Adivan Textiles Pvt Ltd
About Adivan Textiles Pvt Ltd
Data last updated:
Adivan Textiles Pvt Ltd is a private limited company based in Surat, Gujarat, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 09 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1991PTC016232. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹22.77 Lakh. It is led by directors including Balvantrai Somabhai Contractor and Paresh Harshadrai Contractor.
Its last annual general meeting (AGM) was held on 20 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 2/714 S K Associatesudhna Darwaja Ring Road, Surat, Gujarat, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹15,000. For the same year it recorded EBITDA of ₹862 (EBITDA margin 5.7%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years.
As per MCA filings, the company has open charges of ₹69.07 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Adivan Textiles Pvt Ltd's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address2/714 S K Associatesudhna Darwaja Ring Road, Surat, Gujarat, India
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of Adivan Textiles 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 Adivan Textiles Pvt Ltd
FY 2019 filings availableAdivan Textiles Pvt Ltd reported revenue of ₹15,000 for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 66% over three years. EBITDA rose 105% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹15,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹862 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | |||||
| 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 Adivan Textiles Pvt Ltd, buy the company report.
Board of directors of Adivan Textiles Pvt Ltd
Adivan Textiles has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balvantrai Somabhai Contractor | Director | 01 Dec 2005 | 20 Years 10 Months | Current |
| Paresh Harshadrai Contractor Also directs: Shashi Polymers Pvt Ltd | Director | 28 Dec 1993 | 32 Years 10 Months | Current |
| Hinalben Balvantrai Contractor | Director | 01 Aug 2003 | 23 Years 2 Months | Current |
| Shashikalaben Balvantrai Contractor | Director | 28 Dec 1993 | 32 Years 10 Months | Current |
| Jashvantiben Harshadrai Contractor | Director | 28 Dec 1993 | 32 Years 10 Months | Current |
Peer comparison
Adivan Textiles Pvt Ltd is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashray Vyapaar Private Limited | ₹15,130 (FY 2025) | -50.0% | Kolkata, West Bengal, India | |||
| Sunderkraft Clothing Private Limited | ₹15,117 (FY 2024) | -93.0% | New Delhi, Delhi, India | |||
| Midas Touch Export Private Limited | ₹15,081 (FY 2018) | -100.0% | Mumbai, Maharashtra, India | |||
| Adivan Textiles Pvt Ltdthis company | ₹15,000 (FY 2019) | Surat, Gujarat, India | ||||
| Nine Enterprises Private Limited | ₹15,000 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Shree Venkateshwar Synthetics Private Limited | ₹15,000 (FY 2025) | -96.0% | Mumbai, Maharashtra, India | |||
| Paul Garments Private Limited | ₹15,000 (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| Lyrebirds Textiles Private Limited | ₹15,000 (FY 2025) | 15.0% | Howrah, West Bengal, India | |||
| Bina Knitwears Pvt Ltd | ₹15,000 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Diamond Liquors Private Limited | ₹15,000 (FY 2025) | -100.0% | Ludhiana, Punjab, India | |||
| Smart Electric Motor Limited | ₹15,000 (FY 2025) | -91.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Adivan Textiles Pvt Ltd, buy the company report.
Shareholding
The shareholding of Adivan Textiles Pvt Ltd is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Adivan Textiles Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2004 | 90095368 | Karnatata Bank Ltd | ₹44.07 Lakh | Open | |
| 02 Jan 2001 | 90095206 | Karnataka Bank Limited | ₹25 Lakh | Open |
To see the full charge records of Adivan Textiles Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Adivan Textiles Pvt Ltd 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 Adivan Textiles Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adivan Textiles has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Adivan Textiles Pvt Ltd, buy the company report.
Recent activity
Adivan Textiles Pvt Ltd has 5 board changes on record since 1993: 5 appointments. The latest: Balvantrai Somabhai Contractor was appointed as Director on 01 Dec 2005.
Frequently asked questions
Adivan Textiles is an active private limited company based in Surat, Gujarat, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 09 September 1991 (35+ years old) and is registered under CIN U17110GJ1991PTC016232.
Adivan Textiles has 5 current directors:
- Balvantrai Somabhai Contractor - Director
- Paresh Harshadrai Contractor - Director
- Hinalben Balvantrai Contractor - Director
- Shashikalaben Balvantrai Contractor - Director
- Jashvantiben Harshadrai Contractor - Director
The latest financial statements of Adivan Textiles on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 20 July 2019. Year-wise statements from 2015 are in the company report.
No. Adivan Textiles has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Adivan Textiles is U17110GJ1991PTC016232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adivan Textiles was incorporated on 09 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Adivan Textiles by revenue are Ashray Vyapaar Private Limited, Sunderkraft Clothing Private Limited, Midas Touch Export Private Limited, Nine Enterprises Private Limited, Shree Venkateshwar Synthetics Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Balvantrai Somabhai Contractor was appointed as Director on 01 Dec 2005. Hinalben Balvantrai Contractor was appointed as Director on 01 Aug 2003. Jashvantiben Harshadrai Contractor was appointed as Director on 28 Dec 1993. Adivan Textiles has 5 board changes on record in total.
The registered office of Adivan Textiles is at 2714 S K Associatesudhna Darwaja Ring Road, Surat, Gujarat, India.
Adivan Textiles operates in the apparel and fashion industry, in the leather segment.
Adivan Textiles has open charges of ₹69.07 Lakh and no satisfied charges on record as per latest MCA filings.