- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0001553

About Goyal Knitfab Private Limited
Data last updated:
Goyal Knitfab 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 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17118GJ2001PTC039344. Its GSTIN is 24AABCG3803B1ZE (Gujarat).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.69 Cr. It is led by directors Atul Sitaram Goyal (Whole-Time Director) and Krishnkumar Omprakash Kaushik.
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 Block No. 468 3rd Floor NH – 8 Taluka & Post – Palsana, Surat, Gujarat, India – 394315.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.44 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹41.54 Lakh (net margin -12.1%) and EBITDA of ₹34.63 Lakh (EBITDA margin 10.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Goyal Knitfab. As per MCA filings, the company has satisfied charges of ₹70.37 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Goyal Knitfab Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0001553). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goyalknitfab.com.
Company details
Recognitions & Rankings of Goyal Knitfab
Contact details
Goyal Knitfab Private Limited's registered office is in Surat, Gujarat. Its website is goyalknitfab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock No. 468 3rd Floor NH – 8 Taluka & Post – Palsana, Surat, Gujarat, India – 394315
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Goyal Knitfab 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
Brands
Goyal Knitfab operates one associated brand: Goyal Knitfab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Synthetic fabric manufacturing and supply services in India. | goyalknitfab.com |
Business activity
The main business activity of Goyal Knitfab 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 Goyal Knitfab Private Limited, buy the company report.
Financials of Goyal Knitfab Private Limited
FY 2025 filings availableGoyal Knitfab Private Limited reported revenue of ₹3.44 Cr (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 40% fall 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 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 | ₹3.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹34.63 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹41.54 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | -12.1% | ||||
| 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 Goyal Knitfab Private Limited, buy the company report.
Board of directors of Goyal Knitfab Private Limited
Goyal Knitfab has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnkumar Omprakash Kaushik | Director | 18 Nov 2014 | 11 Years 11 Months | Current |
| Atul Sitaram Goyal Also directs: Harodia Trades LLP, Nobletex Industries Limited | Whole-Time Director | 22 Mar 2001 | 25 Years 7 Months | Current |
Auditor
Goyal Knitfab Private Limited is audited by S K Kabra And Company for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K Kabra And Company | FY 2024 | 104508W |
Shareholding
The shareholding of Goyal Knitfab Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goyal Knitfab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2007 | 10061333 | State Bank of India | ₹27.83 Cr | Satisfied | |
| 22 Mar 2007 | 10047942 | State Bank of India | ₹27.83 Cr | Satisfied | |
| 18 Jan 2006 | 80031511 | Bank of Baroda | ₹10 Lakh | Satisfied | |
| 24 Mar 2003 | 80030823 | Bank of Baroda | ₹48 Lakh | Satisfied | |
| 18 Dec 2001 | 80030820 | Bank of Baroda | ₹9.28 Cr | Satisfied |
To see the full charge records of Goyal Knitfab Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Goyal Knitfab Private Limited has 3 court cases on record: 1 filed by Goyal Knitfab, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, SURAT, Gujarat | Commercial matter | Filed by the company against Equiplus India Exporst Pvt Ltd and 2 others | Disposed |
To see the full case history of Goyal Knitfab Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Goyal Knitfab Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 16 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| VSK Polyfins Private Limited | |||
| Om Creation | |||
| Hutch India Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Goyal Knitfab Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Goyal Knitfab Private Limited has a workforce of 28 employees on its EPFO records as of Oct 14, 2024, across 1 active EPFO establishment.
GST
Goyal Knitfab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCG3803B1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goyal Knitfab Private Limited, buy the company report.
Recent activity
Goyal Knitfab Private Limited has 6 board changes on record since 2001: 2 appointments and 4 cessations. The latest: Sitaram Ramkumar Goyal ceased to be Managing Director on 23 Oct 2020.
12 earlier events are in the company report.
Frequently asked questions
Goyal Knitfab 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 March 2001 (25+ years old) and is registered under CIN U17118GJ2001PTC039344.
Goyal Knitfab has 2 current directors:
- Atul Sitaram Goyal - Whole-Time Director
- Krishnkumar Omprakash Kaushik - Director
The latest financial statements of Goyal Knitfab on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Goyal Knitfab is 24AABCG3803B1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Goyal Knitfab is U17118GJ2001PTC039344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goyal Knitfab has 3 court cases on record: 1 filed by the company and 2 filed against it.
Goyal Knitfab was incorporated on 22 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sitaram Ramkumar Goyal ceased to be Managing Director on 23 Oct 2020. Krishnkumar Omprakash Kaushik was appointed as Director on 18 Nov 2014. Ramawtarsingh Poonia ceased to be Whole-Time Director on 18 Nov 2014. Goyal Knitfab has 6 board changes on record in total.
Yes, Goyal Knitfab is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0001553).
Goyal Knitfab has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 16 overdue payments to 13 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Goyal Knitfab can be reached through the website goyalknitfab.com. Its registered office is in Surat, Gujarat, India.

