Phenix Spinning Private Limited
About Phenix Spinning Private Limited
Data last updated:
Phenix Spinning Private Limited is a private limited company based in Amreli, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17122GJ2014PTC078791. Its GSTIN is 24AAHCP5955D1ZE (Gujarat).
The company has an authorised share capital of ₹33.1 Cr and a paid-up capital of ₹33.1 Cr. It is led by directors including Mehul Maganbhai Patel and Dharmendra Valjibhai Hirpara.
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 C/O. Flexi Plast India Plot No.91 GIDC Udhyog Nagar, Amreli, Gujarat, India – 365601.
As per the financials filed for FY 2023, the company reported a revenue of ₹94.28 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹5.63 Cr (net margin 6%) and EBITDA of ₹7.18 Cr (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹85.25 Cr and satisfied charges of ₹31.69 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Phenix Spinning Private Limited's registered office is in Amreli, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O. Flexi Plast India Plot No.91 GIDC Udhyog Nagar, Amreli, Gujarat, India – 365601
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Phenix Spinning 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
Financials of Phenix Spinning Private Limited
FY 2024 filings availablePhenix Spinning Private Limited reported revenue of ₹94.28 Cr (down 26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 26% fall in the latest year. EBITDA fell 29% 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 | ₹94.28 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.63 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 7.6% | ||||
| Net Profit Margin | 6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Phenix Spinning Private Limited, buy the company report.
Board of directors of Phenix Spinning Private Limited
Phenix Spinning has 7 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Maganbhai Patel Also directs: Shyamsundar Metaplast Private Limited | Director | 18 Feb 2014 | 12 Years 8 Months | Current |
| Dharmendra Valjibhai Hirpara | Director | 18 Feb 2014 | 12 Years 8 Months | Current |
| Dharmesh Maganlal Patel Also directs: Coarser Spinning Private Limited | Director | 31 Jul 2014 | 12 Years 2 Months | Current |
| Jigarkumar Parshottambhai Rupala | Director | 18 Feb 2014 | 12 Years 8 Months | Current |
| Tejas Vajubhai Gol Also directs: Chempro Agribio LLP, Trademan Global LLP, Kalium Innovations Private Limited and 3 more | Director | 20 Nov 2016 | 9 Years 11 Months | Current |
| Dhavalbhai Vajubhai Gol | Director | 31 Jul 2014 | 12 Years 2 Months | Current |
Auditor
Phenix Spinning Private Limited is audited by K. Parekh Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. Parekh Associates | FY 2023 | 114337W |
Shareholding
The shareholding of Phenix Spinning 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 Phenix Spinning Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2024 | 101025586 | Bank of India | ₹3 Cr | Open | |
| 20 Dec 2023 | 100866104 | Bank of India | ₹9 Cr | Open | |
| 25 Jun 2021 | 100456551 | Hdfc Bank Limited | ₹13.5 Cr | Open | |
| 06 Nov 2015 | 10604890 | Bank of India | ₹59.75 Cr | Open | |
| 19 Jun 2015 | 10577344 | Ifci Limited | ₹31.69 Cr | Satisfied |
To see the full charge records of Phenix Spinning Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Phenix Spinning Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Phenix Spinning Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Phenix Spinning Private Limited has a workforce of 16 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Phenix Spinning has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCP5955D1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Phenix Spinning Private Limited, buy the company report.
Recent activity
Phenix Spinning Private Limited has 12 board changes on record since 2014: 7 appointments and 5 cessations. The latest: Tejas Vajubhai Gol was appointed as Director on 20 Nov 2016.
11 earlier events are in the company report.
Frequently asked questions
Phenix Spinning is an active private limited company based in Amreli, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 February 2014 (12+ years old) and is registered under CIN U17122GJ2014PTC078791.
Phenix Spinning has 7 current directors:
- Mehul Maganbhai Patel - Director
- Dharmendra Valjibhai Hirpara - Director
- Dharmesh Maganlal Patel - Director
- Jigarkumar Parshottambhai Rupala - Director
- Tejas Vajubhai Gol - Director
- Dhavalbhai Vajubhai Gol - Director
- Himanshu Jagubhai Patel - Director
The latest financial statements of Phenix 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 2015 are in the company report.
The GSTIN of Phenix Spinning is 24AAHCP5955D1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Phenix Spinning is U17122GJ2014PTC078791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phenix Spinning was incorporated on 18 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Tejas Vajubhai Gol was appointed as Director on 20 Nov 2016. Vajubhai Ranchhodbhai Gol ceased to be Director on 20 Nov 2016. Tejas Vajubhai Gol ceased to be Director on 13 Apr 2015. Phenix Spinning has 12 board changes on record in total.
The registered office of Phenix Spinning is at CO. Flexi Plast India Plot No.91 GIDC Udhyog Nagar, Amreli, Gujarat, India – 365601.
Phenix Spinning operates in the manufacturing industry, in the textile and fabric production segment.
Phenix Spinning has open charges of ₹85.25 Cr and satisfied charges of ₹31.69 Cr as per latest MCA filings.