- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000302

About Aastha Spintex Limited
Data last updated:
Aastha Spintex Limited is a public limited company based in Halvad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2013PLC076361. Its GSTIN is 24AALCA9242J1ZG (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 544808 and NSE: AASTHA.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹31.64 Cr. It is led by directors including Divyang Jashwant Patel (Managing Director) and Vivek Rasiklal Gothi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Survey No 1441 1442 1448/1 1449 1450/2 P2 & 1443/P2, Halvad Maliya High Way, Gujarat, India – 363330.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹442.64 Cr, a growth of 26.1% compared to the previous year. For the same year it recorded a net profit of ₹23.74 Cr (net margin 5.4%) and EBITDA of ₹53.17 Cr (EBITDA margin 12%). The net worth stands at ₹160.39 Cr (up 31.4% YoY). Total assets are valued at ₹267.67 Cr (up 22.8% YoY).
The company has about 48 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹142.85 Cr and satisfied charges of ₹17 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 52 deals on record (22 secondary share transfers, 22 market trades, 4 funding rounds), with disclosed funding of ₹37.34 Cr; the latest was in September 2026.
Aastha Spintex Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000302). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aasthaspintex.com.
Company details
CIN history
Aastha Spintex has one previous CIN (Corporate Identification Number): U17120GJ2013PTC076361. The current CIN is U17120GJ2013PLC076361, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120GJ2013PLC076361 | Current |
| U17120GJ2013PTC076361 | Previous |
Recognitions & Rankings of Aastha Spintex
Contact details
Aastha Spintex Limited's registered office is in Halvad, Gujarat.
- Registered AddressSurvey No 1441 1442 1448/1 1449 1450/2 P2 & 1443/P2, Halvad Maliya High Way, Gujarat, India – 363330
- IndustryManufacturing, Textile & Fabric Production
- 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 Aastha Spintex Limited
FY 2025-26 filings availableAastha Spintex Limited reported revenue of ₹442.64 Cr (up 26.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 443 | 351 | 305 | 239 | 254 | 185 |
| Revenue growth | +26.1% | +15.2% | +27.4% | -5.8% | +37.7% | - |
| EBITDA | 53.17 | 49.84 | 37.20 | 14.06 | 21.31 | 18.00 |
| EBITDA margin | +12.0% | +14.2% | +12.2% | +5.9% | +8.4% | +9.8% |
| Profit before tax | 33.85 | 32.65 | 21.23 | 1.30 | 12.68 | 4.32 |
| Net profit | 23.74 | 23.48 | 16.29 | 1.06 | 11.71 | 3.59 |
| Net profit margin | +5.4% | +6.7% | +5.3% | +0.4% | +4.6% | +2.0% |
| EPS (₹) | 7.50 | 7.97 | 5.96 | 0.39 | 4.28 | 1.31 |
| Balance sheet | ||||||
| Total assets | 268 | 218 | 160 | 142 | 122 | 130 |
| Net worth | 160 | 122 | 76.38 | 60.01 | 62.83 | 51.13 |
| Total debt | 107 | 95.06 | 82.85 | 81.01 | 59.39 | 78.94 |
| Cash & bank | 9.09 | 11.11 | 6.48 | 6.14 | 4.39 | 18.87 |
| Net working capital | 182 | 144 | 78.82 | 55.95 | 58.12 | 72.19 |
| Cash flow | ||||||
| Cash from operations | 5.36 | (17.82) | 12.93 | 15.47 | 23.77 | 20.35 |
| Cash from investing | (20.80) | (2.68) | (3.94) | (27.84) | (12.61) | (1.17) |
| Cash from financing | 12.90 | 23.71 | (8.66) | 14.22 | (25.65) | (2.26) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|---|
| Revenue | 77.47 | 141 | 141 | 67.76 | 91.91 | 95.02 |
| Revenue growth (YoY) | -15.7% | +48.9% | - | - | - | - |
| Other income | 0.60 | 0.28 | 0.28 | (0.09) | 0.30 | 0.17 |
| Total expenses | 68.36 | 121 | 121 | 62.48 | 84.50 | 79.21 |
| EBITDA | 9.11 | 20.23 | 20.23 | 5.28 | 7.41 | 15.81 |
| EBITDA margin | +11.8% | +14.3% | +14.3% | +7.8% | +8.1% | +16.6% |
| Depreciation | 1.95 | 2.07 | 2.07 | 1.79 | 2.04 | 2.02 |
| Interest | 2.94 | 3.42 | 3.42 | 2.78 | 2.52 | 2.58 |
| Profit before tax | 4.82 | 15.02 | 15.02 | 0.62 | 3.15 | 11.38 |
| Tax | 1.73 | 4.24 | 4.24 | 0.77 | 0.88 | 3.32 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|---|
| Revenue | 77.47 | 141 | 141 | 67.76 | 91.91 | 95.02 |
| Revenue growth (YoY) | -15.7% | +48.9% | - | - | - | - |
| Other income | 0.60 | 0.28 | 0.28 | (0.09) | 0.30 | 0.17 |
| Total expenses | 68.36 | 121 | 121 | 62.48 | 84.50 | 79.21 |
| EBITDA | 9.11 | 20.23 | 20.23 | 5.28 | 7.41 | 15.81 |
| EBITDA margin | +11.8% | +14.3% | +14.3% | +7.8% | +8.1% | +16.6% |
| Depreciation | 1.95 | 2.07 | 2.07 | 1.79 | 2.04 | 2.02 |
| Interest | 2.94 | 3.42 | 3.42 | 2.78 | 2.52 | 2.58 |
| Profit before tax | 4.82 | 15.02 | 15.02 | 0.62 | 3.15 | 11.38 |
| Tax | 1.73 | 4.24 | 4.24 | 0.77 | 0.88 | 3.32 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 443 | 351 | 305 | 239 | 254 | 185 |
| Revenue growth | +26.1% | +15.2% | +27.4% | -5.8% | +37.7% | - |
| Other income | 0.76 | 1.01 | 0.81 | 0.43 | 3.04 | 0.37 |
| Total expenses | 389 | 301 | 268 | 225 | 233 | 167 |
| Employee cost | 7.74 | 7.30 | 6.52 | 6.86 | 6.46 | 6.34 |
| EBITDA | 53.17 | 49.84 | 37.20 | 14.06 | 21.31 | 18.00 |
| EBITDA margin | +12.0% | +14.2% | +12.2% | +5.9% | +8.4% | +9.8% |
| Depreciation | 7.96 | 8.05 | 6.27 | 5.80 | 5.57 | 5.48 |
| Interest | 12.12 | 10.15 | 10.51 | 7.39 | 6.10 | 8.57 |
| Profit before tax | 33.85 | 32.65 | 21.23 | 1.30 | 12.68 | 4.32 |
| Tax | 10.11 | 9.17 | 4.94 | 0.24 | 0.97 | 0.73 |
| Net profit | 23.74 | 23.48 | 16.29 | 1.06 | 11.71 | 3.59 |
| Net profit margin | +5.4% | +6.7% | +5.3% | +0.4% | +4.6% | +2.0% |
| EPS (₹) | 7.50 | 7.97 | 5.96 | 0.39 | 4.28 | 1.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 31.64 | 29.94 | 27.31 | 27.31 | 27.31 | 27.31 |
| Reserves & surplus | 129 | 92.08 | 49.07 | 32.70 | 35.52 | 23.82 |
| Shareholders' funds (net worth) | 160 | 122 | 76.38 | 60.01 | 62.83 | 51.13 |
| Secured loans | 55.69 | 70.34 | 65.42 | 74.28 | 52.87 | 65.49 |
| Unsecured loans | 51.03 | 24.72 | 17.43 | 6.73 | 6.52 | 13.45 |
| Total debt | 107 | 95.06 | 82.85 | 81.01 | 59.39 | 78.94 |
| Total liabilities | 268 | 218 | 160 | 142 | 122 | 130 |
| Assets | ||||||
| Gross block | 139 | 139 | 137 | 117 | 94.66 | 93.65 |
| Net block | 73.23 | 80.80 | 87.50 | 73.21 | 56.78 | 61.17 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 16.87 | 11.51 | 0.00 |
| Investments | 20.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 155 | 119 | 56.46 | 44.38 | 52.78 | 48.83 |
| Sundry debtors | 56.20 | 39.07 | 72.69 | 14.89 | 11.70 | 18.62 |
| Cash & bank balances | 9.09 | 11.11 | 6.48 | 6.14 | 4.39 | 18.87 |
| Loans & advances | 25.36 | 23.85 | 16.52 | 16.66 | 17.55 | 13.15 |
| Total current assets | 246 | 193 | 152 | 82.07 | 86.42 | 99.47 |
| Total current liabilities | 64.22 | 48.90 | 73.33 | 26.12 | 28.30 | 27.28 |
| Net working capital | 182 | 144 | 78.82 | 55.95 | 58.12 | 72.19 |
| Total assets | 268 | 218 | 160 | 142 | 122 | 130 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 9.69 | 6.48 | 6.14 | 4.29 | 18.87 | 1.95 |
| Net cash from operating activities | 5.36 | (17.82) | 12.93 | 15.47 | 23.77 | 20.35 |
| Net cash from investing activities | (20.80) | (2.68) | (3.94) | (27.84) | (12.61) | (1.17) |
| Net cash from financing activities | 12.90 | 23.71 | (8.66) | 14.22 | (25.65) | (2.26) |
| Net change in cash | (2.54) | 3.21 | 0.34 | 1.86 | (14.48) | 16.92 |
| Closing cash | 9.09 | 11.11 | 6.48 | 6.14 | 4.39 | 18.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +26.1% | +15.2% | +27.4% | -5.8% | +37.7% | - |
| EBITDA growth | +6.7% | +34.0% | +164.6% | -34.0% | +18.4% | - |
| PBT growth | +3.7% | +53.8% | +1533.1% | -89.8% | +193.5% | +9997.0% |
| Net income growth | +1.1% | +44.1% | +1436.8% | -91.0% | +226.2% | - |
| Revenue CAGR (3Y) | +22.8% | +11.4% | +18.2% | - | - | - |
| EBITDA CAGR (3Y) | +55.8% | +32.7% | +27.4% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +5.4% | +6.7% | +5.3% | +0.4% | +4.6% | +2.0% |
| Return on capital employed | +18.9% | +22.7% | +21.1% | +6.6% | +14.9% | +9.9% |
| Return on net worth | +16.8% | +23.8% | +23.9% | +1.7% | +20.5% | +7.0% |
| Debt / equity | 0.71 | 0.90 | 1.20 | 1.14 | 1.21 | 1.54 |
| Long-term debt / equity | 0.16 | 0.31 | 0.55 | 0.51 | 0.53 | 0.72 |
| Interest cover | 26.81 | 24.29 | 33.98 | 89.47 | 38.75 | 68.45 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 3.18 | 2.54 | 2.40 | 2.26 | 2.70 | 1.97 |
| Inventory turnover | 3.23 | 4.01 | 6.05 | 4.93 | 5.00 | 3.78 |
| Debtors turnover | 9.29 | 6.28 | 6.96 | 18.00 | 16.76 | 9.91 |
| EPS (₹) | 7.50 | 7.97 | 5.96 | 0.39 | 4.28 | 1.31 |
| Dividend per share (₹) | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 50.69 | 41.25 | 27.97 | 21.97 | 23.01 | 18.72 |
To see the full year-wise statements and ratios of Aastha Spintex Limited, buy the company report.
Board of directors and KMP of Aastha Spintex Limited
Aastha Spintex Limited currently reports 8 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Rasiklal Gothi | Whole-Time Director | 12 Aug 2013 | 13 Years 2 Months | Current |
| Tushar Dhirubhai Devera Also directs: Asianline International Private Limited | Company Secretary | 01 Sep 2017 | 9 Years 2 Months | Current |
| Pankajbhai Chaturbhai Amrutiya | Director | 06 Nov 2024 | 2 Years 0 Months | Current |
| Jashwant Valjibhai Patel | Director | 15 Jan 2014 | 12 Years 9 Months | Current |
| Indira Suresh Vora | Director | 16 Jul 2025 | 1 Years 3 Months | Current |
| Divyang Jashwant Patel | Managing Director | 12 Aug 2013 | 13 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2023 | 100685004 | Others | ₹62.33 Cr | Open | |
| 25 Jul 2022 | 100603137 | Others | ₹15.07 Cr | Open | |
| 20 Jun 2022 | 100593300 | Others | ₹3.12 Cr | Open | |
| 31 Jul 2014 | 10512702 | Others | ₹62.33 Cr | Open | |
| 02 Aug 2024 | 100962624 | Others | ₹4 Cr | Satisfied |
To see the full charge records of Aastha Spintex Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Aastha Spintex Limited has 52 deals on record (22 secondary share transfers, 22 market trades, 4 funding rounds), with disclosed funding of ₹37.34 Cr; the latest was in September 2026.
Deals on record (5 of 52)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹19.65 Cr | Buyer: L7 Hitech Private Limited , an individual Seller: L7 Hitech Private Limited , Bloomcrest Trade Private Limited, Vaxfab Enterprises Limited , an individual |
| Sep 2026 | Market trade | ₹20.23 Cr | Buyer: L7 Hitech Private Limited , an individual Seller: Vaxfab Enterprises Limited , L7 Hitech Private Limited , 2 individuals |
| Sep 2026 | Market trade | ₹7.73 Cr | Buyer: L7 Hitech Private Limited , an individual Seller: L7 Hitech Private Limited , an individual |
| Sep 2026 | Market trade | ₹1.8 Cr | Buyer: L7 Hitech Private Limited Seller: L7 Hitech Private Limited |
| Sep 2026 | Market trade | ₹2.23 Cr | Buyer: Vaxfab Enterprises Limited |
To see the full deal history of Aastha Spintex Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aastha Spintex 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, Surendranagar, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Aastha Spintex 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.
Credit ratings & regulatory alerts
Aastha Spintex Limited was last rated by Crisil on 13 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Aug 2020 |
To see the full credit ratings and regulatory alerts of Aastha Spintex Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aastha Spintex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aastha Spintex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA9242J1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aastha Spintex Limited, buy the company report.
Recent activity
Aastha Spintex Limited has 21 board changes on record since 2013: 9 appointments and 12 cessations. The latest: Pankajbhai Chaturbhai Amrutiya ceased to be Additional Director on 26 Sep 2025.
29 earlier events are in the company report.
News
Frequently asked questions
Aastha Spintex is an active public limited company based in Halvad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 August 2013 (13+ years old) and is registered under CIN U17120GJ2013PLC076361. Listed on BSE: 544808 and NSE: AASTHA.
Aastha Spintex reported revenue of ₹442.64 Cr for FY 2025-26 (up 26.1% YoY) based on standalone financials.
Aastha Spintex has 9 current directors and KMP:
- Divyang Jashwant Patel - Managing Director
- Vivek Rasiklal Gothi - Whole-Time Director
- Pankajbhai Chaturbhai Amrutiya - Director
- Jashwant Valjibhai Patel - Director
- Indira Suresh Vora - Director
- Anant Bharatbhai Bhatt - Director
- Shyamsunder Kiranbhai Panchal - Director
- Rukaiya Mufazzal Shakir - Director
- Tushar Dhirubhai Devera - Company Secretary
The latest financial statements of Aastha Spintex on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aastha Spintex is 24AALCA9242J1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Aastha Spintex is U17120GJ2013PLC076361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Aastha Spintex is a listed company as per MCA records. Its shares are listed on both BSE (code: 544808) and NSE (symbol: AASTHA).
Aastha Spintex has 1 court case on record: 1 filed against it.
Aastha Spintex was incorporated on 12 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aastha Spintex has 52 deals on record (22 secondary share transfers, 22 market trades, 4 funding rounds), with disclosed funding of ₹37.34 Cr; the latest was in September 2026.

