Aakash Polyesters Pvt Ltd
About Aakash Polyesters Pvt Ltd
Data last updated:
Aakash Polyesters Pvt Ltd is a private limited company based in Karanj, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1991PTC015991. Its GSTIN is 24AABCA8806C1Z5 (Gujarat).
The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹1.34 Cr. It is led by directors including Nishith Yogeshchandra Gulati and Vimal Yogesh Chandra Gulati.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Block No. 304 Plot No.11A 11B Behind Sumeet Ind. Vill – Karanj, Gujarat, India – 394110.
As per the financials filed for FY 2025, the company reported a revenue of ₹100.62 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹51.34 Lakh (net margin 0.5%) and EBITDA of ₹3.86 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹63.48 Cr and satisfied charges of ₹18.99 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBlock No. 304 Plot No.11A 11B Behind Sumeet Ind. Vill – Karanj, Gujarat, India – 394110
- IndustryManufacturing, Textile & Fabric Production
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business Activity of Aakash Polyesters Pvt Ltd
The main business activity of Aakash Polyesters is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aakash Polyesters Pvt Ltd FY 2025 filings available
Aakash Polyesters Pvt Ltd reported revenue of ₹100.62 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Aakash Polyesters Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 9% growth in the latest year. EBITDA rose 25% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Aakash Polyesters Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51.34 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Aakash Polyesters Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aakash Polyesters are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aakash Polyesters Pvt Ltd
Aakash Polyesters Pvt Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Omshree Gulab Tex Private Limited | ₹101.13 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Jaipur, Rajasthan, India |
| Nitvansh Industries Private Limited | ₹101.01 Cr (FY 2025) | •••• | •••• | 111.0% | •••• | Delhi, India |
| Anuvarthh Apparels Private Limited | ₹100.98 Cr (FY 2020) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
| Nipun Technoweave Private Limited | ₹100.67 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Surat, Gujarat, India |
| Aakash Yarn Industries Private Limited | ₹100.66 Cr (FY 2025) | •••• | •••• | 266.0% | •••• | Mumbai, Maharashtra, India |
| Aakash Polyesters Pvt Ltd this company | ₹100.62 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Karanj, Gujarat, India |
| Technocraft Fashions Limited | ₹100.58 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Mumbai, Maharashtra, India |
| Vijay Garments Limited | ₹100.57 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Chennai, Tamil Nadu, India |
| Somanur Kalpana Cotton (India) Private Limited | ₹100.45 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Somanur, Tamil Nadu, India |
| Kalakruti Processors Private Limited | ₹100.32 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Surat, Gujarat, India |
| Sree Kaderi Ambal Mills Private Limited | ₹100.27 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Madurai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Aakash Polyesters by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aakash Polyesters Pvt Ltd
Aakash Polyesters Pvt Ltd is audited by ANUP K AGRAWAL AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANUP K AGRAWAL AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aakash Polyesters Pvt Ltd
Aakash Polyesters has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishith Yogeshchandra Gulati Also directs: Bico Twitex Private Limited, Delakshi India Private Limited | Director | 06 Jan 2003 | 23 Years 9 Months | Current |
| Vimal Yogesh Chandra Gulati Also directs: Bico Twitex Private Limited, Delakshi India Private Limited | Director | 06 Jan 2003 | 23 Years 9 Months | Current |
| Amita Nishith Gulati Also directs: Bico Twitex Private Limited, Delakshi India Private Limited | Director | 06 Jan 2003 | 23 Years 9 Months | Current |
Ownership and Shareholding of Aakash Polyesters Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aakash Polyesters Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2025 | Yes Bank Limited | ₹14 Cr | Open |
| 13 Jan 2025 | State Bank of India | ₹2.65 Cr | Open |
| 01 Oct 2024 | Standard Chartered Bank | ₹95.5 Lakh | Open |
| 09 Jun 2021 | Standard Chartered Bank | ₹85.5 Lakh | Open |
| 09 Jun 2021 | Standard Chartered Bank | ₹1.71 Cr | Open |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Aakash Polyesters Pvt Ltd
Employment history and EPFO contributions of people linked to Aakash Polyesters.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Aakash Polyesters Pvt Ltd
Aakash Polyesters Pvt Ltd has 3 board changes on record since 2003: 3 appointments. The latest: Amita Nishith Gulati was appointed as Director on 06 Jan 2003.
29 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Aakash Polyesters Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aakash Polyesters Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aakash Polyesters Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aakash Polyesters Pvt Ltd
Aakash Polyesters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA8806C1Z5 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aakash Polyesters Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aakash Polyesters Pvt Ltd
Aakash Polyesters is an active private limited company based in Karanj, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 July 1991 (35+ years old) and is registered under CIN U17110GJ1991PTC015991.
Aakash Polyesters reported revenue of ₹100.62 Cr for FY 2025 (up 9% YoY).
Aakash Polyesters has 3 current directors:
- Nishith Yogeshchandra Gulati - Director
- Vimal Yogesh Chandra Gulati - Director
- Amita Nishith Gulati - Director
Aakash Polyesters reported a net profit of ₹51.34 Lakh (net margin 0.5%) and EBITDA of ₹3.86 Cr (EBITDA margin 3.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aakash Polyesters is 29% over three years and 28% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aakash Polyesters is 24AABCA8806C1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Aakash Polyesters is U17110GJ1991PTC015991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakash Polyesters was incorporated on 18 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aakash Polyesters by revenue are Omshree Gulab Tex Private Limited, Nitvansh Industries Private Limited, Anuvarthh Apparels Private Limited, Nipun Technoweave Private Limited, Aakash Yarn Industries Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Amita Nishith Gulati was appointed as Director on 06 Jan 2003. Nishith Yogeshchandra Gulati was appointed as Director on 06 Jan 2003. Vimal Yogesh Chandra Gulati was appointed as Director on 06 Jan 2003.
The registered office of Aakash Polyesters is at Block No. 304 Plot No.11A 11B Behind Sumeet Ind. Vill – Karanj, Gujarat, India – 394110.