
Polyarn Agencies Private Limited
About Polyarn Agencies Private Limited
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Polyarn Agencies 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 11 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PTC123578. Its GSTIN is 27AACCP0744K2ZC (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49 Lakh. It is led by directors Sandeep Bharatsingh Kothari (Whole-Time Director) and Nidhi Kothari (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 1002 Chaitanya Tower Appasaheb Marathe Marg, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.85 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹16.38 Lakh (net margin 25.6%) and EBITDA of ₹32.16 Lakh (EBITDA margin 50.4%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Polyarn Agencies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 1002 Chaitanya Tower Appasaheb Marathe Marg, Mumbai, Maharashtra, India – 400025
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Polyarn Agencies 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 Polyarn Agencies is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Polyarn Agencies Private Limited, buy the company report.
Financials of Polyarn Agencies Private Limited
FY 2024 filings availablePolyarn Agencies Private Limited reported revenue of ₹63.85 Lakh (down 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 52% fall in the latest year. EBITDA fell 71% 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 |
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| EBITDA | ₹32.16 Lakh | ||||
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| Net Profit (PAT) | ₹16.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 50.4% | ||||
| Net Profit Margin | 25.6% | ||||
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To see the full financial statements and ratios of Polyarn Agencies Private Limited, buy the company report.
Board of directors of Polyarn Agencies Private Limited
Polyarn Agencies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Bharatsingh Kothari Also directs: Sumo Globiz LLP | Whole-Time Director | 11 Jan 2000 | 26 Years 9 Months | Current |
| Nidhi Kothari Also directs: Sumo Globiz LLP | Whole-Time Director | 11 Jan 2000 | 26 Years 9 Months | Current |
Auditor
Polyarn Agencies Private Limited is audited by SDBA & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SDBA & Co. | FY 2023 | 142004W |
Shareholding
The shareholding of Polyarn Agencies 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 Polyarn Agencies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2022 | 100671112 | Hdfc Bank Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Polyarn Agencies 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 Polyarn Agencies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polyarn Agencies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP0744K2ZC | Maharashtra | Active | 29 Oct 2018 |
To see the full GST registrations and return filing status of Polyarn Agencies Private Limited, buy the company report.
Recent activity
Polyarn Agencies Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Nidhi Kothari ceased to be Director on 13 Jan 2016.
Frequently asked questions
Polyarn Agencies 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 11 January 2000 (26+ years old) and is registered under CIN U72900MH2000PTC123578.
Polyarn Agencies has 2 current directors:
- Sandeep Bharatsingh Kothari - Whole-Time Director
- Nidhi Kothari - Whole-Time Director
The latest financial statements of Polyarn Agencies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Polyarn Agencies is 27AACCP0744K2ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Polyarn Agencies is U72900MH2000PTC123578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polyarn Agencies was incorporated on 11 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Nidhi Kothari ceased to be Director on 13 Jan 2016. Sandeep Bharatsingh Kothari ceased to be Director on 13 Jan 2016. Nidhi Kothari was appointed as Whole-Time Director on 11 Jan 2000. Polyarn Agencies has 4 board changes on record in total.
The registered office of Polyarn Agencies is at B – 1002 Chaitanya Tower Appasaheb Marathe Marg, Mumbai, Maharashtra, India – 400025.
Polyarn Agencies operates in the home and lifestyle industry, in the textile retail and distribution segment.
Polyarn Agencies has open charges of ₹2 Cr and no satisfied charges on record as per latest MCA filings.