- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0009817

About Centenary Polytex Pvt Ltd
Data last updated:
Centenary Polytex Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 13 March 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1989PTC011995. Its GSTIN is 24AAACC7698H1ZE (Gujarat).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹48.9 Lakh. It is led by directors Raghav Rajiv Bansal and Rajivkumar Giriraj Bansal.
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 241 New Cloth Market Outside Raipur Gate, Ahmedabad, Gujarat, India – 380002.
As per the financials filed for FY 2025, the company reported a revenue of ₹200.37 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹5.69 Cr (net margin 2.8%) and EBITDA of ₹26.09 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 15% over five years.
The company is associated with 1 brand: Centenary Polytex Private Limited. As per MCA filings, the company has open charges of ₹142.56 Cr and satisfied charges of ₹4.94 Cr on record. Court records list 25 cases involving the company, including 20 filed by the company and 5 filed against it; 7 cases are pending. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹2.75 Cr; the latest was in May 2019. Its 7 peer companies in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Brightflexi International Private Limited with revenue of ₹216.3 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 17 micro and small suppliers.
Centenary Polytex Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0009817). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website centenarypolytex.com.
Company details
Recognitions & Rankings of Centenary Polytex
Contact details
Centenary Polytex Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is centenarypolytex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address241 New Cloth Market Outside Raipur Gate, Ahmedabad, Gujarat, India – 380002
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Centenary Polytex Pvt Ltd, buy the company report.
- 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
Brands
Centenary Polytex operates one associated brand: Centenary Polytex Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of PP and BOPP woven fabrics, bags, and agricultural supplies in India. | centenarypolytex.com |
Business activity
The main business activity of Centenary Polytex is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Centenary Polytex Pvt Ltd, buy the company report.
Financials of Centenary Polytex Pvt Ltd
FY 2025 filings availableCentenary Polytex Pvt Ltd reported revenue of ₹200.37 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 12% growth in the latest year. EBITDA rose 16% 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 | ₹26.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.69 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | ||||
| Net Profit Margin | 2.8% | ||||
| 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 Centenary Polytex Pvt Ltd, buy the company report.
Board of directors of Centenary Polytex Pvt Ltd
Centenary Polytex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Rajiv Bansal Also directs: Centenary Geotex Private Limited, Falcon Geotex Private Limited | Director | 15 Nov 2021 | 4 Years 11 Months | Current |
| Rajivkumar Giriraj Bansal | Director | 20 Mar 2007 | 19 Years 7 Months | Current |
Peer comparison
Centenary Polytex Pvt Ltd is compared with the 7 companies closest to it by revenue in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brightflexi International Private Limited | ₹216.3 Cr (FY 2025) | 14.0% | Mangalore, Karnataka, India | |||
| J.K.Sons Engineers Private Limited | ₹216.23 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Gujarat Craft Industries Limited | ₹203.26 Cr (FY 2025) | 16.0% | Gandhinagar, Gujarat, India | |||
| Centenary Polytex Pvt Ltdthis company | ₹200.37 Cr (FY 2025) | ₹5.69 Cr | 2.8% | 12.0% | Ahmedabad, Gujarat, India | |
| Sai Surfactants Private Limited | ₹194.02 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Polyraj Fabrics Private Limited | ₹190.66 Cr (FY 2025) | -3.0% | Indore, Madhya Pradesh, India | |||
| Kaypee Polyfab Private Limited | ₹187.49 Cr (FY 2025) | 13.0% | Kadi, Mehsana, Gujarat, India | |||
| Virgo Polymers India Limited | ₹186.4 Cr (FY 2025) | 40.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Centenary Polytex Pvt Ltd, buy the company report.
Auditor
Centenary Polytex Pvt Ltd is audited by A. S. GUPTA & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. S. GUPTA & ASSOCIATES | FY 2024 | 116882W |
Shareholding
The shareholding of Centenary Polytex Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Centenary Polytex Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2026 | 101374540 | Others | ₹2.32 Cr | Open | |
| 25 Mar 2026 | 101260563 | Others | ₹1 Cr | Open | |
| 30 Sep 2024 | 100981133 | Sidbi | ₹4.18 Cr | Open | |
| 23 Nov 2023 | 100825394 | Sidbi | ₹6.49 Cr | Open | |
| 15 Dec 2022 | 100662989 | Others | ₹42.7 Lakh | Open |
To see the full charge records of Centenary Polytex Pvt Ltd, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Centenary Polytex Pvt Ltd has 5 deals on record (5 funding rounds), with disclosed funding of ₹2.75 Cr; the latest was in May 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Funding round | ₹18.3 Lakh | Investors: an individual |
| Feb 2019 | Funding round | ₹29.7 Lakh | Investors: 4 individuals |
| Oct 2010 | Funding round | ₹10 Lakh | Investors: an individual |
| Jun 2010 | Funding round | ₹1.18 Cr | Investors: Green Star Financial Private Limited, Urika Construction Private Limited, Bees Infracon Private Limited |
| Mar 2007 | Funding round | ₹99.8 Lakh | Investors: Apa Finance Limited , Bosco Commerce Pvt Ltd , Delicate Electric Appl. Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Centenary Polytex Pvt Ltd has 25 court cases on record: 20 filed by Centenary Polytex, 5 filed against it. 7 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 2 | 6 |
| High courts | 3 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Shri Sai Krupa Sugars and Allied Industries Ltd. and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Chiripal Industries Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Shree Agro Crop Sciences Pvt. Ltd. | Disposed |
| District court, Kheda at Nadiad, Gujarat | Commercial matter | Filed by the company against Dharashiv Sakhar Karkhana Ltd and 6 others | Disposed |
| District court, Kheda at Nadiad, Gujarat | Commercial matter | Filed by the company against Gurukripa Tarpaulins Private Limited and 3 others | Disposed |
To see the full case history of Centenary Polytex Pvt Ltd, 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.
Credit ratings & regulatory alerts
Centenary Polytex Pvt Ltd was last rated by Care on 03 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Feb 2022 |
To see the full credit ratings and regulatory alerts of Centenary Polytex Pvt Ltd, buy the company report.
MSME payment delays
Centenary Polytex Pvt Ltd has 3 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 17 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 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Global Ecopack Private Limited | |||
| Mahavir Dal Mills Private Limited | |||
| Indian Polymer Industries LLP | |||
| Darshna Bags | |||
| D R International Private Limited |
To see the full MSME payment records of Centenary Polytex Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Centenary Polytex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC7698H1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Centenary Polytex Pvt Ltd, buy the company report.
Recent activity
Centenary Polytex Pvt Ltd has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Raj Kumar Bansal ceased to be Director on 03 Jan 2024.
24 earlier events are in the company report.
Frequently asked questions
Centenary Polytex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 13 March 1989 (37+ years old) and is registered under CIN U17119GJ1989PTC011995.
Centenary Polytex has 2 current directors:
- Raghav Rajiv Bansal - Director
- Rajivkumar Giriraj Bansal - Director
The latest financial statements of Centenary Polytex 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 Centenary Polytex is 24AAACC7698H1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Centenary Polytex is U17119GJ1989PTC011995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Centenary Polytex has 25 court cases on record: 20 filed by the company and 5 filed against it. 7 are pending. Most are in the district courts.
Centenary Polytex was incorporated on 13 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Centenary Polytex has 5 deals on record (5 funding rounds), with disclosed funding of ₹2.75 Cr; the latest was in May 2019.
The peers of Centenary Polytex by revenue are Brightflexi International Private Limited, J.K.Sons Engineers Private Limited, Gujarat Craft Industries Limited, Sai Surfactants Private Limited, Polyraj Fabrics Private Limited and 2 more, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Raj Kumar Bansal ceased to be Director on 03 Jan 2024. Raghav Rajiv Bansal was appointed as Director on 15 Nov 2021. Ashokkumar Giriraj Bansal ceased to be Director on 17 May 2016. Centenary Polytex has 5 board changes on record in total.
Yes, Centenary Polytex is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0009817).
Centenary Polytex has 3 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 17 micro and small suppliers. The latest return was filed on 04 Nov 2023.

