Avinash Garments Private Limited
About Avinash Garments Private Limited
Data last updated:
Avinash Garments Private Limited is a private limited company based in Jalgaon, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2000PTC126953. Its GSTIN is 27AADCA0776D1ZY (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mukesh Gyanchand Haswani and Suresh Gianchand Haswani.
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 2nd Floor Piyush Plaza Baliram Peth, Jalgaon, Maharashtra, India – 425001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.39 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹3.53 Lakh (net margin -2.5%) and EBITDA of ₹19.95 Lakh (EBITDA margin 14.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹2.4 Cr and satisfied charges of ₹70 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- TelephoneLocked
- WebsiteLocked
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- Registered Address2nd Floor Piyush Plaza Baliram Peth, Jalgaon, Maharashtra, India – 425001
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Avinash Garments Private Limited
The main business activity of Avinash Garments 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avinash Garments Private Limited FY 2025 filings available
Avinash Garments Private Limited reported revenue of ₹1.39 Cr (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Avinash Garments Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 39% fall in the latest year. EBITDA fell 54% 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 Avinash Garments Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹19.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.53 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 Avinash Garments Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Avinash Garments are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Avinash Garments Private Limited
Avinash Garments Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Super Laces Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Coimbatore Pioneer Trading and Warehousing Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Major Textiles Private Limited | •••• | •••• | •••• | •••• | - | Bhiwandi, Maharashtra, India |
| Encare Textiles and Properties Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Trishika Handloom Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Avinash Garments Private Limited this company | •••• | •••• | •••• | •••• | - | Jalgaon, Maharashtra, India |
| Raj Shrey Text Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| TDPL Design Private Limited | •••• | •••• | •••• | •••• | - | Rajpura, Punjab, India |
| Jambul Industries Private Limited | •••• | •••• | •••• | •••• | - | Panipat, Haryana, India |
| Ramjan Textiles Private Limited | •••• | •••• | •••• | •••• | 17 | Bhilwara, Rajasthan, India |
| Susaini Textiles Private Limited | •••• | •••• | •••• | •••• | - | Hathuran, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Avinash Garments by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Avinash Garments Private Limited
Avinash Garments Private Limited is audited by DOSHI AND DHERE for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DOSHI AND DHERE | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avinash Garments Private Limited
Avinash Garments has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Gyanchand Haswani | Director | 02 Jun 2000 | 26 Years 4 Months | Current |
| Suresh Gianchand Haswani | Director | 02 Jun 2000 | 26 Years 4 Months | Current |
| Meena Mukesh Haswani Also directs: Haswani Hotels Private Limited | Additional Director | 10 Mar 2022 | 4 Years 6 Months | Current |
Ownership and Shareholding of Avinash Garments Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avinash Garments Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jul 2020 | Others | ₹40 Lakh | Open |
| 05 Jan 2012 | Others | ₹2 Cr | Open |
| 25 Jun 2001 | Union Bank of India | ₹20 Lakh | Satisfied |
| 25 Jun 2000 | Union Bank of India | ₹50 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Avinash Garments Private Limited
Avinash Garments Private Limited has 3 court cases on record: 1 filed by Avinash Garments, 2 where it is another party. 1 case is pending and 2 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalgaon, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Beed, Maharashtra | Court case (R.C.A.) | Company is another party | Disposed |
| District court, Beed, Maharashtra | Civil suit | Company is another party | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Avinash Garments Private Limited
Employment history and EPFO contributions of people linked to Avinash Garments.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avinash Garments Private Limited
Avinash Garments Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Meena Mukesh Haswani was appointed as Additional Director on 10 Mar 2022.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avinash Garments Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avinash Garments Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avinash Garments Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avinash Garments Private Limited
Avinash Garments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA0776D1ZY | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avinash Garments Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avinash Garments Private Limited
Avinash Garments is an active private limited company based in Jalgaon, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 June 2000 (26+ years old) and is registered under CIN U18101MH2000PTC126953.
Avinash Garments reported revenue of ₹1.39 Cr for FY 2024 (down 39% YoY).
Avinash Garments has 3 current directors:
- Mukesh Gyanchand Haswani - Director
- Suresh Gianchand Haswani - Director
- Meena Mukesh Haswani - Additional Director
Avinash Garments reported a net loss of ₹3.53 Lakh (net margin -2.5%) and EBITDA of ₹19.95 Lakh (EBITDA margin 14.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avinash Garments is -5% over three years and -20% over five years. In the latest year (FY 2024) revenue fell 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avinash Garments is 27AADCA0776D1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avinash Garments is U18101MH2000PTC126953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avinash Garments has 3 court cases on record: 1 filed by the company. 1 is pending.
Avinash Garments was incorporated on 02 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avinash Garments by revenue are Super Laces Private Limited, Coimbatore Pioneer Trading and Warehousing Limited, Major Textiles Private Limited, Encare Textiles and Properties Private Limited, Trishika Handloom Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Meena Mukesh Haswani was appointed as Additional Director on 10 Mar 2022. Ashok Gianchand Haswani ceased to be Director on 23 Apr 2007. Mukesh Gyanchand Haswani was appointed as Director on 02 Jun 2000. Avinash Garments has 4 board changes on record in total.