Polycot Textile Private Limited - Due diligence report

A 360° intelligence report on Polycot Textile Private Limited: trust score, financial health, credit view, compliance, directors, growth and…

2017-01-18 Surat, Gujarat Active Unlisted Active Compliant
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Polycot Textile Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
86/100
Trust Score
Low Risk

Polycot Textile Private Limited is assessed as Low Risk with a Trust Score of 86/100. Polycot Textile Private Limited is an active private limited indian non-government company incorporated in 2017, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 08 Oct 2026 from the latest processed filings. Polycot Textile Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
86/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 4 open (4.75 cr) · 2 satisfied (5.98 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others4 48.0 cr
Sidbi2 48.0 cr
Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
DIPAK CHOURDIYA 01234567 Director 01/04/2018 6 yrs Approved
KHUSHBOO DIPAK CHOURDIA 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
2 allotment(s) · 0 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 75 · Distress 90
Growth signals & trust indicators
Steady revenue growth: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Asset base grew 24% - capacity expansion.
Operating for 9 years.
Active GST registration(s).
Distress signals & risk flags
4 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence88/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment68/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 4.75 cr already registered.
  • Compliance record supports lending.
Investor view80/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
11 Dec 2024
Charge created
Others - 2.80 cr
06 Dec 2024
Charge satisfied
Others
29 Aug 2024
Charge created
Others - 71.60 Lakh
20 Feb 2024
Charge created
Sidbi - 33.33 Lakh
29 Nov 2023
Charge created
Sidbi - 90.14 Lakh
31 May 2022
Securities allotted
80000 Equity Shares Without Differential Rights - 40.00 Lakh raised
08 Apr 2022
Director appointed
KHUSHBOO DIPAK CHOURDIA (Director)
Director ceased
POOJA BHAGCHAND CHORDIA
11 Feb 2022
Charge created
Others - 1.89 cr
27 Jul 2017
Charge created
Others - 4.09 cr
11 May 2017
Securities allotted
200000 Equity Shares Without Differential Rights - 25.00 raised
06 Feb 2017
Director ceased
NEELAM BHAGCHAND CHORDIA
18 Jan 2017
Incorporated
Registered with Roc Ahmedabad
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold the largest single block of equity as per the FY 2023 annual return.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Tapti Waterways Private Limited U61100GJ2014PTC079171 Surat, Gujarat
AURALASE MSE LLP AAV-6459 Surat, Gujarat
Aegis Investments Private Limited U65990GJ1981PTC004209 Surat, Gujarat
MOON MOON SHOPEE LLP AAX-7252 Surat, Gujarat
DOUBLESAI BUILDCON LLP AAQ-6464 Surat, Gujarat
TARANG INNOVATIVE SOLUTIONS LLP AAM-9262 Surat, Gujarat
Atman Developers Private Limited U45201GJ2005PTC046769 Surat, Gujarat
Sapna Silk Mills Private Limited U17119GJ1992PTC018710 Surat, Gujarat
Uni World Hospitality Private Limited U55100GJ2017PTC099533 Surat, Gujarat
JEEYA FASHION LLP AAJ-6737 Surat, Gujarat
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Polycot Textile Private Limited before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Polycot Textile Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Polycot Textile Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 86/100, distress signals and MSME payment-delay disclosures - know whether Polycot Textile Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Polycot Textile Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Polycot Textile Private Limited an active company?

Polycot Textile Private Limited has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Polycot Textile Private Limited financially healthy?

Polycot Textile Private Limited has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Polycot Textile Private Limited?

Its overall Trust Score is 86/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Polycot Textile Private Limited?

Promoters hold the largest single block of equity - exact percentages are in the full report. 2 active director(s) are on record.

Does Polycot Textile Private Limited have loans or charges against its assets?

4 open charge(s) are registered against its assets, and 2 earlier charge(s) stand satisfied.

Is Polycot Textile Private Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2025). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Polycot Textile Private Limited?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.