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Akshar Spintex Limited
Akshar Spintex Limited began operations in 2013 and has been in business for 13 years. The company’s Corporate Identification Number is L17291GJ2013PLC075677; registration no. 75677. It is officially registered under the category of company limited by shares. Authorized share capital stands at ₹82.00 crore. Its paid up capital is ₹78.75 crore.
Mainly engaged in manufacture of other textiles. This entity is registered in Ahmedabad, India. It is incorporated at Revenue Survey No.102/2 Paiki, Plot No. - 2 Village: Haripar , Ranuja Road. Tal: Ka, Lavad., Jamnagar, Jamnagar, Gujarat, India, 361013. Currently, the company’s operational status is active. The company’s Legal Entity Identifier (LEI) code is 335800TSSBJ5P53K2972. The company’s official contact email is cs@aksharspintex.in. The company’s top executive team comprises Poonam Pratik Kapupara (CFO).
Company Overview
- CIN
- Date of Incorporation
- 19/06/2013
- Company Status
- Active
- RoC
- Ahmedabad
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹82,00,00,000.00
- Paid up Capital
- ₹78,74,68,500.00
- Activity
- Manufacture of other textiles
- cs@aksharspintex.in
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Gujarat | 24AALCA7373E1ZN | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| INE256Z01025 | AKSHAR SPINTEX LIMITED EQ NEW FV RE 1/- | - | 28/04/2026 | AKSHAR SPINTEX/SH VTG | ESVUFN |
| IN8256Z01024 | AKSHAR SPINTEX LIMITED EQ NEW FV RE 1/- LISTING/TRDG APRVL AWAITED | - | 28/04/2026 | AKSHAR SPINTEX/SH VTG | ESVUFN |
| INE256Z20017 | AKSHAR SPINTEX LIMITED REs - EQ RE. 1/- | - | 28/04/2026 | AKSHAR SPINTEX/ENTL RT | RSSXXN |
Balance Sheet
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 |
|---|---|---|---|---|---|
| Total Non Current Liabilities Net Minority Interest | ₹407.15L | ₹958.78L | ₹841.84L | ₹1,292.93L | ₹0.00L |
| Accumulated Depreciation | -₹4,172.81L | -₹3,715.66L | -₹3,282.09L | -₹2,855.13L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹990.15L | ₹2,997.47L | ₹3,579.91L | ₹4,964.57L | ₹0.00L |
| Tangible Book Value | ₹8,821.16L | ₹4,388.34L | ₹4,064.15L | ₹4,323.36L | ₹0.00L |
| Long Term Debt | ₹387.46L | ₹898.77L | ₹831.20L | ₹1,158.84L | ₹0.00L |
| Long Term Provisions | ₹19.70L | ₹14.11L | ₹10.64L | ₹24.55L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹206.66L | ₹999.22L | ₹936.23L | ₹1,405.77L | ₹0.00L |
| Total Assets | ₹9,811.31L | ₹7,385.81L | ₹7,644.06L | ₹9,287.93L | ₹0.00L |
| Machinery Furniture Equipment | ₹6,713.23L | ₹6,481.71L | ₹6,030.75L | ₹6,009.51L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹8,821.16L | ₹4,388.34L | ₹4,064.15L | ₹4,323.36L | ₹0.00L |
| Gross PPE | ₹7,893.26L | ₹7,659.88L | ₹7,198.65L | ₹7,176.31L | ₹0.00L |
| Common Stock | ₹7,874.68L | ₹2,999.88L | ₹2,499.90L | ₹2,499.90L | ₹0.00L |
| Total Capitalization | ₹9,208.62L | ₹5,287.11L | ₹4,895.35L | ₹5,482.20L | ₹0.00L |
| Total Debt | ₹594.12L | ₹1,897.99L | ₹1,767.43L | ₹2,564.61L | ₹0.00L |
| Other Equity Interest | ₹946.47L | ₹1,388.46L | ₹1,564.25L | ₹0.00L | ₹0.00L |
| Other Non Current Liabilities | -₹0.01L | -₹0.01L | ₹0.00L | ₹0.01L | ₹0.01L |
| Capital Stock | ₹7,874.68L | ₹2,999.88L | ₹2,499.90L | ₹2,499.90L | ₹0.00L |
| Additional Paid In Capital | ₹299.70L | ₹299.70L | ₹299.70L | ₹299.70L | ₹0.00L |
| Total Non Current Assets | ₹4,031.04L | ₹4,167.76L | ₹4,048.63L | ₹4,404.53L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹234.91L | ₹0.53L | ₹1.74L | ₹5.00L | ₹0.00L |
| Invested Capital | ₹9,415.28L | ₹6,286.33L | ₹5,831.58L | ₹6,887.97L | ₹0.00L |
| Net Tangible Assets | ₹8,821.16L | ₹4,388.34L | ₹4,064.15L | ₹4,323.36L | ₹0.00L |
| Cash And Cash Equivalents | ₹3.21L | ₹0.53L | ₹1.74L | ₹5.00L | ₹0.00L |
| Prepaid Assets | ₹223.02L | ₹28.92L | ₹414.08L | ₹1,081.50L | ₹0.00L |
| Stockholders Equity | ₹8,821.16L | ₹4,388.34L | ₹4,064.15L | ₹4,323.36L | ₹0.00L |
| Other Short Term Investments | ₹231.70L | ₹0.45L | ₹0.00L | ₹0.00L | ₹0.00L |
| Share Issued | ₹7,874.69L | ₹4,537.95L | ₹4,537.95L | ₹4,537.95L | ₹0.00L |
| Current Assets | ₹5,780.27L | ₹3,218.05L | ₹3,595.43L | ₹4,883.40L | ₹0.00L |
| Working Capital | ₹5,197.27L | ₹1,179.36L | ₹857.36L | ₹1,211.76L | ₹0.00L |
| Net Debt | ₹590.91L | ₹1,897.46L | ₹1,765.69L | ₹2,559.61L | ₹0.00L |
| Current Debt | ₹206.66L | ₹999.22L | ₹936.23L | ₹1,405.77L | ₹0.00L |
| Ordinary Shares Number | ₹7,874.69L | ₹4,537.95L | ₹4,537.95L | ₹4,537.95L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹387.46L | ₹898.77L | ₹831.20L | ₹1,158.84L | ₹0.00L |
| Current Liabilities | ₹583.00L | ₹2,038.69L | ₹2,738.07L | ₹3,671.64L | ₹0.00L |
| Net PPE | ₹3,720.45L | ₹3,944.22L | ₹3,916.56L | ₹4,321.18L | ₹0.00L |
| Retained Earnings | ₹601.56L | ₹1,046.37L | ₹1,225.84L | ₹1,502.27L | ₹0.00L |
| Construction In Progress | ₹0.00L | ₹0.00L | ₹0.13L | ₹0.00L | ₹0.00L |
| Other Non Current Assets | ₹0.01L | -₹0.01L | ₹0.01L | -₹0.01L | ₹0.00L |
| Common Stock Equity | ₹8,821.16L | ₹4,388.34L | ₹4,064.15L | ₹4,323.36L | ₹0.00L |
| Inventory | ₹4,274.02L | ₹2,410.23L | ₹1,737.68L | ₹3,318.23L | ₹0.00L |
| Other Properties | ₹3,720.46L | ₹3,944.22L | ₹3,916.44L | ₹4,321.17L | ₹0.00L |
Cash Flow
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|
| Changes In Cash | ₹278.94L | -₹0.76L | -₹3.26L | -₹3.89L |
| Financing Cash Flow | ₹3,461.98L | -₹27.42L | -₹968.91L | -₹200.82L |
| Investing Cash Flow | -₹225.88L | -₹450.47L | -₹17.98L | -₹95.41L |
| Free Cash Flow | -₹3,208.11L | ₹15.71L | ₹961.26L | ₹153.04L |
| End Cash Position | ₹279.93L | ₹0.98L | ₹1.74L | ₹5.00L |
| Other Cash Adjustment Outside Changein Cash | ₹0.01L | -₹0.01L | ₹0.01L | ₹0.00L |
| Capital Expenditure | -₹250.95L | -₹461.42L | -₹22.37L | -₹139.30L |
| Beginning Cash Position | ₹0.98L | ₹1.74L | ₹5.00L | ₹8.89L |
| Operating Cash Flow | -₹2,957.16L | ₹477.13L | ₹983.63L | ₹292.34L |
| Issuance Of Capital Stock | ₹4,874.80L | ₹0.00L | ₹0.00L | ₹0.00L |
Income Statement
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|
| Rent Expense Supplemental | ₹3.91L | ₹0.00L | ₹0.00L | ₹3.60L |
| Net Income Discontinuous Operations | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | -₹444.81L | ₹345.51L | -₹276.43L | ₹702.36L |
| Basic EPS | -₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
| EBITDA | -₹14.92L | ₹1,066.01L | ₹174.41L | ₹1,629.03L |
| Operating Revenue | ₹11,676.91L | ₹17,495.51L | ₹13,655.54L | ₹17,251.94L |
| Total Expenses | ₹12,164.45L | ₹16,853.18L | ₹13,894.06L | ₹16,034.41L |
| Total Unusual Items | -₹0.36L | -₹15.66L | -₹0.25L | -₹1.63L |
| Tax Effect Of Unusual Items | -₹0.09L | -₹4.87L | -₹0.09L | -₹0.45L |
| Total Unusual Items Excluding Goodwill | -₹0.36L | -₹15.66L | -₹0.25L | -₹1.63L |
| Interest Income Non Operating | ₹15.07L | ₹10.95L | ₹5.46L | ₹6.48L |
| Interest Income | ₹15.07L | ₹10.95L | ₹5.46L | ₹6.48L |
| Interest Expense Non Operating | ₹108.95L | ₹130.84L | ₹166.44L | ₹241.59L |
| General And Administrative Expense | ₹42.94L | ₹73.95L | ₹30.55L | ₹32.23L |
| Net Income From Continuing And Discontinued Operation | -₹444.81L | ₹345.51L | -₹276.43L | ₹702.36L |
| Reconciled Depreciation | ₹463.89L | ₹433.57L | ₹426.97L | ₹421.19L |
| Net Income Continuous Operations | -₹444.81L | ₹345.51L | -₹276.43L | ₹702.36L |
| Reconciled Cost Of Revenue | ₹11,201.35L | ₹16,057.07L | ₹12,973.37L | ₹15,009.82L |
| Operating Income | -₹487.54L | ₹642.33L | -₹238.52L | ₹1,217.53L |
| Net Income | -₹444.81L | ₹345.51L | -₹276.43L | ₹702.36L |
| Diluted Average Shares | ₹5,350.47L | ₹4,537.95L | ₹4,537.95L | ₹4,537.95L |
| Selling And Marketing Expense | ₹7.36L | ₹15.37L | ₹28.99L | ₹51.41L |
| Total Other Finance Cost | ₹5.94L | ₹5.16L | ₹19.24L | ₹16.22L |
| Normalized Income | -₹444.54L | ₹356.30L | -₹276.27L | ₹703.54L |
| Net Non Operating Interest Income Expense | -₹99.82L | -₹125.05L | -₹180.22L | -₹251.33L |
| Gross Profit | ₹475.56L | ₹1,438.44L | ₹682.17L | ₹2,242.12L |
| EBIT | -₹478.81L | ₹632.44L | -₹252.56L | ₹1,207.84L |
| Diluted NIAvailto Com Stockholders | -₹444.81L | ₹345.51L | -₹276.43L | ₹702.36L |
| Cost Of Revenue | ₹11,201.35L | ₹16,057.07L | ₹12,973.37L | ₹15,009.82L |
| Net Interest Income | -₹99.82L | -₹125.05L | -₹180.22L | -₹251.33L |
| Operating Expense | ₹963.10L | ₹796.11L | ₹920.69L | ₹1,024.59L |
| Normalized EBITDA | -₹14.56L | ₹1,081.67L | ₹174.66L | ₹1,630.66L |
| Net Income Common Stockholders | -₹444.81L | ₹345.51L | -₹276.43L | ₹702.36L |
| Pretax Income | -₹587.76L | ₹501.60L | -₹419.00L | ₹966.25L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Selling General And Administration | ₹50.30L | ₹89.32L | ₹59.54L | ₹83.64L |
| Total Revenue | ₹11,676.91L | ₹17,495.51L | ₹13,655.54L | ₹17,251.94L |
| Other Operating Expenses | ₹118.10L | ₹77.55L | ₹163.00L | ₹97.77L |
| Diluted EPS | -₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
| Interest Expense | ₹108.95L | ₹130.84L | ₹166.44L | ₹241.59L |
| Basic Average Shares | ₹5,350.47L | ₹4,537.95L | ₹4,537.95L | ₹4,537.95L |
| Net Income Including Noncontrolling Interests | -₹444.81L | ₹345.51L | -₹276.43L | ₹702.36L |
| Tax Provision | -₹142.95L | ₹156.09L | -₹142.56L | ₹263.90L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
Company Performance (FY22–FY25)
₹175.0 Cr₹131.2 Cr₹87.5 Cr₹43.7 Cr₹0
FY22FY23FY24FY25
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 19/06/2013 | Amit Vallabhbhai Gadhiya | 06604671 | Managing Director | View other directorships |
| 16/08/2016 | Ilaben Dineshbhai Paghdar | 07591339 | Director | View other directorships |
| 17/01/2017 | Harikrushna Shamjibhai Chauhan | 07710106 | Whole-time director | View other directorships |
| 17/01/2018 | Nirala Indubhai Joshi | 08055148 | Director | View other directorships |
| 14/03/2018 | Rohit Bhanjibhai Dobariya | 08085331 | Director | View other directorships |
| 23/08/2021 | Parshotam L Vasoya | 09229252 | Director | View other directorships |
| 26/02/2024 | Poonam Pratik Kapupara | *****8014D | CFO |
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 01/12/2024 | Form MGT-7-26112024 | - |
| 17/10/2024 | Form AOC-4(XBRL)-16102024 | - |
| 30/03/2024 | Form Addendum to AOC-4 CSR-30032024 | - |
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Address
Revenue Survey No.102/2 Paiki, Plot No. - 2 Village: Haripar , Ranuja Road. Tal: Ka, Lavad., Jamnagar, Jamnagar, Gujarat, India, 361013
Frequently Asked Questions
What is the incorporation date of Akshar Spintex Limited?
The incorporation date of Akshar Spintex Limited is 19/06/2013.
What is the authorized share capital and paid-up capital of Akshar Spintex Limited?
The authorized share capital of Akshar Spintex Limited is ₹82,00,00,000.00. The paid-up capital is ₹78,74,68,500.00.
Who are the current board members & directors of Akshar Spintex Limited?
The current board member of Akshar Spintex Limited are:
- Amit Vallabhbhai Gadhiya
- Nirala Indubhai Joshi
- Harikrushna Shamjibhai Chauhan
- Ilaben Dineshbhai Paghdar
- Rohit Bhanjibhai Dobariya
- Parshotam L Vasoya
What is the registered address of Akshar Spintex Limited?
The registered address of Akshar Spintex Limited is Revenue Survey No.102/2 Paiki, Plot No. - 2 Village: Haripar , Ranuja Road. Tal: Ka, Lavad., Jamnagar, Jamnagar, Gujarat, India, 361013.
What is the Corporate Identification Number of Akshar Spintex Limited?
The Corporate Identification Number of Akshar Spintex Limited is L17291GJ2013PLC075677.