Stitchwell Garments Private Limited
About Stitchwell Garments Private Limited
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Stitchwell Garments Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 29 July 1997.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1997PTC109676. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.44 Lakh. It was led by directors Damodar Tulsiram Jhawar and Ajay Rajaram Gurav.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 13 Girnar Building Ground Floor 69 Tardeo Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2017, the company reported a revenue of ₹763.04 Cr, a growth of 139% compared to the previous year. For the same year it recorded a net profit of ₹19.19 Lakh (net margin 0%) and EBITDA of ₹29.26 Lakh (EBITDA margin 0%).
Company details
Contact details
Stitchwell Garments Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address13 Girnar Building Ground Floor 69 Tardeo Road, Mumbai, Maharashtra, India – 400034
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Stitchwell Garments Private Limited, buy the company report.
- 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
Business activity
The main business activity of Stitchwell Garments is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Stitchwell Garments Private Limited, buy the company report.
Financials of Stitchwell Garments Private Limited
FY 2017 filings availableStitchwell Garments Private Limited reported revenue of ₹763.04 Cr (up 139% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 139% in the latest year. EBITDA rose 205% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | |||
| EBITDA | ₹29.26 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹19.19 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0% | ||
| Net Profit Margin | 0% | ||
| 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 Stitchwell Garments Private Limited, buy the company report.
Board of directors of Stitchwell Garments Private Limited
Stitchwell Garments has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damodar Tulsiram Jhawar | Director | 30 Jul 2010 | 16 Years 3 Months | As last reported |
| Ajay Rajaram Gurav | Director | 13 Jan 2012 | 14 Years 9 Months | As last reported |
Peer comparison
Stitchwell Garments Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jalbhushan Multitrade Private Limited | ₹938.04 Cr (FY 2017) | 60.0% | Mumbai, Maharashtra, India | |||
| K R Yarns Private Limited | ₹867.69 Cr (FY 2025) | 8.0% | Ludhiana, Punjab, India | |||
| Manohar Capital Markets Limited | ₹815.63 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Edmon Trading Private Limited | ₹780.63 Cr (FY 2017) | 102.0% | Mumbai, Maharashtra, India | |||
| Stitchwell Garments Private Limitedthis company | ₹763.04 Cr (FY 2017) | ₹19.19 Lakh | 0% | 139.0% | Mumbai, Maharashtra, India | |
| Jiwandass Desraj Private Limited | ₹761.34 Cr (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| RKS Cotton Private Limited | ₹745.01 Cr (FY 2025) | -40.0% | Fatehabad, Haryana, India | |||
| Krishnayash Yarn Private Limited | ₹696.28 Cr (FY 2025) | 19.0% | Surat, Gujarat, India |
To see the full peer comparison of Stitchwell Garments Private Limited, buy the company report.
Auditor
Stitchwell Garments Private Limited is audited by S L & Company for the financial year 2014.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S L & Company | FY 2014 |
Shareholding
The shareholding of Stitchwell Garments Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Stitchwell Garments Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Stitchwell Garments 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 Stitchwell Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Stitchwell Garments has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Stitchwell Garments Private Limited, buy the company report.
Recent activity
Stitchwell Garments Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Ajay Rajaram Gurav was appointed as Director on 13 Jan 2012.
2 earlier events are in the company report.
Frequently asked questions
Stitchwell Garments has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Stitchwell Garments was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 29 July 1997 and is registered under CIN U18101MH1997PTC109676. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Stitchwell Garments was incorporated on 29 July 1997. It is registered with the Registrar of Companies, Mumbai.
Stitchwell Garments had 2 directors:
- Damodar Tulsiram Jhawar - Director
- Ajay Rajaram Gurav - Director
The CIN (Corporate Identification Number) of Stitchwell Garments is U18101MH1997PTC109676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Stitchwell Garments is at 13 Girnar Building Ground Floor 69 Tardeo Road, Mumbai, Maharashtra, India – 400034.
The latest financial statements of Stitchwell Garments on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Stitchwell Garments has 1 GST registration on record and it is cancelled or inactive.
Stitchwell Garments operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Stitchwell Garments by revenue are Jalbhushan Multitrade Private Limited, K R Yarns Private Limited, Manohar Capital Markets Limited, Edmon Trading Private Limited, Jiwandass Desraj Private Limited and 2 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Ajay Rajaram Gurav was appointed as Director on 13 Jan 2012. Rampal Laddha ceased to be Director on 13 Jan 2012. Ameet Ashwin Panchal ceased to be Director on 20 Sep 2011. Stitchwell Garments has 11 board changes on record in total.
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