MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0039101
Adhunik Polytex Limited - manufacturing in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹49.18 Cr
▲ 16% YoY
Net profit · FY 2025
₹5.67 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹49.32 Lakh
EBITDA margin 1%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹72.6 Lakh
Issued & subscribed
Open charges
₹4.93 Cr
Satisfied ₹65 Lakh
Company age
39 yrs
Est. 1987
Directors on board
4
As per MCA filings
About Adhunik Polytex Limited
Data last updated:
Adhunik Polytex Limited is a public limited company based in Udaipur, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17118RJ1987PLC004601. Its GSTIN is 24AAACA9480H1ZO (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹72.6 Lakh. It was formerly known as Adhunik Polytex Private Limited. It is led by directors including Shanti Lal Dangi (Managing Director) and Sandeep Dangi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 13 Jin Dut Suri Complex Mewar Motors Link Road, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.18 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹5.67 Lakh (net margin 0.1%) and EBITDA of ₹49.32 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹4.93 Cr and satisfied charges of ₹65 Lakh on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it; 1 case is pending.
Adhunik Polytex Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0039101). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suratvastra.com.
Company details
CIN U17118RJ1987PLC004601
Registration Number 004601
Incorporation Date 16 February 1987
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0039101
CIN history
Adhunik Polytex has one previous CIN (Corporate Identification Number): U17118RJ1988PLC004601. The current CIN is U17118RJ1987PLC004601, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17118RJ1987PLC004601 | Current |
| U17118RJ1988PLC004601 | Previous |
Key People
Shanti Lal Dangi Managing Director Sandeep Dangi Whole-Time Director Bhagwan Sahay Gupta Director Recognitions & Rankings of Adhunik Polytex
Contact details
Adhunik Polytex Limited's registered office is in Udaipur, Rajasthan. Its website is suratvastra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 13 Jin Dut Suri Complex Mewar Motors Link Road, Udaipur, Rajasthan, India – 313001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Adhunik Polytex Limited, buy the company report.
Comprehensive company report
Adhunik Polytex Limited - one report that includes everything
- 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
The main business activity of Adhunik Polytex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Adhunik Polytex Limited, buy the company report.
Financials of Adhunik Polytex Limited
FY 2024 filings availableAdhunik Polytex Limited reported revenue of ₹49.18 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹49.18 Cr ▲ 16%
Net profit · FY 2025
₹5.67 Lakh margin 0.1%
EBITDA · FY 2025
₹49.32 Lakh margin 1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 5%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 11%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 16% growth in the latest year. EBITDA rose 33% 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
| 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 | ₹49.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.67 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Adhunik Polytex Limited, buy the company report.
Board of directors of Adhunik Polytex Limited
Adhunik Polytex has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagwan Sahay Gupta Also directs: Magnate Synthetics Private Limited | Director | 30 Sep 2013 | 13 Years 1 Months | Current |
| Saksham Dangi Also directs: Buzzhub Consultancy Private Limited | Director | 30 Sep 2023 | 3 Years 1 Months | Current |
| Sandeep Dangi | Whole-Time Director | 11 Sep 1998 | 28 Years 1 Months | Current |
| Shanti Lal Dangi Also directs: Anand Suitings Private Limited, Magnate Synthetics Private Limited | Managing Director | 25 Feb 1987 | 39 Years 8 Months | Current |
Auditor
Adhunik Polytex Limited is audited by P.T. Bhambhani & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.T. Bhambhani & Co. | FY 2022 | 112525W |
Shareholding
The shareholding of Adhunik Polytex Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adhunik Polytex Limited, buy the company report.
Charges & borrowings
Open charges
₹4.93 Cr
Satisfied charges
₹65 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2014 | 10531588 | Tamilnad Mercantile Bank Ltd | ₹2 Cr | Open | |
| 30 Oct 2013 | 10459821 | Tamilnad Mercantile Bank Limited | ₹2.93 Cr | Open | |
| 28 Mar 2017 | 100091791 | Tamilnad Mercantile Bank Limited | ₹25 Lakh | Satisfied | |
| 25 Oct 2005 | 90113659 | State Bank of India | ₹40 Lakh | Satisfied |
To see the full charge records of Adhunik Polytex Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Adhunik Polytex Limited has 13 court cases on record: 12 filed by Adhunik Polytex, 1 filed against it. 1 case is pending and 12 are disposed.
Total cases
13
Filed by the company
12
Filed against the company
1
Pending
1
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 1 | 0 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, SURAT, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against State of Raj. and Ors. | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against State of Raj. and Ors. | Disposed |
| High Court | Writ petition | Filed by the company against State of Raj. and Ors. | Disposed |
To see the full case history of Adhunik Polytex Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adhunik Polytex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Adhunik Polytex has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Magnate Synthetics Private Limited | U24304RJ1987PTC007665 |
To see the full group structure of Adhunik Polytex Limited, buy the company report.
GST
Adhunik Polytex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACA9480H1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adhunik Polytex Limited, buy the company report.
Recent activity
Adhunik Polytex Limited has 7 board changes on record since 1987: 4 appointments and 3 cessations. The latest: Saksham Dangi was appointed as Director on 30 Sep 2023.
AGM
Adhunik Polytex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Adhunik Polytex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Appointed
Saksham Dangi was appointed as Director.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 2.93 Cr registered on 30 Oct 2013 with Charge ID 10459821 was modified on 13 Aug 2021.
Charges
A charge registered on 28 Mar 2017 via Charge ID 100091791 with Tamilnad Mercantile Bank Limited was fully satisfied on 24 Oct 2017.
Ceased
Meghna Dangi ceased to be Director.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100091791 was registered on 28 Mar 2017.
Ceased
Shanti Lal Dalal ceased to be Director.
Charges
A charge with Tamilnad Mercantile Bank Ltd amounted to Rs. 2.00 Cr with Charge ID 10531588 was registered on 18 Oct 2014.
Charges
A charge registered on 25 Oct 2005 via Charge ID 90113659 with State Bank Of India was fully satisfied on 11 Nov 2013.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 2.93 Cr with Charge ID 10459821 was registered on 30 Oct 2013.
Appointed
Bhagwan Sahay Gupta was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
Adhunik Polytex is an active public limited company based in Udaipur, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 February 1987 (39+ years old) and is registered under CIN U17118RJ1987PLC004601.
Adhunik Polytex has 4 current directors:
- Shanti Lal Dangi - Managing Director
- Sandeep Dangi - Whole-Time Director
- Bhagwan Sahay Gupta - Director
- Saksham Dangi - Director
The latest financial statements of Adhunik Polytex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Adhunik Polytex is 24AAACA9480H1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Adhunik Polytex is U17118RJ1987PLC004601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adhunik Polytex has 13 court cases on record: 12 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Adhunik Polytex was incorporated on 16 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Jaipur.
Saksham Dangi was appointed as Director on 30 Sep 2023. Meghna Dangi ceased to be Director on 21 Aug 2017. Shanti Lal Dalal ceased to be Director on 01 Jul 2016. Adhunik Polytex has 7 board changes on record in total.
Yes, Adhunik Polytex is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0039101).
Adhunik Polytex can be reached through the website suratvastra.com. Its registered office is in Udaipur, Rajasthan, India.
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