
Bhagwati Saree Private Limited
About Bhagwati Saree Private Limited
Data last updated:
Bhagwati Saree Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 04 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2012PTC071013. Its GSTIN is 24AAFCB0872R1ZB (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shashikant Mohanlal Deora and Sharda Shashikant Deora.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.64 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹9.18 Lakh (net margin 1%) and EBITDA of ₹47.56 Lakh (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bhagwati Saree Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSy No – 75. Plot – 91/92/93. Wing – D. 2nd Flr Shop – 4401 Raghukul Market Anjana Nr S, Ilk Plazza, Surat, Gujarat, India – 395002
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Bhagwati Saree 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 Bhagwati Saree is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bhagwati Saree Private Limited, buy the company report.
Financials of Bhagwati Saree Private Limited
FY 2025 filings availableBhagwati Saree Private Limited reported revenue of ₹9.64 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA fell 15% 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 |
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| EBITDA | ₹47.56 Lakh | ||||
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| Net Profit (PAT) | ₹9.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Bhagwati Saree Private Limited, buy the company report.
Board of directors of Bhagwati Saree Private Limited
Bhagwati Saree has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikant Mohanlal Deora | Director | 04 Jul 2012 | 14 Years 4 Months | Current |
| Sharda Shashikant Deora | Director | 04 Jul 2012 | 14 Years 4 Months | Current |
| Mohanlal Madanlal Agrwal | Director | 22 Feb 2013 | 13 Years 8 Months | Current |
| Ravi Kant Deora | Director | 22 Feb 2013 | 13 Years 8 Months | Current |
Peer comparison
Bhagwati Saree Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shyam Garments Private Ltd | ₹9.7 Cr (FY 2025) | -20.0% | New Delhi, Delhi, India | |||
| Global Images India Private Ltd | ₹9.67 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Bhagwati Saree Private Limitedthis company | ₹9.64 Cr (FY 2025) | ₹9.18 Lakh | 1% | 6.0% | Surat, Gujarat, India | |
| Regal Dress (India) Private Limited | ₹9.43 Cr (FY 2025) | 165.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Bhagwati Saree Private Limited, buy the company report.
Auditor
Bhagwati Saree Private Limited is audited by S S M U & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S M U & CO | FY 2022 | 119340W |
Shareholding
The shareholding of Bhagwati Saree Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Bhagwati Saree Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bhagwati Saree 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 Bhagwati Saree Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhagwati Saree has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCB0872R1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhagwati Saree Private Limited, buy the company report.
Recent activity
Bhagwati Saree Private Limited has 4 board changes on record since 2012: 4 appointments. The latest: Mohanlal Madanlal Agrwal was appointed as Director on 22 Feb 2013.
Frequently asked questions
Bhagwati Saree is an active private limited company based in Surat, Gujarat, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 04 July 2012 (14+ years old) and is registered under CIN U17120GJ2012PTC071013.
Bhagwati Saree has 4 current directors:
- Shashikant Mohanlal Deora - Director
- Sharda Shashikant Deora - Director
- Mohanlal Madanlal Agrwal - Director
- Ravi Kant Deora - Director
The latest financial statements of Bhagwati Saree 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 Bhagwati Saree is 24AAFCB0872R1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Bhagwati Saree is U17120GJ2012PTC071013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagwati Saree was incorporated on 04 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bhagwati Saree by revenue are Shyam Garments Private Ltd, Global Images India Private Ltd, Regal Dress (India) Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (wholesale trading).
Mohanlal Madanlal Agrwal was appointed as Director on 22 Feb 2013. Ravi Kant Deora was appointed as Director on 22 Feb 2013. Sharda Shashikant Deora was appointed as Director on 04 Jul 2012. Bhagwati Saree has 4 board changes on record in total.
The registered office of Bhagwati Saree is at Sy No – 75. Plot – 919293. Wing – D. 2nd Flr Shop – 4401 Raghukul Market Anjana Nr S, Ilk Plazza, Surat, Gujarat, India – 395002.
Bhagwati Saree operates in the fashion and textile industry, in the designer and branded fashion segment.
The compliance status of Bhagwati Saree is compliant as of 03 July 2026. The company is actively filing with the Registrar of Companies.

