VIVIDHA
Visagar Polytex financials
- Market cap
- ₹15 Cr
- Sector
- Textiles
What Visagar Polytex Limited does
Visagar Polytex Limited is a BSE- and NSE-listed company headquartered in Andheri (West), Mumbai. Its FY2024-25 Directors' Report states there was no change in the nature of the business during the year but does not describe what the company makes, sells, or the operations behind its earnings. The FY2024-25 financials show income of only Rs. 1.51 lakh (against Rs. 851.65 lakh in FY2023-24) and the report states the company did not generate any revenue during the year, indicating minimal or dormant operating activity in the period covered by this filing.
Quarterly results
Q1 FY27: revenue up 109.1%, net profit up 35.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 +109% |
| EBITDA | -0 | -0 | -0 | -0 | -0 +50% | -0 +64% | -0 −50% | -0 +45% |
| Net profit | -0 | -0 | -0 | -1 | -0 +29% | -0 +31% | -0 +16% | -0 +35% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −34.6% 1Y
1Y: ₹0.78 on 10 Sept 2025 → ₹0.51. High ₹0.84 (18 Sept 2025), low ₹0.43 (30 Mar 2026).
Financials, as filed
Revenue fell 87.9% a year over 2 years, FY24 to FY26. Operating margin narrowed to -583.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹8 Cr | ₹0 Cr | ₹0 Cr |
| Operating profit | ₹-14 Cr | ₹-1 Cr | ₹-1 Cr |
| Operating margin | -176.6% | — | -583.3% |
| Interest | ₹1 Cr | ₹1 Cr | ₹0 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹-16 Cr | ₹-2 Cr | ₹-2 Cr |
| Net margin | -189.2% | — | -1283.3% |
| Cash from operations | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Free cash flow | ₹1 Cr | ₹1 Cr | ₹0 Cr |
| ROCE | -80.1% | -14.4% | -17.8% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹29 Cr | ₹29 Cr | ₹29 Cr | ₹29 Cr | ₹29 Cr | ₹29 Cr |
| Reserves | ₹-9 Cr | ₹-10 Cr | ₹-11 Cr | ₹-26 Cr | ₹-29 Cr | ₹-30 Cr |
| Borrowings | ₹9 Cr | ₹8 Cr | ₹8 Cr | ₹7 Cr | ₹6 Cr | ₹6 Cr |
| Other liabilities | ₹6 Cr | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹-0 Cr | ₹0 Cr |
| Total liabilities | ₹35 Cr | ₹29 Cr | ₹27 Cr | ₹9 Cr | ₹6 Cr | ₹6 Cr |
| Fixed assets | ₹5 Cr | ₹4 Cr | ₹4 Cr | ₹3 Cr | ₹2 Cr | ₹2 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹30 Cr | ₹25 Cr | ₹24 Cr | ₹7 Cr | ₹4 Cr | ₹4 Cr |
| Total assets | ₹35 Cr | ₹29 Cr | ₹27 Cr | ₹9 Cr | ₹6 Cr | ₹6 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 4% to 1,39,700.
- Promoters
- 5.6%
- Public
- 94.4%
Since Jun 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 5.6%, Public 94.4%.Dec '23: Promoters 5.6%, Public 94.4%.Mar '24: Promoters 5.6%, Public 94.4%.Jun '24: Promoters 5.6%, Public 94.4%.Sep '24: Promoters 5.6%, Public 94.4%.Dec '24: Promoters 5.6%, Public 94.4%.Mar '25: Promoters 5.6%, Public 94.4%.Jun '25: Promoters 5.6%, Public 94.4%.Sep '25: Promoters 5.6%, Public 94.4%.Dec '25: Promoters 5.6%, Public 94.4%.Mar '26: Promoters 5.6%, Public 94.4%.Jun '26: Promoters 5.6%, Public 94.4%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Visagar Polytex Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Tilokchand Manaklal Kothari | 4.71% | unchanged |
| Trisha Media Limited | 0.84% | unchanged |
| Sagar Tilokchand Kothari | 0.07% | unchanged |
| Tilokchand Manaklal Kothari | 0.01% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Visagar Polytex Limited
Guides on how to read this kind of business and the numbers that matter.