Toray Kusumgar Advanced Textile Private Limited

Toray Kusumgar Advanced Textile Private Limited - manufacturing in Umergam, Gujarat, India. FY 2026 financials & compliance.
CIN U17120GJ2014FTC080776 Incorporated 13 September 2014 ROC Ahmedabad HQ Umergam, Gujarat, India
Active Foreign Private Limited Company manufacturing MSME · Medium
Revenue · FY 2025
₹273.28 Cr
▲ 7% YoY
Net profit · FY 2025
₹24.32 Cr
Net margin 8.9%
EBITDA · FY 2025
₹39.16 Cr
EBITDA margin 14.3%
Authorised capital
₹140 Cr
Registered with MCA
Paid-up capital
₹140 Cr
Issued & subscribed
Open charges
₹34.25 Cr
Satisfied ₹34.25 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
90
Provident fund records

About Toray Kusumgar Advanced Textile Private Limited

Data last updated:

Toray Kusumgar Advanced Textile Private Limited is a foreign private limited company based in Umergam, Gujarat, India, a subsidiary of Toray Industries Inc. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 September 2014 and has been in existence for over 12 years.

Its director Siddharth Yogesh Kusumgar and family are #571 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2014FTC080776. Its GSTIN is 24AAFCT1165R1ZX (Gujarat).

The company has an authorised share capital of ₹140 Cr and a paid-up capital of ₹140 Cr. It is led by directors including Hirohito Minowa (Managing Director) and Masahiro Nishizawa.

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 Umergam, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹273.28 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹24.32 Cr (net margin 8.9%) and EBITDA of ₹39.16 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 24% over five years.

The company has about 90 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹34.25 Cr and satisfied charges of ₹34.25 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it. The company has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in July 2023.

Toray Kusumgar Advanced Textile Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0011502). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website toray.in.

Company details

CIN U17120GJ2014FTC080776
Registration Number 080776
Incorporation Date 13 September 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Parent Company Toray Industries Inc
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-25-0011502
Key People
Hirohito Minowa Managing Director Masahiro Nishizawa Director Siddharth Yogesh Kusumgar Director

Recognitions & Rankings of Toray Kusumgar Advanced Textile

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-25-0011502

Contact details

Toray Kusumgar Advanced Textile Private Limited's registered office is in Umergam, Gujarat. Its website is toray.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    toray.in
  • Social Media
  • Registered Address
    Plot No.5001/A Sarigam Industrial Estate Revenue Survey No.511/P 512/P &513/P Vil, Lage Fansa, Umergam, Gujarat, India – 396155
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Toray Kusumgar Advanced Textile Private Limited, buy the company report.

Comprehensive company report
Toray Kusumgar Advanced Textile Private 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
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Business activity

The main business activity of Toray Kusumgar Advanced Textile is manufacturing. In detail, this covers manufacture of textiles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing13Manufacture of textiles

To see the full business activity and turnover split of Toray Kusumgar Advanced Textile Private Limited, buy the company report.

Financials of Toray Kusumgar Advanced Textile Private Limited

FY 2025 filings available

Toray Kusumgar Advanced Textile Private Limited reported revenue of ₹273.28 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹273.28 Cr ▲ 7%
Net profit · FY 2025
₹24.32 Cr margin 8.9%
EBITDA · FY 2025
₹39.16 Cr margin 14.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 25%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 103%
5 years · compounded
▲ 28%

Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 7% growth in the latest year. EBITDA rose 22% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹273.28 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹39.16 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹24.32 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin14.3%
Net Profit Margin8.9%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Toray Kusumgar Advanced Textile Private Limited, buy the company report.

Board of directors of Toray Kusumgar Advanced Textile Private Limited

Toray Kusumgar Advanced Textile has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Masahiro Nishizawa
Also directs: Toray Mas Apparel India Private Limited, Toray Industries (India) Private Limited, Toray International India Private Limited
Director18 Apr 20242 Years 6 MonthsCurrent
Siddharth Yogesh Kusumgar
Also directs: Kusumgar Holdings LLP, Paraborne Systems LLP, Pertex Solutions LLP and 5 more
Director13 Sep 201412 Years 2 MonthsCurrent
Takahiro HasuiDirector14 Feb 20233 Years 9 MonthsCurrent
Hirohito MinowaManaging Director05 Dec 201411 Years 11 MonthsCurrent
Koji AsadaDirector27 Jun 20251 Years 4 MonthsCurrent
View all directors

Auditor

Toray Kusumgar Advanced Textile Private Limited is audited by JCSS & ASSOCIATES LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
JCSS & ASSOCIATES LLPFY 2025013134S/S2000056

Shareholding

The shareholding of Toray Kusumgar Advanced Textile Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Toray Kusumgar Advanced Textile Private Limited, buy the company report.

Charges & borrowings

Open charges
₹34.25 Cr
Satisfied charges
₹34.25 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹34.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Feb 201610622128Hdfc Bank Limited₹34.25 CrSatisfied

To see the full charge records of Toray Kusumgar Advanced Textile Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Toray Kusumgar Advanced Textile Private Limited has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in July 2023.

Total deals
4
Rights issues
3
Secondary share transfer
1

Deals on record (4 of 4)

WhenDealAmountParties
Jul 2023Secondary share transferUndisclosedBuyer: Kusumgar Limited
Seller: Kusumgar Holdings LLP
Dec 2019Rights issue₹6.8 CrInvestors: Toray Industries Inc
May 2017Rights issue₹15 CrInvestors: Toray Industries Inc, Kusumgar Holdings LLP , Toray Textile (Thailand) Public Company Limited
Apr 2015Rights issue₹72.4 CrInvestors: Toray Industries Inc, Toray Textile (Thailand) Public Company Limited, Kusumgar Holdings LLP

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

MSME payment delays

No delayed payments to MSME suppliers are on our record for Toray Kusumgar Advanced Textile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Toray Kusumgar Advanced Textile Private Limited has a workforce of 90 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
90
Active EPFO establishments
1
Employee growth
9.8%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2790
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Toray Kusumgar Advanced Textile Private Limited, buy the company report.

GST

Toray Kusumgar Advanced Textile has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCT1165R1ZXGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Toray Kusumgar Advanced Textile Private Limited, buy the company report.

Recent activity

Toray Kusumgar Advanced Textile Private Limited has 21 board changes on record since 2014: 6 appointments and 15 cessations. The latest: Koji Asada ceased to be Additional Director on 29 Sep 2025.

AGM
Toray Kusumgar Advanced Textile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Koji Asada ceased to be Additional Director.
Ceased
Vikramsingh Rajpurohit ceased to be Company Secretary.
Appointed
Koji Asada was appointed as Director.
Filing
Toray Kusumgar Advanced Textile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 04 Feb 2016 via Charge ID 10622128 with Hdfc Bank Limited was fully satisfied on 24 Jan 2025.
Ceased
Masahiro Nishizawa ceased to be Additional Director.
Appointed
Masahiro Nishizawa was appointed as Director.
Ceased
Takahiro Hasui ceased to be Additional Director.
Ceased
Raju Lal Jat ceased to be Company Secretary.
Appointed
Takahiro Hasui was appointed as Director.
Ceased
Koichi Akae ceased to be Additional Director.

15 earlier events are in the company report.

News

Frequently asked questions

Toray Kusumgar Advanced Textile is an active foreign private limited company based in Umergam, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 September 2014 (12+ years old) and is registered under CIN U17120GJ2014FTC080776.

Toray Kusumgar Advanced Textile has 5 current directors:

The latest financial statements of Toray Kusumgar Advanced Textile 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 Toray Kusumgar Advanced Textile is 24AAFCT1165R1ZX, registered in Gujarat.

The CIN (Corporate Identification Number) of Toray Kusumgar Advanced Textile is U17120GJ2014FTC080776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Toray Kusumgar Advanced Textile has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the nclat.

Toray Kusumgar Advanced Textile was incorporated on 13 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Toray Kusumgar Advanced Textile has 4 deals on record (3 rights issues, 1 secondary share transfer); the latest was in July 2023.

Koji Asada ceased to be Additional Director on 29 Sep 2025. Vikramsingh Rajpurohit ceased to be Company Secretary on 30 Jun 2025. Koji Asada was appointed as Director on 27 Jun 2025. Toray Kusumgar Advanced Textile has 21 board changes on record in total.

Yes, Toray Kusumgar Advanced Textile is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-25-0011502).