About Shyam Polytex Pvt Ltd
Data last updated:
Shyam Polytex Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 03 December 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1985PTC008295. Its GSTIN is 24AACCS7847J1Z0 (Gujarat). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹48.92 Lakh. It is led by directors Vinay Hanumanprasad Gupta and Hanumanprasad Lalchand Gupta.
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 904 – A Ninth Floor Sakar IX Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹285.5 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹75.43 Lakh (net margin 0.3%) and EBITDA of ₹3.97 Cr (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹21.77 Cr and satisfied charges of ₹8.75 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shyamgroup.net.
Company details
Contact details
Shyam Polytex Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is shyamgroup.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address904 – A Ninth Floor Sakar IX Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Shyam Polytex Pvt Ltd, 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 Shyam Polytex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Shyam Polytex Pvt Ltd, buy the company report.
Financials of Shyam Polytex Pvt Ltd
FY 2025 filings availableShyam Polytex Pvt Ltd reported revenue of ₹285.5 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 8% 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 | ₹3.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹75.43 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 | 1.4% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Shyam Polytex Pvt Ltd, buy the company report.
Board of directors of Shyam Polytex Pvt Ltd
Shyam Polytex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Hanumanprasad Gupta | Director | 18 Mar 2002 | 24 Years 7 Months | Current |
| Hanumanprasad Lalchand Gupta Also directs: Shyam Polyspin Pvt Ltd | Director | 01 Sep 1990 | 36 Years 2 Months | Current |
Peer comparison
Shyam Polytex Pvt Ltd is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aura Spinwell Limited | ₹299.96 Cr (FY 2018) | 11.0% | Mumbai, Maharashtra, India | |||
| Kshipan Estates and Enterprise Private Limited | ₹290.21 Cr (FY 2025) | 56.0% | Ahmedabad, Gujarat, India | |||
| M L Yarn (India) Private Limited | ₹288.1 Cr (FY 2025) | -15.0% | Kolkata, West Bengal, India | |||
| Shyam Polytex Pvt Ltdthis company | ₹285.5 Cr (FY 2025) | ₹75.43 Lakh | 0.3% | -9.0% | Ahmedabad, Gujarat, India | |
| Gill and Company Private Limited | ₹280.89 Cr (FY 2025) | -35.0% | Mumbai, Maharashtra, India | |||
| Worldline Tradex Private Limited | ₹275.4 Cr (FY 2018) | 79.0% | Delhi, India | |||
| Alkameyst Life Private Limited | ₹274.07 Cr (FY 2018) | Mumbai, Maharashtra, India | ||||
| Sankatha Traders Private Limited | ₹273.71 Cr (FY 2024) | 773062.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shyam Polytex Pvt Ltd, buy the company report.
Auditor
Shyam Polytex Pvt Ltd is audited by M P SUTARIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M P SUTARIA & CO | FY 2023 | 110730W |
Shareholding
The shareholding of Shyam Polytex Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Shyam Polytex Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2024 | 100960260 | Others | ₹8 Cr | Open | |
| 14 Nov 2018 | 100221057 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 02 Nov 2018 | 100221704 | Hdfc Bank Limited | ₹8.77 Cr | Open | |
| 21 Mar 2008 | 10106718 | Punjab National Bank | ₹4 Cr | Satisfied | |
| 18 Oct 2007 | 10084401 | Punjab National Bank | ₹4 Cr | Satisfied |
To see the full charge records of Shyam Polytex Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
Shyam Polytex Pvt Ltd has 10 court cases on record: 8 filed by Shyam Polytex, 2 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 3 |
| High courts | 4 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Shree Siddhnath Cotex Pvt Ltd and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against A B Textile Mills - Amit Bakliwal | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed against the company by an individual | Disposed |
To see the full case history of Shyam Polytex Pvt Ltd, 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
Shyam Polytex Pvt Ltd was last rated by Icra on 04 Jun 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 04 Jun 2019 |
To see the full credit ratings and regulatory alerts of Shyam Polytex Pvt Ltd, buy the company report.
MSME payment delays
Shyam Polytex Pvt Ltd has 12 MSME Form 1 returns on record between 2019 and 2024, listing 200 overdue payments to 56 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 56)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Premier Cotton Textiles | |||
| Owm Poly Yarn Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shyam Polytex Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shyam Polytex has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS7847J1Z0 | Gujarat | Active | 01 Jul 2017 |
| 06AACCS7847J1ZY | Haryana | Active | 01 Jul 2017 |
| 08AACCS7847J1ZU | Rajasthan | Active | 01 Jul 2017 |
| 27AACCS7847J1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shyam Polytex Pvt Ltd, buy the company report.
Recent activity
Shyam Polytex Pvt Ltd has 5 board changes on record since 1990: 2 appointments and 3 cessations. The latest: Anita Navin Gupta ceased to be Director on 21 May 2018.
16 earlier events are in the company report.
Frequently asked questions
Shyam Polytex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 03 December 1985 (41+ years old) and is registered under CIN U25209GJ1985PTC008295.
Shyam Polytex has 2 current directors:
- Vinay Hanumanprasad Gupta - Director
- Hanumanprasad Lalchand Gupta - Director
The latest financial statements of Shyam 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 Shyam Polytex is 24AACCS7847J1Z0, registered in Gujarat. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 06AACCS7847J1ZY (Haryana), 08AACCS7847J1ZU (Rajasthan), 27AACCS7847J1ZU (Maharashtra).
The CIN (Corporate Identification Number) of Shyam Polytex is U25209GJ1985PTC008295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shyam Polytex has 10 court cases on record: 8 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Shyam Polytex was incorporated on 03 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shyam Polytex by revenue are Aura Spinwell Limited, Kshipan Estates and Enterprise Private Limited, M L Yarn (India) Private Limited, Gill and Company Private Limited, Worldline Tradex Private Limited and 2 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Anita Navin Gupta ceased to be Director on 21 May 2018. Anita Navin Gupta ceased to be Director on 21 May 2018. Santosh Vinod Gupta ceased to be Director on 21 May 2018. Shyam Polytex has 5 board changes on record in total.
Shyam Polytex has 12 MSME Form 1 returns on record between 2019 and 2024, listing 200 overdue payments to 56 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Shyam Polytex can be reached through the website shyamgroup.net. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Shyam Polytex is at 904 – A Ninth Floor Sakar IX Ashram Road, Ahmedabad, Gujarat, India – 380009.
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