About Mangal Polysacks Private Limited
Data last updated:
Mangal Polysacks Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25202MH2003PTC142857. Its GSTIN is 27AADCM7674C1ZD (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.96 Lakh. It is led by directors Mangala Subhash Badgujar and Chitrasen Subhash Gujar.
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 Plot No. B – 133 / 144 Stice Musalgaon Sinnar Shirdi Road Sinnar, Nashik, Maharashtra, India – 422112.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.12 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹17.83 Lakh (net margin 0.8%) and EBITDA of ₹1.1 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mangal Polysacks. As per MCA filings, the company has open charges of ₹6.52 Cr and satisfied charges of ₹10.37 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smitagroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. B – 133 / 144 Stice Musalgaon Sinnar Shirdi Road Sinnar, Nashik, Maharashtra, India – 422112
- IndustryManufacturing, Textile & Fabric Production, Plastic-Based Products
- 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 Mangal Polysacks Private Limited
The main business activity of Mangal Polysacks 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 Mangal Polysacks Private Limited FY 2025 filings available
Mangal Polysacks Private Limited reported revenue of ₹23.12 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mangal Polysacks Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 1% growth in the latest year. EBITDA rose 3% 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 Mangal Polysacks 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 | ₹1.1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.83 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 Mangal Polysacks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Mangal Polysacks are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mangal Polysacks Private Limited
Mangal Polysacks Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Textiles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Praveens Fab Creation India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Annur KPK Spinning Mills Private Limited | •••• | •••• | •••• | •••• | 34 | Coimbatore Dist, Tamil Nadu, India |
| NKC Fashion Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Tirumala Finetex Private Limited | •••• | •••• | •••• | •••• | 17 | Surat, Gujarat, India |
| Ahujas Web Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Mangal Polysacks Private Limited this company | •••• | •••• | •••• | •••• | - | Nashik, Maharashtra, India |
| Joginder Handloom Private Limited. | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Kalra Textile Mills Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Eku Plastic Innovation Private Limited | •••• | •••• | •••• | •••• | - | Meena Bazar, Patna, Bihar, India |
| Charchit Apparels Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Frisco Fab Dyeing and Printing Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mangal Polysacks by revenue in the Manufacturing industry (Plastic Based Products, Textiles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Mangal Polysacks Private Limited
Mangal Polysacks Private Limited is audited by A K N S & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A K N S & 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 Mangal Polysacks Private Limited
Mangal Polysacks 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 |
|---|---|---|---|---|
| Mangala Subhash Badgujar | Director | 24 Oct 2003 | 22 Years 11 Months | Current |
| Chitrasen Subhash Gujar Also directs: Mangalam Polyfibers Private Limited | Director | 10 Jan 2006 | 20 Years 8 Months | Current |
Ownership and Shareholding of Mangal Polysacks Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mangal Polysacks Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2024 | Sidbi | ₹84.91 Lakh | Open |
| 18 Aug 2022 | Others | ₹40 Lakh | Open |
| 15 Nov 2021 | Others | ₹99.4 Lakh | Open |
| 30 Aug 2019 | Others | ₹4.28 Cr | Open |
| 08 Jul 2020 | Others | ₹40 Lakh | Satisfied |
Total charge records: 13 View all charges
Legal Cases of Mangal Polysacks Private Limited
Mangal Polysacks Private Limited has 2 court cases on record: 2 filed by Mangal Polysacks. All cases are disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Ismt Limited | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Ismt Limited | Disposed |
Full case history
All 2 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 Mangal Polysacks Private Limited
Mangal Polysacks Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 41 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Perfect Belts Private Limited | •••• | •••• | •••• |
| Polmann India Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 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 Mangal Polysacks Private Limited
Mangal Polysacks operates one associated brand: Mangal Polysacks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of woven sacks and bags for industrial packaging in sectors like agriculture and chemicals. | smitagroup.com |
Employees and EPFO Compliance at Mangal Polysacks Private Limited
Mangal Polysacks Private Limited has a workforce of 27 employees as of Sep 25, 2025.
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.
Recent Activity on Mangal Polysacks Private Limited
Mangal Polysacks Private Limited has 8 board changes on record since 2003: 5 appointments and 3 cessations. The latest: Prabhakar Digambar Badgujar ceased to be Director on 22 May 2010.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mangal Polysacks Private 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 Mangal Polysacks Private 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 Mangal Polysacks Private Limited
Mangal Polysacks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM7674C1ZD | Maharashtra | 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 Mangal Polysacks Private 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 Mangal Polysacks Private Limited
Mangal Polysacks is an active private limited company based in Nashik, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 October 2003 (23+ years old) and is registered under CIN U25202MH2003PTC142857.
Mangal Polysacks reported revenue of ₹23.12 Cr for FY 2025 (up 1% YoY).
Mangal Polysacks has 2 current directors:
- Mangala Subhash Badgujar - Director
- Chitrasen Subhash Gujar - Director
Mangal Polysacks reported a net profit of ₹17.83 Lakh (net margin 0.8%) and EBITDA of ₹1.1 Cr (EBITDA margin 4.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mangal Polysacks is -6% over three years and 2% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mangal Polysacks is 27AADCM7674C1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mangal Polysacks is U25202MH2003PTC142857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangal Polysacks has 2 court cases on record: 2 filed by the company.
Mangal Polysacks was incorporated on 24 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mangal Polysacks by revenue are Praveens Fab Creation India Private Limited, Annur KPK Spinning Mills Private Limited, NKC Fashion Private Limited, Tirumala Finetex Private Limited, Ahujas Web Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products, Textiles).
Prabhakar Digambar Badgujar ceased to be Director on 22 May 2010. Sunita Prabhakar Badgujar ceased to be Director on 22 May 2010. Satish Digambar Badgujar ceased to be Director on 08 Jan 2009. Mangal Polysacks has 8 board changes on record in total.
Mangal Polysacks has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 41 overdue payments to 8 micro and small suppliers. The latest return was filed on 02 Jun 2019.