MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0030642
Universal Threads Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹39.59 Cr
▲ 30% YoY
Net profit · FY 2023
₹62.44 Lakh
Net margin 1.6%
EBITDA · FY 2023
₹5.35 Cr
EBITDA margin 13.5%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹48.52 Lakh
Issued & subscribed
Open charges
₹13.04 Cr
Satisfied ₹6.88 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
22
Provident fund records
About Universal Threads Private Limited
Data last updated:
Universal Threads Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2012PTC068790. Its GSTIN is 24AABCU3993N1ZS (Gujarat).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹48.52 Lakh. It is led by directors Kanishk Ashok Kanungo (Managing Director) and Hemant Bhagwandas Pungalia (Managing Director).
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 208 Super Tex Tower Opp. Kinnary Multiplex Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2023, the company reported a revenue of ₹39.59 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹62.44 Lakh (net margin 1.6%) and EBITDA of ₹5.35 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Universalthreads. As per MCA filings, the company has open charges of ₹13.04 Cr and satisfied charges of ₹6.88 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company; 1 case is pending.
Universal Threads Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0030642). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website universalthreads.in.
Company details
CIN U17120GJ2012PTC068790
Registration Number 068790
Incorporation Date 27 January 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0030642
Recognitions & Rankings of Universal Threads
Contact details
Universal Threads Private Limited's registered office is in Surat, Gujarat. Its website is universalthreads.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address208 Super Tex Tower Opp. Kinnary Multiplex Ring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Universal Threads Private Limited, buy the company report.
Comprehensive company report
Universal Threads 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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Secure checkout · GST invoice included
Brands
Universal Threads operates one associated brand: Universalthreads. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| universalthreads.in |
Financials of Universal Threads Private Limited
FY 2025 filings availableUniversal Threads Private Limited reported revenue of ₹39.59 Cr (up 30% YoY) for FY 2023.
Revenue · FY 2023
₹39.59 Cr ▲ 30%
Net profit · FY 2023
₹62.44 Lakh margin 1.6%
EBITDA · FY 2023
₹5.35 Cr margin 13.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 11%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 149%
3 years · compounded
▲ 36%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 30% growth in the latest year. EBITDA rose 149% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹39.59 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹62.44 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 Universal Threads Private Limited, buy the company report.
Board of directors of Universal Threads Private Limited
Universal Threads has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanishk Ashok Kanungo Also directs: Vega Renewables Private Limited | Managing Director | 27 Jan 2012 | 14 Years 8 Months | Current |
| Hemant Bhagwandas Pungalia | Managing Director | 27 Jan 2012 | 14 Years 8 Months | Current |
Auditor
Universal Threads Private Limited is audited by JINAL MEHTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JINAL MEHTA & CO. | FY 2023 | 149265W |
Shareholding
The shareholding of Universal Threads 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 Universal Threads Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.04 Cr
Satisfied charges
₹6.88 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2015 | 10591271 | Others | ₹13.04 Cr | Open | |
| 06 Apr 2012 | 10347771 | State Bank of India | ₹6.88 Cr | Satisfied |
To see the full charge records of Universal Threads Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Universal Threads Private Limited has 8 court cases on record: 8 filed by Universal Threads. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
8
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Commercial matter | Filed by the company against Sangeeta Devi Pansari Prop. of Narbada Textiles | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Universal Threads 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
Universal Threads Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Mohini Shrink Pack | |||
| Ambica Auxiliaries Private Limited | |||
| Ambica Industries |
To see the full MSME payment records of Universal Threads Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Universal Threads Private Limited has a workforce of 22 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
22
Active EPFO establishments
1
Employee growth
-15.38%
GST
Universal Threads has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCU3993N1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Universal Threads Private Limited, buy the company report.
Recent activity
Universal Threads Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Hemant Bhagwandas Pungalia ceased to be Director on 07 Aug 2013.
AGM
Universal Threads Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 1,303.85 Lakh registered on 31 Aug 2015 with Charge ID 10591271 was modified on 09 Sep 2025.
Filing
Universal Threads Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 06 Apr 2012 via Charge ID 10347771 with State Bank Of India was fully satisfied on 21 Sep 2015.
Charges
A charge with Others amounted to Rs. 1,303.85 Lakh with Charge ID 10591271 was registered on 31 Aug 2015.
Charges
A charge with State Bank Of India of Rs. 687.69 Lakh registered on 06 Apr 2012 with Charge ID 10347771 was modified on 18 Nov 2014.
Ceased
Hemant Bhagwandas Pungalia ceased to be Director.
Ceased
Kanishk Ashok Kanungo ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 687.69 Lakh with Charge ID 10347771 was registered on 06 Apr 2012.
Appointed
Hemant Bhagwandas Pungalia was appointed as Managing Director.
Appointed
Kanishk Ashok Kanungo was appointed as Managing Director.
Incorporation
27 Jan 2012
Universal Threads Private Limited was registered on 27 Jan 2012 with Roc Ahmedabad & aged 14 years 8 months as per MCA records.
Frequently asked questions
Universal Threads is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 January 2012 (14+ years old) and is registered under CIN U17120GJ2012PTC068790.
Universal Threads has 2 current directors:
- Kanishk Ashok Kanungo - Managing Director
- Hemant Bhagwandas Pungalia - Managing Director
The latest financial statements of Universal Threads 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 Universal Threads is 24AABCU3993N1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Universal Threads is U17120GJ2012PTC068790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Universal Threads has 8 court cases on record: 8 filed by the company. 1 is pending.
Universal Threads was incorporated on 27 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hemant Bhagwandas Pungalia ceased to be Director on 07 Aug 2013. Kanishk Ashok Kanungo ceased to be Director on 07 Aug 2013. Hemant Bhagwandas Pungalia was appointed as Managing Director on 27 Jan 2012. Universal Threads has 4 board changes on record in total.
Yes, Universal Threads is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0030642).
Universal Threads has 9 MSME Form 1 returns on record between 2019 and 2023, listing 27 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Universal Threads can be reached through the website universalthreads.in. Its registered office is in Surat, Gujarat, India.