Polycot Yarn Spinning Mills Private Limited

Polycot Yarn Spinning Mills Private Limited - manufacturing in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U18101MH2005PTC157233 Incorporated 10 November 2005 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2025
₹40.4 Lakh
▲ 11% YoY
Net loss · FY 2025
₹10.73 Lakh
Net margin -26.6%
EBITDA · FY 2025
₹10.98 Lakh
EBITDA margin 27.2%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Open charges
₹2.2 Cr
Satisfied ₹2.4 Cr
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings

About Polycot Yarn Spinning Mills Private Limited

Data last updated:

Polycot Yarn Spinning Mills Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 November 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2005PTC157233. Its GSTIN is 27AADCP7642P1ZR (Maharashtra).

The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors including Lavesh Suresh Khairajani and Suresh Chanchaldas Khairajani.

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 D – 5/135 Bhumi World Industrial Park Pimplas Bhiwandi, Thane, Maharashtra, India – 421302.

As per the financials filed for FY 2025, the company reported a revenue of ₹40.4 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹10.73 Lakh (net margin -26.6%) and EBITDA of ₹10.98 Lakh (EBITDA margin 27.2%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 3% over five years.

As per MCA filings, the company has open charges of ₹2.2 Cr and satisfied charges of ₹2.4 Cr on record.

Polycot Yarn Spinning Mills Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0017643). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U18101MH2005PTC157233
Registration Number 157233
Incorporation Date 10 November 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-17-0017643
Key People
Lavesh Suresh Khairajani Director Suresh Chanchaldas Khairajani Director Kalpana Suresh Khairajani Director

Recognitions & Rankings of Polycot Yarn Spinning Mills

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-17-0017643

Contact details

Polycot Yarn Spinning Mills Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    D – 5/135 Bhumi World Industrial Park Pimplas Bhiwandi, Thane, Maharashtra, India – 421302
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Polycot Yarn Spinning Mills Private Limited, buy the company report.

Comprehensive company report
Polycot Yarn Spinning Mills 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
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Business activity

The main business activity of Polycot Yarn Spinning Mills is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Polycot Yarn Spinning Mills Private Limited, buy the company report.

Financials of Polycot Yarn Spinning Mills Private Limited

FY 2024 filings available

Polycot Yarn Spinning Mills Private Limited reported revenue of ₹40.4 Lakh (up 11% YoY) for FY 2025.

Revenue · FY 2025
₹40.4 Lakh ▲ 11%
Net loss · FY 2025
₹10.73 Lakh margin -26.6%
EBITDA · FY 2025
₹10.98 Lakh margin 27.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 13%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 43%
5 years · compounded
▲ 23%

Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 19% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹10.98 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹10.73 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin27.2%
Net Profit Margin-26.6%
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 Polycot Yarn Spinning Mills Private Limited, buy the company report.

Board of directors of Polycot Yarn Spinning Mills Private Limited

Polycot Yarn Spinning Mills has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Lavesh Suresh Khairajani
Also directs: Ebelt Solutions Private Limited, Under One Roof Creative Solutions LLP, Trifecta Labs Private Limited
Director10 Nov 200520 Years 11 MonthsCurrent
Suresh Chanchaldas Khairajani
Also directs: Ebelt Solutions Private Limited, Triple Tap Games Private Limited, All in A Days Play Private Limited
Director10 Nov 200520 Years 11 MonthsCurrent
Kalpana Suresh Khairajani
Also directs: Ebelt Solutions Private Limited, All in A Days Play Private Limited
Director10 Nov 200520 Years 11 MonthsCurrent
View all directors

Peer comparison

Polycot Yarn Spinning Mills Private Limited is compared with the 4 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Viraasat Back2roots Handicrafts Producer Company Limited₹40.46 Lakh (FY 2025)19.0%Panchkula, Haryana, India
Polycot Yarn Spinning Mills Private Limitedthis company₹40.4 Lakh (FY 2025)-₹10.73 Lakh-26.6%11.0%Thane, Maharashtra, India
Sach Fabs Creation Private Limited₹40.33 Lakh (FY 2024)-52.0%New Delhi, Delhi, India
Wear Hub Private Limited₹40.32 Lakh (FY 2025)204.0%Gandhinagar, Gujarat, India
SMS Apparels Private Limited₹40.26 Lakh (FY 2025)15.0%Delhi, India

To see the full peer comparison of Polycot Yarn Spinning Mills Private Limited, buy the company report.

Auditor

Polycot Yarn Spinning Mills Private Limited is audited by KAUSHAL MANISH & COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KAUSHAL MANISH & COMPANYFY 2023125710W

Shareholding

The shareholding of Polycot Yarn Spinning Mills 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Polycot Yarn Spinning Mills Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.2 Cr
Satisfied charges
₹2.4 Cr
Breakdown by lending institutions
Canara Bank₹2.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Feb 200680027518Canara Bank₹2.2 CrOpen
04 Feb 200690367555Canara Bank₹2.4 CrSatisfied

To see the full charge records of Polycot Yarn Spinning Mills Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Polycot Yarn Spinning Mills Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2022, listing 9 overdue payments to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
Kaushal Manish & Company

To see the full MSME payment records of Polycot Yarn Spinning Mills Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Polycot Yarn Spinning Mills has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCP7642P1ZRMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Polycot Yarn Spinning Mills Private Limited, buy the company report.

Recent activity

Polycot Yarn Spinning Mills Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Kalpana Suresh Khairajani was appointed as Director on 10 Nov 2005.

AGM
Polycot Yarn Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 04 Feb 2006 via Charge ID 90367555 with Canara Bank was fully satisfied on 20 Sep 2024.
Filing
Polycot Yarn Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Canara Bank of Rs. 240.00 Lakh registered on 04 Feb 2006 with Charge ID 90367555 was modified on 29 Jun 2018.
Charges
A charge with Canara Bank of Rs. 220.00 Lakh registered on 03 Feb 2006 with Charge ID 80027518 was modified on 24 May 2016.
Charges
A charge with Canara Bank amounted to Rs. 240.00 Lakh with Charge ID 90367555 was registered on 04 Feb 2006.
Charges
A charge with Canara Bank amounted to Rs. 220.00 Lakh with Charge ID 80027518 was registered on 03 Feb 2006.
Appointed
Kalpana Suresh Khairajani was appointed as Director.
Appointed
Lavesh Suresh Khairajani was appointed as Director.
Appointed
Suresh Chanchaldas Khairajani was appointed as Director.
Incorporation
10 Nov 2005
Polycot Yarn Spinning Mills Private Limited was registered on 10 Nov 2005 with Roc Mumbai & aged 20 years 11 months as per MCA records.

Frequently asked questions

Polycot Yarn Spinning Mills is an active private limited company based in Thane, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 November 2005 (21+ years old) and is registered under CIN U18101MH2005PTC157233.

Polycot Yarn Spinning Mills has 3 current directors:

The latest financial statements of Polycot Yarn Spinning Mills 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 Polycot Yarn Spinning Mills is 27AADCP7642P1ZR, registered in Maharashtra.

The CIN (Corporate Identification Number) of Polycot Yarn Spinning Mills is U18101MH2005PTC157233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Polycot Yarn Spinning Mills was incorporated on 10 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Polycot Yarn Spinning Mills by revenue are Viraasat Back2roots Handicrafts Producer Company Limited, Sach Fabs Creation Private Limited, Wear Hub Private Limited, SMS Apparels Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Kalpana Suresh Khairajani was appointed as Director on 10 Nov 2005. Lavesh Suresh Khairajani was appointed as Director on 10 Nov 2005. Suresh Chanchaldas Khairajani was appointed as Director on 10 Nov 2005.

Yes, Polycot Yarn Spinning Mills is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-17-0017643).

Polycot Yarn Spinning Mills has 3 MSME Form 1 returns on record for the period ending Sep 2022, listing 9 overdue payments to 1 micro and small supplier. The latest return was filed on 14 Feb 2023.

The registered office of Polycot Yarn Spinning Mills is at D – 5135 Bhumi World Industrial Park Pimplas Bhiwandi, Thane, Maharashtra, India – 421302.

Polycot Yarn Spinning Mills operates in the manufacturing industry, in the textile and fabric production segment.