Chaudhary Textiles Private Limited
About Chaudhary Textiles Private Limited
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Chaudhary Textiles Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ2005PTC045906. Its GSTIN is 24AACCC5856D1ZW (Gujarat).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Sangeetaben Jigeshkumar Shah and Kunde Prakash Vargede.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Vinayak Apts 33 Srinagarkalol N G, Gandhinagar, Gujarat, India – 382721.
As per the financials filed for FY 2023, the company reported a revenue of ₹83.43 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹10.86 Lakh (net margin 13%) and EBITDA of ₹13.92 Lakh (EBITDA margin 16.7%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
As per MCA filings, the company has satisfied charges of ₹2.13 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chaudhary Textiles Private Limited's registered office is in Gandhinagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVinayak Apts 33 Srinagarkalol N G, Gandhinagar, Gujarat, India – 382721
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Chaudhary Textiles Private Limited, buy the company report.
- 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
Business activity
The main business activity of Chaudhary Textiles 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 Chaudhary Textiles Private Limited, buy the company report.
Financials of Chaudhary Textiles Private Limited
FY 2023 filings availableChaudhary Textiles Private Limited reported revenue of ₹83.43 Lakh (down 48% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 48% fall in the latest year. EBITDA rose 207% 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 |
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| EBITDA | ₹13.92 Lakh | ||||
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| Net Profit (PAT) | ₹10.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 16.7% | ||||
| Net Profit Margin | 13% | ||||
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To see the full financial statements and ratios of Chaudhary Textiles Private Limited, buy the company report.
Board of directors of Chaudhary Textiles Private Limited
Chaudhary Textiles has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeetaben Jigeshkumar Shah | Director | 07 Oct 2019 | 7 Years 0 Months | Current |
| Kunde Prakash Vargede | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Manubhai Bhailalbhai Patel | Director | 20 Apr 2005 | 21 Years 6 Months | Current |
| Rakeshkumar Chunilal Patel | Director | 20 Apr 2005 | 21 Years 6 Months | Current |
| Bhavin Manubhai Chaudhri | Director | 01 Apr 2014 | 12 Years 6 Months | Current |
| Jigesh Jitendra Shah | Director | 20 Apr 2005 | 21 Years 6 Months | Current |
Peer comparison
Chaudhary Textiles Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Pinkcow Designs Private Limited | ₹83.98 Lakh (FY 2024) | -9.0% | Mumbai, Maharashtra, India | |||
| Rajni Texfab Private Limited | ₹83.83 Lakh (FY 2024) | Surat, Gujarat, India | ||||
| Chaudhary Textiles Private Limitedthis company | ₹83.43 Lakh (FY 2023) | ₹10.86 Lakh | 13% | -48.0% | Gandhinagar, Gujarat, India | |
| SNJ Industry Private Limited | ₹83.4 Lakh (FY 2021) | -28.0% | Surat, Gujarat, India | |||
| Agrata Textile Private Limited | ₹83.28 Lakh (FY 2022) | -16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Chaudhary Textiles Private Limited, buy the company report.
Auditor
Chaudhary Textiles Private Limited is audited by BHAVESH B. SHAH & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVESH B. SHAH & CO. | FY 2017 | 43430 |
Shareholding
The shareholding of Chaudhary Textiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Chaudhary Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2009 | 10180866 | Central Bank of India | ₹17.4 Lakh | Satisfied | |
| 20 Sep 2005 | 80056031 | Central Bank of India | ₹1.96 Cr | Satisfied |
To see the full charge records of Chaudhary Textiles Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Chaudhary Textiles 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
No delayed payments to MSME suppliers are on our record for Chaudhary Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chaudhary Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCC5856D1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chaudhary Textiles Private Limited, buy the company report.
Recent activity
Chaudhary Textiles Private Limited has 10 board changes on record since 2005: 6 appointments and 4 cessations. The latest: Sangeetaben Jigeshkumar Shah ceased to be Additional Director on 31 Dec 2020.
5 earlier events are in the company report.
Frequently asked questions
Chaudhary Textiles is an active private limited company based in Gandhinagar, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 April 2005 (21+ years old) and is registered under CIN U17110GJ2005PTC045906.
Chaudhary Textiles has 6 current directors:
- Sangeetaben Jigeshkumar Shah - Director
- Kunde Prakash Vargede - Director
- Manubhai Bhailalbhai Patel - Director
- Rakeshkumar Chunilal Patel - Director
- Bhavin Manubhai Chaudhri - Director
- Jigesh Jitendra Shah - Director
The latest financial statements of Chaudhary Textiles on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Chaudhary Textiles is 24AACCC5856D1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Chaudhary Textiles is U17110GJ2005PTC045906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chaudhary Textiles was incorporated on 20 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Chaudhary Textiles by revenue are Pinkcow Designs Private Limited, Rajni Texfab Private Limited, SNJ Industry Private Limited, Agrata Textile Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sangeetaben Jigeshkumar Shah ceased to be Additional Director on 31 Dec 2020. Sangeetaben Jigeshkumar Shah was appointed as Director on 07 Oct 2019. Abhishek Jigesh Shah ceased to be Director on 26 Jul 2019. Chaudhary Textiles has 10 board changes on record in total.
The registered office of Chaudhary Textiles is at Vinayak Apts 33 Srinagarkalol N G, Gandhinagar, Gujarat, India – 382721.
Chaudhary Textiles operates in the manufacturing industry, in the textile and fabric production segment.
Chaudhary Textiles has no open charges and satisfied charges of ₹2.13 Cr as per latest MCA filings.
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