Bachani Textiles Pvt Ltd
About Bachani Textiles Pvt Ltd
Data last updated:
Bachani Textiles Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 September 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1982PTC028228. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹2.64 Cr. It is led by directors Ramchand Sevaldas Bachani and Bhaskaran Velappan Mullamkuzhi.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 413 – C Vasant Wadi3Rd Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.53 Lakh. For the same year it recorded a net loss of ₹2,774 (net margin -0.4%) and EBITDA of -₹1,124 (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 392% over three years and 104% over five years.
As per MCA filings, the company has open charges of ₹31.24 Lakh and satisfied charges of ₹18.66 Cr on record. Court records list 22 cases involving the company, including 5 filed by the company and 17 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bachani Textiles Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address413 – C Vasant Wadi3Rd Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Bachani Textiles Pvt Ltd, 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
Financials of Bachani Textiles Pvt Ltd
FY 2019 filings availableBachani Textiles Pvt Ltd reported revenue of ₹6.53 Lakh for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 104% over five years. EBITDA rose 99% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.53 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1,124 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2,774 | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | -0.4% | ||||
| 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 Bachani Textiles Pvt Ltd, buy the company report.
Board of directors of Bachani Textiles Pvt Ltd
Bachani Textiles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramchand Sevaldas Bachani Also directs: Ramolene Textile Industries Limited | Director | 16 Sep 1982 | 44 Years 1 Months | Current |
| Bhaskaran Velappan Mullamkuzhi Also directs: Ramolene Textile Industries Limited | Director | 19 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Bachani Textiles Pvt Ltd is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saadha Studios Private Limited | ₹6.58 Lakh (FY 2024) | Ludhiana, Punjab, India | ||||
| National Poly Yarn Private Limited | ₹6.57 Lakh (FY 2025) | -37.0% | Surat, Gujarat, India | |||
| Sarika Enterprise Private Limited | ₹6.55 Lakh (FY 2024) | 25.0% | Bangalore, Karnataka, India | |||
| Green Banana Fashion Private Limited | ₹6.55 Lakh (FY 2024) | 183.0% | Vadodara, Gujarat, India | |||
| Shylah Textiles Private Limited | ₹6.55 Lakh (FY 2022) | -39.0% | Amritsar, Punjab, India | |||
| Bachani Textiles Pvt Ltdthis company | ₹6.53 Lakh (FY 2019) | -₹2,774 | -0.4% | Mumbai, Maharashtra, India | ||
| Minsan Garments Private Limited | ₹6.53 Lakh (FY 2022) | Mumbai, Maharashtra, India | ||||
| Siddharth Trendz Private Limited | ₹6.52 Lakh (FY 2025) | -18.0% | Surat, Gujarat, India | |||
| Dravya Export Private Limited | ₹6.51 Lakh (FY 2024) | -99.0% | New Delhi, Delhi, India | |||
| Trendzkafe Technologies Private Limited | ₹6.5 Lakh (FY 2024) | -85.0% | Bangalore, Karnataka, India | |||
| Govind Textiles Private Limited | ₹6.5 Lakh (FY 2021) | -20.0% | Panipat, Haryana, India |
To see the full peer comparison of Bachani Textiles Pvt Ltd, buy the company report.
Auditor
Bachani Textiles Pvt Ltd is audited by MAJITHIA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAJITHIA & ASSOCIATES | FY 2019 | 105871W |
Shareholding
The shareholding of Bachani Textiles Pvt Ltd is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bachani Textiles Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 1995 | 90188976 | Gujarat Gas Financial Services Ltd. | ₹31.24 Lakh | Open | |
| 23 Jul 2001 | 80061142 | Union Bank of India | ₹1.25 Cr | Satisfied | |
| 02 May 1995 | 90186199 | Union Bank of India | ₹1 Cr | Satisfied | |
| 20 Jan 1995 | 90187665 | Union Bank of India | ₹4.36 Cr | Satisfied | |
| 07 Apr 1994 | 90186066 | Union Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Bachani Textiles Pvt Ltd, buy the company report.
Total charge records: 13 View all charges
Legal cases
Bachani Textiles Pvt Ltd has 22 court cases on record: 5 filed by Bachani Textiles, 17 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 0 |
| High courts | 10 | 5 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M/S. Gujarat Gas Financial Services Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Yogeshwar Chemicals Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by R.R. Chemicals Industries Pvt.Ltd. | Disposed |
| High Court, TELANGANA | Court case (CCCA) | Filed against the company by M/S. Sanghi Polyesters Ltd., | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by M/S. Gujarat Gas Financial Services Limited | Disposed |
To see the full case history of Bachani Textiles Pvt Ltd, 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 Bachani Textiles Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bachani Textiles has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bachani Textiles Pvt Ltd, buy the company report.
Recent activity
Bachani Textiles Pvt Ltd has 4 board changes on record since 1982: 2 appointments and 2 cessations. The latest: Niraj Ramchand Bachani ceased to be Director on 13 Aug 2019.
27 earlier events are in the company report.
Frequently asked questions
Bachani Textiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 September 1982 (44+ years old) and is registered under CIN U17110MH1982PTC028228.
Bachani Textiles has 2 current directors:
- Ramchand Sevaldas Bachani - Director
- Bhaskaran Velappan Mullamkuzhi - Director
The latest financial statements of Bachani Textiles on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Bachani Textiles has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Bachani Textiles is U17110MH1982PTC028228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bachani Textiles has 22 court cases on record: 5 filed by the company and 17 filed against it. Most are in the district courts.
Bachani Textiles was incorporated on 16 September 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bachani Textiles by revenue are Saadha Studios Private Limited, National Poly Yarn Private Limited, Sarika Enterprise Private Limited, Green Banana Fashion Private Limited, Shylah Textiles Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Niraj Ramchand Bachani ceased to be Director on 13 Aug 2019. Bhaskaran Velappan Mullamkuzhi was appointed as Director on 19 Jul 2019. Hariram Sevaldas Bachani ceased to be Director on 05 Jul 2016. Bachani Textiles has 4 board changes on record in total.
The registered office of Bachani Textiles is at 413 – C Vasant Wadi3Rd Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Bachani Textiles operates in the manufacturing industry, in the textile and fabric production segment.
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