MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0000032
Bhaskar Silk Mills Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹96.63 Cr
▲ 1% YoY
Net profit · FY 2025
₹4.81 Cr
Net margin 5%
EBITDA · FY 2025
₹11.42 Cr
EBITDA margin 11.8%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹31.15 Cr
Satisfied ₹50.74 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
201
Provident fund records
About Bhaskar Silk Mills Private Limited
Data last updated:
Bhaskar Silk Mills Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17111GJ2004PTC044093. Its GSTIN is 24AACCB3983A1Z3 (Gujarat).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1 Cr. It is led by directors Ashok Kumar Mahabirprasad Tibrewal and Saurav Tibrewal.
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 21 Block No 296 Village Tantithaiya Tal Palsana, Surat, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.63 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹4.81 Cr (net margin 5%) and EBITDA of ₹11.42 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 11% over five years.
The company has about 201 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bhaskar Silk Mills. As per MCA filings, the company has open charges of ₹31.15 Cr and satisfied charges of ₹50.74 Cr on record. Court records list 76 cases involving the company, including 34 filed by the company and 42 filed against it; 5 cases are pending.
Bhaskar Silk Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0000032). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhaskar-silk-mills.business.site.
Company details
CIN U17111GJ2004PTC044093
Registration Number 044093
Incorporation Date 06 May 2004
ROC Ahmedabad
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 Medium
Udyam Registration UDYAM-GJ-22-0000032
Recognitions & Rankings of Bhaskar Silk Mills
Contact details
Bhaskar Silk Mills Private Limited's registered office is in Surat, Gujarat. Its website is bhaskar-silk-mills.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 21 Block No 296 Village Tantithaiya Tal Palsana, Surat, Gujarat, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Bhaskar Silk Mills Private Limited, buy the company report.
Comprehensive company report
Bhaskar Silk Mills 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
Bhaskar Silk Mills operates one associated brand: Bhaskar Silk Mills. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and processes fabrics through dyeing, printing, and designing services. | bhaskarsilkmills.com |
Business activity
The main business activity of Bhaskar Silk Mills 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 Bhaskar Silk Mills Private Limited, buy the company report.
Financials of Bhaskar Silk Mills Private Limited
FY 2025 filings availableBhaskar Silk Mills Private Limited reported revenue of ₹96.63 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹96.63 Cr ▲ 1%
Net profit · FY 2025
₹4.81 Cr margin 5%
EBITDA · FY 2025
₹11.42 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 7%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 31%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 1% growth in the latest year. EBITDA rose 29% 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 | ₹11.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.81 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 11.8% | ||||
| Net Profit Margin | 5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick 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 Bhaskar Silk Mills Private Limited, buy the company report.
Board of directors of Bhaskar Silk Mills Private Limited
Bhaskar Silk Mills has 2 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 |
|---|---|---|---|---|
| Ashok Kumar Mahabirprasad Tibrewal | Director | 06 May 2004 | 22 Years 5 Months | Current |
| Saurav Tibrewal | Director | 08 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Bhaskar Silk Mills Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Karle International Private Limited | ₹96.77 Cr (FY 2023) | 88.0% | Bangalore, Karnataka, India | |||
| Shri Damodar Yarn Manufacturing Pvt Ltd | ₹96.66 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Krishna Alkali (Bombay) Private Limited | ₹96.66 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India | |||
| Bhaskar Silk Mills Private Limitedthis company | ₹96.63 Cr (FY 2025) | ₹4.81 Cr | 5% | 1.0% | 201 | Surat, Gujarat, India |
| Shree Siddhivinayak Cotfab Private Limited | ₹96.63 Cr (FY 2025) | -48.0% | Ahmedabad, Gujarat, India | |||
| Kanti Fashion Fabs (India) Private Limited | ₹96.52 Cr (FY 2025) | 12.0% | Ahmedabad, Gujarat, India | |||
| Shree Polyester Industries Private Limited | ₹96.37 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India | |||
| Sri Vasudeva Textiles Private Limited | ₹96.36 Cr (FY 2024) | -6.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Bhaskar Silk Mills Private Limited, buy the company report.
Auditor
Bhaskar Silk Mills Private Limited is audited by DSI & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DSI & CO. | FY 2024 | 127226W |
Shareholding
The shareholding of Bhaskar Silk Mills Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhaskar Silk Mills Private Limited, buy the company report.
Charges & borrowings
Open charges
₹31.15 Cr
Satisfied charges
₹50.74 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2024 | 101014688 | Sidbi | ₹7.5 Cr | Open | |
| 12 Apr 2022 | 100570510 | Hdfc Bank Limited | ₹30.08 Lakh | Open | |
| 17 Apr 2020 | 100339264 | Axis Bank Limited | ₹23.35 Cr | Open | |
| 27 May 2022 | 100580416 | Axis Bank Limited | ₹2 Cr | Satisfied | |
| 28 Dec 2017 | 100144618 | Others | ₹1.94 Cr | Satisfied |
To see the full charge records of Bhaskar Silk Mills Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Bhaskar Silk Mills Private Limited has 76 court cases on record: 34 filed by Bhaskar Silk Mills, 42 filed against it. 5 cases are pending and 71 are disposed.
Total cases
76
Filed by the company
34
Filed against the company
42
Pending
5
Disposed
71
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 75 | 41 | 5 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (SPCS) | Filed against the company by Prabhakar Processors Pvt Ltd and 2 others | Disposed |
| District court, SURAT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed by the company against individuals | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed by the company against an individual | Pending |
To see the full case history of Bhaskar Silk Mills 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.
Credit ratings & regulatory alerts
Bhaskar Silk Mills Private Limited was last rated by Crisil on 10 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Dec 2020 |
To see the full credit ratings and regulatory alerts of Bhaskar Silk Mills Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhaskar Silk Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhaskar Silk Mills Private Limited has a workforce of 201 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
Employee count
201
Active EPFO establishments
1
Employee growth
-6.07%
GST
Bhaskar Silk Mills has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCB3983A1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhaskar Silk Mills Private Limited, buy the company report.
Recent activity
Bhaskar Silk Mills Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Rakesh Agarwal ceased to be Director on 31 Mar 2021.
AGM
Bhaskar Silk Mills Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhaskar Silk Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 23.35 Cr registered on 17 Apr 2020 with Charge ID 100339264 was modified on 15 Feb 2025.
Charges
A charge with Sidbi of Rs. 7.50 Cr registered on 06 Dec 2024 with Charge ID 101014688 was modified on 21 Dec 2024.
Charges
A charge with Sidbi amounted to Rs. 7.50 Cr with Charge ID 101014688 was registered on 06 Dec 2024.
Charges
A charge registered on 27 May 2022 via Charge ID 100580416 with Axis Bank Limited was fully satisfied on 10 Mar 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100580416 was registered on 27 May 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100570510 was registered on 12 Apr 2022.
Charges
A charge registered on 08 Sep 2016 via Charge ID 100049025 with Others was fully satisfied on 29 Nov 2021.
Charges
A charge registered on 22 Aug 2014 via Charge ID 10525666 with Oriental Bank Of Commerce was fully satisfied on 29 Nov 2021.
Charges
A charge registered on 06 Oct 2004 via Charge ID 80014241 with Others was fully satisfied on 29 Nov 2021.
Ceased
Rakesh Agarwal ceased to be Director.
38 earlier events are in the company report.
Frequently asked questions
Bhaskar Silk Mills is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 May 2004 (22+ years old) and is registered under CIN U17111GJ2004PTC044093.
Bhaskar Silk Mills has 2 current directors:
- Ashok Kumar Mahabirprasad Tibrewal - Director
- Saurav Tibrewal - Director
The latest financial statements of Bhaskar Silk Mills 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 Bhaskar Silk Mills is 24AACCB3983A1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Bhaskar Silk Mills is U17111GJ2004PTC044093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhaskar Silk Mills has 76 court cases on record: 34 filed by the company and 42 filed against it. 5 are pending. Most are in the district courts.
Bhaskar Silk Mills was incorporated on 06 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bhaskar Silk Mills by revenue are Karle International Private Limited, Shri Damodar Yarn Manufacturing Pvt Ltd, Krishna Alkali (Bombay) Private Limited, Shree Siddhivinayak Cotfab Private Limited, Kanti Fashion Fabs (India) Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Rakesh Agarwal ceased to be Director on 31 Mar 2021. Saurav Tibrewal ceased to be Additional Director on 29 Sep 2020. Saurav Tibrewal was appointed as Director on 08 Jan 2020. Bhaskar Silk Mills has 5 board changes on record in total.
Yes, Bhaskar Silk Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0000032).
Bhaskar Silk Mills can be reached through the website bhaskar-silk-mills.business.site. Its registered office is in Surat, Gujarat, India.
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