S.G.Polytex India Private Limited
About S.G.Polytex India Private Limited
Data last updated:
S.G.Polytex India Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U25200TZ2013PTC019585. Its GSTIN is 33AATCS2308F1ZF (Tamil Nadu).
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2.08 Cr. It is led by directors Vasanthi and Sundaram.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 391/1 Somachettiyar Thottam Trichy Road, Tirupur, Tamil Nadu, India – 641664.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.62 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹90.56 Lakh (net margin -55.8%) and EBITDA of -₹63.17 Lakh (EBITDA margin -38.9%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 31% over five years.
As per MCA filings, the company has open charges of ₹8.86 Cr and satisfied charges of ₹3.48 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S.G.Polytex India Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address391/1 Somachettiyar Thottam Trichy Road, Tirupur, Tamil Nadu, India – 641664
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of S.G.Polytex India 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
Business activity
The main business activity of S.G.Polytex India 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 S.G.Polytex India Private Limited, buy the company report.
Financials of S.G.Polytex India Private Limited
FY 2024 filings availableS.G.Polytex India Private Limited reported revenue of ₹1.62 Cr (down 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 49% fall in the latest year. EBITDA fell 271% 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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| Total Expenses | |||||
| EBITDA | -₹63.17 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹90.56 Lakh | ||||
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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 | -38.9% | ||||
| Net Profit Margin | -55.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of S.G.Polytex India Private Limited, buy the company report.
Board of directors of S.G.Polytex India Private Limited
S.G.Polytex India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Peer comparison
S.G.Polytex India 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 |
|---|---|---|---|---|---|---|
| Fine-Ethnic Collection Private Limited | ₹1.62 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Supercoat Industries Private Limited | ₹1.62 Cr (FY 2025) | 14562.0% | Surat, Gujarat, India | |||
| Girnar Synthetics Pvt. Ltd. | ₹1.62 Cr (FY 2024) | -42.0% | Bhilwara, Rajasthan, India | |||
| Panda Garment Exports India Private Limited | ₹1.62 Cr (FY 2025) | 9.0% | Tirupur, Tamil Nadu, India | |||
| S.G.Polytex India Private Limitedthis company | ₹1.62 Cr (FY 2025) | -₹90.56 Lakh | -55.8% | -49.0% | Tirupur, Tamil Nadu, India | |
| Sanwaraseth Textile Private Limited | ₹1.62 Cr (FY 2022) | -52.0% | Kolkata, West Bengal, India | |||
| Kelasa Tex Private Limited | ₹1.62 Cr (FY 2025) | -29.0% | Surat, Gujarat, India |
To see the full peer comparison of S.G.Polytex India Private Limited, buy the company report.
Auditor
S.G.Polytex India Private Limited is audited by BAKTHAVACHALAM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAKTHAVACHALAM & CO | FY 2023 | 006066S |
Shareholding
The shareholding of S.G.Polytex India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of S.G.Polytex India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2021 | 100455364 | Sidbi | ₹2.52 Cr | Open | |
| 05 Oct 2017 | 100131303 | Axis Bank Limited | ₹10.62 Lakh | Open | |
| 12 Sep 2016 | 100052325 | Others | ₹50 Lakh | Open | |
| 16 Nov 2015 | 10606848 | Axis Bank Limited | ₹5.73 Cr | Open | |
| 07 Mar 2014 | 10502451 | The Catholic Syrian Bank Ltd | ₹16 Lakh | Satisfied |
To see the full charge records of S.G.Polytex India Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
S.G.Polytex India Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by M/S Poly Pipes India Private Limited Represented by Its Credit Officer Mr M Kotteswaran | Disposed |
| Madras High Court | Court case (CRL OP) | Filed against the company by M/S. Poly Pipes India Private Limited, | Disposed |
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company | Pending |
To see the full case history of S.G.Polytex India 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 S.G.Polytex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S.G.Polytex India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AATCS2308F1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S.G.Polytex India Private Limited, buy the company report.
Recent activity
S.G.Polytex India Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Sundaram Gokulkumar ceased to be Additional Director on 30 Sep 2016.
13 earlier events are in the company report.
Frequently asked questions
S.G.Polytex India is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 June 2013 (13+ years old) and is registered under CIN U25200TZ2013PTC019585.
The latest financial statements of S.G.Polytex India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of S.G.Polytex India is 33AATCS2308F1ZF, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of S.G.Polytex India is U25200TZ2013PTC019585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.G.Polytex India has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
S.G.Polytex India was incorporated on 12 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of S.G.Polytex India by revenue are Fine-Ethnic Collection Private Limited, Supercoat Industries Private Limited, Girnar Synthetics Pvt. Ltd, Panda Garment Exports India Private Limited, Sanwaraseth Textile Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sundaram Gokulkumar ceased to be Additional Director on 30 Sep 2016. Sundaram Gokulkumar was appointed as Director on 10 Jun 2016. Sundaram was appointed as Director on 12 Jun 2013. S.G.Polytex India has 4 board changes on record in total.
The registered office of S.G.Polytex India is at 3911 Somachettiyar Thottam Trichy Road, Tirupur, Tamil Nadu, India – 641664.
S.G.Polytex India operates in the manufacturing industry, in the textile and fabric production segment.
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