MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-RJ-07-0004957
Mahaveer Polytex Private Limited - manufacturing in Bhilwara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.36 Cr
▼ 31% YoY
Net profit · FY 2024
₹3.01 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹64.91 Lakh
EBITDA margin 14.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹94.5 Lakh
Issued & subscribed
Open charges
₹3.5 Cr
Satisfied ₹21.63 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
27
Provident fund records
About Mahaveer Polytex Private Limited
Data last updated:
Mahaveer Polytex Private Limited is a private limited company based in Bhilwara, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 June 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U19201RJ1993PTC007502. Its GSTIN is 08AAACM9588L1ZO (Rajasthan).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹94.5 Lakh. It is led by directors Seema Jain and Jambu Kumar Jain.
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 Plot No. – 5 Opp RIICO Area Pur Road, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.36 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹3.01 Lakh (net margin 0.7%) and EBITDA of ₹64.91 Lakh (EBITDA margin 14.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 15% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹21.63 Cr on record.
Mahaveer Polytex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-07-0004957). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahaveerpolytex.com.
Company details
CIN U19201RJ1993PTC007502
Registration Number 007502
Incorporation Date 28 June 1993
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-07-0004957
Key People
Seema Jain Director Jambu Kumar Jain Director Recognitions & Rankings of Mahaveer Polytex
Contact details
Mahaveer Polytex Private Limited's registered office is in Bhilwara, Rajasthan. Its website is mahaveerpolytex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. – 5 Opp RIICO Area Pur Road, Bhilwara, Rajasthan, India – 311001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mahaveer Polytex Private Limited, buy the company report.
Comprehensive company report
Mahaveer Polytex Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Mahaveer Polytex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Mahaveer Polytex Private Limited, buy the company report.
Financials of Mahaveer Polytex Private Limited
FY 2024 filings availableMahaveer Polytex Private Limited reported revenue of ₹4.36 Cr (down 31% YoY) for FY 2024.
Revenue · FY 2024
₹4.36 Cr ▼ 31%
Net profit · FY 2024
₹3.01 Lakh margin 0.7%
EBITDA · FY 2024
₹64.91 Lakh margin 14.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 7%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 1%
5 years · compounded
▲ 3%
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 31% fall in the latest year. EBITDA fell 15% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹64.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.01 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mahaveer Polytex Private Limited, buy the company report.
Board of directors of Mahaveer Polytex Private Limited
Mahaveer Polytex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seema Jain | Director | 28 Jun 1993 | 33 Years 3 Months | Current |
| Jambu Kumar Jain | Director | 30 Sep 1998 | 28 Years 0 Months | Current |
Peer comparison
Mahaveer Polytex Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deshna Textiles Private Limited | ₹4.36 Cr (FY 2025) | 35.0% | Ratlam, Madhya Pradesh, India | |||
| Navyandra Cottons Private Limited | ₹4.36 Cr (FY 2016) | Guntur, Andhra Pradesh, India | ||||
| Mahaveer Polytex Private Limitedthis company | ₹4.36 Cr (FY 2024) | ₹3.01 Lakh | 0.7% | -31.0% | 27 | Bhilwara, Rajasthan, India |
| M.K. Fabrics Private Limited | ₹4.35 Cr (FY 2024) | 8.0% | Bhilwara, Rajasthan, India | |||
| Black Sea Creation Private Limited | ₹4.34 Cr (FY 2025) | -4.0% | Howrah, West Bengal, India | |||
| Sree Abirami Textiles Private Limited | ₹4.33 Cr (FY 2025) | 63.0% | Madurai, Tamil Nadu, India |
To see the full peer comparison of Mahaveer Polytex Private Limited, buy the company report.
Auditor
Mahaveer Polytex Private Limited is audited by A. K. KASLIWAL & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. K. KASLIWAL & CO. | FY 2022 | 072947 |
Shareholding
The shareholding of Mahaveer Polytex Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahaveer Polytex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.5 Cr
Satisfied charges
₹21.63 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2025 | 101046388 | Others | ₹3.5 Cr | Open | |
| 02 Nov 2018 | 100225574 | Hdfc Bank Limited | ₹4.78 Cr | Satisfied | |
| 05 Jun 2006 | 10057784 | Oriental Bank of Commerce | ₹7.1 Cr | Satisfied | |
| 23 Sep 2004 | 90074194 | Oriental Bank of Commerce | ₹90 Lakh | Satisfied | |
| 14 Jul 2003 | 90074082 | Oriental Bank of Commerce | ₹3 Cr | Satisfied |
To see the full charge records of Mahaveer Polytex Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Mahaveer Polytex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahaveer Polytex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahaveer Polytex Private Limited has a workforce of 27 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
27
Active EPFO establishments
1
Employee growth
-32.5%
GST
Mahaveer Polytex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACM9588L1ZO | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahaveer Polytex Private Limited, buy the company report.
Recent activity
Mahaveer Polytex Private Limited has 5 board changes on record since 1993: 2 appointments and 3 cessations. The latest: Ajit Kumar Jain ceased to be Director on 15 Mar 2017.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 101046388 was registered on 20 Jan 2025.
Charges
A charge registered on 02 Nov 2018 via Charge ID 100225574 with Hdfc Bank Limited was fully satisfied on 18 Jan 2025.
AGM
Mahaveer Polytex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mahaveer Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Charges
A charge with Hdfc Bank Limited of Rs. 4.78 Cr registered on 02 Nov 2018 with Charge ID 100225574 was modified on 30 Apr 2022.
Charges
A charge registered on 23 Sep 2004 via Charge ID 90074194 with Oriental Bank Of Commerce was fully satisfied on 28 Nov 2018.
Charges
A charge registered on 14 Jul 2003 via Charge ID 90074082 with Oriental Bank Of Commerce was fully satisfied on 28 Nov 2018.
Charges
A charge registered on 14 Jul 2003 via Charge ID 90075272 with Oriental Bank Of Commerce was fully satisfied on 28 Nov 2018.
Charges
A charge registered on 22 Mar 1996 via Charge ID 90074704 with Others was fully satisfied on 28 Nov 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.78 Cr with Charge ID 100225574 was registered on 02 Nov 2018.
Ceased
Ajit Kumar Jain ceased to be Director.
Charges
A charge with Others of Rs. 5.50 Cr registered on 22 Mar 1996 with Charge ID 90074704 was modified on 06 Feb 2017.
12 earlier events are in the company report.
Frequently asked questions
Mahaveer Polytex is an active private limited company based in Bhilwara, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 June 1993 (33+ years old) and is registered under CIN U19201RJ1993PTC007502.
Mahaveer Polytex has 2 current directors:
- Seema Jain - Director
- Jambu Kumar Jain - Director
The latest financial statements of Mahaveer Polytex 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 Mahaveer Polytex is 08AAACM9588L1ZO, registered in Rajasthan.
The CIN (Corporate Identification Number) of Mahaveer Polytex is U19201RJ1993PTC007502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahaveer Polytex was incorporated on 28 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Mahaveer Polytex by revenue are Deshna Textiles Private Limited, Navyandra Cottons Private Limited, M.K. Fabrics Private Limited, Black Sea Creation Private Limited, Sree Abirami Textiles Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ajit Kumar Jain ceased to be Director on 15 Mar 2017. Pradeep Kumar Jain ceased to be Director on 27 Mar 2014. Neelu Jain ceased to be Director on 20 Feb 2008. Mahaveer Polytex has 5 board changes on record in total.
Yes, Mahaveer Polytex is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-07-0004957).
Mahaveer Polytex can be reached through the website mahaveerpolytex.com. Its registered office is in Bhilwara, Rajasthan, India.
The registered office of Mahaveer Polytex is at Plot No. – 5 Opp RIICO Area Pur Road, Bhilwara, Rajasthan, India – 311001.