About Polytex India
Polytex India is a publicly listed company based in Mumbai (India) founded in 1987. Diversified non-banking financial services are provided across India. Polytex India offers products and services including Personal Loans, Vehicle Financing, and Working Capital Loans. Its focus areas include Consumer and SME Loans and Diversified. Its legal entity in India is Polytex India Ltd (L51900MH1987PLC042092). Similar companies include Manappuram Finance, L & T Finance Holdings and IIFL Finance; 1 of its 3 listed similar companies has raised funding.
Company details
Polytex India was established in 1987 and is headquartered in Mumbai, India. Operations are centered on the non-banking financial sector, with diversification into various financial activities. Services such as lending, investments, and related financial solutions are extended to clients throughout the country. The company maintains a presence in the Indian market, focusing on stable financial intermediation without banking licenses.
- Headquarters Mumbai, India
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website polytexindia.com
- Legal Name Polytex India Ltd
- Net Loss-₹16.1 Lakh
FY 2024 · 0% margin
- EBITDA-₹15.9 Lakh
FY 2024 · 0% margin
Associated legal entities of Polytex India
Polytex India operates through Polytex India Ltd, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Polytex India Ltd Listed CIN L51900MH1987PLC042092 | Active | 05 Jan 1987 | Mumbai, Maharashtra | 7 | View details |
Products & Services of Polytex India
Polytex India offers a comprehensive portfolio of products and services, including Personal Loans, Vehicle Financing, and Working Capital Loans.
Loans for individuals to meet personal financial needs
Funding for vehicle purchases through hire purchase
Loans to support business operations and cash flow
Board of directors of Polytex India Ltd (Polytex India)
Polytex India Ltd is the primary company behind Polytex India. The board of Polytex India Ltd currently have 5 directors; the longest-serving is Arvind Mulji Kariya, appointed in 2010. 23 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arvind Mulji Kariya DIN 00216112 | Whole-time director | 15 Sep 2010 | 16 yrs 1 mo | Polytex India Ltd |
| Jegna Arvind Kariya DIN 02376901 | Director | 13 Aug 2022 | 4 yrs 2 mo | Polytex India Ltd |
| Heena Gurmukhdas Kukreja DIN 09703418 | Director | 13 Aug 2022 | 4 yrs 2 mo | Polytex India Ltd |
| Deepa Kunal Bhambhani DIN 09698600 | Director | 13 Aug 2022 | 4 yrs 2 mo | Polytex India Ltd |
| Kapil Purohit DIN 09452936 | Director | 13 Aug 2022 | 4 yrs 2 mo | Polytex India Ltd |
IPO & Listings of Polytex India
Polytex India is a publicly listed company on the BSE with ticker symbol POLYTEX in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date29 Nov 2006
- Listed onBSE: 512481
- Listed entityPolytex India Ltd
- Exchange sectorFinance
- ISININE012F01016
- Share price₹4.66 (-4.9% on the day) · 2026-10-12
- Market capitalisation₹6.3 Cr
- EPS (diluted, trailing year)₹-0.10
- Volume (last session)199
Financials of Polytex India
Figures of Polytex India Ltd, the primary company behind Polytex India, for FY 2024. Net loss was -₹16.1 Lakh (0% margin). EBITDA was -₹15.9 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over five years.
- -₹16.1 LakhNet loss · 0% margin
- -₹15.9 LakhEBITDA · 0% margin
- ₹13.50 CrPaid-up capital
- -100%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | -₹0.1 Cr | -₹0.1 Cr | |
| 2024 | -₹0.1 Cr | -₹0.1 Cr | |
| 2023 | -₹0.2 Cr | -₹0.2 Cr | |
| 2022 | -₹0.1 Cr | -₹0.1 Cr | |
| 2021 | ₹0.2 Cr | -₹0.7 Cr | -₹0.8 Cr |
Balance sheet, profit and loss, cash flow and ratios of Polytex India Ltd are on its company page.
Detailed financial statements for Polytex India
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Similar companies to Polytex India
Polytex India has 3 listed similar companies in our database, 1 of them funded. They include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| ltfs.com | 1994 | Mumbai, India | 39,216 | Diversified lending services are provided as a non-banking financial institution. | ||
| iifl.com | 1995 | Mumbai, India | 16,076 | Online gold, home, personal, and business loans are provided. |
Detailed similar companies of Polytex India
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Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Polytex India (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 36,520 |
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Frequently Asked Questions about Polytex India
Polytex India was founded in 1987.
Polytex India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Polytex India was established in 1987 and is headquartered in Mumbai, India. Operations are centered on the non-banking financial sector, with diversification into various financial activities. Services such as lending, investments, and related financial solutions are extended to clients throughout the country. The company maintains a presence in the Indian market, focusing on stable financial intermediation without banking licenses.
Polytex India's top competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
Polytex India offers Personal Loans, Vehicle Financing, and Working Capital Loans.
Yes, Polytex India is publicly traded on BSE under the ticker symbol POLYTEX.
Polytex India operates through Polytex India Ltd.
The legal entities of Polytex India currently have 6 directors, including Arvind Mulji Kariya, Jegna Arvind Kariya, Heena Gurmukhdas Kukreja and others.