- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0009734

About Polyraj Fabrics Private Limited
Data last updated:
Polyraj Fabrics Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 25 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17234MP1994PTC008745. Its GSTIN is 23AABCA4240L1Z0 (Madhya Pradesh). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.49 Cr. It was formerly known as Polyraj Fabrics Limited and Ad-Manum Packagings Limited. It is led by directors Praveen Kumar Agarwal (Managing Director) and Himanshu Chaudhary (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 Agarwal House 5 Yeshwant Colony, Indore, Madhya Pradesh, India – 452003.
As per the financials filed for FY 2025, the company reported a revenue of ₹190.66 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹10.39 Cr (net margin 5.4%) and EBITDA of ₹16.98 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 10% over five years.
The company is associated with 2 brands: Admanum Finance and Poly Raj. As per MCA filings, the company has open charges of ₹283.54 Cr and satisfied charges of ₹56.6 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company; 8 cases are pending. The company has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹8 Cr; the latest was in August 2023. Its 7 peer companies in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 3 smaller; the largest is Buildmet Fibres Private Limited with revenue of ₹205.28 Cr.
Polyraj Fabrics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0009734). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polyraj.com.
Company details
Name history
Polyraj Fabrics has undergone 2 name changes throughout its history. The company was previously known as Polyraj Fabrics Limited, and Ad-Manum Packagings Limited. The current legal name is Polyraj Fabrics Private Limited.
| Company Name | Status |
|---|---|
| Polyraj Fabrics Private Limited | Current |
| Polyraj Fabrics Limited | Previous |
| Ad-Manum Packagings Limited | Previous |
CIN history
Polyraj Fabrics has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17234MP1994PTC008745, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17234MP1994PTC008745 | Current |
| L17234MP1994PLC008745 | Previous |
| U17234MP1994PLC008745 | Previous |
Recognitions & Rankings of Polyraj Fabrics
Contact details
Polyraj Fabrics Private Limited's registered office is in Indore, Madhya Pradesh. Its website is polyraj.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAgarwal House 5 Yeshwant Colony, Indore, Madhya Pradesh, India – 452003
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Polyraj Fabrics 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
Brands
Polyraj Fabrics operates two associated brands: Admanum Finance and Poly Raj. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commmercial vehicle finance | admanumfinance.com | |
| Manufacturing and distribution of plastic pipes, fittings, and water tanks for industrial and agricultural applications. | polyraj.com |
Business activity
The main business activities of Polyraj Fabrics are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Polyraj Fabrics Private Limited, buy the company report.
Financials of Polyraj Fabrics Private Limited
FY 2024 filings availablePolyraj Fabrics Private Limited reported revenue of ₹190.66 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 197% 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 | ₹16.98 Cr | ||||
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| Net Profit (PAT) | ₹10.39 Cr | ||||
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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 | 8.9% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Polyraj Fabrics Private Limited, buy the company report.
Board of directors of Polyraj Fabrics Private Limited
Polyraj Fabrics has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Kumar Agarwal Also directs: Purshottam Agarwal Agro & Estate LLP, Piyush Agarwal Forest and Estate LLP, Tiptop Real Infra LLP and 5 more | Managing Director | 01 May 1996 | 30 Years 5 Months | Current |
| Himanshu Chaudhary Also directs: Polyraj Pipes LLP | Whole-Time Director | 01 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Polyraj Fabrics Private Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Buildmet Fibres Private Limited | ₹205.28 Cr (FY 2025) | 34.0% | Bangalore, Karnataka, India | |||
| Gujarat Craft Industries Limited | ₹203.26 Cr (FY 2025) | 16.0% | Gandhinagar, Gujarat, India | |||
| Centenary Polytex Pvt Ltd | ₹200.37 Cr (FY 2025) | 12.0% | Ahmedabad, Gujarat, India | |||
| Sai Surfactants Private Limited | ₹194.02 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Polyraj Fabrics Private Limitedthis company | ₹190.66 Cr (FY 2025) | ₹10.39 Cr | 5.4% | -3.0% | Indore, Madhya Pradesh, India | |
| Kaypee Polyfab Private Limited | ₹187.49 Cr (FY 2025) | 13.0% | Kadi, Mehsana, Gujarat, India | |||
| Virgo Polymers India Limited | ₹186.4 Cr (FY 2025) | 40.0% | Chennai, Tamil Nadu, India | |||
| Shivangi Polysack Private Limited | ₹186.18 Cr (FY 2025) | 61.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Polyraj Fabrics Private Limited, buy the company report.
Auditor
Polyraj Fabrics Private Limited is audited by Mahendra Badjatya & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahendra Badjatya & Co. | FY 2023 | FRN 001457C |
Shareholding
The shareholding of Polyraj Fabrics 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 Polyraj Fabrics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2020 | 100410651 | Axis Bank Limited | ₹17.64 Cr | Open | |
| 18 Mar 2016 | 100027345 | Hdfc Bank Limited | ₹214.12 Cr | Open | |
| 19 Mar 2009 | 10153916 | Axis Bank Limited | ₹25 Cr | Open | |
| 28 Jan 2009 | 10142655 | Axis Bank Limited | ₹26.78 Cr | Open | |
| 05 Jun 2008 | 10106494 | Centurion Bank of Punjab Limited | ₹21.55 Cr | Satisfied |
To see the full charge records of Polyraj Fabrics Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Polyraj Fabrics Private Limited has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹8 Cr; the latest was in August 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2015 | Secondary share transfer | Undisclosed | Buyer: Praveen Agarwal Huf, 2 individuals Seller: Highrise Fincap Private Limited , Proceed Finvest Private Limited , Patron Finvest Private Limited |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Horizon Finvest Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Proceed Finvest Private Limited , P.K.Worldwide Limited Seller: Mihir Agencies Pvt Ltd , Goldstar Finvest Private Limited, Talent Infoway Limited |
| Mar 2009 | Funding round | ₹7 Cr | Investors: Ubs Enterprise Private Limited, Sidh Housing Development Company Limited, Artillegence Bio-Innovations Limited |
| Mar 2006 | Funding round | ₹1 Cr | Investors: Highrise Fincap Private Limited , Horizon Finvest Private Limited , Proceed Finvest Private Limited |
To see the full deal history of Polyraj Fabrics 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
Polyraj Fabrics Private Limited has 10 court cases on record: 10 filed by Polyraj Fabrics. 8 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 8 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against Ratlam Polimarsh Processor Pvt. Ltd. and 2 others | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against individuals | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against individuals | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against A. M. I Traders Through Manish Bhai | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against Sharma Polymers Traders Through Subodh | Pending |
To see the full case history of Polyraj Fabrics 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polyraj Fabrics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polyraj Fabrics has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCA4240L1Z0 | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AABCA4240L4ZX | Madhya Pradesh | Active | 29 Jan 2022 |
To see the full GST registrations and return filing status of Polyraj Fabrics Private Limited, buy the company report.
Recent activity
Polyraj Fabrics Private Limited has 15 board changes on record since 1996: 2 appointments and 13 cessations. The latest: Himanshu Chaudhary was appointed as Whole-Time Director on 01 Nov 2021.
22 earlier events are in the company report.
Frequently asked questions
Polyraj Fabrics is an active private limited company based in Indore, Madhya Pradesh, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 25 October 1994 (32+ years old) and is registered under CIN U17234MP1994PTC008745.
Polyraj Fabrics has 2 current directors:
- Praveen Kumar Agarwal - Managing Director
- Himanshu Chaudhary - Whole-Time Director
The latest financial statements of Polyraj Fabrics 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 Polyraj Fabrics is 23AABCA4240L1Z0, registered in Madhya Pradesh. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 23AABCA4240L4ZX (Madhya Pradesh).
The CIN (Corporate Identification Number) of Polyraj Fabrics is U17234MP1994PTC008745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polyraj Fabrics has 10 court cases on record: 10 filed by the company. 8 are pending.
Polyraj Fabrics was incorporated on 25 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Gwalior.
Polyraj Fabrics has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹8 Cr; the latest was in August 2023.
The peers of Polyraj Fabrics by revenue are Buildmet Fibres Private Limited, Gujarat Craft Industries Limited, Centenary Polytex Pvt Ltd, Sai Surfactants Private Limited, Kaypee Polyfab Private Limited and 2 more, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Himanshu Chaudhary was appointed as Whole-Time Director on 01 Nov 2021. Himanshu Chaudhary ceased to be Additional Director on 01 Nov 2021. Kanupriya Pachole ceased to be Director on 01 Nov 2021. Polyraj Fabrics has 15 board changes on record in total.
Yes, Polyraj Fabrics is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0009734).