MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0192498
Sherry Apparels Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.72 Cr
▲ 2% YoY
Net profit · FY 2024
₹93.31 Lakh
Net margin 8%
EBITDA · FY 2024
₹1.29 Cr
EBITDA margin 11%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
34 yrs
Est. 1992
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Sherry Apparels Private Limited
Data last updated:
Sherry Apparels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 25 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1992PTC066913. Its GSTIN is 27AAECS2637J1Z6 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Chandrakant Khemchand Makhija and Sapna Ramchand Rijhwani.
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. 248 5/B Mittal Industrial Estate Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.72 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹93.31 Lakh (net margin 8%) and EBITDA of ₹1.29 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 5% over five years.
The company is associated with 1 brand: Sherry Lingerie.
Sherry Apparels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0192498). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sherrylingerie.com.
Company Details of Sherry Apparels Private Limited
CIN U18101MH1992PTC066913
Registration Number 066913
Incorporation Date 25 May 1992
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 Small
Udyam Registration UDYAM-MH-18-0192498
Key People
Chandrakant Khemchand Makhija Director Sapna Ramchand Rijhwani Director Gautam Chandrakant Makhija Director Recognitions & Rankings of Sherry Apparels
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGala No. 248 5/B Mittal Industrial Estate Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryFashion and Textile, Innerwear
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Associated Brands with Sherry Apparels Private Limited
Sherry Apparels operates one associated brand: Sherry Lingerie. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers online lingerie products like bras and panties with fast shipping. | sherrylingerie.com |
Business Activity of Sherry Apparels Private Limited
The main business activity of Sherry Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Sherry Apparels Private Limited FY 2025 filings available
Sherry Apparels Private Limited reported revenue of ₹11.72 Cr (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹11.72 Cr ▲ 2%
Net profit · FY 2024
₹93.31 Lakh margin 8%
EBITDA · FY 2024
₹1.29 Cr margin 11%
Compounded Annual Growth Rate (CAGR) of Sherry Apparels Private Limited
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 21%
5 years · compounded
▲ 5%
EBITDA CAGR growth
3 years · compounded
▲ 68%
5 years · compounded
▲ 5%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 2% growth 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 Sherry Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.29 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹93.31 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 Sherry Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8% | •••• | •••• | •••• | •••• |
| 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 Sherry Apparels are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Sherry Apparels Private Limited
Sherry Apparels has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Khemchand Makhija | Director | 02 Sep 1996 | 30 Years 1 Months | Current |
| Sapna Ramchand Rijhwani | Director | 02 Sep 1996 | 30 Years 1 Months | Current |
| Gautam Chandrakant Makhija | Director | 02 Sep 1996 | 30 Years 1 Months | Current |
| Bhavika Ravi Sukhija Also directs: Shubhakala Textiles Pvt Ltd | Director | 01 Oct 2012 | 14 Years 0 Months | Current |
| Ravi Ramesh Sukhija Also directs: Shubhakala Textiles Pvt Ltd | Director | 02 Sep 1996 | 30 Years 1 Months | Current |
Peer Comparison of Sherry Apparels Private Limited
Sherry Apparels Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Inner Wear). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| O T Textiles Pvt Ltd | ₹12.63 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| MSK Creations Private Limited | ₹12.3 Cr (FY 2023) | •••• | •••• | -61.0% | •••• | Tirupur, Tamil Nadu, India |
| Hue Chem Textiles Private Limited | ₹12.12 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Mumbai, Maharashtra, India |
| HBS Woollen Mills Pvt Ltd | ₹11.91 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Ludhiana, Punjab, India |
| Rolland Textiles Private Limited | ₹11.9 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Sherry Apparels Private Limited this company | ₹11.72 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Crystal Knitters Private Limited | ₹11.71 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Tirupur, Tamil Nadu, India |
| Amit Paridhan Private Limited | ₹11.61 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Kotak Overseas Private Limited | ₹11.55 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Mybra Intimates Private Limited | ₹11.1 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Nelamangala, Karnataka, India |
| Ganga Hosiery Industries Private Limited | ₹10.84 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Kanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Sherry Apparels by revenue in the Apparel industry (Inner Wear), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sherry Apparels Private Limited
Sherry Apparels Private Limited is audited by KHUNADIA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KHUNADIA & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Sherry Apparels Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Sherry Apparels Private Limited
Sherry Apparels Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sherry Apparels Private Limited
Employment history and EPFO contributions of people linked to Sherry Apparels.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Sherry Apparels Private Limited
Sherry Apparels Private Limited has 9 board changes on record since 1996: 5 appointments and 4 cessations. The latest: Ramchand Mohandas Rijhwani ceased to be Director on 21 Sep 2023.
AGM
Sherry Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sherry Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Ramchand Mohandas Rijhwani ceased to be Director.
Ceased
Harsha Chandrakant Makhija ceased to be Director.
Appointed
Bhavika Ravi Sukhija was appointed as Director.
Ceased
Mamta Ramesh Sukhija ceased to be Director.
Ceased
Ramesh Sobhraj Sukhija ceased to be Director.
Appointed
Chandrakant Khemchand Makhija was appointed as Director.
Appointed
Gautam Chandrakant Makhija was appointed as Director.
Appointed
Ravi Ramesh Sukhija was appointed as Director.
Appointed
Sapna Ramchand Rijhwani was appointed as Director.
Incorporation
25 May 1992
Sherry Apparels Private Limited was registered on 25 May 1992 with Roc Mumbai & aged 34 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Sherry Apparels Private Limited
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MSME Payment Delays by Sherry Apparels Private Limited
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Subsidiaries & Group Companies of Sherry Apparels Private Limited
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GST Compliance of Sherry Apparels Private Limited
Sherry Apparels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS2637J1Z6 | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Sherry Apparels Private Limited
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Frequently Asked Questions about Sherry Apparels Private Limited
Sherry Apparels is an active private limited company based in Mumbai, Maharashtra, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 25 May 1992 (34+ years old) and is registered under CIN U18101MH1992PTC066913.
Sherry Apparels reported revenue of ₹11.72 Cr for FY 2024 (up 2% YoY).
Sherry Apparels has 5 current directors:
- Chandrakant Khemchand Makhija - Director
- Sapna Ramchand Rijhwani - Director
- Gautam Chandrakant Makhija - Director
- Bhavika Ravi Sukhija - Director
- Ravi Ramesh Sukhija - Director
Sherry Apparels reported a net profit of ₹93.31 Lakh (net margin 8%) and EBITDA of ₹1.29 Cr (EBITDA margin 11%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sherry Apparels is 21% over three years and 5% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sherry Apparels is 27AAECS2637J1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sherry Apparels is U18101MH1992PTC066913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sherry Apparels was incorporated on 25 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sherry Apparels by revenue are O T Textiles Pvt Ltd, MSK Creations Private Limited, Hue Chem Textiles Private Limited, HBS Woollen Mills Pvt Ltd, Rolland Textiles Private Limited and 5 more, all in the Apparel industry (Inner Wear).
Ramchand Mohandas Rijhwani ceased to be Director on 21 Sep 2023. Harsha Chandrakant Makhija ceased to be Director on 14 May 2016. Bhavika Ravi Sukhija was appointed as Director on 01 Oct 2012. Sherry Apparels has 9 board changes on record in total.
Yes, Sherry Apparels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0192498).