About Shubhalakshmi Polyesters Limited
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Shubhalakshmi Polyesters Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Shubhlaxmi Dyetex Pvt Ltd. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH2005PLC190937. Its GSTIN is 27AAJCS2757C1ZB (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹88 Cr and a paid-up capital of ₹57.76 Cr. It is led by directors including Vikas Ramuraman Agarwal (Whole-Time Director) and Manoj Agarwal (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹376.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.1 Cr (net margin 1.4%) and EBITDA of -₹12.44 Cr (EBITDA margin -3.3%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 30% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shubhalakshmi Polyesters. As per MCA filings, the company has open charges of ₹58.29 Cr and satisfied charges of ₹3,010.17 Cr on record. Court records list 14 cases involving the company, including 11 filed by the company and 3 filed against it; 3 cases are pending. The company has 16 deals on record (7 funding rounds, 5 rights issues, 3 secondary share transfers), with disclosed funding of ₹390.07 Cr; the latest was in September 2022. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 4 smaller; the largest is Blaumann Industries Private Limited with revenue of ₹87.9 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shubhalakshmi.com.
Company details
CIN history
Shubhalakshmi Polyesters has one previous CIN (Corporate Identification Number): U17110GJ2005PLC046755. The current CIN is U17110MH2005PLC190937, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110MH2005PLC190937 | Current |
| U17110GJ2005PLC046755 | Previous |
Contact details
Shubhalakshmi Polyesters Limited's registered office is in Mumbai, Maharashtra. Its website is shubhalakshmi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1101 Lodha Supremus, Tulsi Pipe Road Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryManufacturing, Textile & Fabric Production, Plastic & Resins
To see the full contact details of Shubhalakshmi Polyesters 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
Brands
Shubhalakshmi Polyesters operates one associated brand: Shubhalakshmi Polyesters. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of polyester chips and yarns | shubhalakshmi.com |
Business activity
The main business activity of Shubhalakshmi 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 Shubhalakshmi Polyesters Limited, buy the company report.
Financials of Shubhalakshmi Polyesters Limited
FY 2025 filings availableShubhalakshmi Polyesters Limited reported revenue of ₹376.13 Cr (up 343% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 343% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 30%. 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 | |||||
| Total Revenue | ₹376.13 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹12.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.1 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.3% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Shubhalakshmi Polyesters Limited, buy the company report.
Board of directors of Shubhalakshmi Polyesters Limited
Shubhalakshmi Polyesters has 8 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Ramuraman Agarwal | Whole-Time Director | 13 Sep 2005 | 21 Years 1 Months | Current |
| Manoj Agarwal Also directs: Samarya Showbiz LLP, Arenax Esports LLP, Rabaajco Industries Private Limited and 4 more | Whole-Time Director | 01 Jan 2024 | 2 Years 9 Months | Current |
| Vidhi Sultania Also directs: Shubhlaxmi Polytex Limited | Director | 11 Jun 2019 | 7 Years 4 Months | Current |
| Ramu Raman Agarwal | Whole-Time Director | 30 Sep 2015 | 11 Years 0 Months | Current |
| Gaurishankar Agarwal | Director | 21 Jan 2020 | 6 Years 9 Months | Current |
| Sarthak Agarwal Also directs: Samarya Showbiz LLP, Shree Hari Chemicals Export Limited, Shakambhari Dyechem Private Limited and 5 more | Additional Director | 04 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Shubhalakshmi Polyesters Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Shubhalakshmi Polyesters Limitedthis company | ₹376.13 Cr (FY 2025) | ₹5.1 Cr | 1.4% | 343.0% | 13 | Mumbai, Maharashtra, India |
| Blaumann Industries Private Limited | ₹87.9 Cr (FY 2025) | 25.0% | Kolkata, West Bengal, India | |||
| B T S Knitss Process Private Limited | ₹87.9 Cr (FY 2025) | 20.0% | Coimbatore, Tamil Nadu, India | |||
| Greenway Clothings India Private Limited | ₹87.84 Cr (FY 2025) | -3.0% | Tirupur, Tamil Nadu, India | |||
| Sree Lakshmi Venkateswara Spinning Mills Private Limited | ₹87.73 Cr (FY 2025) | 7.0% | Palladam, Tamil Nadu, India | |||
| Subh Laxmi Syntex Limited | ₹87.7 Cr (FY 2025) | 28.0% | Bhilwara, Rajasthan, India | |||
| Polylace India Private Limited | ₹87.63 Cr (FY 2025) | -6.0% | Delhi, India | |||
| Divya Spinning Mill Private Limited | ₹87.5 Cr (FY 2023) | -51.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Shubhalakshmi Polyesters Limited, buy the company report.
Auditor
Shubhalakshmi Polyesters Limited is audited by PRADEEP K. SINGHI & ASSOCIATES for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADEEP K. SINGHI & ASSOCIATES | FY 2025 | 126027W |
Shareholding
The shareholding of Shubhalakshmi Polyesters 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 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shubhalakshmi Polyesters Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2026 | 101366906 | Hdfc Bank Limited | ₹69 Lakh | Open | |
| 25 Mar 2026 | 101276704 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 03 May 2025 | 101110769 | Hdfc Bank Limited | ₹22.56 Lakh | Open | |
| 03 Jan 2025 | 101031222 | Hdfc Bank Limited | ₹1.42 Cr | Open | |
| 26 Nov 2024 | 101056595 | Others | ₹1.3 Cr | Open |
To see the full charge records of Shubhalakshmi Polyesters Limited, buy the company report.
Total charge records: 44 View all charges
Deals & funding
Shubhalakshmi Polyesters Limited has 16 deals on record (7 funding rounds, 5 rights issues, 3 secondary share transfers), with disclosed funding of ₹390.07 Cr; the latest was in September 2022.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Acquisition | ₹1,522 Cr | Buyer: Reliance Polyester Limited Seller: Shubhalakshmi Polyesters Limited |
| Jun 2021 | Funding round | ₹240.46 Cr | Investors: BANK OF BARODA, State Bank Of India, Shubhlaxmi Dyetex Pvt Ltd |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Shubhlaxmi Dyetex Pvt Ltd Seller: Samridhi Global Industries Private Lmited, Shubhalakshmi Petro-Yarns Privated Limited |
| Jan 2019 | Rights issue | ₹18.78 Cr | Investors: Shubhlaxmi Dyetex Pvt Ltd , Samridhi Global Industries Private Lmited, Shubhalakshmi Petro-Yarns Privated Limited |
| Jul 2014 | Rights issue | ₹43.41 Cr | Investors: Samridhi Global Industries Private Lmited, Shubhlaxmi Dyetex Pvt Ltd , 2 individuals |
To see the full deal history of Shubhalakshmi Polyesters Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shubhalakshmi Polyesters Limited has 14 court cases on record: 11 filed by Shubhalakshmi Polyesters, 3 filed against it. 3 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 1 | 1 |
| High courts | 4 | 2 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by Vistra Itcl (India) Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by M/S. Wellknown Polyesters Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Jainco Polysyntex Pvt Ltd. and 3 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Jainco Polysyntex Pvt Ltd and Ors and 3 others | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Pending |
To see the full case history of Shubhalakshmi Polyesters 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
Shubhalakshmi Polyesters Limited was last rated by Care on 16 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 16 Nov 2021 |
To see the full credit ratings and regulatory alerts of Shubhalakshmi Polyesters Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shubhalakshmi Polyesters Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shubhalakshmi Polyesters Limited has a workforce of 13 employees on its EPFO records as of Jan 30, 2026, across 4 active EPFO establishments.
GST
Shubhalakshmi Polyesters has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS2757C1ZB | Maharashtra | Active | 01 Jul 2017 |
| 27AAJCS2757C2ZA | Maharashtra | Active | 30 Jul 2017 |
| 24AAJCS2757C1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shubhalakshmi Polyesters Limited, buy the company report.
Recent activity
Shubhalakshmi Polyesters Limited has 23 board changes on record since 2005: 8 appointments and 15 cessations. The latest: Nihit Agarwal was appointed as Additional Director on 01 Aug 2026.
100 earlier events are in the company report.
Frequently asked questions
Shubhalakshmi Polyesters is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 September 2005 (21+ years old) and is registered under CIN U17110MH2005PLC190937.
Shubhalakshmi Polyesters has 8 current directors:
- Vikas Ramuraman Agarwal - Whole-Time Director
- Manoj Agarwal - Whole-Time Director
- Ramu Raman Agarwal - Whole-Time Director
- Vidhi Sultania - Director
- Gaurishankar Agarwal - Director
- Sarthak Agarwal - Additional Director
- Prashant Bhandarkar - Director
- Nihit Agarwal - Additional Director
The latest financial statements of Shubhalakshmi Polyesters 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 Shubhalakshmi Polyesters is 27AAJCS2757C1ZB, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAJCS2757C2ZA (Maharashtra), 24AAJCS2757C1ZH (Gujarat).
The CIN (Corporate Identification Number) of Shubhalakshmi Polyesters is U17110MH2005PLC190937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shubhalakshmi Polyesters has 14 court cases on record: 11 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Shubhalakshmi Polyesters was incorporated on 13 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Shubhalakshmi Polyesters has 16 deals on record (7 funding rounds, 5 rights issues, 3 secondary share transfers), with disclosed funding of ₹390.07 Cr; the latest was in September 2022.
The peers of Shubhalakshmi Polyesters by revenue are Blaumann Industries Private Limited, B T S Knitss Process Private Limited, Greenway Clothings India Private Limited, Sree Lakshmi Venkateswara Spinning Mills Private Limited, Subh Laxmi Syntex Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Nihit Agarwal was appointed as Additional Director on 01 Aug 2026. Sarthak Agarwal was appointed as Additional Director on 04 Dec 2025. Prashant Bhandarkar was appointed as Director on 31 Mar 2025. Shubhalakshmi Polyesters has 23 board changes on record in total.
Shubhalakshmi Polyesters can be reached through the website shubhalakshmi.com. Its registered office is in Mumbai, Maharashtra, India.