MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-GJ-01-0027396
Artex Apparels Private Limited - fashion and textile in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.4 Cr
▼ 36% YoY
Net loss · FY 2025
₹3.46 Cr
Net margin -27.9%
EBITDA · FY 2025
-₹1.61 Cr
EBITDA margin -13%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10.52 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
4
Provident fund records
About Artex Apparels Private Limited
Data last updated:
Artex Apparels Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the kids wear segment of the fashion and textiles sector. It was incorporated on 12 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17115GJ2020PTC117222. Its GSTIN is 24AAUCA1937H1ZI (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Abhaykumar Babulal Shah and Rakesh Chandulal Mehta.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.4 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹3.46 Cr (net margin -27.9%) and EBITDA of -₹1.61 Cr (EBITDA margin -13%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.52 Cr on record. Court records list 21 cases involving the company, including 11 filed by the company and 10 filed against it; 8 cases are pending.
Artex Apparels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0027396). For more details, the company can be reached via its website artexapparels.com.
Company details
CIN U17115GJ2020PTC117222
Registration Number 117222
Incorporation Date 12 October 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0027396
Key People
Abhaykumar Babulal Shah Director Rakesh Chandulal Mehta Director Karman Prafulkumar Shah Director Recognitions & Rankings of Artex Apparels
Contact details
Artex Apparels Private Limited's registered office is in Ahmedabad, Gujarat. Its website is artexapparels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor 237 – 238 Phase – I, GIDC Naroda, Ahmedabad, Gujarat, India – 382330
- IndustryFashion and Textile, Kids Wear
To see the full contact details of Artex Apparels Private Limited, buy the company report.
Comprehensive company report
Artex Apparels 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 Artex Apparels 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 Artex Apparels Private Limited, buy the company report.
Financials of Artex Apparels Private Limited
FY 2025 filings availableArtex Apparels Private Limited reported revenue of ₹12.4 Cr (down 36% YoY) for FY 2025.
Revenue · FY 2025
₹12.4 Cr ▼ 36%
Net loss · FY 2025
₹3.46 Cr margin -27.9%
EBITDA · FY 2025
-₹1.61 Cr margin -13%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▼ 55%
Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 36% fall in the latest year. EBITDA rose 29% 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 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.46 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13% | ||||
| Net Profit Margin | -27.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Artex Apparels Private Limited, buy the company report.
Board of directors of Artex Apparels Private Limited
Artex Apparels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhaykumar Babulal Shah | Director | 12 Aug 2024 | 2 Years 3 Months | Current |
| Rakesh Chandulal Mehta | Director | 12 Oct 2020 | 6 Years 1 Months | Current |
| Karman Prafulkumar Shah | Director | 12 Oct 2020 | 6 Years 1 Months | Current |
Peer comparison
Artex Apparels Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Kids Wear), 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 |
|---|---|---|---|---|---|---|
| VT Exports Pvt Ltd | ₹14.58 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Kid 'N'kids Garments Private Limited | ₹13.34 Cr (FY 2024) | -5.0% | West Bengal, India | |||
| Tapan Textiles Private Limited | ₹13.12 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Baby World Fashion Private Limited | ₹13.05 Cr (FY 2024) | 3.0% | Kolkata, West Bengal, India | |||
| Greenstitch Apparel Private Limited | ₹12.81 Cr (FY 2024) | -50.0% | Siloda Buzurg, Madhya Pradesh, India | |||
| Artex Apparels Private Limitedthis company | ₹12.4 Cr (FY 2025) | -₹3.46 Cr | -27.9% | -36.0% | 4 | Ahmedabad, Gujarat, India |
| Lubana Exim Private Limited | ₹12.19 Cr (FY 2025) | -10.0% | New Delhi, Delhi, India |
To see the full peer comparison of Artex Apparels Private Limited, buy the company report.
Auditor
Artex Apparels Private Limited is audited by J.B.SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.B.SHAH & CO. | FY 2023 | 046238 |
Shareholding
The shareholding of Artex Apparels Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Artex Apparels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.52 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2020 | 100404549 | Hdfc Bank Limited | ₹10.52 Cr | Open |
To see the full charge records of Artex Apparels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Artex Apparels Private Limited has 21 court cases on record: 11 filed by Artex Apparels, 10 filed against it. 8 cases are pending and 13 are disposed.
Total cases
21
Filed by the company
11
Filed against the company
10
Pending
8
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 7 | 8 |
| High courts | 5 | 3 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Aramex India Private Limited Through Its Shraddha Ashok Chavan | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against JCR Fashion Retail Pvt Ltd and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against JCR Fashion Pvt Ltd and 2 others | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Groyyo Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Artex Apparels Private Limited, 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 Artex Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Artex Apparels Private Limited has a workforce of 4 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 4 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Artex Apparels Private Limited, buy the company report.
GST
Artex Apparels has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAUCA1937H1ZI | Gujarat | Active | 25 Nov 2020 |
To see the full GST registrations and return filing status of Artex Apparels Private Limited, buy the company report.
Recent activity
Artex Apparels Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Abhaykumar Babulal Shah was appointed as Director on 12 Aug 2024.
AGM
Artex Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Artex Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Abhaykumar Babulal Shah was appointed as Director.
Ceased
Alin Abhaykumar Shah ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 1,051.72 Lakh registered on 30 Nov 2020 with Charge ID 100404549 was modified on 20 Apr 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,051.72 Lakh with Charge ID 100404549 was registered on 30 Nov 2020.
Appointed
Karman Prafulkumar Shah was appointed as Director.
Appointed
Rakesh Chandulal Mehta was appointed as Director.
Incorporation
12 Oct 2020
Artex Apparels Private Limited was registered on 12 Oct 2020 with Roc Ahmedabad & aged 6 years 1 month as per MCA records.
Frequently asked questions
Artex Apparels is an active private limited company based in Ahmedabad, Gujarat, India. The company works in kids wear, within the fashion and textile industry. It was incorporated on 12 October 2020 (6+ years old) and is registered under CIN U17115GJ2020PTC117222.
Artex Apparels has 3 current directors:
- Abhaykumar Babulal Shah - Director
- Rakesh Chandulal Mehta - Director
- Karman Prafulkumar Shah - Director
The latest financial statements of Artex Apparels 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 FY 2021 are in the company report.
The GSTIN of Artex Apparels is 24AAUCA1937H1ZI, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Artex Apparels is U17115GJ2020PTC117222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Artex Apparels has 21 court cases on record: 11 filed by the company and 10 filed against it. 8 are pending. Most are in the district courts.
Artex Apparels was incorporated on 12 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Artex Apparels by revenue are VT Exports Pvt Ltd, Kid 'N'kids Garments Private Limited, Tapan Textiles Private Limited, Baby World Fashion Private Limited, Greenstitch Apparel Private Limited and 1 more, all in the Apparel industry (Kids Wear), with the same principal business activity (textile, leather and other apparel products).
Abhaykumar Babulal Shah was appointed as Director on 12 Aug 2024. Alin Abhaykumar Shah ceased to be Director on 12 Aug 2024. Karman Prafulkumar Shah was appointed as Director on 12 Oct 2020. Artex Apparels has 4 board changes on record in total.
Yes, Artex Apparels is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0027396).
Artex Apparels can be reached through the website artexapparels.com. Its registered office is in Ahmedabad, Gujarat, India.
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