Wavetex Fabrics Pvt Ltd
About Wavetex Fabrics Pvt Ltd
Data last updated:
Wavetex Fabrics Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 31 December 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1992PTC018760. Its GSTIN is 24AAACW1742J2ZF (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Ayushi Vinaykumar Jain and Vivek Vinaykumar Jain.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 162/1 Saijpur Gopalpur Pirana Road Piplaj, Ahmedabad, Gujarat, India – 382405.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.01 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹47.62 Lakh (net margin 1.5%) and EBITDA of ₹68.1 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 24% over five years.
As per MCA filings, the company has satisfied charges of ₹2.07 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address162/1 Saijpur Gopalpur Pirana Road Piplaj, Ahmedabad, Gujarat, India – 382405
- IndustryFashion and Textile, Fashion Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Wavetex Fabrics Pvt Ltd
The main business activity of Wavetex Fabrics is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Wavetex Fabrics Pvt Ltd FY 2024 filings available
Wavetex Fabrics Pvt Ltd reported revenue of ₹31.01 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Wavetex Fabrics Pvt Ltd
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 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 of Wavetex Fabrics Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹68.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹47.62 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 of Wavetex Fabrics Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Wavetex Fabrics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Wavetex Fabrics Pvt Ltd
Wavetex Fabrics Pvt Ltd is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rudreshwar Merchantile Private Limited | ₹31.69 Cr (FY 2021) | •••• | •••• | 12.0% | •••• | Delhi, India |
| Kadambari Textiles Pvt Ltd | ₹31.64 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Kol-700007, West Bengal, India |
| MD Retail India Private Limited | ₹31.33 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| Jassal Impex Private Limited | ₹31.07 Cr (FY 2017) | •••• | •••• | 11.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Rajeshwari Sarees Private Limited | ₹31.04 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Varanasi, Uttar Pradesh, India |
| Wavetex Fabrics Pvt Ltd this company | ₹31.01 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Ahmedabad, Gujarat, India |
| Gravity Clothing Private Limited | ₹30.98 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Kannur Lulu Sarees and Textiles Private Limited | ₹30.94 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Kannur, Kerala, India |
| Integrated Defence Products Private Limited | ₹30.89 Cr (FY 2024) | •••• | •••• | -54.0% | •••• | Kanpur, Uttar Pradesh, India |
| Sabari Stores Private Limited | ₹30.82 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Veppur, Tamil Nadu, India |
| My Store Private Limited | ₹30.76 Cr (FY 2017) | •••• | •••• | -32.0% | •••• | Bhopal, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Wavetex Fabrics by revenue in the Apparel industry (Apparel Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Wavetex Fabrics Pvt Ltd
Wavetex Fabrics Pvt Ltd is audited by R.R.S.&ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.R.S.&ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Wavetex Fabrics Pvt Ltd
Wavetex Fabrics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayushi Vinaykumar Jain Also directs: Vreetika Fashions Private Limited, Wavetex Medichem Private Limited, RLV Organisers Private Limited and 3 more | Director | 01 Mar 2015 | 11 Years 7 Months | Current |
| Vivek Vinaykumar Jain Also directs: Stanza Buildspace LLP, Tirupati Agrotech Private Limited, Vreetika Fashions Private Limited and 5 more | Director | 01 Apr 2004 | 22 Years 6 Months | Current |
| Vinaykumar Roshanlal Jain | Director | 14 Sep 2022 | 4 Years 0 Months | Current |
Ownership and Shareholding of Wavetex Fabrics Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Wavetex Fabrics Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2010 | State Bank of India | ₹1.95 Cr | Satisfied |
| 29 Dec 2004 | Punjab National Bank | ₹8.9 Lakh | Satisfied |
| 17 Mar 2004 | Punjab National Bank | ₹2.84 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Wavetex Fabrics Pvt Ltd
Wavetex Fabrics Pvt Ltd has 5 court cases on record: 2 filed by Wavetex Fabrics, 3 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Vodafone Mobile Services Limited | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Vodafone Mobile Service Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Abad Electaricity Co.Ltd | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Wavetex Fabrics Pvt Ltd
Employment history and EPFO contributions of people linked to Wavetex Fabrics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Wavetex Fabrics Pvt Ltd
Wavetex Fabrics Pvt Ltd has 5 board changes on record since 2004: 4 appointments and 1 cessation. The latest: Vinaykumar Roshanlal Jain was appointed as Director on 14 Sep 2022.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wavetex Fabrics Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Wavetex Fabrics Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Wavetex Fabrics Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Wavetex Fabrics Pvt Ltd
Wavetex Fabrics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACW1742J2ZF | Gujarat | Active | 29 Jan 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Wavetex Fabrics Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wavetex Fabrics Pvt Ltd
Wavetex Fabrics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 31 December 1992 (34+ years old) and is registered under CIN U17110GJ1992PTC018760.
Wavetex Fabrics reported revenue of ₹31.01 Cr for FY 2024 (down 15% YoY).
Wavetex Fabrics has 3 current directors:
- Ayushi Vinaykumar Jain - Director
- Vivek Vinaykumar Jain - Director
- Vinaykumar Roshanlal Jain - Director
Wavetex Fabrics reported a net profit of ₹47.62 Lakh (net margin 1.5%) and EBITDA of ₹68.1 Lakh (EBITDA margin 2.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wavetex Fabrics is -7% over three years and 24% over five years. In the latest year (FY 2024) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wavetex Fabrics is 24AAACW1742J2ZF, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Wavetex Fabrics is U17110GJ1992PTC018760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wavetex Fabrics has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Wavetex Fabrics was incorporated on 31 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Wavetex Fabrics by revenue are Rudreshwar Merchantile Private Limited, Kadambari Textiles Pvt Ltd, MD Retail India Private Limited, Jassal Impex Private Limited, Rajeshwari Sarees Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).
Vinaykumar Roshanlal Jain was appointed as Director on 14 Sep 2022. Abha Vinaykumar Jain ceased to be Director on 17 Apr 2019. Ayushi Vinaykumar Jain was appointed as Director on 01 Mar 2015. Wavetex Fabrics has 5 board changes on record in total.