About Piotex Industries Limited
Data last updated: 15 July 2026
Piotex Industries Limited is a public limited company based in Pune, Maharashtra, India. It specialises in industrial machinery retail and distribution, a part of the broader machinery and industrial equipment sector. Incorporated on 24 October 2019, the company has been in operation for over 7 years.
Registered with ROC Pune under CIN U17299PN2019PLC187464. Listed.
Capital: an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹5.1 Cr. It is led by directors including Vijendra Kamalrao Deshmukh and Yogesh Omprakash Nimodiya.
Last AGM: 28 July 2025. Financial statements filed for year ended 31 March 2025. Office: F/Ii Block Plot No. 16/2 M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹90.21 Cr, a decline of 32.86% compared to the previous year. The net worth stands at ₹26.17 Cr (up 2.57% YoY). Total assets are valued at ₹29.84 Cr (down 6.99% YoY).
The company has a workforce of approximately 5 employees as per the latest available data.
As per MCA filings, the company has satisfied charges of ₹8.75 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piotex.in.
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Registered AddressF/Ii Block Plot No. 16/2 M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018
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IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Piotex Industries Limited
Piotex Industries Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17299PN2019PLC187464, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17299PN2019PLC187464 | Current |
| U17299PN2019PLC187464 | Previous |
| U17299PN2019PTC187464 | Previous |
Business Activity of Piotex Industries Limited
Piotex Industries Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for Piotex Industries Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Piotex Industries Limited
Piotex Industries Limited is audited by SVJK AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2026-11-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| SVJK AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2026-11-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Piotex Industries Limited
Piotex Industries Limited is currently managed by 5 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Vijendra Kamalrao Deshmukh
Also directs:
Piotex Industries Limited, Constrotech Associates Llp, Cta Constructions Llp and 1 more
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Director | 30 Jun 2025 | 1 Years 1 Months | Current |
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Yogesh Omprakash Nimodiya
Also directs:
Piotex Industries Limited, Adler Bizsol Llp, Piotex Ventures Private Limited and 1 more
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Director | 24 Oct 2019 | 6 Years 10 Months | Current |
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Abhay Shriram Asalkar
Also directs:
Piotex Industries Limited, Adler Bizsol Llp, Piotex Ventures Private Limited and 1 more
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Managing Director | 24 Oct 2019 | 6 Years 10 Months | Current |
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Sandeep Vitthalrao Deore
Also directs:
Piotex Industries Limited, Simoni Textile Private Limited, Aakarshan Tex Fab Private Limited and 3 more
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Director | 30 Nov 2021 | 4 Years 8 Months | Current |
| Bhavisha Kunal Chauhan | Director | 15 Sep 2023 | 2 Years 11 Months | Current |
Financials of Piotex Industries Limited FY 2026 filings available
Piotex Industries Limited reported revenue of ₹90.21 Cr (down 32.86% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Revenue from Operations | ₹90.21 Cr | ₹134.36 Cr |
| Other Income | ₹68.27 Lakh | ₹34.41 Lakh |
| Total Income | ₹90.89 Cr | ₹134.7 Cr |
| Cost of Materials Consumed | ₹0 | ₹1.32 Cr |
| Purchases of Stock-in-Trade | ₹88.44 Cr | ₹127.2 Cr |
| Changes in Inventories | -₹9.23 Lakh | -₹66.92 Lakh |
| Employee Benefit Expense | ₹64.21 Lakh | ₹93.8 Lakh |
| Finance Costs | ₹25.87 Lakh | ₹47.86 Lakh |
| Other Expenses | ₹72.12 Lakh | ₹91.56 Lakh |
| Total Expenses | ₹90 Cr | ₹130.21 Cr |
| Profit Before Tax | ₹88.54 Lakh | ₹4.49 Cr |
| Total Tax Expense | ₹22.93 Lakh | ₹1.13 Cr |
| Net Profit | ₹65.61 Lakh | ₹3.36 Cr |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Total Assets | ₹29.84 Cr | ₹32.08 Cr |
| Non-current Assets | ₹13.64 Cr | ₹3.29 Cr |
| Current Assets | ₹16.2 Cr | ₹28.8 Cr |
| Property, Plant & Equipment | ₹2.95 Cr | ₹9.78 Lakh |
| Inventories | ₹76.15 Lakh | ₹66.92 Lakh |
| Cash & Equivalents | ₹1.21 Cr | ₹19.39 Lakh |
| Equity (Net Worth) | ₹26.17 Cr | ₹25.51 Cr |
| Current Liabilities | ₹3.35 Cr | ₹6.47 Cr |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Operating Cash Flow | ₹9.88 Cr | -₹7.89 Cr |
| Investing Cash Flow | -₹6.47 Cr | -₹1.99 Cr |
| Financing Cash Flow | -₹2.39 Cr | ₹10.02 Cr |
| Capital Expenditure | ₹0 | ₹1.78 Lakh |
| Free Cash Flow (computed) | ₹9.88 Cr | -₹7.91 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | ₹1.02 Cr | ₹13.25 Lakh |
Charges & Borrowings of Piotex Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2022 | Tirupati Urban Co-Op. Bank Limited | ₹6.75 Cr | Satisfied |
| 11 Sep 2020 | Axis Bank Limited | ₹2 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Piotex Industries Limited
View historical data on people associated with Piotex Industries Limited, including employment history and EPFO contributions.
Employee and EPFO history for Piotex Industries Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Piotex Industries Limited
GST registrations and filing compliance for Piotex Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Piotex Industries Limited
Credit ratings, litigation, and regulatory alerts for Piotex Industries Limited
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- Rating history
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MSME Payment Delays by Piotex Industries Limited
MSME payment history for Piotex Industries Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Piotex Industries Limited
Corporate group structure for Piotex Industries Limited
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MCA Filings & Documents of Piotex Industries Limited
MCA filings and documents for Piotex Industries Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Annual returns and statements
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- Complete filing index
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Recent Activity on Piotex Industries Limited
Frequently Asked Questions about Piotex Industries Limited
Piotex Industries Limited is an active public limited company in the machinery and equipment sector based in Pune, Maharashtra, India. It was incorporated on 24 October 2019 (7+ years old) and is registered under CIN L17299PN2019PLC187464. The company has 5 employees.
Piotex Industries Limited reported revenue of ₹90.21 Cr for FY 2026 (down 32.86% YoY) based on standalone BSE filings.
The current directors of Piotex Industries Limited are:
- Vijendra Kamalrao Deshmukh - Director
- Yogesh Omprakash Nimodiya - Director
- Abhay Shriram Asalkar - Managing Director
- Sandeep Vitthalrao Deore - Director
- Bhavisha Kunal Chauhan - Director
The primary industry of Piotex Industries Limited is machinery and equipment. The company specifically operates in industrial machinery retail and distribution. The company is currently active in this sector.
Yes, Piotex Industries Limited is a listed company.
Piotex Industries Limited can be reached at the registered office: FIi Block Plot No. 162 M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018, or through the website piotex.in.