
About Multifashions Private Limited
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Multifashions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 11 January 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1977PTC019422.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jagdish Dulabhaji Ganatra and Darshana Himanshu Kanabar.
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 Kasturi Bldgs 5th Floor171/172 J Tata Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.06 Lakh. For the same year it recorded a net loss of ₹2.85 Lakh (net margin -138.6%) and EBITDA of -₹2.85 Lakh (EBITDA margin -138.6%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 29% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multifashions.com.
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- Registered AddressKasturi Bldgs 5th Floor171/172 J Tata Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryAppreal & Fashion, Leather, Textile, Apparel
- 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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Financials of Multifashions Private Limited FY 2025 filings available
Multifashions Private Limited reported revenue of ₹2.06 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Multifashions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years. EBITDA rose 21% 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 of Multifashions Private Limited
| 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 | -₹2.85 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.85 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 of Multifashions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -138.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -138.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Multifashions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Multifashions Private Limited
Multifashions Private Limited is audited by MEHTA CHOKSHI & SHAH for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHTA CHOKSHI & SHAH | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Multifashions Private Limited
Multifashions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdish Dulabhaji Ganatra Also directs: Parachute Investments Private Limited, Accelerate Investments Private Limited, Torse Holdings Private Limited and 2 more | Director | 22 Jun 2022 | 4 Years 3 Months | Current |
| Darshana Himanshu Kanabar Also directs: Ivorine Private Limited, Parachute Investments Private Limited, Accelerate Investments Private Limited and 1 more | Director | 28 Dec 2015 | 10 Years 9 Months | Current |
Ownership and Shareholding of Multifashions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Multifashions Private Limited
Multifashions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Multifashions Private Limited
Employment history and EPFO contributions of people linked to Multifashions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Multifashions Private Limited
Multifashions Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Jagdish Dulabhaji Ganatra ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Multifashions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Multifashions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Multifashions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Multifashions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Multifashions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Multifashions Private Limited
Multifashions is an active private limited company based in Mumbai, Maharashtra, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 11 January 1977 (49+ years old) and is registered under CIN U17100MH1977PTC019422.
Multifashions reported revenue of ₹2.06 Lakh for FY 2025.
Multifashions has 2 current directors:
- Jagdish Dulabhaji Ganatra - Director
- Darshana Himanshu Kanabar - Director
Multifashions reported a net loss of ₹2.85 Lakh (net margin -138.6%) and EBITDA of -₹2.85 Lakh (EBITDA margin -138.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multifashions is -26% over three years and -29% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Multifashions is U17100MH1977PTC019422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multifashions was incorporated on 11 January 1977, making it 49+ years old. It is registered with the Registrar of Companies, Mumbai.
Jagdish Dulabhaji Ganatra ceased to be Additional Director on 30 Sep 2022. Kishore Jagjivan Gokal ceased to be Director on 01 Jul 2022. Panna Kishore Gokal ceased to be Director on 01 Jul 2022. Multifashions has 6 board changes on record in total.
Multifashions can be reached through the website multifashions.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Multifashions is at Kasturi Bldgs 5th Floor171172 J Tata Road Churchgate, Mumbai, Maharashtra, India – 400020.