Vardhman Polytex Ltd Company Logo

Vardhman Polytex Ltd - Company Profile

It is a manufacturing public limited company based in Ludhiana, Punjab, India, established in 1980.

1980 | Ludhiana, Punjab, India | Active
Last Updated:

About Vardhman Polytex Ltd

Vardhman Polytex Ltd, a active public limited company, was established on 20 August 1980 in Ludhiana, Punjab, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L17122PB1980PLC004242. Registered under ROC Roc Chandigarh. it is listed on BSE: 514175 and NSE: VARDMNPOLY. It has an authorized capital of ₹70.00 Cr and a paid-up capital of ₹45.89 Cr.

Formerly known as Punjab Mohta Polytex Ltd. It upholds a compliant status. Employing 1,847 professional, Its leadership includes Suresh Kumar Banka (Director), Manju Oswal (Director), Rohit Jain (Director). Past directors included Kuldeep Singla, Aarti Sharma, Rohit Sood. It holds ₹724.80 Cr open charges and ₹1,379.42 Cr settled loans. Its latest AGM occurred on 28 August 2025, with the balance sheet filed on 31 March 2025. It is based at Vardhman Park Chandigarh Road, Ludhiana-141123, Ludhiana, Punjab, 141123.

Company Details

  • CIN/LLPIN

    L17122PB1980PLC004242

  • Registration Number

    004242

  • Incorporation Date

    20 August 1980

  • Authorized Capital

    ₹70.00 Cr

  • Paid-Up Capital

    ₹45.89 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Listed (BSE: 514175, NSE: VARDMNPOLY)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 45.89 Cr
  • Company Age 45 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 724.80 Cr
  • Satisfied Charges ₹ 1,379.42 Cr
  • Revenue Growth -33.27%
  • Profit Growth 109.59%
  • Ebitda -161.28%
  • Net Worth 0.34%
  • Total Assets -10.64%
Company report

Vardhman Polytex Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Vardhman Polytex Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Vardhman Polytex Ltd?

Current Directors

NameDesignationAppointment DateStatus
Suresh Kumar BankaDirector01 Sep 2020Current
Manju OswalDirector12 Aug 2017Current
Rohit JainDirector28 Mar 2024Current
Sanchi TanejaDirector18 Jul 2023Current
Adish OswalManaging Director01 Aug 2009Current
Shubham JainAdditional Director03 Dec 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCfo(Kmp)01 Apr 2019Past
Pramod AbcsddDirector01 Oct 2020Past
Pramod AbcsddPerson Incharge30 May 2016Past
Pramod AbcsddWhole-Time Director31 Mar 2018Past
Pramod AbcsddDirector23 Apr 2018Past
Pramod AbcsddDirector19 Apr 2018Past

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Financial Performance of Vardhman Polytex.

Vardhman Polytex Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.27% decrease. The company also saw a substantial improvement in profitability, with a 109.59% increase in profit. The company's net worth moved up by a moderate rise of 0.34%.

Vardhman Polytex revenue growth over time
Vardhman Polytex profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-33.27%
Revenue from Operations
-33.72%
Total Assets
-10.64%
Profit or Loss
109.59%
Net Worth
0.34%
EBITDA
-161.28%

What is the Ownership and Shareholding Structure of Vardhman Polytex?

In 2023, Vardhman Polytex had a promoter holding of 60.16% and a public holding of 39.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹7,247,993,750.00

Satisfied Charges

₹13,794,155,000.00

Charges Breakdown by Lending Institutions

  • Others : 604.40 Cr
  • State Bank Of India : 95.96 Cr
  • Yes Bank Limited : 15.00 Cr
  • Centurion Bank Of Punjab Ltd : 8.83 Cr
  • Canara Bank : 0.31 Cr
  • Others : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
25 Oct 2016Canara Bank₹1.14 MOpen
19 Feb 2016Canara Bank₹1.98 MOpen
16 Feb 2015Others₹25.00 CrOpen
27 Feb 2013Others₹72.38 CrOpen
20 Jul 2011Others₹42.03 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Vardhman Polytex?

Vardhman Polytex has a workforce of 1847 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Vardhman Polytex Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vardhman Polytex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vardhman Polytex's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vardhman Polytex

Recent Activity within the Organization

  • Director Appointment

    Shubham Jain was appointed as a Additional Director was appointed as a Additional Director on 03 Dec 2025 & has been associated with this company since 12 days . was recorded as a recent event.

  • Annual General Meeting

    Vardhman Polytex Ltd last Annual general meeting of members was held on 28 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Vardhman Polytex Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was completed.

  • Charges

    A charge with Others of Rs. 447.84 Cr registered on 24 Dec 1993 with Charge ID 80015808 was modified on 27 Mar 2025. was recorded as a recent event.

  • Director Appointment

    Progress on Rohit Jain was appointed as a Director was appointed as a Director on 28 Mar 2024 & has been associated with this company since 1 year 8 months . was documented.

  • Director Appointment

    The activity Sanchi Taneja was appointed as a Director was appointed as a Director on 18 Jul 2023 & has been associated with this company since 2 years 5 months . was completed.

Frequently Asked Questions

  • What is the CIN of Vardhman Polytex Ltd?

    The CIN of Vardhman Polytex Ltd is L17122PB1980PLC004242.

  • Where is Vardhman Polytex Ltd headquartered?

    Vardhman Polytex Ltd is headquartered at Vardhman Park Chandigarh Road, Ludhiana-141123, Ludhiana, Punjab, 141123.

  • When was Vardhman Polytex Ltd incorporated?

    Vardhman Polytex Ltd was incorporated on 20 August 1980.

  • Who are the current directors of Vardhman Polytex Ltd?

    The current directors of Vardhman Polytex Ltd are

  • What is the primary industry of Vardhman Polytex Ltd?

    The primary industry of Vardhman Polytex Ltd is Manufacturing.

  • Is Vardhman Polytex Ltd a listed company?

    Vardhman Polytex Ltd is listed. It is listed on BSE: 514175 and NSE: VARDMNPOLY.

  • What is the capital structure of Vardhman Polytex Ltd?

    The authorized capital of Vardhman Polytex Ltd is ₹70.00 Cr, and the paid-up capital is ₹45.89 Cr.

  • What is the compliance status of Vardhman Polytex Ltd?

    The compliance status of Vardhman Polytex Ltd is Compliant.

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