About V.M. Polytex Limited
Data last updated:
V.M. Polytex Limited is a public limited company based in Raipur, Chhattisgarh, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 14 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U25209CT2006PLC020010. Its GSTIN is 32AACCV9312R1ZW (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74.2 Lakh. It is led by directors including Thomas George (Managing Director) and Adityathomas (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Raipur, Chhattisgarh.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.03 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹53.66 Lakh (net margin 1.3%) and EBITDA of ₹2.89 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VM Polytex. As per MCA filings, the company has open charges of ₹20.63 Cr and satisfied charges of ₹12.27 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vmpolytex.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressHouse No. Sr.Lig 527 Chhatisgarh Housing Board Colony Dondek, Hurd, Raipur, Chhattisgarh, India – 492011
- IndustryPackaging, Industrial Packaging Solutions
- 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 V.M. Polytex Limited
The main business activity of V.M. Polytex is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal 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 V.M. Polytex Limited FY 2025 filings available
V.M. Polytex Limited reported revenue of ₹42.03 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of V.M. Polytex Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 23% growth in the latest year. EBITDA rose 1% 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 V.M. Polytex 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 | ₹2.89 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹53.66 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of V.M. Polytex Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 V.M. 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 V.M. Polytex Limited
V.M. Polytex Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VNG Packaging Private Limited | ₹43.27 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Vasudev Print Pack Private Limited | ₹43.06 Cr (FY 2025) | •••• | •••• | 93.0% | •••• | Panchkula, Haryana, India |
| Da Packaging Private Limited | ₹43 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Dairyflex Packaging Solutions Private Limited | ₹42.62 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Ranchi, Jharkhand, India |
| Bankey Bihari Packaging Private Limited | ₹42.46 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| V.M. Polytex Limited this company | ₹42.03 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Raipur, Chhattisgarh, India |
| Dev Flexipack Private Limited | ₹42.01 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Metoda, Gujarat, India |
| Value Packaging Industries Private Limited | ₹41.97 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| Kusum Tradex Private Limited | ₹41.7 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Ludhiana, Punjab, India |
| Singhania Printers Private Limited | ₹41.64 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Hyderabad, Telangana, India |
| Datacon Technologies India Limited | ₹41.63 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below V.M. Polytex by revenue in the Packaging industry (Industrial Packaging), 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 V.M. Polytex Limited
V.M. Polytex Limited is audited by BK & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BK & 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 V.M. Polytex Limited
V.M. Polytex has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thomas George Also directs: Kairali Polyurethane Products Pvt Ltd | Managing Director | 14 Jun 2006 | 20 Years 3 Months | Current |
| Adityathomas | Whole-Time Director | 26 May 2016 | 10 Years 4 Months | Current |
| Madhav Vijay Kumar | Whole-Time Director | 14 Jun 2006 | 20 Years 3 Months | Current |
| Jenny Thomas Also directs: Kairali Polyurethane Products Pvt Ltd | Director | 14 Jun 2006 | 20 Years 3 Months | Current |
Ownership and Shareholding of V.M. Polytex 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 V.M. Polytex Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2025 | Others | ₹15 Lakh | Open |
| 21 Sep 2025 | Others | ₹50 Lakh | Open |
| 20 Jan 2025 | Others | ₹2.55 Cr | Open |
| 29 Nov 2024 | Others | ₹8 Lakh | Open |
| 21 Nov 2023 | Others | ₹1.7 Cr | Open |
Total charge records: 12 View all charges
Legal Cases of V.M. Polytex Limited
V.M. Polytex Limited has 4 court cases on record: 3 filed by V.M. Polytex, 1 where it is another party. 3 cases are pending and 1 is disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Commissioner of Central Tax & Central Excise (Audit) | Pending |
| High Court of Kerala | Writ petition | Filed by the company against Union of India | Pending |
| High Court of Kerala | Writ petition | Company is another party | Pending |
| High Court of Kerala | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with V.M. Polytex Limited
V.M. Polytex operates one associated brand: VM Polytex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of FIBC, woven sacks, fabrics, and geotextiles in India. | vmpolytex.co.in |
Employees and EPFO Compliance at V.M. Polytex Limited
V.M. Polytex Limited has a workforce of 22 employees as of Apr 06, 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.
Recent Activity on V.M. Polytex Limited
V.M. Polytex Limited has 7 board changes on record since 2006: 4 appointments and 3 cessations. The latest: Adityathomas ceased to be Director on 01 Jan 2021.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for V.M. Polytex 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 V.M. Polytex 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 V.M. Polytex 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 V.M. Polytex Limited
V.M. Polytex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCV9312R1ZW | Kerala | 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 V.M. Polytex 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 V.M. Polytex Limited
V.M. Polytex is an active public limited company based in Raipur, Chhattisgarh, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 14 June 2006 (20+ years old) and is registered under CIN U25209CT2006PLC020010.
V.M. Polytex reported revenue of ₹42.03 Cr for FY 2025 (up 23% YoY).
V.M. Polytex has 4 current directors:
- Thomas George - Managing Director
- Adityathomas - Whole-Time Director
- Madhav Vijay Kumar - Whole-Time Director
- Jenny Thomas - Director
V.M. Polytex reported a net profit of ₹53.66 Lakh (net margin 1.3%) and EBITDA of ₹2.89 Cr (EBITDA margin 6.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of V.M. Polytex is -4% over three years and 6% over five years. In the latest year (FY 2025) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of V.M. Polytex is 32AACCV9312R1ZW, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of V.M. Polytex is U25209CT2006PLC020010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V.M. Polytex has 4 court cases on record: 3 filed by the company. 3 are pending.
V.M. Polytex was incorporated on 14 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of V.M. Polytex by revenue are VNG Packaging Private Limited, Vasudev Print Pack Private Limited, Da Packaging Private Limited, Dairyflex Packaging Solutions Private Limited, Bankey Bihari Packaging Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Adityathomas ceased to be Director on 01 Jan 2021. Adityathomas was appointed as Whole-Time Director on 26 May 2016. Madhav Vijay Kumar ceased to be Director on 31 Mar 2016. V.M. Polytex has 7 board changes on record in total.