MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0032230
Shaswat Textiles Private Limited - fashion and textile in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹92.13 Cr
▲ 30% YoY
Net profit · FY 2025
₹34.87 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹4.62 Cr
EBITDA margin 5%
Authorised capital
₹6.95 Cr
Registered with MCA
Paid-up capital
₹3.93 Cr
Issued & subscribed
Open charges
₹46.2 Cr
Satisfied ₹15.92 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
30
Provident fund records
About Shaswat Textiles Private Limited
Data last updated:
Shaswat Textiles Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the casual and branded wear segment of the fashion and textiles sector. It was incorporated on 26 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17111GJ2004PTC044184. Its GSTIN is 24AAJCS3577J1ZY (Gujarat).
The company has an authorised share capital of ₹6.95 Cr and a paid-up capital of ₹3.93 Cr. It is led by directors including Amish Rajendrakumar Shah and Rajendrakumar Rasiklal Shah.
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 181/1 First Floor New Cloth Market O/S Raipur Gate, Ahmedabad, Gujarat, India – 380002.
As per the financials filed for FY 2025, the company reported a revenue of ₹92.13 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹34.87 Lakh (net margin 0.4%) and EBITDA of ₹4.62 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shaswat Textiles. As per MCA filings, the company has open charges of ₹46.2 Cr and satisfied charges of ₹15.92 Cr on record.
Shaswat Textiles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0032230). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shaswattextiles.com.
Company details
CIN U17111GJ2004PTC044184
Registration Number 044184
Incorporation Date 26 May 2004
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 Medium
Udyam Registration UDYAM-GJ-01-0032230
Key People
Amish Rajendrakumar Shah Director Rajendrakumar Rasiklal Shah Director Abdhishkumar Rajendrakumar Shah Director Recognitions & Rankings of Shaswat Textiles
Contact details
Shaswat Textiles Private Limited's registered office is in Ahmedabad, Gujarat. Its website is shaswattextiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address181/1 First Floor New Cloth Market O/S Raipur Gate, Ahmedabad, Gujarat, India – 380002
- IndustryFashion and Textile, Casual & Branded Wear
To see the full contact details of Shaswat Textiles Private Limited, buy the company report.
Comprehensive company report
Shaswat Textiles 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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Brands
Shaswat Textiles operates one associated brand: Shaswat Textiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures shirting, suiting, and dress fabrics for textile industry in India. | shaswattextiles.com |
Business activity
The main business activities of Shaswat Textiles are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Shaswat Textiles Private Limited, buy the company report.
Financials of Shaswat Textiles Private Limited
FY 2025 filings availableShaswat Textiles Private Limited reported revenue of ₹92.13 Cr (up 30% YoY) for FY 2025.
Revenue · FY 2025
₹92.13 Cr ▲ 30%
Net profit · FY 2025
₹34.87 Lakh margin 0.4%
EBITDA · FY 2025
₹4.62 Cr margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▼ 2%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 17%
5 years · compounded
▼ 4%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 30% growth in the latest year. EBITDA rose 15% 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 | ₹4.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.87 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 | 5% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Shaswat Textiles Private Limited, buy the company report.
Board of directors of Shaswat Textiles Private Limited
Shaswat Textiles has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amish Rajendrakumar Shah Also directs: Shaswat Globtex LLP | Director | 26 May 2004 | 22 Years 5 Months | Current |
| Rajendrakumar Rasiklal Shah Also directs: Shaswat Globtex LLP | Director | 26 May 2004 | 22 Years 5 Months | Current |
| Abdhishkumar Rajendrakumar Shah Also directs: Shaswat Globtex LLP | Director | 09 Jun 2009 | 17 Years 4 Months | Current |
Peer comparison
Shaswat Textiles Private Limited is compared with the 9 companies closest to it by revenue in the Apparel industry (Casual Branded Wear, 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 |
|---|---|---|---|---|---|---|
| Fabstract Clothing India Private Limited | ₹92.56 Cr (FY 2025) | 35.0% | New Delhi, Delhi, India | |||
| Suvasa Apparel and Furnishing Private Limited | ₹92.36 Cr (FY 2025) | 6.0% | Jaipur, Rajasthan, India | |||
| Khushi Cotspin Private Limited | ₹92.29 Cr (FY 2024) | 79.0% | Akot, Maharashtra, India | |||
| JPL Industries Limited | ₹92.15 Cr (FY 2025) | -23.0% | Bhilwara, Rajasthan, India | |||
| Dora Industries Private Limited | ₹92.15 Cr (FY 2025) | 176.0% | Jalalpore, Gujarat, India | |||
| Shaswat Textiles Private Limitedthis company | ₹92.13 Cr (FY 2025) | ₹34.87 Lakh | 0.4% | 30.0% | 30 | Ahmedabad, Gujarat, India |
| Bindal Silk Mills Private Limited | ₹92.09 Cr (FY 2025) | 2.0% | Surat, Gujarat, India | |||
| Dhruv Cotex Private Limited | ₹91.96 Cr (FY 2025) | 4.0% | Shirpur, Maharashtra, India | |||
| Gagan Silk Mills Pvt Ltd | ₹91.91 Cr (FY 2025) | 11.0% | Surat, Gujarat, India | |||
| Texcore Textile Private Limited | ₹91.87 Cr (FY 2025) | 16.0% | Karnal, Haryana, India |
To see the full peer comparison of Shaswat Textiles Private Limited, buy the company report.
Auditor
Shaswat Textiles Private Limited is audited by KIRIT P SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRIT P SHAH & CO. | FY 2023 | 152614W |
Shareholding
The shareholding of Shaswat Textiles 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 Shaswat Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹46.2 Cr
Satisfied charges
₹15.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2016 | 100039233 | Hdfc Bank Limited | ₹23.1 Cr | Open | |
| 20 Jun 2016 | 100038028 | Hdfc Bank Limited | ₹23.1 Cr | Open | |
| 27 Aug 2014 | 10517815 | Bank of India | ₹5.2 Cr | Satisfied | |
| 30 May 2012 | 10359912 | Bank of India | ₹5.52 Cr | Satisfied | |
| 12 Sep 2009 | 10175588 | Bank of India | ₹5.2 Cr | Satisfied |
To see the full charge records of Shaswat Textiles Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Shaswat Textiles 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
Shaswat Textiles Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 15 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shodhan Textiles Private Limited | |||
| Jain Cord Industries Private Limited |
To see the full MSME payment records of Shaswat Textiles Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shaswat Textiles Private Limited has a workforce of 30 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
GST
Shaswat Textiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCS3577J1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shaswat Textiles Private Limited, buy the company report.
Recent activity
Shaswat Textiles Private Limited has 9 board changes on record since 2004: 6 appointments and 3 cessations. The latest: Abdhishkumar Rajendrakumar Shah was appointed as Director on 09 Jun 2009.
AGM
Shaswat Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shaswat Textiles 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 of Rs. 23.10 Cr registered on 12 Jul 2016 with Charge ID 100039233 was modified on 16 Nov 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 23.10 Cr registered on 20 Jun 2016 with Charge ID 100038028 was modified on 01 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.10 Cr with Charge ID 100039233 was registered on 12 Jul 2016.
Charges
A charge registered on 27 Aug 2014 via Charge ID 10517815 with Bank Of India was fully satisfied on 01 Jul 2016.
Charges
A charge registered on 12 Sep 2009 via Charge ID 10175588 with Bank Of India was fully satisfied on 01 Jul 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.10 Cr with Charge ID 100038028 was registered on 20 Jun 2016.
Charges
A charge registered on 30 May 2012 via Charge ID 10359912 with Bank Of India was fully satisfied on 02 Sep 2014.
Charges
A charge with Bank Of India amounted to Rs. 5.20 Cr with Charge ID 10517815 was registered on 27 Aug 2014.
Charges
A charge with Bank Of India of Rs. 5.20 Cr registered on 12 Sep 2009 with Charge ID 10175588 was modified on 26 Aug 2014.
Charges
A charge with Bank Of India of Rs. 5.52 Cr registered on 30 May 2012 with Charge ID 10359912 was modified on 27 Nov 2013.
12 earlier events are in the company report.
Frequently asked questions
Shaswat Textiles is an active private limited company based in Ahmedabad, Gujarat, India. The company works in casual and branded wear, within the fashion and textile industry. It was incorporated on 26 May 2004 (22+ years old) and is registered under CIN U17111GJ2004PTC044184.
Shaswat Textiles has 3 current directors:
- Amish Rajendrakumar Shah - Director
- Rajendrakumar Rasiklal Shah - Director
- Abdhishkumar Rajendrakumar Shah - Director
The latest financial statements of Shaswat Textiles 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 Shaswat Textiles is 24AAJCS3577J1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Shaswat Textiles is U17111GJ2004PTC044184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaswat Textiles was incorporated on 26 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shaswat Textiles by revenue are Fabstract Clothing India Private Limited, Suvasa Apparel and Furnishing Private Limited, Khushi Cotspin Private Limited, JPL Industries Limited, Dora Industries Private Limited and 4 more, all in the Apparel industry (Casual Branded Wear, Textiles), with the same principal business activity (textile, leather and other apparel products).
Abdhishkumar Rajendrakumar Shah was appointed as Director on 09 Jun 2009. Ashokkumar Rasiklal Shah ceased to be Director on 09 Jun 2009. Satishbhai Rasiklal Shah ceased to be Director on 09 Jun 2009. Shaswat Textiles has 9 board changes on record in total.
Yes, Shaswat Textiles is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0032230).
Shaswat Textiles has 3 MSME Form 1 returns on record between 2019 and 2021, listing 15 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 May 2021.
Shaswat Textiles can be reached through the website shaswattextiles.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Shaswat Textiles is at 1811 First Floor New Cloth Market OS Raipur Gate, Ahmedabad, Gujarat, India – 380002.