Apple Corp Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U52190GJ1988PLC010377 Incorporated 18 February 1988 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company manufacturing MSME
Data last updated
Revenue · FY 2024
₹56.36 Cr
▼ 39% YoY
Net profit · FY 2024
₹26.62 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹3.67 Cr
EBITDA margin 6.5%
Authorised capital
₹62 Lakh
Registered with MCA
Paid-up capital
₹62 Lakh
Issued & subscribed
Open charges
₹13.34 Cr
Satisfied ₹1.5 Cr
Company age
38 yrs
Est. 1988
Directors on board
3
As per MCA filings

About Apple Corp Limited

Data last updated:

Apple Corp Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 February 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52190GJ1988PLC010377. Its GSTIN is 24AAACR9094G1Z7 (Gujarat).

The company has an authorised share capital of ₹62 Lakh and a paid-up capital of ₹62 Lakh. It was formerly known as Royal Blends Limited and Royal Blends Private Limited. It is led by directors including Nikunj Arvind Jalan and Vimla Chandiprasad Jalan.

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 223 New Cloth Market O/S Raipur Gate, Ahmedabad, Gujarat, India – 380002.

As per the financials filed for FY 2024, the company reported a revenue of ₹56.36 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹26.62 Lakh (net margin 0.5%) and EBITDA of ₹3.67 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 11% over five years.

As per MCA filings, the company has open charges of ₹13.34 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.

Apple Corp Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0054433). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U52190GJ1988PLC010377
Registration Number 010377
Incorporation Date 18 February 1988
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 MSME
Udyam Registration UDYAM-GJ-01-0054433

Name history

Apple Corp has undergone 2 name changes throughout its history. The company was previously known as Royal Blends Limited, and Royal Blends Private Limited. The current legal name is Apple Corp Limited.

Company NameStatus
Apple Corp LimitedCurrent
Royal Blends LimitedPrevious
Royal Blends Private LimitedPrevious

CIN history

Apple Corp has one previous CIN (Corporate Identification Number): U17119GJ1988PLC010377. The current CIN is U52190GJ1988PLC010377, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U52190GJ1988PLC010377Current
U17119GJ1988PLC010377Previous

Recognitions & Rankings of Apple Corp

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-01-0054433

Contact details

Apple Corp Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    223 New Cloth Market O/S Raipur Gate, Ahmedabad, Gujarat, India – 380002
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Apple Corp Limited, buy the company report.

Comprehensive company report
Apple Corp 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 Apple Corp is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Apple Corp Limited, buy the company report.

Financials of Apple Corp Limited

FY 2025 filings available

Apple Corp Limited reported revenue of ₹56.36 Cr (down 39% YoY) for FY 2024.

Revenue · FY 2024
₹56.36 Cr ▼ 39%
Net profit · FY 2024
₹26.62 Lakh margin 0.5%
EBITDA · FY 2024
₹3.67 Cr margin 6.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 21%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 37%
5 years · compounded
▲ 21%

Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 35% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹3.67 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.62 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.5%
Net Profit Margin0.5%
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 Apple Corp Limited, buy the company report.

Board of directors of Apple Corp Limited

Apple Corp has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nikunj Arvind JalanDirector08 Mar 20188 Years 7 MonthsCurrent
Vimla Chandiprasad JalanDirector05 Sep 200818 Years 1 MonthsCurrent
Arvindkumar Chandiprasad JalanDirector18 Feb 198838 Years 8 MonthsCurrent

Auditor

Apple Corp Limited is audited by A S GUPTA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A S GUPTA & ASSOCIATESFY 2023116882W

Shareholding

The shareholding of Apple Corp Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Apple Corp Limited, buy the company report.

Charges & borrowings

Open charges
₹13.34 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Others₹13.34 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Sep 2020100376408Others₹1.39 CrOpen
26 Sep 2017100132572Others₹11.95 CrOpen
24 Mar 200810097852Bank of India Limited₹1.5 CrSatisfied

To see the full charge records of Apple Corp Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Apple Corp Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Apple Corp has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACR9094G1Z7GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Apple Corp Limited, buy the company report.

Recent activity

Apple Corp Limited has 5 board changes on record since 1988: 3 appointments and 2 cessations. The latest: Chandiprasad Chotelal Jalan ceased to be Director on 27 Dec 2018.

AGM
Apple Corp Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Apple Corp Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 1,195.00 Lakh registered on 26 Sep 2017 with Charge ID 100132572 was modified on 30 Nov 2022.
Charges
A charge with Others of Rs. 138.70 Lakh registered on 18 Sep 2020 with Charge ID 100376408 was modified on 24 Dec 2021.
Charges
A charge with Others amounted to Rs. 138.70 Lakh with Charge ID 100376408 was registered on 18 Sep 2020.
Charges
A charge registered on 24 Mar 2008 via Charge ID 10097852 with Bank Of India Limited was fully satisfied on 27 Jan 2020.
Ceased
Chandiprasad Chotelal Jalan ceased to be Director.
Ceased
Nikunj Arvind Jalan ceased to be Additional Director.
Appointed
Nikunj Arvind Jalan was appointed as Director.
Charges
A charge with Others amounted to Rs. 1,195.00 Lakh with Charge ID 100132572 was registered on 26 Sep 2017.
Charges
A charge with Bank Of India Limited of Rs. 150.00 Lakh registered on 24 Mar 2008 with Charge ID 10097852 was modified on 20 May 2014.
Appointed
Vimla Chandiprasad Jalan was appointed as Director.

3 earlier events are in the company report.

Frequently asked questions

Apple Corp is an active public limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 February 1988 (38+ years old) and is registered under CIN U52190GJ1988PLC010377.

Apple Corp has 3 current directors:

The latest financial statements of Apple Corp 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 Apple Corp is 24AAACR9094G1Z7, registered in Gujarat.

The CIN (Corporate Identification Number) of Apple Corp is U52190GJ1988PLC010377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Apple Corp has 4 court cases on record: 4 filed against it.

Apple Corp was incorporated on 18 February 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Chandiprasad Chotelal Jalan ceased to be Director on 27 Dec 2018. Nikunj Arvind Jalan ceased to be Additional Director on 29 Sep 2018. Nikunj Arvind Jalan was appointed as Director on 08 Mar 2018. Apple Corp has 5 board changes on record in total.

Yes, Apple Corp is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0054433).

The registered office of Apple Corp is at 223 New Cloth Market OS Raipur Gate, Ahmedabad, Gujarat, India – 380002.