High Tech Texolene Limited
About High Tech Texolene Limited
Data last updated:
High Tech Texolene Limited is a public limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2010PLC059418. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.42 Cr. It is led by directors including Sunildutta Shyamlal Agarwal and Naresh Shyamlal Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 907 Rajhans Complex Opp. J. K. Towers, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2019, the company reported a revenue of ₹99,629, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹77.15 Lakh and EBITDA of -₹77.15 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 91% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹114.14 Cr and satisfied charges of ₹29.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address907 Rajhans Complex Opp. J. K. Towers, Surat, Gujarat, India – 395007
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of High Tech Texolene Limited
The main business activity of High Tech Texolene is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of High Tech Texolene Limited FY 2019 filings available
High Tech Texolene Limited reported revenue of ₹99,629 (up 7% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of High Tech Texolene Limited
Revenue rose 7% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 91%. EBITDA fell 310% 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 of High Tech Texolene Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹99,629 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹77.15 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹77.15 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 of High Tech Texolene Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of High Tech Texolene are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of High Tech Texolene Limited
High Tech Texolene Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Durga Cotspin Limited | ₹1 Lakh (FY 2025) | •••• | •••• | •••• | Samana, Punjab, India | |
| V A Textiles Private Limited | ₹1 Lakh (FY 2016) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| P L Garments Private Limited | ₹1 Lakh (FY 2025) | •••• | •••• | •••• | Village Ghazipur, Delhi, India | |
| Sri Kanjilal Textiles Private Limited | ₹1 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Lmad Fashions Private Limited | ₹99,975 (FY 2024) | •••• | •••• | 110.0% | •••• | Noida, Uttar Pradesh, India |
| High Tech Texolene Limited this company | ₹99,629 (FY 2019) | •••• | •••• | 7.0% | •••• | Surat, Gujarat, India |
| NM Milano Clothing Private Limited | ₹99,566 (FY 2023) | •••• | •••• | -81.0% | •••• | Bangalore, Karnataka, India |
| Navasakthi Spintex Limited | ₹99,500 (FY 2025) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Protective Textiles Private Limited | ₹99,451 (FY 2022) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Priyesh Cotton Private Limited | ₹99,050 (FY 2025) | •••• | •••• | -26.0% | •••• | Shapar, Gujarat, India |
| Indo Euro Textiles Private Limited | ₹98,711 (FY 2023) | •••• | •••• | -57.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below High Tech Texolene by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of High Tech Texolene Limited
High Tech Texolene Limited is audited by SUNIL CHOUDHARY & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUNIL CHOUDHARY & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of High Tech Texolene Limited
High Tech Texolene has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunildutta Shyamlal Agarwal Also directs: High Tech Silk Mills Limited, High Tech Garments Private Limited, High Tech Filaments Private Limited and 5 more | Director | 05 Feb 2010 | 16 Years 8 Months | Current |
| Naresh Shyamlal Agarwal Also directs: High Tech Silk Mills Limited, High Tech Garments Private Limited, High Tech Filaments Private Limited and 5 more | Director | 05 Feb 2010 | 16 Years 8 Months | Current |
| Rambir Gyanchand Sharma Also directs: High Tech Silk Mills Limited | Director | 24 Jul 2017 | 9 Years 2 Months | Current |
Ownership and Shareholding of High Tech Texolene Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of High Tech Texolene Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2014 | Bank of Baroda | ₹104.8 Cr | Open |
| 23 Nov 2011 | Bank of Baroda | ₹9.34 Cr | Open |
| 23 Nov 2011 | Bank of Baroda | ₹29.7 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at High Tech Texolene Limited
Employment history and EPFO contributions of people linked to High Tech Texolene.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on High Tech Texolene Limited
High Tech Texolene Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Rambir Gyanchand Sharma ceased to be Additional Director on 29 Sep 2017.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for High Tech Texolene Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by High Tech Texolene Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of High Tech Texolene Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of High Tech Texolene Limited
High Tech Texolene has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of High Tech Texolene Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about High Tech Texolene Limited
High Tech Texolene is an active public limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 February 2010 (16+ years old) and is registered under CIN U17120GJ2010PLC059418.
High Tech Texolene reported revenue of ₹99,629 for FY 2019 (up 7% YoY).
High Tech Texolene has 3 current directors:
- Sunildutta Shyamlal Agarwal - Director
- Naresh Shyamlal Agarwal - Director
- Rambir Gyanchand Sharma - Director
High Tech Texolene reported a net loss of ₹77.15 Lakh and EBITDA of -₹77.15 Lakh for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of High Tech Texolene is -91% over three years. In the latest year (FY 2019) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
No. High Tech Texolene has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of High Tech Texolene is U17120GJ2010PLC059418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
High Tech Texolene was incorporated on 05 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of High Tech Texolene by revenue are Durga Cotspin Limited, V A Textiles Private Limited, P L Garments Private Limited, Sri Kanjilal Textiles Private Limited, Lmad Fashions Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Rambir Gyanchand Sharma ceased to be Additional Director on 29 Sep 2017. Rambir Gyanchand Sharma was appointed as Director on 24 Jul 2017. Ajaykumar Shyamlal Agarwal ceased to be Director on 01 Dec 2016. High Tech Texolene has 6 board changes on record in total.
The registered office of High Tech Texolene is at 907 Rajhans Complex Opp. J. K. Towers, Surat, Gujarat, India – 395007.