
Garg Polytex Private Limited
About Garg Polytex Private Limited
Data last updated:
Garg Polytex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1991PTC062755.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.92 Lakh. It is led by directors including Shweta Vishal Jhunjhunwala and Shivani Vikas Agarwal.
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 59 Nakhoda Str1 St Fl Vora Bldg, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2024, the company reported a revenue of ₹16,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹36,000 (net margin -225%) and EBITDA of -₹24,000 (EBITDA margin -150%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 64% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Garg Polytex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address59 Nakhoda Str1 St Fl Vora Bldg, Mumbai, Maharashtra, India – 400003
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Garg Polytex Private Limited, 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
Financials of Garg Polytex Private Limited
FY 2025 filings availableGarg Polytex Private Limited reported revenue of ₹16,000 (up 300% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 300% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 64%. EBITDA rose 31% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹24,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹36,000 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -150% | ||||
| Net Profit Margin | -225% | ||||
| 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 Garg Polytex Private Limited, buy the company report.
Board of directors of Garg Polytex Private Limited
Garg Polytex has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Vishal Jhunjhunwala Also directs: Vista Business Ventures LLP, JMF Nextgen Materials Private Limited | Director | 12 Feb 2021 | 5 Years 8 Months | Current |
| Shivani Vikas Agarwal Also directs: Skyview Wealth LLP, Elite Retailing Company Private Limited | Director | 12 Feb 2021 | 5 Years 8 Months | Current |
| Rachna Purshotam Garg | Director | 31 Jul 1991 | 35 Years 2 Months | Current |
Auditor
Garg Polytex Private Limited is audited by KALYAN JAIN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALYAN JAIN & CO | FY 2022 | 037128 |
Shareholding
The shareholding of Garg Polytex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Garg Polytex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Garg Polytex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Garg Polytex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Garg Polytex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Garg Polytex Private Limited has 4 board changes on record since 1991: 3 appointments and 1 cessation. The latest: Purshotam Ramswaroop Garg ceased to be Director on 12 Feb 2021.
Frequently asked questions
Garg Polytex is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 31 July 1991 (35+ years old) and is registered under CIN U17120MH1991PTC062755.
Garg Polytex has 3 current directors:
- Shweta Vishal Jhunjhunwala - Director
- Shivani Vikas Agarwal - Director
- Rachna Purshotam Garg - Director
The latest financial statements of Garg 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 CIN (Corporate Identification Number) of Garg Polytex is U17120MH1991PTC062755. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garg Polytex was incorporated on 31 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Purshotam Ramswaroop Garg ceased to be Director on 12 Feb 2021. Shivani Vikas Agarwal was appointed as Director on 12 Feb 2021. Shweta Vishal Jhunjhunwala was appointed as Director on 12 Feb 2021. Garg Polytex has 4 board changes on record in total.
The registered office of Garg Polytex is at 59 Nakhoda Str1 St Fl Vora Bldg, Mumbai, Maharashtra, India – 400003.
Garg Polytex operates in the manufacturing industry, in the textile and fabric production segment.
The compliance status of Garg Polytex is compliant as of 25 July 2026. The company is actively filing with the Registrar of Companies.
Garg Polytex can be reached at its registered office: 59 Nakhoda Str1 St Fl Vora Bldg, Mumbai, Maharashtra, India – 400003.