Mittal Polyfils Private Limited

Mittal Polyfils Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U17297GJ2007PTC051221 Incorporated 27 June 2007 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2023
₹9.53 Cr
▼ 23% YoY
Net profit · FY 2023
₹4.92 Lakh
Net margin 0.5%
EBITDA · FY 2023
₹1.68 Cr
EBITDA margin 17.7%
Authorised capital
₹55 Lakh
Registered with MCA
Paid-up capital
₹33.5 Lakh
Issued & subscribed
Open charges
₹11.48 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
7
Provident fund records

About Mittal Polyfils Private Limited

Data last updated:

Mittal Polyfils Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 June 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17297GJ2007PTC051221. Its GSTIN is 24AAFCM3692N1Z0 (Gujarat).

The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹33.5 Lakh. It is led by directors Prag Mittal and Anup Mittal.

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 Surat, Gujarat.

As per the financials filed for FY 2023, the company reported a revenue of ₹9.53 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹4.92 Lakh (net margin 0.5%) and EBITDA of ₹1.68 Cr (EBITDA margin 17.7%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 8% 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 ₹11.48 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

Mittal Polyfils Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0026715). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17297GJ2007PTC051221
Registration Number 051221
Incorporation Date 27 June 2007
ROC Ahmedabad
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-GJ-22-0026715

Recognitions & Rankings of Mittal Polyfils

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-22-0026715

Contact details

Mittal Polyfils Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Office No. 107 International Commerce Centre Building No B Nondh No. 1929/B/1/A/1 M, Ajura Gate, Surat, Gujarat, India – 395002
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Mittal Polyfils Private Limited, buy the company report.

Comprehensive company report
Mittal Polyfils 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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Financials of Mittal Polyfils Private Limited

FY 2024 filings available

Mittal Polyfils Private Limited reported revenue of ₹9.53 Cr (down 23% YoY) for FY 2023.

Revenue · FY 2023
₹9.53 Cr ▼ 23%
Net profit · FY 2023
₹4.92 Lakh margin 0.5%
EBITDA · FY 2023
₹1.68 Cr margin 17.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 5%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 16%
5 years · compounded
▼ 9%

Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 23% fall in the latest year. EBITDA fell 32% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹9.53 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.68 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.92 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin17.7%
Net Profit Margin0.5%
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

To see the full financial statements and ratios of Mittal Polyfils Private Limited, buy the company report.

Board of directors of Mittal Polyfils Private Limited

Mittal Polyfils has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prag MittalDirector27 Jun 200719 Years 4 MonthsCurrent
Anup MittalDirector27 Jun 200719 Years 4 MonthsCurrent

Auditor

Mittal Polyfils Private Limited is audited by PKMG & COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PKMG & COMPANYFY 20230129894W

Shareholding

The shareholding of Mittal Polyfils Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mittal Polyfils Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11.48 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹9.73 Cr
Oriental Bank of Commerce₹1.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Nov 2021100501213Others₹32 LakhOpen
08 Feb 2017100081468Others₹1.6 CrOpen
16 Nov 201010253561Oriental Bank of Commerce₹35.35 LakhOpen
06 Jan 200910139225Others₹5.31 CrOpen
05 Jan 200910139231Others₹2.5 CrOpen

To see the full charge records of Mittal Polyfils Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mittal Polyfils Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Mittal Polyfils Private Limited has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
7
Active EPFO establishments
1
Employee growth
-56.25%

GST

Mittal Polyfils has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCM3692N1Z0GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Mittal Polyfils Private Limited, buy the company report.

Recent activity

Mittal Polyfils Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Madan Lal Mittal ceased to be Director on 01 Nov 2023.

AGM
Mittal Polyfils Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mittal Polyfils Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Madan Lal Mittal ceased to be Director.
Ceased
Shilpa Mittal ceased to be Director.
Charges
A charge with Others of Rs. 531.00 Lakh registered on 06 Jan 2009 with Charge ID 10139225 was modified on 20 Nov 2021.
Charges
A charge with Others amounted to Rs. 32.00 Lakh with Charge ID 100501213 was registered on 16 Nov 2021.
Charges
A charge with Others amounted to Rs. 160.00 Lakh with Charge ID 100081468 was registered on 08 Feb 2017.
Charges
A charge with Others of Rs. 250.00 Lakh registered on 05 Jan 2009 with Charge ID 10139231 was modified on 08 Feb 2017.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 35.35 Lakh with Charge ID 10253561 was registered on 16 Nov 2010.
Charges
A charge with Others amounted to Rs. 531.00 Lakh with Charge ID 10139225 was registered on 06 Jan 2009.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 140.00 Lakh with Charge ID 10139222 was registered on 05 Jan 2009.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 10139231 was registered on 05 Jan 2009.

3 earlier events are in the company report.

Frequently asked questions

Mittal Polyfils is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 June 2007 (19+ years old) and is registered under CIN U17297GJ2007PTC051221.

Mittal Polyfils has 2 current directors:

The latest financial statements of Mittal Polyfils 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 Mittal Polyfils is 24AAFCM3692N1Z0, registered in Gujarat.

The CIN (Corporate Identification Number) of Mittal Polyfils is U17297GJ2007PTC051221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mittal Polyfils has 1 court case on record: 1 filed by the company. 1 is pending.

Mittal Polyfils was incorporated on 27 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Madan Lal Mittal ceased to be Director on 01 Nov 2023. Shilpa Mittal ceased to be Director on 01 Nov 2023. Anup Mittal was appointed as Director on 27 Jun 2007. Mittal Polyfils has 4 board changes on record in total.

Yes, Mittal Polyfils is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0026715).

The registered office of Mittal Polyfils is at Office No. 107 International Commerce Centre Building No B Nondh No. 1929B1A1 M, Ajura Gate, Surat, Gujarat, India – 395002.