Madhav Tex Spin Private Limited

Madhav Tex Spin Private Limited - manufacturing in Semada, Gujarat, India. FY 2026 financials & compliance.
CIN U17200GJ2013PTC077376 Incorporated 31 October 2013 ROC Ahmedabad HQ Semada, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2022
₹186.08 Cr
Latest filing
Net profit · FY 2022
₹5.07 Cr
Net margin 2.7%
EBITDA · FY 2022
₹11.47 Cr
EBITDA margin 6.2%
Authorised capital
₹27 Cr
Registered with MCA
Paid-up capital
₹27 Cr
Issued & subscribed
Open charges
₹227.4 Cr
Satisfied ₹138.04 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
12
Provident fund records

About Madhav Tex Spin Private Limited

Data last updated:

Madhav Tex Spin Private Limited is a private limited company based in Semada, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 October 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17200GJ2013PTC077376. Its GSTIN is 24AAICM9151B1ZO (Gujarat).

The company has an authorised share capital of ₹27 Cr and a paid-up capital of ₹27 Cr. It is led by directors Dhansukh Ravjibhai Nandaniya and Palkumar Harshadbhai Nandaniya.

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 Survey No. 64 Paiki – 2 B/H Biliyada Petrol Pump Ta – Gondal, Semada, Gujarat, India – 360311.

As per the financials filed for FY 2022, the company reported a revenue of ₹186.08 Cr. For the same year it recorded a net profit of ₹5.07 Cr (net margin 2.7%) and EBITDA of ₹11.47 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 124% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Madhavtexspin. As per MCA filings, the company has open charges of ₹227.4 Cr and satisfied charges of ₹138.04 Cr on record. The company has 3 deals on record (1 funding round, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹20.24 Cr; the latest was in October 2016. The company has 14 MSME Form 1 returns on record between 2018 and 2024, listing 238 overdue payments to 54 micro and small suppliers.

Madhav Tex Spin Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0031940). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madhavtexspin.com.

Company details

CIN U17200GJ2013PTC077376
Registration Number 077376
Incorporation Date 31 October 2013
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
MSME Classification Medium
Udyam Registration UDYAM-GJ-20-0031940
Key People
Dhansukh Ravjibhai Nandaniya Director Palkumar Harshadbhai Nandaniya Director

Recognitions & Rankings of Madhav Tex Spin

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-20-0031940

Contact details

Madhav Tex Spin Private Limited's registered office is in Semada, Gujarat. Its website is madhavtexspin.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    madhavtexspin.com
  • Registered Address
    Survey No. 64 Paiki – 2 B/H Biliyada Petrol Pump Ta – Gondal, Semada, Gujarat, India – 360311
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Madhav Tex Spin Private Limited, buy the company report.

Comprehensive company report
Madhav Tex Spin 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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Secure checkout · GST invoice included

Brands

Madhav Tex Spin operates one associated brand: Madhavtexspin. Each brand links to its own profile.

BrandDescriptionWebsite
Madhavtexspin
madhavtexspin.com

Financials of Madhav Tex Spin Private Limited

FY 2025 filings available

Madhav Tex Spin Private Limited reported revenue of ₹186.08 Cr for FY 2022.

Revenue · FY 2022
₹186.08 Cr
Net profit · FY 2022
₹5.07 Cr margin 2.7%
EBITDA · FY 2022
₹11.47 Cr margin 6.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 12%
5 years · compounded
▲ 124%
EBITDA CAGR growth
3 years · compounded
▲ 2%
5 years · compounded
▲ 62%

Revenue has grown at a compounded annual rate (CAGR) of 124% over five years. 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹186.08 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹11.47 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.07 Cr
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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin6.2%
Net Profit Margin2.7%
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 Madhav Tex Spin Private Limited, buy the company report.

Board of directors of Madhav Tex Spin Private Limited

Madhav Tex Spin has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhansukh Ravjibhai Nandaniya
Also directs: Dhanlaxmi Edibles Private Limited, Radheshyam Spinning Mill Private Limited
Director01 Apr 20251 Years 7 MonthsCurrent
Palkumar Harshadbhai NandaniyaDirector01 May 20251 Years 6 MonthsCurrent
View all directors

Auditor

Madhav Tex Spin Private Limited is audited by N.M. UNNADKAT & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
N.M. UNNADKAT & CO.FY 2022111159W

Shareholding

The shareholding of Madhav Tex Spin 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Madhav Tex Spin Private Limited, buy the company report.

Charges & borrowings

Open charges
₹227.4 Cr
Satisfied charges
₹138.04 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹183.91 Cr
Others₹43.49 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Dec 2025101198621Others₹43.49 CrOpen
04 Oct 2021100492586Hdfc Bank Limited₹93.1 CrOpen
20 Aug 2021100478172Hdfc Bank Limited₹90.81 CrOpen
31 Aug 2020100369107Others₹49.5 LakhSatisfied
26 Jul 2016100040390Others₹68.77 CrSatisfied

To see the full charge records of Madhav Tex Spin Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Madhav Tex Spin Private Limited has 3 deals on record (1 funding round, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹20.24 Cr; the latest was in October 2016.

Total deals
3
Funding round
1
Secondary share transfer
1
Rights issue
1
Disclosed funding
₹20.24 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Oct 2016Rights issue₹6.75 CrInvestors: 4 individuals
Mar 2016Funding round₹20.24 CrInvestors: 4 individuals
Jun 2014Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Madhav Tex Spin Private Limited was last rated by Brickwork on 11 Nov 2021.

Rating agencyRated onRating
Brickwork11 Nov 2021

To see the full credit ratings and regulatory alerts of Madhav Tex Spin Private Limited, buy the company report.

MSME payment delays

Madhav Tex Spin Private Limited has 14 MSME Form 1 returns on record between 2018 and 2024, listing 238 overdue payments to 54 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 54)

SupplierAmount dueDue sinceReported on
Bhalala Industries LLP
Mangaldeep Cotton Industries
Somnath Ginning Pressing Private Limited
an individual supplier
White Gold Cotton Testing Laboratory

To see the full MSME payment records of Madhav Tex Spin Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Madhav Tex Spin Private Limited has a workforce of 12 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
71.43%

GST

Madhav Tex Spin has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAICM9151B1ZOGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Madhav Tex Spin Private Limited, buy the company report.

Recent activity

Madhav Tex Spin Private Limited has 11 board changes on record since 2014: 4 appointments and 7 cessations. The latest: Dhirajlal Vallabhbhai Vadaliya ceased to be Director on 01 Oct 2025.

Charges
A charge with Others of Rs. 43.49 Cr registered on 02 Dec 2025 with Charge ID 101198621 was modified on 05 Mar 2026.
Charges
A charge with Others amounted to Rs. 43.49 Cr with Charge ID 101198621 was registered on 02 Dec 2025.
Ceased
Dhirajlal Vallabhbhai Vadaliya ceased to be Director.
AGM
Madhav Tex Spin Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 90.81 Cr registered on 20 Aug 2021 with Charge ID 100478172 was modified on 09 Sep 2025.
Appointed
Palkumar Harshadbhai Nandaniya was appointed as Director.
Appointed
Dhansukh Ravjibhai Nandaniya was appointed as Director.
Filing
Madhav Tex Spin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 93.10 Cr registered on 04 Oct 2021 with Charge ID 100492586 was modified on 23 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 93.10 Cr with Charge ID 100492586 was registered on 04 Oct 2021.
Charges
A charge registered on 26 Jul 2016 via Charge ID 100040390 with Others was fully satisfied on 06 Sep 2021.
Charges
A charge registered on 25 Jul 2016 via Charge ID 100040797 with Others was fully satisfied on 06 Sep 2021.

16 earlier events are in the company report.

Frequently asked questions

Madhav Tex Spin is an active private limited company based in Semada, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 31 October 2013 (13+ years old) and is registered under CIN U17200GJ2013PTC077376.

Madhav Tex Spin has 2 current directors:

The latest financial statements of Madhav Tex Spin 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 Madhav Tex Spin is 24AAICM9151B1ZO, registered in Gujarat.

The CIN (Corporate Identification Number) of Madhav Tex Spin is U17200GJ2013PTC077376. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Madhav Tex Spin was incorporated on 31 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Madhav Tex Spin has 3 deals on record (1 funding round, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹20.24 Cr; the latest was in October 2016.

Dhirajlal Vallabhbhai Vadaliya ceased to be Director on 01 Oct 2025. Palkumar Harshadbhai Nandaniya was appointed as Director on 01 May 2025. Dhansukh Ravjibhai Nandaniya was appointed as Director on 01 Apr 2025. Madhav Tex Spin has 11 board changes on record in total.

Yes, Madhav Tex Spin is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0031940).

Madhav Tex Spin has 14 MSME Form 1 returns on record between 2018 and 2024, listing 238 overdue payments to 54 micro and small suppliers. The latest return was filed on 11 May 2024.

Madhav Tex Spin can be reached through the website madhavtexspin.com. Its registered office is in Semada, Gujarat, India.