- 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 8 cases involving the company, including 8 filed by the company; 6 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 10 peer companies in the Packaging industry (Woven Products) are compared by revenue, 5 larger and 5 smaller; the largest is K.L.Jute Products Pvt Ltd with revenue of ₹206.25 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.
Name History of Polyraj Fabrics Private Limited
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 of Polyraj Fabrics Private Limited
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
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressAgarwal House 5 Yeshwant Colony, Indore, Madhya Pradesh, India – 452003
- IndustryPackaging, Woven Packaging Products
- 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
Associated Brands with Polyraj Fabrics Private Limited
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 of Polyraj Fabrics Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
| G | Trade | G1 | Wholesale Trading | 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 Polyraj Fabrics Private Limited FY 2024 filings available
Polyraj Fabrics Private Limited reported revenue of ₹190.66 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Polyraj Fabrics Private Limited
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 of Polyraj Fabrics 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 | ₹16.98 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.39 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Polyraj Fabrics Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Polyraj Fabrics 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.
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 of Polyraj Fabrics Private Limited
Polyraj Fabrics Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Woven Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K.L.Jute Products Pvt Ltd | ₹206.25 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Buildmet Fibres Private Limited | ₹205.28 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
| Gujarat Craft Industries Limited Listed | ₹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 Limited this company | ₹190.66 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Indore, Madhya Pradesh, India |
| Slogan Polypack Private Limited | ₹190.33 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Saraya, Gujarat, India |
| Kaypee Polyfab Private Limited | ₹187.49 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Kadi, Mehsana, Gujarat, India |
| Virgo Polymers India Limited Listed | ₹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 |
| Auckland International Ltd | ₹179.62 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Jagatdal, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Polyraj Fabrics by revenue in the Packaging industry (Woven Products), 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 Polyraj Fabrics Private Limited
Polyraj Fabrics Private Limited is audited by Mahendra Badjatya & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mahendra Badjatya & Co. | 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.
Ownership and Shareholding of Polyraj Fabrics 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 Polyraj Fabrics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2020 | Axis Bank Limited | ₹17.64 Cr | Open |
| 18 Mar 2016 | Hdfc Bank Limited | ₹214.12 Cr | Open |
| 19 Mar 2009 | Axis Bank Limited | ₹25 Cr | Open |
| 28 Jan 2009 | Axis Bank Limited | ₹26.78 Cr | Open |
| 05 Jun 2008 | Centurion Bank of Punjab Limited | ₹21.55 Cr | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Polyraj Fabrics Private Limited
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 |
Full deal history
All 11 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 Polyraj Fabrics Private Limited
Polyraj Fabrics Private Limited has 8 court cases on record: 8 filed by Polyraj Fabrics. 6 cases are pending and 2 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 6 |
Cases on record (5 of 8)
| 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 | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against Sharma Polymers Traders | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against Rolex Corporation | Pending |
Full case history
All 8 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.
Employees and EPFO Compliance at Polyraj Fabrics Private Limited
Employment history and EPFO contributions of people linked to Polyraj Fabrics.
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.
Recent Activity on Polyraj Fabrics Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Polyraj Fabrics 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 Polyraj Fabrics 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 Polyraj Fabrics 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 Polyraj Fabrics Private Limited
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 |
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 Polyraj Fabrics 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 Polyraj Fabrics Private Limited
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 reported revenue of ₹190.66 Cr for FY 2025 (down 3% YoY).
Polyraj Fabrics has 2 current directors:
- Praveen Kumar Agarwal - Managing Director
- Himanshu Chaudhary - Whole-Time Director
Polyraj Fabrics reported a net profit of ₹10.39 Cr (net margin 5.4%) and EBITDA of ₹16.98 Cr (EBITDA margin 8.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Polyraj Fabrics is 40% over three years and 10% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
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 8 court cases on record: 8 filed by the company. 6 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 K.L.Jute Products Pvt Ltd, Buildmet Fibres Private Limited, Gujarat Craft Industries Limited, Centenary Polytex Pvt Ltd, Sai Surfactants Private Limited and 5 more, all in the Packaging industry (Woven Products).