MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0183618
Vasuri Textiles Pvt Ltd
Vasuri Textiles Pvt Ltd - appreal & fashion in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹81.59 Lakh
▼ 19% YoY
Net profit · FY 2025
₹1.25 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹2.64 Lakh
EBITDA margin 3.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹1.56 Cr
Secured borrowings
Company age
38 yrs
Est. 1988
Employees · EPFO
1
Provident fund records
About Vasuri Textiles Pvt Ltd
Data last updated:
Vasuri Textiles Pvt Ltd is a private limited company based in Surat, Gujarat, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 03 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1988PTC011323. Its GSTIN is 24AAACV8032A1ZV (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Gauriben Nagjibhai Patel and Nagjibhai Jasmatbhai Patel.
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 Jariwale Compound Vasta – Devdiroad Katargam, Surat, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.59 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Lakh (net margin 1.5%) and EBITDA of ₹2.64 Lakh (EBITDA margin 3.2%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 18% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.56 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Vasuri Textiles Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0183618). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17119GJ1988PTC011323
Registration Number 011323
Incorporation Date 03 October 1988
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 Micro
Udyam Registration UDYAM-GJ-22-0183618
Key People
Gauriben Nagjibhai Patel Director Nagjibhai Jasmatbhai Patel Director Yogeshbhai Nagjibhai Patel Director Recognitions & Rankings of Vasuri Textiles
Contact details
Vasuri Textiles Pvt Ltd's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJariwale Compound Vasta – Devdiroad Katargam, Surat, Gujarat, India
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of Vasuri Textiles Pvt Ltd, buy the company report.
Comprehensive company report
Vasuri Textiles Pvt Ltd - 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
Business activity
The main business activity of Vasuri Textiles 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 Vasuri Textiles Pvt Ltd, buy the company report.
Financials of Vasuri Textiles Pvt Ltd
FY 2025 filings availableVasuri Textiles Pvt Ltd reported revenue of ₹81.59 Lakh (down 19% YoY) for FY 2025.
Revenue · FY 2025
₹81.59 Lakh ▼ 19%
Net profit · FY 2025
₹1.25 Lakh margin 1.5%
EBITDA · FY 2025
₹2.64 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 26%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 13%
5 years · compounded
▼ 23%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 19% fall in the latest year. EBITDA fell 32% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.25 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Vasuri Textiles Pvt Ltd, buy the company report.
Board of directors of Vasuri Textiles Pvt Ltd
Vasuri Textiles has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gauriben Nagjibhai Patel | Director | 23 Mar 1994 | 32 Years 7 Months | Current |
| Nagjibhai Jasmatbhai Patel Also directs: Yogalon Tex Pvt Ltd | Director | 20 Aug 1993 | 33 Years 2 Months | Current |
| Yogeshbhai Nagjibhai Patel Also directs: Yogalon Tex Pvt Ltd | Director | 24 Mar 1994 | 32 Years 7 Months | Current |
| Harjibhai Chhaganbhai Patel Also directs: Yogalon Tex Pvt Ltd | Director | 24 Mar 1994 | 32 Years 7 Months | Current |
Peer comparison
Vasuri Textiles Pvt Ltd is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RSPP Polycoaters Private Limited | ₹81.76 Lakh (FY 2024) | 19555.0% | Palghar, Maharashtra, India | |||
| Gerafe Knits Private Limited | ₹81.66 Lakh (FY 2024) | -28.0% | Mumbai, Maharashtra, India | |||
| LKSR Silk Private Limited | ₹81.62 Lakh (FY 2025) | -74.0% | Kanchipuram, Tamil Nadu, India | |||
| MSR Knitwear Private Limited | ₹81.61 Lakh (FY 2024) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Vasuri Textiles Pvt Ltdthis company | ₹81.59 Lakh (FY 2025) | ₹1.25 Lakh | 1.5% | -19.0% | 1 | Surat, Gujarat, India |
| Dhaneshwar Textiles Private Limited | ₹81.31 Lakh (FY 2024) | 74.0% | Patna, Bihar, India |
To see the full peer comparison of Vasuri Textiles Pvt Ltd, buy the company report.
Auditor
Vasuri Textiles Pvt Ltd is audited by B. M. KANANI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. M. KANANI & ASSOCIATES | FY 2017 | 134752W |
Shareholding
The shareholding of Vasuri Textiles Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vasuri Textiles Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹1.56 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2010 | 10252926 | Bank of India | ₹39 Lakh | Open | |
| 25 Jun 2005 | 90102483 | Bank of India | ₹12.67 Lakh | Open | |
| 05 Aug 2003 | 90100926 | Bank of India | ₹89 Lakh | Open | |
| 31 Dec 1992 | 90097664 | Bank of India | ₹15 Lakh | Open |
To see the full charge records of Vasuri Textiles Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Vasuri Textiles Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Vasuri Textiles Pvt Ltd, 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
No delayed payments to MSME suppliers are on our record for Vasuri Textiles Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vasuri Textiles Pvt Ltd has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-66.67%
GST
Vasuri Textiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV8032A1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vasuri Textiles Pvt Ltd, buy the company report.
Recent activity
Vasuri Textiles Pvt Ltd has 4 board changes on record since 1993: 4 appointments. The latest: Harjibhai Chhaganbhai Patel was appointed as Director on 24 Mar 1994.
AGM
Vasuri Textiles Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vasuri Textiles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Bank Of India of Rs. 89.00 Lakh registered on 05 Aug 2003 with Charge ID 90100926 was modified on 01 Nov 2010.
Charges
A charge with Bank Of India amounted to Rs. 39.00 Lakh with Charge ID 10252926 was registered on 18 Oct 2010.
Charges
A charge with Bank Of India of Rs. 12.67 Lakh registered on 25 Jun 2005 with Charge ID 90102483 was modified on 18 Nov 2009.
Charges
A charge with Bank Of India amounted to Rs. 12.67 Lakh with Charge ID 90102483 was registered on 25 Jun 2005.
Charges
A charge with Bank Of India amounted to Rs. 89.00 Lakh with Charge ID 90100926 was registered on 05 Aug 2003.
Charges
A charge with Bank Of India of Rs. 15.00 Lakh registered on 31 Dec 1992 with Charge ID 90097664 was modified on 16 Jul 2003.
Appointed
Harjibhai Chhaganbhai Patel was appointed as Director.
Appointed
Yogeshbhai Nagjibhai Patel was appointed as Director.
Appointed
Gauriben Nagjibhai Patel was appointed as Director.
Appointed
Nagjibhai Jasmatbhai Patel was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Vasuri Textiles is an active private limited company based in Surat, Gujarat, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 03 October 1988 (38+ years old) and is registered under CIN U17119GJ1988PTC011323.
Vasuri Textiles has 4 current directors:
- Gauriben Nagjibhai Patel - Director
- Nagjibhai Jasmatbhai Patel - Director
- Yogeshbhai Nagjibhai Patel - Director
- Harjibhai Chhaganbhai Patel - Director
The latest financial statements of Vasuri Textiles 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 Vasuri Textiles is 24AAACV8032A1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Vasuri Textiles is U17119GJ1988PTC011323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasuri Textiles has 1 court case on record: 1 filed against it.
Vasuri Textiles was incorporated on 03 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vasuri Textiles by revenue are RSPP Polycoaters Private Limited, Gerafe Knits Private Limited, LKSR Silk Private Limited, MSR Knitwear Private Limited, Dhaneshwar Textiles Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Harjibhai Chhaganbhai Patel was appointed as Director on 24 Mar 1994. Yogeshbhai Nagjibhai Patel was appointed as Director on 24 Mar 1994. Gauriben Nagjibhai Patel was appointed as Director on 23 Mar 1994. Vasuri Textiles has 4 board changes on record in total.
Yes, Vasuri Textiles is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0183618).
The registered office of Vasuri Textiles is at Jariwale Compound Vasta – Devdiroad Katargam, Surat, Gujarat, India.