MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0057511
Vikas Fashions Private Limited - fashion and textile in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹47.48 Cr
▲ 3% YoY
Net profit · FY 2025
₹47.77 Lakh
Net margin 1%
EBITDA · FY 2025
₹2.93 Cr
EBITDA margin 6.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.14 Cr
Issued & subscribed
Open charges
₹12.42 Cr
Satisfied ₹8.6 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
50
Provident fund records
About Vikas Fashions Private Limited
Data last updated:
Vikas Fashions Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 01 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17166GJ2003PTC042997. Its GSTIN is 24AABCV7521K1Z9 (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.14 Cr. It was formerly known as Vikash Fashions Private Limited. It is led by directors Vinod Kumar Jain and Vikas Kumar Jain.
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. B – 3033 – 34 1st Floor Millennium Textile Market Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.48 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹47.77 Lakh (net margin 1%) and EBITDA of ₹2.93 Cr (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Fabric Depot and Vikas Fashion. As per MCA filings, the company has open charges of ₹12.42 Cr and satisfied charges of ₹8.6 Cr on record.
Vikas Fashions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0057511). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikasfashion.com.
Company details
CIN U17166GJ2003PTC042997
Registration Number 042997
Incorporation Date 01 October 2003
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 Medium
Udyam Registration UDYAM-GJ-22-0057511
Recognitions & Rankings of Vikas Fashions
Contact details
Vikas Fashions Private Limited's registered office is in Surat, Gujarat. Its website is vikasfashion.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. B – 3033 – 34 1st Floor Millennium Textile Market Ring Road, Surat, Gujarat, India – 395002
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of Vikas Fashions Private Limited, buy the company report.
Comprehensive company report
Vikas Fashions 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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Brands
Vikas Fashions operates two associated brands: Fabric Depot and Vikas Fashion. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fabric supply, including plain, printed, and dyeable options, is managed by Fabric Depot in India. | fabricdepot.in | |
| Fashion website requiring JavaScript for access and operations. | vikasfashion.com |
Business activity
The main business activity of Vikas Fashions 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 Vikas Fashions Private Limited, buy the company report.
Financials of Vikas Fashions Private Limited
FY 2025 filings availableVikas Fashions Private Limited reported revenue of ₹47.48 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹47.48 Cr ▲ 3%
Net profit · FY 2025
₹47.77 Lakh margin 1%
EBITDA · FY 2025
₹2.93 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 5%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 15%
5 years · compounded
▲ 3%
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 1% 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 | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47.77 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Vikas Fashions Private Limited, buy the company report.
Board of directors of Vikas Fashions Private Limited
Vikas Fashions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Kumar Jain Also directs: Jainson Silk Mills Private Limited, Vinesh Silk Mills Private Limited, Prashasti Fintrade Private Limited and 1 more | Director | 27 Dec 2021 | 4 Years 10 Months | Current |
| Vikas Kumar Jain | Director | 03 Mar 2015 | 11 Years 8 Months | Current |
Peer comparison
Vikas Fashions Private Limited is compared with the 8 companies closest to it by revenue in the Apparel industry (Ethnic Wear, 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 |
|---|---|---|---|---|---|---|
| Kamdhenu Cotton and Spinning Mills Private Limited | ₹47.6 Cr (FY 2025) | -3.0% | Ludhiana, Punjab, India | |||
| Carreman Silvercrest Clothing (India) Private Limited | ₹47.58 Cr (FY 2025) | 26.0% | Bangalore, Karnataka, India | |||
| Mahesh Textile Processors Pvt Ltd | ₹47.58 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Muskan Loomtex Private Limited | ₹47.56 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Dhanurdhar Processors Private Limited | ₹47.55 Cr (FY 2024) | -20.0% | Jolva, Gujarat, India | |||
| Vikas Fashions Private Limitedthis company | ₹47.48 Cr (FY 2025) | ₹47.77 Lakh | 1% | 3.0% | 50 | Surat, Gujarat, India |
| Shri Choudesvari Silks Private Limited | ₹47.48 Cr (FY 2024) | -3.0% | Hyderabad, Telangana, India | |||
| Khurana Textile Mills Private Limited | ₹47.47 Cr (FY 2024) | -1.0% | Mumbai, Maharashtra, India | |||
| Jagannath Jute Products Private Limited | ₹47.45 Cr (FY 2025) | -3.0% | Gazole, West Bengal, India |
To see the full peer comparison of Vikas Fashions Private Limited, buy the company report.
Auditor
Vikas Fashions Private Limited is audited by JAIN SURESHKUMAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN SURESHKUMAR & CO | FY 2023 | 032251 |
Shareholding
The shareholding of Vikas Fashions 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 Vikas Fashions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.42 Cr
Satisfied charges
₹8.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Mar 2022 | 100570572 | Others | ₹12.42 Cr | Open | |
| 26 Dec 2014 | 10539535 | Others | ₹8.6 Cr | Satisfied |
To see the full charge records of Vikas Fashions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Vikas Fashions Private Limited 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 Vikas Fashions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vikas Fashions Private Limited has a workforce of 50 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
Employee growth
-39.76%
GST
Vikas Fashions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCV7521K1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vikas Fashions Private Limited, buy the company report.
Recent activity
Vikas Fashions Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Vinod Kumar Jain ceased to be Additional Director on 30 Sep 2022.
AGM
Vikas Fashions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vikas Fashions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 12.42 Cr registered on 02 Mar 2022 with Charge ID 100570572 was modified on 24 Jan 2025.
Ceased
Vinod Kumar Jain ceased to be Additional Director.
Ceased
Prashant Jain ceased to be Director.
Charges
A charge with Others amounted to Rs. 12.42 Cr with Charge ID 100570572 was registered on 02 Mar 2022.
Appointed
Vinod Kumar Jain was appointed as Director.
Charges
A charge registered on 26 Dec 2014 via Charge ID 10539535 with Others was fully satisfied on 17 Nov 2021.
Charges
A charge with Others of Rs. 8.60 Cr registered on 26 Dec 2014 with Charge ID 10539535 was modified on 12 Mar 2018.
Ceased
Vikas Kumar Jain ceased to be Additional Director.
Ceased
Shreyans Jain ceased to be Director.
Appointed
Vikas Kumar Jain was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Vikas Fashions is an active private limited company based in Surat, Gujarat, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 01 October 2003 (23+ years old) and is registered under CIN U17166GJ2003PTC042997.
Vikas Fashions has 2 current directors:
- Vinod Kumar Jain - Director
- Vikas Kumar Jain - Director
The latest financial statements of Vikas Fashions 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 Vikas Fashions is 24AABCV7521K1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Vikas Fashions is U17166GJ2003PTC042997. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Fashions was incorporated on 01 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vikas Fashions by revenue are Kamdhenu Cotton and Spinning Mills Private Limited, Carreman Silvercrest Clothing (India) Private Limited, Mahesh Textile Processors Pvt Ltd, Muskan Loomtex Private Limited, Dhanurdhar Processors Private Limited and 3 more, all in the Apparel industry (Ethnic Wear, Textiles), with the same principal business activity (textile, leather and other apparel products).
Vinod Kumar Jain ceased to be Additional Director on 30 Sep 2022. Prashant Jain ceased to be Director on 28 Apr 2022. Vinod Kumar Jain was appointed as Director on 27 Dec 2021. Vikas Fashions has 6 board changes on record in total.
Yes, Vikas Fashions is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0057511).
Vikas Fashions can be reached through the website vikasfashion.com. Its registered office is in Surat, Gujarat, India.
The registered office of Vikas Fashions is at Shop No. B – 3033 – 34 1st Floor Millennium Textile Market Ring Road, Surat, Gujarat, India – 395002.
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