Swati Polytex Private Limited
About Swati Polytex Private Limited
Data last updated:
Swati Polytex Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25199GJ2013PTC073227. Its GSTIN is 24AASCS5063Q1ZI (Gujarat).
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors including Girishkumar Raghavajibhai Hingrajia and Atulbhai Raghavjibhai Hingrajiya.
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 Plot No G 1827 Metoda GIDC Krishna Polymers Street Taluka Lodhika, Rajkot, Gujarat, India – 360021.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.26 Cr. For the same year it recorded a net profit of ₹82,061 (net margin 0.4%) and EBITDA of ₹4.85 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹45 Lakh and satisfied charges of ₹97.41 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No G 1827 Metoda GIDC Krishna Polymers Street Taluka Lodhika, Rajkot, Gujarat, India – 360021
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Swati Polytex Private Limited
The main business activity of Swati Polytex is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Swati Polytex Private Limited FY 2025 filings available
Swati Polytex Private Limited reported revenue of ₹2.26 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR) of Swati Polytex Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years. EBITDA fell 21% 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 of Swati Polytex Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.85 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹82,061 | •••• | •••• | •••• | •••• |
| 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 of Swati Polytex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Swati Polytex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Swati Polytex Private Limited
Swati Polytex Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MJM Clothing Private Limited | ₹2.27 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Madurai, Tamil Nadu, India |
| Lord Krishna Knitwear Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Ludhiana, Punjab, India |
| Virat Fabrics Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Surat, Gujarat, India |
| Nittin Creations (India) Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Delhi, India |
| Bla Textiles Private Limited | ₹2.26 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Swati Polytex Private Limited this company | ₹2.26 Cr (FY 2025) | •••• | •••• | •••• | Rajkot, Gujarat, India | |
| Zensome Clothing Private Limited | ₹2.26 Cr (FY 2024) | •••• | •••• | 43861.0% | •••• | Mumbai, Maharashtra, India |
| Sijo Fabrics Private Limited | ₹2.26 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Thane, Maharashtra, India |
| Jogesh Textiles Private Limited | ₹2.26 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Gurugram, Haryana, India |
| YYY Exim Private Limited | ₹2.26 Cr (FY 2025) | •••• | •••• | 1093.0% | •••• | Delhi, India |
| Heads Up Ventures Limited Listed | ₹2.26 Cr (FY 2025) | •••• | •••• | 186.0% | •••• | Palghar, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Swati Polytex by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Swati Polytex Private Limited
Swati Polytex Private Limited is audited by HARDIK AMBALIYA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARDIK AMBALIYA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Swati Polytex Private Limited
Swati Polytex has 10 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girishkumar Raghavajibhai Hingrajia Also directs: Swati Technoproducts Private Limited | Director | 02 Jan 2013 | 13 Years 9 Months | Current |
| Atulbhai Raghavjibhai Hingrajiya Also directs: Swati Technoproducts Private Limited | Director | 02 Jan 2013 | 13 Years 9 Months | Current |
| Jayshreeben Girishbhai Hingrajia Also directs: Swati Technoproducts Private Limited | Director | 04 Sep 2018 | 8 Years 1 Months | Current |
| Dimpalben Parasbhai Dedakiya | Director | 01 Aug 2014 | 12 Years 2 Months | Current |
| Heenaben Denishbhai Dedakiya | Director | 01 Aug 2014 | 12 Years 2 Months | Current |
| Chetnaben Atulbhai Hingrajia Also directs: Swati Technoproducts Private Limited | Director | 04 Sep 2018 | 8 Years 1 Months | Current |
Ownership and Shareholding of Swati Polytex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Swati Polytex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2022 | Others | ₹20 Lakh | Open |
| 11 Apr 2019 | Others | ₹25 Lakh | Open |
| 05 Mar 2013 | Bank of India | ₹97.41 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Swati Polytex Private Limited
Employment history and EPFO contributions of people linked to Swati Polytex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Swati Polytex Private Limited
Swati Polytex Private Limited has 13 board changes on record since 2013: 10 appointments and 3 cessations. The latest: Chetnaben Atulbhai Hingrajia was appointed as Director on 04 Sep 2018.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Swati Polytex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Swati Polytex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Swati Polytex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Swati Polytex Private Limited
Swati Polytex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCS5063Q1ZI | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Swati Polytex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Swati Polytex Private Limited
Swati Polytex is an active private limited company based in Rajkot, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 January 2013 (13+ years old) and is registered under CIN U25199GJ2013PTC073227.
Swati Polytex reported revenue of ₹2.26 Cr for FY 2025.
Swati Polytex has 10 current directors:
- Girishkumar Raghavajibhai Hingrajia - Director
- Atulbhai Raghavjibhai Hingrajiya - Director
- Jayshreeben Girishbhai Hingrajia - Director
- Dimpalben Parasbhai Dedakiya - Director
- Heenaben Denishbhai Dedakiya - Director
- Chetnaben Atulbhai Hingrajia - Director
- Damyantiben Jayantilal Hingrajiya - Director
- Parasbhai Ranchhodbhai Dedakiya - Director
- Denishkumar Ranchhodbhai Dedakiya - Director
- Jayantilal Raghvjibhai Hingrajiya - Director
Swati Polytex reported a net profit of ₹82,061 (net margin 0.4%) and EBITDA of ₹4.85 Lakh (EBITDA margin 2.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Swati Polytex is 12% over three years and 10% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Swati Polytex is 24AASCS5063Q1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Swati Polytex is U25199GJ2013PTC073227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swati Polytex was incorporated on 02 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Swati Polytex by revenue are MJM Clothing Private Limited, Lord Krishna Knitwear Private Limited, Virat Fabrics Private Limited, Nittin Creations (India) Private Limited, Bla Textiles Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Chetnaben Atulbhai Hingrajia was appointed as Director on 04 Sep 2018. Damyantiben Jayantilal Hingrajiya was appointed as Director on 04 Sep 2018. Jayshreeben Girishbhai Hingrajia was appointed as Director on 04 Sep 2018. Swati Polytex has 13 board changes on record in total.
The registered office of Swati Polytex is at Plot No G 1827 Metoda GIDC Krishna Polymers Street Taluka Lodhika, Rajkot, Gujarat, India – 360021.