Marudhar Polycot (India) Private Limited.
About Marudhar Polycot (India) Private Limited.
Data last updated:
Marudhar Polycot (India) Private Limited. is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17111GJ2002PTC078253. Its GSTIN is 24AADCM8286G1Z9 (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors including Gautam Chand Amichand Salecha (Managing Director) and Anand Bhanwarlal Khatang.
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 406 Dwarkesh Complex Opp. Patel Vas Mithakhali, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹109.37 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.66 Cr (net margin 1.5%) and EBITDA of ₹2.99 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹51.91 Cr and satisfied charges of ₹23.36 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address406 Dwarkesh Complex Opp. Patel Vas Mithakhali, Ahmedabad, Gujarat, India – 380006
- IndustryManufacturing, Textile & Fabric Production
- 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
CIN History of Marudhar Polycot (India) Private Limited.
Marudhar Polycot (India) Private Limited has one previous CIN (Corporate Identification Number): U17111MH2002PTC135846. The current CIN is U17111GJ2002PTC078253, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111GJ2002PTC078253 | Current |
| U17111MH2002PTC135846 | Previous |
Business Activity of Marudhar Polycot (India) Private Limited.
The main business activities of Marudhar Polycot (India) Private Limited are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.
| 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 |
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Marudhar Polycot (India) Private Limited.
Marudhar Polycot (India) Private Limited. is audited by Jain Bothra & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jain Bothra & 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 Marudhar Polycot (India) Private Limited.
Marudhar Polycot (India) Private Limited has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Chand Amichand Salecha Also directs: Marudhar Spinning and Weaving Milis Private Limited | Managing Director | 31 Mar 2004 | 22 Years 6 Months | Current |
| Anand Bhanwarlal Khatang | Director | 25 Jun 2018 | 8 Years 3 Months | Current |
| Pushpa Gautam Salecha Also directs: Marudhar Spinning and Weaving Milis Private Limited | Director | 04 Sep 2009 | 17 Years 1 Months | Current |
Financials of Marudhar Polycot (India) Private Limited. FY 2025 filings available
Marudhar Polycot (India) Private Limited. reported revenue of ₹109.37 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Marudhar Polycot (India) Private Limited.
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 11% growth in the latest year. EBITDA fell 13% 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 Marudhar Polycot (India) 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 | ₹2.99 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.66 Cr | •••• | •••• | •••• | •••• |
| 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 Marudhar Polycot (India) Private Limited.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Marudhar Polycot (India) Private Limited 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.
Ownership and Shareholding of Marudhar Polycot (India) 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 Marudhar Polycot (India) Private Limited.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2023 | Axis Bank Limited | ₹46.91 Cr | Open |
| 30 Jul 2010 | Hdfc Bank Limited | ₹5 Cr | Open |
| 24 Nov 2005 | State Bank of Bikaner & Jaipur | ₹23.36 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Marudhar Polycot (India) Private Limited.
Marudhar Polycot (India) Private Limited. has a workforce of 8 employees as of Apr 08, 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.
GST Compliance of Marudhar Polycot (India) Private Limited.
Marudhar Polycot (India) Private Limited has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM8286G1Z9 | Gujarat | Active | 10 Jan 2020 |
| 08AADCM8286G1Z3 | Rajasthan | Active | 01 Jul 2017 |
| 27AADCM8286G1Z3 | 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.
Credit Ratings, Litigation & Regulatory Alerts for Marudhar Polycot (India) 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.
MSME Payment Delays by Marudhar Polycot (India) Private Limited.
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Marudhar Polycot (India) 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.
MCA Filings & Documents of Marudhar Polycot (India) 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.
Recent Activity on Marudhar Polycot (India) Private Limited.
Frequently Asked Questions about Marudhar Polycot (India) Private Limited.
Marudhar Polycot (India) Private Limited is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 May 2002 (24+ years old) and is registered under CIN U17111GJ2002PTC078253.
Marudhar Polycot (India) Private Limited reported revenue of ₹109.37 Cr for FY 2025 (up 11% YoY).
Marudhar Polycot (India) Private Limited has 3 current directors:
- Gautam Chand Amichand Salecha - Managing Director
- Anand Bhanwarlal Khatang - Director
- Pushpa Gautam Salecha - Director
Marudhar Polycot (India) Private Limited reported a net profit of ₹1.66 Cr (net margin 1.5%) and EBITDA of ₹2.99 Cr (EBITDA margin 2.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Marudhar Polycot (India) Private Limited is -8% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Marudhar Polycot (India) Private Limited is 24AADCM8286G1Z9, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 08AADCM8286G1Z3 (Rajasthan), 27AADCM8286G1Z3 (Maharashtra).
The CIN (Corporate Identification Number) of Marudhar Polycot (India) Private Limited is U17111GJ2002PTC078253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marudhar Polycot (India) Private Limited was incorporated on 10 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Marudhar Polycot (India) Private Limited is at 406 Dwarkesh Complex Opp. Patel Vas Mithakhali, Ahmedabad, Gujarat, India – 380006.