Visagar Polytex Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L65990MH1983PLC030215 Incorporated 16 June 1983 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: VIVIDHA · BSE: 506146 Public Limited Company manufacturing
Data last updated
Market Cap
₹13.76 Cr
VIVIDHA · NSE
Share Price
₹0.47
0.00% today
Revenue
₹0.12 Cr
FY 2025-26
EBITDA
−₹0.61 Cr
Margin -508.3%
Net Profit
−₹1.54 Cr
FY 2025-26 · +6.1% YoY
Authorised capital
₹80 Cr
Registered with MCA
Paid-up capital
₹29.27 Cr
Issued & subscribed
Open charges
₹8.41 Cr
Satisfied ₹16.95 Cr

About Visagar Polytex Limited

Data last updated:

Visagar Polytex Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 June 1983 and has been in existence for over 43 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65990MH1983PLC030215. Its GSTIN is 27AAACB1691D1Z0 (Maharashtra). The company holds 5 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 506146 and NSE: VIVIDHA.

The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹29.27 Cr. It was formerly known as Barasia Holding&Trading Co Ltd. It is led by directors including Tilokchand Manaklal Kothari (Managing Director) and Vikramjit Singh Gill.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 907/908 Dev Plaza Opp. Andheri Fire Station S.V. Road Andheri (West), Mumbai, Maharashtra, India – 400058.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹12 Lakh. For the same year it recorded a net loss of ₹1.54 Cr and EBITDA of -₹61 Lakh. Total assets are valued at ₹5.88 Cr (down 21.4% YoY).

The company has about 2 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Visagar. As per MCA filings, the company has open charges of ₹8.41 Cr and satisfied charges of ₹16.95 Cr on record. Court records list 18 cases involving the company, including 12 filed by the company and 6 filed against it; 7 cases are pending. The company has 132 deals on record (130 market trades, 1 acquisition, 1 funding round), with disclosed funding of ₹49.76 Cr; the latest was in July 2024.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website visagar.com.

Company details

CIN L65990MH1983PLC030215
Registration Number 030215
Incorporation Date 16 June 1983
ROC Mumbai
Listing Status Listed - Listed on NSE (VIVIDHA); Listed on BSE (506146)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Visagar Polytex has one previous CIN (Corporate Identification Number): U65990MH1983PLC030215. The current CIN is L65990MH1983PLC030215, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L65990MH1983PLC030215Current
U65990MH1983PLC030215Previous

Contact details

Visagar Polytex Limited's registered office is in Mumbai, Maharashtra. Its website is visagar.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    907/908 Dev Plaza Opp. Andheri Fire Station S.V. Road Andheri (West), Mumbai, Maharashtra, India – 400058
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Visagar Polytex Limited, buy the company report.

Comprehensive company report
Visagar Polytex Limited - one report that includes everything
  • 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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Brands

Visagar Polytex operates one associated brand: VISAGAR. Each brand links to its own profile.

BrandDescriptionWebsite
Operations are managed across multiple industries by the diversified conglomerate.visagar.com

Business activity

The main business activity of Visagar Polytex is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Visagar Polytex Limited, buy the company report.

Financials of Visagar Polytex Limited

FY 2025-26 filings available

Visagar Polytex Limited reported revenue of ₹12 Lakh for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹0.12 Cr
EBITDA
−₹0.61 Cr
-7.0% YoY
Profit After Tax
−₹1.54 Cr
+6.1% YoY
Net Worth
−₹0.41 Cr
-136.3% YoY
Total Assets
₹5.88 Cr
-21.4% YoY
Total Debt
₹6.29 Cr
-0.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.120.008.210.793.564.8110.17
Revenue growth--100.0%+939.2%-77.8%-26.0%-52.7%-
EBITDA(0.61)(0.57)(14.08)(0.20)0.770.55(13.44)
EBITDA margin-508.3%--171.5%-25.3%+21.6%+11.4%-132.2%
Profit before tax(1.62)(1.76)(15.53)(1.39)(0.58)0.04(14.36)
Net profit(1.54)(1.64)(15.53)(1.39)(0.58)0.04(14.49)
Net profit margin-1283.3%--189.2%-176.0%-16.3%+0.8%-142.5%
EPS (₹)(0.05)(0.06)(0.53)(0.05)(0.02)0.00(0.49)
Balance sheet
Total assets5.887.489.2926.7427.8129.6830.22
Net worth(0.41)1.132.8018.3319.7220.2120.17
Total debt6.296.356.508.418.099.4710.05
Cash & bank0.170.000.000.000.070.110.20
Net working capital3.804.746.2822.3622.7723.5323.62
Cash flow
Cash from operations0.170.041.18(0.39)0.18(0.06)(0.13)
Cash from investing0.000.460.740.00(0.04)(0.02)0.00
Cash from financing0.00(0.50)(1.91)0.32(0.19)0.000.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.230.000.010.000.110.000.000.00
Revenue growth (YoY)+109.1%-------
Other income0.000.000.000.000.000.020.000.00
Total expenses0.440.180.040.110.480.120.110.20
EBITDA(0.21)(0.18)(0.03)(0.11)(0.37)(0.12)(0.11)(0.20)
EBITDA margin-91.3%--300.0%--336.4%---
Depreciation0.140.110.120.130.140.400.090.09
Interest0.040.210.060.070.080.110.130.13
Profit before tax(0.39)(0.50)(0.21)(0.31)(0.59)(0.61)(0.33)(0.42)
Tax0.00(0.08)0.000.000.00(0.12)0.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.230.000.010.000.110.000.000.00
Revenue growth (YoY)+109.1%-------
Other income0.000.000.000.000.000.020.000.00
Total expenses0.440.180.040.110.480.120.110.20
EBITDA(0.21)(0.18)(0.03)(0.11)(0.37)(0.12)(0.11)(0.20)
EBITDA margin-91.3%--300.0%--336.4%---
Depreciation0.140.110.120.130.140.400.090.09
Interest0.040.210.060.070.080.110.130.13
Profit before tax(0.39)(0.50)(0.21)(0.31)(0.59)(0.61)(0.33)(0.42)
Tax0.00(0.08)0.000.000.00(0.12)0.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.120.008.210.793.564.8110.17
Revenue growth--100.0%+939.2%-77.8%-26.0%-52.7%-
Other income0.010.020.310.160.010.300.14
Total expenses0.730.5722.290.992.794.2623.61
Employee cost0.080.070.210.240.410.090.36
EBITDA(0.61)(0.57)(14.08)(0.20)0.770.55(13.44)
EBITDA margin-508.3%--171.5%-25.3%+21.6%+11.4%-132.2%
Depreciation0.500.640.660.650.690.640.74
Interest0.520.571.100.700.670.170.32
Profit before tax(1.62)(1.76)(15.53)(1.39)(0.58)0.04(14.36)
Tax(0.08)(0.12)0.000.000.000.000.00
Net profit(1.54)(1.64)(15.53)(1.39)(0.58)0.04(14.49)
Net profit margin-1283.3%--189.2%-176.0%-16.3%+0.8%-142.5%
EPS (₹)(0.05)(0.06)(0.53)(0.05)(0.02)0.00(0.49)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital29.2729.2729.2729.2729.2729.2729.27
Reserves & surplus(30.90)(29.36)(27.69)(12.16)(10.77)(10.28)(10.32)
Shareholders' funds (net worth)(0.41)1.132.8018.3319.7220.2120.17
Secured loans0.000.000.000.000.000.960.88
Unsecured loans6.296.356.508.418.098.519.17
Total debt6.296.356.508.418.099.4710.05
Total liabilities5.887.489.2926.7427.8129.6830.22
Assets
Gross block1.9113.8413.8515.0815.0915.0515.03
Net block1.912.402.783.634.274.925.55
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories1.891.971.9710.6711.0510.159.18
Sundry debtors0.891.723.1210.7511.6017.7617.07
Cash & bank balances0.170.000.000.000.070.110.20
Loans & advances0.970.851.271.581.191.010.85
Total current assets3.924.546.3623.0023.9129.0327.30
Total current liabilities0.12(0.20)0.080.641.145.503.68
Net working capital3.804.746.2822.3622.7723.5323.62
Total assets5.887.489.2926.7427.8129.6830.22
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.000.000.000.070.110.290.43
Net cash from operating activities0.170.041.18(0.39)0.18(0.06)(0.13)
Net cash from investing activities0.000.460.740.00(0.04)(0.02)0.00
Net cash from financing activities0.00(0.50)(1.91)0.32(0.19)0.000.00
Net change in cash0.170.000.00(0.07)(0.04)(0.08)(0.14)
Closing cash0.170.000.000.000.070.110.20
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth--100.0%+939.2%-77.8%-26.0%-52.7%-
EBITDA growth-7.0%+96.0%-6940.0%-126.0%+40.0%+104.1%-
PBT growth+8.0%+88.7%-1017.3%-139.7%-+9998.0%-
Net income growth+6.1%+89.4%-1017.3%-139.7%-1550.0%+100.3%-
Revenue CAGR (3Y)-46.6%-100.0%+19.5%-57.3%-59.6%-61.2%-50.0%
EBITDA CAGR (3Y)+45.0%---75.4%-30.6%-48.7%-
Profitability & leverage
Net income margin-1283.3%--189.2%-176.0%-16.3%+0.8%-141.2%
Return on capital employed-0.0%0.0%0.0%0.0%+0.6%0.0%
Return on net worth-0.0%0.0%0.0%0.0%+0.2%0.0%
Debt / equity-3.280.710.430.440.480.36
Long-term debt / equity-3.080.630.410.390.350.14
Interest cover-46.85-47.11-7.46-82.35837.50-188.89-2.26
Efficiency & per share
Fixed asset turnover-0.000.570.050.240.320.68
Inventory turnover-0.001.300.070.340.500.58
Debtors turnover-0.001.180.070.240.280.49
EPS (₹)(0.05)(0.06)(0.53)(0.05)(0.02)0.00(0.49)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(0.06)0.000.050.580.630.650.65

To see the full year-wise statements and ratios of Visagar Polytex Limited, buy the company report.

Board of directors of Visagar Polytex Limited

Visagar Polytex has 6 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tilokchand Manaklal KothariManaging Director01 Aug 201511 Years 2 MonthsCurrent
Vikramjit Singh GillDirector02 Jan 20215 Years 9 MonthsCurrent
Kaushal YadavDirector17 Jun 20197 Years 4 MonthsCurrent
Madhu Bala VaishnavDirector05 Dec 20196 Years 10 MonthsCurrent
Kuldeep KumarDirector28 Sep 20206 Years 0 MonthsCurrent
Vikasjeet SinghDirector13 Aug 20251 Years 2 MonthsCurrent

Auditor

Visagar Polytex Limited is audited by Bhatter and Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Bhatter and AssociatesFY 2023131411W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 5.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 94.40%.

Promoters: 5.60%Retail & Others: 94.40%
Sep 2026
QUARTER
5.60% Promoters
94.40% Retail & Others
Promoter holding - history
Now 5.60% · Sep 2026High 5.60% · Dec 2025Low 5.60% · Dec 2025
4%4.8%5.5%6.3%7%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 5.60%Mar 2026: 5.60%Jun 2026: 5.60%Sep 2026: 5.60%5.60%5.60%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters5.60%5.60%5.60%5.60%
Public94.40%94.40%94.40%94.40%

Charges & borrowings

Open charges
₹8.41 Cr
Satisfied charges
₹16.95 Cr
Breakdown by lending institutions
State Bank of India₹8.37 Cr
Hdfc Bank Limited₹0.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Sep 2018100252990State Bank of India₹8.37 CrOpen
17 Jan 2018100166279Hdfc Bank Limited₹3.8 LakhOpen
15 Jul 200810119185Hdfc Bank Limited₹16.95 CrSatisfied

To see the full charge records of Visagar Polytex Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Visagar Polytex Limited has 132 deals on record (130 market trades, 1 acquisition, 1 funding round), with disclosed funding of ₹49.76 Cr; the latest was in July 2024.

Total deals
132
Market trades
130
Acquisition
1
Funding round
1
Disclosed funding
₹49.76 Cr

Deals on record (5 of 132)

WhenDealAmountParties
Jan 2024Market trade₹24.6 LakhBuyer: Setu Securities Private Limited
Jan 2024Market trade₹5.15 CrBuyer: Vibrant Securities Private Limited, Topgain Finance Private Limited , Achintya Securities Limited
Seller: Vibrant Securities Private Limited, Topgain Finance Private Limited , Achintya Securities Limited
Jan 2024Market trade₹1.81 CrBuyer: Vibrant Securities Private Limited, Camellia Tradex Private Limited
Seller: Vibrant Securities Private Limited, Camellia Tradex Private Limited
Jan 2024Market trade₹1.14 CrBuyer: Vibrant Securities Private Limited, Camellia Tradex Private Limited
Seller: Vibrant Securities Private Limited, Camellia Tradex Private Limited
Dec 2023Market trade₹1.21 CrBuyer: Vibrant Securities Private Limited, Multiplier Share and Stock Advisors Private Limited , an individual
Seller: Vibrant Securities Private Limited, Multiplier Share and Stock Advisors Private Limited

To see the full deal history of Visagar Polytex Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Visagar Polytex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Visagar Polytex Limited has a workforce of 2 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1

GST

Visagar Polytex has 5 GST registrations: 2 active and 3 cancelled or inactive.

Total GSTINs
5
Active
2
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AAACB1691D1Z0MaharashtraActive01 Jul 2017
24AAACB1691D1Z6GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Visagar Polytex Limited, buy the company report.

Recent activity

Visagar Polytex Limited has 55 board changes on record since 2002: 31 appointments and 24 cessations. The latest: Vikasjeet Singh was appointed as Director on 13 Aug 2025.

Filing
Visagar Polytex Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
Visagar Polytex Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Vikasjeet Singh was appointed as Director.
Ceased
Dhruv Hitesh Ajani ceased to be Additional Director.
Appointed
Dhruv Hitesh Ajani was appointed as Additional Director.
Ceased
Suzad Mohd Iqbal Hussain ceased to be Additional Director.
Appointed
Suzad Mohd Iqbal Hussain was appointed as Additional Director.
Ceased
Kailash Ram Gopal Chhaparwal ceased to be Director.
Ceased
Mariam Khalil Bahnan ceased to be Company Secretary.
Appointed
Mariam Khalil Bahnan was appointed as Company Secretary.
Ceased
Kanwar Lal Rathi ceased to be Director.
Appointed
Vikramjit Singh Gill was appointed as Director.

52 earlier events are in the company report.

Frequently asked questions

Visagar Polytex is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 June 1983 (43+ years old) and is registered under CIN L65990MH1983PLC030215. Listed on BSE: 506146 and NSE: VIVIDHA.

Visagar Polytex reported revenue of ₹12 Lakh for FY 2025-26 based on standalone financials.

Visagar Polytex has 6 current directors:

The latest financial statements of Visagar Polytex on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Visagar Polytex is 27AAACB1691D1Z0, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 24AAACB1691D1Z6 (Gujarat).

The CIN (Corporate Identification Number) of Visagar Polytex is L65990MH1983PLC030215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Visagar Polytex is a listed company as per MCA records. Its shares are listed on both BSE (code: 506146) and NSE (symbol: VIVIDHA).

Visagar Polytex has 18 court cases on record: 12 filed by the company and 6 filed against it. 7 are pending. Most are in the district courts.

Visagar Polytex was incorporated on 16 June 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.

Visagar Polytex has 132 deals on record (130 market trades, 1 acquisition, 1 funding round), with disclosed funding of ₹49.76 Cr; the latest was in July 2024.