About BRFL Textiles Private Limited
Data last updated:
BRFL Textiles Private Limited is a private limited company based in Palghar, Maharashtra, India, a subsidiary of Bombay Rayon Fashions Limited. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 20 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2020PTC344130. Its GSTIN is 27AAJCB1989M1ZZ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1,139.28 Cr and a paid-up capital of ₹592.34 Cr. It is led by directors including Devang Bipinchandra Parekh and Rajagopalan Balasubramanyan.
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. C – 6 & C – 7 M.I.D.C Tarapur Industrial Area Boisar Maharashtra, Palghar, Maharashtra, India – 401506.
As per the financials filed for FY 2025, the company reported a revenue of ₹371.42 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹220.06 Cr (net margin -59.2%) and EBITDA of -₹129.66 Cr (EBITDA margin -34.9%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
The company has about 2,074 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bombay Rayon. As per MCA filings, the company has open charges of ₹609 Cr and satisfied charges of ₹14 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 2 cases are pending. The company has 9 deals on record (4 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹1,085 Cr; the latest was in July 2024. Its 10 peer companies in the Apparel industry (Branded Wear, Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Shree Shiddhanath Cotex Private Limited. The company has 16 MSME Form 1 returns on record between 2021 and 2024, listing 4,968 overdue payments to 254 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bombayrayontextiles.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. C – 6 & C – 7 M.I.D.C Tarapur Industrial Area Boisar Maharashtra, Palghar, Maharashtra, India – 401506
- IndustryFashion and Textile, Designer & Branded Fashion
- 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 BRFL Textiles Private Limited
The main business activity of BRFL 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 BRFL Textiles Private Limited FY 2025 filings available
BRFL Textiles Private Limited reported revenue of ₹371.42 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of BRFL Textiles Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 22% fall in the latest year. EBITDA rose 8% 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 BRFL Textiles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹129.66 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹220.06 Cr | •••• | •••• | •••• | •••• |
| 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 BRFL Textiles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -59.2% | •••• | •••• | •••• | •••• |
| 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 BRFL Textiles are in the company report.
Financial statements from FY 2021
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 BRFL Textiles Private Limited
BRFL Textiles Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Branded Wear, Textiles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Shiddhanath Cotex Private Limited | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Jade Blue Lifestyle India Limited | •••• | •••• | •••• | •••• | 931 | Ahmedabad, Gujarat, India |
| Bogmallo Enterprises Limited | •••• | •••• | •••• | •••• | 16 | Mumbai, Maharashtra, India |
| Indoworth India Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Paramount Textile Mills Private Limited | •••• | •••• | •••• | •••• | 526 | Madurai District, Tamil Nadu, India |
| BRFL Textiles Private Limited this company | •••• | •••• | •••• | •••• | - | Palghar, Maharashtra, India |
| Twistex India Ltd | •••• | •••• | •••• | •••• | - | Goregaon East, Maharashtra, India |
| Ginza Industries Ltd. | •••• | •••• | •••• | •••• | 2,904 | Mumbai, Maharashtra, India |
| Sahiba Limited | •••• | •••• | •••• | •••• | - | Mangrol, Gujarat, India |
| Reliance Chemotex Industries Ltd Listed | •••• | •••• | •••• | •••• | - | Udaipur., Rajasthan, India |
| House of Anita Dongre Private Limited | •••• | •••• | •••• | •••• | 395 | Rabale, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below BRFL Textiles by revenue in the Apparel industry (Branded Wear, Textiles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of BRFL Textiles Private Limited
BRFL Textiles Private Limited is audited by Deloitte Haskins and Sells LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins and Sells LLP | 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 BRFL Textiles Private Limited
BRFL Textiles has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Bipinchandra Parekh | Director | 19 Jun 2024 | 2 Years 3 Months | Current |
| Rajagopalan Balasubramanyan | Director | 19 Jun 2024 | 2 Years 3 Months | Current |
| Rajan Balasubramanian Also directs: Rajshree Sugars & Chemicals Limited | Director | 19 Jun 2024 | 2 Years 3 Months | Current |
| Subbiah Natarajan | Director | 01 Jul 2024 | 2 Years 3 Months | Current |
Ownership and Shareholding of BRFL 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 BRFL Textiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2025 | Others | ₹75 Cr | Open |
| 16 Jan 2025 | Others | ₹100 Cr | Open |
| 30 Nov 2024 | Others | ₹100 Cr | Open |
| 31 May 2021 | Sbicap Trustee Company Limited | ₹60 Cr | Open |
| 23 Mar 2021 | Others | ₹137 Cr | Open |
Total charge records: 8 View all charges
Deals & Funding of BRFL Textiles Private Limited
BRFL Textiles Private Limited has 9 deals on record (4 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹1,085 Cr; the latest was in July 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹70 Cr | Investors: Linen Art Private Limited , JM Financial Asset Reconstruction Company Limited , Think Investments |
| Jan 2023 | Funding round | ₹50 Cr | Investors: Linen Art Private Limited |
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: JM Financial Asset Reconstruction Company Limited Seller: Bombay Rayon Fashions Limited |
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: JM Financial Asset Reconstruction Company Limited Seller: Bombay Rayon Fashions Limited |
| Dec 2020 | Funding round · Series B | ₹215 Cr | Investors: Think Investments, JM Financial Private Equity, JM Financial Products Limited |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of BRFL Textiles Private Limited
BRFL Textiles Private Limited has 7 court cases on record: 4 filed by BRFL Textiles, 3 filed against it. 2 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Sanjay Chemicals (India) Private Limited | Disposed |
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by Radik Chemicals Private Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against State of Maharashtra | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against an individual | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by BRFL Textiles Private Limited
BRFL Textiles Private Limited has 16 MSME Form 1 returns on record between 2021 and 2024, listing 4,968 overdue payments to 254 micro and small suppliers. 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 (5 of 254)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Krishna Enterprise | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Fineotex Chemical Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 16 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.
Associated Brands with BRFL Textiles Private Limited
BRFL Textiles operates one associated brand: Bombay Rayon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fabrics and garments are manufactured under contract by BTPL. | bombayrayontextiles.com |
Employees and EPFO Compliance at BRFL Textiles Private Limited
BRFL Textiles Private Limited has a workforce of 2,074 employees as of Apr 09, 2024.
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.
News related to BRFL Textiles Private Limited
Recent Activity on BRFL Textiles Private Limited
BRFL Textiles Private Limited has 14 board changes on record since 2020: 9 appointments and 5 cessations. The latest: Ashish Mehrishi ceased to be CEO on 31 Mar 2025.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for BRFL 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 BRFL 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 BRFL Textiles Private Limited
BRFL Textiles has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCB1989M1ZZ | Maharashtra | Active | 22 Oct 2020 |
| 07AAJCB1989M1Z1 | Delhi | Active | 06 Mar 2021 |
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 BRFL 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 BRFL Textiles Private Limited
BRFL Textiles is an active private limited company based in Palghar, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 20 August 2020 (6+ years old) and is registered under CIN U17299MH2020PTC344130.
BRFL Textiles reported revenue of ₹371.42 Cr for FY 2025 (down 22% YoY).
BRFL Textiles has 4 current directors:
- Devang Bipinchandra Parekh - Director
- Rajagopalan Balasubramanyan - Director
- Rajan Balasubramanian - Director
- Subbiah Natarajan - Director
BRFL Textiles reported a net loss of ₹220.06 Cr (net margin -59.2%) and EBITDA of -₹129.66 Cr (EBITDA margin -34.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of BRFL Textiles is -21% over three years. In the latest year (FY 2025) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of BRFL Textiles is 27AAJCB1989M1ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAJCB1989M1Z1 (Delhi).
The CIN (Corporate Identification Number) of BRFL Textiles is U17299MH2020PTC344130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BRFL Textiles has 7 court cases on record: 4 filed by the company and 3 filed against it. 2 are pending.
BRFL Textiles was incorporated on 20 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
BRFL Textiles has 9 deals on record (4 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹1,085 Cr; the latest was in July 2024.
The peers of BRFL Textiles by revenue are Shree Shiddhanath Cotex Private Limited, Jade Blue Lifestyle India Limited, Bogmallo Enterprises Limited, Indoworth India Limited, Paramount Textile Mills Private Limited and 5 more, all in the Apparel industry (Branded Wear, Textiles).
Ashish Mehrishi ceased to be CEO on 31 Mar 2025. Subbiah Natarajan was appointed as Director on 01 Jul 2024. Aman Agrawal ceased to be Director on 19 Jun 2024. BRFL Textiles has 14 board changes on record in total.