Frontline Weavetech Private Limited
About Frontline Weavetech Private Limited
Data last updated:
Frontline Weavetech 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 22 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2016PTC094813. Its GSTIN is 24AACCF9763C1ZP (Gujarat).
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.22 Cr. It is led by directors including Asmitaben Niranjanbhai Nakrani and Hiraben Vashrambhai Gangani.
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 43 Sharddha Row House Opp. Zoo Sarthana Jakatnaka Varachha Road, Surat, Gujarat, India – 395006.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.42 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹44.43 Lakh (net margin -18.4%) and EBITDA of ₹29.53 Lakh (EBITDA margin 12.2%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has open charges of ₹11.13 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address43 Sharddha Row House Opp. Zoo Sarthana Jakatnaka Varachha Road, Surat, Gujarat, India – 395006
- IndustryManufacturing, Textile & Fabric Production
- 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 of Frontline Weavetech Private Limited
The main business activity of Frontline Weavetech is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Frontline Weavetech Private Limited FY 2025 filings available
Frontline Weavetech Private Limited reported revenue of ₹2.42 Cr (down 63% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Frontline Weavetech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 63% fall in the latest year. EBITDA rose 269% 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 Frontline Weavetech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹29.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹44.43 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 Frontline Weavetech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -18.4% | •••• | •••• | •••• | •••• |
| 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 Frontline Weavetech are in the company report.
Financial statements from FY 2017
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 Frontline Weavetech Private Limited
Frontline Weavetech Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hariom Textorium Private Limited | ₹2.42 Cr (FY 2024) | •••• | •••• | -44.0% | •••• | Navapur, Maharashtra, India |
| Valia Retail Private Limited | ₹2.42 Cr (FY 2025) | •••• | •••• | 133.0% | •••• | Mumbai, Maharashtra, India |
| Arc Non Woven Private Limited | ₹2.42 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Ahmedabad, Gujarat, India |
| E-Fabsew Private Limited | ₹2.42 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Bangalore, Karnataka, India |
| Mauz Fashions Private Limited | ₹2.42 Cr (FY 2025) | •••• | •••• | -71.0% | •••• | New Delhi, Delhi, India |
| Frontline Weavetech Private Limited this company | ₹2.42 Cr (FY 2024) | •••• | •••• | -63.0% | •••• | Surat, Gujarat, India |
| Avocet Industries Private Limited | ₹2.42 Cr (FY 2024) | •••• | •••• | 58.0% | •••• | Amritsar, Punjab, India |
| Saraj Estates Private Limited | ₹2.42 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Kolkata, West Bengal, India |
| Royalene Sulz Private Limited | ₹2.41 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Bhilwara, Rajasthan, India |
| Anjali Textiles Private Limited | ₹2.41 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ahmedabad, Gujarat, India |
| Spic Fashions Private Limited | ₹2.41 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Tirupur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Frontline Weavetech by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Frontline Weavetech Private Limited
Frontline Weavetech Private Limited is audited by R J D & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R J D & CO LLP | 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 Frontline Weavetech Private Limited
Frontline Weavetech has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asmitaben Niranjanbhai Nakrani | Director | 24 Oct 2023 | 2 Years 11 Months | Current |
| Hiraben Vashrambhai Gangani | Director | 22 Dec 2016 | 9 Years 9 Months | Current |
| Rekhaben Jivrajbhai Gangani Also directs: Cannol Universal Private Limited | Director | 22 Dec 2016 | 9 Years 9 Months | Current |
| Bhavana Vinod Gangani Also directs: Cannol Export Private Limited | Director | 22 Dec 2016 | 9 Years 9 Months | Current |
Ownership and Shareholding of Frontline Weavetech 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 Frontline Weavetech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2025 | Sidbi | ₹3.73 Cr | Open |
| 15 Dec 2023 | Canara Bank | ₹7.4 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Frontline Weavetech Private Limited
Employment history and EPFO contributions of people linked to Frontline Weavetech.
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 Frontline Weavetech Private Limited
Frontline Weavetech Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Asmitaben Niranjanbhai Nakrani ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Frontline Weavetech 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 Frontline Weavetech 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 Frontline Weavetech 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 Frontline Weavetech Private Limited
Frontline Weavetech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCF9763C1ZP | Gujarat | Active | 11 Aug 2017 |
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 Frontline Weavetech 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 Frontline Weavetech Private Limited
Frontline 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 22 December 2016 (10+ years old) and is registered under CIN U17299GJ2016PTC094813.
Frontline Weavetech reported revenue of ₹2.42 Cr for FY 2024 (down 63% YoY).
Frontline Weavetech has 4 current directors:
- Asmitaben Niranjanbhai Nakrani - Director
- Hiraben Vashrambhai Gangani - Director
- Rekhaben Jivrajbhai Gangani - Director
- Bhavana Vinod Gangani - Director
Frontline Weavetech reported a net loss of ₹44.43 Lakh (net margin -18.4%) and EBITDA of ₹29.53 Lakh (EBITDA margin 12.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Frontline Weavetech is -19% over three years. In the latest year (FY 2024) revenue fell 63%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Frontline Weavetech is 24AACCF9763C1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Frontline Weavetech is U17299GJ2016PTC094813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frontline Weavetech was incorporated on 22 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Frontline Weavetech by revenue are Hariom Textorium Private Limited, Valia Retail Private Limited, Arc Non Woven Private Limited, E-Fabsew Private Limited, Mauz Fashions Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Asmitaben Niranjanbhai Nakrani ceased to be Additional Director on 29 Sep 2024. Asmitaben Niranjanbhai Nakrani was appointed as Director on 24 Oct 2023. Narottambhai Vallabhbhai Lathiya ceased to be Director on 24 Oct 2023. Frontline Weavetech has 6 board changes on record in total.
The registered office of Frontline Weavetech is at 43 Sharddha Row House Opp. Zoo Sarthana Jakatnaka Varachha Road, Surat, Gujarat, India – 395006.