Yug Yarn Private Limited
About Yug Yarn Private Limited
Data last updated:
Yug Yarn 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 19 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17123GJ2014PTC081281. Its GSTIN is 24AAACY7085L2ZT (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kantibahi Laxmanbhai Dhanani and Bharatbhai Jethabhai Mavani.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 6 2nd Floor Heera Panna Building Opp Gitanjali Petrol Pump Varachha Road, Surat, Gujarat, India – 395006.
As per the financials filed for FY 2017, the company reported a revenue of ₹89.37 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹13.1 Lakh (net margin -14.7%) and EBITDA of ₹17.79 Lakh (EBITDA margin 19.9%).
As per MCA filings, the company has open charges of ₹2.99 Cr on record. Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Yug Yarn Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address6 2nd Floor Heera Panna Building Opp Gitanjali Petrol Pump Varachha Road, Surat, Gujarat, India – 395006
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Yug Yarn Private Limited, buy the company report.
- 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
Business activity
The main business activity of Yug Yarn 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 Yug Yarn Private Limited, buy the company report.
Financials of Yug Yarn Private Limited
FY 2017 filings availableYug Yarn Private Limited reported revenue of ₹89.37 Lakh (down 21% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year. EBITDA fell 74% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹89.37 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹17.79 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13.1 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 19.9% | ||
| Net Profit Margin | -14.7% | ||
| 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 Yug Yarn Private Limited, buy the company report.
Board of directors of Yug Yarn Private Limited
Yug Yarn has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kantibahi Laxmanbhai Dhanani | Director | 19 Nov 2014 | 11 Years 11 Months | Current |
| Bharatbhai Jethabhai Mavani | Director | 19 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
Yug Yarn Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Jindal Woollen Industries Limited. | ₹89.49 Lakh (FY 2025) | -94.0% | New Delhi, Delhi, India | |||
| Styleho Fashion Private Limited | ₹89.43 Lakh (FY 2025) | 20.0% | Bhubaneswar, Odisha, India | |||
| Yug Yarn Private Limitedthis company | ₹89.37 Lakh (FY 2017) | -₹13.1 Lakh | -14.7% | -21.0% | Surat, Gujarat, India | |
| Space Star Exports Private Limited | ₹89.34 Lakh (FY 2025) | 12.0% | Bhilwara, Rajasthan, India | |||
| Grover Knitters Private Limited | ₹89.23 Lakh (FY 2025) | -49.0% | Amritsar, Punjab, India |
To see the full peer comparison of Yug Yarn Private Limited, buy the company report.
Auditor
Yug Yarn Private Limited is audited by KESUR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KESUR & ASSOCIATES | FY 2017 | 133470W |
Shareholding
The shareholding of Yug Yarn Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Yug Yarn Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jan 2015 | 10561771 | The Nasik Merchant Co.Op. Bank Limited | ₹2.99 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Yug Yarn Private Limited has 13 court cases on record: 4 filed by Yug Yarn, 9 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 9 | 4 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by Angan Textile Pvt Ltd Through Its Director Ghanshymbhai Nagjibhai Chothani | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by Ghanshyambhai Nagjibhai Chothani Director of Angan Textile Pvt Ltd | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by The Nashik Merchant Co Op Bank Ltd. Nashik | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by Asmitaben Bharatbhai Chothani Prop. of Bhumi Textiles | Disposed |
To see the full case history of Yug Yarn 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
No delayed payments to MSME suppliers are on our record for Yug Yarn Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Yug Yarn has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACY7085L2ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Yug Yarn Private Limited, buy the company report.
Recent activity
Yug Yarn Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Bharatbhai Jethabhai Mavani was appointed as Director on 19 Nov 2014.
Frequently asked questions
Yug Yarn 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 19 November 2014 (12+ years old) and is registered under CIN U17123GJ2014PTC081281.
Yug Yarn has 2 current directors:
- Kantibahi Laxmanbhai Dhanani - Director
- Bharatbhai Jethabhai Mavani - Director
The latest financial statements of Yug Yarn on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Yug Yarn is 24AAACY7085L2ZT, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Yug Yarn is U17123GJ2014PTC081281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yug Yarn has 13 court cases on record: 4 filed by the company and 9 filed against it. 4 are pending.
Yug Yarn was incorporated on 19 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Yug Yarn by revenue are Jindal Woollen Industries Limited, Styleho Fashion Private Limited, Space Star Exports Private Limited, Grover Knitters Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Bharatbhai Jethabhai Mavani was appointed as Director on 19 Nov 2014. Kantibahi Laxmanbhai Dhanani was appointed as Director on 19 Nov 2014.
The registered office of Yug Yarn is at 6 2nd Floor Heera Panna Building Opp Gitanjali Petrol Pump Varachha Road, Surat, Gujarat, India – 395006.
Yug Yarn operates in the manufacturing industry, in the textile and fabric production segment.
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