Shailja Polyesters Private Limited
About Shailja Polyesters Private Limited
Data last updated:
Shailja Polyesters Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 25 June 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1991PTC015856. Its GSTIN is 24AADCS3457R1ZT (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.4 Cr. It was formerly known as Decent Processors Private Limited. It is led by directors including Rajesh Kumar Kedia and Krishna Kedia.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 302 – 302/A Centre Pointopp Old Civil Hospital – Building Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.33 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹2.61 Lakh (net margin 0.2%) and EBITDA of ₹40.12 Lakh (EBITDA margin 3.5%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹7.01 Cr and satisfied charges of ₹14.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Shailja Polyesters has undergone 2 name changes throughout its history. The company was previously known as Decent Processors Private Limited, and Shailja Polyesters Private Limited. The current legal name is Shailja Polyesters Private Limited.
| Company Name | Status |
|---|---|
| Shailja Polyesters Private Limited | Current |
| Decent Processors Private Limited | Previous |
Contact details
Shailja Polyesters Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address302 – 302/A Centre Pointopp Old Civil Hospital – Building Ring Road, Surat, Gujarat, India – 395002
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Shailja Polyesters 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 Shailja Polyesters 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 Shailja Polyesters Private Limited, buy the company report.
Financials of Shailja Polyesters Private Limited
FY 2025 filings availableShailja Polyesters Private Limited reported revenue of ₹11.33 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 16% fall in the latest year. EBITDA fell 34% 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 | ₹40.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.61 Lakh | ||||
| Balance Sheet | |||||
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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 | 3.5% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Shailja Polyesters Private Limited, buy the company report.
Board of directors of Shailja Polyesters Private Limited
Shailja Polyesters has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Kedia | Director | 07 Aug 1997 | 29 Years 2 Months | Current |
| Krishna Kedia | Director | 23 Dec 2009 | 16 Years 10 Months | Current |
| Kanishk Kedia Also directs: Piparia Syntex Private Limited, Jatadhari Vanijya Private Limited, Shivika Properties Private Limited and 5 more | Director | 18 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Shailja Polyesters Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| M L K Exports Private Limited | ₹11.35 Cr (FY 2024) | -41.0% | Lucknow, Uttar Pradesh, India | |||
| Swami Threads Private Limited | ₹11.35 Cr (FY 2025) | 1.0% | Mansa, Gujarat, India | |||
| Greenview Finance Pvt Ltd | ₹11.34 Cr (FY 2025) | 44.0% | Kolkata, West Bengal, India | |||
| Shailja Polyesters Private Limitedthis company | ₹11.33 Cr (FY 2025) | ₹2.61 Lakh | 0.2% | -16.0% | Surat, Gujarat, India | |
| R K Rayon Private Limited | ₹11.33 Cr (FY 2025) | 11.0% | Panipat, Haryana, India | |||
| G R Fashions Private Limited | ₹11.33 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shailja Polyesters Private Limited, buy the company report.
Auditor
Shailja Polyesters Private Limited is audited by M.R. BOMBAYWALA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.R. BOMBAYWALA & CO. | FY 2022 | 123117W |
Shareholding
The shareholding of Shailja Polyesters Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shailja Polyesters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2024 | 100932461 | Hdfc Bank Limited | ₹3.93 Cr | Open | |
| 05 Mar 2024 | 100882291 | Hdfc Bank Limited | ₹3.08 Cr | Open | |
| 30 Jun 2020 | 100346828 | Others | ₹40 Lakh | Satisfied | |
| 21 Jan 2006 | 80033383 | Others | ₹7.16 Cr | Satisfied | |
| 31 Jan 2004 | 90099777 | Others | ₹2.06 Cr | Satisfied |
To see the full charge records of Shailja Polyesters Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Shailja Polyesters Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Shailja Polyesters Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 88 overdue payments to 26 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 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Witmans Industries Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shailja Polyesters Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shailja Polyesters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS3457R1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shailja Polyesters Private Limited, buy the company report.
Recent activity
Shailja Polyesters Private Limited has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Kanishk Kedia was appointed as Director on 18 Aug 2023.
15 earlier events are in the company report.
Frequently asked questions
Shailja Polyesters is an active private limited company based in Surat, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 25 June 1991 (35+ years old) and is registered under CIN U17110GJ1991PTC015856.
Shailja Polyesters has 3 current directors:
- Rajesh Kumar Kedia - Director
- Krishna Kedia - Director
- Kanishk Kedia - Director
The latest financial statements of Shailja Polyesters on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shailja Polyesters is 24AADCS3457R1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Shailja Polyesters is U17110GJ1991PTC015856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shailja Polyesters was incorporated on 25 June 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shailja Polyesters by revenue are M L K Exports Private Limited, Swami Threads Private Limited, Greenview Finance Pvt Ltd, R K Rayon Private Limited, G R Fashions Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kanishk Kedia was appointed as Director on 18 Aug 2023. Krishna Kedia ceased to be Additional Director on 30 Sep 2010. Krishna Kedia was appointed as Director on 23 Dec 2009. Shailja Polyesters has 5 board changes on record in total.
Shailja Polyesters has 9 MSME Form 1 returns on record between 2019 and 2023, listing 88 overdue payments to 26 micro and small suppliers. The latest return was filed on 27 Apr 2023.
The registered office of Shailja Polyesters is at 302 – 302A Centre Pointopp Old Civil Hospital – Building Ring Road, Surat, Gujarat, India – 395002.
Shailja Polyesters operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.
Shailja Polyesters has open charges of ₹7.01 Cr and satisfied charges of ₹14.3 Cr as per latest MCA filings.
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