Bhagirath Polyfins Pvt Ltd

Bhagirath Polyfins Pvt Ltd - manufacturing in Olpad, Gujarat, India. FY 2026 financials & compliance.
CIN U17110GJ1994PTC021511 Incorporated 09 March 1994 ROC Ahmedabad HQ Olpad, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹21.11 Cr
▲ 20% YoY
Net profit · FY 2025
₹4.75 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹46.57 Lakh
EBITDA margin 2.2%
Authorised capital
₹90 Lakh
Registered with MCA
Paid-up capital
₹67.85 Lakh
Issued & subscribed
Open charges
₹3.9 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings

About Bhagirath Polyfins Pvt Ltd

Data last updated:

Bhagirath Polyfins Pvt Ltd is a private limited company based in Olpad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 March 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1994PTC021511. Its GSTIN is 24AAACB9708K1ZL (Gujarat).

The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹67.85 Lakh. It is led by directors Pradeep Goyal Kumar and Brijeshkumar Goyal.

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 Olpad, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹21.11 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹4.75 Lakh (net margin 0.2%) and EBITDA of ₹46.57 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.

As per MCA filings, the company has open charges of ₹3.9 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Bhagirath Polyfins Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0067919). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhagirath.co.in.

Company details

CIN U17110GJ1994PTC021511
Registration Number 021511
Incorporation Date 09 March 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0067919
Key People
Pradeep Goyal Kumar Director Brijeshkumar Goyal Director

Recognitions & Rankings of Bhagirath Polyfins

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-22-0067919

Contact details

Bhagirath Polyfins Pvt Ltd's registered office is in Olpad, Gujarat. Its website is bhagirath.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    bhagirath.co.in
  • Registered Address
    Plot No. 2/A Block No 207, Saheli Industrial Estate Kim Mandvi Road, Olpad, Gujarat, India – 394110
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Bhagirath Polyfins Pvt Ltd, buy the company report.

Comprehensive company report
Bhagirath Polyfins Pvt Ltd - 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 activities of Bhagirath Polyfins are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Bhagirath Polyfins Pvt Ltd, buy the company report.

Financials of Bhagirath Polyfins Pvt Ltd

FY 2025 filings available

Bhagirath Polyfins Pvt Ltd reported revenue of ₹21.11 Cr (up 20% YoY) for FY 2025.

Revenue · FY 2025
₹21.11 Cr ▲ 20%
Net profit · FY 2025
₹4.75 Lakh margin 0.2%
EBITDA · FY 2025
₹46.57 Lakh margin 2.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 6%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 3%
5 years · compounded
▲ 1%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 20% growth in the latest year. EBITDA rose 7% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹46.57 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.75 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.2%
Net Profit Margin0.2%
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

To see the full financial statements and ratios of Bhagirath Polyfins Pvt Ltd, buy the company report.

Board of directors of Bhagirath Polyfins Pvt Ltd

Bhagirath Polyfins has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pradeep Goyal Kumar
Also directs: Bak Yarns LLP, Bpack Solutions LLP, Bhagirath Fibre Pvt Ltd
Director09 Mar 199432 Years 8 MonthsCurrent
Brijeshkumar Goyal
Also directs: Bhagirath Fibre Pvt Ltd, Sarg Enterprises LLP
Director09 Mar 199432 Years 8 MonthsCurrent
View all directors

Peer comparison

Bhagirath Polyfins Pvt Ltd is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Feeha Industries Private Limited₹21.13 Cr (FY 2025)114.0%Ludhiana, Punjab, India
Winndsor Cotton Mills Private Limited₹21.12 Cr (FY 2025)4.0%Coimbatore, Tamil Nadu, India
Amar Industries Ltd₹21.11 Cr (FY 2024)4.0%Ludhiana, Punjab, India
Bhagirath Polyfins Pvt Ltdthis company₹21.11 Cr (FY 2025)₹4.75 Lakh0.2%20.0%Olpad, Gujarat, India
Shori Trends Private Limited₹21.1 Cr (FY 2024)19.0%Palladam Road, Tirupur, Tamil Nadu, India

To see the full peer comparison of Bhagirath Polyfins Pvt Ltd, buy the company report.

Auditor

Bhagirath Polyfins Pvt Ltd is audited by M R BOMBAYWALA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M R BOMBAYWALA & CO.FY 2023123117W

Shareholding

The shareholding of Bhagirath Polyfins Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bhagirath Polyfins Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹3.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹3.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Dec 200090099290Canara Bank₹3.8 CrOpen
26 Mar 199690098377Canara Bank₹10 LakhOpen

To see the full charge records of Bhagirath Polyfins Pvt Ltd, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Bhagirath Polyfins Pvt Ltd has 9 MSME Form 1 returns on record between 2019 and 2023, listing 318 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 23)

SupplierAmount dueDue sinceReported on
Welknit Fab LLP
Prafful Overseas Private Limited
Prafful Exports
an individual supplier
an individual supplier

To see the full MSME payment records of Bhagirath Polyfins Pvt Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Bhagirath Polyfins has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACB9708K1ZLGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Bhagirath Polyfins Pvt Ltd, buy the company report.

Recent activity

Bhagirath Polyfins Pvt Ltd has 7 board changes on record since 1994: 2 appointments and 5 cessations. The latest: Goyal Ankur Brijesh ceased to be Director on 31 Jul 2021.

AGM
Bhagirath Polyfins Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhagirath Polyfins Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Canara Bank of Rs. 380.00 Lakh registered on 02 Dec 2000 with Charge ID 90099290 was modified on 05 Feb 2025.
Ceased
Goyal Ankur Brijesh ceased to be Director.
Ceased
Goyal Pradeepkumar Parth ceased to be Director.
Ceased
Pradhuman Pradeepkumar Goyal ceased to be Director.
Ceased
Maya Brijeshkumar Goyal ceased to be Director.
Ceased
Radha Pradeepkumar Goyal ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 380.00 Lakh with Charge ID 90099290 was registered on 02 Dec 2000.
Charges
A charge with Canara Bank amounted to Rs. 10.00 Lakh with Charge ID 90098377 was registered on 26 Mar 1996.
Appointed
Brijeshkumar Goyal was appointed as Director.
Appointed
Pradeep Goyal Kumar was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Bhagirath Polyfins is an active private limited company based in Olpad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 March 1994 (32+ years old) and is registered under CIN U17110GJ1994PTC021511.

Bhagirath Polyfins has 2 current directors:

The latest financial statements of Bhagirath Polyfins on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Bhagirath Polyfins is 24AAACB9708K1ZL, registered in Gujarat.

The CIN (Corporate Identification Number) of Bhagirath Polyfins is U17110GJ1994PTC021511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bhagirath Polyfins has 1 court case on record: 1 filed by the company.

Bhagirath Polyfins was incorporated on 09 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Bhagirath Polyfins by revenue are Feeha Industries Private Limited, Winndsor Cotton Mills Private Limited, Amar Industries Ltd, Shori Trends Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Goyal Ankur Brijesh ceased to be Director on 31 Jul 2021. Goyal Pradeepkumar Parth ceased to be Director on 31 Jul 2021. Pradhuman Pradeepkumar Goyal ceased to be Director on 31 Jul 2021. Bhagirath Polyfins has 7 board changes on record in total.

Yes, Bhagirath Polyfins is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0067919).

Bhagirath Polyfins has 9 MSME Form 1 returns on record between 2019 and 2023, listing 318 overdue payments to 23 micro and small suppliers. The latest return was filed on 27 Aug 2023.

Bhagirath Polyfins can be reached through the website bhagirath.co.in. Its registered office is in Olpad, Gujarat, India.