About Gujarat Hy - Spin Limited
Data last updated:
Gujarat Hy - Spin Limited is a public limited company based in Rajkot, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17110GJ2011PLC063898. Its GSTIN is 24AAECG1087C1Z1 (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 540938.
The company has an authorised share capital of ₹16.75 Cr and a paid-up capital of ₹16.75 Cr. It was formerly known as Gujarat Hy - Spin Private Limited. It is led by directors including Maganlal Shambhubhai Parvadiya (Whole-Time Director) and Chandubhai Sambhubhai Parvadiya (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at P. O. Box No. 22 Gundala Road Gondal, Rajkot, Gujarat, India – 360311.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹82.72 Cr, a decline of 10.6% compared to the previous year. For the same year it recorded a net profit of ₹4 Lakh (net margin 0%) and EBITDA of ₹1.9 Cr (EBITDA margin 2.3%). The net worth stands at ₹19.16 Cr (up 0.3% YoY). Total assets are valued at ₹33.09 Cr (up 18% YoY).
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gujarat Hyspin. As per MCA filings, the company has open charges of ₹44.15 Cr and satisfied charges of ₹39 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending. The company has 62 deals on record (61 market trades, 1 ipo); the latest was in April 2026. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 2 smaller; the largest is Naveen Cotton Mill Private Limited with revenue of ₹94.65 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gujarathyspin.com.
Company details
CIN history
Gujarat Hy - Spin has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17110GJ2011PLC063898, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17110GJ2011PLC063898 | Current |
| U17110GJ2011PLC063898 | Previous |
| U17110GJ2011PTC063898 | Previous |
Contact details
Gujarat Hy - Spin Limited's registered office is in Rajkot, Gujarat. Its website is gujarathyspin.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressP. O. Box No. 22 Gundala Road Gondal, Rajkot, Gujarat, India – 360311
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Gujarat Hy - Spin 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 Hy - Spin operates one associated brand: Gujarat Hyspin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Claims handling and legal expenses insurance services are provided. | gujarathyspin.com |
Business activity
The main business activity of Gujarat Hy - Spin 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 Hy - Spin Limited, buy the company report.
Financials of Gujarat Hy - Spin Limited
FY 2025-26 filings availableGujarat Hy - Spin Limited reported revenue of ₹82.72 Cr (down 10.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 82.72 | 92.56 | 91.76 | 60.80 | 69.45 | 49.77 | 47.43 |
| Revenue growth | -10.6% | +0.9% | +50.9% | -12.5% | +39.5% | +4.9% | - |
| EBITDA | 1.90 | 0.38 | 0.55 | 0.96 | 2.47 | 1.93 | 2.92 |
| EBITDA margin | +2.3% | +0.4% | +0.6% | +1.6% | +3.6% | +3.9% | +6.2% |
| Profit before tax | 0.06 | 0.13 | 0.15 | (0.68) | 0.41 | 0.28 | 0.19 |
| Net profit | 0.04 | 0.10 | 0.17 | (0.55) | 0.27 | 0.11 | 0.24 |
| Net profit margin | +0.1% | +0.1% | +0.2% | -0.9% | +0.4% | +0.2% | +0.5% |
| EPS (₹) | 0.03 | 0.06 | 0.10 | (0.32) | 0.17 | 0.07 | 0.14 |
| Balance sheet | |||||||
| Total assets | 33.09 | 28.04 | 28.78 | 30.18 | 33.26 | 39.92 | 41.92 |
| Net worth | 19.16 | 19.11 | 19.01 | 18.85 | 19.39 | 19.10 | 18.99 |
| Total debt | 13.80 | 8.91 | 9.74 | 11.29 | 13.87 | 20.79 | 22.91 |
| Cash & bank | 1.25 | 0.18 | 0.22 | 0.02 | 0.39 | 0.66 | 0.53 |
| Net working capital | 15.62 | 15.29 | 16.00 | 15.90 | 17.84 | 24.20 | 23.81 |
| Cash flow | |||||||
| Cash from operations | 3.63 | 3.27 | 2.88 | 4.52 | 10.11 | 5.29 | 8.34 |
| Cash from investing | (6.20) | (1.44) | 0.00 | (0.99) | (1.69) | 0.01 | 0.01 |
| Cash from financing | 3.63 | (1.87) | (2.69) | (3.89) | (8.69) | (5.17) | (7.95) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 82.72 | 92.56 | 91.76 | 60.80 | 69.45 | 49.77 | 47.43 |
| Revenue growth | -10.6% | +0.9% | +50.9% | -12.5% | +39.5% | +4.9% | - |
| Other income | 1.15 | 2.41 | 2.58 | 2.02 | 1.85 | 3.82 | 3.14 |
| Total expenses | 80.82 | 92.18 | 91.21 | 59.84 | 66.98 | 47.84 | 44.51 |
| Employee cost | 3.29 | 3.78 | 3.39 | 2.61 | 1.77 | 1.66 | 1.51 |
| EBITDA | 1.90 | 0.38 | 0.55 | 0.96 | 2.47 | 1.93 | 2.92 |
| EBITDA margin | +2.3% | +0.4% | +0.6% | +1.6% | +3.6% | +3.9% | +6.2% |
| Depreciation | 1.62 | 1.63 | 1.86 | 2.31 | 2.16 | 2.40 | 2.74 |
| Interest | 1.37 | 1.03 | 1.12 | 1.35 | 1.75 | 3.07 | 3.13 |
| Profit before tax | 0.06 | 0.13 | 0.15 | (0.68) | 0.41 | 0.28 | 0.19 |
| Tax | 0.02 | 0.03 | (0.02) | (0.13) | 0.14 | 0.17 | (0.05) |
| Net profit | 0.04 | 0.10 | 0.17 | (0.55) | 0.27 | 0.11 | 0.24 |
| Net profit margin | +0.1% | +0.1% | +0.2% | -0.9% | +0.4% | +0.2% | +0.5% |
| EPS (₹) | 0.03 | 0.06 | 0.10 | (0.32) | 0.17 | 0.07 | 0.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 |
| Reserves & surplus | 2.41 | 2.36 | 2.26 | 2.10 | 2.64 | 2.35 | 2.24 |
| Shareholders' funds (net worth) | 19.16 | 19.11 | 19.01 | 18.85 | 19.39 | 19.10 | 18.99 |
| Secured loans | 11.35 | 8.91 | 9.74 | 11.29 | 13.87 | 20.72 | 13.60 |
| Unsecured loans | 2.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 9.31 |
| Total debt | 13.80 | 8.91 | 9.74 | 11.29 | 13.87 | 20.79 | 22.91 |
| Total liabilities | 33.09 | 28.04 | 28.78 | 30.18 | 33.26 | 39.92 | 41.92 |
| Assets | |||||||
| Gross block | 54.28 | 52.41 | 51.74 | 51.38 | 50.38 | 49.25 | 49.24 |
| Net block | 11.32 | 11.06 | 12.02 | 13.51 | 14.83 | 15.17 | 17.56 |
| Capital work in progress | 0.19 | 0.74 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.06 | 0.10 | 0.00 | 0.00 | 0.00 |
| Inventories | 13.36 | 10.85 | 12.37 | 10.21 | 4.95 | 10.24 | 13.37 |
| Sundry debtors | 5.10 | 6.49 | 7.80 | 7.08 | 15.60 | 15.32 | 16.57 |
| Cash & bank balances | 1.25 | 0.18 | 0.22 | 0.02 | 0.39 | 0.66 | 0.53 |
| Loans & advances | 2.68 | 2.73 | 2.35 | 2.41 | 0.97 | 1.88 | 3.92 |
| Total current assets | 22.39 | 20.25 | 22.74 | 19.72 | 21.91 | 28.10 | 34.39 |
| Total current liabilities | 6.77 | 4.96 | 6.74 | 3.82 | 4.07 | 3.90 | 10.58 |
| Net working capital | 15.62 | 15.29 | 16.00 | 15.90 | 17.84 | 24.20 | 23.81 |
| Total assets | 33.09 | 28.04 | 28.78 | 30.18 | 33.26 | 39.92 | 41.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.18 | 0.22 | 0.02 | 0.39 | 0.66 | 0.53 | 0.12 |
| Net cash from operating activities | 3.63 | 3.27 | 2.88 | 4.52 | 10.11 | 5.29 | 8.34 |
| Net cash from investing activities | (6.20) | (1.44) | 0.00 | (0.99) | (1.69) | 0.01 | 0.01 |
| Net cash from financing activities | 3.63 | (1.87) | (2.69) | (3.89) | (8.69) | (5.17) | (7.95) |
| Net change in cash | 1.07 | (0.04) | 0.20 | (0.37) | (0.28) | 0.13 | 0.41 |
| Closing cash | 1.25 | 0.18 | 0.22 | 0.02 | 0.39 | 0.66 | 0.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -10.6% | +0.9% | +50.9% | -12.5% | +39.5% | +4.9% | - |
| EBITDA growth | +400.0% | -30.9% | -42.7% | -61.1% | +28.0% | -33.9% | - |
| PBT growth | -53.9% | -13.3% | +9998.0% | - | +46.4% | +47.4% | +280.0% |
| Net income growth | -60.0% | -41.2% | +130.9% | -303.7% | +145.5% | -54.2% | - |
| Revenue CAGR (3Y) | +10.8% | +10.1% | +22.6% | +8.6% | +3.3% | -2.9% | -3.0% |
| EBITDA CAGR (3Y) | +25.6% | -46.4% | -34.2% | -31.0% | -26.3% | -34.4% | -30.2% |
| Profitability & leverage | |||||||
| Net income margin | +0.1% | +0.1% | +0.2% | -0.9% | +0.4% | +0.2% | +0.5% |
| Return on capital employed | +4.7% | +4.1% | +4.3% | +2.1% | +6.0% | +8.2% | +7.5% |
| Return on net worth | +0.3% | +0.5% | +0.9% | -2.8% | +1.5% | +0.6% | +1.2% |
| Debt / equity | 0.59 | 0.49 | 0.56 | 0.66 | 0.90 | 1.15 | 1.35 |
| Long-term debt / equity | 0.06 | 0.00 | 0.01 | 0.05 | 0.18 | 0.23 | 0.31 |
| Interest cover | 489.29 | -82.40 | -85.50 | -100.00 | 564.52 | -653.19 | 1,738.89 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.55 | 1.78 | 1.78 | 1.19 | 1.39 | 1.01 | 0.96 |
| Inventory turnover | 6.83 | 7.97 | 8.13 | 8.02 | 9.14 | 4.22 | 3.72 |
| Debtors turnover | 14.27 | 12.95 | 12.33 | 5.36 | 4.49 | 3.12 | 2.69 |
| EPS (₹) | 0.03 | 0.06 | 0.10 | (0.32) | 0.17 | 0.07 | 0.14 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 11.44 | 11.41 | 11.35 | 11.25 | 11.57 | 11.40 | 11.33 |
To see the full year-wise statements and ratios of Gujarat Hy - Spin Limited, buy the company report.
Board of directors of Gujarat Hy - Spin Limited
Gujarat Hy - Spin has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bindiya Ketankumar Parvadiya | Director | 01 Sep 2018 | 8 Years 1 Months | Current |
| Maganlal Shambhubhai Parvadiya | Whole-Time Director | 01 Feb 2011 | 15 Years 8 Months | Current |
| Chandubhai Sambhubhai Parvadiya | Whole-Time Director | 01 Feb 2011 | 15 Years 8 Months | Current |
| Niteshkumar Muljibhai Kantariya | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
| Mahendra Madhubhai Ghodasara | Director | 31 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Gujarat Hy - Spin Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Naveen Cotton Mill Private Limited | ₹94.65 Cr (FY 2024) | -18.0% | Tirupur, Tamil Nadu, India | |||
| Gian Chand and Sons Private Limited | ₹94.58 Cr (FY 2018) | 0.0% | Ludhiana, Punjab, India | |||
| S E Textiles Private Limited | ₹94.54 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Yogi Cotex Private Limited | ₹94.54 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Gopal Creation Private Limited | ₹94.52 Cr (FY 2025) | 24.0% | Surat, Gujarat, India | |||
| Sree Iswarya Textiles Private Limited | ₹94.19 Cr (FY 2024) | -15.0% | Rajapalayam Tk, Kamarajar Dt, Tamil Nadu, India | |||
| Dicitex Furnishings Private Limited | ₹94.15 Cr (FY 2023) | -12.0% | Mumbai, Maharashtra, India | |||
| Gujarat Hy - Spin Limitedthis company | ₹82.72 Cr (FY 2026) | ₹4 Lakh | 0% | -10.6% | 7 | Rajkot, Gujarat, India |
To see the full peer comparison of Gujarat Hy - Spin Limited, buy the company report.
Auditor
Gujarat Hy - Spin Limited is audited by R P C & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R P C & Co. | FY 2024 | 121723W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 64.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 35.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 64.90% | 64.90% | 64.90% | 64.90% |
| Public | 35.10% | 35.10% | 35.10% | 35.10% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2026 | 101323448 | Hdfc Bank Limited | ₹2.15 Cr | Open | |
| 10 Feb 2026 | 101241844 | Hdfc Bank Limited | ₹30.3 Cr | Open | |
| 15 Mar 2013 | 10417198 | State Bank of India | ₹11.7 Cr | Open | |
| 15 Mar 2013 | 10417344 | State Bank of India | ₹39 Cr | Satisfied |
To see the full charge records of Gujarat Hy - Spin Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Gujarat Hy - Spin Limited has 62 deals on record (61 market trades, 1 ipo); the latest was in April 2026.
Deals on record (5 of 62)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Market trade | ₹26.5 Lakh | Buyer: Shreni Shares Limited |
| Jul 2025 | Market trade | ₹25.4 Lakh | Buyer: Shreni Shares Limited |
| Jul 2025 | Market trade | ₹31.2 Lakh | Seller: Arham Share Private Limited |
| Jul 2025 | Market trade | ₹21.1 Lakh | Buyer: an individual Seller: Arham Share Private Limited |
| Mar 2025 | Market trade | ₹53.4 Lakh | Buyer: Arham Share Private Limited Seller: Liesha Corporation Private Limited |
To see the full deal history of Gujarat Hy - Spin 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 Hy - Spin Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Gujarat Hy - Spin 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 Hy - Spin Limited was last rated by Care on 30 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Aug 2021 |
To see the full credit ratings and regulatory alerts of Gujarat Hy - Spin Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gujarat Hy - Spin Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gujarat Hy - Spin Limited has a workforce of 7 employees on its EPFO records as of Apr 13, 2025, across 1 active EPFO establishment.
GST
Gujarat Hy - Spin has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECG1087C1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gujarat Hy - Spin Limited, buy the company report.
Recent activity
Gujarat Hy - Spin Limited has 20 board changes on record since 2011: 13 appointments and 7 cessations. The latest: Mahendra Madhubhai Ghodasara was appointed as Director on 31 Aug 2024.
19 earlier events are in the company report.
Frequently asked questions
Gujarat Hy - Spin is an active public limited company based in Rajkot, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 February 2011 (15+ years old) and is registered under CIN L17110GJ2011PLC063898. Listed on BSE: 540938.
Gujarat Hy - Spin reported revenue of ₹82.72 Cr for FY 2025-26 (down 10.6% YoY) based on standalone financials.
Gujarat Hy - Spin has 5 current directors:
- Maganlal Shambhubhai Parvadiya - Whole-Time Director
- Chandubhai Sambhubhai Parvadiya - Whole-Time Director
- Bindiya Ketankumar Parvadiya - Director
- Niteshkumar Muljibhai Kantariya - Director
- Mahendra Madhubhai Ghodasara - Director
The latest financial statements of Gujarat Hy - Spin on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gujarat Hy - Spin is 24AAECG1087C1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Gujarat Hy - Spin is L17110GJ2011PLC063898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Gujarat Hy - Spin is a listed company as per MCA records. Its shares are listed on BSE (code: 540938).
Gujarat Hy - Spin has 4 court cases on record: 4 filed against it. 1 is pending.
Gujarat Hy - Spin was incorporated on 01 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gujarat Hy - Spin has 62 deals on record (61 market trades, 1 ipo); the latest was in April 2026.
The peers of Gujarat Hy - Spin by revenue are Naveen Cotton Mill Private Limited, Gian Chand and Sons Private Limited, S E Textiles Private Limited, Yogi Cotex Private Limited, Gopal Creation Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
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