Marute Polyster Private Limited
About Marute Polyster Private Limited
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Marute Polyster 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 01 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17299RJ2017PTC057346. Its GSTIN is 08AAKCM8709P1ZL (Rajasthan).
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors including Rakesh Mandowara and Sunita Mandowara.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 244 Jajoo Bhawan Near Pratap Talkies, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.15 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹4.4 Lakh (net margin 3.8%) and EBITDA of ₹38.04 Lakh (EBITDA margin 33%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 1% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address244 Jajoo Bhawan Near Pratap Talkies, Bhilwara, Rajasthan, India – 311001
- 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
Business Activity of Marute Polyster Private Limited
The main business activity of Marute Polyster 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 |
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 Marute Polyster Private Limited FY 2024 filings available
Marute Polyster Private Limited reported revenue of ₹1.15 Cr (down 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Marute Polyster Private Limited
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 2% 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 Marute Polyster Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹38.04 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.4 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 Marute Polyster Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 Marute Polyster are in the company report.
Financial statements from FY 2017
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 Marute Polyster Private Limited
Marute Polyster 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 |
|---|---|---|---|---|---|---|
| Chinar (Kashmir) Textiles Private Limited. | ₹1.16 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Jammu and Kashmir, India |
| Eternal Design Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 101.0% | •••• | New Delhi, Delhi, India |
| True Value Garments Processors Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | -49.0% | •••• | Kolkata, West Bengal, India |
| Veena Linens Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Kanchipuram, Tamil Nadu, India |
| S.A.N. International Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 101.0% | •••• | New Delhi, Delhi, India |
| Marute Polyster Private Limited this company | ₹1.15 Cr (FY 2024) | •••• | •••• | -31.0% | •••• | Bhilwara, Rajasthan, India |
| Fido Lifestyle Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 155.0% | •••• | Navi Mumbai, Maharashtra, India |
| Akshay-Deep Textile Private Limited | ₹1.15 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Shrirampur, Maharashtra, India |
| Gyan Textiles Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Uttar Pradesh, India |
| Kajal Polymers and Plastics Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Navapur, Maharashtra, India |
| Aswini Looms Private Limited | ₹1.15 Cr (FY 2024) | •••• | •••• | 463.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Marute Polyster 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 Marute Polyster Private Limited
Marute Polyster Private Limited is audited by NENAWATI & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NENAWATI & 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 Marute Polyster Private Limited
Marute Polyster has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Mandowara | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Sunita Mandowara | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Shyam Lal Jajoo Also directs: Panchmukhi Polyster Private Limited | Director | 12 Jan 2018 | 8 Years 8 Months | Current |
| Sunita Jajoo Also directs: Panchmukhi Polyster Private Limited | Director | 12 Jan 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of Marute Polyster 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 Marute Polyster Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jun 2024 | Others | ₹87 Lakh | Open |
| 21 Jun 2024 | Others | ₹30 Lakh | Open |
| 21 Jun 2024 | Others | ₹30 Lakh | Open |
| 30 Jul 2020 | Others | ₹30 Lakh | Open |
| 17 Apr 2018 | United Bank of India | ₹1.83 Cr | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Marute Polyster Private Limited
Marute Polyster Private Limited has a workforce of 7 employees as of Apr 07, 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.
Recent Activity on Marute Polyster Private Limited
Marute Polyster Private Limited has 8 board changes on record since 2017: 4 appointments and 4 cessations. The latest: Dinesh Mandowara ceased to be Director on 12 Jan 2018.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Marute Polyster 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 Marute Polyster 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 Marute Polyster 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 Marute Polyster Private Limited
Marute Polyster has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAKCM8709P1ZL | Rajasthan | Active | 09 Aug 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 Marute Polyster 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 Marute Polyster Private Limited
Marute Polyster 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 01 March 2017 (9+ years old) and is registered under CIN U17299RJ2017PTC057346.
Marute Polyster reported revenue of ₹1.15 Cr for FY 2024 (down 31% YoY).
Marute Polyster has 4 current directors:
- Rakesh Mandowara - Director
- Sunita Mandowara - Director
- Shyam Lal Jajoo - Director
- Sunita Jajoo - Director
Marute Polyster reported a net profit of ₹4.4 Lakh (net margin 3.8%) and EBITDA of ₹38.04 Lakh (EBITDA margin 33%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Marute Polyster is -13% over three years and 1% over five years. In the latest year (FY 2024) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Marute Polyster is 08AAKCM8709P1ZL, registered in Rajasthan.
The CIN (Corporate Identification Number) of Marute Polyster is U17299RJ2017PTC057346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marute Polyster was incorporated on 01 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Marute Polyster by revenue are Chinar (Kashmir) Textiles Private Limited, Eternal Design Private Limited, True Value Garments Processors Private Limited, Veena Linens Private Limited, S.A.N. International Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Dinesh Mandowara ceased to be Director on 12 Jan 2018. Sanju Mandowara ceased to be Director on 12 Jan 2018. Shyam Lal Jajoo was appointed as Director on 12 Jan 2018. Marute Polyster has 8 board changes on record in total.
The registered office of Marute Polyster is at 244 Jajoo Bhawan Near Pratap Talkies, Bhilwara, Rajasthan, India – 311001.