About Gujarat Flotex Private Limited
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Gujarat Flotex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 December 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17118GJ2000PTC039072. Its GSTIN is 24AABCG4542P1ZF (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.54 Cr. It is led by directors including Vikas Mehta and Jay Prakash Tosniwal.
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 T.F. 301 Elanza Vertex Nr. Zainobiya Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2025, the company reported a revenue of ₹309.19 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹30.72 Cr (net margin 9.9%) and EBITDA of ₹74.11 Cr (EBITDA margin 24%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 22% over five years.
The company has about 694 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Gujarat Flotex. As per MCA filings, the company has open charges of ₹512.05 Cr and satisfied charges of ₹13.9 Cr on record. Court records list 16 cases involving the company, including 4 filed by the company and 12 filed against it. The company has 17 deals on record (12 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹4.45 Cr; the latest was in September 2017. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 4 smaller; the largest is Arthanari Loom Centre Textile Private Limited with revenue of ₹481.7 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,964 overdue payments to 91 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gujaratflotex.com.
Company details
Contact details
Gujarat Flotex Private Limited's registered office is in Ahmedabad, Gujarat. Its website is gujaratflotex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressT.F. 301 Elanza Vertex Nr. Zainobiya Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380059
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Gujarat Flotex 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
Gujarat Flotex operates one associated brand: Gujarat Flotex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces fabrics like upholstery, linens, and digital prints for export markets. | gujaratflotex.com |
Business activity
The main business activity of Gujarat Flotex 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 Gujarat Flotex Private Limited, buy the company report.
Financials of Gujarat Flotex Private Limited
FY 2025 filings availableGujarat Flotex Private Limited reported revenue of ₹309.19 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 29% growth in the latest year. EBITDA rose 20% 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 | ₹309.19 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹74.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.72 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24% | ||||
| Net Profit Margin | 9.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Gujarat Flotex Private Limited, buy the company report.
Board of directors of Gujarat Flotex Private Limited
Gujarat Flotex has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Mehta | Director | 15 Dec 2000 | 25 Years 10 Months | Current |
| Jay Prakash Tosniwal | Director | 15 Dec 2000 | 25 Years 10 Months | Current |
| Nisha Tosniwal | Director | 15 Apr 2011 | 15 Years 6 Months | Current |
| Priya Mehta Vikash | Director | 15 Apr 2011 | 15 Years 6 Months | Current |
| Chanchalraj Ganeshmal Mehta Also directs: Western Flock Pvt Ltd, Vyom Exim LLP | Director | 01 Apr 2018 | 8 Years 6 Months | Current |
| Kailash Chand Toshniwal Also directs: Western Flock Pvt Ltd | Director | 01 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Gujarat Flotex Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arthanari Loom Centre Textile Private Limited | ₹481.7 Cr (FY 2025) | 31.0% | Salem, Tamil Nadu, India | |||
| Perfect Filaments Limited | ₹475.45 Cr (FY 2025) | 13.0% | Nani Daman, Daman and Diu, India | |||
| Anithaa Weaving Mill Private Limited | ₹471.49 Cr (FY 2025) | 3.0% | Namakkal, Tamil Nadu, India | |||
| Sri Kannapiran Mills Limited | ₹463.77 Cr (FY 2025) | -4.0% | Coimbatore, Tamil Nadu, India | |||
| Santhi Processing Unit Private Limited | ₹461.51 Cr (FY 2025) | 35.0% | Pallipalayam, Tamil Nadu, India | |||
| Oriilon India Private Limited | ₹460.33 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Gujarat Flotex Private Limitedthis company | ₹309.19 Cr (FY 2025) | ₹30.72 Cr | 9.9% | 29.0% | 694 | Ahmedabad, Gujarat, India |
To see the full peer comparison of Gujarat Flotex Private Limited, buy the company report.
Auditor
Gujarat Flotex Private Limited is audited by P.M. Nahata & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.M. Nahata & Co. | FY 2023 | 127484W |
Shareholding
The shareholding of Gujarat Flotex 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gujarat Flotex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2026 | 101377857 | Others | ₹36 Lakh | Open | |
| 21 Jul 2026 | 101349307 | Others | ₹11.78 Cr | Open | |
| 27 Apr 2026 | 101285932 | Others | ₹1.33 Cr | Open | |
| 22 Jan 2026 | 101230403 | Others | ₹6 Cr | Open | |
| 03 Jul 2025 | 101122337 | Others | ₹18 Lakh | Open |
To see the full charge records of Gujarat Flotex Private Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Gujarat Flotex Private Limited has 17 deals on record (12 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹4.45 Cr; the latest was in September 2017.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Rights issue | ₹25 Lakh | Investors: Western Flock Pvt Ltd , 3 individuals |
| Sep 2016 | Rights issue | ₹60 Lakh | Investors: Western Flock Pvt Ltd , 3 individuals |
| Aug 2014 | Rights issue | ₹67.8 Lakh | Investors: Western Flock Pvt Ltd , 3 individuals |
| Jan 2012 | Secondary share transfer | Undisclosed | Buyer: Cr Mehta HUF, Vyom Exim Private Limited , 2 individuals Seller: 2 individuals |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Western Flock Pvt Ltd Seller: Lavender Promoters Private Limited , Limelight Distributors Private Limited, Gannayak Vappar Private Limited |
To see the full deal history of Gujarat Flotex Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gujarat Flotex Private Limited has 16 court cases on record: 4 filed by Gujarat Flotex, 12 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 9 | 0 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by an individual | Disposed |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat, A R Ojha | Disposed |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat A R Ojha Factory Inspector | Disposed |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Gujarat Flotex 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
Gujarat Flotex Private Limited was last rated by Crisil on 06 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 06 Oct 2020 |
To see the full credit ratings and regulatory alerts of Gujarat Flotex Private Limited, buy the company report.
MSME payment delays
Gujarat Flotex Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,964 overdue payments to 91 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 91)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Anand Chem Industries Pvt Ltd | |||
| an individual supplier | |||
| Remik Trading Company Private Limited | |||
| an individual supplier | |||
| Gopi Knits |
To see the full MSME payment records of Gujarat Flotex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Gujarat Flotex has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gtex Fabrics Private Limited | U17299GJ2016PTC092749 | |
| V&J Furnishings Private Limited | U52609GJ2016PTC091902 |
To see the full group structure of Gujarat Flotex Private Limited, buy the company report.
Employees & EPFO
Gujarat Flotex Private Limited has a workforce of 694 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Gujarat Flotex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCG4542P1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gujarat Flotex Private Limited, buy the company report.
Recent activity
Gujarat Flotex Private Limited has 7 board changes on record since 2000: 6 appointments and 1 cessation. The latest: Chanchalraj Ganeshmal Mehta was appointed as Director on 01 Apr 2018.
47 earlier events are in the company report.
Frequently asked questions
Gujarat Flotex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 December 2000 (26+ years old) and is registered under CIN U17118GJ2000PTC039072.
Gujarat Flotex has 6 current directors:
- Vikas Mehta - Director
- Jay Prakash Tosniwal - Director
- Nisha Tosniwal - Director
- Priya Mehta Vikash - Director
- Chanchalraj Ganeshmal Mehta - Director
- Kailash Chand Toshniwal - Director
The latest financial statements of Gujarat Flotex 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 2015 are in the company report.
The GSTIN of Gujarat Flotex is 24AABCG4542P1ZF, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Gujarat Flotex is U17118GJ2000PTC039072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gujarat Flotex has 16 court cases on record: 4 filed by the company and 12 filed against it. Most are in the district courts.
Gujarat Flotex was incorporated on 15 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gujarat Flotex has 17 deals on record (12 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹4.45 Cr; the latest was in September 2017.
The peers of Gujarat Flotex by revenue are Arthanari Loom Centre Textile Private Limited, Perfect Filaments Limited, Anithaa Weaving Mill Private Limited, Sri Kannapiran Mills Limited, Santhi Processing Unit Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Chanchalraj Ganeshmal Mehta was appointed as Director on 01 Apr 2018. Kailash Chand Toshniwal was appointed as Director on 01 Apr 2018. Anand Netanand Choudhary ceased to be Director on 30 Apr 2011. Gujarat Flotex has 7 board changes on record in total.
Gujarat Flotex has 14 MSME Form 1 returns on record between 2019 and 2024, listing 1,964 overdue payments to 91 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Gujarat Flotex can be reached through the website gujaratflotex.com. Its registered office is in Ahmedabad, Gujarat, India.