Basic Garments Fashion India Private Limited

Basic Garments Fashion India Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51909MH2016PTC285889 Incorporated 15 September 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods
Revenue · FY 2025
₹61.42 Lakh
▲ 181.75% YoY
Net loss · FY 2025
₹2.48 Lakh
Net margin -4%
EBITDA · FY 2025
-₹2.48 Lakh
EBITDA margin -4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Basic Garments Fashion India Private Limited

Data last updated:

Basic Garments Fashion India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 15 September 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2016PTC285889. Its GSTIN is 27AAGCB9860N1ZY (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Devang Bhupendra Juthani and Fahed Haneef Sandi.

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 214 2nd Floor Milan Shopping Centre Milan Subway Road Santacruz (West), Mumbai, Maharashtra, India – 400054.

As per the financials filed for FY 2025, the company reported a revenue of ₹61.42 Lakh. For the same year it recorded a net loss of ₹2.48 Lakh (net margin -4%) and EBITDA of -₹2.48 Lakh (EBITDA margin -4%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 38% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51909MH2016PTC285889
Registration Number 285889
Incorporation Date 15 September 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Basic Garments Fashion India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    214 2nd Floor Milan Shopping Centre Milan Subway Road Santacruz (West), Mumbai, Maharashtra, India – 400054
  • Industry
    Consumer Goods, Footwear Retail & Distribution

To see the full contact details of Basic Garments Fashion India Private Limited, buy the company report.

Comprehensive company report
Basic Garments Fashion India 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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Business activity

The main business activity of Basic Garments Fashion India is manufacturing. In detail, this covers manufacture of textiles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing13Manufacture of textiles

To see the full business activity and turnover split of Basic Garments Fashion India Private Limited, buy the company report.

Financials of Basic Garments Fashion India Private Limited

FY 2025 filings available

Basic Garments Fashion India Private Limited reported revenue of ₹61.42 Lakh for FY 2025.

Revenue · FY 2025
₹61.42 Lakh
Net loss · FY 2025
₹2.48 Lakh margin -4%
EBITDA · FY 2025
-₹2.48 Lakh margin -4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 49%
5 years · compounded
▼ 38%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▼ 39%
5 years · compounded
▼ 20%

Revenue has declined at a compounded annual rate (CAGR) of 38% over five years. EBITDA rose 63% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹2.48 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.48 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-4%
Net Profit Margin-4%
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 Basic Garments Fashion India Private Limited, buy the company report.

Board of directors of Basic Garments Fashion India Private Limited

Basic Garments Fashion India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Devang Bhupendra JuthaniDirector15 Sep 201610 Years 1 MonthsCurrent
Fahed Haneef SandiDirector21 Jan 20251 Years 9 MonthsCurrent
Shakeel Ahmed Abdul Jabbar ShaikhDirector28 Jan 20251 Years 9 MonthsCurrent

Auditor

Basic Garments Fashion India Private Limited is audited by R P M G AND ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
R P M G AND ASSOCIATESFY 2019015428C

Shareholding

The shareholding of Basic Garments Fashion India Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Basic Garments Fashion India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Basic Garments Fashion India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Basic Garments Fashion India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAGCB9860N1ZYMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Basic Garments Fashion India Private Limited, buy the company report.

Recent activity

Basic Garments Fashion India Private Limited has 8 board changes on record since 2016: 3 appointments and 5 cessations. The latest: Fahed Haneef Sandi ceased to be Additional Director on 29 Sep 2025.

AGM
Basic Garments Fashion India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Fahed Haneef Sandi ceased to be Additional Director.
Ceased
Shakeel Ahmed Abdul Jabbar Shaikh ceased to be Additional Director.
Filing
Basic Garments Fashion India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Hetan Ram Gangwani ceased to be Director.
Appointed
Shakeel Ahmed Abdul Jabbar Shaikh was appointed as Director.
Appointed
Fahed Haneef Sandi was appointed as Director.
Ceased
Yash Gangwani Ram ceased to be Director.
Ceased
Devang Bhupendra Juthani ceased to be Director.
Appointed
Devang Bhupendra Juthani was appointed as Director.
Incorporation
15 Sep 2016
Basic Garments Fashion India Private Limited was registered on 15 Sep 2016 with Roc Mumbai & aged 10 years 2 months as per MCA records.

Frequently asked questions

Basic Garments Fashion India is an active private limited company based in Mumbai, Maharashtra, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 15 September 2016 (10+ years old) and is registered under CIN U51909MH2016PTC285889.

Basic Garments Fashion India has 3 current directors:

The latest financial statements of Basic Garments Fashion India 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 FY 2017 are in the company report.

The GSTIN of Basic Garments Fashion India is 27AAGCB9860N1ZY, registered in Maharashtra.

The CIN (Corporate Identification Number) of Basic Garments Fashion India is U51909MH2016PTC285889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Basic Garments Fashion India was incorporated on 15 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

Fahed Haneef Sandi ceased to be Additional Director on 29 Sep 2025. Shakeel Ahmed Abdul Jabbar Shaikh ceased to be Additional Director on 29 Sep 2025. Hetan Ram Gangwani ceased to be Director on 28 Jan 2025. Basic Garments Fashion India has 8 board changes on record in total.

The registered office of Basic Garments Fashion India is at 214 2nd Floor Milan Shopping Centre Milan Subway Road Santacruz West, Mumbai, Maharashtra, India – 400054.

Basic Garments Fashion India operates in the consumer goods industry, in the footwear retail and distribution segment.

The compliance status of Basic Garments Fashion India is compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.