
Swati Rayons Pvt Ltd
About Swati Rayons Pvt Ltd
Data last updated:
Swati Rayons Pvt Ltd 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 02 January 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1991PTC014844. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹29.09 Lakh. It is led by directors Binod Natharam Agarwal and Vishal Govind Sonthalia.
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 Shop No. 3158 Millenium Textile Market – 4 Near Bhathena Khadi Bridge Udhna, Surat, Gujarat, India – 395009.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.62 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹12,695 (net margin -4.8%) and EBITDA of ₹20,923 (EBITDA margin 8%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹13.94 Cr and satisfied charges of ₹3.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Swati Rayons Pvt Ltd's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 3158 Millenium Textile Market – 4 Near Bhathena Khadi Bridge Udhna, Surat, Gujarat, India – 395009
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Swati Rayons Pvt Ltd, 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
Financials of Swati Rayons Pvt Ltd
FY 2025 filings availableSwati Rayons Pvt Ltd reported revenue of ₹2.62 Lakh (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 324% 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 |
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| EBITDA | ₹20,923 | ||||
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| Net Profit (PAT) | -₹12,695 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 8% | ||||
| Net Profit Margin | -4.8% | ||||
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To see the full financial statements and ratios of Swati Rayons Pvt Ltd, buy the company report.
Board of directors of Swati Rayons Pvt Ltd
Swati Rayons has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binod Natharam Agarwal | Director | 11 Jan 1993 | 33 Years 9 Months | Current |
| Vishal Govind Sonthalia Also directs: Anantaa Polyweaves LLP, Kujenga Entertainment LLP, Vertex Distributors Pvt. Ltd. and 1 more | Director | 08 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Swati Rayons Pvt Ltd is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Radiant Commercial & Investment Pvt Ltd | ₹2.64 Lakh (FY 2025) | -17.0% | Kolkata, West Bengal, India | |||
| MPP Trading Private Limited | ₹2.64 Lakh (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| P T Impex Private Limited | ₹2.63 Lakh (FY 2025) | -85.0% | New Delhi, Delhi, India | |||
| Swati Rayons Pvt Ltdthis company | ₹2.62 Lakh (FY 2024) | -₹12,695 | -4.8% | 13.0% | Surat, Gujarat, India | |
| Tamanna Textrading Private Limited | ₹2.62 Lakh (FY 2024) | -85.0% | Ahmedabad, Gujarat, India | |||
| Minar Acrowools Private Limited | ₹2.61 Lakh (FY 2025) | 35.0% | Punjab, India |
To see the full peer comparison of Swati Rayons Pvt Ltd, buy the company report.
Auditor
Swati Rayons Pvt Ltd is audited by K. Tantia and Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. Tantia and Co. | FY 2022 | 143391W |
Shareholding
The shareholding of Swati Rayons Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swati Rayons Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2024 | 101001536 | Sidbi | ₹4.95 Cr | Open | |
| 21 Sep 2021 | 100482479 | Hdfc Bank Limited | ₹8.99 Cr | Open | |
| 06 Feb 2003 | 90107956 | Bank of Baroda | ₹3.25 Cr | Satisfied |
To see the full charge records of Swati Rayons Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Swati Rayons Pvt Ltd 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 Swati Rayons Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swati Rayons has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Swati Rayons Pvt Ltd, buy the company report.
Recent activity
Swati Rayons Pvt Ltd has 4 board changes on record since 1993: 2 appointments and 2 cessations. The latest: Meenu Anand Poddar ceased to be Director on 09 Jul 2021.
1 earlier event is in the company report.
Frequently asked questions
Swati Rayons 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 02 January 1991 (35+ years old) and is registered under CIN U17110GJ1991PTC014844.
Swati Rayons has 2 current directors:
- Binod Natharam Agarwal - Director
- Vishal Govind Sonthalia - Director
The latest financial statements of Swati Rayons 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.
No. Swati Rayons has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Swati Rayons is U17110GJ1991PTC014844. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swati Rayons was incorporated on 02 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Swati Rayons by revenue are Radiant Commercial & Investment Pvt Ltd, MPP Trading Private Limited, P T Impex Private Limited, Tamanna Textrading Private Limited, Minar Acrowools Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Meenu Anand Poddar ceased to be Director on 09 Jul 2021. Vishal Govind Sonthalia was appointed as Director on 08 Mar 2021. Purushottam Tormal Poddar ceased to be Director on 28 Mar 2013. Swati Rayons has 4 board changes on record in total.
The registered office of Swati Rayons is at Shop No. 3158 Millenium Textile Market – 4 Near Bhathena Khadi Bridge Udhna, Surat, Gujarat, India – 395009.
Swati Rayons operates in the home and lifestyle industry, in the textile retail and distribution segment.
Swati Rayons has open charges of ₹13.94 Cr and satisfied charges of ₹3.25 Cr as per latest MCA filings.

