About Polyon Textiles Private Limited
Data last updated:
Polyon Textiles Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17200GJ2010PTC062220. Its GSTIN is 24AAFCP6597H1Z0 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Polyon Chemicals Private Limited. It is led by directors Dharmesh Harivallabhdas Rajan and Shimul Harivallabhdas Dharmesh.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 201 Aniket C. G. Road Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.32 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹1.93 Cr (net margin 11.8%) and EBITDA of ₹2.43 Cr (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 24% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Polyon Textiles. As per MCA filings, the company has satisfied charges of ₹8.49 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in October 2015. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Bhansali Fabtex Private Limited with revenue of ₹16.36 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polyontextiles.com.
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- TelephoneLocked
- Website
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- Registered Address201 Aniket C. G. Road Navrangpura, Ahmedabad, Gujarat, India – 380009
- 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 Polyon Textiles Private Limited
The main business activity of Polyon Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Polyon Textiles Private Limited FY 2025 filings available
Polyon Textiles Private Limited reported revenue of ₹16.32 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Polyon Textiles Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 48% growth 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 of Polyon Textiles 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 | ₹2.43 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.93 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 of Polyon Textiles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.8% | •••• | •••• | •••• | •••• |
| 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 Polyon Textiles 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 Polyon Textiles Private Limited
Polyon Textiles 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 |
|---|---|---|---|---|---|---|
| Bhansali Fabtex Private Limited | ₹16.36 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Rajasthan, India |
| Sri Kandhaguru Spinning Mills Private Limited | ₹16.36 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Erode, Tamil Nadu, India |
| Shanthi Fortune India Private Limited | ₹16.35 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Coimbatore, Tamil Nadu, India |
| Italia Creation Private Limited | ₹16.34 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Surat, Gujarat, India |
| Shree Giriraj Spinners Private Limited | ₹16.32 Cr (FY 2024) | •••• | •••• | 301207.0% | •••• | Rajkot, Gujarat, India |
| Polyon Textiles Private Limited this company | ₹16.32 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Ahmedabad, Gujarat, India |
| Passport Jeans Private Limited | ₹16.31 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Geopol Industries Private Limited | ₹16.31 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Rajnandgaon, Chhattisgarh, India |
| Moxit Textile Private Limited | ₹16.3 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Surat, Gujarat, India |
| Dooars Jute Textile Private Limited | ₹16.3 Cr (FY 2023) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Shri Chakradhar Textiles Pvt Ltd | ₹16.3 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Polyon Textiles 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 Polyon Textiles Private Limited
Polyon Textiles Private Limited is audited by KPSJ & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KPSJ & ASSOCIATES LLP | 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 Polyon Textiles Private Limited
Polyon Textiles 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 |
|---|---|---|---|---|
| Dharmesh Harivallabhdas Rajan Also directs: Aja Impex Private Limited, Shri Arya Investment Private Limited | Director | 06 Sep 2010 | 16 Years 1 Months | Current |
| Shimul Harivallabhdas Dharmesh | Director | 23 Nov 2015 | 10 Years 10 Months | Current |
Ownership and Shareholding of Polyon Textiles 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 Polyon Textiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2022 | Hdfc Bank Limited | ₹3.99 Cr | Satisfied |
| 27 Jan 2016 | Hdfc Bank Limited | ₹4.5 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Polyon Textiles Private Limited
Polyon Textiles Private Limited has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in October 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2015 | Acquisition | ₹1.49 Cr | Buyer: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Polyon Textiles Private Limited
Polyon Textiles Private Limited has 1 court case on record: 1 filed by Polyon Textiles. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Twenty First Century Castings Private Limited | Pending |
Full case history
All 1 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.
Associated Brands with Polyon Textiles Private Limited
Polyon Textiles operates one associated brand: Polyon Textiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Geotextile manufacturing and geogrid products with a focus on quality in India. | polyontextiles.com |
Employees and EPFO Compliance at Polyon Textiles Private Limited
Polyon Textiles Private Limited has a workforce of 8 employees as of Apr 08, 2024.
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.
CIN History of Polyon Textiles Private Limited
Polyon Textiles has one previous CIN (Corporate Identification Number): U24120GJ2010PTC062220. The current CIN is U17200GJ2010PTC062220, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17200GJ2010PTC062220 | Current |
| U24120GJ2010PTC062220 | Previous |
Recent Activity on Polyon Textiles Private Limited
Polyon Textiles Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Rajan Ramkrishna Harivallabhdas ceased to be Director on 01 Nov 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Polyon Textiles 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.
MSME Payment Delays by Polyon Textiles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Polyon Textiles 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 Polyon Textiles Private Limited
Polyon Textiles has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCP6597H1Z0 | Gujarat | 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 Polyon Textiles 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 Polyon Textiles Private Limited
Polyon Textiles is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 September 2010 (16+ years old) and is registered under CIN U17200GJ2010PTC062220.
Polyon Textiles reported revenue of ₹16.32 Cr for FY 2025 (up 48% YoY).
Polyon Textiles has 2 current directors:
- Dharmesh Harivallabhdas Rajan - Director
- Shimul Harivallabhdas Dharmesh - Director
Polyon Textiles reported a net profit of ₹1.93 Cr (net margin 11.8%) and EBITDA of ₹2.43 Cr (EBITDA margin 14.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Polyon Textiles is 33% over three years and 24% over five years. In the latest year (FY 2025) revenue rose 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Polyon Textiles is 24AAFCP6597H1Z0, registered in Gujarat. 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 Polyon Textiles is U17200GJ2010PTC062220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polyon Textiles has 1 court case on record: 1 filed by the company. 1 is pending.
Polyon Textiles was incorporated on 06 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Polyon Textiles has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in October 2015.
The peers of Polyon Textiles by revenue are Bhansali Fabtex Private Limited, Sri Kandhaguru Spinning Mills Private Limited, Shanthi Fortune India Private Limited, Italia Creation Private Limited, Shree Giriraj Spinners Private Limited and 5 more, all in the Manufacturing industry (Textiles).