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About Spinners Association (Gujarat)
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Spinners Association (Gujarat) is a private not for profit company based in Rajkot, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U91920GJ2016NPL093398. Its GSTIN is 24AAXCS5558F1ZS (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bharat Khodabhai Boghara and Jayeshkumar Harilal Patel.
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 Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.48 Lakh. For the same year it recorded a net profit of ₹30,655 (net margin 5.6%) and EBITDA of ₹32,075 (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.
The company is associated with 1 brand: Spinners Association Gujarat.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sagujarat.org.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressTime Square Complex Office No – 908 Ayodhya Chowk Nr. Gokul Mathura Appartment 150 – Feet R, Ing Road, Rajkot, Gujarat, India – 360007
- 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 Spinners Association (Gujarat)
The main business activity of Spinners Association (Gujarat) is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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.
Financials of Spinners Association (Gujarat) FY 2024 filings available
Spinners Association (Gujarat) reported revenue of ₹5.48 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spinners Association (Gujarat)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years. 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 Spinners Association (Gujarat)
| 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 | ₹32,075 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹30,655 | •••• | •••• | •••• | •••• |
| 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 Spinners Association (Gujarat)
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 Spinners Association (Gujarat) are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Spinners Association (Gujarat)
Spinners Association (Gujarat) is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Focus Textiles Private Limited | ₹5.51 Lakh (FY 2016) | •••• | •••• | 140.0% | •••• | Gurgaon, Haryana, India |
| Crossharbor Platform Private Limited | ₹5.5 Lakh (FY 2025) | •••• | •••• | •••• | Ballabgarh, Haryana, India | |
| Nagreeka Home Textiles Private Limited | ₹5.5 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Sahyadri Farms Sustainable Grassroots Initiatives Limited | ₹5.5 Lakh (FY 2025) | •••• | •••• | -89.0% | •••• | Nashik, Maharashtra, India |
| Womauraa Apparels Private Limited | ₹5.5 Lakh (FY 2025) | •••• | •••• | •••• | Haryana, India | |
| Spinners Association (Gujarat) this company | ₹5.48 Lakh (FY 2025) | •••• | •••• | •••• | Rajkot, Gujarat, India | |
| Navjeevan Textiles Private Limited | ₹5.48 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Ichalkaranji, Maharashtra, India |
| Oak Apparels Private Limited | ₹5.46 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Filipra Private Limited | ₹5.44 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Delhi, India |
| Manpur Handloom Producer Company Limited | ₹5.42 Lakh (FY 2024) | •••• | •••• | 70.0% | •••• | Gaya, Bihar, India |
| Orijahnal Apparels Private Limited | ₹5.42 Lakh (FY 2025) | •••• | •••• | 43.0% | •••• | Harmal, Goa, India |
Peers are the five companies nearest above and the five nearest below Spinners Association (Gujarat) by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Spinners Association (Gujarat)
Spinners Association (Gujarat) is audited by VAGHASIA & LAKHANI LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VAGHASIA & LAKHANI LLP | 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 Spinners Association (Gujarat)
Spinners Association (Gujarat) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Khodabhai Boghara Also directs: Tribhuvan Spintex Private Limited, Dhruv Cotton Processing Private Limited, M. M. Yarns Private Limited and 3 more | Director | 17 Aug 2016 | 10 Years 1 Months | Current |
| Jayeshkumar Harilal Patel | Director | 17 Aug 2016 | 10 Years 1 Months | Current |
| Saurin Jagdish Bhai Parikh Also directs: Global Park Developer LLP, Universal Industrial Park LLP, Pashupati Texspin Export LLP and 5 more | Director | 17 Aug 2016 | 10 Years 1 Months | Current |
Ownership and Shareholding of Spinners Association (Gujarat)
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 Spinners Association (Gujarat)
Spinners Association (Gujarat) does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Spinners Association (Gujarat)
Spinners Association (Gujarat) operates one associated brand: Spinners Association Gujarat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Association for promoting and protecting spinning mills in Gujarat. | sagujarat.org |
Employees and EPFO Compliance at Spinners Association (Gujarat)
Employment history and EPFO contributions of people linked to Spinners Association (Gujarat).
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.
Recent Activity on Spinners Association (Gujarat)
Spinners Association (Gujarat) has 3 board changes on record since 2016: 3 appointments. The latest: Bharat Khodabhai Boghara was appointed as Director on 17 Aug 2016.
Credit Ratings, Litigation & Regulatory Alerts for Spinners Association (Gujarat)
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 Spinners Association (Gujarat)
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 Spinners Association (Gujarat)
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.
GST Compliance of Spinners Association (Gujarat)
Spinners Association (Gujarat) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXCS5558F1ZS | Gujarat | Active | 12 Apr 2018 |
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.
MCA Filings & Documents of Spinners Association (Gujarat)
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.
Frequently Asked Questions about Spinners Association (Gujarat)
Spinners Association (Gujarat) is an active private not for profit company based in Rajkot, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 August 2016 (10+ years old) and is registered under CIN U91920GJ2016NPL093398.
Spinners Association (Gujarat) reported revenue of ₹5.48 Lakh for FY 2025.
Spinners Association (Gujarat) has 3 current directors:
- Bharat Khodabhai Boghara - Director
- Jayeshkumar Harilal Patel - Director
- Saurin Jagdish Bhai Parikh - Director
Spinners Association (Gujarat) reported a net profit of ₹30,655 (net margin 5.6%) and EBITDA of ₹32,075 (EBITDA margin 5.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spinners Association (Gujarat) is 4% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Spinners Association (Gujarat) is 24AAXCS5558F1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Spinners Association (Gujarat) is U91920GJ2016NPL093398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spinners Association (Gujarat) was incorporated on 17 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Spinners Association (Gujarat) by revenue are Focus Textiles Private Limited, Crossharbor Platform Private Limited, Nagreeka Home Textiles Private Limited, Sahyadri Farms Sustainable Grassroots Initiatives Limited, Womauraa Apparels Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Bharat Khodabhai Boghara was appointed as Director on 17 Aug 2016. Jayeshkumar Harilal Patel was appointed as Director on 17 Aug 2016. Saurin Jagdish Bhai Parikh was appointed as Director on 17 Aug 2016.
Spinners Association (Gujarat) can be reached through the website sagujarat.org. Its registered office is in Rajkot, Gujarat, India.