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Altea Enterprises Private Limited - fashion and textile in Vijapur, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.85 Cr
▲ 43% YoY
Net profit · FY 2025
₹1.58 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹19.14 Lakh
EBITDA margin 10.3%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹35 Lakh
Issued & subscribed
Open charges
₹97 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
6
Provident fund records
About Altea Enterprises Private Limited
Data last updated:
Altea Enterprises Private Limited is a private limited company based in Vijapur, Gujarat, India, recognised as a startup by DPIIT. It operates in the workwear and uniforms segment of the fashion and textiles sector. It was incorporated on 27 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51397GJ2020PTC114191. Its GSTIN is 24AATCA6022G1ZR (Gujarat).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Karnav Ashokbhai Patel and Sushmaben Patel Ashokkumar.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Krishna Chemicals Makrani Darwaja Ta. Vijapur, Gujarat, India – 384570.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.85 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹1.58 Lakh (net margin 0.9%) and EBITDA of ₹19.14 Lakh (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹97 Lakh on record.
Altea Enterprises Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0000255). For more details, the company can be reached via its website salvoindia.com.
Company details
CIN U51397GJ2020PTC114191
Registration Number 114191
Incorporation Date 27 June 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-21-0000255
Recognitions & Rankings of Altea Enterprises
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-21-0000255
Contact details
Altea Enterprises Private Limited's registered office is in Vijapur, Gujarat. Its website is salvoindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressKrishna Chemicals Makrani Darwaja Ta. Vijapur, Gujarat, India – 384570
- IndustryFashion and Textile, Workwear & Uniforms
To see the full contact details of Altea Enterprises Private Limited, buy the company report.
Comprehensive company report
Altea Enterprises Private Limited - 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 Altea Enterprises is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Altea Enterprises Private Limited, buy the company report.
Financials of Altea Enterprises Private Limited
FY 2025 filings availableAltea Enterprises Private Limited reported revenue of ₹1.85 Cr (up 43% YoY) for FY 2025.
Revenue · FY 2025
₹1.85 Cr ▲ 43%
Net profit · FY 2025
₹1.58 Lakh margin 0.9%
EBITDA · FY 2025
₹19.14 Lakh margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 85%
Revenue has grown at a compounded annual rate (CAGR) of 1% over three years, including 43% growth in the latest year. EBITDA rose 1% 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 | ₹19.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.58 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 | 10.3% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Altea Enterprises Private Limited, buy the company report.
Board of directors of Altea Enterprises Private Limited
Altea Enterprises has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karnav Ashokbhai Patel Also directs: Hashikesh Healthcare Private Limited | Director | 27 Jun 2020 | 6 Years 4 Months | Current |
| Sushmaben Patel Ashokkumar Also directs: Hashikesh Healthcare Private Limited | Director | 27 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Altea Enterprises Private Limited is audited by K S MEHTA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S MEHTA & ASSOCIATES | FY 2022 | 136799W |
Shareholding
The shareholding of Altea Enterprises Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Altea Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹97 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2022 | 100589570 | State Bank of India | ₹97 Lakh | Open |
To see the full charge records of Altea Enterprises Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Altea Enterprises Private Limited 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 Altea Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Altea Enterprises Private Limited has a workforce of 6 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-50%
GST
Altea Enterprises has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCA6022G1ZR | Gujarat | Active | 27 Jul 2020 |
To see the full GST registrations and return filing status of Altea Enterprises Private Limited, buy the company report.
Recent activity
Altea Enterprises Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Karnav Ashokbhai Patel was appointed as Director on 27 Jun 2020.
AGM
Altea Enterprises Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Altea Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 97.00 Lakh registered on 14 Jun 2022 with Charge ID 100589570 was modified on 12 Sep 2024.
Charges
A charge with State Bank Of India amounted to Rs. 97.00 Lakh with Charge ID 100589570 was registered on 14 Jun 2022.
Appointed
Karnav Ashokbhai Patel was appointed as Director.
Appointed
Sushmaben Patel Ashokkumar was appointed as Director.
Incorporation
27 Jun 2020
Altea Enterprises Private Limited was registered on 27 Jun 2020 with Roc Ahmedabad & aged 6 years 4 months as per MCA records.
Frequently asked questions
Altea Enterprises is an active private limited company based in Vijapur, Gujarat, India. The company works in workwear and uniforms, within the fashion and textile industry. It was incorporated on 27 June 2020 (6+ years old) and is registered under CIN U51397GJ2020PTC114191.
Altea Enterprises has 2 current directors:
- Karnav Ashokbhai Patel - Director
- Sushmaben Patel Ashokkumar - Director
The latest financial statements of Altea Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Altea Enterprises is 24AATCA6022G1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Altea Enterprises is U51397GJ2020PTC114191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altea Enterprises was incorporated on 27 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Karnav Ashokbhai Patel was appointed as Director on 27 Jun 2020. Sushmaben Patel Ashokkumar was appointed as Director on 27 Jun 2020.
Yes, Altea Enterprises is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Altea Enterprises is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-21-0000255).
Altea Enterprises can be reached through the website salvoindia.com. Its registered office is in Vijapur, Gujarat, India.
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