Promoter holding
64.27%
VP
Vardhman Polytex Ltd - Due diligence report
A 360° intelligence report on Vardhman Polytex: trust score, financial health, credit view, compliance, directors, growth and distress signa…
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹449
Save ₹251
excl. GST
Or from ₹279/report with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Vardhman Polytex — 360° Intelligence Report
Generated from MCA filings & public records54/100
Trust Score
Moderate
Vardhman Polytex is assessed as Moderate with a Trust Score of 54/100. Vardhman Polytex is an active public limited indian non-government company incorporated in 1980, operating in the Manufacturing sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and high financial risk profile.
Report generated on 03 Aug 2026 from the latest processed filings. Vardhman Polytex Ltd snapshot & full profile →
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 & explainableTrust ScoreModerate
54/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
50/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
30/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
55/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
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 accessScores 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: 55/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- Profitable - internal accruals available.
- Externally credit-rated (D).
Charges position: 9 open (384.44 cr) · 79 satisfied (2,079.78 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 8 | 48.0 cr |
| Canara Bank | 15 | 48.0 cr |
| Punjab National Bank | 14 | 48.0 cr |
| State Bank Of India | 4 | 48.0 cr |
| Bank Of Baroda | 3 | 48.0 cr |
| Bank Of India | 6 | 48.0 cr |
Compliance Score: 50/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: DSE, BSE, BANKS.
- Litigation present in 4 court forum(s).
- 4 active GST registration(s).
Legal cases on record (4)
05
Director Intelligence
Stability score: 55/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| RADHAMOHAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SURESH KUMAR BANKA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SAGAR BHATIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AMRESH ATTRI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MANJU OSWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ROHIT JAIN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SANCHI TANEJA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AJAY KUMAR RATRA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ADISH OSWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Shubham Jain | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 10 directors on the board.
- AMRESH ATTRI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2025 annual returnPublic / 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
8 allotment(s) · 0 transfer(s)
Promoters hold a minority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| F M Hammerle Verwaltungs Gmbh | Subsidiary Company | 74.00% |
Key managerial personnel: RADHAMOHAN (CFO) · ADISH OSWAL (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 55 · Distress 55
Growth signals & trust indicators
Profit expanded 1.42 year-on-year.
Net margin improved to 2.1x.
Operating for 45+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Compliance score is weak (50/100).
9 open charge(s) registered - assets are encumbered.
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence53/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 2 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment46/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 9 open charge(s) of 384.44 cr already registered.
- Compliance gaps should be priced into terms.
Investor view46/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events09 Apr 2026
Charge created
Others - 120.00 cr
07 Apr 2026
Charge satisfied
Others
02 Apr 2026
Charge created
Others - 120.00 cr
30 Mar 2026
Charge created
Others - 120.00 cr
15 Jan 2026
Charge satisfied
State Bank Of India
03 Dec 2025
Director appointed
Shubham Jain (Director)
28 Aug 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
28 Mar 2024
Director appointed
ROHIT JAIN (Director)
18 Jul 2023
Director appointed
SANCHI TANEJA (Director)
04 May 2023
Charge satisfied
Religare Finvest Limited
10 Feb 2023
Charge satisfied
The Jammu & Kashmir Bank
28 Nov 2022
Charge satisfied
Punjab National Bank
26 Sep 2022
Director ceased
SANJEEV JOSHI
Director ceased
SANDEEP MEHTA
10
Key Observations
Auto-generated from the data aboveRevenue declined 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
10 active director(s) / partner(s); review board churn before relying on management continuity.
4 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of D from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 8 security allotment(s) - amounts available in the full report.
4 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Gujaratflotex | U17118GJ2000PTC039072 | Ahmedabad, Gujarat, India |
| Elandapparel | L17110KA1997PLC120558 | Bangalore, Karnataka, India |
| Ncc | U18101TZ1999PTC009010 | Coimbatore District, Tamil Nadu, India |
| Shri Siddhi Vinayaga Tex India Private Limited | U17111TZ2006PTC012582 | Tirupur, Tamil Nadu, India |
| Youngbrand | U18101TN2006PTC081600 | Kanchipuram, Tamil Nadu, India |
| Avani Textiles Limited | U17121PB2006PLC030558 | Sangrur, Punjab, India |
| Baba Spinners Limited | U17115RJ1997PLC013089 | Bhilwara, Rajasthan, India |
| Texworld Fashions Private Limited | U17110GJ2005PTC045260 | Ahmadabad City, Gujarat, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Vardhman Polytex before audits and certifications: compliance score 50/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Vardhman Polytex: 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 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 55/100, margin trends, ownership structure and peer set for Vardhman Polytex - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 54/100, distress signals and MSME payment-delay disclosures - know whether Vardhman Polytex pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Vardhman Polytex - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Vardhman Polytex an active company?
Vardhman Polytex has MCA status “Active” with a compliance score of 50/100 (Moderate).
Is Vardhman Polytex financially healthy?
Vardhman Polytex has a Financial Health Score of 30/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Vardhman Polytex?
Its overall Trust Score is 54/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Vardhman Polytex?
Promoters hold a minority stake - exact percentages are in the full report. 10 active director(s) are on record.
Does Vardhman Polytex have loans or charges against its assets?
9 open charge(s) are registered against its assets, and 79 earlier charge(s) stand satisfied.
Is Vardhman Polytex up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 50/100 (Moderate).
Is it risky to lend to Vardhman Polytex?
Its Credit Risk Score is 55/100 (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.
