MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-RJ-07-0001616
Bhartiya Spinners Ltd - manufacturing in Bhilwara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.14 Cr
▼ 16% YoY
Net loss · FY 2024
₹94.1 Lakh
Net margin -22.7%
EBITDA · FY 2024
-₹72.73 Lakh
EBITDA margin -17.6%
Authorised capital
₹3.81 Cr
Registered with MCA
Paid-up capital
₹37.22 Lakh
Issued & subscribed
Open charges
₹11.98 Cr
Satisfied ₹1.6 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
1
Provident fund records
About Bhartiya Spinners Ltd
Data last updated:
Bhartiya Spinners Ltd is a public limited company based in Bhilwara, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17301RJ1995PLC010513. Its GSTIN is 08AAACB5566H1ZM (Rajasthan).
The company has an authorised share capital of ₹3.81 Cr and a paid-up capital of ₹37.22 Lakh. It is led by directors including Chetan Prakash Agarwal (Managing Director) and Sushil Somdutt Agrawal.
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 1st Floor B – 6 Somila Tower Azad Nagar Chouraha Pur Road, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.14 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹94.1 Lakh (net margin -22.7%) and EBITDA of -₹72.73 Lakh (EBITDA margin -17.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 4% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.98 Cr and satisfied charges of ₹1.6 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 4 cases are pending.
Bhartiya Spinners Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-07-0001616). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhartiyaspinners.com.
Company details
CIN U17301RJ1995PLC010513
Registration Number 010513
Incorporation Date 04 August 1995
ROC Jaipur
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 Small
Udyam Registration UDYAM-RJ-07-0001616
Key People
Chetan Prakash Agarwal Managing Director Sushil Somdutt Agrawal Director Mahesh Shrikishan Agrawal Director Recognitions & Rankings of Bhartiya Spinners
Contact details
Bhartiya Spinners Ltd's registered office is in Bhilwara, Rajasthan. Its website is bhartiyaspinners.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor B – 6 Somila Tower Azad Nagar Chouraha Pur Road, Bhilwara, Rajasthan, India – 311001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Bhartiya Spinners Ltd, buy the company report.
Comprehensive company report
Bhartiya Spinners Ltd - 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 Bhartiya Spinners 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 Bhartiya Spinners Ltd, buy the company report.
Financials of Bhartiya Spinners Ltd
FY 2025 filings availableBhartiya Spinners Ltd reported revenue of ₹4.14 Cr (down 16% YoY) for FY 2024.
Revenue · FY 2024
₹4.14 Cr ▼ 16%
Net loss · FY 2024
₹94.1 Lakh margin -22.7%
EBITDA · FY 2024
-₹72.73 Lakh margin -17.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 13%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 232%
3 years · compounded
▼ 43%
5 years · compounded
▼ 36%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 16% fall in the latest year. EBITDA fell 232% 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 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 | -₹72.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹94.1 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.6% | ||||
| Net Profit Margin | -22.7% | ||||
| 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 Bhartiya Spinners Ltd, buy the company report.
Board of directors of Bhartiya Spinners Ltd
Bhartiya Spinners has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Somdutt Agrawal | Director | 04 Aug 1995 | 31 Years 2 Months | Current |
| Mahesh Shrikishan Agrawal | Director | 05 Oct 1995 | 31 Years 0 Months | Current |
| Chetan Prakash Agarwal Also directs: Shrinath Royal Infra LLP, Shrinath Infra Developers LLP, Yashasvee Textiles Private Limited and 2 more | Managing Director | 01 Oct 2009 | 17 Years 0 Months | Current |
Peer comparison
Bhartiya Spinners Ltd is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Greenwear Fashion Private Limited | ₹4.15 Cr (FY 2025) | -31.0% | Lucknow, Uttar Pradesh, India | |||
| Bhartiya Spinners Ltdthis company | ₹4.14 Cr (FY 2024) | -₹94.1 Lakh | -22.7% | -16.0% | 1 | Bhilwara, Rajasthan, India |
| Pioneer Suitings Private Limited | ₹4.14 Cr (FY 2025) | -12.0% | Alwar, Rajasthan, India | |||
| Usns Textiles & Apparels Private Limited | ₹4.14 Cr (FY 2024) | 648.0% | Gurgaon, Haryana, India | |||
| Uma Spinning Mills Private Limited | ₹4.14 Cr (FY 2025) | 123.0% | Salem, Tamil Nadu, India | |||
| Creative Line International Private Limited | ₹4.13 Cr (FY 2023) | 26.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Bhartiya Spinners Ltd, buy the company report.
Auditor
Bhartiya Spinners Ltd is audited by A. BAFNA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. BAFNA & CO. | FY 2023 | 003660C |
Shareholding
The shareholding of Bhartiya Spinners Ltd 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 Bhartiya Spinners Ltd, buy the company report.
Charges & borrowings
Open charges
₹11.98 Cr
Satisfied charges
₹1.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2000 | 90067053 | Others | ₹3.2 Cr | Open | |
| 23 Dec 1999 | 90066986 | Others | ₹3.2 Cr | Open | |
| 17 Jan 1996 | 90066545 | Others | ₹4.16 Cr | Open | |
| 07 Jan 1996 | 90066540 | Others | ₹1.42 Cr | Open | |
| 19 Aug 1997 | 90070095 | Bank of Baroda | ₹1.6 Cr | Satisfied |
To see the full charge records of Bhartiya Spinners Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Bhartiya Spinners Ltd has 9 court cases on record: 8 filed by Bhartiya Spinners, 1 filed against it. 4 cases are pending and 5 are disposed.
Total cases
9
Filed by the company
8
Filed against the company
1
Pending
4
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 4 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, RAJASTHAN | Writ petition | Filed by the company against The Ajmer Vidyut Vitran Nigam Limited and 3 others | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Ajmer Vidyut Vitran Nigam Ltd. and Ors | Disposed |
| High Court, RAJASTHAN | Interim or miscellaneous application | Filed by the company against The State of Rajasthan | Pending |
| NCLT, Jaipur | Company petition | Filed against the company by an individual | Disposed |
| High Court | Court case (COP) | Filed by the company against an individual | Disposed |
To see the full case history of Bhartiya Spinners Ltd, 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
Bhartiya Spinners Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Somila Texfab (India) Private Limited |
To see the full MSME payment records of Bhartiya Spinners Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bhartiya Spinners Ltd has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
GST
Bhartiya Spinners has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACB5566H1ZM | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhartiya Spinners Ltd, buy the company report.
Recent activity
Bhartiya Spinners Ltd has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Eliachydevi Somdatta Agrawal ceased to be Director on 01 May 2023.
AGM
Bhartiya Spinners Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhartiya Spinners Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Others of Rs. 3.20 Cr registered on 29 Jun 2000 with Charge ID 90067053 was modified on 27 Dec 2023.
Ceased
Eliachydevi Somdatta Agrawal ceased to be Director.
Charges
A charge with Others of Rs. 3.20 Cr registered on 23 Dec 1999 with Charge ID 90066986 was modified on 01 Feb 2021.
Charges
A charge with Others of Rs. 4.16 Cr registered on 17 Jan 1996 with Charge ID 90066545 was modified on 01 Feb 2021.
Charges
A charge with Others of Rs. 1.42 Cr registered on 07 Jan 1996 with Charge ID 90066540 was modified on 01 Feb 2021.
Charges
A charge registered on 19 Aug 1997 via Charge ID 90070095 with Bank Of Baroda was fully satisfied on 10 Nov 2012.
Appointed
Chetan Prakash Agarwal was appointed as Managing Director.
Ceased
Rajeev Garg ceased to be Director.
Ceased
Vinod Kumar Agarwal ceased to be Director.
Charges
A charge with Others amounted to Rs. 3.20 Cr with Charge ID 90067053 was registered on 29 Jun 2000.
8 earlier events are in the company report.
Frequently asked questions
Bhartiya Spinners is an active public limited company based in Bhilwara, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 04 August 1995 (31+ years old) and is registered under CIN U17301RJ1995PLC010513.
Bhartiya Spinners has 3 current directors:
- Chetan Prakash Agarwal - Managing Director
- Sushil Somdutt Agrawal - Director
- Mahesh Shrikishan Agrawal - Director
The latest financial statements of Bhartiya Spinners 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 Bhartiya Spinners is 08AAACB5566H1ZM, registered in Rajasthan.
The CIN (Corporate Identification Number) of Bhartiya Spinners is U17301RJ1995PLC010513. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhartiya Spinners has 9 court cases on record: 8 filed by the company and 1 filed against it. 4 are pending. Most are in the high courts.
Bhartiya Spinners was incorporated on 04 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Bhartiya Spinners by revenue are Greenwear Fashion Private Limited, Pioneer Suitings Private Limited, Usns Textiles & Apparels Private Limited, Uma Spinning Mills Private Limited, Creative Line International Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Eliachydevi Somdatta Agrawal ceased to be Director on 01 May 2023. Chetan Prakash Agarwal was appointed as Managing Director on 01 Oct 2009. Rajeev Garg ceased to be Director on 01 Dec 2007. Bhartiya Spinners has 6 board changes on record in total.
Yes, Bhartiya Spinners is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-07-0001616).
Bhartiya Spinners has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Bhartiya Spinners can be reached through the website bhartiyaspinners.com. Its registered office is in Bhilwara, Rajasthan, India.