- Category
- Medium (2023-24)
- Udyam number
- UDYAM-RJ-17-0019440

About Swastik Polytex Private Limited
Data last updated:
Swastik Polytex Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 13 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U25209RJ2011PTC036462. Its GSTIN is 08AAQCS3561D1Z6 (Rajasthan).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹55.75 Lakh. It is led by directors including Hamendra Kumar Tongia (Whole-Time Director) and Radhey Shyam Agarwal.
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 A 501 Amrit Kalash Near Kamal & Company Tonk Road, Jaipur, Rajasthan, India – 302015.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.78 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.87 Lakh (net margin 0.1%) and EBITDA of ₹97.06 Lakh (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.16 Cr and satisfied charges of ₹15.8 Cr on record. Court records list 15 cases involving the company, including 15 filed by the company; 1 case is pending.
Swastik Polytex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0019440). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swastikpolytex.com.
Company details
Recognitions & Rankings of Swastik Polytex
Contact details
Swastik Polytex Private Limited's registered office is in Jaipur, Rajasthan. Its website is swastikpolytex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA 501 Amrit Kalash Near Kamal & Company Tonk Road, Jaipur, Rajasthan, India – 302015
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Swastik Polytex 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 Swastik Polytex is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Swastik Polytex Private Limited, buy the company report.
Financials of Swastik Polytex Private Limited
FY 2025 filings availableSwastik Polytex Private Limited reported revenue of ₹41.78 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. 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 | ₹97.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.87 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 | 2.3% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Swastik Polytex Private Limited, buy the company report.
Board of directors of Swastik Polytex Private Limited
Swastik Polytex has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhey Shyam Agarwal Also directs: DSTP Technology Private Limited | Director | 13 Sep 2011 | 15 Years 1 Months | Current |
| Hemant Kumar Mansinghka Also directs: Salasar Textiles Private Limited, The Pratap Commercial Co Pvt Ltd | Director | 21 Sep 2011 | 15 Years 1 Months | Current |
| Mahendra Kumar Tongia | Director | 13 Sep 2011 | 15 Years 1 Months | Current |
| Dharmi Chand Jain | Director | 13 Jun 2012 | 14 Years 4 Months | Current |
| Hamendra Kumar Tongia Also directs: Tongia Marble LLP | Whole-Time Director | 21 Sep 2011 | 15 Years 1 Months | Current |
Peer comparison
Swastik Polytex Private Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asansol Poly Fabs Private Limited | ₹43.52 Cr (FY 2020) | -17.0% | Kollkata, West Bengal, India | |||
| Naredi Texfab Private Limited | ₹42.92 Cr (FY 2025) | 0.0% | Chittorgarh, Rajasthan, India | |||
| Invictus Polypack Private Limited | ₹42.92 Cr (FY 2025) | 108.0% | Morbi, Gujarat, India | |||
| Swastik Polytex Private Limitedthis company | ₹41.78 Cr (FY 2025) | ₹4.87 Lakh | 0.1% | 5.0% | 54 | Jaipur, Rajasthan, India |
| Praham Polyfab Private Limited | ₹41.62 Cr (FY 2024) | 190.0% | Ahmedabad, Gujarat, India | |||
| Ganesh Agro Pack Private Limited | ₹41.06 Cr (FY 2025) | 9.0% | Rajapalayam, Tamil Nadu, India |
To see the full peer comparison of Swastik Polytex Private Limited, buy the company report.
Auditor
Swastik Polytex Private Limited is audited by Mukesh Nishit & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mukesh Nishit & Co | FY 2023 | 007963C |
Shareholding
The shareholding of Swastik Polytex Private Limited 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 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 Swastik Polytex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 May 2022 | 100574766 | Hdfc Bank Limited | ₹6.16 Cr | Open | |
| 27 Mar 2019 | 100255300 | Others | ₹1.2 Cr | Satisfied | |
| 10 Nov 2017 | 100135592 | State Bank of India | ₹45 Lakh | Satisfied | |
| 28 Apr 2014 | 10503182 | State Bank of Bikaner and Jaipur | ₹2.3 Cr | Satisfied | |
| 30 Mar 2012 | 10353915 | State Bank of India | ₹7.1 Cr | Satisfied |
To see the full charge records of Swastik Polytex Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Swastik Polytex Private Limited has 15 court cases on record: 15 filed by Swastik Polytex. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 0 | 1 |
| District courts | 5 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed by the company against Oriental Insurance Company | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Oriental Insurance Company | Disposed |
| District court, Jaipur Metro II, Rajasthan | Civil suit | Filed by the company against Oriental Insurance Company | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Oriental Insurance Company | Disposed |
| High Court, RAJASTHAN | Writ petition | Filed by the company against Rajasthan Electricity Regulatory Commission Through Its Chairman and 4 others | Pending |
To see the full case history of Swastik 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.
MSME payment delays
Swastik Polytex Private Limited has 5 MSME Form 1 returns on record between 2021 and 2023, listing 23 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Speciality Masterbatches LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| Aravali Chemtex Private Limited |
To see the full MSME payment records of Swastik Polytex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Swastik Polytex Private Limited has a workforce of 54 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Swastik Polytex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAQCS3561D1Z6 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swastik Polytex Private Limited, buy the company report.
Recent activity
Swastik Polytex Private Limited has 5 board changes on record since 2011: 5 appointments. The latest: Dharmi Chand Jain was appointed as Director on 13 Jun 2012.
8 earlier events are in the company report.
Frequently asked questions
Swastik Polytex is an active private limited company based in Jaipur, Rajasthan, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 13 September 2011 (15+ years old) and is registered under CIN U25209RJ2011PTC036462.
Swastik Polytex has 5 current directors:
- Hamendra Kumar Tongia - Whole-Time Director
- Radhey Shyam Agarwal - Director
- Hemant Kumar Mansinghka - Director
- Mahendra Kumar Tongia - Director
- Dharmi Chand Jain - Director
The latest financial statements of Swastik 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 Swastik Polytex is 08AAQCS3561D1Z6, registered in Rajasthan.
The CIN (Corporate Identification Number) of Swastik Polytex is U25209RJ2011PTC036462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Polytex has 15 court cases on record: 15 filed by the company. 1 is pending. Most are in the high courts.
Swastik Polytex was incorporated on 13 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Swastik Polytex by revenue are Asansol Poly Fabs Private Limited, Naredi Texfab Private Limited, Invictus Polypack Private Limited, Praham Polyfab Private Limited, Ganesh Agro Pack Private Limited, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Dharmi Chand Jain was appointed as Director on 13 Jun 2012. Hamendra Kumar Tongia was appointed as Whole-Time Director on 21 Sep 2011. Hemant Kumar Mansinghka was appointed as Director on 21 Sep 2011. Swastik Polytex has 5 board changes on record in total.
Yes, Swastik Polytex is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-17-0019440).
Swastik Polytex has 5 MSME Form 1 returns on record between 2021 and 2023, listing 23 overdue payments to 10 micro and small suppliers. The latest return was filed on 14 Oct 2023.
Swastik Polytex can be reached through the website swastikpolytex.com. Its registered office is in Jaipur, Rajasthan, India.