Kumar Polycot Mills Limited
About Kumar Polycot Mills Limited
Data last updated:
Kumar Polycot Mills Limited is a public limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 February 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17115TZ1989PLC002342. Its GSTIN is 33AAACK9191K1Z8 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Gaurav Gautambhai Shah (Whole-Time Director) and Aarya Gaurav.
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 Coimbatore, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.23 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net profit of ₹5.35 Lakh (net margin 4.4%) and EBITDA of ₹8.04 Lakh (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 924% over three years and 14% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹4.09 Cr on record. Court records list 25 cases involving the company, including 18 filed by the company and 7 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kumar Polycot Mills Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 113 Ponnurangam Road West, R S Puram, Coimbatore, Tamil Nadu, India – 641002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kumar Polycot Mills 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
Business activity
The main business activity of Kumar Polycot Mills is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kumar Polycot Mills Limited, buy the company report.
Financials of Kumar Polycot Mills Limited
FY 2024 filings availableKumar Polycot Mills Limited reported revenue of ₹1.23 Cr (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 79% fall in the latest year. EBITDA fell 98% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.04 Lakh | ||||
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| Net Profit (PAT) | ₹5.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 4.4% | ||||
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To see the full financial statements and ratios of Kumar Polycot Mills Limited, buy the company report.
Board of directors of Kumar Polycot Mills Limited
Kumar Polycot Mills has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Gautambhai Shah | Whole-Time Director | 29 Sep 1995 | 31 Years 0 Months | Current |
| Aarya Gaurav | Director | 05 Apr 2024 | 2 Years 6 Months | Current |
| Shah Gaurav Arha | Director | 10 Jun 2024 | 2 Years 4 Months | Current |
| Jayshreeben Gautambhai Shah | Director | 15 May 1990 | 36 Years 5 Months | Current |
Auditor
Kumar Polycot Mills Limited is audited by A.S.JAYALAKSHMI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.S.JAYALAKSHMI & ASSOCIATES | FY 2022 | 001292S |
Shareholding
The shareholding of Kumar Polycot Mills 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 Kumar Polycot Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2014 | 10540365 | Tamilnadu Mercantile Bank Limited | ₹60 Lakh | Satisfied | |
| 04 Apr 1990 | 80015651 | Uco Bank | ₹3.49 Cr | Satisfied |
To see the full charge records of Kumar Polycot Mills Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Kumar Polycot Mills Limited has 25 court cases on record: 18 filed by Kumar Polycot Mills, 7 filed against it. 2 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 7 | 2 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (WVMP) | Filed against the company by individuals | Pending |
| Madras High Court | Court case (WPMP) | Filed against the company | Pending |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed by the company against individuals | Disposed |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Kumar Polycot Mills 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
Kumar Polycot Mills Limited has 3 MSME Form 1 returns on record between 2017 and 2019, listing 101 overdue payments to 36 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 36)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Franstek Belts Private Limited | |||
| Sagotharen | |||
| an individual supplier | |||
| an individual supplier | |||
| Sumanlal J Shah Sons Private Limited |
To see the full MSME payment records of Kumar Polycot Mills Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Kumar Polycot Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACK9191K1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kumar Polycot Mills Limited, buy the company report.
Recent activity
Kumar Polycot Mills Limited has 14 board changes on record since 1990: 4 appointments and 10 cessations. The latest: Aarya Gaurav ceased to be Additional Director on 29 Sep 2024.
10 earlier events are in the company report.
Frequently asked questions
Kumar Polycot Mills is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 February 1989 (37+ years old) and is registered under CIN U17115TZ1989PLC002342.
Kumar Polycot Mills has 4 current directors:
- Gaurav Gautambhai Shah - Whole-Time Director
- Aarya Gaurav - Director
- Shah Gaurav Arha - Director
- Jayshreeben Gautambhai Shah - Director
The latest financial statements of Kumar Polycot Mills 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 Kumar Polycot Mills is 33AAACK9191K1Z8, registered in Tamil Nadu. 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 Kumar Polycot Mills is U17115TZ1989PLC002342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kumar Polycot Mills has 25 court cases on record: 18 filed by the company and 7 filed against it. 2 are pending. Most are in the high courts.
Kumar Polycot Mills was incorporated on 02 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Coimbatore.
Aarya Gaurav ceased to be Additional Director on 29 Sep 2024. Shah Gaurav Arha ceased to be Additional Director on 29 Sep 2024. Shah Gaurav Arha was appointed as Director on 10 Jun 2024. Kumar Polycot Mills has 14 board changes on record in total.
Kumar Polycot Mills has 3 MSME Form 1 returns on record between 2017 and 2019, listing 101 overdue payments to 36 micro and small suppliers. The latest return was filed on 29 May 2019.
The registered office of Kumar Polycot Mills is at No 113 Ponnurangam Road West, R S Puram, Coimbatore, Tamil Nadu, India – 641002.
Kumar Polycot Mills operates in the manufacturing industry, in the textile and fabric production segment.