About Gujarat Polyfilms Private Limited
Data last updated:
Gujarat Polyfilms Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17297GJ2004PTC044479. Its GSTIN is 24AACCG1761D1Z4 (Gujarat).
The company has an authorised share capital of ₹33 Cr and a paid-up capital of ₹29.27 Cr. It was formerly known as Gujarat Polyfilms Limited. It is led by directors including Ankur Harishkumar Patel and Rakesh Chaudhary.
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 Block No. 492 N.H. No. 8 Palsana, Surat, Gujarat, India – 394315.
As per the financials filed for FY 2023, the company reported a revenue of ₹477.69 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹16.15 Lakh (net margin 0%) and EBITDA of ₹23.9 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
The company has about 308 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Caplon. As per MCA filings, the company has open charges of ₹179.76 Cr and satisfied charges of ₹380.63 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website caplon.in.
Company details
Contact details
Gujarat Polyfilms Private Limited's registered office is in Surat, Gujarat. Its website is caplon.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No. 492 N.H. No. 8 Palsana, Surat, Gujarat, India – 394315
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Gujarat Polyfilms 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 Gujarat Polyfilms Private Limited
FY 2025 filings availableGujarat Polyfilms Private Limited reported revenue of ₹477.69 Cr (down 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹477.69 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.15 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Gujarat Polyfilms Private Limited, buy the company report.
Board of directors of Gujarat Polyfilms Private Limited
Gujarat Polyfilms has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankur Harishkumar Patel Also directs: T M Patel Industries Private Limited, Taplon Petrochemicals Private Limited, T.M.Patel Processing Private Limited and 2 more | Director | 19 Jul 2004 | 22 Years 3 Months | Current |
| Rakesh Chaudhary Also directs: T M Patel Industries Private Limited | Director | 14 Sep 2021 | 5 Years 1 Months | Current |
| Harishkumar Tribhovandas Patel Also directs: T M Patel Industries Private Limited, Taplon Petrochemicals Private Limited, T.M.Patel Processing Private Limited and 2 more | Director | 22 Jul 2004 | 22 Years 3 Months | Current |
Auditor
Gujarat Polyfilms Private Limited is audited by DSI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DSI & CO. | FY 2023 | 127226W |
Shareholding
The shareholding of Gujarat Polyfilms 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 category | FY 2023 | 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 Gujarat Polyfilms Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2024 | 100874842 | Sbicap Trustee Company Limited | ₹179.76 Cr | Open | |
| 25 Sep 2023 | 100782048 | Others | ₹4 Cr | Satisfied | |
| 22 Sep 2023 | 100787993 | State Bank of India | ₹24.88 Cr | Satisfied | |
| 29 Jun 2019 | 100276125 | Others | ₹3 Cr | Satisfied | |
| 13 Dec 2016 | 100070492 | Canara Bank | ₹2.6 Cr | Satisfied |
To see the full charge records of Gujarat Polyfilms Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Gujarat Polyfilms Private Limited has 8 court cases on record: 8 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 3 | 3 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Dakshin Gujarat Vij Company Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Vikash Jain Resolution Professional of Shreebhav Polyweaves Private Limited | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by Future General Insurance Co. Ltd. | Pending |
| High Court, GUJARAT | Appeal | Filed against the company by Future Generali Insurance Co. Ltd. | Pending |
| District court, SURAT, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
To see the full case history of Gujarat Polyfilms Private Limited, 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
Gujarat Polyfilms Private Limited was last rated by Brickwork on 26 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 26 Mar 2020 |
To see the full credit ratings and regulatory alerts of Gujarat Polyfilms Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gujarat Polyfilms Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gujarat Polyfilms Private Limited has a workforce of 308 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Gujarat Polyfilms has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCG1761D1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gujarat Polyfilms Private Limited, buy the company report.
Recent activity
Gujarat Polyfilms Private Limited has 9 board changes on record since 2004: 3 appointments and 6 cessations. The latest: Pramod Kumar Chaudhary ceased to be Director on 10 Aug 2022.
32 earlier events are in the company report.
Frequently asked questions
Gujarat Polyfilms is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 July 2004 (22+ years old) and is registered under CIN U17297GJ2004PTC044479.
Gujarat Polyfilms has 3 current directors:
- Ankur Harishkumar Patel - Director
- Rakesh Chaudhary - Director
- Harishkumar Tribhovandas Patel - Director
The latest financial statements of Gujarat Polyfilms 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 Gujarat Polyfilms is 24AACCG1761D1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Gujarat Polyfilms is U17297GJ2004PTC044479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gujarat Polyfilms has 8 court cases on record: 8 filed against it. 3 are pending. Most are in the district courts.
Gujarat Polyfilms was incorporated on 19 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pramod Kumar Chaudhary ceased to be Director on 10 Aug 2022. Rakesh Chaudhary was appointed as Director on 14 Sep 2021. Divyang Rajnikant Upadhyay ceased to be Director on 04 Feb 2020. Gujarat Polyfilms has 9 board changes on record in total.
Gujarat Polyfilms can be reached through the website caplon.in. Its registered office is in Surat, Gujarat, India.
The registered office of Gujarat Polyfilms is at Block No. 492 N.H. No. 8 Palsana, Surat, Gujarat, India – 394315.
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