- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0060870

Laxmi Polytex Private Limited
About Laxmi Polytex Private Limited
Data last updated:
Laxmi Polytex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1992PTC064806. Its GSTIN is 27AAACL1956D1ZQ (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74.86 Lakh. It is led by directors Shyam Sharma and Manojkumar Chhoturam Agarwal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹13 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹4.11 Cr (net margin -31.6%) and EBITDA of -₹4.04 Cr (EBITDA margin -31.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.47 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 3 cases are pending.
Laxmi Polytex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0060870). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Laxmi Polytex
Contact details
Laxmi Polytex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address269/ 5B Akshay Mittal Industrial Estate Mittal Estate Andheri Kurla Road Andhe, Ri East, Mumbai, Maharashtra, India – 400059
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Laxmi Polytex Private Limited, buy the company report.
- 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
Business activity
The main business activities of Laxmi Polytex are trade and manufacturing. In detail, this covers wholesale trading and textile, leather and other apparel products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Laxmi Polytex Private Limited, buy the company report.
Financials of Laxmi Polytex Private Limited
FY 2025 filings availableLaxmi Polytex Private Limited reported revenue of ₹13 Cr (down 63% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 63% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 305% 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 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 | -₹4.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.11 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -31.1% | ||||
| Net Profit Margin | -31.6% | ||||
| 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 Laxmi Polytex Private Limited, buy the company report.
Board of directors of Laxmi Polytex Private Limited
Laxmi Polytex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Sharma Also directs: Nandnandan Silk Mills Private Limited | Director | 29 Apr 2023 | 3 Years 5 Months | Current |
| Manojkumar Chhoturam Agarwal | Director | 29 Apr 2023 | 3 Years 5 Months | Current |
Auditor
Laxmi Polytex Private Limited is audited by Mohandas & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohandas & Co | FY 2023 | 031256 |
Shareholding
The shareholding of Laxmi Polytex 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laxmi Polytex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2021 | 100513477 | Others | ₹69.87 Lakh | Open | |
| 24 Sep 2021 | 100513273 | Others | ₹90.41 Lakh | Open | |
| 17 Jul 2020 | 100358289 | Others | ₹1.39 Cr | Open | |
| 28 Apr 2020 | 100337041 | Others | ₹70 Lakh | Open | |
| 17 Feb 2004 | 80034984 | Others | ₹7 Cr | Open |
To see the full charge records of Laxmi Polytex Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Laxmi Polytex Private Limited has 13 court cases on record: 9 filed by Laxmi Polytex, 4 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 1 | 2 |
| District courts | 4 | 3 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, RAJASTHAN | Appeal | Filed by the company against Ms. Vimal Vision Pvt. Ltd. and 1 other | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Central Bank of India | Disposed |
| District court, Silvassa, DNH at Silvasa | Court case (SPL. CASE COMPANIES ACT) | Filed against the company by an individual | Pending |
| High Court, RAJASTHAN | Appeal | Filed by the company against Ms. Swarnganga Textiles | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Central Bank of India | Disposed |
To see the full case history of Laxmi Polytex Private Limited, buy the company report.
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
Laxmi Polytex Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 30 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Lord & Taylor India Private Limited | |||
| Sancholi Silk Mills Private Limited | |||
| Brightstar Syntex Private Limited | |||
| Hayward Synthetics Pvt Ltd | |||
| Saajan Cotton Mills Pvt. Ltd. |
To see the full MSME payment records of Laxmi Polytex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Laxmi Polytex Private Limited has a workforce of 1 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Laxmi Polytex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL1956D1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Laxmi Polytex Private Limited, buy the company report.
Recent activity
Laxmi Polytex Private Limited has 6 board changes on record since 2023: 2 appointments and 4 cessations. The latest: Shyam Sharma ceased to be Director on 29 Dec 2024.
11 earlier events are in the company report.
Frequently asked questions
Laxmi Polytex is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 January 1992 (34+ years old) and is registered under CIN U17100MH1992PTC064806.
Laxmi Polytex has 2 current directors:
- Shyam Sharma - Director
- Manojkumar Chhoturam Agarwal - Director
The latest financial statements of Laxmi Polytex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Laxmi Polytex is 27AAACL1956D1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Laxmi Polytex is U17100MH1992PTC064806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Polytex has 13 court cases on record: 9 filed by the company and 4 filed against it. 3 are pending. Most are in the high courts.
Laxmi Polytex was incorporated on 10 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Shyam Sharma ceased to be Director on 29 Dec 2024. Madhu Manojkumar Agarwal ceased to be Director on 29 Apr 2023. Manojkumar Chhoturam Agarwal was appointed as Director on 29 Apr 2023. Laxmi Polytex has 6 board changes on record in total.
Yes, Laxmi Polytex is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0060870).
Laxmi Polytex has 12 MSME Form 1 returns on record between 2019 and 2023, listing 30 overdue payments to 14 micro and small suppliers. The latest return was filed on 18 Nov 2023.
The registered office of Laxmi Polytex is at 269 5B Akshay Mittal Industrial Estate Mittal Estate Andheri Kurla Road Andhe, Ri East, Mumbai, Maharashtra, India – 400059.