- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0094026

About Gtex Fabrics Private Limited
Data last updated:
Gtex Fabrics Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Gujarat Flotex Private Limited. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 01 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2016PTC092749. Its GSTIN is 24AAGCG4275J1ZG (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.04 Cr. It is led by directors Jay Prakash Tosniwal and Vikash Mehta.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹115.07 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹7.72 Cr (net margin 6.7%) and EBITDA of ₹17.84 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 257% over three years.
As per MCA filings, the company has open charges of ₹234.03 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Gtex Fabrics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0094026). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gtexfabrics.com.
Company details
Recognitions & Rankings of Gtex Fabrics
Contact details
Gtex Fabrics Private Limited's registered office is in Ahmedabad, Gujarat. Its website is gtexfabrics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressT.F. 301 Elanza Vertex Nr. Zainobiya Sindhu Bhavan Road Bodak, Dev, Ahmedabad, Gujarat, India – 380059
- IndustryConsumer Goods, Leather Goods Manufacturing
To see the full contact details of Gtex Fabrics 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
Financials of Gtex Fabrics Private Limited
FY 2025 filings availableGtex Fabrics Private Limited reported revenue of ₹115.07 Cr (up 48% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 257% over three years, including 48% growth in the latest year. EBITDA rose 64% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹115.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.72 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 6.7% | ||||
| 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 Gtex Fabrics Private Limited, buy the company report.
Board of directors of Gtex Fabrics Private Limited
Gtex Fabrics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Prakash Tosniwal | Director | 01 Jul 2016 | 10 Years 3 Months | Current |
| Vikash Mehta | Director | 01 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Gtex Fabrics Private Limited is audited by Surana Maloo & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Surana Maloo & Co. | FY 2023 | 112171W |
Shareholding
The shareholding of Gtex Fabrics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gtex Fabrics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2025 | 101122339 | Others | ₹18 Lakh | Open | |
| 17 Feb 2025 | 101048089 | Hdfc Bank Limited | ₹8 Lakh | Open | |
| 13 Sep 2024 | 100980258 | Others | ₹15 Lakh | Open | |
| 13 Sep 2023 | 100808314 | Hdfc Bank Limited | ₹31 Cr | Open | |
| 21 May 2022 | 100586696 | Hdfc Bank Limited | ₹35 Cr | Open |
To see the full charge records of Gtex Fabrics Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Gtex Fabrics Private Limited has 2 court cases on record: 2 filed by Gtex Fabrics. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Webond Foorwears Private Limited and 4 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Webond Foorwears Private Limited and 4 others | Disposed |
To see the full case history of Gtex Fabrics 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.
Credit ratings & regulatory alerts
Gtex Fabrics Private Limited was last rated by Crisil on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of Gtex Fabrics Private Limited, buy the company report.
MSME payment delays
Gtex Fabrics Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 650 overdue payments to 63 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 63)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Trivedi Rollwala Associates & Co | |||
| an individual supplier | |||
| an individual supplier | |||
| Vedang Infra Projects LLP | |||
| Ranjan Plastics Private Limited |
To see the full MSME payment records of Gtex Fabrics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Gtex Fabrics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCG4275J1ZG | Gujarat | Active | 30 Aug 2018 |
To see the full GST registrations and return filing status of Gtex Fabrics Private Limited, buy the company report.
Recent activity
Gtex Fabrics Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Jay Prakash Tosniwal was appointed as Director on 01 Jul 2016.
4 earlier events are in the company report.
Frequently asked questions
Gtex Fabrics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 01 July 2016 (10+ years old) and is registered under CIN U17299GJ2016PTC092749.
Gtex Fabrics has 2 current directors:
- Jay Prakash Tosniwal - Director
- Vikash Mehta - Director
The latest financial statements of Gtex Fabrics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Gtex Fabrics is 24AAGCG4275J1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Gtex Fabrics is U17299GJ2016PTC092749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gtex Fabrics has 2 court cases on record: 2 filed by the company. 1 is pending.
Gtex Fabrics was incorporated on 01 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jay Prakash Tosniwal was appointed as Director on 01 Jul 2016. Vikash Mehta was appointed as Director on 01 Jul 2016.
Yes, Gtex Fabrics is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0094026).
Gtex Fabrics has 11 MSME Form 1 returns on record between 2019 and 2024, listing 650 overdue payments to 63 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Gtex Fabrics can be reached through the website gtexfabrics.com. Its registered office is in Ahmedabad, Gujarat, India.