Gaurang Textiles Private Limited

Gaurang Textiles Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U17110MH2005PTC153544 Incorporated 27 May 2005 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2021
₹7.67 Cr
▼ 54% YoY
Net loss · FY 2021
₹26.1 Lakh
Net margin -3.4%
EBITDA · FY 2021
₹1.35 Cr
EBITDA margin 17.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Open charges
₹6.64 Cr
Satisfied ₹9.8 Cr
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings

About Gaurang Textiles Private Limited

Data last updated:

Gaurang Textiles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 May 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH2005PTC153544. Its GSTIN is 27AACCG4046P1Z9 (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors Avinash Kumar Bhabutmal Jain and Navinchand Bhabhutmal Jain.

Its last annual general meeting (AGM) was held on 25 March 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Floor – 2nd Plot – 6 Kapadia Building Dadi Seth Agiary Lane Malharraowadi Kalbadevi, Mumbai, Maharashtra, India – 400002.

As per the financials filed for FY 2021, the company reported a revenue of ₹7.67 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹26.1 Lakh (net margin -3.4%) and EBITDA of ₹1.35 Cr (EBITDA margin 17.6%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 9% over five years.

As per MCA filings, the company has open charges of ₹6.64 Cr and satisfied charges of ₹9.8 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 2 cases are pending.

Gaurang Textiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0033924). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17110MH2005PTC153544
Registration Number 153544
Incorporation Date 27 May 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 March 2022
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0033924
Key People
Avinash Kumar Bhabutmal Jain Director Navinchand Bhabhutmal Jain Director

Recognitions & Rankings of Gaurang Textiles

MSME (Udyam registered) Ministry of MSME
Category
Small (2022-23)
Udyam number
UDYAM-MH-19-0033924

Contact details

Gaurang Textiles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Floor – 2nd Plot – 6 Kapadia Building Dadi Seth Agiary Lane Malharraowadi Kalbadevi, Mumbai, Maharashtra, India – 400002
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Gaurang Textiles Private Limited, buy the company report.

Comprehensive company report
Gaurang Textiles 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 Gaurang Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Gaurang Textiles Private Limited, buy the company report.

Financials of Gaurang Textiles Private Limited

FY 2021 filings available

Gaurang Textiles Private Limited reported revenue of ₹7.67 Cr (down 54% YoY) for FY 2021.

Revenue · FY 2021
₹7.67 Cr ▼ 54%
Net loss · FY 2021
₹26.1 Lakh margin -3.4%
EBITDA · FY 2021
₹1.35 Cr margin 17.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 54%
3 years · compounded
▼ 22%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 3%
5 years · compounded
▲ 2%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 54% fall in the latest year. EBITDA fell 8% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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₹1.35 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹26.1 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin17.6%
Net Profit Margin-3.4%
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

To see the full financial statements and ratios of Gaurang Textiles Private Limited, buy the company report.

Board of directors of Gaurang Textiles Private Limited

Gaurang Textiles has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Avinash Kumar Bhabutmal JainDirector27 May 200521 Years 5 MonthsCurrent
Navinchand Bhabhutmal JainDirector27 May 200521 Years 5 MonthsCurrent
View all directors

Auditor

Gaurang Textiles Private Limited is audited by DHEERAJ SONI & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
DHEERAJ SONI & ASSOCIATESFY 2020140331W

Shareholding

The shareholding of Gaurang Textiles Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gaurang Textiles Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.64 Cr
Satisfied charges
₹9.8 Cr
Breakdown by lending institutions
Idbi Bank Limited₹6.64 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Feb 2018100197055Idbi Bank Limited₹6.64 CrOpen
23 Aug 2017100123383Others₹30 LakhSatisfied
17 Mar 2017100088392Others₹35 LakhSatisfied
17 Mar 2017100093159Others₹35 LakhSatisfied
14 Mar 2016100018503Others₹40 LakhSatisfied

To see the full charge records of Gaurang Textiles Private Limited, buy the company report.

Total charge records: 10 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gaurang Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Gaurang Textiles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCG4046P1Z9MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Gaurang Textiles Private Limited, buy the company report.

Recent activity

Gaurang Textiles Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Sangeeta Devendra Jain ceased to be Director on 09 Jan 2021.

Charges
A charge with Idbi Bank Limited of Rs. 6.64 Cr registered on 16 Feb 2018 with Charge ID 100197055 was modified on 30 Aug 2022.
AGM
Gaurang Textiles Private Limited last Annual general meeting of members was held on 25 Mar 2022 as per latest MCA records.
Filing
Gaurang Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai I.
Ceased
Sangeeta Devendra Jain ceased to be Director.
Ceased
Vaishali Avinash Jain ceased to be Director.
Charges
A charge registered on 23 Aug 2017 via Charge ID 100123383 with Others was fully satisfied on 27 Jul 2018.
Charges
A charge registered on 17 Mar 2017 via Charge ID 100088392 with Others was fully satisfied on 27 Jul 2018.
Charges
A charge registered on 17 Mar 2017 via Charge ID 100093159 with Others was fully satisfied on 27 Jul 2018.
Charges
A charge registered on 14 Mar 2016 via Charge ID 100018503 with Others was fully satisfied on 27 Jul 2018.
Charges
A charge registered on 29 Jul 2013 via Charge ID 10439910 with Development Credit Bank Limited was fully satisfied on 27 Jul 2018.
Charges
A charge registered on 31 Oct 2011 via Charge ID 10316769 with Dcb Bank Limited was fully satisfied on 27 Jul 2018.
Charges
A charge with Idbi Bank Limited amounted to Rs. 6.64 Cr with Charge ID 100197055 was registered on 16 Feb 2018.

18 earlier events are in the company report.

Frequently asked questions

Gaurang Textiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 May 2005 (21+ years old) and is registered under CIN U17110MH2005PTC153544.

Gaurang Textiles has 2 current directors:

The latest financial statements of Gaurang Textiles on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 March 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Gaurang Textiles is 27AACCG4046P1Z9, registered in Maharashtra.

The CIN (Corporate Identification Number) of Gaurang Textiles is U17110MH2005PTC153544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gaurang Textiles has 8 court cases on record: 8 filed against it. 2 are pending.

Gaurang Textiles was incorporated on 27 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.

Sangeeta Devendra Jain ceased to be Director on 09 Jan 2021. Vaishali Avinash Jain ceased to be Director on 09 Jan 2021. Sanjaykumar Bhabutmal Jain ceased to be Director on 26 Jun 2010. Gaurang Textiles has 5 board changes on record in total.

Yes, Gaurang Textiles is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0033924).

The registered office of Gaurang Textiles is at Floor – 2nd Plot – 6 Kapadia Building Dadi Seth Agiary Lane Malharraowadi Kalbadevi, Mumbai, Maharashtra, India – 400002.