MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0014594
Rishabhsagar Textile Equipments Private Limited
Rishabhsagar Textile Equipments Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹87.59 Lakh
▼ 52% YoY
Net loss · FY 2024
₹6.28 Lakh
Net margin -7.2%
EBITDA · FY 2024
-₹4.37 Lakh
EBITDA margin -5%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.1 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Rishabhsagar Textile Equipments Private Limited
Data last updated:
Rishabhsagar Textile Equipments Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29260GJ2006PTC048028. Its GSTIN is 24AADCR4206R1Z5 (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.1 Lakh. It is led by directors including Pannaben Rajendrabhai Shah and Adit Miten Daftary.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 1324 Phase – III Near Trikampura Patia G.I.D.C Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2024, the company reported a revenue of ₹87.59 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹6.28 Lakh (net margin -7.2%) and EBITDA of -₹4.37 Lakh (EBITDA margin -5%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 14% over five years.
Rishabhsagar Textile Equipments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0014594). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29260GJ2006PTC048028
Registration Number 048028
Incorporation Date 29 March 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0014594
Key People
Pannaben Rajendrabhai Shah Director Adit Miten Daftary Director Rajendrakumar Kantilal Shah Director Recognitions & Rankings of Rishabhsagar Textile Equipments
Contact details
Rishabhsagar Textile Equipments Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 1324 Phase – III Near Trikampura Patia G.I.D.C Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Rishabhsagar Textile Equipments Private Limited, buy the company report.
Comprehensive company report
Rishabhsagar Textile Equipments Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Rishabhsagar Textile Equipments is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Rishabhsagar Textile Equipments Private Limited, buy the company report.
Financials of Rishabhsagar Textile Equipments Private Limited
FY 2025 filings availableRishabhsagar Textile Equipments Private Limited reported revenue of ₹87.59 Lakh (down 52% YoY) for FY 2024.
Revenue · FY 2024
₹87.59 Lakh ▼ 52%
Net loss · FY 2024
₹6.28 Lakh margin -7.2%
EBITDA · FY 2024
-₹4.37 Lakh margin -5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 52%
3 years · compounded
▲ 21%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 184%
3 years · compounded
▼ 45%
5 years · compounded
▼ 21%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 52% fall in the latest year. EBITDA fell 184% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.28 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5% | ||||
| Net Profit Margin | -7.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Rishabhsagar Textile Equipments Private Limited, buy the company report.
Board of directors of Rishabhsagar Textile Equipments Private Limited
Rishabhsagar Textile Equipments has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pannaben Rajendrabhai Shah Also directs: Panna Spin Equipments Private Limited | Director | 29 Mar 2006 | 20 Years 6 Months | Current |
| Adit Miten Daftary Also directs: Panna Spin Equipments Private Limited | Director | 02 Jul 2022 | 4 Years 3 Months | Current |
| Rajendrakumar Kantilal Shah Also directs: Panna Spin Equipments Private Limited | Director | 29 Mar 2006 | 20 Years 6 Months | Current |
Peer comparison
Rishabhsagar Textile Equipments Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Geometrix Robots India Private Limited | ₹87.77 Lakh (FY 2021) | -80.0% | Pune, Maharashtra, India | |||
| Rishabhsagar Textile Equipments Private Limitedthis company | ₹87.59 Lakh (FY 2024) | -₹6.28 Lakh | -7.2% | -52.0% | Ahmedabad, Gujarat, India | |
| Amex Techpro Private Limited | ₹87.52 Lakh (FY 2024) | 3.0% | Delhi, India | |||
| Exzakta Meccanica Limited | ₹86.91 Lakh (FY 2025) | -32.0% | Delhi, India |
To see the full peer comparison of Rishabhsagar Textile Equipments Private Limited, buy the company report.
Auditor
Rishabhsagar Textile Equipments Private Limited is audited by JAYANT H SHAH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYANT H SHAH & CO | FY 2018 | 124600W |
Shareholding
The shareholding of Rishabhsagar Textile Equipments Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rishabhsagar Textile Equipments Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rishabhsagar Textile Equipments Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rishabhsagar Textile Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rishabhsagar Textile Equipments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCR4206R1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rishabhsagar Textile Equipments Private Limited, buy the company report.
Recent activity
Rishabhsagar Textile Equipments Private Limited has 6 board changes on record since 2006: 3 appointments and 3 cessations. The latest: Adit Miten Daftary ceased to be Additional Director on 30 Sep 2022.
AGM
Rishabhsagar Textile Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rishabhsagar Textile Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Adit Miten Daftary ceased to be Additional Director.
Appointed
Adit Miten Daftary was appointed as Director.
Ceased
Manharbhai Maganbhai Gajjar ceased to be Additional Director.
Ceased
Vasant Virjibhai Patel ceased to be Additional Director.
Appointed
Pannaben Rajendrabhai Shah was appointed as Director.
Appointed
Rajendrakumar Kantilal Shah was appointed as Director.
Incorporation
29 Mar 2006
Rishabhsagar Textile Equipments Private Limited was registered on 29 Mar 2006 with Roc Ahmedabad & aged 20 years 6 months as per MCA records.
Frequently asked questions
Rishabhsagar Textile Equipments is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 29 March 2006 (20+ years old) and is registered under CIN U29260GJ2006PTC048028.
Rishabhsagar Textile Equipments has 3 current directors:
- Pannaben Rajendrabhai Shah - Director
- Adit Miten Daftary - Director
- Rajendrakumar Kantilal Shah - Director
The latest financial statements of Rishabhsagar Textile Equipments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rishabhsagar Textile Equipments is 24AADCR4206R1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Rishabhsagar Textile Equipments is U29260GJ2006PTC048028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rishabhsagar Textile Equipments was incorporated on 29 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rishabhsagar Textile Equipments by revenue are Geometrix Robots India Private Limited, Amex Techpro Private Limited, Exzakta Meccanica Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Adit Miten Daftary ceased to be Additional Director on 30 Sep 2022. Adit Miten Daftary was appointed as Director on 02 Jul 2022. Manharbhai Maganbhai Gajjar ceased to be Additional Director on 13 Jan 2017. Rishabhsagar Textile Equipments has 6 board changes on record in total.
Yes, Rishabhsagar Textile Equipments is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0014594).
The registered office of Rishabhsagar Textile Equipments is at Plot No. 1324 Phase – III Near Trikampura Patia G.I.D.C Vatva, Ahmedabad, Gujarat, India – 382445.
Rishabhsagar Textile Equipments operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.