About Blacksmith Woven Conversion Private Limited
Data last updated:
Blacksmith Woven Conversion Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 09 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2019PTC111298. Its GSTIN is 24AAICB7922P1Z7 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nitaben Naginbhai Panchal and Naginbhai Muljibhai Panchal.
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 Plot No 64/1/F Phase 1 G.I.D.C Vatva Opp Canara Bank Near Gujarat Foundary Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.71 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹18.27 Lakh (net margin 0.9%) and EBITDA of ₹53.95 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 90% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Blacksmith Woven Conversion. As per MCA filings, the company has open charges of ₹2.06 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wovenconversion.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No 64/1/F Phase 1 G.I.D.C Vatva Opp Canara Bank Near Gujarat Foundary Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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 Blacksmith Woven Conversion Private Limited
The main business activity of Blacksmith Woven Conversion is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Blacksmith Woven Conversion Private Limited FY 2024 filings available
Blacksmith Woven Conversion Private Limited reported revenue of ₹20.71 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Blacksmith Woven Conversion Private Limited
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 90%. EBITDA fell 3% 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 Blacksmith Woven Conversion Private Limited
| 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 | ₹53.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.27 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 of Blacksmith Woven Conversion Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| 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 Blacksmith Woven Conversion are in the company report.
Financial statements from FY 2020
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 Blacksmith Woven Conversion Private Limited
Blacksmith Woven Conversion Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Its own revenue is ₹20.71 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rions India Lab Water Systems Private Limited | ₹20.87 Cr | •••• | •••• | •••• | 14 | Delhi, India |
| Buffalo Extraction Systems Private Limited | ₹20.84 Cr | •••• | •••• | •••• | - | Mulshi, Maharashtra, India |
| Rolls Makers Equipment Private Limited | ₹20.79 Cr | •••• | •••• | •••• | 41 | Muradnagar, Uttar Pradesh, India |
| S. K .Glass Machines (India) Private Limited | ₹20.77 Cr | •••• | •••• | •••• | - | Vasant Vihar, Delhi, India |
| Indo Texnology Private Limited | ₹20.74 Cr | •••• | •••• | •••• | 46 | Coimbatore, Tamil Nadu, India |
| Blacksmith Woven Conversion Private Limited this company | ₹20.71 Cr | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Lexus Machines Private Limited | ₹20.68 Cr | •••• | •••• | •••• | 26 | Ranga Reddy District, Telangana, India |
| Aquarius H2o Dynamics Private Limited | ₹20.67 Cr | •••• | •••• | •••• | 23 | Gandhinagar, Gujarat, India |
| Blast Carboblocks Private Limited | ₹20.66 Cr | •••• | •••• | •••• | 39 | Navi Mumbai, Maharashtra, India |
| Aastha Tools Private Limited | ₹20.65 Cr | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Velocity Engineers Private Limited | ₹20.62 Cr | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Blacksmith Woven Conversion by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.
Auditor Details of Blacksmith Woven Conversion Private Limited
Blacksmith Woven Conversion Private Limited is audited by ANKIT KUMAR MUNDRA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANKIT KUMAR MUNDRA | 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 Blacksmith Woven Conversion Private Limited
Blacksmith Woven Conversion has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitaben Naginbhai Panchal | Director | 09 Dec 2019 | 6 Years 9 Months | Current |
| Naginbhai Muljibhai Panchal | Director | 09 Dec 2019 | 6 Years 9 Months | Current |
| Jaydeep Naginbhai Panchal | Additional Director | 07 Nov 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of Blacksmith Woven Conversion 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 Blacksmith Woven Conversion Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jul 2025 | Others | ₹1.5 Cr | Open |
| 30 Jul 2024 | Hdfc Bank Limited | ₹13.96 Lakh | Open |
| 29 Jun 2024 | Hdfc Bank Limited | ₹6.41 Lakh | Open |
| 28 Jan 2024 | Hdfc Bank Limited | ₹15 Lakh | Open |
| 26 May 2023 | Hdfc Bank Limited | ₹20.46 Lakh | Open |
Total charge records: 5 View all charges
Legal Cases of Blacksmith Woven Conversion Private Limited
Blacksmith Woven Conversion Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by State of Gujarat | Disposed |
Full case history
All 1 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.
Associated Brands with Blacksmith Woven Conversion Private Limited
Blacksmith Woven Conversion operates one associated brand: Blacksmith Woven Conversion. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality machines for woven fabric cutting, stitching, and printing. | wovenconversion.com |
Employees and EPFO Compliance at Blacksmith Woven Conversion Private Limited
Blacksmith Woven Conversion Private Limited has a workforce of 16 employees as of Apr 07, 2024.
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 Blacksmith Woven Conversion Private Limited
Blacksmith Woven Conversion Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Jaydeep Naginbhai Panchal was appointed as Additional Director on 07 Nov 2025.
Credit Ratings, Litigation & Regulatory Alerts for Blacksmith Woven Conversion 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.
MSME Payment Delays by Blacksmith Woven Conversion Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Blacksmith Woven Conversion 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 Blacksmith Woven Conversion Private Limited
Blacksmith Woven Conversion has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICB7922P1Z7 | Gujarat | Active | 23 Dec 2019 |
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 Blacksmith Woven Conversion 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 Blacksmith Woven Conversion Private Limited
Blacksmith Woven Conversion is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 09 December 2019 (7+ years old) and is registered under CIN U29309GJ2019PTC111298.
Blacksmith Woven Conversion reported revenue of ₹20.71 Cr for FY 2025 (down 17% YoY).
Blacksmith Woven Conversion has 3 current directors:
- Nitaben Naginbhai Panchal - Director
- Naginbhai Muljibhai Panchal - Director
- Jaydeep Naginbhai Panchal - Additional Director
Blacksmith Woven Conversion reported a net profit of ₹18.27 Lakh (net margin 0.9%) and EBITDA of ₹53.95 Lakh (EBITDA margin 2.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Blacksmith Woven Conversion is 32% over three years and 90% over five years. In the latest year (FY 2025) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Blacksmith Woven Conversion is 24AAICB7922P1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Blacksmith Woven Conversion is U29309GJ2019PTC111298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blacksmith Woven Conversion has 1 court case on record: 1 filed against it.
Blacksmith Woven Conversion was incorporated on 09 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Blacksmith Woven Conversion by revenue are Rions India Lab Water Systems Private Limited, Buffalo Extraction Systems Private Limited, Rolls Makers Equipment Private Limited, S. K .Glass Machines (India) Private Limited, Indo Texnology Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Jaydeep Naginbhai Panchal was appointed as Additional Director on 07 Nov 2025. Naginbhai Muljibhai Panchal was appointed as Director on 09 Dec 2019. Nitaben Naginbhai Panchal was appointed as Director on 09 Dec 2019.