About Ktex Nonwovens Private Limited
Data last updated:
Ktex Nonwovens Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 18 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2016PTC092989. Its GSTIN is 24AAGCK2290K1ZF (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹32 Cr and a paid-up capital of ₹25.65 Cr. It is led by directors including Vallabhbhai Bhimabhai Godhani and Himanshu Dipakbhai Patel.
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 Plot No. 33 – A / 2 Shardanagar Street No. 8 Ram Park Main Road Kalawad Road, Rajkot, Gujarat, India – 360005.
As per the financials filed for FY 2023, the company reported a revenue of ₹129.26 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹3.44 Cr (net margin -2.7%) and EBITDA of ₹1.99 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 241% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: KTEX. As per MCA filings, the company has open charges of ₹135.95 Cr and satisfied charges of ₹17.05 Lakh on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 3 cases are pending. The company has 7 deals on record (3 rights issues, 3 secondary share transfers, 1 funding round), with disclosed funding of ₹9.15 Cr; the latest was in March 2025. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 18 overdue payments to 4 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 ktexnonwovens.com.
Company details
Contact details
Ktex Nonwovens Private Limited's registered office is in Rajkot, Gujarat. Its website is ktexnonwovens.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 33 – A / 2 Shardanagar Street No. 8 Ram Park Main Road Kalawad Road, Rajkot, Gujarat, India – 360005
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Ktex Nonwovens 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
Ktex Nonwovens operates one associated brand: KTEX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Nonwoven fabrics manufacturing for hygiene, medical, and agriculture sectors. | ktexnonwovens.com |
Financials of Ktex Nonwovens Private Limited
FY 2025 filings availableKtex Nonwovens Private Limited reported revenue of ₹129.26 Cr (up 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 241% over five years, including 16% growth in the latest year. EBITDA fell 84% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹129.26 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.44 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | -2.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ktex Nonwovens Private Limited, buy the company report.
Board of directors of Ktex Nonwovens Private Limited
Ktex Nonwovens has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vallabhbhai Bhimabhai Godhani Also directs: Karam Multipack Private Limited | Director | 18 Jul 2016 | 10 Years 3 Months | Current |
| Himanshu Dipakbhai Patel | Director | 18 Jul 2016 | 10 Years 3 Months | Current |
| Dhilan Dolatrai Kanakia Also directs: Krystal Composites LLP, Ktex Advanced Fabrics Private Limited, Greenpro Nettings Private Limited and 2 more | Director | 24 Oct 2016 | 10 Years 0 Months | Current |
| Nimesh Kiran Sanghrajka Also directs: Krystal Composites LLP, K T Exports (India) Private Limited | Director | 24 Oct 2016 | 10 Years 0 Months | Current |
Auditor
Ktex Nonwovens Private Limited is audited by HINESH R. DOSHI & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HINESH R. DOSHI & CO. LLP | FY 2023 | 103677W/W 100056 |
Shareholding
The shareholding of Ktex Nonwovens 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 Ktex Nonwovens Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2024 | 100915256 | Others | ₹1.81 Cr | Open | |
| 24 Mar 2022 | 100556461 | Hdfc Bank Limited | ₹10.76 Lakh | Open | |
| 17 Apr 2017 | 100097024 | Others | ₹134.03 Cr | Open | |
| 27 Jul 2022 | 100622764 | Hdfc Bank Limited | ₹8.58 Lakh | Satisfied | |
| 01 Jul 2022 | 100599788 | Hdfc Bank Limited | ₹8.47 Lakh | Satisfied |
To see the full charge records of Ktex Nonwovens Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ktex Nonwovens Private Limited has 7 deals on record (3 rights issues, 3 secondary share transfers, 1 funding round), with disclosed funding of ₹9.15 Cr; the latest was in March 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Rights issue | ₹9 Cr | Investors: Karam Multipack Private Limited , 3 individuals |
| Aug 2023 | Rights issue | ₹4 Cr | Investors: Karam Multipack Private Limited , 3 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Karam Multipack Private Limited Seller: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2017 | Rights issue | ₹13.49 Cr | Investors: Kt Exports ( 1 ) Private Limited, Karam Multipack Private Limited , 2 individuals |
To see the full deal history of Ktex Nonwovens 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
Ktex Nonwovens Private Limited has 6 court cases on record: 2 filed by Ktex Nonwovens, 4 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 3 |
| High courts | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Motor accident claim | Filed against the company by individuals | Pending |
| District court, RAJKOT, Gujarat | Motor accident claim | Filed against the company by individuals | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Mediblue Health Care Pvt. Ltd. and 2 others | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Sanam Fashion & Design Exchange Limited | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Ktex Nonwovens 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
Ktex Nonwovens Private Limited was last rated by Crisil on 16 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Sep 2020 |
To see the full credit ratings and regulatory alerts of Ktex Nonwovens Private Limited, buy the company report.
MSME payment delays
Ktex Nonwovens Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 18 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rahil Foam Private Limited | |||
| Solpack Solutions | |||
| Motto Multipack | |||
| Winpack Industries |
To see the full MSME payment records of Ktex Nonwovens Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ktex Nonwovens Private Limited has a workforce of 80 employees on its EPFO records as of Jul 26, 2024, across 1 active EPFO establishment.
GST
Ktex Nonwovens has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCK2290K1ZF | Gujarat | Active | 01 Jul 2017 |
| 27AAGCK2290K1Z9 | Maharashtra | Active | 15 Nov 2022 |
To see the full GST registrations and return filing status of Ktex Nonwovens Private Limited, buy the company report.
Recent activity
Ktex Nonwovens Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Dhilan Dolatrai Kanakia was appointed as Director on 24 Oct 2016.
3 earlier events are in the company report.
Frequently asked questions
Ktex Nonwovens is an active private limited company based in Rajkot, Gujarat, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 18 July 2016 (10+ years old) and is registered under CIN U17299GJ2016PTC092989.
Ktex Nonwovens has 4 current directors:
- Vallabhbhai Bhimabhai Godhani - Director
- Himanshu Dipakbhai Patel - Director
- Dhilan Dolatrai Kanakia - Director
- Nimesh Kiran Sanghrajka - Director
The latest financial statements of Ktex Nonwovens 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 FY 2017 are in the company report.
The GSTIN of Ktex Nonwovens is 24AAGCK2290K1ZF, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCK2290K1Z9 (Maharashtra).
The CIN (Corporate Identification Number) of Ktex Nonwovens is U17299GJ2016PTC092989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ktex Nonwovens has 6 court cases on record: 2 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Ktex Nonwovens was incorporated on 18 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ktex Nonwovens has 7 deals on record (3 rights issues, 3 secondary share transfers, 1 funding round), with disclosed funding of ₹9.15 Cr; the latest was in March 2025.
Dhilan Dolatrai Kanakia was appointed as Director on 24 Oct 2016. Nimesh Kiran Sanghrajka was appointed as Director on 24 Oct 2016. Himanshu Dipakbhai Patel was appointed as Director on 18 Jul 2016. Ktex Nonwovens has 4 board changes on record in total.
Ktex Nonwovens has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 18 overdue payments to 4 micro and small suppliers. The latest return was filed on 03 Sep 2023.
Ktex Nonwovens can be reached through the website ktexnonwovens.com. Its registered office is in Rajkot, Gujarat, India.
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