MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-75-0000531
Banaras Weave Private Limited - manufacturing in Varanasi, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.59 Cr
▲ 61% YoY
Net profit · FY 2025
₹9.68 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹85.19 Lakh
EBITDA margin 8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹1.2 Lakh
Issued & subscribed
Open charges
₹4.03 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Banaras Weave Private Limited
Data last updated:
Banaras Weave Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U17309UP2017PTC097804. Its GSTIN is 09AAHCB4864B1ZQ (Uttar Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Vishnu Kushwaha and Ritu Kushwaha.
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 J 25/59 A – 4 Usmanpura Jaitpura, Varanasi, Uttar Pradesh, India – 221001.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.59 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹9.68 Lakh (net margin 0.9%) and EBITDA of ₹85.19 Lakh (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹4.03 Cr on record.
Banaras Weave Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-75-0000531). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website banarasweave.com.
Company details
CIN U17309UP2017PTC097804
Registration Number 097804
Incorporation Date 12 October 2017
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-75-0000531
Key People
Vishnu Kushwaha Director Ritu Kushwaha Director Recognitions & Rankings of Banaras Weave
Contact details
Banaras Weave Private Limited's registered office is in Varanasi, Uttar Pradesh. Its website is banarasweave.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJ 25/59 A – 4 Usmanpura Jaitpura, Varanasi, Uttar Pradesh, India – 221001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Banaras Weave Private Limited, buy the company report.
Comprehensive company report
Banaras Weave 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 Banaras Weave 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 Banaras Weave Private Limited, buy the company report.
Financials of Banaras Weave Private Limited
FY 2025 filings availableBanaras Weave Private Limited reported revenue of ₹10.59 Cr (up 61% YoY) for FY 2025.
Revenue · FY 2025
₹10.59 Cr ▲ 61%
Net profit · FY 2025
₹9.68 Lakh margin 0.9%
EBITDA · FY 2025
₹85.19 Lakh margin 8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 37%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 60%
5 years · compounded
▲ 46%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 61% growth in the latest year. EBITDA rose 49% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹85.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Banaras Weave Private Limited, buy the company report.
Board of directors of Banaras Weave Private Limited
Banaras Weave has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnu Kushwaha | Director | 12 Oct 2017 | 9 Years 1 Months | Current |
| Ritu Kushwaha | Director | 12 Oct 2017 | 9 Years 1 Months | Current |
Peer comparison
Banaras Weave Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Creative Chain Stores Pvt Ltd | ₹10.61 Cr (FY 2021) | 106.0% | Mumbai, Maharashtra, India | |||
| Jomar Apparels Private Limited | ₹10.61 Cr (FY 2024) | 106.0% | Kanyakumari, Tamil Nadu, India | |||
| Ramkrupa Ginning and Pressing Private Limited | ₹10.61 Cr (FY 2025) | -59.0% | Biliyada, Gujarat, India | |||
| Platinum Creations Private Limited | ₹10.6 Cr (FY 2025) | -14.0% | New Delhi, Delhi, India | |||
| Parth Rayon Private Limited | ₹10.59 Cr (FY 2024) | 5.0% | Mumbai, Maharashtra, India | |||
| Banaras Weave Private Limitedthis company | ₹10.59 Cr (FY 2025) | ₹9.68 Lakh | 0.9% | 61.0% | Varanasi, Uttar Pradesh, India | |
| Sri Shyam Denim Private Limited | ₹10.59 Cr (FY 2024) | 277.0% | Ahmedabad, Gujarat, India | |||
| Jaibalajee Darshan Polypax Private Limited | ₹10.58 Cr (FY 2023) | 33.0% | Motipur, Bihar, India | |||
| Qualtime Spintex Private Limited | ₹10.57 Cr (FY 2024) | -3.0% | Namakkal, Tamil Nadu, India |
To see the full peer comparison of Banaras Weave Private Limited, buy the company report.
Auditor
Banaras Weave Private Limited is audited by G D GUJRATI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G D GUJRATI & CO | FY 2019 | 006410C |
Shareholding
The shareholding of Banaras Weave Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Banaras Weave Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.03 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Apr 2023 | 100713736 | Hdfc Bank Limited | ₹20.55 Lakh | Open | |
| 25 Jan 2023 | 100682163 | Hdfc Bank Limited | ₹3.82 Cr | Open |
To see the full charge records of Banaras Weave Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Banaras Weave 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 Banaras Weave Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Banaras Weave has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAHCB4864B1ZQ | Uttar Pradesh | Active | 01 Nov 2017 |
To see the full GST registrations and return filing status of Banaras Weave Private Limited, buy the company report.
Recent activity
Banaras Weave Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ritu Kushwaha was appointed as Director on 12 Oct 2017.
Charges
A charge with Hdfc Bank Limited of Rs. 382.00 Lakh registered on 25 Jan 2023 with Charge ID 100682163 was modified on 27 Oct 2025.
AGM
Banaras Weave Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Banaras Weave Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.55 Lakh with Charge ID 100713736 was registered on 03 Apr 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 382.00 Lakh with Charge ID 100682163 was registered on 25 Jan 2023.
Appointed
Ritu Kushwaha was appointed as Director.
Appointed
Vishnu Kushwaha was appointed as Director.
Incorporation
12 Oct 2017
Banaras Weave Private Limited was registered on 12 Oct 2017 with Roc Uttar Pradesh I & aged 9 years 1 month as per MCA records.
Frequently asked questions
Banaras Weave is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 October 2017 (9+ years old) and is registered under CIN U17309UP2017PTC097804.
Banaras Weave has 2 current directors:
- Vishnu Kushwaha - Director
- Ritu Kushwaha - Director
The latest financial statements of Banaras Weave 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 FY 2018 are in the company report.
The GSTIN of Banaras Weave is 09AAHCB4864B1ZQ, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Banaras Weave is U17309UP2017PTC097804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banaras Weave was incorporated on 12 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Banaras Weave by revenue are Creative Chain Stores Pvt Ltd, Jomar Apparels Private Limited, Ramkrupa Ginning and Pressing Private Limited, Platinum Creations Private Limited, Parth Rayon Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ritu Kushwaha was appointed as Director on 12 Oct 2017. Vishnu Kushwaha was appointed as Director on 12 Oct 2017.
Yes, Banaras Weave is registered as an MSME under Udyam registration (number: UDYAM-UP-75-0000531).
Banaras Weave can be reached through the website banarasweave.com. Its registered office is in Varanasi, Uttar Pradesh, India.
The registered office of Banaras Weave is at J 2559 A – 4 Usmanpura Jaitpura, Varanasi, Uttar Pradesh, India – 221001.
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