Tex-Poly India Limited
About Tex-Poly India Limited
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Tex-Poly India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 25 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1993PLC070511. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as C J Plastics Pvt Ltd. It is led by directors including Shirish Shantilal Jain and Gulab Vishandas Gidwani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Varsha 13 Adarsh Society Ramchandra Lane Extn. Malad(West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹19,010, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹1,100 (net margin -5.8%) and EBITDA of ₹9,010 (EBITDA margin 47.4%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 1% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressVarsha 13 Adarsh Society Ramchandra Lane Extn. Malad(West), Mumbai, Maharashtra, India – 400064
- IndustryManufacturing, Plastic-Based Products, 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
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Financials of Tex-Poly India Limited FY 2024 filings available
Tex-Poly India Limited reported revenue of ₹19,010 (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tex-Poly India Limited
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 56% 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 Tex-Poly India 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 | ₹9,010 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1,100 | •••• | •••• | •••• | •••• |
| 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 Tex-Poly India Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.8% | •••• | •••• | •••• | •••• |
| 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 Tex-Poly India 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 Tex-Poly India Limited
Tex-Poly India Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flexibags Packaging Private Limited | ₹19,960 (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Baliga Marine Nets Private Limited | ₹19,914 (FY 2025) | •••• | •••• | •••• | Udupi, Karnataka, India | |
| Sanshru Industries Private Limited | ₹19,670 (FY 2024) | •••• | •••• | 8.0% | •••• | Noida, Uttar Pradesh, India |
| Aanu Polyproducts Pvt Ltd | ₹19,500 (FY 2024) | •••• | •••• | -17.0% | •••• | Kolkata, West Bengal, India |
| Soham Electroplast Private Limited | ₹19,300 (FY 2024) | •••• | •••• | •••• | Jalgaon, Maharashtra, India | |
| Tex-Poly India Limited this company | ₹19,010 (FY 2025) | •••• | •••• | -44.0% | •••• | Mumbai, Maharashtra, India |
| Aarnava Precision Technologies Private Limited | ₹18,574 (FY 2025) | •••• | •••• | -59.0% | •••• | Pune, Maharashtra, India |
| Sri Karni Polyfilms Private Limited | ₹18,215 (FY 2023) | •••• | •••• | 22.0% | •••• | Telangana, India |
| Sataksi Polymers Pvt Ltd | ₹18,070 (FY 2024) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Peesons Polymers Private Limited | ₹18,000 (FY 2024) | •••• | •••• | -100.0% | •••• | Indore, Madhya Pradesh, India |
| Appl Corp Private Limited | ₹17,500 (FY 2024) | •••• | •••• | -96.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Tex-Poly India by revenue in the Manufacturing industry (Plastic Based Products), 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 Tex-Poly India Limited
Tex-Poly India Limited is audited by PUNEELKUMAR A DAND & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PUNEELKUMAR A DAND & ASSOCIATES | 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 Tex-Poly India Limited
Tex-Poly India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shirish Shantilal Jain Also directs: Varsha Commodities Limited, Varsha Ventures Limited, Amstrin Healthcare Limited and 5 more | Director | 01 Aug 2013 | 13 Years 2 Months | Current |
| Gulab Vishandas Gidwani | Director | 26 Nov 2015 | 10 Years 10 Months | Current |
| Khurshid Lal Mohammad Bara | Director | 23 Apr 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Tex-Poly India 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 Tex-Poly India Limited
Tex-Poly India Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Tex-Poly India Limited
Tex-Poly India Limited has a workforce of 8 employees as of Apr 01, 2024.
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.
CIN History of Tex-Poly India Limited
Tex-Poly India has one previous CIN (Corporate Identification Number): U25209MH1993PTC070511. The current CIN is U25209MH1993PLC070511, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209MH1993PLC070511 | Current |
| U25209MH1993PTC070511 | Previous |
Recent Activity on Tex-Poly India Limited
Tex-Poly India Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Mayur Bhaskar Vyas ceased to be Director on 10 Sep 2019.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tex-Poly India 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 Tex-Poly India 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 Tex-Poly India 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 Tex-Poly India Limited
Tex-Poly India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Tex-Poly India 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 Tex-Poly India Limited
Tex-Poly India is an active public limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 25 January 1993 (33+ years old) and is registered under CIN U25209MH1993PLC070511.
Tex-Poly India reported revenue of ₹19,010 for FY 2025 (down 44% YoY).
Tex-Poly India has 3 current directors:
- Shirish Shantilal Jain - Director
- Gulab Vishandas Gidwani - Director
- Khurshid Lal Mohammad Bara - Director
Tex-Poly India reported a net loss of ₹1,100 (net margin -5.8%) and EBITDA of ₹9,010 (EBITDA margin 47.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tex-Poly India is -61% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 44%. CAGR is the steady yearly rate that links the first and the last year.
No. Tex-Poly India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Tex-Poly India is U25209MH1993PLC070511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tex-Poly India was incorporated on 25 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tex-Poly India by revenue are Flexibags Packaging Private Limited, Baliga Marine Nets Private Limited, Sanshru Industries Private Limited, Aanu Polyproducts Pvt Ltd, Soham Electroplast Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Mayur Bhaskar Vyas ceased to be Director on 10 Sep 2019. Ravinderan Navalan ceased to be Director on 10 Sep 2019. Khurshid Lal Mohammad Bara was appointed as Director on 23 Apr 2019. Tex-Poly India has 10 board changes on record in total.
The registered office of Tex-Poly India is at Varsha 13 Adarsh Society Ramchandra Lane Extn. MaladWest, Mumbai, Maharashtra, India – 400064.