MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0054905
Bright Weaves Private Limited
Bright Weaves Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹29.64 Cr
▲ 29% YoY
Net profit · FY 2023
₹63.62 Lakh
Net margin 2.1%
EBITDA · FY 2023
₹5.28 Cr
EBITDA margin 17.8%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.55 Cr
Issued & subscribed
Open charges
₹15.25 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
3
Provident fund records
About Bright Weaves Private Limited
Data last updated:
Bright Weaves 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 03 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17200GJ2014PTC079998. Its GSTIN is 24AAFCB9517M1ZD (Gujarat).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.55 Cr. It is led by directors Navinbhai Devendrabhai Patel and Tejas Navinbhai Patel.
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 Block No – 229 Plot No – 176/E – 1 Bombaywala Compound Opp.Karanj Textile Park Village – Molvan, Surat, Gujarat, India – 394110.
As per the financials filed for FY 2023, the company reported a revenue of ₹29.64 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹63.62 Lakh (net margin 2.1%) and EBITDA of ₹5.28 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 34% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.25 Cr on record.
Bright Weaves Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0054905). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17200GJ2014PTC079998
Registration Number 079998
Incorporation Date 03 July 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0054905
Recognitions & Rankings of Bright Weaves
Contact details
Bright Weaves Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock No – 229 Plot No – 176/E – 1 Bombaywala Compound Opp.Karanj Textile Park Village – Molvan, Surat, Gujarat, India – 394110
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Bright Weaves Private Limited, buy the company report.
Comprehensive company report
Bright Weaves 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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Financials of Bright Weaves Private Limited
FY 2024 filings availableBright Weaves Private Limited reported revenue of ₹29.64 Cr (up 29% YoY) for FY 2023.
Revenue · FY 2023
₹29.64 Cr ▲ 29%
Net profit · FY 2023
₹63.62 Lakh margin 2.1%
EBITDA · FY 2023
₹5.28 Cr margin 17.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 28%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 50%
5 years · compounded
▲ 37%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 29% growth in the latest year. EBITDA rose 16% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63.62 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 Bright Weaves Private Limited, buy the company report.
Board of directors of Bright Weaves Private Limited
Bright Weaves has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navinbhai Devendrabhai Patel | Director | 24 Sep 2014 | 12 Years 1 Months | Current |
| Tejas Navinbhai Patel Also directs: Brightx Overseas LLP | Director | 24 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Bright Weaves Private Limited is audited by GRR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GRR & CO. | FY 2023 | 121213W |
Shareholding
The shareholding of Bright Weaves Private Limited 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 Bright Weaves Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2019 | 100267394 | The Kalupur Commercial Co-Operative Bank Limited | ₹7.24 Cr | Open | |
| 20 May 2015 | 10573134 | The Kalupur Commercial Co-Operative Bank Limited | ₹7.24 Cr | Open | |
| 15 Apr 2015 | 10573036 | The Kalupur Commercial Co-Op. Bank Ltd. | ₹77 Lakh | Open |
To see the full charge records of Bright Weaves Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Bright Weaves 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
Bright Weaves Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 205 overdue payments to 30 micro and small suppliers. 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 (5 of 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Bright Weaves Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bright Weaves Private Limited has a workforce of 3 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-57.14%
GST
Bright Weaves has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCB9517M1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bright Weaves Private Limited, buy the company report.
Recent activity
Bright Weaves Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Dhruvish Tejash Ruwala ceased to be Director on 24 Sep 2014.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 7.24 Cr registered on 30 May 2019 with Charge ID 100267394 was modified on 16 Apr 2025.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 7.24 Cr registered on 20 May 2015 with Charge ID 10573134 was modified on 16 Apr 2025.
AGM
Bright Weaves Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bright Weaves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 7.24 Cr with Charge ID 100267394 was registered on 30 May 2019.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 7.24 Cr with Charge ID 10573134 was registered on 20 May 2015.
Charges
A charge with The Kalupur Commercial Co-Op. Bank Ltd. amounted to Rs. 0.77 Cr with Charge ID 10573036 was registered on 15 Apr 2015.
Ceased
Dhruvish Tejash Ruwala ceased to be Director.
Ceased
Himanshu Nalinkumar Jariwala ceased to be Director.
Ceased
Namrataben Jiteshkumar Ruwala ceased to be Director.
Appointed
Navinbhai Devendrabhai Patel was appointed as Director.
Appointed
Tejas Navinbhai Patel was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Bright Weaves 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 03 July 2014 (12+ years old) and is registered under CIN U17200GJ2014PTC079998.
Bright Weaves has 2 current directors:
- Navinbhai Devendrabhai Patel - Director
- Tejas Navinbhai Patel - Director
The latest financial statements of Bright Weaves on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bright Weaves is 24AAFCB9517M1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Bright Weaves is U17200GJ2014PTC079998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bright Weaves was incorporated on 03 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhruvish Tejash Ruwala ceased to be Director on 24 Sep 2014. Himanshu Nalinkumar Jariwala ceased to be Director on 24 Sep 2014. Namrataben Jiteshkumar Ruwala ceased to be Director on 24 Sep 2014. Bright Weaves has 6 board changes on record in total.
Yes, Bright Weaves is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0054905).
Bright Weaves has 3 MSME Form 1 returns on record between 2019 and 2020, listing 205 overdue payments to 30 micro and small suppliers. The latest return was filed on 04 Dec 2020.
The registered office of Bright Weaves is at Block No – 229 Plot No – 176E – 1 Bombaywala Compound Opp.Karanj Textile Park Village – Molvan, Surat, Gujarat, India – 394110.
Bright Weaves operates in the manufacturing industry, in the textile and fabric production segment.
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