Texel Industries Limited

BSE: 526638
Texel Industries Limited - manufacturing in Matar, Gujarat, India. FY 2026 financials & compliance.
CIN L29100GJ1989PLC012576 Incorporated 02 August 1989 ROC Ahmedabad HQ Matar, Gujarat, India
Active Listed - BSE: 526638 Public Limited Company manufacturing MSME · Medium
Data last updated
Market Cap
₹84.84 Cr
TEXELIN · BSE
Share Price
₹60.00
-0.35% today
Revenue
₹99.08 Cr
FY 2025-26 · -14.4% YoY
EBITDA
₹10.70 Cr
Margin 10.8%
Net Profit
₹4.52 Cr
FY 2025-26 · +2758.8% YoY
P/E (TTM)
18.5x
P/B 1.8x
ROE
8.5%
ROCE 8.7%
Debt / Equity
0.55
Interest cover 76.8x

About Texel Industries Limited

Data last updated:

Texel Industries Limited is a public limited company based in Matar, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 02 August 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L29100GJ1989PLC012576. Its GSTIN is 24AAACT7085R1ZN (Gujarat). The company holds 4 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 526638.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14.09 Cr. It was formerly known as Texel Plastics Limited and Texel Plastics Private Limited. It is led by directors including Shaileshbhai Mehta Ramniklal (Managing Director) and Naresh Mehta Ramniklal.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Matar, Gujarat.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹99.08 Cr, a decline of 14.4% compared to the previous year. For the same year it recorded a net profit of ₹4.52 Cr (net margin 4.6%) and EBITDA of ₹10.7 Cr (EBITDA margin 10.8%). The net worth stands at ₹43.12 Cr (up 12.4% YoY). Total assets are valued at ₹69.92 Cr (up 19.6% YoY).

The company has about 96 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Texel. As per MCA filings, the company has open charges of ₹15.86 Cr and satisfied charges of ₹15.85 Cr on record. Court records list 38 cases involving the company, including 17 filed by the company and 21 filed against it; 3 cases are pending. The company has 18 deals on record (17 market trades, 1 rights issue); the latest was in July 2026. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 361 overdue payments to 34 micro and small suppliers.

Texel Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0000880). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website geotexelin.com.

Company details

CIN L29100GJ1989PLC012576
Registration Number 012576
Incorporation Date 02 August 1989
ROC Ahmedabad
Listing Status Listed - Listed on BSE (526638)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-09-0000880

Name history

Texel Industries has undergone 2 name changes throughout its history. The company was previously known as Texel Plastics Limited, and Texel Plastics Private Limited. The current legal name is Texel Industries Limited.

Company NameStatus
Texel Industries LimitedCurrent
Texel Plastics LimitedPrevious
Texel Plastics Private LimitedPrevious
Key People
Shaileshbhai Mehta Ramniklal Managing Director Naresh Mehta Ramniklal Director Umeshbhai Arvindbhai Vyas Director

Recognitions & Rankings of Texel Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-09-0000880

Contact details

Texel Industries Limited's registered office is in Matar, Gujarat. Its website is geotexelin.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    geotexelin.com
  • Social Media
  • Registered Address
    Unit No. P – 2, Prime Industrial And Logistics Hub, Matar, Gujarat, India – 387570
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Texel Industries Limited, buy the company report.

Comprehensive company report
Texel Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Texel Industries operates one associated brand: Texel. Each brand links to its own profile.

BrandDescriptionWebsite
Texel
Multi-category services for farming businesses are delivered online.geotexelin.com

Business activity

The main business activity of Texel Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

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

Financials of Texel Industries Limited

FY 2025-26 filings available

Texel Industries Limited reported revenue of ₹99.08 Cr (down 14.4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹99.08 Cr
-14.4% YoY
EBITDA
₹10.70 Cr
+14.2% YoY
Profit After Tax
₹4.52 Cr
+2758.8% YoY
Net Worth
₹43.12 Cr
+12.4% YoY
Total Assets
₹69.92 Cr
+19.6% YoY
Total Debt
₹25.65 Cr
+36.4% 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
Revenue99.0811694.8999.7290.9482.7995.31
Revenue growth-14.4%+21.9%-4.8%+9.7%+9.8%-13.1%-
EBITDA10.709.372.23(1.59)5.384.914.95
EBITDA margin+10.8%+8.1%+2.4%-1.6%+5.9%+5.9%+5.2%
Profit before tax2.514.40(8.67)(11.14)1.622.963.08
Net profit4.52(0.17)(8.64)(11.18)1.152.162.08
Net profit margin+4.6%-0.2%-9.1%-11.2%+1.3%+2.6%+2.2%
EPS (₹)3.483.42(10.38)(13.41)1.394.083.97
Balance sheet
Total assets69.9258.4639.3456.5074.4244.6020.97
Net worth43.1238.3514.1322.8534.1121.0418.82
Total debt25.6518.8124.3732.7439.5222.961.63
Cash & bank0.590.330.230.700.590.641.95
Net working capital23.979.20(12.59)(0.03)14.046.308.53
Cash flow
Cash from operations(2.18)(2.38)15.1216.871.1519.954.42
Cash from investing(0.27)(7.11)(0.90)(4.18)(25.41)(22.19)(2.04)
Cash from financing2.799.60(14.68)(12.52)24.220.93(1.49)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue48.1228.4823.6416.4833.2125.7538.0926.04
Revenue growth (YoY)+44.9%+10.6%-37.9%-36.7%+19.3%+8.5%--
Other income0.560.090.910.121.850.130.330.03
EBITDA3.473.99(1.66)6.411.552.624.534.39
EBITDA margin+7.2%+14.0%-7.0%+38.9%+4.7%+10.2%+11.9%+16.9%
Depreciation1.501.491.371.401.301.300.741.46
Interest1.221.511.371.340.670.680.791.17
Profit before tax1.311.08(3.49)3.791.430.773.331.79
Tax0.050.02(1.85)(0.17)0.010.00(0.17)0.01
Net profit1.261.06(1.64)3.961.420.773.501.78
EPS (₹)0.910.76(1.16)2.881.060.581.051.41
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue99.0811694.8999.7290.9482.6295.50
Revenue growth-14.4%+21.9%-4.8%+9.7%+10.1%-13.5%-
EBITDA10.719.432.28(1.54)5.444.925.95
EBITDA margin+10.8%+8.2%+2.4%-1.5%+6.0%+6.0%+6.2%
Profit before tax3.164.72(8.41)(10.99)1.753.034.13
Net profit5.300.15(8.38)(10.89)1.282.203.13
Net profit margin+5.4%+0.1%-8.8%-10.9%+1.4%+2.7%+3.3%
EPS (₹)3.913.67(10.09)(13.05)1.544.235.98
Balance sheet
Total assets73.2661.2241.6658.5176.0546.0222.32
Net worth46.4641.1116.4624.8735.7422.4620.17
Total debt25.6518.8124.3732.7439.5222.961.63
Cash & bank0.580.330.230.690.590.641.92
Net working capital23.999.13(12.41)(0.07)13.966.228.48
Cash flow
Cash from operations(0.59)(2.63)14.9017.431.0619.984.39
Cash from investing(1.86)(6.86)(0.66)(4.23)(25.32)(22.18)(1.93)
Cash from financing2.799.60(14.68)(12.52)24.220.93(1.49)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue48.1228.4823.6416.4833.2125.7538.0926.04
Revenue growth (YoY)+44.9%+10.6%-37.9%-36.7%+19.3%+8.5%--
Other income0.560.091.550.121.850.130.660.03
Total expenses44.6524.4925.2910.0731.6623.1233.5621.65
EBITDA3.473.99(1.65)6.411.552.634.534.39
EBITDA margin+7.2%+14.0%-7.0%+38.9%+4.7%+10.2%+11.9%+16.9%
Depreciation1.501.491.371.401.301.300.741.46
Interest1.211.511.371.340.670.680.791.17
Profit before tax1.321.08(2.84)3.791.430.783.661.79
Tax0.050.02(1.98)(0.17)0.010.00(0.17)0.01

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 05 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue48.1228.4823.6416.4833.2125.7538.0926.04
Revenue growth (YoY)+44.9%+10.6%-37.9%-36.7%+19.3%+8.5%--
Other income0.560.090.910.121.850.130.330.03
EBITDA3.473.99(1.66)6.411.552.624.534.39
EBITDA margin+7.2%+14.0%-7.0%+38.9%+4.7%+10.2%+11.9%+16.9%
Depreciation1.501.491.371.401.301.300.741.46
Interest1.221.511.371.340.670.680.791.17
Profit before tax1.311.08(3.49)3.791.430.773.331.79
Tax0.050.02(1.85)(0.17)0.010.00(0.17)0.01
Net profit1.261.06(1.64)3.961.420.773.501.78
EPS (₹)0.910.76(1.16)2.881.060.581.051.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue99.0811694.8999.7290.9482.7995.31
Revenue growth-14.4%+21.9%-4.8%+9.7%+9.8%-13.1%-
Other income1.245.140.100.461.020.280.22
Total expenses88.3810692.6610185.5677.8890.36
Employee cost0.005.646.235.154.214.384.88
EBITDA10.709.372.23(1.59)5.384.914.95
EBITDA margin+10.8%+8.1%+2.4%-1.6%+5.9%+5.9%+5.2%
Depreciation5.375.515.465.271.420.810.60
Interest4.064.605.544.743.361.421.49
Profit before tax2.514.40(8.67)(11.14)1.622.963.08
Tax(2.01)(0.16)0.000.040.470.831.00
Net profit4.52(0.17)(8.64)(11.18)1.152.162.08
Net profit margin+4.6%-0.2%-9.1%-11.2%+1.3%+2.6%+2.2%
EPS (₹)3.483.42(10.38)(13.41)1.394.083.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.3113.318.348.348.345.225.22
Reserves & surplus29.0624.295.7914.5125.7715.8213.60
Shareholders' funds (net worth)43.1238.3514.1322.8534.1121.0418.82
Minority interest0.000.000.000.000.000.000.00
Secured loans6.543.634.4810.0414.923.350.06
Unsecured loans19.1115.1819.8922.7024.6019.611.57
Total debt25.6518.8124.3732.7439.5222.961.63
Total liabilities69.9258.4639.3456.5074.4244.6020.97
Assets
Gross block69.0563.7468.1761.6761.9829.3710.67
Net block41.5241.5850.0654.7354.5525.078.83
Capital work in progress0.004.440.030.000.866.251.46
Investments0.000.000.000.000.000.000.00
Inventories28.9924.0917.2120.2721.5614.5014.67
Sundry debtors11.1610.3813.6716.377.4617.426.15
Cash & bank balances0.590.330.230.700.590.641.95
Loans & advances19.4316.9111.7913.1513.712.141.83
Total current assets60.1751.7142.9050.4943.3234.7024.60
Total current liabilities36.2042.5155.4950.5229.2828.4016.07
Net working capital23.979.20(12.59)(0.03)14.046.308.53
Total assets69.9258.4639.3456.5074.4244.6020.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.110.220.690.530.631.951.06
Net cash from operating activities(2.18)(2.38)15.1216.871.1519.954.42
Net cash from investing activities(0.27)(7.11)(0.90)(4.18)(25.41)(22.19)(2.04)
Net cash from financing activities2.799.60(14.68)(12.52)24.220.93(1.49)
Net change in cash0.340.11(0.45)0.17(0.04)(1.30)0.89
Closing cash0.590.330.230.700.590.641.95
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-14.4%+21.9%-4.8%+9.7%+9.8%-13.1%-
EBITDA growth+14.2%+320.2%+240.3%-129.6%+9.6%-0.8%-
PBT growth-43.4%+9998.0%+22.2%--45.3%-3.9%+1.3%
Net income growth+2758.8%+98.0%+22.7%-1072.2%-46.8%+3.9%-
Revenue CAGR (3Y)-0.2%+8.4%+4.7%+1.5%-6.8%-3.1%-
EBITDA CAGR (3Y)-+20.6%-23.1%-+1.7%-0.9%-
Profitability & leverage
Net income margin+4.5%+3.9%-9.1%-11.2%+1.3%+2.6%+2.2%
Return on capital employed+8.7%+8.4%0.0%0.0%+8.4%+13.4%+22.8%
Return on net worth+8.5%-0.6%0.0%0.0%+4.2%+10.7%+11.6%
Debt / equity0.550.821.541.271.130.620.09
Long-term debt / equity0.330.541.030.910.860.460.01
Interest cover76.85118.83-171.52-69.1084.8534.6334.25
Efficiency & per share
Fixed asset turnover1.491.751.461.611.994.146.39
Inventory turnover3.735.605.064.775.045.686.18
Debtors turnover9.209.626.328.377.317.037.79
EPS (₹)3.393.42(10.38)(13.41)1.394.083.97
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)31.8428.2516.9527.4040.9040.2836.03
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue48.1228.4823.6416.4833.2125.7538.0926.04
Revenue growth (YoY)+44.9%+10.6%-37.9%-36.7%+19.3%+8.5%--
Other income0.560.091.550.121.850.130.660.03
Total expenses44.6524.4925.2910.0731.6623.1233.5621.65
EBITDA3.473.99(1.65)6.411.552.634.534.39
EBITDA margin+7.2%+14.0%-7.0%+38.9%+4.7%+10.2%+11.9%+16.9%
Depreciation1.501.491.371.401.301.300.741.46
Interest1.211.511.371.340.670.680.791.17
Profit before tax1.321.08(2.84)3.791.430.783.661.79
Tax0.050.02(1.98)(0.17)0.010.00(0.17)0.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue99.0811694.8999.7290.9482.6295.50
Revenue growth-14.4%+21.9%-4.8%+9.7%+10.1%-13.5%-
Other income1.885.470.330.581.110.350.27
Total expenses88.3710692.6110185.5077.7089.55
Employee cost0.005.646.235.154.213.934.24
EBITDA10.719.432.28(1.54)5.444.925.95
EBITDA margin+10.8%+8.2%+2.4%-1.5%+6.0%+6.0%+6.2%
Depreciation5.375.515.465.271.420.810.60
Interest4.064.675.564.763.381.431.49
Profit before tax3.164.72(8.41)(10.99)1.753.034.13
Tax(2.14)(0.16)0.00(0.10)0.470.831.00
Net profit5.300.15(8.38)(10.89)1.282.203.13
Net profit margin+5.4%+0.1%-8.8%-10.9%+1.4%+2.7%+3.3%
EPS (₹)3.913.67(10.09)(13.05)1.544.235.98
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.3113.318.348.348.345.225.22
Reserves & surplus32.4027.058.1216.5327.4017.2414.95
Shareholders' funds (net worth)46.4641.1116.4624.8735.7422.4620.17
Secured loans6.543.634.4810.0414.923.350.06
Unsecured loans19.1115.1819.8922.7024.6019.611.57
Total debt25.6518.8124.3732.7439.5222.961.63
Total liabilities73.2661.2241.6658.5176.0546.0222.32
Assets
Gross block69.0563.7468.1767.4361.9829.3710.62
Net block41.5241.5850.0654.7354.5525.078.79
Capital work in progress0.004.440.030.000.866.251.46
Investments0.000.000.000.000.000.000.01
Inventories28.9424.0417.1620.2221.5114.4614.47
Sundry debtors11.1510.3813.6716.377.4617.426.35
Cash & bank balances0.580.330.230.690.590.641.92
Loans & advances19.5216.8712.0013.1213.672.071.77
Total current assets60.1951.6243.0650.4043.2334.5924.51
Total current liabilities36.2042.4955.4750.4729.2728.3716.03
Net working capital23.999.13(12.41)(0.07)13.966.228.48
Total assets73.2661.2241.6658.5176.0546.0222.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.110.220.680.010.631.920.95
Net cash from operating activities(0.59)(2.63)14.9017.431.0619.984.39
Net cash from investing activities(1.86)(6.86)(0.66)(4.23)(25.32)(22.18)(1.93)
Net cash from financing activities2.799.60(14.68)(12.52)24.220.93(1.49)
Net change in cash0.340.11(0.45)0.68(0.04)(1.28)0.97
Closing cash0.580.330.230.690.590.641.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-14.4%+21.9%-4.8%+9.7%+10.1%-13.5%-
EBITDA growth+13.6%+313.6%+248.1%-128.3%+10.6%-17.3%-
PBT growth-33.4%+9998.0%+23.5%--42.2%-26.6%+23.7%
Net income growth+3433.3%+101.8%+23.1%-950.8%-41.8%-29.7%-
Revenue CAGR (3Y)-0.2%+8.4%+4.7%+1.5%-6.8%-3.2%+21.5%
EBITDA CAGR (3Y)-+20.2%-22.6%-+0.2%-0.8%+19.0%
Profitability & leverage
Net income margin+5.3%+4.2%-8.9%-10.9%+1.4%+2.7%+3.3%
Return on capital employed+9.5%+8.8%0.0%-9.3%+8.4%+13.1%+27.1%
Return on net worth+10.0%+0.5%0.0%-35.9%+4.4%+10.4%+16.8%
Debt / equity0.510.751.381.191.070.580.09
Long-term debt / equity0.300.500.920.860.810.430.01
Interest cover76.52118.83-174.84-69.9084.0834.7927.85
Efficiency & per share
Fixed asset turnover1.491.751.401.541.994.136.41
Inventory turnover3.745.625.084.785.065.716.23
Debtors turnover9.209.626.328.377.316.957.74
EPS (₹)3.983.67(10.09)(13.05)1.544.235.98
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)34.3530.3319.7329.8242.8543.0038.63

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

Board of directors of Texel Industries Limited

Texel Industries has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Naresh Mehta RamniklalDirector02 Aug 198937 Years 3 MonthsCurrent
Shaileshbhai Mehta Ramniklal
Also directs: Anjaneya Plastech Private Limited, The All India Plastics Manufactures Association
Managing Director02 Aug 198937 Years 3 MonthsCurrent
Umeshbhai Arvindbhai Vyas
Also directs: Anjaneya Plastech Private Limited, Ypsomed India Private Limited
Director28 May 20242 Years 5 MonthsCurrent
Avni Chouhan
Also directs: Hipolin Ltd, Monarch Networth Capital Limited, One Global Service Provider Limited
Director13 Jul 20242 Years 3 MonthsCurrent
View all directors

Auditor

Texel Industries Limited is audited by SUNIL PODDAR AND COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SUNIL PODDAR AND COMPANYFY 2023110603W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 25.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 74.50%.

Promoters: 25.50%Retail & Others: 74.50%
Sep 2026
QUARTER
25.50% Promoters
74.50% Retail & Others
Promoter holding - history
Now 25.50% · Sep 2026High 26.50% · Dec 2025Low 25.50% · Mar 2026
24%25%26%27%28%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 26.50%Mar 2026: 25.50%Jun 2026: 25.50%Sep 2026: 25.50%26.50%25.50%25.50%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters25.50%25.50%25.50%26.50%
Public74.50%74.50%74.50%73.50%

Charges & borrowings

Open charges
₹15.86 Cr
Satisfied charges
₹15.85 Cr
Breakdown by lending institutions
Others₹11.14 Cr
Sidbi₹4.72 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Mar 2026101281576Others₹1.05 CrOpen
28 Jan 2026101256389Others₹1.05 CrOpen
24 Dec 2025101213196Others₹6 CrOpen
09 May 2024100932486Sidbi₹4.72 CrOpen
13 Aug 2021100475663Others₹3.04 CrOpen

To see the full charge records of Texel Industries Limited, buy the company report.

Total charge records: 13 View all charges

Deals & funding

Texel Industries Limited has 18 deals on record (17 market trades, 1 rights issue); the latest was in July 2026.

Total deals
18
Market trades
17
Rights issue
1

Deals on record (5 of 18)

WhenDealAmountParties
Oct 2024Market trade₹61.7 LakhSeller: Multiplier Share and Stock Advisors Private Limited
Oct 2024Market trade₹1.24 CrBuyer: Multiplier Share and Stock Advisors Private Limited
Sep 2024Market trade₹42.3 LakhSeller: Multiplier Share and Stock Advisors Private Limited
Sep 2024Market trade₹2.69 CrBuyer: Kalpana Madhani Securities Private Limited , Multiplier Share and Stock Advisors Private Limited , 2 individuals
Seller: Multiplier Share and Stock Advisors Private Limited , 2 individuals
Jan 2022Market trade₹34.4 LakhBuyer: Alpha Leon Enterprises LLP
Seller: Alpha Leon Enterprises LLP

To see the full deal history of Texel Industries Limited, buy the company report.

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

MSME payment delays

Texel Industries Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 361 overdue payments to 34 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 34)

SupplierAmount dueDue sinceReported on
S S Tradelink
an individual supplier
Riddhi Electric Industries
an individual supplier
Seeta Polymer

To see the full MSME payment records of Texel Industries Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Texel Industries Limited has a workforce of 96 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
96
Active EPFO establishments
1
Employee growth
20%

GST

Texel Industries has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAACT7085R1ZNGujaratActive01 Jul 2017
29AAACT7085R1ZDKarnatakaActive01 Jul 2017
36AAACT7085R1ZITelanganaActive01 Jul 2017

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

Recent activity

Texel Industries Limited has 17 board changes on record since 1989: 11 appointments and 6 cessations. The latest: Jasmin Nahidakhtar Vhora ceased to be Director on 13 Feb 2025.

Filing
Texel Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 1.05 Cr with Charge ID 101281576 was registered on 28 Mar 2026.
Charges
A charge with Others amounted to Rs. 1.05 Cr with Charge ID 101256389 was registered on 28 Jan 2026.
Charges
A charge registered on 08 Oct 2025 via Charge ID 101185136 with Others was fully satisfied on 04 Jan 2026.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101213196 was registered on 24 Dec 2025.
Charges
A charge registered on 05 Dec 2020 via Charge ID 100398068 with Hdfc Bank Limited was fully satisfied on 09 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.61 Cr with Charge ID 101185136 was registered on 08 Oct 2025.
AGM
Texel Industries Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Jasmin Nahidakhtar Vhora ceased to be Director.
Charges
A charge registered on 18 Feb 2021 via Charge ID 100422966 with Others was fully satisfied on 14 Nov 2024.
Appointed
Avni Chouhan was appointed as Director.
Charges
A charge with Others of Rs. 1.96 Cr registered on 18 Feb 2021 with Charge ID 100422966 was modified on 01 Jun 2024.

32 earlier events are in the company report.

News

Frequently asked questions

Texel Industries is an active public limited company based in Matar, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 02 August 1989 (37+ years old) and is registered under CIN L29100GJ1989PLC012576. Listed on BSE: 526638.

Texel Industries reported revenue of ₹99.08 Cr for FY 2025-26 (down 14.4% YoY) based on consolidated financials.

Texel Industries has 4 current directors:

The latest financial statements of Texel Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Texel Industries is 24AAACT7085R1ZN, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACT7085R1ZD (Karnataka), 36AAACT7085R1ZI (Telangana).

The CIN (Corporate Identification Number) of Texel Industries is L29100GJ1989PLC012576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Texel Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 526638).

Texel Industries has 38 court cases on record: 17 filed by the company and 21 filed against it. 3 are pending. Most are in the district courts.

Texel Industries was incorporated on 02 August 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Texel Industries has 18 deals on record (17 market trades, 1 rights issue); the latest was in July 2026.

Jasmin Nahidakhtar Vhora ceased to be Director on 13 Feb 2025. Avni Chouhan was appointed as Director on 13 Jul 2024. Kirit Narotamdas Mehta ceased to be Director on 29 May 2024. Texel Industries has 17 board changes on record in total.