Skytech Textiles Private Limited
About Skytech Textiles Private Limited
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Skytech Textiles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the iron ores includes mining of hematite segment of the mining sector. It was incorporated on 12 June 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U13119MH2023PTC404956.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Vaibhav Jay Desai (Whole-Time Director) and Maikal Bhupendra Raorani.
Its last annual general meeting (AGM) was held on 03 July 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 ₹1.7 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹29.81 Lakh (net margin -17.6%) and EBITDA of -₹25.11 Lakh (EBITDA margin -14.8%).
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- Registered Address1101 Universal Majestic, Behind Rbk Intl School, Mumbai, Maharashtra, India – 400043
- IndustryMining, Iron Ores Includes Mining Of Hematite, Mining, Magnetite
- 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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Business Activity of Skytech Textiles Private Limited
The main business activity of Skytech Textiles is manufacturing. In detail, this covers manufacture of textiles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Skytech Textiles Private Limited FY 2025 filings available
Skytech Textiles Private Limited reported revenue of ₹1.7 Cr (up 1074% YoY) for FY 2025.
Financial Statement Summary of Skytech Textiles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | -₹25.11 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹29.81 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 Skytech Textiles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -14.8% | •••• |
| Net Profit Margin | -17.6% | •••• |
| 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 Skytech Textiles are in the company report.
Financial statements from FY 2024
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.
Peer Comparison of Skytech Textiles Private Limited
Skytech Textiles Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Primo E Services India Private Limited | ₹1.7 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Rajasthan, India |
| Makhija Spinning Mills Private Limited | ₹1.7 Cr (FY 2025) | •••• | •••• | -80.0% | •••• | Nagpur, Maharashtra, India |
| Kriansh Apparels World Private Limited | ₹1.7 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Faridabad, Haryana, India |
| Atlas Multitrade Private Limited | ₹1.7 Cr (FY 2025) | •••• | •••• | -85.0% | •••• | Mumbai, Maharashtra, India |
| Star Silk Mills Private Limited | ₹1.7 Cr (FY 2021) | •••• | •••• | 27.0% | •••• | Punjab, India |
| Skytech Textiles Private Limited this company | ₹1.7 Cr (FY 2025) | •••• | •••• | 1074.0% | •••• | Mumbai, Maharashtra, India |
| Dogra Sangam Textiles Private Limited | ₹1.7 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Shivdurga Clothings Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | 126.0% | •••• | New Delhi, Delhi, India |
| Sweta Sarees Pvt Ltd | ₹1.69 Cr (FY 2022) | •••• | •••• | 71.0% | •••• | Kolkata, West Bengal, India |
| Capitol Nonwovens Private Limited | ₹1.69 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Thane, Maharashtra, India |
| DBM Fabtech Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Skytech Textiles by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Skytech Textiles Private Limited
Skytech Textiles has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maikal Bhupendra Raorani Also directs: Sky Industries Limited | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Vaibhav Jay Desai | Whole-Time Director | 09 Nov 2023 | 2 Years 11 Months | Current |
| Sharad Suryakant Shah Also directs: Sky Industries Limited | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Shailesh Suryakant Shah Also directs: Sky Industries Limited | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
Charges & Borrowings of Skytech Textiles Private Limited
Skytech Textiles Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Skytech Textiles Private Limited
Employment history and EPFO contributions of people linked to Skytech Textiles.
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 Skytech Textiles Private Limited
Skytech Textiles Private Limited has 5 board changes on record since 2023: 4 appointments and 1 cessation. The latest: Vaibhav Jay Desai ceased to be Additional Director on 16 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Skytech Textiles 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 Skytech Textiles 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 Skytech Textiles 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 Skytech Textiles 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 Skytech Textiles 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 Skytech Textiles Private Limited
Skytech Textiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in iron ores includes mining of hematite, within the mining industry. It was incorporated on 12 June 2023 (3+ years old) and is registered under CIN U13119MH2023PTC404956.
Skytech Textiles reported revenue of ₹1.7 Cr for FY 2025 (up 1074% YoY).
Skytech Textiles has 4 current directors:
- Vaibhav Jay Desai - Whole-Time Director
- Maikal Bhupendra Raorani - Director
- Sharad Suryakant Shah - Director
- Shailesh Suryakant Shah - Director
Skytech Textiles reported a net loss of ₹29.81 Lakh (net margin -17.6%) and EBITDA of -₹25.11 Lakh (EBITDA margin -14.8%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Skytech Textiles is U13119MH2023PTC404956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skytech Textiles was incorporated on 12 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Skytech Textiles by revenue are Primo E Services India Private Limited, Makhija Spinning Mills Private Limited, Kriansh Apparels World Private Limited, Atlas Multitrade Private Limited, Star Silk Mills Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Vaibhav Jay Desai ceased to be Additional Director on 16 Jul 2024. Vaibhav Jay Desai was appointed as Whole-Time Director on 09 Nov 2023. Maikal Bhupendra Raorani was appointed as Director on 12 Jun 2023. Skytech Textiles has 5 board changes on record in total.
The registered office of Skytech Textiles is at 1101 Universal Majestic, Behind Rbk Intl School, Mumbai, Maharashtra, India – 400043.
Skytech Textiles has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr.
Skytech Textiles operates in the mining industry, in the iron ores includes mining of hematite segment.