Refinement Fabrics Private Limited
About Refinement Fabrics Private Limited
Data last updated:
Refinement Fabrics 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 21 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2017PTC099180. Its GSTIN is 24AAICR5366D1ZE (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Smit Shah Tarunbhai and Vijay Shantilal Mehta.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 344 Iscon Emporio B/S. Star India Bazar Near Jodhpur Cross Road Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.74 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹4.7 Lakh (net margin -1.7%) and EBITDA of -₹7.48 Lakh (EBITDA margin -2.7%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address344 Iscon Emporio B/S. Star India Bazar Near Jodhpur Cross Road Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Refinement Fabrics Private Limited
The main business activity of Refinement Fabrics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Refinement Fabrics Private Limited
Refinement Fabrics Private Limited is audited by KAVITA BIRLA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAVITA BIRLA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Refinement Fabrics Private Limited
Refinement Fabrics has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smit Shah Tarunbhai Also directs: Supernova Polyfab Private Limited | Director | 21 Sep 2017 | 9 Years 0 Months | Current |
| Vijay Shantilal Mehta Also directs: Abhar Properties Private Limited, Sai Etco Developers and Realty Private Limited, Khusharav Builders Private Limited and 1 more | Director | 01 Jan 2020 | 6 Years 9 Months | Current |
Financials of Refinement Fabrics Private Limited FY 2023 filings available
Refinement Fabrics Private Limited reported revenue of ₹2.74 Cr (down 61% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Refinement Fabrics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 59% over three years, including a 61% fall in the latest year. EBITDA fell 102% 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 of Refinement Fabrics Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹7.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.7 Lakh | •••• | •••• | •••• | •••• |
| 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 of Refinement Fabrics Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Refinement Fabrics are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Refinement Fabrics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Refinement Fabrics Private Limited
Refinement Fabrics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Refinement Fabrics Private Limited
Employment history and EPFO contributions of people linked to Refinement Fabrics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Refinement Fabrics Private Limited
Refinement Fabrics has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICR5366D1ZE | Gujarat | Active | 01 Aug 2018 |
| 29AAICR5366D1Z4 | Karnataka | Active | 30 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Refinement Fabrics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Refinement Fabrics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Refinement Fabrics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Refinement Fabrics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Refinement Fabrics Private Limited
Frequently Asked Questions about Refinement Fabrics Private Limited
Refinement Fabrics 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 21 September 2017 (9+ years old) and is registered under CIN U17299GJ2017PTC099180.
Refinement Fabrics reported revenue of ₹2.74 Cr for FY 2023 (down 61% YoY).
Refinement Fabrics has 2 current directors:
- Smit Shah Tarunbhai - Director
- Vijay Shantilal Mehta - Director
Refinement Fabrics reported a net loss of ₹4.7 Lakh (net margin -1.7%) and EBITDA of -₹7.48 Lakh (EBITDA margin -2.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Refinement Fabrics is -59% over three years. In the latest year (FY 2023) revenue fell 61%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Refinement Fabrics is 24AAICR5366D1ZE, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAICR5366D1Z4 (Karnataka).
The CIN (Corporate Identification Number) of Refinement Fabrics is U17299GJ2017PTC099180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Refinement Fabrics was incorporated on 21 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Refinement Fabrics is at 344 Iscon Emporio BS. Star India Bazar Near Jodhpur Cross Road Satellite, Ahmedabad, Gujarat, India – 380015.