Bhushit Textiles Private Limited
About Bhushit Textiles Private Limited
Data last updated:
Bhushit Textiles Private Limited is a private limited company based in Shirpur, Maharashtra, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 04 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH2016PTC284448. Its GSTIN is 27AAGCB8761N1Z0 (Maharashtra).
The company has an authorised share capital of ₹84 Lakh and a paid-up capital of ₹84 Lakh. It is led by directors Shyamkant Raghunath Saner and Pankil Balendrabhai Amin.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gat No. 205/1/1/1A Dahiwad Tal. Shirpur Dist. Dhule, Maharashtra, India – 425405.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.69 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net profit of ₹78,640 (net margin 0.5%) and EBITDA of ₹33.82 Lakh (EBITDA margin 20.1%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹2.44 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressGat No. 205/1/1/1A Dahiwad Tal. Shirpur Dist. Dhule, Maharashtra, India – 425405
- IndustryAppreal & Fashion, Leather, Apparel, Textile
- 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
- One PDF report, delivered after checkout
Business Activity of Bhushit Textiles Private Limited
The main business activity of Bhushit Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bhushit Textiles Private Limited FY 2024 filings available
Bhushit Textiles Private Limited reported revenue of ₹1.69 Cr (down 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bhushit Textiles Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 84% fall in the latest year. EBITDA fell 21% 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 of Bhushit Textiles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.69 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹33.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹78,640 | •••• | •••• | •••• | •••• |
| 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 of Bhushit Textiles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bhushit Textiles are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bhushit Textiles Private Limited
Bhushit Textiles Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Modern Polytex Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | -56.0% | •••• | Bhilwara, Rajasthan, India |
| Sappy Corporates Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | •••• | Kaprada, Gujarat, India | |
| Nagarjun Textiles (India) Pvt Ltd | ₹1.69 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Ranchi, Jharkhand, India |
| Opa Yarn Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Surat, Gujarat, India |
| Bhumi Texfab Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Dhule, Maharashtra, India |
| Bhushit Textiles Private Limited this company | ₹1.69 Cr (FY 2024) | •••• | •••• | -84.0% | •••• | Shirpur, Maharashtra, India |
| Natraj Fibres Pvt Ltd | ₹1.69 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Surat, Gujarat, India |
| Imfa Exim Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Ansh Texttile Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Mumbai, Maharashtra, India |
| Lubgi Laces Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Surat, Gujarat, India |
| Fab Export India Private Limited | ₹1.68 Cr (FY 2024) | •••• | •••• | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Bhushit Textiles by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bhushit Textiles Private Limited
Bhushit Textiles Private Limited is audited by VIJAY M. RATHI for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIJAY M. RATHI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bhushit Textiles Private Limited
Bhushit 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 |
|---|---|---|---|---|
| Shyamkant Raghunath Saner Also directs: Aakansha Fabrics Private Limited | Director | 30 Nov 2016 | 9 Years 10 Months | Current |
| Pankil Balendrabhai Amin Also directs: Autoriders Finance Limited, Autoriders International Limited, Priyadarshan Knitwear Private Limited and 5 more | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
Ownership and Shareholding of Bhushit Textiles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bhushit Textiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2017 | State Bank of India | ₹2.44 Cr | Open |
Total charge records: 1 View all charges
MSME Payment Delays by Bhushit Textiles Private Limited
Bhushit Textiles Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Panav Textiles Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Bhushit Textiles Private Limited
Employment history and EPFO contributions of people linked to Bhushit Textiles.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Bhushit Textiles Private Limited
Bhushit Textiles has one previous CIN (Corporate Identification Number): U17299MH2016PTC284448. The current CIN is U01100MH2016PTC284448, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100MH2016PTC284448 | Current |
| U17299MH2016PTC284448 | Previous |
Recent Activity on Bhushit Textiles Private Limited
Bhushit Textiles Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Pankil Balendrabhai Amin was appointed as Director on 01 Apr 2022.
Credit Ratings, Litigation & Regulatory Alerts for Bhushit Textiles Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bhushit Textiles Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bhushit Textiles Private Limited
Bhushit Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCB8761N1Z0 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bhushit Textiles Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bhushit Textiles Private Limited
Bhushit Textiles is an active private limited company based in Shirpur, Maharashtra, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 04 August 2016 (10+ years old) and is registered under CIN U01100MH2016PTC284448.
Bhushit Textiles reported revenue of ₹1.69 Cr for FY 2024 (down 84% YoY).
Bhushit Textiles has 2 current directors:
- Shyamkant Raghunath Saner - Director
- Pankil Balendrabhai Amin - Director
Bhushit Textiles reported a net profit of ₹78,640 (net margin 0.5%) and EBITDA of ₹33.82 Lakh (EBITDA margin 20.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhushit Textiles is -40% over three years and -19% over five years. In the latest year (FY 2024) revenue fell 84%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bhushit Textiles is 27AAGCB8761N1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bhushit Textiles is U01100MH2016PTC284448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhushit Textiles was incorporated on 04 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bhushit Textiles by revenue are Modern Polytex Limited, Sappy Corporates Private Limited, Nagarjun Textiles (India) Pvt Ltd, Opa Yarn Private Limited, Bhumi Texfab Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Pankil Balendrabhai Amin was appointed as Director on 01 Apr 2022. Popatrao Kautikrao Sonawane ceased to be Director on 01 Apr 2022. Himangi Shyamkant Saner ceased to be Director on 01 Dec 2016. Bhushit Textiles has 4 board changes on record in total.
Bhushit Textiles has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 07 Feb 2024.
The registered office of Bhushit Textiles is at Gat No. 205111A Dahiwad Tal. Shirpur Dist. Dhule, Maharashtra, India – 425405.