Denier Polycot Private Limited

Denier Polycot Private Limited - home & lifestyle in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U17119GJ2002PTC040695 Incorporated 08 May 2002 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company home and lifestyle
Data last updated
Revenue · FY 2020
₹1.71 Cr
▼ 19% YoY
Net profit · FY 2020
₹1.75 Lakh
Net margin 1%
EBITDA · FY 2020
₹1.8 Lakh
EBITDA margin 1.1%
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹10.34 Lakh
Issued & subscribed
Satisfied charges
₹35 Lakh
No open charges
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings

About Denier Polycot Private Limited

Data last updated:

Denier Polycot Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 08 May 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ2002PTC040695. Its GSTIN is 24AABCD4719M1ZL (Gujarat).

The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹10.34 Lakh. It is led by directors Jigarkumar Prabhudas Patel and Patel Vinashkumar Laxmanbhai.

Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 2201 Hariom Market No.2 Reid Road Panchkuva, Ahmedabad, Gujarat, India – 380002.

As per the financials filed for FY 2020, the company reported a revenue of ₹1.71 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Lakh (net margin 1%) and EBITDA of ₹1.8 Lakh (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 22% over five years.

As per MCA filings, the company has satisfied charges of ₹35 Lakh on record. Court records list 5 cases involving the company, including 5 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Denier Polycot Private Limited
CIN U17119GJ2002PTC040695
Registration Number 040695
Incorporation Date 08 May 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    2201 Hariom Market No.2 Reid Road Panchkuva, Ahmedabad, Gujarat, India – 380002
  • Industry
    Home & Lifestyle, Textile Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Denier Polycot Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Denier Polycot Private Limited

The main business activity of Denier Polycot is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Denier Polycot Private Limited FY 2020 filings available

Denier Polycot Private Limited reported revenue of ₹1.71 Cr (down 19% YoY) for FY 2020.

Revenue · FY 2020
₹1.71 Cr ▼ 19%
Net profit · FY 2020
₹1.75 Lakh margin 1%
EBITDA · FY 2020
₹1.8 Lakh margin 1.1%

Compounded Annual Growth Rate (CAGR) of Denier Polycot Private Limited

Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 15%
5 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 26%
5 years · compounded
▼ 39%

Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 19% fall in the latest year. EBITDA fell 75% 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 Denier Polycot Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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₹1.8 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.75 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 of Denier Polycot Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin1.1%••••••••••••••••
Net Profit Margin1%••••••••••••••••
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 Denier Polycot are in the company report.

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Financial statements from 2015

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Peer Comparison of Denier Polycot Private Limited

Denier Polycot Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gladden Healthcare Private Limited₹1.72 Cr (FY 2024)••••••••4.0%••••Mandideep, Madhya Pradesh, India
Fasense Lifestyle Private Limited₹1.72 Cr (FY 2021)••••••••-11.0%••••New Delhi, Delhi, India
Om Accessories India Private Limited₹1.71 Cr (FY 2025)••••••••5077.0%••••Kolkata, West Bengal, India
Trio Traders Pvt Ltd₹1.71 Cr (FY 2024)••••••••-42.0%••••Kolkata, West Bengal, India
Vimspin Yarns Private Limited₹1.71 Cr (FY 2024)••••••••79.0%••••Mumbai, Maharashtra, India
Denier Polycot Private Limited this company₹1.71 Cr (FY 2020)••••••••-19.0%••••Ahmedabad, Gujarat, India
Dwarkadhish's Lifestyle Private Limited₹1.71 Cr (FY 2018)••••••••84.0%••••Nagpur, Maharashtra, India
Pawan Commotrade Private Limited₹1.71 Cr (FY 2025)••••••••2494.0%••••Kolkata, West Bengal, India
Texco Marketing Private Limited₹1.7 Cr (FY 2024)••••••••32.0%••••New Delhi, Delhi, India
An Bazaar Private Limited₹1.7 Cr (FY 2025)••••••••-16.0%••••Surat, Gujarat, India
Madhukant Multitrade Private Limited₹1.7 Cr (FY 2019)••••••••-84.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Denier Polycot by revenue in the Consumer Products industry (Textile Retail and Distribution), 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 Denier Polycot Private Limited

Denier Polycot Private Limited is audited by ASHOKKUMAR SHAH & ASSOCIATES for the financial year 2016.

NameStatusAppointment DateCessation Date
ASHOKKUMAR SHAH & ASSOCIATESLockedLockedLocked
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Board of Directors of Denier Polycot Private Limited

Denier Polycot has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jigarkumar Prabhudas PatelDirector02 Sep 20197 Years 1 MonthsCurrent
Patel Vinashkumar LaxmanbhaiDirector02 Sep 20197 Years 1 MonthsCurrent

Ownership and Shareholding of Denier Polycot Private Limited

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Charges & Borrowings of Denier Polycot Private Limited

Open charges
None
Satisfied charges
₹35 Lakh
Breakdown by lending institutions
Shri Kadi Nagrik Sahkari Bank Limited₹0.20 Cr
Others₹0.15 Cr
Latest charge details
DateLenderAmountStatus
01 Jul 2015Others₹15 LakhSatisfied
02 Aug 2010Shri Kadi Nagrik Sahkari Bank Limited₹20 LakhSatisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Denier Polycot Private Limited

Employment history and EPFO contributions of people linked to Denier Polycot.

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Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Denier Polycot Private Limited

Denier Polycot Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Ramanbhai Ambalal Patel ceased to be Director on 27 Sep 2020.

AGM
Denier Polycot Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Ceased
Ramanbhai Ambalal Patel ceased to be Director.
Filing
Denier Polycot Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.
Ceased
Manishaben Naileshkumar Patel ceased to be Director.
Ceased
Naileshkumar Ramanbhai Patel ceased to be Director.
Ceased
Jigarkumar Prabhudas Patel ceased to be Additional Director.
Ceased
Patel Vinashkumar Laxmanbhai ceased to be Additional Director.
Appointed
Jigarkumar Prabhudas Patel was appointed as Director.
Appointed
Patel Vinashkumar Laxmanbhai was appointed as Director.
Charges
A charge registered on 01 Jul 2015 via Charge ID 10579516 with Others was fully satisfied on 04 Jul 2018.
Ceased
Kokilaben Pravinbhai Patel ceased to be Director.
Ceased
Pravinbhai Ambalal Patel ceased to be Director.

8 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Denier Polycot Private Limited

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MSME Payment Delays by Denier Polycot Private Limited

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Subsidiaries & Group Companies of Denier Polycot Private Limited

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GST Compliance of Denier Polycot Private Limited

Denier Polycot has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCD4719M1ZLGujaratActive01 Jul 2017
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MCA Filings & Documents of Denier Polycot Private Limited

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Frequently Asked Questions about Denier Polycot Private Limited

Denier Polycot is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 08 May 2002 (24+ years old) and is registered under CIN U17119GJ2002PTC040695.

Denier Polycot reported revenue of ₹1.71 Cr for FY 2020 (down 19% YoY).

Denier Polycot has 2 current directors:

Denier Polycot reported a net profit of ₹1.75 Lakh (net margin 1%) and EBITDA of ₹1.8 Lakh (EBITDA margin 1.1%) for FY 2020, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Denier Polycot is -15% over three years and -22% over five years. In the latest year (FY 2020) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Denier Polycot is 24AABCD4719M1ZL, registered in Gujarat.

The CIN (Corporate Identification Number) of Denier Polycot is U17119GJ2002PTC040695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Denier Polycot has 5 court cases on record: 5 filed by the company.

Denier Polycot was incorporated on 08 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Denier Polycot by revenue are Gladden Healthcare Private Limited, Fasense Lifestyle Private Limited, Om Accessories India Private Limited, Trio Traders Pvt Ltd, Vimspin Yarns Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).

Ramanbhai Ambalal Patel ceased to be Director on 27 Sep 2020. Manishaben Naileshkumar Patel ceased to be Director on 16 Dec 2019. Naileshkumar Ramanbhai Patel ceased to be Director on 16 Dec 2019. Denier Polycot has 12 board changes on record in total.

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