About Gem Threads (India) Private Limited
Data last updated:
Gem Threads (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17120KA2011PTC056534. Its GSTIN is 29AAECG1069J1ZE (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Abhay Pachpande and Seema Pach Pande.
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 F – 16 Kushal Garden Aracade 1 – A 1st Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹6 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹28.85 Lakh (net margin 4.8%) and EBITDA of ₹83.27 Lakh (EBITDA margin 13.9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 7% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.37 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gemthreads.com.
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- Website
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- Registered AddressF – 16 Kushal Garden Aracade 1 – A 1st Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- 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
- One PDF report, delivered after checkout
Business Activity of Gem Threads (India) Private Limited
The main business activity of Gem Threads (India) 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 Gem Threads (India) Private Limited FY 2025 filings available
Gem Threads (India) Private Limited reported revenue of ₹6 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Gem Threads (India) Private Limited
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 33% 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 Gem Threads (India) 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 | ₹83.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.85 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 Gem Threads (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.8% | •••• | •••• | •••• | •••• |
| 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 Gem Threads (India) are in the company report.
Financial statements from 2015
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 Gem Threads (India) Private Limited
Gem Threads (India) 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 |
|---|---|---|---|---|---|---|
| Sutex Yarns Private Limited | ₹6.02 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Surat, Gujarat, India |
| Kals Tex Private Limited | ₹6.01 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Mumbai, Maharashtra, India |
| Vishnuraam Textiles Private Limited | ₹6.01 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Tiruppur, Tamil Nadu, India |
| Y. Diamond Private Limited | ₹6.01 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Kolkata, West Bengal, India |
| Krislon Creations Private Limited | ₹6 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Surat, Gujarat, India |
| Gem Threads (India) Private Limited this company | ₹6 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| S.R Pashmina Private Limited | ₹5.99 Cr (FY 2025) | •••• | •••• | 281.0% | •••• | Srinagar, Jammu and Kashmir, India |
| Swastik Wardrobe Private Limited | ₹5.99 Cr (FY 2018) | •••• | •••• | -27.0% | •••• | New Delhi, Delhi, India |
| Sree Sreenivasa Textile Processing Private Limited | ₹5.99 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Vimal Wearing Apparels Private Limited | ₹5.99 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Indore, Madhya Pradesh, India |
| G T M Textiles Private Limited | ₹5.99 Cr (FY 2016) | •••• | •••• | 229.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Gem Threads (India) 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 Gem Threads (India) Private Limited
Gem Threads (India) Private Limited is audited by RAMACHANDRA & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMACHANDRA & ASSOCIATES | 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 Gem Threads (India) Private Limited
Gem Threads (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Pachpande | Director | 06 Jan 2011 | 15 Years 9 Months | Current |
| Seema Pach Pande | Director | 06 Jan 2011 | 15 Years 9 Months | Current |
| Sangita Joshi | Director | 25 Mar 2015 | 11 Years 6 Months | Current |
Ownership and Shareholding of Gem Threads (India) 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 Gem Threads (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jan 2022 | Indian Overseas Bank | ₹30 Lakh | Open |
| 02 Mar 2021 | Indian Overseas Bank | ₹20 Lakh | Open |
| 13 Aug 2019 | Indian Overseas Bank | ₹90 Lakh | Open |
| 15 Jul 2017 | Indian Overseas Bank | ₹15 Lakh | Open |
| 22 Feb 2013 | Indian Overseas Bank | ₹82 Lakh | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Gem Threads (India) Private Limited
Gem Threads (India) Private Limited has a workforce of 17 employees as of Apr 01, 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 Gem Threads (India) Private Limited
Gem Threads (India) Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Sangita Joshi ceased to be Additional Director on 29 Mar 2015.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gem Threads (India) 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 Gem Threads (India) 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 Gem Threads (India) 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 Gem Threads (India) Private Limited
Gem Threads (India) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECG1069J1ZE | Karnataka | Active | 01 Jul 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 Gem Threads (India) 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 Gem Threads (India) Private Limited
Gem Threads (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 January 2011 (15+ years old) and is registered under CIN U17120KA2011PTC056534.
Gem Threads (India) reported revenue of ₹6 Cr for FY 2025 (up 10% YoY).
Gem Threads (India) has 3 current directors:
- Abhay Pachpande - Director
- Seema Pach Pande - Director
- Sangita Joshi - Director
Gem Threads (India) reported a net profit of ₹28.85 Lakh (net margin 4.8%) and EBITDA of ₹83.27 Lakh (EBITDA margin 13.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gem Threads (India) is -5% over three years and -7% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gem Threads (India) is 29AAECG1069J1ZE, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Gem Threads (India) is U17120KA2011PTC056534. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gem Threads (India) was incorporated on 06 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Gem Threads (India) by revenue are Sutex Yarns Private Limited, Kals Tex Private Limited, Vishnuraam Textiles Private Limited, Y. Diamond Private Limited, Krislon Creations Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Sangita Joshi ceased to be Additional Director on 29 Mar 2015. Sangita Joshi was appointed as Director on 25 Mar 2015. Abhay Pachpande was appointed as Director on 06 Jan 2011. Gem Threads (India) has 4 board changes on record in total.
Gem Threads (India) can be reached through the website gemthreads.com. Its registered office is in Bangalore, Karnataka, India.