MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0115022
Balaji Weft Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹208.92 Cr
▲ 21% YoY
Net loss · FY 2025
₹2.14 Cr
Net margin -1%
EBITDA · FY 2025
₹1.2 Cr
EBITDA margin 0.6%
Authorised capital
₹14 Cr
Registered with MCA
Paid-up capital
₹13.93 Cr
Issued & subscribed
Open charges
₹47.81 Cr
Satisfied ₹46.8 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
14
Provident fund records
About Balaji Weft Private Limited
Data last updated:
Balaji Weft Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Jindal Worldwide Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17100GJ2013PTC074859. Its GSTIN is 24AAECT9392F1Z2 (Gujarat).
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹13.93 Cr. It was formerly known as Tarachand Recyclers Private Limited. It is led by directors Devkinandan Jagdishprashad Sharma and Raghav Kailash Agrawal.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹208.92 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹2.14 Cr (net margin -1%) and EBITDA of ₹1.2 Cr (EBITDA margin 0.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jindal Worldwide Ltd.. As per MCA filings, the company has open charges of ₹47.81 Cr and satisfied charges of ₹46.8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in October 2023. Its 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 4 smaller; the largest is Clifton Export Private Limited with revenue of ₹210.08 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2023, listing 23 overdue payments to 11 micro and small suppliers.
Balaji Weft Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0115022). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jindaltextiles.com.
Company details
CIN U17100GJ2013PTC074859
Registration Number 074859
Incorporation Date 03 May 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Jindal Worldwide Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0115022
CIN history
Balaji Weft has one previous CIN (Corporate Identification Number): U37100GJ2013PTC074859. The current CIN is U17100GJ2013PTC074859, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100GJ2013PTC074859 | Current |
| U37100GJ2013PTC074859 | Previous |
Recognitions & Rankings of Balaji Weft
Contact details
Balaji Weft Private Limited's registered office is in Ahmedabad, Gujarat. Its website is jindaltextiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJindalhouse Opp.Dmart I.O.C.Petrolpumplane Shivranjanishyamal132Ft.Ringroad S, Atellite, Ahmedabad, Gujarat, India – 380015
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Balaji Weft Private Limited, buy the company report.
Comprehensive company report
Balaji Weft 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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Brands
Balaji Weft operates one associated brand: Jindal Worldwide Ltd.. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textile products including denim and yarn are manufactured and exported. | jindaltextiles.com |
Business activity
The main business activity of Balaji Weft 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 Balaji Weft Private Limited, buy the company report.
Financials of Balaji Weft Private Limited
FY 2025 filings availableBalaji Weft Private Limited reported revenue of ₹208.92 Cr (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹208.92 Cr ▲ 21%
Net loss · FY 2025
₹2.14 Cr margin -1%
EBITDA · FY 2025
₹1.2 Cr margin 0.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 51%
5 years · compounded
▼ 37%
Revenue rose 21% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA fell 32% 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 | ₹1.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.14 Cr | ||||
| 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 | 0.6% | ||||
| Net Profit Margin | -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 Balaji Weft Private Limited, buy the company report.
Board of directors of Balaji Weft Private Limited
Balaji Weft has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devkinandan Jagdishprashad Sharma Also directs: Jindal Creations Private Limited, Niharika Threads Private Limited, Shiv Shakti Weavtex Private Limited and 5 more | Director | 27 Jun 2022 | 4 Years 4 Months | Current |
| Raghav Kailash Agrawal Also directs: Threadwave Enterprise LLP, Fabtown Merchandise LLP, Skyfinders Developers LLP and 5 more | Additional Director | 10 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Balaji Weft Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Clifton Export Private Limited | ₹210.08 Cr (FY 2024) | -13.0% | Tirupur, Tamil Nadu, India | |||
| K K Spinners Pvt Ltd | ₹209.6 Cr (FY 2025) | -43.0% | Haryana, India | |||
| D. S. Knit Industry Private Limited | ₹209.42 Cr (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Subburaaj Cotton Mill Private Limited | ₹209.07 Cr (FY 2025) | -1.0% | Road, Rajapalayam-626117, Tamil Nadu, India | |||
| Mahalakshmi Spintex Private Limited | ₹208.96 Cr (FY 2025) | 24.0% | Panchkula, Haryana, India | |||
| Balaji Weft Private Limitedthis company | ₹208.92 Cr (FY 2025) | -₹2.14 Cr | -1% | 21.0% | 14 | Ahmedabad, Gujarat, India |
| Tag Developers Pvt Ltd | ₹208.74 Cr (FY 2025) | 39.0% | Kolkata, West Bengal, India | |||
| Dipu Enterprises Pvt Limited | ₹208.63 Cr (FY 2025) | 34.0% | Mumbai, Maharashtra, India | |||
| Morarjee Textiles Limited | ₹208.16 Cr (FY 2023) | -24.0% | Mumbai, Maharashtra, India | |||
| Victory Spinning Mills Private Limited | ₹207.66 Cr (FY 2025) | 5.0% | Namakkal, Tamil Nadu, India |
To see the full peer comparison of Balaji Weft Private Limited, buy the company report.
Auditor
Balaji Weft Private Limited is audited by B.A BEDAWALA&CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.A BEDAWALA&CO. | FY 2023 | 101064W |
Shareholding
The shareholding of Balaji Weft 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 Balaji Weft Private Limited, buy the company report.
Charges & borrowings
Open charges
₹47.81 Cr
Satisfied charges
₹46.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2021 | 100521661 | State Bank of India | ₹10.81 Cr | Open | |
| 14 Nov 2019 | 100308351 | State Bank of India | ₹37 Cr | Open | |
| 30 Aug 2017 | 100122339 | Bank of India | ₹46.8 Cr | Satisfied |
To see the full charge records of Balaji Weft Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Balaji Weft Private Limited has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in October 2023.
Total deals
8
Secondary share transfers
7
Rights issue
1
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Jindal Creations Private Limited Seller: Jindal Worldwide Limited |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: Bienville Estates Enterprise Private Limited , Jindal Creations Private Limited Seller: an individual |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: Amitara Industries Private Limited , an individual Seller: Jindal Worldwide Limited |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: Jindal Worldwide Limited Seller: 2 individuals |
| Sep 2017 | Rights issue | ₹13.92 Cr | Investors: Jindal Worldwide Limited , 2 individuals |
To see the full deal history of Balaji Weft Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Balaji Weft Private Limited has 1 court case on record: 1 filed by Balaji Weft. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 7 others | Disposed |
To see the full case history of Balaji Weft 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
Balaji Weft Private Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 23 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Ravi Plast Mold Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Balaji Weft Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Balaji Weft Private Limited has a workforce of 14 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-17.65%
GST
Balaji Weft has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECT9392F1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balaji Weft Private Limited, buy the company report.
Recent activity
Balaji Weft Private Limited has 8 board changes on record since 2020: 2 appointments and 6 cessations. The latest: Raghav Kailash Agrawal was appointed as Additional Director on 10 Dec 2025.
Appointed
Raghav Kailash Agrawal was appointed as Additional Director.
Ceased
Yamunadutt Amilal Agrawal ceased to be Director.
AGM
Balaji Weft Private Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Filing
Balaji Weft Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Akash Patel ceased to be Company Secretary.
Ceased
Devkinandan Jagdishprashad Sharma ceased to be Additional Director.
Appointed
Devkinandan Jagdishprashad Sharma was appointed as Director.
Ceased
Dhanraj Sheokarandas Agrawal ceased to be Additional Director.
Ceased
Amit Yamunadutt Agarwal ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 10.81 Cr with Charge ID 100521661 was registered on 24 Dec 2021.
Ceased
Akshita Dave ceased to be Company Secretary.
Charges
A charge with State Bank Of India of Rs. 37.00 Cr registered on 14 Nov 2019 with Charge ID 100308351 was modified on 19 May 2020.
5 earlier events are in the company report.
News
Frequently asked questions
Balaji Weft is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 May 2013 (13+ years old) and is registered under CIN U17100GJ2013PTC074859.
Balaji Weft has 2 current directors:
- Devkinandan Jagdishprashad Sharma - Director
- Raghav Kailash Agrawal - Additional Director
The latest financial statements of Balaji Weft on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Balaji Weft is 24AAECT9392F1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Balaji Weft is U17100GJ2013PTC074859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balaji Weft has 1 court case on record: 1 filed by the company.
Balaji Weft was incorporated on 03 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Balaji Weft has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in October 2023.
The peers of Balaji Weft by revenue are Clifton Export Private Limited, K K Spinners Pvt Ltd, D. S. Knit Industry Private Limited, Subburaaj Cotton Mill Private Limited, Mahalakshmi Spintex Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Raghav Kailash Agrawal was appointed as Additional Director on 10 Dec 2025. Yamunadutt Amilal Agrawal ceased to be Director on 10 Dec 2025. Akash Patel ceased to be Company Secretary on 06 Jan 2025. Balaji Weft has 8 board changes on record in total.
Yes, Balaji Weft is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0115022).
Balaji Weft has 5 MSME Form 1 returns on record between 2019 and 2023, listing 23 overdue payments to 11 micro and small suppliers. The latest return was filed on 21 Oct 2023.
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