Surbhi Industries Ltd - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN L17110GJ1992PLC017672 Incorporated 21 May 1992 ROC Ahmedabad HQ Surat, Gujarat, India
Active Listed - BSE: 514260 Public Limited Company manufacturing MSME · Medium
Data last updated
Market Cap
₹27.33 Cr
SURBHIN · BSE
Share Price
₹78.50
-1.28% today
Revenue
₹31.54 Cr
FY 2025-26 · -12.2% YoY
EBITDA
₹5.34 Cr
Margin 16.9%
Net Profit
₹1.21 Cr
FY 2025-26 · -33.9% YoY
P/E (TTM)
15.9x
P/B 1.4x
ROE
6.7%
ROCE 8.5%
Debt / Equity
1.05
Interest cover 144.3x

About Surbhi Industries Ltd

Data last updated:

Surbhi Industries Ltd is a public 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 May 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17110GJ1992PLC017672. Its GSTIN is 24AADCS4385E1ZF (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 514260.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.44 Cr. It is led by directors including Ravjibhai Parbatbhai Patel (Managing Director) and Bipinbhai Jasmatbhai Patel (Whole-Time Director).

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Surbhihouse2Ndfloor F.P.No.206 B/Holdsub – Jail Ringroad Khatodara, Surat, Gujarat, India – 395002.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹31.54 Cr, a decline of 12.2% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 3.8%) and EBITDA of ₹5.34 Cr (EBITDA margin 16.9%). The net worth stands at ₹19.06 Cr (up 11.5% YoY). Total assets are valued at ₹42.47 Cr (up 34.8% YoY).

The company has about 24 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹41.67 Cr and satisfied charges of ₹2.03 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending. The company has 3 deals on record (3 market trades); the latest was in May 2026. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 4 smaller; the largest is Everwin Textile Mill Private Limited with revenue of ₹20.03 Cr.

Surbhi Industries Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0005477). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surbhi.com.

Company details

CIN L17110GJ1992PLC017672
Registration Number 017672
Incorporation Date 21 May 1992
ROC Ahmedabad
Listing Status Listed - Listed on BSE (514260)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0005477

CIN history

Surbhi Industries has one previous CIN (Corporate Identification Number): U17110GJ1992PLC017672. The current CIN is L17110GJ1992PLC017672, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L17110GJ1992PLC017672Current
U17110GJ1992PLC017672Previous

Recognitions & Rankings of Surbhi Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-22-0005477

Contact details

Surbhi Industries Ltd's registered office is in Surat, Gujarat. Its website is surbhi.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Surbhihouse2Ndfloor F.P.No.206 B/Holdsub – Jail Ringroad Khatodara, Surat, Gujarat, India – 395002
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Surbhi Industries Ltd, buy the company report.

Comprehensive company report
Surbhi Industries Ltd - 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 activity of Surbhi Industries is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Surbhi Industries Ltd, buy the company report.

Financials of Surbhi Industries Ltd

FY 2025-26 filings available

Surbhi Industries Ltd reported revenue of ₹31.54 Cr (down 12.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹31.54 Cr
-12.2% YoY
EBITDA
₹5.34 Cr
+28.7% YoY
Profit After Tax
₹1.21 Cr
-33.9% YoY
Net Worth
₹19.06 Cr
+11.5% YoY
Total Assets
₹42.47 Cr
+34.8% YoY
Total Debt
₹23.41 Cr
+62.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue31.5435.9317.8927.0928.6118.0328.76
Revenue growth-12.2%+100.8%-34.0%-5.3%+58.7%-37.3%-
EBITDA5.344.150.543.525.644.776.00
EBITDA margin+16.9%+11.6%+3.0%+13.0%+19.7%+26.5%+20.9%
Profit before tax1.522.96(1.60)0.111.932.363.11
Net profit1.211.83(1.64)0.131.091.552.81
Net profit margin+3.8%+5.1%-9.2%+0.5%+3.8%+8.6%+9.8%
EPS (₹)5.789.58(4.67)0.263.244.518.16
Balance sheet
Total assets42.4731.5029.2731.4133.3520.3120.34
Net worth19.0617.1013.8115.2517.0215.8914.24
Total debt23.4114.4015.2715.9716.134.235.72
Cash & bank0.010.010.020.010.520.060.07
Net working capital11.007.558.3213.1216.5211.609.99
Cash flow
Cash from operations4.868.755.167.461.273.364.60
Cash from investing(10.36)(5.10)(2.07)(6.77)(11.42)(1.40)0.46
Cash from financing5.50(3.65)(3.08)(1.20)10.60(1.97)(5.01)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue9.646.687.766.738.878.187.9910.58
Revenue growth (YoY)+8.7%-18.3%-2.9%-36.4%-20.2%+30.9%--
Other income0.230.300.870.600.380.411.120.25
Total expenses7.795.306.845.557.146.667.879.43
EBITDA1.851.380.921.181.731.520.121.15
EBITDA margin+19.2%+20.7%+11.9%+17.5%+19.5%+18.6%+1.5%+10.9%
Depreciation1.021.020.761.000.990.910.620.65
Interest0.600.290.620.660.590.540.420.38
Profit before tax0.460.370.410.120.530.480.200.37
Tax0.000.00(0.47)0.000.000.00(0.34)0.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 04 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue9.646.687.766.738.878.187.9910.58
Revenue growth (YoY)+8.7%-18.3%-2.9%-36.4%-20.2%+30.9%--
Other income0.230.300.870.600.380.411.120.25
Total expenses7.795.306.845.557.146.667.879.43
EBITDA1.851.380.921.181.731.520.121.15
EBITDA margin+19.2%+20.7%+11.9%+17.5%+19.5%+18.6%+1.5%+10.9%
Depreciation1.021.020.761.000.990.910.620.65
Interest0.600.290.620.660.590.540.420.38
Profit before tax0.460.370.410.120.530.480.200.37
Tax0.000.00(0.47)0.000.000.00(0.34)0.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue31.5435.9317.8927.0928.6118.0328.76
Revenue growth-12.2%+100.8%-34.0%-5.3%+58.7%-37.3%-
Other income2.263.422.121.571.091.021.35
Total expenses26.2031.7817.3523.5722.9713.2622.76
Employee cost3.652.832.112.641.931.772.00
EBITDA5.344.150.543.525.644.776.00
EBITDA margin+16.9%+11.6%+3.0%+13.0%+19.7%+26.5%+20.9%
Depreciation3.672.532.573.483.722.953.30
Interest2.412.081.691.501.080.480.94
Profit before tax1.522.96(1.60)0.111.932.363.11
Tax(0.47)(0.34)0.000.000.830.810.30
Net profit1.211.83(1.64)0.131.091.552.81
Net profit margin+3.8%+5.1%-9.2%+0.5%+3.8%+8.6%+9.8%
EPS (₹)5.789.58(4.67)0.263.244.518.16
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3.443.443.443.443.443.443.44
Reserves & surplus15.6213.6610.3711.8113.5812.4510.80
Shareholders' funds (net worth)19.0617.1013.8115.2517.0215.8914.24
Secured loans23.4114.4015.2715.9716.134.235.72
Unsecured loans0.000.000.000.000.000.000.00
Total debt23.4114.4015.2715.9716.134.235.72
Total liabilities42.4731.5029.2731.4133.3520.3120.34
Assets
Gross block78.1268.1162.8460.8654.0842.3540.94
Net block31.0221.3418.5218.8815.477.468.85
Capital work in progress0.000.000.000.000.000.140.00
Investments0.282.903.060.220.220.220.22
Inventories6.964.636.286.162.772.120.99
Sundry debtors3.734.281.814.105.075.267.19
Cash & bank balances0.010.010.020.010.520.060.07
Loans & advances2.681.291.515.529.135.223.07
Total current assets13.3810.219.6215.7917.4912.6611.32
Total current liabilities2.382.661.302.670.971.061.33
Net working capital11.007.558.3213.1216.5211.609.99
Total assets42.4731.5029.2731.4133.3520.3120.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.010.020.010.520.060.070.03
Net cash from operating activities4.868.755.167.461.273.364.60
Net cash from investing activities(10.36)(5.10)(2.07)(6.77)(11.42)(1.40)0.46
Net cash from financing activities5.50(3.65)(3.08)(1.20)10.60(1.97)(5.01)
Net change in cash0.000.000.00(0.51)0.46(0.01)0.04
Closing cash0.010.010.020.010.520.060.07
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-12.2%+100.8%-34.0%-5.3%+58.7%-37.3%-
EBITDA growth+28.7%+668.5%-84.7%-37.6%+18.2%-20.5%-
PBT growth-48.7%+9998.0%--94.3%-18.2%-24.1%+9998.0%
Net income growth-33.9%+211.6%-1361.5%-88.1%-29.7%-44.8%-
Revenue CAGR (3Y)+5.2%+7.9%-0.3%-2.0%+13.8%-3.1%+11.4%
EBITDA CAGR (3Y)+14.9%-9.7%-51.6%-16.3%+25.3%+17.2%+16.3%
Profitability & leverage
Net income margin+6.3%+9.2%-8.9%+0.4%+3.8%+8.6%+9.8%
Return on capital employed+8.5%+11.7%+0.3%+5.0%+11.3%+14.0%+19.3%
Return on net worth+6.7%+11.8%-11.0%+0.7%+6.8%+10.3%+21.8%
Debt / equity1.050.961.080.990.620.330.60
Long-term debt / equity0.600.510.710.720.370.080.23
Interest cover144.31128.40-83.253,750.0056.2526.3734.81
Efficiency & per share
Fixed asset turnover0.430.550.290.470.590.430.70
Inventory turnover5.446.592.886.0711.7011.5926.75
Debtors turnover7.8811.806.055.915.542.904.85
EPS (₹)5.789.58(4.67)0.263.244.518.16
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)55.4549.7440.1644.3449.5146.2341.43

To see the full year-wise statements and ratios of Surbhi Industries Ltd, buy the company report.

Board of directors of Surbhi Industries Ltd

Surbhi Industries has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bipinbhai Jasmatbhai PatelWhole-Time Director21 May 199234 Years 5 MonthsCurrent
Ravjibhai Parbatbhai PatelManaging Director21 May 199234 Years 5 MonthsCurrent
Sheetal Harsh PatelDirector30 Jun 20188 Years 4 MonthsCurrent
Satish Narandas PatelDirector30 Jun 20188 Years 4 MonthsCurrent

Peer comparison

Surbhi Industries Ltd is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Surbhi Industries Ltdthis company₹31.54 Cr (FY 2026)₹1.21 Cr3.8%-12.2%24Surat, Gujarat, India
Everwin Textile Mill Private Limited₹20.03 Cr (FY 2018)127.0%Tirupur, Tamil Nadu, India
Eagle Filament Private Limited₹20.02 Cr (FY 2025)0.0%Surat, Gujarat, India
Alok Dyeing and Bleaching Mills Bombay Pvt Ltd₹20.01 Cr (FY 2025)3.0%Mumbai, Maharashtra, India
Dharani Textiles Private Limited₹20.01 Cr (FY 2025)-13.0%Coimbatore, Tamil Nadu, India
Lakhi Creation Private Limited₹20.01 Cr (FY 2025)-14.0%Varanasi, Uttar Pradesh, India
Sabitri Lifestyle Private Limited₹20 Cr (FY 2025)559.0%Khatodrasurat, Gujarat, India

To see the full peer comparison of Surbhi Industries Ltd, buy the company report.

Auditor

Surbhi Industries Ltd is audited by Ghael Choksi & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Ghael Choksi & Co.FY 20230153978W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 71.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 28.20%.

Promoters: 71.80%Retail & Others: 28.20%
Sep 2026
QUARTER
71.80% Promoters
28.20% Retail & Others
Promoter holding - history
Now 71.80% · Sep 2026High 71.80% · Dec 2025Low 71.80% · Dec 2025
70%70.8%71.5%72.3%73%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 71.80%Mar 2026: 71.80%Jun 2026: 71.80%Sep 2026: 71.80%71.80%71.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters71.80%71.80%71.80%71.80%
Public28.20%28.20%28.20%28.20%

Charges & borrowings

Open charges
₹41.67 Cr
Satisfied charges
₹2.03 Cr
Breakdown by lending institutions
Others₹31.27 Cr
Dena Bank₹10.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Jan 2022100532415Others₹1.22 CrOpen
13 Nov 200610030144Dena Bank₹75 LakhOpen
11 May 200490111759Dena Bank₹3.79 CrOpen
23 Oct 200190110367Dena Bank₹7.45 LakhOpen
29 Oct 199990110037Dena Bank₹99 LakhOpen

To see the full charge records of Surbhi Industries Ltd, buy the company report.

Total charge records: 13 View all charges

Deals & funding

Surbhi Industries Ltd has 3 deals on record (3 market trades); the latest was in May 2026.

Total deals
3
Market trades
3

Deals on record (3 of 3)

WhenDealAmountParties
May 2026Market trade₹54.3 LakhSeller: an individual
Jun 2021Market trade₹3.8 LakhBuyer: 4 individuals
Seller: 2 individuals
Mar 2021Market trade₹3.9 LakhBuyer: 4 individuals
Seller: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Surbhi Industries Ltd was last rated by Icra on 29 Nov 2019.

Rating agencyRated onRating
Icra29 Nov 2019

To see the full credit ratings and regulatory alerts of Surbhi Industries Ltd, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Surbhi Industries Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Surbhi Industries Ltd has a workforce of 24 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
24
Active EPFO establishments
1
Employee growth
4.35%

GST

Surbhi Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AADCS4385E1ZFGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Surbhi Industries Ltd, buy the company report.

Recent activity

Surbhi Industries Ltd has 10 board changes on record since 1992: 7 appointments and 3 cessations. The latest: Nimish Navnitlal Jariwala ceased to be Director on 30 Jun 2018.

Filing
Surbhi Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Surbhi Industries Ltd last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 30.05 Cr registered on 27 Dec 1994 with Charge ID 90109219 was modified on 07 Feb 2025.
Charges
A charge with Others amounted to Rs. 1.22 Cr with Charge ID 100532415 was registered on 12 Jan 2022.
Ceased
Nimish Navnitlal Jariwala ceased to be Director.
Ceased
Pravinbhai Gordhanbhai Patel ceased to be Director.
Appointed
Satish Narandas Patel was appointed as Director.
Appointed
Sheetal Harsh Patel was appointed as Director.
Charges
A charge with Dena Bank of Rs. 4.00 Cr registered on 23 Dec 1994 with Charge ID 90109218 was modified on 05 Jan 2012.
Charges
A charge registered on 22 Nov 2007 via Charge ID 10074783 with The Surat Peoples Co-Op Bank Limited was fully satisfied on 15 Dec 2011.
Charges
A charge registered on 22 Nov 2007 via Charge ID 10075082 with The Surat Peoples Co-Op Bank Limited was fully satisfied on 15 Dec 2011.
Charges
A charge registered on 11 Jul 2007 via Charge ID 10061094 with The Surat Peoples Co-Op Bank Limited was fully satisfied on 15 Dec 2011.

24 earlier events are in the company report.

Frequently asked questions

Surbhi Industries is an active public limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 May 1992 (34+ years old) and is registered under CIN L17110GJ1992PLC017672. Listed on BSE: 514260.

Surbhi Industries reported revenue of ₹31.54 Cr for FY 2025-26 (down 12.2% YoY) based on standalone financials.

Surbhi Industries has 4 current directors:

The latest financial statements of Surbhi Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Surbhi Industries is 24AADCS4385E1ZF, registered in Gujarat.

The CIN (Corporate Identification Number) of Surbhi Industries is L17110GJ1992PLC017672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Surbhi Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 514260).

Surbhi Industries has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.

Surbhi Industries was incorporated on 21 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Surbhi Industries has 3 deals on record (3 market trades); the latest was in May 2026.

The peers of Surbhi Industries by revenue are Everwin Textile Mill Private Limited, Eagle Filament Private Limited, Alok Dyeing and Bleaching Mills Bombay Pvt Ltd, Dharani Textiles Private Limited, Lakhi Creation Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).