About Balkrishna Textile Private Limited
Data last updated:
Balkrishna Textile Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 August 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1979PTC003480. Its GSTIN is 24AABCB5213G1Z9 (Gujarat).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹4.85 Cr. It was formerly known as Balkrishna Textile Limited. It is led by directors including Ketan Chandulal Thakkar (Managing Director) and Nitin Chandulal Thakkar (Managing Director).
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 Bombay Highway Narol Char Rasta Narol, Ahmedabad, Gujarat, India – 382405.
As per the financials filed for FY 2024, the company reported a revenue of ₹255.49 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.11 Cr (net margin 1.2%) and EBITDA of ₹17.71 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹118.27 Cr and satisfied charges of ₹279.48 Cr on record. Court records list 46 cases involving the company, including 7 filed by the company and 36 filed against it; 2 cases are pending. The company has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹5.58 Cr; the latest was in December 2022. Its 10 peer companies in the same principal business activity (Textile, leather and other apparel products) are compared by revenue, 5 larger and 5 smaller; the largest is Alliance Mills (Lessees) Ltd with revenue of ₹257.39 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 45 overdue payments to 43 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balkrishnatextiles.com.
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- TelephoneLocked
- Website
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- Registered AddressBombay Highway Narol Char Rasta Narol, Ahmedabad, Gujarat, India – 382405
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Balkrishna Textile Private Limited
The main business activity of Balkrishna Textile is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Balkrishna Textile Private Limited FY 2024 filings available
Balkrishna Textile Private Limited reported revenue of ₹255.49 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Balkrishna Textile Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 17% 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 of Balkrishna Textile Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹17.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.11 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 of Balkrishna Textile Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Balkrishna Textile are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Balkrishna Textile Private Limited
Balkrishna Textile Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Textile, leather and other apparel products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alliance Mills (Lessees) Ltd | ₹257.39 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Kolkata, West Bengal, India |
| Anubhav Apparels Private Limited | ₹257.3 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Nav Hindustan Spinners Private Limited | ₹256.81 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Coimbatore, Tamil Nadu, India |
| F T Textiles Private Limited | ₹256.66 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Bhiwandi, Maharashtra, India |
| Suvidhi Rayons Private Limited | ₹255.97 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Bhilwara, Rajasthan, India |
| Balkrishna Textile Private Limited this company | ₹255.49 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Ahmedabad, Gujarat, India |
| Valiant Glass Works Private Limited | ₹255.48 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Jak Group Private Limited | ₹255.24 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Omsatya Exim Private Limited | ₹255.01 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Surat, Gujarat, India |
| Campus AI Private Limited | ₹254.89 Cr (FY 2021) | •••• | •••• | 746.0% | •••• | New Delhi, Delhi, India |
| Permeshwar Creations Private Limited | ₹254.84 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Balkrishna Textile by revenue in the same principal business activity (Textile, leather and other apparel products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Balkrishna Textile Private Limited
Balkrishna Textile Private Limited is audited by BIHARI SHAH AND CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BIHARI SHAH AND CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Balkrishna Textile Private Limited
Balkrishna Textile has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adit Nitinkumar Thakkar Also directs: GTF Private Limited | Director | 20 Dec 2016 | 9 Years 9 Months | Current |
| Rohan K Thakkar | Director | 22 Apr 2019 | 7 Years 5 Months | Current |
| Ketan Chandulal Thakkar | Managing Director | 30 Nov 2004 | 21 Years 10 Months | Current |
| Nitin Chandulal Thakkar Also directs: GTF Private Limited, Atpa Swarnim Gujarat Enviro Private Limited | Managing Director | 14 Aug 1979 | 47 Years 1 Months | Current |
Ownership and Shareholding of Balkrishna Textile Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Balkrishna Textile Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2025 | Hdfc Bank Limited | ₹7.95 Cr | Open |
| 17 Sep 2021 | Hdfc Bank Limited | ₹110.32 Cr | Open |
| 17 Mar 2021 | Others | ₹10.71 Cr | Satisfied |
| 05 May 2020 | Others | ₹1.7 Cr | Satisfied |
| 11 Sep 2018 | Others | ₹3 Cr | Satisfied |
Total charge records: 19 View all charges
Deals & Funding of Balkrishna Textile Private Limited
Balkrishna Textile Private Limited has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹5.58 Cr; the latest was in December 2022.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Speedwell Enterprise Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Dec 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Kunal Organics Private Limited , Supernova Systems Private Limited |
| Jan 2008 | Funding round | ₹73 Lakh | Investors: Kunal Organics Private Limited , Supernova Systems Private Limited , 2 individuals |
Full deal history
All 12 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Balkrishna Textile Private Limited
Balkrishna Textile Private Limited has 46 court cases on record: 7 filed by Balkrishna Textile, 36 filed against it, 3 where it is another party. 2 cases are pending and 44 are disposed. Status as checked between 28 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 30 | 2 |
| High courts | 7 | 5 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CMA SC) | Filed by the company against Pam Apparels Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PRCPT) | Filed by the company against Pam Apparels Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (TAPP-LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (TAPP-LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 46 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Balkrishna Textile Private Limited
Balkrishna Textile Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 45 overdue payments to 43 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 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Aira Pneumatics | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Cess Automation | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Balkrishna Textile Private Limited
Employment history and EPFO contributions of people linked to Balkrishna Textile.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Balkrishna Textile Private Limited
Balkrishna Textile Private Limited has 6 board changes on record since 1979: 4 appointments and 2 cessations. The latest: Rohan K Thakkar ceased to be Additional Director on 25 Sep 2019.
40 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Balkrishna Textile Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Balkrishna Textile Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Balkrishna Textile Private Limited
Balkrishna Textile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCB5213G1Z9 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Balkrishna Textile Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Balkrishna Textile Private Limited
Balkrishna Textile 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 13 August 1979 (47+ years old) and is registered under CIN U17119GJ1979PTC003480.
Balkrishna Textile reported revenue of ₹255.49 Cr for FY 2024 (down 9% YoY).
Balkrishna Textile has 4 current directors:
- Ketan Chandulal Thakkar - Managing Director
- Nitin Chandulal Thakkar - Managing Director
- Adit Nitinkumar Thakkar - Director
- Rohan K Thakkar - Director
Balkrishna Textile reported a net profit of ₹3.11 Cr (net margin 1.2%) and EBITDA of ₹17.71 Cr (EBITDA margin 6.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Balkrishna Textile is 21% over three years and 2% over five years. In the latest year (FY 2024) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Balkrishna Textile is 24AABCB5213G1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Balkrishna Textile is U17119GJ1979PTC003480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balkrishna Textile has 46 court cases on record: 7 filed by the company and 36 filed against it. 2 are pending. Most are in the district courts.
Balkrishna Textile was incorporated on 13 August 1979, making it 47+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Balkrishna Textile has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹5.58 Cr; the latest was in December 2022.
The peers of Balkrishna Textile by revenue are Alliance Mills (Lessees) Ltd, Anubhav Apparels Private Limited, Nav Hindustan Spinners Private Limited, F T Textiles Private Limited, Suvidhi Rayons Private Limited and 5 more, all in the same principal business activity (Textile, leather and other apparel products).
Rohan K Thakkar ceased to be Additional Director on 25 Sep 2019. Rohan K Thakkar was appointed as Director on 22 Apr 2019. Adit Nitinkumar Thakkar ceased to be Additional Director on 25 Sep 2017. Balkrishna Textile has 6 board changes on record in total.