About AJY Tech
AJY Tech is an Industrial Goods & Manufacturing company based in Surat (India) founded in 2013. Manufacturing of technical textiles for industries like PackTech and ProTech. The company has 120 employees. Its Indian entity Ajy Tech India Private Limited reported revenue of ₹71.71 Cr. AJY Tech offers products and services including Technical Fabrics and Coating and Finishing Services. Its focus areas include Textile and Apparel, Industrial Supplies, ProTech and Defense and Military Fabrics.
Company details
AJY Tech is established as a manufacturer of high-performance technical textiles since 1986 in Surat, India. It is recognized for serving sectors such as PackTech, BuildTech, and ProTech by providing durable fabrics for applications in luggage, defense, and athleisure. Processes like weaving, dyeing, and coating are utilized to produce eco-friendly solutions, with emphasis on research and development. Certifications ensure quality is met in textile innovations.
- Headquarters Surat, India
- Employees 120
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Legal Name Ajy Tech India Pvt. Ltd
- Date of Incorporation 08 Jun, 2011
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹71.71 Cr
FY 2023 · +73% YoY
- Net Profit₹1.84 Cr
FY 2023 · 3% margin
- EBITDA₹13.76 Cr
FY 2023 · 19% margin
- Employee Count120
Associated legal entities of AJY Tech
AJY Tech operates through Ajy Tech India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ajy Tech India Private Limited CIN U17120GJ2011PTC065788 | Active | 08 Jun 2011 | Surat, Gujarat | ₹71.7 Cr | 120 | 6 | View details |
Products & Services of AJY Tech
AJY Tech offers a comprehensive portfolio of products and services, including Technical Fabrics and Coating and Finishing Services.
High-performance fabrics are manufactured for applications in various industries such as athleisure and packaging
Coating and finishing processes are applied to fabrics to enhance durability and resistance for industrial uses
Board of directors of Ajy Tech India Private Limited (AJY Tech)
Ajy Tech India Private Limited is the primary company behind AJY Tech. The board of Ajy Tech India Private Limited currently have 6 directors; the longest-serving is Manoj Kumar Mundhra, appointed in 2011. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manoj Kumar Mundhra DIN 03528621 | Managing Director | 08 Jun 2011 | 15 yrs 4 mo | Ajy Tech India Private Limited |
| Rajendra Kumar Gaurishankar Mundhra DIN 03528622 | Managing Director | 08 Jun 2011 | 15 yrs 4 mo | Ajy Tech India Private Limited |
| Nandkishor Kamalkishore Mundhra DIN 03529913 | Managing Director | 08 Jun 2011 | 15 yrs 4 mo | Ajy Tech India Private Limited |
| Saraswatidevi Kamalkishore Mundhra DIN 07135576 | Whole-time director | 26 Mar 2015 | 11 yrs 6 mo | Ajy Tech India Private Limited |
| Manju Devi Mundhra DIN 07135585 | Whole-time director | 26 Mar 2015 | 11 yrs 6 mo | Ajy Tech India Private Limited |
| Chinku Mundhra DIN 09169065 | Director | 10 May 2021 | 5 yrs 5 mo | Ajy Tech India Private Limited |
Financials of AJY Tech
Figures of Ajy Tech India Private Limited, the primary company behind AJY Tech, for FY 2023. Revenue was ₹71.71 Cr (+73% year on year). Net profit was ₹1.84 Cr (3% margin). EBITDA was ₹13.76 Cr (19% margin). Revenue has grown at a compounded annual rate of +32% over three years and +28% over five years.
- ₹71.71 CrRevenue · FY 2023 · +73% YoY
- ₹1.84 CrNet profit · 3% margin
- ₹13.76 CrEBITDA · 19% margin
- ₹17.1 LakhPaid-up capital
- 120Employees (provident fund records)
- +32%Revenue CAGR, 3 years
- +28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ajy Tech India Private Limited are on its company page.
Detailed financial statements for AJY Tech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as AJY Tech (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 47,020 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about AJY Tech
AJY Tech was founded in 2013.
AJY Tech is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
AJY Tech has 120 employees.
The primary company behind AJY Tech, Ajy Tech India Private Limited, reported revenue of ₹71.71 Cr for FY 2023, up 73% year on year.
AJY Tech is established as a manufacturer of high-performance technical textiles since 1986 in Surat, India. It is recognized for serving sectors such as PackTech, BuildTech, and ProTech by providing durable fabrics for applications in luggage, defense, and athleisure. Processes like weaving, dyeing, and coating are utilized to produce eco-friendly solutions, with emphasis on research and development. Certifications ensure quality is met in textile innovations.
AJY Tech offers Technical Fabrics and Coating and Finishing Services.
AJY Tech operates through Ajy Tech India Private Limited.
The legal entities of AJY Tech currently have 6 directors, including Manoj Kumar Mundhra, Rajendra Kumar Gaurishankar Mundhra, Saraswatidevi Kamalkishore Mundhra and others.