Avocet Industries Private Limited

Avocet Industries Private Limited - manufacturing in Amritsar, Punjab, India. FY 2026 financials & compliance.
CIN U17299PB2018PTC048365 Incorporated 19 September 2018 ROC Chandigarh HQ Amritsar, Punjab, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹2.42 Cr
▲ 58% YoY
Net profit · FY 2024
₹2.97 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹55.11 Lakh
EBITDA margin 22.8%
Authorised capital
₹49.5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
1
Provident fund records

About Avocet Industries Private Limited

Data last updated:

Avocet Industries Private Limited is a private limited company based in Amritsar, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 September 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17299PB2018PTC048365. Its GSTIN is 03AARCA3784H1ZG (Punjab).

The company has an authorised share capital of ₹49.5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sagar Khanna and Raghav Sagar Khanna.

Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bal Kalan Industrial Area Majitha Road, Amritsar, Punjab, India – 143001.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.42 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹2.97 Lakh (net margin 1.2%) and EBITDA of ₹55.11 Lakh (EBITDA margin 22.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.

The company has about 1 employee on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.5 Cr on record.

Avocet Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-01-0001628).

Company details

CIN U17299PB2018PTC048365
Registration Number 048365
Incorporation Date 19 September 2018
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-PB-01-0001628

Recognitions & Rankings of Avocet Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-PB-01-0001628

Contact details

Avocet Industries Private Limited's registered office is in Amritsar, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Bal Kalan Industrial Area Majitha Road, Amritsar, Punjab, India – 143001
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Avocet Industries Private Limited, buy the company report.

Comprehensive company report
Avocet 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 Avocet Industries is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Avocet Industries Private Limited, buy the company report.

Financials of Avocet Industries Private Limited

FY 2024 filings available

Avocet Industries Private Limited reported revenue of ₹2.42 Cr (up 58% YoY) for FY 2024.

Revenue · FY 2024
₹2.42 Cr ▲ 58%
Net profit · FY 2024
₹2.97 Lakh margin 1.2%
EBITDA · FY 2024
₹55.11 Lakh margin 22.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 136%

Revenue has grown at a compounded annual rate (CAGR) of 25% over three years, including 58% growth in the latest year. EBITDA rose 55% 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₹55.11 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.97 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 Margin22.8%
Net Profit Margin1.2%
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 Avocet Industries Private Limited, buy the company report.

Board of directors of Avocet Industries Private Limited

Avocet Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sagar KhannaDirector19 Sep 20188 Years 1 MonthsCurrent
Raghav Sagar KhannaDirector15 Jan 20251 Years 9 MonthsCurrent
Reena Sagar KhannaDirector19 Sep 20188 Years 1 MonthsCurrent

Peer comparison

Avocet Industries Private Limited is compared with the 5 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mauz Fashions Private Limited₹2.42 Cr (FY 2025)-71.0%New Delhi, Delhi, India
Frontline Weavetech Private Limited₹2.42 Cr (FY 2024)-63.0%Surat, Gujarat, India
Avocet Industries Private Limitedthis company₹2.42 Cr (FY 2024)₹2.97 Lakh1.2%58.0%1Amritsar, Punjab, India
Royalene Sulz Private Limited₹2.41 Cr (FY 2025)-24.0%Bhilwara, Rajasthan, India
Spic Fashions Private Limited₹2.41 Cr (FY 2025)-44.0%Tirupur, Tamil Nadu, India
Nakoda Limited₹2.41 Cr (FY 2018)-93.0%Surat, Gujarat, India

To see the full peer comparison of Avocet Industries Private Limited, buy the company report.

Auditor

Avocet Industries Private Limited is audited by LOCHAN KUNDRA & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
LOCHAN KUNDRA & ASSOCIATESFY 2021007346N

Shareholding

The shareholding of Avocet Industries Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Avocet Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Jan 2019100229042Others₹2.5 CrOpen

Total charge records: 1 View all charges

MSME payment delays

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

Employees & EPFO

Avocet Industries Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-75%

GST

Avocet Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AARCA3784H1ZGPunjabActive13 Nov 2018

To see the full GST registrations and return filing status of Avocet Industries Private Limited, buy the company report.

Recent activity

Avocet Industries Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Raghav Sagar Khanna was appointed as Director on 15 Jan 2025.

Appointed
Raghav Sagar Khanna was appointed as Director.
AGM
Avocet Industries Private Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.
Filing
Avocet Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Ceased
Rishi Tandon ceased to be Director.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 100229042 was registered on 08 Jan 2019.
Appointed
Reena Sagar Khanna was appointed as Director.
Appointed
Sagar Khanna was appointed as Director.
Incorporation
19 Sep 2018
Avocet Industries Private Limited was registered on 19 Sep 2018 with Roc Chandigarh & aged 8 years 1 month as per MCA records.

Frequently asked questions

Avocet Industries is an active private limited company based in Amritsar, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 September 2018 (8+ years old) and is registered under CIN U17299PB2018PTC048365.

Avocet Industries has 3 current directors:

The latest financial statements of Avocet Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Avocet Industries is 03AARCA3784H1ZG, registered in Punjab.

The CIN (Corporate Identification Number) of Avocet Industries is U17299PB2018PTC048365. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avocet Industries was incorporated on 19 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Avocet Industries by revenue are Mauz Fashions Private Limited, Frontline Weavetech Private Limited, Royalene Sulz Private Limited, Spic Fashions Private Limited, Nakoda Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Raghav Sagar Khanna was appointed as Director on 15 Jan 2025. Rishi Tandon ceased to be Director on 22 Dec 2022. Reena Sagar Khanna was appointed as Director on 19 Sep 2018. Avocet Industries has 4 board changes on record in total.

Yes, Avocet Industries is registered as a small enterprise under Udyam registration (number: UDYAM-PB-01-0001628).

The registered office of Avocet Industries is at Bal Kalan Industrial Area Majitha Road, Amritsar, Punjab, India – 143001.

Avocet Industries operates in the manufacturing industry, in the textile and fabric production segment.