Safar Polyfibre Private Limited

Safar Polyfibre Private Limited - manufacturing in Rajkot, Gujarat, India. FY 2026 financials and compliance.
CIN U17297GJ2016PTC086059 Incorporated 11 February 2016 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2023
₹165.98 Cr
▲ 12.17% YoY
EBITDA · FY 2023
*****
▲ 64.35% YoY
Net profit · FY 2023
*****
▲ 198.40% YoY
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹9 Cr
Issued & subscribed
Open charges
₹126.84 Cr
Satisfied ₹40.04 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
211
Latest available

About Safar Polyfibre Private Limited

Data last updated: 22 December 2025

Safar Polyfibre Private Limited is a private limited company based in Rajkot, Gujarat, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 11 February 2016, the company has been in operation for over 10 years.

Registered with ROC Ahmedabad under CIN U17297GJ2016PTC086059.

Capital: an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It is led by directors including Renish Chandulal Bhalodiya and Hiteshkumar Ramniklal Bhalodia.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Revenue Survey No. 12/1/1 Nh – 27 Nr. Kuvadava Gidc Kuchiyadad, Rajkot, Gujarat, India – 360023.

As per the financials filed for FY 2023, the company reported a revenue of ₹165.98 Cr, a growth of 12.17% compared to the previous year.

The company has a workforce of approximately 211 employees as per the latest available data.

The company is associated with 1 brand - Safar Polyfibre. As per MCA filings, the company has open charges of ₹126.84 Cr and satisfied charges of ₹40.04 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website safarpolyfibre.com.

Company Details of Safar Polyfibre Private Limited
CIN U17297GJ2016PTC086059
Registration Number 086059
Incorporation Date 11 February 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
    **************
  • Registered Address
    Revenue Survey No. 12/1/1 Nh – 27 Nr. Kuvadava Gidc Kuchiyadad, Rajkot, Gujarat, India – 360023
  • Industry
    Manufacturing, Textile & Fabric Production
Company report
Safar Polyfibre Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Safar Polyfibre Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Safar Polyfibre Private Limited

Safar Polyfibre Private Limited operates one associated brand: Safar Polyfibre. These brands represent Safar Polyfibre Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Delivers comprehensive plastic recycling services and solutions for clients. safarpolyfibre.com

Competitors & Alternatives of Safar Polyfibre Private Limited

Brands and companies operating in the same space as Safar Polyfibre Private Limited include Ganesha Ecosphere, Pashupati Group, Green Worms and 4 more.

Competitor Description Location Founded
Ganesha Ecosphere Ganesha Ecosphere Plastic waste is recycled through services offered by Ganesha Ecosphere. Kanpur, India, India 1987
Pashupati Group Pashupati Group Provider of waste plastic recycling and environmental services Kashipur, India, India 2008
Green Worms Green Worms Provider of waste management and circular economy solutions Kozhikode, India, India 2014
Polygenta Polygenta PET bottles are chemically recycled to produce yarns and chips. Nashik, India, India 1981
Recycling Hub Recycling Hub Delivers comprehensive services for plastic waste recycling and sustainability. Ahmedabad, India, India 2016
Revalyu Revalyu Recycles PET bottles to produce high-quality chips and yarns for textiles. Nashik, India, India 1981
Rungta Greentech Rungta Greentech Recycles PET bottle scrap into high-value products for circular economy applications. Kolkata, India, India 2005

Business Activity of Safar Polyfibre Private Limited

Safar Polyfibre Private Limited operates primarily in the manufacturing sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
********* Manufacturing ********* Textile, leather and other apparel products *********

Auditor Details of Safar Polyfibre Private Limited

Safar Polyfibre Private Limited is audited by GHETIYA M.C. & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
GHETIYA M.C. & CO. blur-value blur-value blur-value

Board of Directors of Safar Polyfibre Private Limited

Safar Polyfibre Private Limited is currently managed by 4 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Renish Chandulal Bhalodiya Director 11 Feb 2016 10 Years 5 Months Current
Hiteshkumar Ramniklal Bhalodia Director 11 Feb 2016 10 Years 5 Months Current
Samirkumar Bhesdadia Director 06 Dec 2025 0 Years 7 Months Current
Jayesh Ratilal Bhalodiya Director 06 Dec 2025 0 Years 7 Months Current

Financials of Safar Polyfibre Private Limited FY 2024 filings available

Safar Polyfibre Private Limited reported revenue of ₹165.24 Cr (up 12.17% YoY) for FY 2023. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹165.24 Cr ▲ 12.17%
Profit
***** ▲ 198.40%
EBITDA
***** ▲ 64.35%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Safar Polyfibre Private Limited

As of FY 2023, Safar Polyfibre Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Safar Polyfibre Private Limited

Open charges
₹126.84 Cr
Satisfied charges
₹40.04 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹126.84 Cr
Latest charge details
DateLenderAmountStatus
10 Oct 2023 Hdfc Bank Limited ₹81.35 Cr Open
17 Mar 2020 Hdfc Bank Limited ₹45.49 Cr Open
23 Sep 2016 State Bank of India ₹40.04 Cr Satisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Safar Polyfibre Private Limited

Safar Polyfibre Private Limited has a workforce of 211 employees as of Apr 09, 2024.

Employee count
211
Active EPFO establishments
1
Employee growth
2.43%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Safar Polyfibre Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Safar Polyfibre Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Safar Polyfibre Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Safar Polyfibre Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Safar Polyfibre Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Safar Polyfibre Private Limited

MSME Payment Delays by Safar Polyfibre Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Safar Polyfibre Private Limited

Subsidiaries & Group Companies of Safar Polyfibre Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Safar Polyfibre Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Safar Polyfibre Private Limited

MCA Filings & Documents of Safar Polyfibre Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Safar Polyfibre Private Limited

Directors
06 Dec 2025
Samirkumar Bhesdadia was appointed as a Director on 06 Dec 2025 & has been associated with this company since 7 months 6 days.
Directors
06 Dec 2025
Jayesh Ratilal Bhalodiya was appointed as a Director on 06 Dec 2025 & has been associated with this company since 7 months 6 days.
Charges
11 Jun 2025
A charge with Hdfc Bank Limited of Rs. 45.49 Cr registered on 17 Mar 2020 with Charge ID 100334643 was modified on 11 Jun 2025.
Activity
30 Sep 2024
Safar Polyfibre Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Safar Polyfibre Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
10 Oct 2023
A charge with Hdfc Bank Limited amounted to Rs. 81.35 Cr with Charge ID 100821890 was registered on 10 Oct 2023.

Frequently Asked Questions about Safar Polyfibre Private Limited

Safar Polyfibre Private Limited is an active private limited company in the manufacturing sector based in Rajkot, Gujarat, India. It was incorporated on 11 February 2016 (10+ years old) and is registered under CIN U17297GJ2016PTC086059. The company has 211 employees.

Safar Polyfibre Private Limited reported revenue of ₹165.98 Cr for FY 2023 (up 12.17% YoY).

The primary industry of Safar Polyfibre Private Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.

Safar Polyfibre Private Limited can be reached at the registered office: Revenue Survey No. 1211 Nh – 27 Nr. Kuvadava Gidc Kuchiyadad, Rajkot, Gujarat, India – 360023, or through the website safarpolyfibre.com.

The authorised capital is ₹9 Cr, and the paid-up capital is ₹9 Cr.

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