MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-02-0000185
Mori Spinning Private Limited - manufacturing in Rajula, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹159.93 Cr
▲ 30% YoY
Net profit · FY 2025
₹26.28 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹11.04 Cr
EBITDA margin 6.9%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹52.8 Cr
Satisfied ₹63.26 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
15
Provident fund records
About Mori Spinning Private Limited
Data last updated:
Mori Spinning Private Limited is a private limited company based in Rajula, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2016PTC093778. Its GSTIN is 24AAKCM5863C1ZH (Gujarat).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors Bharatbhai Varjangbhai Mori and Manojkumar Varjangbhai Mori.
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 Survey No.297/3/P1/P1 Barpatoli Rajula Somnath Road Char Nala, Gujarat, India – 365560.
As per the financials filed for FY 2025, the company reported a revenue of ₹159.93 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹26.28 Lakh (net margin 0.2%) and EBITDA of ₹11.04 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52.8 Cr and satisfied charges of ₹63.26 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10 Cr; the latest was in March 2024. Its 5 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 3 smaller; the largest is Shanta Cotton Industries Private Limited with revenue of ₹160.33 Cr.
Mori Spinning Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-02-0000185). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morispinning.com.
Company details
CIN U74999GJ2016PTC093778
Registration Number 093778
Incorporation Date 19 September 2016
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 Medium
Udyam Registration UDYAM-GJ-02-0000185
Recognitions & Rankings of Mori Spinning
Contact details
Mori Spinning Private Limited's registered office is in Rajula, Gujarat. Its website is morispinning.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No.297/3/P1/P1 Barpatoli Rajula Somnath Road Char Nala, Gujarat, India – 365560
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mori Spinning Private Limited, buy the company report.
Comprehensive company report
Mori Spinning 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 Mori Spinning 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 Mori Spinning Private Limited, buy the company report.
Financials of Mori Spinning Private Limited
FY 2024 filings availableMori Spinning Private Limited reported revenue of ₹159.93 Cr (up 30% YoY) for FY 2025.
Revenue · FY 2025
₹159.93 Cr ▲ 30%
Net profit · FY 2025
₹26.28 Lakh margin 0.2%
EBITDA · FY 2025
₹11.04 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 9%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▼ 12%
5 years · compounded
▼ 7%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 30% growth in the latest year. EBITDA rose 23% 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 |
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| Total Expenses | |||||
| EBITDA | ₹11.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.28 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mori Spinning Private Limited, buy the company report.
Board of directors of Mori Spinning Private Limited
Mori Spinning has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatbhai Varjangbhai Mori Also directs: Mori Agro Private Limited | Director | 19 Sep 2016 | 10 Years 1 Months | Current |
| Manojkumar Varjangbhai Mori Also directs: Mori Agro Private Limited | Director | 19 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Mori Spinning Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Shanta Cotton Industries Private Limited | ₹160.33 Cr (FY 2025) | -33.0% | Kadi, Gujarat, India | |||
| WTL Garments Limited | ₹160.18 Cr (FY 2025) | 33.0% | Ludhiana, Punjab, India | |||
| Mori Spinning Private Limitedthis company | ₹159.93 Cr (FY 2025) | ₹26.28 Lakh | 0.2% | 30.0% | 15 | Rajula, Gujarat, India |
| Birmi International Private Limited | ₹159.49 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| Paragon Apparel Private Limited | ₹159.41 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| G. C. Threads Private Limited | ₹159.19 Cr (FY 2025) | -11.0% | Samana, Punjab, India |
To see the full peer comparison of Mori Spinning Private Limited, buy the company report.
Auditor
Mori Spinning Private Limited is audited by RAJENDRA R. PARMAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA R. PARMAR & CO. | FY 2023 | 114134W |
Shareholding
The shareholding of Mori Spinning Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mori Spinning Private Limited, buy the company report.
Charges & borrowings
Open charges
₹52.8 Cr
Satisfied charges
₹63.26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2023 | 100679401 | State Bank of India | ₹14.03 Cr | Open | |
| 10 Mar 2017 | 100085948 | Others | ₹38.77 Cr | Open | |
| 15 Mar 2017 | 100085977 | Others | ₹63.26 Cr | Satisfied |
To see the full charge records of Mori Spinning Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Mori Spinning Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10 Cr; the latest was in March 2024.
Total deals
8
Secondary share transfers
5
Funding rounds
3
Disclosed funding
₹10 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Jun 2017 | Funding round | ₹1.5 Cr | Investors: 3 individuals |
To see the full deal history of Mori Spinning 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
Mori Spinning Private Limited has 1 court case on record: 1 filed by Mori Spinning. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Assistant Commissioner of Income Tax Circle - ( and 1 other | Pending |
To see the full case history of Mori Spinning 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
Mori Spinning Private Limited was last rated by Care on 22 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Mar 2023 |
To see the full credit ratings and regulatory alerts of Mori Spinning Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mori Spinning Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mori Spinning Private Limited has a workforce of 15 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
50%
GST
Mori Spinning has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCM5863C1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mori Spinning Private Limited, buy the company report.
Recent activity
Mori Spinning Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Rajnibhai Varsinghbhai Mori ceased to be Director on 03 Mar 2020.
Charges
A charge with Others of Rs. 38.77 Cr registered on 10 Mar 2017 with Charge ID 100085948 was modified on 02 Jun 2025.
Charges
A charge with State Bank Of India of Rs. 14.03 Cr registered on 31 Jan 2023 with Charge ID 100679401 was modified on 09 Oct 2024.
AGM
Mori Spinning Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mori Spinning Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 14.03 Cr with Charge ID 100679401 was registered on 31 Jan 2023.
Charges
A charge registered on 15 Mar 2017 via Charge ID 100085977 with Others was fully satisfied on 17 Jan 2023.
Ceased
Rajnibhai Varsinghbhai Mori ceased to be Director.
Charges
A charge with Others of Rs. 63.26 Cr registered on 15 Mar 2017 with Charge ID 100085977 was modified on 03 Jan 2020.
Charges
A charge with Others amounted to Rs. 63.26 Cr with Charge ID 100085977 was registered on 15 Mar 2017.
Charges
A charge with Others amounted to Rs. 38.77 Cr with Charge ID 100085948 was registered on 10 Mar 2017.
Appointed
Bharatbhai Varjangbhai Mori was appointed as Director.
Appointed
Manojkumar Varjangbhai Mori was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Mori Spinning is an active private limited company based in Rajula, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 September 2016 (10+ years old) and is registered under CIN U74999GJ2016PTC093778.
Mori Spinning has 2 current directors:
- Bharatbhai Varjangbhai Mori - Director
- Manojkumar Varjangbhai Mori - Director
The latest financial statements of Mori Spinning 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 FY 2017 are in the company report.
The GSTIN of Mori Spinning is 24AAKCM5863C1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Mori Spinning is U74999GJ2016PTC093778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mori Spinning has 1 court case on record: 1 filed by the company. 1 is pending.
Mori Spinning was incorporated on 19 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mori Spinning has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10 Cr; the latest was in March 2024.
The peers of Mori Spinning by revenue are Shanta Cotton Industries Private Limited, WTL Garments Limited, Birmi International Private Limited, Paragon Apparel Private Limited, G. C. Threads Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Rajnibhai Varsinghbhai Mori ceased to be Director on 03 Mar 2020. Bharatbhai Varjangbhai Mori was appointed as Director on 19 Sep 2016. Manojkumar Varjangbhai Mori was appointed as Director on 19 Sep 2016.
Yes, Mori Spinning is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-02-0000185).