
About Apple Silk Mills
Apple Silk Mills is a Retail company based in Surat (India) founded in 2013. A leading brand specializing in womens sarees. It operates on a B2C model. Its Indian entity Apple Silk Mills Private Limited reported revenue of βΉ34.35 Cr. Its focus areas include Fashion and Apparel, Textiles, Women's Clothing and Traditional Wear. Its competitors include Fashor, BIBA and Dressfolk; 3 of its 3 listed competitors have raised funding.
Company details
Apple Silk Mills a leading brand specializing in womens sarees, focusing on fashion and apparel, textiles, womens clothing, and traditional wear. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Surat, India
- SectorsRetail
- Website applesilkmills.com
- Legal Name Apple Silk Mills Private Limited
- Date of Incorporation 13 Jan, 2010
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹34.35 Cr
FY 2023 · +21% YoY
- Net Profit₹26 Lakh
FY 2023 · 1% margin
- EBITDA₹1.07 Cr
FY 2023 · 3% margin
Associated legal entities of Apple Silk Mills
Apple Silk Mills operates through Apple Silk Mills Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Apple Silk Mills Private Limited CIN U17120GJ2010PTC059237 | Active | 13 Jan 2010 | Surat, Gujarat | ₹34.4 Cr | 2 | View details |
Board of directors of Apple Silk Mills Private Limited (Apple Silk Mills)
Apple Silk Mills Private Limited is the primary company behind Apple Silk Mills. The board of Apple Silk Mills Private Limited currently have 2 directors; the longest-serving is Rameshkumar Jain, appointed in 2010.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rameshkumar Jain DIN 02879319 | Director | 13 Jan 2010 | 16 yrs 9 mo | Apple Silk Mills Private Limited |
| Rohit Rameshkumar Jain DIN 02879340 | Director | 13 Jan 2010 | 16 yrs 9 mo | Apple Silk Mills Private Limited |
Financials of Apple Silk Mills
Figures of Apple Silk Mills Private Limited, the primary company behind Apple Silk Mills, for FY 2023. Revenue was ₹34.35 Cr (+21% year on year). Net profit was ₹26 Lakh (1% margin). EBITDA was ₹1.07 Cr (3% margin). Revenue has grown at a compounded annual rate of -8% over three years and -4% over five years.
- ₹34.35 CrRevenue · FY 2023 · +21% YoY
- ₹26 LakhNet profit · 1% margin
- ₹1.07 CrEBITDA · 3% margin
- ₹9.5 LakhPaid-up capital
- -8%Revenue CAGR, 3 years
- -4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Apple Silk Mills Private Limited are on its company page.
Detailed financial statements for Apple Silk Mills
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Competitors of Apple Silk Mills
Apple Silk Mills has 3 listed competitors in our database, 3 of them funded. They include Fashor, BIBA and Dressfolk.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fashor.com | 2017 | Chennai, India | $6.23M | 232 | Ethnic wear for women is offered via an internet-first brand. | |
| biba.in | 1988 | Gurugram, India | $57.29M | 2,528 | Women's ethnic wear is offered through an internet-first brand. | |
| dressfolk.com | 2015 | Delhi, India | $838,736 | 5 | Handcrafted ethnic wear for women is offered online by Dressfolk. |
Detailed competitors of Apple Silk Mills
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- Full competitor set
- Operating metrics
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Top companies in Women Apparel E-Commerce
3 companies that operate in the same segment as Apple Silk Mills (Women Apparel E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online platform selling apparel items like trousers, jeans, shorts, and shoes. | 2014 | Bengaluru, Karnataka, India | USD 42 M | USD 26.76 M | 3,181 | |
Online platform selling stylish western clothing for women including dresses and tops. | 2015 | Gurugram, Haryana, India | USD 9.87 M | USD 10.15 M | 272 | |
Manages an e-commerce platform offering diverse fashion products for men, women, and kids. | 2016 | Mumbai, Maharashtra, India | 6 |
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Frequently Asked Questions about Apple Silk Mills
Apple Silk Mills was founded in 2013.
Apple Silk Mills is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
The primary company behind Apple Silk Mills, Apple Silk Mills Private Limited, reported revenue of βΉ34.35 Cr for FY 2023, up 21% year on year.
Apple Silk Mills a leading brand specializing in womens sarees, focusing on fashion and apparel, textiles, womens clothing, and traditional wear. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Apple Silk Mills operates through Apple Silk Mills Private Limited.
The legal entities of Apple Silk Mills currently have 2 directors, including Rameshkumar Jain, Rohit Rameshkumar Jain.