MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0033413
Sudarshan Textiles Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹53.88 Cr
▲ 6% YoY
Net profit · FY 2024
₹1.94 Cr
Net margin 3.6%
EBITDA · FY 2024
₹5.2 Cr
EBITDA margin 9.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹57.98 Lakh
Issued & subscribed
Open charges
₹267.83 Cr
Satisfied ₹13.38 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
340
Provident fund records
About Sudarshan Textiles Private Limited
Data last updated:
Sudarshan Textiles 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 21 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1994PTC021857. Its GSTIN is 24AADCS4386H1Z8 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹57.98 Lakh. It is led by directors including Atulkumar Bangad and Manmohan Krishnagopal Mundra.
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 H.G.Rfl Shop – 5 Raghu Nandan Textile Market Ring Road Opp. C Station, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2024, the company reported a revenue of ₹53.88 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Cr (net margin 3.6%) and EBITDA of ₹5.2 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 6% over five years.
The company has about 340 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹267.83 Cr and satisfied charges of ₹13.38 Cr on record. Court records list 33 cases involving the company, including 5 filed by the company and 28 filed against it; 2 cases are pending.
Sudarshan Textiles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0033413). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madhusudangroup.com.
Company details
CIN U17110GJ1994PTC021857
Registration Number 021857
Incorporation Date 21 April 1994
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-22-0033413
Key People
Atulkumar Bangad Director Manmohan Krishnagopal Mundra Director Navneetkumar Krishnagopal Mundra Director Recognitions & Rankings of Sudarshan Textiles
Contact details
Sudarshan Textiles Private Limited's registered office is in Surat, Gujarat. Its website is madhusudangroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.G.Rfl Shop – 5 Raghu Nandan Textile Market Ring Road Opp. C Station, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sudarshan Textiles Private Limited, buy the company report.
Comprehensive company report
Sudarshan 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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Business activity
The main business activities of Sudarshan Textiles are support service to organizations and trade. In detail, this covers other support services to organizations 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 |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sudarshan Textiles Private Limited, buy the company report.
Financials of Sudarshan Textiles Private Limited
FY 2025 filings availableSudarshan Textiles Private Limited reported revenue of ₹53.88 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹53.88 Cr ▲ 6%
Net profit · FY 2024
₹1.94 Cr margin 3.6%
EBITDA · FY 2024
₹5.2 Cr margin 9.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 24%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 18%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 6% growth in the latest year. EBITDA rose 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.94 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sudarshan Textiles Private Limited, buy the company report.
Board of directors of Sudarshan Textiles Private Limited
Sudarshan Textiles has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atulkumar Bangad | Director | 27 Sep 2004 | 22 Years 1 Months | Current |
| Manmohan Krishnagopal Mundra | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Navneetkumar Krishnagopal Mundra | Director | 29 Jan 2024 | 2 Years 9 Months | Current |
| Shrikant Krishnagopal Mundra Also directs: Madhusudan Texpro Industries LLP, Shree Mintech Private Limited, Starlite Minchem Private Limited and 5 more | Director | 21 Apr 1994 | 32 Years 6 Months | Current |
| Dipak Ramgopal Mundra | Director | 15 Mar 2005 | 21 Years 7 Months | Current |
| Yatiraj Mundra Shrikant Also directs: Madhusudan Texpro Private Limited, Shri Madhusudan Rayons Private Limited, Focuz Medical Technologies LLP and 1 more | Director | 08 Oct 2014 | 12 Years 0 Months | Current |
Auditor
Sudarshan Textiles Private Limited is audited by DSI & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DSI & Co. | FY 2023 | 127226W |
Shareholding
The shareholding of Sudarshan 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 Sudarshan Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹267.83 Cr
Satisfied charges
₹13.38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2026 | 101230432 | Hdfc Bank Limited | ₹6.15 Cr | Open | |
| 21 Jan 2025 | 101036060 | Hdfc Bank Limited | ₹9.68 Lakh | Open | |
| 23 Feb 2024 | 100889045 | Hdfc Bank Limited | ₹15.86 Lakh | Open | |
| 10 Nov 2023 | 100824758 | Sbicap Trustee Company Limited | ₹175 Cr | Open | |
| 30 Apr 2021 | 100441079 | Hdfc Bank Limited | ₹86.43 Cr | Open |
To see the full charge records of Sudarshan Textiles Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Sudarshan Textiles Private Limited has 33 court cases on record: 5 filed by Sudarshan Textiles, 28 filed against it. 2 cases are pending and 31 are disposed.
Total cases
33
Filed by the company
5
Filed against the company
28
Pending
2
Disposed
31
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 28 | 2 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (WC-MIS-LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Shri R. S. Gamit, Government Labour Officer and Bonus Payment Inspector, Surat | Disposed |
| District court, SURAT, Gujarat | Court case (CR EN) | Filed against the company by Shri R. S. Gamit, Government Labour Officer and Bonus Payment Inspector, Surat | Disposed |
| District court, SURAT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
To see the full case history of Sudarshan Textiles 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.
Credit ratings & regulatory alerts
Sudarshan Textiles Private Limited was last rated by Icra on 15 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Jul 2021 |
To see the full credit ratings and regulatory alerts of Sudarshan Textiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sudarshan Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sudarshan Textiles Private Limited has a workforce of 340 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
340
Active EPFO establishments
1
Employee growth
25.93%
GST
Sudarshan Textiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS4386H1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sudarshan Textiles Private Limited, buy the company report.
Recent activity
Sudarshan Textiles Private Limited has 12 board changes on record since 1994: 6 appointments and 6 cessations. The latest: Manmohan Krishnagopal Mundra was appointed as Director on 30 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.15 Cr with Charge ID 101230432 was registered on 28 Jan 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 86.43 Cr registered on 30 Apr 2021 with Charge ID 100441079 was modified on 01 Nov 2025.
AGM
Sudarshan Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 175.00 Cr registered on 10 Nov 2023 with Charge ID 100824758 was modified on 08 Sep 2025.
Filing
Sudarshan 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 amounted to Rs. 0.10 Cr with Charge ID 101036060 was registered on 21 Jan 2025.
Appointed
Manmohan Krishnagopal Mundra was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100889045 was registered on 23 Feb 2024.
Appointed
Navneetkumar Krishnagopal Mundra was appointed as Director.
Ceased
Navneetkumar Krishnagopal Mundra ceased to be Director.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 175.00 Cr with Charge ID 100824758 was registered on 10 Nov 2023.
Charges
A charge registered on 20 May 2019 via Charge ID 100268493 with Others was fully satisfied on 10 Jun 2021.
18 earlier events are in the company report.
Frequently asked questions
Sudarshan Textiles 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 21 April 1994 (32+ years old) and is registered under CIN U17110GJ1994PTC021857.
Sudarshan Textiles has 6 current directors:
- Atulkumar Bangad - Director
- Manmohan Krishnagopal Mundra - Director
- Navneetkumar Krishnagopal Mundra - Director
- Shrikant Krishnagopal Mundra - Director
- Dipak Ramgopal Mundra - Director
- Yatiraj Mundra Shrikant - Director
The latest financial statements of Sudarshan 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 Sudarshan Textiles is 24AADCS4386H1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Sudarshan Textiles is U17110GJ1994PTC021857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sudarshan Textiles has 33 court cases on record: 5 filed by the company and 28 filed against it. 2 are pending.
Sudarshan Textiles was incorporated on 21 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manmohan Krishnagopal Mundra was appointed as Director on 30 Sep 2024. Navneetkumar Krishnagopal Mundra was appointed as Director on 29 Jan 2024. Navneetkumar Krishnagopal Mundra ceased to be Director on 29 Jan 2024. Sudarshan Textiles has 12 board changes on record in total.
Yes, Sudarshan Textiles is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0033413).
Sudarshan Textiles can be reached through the website madhusudangroup.com. Its registered office is in Surat, Gujarat, India.
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