Binikots (India) Private Limited
About Binikots (India) Private Limited
Data last updated:
Binikots (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 14 September 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1999PTC121740. Its GSTIN is 27AABCB1521F1ZA (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.02 Lakh. It is led by directors including Kashiprasad Madanlal Kanodia (Managing Director) and Ajay Kashiprasad Kanodia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.87 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹14.64 Lakh (net margin -81.9%) and EBITDA of -₹14.62 Lakh (EBITDA margin -81.8%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Binikots (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot 159/1 Cavel Cross Lane No.6, Dr. Viegas Street Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Binikots (India) 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 Binikots (India) 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 Binikots (India) Private Limited, buy the company report.
Financials of Binikots (India) Private Limited
FY 2025 filings availableBinikots (India) Private Limited reported revenue of ₹17.87 Lakh (down 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 75% fall 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 |
|---|---|---|---|---|---|
| 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 | -₹14.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.64 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -81.8% | ||||
| Net Profit Margin | -81.9% | ||||
| 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 Binikots (India) Private Limited, buy the company report.
Board of directors of Binikots (India) Private Limited
Binikots (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kashiprasad Kanodia Also directs: Khetan Silk Mills Private Limited | Director | 01 May 2000 | 26 Years 5 Months | Current |
| Ashish Kashiprasad Kanodia Also directs: Tikautex Silk Mills Private Limited | Director | 07 Apr 2003 | 23 Years 6 Months | Current |
| Kashiprasad Madanlal Kanodia Also directs: Tikautex Silk Mills Private Limited | Managing Director | 14 Sep 1999 | 27 Years 1 Months | Current |
Peer comparison
Binikots (India) Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| V R Embro Private Limited | ₹17.95 Lakh (FY 2017) | -22.0% | Kolkata, West Bengal, India | |||
| Premium Leathers Private Limited | ₹17.93 Lakh (FY 2024) | -12.0% | Kanpur, Uttar Pradesh, India | |||
| Ravi Polygynous Private Limited | ₹17.93 Lakh (FY 2025) | 146.0% | Delhi, India | |||
| Masterg and Daughters Private Limited | ₹17.93 Lakh (FY 2025) | -67.0% | Delhi, India | |||
| Mirt Collection Private Limited | ₹17.89 Lakh (FY 2023) | 664.0% | New Delhi, Delhi, India | |||
| Binikots (India) Private Limitedthis company | ₹17.87 Lakh (FY 2025) | -₹14.64 Lakh | -81.9% | -75.0% | Mumbai, Maharashtra, India | |
| Saraj Garments (OPC) Private Limited | ₹17.85 Lakh (FY 2019) | 775.0% | Krishnanagar, West Bengal, India | |||
| Airon Footgear Private Limited | ₹17.85 Lakh (FY 2016) | -30.0% | Hyderabad, Telangana, India | |||
| Golden Fingers Farmer Producer Company Limited | ₹17.82 Lakh (FY 2021) | Guwahati, Assam, India | ||||
| Cholapur Handloom Weaver Producer Company Limited | ₹17.81 Lakh (FY 2025) | 1589.0% | Varanasi, Uttar Pradesh, India | |||
| Fabkraft Wear Private Limited | ₹17.8 Lakh (FY 2022) | -13.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Binikots (India) Private Limited, buy the company report.
Auditor
Binikots (India) Private Limited is audited by SMMP & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SMMP & ASSOCIATES | FY 2017 | 120438W |
Shareholding
The shareholding of Binikots (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Binikots (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Binikots (India) 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 Binikots (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Binikots (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB1521F1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Binikots (India) Private Limited, buy the company report.
Recent activity
Binikots (India) Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Ashish Kashiprasad Kanodia was appointed as Director on 07 Apr 2003.
Frequently asked questions
Binikots (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 14 September 1999 (27+ years old) and is registered under CIN U18101MH1999PTC121740.
Binikots (India) has 3 current directors:
- Kashiprasad Madanlal Kanodia - Managing Director
- Ajay Kashiprasad Kanodia - Director
- Ashish Kashiprasad Kanodia - Director
The latest financial statements of Binikots (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 2015 are in the company report.
The GSTIN of Binikots (India) is 27AABCB1521F1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Binikots (India) is U18101MH1999PTC121740. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binikots (India) was incorporated on 14 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Binikots (India) by revenue are V R Embro Private Limited, Premium Leathers Private Limited, Ravi Polygynous Private Limited, Masterg and Daughters Private Limited, Mirt Collection Private Limited and 5 more, all in the same principal business activity (textile, leather and other apparel products).
Ashish Kashiprasad Kanodia was appointed as Director on 07 Apr 2003. Ajay Kashiprasad Kanodia was appointed as Director on 01 May 2000. Kashiprasad Madanlal Kanodia was appointed as Managing Director on 14 Sep 1999.
The registered office of Binikots (India) is at Plot 1591 Cavel Cross Lane No.6, Dr. Viegas Street Kalbadevi, Mumbai, Maharashtra, India – 400002.
Binikots (India) operates in the trading industry, in the other wholesale segment.
The compliance status of Binikots (India) is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.