Advance Lifestyles Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L45309MH1988PLC268437 Incorporated 18 August 1988 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 521048 Public Limited Company infrastructure and utilities
Data last updated
Market Cap
₹16.19 Cr
ADVLIFE · BSE
Share Price
₹26.00
0.00% today
EBITDA
−₹0.46 Cr
FY 2013-14
Net Profit
−₹0.30 Cr
FY 2013-14 · -225.0% YoY
ROE
-1.6%
ROCE 6.3%
Debt / Equity
4.44
Interest cover -1,391.7x
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹6.23 Cr
Issued & subscribed

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 L45309MH1988PLC268437. 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.

The net worth stands at ₹32.32 Cr (up 16.1% YoY). Total assets are valued at ₹73.76 Cr (up 4.5% YoY).

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 L45309MH1988PLC268437
Registration Number 268437
Incorporation Date 18 August 1988
ROC Mumbai
Listing Status Listed - Listed on BSE (521048)
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Advance Lifestyles has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45309MH1988PLC268437, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45309MH1988PLC268437Current
L45309GJ1988PLC011139Previous
L17110GJ1988PLC011139Previous
U17110GJ1988PLC011139Previous

Contact details

Advance Lifestyles Limited's registered office is in Mumbai, Maharashtra. Its website is advance.net.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    2nd Floor West Wing Electric Mansion Appasaheb Marathe Marg Worli, Mumbai, Maharashtra, India – 400025
  • Industry
    Infrastructure and Utilities, General Construction Services

To see the full contact details of Advance Lifestyles Limited, buy the company report.

Comprehensive company report
Advance Lifestyles Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Advance Lifestyles operates one associated brand: ADVANCE LIFESTYLES. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

Financials of Advance Lifestyles Limited

FY 2025-26 filings available

Advance Lifestyles Limited reported revenue of ₹- for FY 2025-26.

Financial Highlights

FY 2013-14 · Consolidated
Revenue
₹0.00 Cr
-100.0% YoY
EBITDA
−₹0.46 Cr
-117.9% YoY
Profit After Tax
−₹0.30 Cr
-225.0% YoY
Net Worth
₹29.82 Cr
+356.7% YoY
Total Assets
₹113 Cr
+33.0% YoY
Total Debt
₹83.20 Cr
+6.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2013-14FY 2012-13FY 2011-12FY 2010-11FY 2009-10
Income statement
Revenue0.000.511.122.773.32
Revenue growth-100.0%-54.5%-59.6%-16.6%-
EBITDA(0.46)2.579.720.14(5.53)
EBITDA margin-+503.9%+867.9%+5.1%-166.6%
Profit before tax(0.37)0.30(0.37)(0.06)3.61
Net profit(0.30)0.24(0.37)(0.06)(5.02)
Net profit margin-+47.1%-33.0%-2.2%-151.2%
EPS (₹)0.000.770.000.0011.61
Balance sheet
Total assets11385.1615419.859.98
Net worth29.826.535.545.915.98
Total debt83.2078.3112913.314.00
Cash & bank30.820.450.040.120.36
Net working capital86.6963.1814511.499.80
Cash flow
Cash from operations9.6553.68(106)(9.22)(7.15)
Cash from investing22.446.830.880.559.02
Cash from financing(1.79)(60.10)1068.43(2.23)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.000.000.002.310.000.000.00
Revenue growth---100.0%----
EBITDA(0.50)(0.27)(0.76)(0.37)(0.29)(0.38)(4.47)
EBITDA margin----16.0%---
Profit before tax4.481.510.260.53(0.49)(0.38)(4.40)
Net profit4.480.190.620.530.94(0.38)(4.40)
Net profit margin---+22.9%---
EPS (₹)7.202.290.341.723.03(1.24)(14.13)
Balance sheet
Total assets73.7670.5666.6963.7475.2674.4474.52
Net worth32.3227.8426.4126.1930.8729.9330.31
Total debt41.4442.7340.2937.5543.6043.9343.62
Cash & bank0.630.020.030.130.020.020.02
Net working capital72.9542.7926.7926.89(2.55)2.002.02
Cash flow
Cash from operations(69.03)(0.32)(0.80)0.010.33(0.31)(3.42)
Cash from investing69.660.560.450.500.000.000.00
Cash from financing(0.02)(0.25)0.25(0.40)(0.33)0.313.42
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue0.0015.210.000.000.000.000.000.00
Other income0.002.694.891.030.880.880.870.96
Total expenses0.1315.330.130.180.080.100.060.07
EBITDA(0.13)(0.12)(0.13)(0.18)(0.08)(0.10)(0.06)(0.07)
EBITDA margin--0.8%------
Depreciation0.000.000.010.000.000.000.000.00
Interest0.640.630.690.680.670.650.690.68
Profit before tax(0.77)1.944.060.170.130.130.120.21
Tax0.000.000.000.000.000.00(0.15)0.03

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsFY 2013-14FY 2012-13FY 2011-12FY 2010-11FY 2009-10
Revenue0.000.511.122.773.32
Revenue growth-100.0%-54.5%-59.6%-16.6%-
Other income6.797.550.920.629.15
Total expenses0.46(2.06)(8.60)2.638.85
Employee cost0.110.100.460.275.51
EBITDA(0.46)2.579.720.14(5.53)
EBITDA margin-+503.9%+867.9%+5.1%-166.6%
Depreciation0.020.020.020.010.01
Interest6.689.8010.990.810.00
Profit before tax(0.37)0.30(0.37)(0.06)3.61
Tax(0.07)0.060.000.000.00
Net profit(0.30)0.24(0.37)(0.06)(5.02)
Net profit margin-+47.1%-33.0%-2.2%-151.2%
EPS (₹)0.000.770.000.0011.61
ParticularsFY 2013-14FY 2012-13FY 2011-12FY 2010-11FY 2009-10
Equity & liabilities
Share capital3.113.113.113.113.11
Reserves & surplus26.713.422.432.802.87
Shareholders' funds (net worth)29.826.535.545.915.98
Minority interest0.000.000.000.000.00
Secured loans0.000.000.000.000.00
Unsecured loans83.2078.3112913.314.00
Total debt83.2078.3112913.314.00
Total liabilities11385.1615419.859.98
Assets
Gross block9.020.920.340.330.28
Net block8.840.920.210.220.18
Capital work in progress0.000.000.000.000.00
Investments0.000.000.000.000.00
Inventories0.1461.031371.380.14
Sundry debtors0.000.001.070.000.01
Cash & bank balances30.820.450.040.120.36
Loans & advances60.717.1313.2615.3216.71
Total current assets91.6768.6115216.8217.22
Total current liabilities4.985.437.145.337.42
Net working capital86.6963.1814511.499.80
Total assets11385.1615419.859.98
ParticularsFY 2013-14FY 2012-13FY 2011-12FY 2010-11FY 2009-10
Opening cash0.450.040.120.360.72
Net cash from operating activities9.6553.68(106)(9.22)(7.15)
Net cash from investing activities22.446.830.880.559.02
Net cash from financing activities(1.79)(60.10)1068.43(2.23)
Net change in cash30.300.41(0.08)(0.24)(0.36)
Closing cash30.820.450.040.120.36
ParticularsFY 2013-14FY 2012-13FY 2011-12FY 2010-11FY 2009-10
Growth
Sales growth-100.0%-54.5%-59.6%-16.6%-
EBITDA growth-117.9%-73.6%+6842.9%+102.5%-
PBT growth-+9998.0%-516.7%-+9997.0%
Net income growth-225.0%+164.9%-516.7%+98.8%-
Revenue CAGR (3Y)-100.0%-46.4%---
Profitability & leverage
Net income margin-+47.1%-33.0%-2.2%+108.7%
Return on capital employed+6.4%+8.4%0.0%0.0%-50.2%
Return on net worth-1.6%+3.9%0.0%0.0%-83.5%
Debt / equity4.4417.2012.461.460.67
Long-term debt / equity1.574.263.100.430.00
Interest cover-1,391.67384.31113.30623.080.00
Efficiency & per share
Fixed asset turnover0.000.813.349.0811.86
Inventory turnover0.000.010.023.6423.71
Debtors turnover0.000.952.09554.00332.00
EPS (₹)0.000.770.000.0011.61
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)95.8020.9917.8119.0019.23
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue0.0015.210.000.000.000.000.000.00
Other income0.002.694.891.030.880.880.870.96
Total expenses0.1315.330.130.180.080.100.060.07
EBITDA(0.13)(0.12)(0.13)(0.18)(0.08)(0.10)(0.06)(0.07)
EBITDA margin--0.8%------
Depreciation0.000.000.010.000.000.000.000.00
Interest0.640.630.690.680.670.650.690.68
Profit before tax(0.77)1.944.060.170.130.130.120.21
Tax0.000.000.000.000.000.00(0.15)0.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.000.002.310.000.000.00
Revenue growth---100.0%----
Other income7.684.473.513.20(0.20)0.000.07
Total expenses0.500.270.762.680.290.384.47
Employee cost0.200.090.060.110.070.120.14
EBITDA(0.50)(0.27)(0.76)(0.37)(0.29)(0.38)(4.47)
EBITDA margin----16.0%---
Depreciation0.010.000.000.000.000.000.00
Interest2.692.692.492.300.000.000.00
Profit before tax4.481.510.260.53(0.49)(0.38)(4.40)
Tax0.000.090.050.00(1.43)0.000.00
Net profit4.480.190.620.530.94(0.38)(4.40)
Net profit margin---+22.9%---
EPS (₹)7.202.290.341.723.03(1.24)(14.13)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital6.236.236.233.113.113.113.11
Reserves & surplus26.0921.6120.1823.0827.7626.8227.20
Shareholders' funds (net worth)32.3227.8426.4126.1930.8729.9330.31
Secured loans0.000.000.000.000.000.000.00
Unsecured loans41.4442.7340.2937.5543.6043.9343.62
Total debt41.4442.7340.2937.5543.6043.9343.62
Total liabilities73.7670.5666.6963.7475.2674.4474.52
Assets
Gross block0.850.060.060.063.023.023.02
Net block0.800.020.020.022.852.852.85
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.250.250.250.000.000.00
Inventories0.140.140.140.140.140.140.14
Sundry debtors0.000.000.000.000.006.006.00
Cash & bank balances0.630.020.030.130.020.020.02
Loans & advances75.0045.7330.1230.560.080.100.13
Total current assets75.7745.8930.2930.830.246.266.29
Total current liabilities2.823.103.503.942.794.264.27
Net working capital72.9542.7926.7926.89(2.55)2.002.02
Total assets73.7670.5666.6963.7475.2674.4474.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.020.030.130.020.020.020.03
Net cash from operating activities(69.03)(0.32)(0.80)0.010.33(0.31)(3.42)
Net cash from investing activities69.660.560.450.500.000.000.00
Net cash from financing activities(0.02)(0.25)0.25(0.40)(0.33)0.313.42
Net change in cash0.61(0.02)(0.10)0.110.000.000.00
Closing cash0.630.020.030.130.020.020.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth---100.0%----
EBITDA growth-85.2%+64.5%-105.4%-27.6%+23.7%+91.5%-
PBT growth+196.7%+480.8%-50.9%+9998.0%-29.0%+91.4%+38.3%
Net income growth+2257.9%-69.4%+17.0%-43.6%+347.4%+91.4%-
Revenue CAGR (3Y)-100.0%------
EBITDA CAGR (3Y)+10.6%-2.4%+26.0%-56.4%-71.4%+16.6%+165.1%
Profitability & leverage
Net income margin---+22.9%---
Return on capital employed+9.9%+4.4%+5.0%+4.1%-0.7%-0.5%-5.8%
Return on net worth+14.9%+0.7%+2.4%+1.9%+3.1%-1.3%-13.5%
Debt / equity1.401.531.481.421.441.451.29
Long-term debt / equity1.151.251.191.141.160.590.00
Interest cover-527.45-996.30-327.63-621.620.000.000.00
Efficiency & per share
Fixed asset turnover0.000.000.001.500.000.000.00
Inventory turnover0.000.000.0016.500.000.000.00
Debtors turnover0.000.000.000.000.000.000.00
EPS (₹)7.202.290.341.723.03(1.24)(14.13)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)51.9144.7142.4284.1599.1896.1597.39

To see the full year-wise 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.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Jyoti Laxman BambadeDirector25 May 20224 Years 5 MonthsCurrent
Ramesh NairCfo24 Oct 20197 Years 0 MonthsCurrent
Kashyap Vipin GandhiManaging Director27 Jan 20251 Years 9 MonthsCurrent
Aditya SoniDirector11 Feb 20251 Years 8 MonthsCurrent
Mala PoddarDirector24 Jul 20242 Years 3 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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.

Auditor

Advance Lifestyles Limited is audited by Niraj Agrawal &Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Niraj Agrawal &Co.FY 2023143228W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 72.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 27.70%.

Promoters: 72.30%Retail & Others: 27.70%
Mar 2026
QUARTER
72.30% Promoters
27.70% Retail & Others
Promoter holding - history
Now 72.30% · Mar 2026High 72.30% · Jun 2025Low 72.30% · Jun 2025
71%71.8%72.5%73.3%74%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 72.30%Sep 2025: 72.30%Dec 2025: 72.30%Mar 2026: 72.30%72.30%72.30%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters72.30%72.30%72.30%72.30%
Public27.70%27.70%27.70%27.70%

Charges & borrowings

Open charges
₹22.12 Cr
Satisfied charges
₹4.6 Cr
Breakdown by lending institutions
State Bank of India₹22.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Oct 199290108930State Bank of India₹44.68 LakhOpen
30 Jan 199290112096State Bank of India₹21 LakhOpen
16 Jul 199190112079State Bank of India₹9.11 CrOpen
04 Jul 198990108577State Bank of India₹4.12 CrOpen
04 Jul 198990112006State Bank of India₹4.12 CrOpen

To see the full charge records of Advance Lifestyles Limited, buy the company report.

Total charge records: 9 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCT6856F1ZAGujaratActive01 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.

Filing
Advance Lifestyles Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Advance Lifestyles Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Appointed
Aditya Soni was appointed as Director.
Appointed
Kashyap Vipin Gandhi was appointed as Managing Director.
Ceased
Reet Kamal Keswani ceased to be Director.
Ceased
Sundeep Agarwal ceased to be Managing Director.
Appointed
Mala Poddar was appointed as Director.
Ceased
Usha Harsukhbhai Muliya ceased to be Director.
Appointed
Jyoti Laxman Bambade was appointed as Director.
Ceased
Pradeep Phulchand Agarwal ceased to be Director.
Ceased
Som Dutta Vyas ceased to be Director.
Appointed
Ramesh Nair was appointed as CFO.

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 L45309MH1988PLC268437. Listed on BSE: 521048.

Advance Lifestyles has 5 current directors and KMP:

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 L45309MH1988PLC268437. 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.