Balar Weaves Private Limited
About Balar Weaves Private Limited
Data last updated:
Balar Weaves Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile segment of the apparel and fashion sector. It was incorporated on 28 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17291GJ2015PTC082055. Its GSTIN is 24AAGCB1767N1ZE (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jayaben Jitendrabhai Balar and Krupaben Ujjvalbhai Balar.
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 Plot No.134 Royal Industrial Estate Moje: Delad Village: Olpad Dist: Surat, Gujarat, India – 394130.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.89 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹52,970 (net margin 1.7%) and EBITDA of ₹73,037 (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 250% over three years and 112% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Balar Weaves Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.134 Royal Industrial Estate Moje: Delad Village: Olpad Dist: Surat, Gujarat, India – 394130
- IndustryAppreal & Fashion, Textile, Apparel, Leather
To see the full contact details of Balar Weaves 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 Balar Weaves 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 Balar Weaves Private Limited, buy the company report.
Financials of Balar Weaves Private Limited
FY 2025 filings availableBalar Weaves Private Limited reported revenue of ₹30.89 Lakh (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 112%. EBITDA rose 72% 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 |
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| EBITDA | ₹73,037 | ||||
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| Net Profit (PAT) | ₹52,970 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Balar Weaves Private Limited, buy the company report.
Board of directors of Balar Weaves Private Limited
Balar Weaves has 11 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayaben Jitendrabhai Balar | Director | 28 Jan 2015 | 11 Years 9 Months | Current |
| Krupaben Ujjvalbhai Balar | Director | 28 Jan 2015 | 11 Years 9 Months | Current |
| Dinesh Bhikhubhai Patel | Director | 04 May 2017 | 9 Years 6 Months | Current |
| Hiteshbhai Kanubhai Italiya | Director | 04 May 2017 | 9 Years 6 Months | Current |
| Akash Manojbhai Balar | Director | 04 May 2017 | 9 Years 6 Months | Current |
| Jitendra Babubhai Balar | Director | 04 May 2017 | 9 Years 6 Months | Current |
Peer comparison
Balar Weaves Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Ivy Weaving Private Limited | ₹31.1 Lakh (FY 2025) | -12.0% | Shirpur, Maharashtra, India | |||
| Richlook Fashion Private Limited | ₹30.97 Lakh (FY 2025) | -79.0% | Surat, Gujarat, India | |||
| Arvind Universal Textiles Private Limited | ₹30.94 Lakh (FY 2025) | -84.0% | Ichalkaranji, Maharashtra, India | |||
| Balar Weaves Private Limitedthis company | ₹30.89 Lakh (FY 2025) | ₹52,970 | 1.7% | -25.0% | Surat, Gujarat, India | |
| Kwisy Creation Private Limited | ₹30.77 Lakh (FY 2025) | -47.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Balar Weaves Private Limited, buy the company report.
Auditor
Balar Weaves Private Limited is audited by ASHA KALRA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHA KALRA & ASSOCIATES | FY 2017 | 130363W |
Shareholding
The shareholding of Balar Weaves Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Balar Weaves Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Balar Weaves 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 Balar Weaves Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Balar Weaves has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCB1767N1ZE | Gujarat | Active | 08 Jan 2019 |
To see the full GST registrations and return filing status of Balar Weaves Private Limited, buy the company report.
Recent activity
Balar Weaves Private Limited has 19 board changes on record since 2015: 11 appointments and 8 cessations. The latest: Akash Manojbhai Balar ceased to be Additional Director on 29 Sep 2018.
10 earlier events are in the company report.
Frequently asked questions
Balar Weaves is an active private limited company based in Surat, Gujarat, India. The company works in textile, within the apparel and fashion industry. It was incorporated on 28 January 2015 (11+ years old) and is registered under CIN U17291GJ2015PTC082055.
Balar Weaves has 11 current directors:
- Jayaben Jitendrabhai Balar - Director
- Krupaben Ujjvalbhai Balar - Director
- Dinesh Bhikhubhai Patel - Director
- Hiteshbhai Kanubhai Italiya - Director
- Akash Manojbhai Balar - Director
- Jitendra Babubhai Balar - Director
- Manjulaben Nanubhai Balar - Director
- Pritiben Tusharbhai Balar - Director
- Rajeshbhai Babubhai Balar - Director
- Manishaben Nimeshkumar Balar - Director
- Kanakben Rajeshbhai Balar - Director
The latest financial statements of Balar Weaves 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 Balar Weaves is 24AAGCB1767N1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Balar Weaves is U17291GJ2015PTC082055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balar Weaves was incorporated on 28 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Balar Weaves by revenue are Ivy Weaving Private Limited, Richlook Fashion Private Limited, Arvind Universal Textiles Private Limited, Kwisy Creation Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Akash Manojbhai Balar ceased to be Additional Director on 29 Sep 2018. Dinesh Bhikhubhai Patel ceased to be Additional Director on 29 Sep 2018. Hiteshbhai Kanubhai Italiya ceased to be Additional Director on 29 Sep 2018. Balar Weaves has 19 board changes on record in total.
The registered office of Balar Weaves is at Plot No.134 Royal Industrial Estate Moje: Delad Village: Olpad Dist: Surat, Gujarat, India – 394130.
Balar Weaves operates in the apparel and fashion industry, in the textile segment.
The compliance status of Balar Weaves is compliant as of 14 August 2026. The company is actively filing with the Registrar of Companies.
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