MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0041411
M N Polytex Private Limited
M N Polytex Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹41.2 Cr
▼ 11% YoY
Net profit · FY 2025
₹5.9 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹1.49 Cr
EBITDA margin 3.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.96 Cr
Issued & subscribed
Open charges
₹7.75 Cr
Satisfied ₹17.2 Cr
Company age
29 yrs
Est. 1997
Directors on board
2
As per MCA filings
About M N Polytex Private Limited
Data last updated:
M N Polytex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1997PTC107173. Its GSTIN is 27AABCM4880E1ZH (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.96 Cr. It is led by directors Chiragkumar Pravinkumar Jain and Manishkumar Rameshchand Shah.
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 Unit No. 06/07 Peninsula Centre Dr. S.S. Rao Road Parel (East), Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.2 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹5.9 Lakh (net margin 0.1%) and EBITDA of ₹1.49 Cr (EBITDA margin 3.6%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹7.75 Cr and satisfied charges of ₹17.2 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending.
M N Polytex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0041411). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of M N Polytex Private Limited
CIN U17120MH1997PTC107173
Registration Number 107173
Incorporation Date 09 April 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0041411
Recognitions & Rankings of M N Polytex
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressUnit No. 06/07 Peninsula Centre Dr. S.S. Rao Road Parel (East), Mumbai, Maharashtra, India – 400012
- IndustryManufacturing, Textile & Fabric Production
Comprehensive company report
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Business Activity of M N Polytex Private Limited
The main business activity of M N Polytex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of M N Polytex Private Limited FY 2025 filings available
M N Polytex Private Limited reported revenue of ₹41.2 Cr (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹41.2 Cr ▼ 11%
Net profit · FY 2025
₹5.9 Lakh margin 0.1%
EBITDA · FY 2025
₹1.49 Cr margin 3.6%
Compounded Annual Growth Rate (CAGR) of M N Polytex Private Limited
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 9%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 5%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 11% fall in the latest year. EBITDA fell 1% 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 of M N Polytex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.9 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 of M N Polytex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of M N Polytex are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of M N Polytex Private Limited
M N Polytex has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chiragkumar Pravinkumar Jain | Director | 17 Sep 2014 | 12 Years 1 Months | Current |
| Manishkumar Rameshchand Shah | Director | 01 Mar 2008 | 18 Years 7 Months | Current |
Peer Comparison of M N Polytex Private Limited
M N Polytex Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manas Geo Tech India Private Limited | ₹41.23 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | New Delhi, Delhi, India |
| Padmavati Ginning and Pressing Private Limited | ₹41.22 Cr (FY 2017) | •••• | •••• | 30.0% | •••• | Shirpur, Maharashtra, India |
| Indo Slate Limited | ₹41.22 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | New Delhi, Delhi, India |
| Ronak Processors Private Limited | ₹41.21 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Bhilwara, Rajasthan, India |
| Gemini Dyeing and Printing Mills Private Limited | ₹41.21 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| M N Polytex Private Limited this company | ₹41.2 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Mukesh Trends Life Style Limited | ₹41.19 Cr (FY 2024) | •••• | •••• | -70.0% | •••• | Ahmedabad, Gujarat, India |
| Ranger Cotton Mills India Private Limited | ₹41.16 Cr (FY 2023) | •••• | •••• | -40.0% | •••• | Tirupur, Tamil Nadu, India |
| Vithai Weaves Private Limited | ₹41.15 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Jalgaon, Maharashtra, India |
| Kavinganga Weaving Mills Private Limited | ₹41.07 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Eriode, Vedasandur (Tk), Tamil Nadu, India |
| Adinath Fabrics Private Limited | ₹41.04 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Secunderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below M N Polytex by revenue in the Manufacturing industry (Textiles), 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 M N Polytex Private Limited
M N Polytex Private Limited is audited by I. G. JAIN & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| I. G. JAIN & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of M N Polytex Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of M N Polytex Private Limited
Open charges
₹7.75 Cr
Satisfied charges
₹17.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2020 | State Bank of India | ₹7.75 Cr | Open |
| 15 Sep 2014 | Ing Vysya Bank Limited | ₹9 Cr | Satisfied |
| 10 Apr 2008 | State Bank of India | ₹7.75 Cr | Satisfied |
| 22 Jun 2005 | Tamilnad Mercantile Bank Limited | ₹45 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of M N Polytex Private Limited
M N Polytex Private Limited has 5 court cases on record: 1 filed by M N Polytex, 4 filed against it. 1 case is pending and 4 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Total cases
5
Filed by the company
1
Filed against the company
4
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
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Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at M N Polytex Private Limited
Employment history and EPFO contributions of people linked to M N Polytex.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on M N Polytex Private Limited
M N Polytex Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Pravinkumar Juharmal Jain ceased to be Director on 28 Aug 2018.
AGM
M N Polytex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
M N Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 15 Sep 2014 via Charge ID 10524671 with Ing Vysya Bank Limited was fully satisfied on 29 Jul 2020.
Charges
A charge with State Bank Of India of Rs. 7.75 Cr registered on 09 Jan 2020 with Charge ID 100316365 was modified on 01 Jun 2020.
Charges
A charge with State Bank Of India amounted to Rs. 7.75 Cr with Charge ID 100316365 was registered on 09 Jan 2020.
Charges
A charge registered on 10 Apr 2008 via Charge ID 10111932 with State Bank Of India was fully satisfied on 27 Feb 2019.
Ceased
Pravinkumar Juharmal Jain ceased to be Director.
Ceased
Chiragkumar Pravinkumar Jain ceased to be Additional Director.
Appointed
Chiragkumar Pravinkumar Jain was appointed as Director.
Charges
A charge with Ing Vysya Bank Limited amounted to Rs. 9.00 Cr with Charge ID 10524671 was registered on 15 Sep 2014.
Ceased
Rameshchand Juharmal Shah ceased to be Director.
Ceased
Mukeshkumar Rameshchand Shah ceased to be Director.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for M N Polytex Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by M N Polytex Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of M N Polytex Private Limited
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Corporate group structure
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GST Compliance of M N Polytex Private Limited
M N Polytex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM4880E1ZH | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of M N Polytex Private Limited
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Frequently Asked Questions about M N Polytex Private Limited
M N Polytex is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 April 1997 (29+ years old) and is registered under CIN U17120MH1997PTC107173.
M N Polytex reported revenue of ₹41.2 Cr for FY 2025 (down 11% YoY).
M N Polytex has 2 current directors:
- Chiragkumar Pravinkumar Jain - Director
- Manishkumar Rameshchand Shah - Director
M N Polytex reported a net profit of ₹5.9 Lakh (net margin 0.1%) and EBITDA of ₹1.49 Cr (EBITDA margin 3.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of M N Polytex is -9% over three years and -2% over five years. In the latest year (FY 2025) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of M N Polytex is 27AABCM4880E1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of M N Polytex is U17120MH1997PTC107173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M N Polytex has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
M N Polytex was incorporated on 09 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of M N Polytex by revenue are Manas Geo Tech India Private Limited, Padmavati Ginning and Pressing Private Limited, Indo Slate Limited, Ronak Processors Private Limited, Gemini Dyeing and Printing Mills Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Pravinkumar Juharmal Jain ceased to be Director on 28 Aug 2018. Chiragkumar Pravinkumar Jain ceased to be Additional Director on 30 Sep 2015. Chiragkumar Pravinkumar Jain was appointed as Director on 17 Sep 2014. M N Polytex has 7 board changes on record in total.