MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0093816
Avis Industries Private Limited - fashion and textile in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹62.75 Cr
▼ 7% YoY
Net profit · FY 2025
₹44.37 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹2.38 Cr
EBITDA margin 3.8%
Authorised capital
₹1.3 Cr
Registered with MCA
Paid-up capital
₹1.27 Cr
Issued & subscribed
Open charges
₹7.98 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Employees · EPFO
23
Provident fund records
About Avis Industries Private Limited
Data last updated:
Avis Industries Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 21 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51109GJ1995PTC094489. Its GSTIN is 24AABCP6785D1ZE (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.27 Cr. It was formerly known as Promica Textrade Pvt Ltd. It is led by directors including Ravindra Jaichandra Mukim and Sunita Mukim.
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 74 1st Floor Devraj Industrial Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.75 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹44.37 Lakh (net margin 0.7%) and EBITDA of ₹2.38 Cr (EBITDA margin 3.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.98 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 2 cases are pending.
Avis Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0093816). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avisindustries.in.
Company details
CIN U51109GJ1995PTC094489
Registration Number 094489
Incorporation Date 21 March 1995
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0093816
CIN history
Avis Industries has one previous CIN (Corporate Identification Number): U51109WB1995PTC069616. The current CIN is U51109GJ1995PTC094489, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109GJ1995PTC094489 | Current |
| U51109WB1995PTC069616 | Previous |
Recognitions & Rankings of Avis Industries
Contact details
Avis Industries Private Limited's registered office is in Ahmedabad, Gujarat. Its website is avisindustries.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.74 1st Floor Devraj Industrial Park, Piplaj – Pirana Road Piplaj, Ahmedabad, Gujarat, India – 382405
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Avis Industries Private Limited, buy the company report.
Comprehensive company report
Avis Industries 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 Avis Industries 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 Avis Industries Private Limited, buy the company report.
Financials of Avis Industries Private Limited
FY 2025 filings availableAvis Industries Private Limited reported revenue of ₹62.75 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹62.75 Cr ▼ 7%
Net profit · FY 2025
₹44.37 Lakh margin 0.7%
EBITDA · FY 2025
₹2.38 Cr margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 2%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 18%
5 years · compounded
▲ 14%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 7% fall in the latest year. EBITDA rose 8% 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 | ₹2.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹44.37 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 | 3.8% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Avis Industries Private Limited, buy the company report.
Board of directors of Avis Industries Private Limited
Avis Industries 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 |
|---|---|---|---|---|
| Ravindra Jaichandra Mukim Also directs: Avis Impex Private Limited | Director | 05 Jun 2000 | 26 Years 5 Months | Current |
| Sunita Mukim Also directs: Avis Impex Private Limited | Director | 15 May 2002 | 24 Years 5 Months | Current |
| Gautam Ravindra Mukim Also directs: Avis Impex Private Limited | Director | 13 Jun 2017 | 9 Years 5 Months | Current |
Peer comparison
Avis Industries Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Branded 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 |
|---|---|---|---|---|---|---|
| Kwality Overseas Private Limited | ₹65.36 Cr (FY 2020) | -77.0% | Ludhiana, Punjab, India | |||
| Rodamine Apparel Industries Private Limited | ₹64.51 Cr (FY 2020) | 87.0% | Tirupur, Tamil Nadu, India | |||
| Induro Lifestyle Resources Private Limited | ₹64.46 Cr (FY 2025) | 144.0% | Bangalore, Karnataka, India | |||
| Hyphen Garments Private Limited | ₹64.18 Cr (FY 2025) | 0.0% | Thakurpukur Mahestola, West Bengal, India | |||
| Avis Industries Private Limitedthis company | ₹62.75 Cr (FY 2025) | ₹44.37 Lakh | 0.7% | -7.0% | 23 | Ahmedabad, Gujarat, India |
| Moustache Industries Private Limited | ₹61.89 Cr (FY 2024) | 53.0% | Kolkata, West Bengal, India | |||
| MCR Textiles Private Limited | ₹60.78 Cr (FY 2024) | -26.0% | Erode, Tamil Nadu, India |
To see the full peer comparison of Avis Industries Private Limited, buy the company report.
Auditor
Avis Industries Private Limited is audited by SIDDHARTH J SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIDDHARTH J SHAH & ASSOCIATES | FY 2023 | 126712W |
Shareholding
The shareholding of Avis Industries Private 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 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 Avis Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.98 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2016 | 100055076 | Hdfc Bank Limited | ₹7.98 Cr | Open |
To see the full charge records of Avis Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Avis Industries Private Limited has 8 court cases on record: 4 filed by Avis Industries, 4 filed against it. 2 cases are pending and 6 are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Pending
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against Vijaykumarjain Signatory to Cheque and Trading Narne of Proprietor of Ms Chamunda International | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by Salim M Shaikh Autho of. Dada Silk Mills | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by Rajendra Balkishan Porwal Prop. Venkatesh Industries | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against an individual | Disposed |
To see the full case history of Avis Industries 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
Avis Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 36 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mahacot Trading Corporation | |||
| Sathy Textiles | |||
| Kiran Felt Calender | |||
| Maru Structures Private Limited | |||
| Aadheesh Texfab Private Limited |
To see the full MSME payment records of Avis Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avis Industries Private Limited has a workforce of 23 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
23
Active EPFO establishments
2
Employee growth
-14.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 23 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Avis Industries Private Limited, buy the company report.
GST
Avis Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP6785D1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avis Industries Private Limited, buy the company report.
Recent activity
Avis Industries Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Gautam Ravindra Mukim ceased to be Additional Director on 29 Sep 2017.
AGM
Avis Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 7.98 Cr registered on 17 Oct 2016 with Charge ID 100055076 was modified on 03 Apr 2025.
Filing
Avis Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Gautam Ravindra Mukim ceased to be Additional Director.
Appointed
Gautam Ravindra Mukim was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.98 Cr with Charge ID 100055076 was registered on 17 Oct 2016.
Appointed
Sunita Mukim was appointed as Director.
Appointed
Ravindra Jaichandra Mukim was appointed as Director.
Incorporation
21 Mar 1995
Avis Industries Private Limited was registered on 21 Mar 1995 with Roc Ahmedabad & aged 31 years 7 months as per MCA records.
Frequently asked questions
Avis Industries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 21 March 1995 (31+ years old) and is registered under CIN U51109GJ1995PTC094489.
Avis Industries has 3 current directors:
- Ravindra Jaichandra Mukim - Director
- Sunita Mukim - Director
- Gautam Ravindra Mukim - Director
The latest financial statements of Avis Industries 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 Avis Industries is 24AABCP6785D1ZE, 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 Avis Industries is U51109GJ1995PTC094489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avis Industries has 8 court cases on record: 4 filed by the company and 4 filed against it. 2 are pending.
Avis Industries was incorporated on 21 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Avis Industries by revenue are Kwality Overseas Private Limited, Rodamine Apparel Industries Private Limited, Induro Lifestyle Resources Private Limited, Hyphen Garments Private Limited, Moustache Industries Private Limited and 1 more, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Gautam Ravindra Mukim ceased to be Additional Director on 29 Sep 2017. Gautam Ravindra Mukim was appointed as Director on 13 Jun 2017. Sunita Mukim was appointed as Director on 15 May 2002. Avis Industries has 4 board changes on record in total.
Yes, Avis Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0093816).
Avis Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 36 overdue payments to 7 micro and small suppliers. The latest return was filed on 27 May 2019.
Avis Industries can be reached through the website avisindustries.in. Its registered office is in Ahmedabad, Gujarat, India.
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