Kirti Polytex Private Limited
About Kirti Polytex Private Limited
Data last updated:
Kirti Polytex Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1996PTC101407. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Mahendra Shyambihari Agarwal and Purushottam Nandlal Khetan.
Its last annual general meeting (AGM) was held on 20 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 9 Devyani Co – Op.Society Ramwadi Behind Ice Factory Nawpada, Thane, Maharashtra, India – 400602.
As per the financials filed for FY 2020, the company reported a revenue of ₹17,420, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹7.25 Lakh and EBITDA of -₹7.14 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 75% over five years.
As per MCA filings, the company has satisfied charges of ₹4.11 Cr 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
CIN history
Kirti Polytex has one previous CIN (Corporate Identification Number): U99999MH1996PTC101407. The current CIN is U17100MH1996PTC101407, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100MH1996PTC101407 | Current |
| U99999MH1996PTC101407 | Previous |
Contact details
Kirti Polytex Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address9 Devyani Co – Op.Society Ramwadi Behind Ice Factory Nawpada, Thane, Maharashtra, India – 400602
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kirti 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 Kirti Polytex Private Limited
FY 2020 filings availableKirti Polytex Private Limited reported revenue of ₹17,420 (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years. EBITDA fell 141% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17,420 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.25 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Kirti Polytex Private Limited, buy the company report.
Board of directors of Kirti Polytex Private Limited
Kirti Polytex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Shyambihari Agarwal Also directs: Tuni Textile Mills Limited | Director | 17 Aug 2016 | 10 Years 2 Months | Current |
| Purushottam Nandlal Khetan Also directs: True Capital and Finance Private Limited | Director | 25 Jul 1996 | 30 Years 3 Months | Current |
Peer comparison
Kirti Polytex Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maven Cotspin Private Limited | ₹17,640 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Jij Apparels Private Limited | ₹17,500 (FY 2024) | New Delhi, Delhi, India | ||||
| Avacado Texfab Private Limited | ₹17,471 (FY 2025) | Shirpur, Maharashtra, India | ||||
| Custard Apple Cotex Private Limited | ₹17,471 (FY 2025) | Shirpur, Maharashtra, India | ||||
| Shivparas Yarns Private Limited | ₹17,421 (FY 2024) | -93.0% | Mumbai, Maharashtra, India | |||
| Kirti Polytex Private Limitedthis company | ₹17,420 (FY 2020) | -₹7.25 Lakh | -100.0% | Thane, Maharashtra, India | ||
| Longan Cotex Private Limited | ₹17,377 (FY 2025) | Shirpur, Maharashtra, India | ||||
| Aripio Fashion and Apparels Private Limited | ₹17,323 (FY 2023) | Delhi, India | ||||
| Radhadaya Knitting Industries Pvt Ltd | ₹17,322 (FY 2020) | -100.0% | Mumbai, Maharashtra, India | |||
| Brahmputra Knits & Exports Limited | ₹17,316 (FY 2025) | Ludhiana, Punjab, India | ||||
| Oxemberg Fashions Limited | ₹17,250 (FY 2024) | -50.0% | Thane, Maharashtra, India |
To see the full peer comparison of Kirti Polytex Private Limited, buy the company report.
Auditor
Kirti Polytex Private Limited is audited by D F CHORDIA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D F CHORDIA & CO | FY 2020 | 101915W |
Shareholding
The shareholding of Kirti Polytex Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kirti Polytex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2007 | 10082178 | The Cosmos Co-Operative Bank Ltd. | ₹20 Lakh | Satisfied | |
| 20 Dec 2007 | 10082175 | The Cosmos Co-Operative Bank Ltd. | ₹20 Lakh | Satisfied | |
| 03 Sep 2007 | 10068637 | The Cosmos Co.Op.Bank Ltd | ₹97 Lakh | Satisfied | |
| 29 Aug 2007 | 10068587 | The Cosmos Co.Op.Bank Ltd | ₹1.13 Cr | Satisfied | |
| 17 Jan 2006 | 90241733 | The Cosmos Co-Op Bank Ltd. | ₹2 Lakh | Satisfied |
To see the full charge records of Kirti Polytex Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Kirti Polytex Private Limited has 5 court cases on record: 5 filed by Kirti Polytex. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Cosmos Co-Operative Bank Ltd. | Disposed |
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed by the company against Union of India . | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (NMW) | Filed by the company against an individual | Disposed |
To see the full case history of Kirti Polytex 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kirti Polytex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kirti Polytex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kirti Polytex Private Limited, buy the company report.
Recent activity
Kirti Polytex Private Limited has 4 board changes on record since 1996: 2 appointments and 2 cessations. The latest: Kishangopal Nandlal Khetan ceased to be Director on 17 Aug 2016.
22 earlier events are in the company report.
Frequently asked questions
Kirti Polytex is an active private limited company based in Thane, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 July 1996 (30+ years old) and is registered under CIN U17100MH1996PTC101407.
Kirti Polytex has 2 current directors:
- Mahendra Shyambihari Agarwal - Director
- Purushottam Nandlal Khetan - Director
The latest financial statements of Kirti Polytex on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 20 December 2020. Year-wise statements from 2015 are in the company report.
No. Kirti Polytex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kirti Polytex is U17100MH1996PTC101407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kirti Polytex has 5 court cases on record: 5 filed by the company. Most are in the high courts.
Kirti Polytex was incorporated on 25 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kirti Polytex by revenue are Maven Cotspin Private Limited, Jij Apparels Private Limited, Avacado Texfab Private Limited, Custard Apple Cotex Private Limited, Shivparas Yarns Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Kishangopal Nandlal Khetan ceased to be Director on 17 Aug 2016. Mahendra Shyambihari Agarwal was appointed as Director on 17 Aug 2016. Kirttee Kishangopal Khaitan ceased to be Whole-Time Director on 01 Oct 2008. Kirti Polytex has 4 board changes on record in total.
The registered office of Kirti Polytex is at 9 Devyani Co – Op.Society Ramwadi Behind Ice Factory Nawpada, Thane, Maharashtra, India – 400602.
Kirti Polytex operates in the manufacturing industry, in the textile and fabric production segment.
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