- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0012123

About Swastik Value Addition Private Limited
Data last updated:
Swastik Value Addition Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 15 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2010PTC060269. Its GSTIN is 24AAOCS1111P1Z7 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Jitendrakumar Nanjibhai Patel and Rinkesh Suresh Haswani.
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 Plot No. 3305 Road No – 33 GIDC Sachin, Surat, Gujarat, India – 394230.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.6 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹1.82 Cr (net margin 3.5%) and EBITDA of ₹8.18 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 27% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹98.44 Cr and satisfied charges of ₹1.12 Cr on record. Court records list 50 cases involving the company, including 1 filed by the company and 49 filed against it; 39 cases are pending.
Swastik Value Addition Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0012123). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swastikvalueaddition.com.
Company details
Recognitions & Rankings of Swastik Value Addition
Contact details
Swastik Value Addition Private Limited's registered office is in Surat, Gujarat. Its website is swastikvalueaddition.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 3305 Road No – 33 GIDC Sachin, Surat, Gujarat, India – 394230
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Swastik Value Addition 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 Value Addition is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Swastik Value Addition Private Limited, buy the company report.
Financials of Swastik Value Addition Private Limited
FY 2025 filings availableSwastik Value Addition Private Limited reported revenue of ₹52.6 Cr (up 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 56% growth in the latest year. EBITDA fell 28% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹52.6 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.82 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 15.6% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Swastik Value Addition Private Limited, buy the company report.
Board of directors of Swastik Value Addition Private Limited
Swastik Value Addition has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendrakumar Nanjibhai Patel | Director | 03 Aug 2022 | 4 Years 2 Months | Current |
| Rinkesh Suresh Haswani | Director | 03 Aug 2022 | 4 Years 2 Months | Current |
| Bhirenkumar Girjashanker Vaidya | Director | 25 Oct 2019 | 7 Years 0 Months | Current |
| Shalin Bhirenbhai Vaidya Also directs: Kaaj Studio LLP | Director | 15 Apr 2010 | 16 Years 6 Months | Current |
Auditor
Swastik Value Addition Private Limited is audited by D. M. S. & Vilki Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. M. S. & Vilki Associates | FY 2024 | 114299W |
Shareholding
The shareholding of Swastik Value Addition Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Value Addition Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2026 | 101332860 | Others | ₹2.95 Cr | Open | |
| 31 Jan 2024 | 100869315 | Others | ₹6.25 Cr | Open | |
| 31 Jan 2024 | 100869321 | Others | ₹4.31 Cr | Open | |
| 10 May 2023 | 100733372 | Others | ₹3.49 Cr | Open | |
| 07 Apr 2023 | 100707309 | Hdfc Bank Limited | ₹17 Lakh | Open |
To see the full charge records of Swastik Value Addition Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Swastik Value Addition Private Limited has 50 court cases on record: 1 filed by Swastik Value Addition, 49 filed against it. 39 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 50 | 49 | 39 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Spectrum Dyes and Chemicals Pvt. Ltd. Through Its Autho. Director Balbirsingh Nathuram Pilania | Disposed |
| District court, SURAT, Gujarat | Court case (TAPP-LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (TAPP-LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Pending |
To see the full case history of Swastik Value Addition 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.
MSME payment delays
Swastik Value Addition Private Limited has 20 MSME Form 1 returns on record between 2017 and 2022, listing 1,955 overdue payments to 61 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 (5 of 61)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kanaiya Hardware | |||
| an individual supplier | |||
| Blue Tex (I) Private Limited | |||
| an individual supplier | |||
| Digitex |
To see the full MSME payment records of Swastik Value Addition Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Swastik Value Addition Private Limited has a workforce of 11 employees on its EPFO records as of Nov 20, 2025, across 1 active EPFO establishment.
GST
Swastik Value Addition has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCS1111P1Z7 | Gujarat | Active | 01 Jul 2017 |
| 24AAOCS1111P2Z6 | Gujarat | Active | 14 Jul 2017 |
To see the full GST registrations and return filing status of Swastik Value Addition Private Limited, buy the company report.
Recent activity
Swastik Value Addition Private Limited has 9 board changes on record since 2010: 4 appointments and 5 cessations. The latest: Komal Sunilbhai Jariwala ceased to be Director on 09 Mar 2026.
19 earlier events are in the company report.
Frequently asked questions
Swastik Value Addition is an active private limited company based in Surat, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 15 April 2010 (16+ years old) and is registered under CIN U17120GJ2010PTC060269.
Swastik Value Addition has 4 current directors:
- Jitendrakumar Nanjibhai Patel - Director
- Rinkesh Suresh Haswani - Director
- Bhirenkumar Girjashanker Vaidya - Director
- Shalin Bhirenbhai Vaidya - Director
The latest financial statements of Swastik Value Addition 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 Swastik Value Addition is 24AAOCS1111P1Z7, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAOCS1111P2Z6 (Gujarat).
The CIN (Corporate Identification Number) of Swastik Value Addition is U17120GJ2010PTC060269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Value Addition has 50 court cases on record: 1 filed by the company and 49 filed against it. 39 are pending.
Swastik Value Addition was incorporated on 15 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Komal Sunilbhai Jariwala ceased to be Director on 09 Mar 2026. Kanish Ram Vardani ceased to be Additional Director on 30 Sep 2022. Jitendrakumar Nanjibhai Patel was appointed as Director on 03 Aug 2022. Swastik Value Addition has 9 board changes on record in total.
Yes, Swastik Value Addition is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0012123).
Swastik Value Addition has 20 MSME Form 1 returns on record between 2017 and 2022, listing 1,955 overdue payments to 61 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Swastik Value Addition can be reached through the website swastikvalueaddition.com. Its registered office is in Surat, Gujarat, India.

