Dugar Polytex Private Limited

Dugar Polytex Private Limited - manufacturing in Gandhidham, Gujarat, India. FY 2026 financials & compliance.
CIN U17309GJ2016PTC093212 Incorporated 03 August 2016 ROC Ahmedabad HQ Gandhidham, Gujarat, India
Active Private Limited Company manufacturing MSME
Data last updated
Revenue · FY 2023
₹29.1 Cr
▲ 52% YoY
Net profit · FY 2023
₹2.55 Lakh
Net margin 0.1%
EBITDA · FY 2023
-₹78.73 Lakh
EBITDA margin -2.7%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹2.8 Cr
Issued & subscribed
Open charges
₹27.52 Cr
Satisfied ₹5.98 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
17
Provident fund records

About Dugar Polytex Private Limited

Data last updated:

Dugar Polytex Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 03 August 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17309GJ2016PTC093212. Its GSTIN is 24AAFCD7938L1Z8 (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹2.8 Cr. It is led by directors including Shreevardhan Dugar and Harshvardhan Tarun Dugar.

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 Gandhidham, Gujarat.

As per the financials filed for FY 2023, the company reported a revenue of ₹29.1 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹2.55 Lakh (net margin 0.1%) and EBITDA of -₹78.73 Lakh (EBITDA margin -2.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 48% over five years.

The company has about 17 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹27.52 Cr and satisfied charges of ₹5.98 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹1.49 Cr; the latest was in December 2018. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 192 overdue payments to 15 micro and small suppliers.

Dugar Polytex Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0003769). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dugarpolytex.com.

Company details

CIN U17309GJ2016PTC093212
Registration Number 093212
Incorporation Date 03 August 2016
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 MSME
Udyam Registration UDYAM-GJ-13-0003769
Key People
Shreevardhan Dugar Director Harshvardhan Tarun Dugar Director Tarun Dugar Director

Recognitions & Rankings of Dugar Polytex

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-13-0003769

Contact details

Dugar Polytex Private Limited's registered office is in Gandhidham, Gujarat. Its website is dugarpolytex.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    dugarpolytex.com
  • Registered Address
    Plot No. 49 Ward No.6, Industrial Area, Gandhidham, Gujarat, India – 370201
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Dugar Polytex Private Limited, buy the company report.

Comprehensive company report
Dugar Polytex Private 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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Financials of Dugar Polytex Private Limited

FY 2025 filings available

Dugar Polytex Private Limited reported revenue of ₹29.1 Cr (up 52% YoY) for FY 2023.

Revenue · FY 2023
₹29.1 Cr ▲ 52%
Net profit · FY 2023
₹2.55 Lakh margin 0.1%
EBITDA · FY 2023
-₹78.73 Lakh margin -2.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 27%
5 years · compounded
▲ 48%

Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 52% growth 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹29.1 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹78.73 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.55 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-2.7%
Net Profit Margin0.1%
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 Dugar Polytex Private Limited, buy the company report.

Board of directors of Dugar Polytex Private Limited

Dugar Polytex has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shreevardhan DugarDirector02 Nov 20223 Years 11 MonthsCurrent
Harshvardhan Tarun Dugar
Also directs: Jain Otr Tyre Private Limited
Director03 Aug 201610 Years 2 MonthsCurrent
Tarun Dugar
Also directs: Vinayak Polycon International Limited
Director03 Aug 201610 Years 2 MonthsCurrent
Tejkumar Dugar
Also directs: Jain Otr Tyre Private Limited
Director03 Aug 201610 Years 2 MonthsCurrent
View all directors

Auditor

Dugar Polytex Private Limited is audited by Hitendra Agarwal & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Hitendra Agarwal & Co.FY 2023139925W

Shareholding

The shareholding of Dugar Polytex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Dugar Polytex Private Limited, buy the company report.

Charges & borrowings

Open charges
₹27.52 Cr
Satisfied charges
₹5.98 Cr
Breakdown by lending institutions
Sidbi₹14.36 Cr
Karnataka Bank Ltd.₹10.00 Cr
Others₹3.16 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Oct 2025101166766Sidbi₹50 LakhOpen
25 Mar 2025101068035Sidbi₹86.87 LakhOpen
23 Jan 2025101034310Sidbi₹1 CrOpen
22 Jul 2024100959613Sidbi₹2.34 CrOpen
22 Jun 2023100734062Sidbi₹2.25 CrOpen

To see the full charge records of Dugar Polytex Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Dugar Polytex Private Limited has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹1.49 Cr; the latest was in December 2018.

Total deals
2
Funding round
1
Rights issue
1
Disclosed funding
₹1.49 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Dec 2018Rights issue₹1 LakhInvestors: 3 individuals
Mar 2018Funding round₹1.49 CrInvestors: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Dugar Polytex Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 192 overdue payments to 15 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 15)

SupplierAmount dueDue sinceReported on
an individual supplier
Aangee Compounds LLP
Rudraksh Polychem Unit-2
an individual supplier
an individual supplier

To see the full MSME payment records of Dugar Polytex Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Dugar Polytex Private Limited has a workforce of 17 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
17
Active EPFO establishments
1
Employee growth
-15%

GST

Dugar Polytex has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAFCD7938L1Z8GujaratActive01 Jul 2017
24AAFCD7938L2Z7GujaratActive29 Mar 2022

To see the full GST registrations and return filing status of Dugar Polytex Private Limited, buy the company report.

Recent activity

Dugar Polytex Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Shreevardhan Dugar ceased to be Additional Director on 29 Sep 2023.

Charges
A charge with Sidbi amounted to Rs. 0.50 Cr with Charge ID 101166766 was registered on 13 Oct 2025.
AGM
Dugar Polytex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Dugar Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 0.87 Cr with Charge ID 101068035 was registered on 25 Mar 2025.
Charges
A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 101034310 was registered on 23 Jan 2025.
Charges
A charge with Sidbi amounted to Rs. 2.34 Cr with Charge ID 100959613 was registered on 22 Jul 2024.
Ceased
Shreevardhan Dugar ceased to be Additional Director.
Charges
A charge with Sidbi amounted to Rs. 2.25 Cr with Charge ID 100734062 was registered on 22 Jun 2023.
Charges
A charge with Karnataka Bank Ltd. of Rs. 10.00 Cr registered on 23 Jun 2022 with Charge ID 100602981 was modified on 17 Feb 2023.
Appointed
Shreevardhan Dugar was appointed as Director.
Charges
A charge registered on 29 Oct 2016 via Charge ID 100065032 with Hdfc Bank Limited was fully satisfied on 14 Jul 2022.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 10.00 Cr with Charge ID 100602981 was registered on 23 Jun 2022.

9 earlier events are in the company report.

Frequently asked questions

Dugar Polytex is an active private limited company based in Gandhidham, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 03 August 2016 (10+ years old) and is registered under CIN U17309GJ2016PTC093212.

Dugar Polytex has 4 current directors:

The latest financial statements of Dugar 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 FY 2017 are in the company report.

The GSTIN of Dugar Polytex is 24AAFCD7938L1Z8, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCD7938L2Z7 (Gujarat).

The CIN (Corporate Identification Number) of Dugar Polytex is U17309GJ2016PTC093212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Dugar Polytex has 2 court cases on record: 2 filed against it. 1 is pending.

Dugar Polytex was incorporated on 03 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Dugar Polytex has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹1.49 Cr; the latest was in December 2018.

Shreevardhan Dugar ceased to be Additional Director on 29 Sep 2023. Shreevardhan Dugar was appointed as Director on 02 Nov 2022. Harshvardhan Tarun Dugar was appointed as Director on 03 Aug 2016. Dugar Polytex has 5 board changes on record in total.

Yes, Dugar Polytex is registered as an MSME under Udyam registration (number: UDYAM-GJ-13-0003769).

Dugar Polytex has 8 MSME Form 1 returns on record between 2019 and 2023, listing 192 overdue payments to 15 micro and small suppliers. The latest return was filed on 22 Nov 2023.