Goyal Petrofils Yarns Private Limited

Goyal Petrofils Yarns Private Limited - manufacturing in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U24304PB2002PTC025279 Incorporated 16 July 2002 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹107.96 Cr
▲ 22% YoY
Net profit · FY 2025
₹83.92 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹4.96 Cr
EBITDA margin 4.6%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.79 Cr
Issued & subscribed
Open charges
₹38.27 Cr
Satisfied ₹46.4 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
69
Provident fund records

About Goyal Petrofils Yarns Private Limited

Data last updated:

Goyal Petrofils Yarns Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 July 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24304PB2002PTC025279. Its GSTIN is 03AABCG6662J1ZM (Punjab).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.79 Cr. It is led by directors including Ritesh Goyal (Whole-Time Director) and Vinod Kumar Goyal.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Vill Meharbanrahon Road Ludhiana, Punjab, India – 141007.

As per the financials filed for FY 2025, the company reported a revenue of ₹107.96 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹83.92 Lakh (net margin 0.8%) and EBITDA of ₹4.96 Cr (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.

The company has about 69 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹38.27 Cr and satisfied charges of ₹46.4 Cr on record. Court records list 26 cases involving the company, including 22 filed by the company and 4 filed against it; 14 cases are pending.

Goyal Petrofils Yarns Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0013802). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goyalgroupindia.com.

Company details

CIN U24304PB2002PTC025279
Registration Number 025279
Incorporation Date 16 July 2002
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0013802
Key People
Ritesh Goyal Whole-Time Director Vinod Kumar Goyal Director Ranjana Goyal Director

Recognitions & Rankings of Goyal Petrofils Yarns

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-PB-12-0013802

Contact details

Goyal Petrofils Yarns Private Limited's registered office is in Ludhiana, Punjab. Its website is goyalgroupindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    goyalgroupindia.com
  • Registered Address
    Vill Meharbanrahon Road Ludhiana, Punjab, India – 141007
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Goyal Petrofils Yarns Private Limited, buy the company report.

Comprehensive company report
Goyal Petrofils Yarns 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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Business activity

The main business activities of Goyal Petrofils Yarns are manufacturing and trade. In detail, this covers textile, leather and other apparel products and retail 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
GTradeG2Retail Trading

To see the full business activity and turnover split of Goyal Petrofils Yarns Private Limited, buy the company report.

Financials of Goyal Petrofils Yarns Private Limited

FY 2024 filings available

Goyal Petrofils Yarns Private Limited reported revenue of ₹107.96 Cr (up 22% YoY) for FY 2025.

Revenue · FY 2025
₹107.96 Cr ▲ 22%
Net profit · FY 2025
₹83.92 Lakh margin 0.8%
EBITDA · FY 2025
₹4.96 Cr margin 4.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 1%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▼ 14%
5 years · compounded
▼ 12%

Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 18% 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₹4.96 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹83.92 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 Margin4.6%
Net Profit Margin0.8%
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 Goyal Petrofils Yarns Private Limited, buy the company report.

Board of directors of Goyal Petrofils Yarns Private Limited

Goyal Petrofils Yarns has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vinod Kumar GoyalDirector16 Jul 200224 Years 3 MonthsCurrent
Ranjana GoyalDirector16 Jul 200224 Years 3 MonthsCurrent
Ritesh GoyalWhole-Time Director01 May 20197 Years 6 MonthsCurrent
View all directors

Peer comparison

Goyal Petrofils Yarns Private Limited is compared with the 9 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
Titan Tex Fab Private Limited₹108.3 Cr (FY 2025)3.0%Bhilwara, Rajasthan, India
Raghuvir Cotton Ginning and Pressing Private Limited₹108.27 Cr (FY 2025)-34.0%Hadamtala, Gujarat, India
G.C. Fibres Limited₹108.19 Cr (FY 2025)-9.0%Solan, Himachal Pradesh, India
Partap Cotex Private Limited₹107.96 Cr (FY 2025)21.0%Ambala, Haryana, India
Goyal Petrofils Yarns Private Limitedthis company₹107.96 Cr (FY 2025)₹83.92 Lakh0.8%22.0%69Ludhiana, Punjab, India
Rajave Textiles Private Limited₹107.92 Cr (FY 2015)-8.0%Coimbatore, Tamil Nadu, India
National Fibres Private Limited₹107.7 Cr (FY 2025)49.0%Thane, Maharashtra, India
A One Textech Private Limited₹107.45 Cr (FY 2025)7.0%New Delhi, Delhi, India
Sausar Cotton Processing Private Limited₹107.21 Cr (FY 2025)-17.0%Nagpur, Maharashtra, India
Avgol India Private Limited₹107.1 Cr (FY 2025)-10.0%Bhopal, Madhya Pradesh, India

To see the full peer comparison of Goyal Petrofils Yarns Private Limited, buy the company report.

Auditor

Goyal Petrofils Yarns Private Limited is audited by Dass Khanna & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Dass Khanna & CoFY 2023000402N

Shareholding

The shareholding of Goyal Petrofils Yarns 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 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Goyal Petrofils Yarns Private Limited, buy the company report.

Charges & borrowings

Open charges
₹38.27 Cr
Satisfied charges
₹46.4 Cr
Breakdown by lending institutions
State Bank of India₹35.43 Cr
Sidbi₹2.84 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Mar 2023100701611Sidbi₹84.36 LakhOpen
29 Sep 2022100610090Sidbi₹2 CrOpen
10 Sep 2020100372411State Bank of India₹35.43 CrOpen
07 Aug 200810118998State Bank of India₹2 CrSatisfied
07 Nov 200710078743State Bank of India₹1.2 CrSatisfied

To see the full charge records of Goyal Petrofils Yarns Private Limited, buy the company report.

Total charge records: 18 View all charges

Credit ratings & regulatory alerts

Goyal Petrofils Yarns Private Limited was last rated by Care on 21 Jul 2022.

Rating agencyRated onRating
Care21 Jul 2022

To see the full credit ratings and regulatory alerts of Goyal Petrofils Yarns Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Goyal Petrofils Yarns Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Goyal Petrofils Yarns Private Limited has a workforce of 69 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.

Employee count
69
Active EPFO establishments
1
Employee growth
-35.51%

GST

Goyal Petrofils Yarns has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AABCG6662J1ZMPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Goyal Petrofils Yarns Private Limited, buy the company report.

Recent activity

Goyal Petrofils Yarns Private Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Ritesh Goyal was appointed as Whole-Time Director on 01 May 2019.

AGM
Goyal Petrofils Yarns Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Goyal Petrofils Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Sidbi amounted to Rs. 0.84 Cr with Charge ID 100701611 was registered on 24 Mar 2023.
Charges
A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 100610090 was registered on 29 Sep 2022.
Charges
A charge with State Bank Of India amounted to Rs. 35.43 Cr with Charge ID 100372411 was registered on 10 Sep 2020.
Charges
A charge registered on 26 Mar 2007 via Charge ID 10043711 with State Bank Of India was fully satisfied on 13 Aug 2020.
Charges
A charge registered on 05 Sep 2005 via Charge ID 80027249 with State Bank Of India was fully satisfied on 13 Aug 2020.
Charges
A charge with State Bank Of India of Rs. 32.37 Cr registered on 05 Sep 2005 with Charge ID 80027249 was modified on 19 Aug 2019.
Appointed
Ritesh Goyal was appointed as Whole-Time Director.
Ceased
Inderjit Goyal ceased to be Director.
Charges
A charge registered on 05 Sep 2005 via Charge ID 80027244 with State Bank Of India was fully satisfied on 18 Jul 2014.
Charges
A charge registered on 05 Sep 2005 via Charge ID 80027245 with State Bank Of India was fully satisfied on 18 Jul 2014.

31 earlier events are in the company report.

Frequently asked questions

Goyal Petrofils Yarns is an active private limited company based in Ludhiana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 July 2002 (24+ years old) and is registered under CIN U24304PB2002PTC025279.

Goyal Petrofils Yarns has 3 current directors:

The latest financial statements of Goyal Petrofils Yarns on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Goyal Petrofils Yarns is 03AABCG6662J1ZM, registered in Punjab.

The CIN (Corporate Identification Number) of Goyal Petrofils Yarns is U24304PB2002PTC025279. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Goyal Petrofils Yarns has 26 court cases on record: 22 filed by the company and 4 filed against it. 14 are pending. Most are in the district courts.

Goyal Petrofils Yarns was incorporated on 16 July 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Goyal Petrofils Yarns by revenue are Titan Tex Fab Private Limited, Raghuvir Cotton Ginning and Pressing Private Limited, G.C. Fibres Limited, Partap Cotex Private Limited, Rajave Textiles Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Ritesh Goyal was appointed as Whole-Time Director on 01 May 2019. Inderjit Goyal ceased to be Director on 12 Mar 2018. Ranjana Goyal was appointed as Director on 16 Jul 2002. Goyal Petrofils Yarns has 4 board changes on record in total.

Yes, Goyal Petrofils Yarns is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0013802).

Goyal Petrofils Yarns can be reached through the website goyalgroupindia.com. Its registered office is in Ludhiana, Punjab, India.