About Balkrishna Textile Private Limited
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Balkrishna Textile 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 13 August 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1979PTC003480. Its GSTIN is 24AABCB5213G1Z9 (Gujarat).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹4.85 Cr. It was formerly known as Balkrishna Textile Limited. It is led by directors including Ketan Chandulal Thakkar (Managing Director) and Nitin Chandulal Thakkar (Managing Director).
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 Bombay Highway Narol Char Rasta Narol, Ahmedabad, Gujarat, India – 382405.
As per the financials filed for FY 2024, the company reported a revenue of ₹255.49 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.11 Cr (net margin 1.2%) and EBITDA of ₹17.71 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹118.27 Cr and satisfied charges of ₹279.48 Cr on record. Court records list 49 cases involving the company, including 8 filed by the company and 41 filed against it; 2 cases are pending. The company has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹5.58 Cr; the latest was in December 2022. Its 10 peer companies in the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 5 smaller; the largest is Alliance Mills (Lessees) Ltd with revenue of ₹257.39 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 45 overdue payments to 43 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 balkrishnatextiles.com.
Company details
Contact details
Balkrishna Textile Private Limited's registered office is in Ahmedabad, Gujarat. Its website is balkrishnatextiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBombay Highway Narol Char Rasta Narol, Ahmedabad, Gujarat, India – 382405
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Balkrishna Textile 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
Business activity
The main business activity of Balkrishna Textile 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 Balkrishna Textile Private Limited, buy the company report.
Financials of Balkrishna Textile Private Limited
FY 2024 filings availableBalkrishna Textile Private Limited reported revenue of ₹255.49 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 17% 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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| EBITDA | ₹17.71 Cr | ||||
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| Net Profit (PAT) | ₹3.11 Cr | ||||
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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 | 6.9% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Balkrishna Textile Private Limited, buy the company report.
Board of directors of Balkrishna Textile Private Limited
Balkrishna Textile has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adit Nitinkumar Thakkar Also directs: GTF Private Limited | Director | 20 Dec 2016 | 9 Years 10 Months | Current |
| Rohan K Thakkar | Director | 22 Apr 2019 | 7 Years 6 Months | Current |
| Ketan Chandulal Thakkar | Managing Director | 30 Nov 2004 | 21 Years 10 Months | Current |
| Nitin Chandulal Thakkar Also directs: GTF Private Limited, Atpa Swarnim Gujarat Enviro Private Limited | Managing Director | 14 Aug 1979 | 47 Years 2 Months | Current |
Peer comparison
Balkrishna Textile Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Alliance Mills (Lessees) Ltd | ₹257.39 Cr (FY 2025) | -16.0% | Kolkata, West Bengal, India | |||
| Anubhav Apparels Private Limited | ₹257.3 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Nav Hindustan Spinners Private Limited | ₹256.81 Cr (FY 2025) | 21.0% | Coimbatore, Tamil Nadu, India | |||
| F T Textiles Private Limited | ₹256.66 Cr (FY 2025) | 25.0% | Bhiwandi, Maharashtra, India | |||
| Suvidhi Rayons Private Limited | ₹255.97 Cr (FY 2025) | -13.0% | Bhilwara, Rajasthan, India | |||
| Balkrishna Textile Private Limitedthis company | ₹255.49 Cr (FY 2024) | ₹3.11 Cr | 1.2% | -9.0% | Ahmedabad, Gujarat, India | |
| Valiant Glass Works Private Limited | ₹255.48 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Jak Group Private Limited | ₹255.24 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Omsatya Exim Private Limited | ₹255.01 Cr (FY 2025) | 28.0% | Surat, Gujarat, India | |||
| Campus AI Private Limited | ₹254.89 Cr (FY 2021) | 746.0% | New Delhi, Delhi, India | |||
| Permeshwar Creations Private Limited | ₹254.84 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Balkrishna Textile Private Limited, buy the company report.
Auditor
Balkrishna Textile Private Limited is audited by BIHARI SHAH AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIHARI SHAH AND CO. | FY 2023 | 119020W |
Shareholding
The shareholding of Balkrishna Textile 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 Balkrishna Textile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2025 | 101144437 | Hdfc Bank Limited | ₹7.95 Cr | Open | |
| 17 Sep 2021 | 100491905 | Hdfc Bank Limited | ₹110.32 Cr | Open | |
| 17 Mar 2021 | 100429972 | Others | ₹10.71 Cr | Satisfied | |
| 05 May 2020 | 100359180 | Others | ₹1.7 Cr | Satisfied | |
| 11 Sep 2018 | 100217520 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Balkrishna Textile Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Balkrishna Textile Private Limited has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹5.58 Cr; the latest was in December 2022.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Speedwell Enterprise Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Dec 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Kunal Organics Private Limited , Supernova Systems Private Limited |
| Jan 2008 | Funding round | ₹73 Lakh | Investors: Kunal Organics Private Limited , Supernova Systems Private Limited , 2 individuals |
To see the full deal history of Balkrishna Textile 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
Balkrishna Textile Private Limited has 49 court cases on record: 8 filed by Balkrishna Textile, 41 filed against it. 2 cases are pending and 47 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 34 | 2 |
| High courts | 7 | 6 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company by M/S Screenotex Engineers Pvt Ltd Through Its Director Hemantkumar Maneklal Patel | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CMA SC) | Filed by the company against M/S Pam Apparels Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PRCPT) | Filed by the company against M/S. Pam Apparels Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (TAPP LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (TAPP LC) | Filed against the company by an individual | Pending |
To see the full case history of Balkrishna Textile 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
Balkrishna Textile Private Limited was last rated by Care on 13 Jun 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 13 Jun 2023 |
To see the full credit ratings and regulatory alerts of Balkrishna Textile Private Limited, buy the company report.
MSME payment delays
Balkrishna Textile Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 45 overdue payments to 43 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 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Aira Pneumatics | |||
| an individual supplier | |||
| Cess Automation | |||
| an individual supplier |
To see the full MSME payment records of Balkrishna Textile Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Balkrishna Textile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCB5213G1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balkrishna Textile Private Limited, buy the company report.
Recent activity
Balkrishna Textile Private Limited has 6 board changes on record since 1979: 4 appointments and 2 cessations. The latest: Rohan K Thakkar ceased to be Additional Director on 25 Sep 2019.
40 earlier events are in the company report.
Frequently asked questions
Balkrishna Textile 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 13 August 1979 (47+ years old) and is registered under CIN U17119GJ1979PTC003480.
Balkrishna Textile has 4 current directors:
- Ketan Chandulal Thakkar - Managing Director
- Nitin Chandulal Thakkar - Managing Director
- Adit Nitinkumar Thakkar - Director
- Rohan K Thakkar - Director
The latest financial statements of Balkrishna Textile 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 Balkrishna Textile is 24AABCB5213G1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Balkrishna Textile is U17119GJ1979PTC003480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balkrishna Textile has 49 court cases on record: 8 filed by the company and 41 filed against it. 2 are pending. Most are in the district courts.
Balkrishna Textile was incorporated on 13 August 1979, making it 47+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Balkrishna Textile has 12 deals on record (8 secondary share transfers, 4 funding rounds), with disclosed funding of ₹5.58 Cr; the latest was in December 2022.
The peers of Balkrishna Textile by revenue are Alliance Mills (Lessees) Ltd, Anubhav Apparels Private Limited, Nav Hindustan Spinners Private Limited, F T Textiles Private Limited, Suvidhi Rayons Private Limited and 5 more, all in the same principal business activity (textile, leather and other apparel products).
Rohan K Thakkar ceased to be Additional Director on 25 Sep 2019. Rohan K Thakkar was appointed as Director on 22 Apr 2019. Adit Nitinkumar Thakkar ceased to be Additional Director on 25 Sep 2017. Balkrishna Textile has 6 board changes on record in total.
Balkrishna Textile has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 45 overdue payments to 43 micro and small suppliers. The latest return was filed on 21 Jan 2020.
Balkrishna Textile can be reached through the website balkrishnatextiles.com. Its registered office is in Ahmedabad, Gujarat, India.