Startup India Government of India
Binary Weavetech Private Limited
Binary Weavetech Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.54 Cr
▲ 238% YoY
Net loss · FY 2024
₹12.98 Lakh
Net margin -1.7%
EBITDA · FY 2024
₹78.94 Lakh
EBITDA margin 10.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹7.75 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
3
Provident fund records
About Binary Weavetech Private Limited
Data last updated:
Binary Weavetech Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17200GJ2021PTC124127. Its GSTIN is 24AAJCB9867A1ZL (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Parag Praveenchandra Kabra and Neha Susheel Dhamija.
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 Shop No 2321 To 2322 Millenium Tex. Mkt Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.54 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹12.98 Lakh (net margin -1.7%) and EBITDA of ₹78.94 Lakh (EBITDA margin 10.5%).
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.75 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Binary Weavetech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0080578).
Company details
CIN U17200GJ2021PTC124127
Registration Number 124127
Incorporation Date 15 July 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0080578
Recognitions & Rankings of Binary Weavetech
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0080578
Contact details
Binary Weavetech Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No 2321 To 2322 Millenium Tex. Mkt Ring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Binary Weavetech Private Limited, buy the company report.
Comprehensive company report
Binary Weavetech 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 Binary Weavetech 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 Binary Weavetech Private Limited, buy the company report.
Financials of Binary Weavetech Private Limited
FY 2025 filings availableBinary Weavetech Private Limited reported revenue of ₹7.54 Cr (up 238% YoY) for FY 2024.
Revenue · FY 2024
₹7.54 Cr ▲ 238%
Net loss · FY 2024
₹12.98 Lakh margin -1.7%
EBITDA · FY 2024
₹78.94 Lakh margin 10.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 238%
EBITDA CAGR growth
1 year
▲ 375%
Revenue rose 238% in the latest year. EBITDA rose 375% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹78.94 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹12.98 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.5% | ||
| Net Profit Margin | -1.7% | ||
| 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 Binary Weavetech Private Limited, buy the company report.
Board of directors of Binary Weavetech Private Limited
Binary Weavetech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Praveenchandra Kabra | Director | 15 Jul 2021 | 5 Years 3 Months | Current |
| Neha Susheel Dhamija | Director | 15 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Binary Weavetech Private Limited 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 |
|---|---|---|---|---|---|---|
| NRS Hosiery Private Limited | ₹7.56 Cr (FY 2021) | -64.0% | Howrah, West Bengal, India | |||
| Jamna Syntex Private Limited | ₹7.54 Cr (FY 2024) | -49.0% | Mumbai, Maharashtra, India | |||
| Binary Weavetech Private Limitedthis company | ₹7.54 Cr (FY 2024) | -₹12.98 Lakh | -1.7% | 238.0% | 3 | Surat, Gujarat, India |
| Chirau Commodities Pvt.Ltd. | ₹7.53 Cr (FY 2024) | -65.0% | Kolkata, West Bengal, India | |||
| Arrow Advance Materials Private Limited | ₹7.52 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Singla Collections Private Limited | ₹7.52 Cr (FY 2025) | 45.0% | New Delhi, Delhi, India |
To see the full peer comparison of Binary Weavetech Private Limited, buy the company report.
Auditor
Binary Weavetech Private Limited is audited by JUTHAWAT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JUTHAWAT & ASSOCIATES | FY 2023 | 0104468W |
Shareholding
The shareholding of Binary Weavetech Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Binary Weavetech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2022 | 100583578 | Others | ₹7.75 Cr | Open |
To see the full charge records of Binary Weavetech Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Binary Weavetech Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Binary Weavetech 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Binary Weavetech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Binary Weavetech Private Limited has a workforce of 3 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-25%
GST
Binary Weavetech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCB9867A1ZL | Gujarat | Active | 28 Oct 2021 |
To see the full GST registrations and return filing status of Binary Weavetech Private Limited, buy the company report.
Recent activity
Binary Weavetech Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Neha Susheel Dhamija was appointed as Director on 15 Jul 2021.
Charges
A charge with Others of Rs. 775.00 Lakh registered on 14 Jun 2022 with Charge ID 100583578 was modified on 05 Jan 2026.
AGM
Binary Weavetech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Binary Weavetech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 775.00 Lakh with Charge ID 100583578 was registered on 14 Jun 2022.
Appointed
Neha Susheel Dhamija was appointed as Director.
Appointed
Parag Praveenchandra Kabra was appointed as Director.
Incorporation
15 Jul 2021
Binary Weavetech Private Limited was registered on 15 Jul 2021 with Roc Ahmedabad & aged 5 years 3 months as per MCA records.
Frequently asked questions
Binary Weavetech 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 15 July 2021 (5+ years old) and is registered under CIN U17200GJ2021PTC124127.
Binary Weavetech has 2 current directors:
- Parag Praveenchandra Kabra - Director
- Neha Susheel Dhamija - Director
The latest financial statements of Binary Weavetech 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 2022 are in the company report.
The GSTIN of Binary Weavetech is 24AAJCB9867A1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Binary Weavetech is U17200GJ2021PTC124127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binary Weavetech has 2 court cases on record: 2 filed against it.
Binary Weavetech was incorporated on 15 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Binary Weavetech by revenue are NRS Hosiery Private Limited, Jamna Syntex Private Limited, Chirau Commodities Pvt.Ltd, Arrow Advance Materials Private Limited, Singla Collections Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Neha Susheel Dhamija was appointed as Director on 15 Jul 2021. Parag Praveenchandra Kabra was appointed as Director on 15 Jul 2021.
Yes, Binary Weavetech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Binary Weavetech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0080578).
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