About Advance Lifestyles Limited
Data last updated:
Advance Lifestyles Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 18 August 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L07295MH1988PLC268437. Its GSTIN is 24AABCT6856F1ZA (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 521048.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹6.23 Cr. It was formerly known as The Ahmedabad Advance Mills Limited. It is led by directors including Kashyap Vipin Gandhi (Managing Director) and Jyoti Laxman Bambade.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 2nd Floor West Wing Electric Mansion Appasaheb Marathe Marg Worli, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2026, the company reported a revenue of ₹7.68 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.48 Cr (net margin 58.3%) and EBITDA of -₹50 Lakh (EBITDA margin -6.5%).
The company is associated with 1 brand: Advance Lifestyles. As per MCA filings, the company has open charges of ₹22.12 Cr and satisfied charges of ₹4.6 Cr on record. Court records list 221 cases involving the company, including 45 filed by the company and 176 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advance.net.in.
Company details
CIN history
Advance Lifestyles has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L07295MH1988PLC268437, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L07295MH1988PLC268437 | Current |
| L45309GJ1988PLC011139 | Previous |
| L17110GJ1988PLC011139 | Previous |
| U17110GJ1988PLC011139 | Previous |
| L45309MH1988PLC268437 | Previous |
Contact details
Advance Lifestyles Limited's registered office is in Mumbai, Maharashtra.
- Registered Address2nd Floor West Wing Electric Mansion Appasaheb Marathe Marg Worli, Mumbai, Maharashtra, India – 400025
- IndustryInfrastructure and Utilities, General Construction Services
- 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
Brands
Advance Lifestyles operates one associated brand: ADVANCE LIFESTYLES. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textile products are wholesaled by the company in India. | advance.net.in |
Business activity
The main business activity of Advance Lifestyles 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 |
Financials of Advance Lifestyles Limited
FY 2026 filings availableAdvance Lifestyles Limited reported revenue of ₹7.68 Cr (up 9997% YoY) for FY 2026.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.68 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹50 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.48 Cr | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.5% | ||||
| Net Profit Margin | 58.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Advance Lifestyles Limited, buy the company report.
Board of directors and KMP of Advance Lifestyles Limited
Advance Lifestyles Limited currently reports 4 directors and 1 key managerial person. 13 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Laxman Bambade Also directs: Cigna Multiventures Private Limited | Director | 25 May 2022 | 4 Years 5 Months | Current |
| Ramesh Nair | Cfo | 24 Oct 2019 | 7 Years 0 Months | Current |
| Kashyap Vipin Gandhi | Managing Director | 27 Jan 2025 | 1 Years 9 Months | Current |
| Aditya Soni Also directs: Ragga LLP, Shree Manufacturing Co Ltd, White Hall Commercial Company Limited and 2 more | Director | 11 Feb 2025 | 1 Years 9 Months | Current |
| Mala Poddar Also directs: Bedi Steels Ltd, Ekagrata Finance Private Limited | Director | 24 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Advance Lifestyles Limited is compared with the 6 companies closest to it by revenue in the Infrastructure industry (Construction Services, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Advance Lifestyles Limitedthis company | ₹7.68 Cr (FY 2026) | ₹4.48 Cr | 58.3% | 9997.0% | Mumbai, Maharashtra, India | |
| Maharashtra State Handlooms Corporation Limited | ₹5.52 Cr (FY 2024) | 9.0% | Nagpur, Maharashtra, India | |||
| Khatushree India Private Limited | ₹5.52 Cr (FY 2025) | 39.0% | Surat, Gujarat, India | |||
| Imperial Arts and Crafts Private Limited | ₹5.52 Cr (FY 2024) | -21.0% | Srinagar, Jammu and Kashmir, India | |||
| Somerset Exports Private Limited | ₹5.51 Cr (FY 2024) | -9.0% | Thane, Maharashtra, India | |||
| Adig Jemtex Private Limited | ₹5.51 Cr (FY 2024) | 567.0% | Bhilwara, Rajasthan, India | |||
| Foil Hub Private Limited | ₹5.51 Cr (FY 2025) | -18.0% | Surat, Gujarat, India |
To see the full peer comparison of Advance Lifestyles Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 1992 | 90108930 | State Bank of India | ₹44.68 Lakh | Open | |
| 30 Jan 1992 | 90112096 | State Bank of India | ₹21 Lakh | Open | |
| 16 Jul 1991 | 90112079 | State Bank of India | ₹9.11 Cr | Open | |
| 04 Jul 1989 | 90108577 | State Bank of India | ₹4.12 Cr | Open | |
| 04 Jul 1989 | 90112006 | State Bank of India | ₹4.12 Cr | Open |
To see the full charge records of Advance Lifestyles Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Advance Lifestyles Limited has 221 court cases on record: 45 filed by Advance Lifestyles, 176 filed against it. 2 cases are pending and 219 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 167 | 153 | 0 |
| High courts | 52 | 22 | 2 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 221)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Pafetech Enterprises Private Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Arm Infra Projects Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Sidy Datacom Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Pafetech Enterprises Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Arm Infra Projects Private Limited | Disposed |
To see the full case history of Advance Lifestyles Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advance Lifestyles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advance Lifestyles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCT6856F1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Advance Lifestyles Limited, buy the company report.
Recent activity
Advance Lifestyles Limited has 25 board changes on record since 1996: 15 appointments and 10 cessations. The latest: Aditya Soni was appointed as Director on 11 Feb 2025.
35 earlier events are in the company report.
Frequently asked questions
Advance Lifestyles is an active public limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 18 August 1988 (38+ years old) and is registered under CIN L07295MH1988PLC268437. Listed on BSE: 521048.
Advance Lifestyles has 5 current directors and KMP:
- Kashyap Vipin Gandhi - Managing Director
- Jyoti Laxman Bambade - Director
- Aditya Soni - Director
- Mala Poddar - Director
- Ramesh Nair - Cfo
The latest financial statements of Advance Lifestyles on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Advance Lifestyles is 24AABCT6856F1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Advance Lifestyles is L07295MH1988PLC268437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Advance Lifestyles is a listed company as per MCA records. Its shares are listed on BSE (code: 521048).
Advance Lifestyles has 221 court cases on record: 45 filed by the company and 176 filed against it. 2 are pending. Most are in the district courts.
Advance Lifestyles was incorporated on 18 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Advance Lifestyles by revenue are Maharashtra State Handlooms Corporation Limited, Khatushree India Private Limited, Imperial Arts and Crafts Private Limited, Somerset Exports Private Limited, Adig Jemtex Private Limited and 1 more, all in the Infrastructure industry (Construction Services, Textiles), with the same principal business activity (textile, leather and other apparel products).
Aditya Soni was appointed as Director on 11 Feb 2025. Kashyap Vipin Gandhi was appointed as Managing Director on 27 Jan 2025. Reet Kamal Keswani ceased to be Director on 27 Jan 2025. Advance Lifestyles has 25 board changes on record in total.
Advance Lifestyles can be reached through the website advance.net.in. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
