About Ideal Textile Machinery Components Pvt Ltd
Data last updated:
Ideal Textile Machinery Components Pvt Ltd was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 16 June 1972.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29259GJ1972PTC002108.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.21 Lakh. It was led by directors Raji Bharatbhai Shah and Khushi Bharatbhai Shah.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Plot No.94/2 G.I.D.C Industrial Estate Phase – 1 Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.99 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹2.01 Lakh (net margin 67.2%) and EBITDA of ₹2.93 Lakh (EBITDA margin 98%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is idealsheet.com.
Company details
Contact details
Ideal Textile Machinery Components Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is idealsheet.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No.94/2 G.I.D.C Industrial Estate Phase – 1 Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Ideal Textile Machinery Components Pvt Ltd, buy the company report.
- 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
Financials of Ideal Textile Machinery Components Pvt Ltd
FY 2023 filings availableIdeal Textile Machinery Components Pvt Ltd reported revenue of ₹2.99 Lakh (up 33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 33% growth in the latest year. EBITDA rose 32% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.01 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98% | ||||
| Net Profit Margin | 67.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ideal Textile Machinery Components Pvt Ltd, buy the company report.
Board of directors of Ideal Textile Machinery Components Pvt Ltd
Ideal Textile Machinery Components has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raji Bharatbhai Shah | Director | 01 Jan 2011 | 15 Years 10 Months | As last reported |
| Khushi Bharatbhai Shah | Director | 01 Apr 2010 | 16 Years 7 Months | As last reported |
Peer comparison
Ideal Textile Machinery Components Pvt Ltd is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Machine Tools), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Emmar Machine Tools Private Limited | ₹3.3 Lakh (FY 2018) | -99.0% | Bangalore, Karnataka, India | |||
| Apex Industries Pvt Ltd | ₹3.21 Lakh (FY 2024) | -55.0% | Jalandhar, Punjab, India | |||
| Manash Machine Tools Private Limited | ₹3.21 Lakh (FY 2018) | -42.0% | Jaipur, Rajasthan, India | |||
| Metacore Drilling Solutions Private Limited | ₹3.07 Lakh (FY 2025) | Thane, Maharashtra, India | ||||
| Ardent Barter Private Limited | ₹3 Lakh (FY 2015) | Kolkata, West Bengal, India | ||||
| Ideal Textile Machinery Components Pvt Ltdthis company | ₹2.99 Lakh (FY 2023) | ₹2.01 Lakh | 67.2% | 33.0% | Ahmedabad, Gujarat, India | |
| Ascent Cast Tech Private Limited | ₹2.8 Lakh (FY 2024) | -94.0% | Pune, Maharashtra, India | |||
| Kriswik Industrial Engineering and Services Private Limited | ₹2.74 Lakh (FY 2024) | -49.0% | Vengaivasal, Tamil Nadu, India | |||
| R K Spindle Manufacturers Private Limited | ₹2.7 Lakh (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Oriental Precision Components Private Limited | ₹2.65 Lakh (FY 2021) | -78.0% | Bangalore, Karnataka, India | |||
| Focus & Fe Tech India Private Limited | ₹2.65 Lakh (FY 2025) | 1937.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Ideal Textile Machinery Components Pvt Ltd, buy the company report.
Auditor
Ideal Textile Machinery Components Pvt Ltd is audited by KHANDHAR MEHTA & SHAH for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHANDHAR MEHTA & SHAH | FY 2020 | 125512W |
Shareholding
The shareholding of Ideal Textile Machinery Components Pvt Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ideal Textile Machinery Components Pvt Ltd, buy the company report.
Legal cases
Ideal Textile Machinery Components Pvt Ltd has 2 court cases on record: 2 filed by Ideal Textile Machinery Components. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Interim or miscellaneous application | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ideal Textile Machinery Components Pvt Ltd, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ideal Textile Machinery Components Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ideal Textile Machinery Components Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ideal Textile Machinery Components Pvt Ltd has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Subhadraben Ramanlal Shah ceased to be Director on 09 Nov 2022.
Frequently asked questions
Ideal Textile Machinery Components has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ideal Textile Machinery Components was a private limited company based in Ahmedabad, Gujarat, India. The company worked in industrial machine tools, within the machinery and equipment industry. It was incorporated on 16 June 1972 and is registered under CIN U29259GJ1972PTC002108. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ideal Textile Machinery Components was incorporated on 16 June 1972. It is registered with the Registrar of Companies, Ahmedabad.
Ideal Textile Machinery Components had 2 directors:
- Raji Bharatbhai Shah - Director
- Khushi Bharatbhai Shah - Director
The CIN (Corporate Identification Number) of Ideal Textile Machinery Components is U29259GJ1972PTC002108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ideal Textile Machinery Components is at Plot No.942 G.I.D.C Industrial Estate Phase – 1 Vatva, Ahmedabad, Gujarat, India – 382445.
Ideal Textile Machinery Components can be reached through the website idealsheet.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Ideal Textile Machinery Components on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
Ideal Textile Machinery Components operated in the machinery and equipment industry, in the industrial machine tools segment.
The peers of Ideal Textile Machinery Components by revenue are Emmar Machine Tools Private Limited, Apex Industries Pvt Ltd, Manash Machine Tools Private Limited, Metacore Drilling Solutions Private Limited, Ardent Barter Private Limited and 5 more, all in the Machinery and Equipment industry (Machine Tools).
Ideal Textile Machinery Components has 2 court cases on record: 2 filed by the company.
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