MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-06-0004724
Akshar Fabrics Pvt Ltd
Akshar Fabrics Pvt Ltd - manufacturing in Ankleshwar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.78 Cr
▼ 44% YoY
Net profit · FY 2025
₹1.83 Cr
Net margin 11.6%
EBITDA · FY 2025
₹2.62 Cr
EBITDA margin 16.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹52.7 Cr
Satisfied ₹18.89 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
74
Provident fund records
About Akshar Fabrics Pvt Ltd
Data last updated:
Akshar Fabrics Pvt Ltd is a private limited company based in Ankleshwar, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1991PTC016031. Its GSTIN is 24AAACA4788N1ZA (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Veena Jain and Praveen Kumar Sukhpal Singh Jain.
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 Plot No 306 G I D C. Opp. Old Fire Station, Ankleshwar, Gujarat, India – 393002.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.78 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Cr (net margin 11.6%) and EBITDA of ₹2.62 Cr (EBITDA margin 16.6%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
The company has about 74 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52.7 Cr and satisfied charges of ₹18.89 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 2 cases are pending.
Akshar Fabrics Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0004724). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17119GJ1991PTC016031
Registration Number 016031
Incorporation Date 29 July 1991
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-06-0004724
Key People
Veena Jain Director Praveen Kumar Sukhpal Singh Jain Director Nishant Praveen Jain Director Recognitions & Rankings of Akshar Fabrics
Contact details
Akshar Fabrics Pvt Ltd's registered office is in Ankleshwar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 306 G I D C. Opp. Old Fire Station, Ankleshwar, Gujarat, India – 393002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Akshar Fabrics Pvt Ltd, buy the company report.
Comprehensive company report
Akshar Fabrics Pvt 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
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Business activity
The main business activity of Akshar Fabrics 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 Akshar Fabrics Pvt Ltd, buy the company report.
Financials of Akshar Fabrics Pvt Ltd
FY 2025 filings availableAkshar Fabrics Pvt Ltd reported revenue of ₹15.78 Cr (down 44% YoY) for FY 2025.
Revenue · FY 2025
₹15.78 Cr ▼ 44%
Net profit · FY 2025
₹1.83 Cr margin 11.6%
EBITDA · FY 2025
₹2.62 Cr margin 16.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 21%
5 years · compounded
▼ 18%
EBITDA CAGR growth
3 years · compounded
▲ 94%
5 years · compounded
▼ 19%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 44% fall 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 | ₹15.78 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.83 Cr | ||||
| 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 | 16.6% | ||||
| Net Profit Margin | 11.6% | ||||
| 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 Akshar Fabrics Pvt Ltd, buy the company report.
Board of directors of Akshar Fabrics Pvt Ltd
Akshar Fabrics has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veena Jain | Director | 08 Jan 2025 | 1 Years 9 Months | Current |
| Praveen Kumar Sukhpal Singh Jain | Director | 06 May 2024 | 2 Years 5 Months | Current |
| Nishant Praveen Jain | Director | 06 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Akshar Fabrics Pvt Ltd is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Euro-Suits Manufacturing Co Private Limited | ₹15.87 Cr (FY 2024) | -48.0% | Chikkaballapur, Karnataka, India | |||
| Meenu Prints Private Limited | ₹15.87 Cr (FY 2025) | -4.0% | Surat, Gujarat, India | |||
| Super Fashion Fastners Pvt Ltd | ₹15.85 Cr (FY 2024) | -12.0% | New Delhi, Delhi, India | |||
| K M S Mill Private Limited | ₹15.85 Cr (FY 2024) | 16.0% | Pallipalayam, Tamil Nadu, India | |||
| Vinayak Textile Processors Private Limited | ₹15.84 Cr (FY 2025) | -5.0% | Sangli, Maharashtra, India | |||
| Akshar Fabrics Pvt Ltdthis company | ₹15.78 Cr (FY 2025) | ₹1.83 Cr | 11.6% | -44.0% | 74 | Ankleshwar, Gujarat, India |
To see the full peer comparison of Akshar Fabrics Pvt Ltd, buy the company report.
Auditor
Akshar Fabrics Pvt Ltd is audited by G H R & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G H R & CO. | FY 2023 | 132149W |
Shareholding
The shareholding of Akshar Fabrics Pvt 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 Akshar Fabrics Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹52.7 Cr
Satisfied charges
₹18.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2025 | 101110870 | The Sutex Co-Operative Bank Ltd. | ₹26.35 Cr | Open | |
| 16 Apr 2025 | 101092763 | The Sutex Co-Operative Bank Ltd. | ₹26.35 Cr | Open | |
| 15 Feb 2021 | 100418093 | Axis Bank Limited | ₹15.57 Lakh | Satisfied | |
| 27 Jun 2008 | 10111651 | Bank of Baroda | ₹3 Cr | Satisfied | |
| 05 Sep 2007 | 10071154 | Bank of Baroda | ₹3 Cr | Satisfied |
To see the full charge records of Akshar Fabrics Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Akshar Fabrics Pvt Ltd has 7 court cases on record: 7 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed against the company
7
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by Darshan Pravinkumar Thakkar Autho Of.Liomine Organics Pvt Ltd | Pending |
| NCLT, NCLT Ahmedabad | Insolvency matter | Filed against the company by Shree Hari Coal Corporation | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by Darshan Pravinkumar Thakkar Autho Of.Liomine Organics Pvt Ltd | Disposed |
| Supreme Court | Court case (0419-Indirect Taxes Matters : Interpretation of the Central Excise Act & the rules) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Sheetal Drape I Pvt Ltd and 1 other | Disposed |
To see the full case history of Akshar Fabrics Pvt 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akshar Fabrics Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akshar Fabrics Pvt Ltd has a workforce of 74 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
74
Active EPFO establishments
1
Employee growth
1.37%
GST
Akshar Fabrics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACA4788N1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akshar Fabrics Pvt Ltd, buy the company report.
Recent activity
Akshar Fabrics Pvt Ltd has 19 board changes on record since 2009: 3 appointments and 16 cessations. The latest: Veena Praveen Kumar Jain ceased to be Additional Director on 29 Sep 2025.
AGM
Akshar Fabrics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Veena Praveen Kumar Jain ceased to be Additional Director.
Ceased
Jahangirkhan Hamidkhan Pathan ceased to be Director.
Charges
A charge registered on 15 Feb 2021 via Charge ID 100418093 with Axis Bank Limited was fully satisfied on 25 Aug 2025.
Charges
A charge with The Sutex Co-Operative Bank Ltd. amounted to Rs. 26.35 Cr with Charge ID 101110870 was registered on 11 Jun 2025.
Charges
A charge registered on 27 Aug 2007 via Charge ID 10071579 with Others was fully satisfied on 22 May 2025.
Charges
A charge with The Sutex Co-Operative Bank Ltd. amounted to Rs. 26.35 Cr with Charge ID 101092763 was registered on 16 Apr 2025.
Filing
Akshar Fabrics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Abdulgani Mahmadbhai Rangrej ceased to be Director.
Ceased
Chonderkumar Gerimal Narang ceased to be Whole-Time Director.
Appointed
Veena Jain was appointed as Director.
Ceased
Nishant Praveen Jain ceased to be Additional Director.
24 earlier events are in the company report.
Frequently asked questions
Akshar Fabrics is an active private limited company based in Ankleshwar, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 July 1991 (35+ years old) and is registered under CIN U17119GJ1991PTC016031.
Akshar Fabrics has 3 current directors:
- Veena Jain - Director
- Praveen Kumar Sukhpal Singh Jain - Director
- Nishant Praveen Jain - Director
The latest financial statements of Akshar Fabrics 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 Akshar Fabrics is 24AAACA4788N1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Akshar Fabrics is U17119GJ1991PTC016031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshar Fabrics has 7 court cases on record: 7 filed against it. 2 are pending. Most are in the district courts.
Akshar Fabrics was incorporated on 29 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Akshar Fabrics by revenue are Euro-Suits Manufacturing Co Private Limited, Meenu Prints Private Limited, Super Fashion Fastners Pvt Ltd, K M S Mill Private Limited, Vinayak Textile Processors Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Veena Praveen Kumar Jain ceased to be Additional Director on 29 Sep 2025. Jahangirkhan Hamidkhan Pathan ceased to be Director on 18 Sep 2025. Abdulgani Mahmadbhai Rangrej ceased to be Director on 08 Jan 2025. Akshar Fabrics has 19 board changes on record in total.
Yes, Akshar Fabrics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-06-0004724).
The registered office of Akshar Fabrics is at Plot No 306 G I D C. Opp. Old Fire Station, Ankleshwar, Gujarat, India – 393002.
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