
About Dwarikesh Trading Company Limited
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Dwarikesh Trading Company Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 26 September 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46309MH1981PLC131588. Its GSTIN is 27AABCD8270H1ZK (Maharashtra). The company holds 9 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7.55 Cr and a paid-up capital of ₹4.59 Cr. It is led by directors including Smriti Gautam Morarka (Managing Director) and Pranay Gautam Morarka.
Its last annual general meeting (AGM) was held on 16 May 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 613 Maker Chambers V 221 Nariman Point Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2026, the company reported a revenue of ₹5.43 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹2.3 Cr (net margin 42.4%) and EBITDA of ₹2.13 Cr (EBITDA margin 39.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 26% over five years.
The company is associated with 1 brand: Dwarikesh Sugar Industries. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dwarikesh.com.
Company details
CIN history
Dwarikesh Trading Company has one previous CIN (Corporate Identification Number): U51909MH1981PLC131588. The current CIN is U46309MH1981PLC131588, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46309MH1981PLC131588 | Current |
| U51909MH1981PLC131588 | Previous |
Contact details
Dwarikesh Trading Company Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address613 Maker Chambers V 221 Nariman Point Mumbai, Maharashtra, India – 400021
- IndustryFashion and Textile, Fashion Retail
- 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
Brands
Dwarikesh Trading Company operates one associated brand: Dwarikesh Sugar Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sugar, alcohol, and power are produced from sugarcane byproducts. | dwarikesh.com |
Business activity
The main business activities of Dwarikesh Trading Company are wholesale and retail trade; repair of motor vehicles and motorcycles and financial and insurance service. In detail, this covers retail trade, except of motor vehicles and motorcycles and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Dwarikesh Trading Company Limited, buy the company report.
Financials of Dwarikesh Trading Company Limited
FY 2026 filings availableDwarikesh Trading Company Limited reported revenue of ₹5.43 Cr (down 65% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 65% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 84% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.43 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.3 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.3% | ||||
| Net Profit Margin | 42.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Dwarikesh Trading Company Limited, buy the company report.
Board of directors of Dwarikesh Trading Company Limited
Dwarikesh Trading Company has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranay Gautam Morarka Also directs: Morarka Finance Limited, Dwarikesh Informatics Limited | Director | 13 Apr 2022 | 4 Years 7 Months | Current |
| Priyanka Gautam Morarka Also directs: Dwarikesh Sugar Industries Limited, Morarka Finance Limited, Dwarikesh Informatics Limited and 1 more | Director | 15 Sep 2008 | 18 Years 1 Months | Current |
| Kalluri Savitha Rao Also directs: Dwarikesh Agriculture Research Institute | Director | 13 Oct 2000 | 26 Years 1 Months | Current |
| Gautam Radheshyam Morarka Also directs: Dwarikesh Sugar Industries Limited, Morarka Finance Limited, Morarka Trading Private Limited and 2 more | Director | 12 Nov 2001 | 25 Years 0 Months | Current |
| Smriti Gautam Morarka Also directs: Morarka Trading Private Limited | Managing Director | 11 May 1989 | 37 Years 6 Months | Current |
| Balkishan Jawarilal Maheshwari Also directs: Dwarikesh Sugar Industries Limited, Dwarikesh Informatics Limited, Morarka Trading Private Limited and 2 more | Director | 30 Jul 2024 | 2 Years 3 Months | Current |
Legal cases
Dwarikesh Trading Company Limited has 1 court case on record: 1 filed by Dwarikesh Trading Company. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed by the company against The Asst.Commissioner and Anr | Disposed |
To see the full case history of Dwarikesh Trading Company 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 Dwarikesh Trading Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dwarikesh Trading Company has 9 GST registrations: 1 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD8270H1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dwarikesh Trading Company Limited, buy the company report.
Recent activity
Dwarikesh Trading Company Limited has 10 board changes on record since 1989: 6 appointments and 4 cessations. The latest: Balkishan Jawarilal Maheshwari ceased to be Additional Director on 23 Jul 2025.
1 earlier event is in the company report.
News
Frequently asked questions
Dwarikesh Trading Company is an active public limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 26 September 1981 (45+ years old) and is registered under CIN U46309MH1981PLC131588.
Dwarikesh Trading Company has 6 current directors:
- Smriti Gautam Morarka - Managing Director
- Pranay Gautam Morarka - Director
- Priyanka Gautam Morarka - Director
- Kalluri Savitha Rao - Director
- Gautam Radheshyam Morarka - Director
- Balkishan Jawarilal Maheshwari - Director
The latest financial statements of Dwarikesh Trading Company on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 May 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Dwarikesh Trading Company is 27AABCD8270H1ZK, registered in Maharashtra. The company has 9 GST registrations in all, of which 1 is active and 8 are cancelled or inactive.
The CIN (Corporate Identification Number) of Dwarikesh Trading Company is U46309MH1981PLC131588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dwarikesh Trading Company has 1 court case on record: 1 filed by the company.
Dwarikesh Trading Company was incorporated on 26 September 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Balkishan Jawarilal Maheshwari ceased to be Additional Director on 23 Jul 2025. Bimla Devi Poddar ceased to be Director on 14 May 2025. Balkishan Jawarilal Maheshwari was appointed as Director on 30 Jul 2024. Dwarikesh Trading Company has 10 board changes on record in total.
Dwarikesh Trading Company can be reached through the website dwarikesh.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Dwarikesh Trading Company is at 613 Maker Chambers V 221 Nariman Point Mumbai, Maharashtra, India – 400021.

