Key Quantitative Figures
Financial Performance (₹ lakhs):
- Revenue from Operations & Other Income: ₹109.36 (FY25: ₹226.05)
- Profit/(Loss) before Tax: (₹99.11) (FY25: (₹18.39))
- Profit/(Loss) for the Year: (₹99.11) (FY25: (₹18.52))
- Total Comprehensive Income/(Loss): (₹72.13) (FY25: (₹29.25))
- Earnings per Share (Basic & Diluted): (₹0.68) (FY25: (₹0.13))
Capital Structure:
- Paid-up Share Capital: ₹1,450.00 lakhs (1,45,00,000 equity shares of ₹10 each)
- Calls in Arrears: ₹10.37 lakhs
- Reserves & Surplus: Negative ₹391.91 lakhs
Asset/Liability Position (as at March 31, 2026):
- Total Assets: ₹1,110.13 lakhs
- Current Assets: ₹945.00 lakhs (including Cash & Cash Equivalents: ₹504.91 lakhs)
- Loans Given: ₹438.45 lakhs
- Total Equity: ₹1,047.72 lakhs
- Current Liabilities: ₹37.88 lakhs
Dates of Action
- AGM Date: August 6, 2026 at 3:30 PM IST through VC/OAVM
- Book Closure: July 31, 2026 to August 6, 2026 (both days inclusive)
- E-voting Period: August 3, 2026 (9:00 AM) to August 5, 2026 (5:00 PM)
- Cut-off Date for Voting Rights: July 30, 2026
Parties Involved
Board of Directors:
- Mr. Sanjay Jatia (DIN: 00913405) - Chairman & Managing Director (retiring by rotation)
- Mrs. Divya Modi (DIN: 07158212) - Non-Executive Director
- Mr. Panna Lal Jyotshi (DIN: 07248640) - Independent Director (Retired w.e.f August 02, 2025)
- Mr. Arun Kumar Modi (DIN: 07513121) - Independent Director (Retired w.e.f May 08, 2026)
- Mr. Nishant Tolchand Ranka (DIN: 06609705) - Independent Director (appointed w.e.f August 03, 2025)
- Mr. Arun Kumar Sharma (DIN: 00369461) - Independent Director (proposed for appointment w.e.f May 09, 2026)
Key Managerial Personnel:
- Mr. Navalkishor Gadia - Chief Financial Officer
- Ms. Manorama Yadav (ICSI Membership No.: F13815) - Company Secretary & Compliance Officer
Auditors:
- Statutory Auditors: M/s. Rungta Agarwal and Associates (ICAI Firm Registration No.117761W)
- Internal Auditors: M/s. Ravi Seth & Co. (ICAI Registration No. 108757W)
- Secretarial Auditors: M/s. Uma Lodha & Co. (Membership No. 5363)
Registrar & Share Transfer Agent:
Bigshare Services Private Limited
Business Operations Overview
The Company continues to be engaged in wholesale trading of commodities such as Yarn, Polymers etc. During FY 2025-26, turnover decreased to ₹109.36 lakhs from ₹148.20 lakhs in previous year. The loss increased to ₹99.11 lakhs from ₹18.52 lakhs in previous year, primarily due to provisions made for irrecoverable GST input credit.
AGM Agenda Items
Ordinary Business:
1. Adoption of Audited Financial Statements for year ended March 31, 2026 with Reports of Directors and Auditors
2. Re-appointment of Mr. Sanjay Jatia as Director retiring by rotation
Special Business:
3. Appointment of Mr. Arun Kumar Sharma as Independent Director for 5-year term from May 09, 2026 to May 08, 2031
Director Changes During Year
- Retirements: Mr. Panna Lal Jyotshi (completed second term) and Mr. Arun Kumar Modi (completed second term)
- Appointments: Mr. Nishant Tolchand Ranka (w.e.f August 03, 2025) and proposed appointment of Mr. Arun Kumar Sharma
Dividend and Reserves
No dividend recommended for the year due to carry forward losses. No amount transferred to reserves.
Corporate Governance Disclosures
- Compliance certificate obtained from auditors
- Whistle Blower Policy and Vigil Mechanism in place
- Related Party Transactions policy disclosed
- All applicable secretarial standards complied with
Internal Financial Controls
Board has laid down processes and policies for effective internal financial controls. No major weaknesses observed during the year.
Material Orders
No significant material orders passed by regulators/courts/tribunals impacting going concern status.
Forward-looking Statements
The Management Discussion & Analysis contains forward-looking statements about industry outlook, expecting growth in polyester filament yarns demand due to rising adoption of active sportswear and technical textiles.
Electronic Communication
Annual Report sent electronically to members with registered email addresses. Physical copies available on request. Documents available on company website: https://www.ramgopalpolytex.com/investors.html
Voting Arrangements
Remote e-voting facility provided through CDSL. Scrutinizer appointed: Ms. Uma Lodha, Practicing Company Secretary