MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0017966
Polo Industries Private Limited
Polo Industries Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹36.94 Cr
▼ 7% YoY
Net loss · FY 2025
₹21.89 Lakh
Net margin -0.6%
EBITDA · FY 2025
₹2.61 Cr
EBITDA margin 7.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹32.53 Lakh
Issued & subscribed
Open charges
₹9 Cr
Satisfied ₹15.47 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
1
Provident fund records
About Polo Industries Private Limited
Data last updated:
Polo Industries 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 17 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2011PTC224019. Its GSTIN is 27AAGCP3031P1Z5 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹32.53 Lakh. It is led by directors including Ashokkumar Pukhraj Jain and Pravinchand Mulchand Shah.
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 16 Bhangwadi Shopping Arcade Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.94 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹21.89 Lakh (net margin -0.6%) and EBITDA of ₹2.61 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 15% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Polo Industries. As per MCA filings, the company has open charges of ₹9 Cr and satisfied charges of ₹15.47 Cr on record.
Polo Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0017966). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17120MH2011PTC224019
Registration Number 224019
Incorporation Date 17 November 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0017966
Key People
Ashokkumar Pukhraj Jain Director Pravinchand Mulchand Shah Director Subhash Pukhraj Jain Director Recognitions & Rankings of Polo Industries
Contact details
Polo Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16 Bhangwadi Shopping Arcade Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Polo Industries Private Limited, buy the company report.
Comprehensive company report
Polo Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Polo Industries operates one associated brand: Polo Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies apparel, fabrics, t-shirts, polos, and uniforms in Kenya. | poloindustries.net |
Business activity
The main business activity of Polo Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Polo Industries Private Limited, buy the company report.
Financials of Polo Industries Private Limited
FY 2025 filings availablePolo Industries Private Limited reported revenue of ₹36.94 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹36.94 Cr ▼ 7%
Net loss · FY 2025
₹21.89 Lakh margin -0.6%
EBITDA · FY 2025
₹2.61 Cr margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 4%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 1%
5 years · compounded
▲ 3%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 8% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.89 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | -0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Polo Industries Private Limited, buy the company report.
Board of directors of Polo Industries Private Limited
Polo Industries has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashokkumar Pukhraj Jain | Director | 17 Nov 2011 | 14 Years 11 Months | Current |
| Pravinchand Mulchand Shah | Director | 17 Nov 2011 | 14 Years 11 Months | Current |
| Subhash Pukhraj Jain | Director | 17 Nov 2011 | 14 Years 11 Months | Current |
| Shantilal Pukhraj Shah | Director | 17 Nov 2011 | 14 Years 11 Months | Current |
Peer comparison
Polo Industries Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Karan Smartex Private Limited | ₹37.02 Cr (FY 2025) | 197.0% | Delhi, India | |||
| Oasis Hometex Private Limited | ₹36.99 Cr (FY 2025) | 61.0% | Karur, Tamil Nadu, India | |||
| K P N Textile Mills Private Limited | ₹36.97 Cr (FY 2025) | -28.0% | Erode, Tamil Nadu, India | |||
| Sri Venkat Ram Spinners Private Limited | ₹36.95 Cr (FY 2017) | -42.0% | Virudhunagar Disttrict, Tamil Nadu, India | |||
| Polo Industries Private Limitedthis company | ₹36.94 Cr (FY 2025) | -₹21.89 Lakh | -0.6% | -7.0% | 1 | Mumbai, Maharashtra, India |
| Kothari Woollens Pvt.Ltd. | ₹36.92 Cr (FY 2025) | -5.0% | Bikanar, Rajasthan, India | |||
| Mahesh Ginning Private Limited | ₹36.85 Cr (FY 2024) | -3.0% | Sendhwa, Madhya Pradesh, India | |||
| E.Selvan Textiles Private Limited | ₹36.81 Cr (FY 2024) | 0.0% | Arni, Tamil Nadu, India | |||
| Maniyar Synthetics Private Limited | ₹36.77 Cr (FY 2025) | 14.0% | Surat, Gujarat, India |
To see the full peer comparison of Polo Industries Private Limited, buy the company report.
Auditor
Polo Industries Private Limited is audited by R T JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R T JAIN & CO | FY 2023 | 103961W |
Shareholding
The shareholding of Polo Industries 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Polo Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9 Cr
Satisfied charges
₹15.47 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2021 | 100437819 | Axis Bank Limited | ₹9 Cr | Open | |
| 19 Oct 2012 | 10383295 | Others | ₹15.47 Cr | Satisfied |
To see the full charge records of Polo Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Polo Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polo Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Polo Industries Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
Employee count
1
Active EPFO establishments
2
Employee growth
-50%
GST
Polo Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP3031P1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polo Industries Private Limited, buy the company report.
Recent activity
Polo Industries Private Limited has 8 board changes on record since 2011: 4 appointments and 4 cessations. The latest: Chirag Ashokkumar Jain ceased to be Additional Director on 31 May 2012.
AGM
Polo Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Polo Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Axis Bank Limited of Rs. 900.00 Lakh registered on 24 Mar 2021 with Charge ID 100437819 was modified on 12 Mar 2025.
Charges
A charge registered on 19 Oct 2012 via Charge ID 10383295 with Others was fully satisfied on 15 Jul 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 900.00 Lakh with Charge ID 100437819 was registered on 24 Mar 2021.
Charges
A charge with Others of Rs. 1,546.91 Lakh registered on 19 Oct 2012 with Charge ID 10383295 was modified on 15 Jul 2020.
Charges
A charge with Others amounted to Rs. 1,546.91 Lakh with Charge ID 10383295 was registered on 19 Oct 2012.
Ceased
Chirag Ashokkumar Jain ceased to be Additional Director.
Ceased
Dishant Subhash Jain ceased to be Additional Director.
Ceased
Hemal Shantilal Shah ceased to be Additional Director.
Ceased
Purnit Pravinchand Shah ceased to be Additional Director.
Appointed
Ashokkumar Pukhraj Jain was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Polo Industries 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 17 November 2011 (15+ years old) and is registered under CIN U17120MH2011PTC224019.
Polo Industries has 4 current directors:
- Ashokkumar Pukhraj Jain - Director
- Pravinchand Mulchand Shah - Director
- Subhash Pukhraj Jain - Director
- Shantilal Pukhraj Shah - Director
The latest financial statements of Polo Industries 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 Polo Industries is 27AAGCP3031P1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Polo Industries is U17120MH2011PTC224019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polo Industries was incorporated on 17 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Polo Industries by revenue are Karan Smartex Private Limited, Oasis Hometex Private Limited, K P N Textile Mills Private Limited, Sri Venkat Ram Spinners Private Limited, Kothari Woollens Pvt.Ltd. and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Chirag Ashokkumar Jain ceased to be Additional Director on 31 May 2012. Dishant Subhash Jain ceased to be Additional Director on 31 May 2012. Hemal Shantilal Shah ceased to be Additional Director on 31 May 2012. Polo Industries has 8 board changes on record in total.
Yes, Polo Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0017966).
The registered office of Polo Industries is at 16 Bhangwadi Shopping Arcade Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Polo Industries operates in the manufacturing industry, in the textile and fabric production segment.