MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0027852
Mittal Weaves Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹39.14 Cr
▼ 27% YoY
Net profit · FY 2024
₹1.06 Cr
Net margin 2.7%
EBITDA · FY 2024
₹3.61 Cr
EBITDA margin 9.2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.46 Cr
Issued & subscribed
Open charges
₹24.91 Cr
Satisfied ₹16.04 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
23
Provident fund records
About Mittal Weaves Private Limited
Data last updated:
Mittal Weaves 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 21 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17111GJ2004PTC044006. Its GSTIN is 24AADCM9647D1ZG (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.46 Cr. It is led by directors Renu Mittal and Himanshu Vikash Mittal.
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 B – 704 International Commerce Centre Nr. Kadiwala School Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.14 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Cr (net margin 2.7%) and EBITDA of ₹3.61 Cr (EBITDA margin 9.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.91 Cr and satisfied charges of ₹16.04 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Mittal Weaves Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0027852). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mittalgroup.biz.
Company details
CIN U17111GJ2004PTC044006
Registration Number 044006
Incorporation Date 21 April 2004
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-22-0027852
Recognitions & Rankings of Mittal Weaves
Contact details
Mittal Weaves Private Limited's registered office is in Surat, Gujarat. Its website is mittalgroup.biz. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 704 International Commerce Centre Nr. Kadiwala School Ring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mittal Weaves Private Limited, buy the company report.
Comprehensive company report
Mittal Weaves 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 Mittal Weaves 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 Mittal Weaves Private Limited, buy the company report.
Financials of Mittal Weaves Private Limited
FY 2025 filings availableMittal Weaves Private Limited reported revenue of ₹39.14 Cr (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹39.14 Cr ▼ 27%
Net profit · FY 2024
₹1.06 Cr margin 2.7%
EBITDA · FY 2024
₹3.61 Cr margin 9.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 6%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 6%
5 years · compounded
▼ 2%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 27% fall in the latest year. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹3.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.06 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 2.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Mittal Weaves Private Limited, buy the company report.
Board of directors of Mittal Weaves Private Limited
Mittal Weaves has 2 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 |
|---|---|---|---|---|
| Renu Mittal | Director | 25 Jun 2006 | 20 Years 4 Months | Current |
| Himanshu Vikash Mittal Also directs: Devout Weaves Private Limited, Textone Weaving and Processing Private Limited, Tirumala Finetex Private Limited and 5 more | Director | 26 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Mittal Weaves Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Bahula Textiles Private Limited | ₹39.23 Cr (FY 2016) | 81.0% | Delhi, India | |||
| Suraj Universal Limited | ₹39.21 Cr (FY 2025) | -3.0% | Bhilwara, Rajasthan, India | |||
| Ghoghari Fabrics Private Limited | ₹39.15 Cr (FY 2025) | 20.0% | Surat, Gujarat, India | |||
| Mittal Weaves Private Limitedthis company | ₹39.14 Cr (FY 2024) | ₹1.06 Cr | 2.7% | -27.0% | 23 | Surat, Gujarat, India |
| Bhavika Apparels Private Limited | ₹39.14 Cr (FY 2025) | 76.0% | Delhi, India | |||
| Shree Enterprises India Private Limited | ₹39.11 Cr (FY 2024) | -15.0% | Ludhiana, Punjab, India | |||
| Only for U Designs Private Limited | ₹39.11 Cr (FY 2024) | 15.0% | Mumbai, Maharashtra, India | |||
| Arunachala Spinning Mills India Private Limited | ₹39.09 Cr (FY 2024) | -4.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Mittal Weaves Private Limited, buy the company report.
Auditor
Mittal Weaves Private Limited is audited by PKMG & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKMG & COMPANY | FY 2023 | 0 129894W |
Shareholding
The shareholding of Mittal Weaves 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 Mittal Weaves Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.91 Cr
Satisfied charges
₹16.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2025 | 101193660 | Others | ₹30 Lakh | Open | |
| 02 Jul 2024 | 100942649 | Sidbi | ₹3.11 Cr | Open | |
| 01 Nov 2023 | 100819450 | Others | ₹1.68 Cr | Open | |
| 20 Jan 2022 | 100543930 | Others | ₹1.32 Cr | Open | |
| 29 Mar 2005 | 80010981 | Others | ₹10.75 Cr | Open |
To see the full charge records of Mittal Weaves Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Mittal Weaves Private Limited has 1 court case on record: 1 filed by Mittal Weaves. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
To see the full case history of Mittal Weaves 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
Mittal Weaves Private Limited was last rated by Crisil on 01 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 01 Oct 2020 |
To see the full credit ratings and regulatory alerts of Mittal Weaves Private Limited, buy the company report.
MSME payment delays
Mittal Weaves Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 27 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 |
|---|---|---|---|
| Jyoti Hydro Tech Private Limited | |||
| Shivshakti Security & Investigation | |||
| Shreeji Engineering | |||
| Finacle Consultant |
To see the full MSME payment records of Mittal Weaves Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mittal Weaves Private Limited has a workforce of 23 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
Employee growth
-14.81%
GST
Mittal Weaves has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM9647D1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mittal Weaves Private Limited, buy the company report.
Recent activity
Mittal Weaves Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Vikash Mittal ceased to be Director on 13 Jul 2022.
Charges
A charge registered on 23 Oct 2007 via Charge ID 10078171 with Oriental Bank Of Commerce was fully satisfied on 25 Nov 2025.
Charges
A charge registered on 11 Dec 2006 via Charge ID 10029278 with Oriental Bank Of Commerce was fully satisfied on 25 Nov 2025.
Charges
A charge with Others of Rs. 10.75 Cr registered on 29 Mar 2005 with Charge ID 80010981 was modified on 25 Nov 2025.
Charges
A charge registered on 07 Aug 2020 via Charge ID 100359391 with Others was fully satisfied on 11 Nov 2025.
Charges
A charge registered on 06 Feb 2020 via Charge ID 100326419 with Others was fully satisfied on 11 Nov 2025.
Charges
A charge registered on 09 Oct 2017 via Charge ID 100129682 with Others was fully satisfied on 11 Nov 2025.
Charges
A charge registered on 21 Jun 2014 via Charge ID 10521095 with Oriental Bank Of Commerce was fully satisfied on 11 Nov 2025.
Charges
A charge with Others of Rs. 7.75 Cr registered on 28 Mar 2005 with Charge ID 80010978 was modified on 11 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101193660 was registered on 01 Nov 2025.
AGM
Mittal Weaves Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mittal Weaves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 3.11 Cr with Charge ID 100942649 was registered on 02 Jul 2024.
16 earlier events are in the company report.
Frequently asked questions
Mittal Weaves 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 21 April 2004 (22+ years old) and is registered under CIN U17111GJ2004PTC044006.
Mittal Weaves has 2 current directors:
- Renu Mittal - Director
- Himanshu Vikash Mittal - Director
The latest financial statements of Mittal Weaves 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 Mittal Weaves is 24AADCM9647D1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Mittal Weaves is U17111GJ2004PTC044006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mittal Weaves has 1 court case on record: 1 filed by the company.
Mittal Weaves was incorporated on 21 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mittal Weaves by revenue are Bahula Textiles Private Limited, Suraj Universal Limited, Ghoghari Fabrics Private Limited, Bhavika Apparels Private Limited, Shree Enterprises India Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Vikash Mittal ceased to be Director on 13 Jul 2022. Shivani Vikash Mittal ceased to be Director on 30 Mar 2017. Himanshu Vikash Mittal was appointed as Director on 26 Dec 2016. Mittal Weaves has 5 board changes on record in total.
Yes, Mittal Weaves is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0027852).
Mittal Weaves has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 27 overdue payments to 4 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Mittal Weaves can be reached through the website mittalgroup.biz. Its registered office is in Surat, Gujarat, India.