About Kshitij Polyline Limited
Data last updated:
Kshitij Polyline Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the office and school supplies segment of the education sector. It was incorporated on 26 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L25209MH2008PLC180484. Its GSTIN is 26AADCK3290N1Z6 (Dadra and Nagar Haveli and Daman and Diu). The company holds 2 GST registrations, of which 1 is active. Its shares are listed on NSE: KSHITIJPOL.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹30.85 Cr. It was formerly known as Kshitij Polyline Private Limited. It is led by directors including Vineeta Jain (Whole-Time Director) and Mahendra Kumar Jain.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 33 Dimple Arcade Basement Near Asha Nagar Kandivali (East) Off W E Highway Mumbai, Maharashtra, India – 400101.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹44.75 Cr, a growth of 6.8% compared to the previous year. For the same year it recorded a net profit of ₹3.86 Cr (net margin 8.6%) and EBITDA of ₹5.82 Cr (EBITDA margin 13%). The net worth stands at ₹63.05 Cr (up 71.7% YoY). Total assets are valued at ₹82.05 Cr (up 57.6% YoY).
The company has about 109 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: 123 Incredible India and kshitij Polyline. As per MCA filings, the company has open charges of ₹5.37 Cr and satisfied charges of ₹71.85 Cr on record. Court records list 17 cases involving the company, including 10 filed by the company and 6 filed against it; 10 cases are pending. The company has 182 deals on record (181 market trades, 1 ipo); the latest was in July 2026. Its 10 peer companies in the Education industry (Office and School Supplies) are compared by revenue, 5 larger and 5 smaller; the largest is Krishna Pens Private Limited with revenue of ₹45.92 Cr. The company has 16 MSME Form 1 returns on record between 2018 and 2024, listing 534 overdue payments to 77 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kshitijpolyline.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address33 Dimple Arcade Basement Near Asha Nagar Kandivali (East) Off W E Highway Mumbai, Maharashtra, India – 400101
- IndustryEducation, Office & School Supplies
- 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
- One PDF report, delivered after checkout
Business Activity of Kshitij Polyline Limited
The main business activity of Kshitij Polyline is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kshitij Polyline Limited FY 2025-26 filings available
Kshitij Polyline Limited reported revenue of ₹44.75 Cr (up 6.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 44.75 | 41.91 | 59.40 | 33.98 | 39.04 |
| Revenue growth | +6.8% | -29.4% | +74.8% | -13.0% | - |
| EBITDA | 5.82 | (6.59) | (1.10) | 3.40 | 3.75 |
| EBITDA margin | +13.0% | -15.7% | -1.9% | +10.0% | +9.6% |
| Profit before tax | 3.96 | (8.87) | 2.34 | 0.60 | 0.61 |
| Net profit | 3.86 | (6.85) | 1.60 | 0.36 | 0.40 |
| Net profit margin | +8.6% | -16.3% | +2.7% | +1.1% | +1.0% |
| EPS (₹) | 0.25 | (0.77) | 0.32 | 0.36 | 0.41 |
| Balance sheet | |||||
| Total assets | 82.05 | 52.06 | 66.43 | 44.51 | 35.68 |
| Net worth | 63.05 | 36.72 | 20.29 | 22.39 | 18.41 |
| Total debt | 18.78 | 15.06 | 45.82 | 21.85 | 17.27 |
| Cash & bank | 0.25 | 0.22 | 0.64 | 3.34 | 0.26 |
| Net working capital | 60.41 | 31.29 | 36.89 | 27.77 | 22.59 |
| Cash flow | |||||
| Cash from operations | (0.91) | (8.63) | (7.97) | (1.27) | 3.89 |
| Cash from investing | (27.38) | 15.57 | (12.32) | (4.51) | (2.55) |
| Cash from financing | 28.32 | (7.36) | 17.68 | 8.86 | (1.91) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.35 | 13.14 | 10.54 | 11.97 | 9.10 | 6.66 | 10.61 | 13.07 |
| Revenue growth (YoY) | +57.7% | +97.3% | -0.7% | -8.4% | -21.3% | - | - | - |
| Other income | 0.60 | 0.35 | 0.62 | 0.86 | 0.50 | 0.62 | 0.95 | 0.23 |
| EBITDA | 1.18 | 3.72 | 0.72 | 0.64 | 0.78 | (4.33) | (1.03) | (3.00) |
| EBITDA margin | +8.2% | +28.3% | +6.8% | +5.3% | +8.6% | -65.0% | -9.7% | -23.0% |
| Depreciation | 0.67 | 1.20 | 0.57 | 0.66 | 0.50 | 0.93 | 0.36 | 0.15 |
| Interest | 0.56 | 0.22 | 0.27 | 0.47 | 0.46 | 0.95 | 0.31 | 1.06 |
| Profit before tax | 0.55 | 2.65 | 0.50 | 0.37 | 0.32 | (5.59) | (0.75) | (3.98) |
| Tax | 0.00 | 0.42 | 0.00 | 0.00 | 0.00 | (0.17) | 0.00 | (0.08) |
| Net profit | 0.55 | 2.23 | 0.50 | 0.37 | 0.32 | (5.42) | (0.75) | (3.90) |
| EPS (₹) | 0.03 | 0.14 | 0.04 | 0.03 | 0.05 | (0.43) | (0.06) | (0.34) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 44.75 | 30.58 | 34.22 | 33.98 | 39.04 | 24.25 | 31.80 |
| Revenue growth | +46.3% | -10.6% | +0.7% | -13.0% | +61.0% | -23.7% | - |
| EBITDA | 5.86 | (7.37) | (3.33) | 3.40 | 3.75 | 2.92 | 3.53 |
| EBITDA margin | +13.1% | -24.1% | -9.7% | +10.0% | +9.6% | +12.0% | +11.1% |
| Profit before tax | 3.96 | (9.48) | (0.52) | 0.60 | 0.61 | 0.14 | 0.74 |
| Net profit | 3.54 | (9.31) | (0.57) | 0.36 | 0.40 | 0.00 | 0.53 |
| Net profit margin | +7.9% | -30.4% | -1.7% | +1.1% | +1.0% | 0.0% | +1.7% |
| EPS (₹) | 0.23 | (1.05) | (0.11) | 0.36 | 0.41 | 0.00 | 0.62 |
| Balance sheet | |||||||
| Total assets | 81.30 | 48.11 | 45.81 | 44.52 | 35.68 | 34.43 | 33.73 |
| Net worth | 62.74 | 33.38 | 18.12 | 22.38 | 18.41 | 18.00 | 17.99 |
| Total debt | 18.34 | 14.45 | 27.37 | 21.86 | 17.27 | 16.43 | 15.73 |
| Cash & bank | 0.24 | 0.22 | 0.10 | 3.24 | 0.26 | 0.83 | 0.47 |
| Net working capital | 59.88 | 30.59 | 27.91 | 27.68 | 22.59 | 22.49 | 22.41 |
| Cash flow | |||||||
| Cash from operations | (0.90) | (10.43) | (3.20) | (1.27) | 3.89 | 2.31 | 3.60 |
| Cash from investing | (27.39) | (0.21) | (2.12) | (4.51) | (2.55) | (1.78) | (2.77) |
| Cash from financing | 28.31 | 10.75 | 2.18 | 8.76 | (1.91) | (0.18) | (0.83) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.34 | 13.14 | 10.54 | 11.97 | 9.10 | 8.98 | 7.96 | 7.27 |
| Revenue growth (YoY) | +57.6% | +46.3% | +32.4% | +64.7% | +42.9% | - | - | - |
| Other income | 0.87 | 0.34 | 0.62 | 0.86 | 0.50 | 0.62 | 0.92 | 0.18 |
| Total expenses | 13.16 | 9.37 | 9.82 | 11.33 | 8.32 | 13.33 | 8.96 | 9.83 |
| EBITDA | 1.18 | 3.77 | 0.72 | 0.64 | 0.78 | (4.35) | (1.00) | (2.56) |
| EBITDA margin | +8.2% | +28.7% | +6.8% | +5.3% | +8.6% | -48.4% | -12.6% | -35.2% |
| Depreciation | 0.67 | 1.20 | 0.57 | 0.66 | 0.50 | 0.82 | 0.36 | 0.15 |
| Interest | 0.56 | 0.25 | 0.27 | 0.47 | 0.46 | 0.67 | 0.58 | 0.92 |
| Profit before tax | 0.82 | 2.66 | 0.50 | 0.37 | 0.32 | (5.22) | (1.02) | (3.45) |
| Tax | 0.00 | 0.42 | 0.00 | 0.00 | 0.00 | (0.17) | 0.00 | (0.08) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.35 | 13.14 | 10.54 | 11.97 | 9.10 | 6.66 | 10.61 | 13.07 |
| Revenue growth (YoY) | +57.7% | +97.3% | -0.7% | -8.4% | -21.3% | - | - | - |
| Other income | 0.60 | 0.35 | 0.62 | 0.86 | 0.50 | 0.62 | 0.95 | 0.23 |
| EBITDA | 1.18 | 3.72 | 0.72 | 0.64 | 0.78 | (4.33) | (1.03) | (3.00) |
| EBITDA margin | +8.2% | +28.3% | +6.8% | +5.3% | +8.6% | -65.0% | -9.7% | -23.0% |
| Depreciation | 0.67 | 1.20 | 0.57 | 0.66 | 0.50 | 0.93 | 0.36 | 0.15 |
| Interest | 0.56 | 0.22 | 0.27 | 0.47 | 0.46 | 0.95 | 0.31 | 1.06 |
| Profit before tax | 0.55 | 2.65 | 0.50 | 0.37 | 0.32 | (5.59) | (0.75) | (3.98) |
| Tax | 0.00 | 0.42 | 0.00 | 0.00 | 0.00 | (0.17) | 0.00 | (0.08) |
| Net profit | 0.55 | 2.23 | 0.50 | 0.37 | 0.32 | (5.42) | (0.75) | (3.90) |
| EPS (₹) | 0.03 | 0.14 | 0.04 | 0.03 | 0.05 | (0.43) | (0.06) | (0.34) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 44.75 | 41.91 | 59.40 | 33.98 | 39.04 |
| Revenue growth | +6.8% | -29.4% | +74.8% | -13.0% | - |
| Other income | 2.18 | 1.91 | 6.79 | 0.10 | 0.04 |
| Total expenses | 38.93 | 48.50 | 60.50 | 30.58 | 35.29 |
| Employee cost | 0.00 | 5.19 | 5.56 | 5.06 | 4.93 |
| EBITDA | 5.82 | (6.59) | (1.10) | 3.40 | 3.75 |
| EBITDA margin | +13.0% | -15.7% | -1.9% | +10.0% | +9.6% |
| Depreciation | 2.61 | 1.66 | 1.17 | 1.27 | 1.10 |
| Interest | 1.43 | 2.53 | 2.18 | 1.63 | 2.08 |
| Profit before tax | 3.96 | (8.87) | 2.34 | 0.60 | 0.61 |
| Tax | 0.42 | (0.17) | 0.74 | 0.24 | 0.21 |
| Net profit | 3.86 | (6.85) | 1.60 | 0.36 | 0.40 |
| Net profit margin | +8.6% | -16.3% | +2.7% | +1.1% | +1.0% |
| EPS (₹) | 0.25 | (0.77) | 0.32 | 0.36 | 0.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 30.85 | 17.80 | 10.13 | 10.13 | 10.13 |
| Reserves & surplus | 32.20 | 18.92 | 10.16 | 8.55 | 8.28 |
| Shareholders' funds (net worth) | 63.05 | 36.72 | 20.29 | 22.39 | 18.41 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 15.36 |
| Unsecured loans | 18.78 | 15.06 | 45.82 | 21.85 | 1.91 |
| Total debt | 18.78 | 15.06 | 45.82 | 21.85 | 17.27 |
| Total liabilities | 82.05 | 52.06 | 66.43 | 44.51 | 35.68 |
| Assets | |||||
| Gross block | 31.60 | 22.92 | 32.98 | 21.38 | 20.14 |
| Net block | 17.00 | 10.28 | 21.89 | 11.30 | 11.16 |
| Capital work in progress | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 |
| Investments | 2.49 | 5.46 | 0.00 | 0.00 | 0.00 |
| Inventories | 15.47 | 8.46 | 13.90 | 15.60 | 14.55 |
| Sundry debtors | 6.20 | 5.15 | 10.83 | 5.82 | 6.07 |
| Cash & bank balances | 0.25 | 0.22 | 0.64 | 3.34 | 0.26 |
| Loans & advances | 44.65 | 21.77 | 18.96 | 7.30 | 6.05 |
| Total current assets | 66.57 | 35.60 | 44.33 | 32.06 | 26.93 |
| Total current liabilities | 6.16 | 4.31 | 7.44 | 4.29 | 4.34 |
| Net working capital | 60.41 | 31.29 | 36.89 | 27.77 | 22.59 |
| Total assets | 82.05 | 52.06 | 66.43 | 44.51 | 35.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 0.22 | 0.64 | 3.24 | 0.26 | 0.83 |
| Net cash from operating activities | (0.91) | (8.63) | (7.97) | (1.27) | 3.89 |
| Net cash from investing activities | (27.38) | 15.57 | (12.32) | (4.51) | (2.55) |
| Net cash from financing activities | 28.32 | (7.36) | 17.68 | 8.86 | (1.91) |
| Net change in cash | 0.03 | (0.41) | (2.60) | 3.08 | (0.57) |
| Closing cash | 0.25 | 0.22 | 0.64 | 3.34 | 0.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +6.8% | -29.4% | +74.8% | -13.0% | - |
| EBITDA growth | +188.3% | -499.1% | -132.4% | -9.3% | - |
| PBT growth | +9998.0% | - | +290.0% | -1.6% | +9997.0% |
| Net income growth | +156.4% | -528.1% | +344.4% | -10.0% | - |
| Revenue CAGR (3Y) | +9.6% | +2.4% | - | - | - |
| EBITDA CAGR (3Y) | +19.6% | - | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +7.9% | -20.8% | +2.7% | +1.1% | +1.0% |
| Return on capital employed | - | 0.0% | +8.2% | +5.6% | +7.6% |
| Return on net worth | - | 0.0% | +7.5% | +1.8% | +2.3% |
| Debt / equity | - | 1.07 | 1.59 | 0.96 | 0.94 |
| Long-term debt / equity | - | 0.33 | 0.50 | 0.23 | 0.26 |
| Interest cover | 44.55 | -30.67 | -96.04 | 76.53 | 78.49 |
| Efficiency & per share | |||||
| Fixed asset turnover | - | 1.50 | 2.19 | 1.64 | 1.94 |
| Inventory turnover | - | 3.75 | 4.03 | 2.25 | 2.68 |
| Debtors turnover | - | 5.25 | 7.14 | 5.72 | 6.43 |
| EPS (₹) | 0.25 | (0.77) | 0.32 | 0.36 | 0.41 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 4.13 | 4.01 | 18.44 | 18.18 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.34 | 13.14 | 10.54 | 11.97 | 9.10 | 8.98 | 7.96 | 7.27 |
| Revenue growth (YoY) | +57.6% | +46.3% | +32.4% | +64.7% | +42.9% | - | - | - |
| Other income | 0.87 | 0.34 | 0.62 | 0.86 | 0.50 | 0.62 | 0.92 | 0.18 |
| Total expenses | 13.16 | 9.37 | 9.82 | 11.33 | 8.32 | 13.33 | 8.96 | 9.83 |
| EBITDA | 1.18 | 3.77 | 0.72 | 0.64 | 0.78 | (4.35) | (1.00) | (2.56) |
| EBITDA margin | +8.2% | +28.7% | +6.8% | +5.3% | +8.6% | -48.4% | -12.6% | -35.2% |
| Depreciation | 0.67 | 1.20 | 0.57 | 0.66 | 0.50 | 0.82 | 0.36 | 0.15 |
| Interest | 0.56 | 0.25 | 0.27 | 0.47 | 0.46 | 0.67 | 0.58 | 0.92 |
| Profit before tax | 0.82 | 2.66 | 0.50 | 0.37 | 0.32 | (5.22) | (1.02) | (3.45) |
| Tax | 0.00 | 0.42 | 0.00 | 0.00 | 0.00 | (0.17) | 0.00 | (0.08) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 44.75 | 30.58 | 34.22 | 33.98 | 39.04 | 24.25 | 31.80 |
| Revenue growth | +46.3% | -10.6% | +0.7% | -13.0% | +61.0% | -23.7% | - |
| Other income | 2.17 | 1.80 | 5.76 | 0.11 | 0.04 | 0.01 | 0.03 |
| Total expenses | 38.89 | 37.95 | 37.55 | 30.58 | 35.29 | 21.33 | 28.27 |
| Employee cost | 0.00 | 5.04 | 5.48 | 5.06 | 4.93 | 1.20 | 1.98 |
| EBITDA | 5.86 | (7.37) | (3.33) | 3.40 | 3.75 | 2.92 | 3.53 |
| EBITDA margin | +13.1% | -24.1% | -9.7% | +10.0% | +9.6% | +12.0% | +11.1% |
| Depreciation | 2.61 | 1.66 | 1.17 | 1.28 | 1.10 | 1.04 | 0.99 |
| Interest | 1.46 | 2.25 | 1.78 | 1.63 | 2.08 | 1.75 | 1.83 |
| Profit before tax | 3.96 | (9.48) | (0.52) | 0.60 | 0.61 | 0.14 | 0.74 |
| Tax | 0.42 | (0.17) | 0.05 | 0.24 | 0.21 | 0.14 | 0.21 |
| Net profit | 3.54 | (9.31) | (0.57) | 0.36 | 0.40 | 0.00 | 0.53 |
| Net profit margin | +7.9% | -30.4% | -1.7% | +1.1% | +1.0% | 0.0% | +1.7% |
| EPS (₹) | 0.23 | (1.05) | (0.11) | 0.36 | 0.41 | 0.00 | 0.62 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 30.85 | 17.80 | 10.13 | 10.13 | 10.13 | 8.68 | 8.68 |
| Reserves & surplus | 31.89 | 15.58 | 7.99 | 8.54 | 8.28 | 9.32 | 9.31 |
| Shareholders' funds (net worth) | 62.74 | 33.38 | 18.12 | 22.38 | 18.41 | 18.00 | 17.99 |
| Secured loans | 12.67 | 12.58 | 0.00 | 0.00 | 15.36 | 13.92 | 10.98 |
| Unsecured loans | 5.67 | 1.87 | 27.37 | 21.86 | 1.91 | 2.51 | 4.75 |
| Total debt | 18.34 | 14.45 | 27.37 | 21.86 | 17.27 | 16.43 | 15.73 |
| Total liabilities | 81.30 | 48.11 | 45.81 | 44.52 | 35.68 | 34.43 | 33.73 |
| Assets | |||||||
| Gross block | 31.60 | 22.92 | 21.46 | 21.39 | 20.14 | 18.41 | 17.45 |
| Net block | 17.00 | 10.28 | 10.37 | 11.30 | 11.16 | 10.52 | 10.60 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.27 | 2.22 | 2.22 | 0.10 | 0.00 | 0.00 | 0.00 |
| Inventories | 15.47 | 8.46 | 13.90 | 15.60 | 14.55 | 12.91 | 11.33 |
| Sundry debtors | 5.98 | 4.94 | 2.44 | 5.82 | 6.07 | 9.53 | 9.00 |
| Cash & bank balances | 0.24 | 0.22 | 0.10 | 3.24 | 0.26 | 0.83 | 0.47 |
| Loans & advances | 44.35 | 21.31 | 15.58 | 7.31 | 6.05 | 2.99 | 2.76 |
| Total current assets | 66.04 | 34.93 | 32.02 | 31.97 | 26.93 | 26.26 | 23.56 |
| Total current liabilities | 6.16 | 4.34 | 4.11 | 4.29 | 4.34 | 3.77 | 1.15 |
| Net working capital | 59.88 | 30.59 | 27.91 | 27.68 | 22.59 | 22.49 | 22.41 |
| Total assets | 81.30 | 48.11 | 45.81 | 44.52 | 35.68 | 34.43 | 33.73 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.22 | 0.10 | 3.24 | 0.26 | 0.83 | 0.47 | 0.47 |
| Net cash from operating activities | (0.90) | (10.43) | (3.20) | (1.27) | 3.89 | 2.31 | 3.60 |
| Net cash from investing activities | (27.39) | (0.21) | (2.12) | (4.51) | (2.55) | (1.78) | (2.77) |
| Net cash from financing activities | 28.31 | 10.75 | 2.18 | 8.76 | (1.91) | (0.18) | (0.83) |
| Net change in cash | 0.02 | 0.12 | (3.14) | 2.98 | (0.57) | 0.36 | 0.00 |
| Closing cash | 0.24 | 0.22 | 0.10 | 3.24 | 0.26 | 0.83 | 0.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +46.3% | -10.6% | +0.7% | -13.0% | +61.0% | -23.7% | - |
| EBITDA growth | +179.5% | -121.3% | -197.9% | -9.3% | +28.4% | -17.3% | - |
| PBT growth | +9998.0% | -1723.1% | - | -1.6% | +335.7% | -81.1% | -52.6% |
| Net income growth | +138.0% | -1533.3% | -258.3% | -10.0% | - | -100.0% | - |
| Revenue CAGR (3Y) | +9.6% | -7.8% | +12.2% | +2.2% | +2.9% | -3.7% | +23.6% |
| EBITDA CAGR (3Y) | +19.9% | - | - | -1.2% | -4.1% | -6.6% | +14.2% |
| Profitability & leverage | |||||||
| Net income margin | +7.9% | -30.4% | -1.7% | +1.1% | +1.0% | 0.0% | +1.7% |
| Return on capital employed | - | 0.0% | +2.8% | +5.6% | +7.7% | +5.6% | +7.9% |
| Return on net worth | - | 0.0% | -2.8% | +1.8% | +2.3% | 0.0% | +3.1% |
| Debt / equity | - | 0.81 | 1.22 | 0.96 | 0.93 | 0.89 | 0.84 |
| Long-term debt / equity | - | 0.05 | 0.15 | 0.23 | 0.26 | 0.23 | 0.19 |
| Interest cover | 44.92 | -24.92 | -39.56 | 76.89 | 78.49 | 93.09 | 72.05 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.38 | 1.60 | 1.64 | 2.03 | 1.35 | 2.16 |
| Inventory turnover | - | 2.74 | 2.32 | 2.25 | 2.84 | 2.00 | 3.03 |
| Debtors turnover | - | 8.29 | 8.29 | 5.72 | 5.01 | 2.62 | 3.39 |
| EPS (₹) | 0.23 | (1.05) | (0.11) | 0.36 | 0.41 | 0.00 | 0.62 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 3.75 | 3.58 | 18.43 | 18.18 | 20.73 | 20.73 |
Peer Comparison of Kshitij Polyline Limited
Kshitij Polyline Limited is compared with the companies closest to it by revenue in the Education industry (Office and School Supplies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishna Pens Private Limited | ₹45.92 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Nashik, Maharashtra, India |
| Lodha Offset Limited | ₹45.81 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Jodhpur, Rajasthan, India |
| Kshitij Polyline Limited this company | ₹44.75 Cr (FY 2026) | •••• | •••• | 6.8% | •••• | Mumbai, Maharashtra, India |
| Haryana Traders Pvt Ltd | ₹44.52 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| VLC Industries International India Limited | ₹44.4 Cr (FY 2024) | •••• | •••• | 236.0% | •••• | Nariman Point, Maharashtra, India |
| Flair Pen and Plastic (UK) Private Limited | ₹44.02 Cr (FY 2017) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Virinchi Publishers Private Limited | ₹43.68 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Andhra Pradesh, India |
| Century Continuous Stationery Private Limited | ₹42.75 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
| Kropex India Private Limited | ₹42.35 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Aamku Lifestyle Private Limited | ₹42.26 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Lucknow, Uttar Pradesh, India |
| Radex Stationery India Private Limited | ₹42.14 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Kshitij Polyline by revenue in the Education industry (Office and School Supplies), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kshitij Polyline Limited
Kshitij Polyline Limited is audited by VRCA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VRCA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Kshitij Polyline Limited
Kshitij Polyline has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Kumar Jain | Director | 14 Oct 2022 | 3 Years 11 Months | Current |
| Rushiraj Zaverbhai Patel Also directs: Ideal Technoplast Industries Limited, Gujarat Inject Kerala Ltd, Vasuki Global Industries Limited and 1 more | Director | 08 Feb 2018 | 8 Years 8 Months | Current |
| Rajesh Nandkishore Pherwani Also directs: Deep Diamond India Limited, Enrek Ventures Private Limited | Director | 06 May 2025 | 1 Years 5 Months | Current |
| Vineeta Jain Also directs: Kshitij E-Stores Ventures Private Limited | Whole-Time Director | 31 Jan 2024 | 2 Years 8 Months | Current |
| Mayur Jitendra Thakar | Director | 01 Jun 2023 | 3 Years 4 Months | Current |
| Ruhini Kumar Chakraborty | Director | 01 Jun 2023 | 3 Years 4 Months | Current |
Shareholding Pattern of Kshitij Polyline Limited
Shareholding for the quarter ended Sep 2026: promoters hold 0.00%, foreign institutional investors hold 0.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 99.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 100.00% | 100.00% | 100.00% | 100.00% |
Charges & Borrowings of Kshitij Polyline Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2025 | Others | ₹5 Cr | Open |
| 30 Jun 2018 | Others | ₹17.86 Lakh | Open |
| 29 Nov 2017 | Others | ₹19.46 Lakh | Open |
| 09 Mar 2022 | Tata Capital Financial Services Limited | ₹4.62 Lakh | Satisfied |
| 13 Jan 2022 | Axis Bank Limited | ₹1.21 Cr | Satisfied |
Total charge records: 35 View all charges
Deals & Funding of Kshitij Polyline Limited
Kshitij Polyline Limited has 182 deals on record (181 market trades, 1 ipo); the latest was in July 2026.
Deals on record (5 of 182)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Market trade | ₹3.15 Cr | Seller: Potential Electricals & Electronics Pvt.Ltd. |
| Jul 2026 | Market trade | ₹3.42 Cr | Buyer: Bhavishya Ecommerce Private Limited Seller: Potential Electricals & Electronics Pvt.Ltd. , Bhavishya Ecommerce Private Limited , an individual |
| Jun 2026 | Market trade | ₹7.08 Cr | Buyer: Bhavishya Ecommerce Private Limited Seller: 4 individuals |
| Jun 2026 | Market trade | ₹2.44 Cr | Buyer: Bhavishya Ecommerce Private Limited Seller: Bhavishya Ecommerce Private Limited |
| Jun 2026 | Market trade | ₹2.24 Cr | Buyer: Bhavishya Ecommerce Private Limited Seller: Bhavishya Ecommerce Private Limited |
Full deal history
All 182 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Kshitij Polyline Limited
Kshitij Polyline Limited has 17 court cases on record: 10 filed by Kshitij Polyline, 6 filed against it, 1 where it is another party. 10 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 0 | 5 |
| NCLAT | 6 | 6 | 5 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Nkgsb Cooperative Bank Ltd | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Nkgsb Cooperative Bank Ltd | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| District court, Silvassa, The Dadra And Nagar Haveli And Daman And Diu | Court case (Spl. Dark) | Filed by the company against an individual | Pending |
| District court, Silvassa, The Dadra And Nagar Haveli And Daman And Diu | Court case (Spl. Dark) | Filed by the company against an individual | Pending |
Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Kshitij Polyline Limited
Kshitij Polyline Limited has 16 MSME Form 1 returns on record between 2018 and 2024, listing 534 overdue payments to 77 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 77)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Omkar Plastics | •••• | •••• | •••• |
| Kevi Chem Colour Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Rangdhara Polymers | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 16 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Kshitij Polyline Limited
Kshitij Polyline operates two associated brands: 123 Incredible India and kshitij Polyline. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online news platform delivering timely content across various topics and categories. | 123incredibleindia.com | |
| Industrial and stationery products with lamination materials are manufactured. | kshitijpolyline.co.in |
Employees and EPFO Compliance at Kshitij Polyline Limited
Kshitij Polyline Limited has a workforce of 109 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Kshitij Polyline Limited
Kshitij Polyline has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Kshitij E-Stores Ventures Private Limited | U51909DN2023PTC005742 | - |
Showing major subsidiaries. Total: 1.
CIN History of Kshitij Polyline Limited
Kshitij Polyline has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L25209MH2008PLC180484, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25209MH2008PLC180484 | Current |
| U25209MH2008PLC180484 | Previous |
| U25209MH2008PTC180484 | Previous |
Recent Activity on Kshitij Polyline Limited
Kshitij Polyline Limited has 26 board changes on record since 2008: 16 appointments and 10 cessations. The latest: Rajesh Nandkishore Pherwani was appointed as Director on 06 May 2025.
90 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kshitij Polyline Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kshitij Polyline Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kshitij Polyline Limited
Kshitij Polyline has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AADCK3290N1Z6 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kshitij Polyline Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kshitij Polyline Limited
Kshitij Polyline is an active public limited company based in Mumbai, Maharashtra, India. The company works in office and school supplies, within the education industry. It was incorporated on 26 March 2008 (18+ years old) and is registered under CIN L25209MH2008PLC180484. Listed on NSE: KSHITIJPOL.
Kshitij Polyline reported revenue of ₹44.75 Cr for FY 2025-26 (up 6.8% YoY) based on consolidated financials.
Kshitij Polyline has 6 current directors:
- Vineeta Jain - Whole-Time Director
- Mahendra Kumar Jain - Director
- Rushiraj Zaverbhai Patel - Director
- Rajesh Nandkishore Pherwani - Director
- Mayur Jitendra Thakar - Director
- Ruhini Kumar Chakraborty - Director
The GSTIN of Kshitij Polyline is 26AADCK3290N1Z6, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kshitij Polyline is L25209MH2008PLC180484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Kshitij Polyline is listed on NSE with symbol KSHITIJPOL.
Kshitij Polyline has 17 court cases on record: 10 filed by the company and 6 filed against it. 10 are pending. Most are in the district courts.
Kshitij Polyline was incorporated on 26 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Kshitij Polyline has 182 deals on record (181 market trades, 1 ipo); the latest was in July 2026.
The peers of Kshitij Polyline by revenue are Krishna Pens Private Limited, Lodha Offset Limited, Haryana Traders Pvt Ltd, VLC Industries International India Limited, Flair Pen and Plastic (UK) Private Limited and 5 more, all in the Education industry (Office and School Supplies).
Rajesh Nandkishore Pherwani was appointed as Director on 06 May 2025. Manisha Chordia ceased to be Director on 06 Jan 2025. Vineeta Jain was appointed as Whole-Time Director on 31 Jan 2024. Kshitij Polyline has 26 board changes on record in total.
Kshitij Polyline has 16 MSME Form 1 returns on record between 2018 and 2024, listing 534 overdue payments to 77 micro and small suppliers. The latest return was filed on 30 Apr 2024.