
Bhagwat Textiles Private Limited
About Bhagwat Textiles Private Limited
Data last updated:
Bhagwat Textiles Private Limited 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 09 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17214MH2010PTC200668.
The company has an authorised share capital of ₹93.25 Lakh and a paid-up capital of ₹93.25 Lakh. It is led by directors Rinku Indrakumar Patodia and Anita Rinku Patodia.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 605 Business Classic Chincholi Bunder Road Malad (West), Mumbai, Maharashtra, India – 400064.
As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Bhagwat Textiles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address605 Business Classic Chincholi Bunder Road Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Bhagwat Textiles 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 Bhagwat Textiles 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 |
Financials of Bhagwat Textiles Private Limited
FY 2017 filings availableFinancial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Bhagwat Textiles Private Limited, buy the company report.
Board of directors of Bhagwat Textiles Private Limited
Bhagwat Textiles has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rinku Indrakumar Patodia Also directs: First Winner Industries Limited, Rikosh Fashions Private Limited, Ramshyam Textile Industries Limited and 4 more | Director | 25 Aug 2010 | 16 Years 2 Months | Current |
| Anita Rinku Patodia Also directs: First Winner Industries Limited, Rikosh Fashions Private Limited, Ramshyam Textile Industries Limited and 4 more | Director | 25 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Bhagwat Textiles Private Limited is audited by HALAN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HALAN & ASSOCIATES | FY 2017 | 141913W |
Shareholding
The shareholding of Bhagwat Textiles 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 Bhagwat Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2010 | 10263482 | Others | ₹10 Cr | Open |
To see the full charge records of Bhagwat Textiles Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Bhagwat Textiles Private Limited has 8 court cases on record: 8 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 2 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by M/S. Vishnu Textile Trade Pvt. Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by Deputy Commissioner of Income Tax Benami Prohibition Unit- II, Mumbai | Pending |
| Bombay High Court | Court case (CRE) | Filed against the company by M/S. Alankit Export Pvt. Ltd. | Pending |
| Bombay High Court | Court case (CHS) | Filed against the company by M/S. Alankit Export Pvt. Ltd. | Disposed |
To see the full case history of Bhagwat Textiles Private 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 Bhagwat Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bhagwat Textiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bhagwat Textiles Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Paresh Amarshi Hindocha ceased to be Director on 29 Sep 2010.
Frequently asked questions
Bhagwat 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 09 March 2010 (16+ years old) and is registered under CIN U17214MH2010PTC200668.
Bhagwat Textiles has 2 current directors:
- Rinku Indrakumar Patodia - Director
- Anita Rinku Patodia - Director
The latest financial statements of Bhagwat Textiles on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bhagwat Textiles is U17214MH2010PTC200668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagwat Textiles has 8 court cases on record: 8 filed against it. 3 are pending. Most are in the high courts.
Bhagwat Textiles was incorporated on 09 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Paresh Amarshi Hindocha ceased to be Director on 29 Sep 2010. Vanita Kamlesh Patel ceased to be Director on 29 Sep 2010. Anita Rinku Patodia ceased to be Additional Director on 20 Sep 2010. Bhagwat Textiles has 6 board changes on record in total.
The registered office of Bhagwat Textiles is at 605 Business Classic Chincholi Bunder Road Malad West, Mumbai, Maharashtra, India – 400064.
Bhagwat Textiles operates in the manufacturing industry, in the textile and fabric production segment.
Bhagwat Textiles has open charges of ₹10 Cr and no satisfied charges on record as per latest MCA filings.