
About Citi Threads (India) Private Limited
Data last updated:
Citi Threads (India) Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17111DL1997PTC086499. Its GSTIN is 07AAACC6697E1ZJ (Delhi).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Virbala Mehta and Sanjay Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 15 Jhilmil Tiharpur Industrial Estate G.T Road Shahdara, New Delhi, Delhi, India – 110095.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.01 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Lakh (net margin 1.9%) and EBITDA of ₹7.16 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹79.26 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citithreads.com.
Company details
Contact details
Citi Threads (India) Private Limited's registered office is in New Delhi, Delhi. Its website is citithreads.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 15 Jhilmil Tiharpur Industrial Estate G.T Road Shahdara, New Delhi, Delhi, India – 110095
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Citi Threads (India) 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 Citi Threads (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Citi Threads (India) Private Limited, buy the company report.
Financials of Citi Threads (India) Private Limited
FY 2025 filings availableCiti Threads (India) Private Limited reported revenue of ₹1.01 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 10% growth in the latest year. EBITDA rose 20% 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 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 | ₹7.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.9 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Citi Threads (India) Private Limited, buy the company report.
Board of directors of Citi Threads (India) Private Limited
Citi Threads (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virbala Mehta | Director | 09 Feb 2006 | 20 Years 8 Months | Current |
| Sanjay Mehta | Director | 08 Apr 1997 | 29 Years 6 Months | Current |
Peer comparison
Citi Threads (India) Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Feelings Fashion India Private Limited | ₹1.01 Cr (FY 2025) | 443.0% | Jaipur, Rajasthan, India | |||
| Tista Creations Private Limited | ₹1.01 Cr (FY 2024) | -2.0% | Mumbai, Maharashtra, India | |||
| Royal Touch Fashions Private Limited | ₹1.01 Cr (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Citi Threads (India) Private Limitedthis company | ₹1.01 Cr (FY 2025) | ₹1.9 Lakh | 1.9% | 10.0% | New Delhi, Delhi, India | |
| Badrinath Textiles Private Limited | ₹1.01 Cr (FY 2025) | 90.0% | Ludhiana, Punjab, India | |||
| Prag Bosimi Synthetics Ltd | ₹1.01 Cr (FY 2025) | -65.0% | Guwahati, Assam, India |
To see the full peer comparison of Citi Threads (India) Private Limited, buy the company report.
Auditor
Citi Threads (India) Private Limited is audited by S. K. MEHTA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. MEHTA & CO. | FY 2022 | 000478N |
Shareholding
The shareholding of Citi Threads (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Citi Threads (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2015 | 10613527 | The Karur Vysya Bank Ltd. | ₹26 Lakh | Open | |
| 13 Oct 2004 | 90055479 | The Karur Vysya Bank Ltd | ₹30 Lakh | Open | |
| 13 Oct 2003 | 90055074 | The Karur Vysya Bank Ltd | ₹11 Lakh | Open | |
| 02 Apr 2003 | 90054879 | The Karur Vysya Bank Ltd | ₹2.55 Lakh | Open | |
| 30 Mar 1999 | 90053559 | The Karur Vysya Bank Ltd | ₹2.96 Lakh | Open |
Total charge records: 6 View all charges
Legal cases
Citi Threads (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Citi Threads (India) 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 Citi Threads (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citi Threads (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACC6697E1ZJ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citi Threads (India) Private Limited, buy the company report.
Recent activity
Citi Threads (India) Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Virbala Mehta was appointed as Director on 09 Feb 2006.
Frequently asked questions
Citi Threads (India) is an active private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 April 1997 (29+ years old) and is registered under CIN U17111DL1997PTC086499.
Citi Threads (India) has 2 current directors:
- Virbala Mehta - Director
- Sanjay Mehta - Director
The latest financial statements of Citi Threads (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Citi Threads (India) is 07AAACC6697E1ZJ, registered in Delhi.
The CIN (Corporate Identification Number) of Citi Threads (India) is U17111DL1997PTC086499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citi Threads (India) has 1 court case on record: 1 filed against it.
Citi Threads (India) was incorporated on 08 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Citi Threads (India) by revenue are Feelings Fashion India Private Limited, Tista Creations Private Limited, Royal Touch Fashions Private Limited, Badrinath Textiles Private Limited, Prag Bosimi Synthetics Ltd, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Virbala Mehta was appointed as Director on 09 Feb 2006. Sanjay Mehta was appointed as Director on 08 Apr 1997.
Citi Threads (India) can be reached through the website citithreads.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Citi Threads (India) is at A – 15 Jhilmil Tiharpur Industrial Estate G.T Road Shahdara, New Delhi, Delhi, India – 110095.