MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0009483
Salasar Polytex Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹153.54 Cr
▲ 74% YoY
Net profit · FY 2025
₹1.3 Cr
Net margin 0.8%
EBITDA · FY 2025
₹10.72 Cr
EBITDA margin 7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.03 Cr
Issued & subscribed
Open charges
₹92.92 Cr
Satisfied ₹13.45 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
13
Provident fund records
About Salasar Polytex Private Limited
Data last updated:
Salasar Polytex Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17100GJ1999PTC035669. Its GSTIN is 24AAECS0838D1ZQ (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.03 Cr. It was formerly known as Gurunath Trade Link Limited. It is led by directors including Rajeshkumar Badriprasad Todi and Anu Todi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 772/12 Block No. 1040 1051 Via Tadkeshwar Tal. Mandvi, Surat, Gujarat, India – 394160.
As per the financials filed for FY 2025, the company reported a revenue of ₹153.54 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Cr (net margin 0.8%) and EBITDA of ₹10.72 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹92.92 Cr and satisfied charges of ₹13.45 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
Salasar Polytex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0009483). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website salasargroup.co.in.
Company details
CIN U17100GJ1999PTC035669
Registration Number 035669
Incorporation Date 30 March 1999
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0009483
Key People
Rajeshkumar Badriprasad Todi Director Anu Todi Director Sanjay Kumar Badriprasad Todi Director Recognitions & Rankings of Salasar Polytex
Contact details
Salasar Polytex Private Limited's registered office is in Surat, Gujarat. Its website is salasargroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 772/12 Block No. 1040 1051 Via Tadkeshwar Tal. Mandvi, Surat, Gujarat, India – 394160
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Salasar Polytex Private Limited, buy the company report.
Comprehensive company report
Salasar Polytex 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 Salasar Polytex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Salasar Polytex Private Limited, buy the company report.
Financials of Salasar Polytex Private Limited
FY 2025 filings availableSalasar Polytex Private Limited reported revenue of ₹153.54 Cr (up 74% YoY) for FY 2025.
Revenue · FY 2025
₹153.54 Cr ▲ 74%
Net profit · FY 2025
₹1.3 Cr margin 0.8%
EBITDA · FY 2025
₹10.72 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 6%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 51%
5 years · compounded
▼ 5%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 74% growth in the latest year. EBITDA rose 27% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.3 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 7% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Salasar Polytex Private Limited, buy the company report.
Board of directors of Salasar Polytex Private Limited
Salasar Polytex has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshkumar Badriprasad Todi Also directs: Todi Rayons Private Limited, Salasar Filaments Private Limited, Salasar Yarns Private Limited and 3 more | Director | 30 Mar 1999 | 27 Years 6 Months | Current |
| Anu Todi Also directs: Shree Balaji Nylon Private Limited, Majahelp Network Marketing Private Limited, Kanhav Creation Private Limited and 1 more | Director | 09 May 2009 | 17 Years 5 Months | Current |
| Sanjay Kumar Badriprasad Todi Also directs: Todi Rayons Private Limited, Salasar Filaments Private Limited, Salasar Yarns Private Limited and 4 more | Director | 06 Feb 2004 | 22 Years 8 Months | Current |
| Sanjaykumar Satyanarayan Todi Also directs: Shree Balaji Nylon Private Limited, Majahelp Network Marketing Private Limited, Nylon Spinners Association and 5 more | Director | 09 May 2009 | 17 Years 5 Months | Current |
Peer comparison
Salasar Polytex Private Limited is compared with the 6 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dinesh Exports Private Limited | ₹153.95 Cr (FY 2025) | 32.0% | Namakkal, Tamil Nadu, India | |||
| Laxmi Cotspin Limited | ₹153.71 Cr (FY 2025) | 3.0% | Jalna, Maharashtra, India | |||
| Yogpriya Yarns Private Limited | ₹153.68 Cr (FY 2025) | -12.0% | Nashik, Maharashtra, India | |||
| Salasar Polytex Private Limitedthis company | ₹153.54 Cr (FY 2025) | ₹1.3 Cr | 0.8% | 74.0% | 13 | Surat, Gujarat, India |
| Juliet Apparels Private Limited | ₹153.4 Cr (FY 2024) | -1.0% | Mumbai, Maharashtra, India | |||
| Super Overseas Private Limited | ₹153.09 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Indian Stitches Private Limited | ₹152.84 Cr (FY 2025) | -4.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Salasar Polytex Private Limited, buy the company report.
Auditor
Salasar Polytex Private Limited is audited by TODI TULSYAN & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TODI TULSYAN & CO. | FY 2024 | 002180C |
Shareholding
The shareholding of Salasar Polytex Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Salasar Polytex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹92.92 Cr
Satisfied charges
₹13.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2010 | 10216641 | Others | ₹46.46 Cr | Open | |
| 25 Mar 2010 | 10213606 | Others | ₹46.46 Cr | Open | |
| 01 Jun 2021 | 100474444 | Others | ₹64.61 Lakh | Satisfied | |
| 15 May 2021 | 100474445 | Others | ₹64.97 Lakh | Satisfied | |
| 27 Dec 2010 | 10259438 | Bank of Baroda | ₹9.65 Cr | Satisfied |
To see the full charge records of Salasar Polytex Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Salasar Polytex Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Total cases
6
Filed against the company
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Shri S. S. Shah, Government Labour Officer and Inspector Under Minimum Wages Act, Surat | Disposed |
| District court, SURAT, Gujarat | Court case (TAPP LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (TAPP LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner | Disposed |
| District court, SURAT, Gujarat | Court case (TAPP LC) | Filed against the company by an individual | Disposed |
To see the full case history of Salasar Polytex 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.
Credit ratings & regulatory alerts
Salasar Polytex Private Limited was last rated by Crisil on 02 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Sep 2020 |
To see the full credit ratings and regulatory alerts of Salasar Polytex Private Limited, buy the company report.
MSME payment delays
Salasar Polytex Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 569 overdue payments to 81 micro and small suppliers. 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 (5 of 81)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dev Synthetics | |||
| Niranjan Shipping Agency Private Limited | |||
| Keshari Enterprises | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Salasar Polytex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Salasar Polytex Private Limited has a workforce of 13 employees on its EPFO records as of Dec 01, 2025, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-13.33%
GST
Salasar Polytex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECS0838D1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Salasar Polytex Private Limited, buy the company report.
Recent activity
Salasar Polytex Private Limited has 4 board changes on record since 1999: 4 appointments. The latest: Anu Todi was appointed as Director on 09 May 2009.
AGM
Salasar Polytex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Salasar Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 01 Jun 2021 via Charge ID 100474444 with Others was fully satisfied on 20 Dec 2024.
Charges
A charge registered on 15 May 2021 via Charge ID 100474445 with Others was fully satisfied on 20 Dec 2024.
Charges
A charge with Others of Rs. 46.46 Cr registered on 25 Mar 2010 with Charge ID 10213606 was modified on 14 Dec 2023.
Charges
A charge with Others of Rs. 46.46 Cr registered on 29 Mar 2010 with Charge ID 10216641 was modified on 22 Dec 2021.
Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100474444 was registered on 01 Jun 2021.
Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100474445 was registered on 15 May 2021.
Charges
A charge registered on 27 Dec 2010 via Charge ID 10259438 with Bank Of Baroda was fully satisfied on 24 Sep 2011.
Charges
A charge with Bank Of Baroda amounted to Rs. 9.65 Cr with Charge ID 10259438 was registered on 27 Dec 2010.
Charges
A charge with Others amounted to Rs. 46.46 Cr with Charge ID 10216641 was registered on 29 Mar 2010.
Charges
A charge with Others amounted to Rs. 46.46 Cr with Charge ID 10213606 was registered on 25 Mar 2010.
8 earlier events are in the company report.
Frequently asked questions
Salasar Polytex is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 March 1999 (27+ years old) and is registered under CIN U17100GJ1999PTC035669.
Salasar Polytex has 4 current directors:
- Rajeshkumar Badriprasad Todi - Director
- Anu Todi - Director
- Sanjay Kumar Badriprasad Todi - Director
- Sanjaykumar Satyanarayan Todi - Director
The latest financial statements of Salasar Polytex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Salasar Polytex is 24AAECS0838D1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Salasar Polytex is U17100GJ1999PTC035669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salasar Polytex has 6 court cases on record: 6 filed against it. Most are in the district courts.
Salasar Polytex was incorporated on 30 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Salasar Polytex by revenue are Dinesh Exports Private Limited, Laxmi Cotspin Limited, Yogpriya Yarns Private Limited, Juliet Apparels Private Limited, Super Overseas Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Anu Todi was appointed as Director on 09 May 2009. Sanjaykumar Satyanarayan Todi was appointed as Director on 09 May 2009. Sanjay Kumar Badriprasad Todi was appointed as Director on 06 Feb 2004. Salasar Polytex has 4 board changes on record in total.
Yes, Salasar Polytex is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0009483).
Salasar Polytex has 11 MSME Form 1 returns on record between 2019 and 2024, listing 569 overdue payments to 81 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Salasar Polytex can be reached through the website salasargroup.co.in. Its registered office is in Surat, Gujarat, India.