MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0066269
Knitroot India Private Limited - fashion and textile in Vasai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.96 Cr
▲ 17% YoY
Net profit · FY 2024
₹5.37 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹12.84 Lakh
EBITDA margin 2.6%
Authorised capital
₹7 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
2
Provident fund records
Directors on board
3
As per MCA filings
About Knitroot India Private Limited
Data last updated:
Knitroot India Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 28 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC280295. Its GSTIN is 27AAGCK1372E1ZP (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sagar Jayesh Sangani and Bharti Jayesh Sangani.
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 Gala No 304 & 305 Vora Ind. Complex, Boidapada Near Vasai Palghar Vasai – Virar City Vasai 401208, Maharashtra, India – 401208.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.96 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹5.37 Lakh (net margin 1.1%) and EBITDA of ₹12.84 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 121% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Knitroot.
Knitroot India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0066269). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website knitroot.com.
Company details
CIN U74999MH2016PTC280295
Registration Number 280295
Incorporation Date 28 April 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0066269
Key People
Sagar Jayesh Sangani Director Bharti Jayesh Sangani Director Mitali Dilip Somaiya Director Recognitions & Rankings of Knitroot India
Contact details
Knitroot India Private Limited's registered office is in Vasai, Maharashtra. Its website is knitroot.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGala No 304 & 305 Vora Ind. Complex, Boidapada Near Vasai Palghar Vasai – Virar City Vasai 401208, Maharashtra, India – 401208
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Knitroot India Private Limited, buy the company report.
Comprehensive company report
Knitroot 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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Brands
Knitroot India operates one associated brand: Knitroot. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Runs a direct-to-consumer brand offering customized apparel for kids. | knitroot.com |
Business activity
The main business activity of Knitroot 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 Knitroot India Private Limited, buy the company report.
Financials of Knitroot India Private Limited
FY 2025 filings availableKnitroot India Private Limited reported revenue of ₹4.96 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹4.96 Cr ▲ 17%
Net profit · FY 2024
₹5.37 Lakh margin 1.1%
EBITDA · FY 2024
₹12.84 Lakh margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 30%
5 years · compounded
▲ 121%
EBITDA CAGR growth
1 year
▲ 217%
3 years · compounded
▲ 16%
5 years · compounded
▲ 191%
Revenue has grown at a compounded annual rate (CAGR) of 121% over five years, including 17% growth in the latest year. EBITDA rose 217% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.37 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Knitroot India Private Limited, buy the company report.
Board of directors of Knitroot India Private Limited
Knitroot India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Jayesh Sangani | Director | 09 Oct 2019 | 7 Years 0 Months | Current |
| Bharti Jayesh Sangani Also directs: Credence Infoline LLP | Director | 11 Jan 2021 | 5 Years 9 Months | Current |
| Mitali Dilip Somaiya | Director | 28 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Knitroot India Private Limited is audited by Sudhanshu Shekhar Singh for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sudhanshu Shekhar Singh | FY 2023 | 199938 |
Shareholding
The shareholding of Knitroot India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Knitroot India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Knitroot 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 Knitroot India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Knitroot India Private Limited has a workforce of 2 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Knitroot India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCK1372E1ZP | Maharashtra | Active | 05 Jul 2018 |
| 36AAGCK1372E1ZQ | Telangana | Active | 28 Nov 2023 |
To see the full GST registrations and return filing status of Knitroot India Private Limited, buy the company report.
Recent activity
Knitroot India Private Limited has 8 board changes on record since 2016: 3 appointments and 5 cessations. The latest: Bharti Jayesh Sangani was appointed as Director on 11 Jan 2021.
AGM
Knitroot India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Knitroot India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Bharti Jayesh Sangani was appointed as Director.
Ceased
Sagar Jayesh Sangani ceased to be Additional Director.
Ceased
Bharti Jayesh Sangani ceased to be Director.
Appointed
Sagar Jayesh Sangani was appointed as Director.
Ceased
Yesha Dilip Somaiya ceased to be Director.
Ceased
Pratik Rajendra Deora ceased to be Director.
Ceased
Ritu Rajendra Deora ceased to be Director.
Appointed
Mitali Dilip Somaiya was appointed as Director.
Incorporation
28 Apr 2016
Knitroot India Private Limited was registered on 28 Apr 2016 with Roc Mumbai Ii & aged 10 years 6 months as per MCA records.
Frequently asked questions
Knitroot India is an active private limited company based in Vasai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 28 April 2016 (10+ years old) and is registered under CIN U74999MH2016PTC280295.
Knitroot India has 3 current directors:
- Sagar Jayesh Sangani - Director
- Bharti Jayesh Sangani - Director
- Mitali Dilip Somaiya - Director
The latest financial statements of Knitroot 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 Knitroot India is 27AAGCK1372E1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAGCK1372E1ZQ (Telangana).
The CIN (Corporate Identification Number) of Knitroot India is U74999MH2016PTC280295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Knitroot India was incorporated on 28 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharti Jayesh Sangani was appointed as Director on 11 Jan 2021. Sagar Jayesh Sangani ceased to be Additional Director on 31 Dec 2020. Bharti Jayesh Sangani ceased to be Director on 15 May 2020. Knitroot India has 8 board changes on record in total.
Yes, Knitroot India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0066269).
Knitroot India can be reached through the website knitroot.com. Its registered office is in Vasai, Maharashtra, India.
The registered office of Knitroot India is at Gala No 304 & 305 Vora Ind. Complex, Boidapada Near Vasai Palghar Vasai – Virar City Vasai 401208, Maharashtra, India – 401208.
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