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 of Ajay (India) Ltd
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
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressGuwardi Chittor Roadbhilwara Bhilwara, Rajasthan, India
- IndustryManufacturing, Textile & Fabric Production
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Business Activity of Ajay (India) Ltd
The main business activity of Ajay (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Ajay (India) Ltd FY 2025 filings available
Ajay (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) of Ajay (India) Ltd
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 of Ajay (India) Ltd
| 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 of Ajay (India) Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ajay (India) are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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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 of Ajay (India) Ltd
Ajay (India) Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| 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 |
| Rupal Textile Private Limited | ₹76.19 Cr (FY 2018) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Zenith Exports Limited Listed | ₹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) Ltd this company | ₹75.98 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | 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 |
| SKRK Marketing (India) Private Limited. | ₹75.9 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| Bhaarathi Spintex India Private Limited | ₹75.83 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Kumarapalayam Tk, Tamil Nadu, India |
| Bajrang Cotton Private Limited | ₹75.83 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ajay (India) by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ajay (India) Ltd
Ajay (India) Ltd is audited by O.P. Dad & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| O.P. Dad & Co. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Ajay (India) Ltd
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Ajay (India) Ltd
Open charges
₹74.35 Cr
Satisfied charges
₹54.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2025 | Sidbi | ₹1.33 Cr | Open |
| 07 Nov 2025 | Others | ₹44 Lakh | Open |
| 08 Jan 2025 | Sidbi | ₹1.55 Cr | Open |
| 20 Jul 2022 | Others | ₹2 Cr | Open |
| 07 Jul 2022 | Others | ₹13.5 Cr | Open |
Total charge records: 30 View all charges
Legal Cases of Ajay (India) Ltd
Ajay (India) Ltd has 2 court cases on record: 2 filed by Ajay (India). All cases are disposed. Status as checked on 30 Sep 2026.
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 of Rajasthan | Interim or miscellaneous application | Filed by the company against State of Raj | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against State of Raj | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Ajay (India) Ltd
Ajay (India) Ltd has a workforce of 202 employees as of Apr 06, 2024.
Employee count
202
Active EPFO establishments
1
Employee growth
17.44%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ajay (India) Ltd
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ajay (India) Ltd
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MSME Payment Delays by Ajay (India) Ltd
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Ajay (India) Ltd
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Ajay (India) Ltd
Ajay (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCA8929L1Z8 | Rajasthan | Active | 01 Jul 2017 |
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MCA Filings & Documents of Ajay (India) Ltd
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MCA filings and documents
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Frequently Asked Questions about Ajay (India) Ltd
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) reported revenue of ₹75.98 Cr for FY 2025 (up 16% YoY).
Ajay (India) has 3 current directors:
- Rameshar Lal Kabra - Managing Director
- Ashok Kabra - Whole-Time Director
- Akshit Kabra - Director
Ajay (India) reported a net profit of ₹20.43 Lakh (net margin 0.3%) and EBITDA of ₹10.08 Cr (EBITDA margin 13.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ajay (India) is 3% over three years and 4% over five years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
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, Rupal Textile Private Limited, Zenith Exports Limited, Keenara Filaments Private Limited, Ramji Acro Limited and 5 more, all in the Manufacturing industry (Textiles).
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.