Swastik Clothtex Private Limited
About Swastik Clothtex Private Limited
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Swastik Clothtex Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 24 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74930GJ2000PTC038410.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors Abhishek Khariwal and Chirag Ostwal.
Its last annual general meeting (AGM) was held on 03 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 ₹6.62 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹5.44 Cr (net margin 82.2%) and EBITDA of ₹6.4 Cr (EBITDA margin 96.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 94% over five years.
As per MCA filings, the company has open charges of ₹25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Swastik Clothtex Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 409 Block – C International Trade Center, Majura Gate Athwalines, Surat, Gujarat, India – 395001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Swastik Clothtex Private Limited, buy the company report.
- 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
Business activity
The main business activity of Swastik Clothtex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Swastik Clothtex Private Limited, buy the company report.
Financials of Swastik Clothtex Private Limited
FY 2025 filings availableSwastik Clothtex Private Limited reported revenue of ₹6.62 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 94%. EBITDA fell 13% 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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| EBITDA | ₹6.4 Cr | ||||
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| Net Profit (PAT) | ₹5.44 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 96.7% | ||||
| Net Profit Margin | 82.2% | ||||
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To see the full financial statements and ratios of Swastik Clothtex Private Limited, buy the company report.
Board of directors of Swastik Clothtex Private Limited
Swastik Clothtex has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Khariwal Also directs: Suswani Textiles Private Limited, Shri Arihant Metasteel Private Limited, Visualize Tradecom Private Limited and 2 more | Director | 29 Jun 2024 | 2 Years 4 Months | Current |
| Chirag Ostwal | Director | 09 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Swastik Clothtex Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanak Exim Private Limited | ₹6.64 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Inoxfab India Private Limited | ₹6.63 Cr (FY 2024) | 749.0% | Bhubenshwar, Odisha, India | |||
| The Concept House India Private Limited | ₹6.63 Cr (FY 2024) | 65.0% | Tiruppur, Tamil Nadu, India | |||
| Swastik Clothtex Private Limitedthis company | ₹6.62 Cr (FY 2025) | ₹5.44 Cr | 82.2% | -11.0% | Surat, Gujarat, India | |
| Dhanvirdhi Financial Consultants Private Limited | ₹6.6 Cr (FY 2025) | 76.0% | Surat, Gujarat, India | |||
| Saheli Texports Private Limited | ₹6.58 Cr (FY 2025) | -16.0% | Ahmedabad, Gujarat, India | |||
| PNM United Private Limited | ₹6.57 Cr (FY 2025) | 1.0% | Salem, Tamil Nadu, India | |||
| C. S. Textiles Private Limited | ₹6.57 Cr (FY 2025) | -4.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Swastik Clothtex Private Limited, buy the company report.
Auditor
Swastik Clothtex Private Limited is audited by ANIL R AGARWAL AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL R AGARWAL AND ASSOCIATES | FY 2024 | 135226W |
Shareholding
The shareholding of Swastik Clothtex 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 Swastik Clothtex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2026 | 101340091 | Others | ₹25 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Swastik Clothtex 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
No delayed payments to MSME suppliers are on our record for Swastik Clothtex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Swastik Clothtex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swastik Clothtex Private Limited has 13 board changes on record since 2009: 2 appointments and 11 cessations. The latest: Siddharth Kothari ceased to be Director on 09 Aug 2025.
5 earlier events are in the company report.
Frequently asked questions
Swastik Clothtex is an active private limited company based in Surat, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 24 July 2000 (26+ years old) and is registered under CIN U74930GJ2000PTC038410.
Swastik Clothtex has 2 current directors:
- Abhishek Khariwal - Director
- Chirag Ostwal - Director
The latest financial statements of Swastik Clothtex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Swastik Clothtex is U74930GJ2000PTC038410. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Clothtex was incorporated on 24 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Swastik Clothtex by revenue are Kanak Exim Private Limited, Inoxfab India Private Limited, The Concept House India Private Limited, Dhanvirdhi Financial Consultants Private Limited, Saheli Texports Private Limited and 2 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Siddharth Kothari ceased to be Director on 09 Aug 2025. Chirag Ostwal was appointed as Director on 09 Dec 2024. Rachana Shrotriya ceased to be Director on 22 Aug 2024. Swastik Clothtex has 13 board changes on record in total.
The registered office of Swastik Clothtex is at C – 409 Block – C International Trade Center, Majura Gate Athwalines, Surat, Gujarat, India – 395001.
Swastik Clothtex operates in the home and lifestyle industry, in the textile retail and distribution segment.
Swastik Clothtex has open charges of ₹25 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Swastik Clothtex is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.
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