- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-07-0000650

Avni Cloth Private Limited
About Avni Cloth Private Limited
Data last updated:
Avni Cloth Private Limited is a private limited company based in Burhanpur, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17309MP2017PTC043487. Its GSTIN is 23AAPCA6703J1ZM (Madhya Pradesh).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.23 Cr. It is led by directors including Nitin Karankar and Priyanka Karankar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kh. No. 194/8 Lodhipura, Burhanpur, Madhya Pradesh, India – 450331.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.51 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹25.68 Lakh (net margin 1.1%) and EBITDA of ₹98.96 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹4.74 Cr on record.
Avni Cloth Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-07-0000650). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Avni Cloth
Contact details
Avni Cloth Private Limited's registered office is in Burhanpur, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKh. No. 194/8 Lodhipura, Burhanpur, Madhya Pradesh, India – 450331
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Avni Cloth Private Limited, buy the company report.
- 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
Business activity
The main business activity of Avni Cloth 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 Avni Cloth Private Limited, buy the company report.
Financials of Avni Cloth Private Limited
FY 2024 filings availableAvni Cloth Private Limited reported revenue of ₹23.51 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 33% growth in the latest year. EBITDA rose 73% 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 | ₹98.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.68 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 | 4.2% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Avni Cloth Private Limited, buy the company report.
Board of directors of Avni Cloth Private Limited
Avni Cloth has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Karankar | Director | 07 Jun 2017 | 9 Years 4 Months | Current |
| Priyanka Karankar | Director | 07 Jun 2017 | 9 Years 4 Months | Current |
| Kamla Bai Karankar | Director | 07 Jun 2017 | 9 Years 4 Months | Current |
| Prakash Karankar | Director | 07 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
Avni Cloth Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| Urvashi Synthetic Processors Private Limited | ₹23.53 Cr (FY 2024) | -9.0% | Uttar Pradesh, India | |||
| Introlines Private Limited | ₹23.52 Cr (FY 2025) | 20.0% | Tirupur, Tamil Nadu, India | |||
| Avni Cloth Private Limitedthis company | ₹23.51 Cr (FY 2025) | ₹25.68 Lakh | 1.1% | 33.0% | Burhanpur, Madhya Pradesh, India | |
| Gulmohar Embroideries Private Limited | ₹23.51 Cr (FY 2025) | 150.0% | Surat, Gujarat, India | |||
| Venkatanarayana Tex Yarn Private Limited | ₹23.49 Cr (FY 2025) | 9.0% | Udumalpet, Tamil Nadu, India | |||
| Ave Maria Spinning Mills Private Limited | ₹23.49 Cr (FY 2022) | 53.0% | Coimbatore, Tamil Nadu, India | |||
| Knitmac India Limited | ₹23.48 Cr (FY 2021) | -17.0% | New Delhi, Delhi, India |
To see the full peer comparison of Avni Cloth Private Limited, buy the company report.
Auditor
Avni Cloth Private Limited is audited by RAJENDRA GARG & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA GARG & COMPANY | FY 2023 | 005165C |
Shareholding
The shareholding of Avni Cloth 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 Avni Cloth Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2017 | 100140401 | State Bank of India | ₹4.74 Cr | Open |
To see the full charge records of Avni Cloth Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Avni Cloth 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 Avni Cloth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avni Cloth has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAPCA6703J1ZM | Madhya Pradesh | Active | 28 Sep 2017 |
To see the full GST registrations and return filing status of Avni Cloth Private Limited, buy the company report.
Recent activity
Avni Cloth Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Kamla Bai Karankar was appointed as Director on 07 Jun 2017.
Frequently asked questions
Avni Cloth is an active private limited company based in Burhanpur, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 June 2017 (9+ years old) and is registered under CIN U17309MP2017PTC043487.
Avni Cloth has 4 current directors:
- Nitin Karankar - Director
- Priyanka Karankar - Director
- Kamla Bai Karankar - Director
- Prakash Karankar - Director
The latest financial statements of Avni Cloth on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Avni Cloth is 23AAPCA6703J1ZM, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Avni Cloth is U17309MP2017PTC043487. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avni Cloth was incorporated on 07 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Avni Cloth by revenue are Urvashi Synthetic Processors Private Limited, Introlines Private Limited, Gulmohar Embroideries Private Limited, Venkatanarayana Tex Yarn Private Limited, Ave Maria Spinning Mills Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kamla Bai Karankar was appointed as Director on 07 Jun 2017. Nitin Karankar was appointed as Director on 07 Jun 2017. Prakash Karankar was appointed as Director on 07 Jun 2017. Avni Cloth has 4 board changes on record in total.
Yes, Avni Cloth is registered as a small enterprise under Udyam registration (number: UDYAM-MP-07-0000650).
The registered office of Avni Cloth is at Kh. No. 1948 Lodhipura, Burhanpur, Madhya Pradesh, India – 450331.
Avni Cloth operates in the manufacturing industry, in the textile and fabric production segment.