About Piotex Textech Private Limited
Data last updated:
Piotex Textech Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29262PN2012PTC144785. Its GSTIN is 27AAGCP8120P1ZX (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹61.69 Lakh. It is led by directors Yogesh Omprakash Nimodiya (Whole-Time Director) and Abhay Shriram Asalkar (Whole-Time Director).
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 F/II Block Plot No. 16/2 M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018.
As per the financials filed for FY 2025, the company reported a revenue of ₹135.47 Cr. For the same year it recorded a net profit of ₹40.71 Lakh (net margin 0.3%) and EBITDA of ₹3.31 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 8% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Piotex. As per MCA filings, the company has open charges of ₹25.98 Cr and satisfied charges of ₹36.8 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 6 cases are pending.
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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressF/II Block Plot No. 16/2 M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018
- 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 Piotex Textech Private Limited
The main business activity of Piotex Textech is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| 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.
Financials of Piotex Textech Private Limited FY 2025 filings available
Piotex Textech Private Limited reported revenue of ₹135.47 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR) of Piotex Textech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years. 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 Piotex Textech 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 | ₹3.31 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.71 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 Piotex Textech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Piotex Textech 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.
Peer Comparison of Piotex Textech Private Limited
Piotex Textech 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 |
|---|---|---|---|---|---|---|
| Padam Shree Tex Feb Private Limited | ₹135.84 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Balotara, Rajasthan, India |
| Rakesh Fuel Pvt. Ltd. | ₹135.56 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Alpine Knits India Private Limited | ₹135.54 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Tirupur, Tamil Nadu, India |
| Pushpsons Fibrol Private Limited | ₹135.54 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Susheel Yarns Private Limited | ₹135.52 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Arjiya, Rajasthan, India |
| Piotex Textech Private Limited this company | ₹135.47 Cr (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Reynold Shirting Limited | ₹135.45 Cr (FY 2019) | •••• | •••• | -74.0% | •••• | Mumbai, Maharashtra, India |
| Stuti Processors Private Limited | ₹135.37 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Surat, Gujarat, India |
| Avi Ansh Textile Limited | ₹134.63 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Delhi, India |
| Jindal Specialty Textiles Limited | ₹134.6 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Ludhiana, Punjab, India |
| Shreedhar Spinners Limited | ₹134.43 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Piotex Textech 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 Piotex Textech Private Limited
Piotex Textech Private Limited is audited by Achyut Ekhe & Company for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Achyut Ekhe & Company | 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 Piotex Textech Private Limited
Piotex Textech 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 |
|---|---|---|---|---|
| Yogesh Omprakash Nimodiya | Whole-Time Director | 31 Mar 2014 | 12 Years 6 Months | Current |
| Abhay Shriram Asalkar | Whole-Time Director | 31 Mar 2014 | 12 Years 6 Months | Current |
Ownership and Shareholding of Piotex Textech 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 Piotex Textech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Apr 2023 | Axis Bank Limited | ₹25 Cr | Open |
| 22 Sep 2022 | Axis Bank Limited | ₹48.6 Lakh | Open |
| 22 Sep 2022 | Axis Bank Limited | ₹49.5 Lakh | Open |
| 08 Mar 2022 | Axis Bank Limited | ₹18 Cr | Satisfied |
| 11 Sep 2020 | Axis Bank Limited | ₹18 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Piotex Textech Private Limited
Piotex Textech Private Limited has 6 court cases on record: 6 filed by Piotex Textech. All cases are pending. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 4 |
| High courts | 2 | 0 | 2 |
Cases on record (3 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Central | Pending |
| Bombay High Court | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Central Circle 2(3) Andors | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Sankalp Textiles | Pending |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Piotex Textech Private Limited
Piotex Textech Private Limited has 4 MSME Form 1 returns on record between 2019 and 2024, listing 25 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 |
|---|---|---|---|
| National Sales Corporation | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Piotex Textech Private Limited
Piotex Textech Private Limited has a workforce of 1 employees as of Jan 26, 2026.
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 Piotex Textech Private Limited
Piotex Textech Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Abhay Shriram Asalkar ceased to be Additional Director on 30 Sep 2014.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Piotex Textech 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.
Subsidiaries & Group Companies of Piotex Textech 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 Piotex Textech Private Limited
Piotex Textech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP8120P1ZX | 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.
MCA Filings & Documents of Piotex Textech 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 Piotex Textech Private Limited
Piotex Textech is an active private limited company based in Pune, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 September 2012 (14+ years old) and is registered under CIN U29262PN2012PTC144785.
Piotex Textech reported revenue of ₹135.47 Cr for FY 2025.
Piotex Textech has 2 current directors:
- Yogesh Omprakash Nimodiya - Whole-Time Director
- Abhay Shriram Asalkar - Whole-Time Director
Piotex Textech reported a net profit of ₹40.71 Lakh (net margin 0.3%) and EBITDA of ₹3.31 Cr (EBITDA margin 2.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Piotex Textech is -38% over three years and 8% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Piotex Textech is 27AAGCP8120P1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Piotex Textech is U29262PN2012PTC144785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piotex Textech has 6 court cases on record: 6 filed by the company. 6 are pending. Most are in the district courts.
Piotex Textech was incorporated on 17 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Piotex Textech by revenue are Padam Shree Tex Feb Private Limited, Rakesh Fuel Pvt. Ltd, Alpine Knits India Private Limited, Pushpsons Fibrol Private Limited, Susheel Yarns Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Abhay Shriram Asalkar ceased to be Additional Director on 30 Sep 2014. Yogesh Omprakash Nimodiya ceased to be Additional Director on 30 Sep 2014. Abhay Shriram Asalkar was appointed as Whole-Time Director on 31 Mar 2014. Piotex Textech has 6 board changes on record in total.
Piotex Textech has 4 MSME Form 1 returns on record between 2019 and 2024, listing 25 overdue payments to 14 micro and small suppliers. The latest return was filed on 30 Apr 2024.