Hi-Choice Textile Private Limited

Hi-Choice Textile Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U17222GJ2006PTC049678 Incorporated 29 December 2006 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹48.5 Lakh
▲ 15% YoY
Net loss · FY 2025
₹1.89 Lakh
Net margin -3.9%
EBITDA · FY 2025
-₹90,385
EBITDA margin -1.9%
Authorised capital
₹24 Lakh
Registered with MCA
Paid-up capital
₹24 Lakh
Issued & subscribed
Open charges
₹91 Lakh
Satisfied ₹91 Lakh
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings

About Hi-Choice Textile Private Limited

Data last updated:

Hi-Choice Textile 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 29 December 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17222GJ2006PTC049678. Its GSTIN is 27AABCH8280K1Z7 (Maharashtra).

The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors Sourav Kamal Poddar and Pravin Raman Patil.

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 D – 903 Reshma Residency Puna Patia Road Nr Nahar, Surat, Gujarat, India – 395010.

As per the financials filed for FY 2025, the company reported a revenue of ₹48.5 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹1.89 Lakh (net margin -3.9%) and EBITDA of -₹90,385 (EBITDA margin -1.9%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 35% over five years.

As per MCA filings, the company has open charges of ₹91 Lakh and satisfied charges of ₹91 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17222GJ2006PTC049678
Registration Number 049678
Incorporation Date 29 December 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Hi-Choice Textile Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    D – 903 Reshma Residency Puna Patia Road Nr Nahar, Surat, Gujarat, India – 395010
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Hi-Choice Textile Private Limited, buy the company report.

Comprehensive company report
Hi-Choice Textile Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Hi-Choice Textile is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Hi-Choice Textile Private Limited, buy the company report.

Financials of Hi-Choice Textile Private Limited

FY 2025 filings available

Hi-Choice Textile Private Limited reported revenue of ₹48.5 Lakh (up 15% YoY) for FY 2025.

Revenue · FY 2025
₹48.5 Lakh ▲ 15%
Net loss · FY 2025
₹1.89 Lakh margin -3.9%
EBITDA · FY 2025
-₹90,385 margin -1.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 45%
5 years · compounded
▼ 35%
EBITDA CAGR growth
1 year
▼ 345%
3 years · compounded
▼ 33%
5 years · compounded
▼ 17%

Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 35%. EBITDA fell 345% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹90,385
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.89 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-1.9%
Net Profit Margin-3.9%
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 Hi-Choice Textile Private Limited, buy the company report.

Board of directors of Hi-Choice Textile Private Limited

Hi-Choice Textile has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pravin Raman PatilAdditional Director21 Aug 20206 Years 2 MonthsCurrent
Sourav Kamal PoddarDirector01 Aug 20179 Years 3 MonthsCurrent

Auditor

Hi-Choice Textile Private Limited is audited by J SOMANI & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
J SOMANI & COFY 2021114135W

Shareholding

The shareholding of Hi-Choice Textile Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hi-Choice Textile Private Limited, buy the company report.

Charges & borrowings

Open charges
₹91 Lakh
Satisfied charges
₹91 Lakh
Breakdown by lending institutions
Bank of India₹0.91 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Mar 200910156282Bank of India₹91 LakhSatisfied

To see the full charge records of Hi-Choice Textile Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hi-Choice Textile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Hi-Choice Textile has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCH8280K1Z7MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Hi-Choice Textile Private Limited, buy the company report.

Recent activity

Hi-Choice Textile Private Limited has 12 board changes on record since 2007: 2 appointments and 10 cessations. The latest: Osnil Pradeep Poddar ceased to be Additional Director on 21 Aug 2020.

AGM
Hi-Choice Textile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hi-Choice Textile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 26 Mar 2009 via Charge ID 10156282 with Bank Of India was fully satisfied on 17 Mar 2025.
Ceased
Osnil Pradeep Poddar ceased to be Additional Director.
Appointed
Pravin Raman Patil was appointed as Additional Director.
Ceased
Ravi Dujodwala ceased to be Director.
Ceased
Pradeepkumar Radheyshyam Poddar ceased to be Director.
Ceased
Manoj Vishweswar Rajak ceased to be Director.
Ceased
Smita Jagdishchandra Somani ceased to be Director.
Ceased
Nitu Lalit Khetan ceased to be Director.
Ceased
Ranjnaben Anujkumar Rungta ceased to be Director.
Appointed
Sourav Kamal Poddar was appointed as Director.

6 earlier events are in the company report.

Frequently asked questions

Hi-Choice Textile 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 29 December 2006 (20+ years old) and is registered under CIN U17222GJ2006PTC049678.

Hi-Choice Textile has 2 current directors:

The latest financial statements of Hi-Choice Textile 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 Hi-Choice Textile is 27AABCH8280K1Z7, registered in Maharashtra.

The CIN (Corporate Identification Number) of Hi-Choice Textile is U17222GJ2006PTC049678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hi-Choice Textile was incorporated on 29 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Osnil Pradeep Poddar ceased to be Additional Director on 21 Aug 2020. Pravin Raman Patil was appointed as Additional Director on 21 Aug 2020. Ravi Dujodwala ceased to be Director on 01 Aug 2019. Hi-Choice Textile has 12 board changes on record in total.

The registered office of Hi-Choice Textile is at D – 903 Reshma Residency Puna Patia Road Nr Nahar, Surat, Gujarat, India – 395010.

Hi-Choice Textile operates in the manufacturing industry, in the textile and fabric production segment.

Hi-Choice Textile has open charges of ₹91 Lakh and satisfied charges of ₹91 Lakh as per latest MCA filings.