About PNP Polytex Private Limited
Data last updated:
PNP Polytex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 22 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2000PTC129704. Its GSTIN is 27AACCP1396H1ZA (Maharashtra). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹4.51 Cr. It is led by directors Pawan Kumar Kaushik and Raj Kaushik.
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 ₹139.32 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Cr (net margin 0.9%) and EBITDA of ₹9.11 Cr (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 11% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹258.43 Cr and satisfied charges of ₹288.73 Cr on record. Court records list 41 cases involving the company, including 33 filed by the company and 8 filed against it; 8 cases are pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹27.15 Cr; the latest was in March 2024. Its 10 peer companies in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Winzai Apparel Private Limited with revenue of ₹142.13 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 44 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pnpind.com.
Company details
Contact details
PNP Polytex Private Limited's registered office is in Mumbai, Maharashtra. Its website is pnpind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 601 – 07 Mangalaarambh Kora Kendra Near Mac Donald Borivali, ( West), Mumbai, Maharashtra, India – 400092
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of PNP 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 activity of PNP Polytex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of PNP Polytex Private Limited, buy the company report.
Financials of PNP Polytex Private Limited
FY 2025 filings availablePNP Polytex Private Limited reported revenue of ₹139.32 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 46% 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 | ₹9.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.26 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 | 6.5% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 PNP Polytex Private Limited, buy the company report.
Board of directors of PNP Polytex Private Limited
PNP Polytex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Kaushik Also directs: PNP Industries Private Limited, PNP Polymers Private Limited | Director | 22 Nov 2000 | 25 Years 11 Months | Current |
| Raj Kaushik | Director | 22 Nov 2000 | 25 Years 11 Months | Current |
Peer comparison
PNP Polytex Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Winzai Apparel Private Limited | ₹142.13 Cr (FY 2024) | 16.0% | Kanpur, Uttar Pradesh, India | |||
| Urmila Silks Private Limited | ₹141.94 Cr (FY 2025) | 0.0% | Bengaluru, Karnataka, India | |||
| Batra Yarns Pvt Ltd | ₹140.44 Cr (FY 2025) | 22.0% | Panipat, Haryana, India | |||
| Avi Ansh Enterprises Private Limited | ₹139.98 Cr (FY 2025) | -4.0% | Delhi, India | |||
| Klove Studio Shoes and Accessories Private Limited | ₹139.42 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| PNP Polytex Private Limitedthis company | ₹139.32 Cr (FY 2025) | ₹1.26 Cr | 0.9% | 7.0% | 59 | Mumbai, Maharashtra, India |
| Mangaldham Tex Fab Private Limited | ₹139.18 Cr (FY 2025) | 5.0% | Ichalkaranji, Maharashtra, India | |||
| Shree Salasar Balajee Impex Private Limited | ₹138.41 Cr (FY 2025) | -2.0% | Bhagalpur, Bihar, India | |||
| Shreeram Vanijya Global Exim Private Limited | ₹138.23 Cr (FY 2025) | -4.0% | Pathankot, Punjab, India | |||
| Arihant Texchem Pvt Ltd | ₹137.64 Cr (FY 2025) | 122.0% | Ahmedabad, Gujarat, India | |||
| Alliance Textiles Private Limited | ₹137.21 Cr (FY 2024) | 93.0% | Kalameshwar, Maharashtra, India |
To see the full peer comparison of PNP Polytex Private Limited, buy the company report.
Auditor
PNP Polytex Private Limited is audited by VINOD KUMAR JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD KUMAR JAIN & CO. | FY 2023 |
Shareholding
The shareholding of PNP 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 PNP Polytex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2024 | 101003404 | Others | ₹67.5 Cr | Open | |
| 15 Jul 2024 | 100958112 | Others | ₹9.5 Cr | Open | |
| 31 Mar 2022 | 100563156 | Idbi Trusteeship Services Limited | ₹91.95 Cr | Open | |
| 28 Jan 2022 | 100549121 | Karnataka Bank Ltd. | ₹20.3 Cr | Open | |
| 20 Dec 2021 | 100522130 | Others | ₹15.5 Cr | Open |
To see the full charge records of PNP Polytex Private Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
PNP Polytex Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹27.15 Cr; the latest was in March 2024.
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Mar 2009 | Funding round | ₹12.31 Cr | Investors: an individual |
| Feb 2008 | Funding round | ₹13.07 Cr | Investors: an individual |
To see the full deal history of PNP Polytex Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
PNP Polytex Private Limited has 41 court cases on record: 33 filed by PNP Polytex, 8 filed against it. 8 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 2 | 5 |
| High courts | 15 | 2 | 1 |
| Supreme Court | 5 | 4 | 2 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Bank of Baroda | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against FMT Engineers Pvt.Ltd. | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Vodafone Idea Limited Through General Manager and 7 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against M3r Seamless Pvt Ltd and 13 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Inddex Interior Products Pvt.Ltd. | Disposed |
To see the full case history of PNP 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.
Credit ratings & regulatory alerts
PNP Polytex Private Limited was last rated by Brickwork on 13 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 13 Oct 2020 |
To see the full credit ratings and regulatory alerts of PNP Polytex Private Limited, buy the company report.
MSME payment delays
PNP Polytex Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 44 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Baggit India Private Limited | |||
| an individual supplier | |||
| Haridas Somchand & Sons | |||
| an individual supplier | |||
| Ascent Designs Private Limited |
To see the full MSME payment records of PNP Polytex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
PNP Polytex Private Limited has a workforce of 59 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
PNP Polytex has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP1396H1ZA | Maharashtra | Active | 01 Jul 2017 |
| 27AACCP1396H2Z9 | Maharashtra | Active | 29 Mar 2025 |
| 07AACCP1396H1ZC | Delhi | Active | 01 Jul 2017 |
| 09AACCP1396H1Z8 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of PNP Polytex Private Limited, buy the company report.
Recent activity
PNP Polytex Private Limited has 2 board changes on record since 2000: 2 appointments. The latest: Pawan Kumar Kaushik was appointed as Director on 22 Nov 2000.
34 earlier events are in the company report.
Frequently asked questions
PNP Polytex is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 22 November 2000 (26+ years old) and is registered under CIN U17299MH2000PTC129704.
PNP Polytex has 2 current directors:
- Pawan Kumar Kaushik - Director
- Raj Kaushik - Director
The latest financial statements of PNP 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 PNP Polytex is 27AACCP1396H1ZA, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 27AACCP1396H2Z9 (Maharashtra), 07AACCP1396H1ZC (Delhi), 09AACCP1396H1Z8 (Uttar Pradesh).
The CIN (Corporate Identification Number) of PNP Polytex is U17299MH2000PTC129704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PNP Polytex has 41 court cases on record: 33 filed by the company and 8 filed against it. 8 are pending. Most are in the district courts.
PNP Polytex was incorporated on 22 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
PNP Polytex has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹27.15 Cr; the latest was in March 2024.
The peers of PNP Polytex by revenue are Winzai Apparel Private Limited, Urmila Silks Private Limited, Batra Yarns Pvt Ltd, Avi Ansh Enterprises Private Limited, Klove Studio Shoes and Accessories Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Pawan Kumar Kaushik was appointed as Director on 22 Nov 2000. Raj Kaushik was appointed as Director on 22 Nov 2000.
PNP Polytex has 5 MSME Form 1 returns on record between 2019 and 2021, listing 44 overdue payments to 8 micro and small suppliers. The latest return was filed on 03 Mar 2022.
PNP Polytex can be reached through the website pnpind.com. Its registered office is in Mumbai, Maharashtra, India.