V-Tex Silk Mills Private Limited
About V-Tex Silk Mills Private Limited
Data last updated:
V-Tex Silk Mills Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 31 October 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51311GJ2001PTC108103. Its GSTIN is 24AAICS5742E1ZF (Gujarat).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹65 Lakh. It was formerly known as Shagun Agencies Private Limited. It is led by directors including Amit Tilokchand Gandhi and Tilokchand Shrikishan Gandhi.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.73 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹4.77 Lakh (net margin 1.7%) and EBITDA of ₹18.75 Lakh (EBITDA margin 6.9%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 20% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
V-Tex Silk Mills has one previous CIN (Corporate Identification Number): U51311MH2001PTC133815. The current CIN is U51311GJ2001PTC108103, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51311GJ2001PTC108103 | Current |
| U51311MH2001PTC133815 | Previous |
Contact details
V-Tex Silk Mills Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressShop No.3097 & 3098 Wing – D 3rd Floor New Textile Market Opp. Navabwadi Begu, Mpura, Surat, Gujarat, India – 395003
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of V-Tex Silk Mills Private Limited, 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
Business activity
The main business activity of V-Tex Silk Mills is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of V-Tex Silk Mills Private Limited, buy the company report.
Financials of V-Tex Silk Mills Private Limited
FY 2025 filings availableV-Tex Silk Mills Private Limited reported revenue of ₹2.73 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 16% fall in the latest year. EBITDA fell 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹18.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.77 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 V-Tex Silk Mills Private Limited, buy the company report.
Board of directors of V-Tex Silk Mills Private Limited
V-Tex Silk Mills has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Tilokchand Gandhi | Director | 25 Sep 2004 | 22 Years 1 Months | Current |
| Tilokchand Shrikishan Gandhi | Director | 03 Feb 2003 | 23 Years 9 Months | Current |
| Priya Tilokchand Gandhi | Director | 03 Feb 2003 | 23 Years 9 Months | Current |
Peer comparison
V-Tex Silk Mills Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asian Consumables India Private Limited | ₹2.75 Cr (FY 2025) | -30.0% | Madurai, Tamil Nadu, India | |||
| V-Tex Silk Mills Private Limitedthis company | ₹2.73 Cr (FY 2025) | ₹4.77 Lakh | 1.7% | -16.0% | 1 | Surat, Gujarat, India |
| Shrirang and Sons Private Limited | ₹2.72 Cr (FY 2025) | -31.0% | Kolhapur, Maharashtra, India | |||
| Akita Enterprises Private Limited | ₹2.72 Cr (FY 2025) | -54.0% | New Delhi, Delhi, India |
To see the full peer comparison of V-Tex Silk Mills Private Limited, buy the company report.
Auditor
V-Tex Silk Mills Private Limited is audited by ANUP ARVIND & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANUP ARVIND & CO | FY 2020 | 132740W |
Shareholding
The shareholding of V-Tex Silk Mills Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of V-Tex Silk Mills Private Limited, buy the company report.
Legal cases
V-Tex Silk Mills Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company | Disposed |
To see the full case history of V-Tex Silk Mills Private Limited, 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 V-Tex Silk Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
V-Tex Silk Mills Private Limited has a workforce of 1 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of V-Tex Silk Mills Private Limited, buy the company report.
GST
V-Tex Silk Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS5742E1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V-Tex Silk Mills Private Limited, buy the company report.
Recent activity
V-Tex Silk Mills Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Deepak Badrinarayan Rathi ceased to be Director on 23 Jul 2018.
Frequently asked questions
V-Tex Silk Mills is an active private limited company based in Surat, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 31 October 2001 (25+ years old) and is registered under CIN U51311GJ2001PTC108103.
V-Tex Silk Mills has 3 current directors:
- Amit Tilokchand Gandhi - Director
- Tilokchand Shrikishan Gandhi - Director
- Priya Tilokchand Gandhi - Director
The latest financial statements of V-Tex Silk Mills 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 V-Tex Silk Mills is 24AAICS5742E1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of V-Tex Silk Mills is U51311GJ2001PTC108103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V-Tex Silk Mills has 1 court case on record: 1 filed against it.
V-Tex Silk Mills was incorporated on 31 October 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of V-Tex Silk Mills by revenue are Asian Consumables India Private Limited, Shrirang and Sons Private Limited, Akita Enterprises Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Deepak Badrinarayan Rathi ceased to be Director on 23 Jul 2018. Amit Tilokchand Gandhi was appointed as Director on 25 Sep 2004. Priya Tilokchand Gandhi was appointed as Director on 03 Feb 2003. V-Tex Silk Mills has 4 board changes on record in total.
The registered office of V-Tex Silk Mills is at Shop No.3097 & 3098 Wing – D 3rd Floor New Textile Market Opp. Navabwadi Begu, Mpura, Surat, Gujarat, India – 395003.
V-Tex Silk Mills operates in the home and lifestyle industry, in the textile retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
