MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0031415
Reliable Rayon Private Limited
Reliable Rayon Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.49 Cr
▼ 12% YoY
Net profit · FY 2025
₹98.61 Lakh
Net margin 6.8%
EBITDA · FY 2025
₹1.47 Cr
EBITDA margin 10.1%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹80 Lakh
Issued & subscribed
Open charges
₹2.73 Cr
Satisfied ₹2.06 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
3
Provident fund records
About Reliable Rayon Private Limited
Data last updated:
Reliable Rayon 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 19 April 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1988PTC010596. Its GSTIN is 24AABCR1186N1Z6 (Gujarat).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹80 Lakh. It is led by directors including Vivek Jariwala Kalpeshbhai and Kalpesh Navnitlal Jariwala.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.49 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹98.61 Lakh (net margin 6.8%) and EBITDA of ₹1.47 Cr (EBITDA margin 10.1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.73 Cr and satisfied charges of ₹2.06 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Reliable Rayon Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0031415). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17119GJ1988PTC010596
Registration Number 010596
Incorporation Date 19 April 1988
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 Small
Udyam Registration UDYAM-GJ-22-0031415
Key People
Vivek Jariwala Kalpeshbhai Director Kalpesh Navnitlal Jariwala Director Navneetlal Sakarlal Jariwala Director Recognitions & Rankings of Reliable Rayon
Contact details
Reliable Rayon Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address912 International Wealth Centre, Nr. C. B. Patel Club House Vip Road, Surat, Gujarat, India – 395007
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Reliable Rayon Private Limited, buy the company report.
Comprehensive company report
Reliable Rayon 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Reliable Rayon 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 Reliable Rayon Private Limited, buy the company report.
Financials of Reliable Rayon Private Limited
FY 2025 filings availableReliable Rayon Private Limited reported revenue of ₹14.49 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹14.49 Cr ▼ 12%
Net profit · FY 2025
₹98.61 Lakh margin 6.8%
EBITDA · FY 2025
₹1.47 Cr margin 10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 8%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 214%
3 years · compounded
▲ 47%
5 years · compounded
▲ 18%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 12% fall in the latest year. EBITDA rose 214% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹98.61 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 6.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Reliable Rayon Private Limited, buy the company report.
Board of directors of Reliable Rayon Private Limited
Reliable Rayon has 3 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 |
|---|---|---|---|---|
| Vivek Jariwala Kalpeshbhai | Director | 01 Jan 2014 | 12 Years 10 Months | Current |
| Kalpesh Navnitlal Jariwala | Director | 25 Sep 1996 | 30 Years 1 Months | Current |
| Navneetlal Sakarlal Jariwala | Director | 03 Oct 2007 | 19 Years 1 Months | Current |
Peer comparison
Reliable Rayon Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Ethan Textile India Private Limited | ₹14.5 Cr (FY 2025) | 25.0% | Ahmedabad, Gujarat, India | |||
| Reliable Rayon Private Limitedthis company | ₹14.49 Cr (FY 2025) | ₹98.61 Lakh | 6.8% | -12.0% | 3 | Surat, Gujarat, India |
| Maa Kamdhenu Fashions Private Limited | ₹14.49 Cr (FY 2025) | -4.0% | Surat, Gujarat, India | |||
| Texxco Apparels Private Limited | ₹14.46 Cr (FY 2025) | 7.0% | Doddaballapura, Karnataka, India |
To see the full peer comparison of Reliable Rayon Private Limited, buy the company report.
Auditor
Reliable Rayon Private Limited is audited by KISHAN JARIWALA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KISHAN JARIWALA & CO. | FY 2023 | 142641W |
Shareholding
The shareholding of Reliable Rayon 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 Reliable Rayon Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.73 Cr
Satisfied charges
₹2.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2023 | 100796192 | Hdfc Bank Limited | ₹7.95 Lakh | Open | |
| 08 Jul 2017 | 100109879 | Hdfc Bank Limited | ₹2.65 Cr | Open | |
| 28 May 2010 | 10623876 | State Bank of India | ₹95 Lakh | Satisfied | |
| 08 Jun 2000 | 90112600 | The Panchsheel Mercantile Co-Op Bank Ltd | ₹31 Lakh | Satisfied | |
| 17 Dec 1989 | 90112024 | State Bank of Saurashtra | ₹18 Lakh | Satisfied |
To see the full charge records of Reliable Rayon Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Reliable Rayon Private Limited has 3 court cases on record: 3 filed by Reliable Rayon. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (SMCST) | Filed by the company against Chowdhary Fashions Pvt. Ltd. and 5 others | Disposed |
| District court, SURAT, Gujarat | Civil suit | Filed by the company against Chowdhary Fashions Pvt Ltd and 5 others | Disposed |
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Reliable Rayon 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reliable Rayon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Reliable Rayon Private Limited has a workforce of 3 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-25%
GST
Reliable Rayon has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCR1186N1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reliable Rayon Private Limited, buy the company report.
Recent activity
Reliable Rayon Private Limited has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Jasumatiben Navneetlal Jariwala ceased to be Director on 20 Nov 2020.
AGM
Reliable Rayon Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Reliable Rayon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.95 Lakh with Charge ID 100796192 was registered on 13 Sep 2023.
Ceased
Jasumatiben Navneetlal Jariwala ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 264.97 Lakh registered on 08 Jul 2017 with Charge ID 100109879 was modified on 02 Feb 2019.
Charges
A charge registered on 28 May 2010 via Charge ID 10623876 with State Bank Of India was fully satisfied on 02 Aug 2017.
Charges
A charge registered on 17 Dec 1989 via Charge ID 90112024 with State Bank Of Saurashtra was fully satisfied on 10 Jul 2017.
Charges
A charge registered on 17 Dec 1988 via Charge ID 90111987 with State Bank Of Saurashtra was fully satisfied on 10 Jul 2017.
Charges
A charge registered on 17 Dec 1988 via Charge ID 90108519 with State Bank Of Saurashtra was fully satisfied on 10 Jul 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 264.97 Lakh with Charge ID 100109879 was registered on 08 Jul 2017.
Appointed
Vivek Jariwala Kalpeshbhai was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 95.00 Lakh with Charge ID 10623876 was registered on 28 May 2010.
14 earlier events are in the company report.
Frequently asked questions
Reliable Rayon 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 19 April 1988 (38+ years old) and is registered under CIN U17119GJ1988PTC010596.
Reliable Rayon has 3 current directors:
- Vivek Jariwala Kalpeshbhai - Director
- Kalpesh Navnitlal Jariwala - Director
- Navneetlal Sakarlal Jariwala - Director
The latest financial statements of Reliable Rayon 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 Reliable Rayon is 24AABCR1186N1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Reliable Rayon is U17119GJ1988PTC010596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliable Rayon has 3 court cases on record: 3 filed by the company.
Reliable Rayon was incorporated on 19 April 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Reliable Rayon by revenue are Ethan Textile India Private Limited, Maa Kamdhenu Fashions Private Limited, Texxco Apparels Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Jasumatiben Navneetlal Jariwala ceased to be Director on 20 Nov 2020. Vivek Jariwala Kalpeshbhai was appointed as Director on 01 Jan 2014. Chandrakant Sakerlal Jariwala ceased to be Director on 03 Oct 2007. Reliable Rayon has 5 board changes on record in total.
Yes, Reliable Rayon is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0031415).
The registered office of Reliable Rayon is at 912 International Wealth Centre, Nr. C. B. Patel Club House Vip Road, Surat, Gujarat, India – 395007.
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