MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0034671
Kruti Garment Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.32 Cr
▼ 14% YoY
Net profit · FY 2025
₹9.39 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹26.53 Lakh
EBITDA margin 5%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹28.6 Lakh
Issued & subscribed
Open charges
₹1.07 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
5
Provident fund records
About Kruti Garment Private Limited
Data last updated:
Kruti Garment 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 06 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18101GJ2004PTC043918. Its GSTIN is 24AACCK3359B1ZY (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28.6 Lakh. It is led by directors including Vipulkumar Rameshchandra Thakkar and Kruti Vipulkumar Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.32 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹9.39 Lakh (net margin 1.8%) and EBITDA of ₹26.53 Lakh (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 14% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.07 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Kruti Garment Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0034671). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website krutigarments.business.site.
Company details
CIN U18101GJ2004PTC043918
Registration Number 043918
Incorporation Date 06 April 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0034671
Key People
Vipulkumar Rameshchandra Thakkar Director Kruti Vipulkumar Thakkar Director Shilpa Vipulbhai Thakkar Director Recognitions & Rankings of Kruti Garment
Contact details
Kruti Garment Private Limited's registered office is in Ahmedabad, Gujarat. Its website is krutigarments.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address222 – 223 – 224/10 Opp. Manubhai'S Kuvo Kantibhai No Vando B/H. Ranipur Gam Saijpur – Gopalpur, Narol, Ahmedabad, Gujarat, India – 382405
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kruti Garment Private Limited, buy the company report.
Comprehensive company report
Kruti Garment 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 Kruti Garment 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 Kruti Garment Private Limited, buy the company report.
Financials of Kruti Garment Private Limited
FY 2024 filings availableKruti Garment Private Limited reported revenue of ₹5.32 Cr (down 14% YoY) for FY 2025.
Revenue · FY 2025
₹5.32 Cr ▼ 14%
Net profit · FY 2025
₹9.39 Lakh margin 1.8%
EBITDA · FY 2025
₹26.53 Lakh margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 3%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 16%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 14% fall in the latest year. EBITDA fell 11% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.39 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 Kruti Garment Private Limited, buy the company report.
Board of directors of Kruti Garment Private Limited
Kruti Garment has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipulkumar Rameshchandra Thakkar Also directs: Raghunandan Invatrade Private Limited | Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Kruti Vipulkumar Thakkar | Director | 01 Jan 2021 | 5 Years 10 Months | Current |
| Shilpa Vipulbhai Thakkar Also directs: Raghunandan Invatrade Private Limited | Director | 06 Apr 2004 | 22 Years 7 Months | Current |
| Rameshbhai Hirjibhai Thakkar | Director | 01 May 2007 | 19 Years 6 Months | Current |
Peer comparison
Kruti Garment Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Garushi Infra Private Limited | ₹5.34 Cr (FY 2025) | 15.0% | Delhi, India | |||
| Epoque Ventures Private Limited | ₹5.33 Cr (FY 2024) | -6.0% | Surat, Gujarat, India | |||
| Bonus Suitings Private Limited | ₹5.33 Cr (FY 2025) | -31.0% | Bhilwara, Rajasthan, India | |||
| The National Sewing Thread Company Limited | ₹5.32 Cr (FY 2025) | 68.0% | Chidambaram, Tamil Nadu, India | |||
| Kruti Garment Private Limitedthis company | ₹5.32 Cr (FY 2025) | ₹9.39 Lakh | 1.8% | -14.0% | 5 | Ahmedabad, Gujarat, India |
| Lamba Traders and Engineers Pvt Ltd | ₹5.32 Cr (FY 2025) | 43.0% | New Delhi, Delhi, India | |||
| Kartik Fabrics Private Limited | ₹5.32 Cr (FY 2025) | 4.0% | Kanpur, Uttar Pradesh, India | |||
| Lakme Hosiery Private Limited | ₹5.31 Cr (FY 2025) | 18.0% | Ludhiana, Punjab, India | |||
| Mona Trends Private Limited | ₹5.31 Cr (FY 2024) | -4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kruti Garment Private Limited, buy the company report.
Auditor
Kruti Garment Private Limited is audited by GAURANG VORA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURANG VORA & ASSOCIATES | FY 2021 | 103110W |
Shareholding
The shareholding of Kruti Garment 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 Kruti Garment Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.07 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2014 | 10530908 | Others | ₹30 Lakh | Open | |
| 25 Feb 2013 | 10414031 | Union Bank of India | ₹77.25 Lakh | Open |
To see the full charge records of Kruti Garment Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Kruti Garment Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Disposed |
To see the full case history of Kruti Garment 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.
MSME payment delays
Kruti Garment Private Limited has 3 MSME Form 1 returns on record between 2017 and 2019, listing 71 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M G Mehta and Sons | |||
| Unique Tags Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Kruti Garment Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kruti Garment Private Limited has a workforce of 5 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
25%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 5 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Kruti Garment Private Limited, buy the company report.
GST
Kruti Garment has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCK3359B1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kruti Garment Private Limited, buy the company report.
Recent activity
Kruti Garment Private Limited has 7 board changes on record since 2004: 4 appointments and 3 cessations. The latest: Bharatbhai Rameshchandra Thakkar ceased to be Director on 31 Mar 2021.
AGM
Kruti Garment Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Kruti Garment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Bharatbhai Rameshchandra Thakkar ceased to be Director.
Appointed
Kruti Vipulkumar Thakkar was appointed as Director.
Charges
A charge with Others of Rs. 30.00 Lakh registered on 12 Nov 2014 with Charge ID 10530908 was modified on 08 Dec 2020.
Appointed
Vipulkumar Rameshchandra Thakkar was appointed as Director.
Ceased
Vipulkumar Rameshchandra Thakkar ceased to be Director.
Ceased
Rajivbhai Rameshchandra Thakkar ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 10530908 was registered on 12 Nov 2014.
Charges
A charge with Union Bank Of India amounted to Rs. 77.25 Lakh with Charge ID 10414031 was registered on 25 Feb 2013.
Appointed
Rameshbhai Hirjibhai Thakkar was appointed as Director.
Appointed
Shilpa Vipulbhai Thakkar was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Kruti Garment 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 06 April 2004 (22+ years old) and is registered under CIN U18101GJ2004PTC043918.
Kruti Garment has 4 current directors:
- Vipulkumar Rameshchandra Thakkar - Director
- Kruti Vipulkumar Thakkar - Director
- Shilpa Vipulbhai Thakkar - Director
- Rameshbhai Hirjibhai Thakkar - Director
The latest financial statements of Kruti Garment on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kruti Garment is 24AACCK3359B1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Kruti Garment is U18101GJ2004PTC043918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kruti Garment has 2 court cases on record: 2 filed against it. 1 is pending.
Kruti Garment was incorporated on 06 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kruti Garment by revenue are Garushi Infra Private Limited, Epoque Ventures Private Limited, Bonus Suitings Private Limited, The National Sewing Thread Company Limited, Lamba Traders and Engineers Pvt Ltd and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Bharatbhai Rameshchandra Thakkar ceased to be Director on 31 Mar 2021. Kruti Vipulkumar Thakkar was appointed as Director on 01 Jan 2021. Vipulkumar Rameshchandra Thakkar was appointed as Director on 14 Aug 2018. Kruti Garment has 7 board changes on record in total.
Yes, Kruti Garment is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0034671).
Kruti Garment has 3 MSME Form 1 returns on record between 2017 and 2019, listing 71 overdue payments to 16 micro and small suppliers. The latest return was filed on 23 May 2019.
Kruti Garment can be reached through the website krutigarments.business.site. Its registered office is in Ahmedabad, Gujarat, India.
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