MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-RJ-07-0000033
Ajay (India) Ltd
Ajay (India) Ltd - manufacturing in Bhilwara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹75.98 Cr
▲ 16% YoY
Net profit · FY 2025
₹20.43 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹10.08 Cr
EBITDA margin 13.3%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.27 Cr
Issued & subscribed
Open charges
₹74.35 Cr
Satisfied ₹54.65 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
202
Provident fund records
About Ajay (India) Ltd
Data last updated:
Ajay (India) Ltd is a public limited company based in Bhilwara, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U18102RJ1996PLC011678. Its GSTIN is 08AABCA8929L1Z8 (Rajasthan).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.27 Cr. It is led by directors including Rameshar Lal Kabra (Managing Director) and Ashok Kabra (Whole-Time Director).
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 Guwardi Chittor Roadbhilwara Bhilwara, Rajasthan, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.98 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹20.43 Lakh (net margin 0.3%) and EBITDA of ₹10.08 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The company has about 202 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹74.35 Cr and satisfied charges of ₹54.65 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Ajay (India) Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-07-0000033). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18102RJ1996PLC011678
Registration Number 011678
Incorporation Date 07 March 1996
ROC Jaipur
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 Medium
Udyam Registration UDYAM-RJ-07-0000033
Key People
Rameshar Lal Kabra Managing Director Ashok Kabra Whole-Time Director Akshit Kabra Director Recognitions & Rankings of Ajay (India)
Contact details
Ajay (India) Ltd's registered office is in Bhilwara, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGuwardi Chittor Roadbhilwara Bhilwara, Rajasthan, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ajay (India) Ltd, buy the company report.
Comprehensive company report
Ajay (India) Ltd - 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 Ajay (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Ajay (India) Ltd, buy the company report.
Financials of Ajay (India) Ltd
FY 2025 filings availableAjay (India) Ltd reported revenue of ₹75.98 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹75.98 Cr ▲ 16%
Net profit · FY 2025
₹20.43 Lakh margin 0.3%
EBITDA · FY 2025
₹10.08 Cr margin 13.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 3%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 5%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 16% growth in the latest year. EBITDA fell 5% 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 | ₹10.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.43 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 | 13.3% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Ajay (India) Ltd, buy the company report.
Board of directors of Ajay (India) Ltd
Ajay (India) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshar Lal Kabra Also directs: Rolex Processors Private Limited, Abhay Synfab Private Limited | Managing Director | 07 Mar 1996 | 30 Years 7 Months | Current |
| Ashok Kabra | Whole-Time Director | 05 Aug 2006 | 20 Years 2 Months | Current |
| Akshit Kabra Also directs: Abhay Ethanol Private Limited | Director | 08 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Ajay (India) Ltd is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Premier Tex Products Private Limited | ₹76.24 Cr (FY 2025) | 9.0% | Rajapalayam, Tamil Nadu, India | |||
| Zenith Exports Limited | ₹76.18 Cr (FY 2025) | -11.0% | Kolkata, West Bengal, India | |||
| Keenara Filaments Private Limited | ₹76.11 Cr (FY 2025) | 95.0% | Surat, Gujarat, India | |||
| Ramji Acro Limited | ₹76 Cr (FY 2025) | 22.0% | Punjab, India | |||
| Ajay (India) Ltdthis company | ₹75.98 Cr (FY 2025) | ₹20.43 Lakh | 0.3% | 16.0% | 202 | Bhilwara, Rajasthan, India |
| Sakthi Ganesh Textiles Private Limited | ₹75.93 Cr (FY 2022) | 29.0% | Coimbatore, Tamil Nadu, India | |||
| Ashi Creation Private Limited | ₹75.92 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Bhaarathi Spintex India Private Limited | ₹75.83 Cr (FY 2025) | -9.0% | Kumarapalayam Tk, Tamil Nadu, India |
To see the full peer comparison of Ajay (India) Ltd, buy the company report.
Auditor
Ajay (India) Ltd is audited by O.P. Dad & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O.P. Dad & Co. | FY 2023 | 002330C |
Shareholding
The shareholding of Ajay (India) Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ajay (India) Ltd, buy the company report.
Charges & borrowings
Open charges
₹74.35 Cr
Satisfied charges
₹54.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2025 | 101189116 | Sidbi | ₹1.33 Cr | Open | |
| 07 Nov 2025 | 101189991 | Others | ₹44 Lakh | Open | |
| 08 Jan 2025 | 101028130 | Sidbi | ₹1.55 Cr | Open | |
| 20 Jul 2022 | 100597797 | Others | ₹2 Cr | Open | |
| 07 Jul 2022 | 100589797 | Others | ₹13.5 Cr | Open |
To see the full charge records of Ajay (India) Ltd, buy the company report.
Total charge records: 30 View all charges
Legal cases
Ajay (India) Ltd has 2 court cases on record: 2 filed by Ajay (India). All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against State of Raj. and Ors | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against State of Raj. and Ors | Disposed |
To see the full case history of Ajay (India) 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.
Credit ratings & regulatory alerts
Ajay (India) Ltd was last rated by Care on 28 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 28 Jul 2022 |
To see the full credit ratings and regulatory alerts of Ajay (India) Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ajay (India) Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ajay (India) Ltd has a workforce of 202 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
202
Active EPFO establishments
1
Employee growth
17.44%
GST
Ajay (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCA8929L1Z8 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ajay (India) Ltd, buy the company report.
Recent activity
Ajay (India) Ltd has 8 board changes on record since 1996: 3 appointments and 5 cessations. The latest: Akshit Kabra ceased to be Director Appointed In Casual Vacancy on 26 Sep 2024.
Charges
A charge with Sidbi amounted to Rs. 1.33 Cr with Charge ID 101189116 was registered on 12 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.44 Cr with Charge ID 101189991 was registered on 07 Nov 2025.
AGM
Ajay (India) Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ajay (India) Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Sidbi amounted to Rs. 1.55 Cr with Charge ID 101028130 was registered on 08 Jan 2025.
Charges
A charge with Others of Rs. 24.00 Cr registered on 15 Jun 2005 with Charge ID 90067690 was modified on 16 Nov 2024.
Ceased
Akshit Kabra ceased to be Director Appointed In Casual Vacancy.
Appointed
Akshit Kabra was appointed as Director.
Charges
A charge registered on 05 Jun 2020 via Charge ID 100341850 with Others was fully satisfied on 29 Aug 2023.
Charges
A charge registered on 13 Feb 2018 via Charge ID 100156076 with Others was fully satisfied on 29 Aug 2023.
Charges
A charge registered on 13 Feb 2018 via Charge ID 100156080 with Others was fully satisfied on 29 Aug 2023.
Charges
A charge registered on 09 Apr 2015 via Charge ID 10560200 with Bank Of Baroda was fully satisfied on 29 Aug 2023.
59 earlier events are in the company report.
Frequently asked questions
Ajay (India) is an active public limited company based in Bhilwara, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 March 1996 (30+ years old) and is registered under CIN U18102RJ1996PLC011678.
Ajay (India) has 3 current directors:
- Rameshar Lal Kabra - Managing Director
- Ashok Kabra - Whole-Time Director
- Akshit Kabra - Director
The latest financial statements of Ajay (India) 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 Ajay (India) is 08AABCA8929L1Z8, registered in Rajasthan.
The CIN (Corporate Identification Number) of Ajay (India) is U18102RJ1996PLC011678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ajay (India) has 2 court cases on record: 2 filed by the company.
Ajay (India) was incorporated on 07 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Ajay (India) by revenue are Premier Tex Products Private Limited, Zenith Exports Limited, Keenara Filaments Private Limited, Ramji Acro Limited, Sakthi Ganesh Textiles Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Akshit Kabra ceased to be Director Appointed In Casual Vacancy on 26 Sep 2024. Akshit Kabra was appointed as Director on 08 Mar 2024. Ashok Kabra ceased to be Director on 01 Mar 2017. Ajay (India) has 8 board changes on record in total.
Yes, Ajay (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-07-0000033).
The registered office of Ajay (India) is at Guwardi Chittor Roadbhilwara Bhilwara, Rajasthan, India.