Combine Sales Pvt Ltd
About Combine Sales Pvt Ltd
Data last updated:
Combine Sales Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 11 April 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70100MP1989PTC005196. Its GSTIN is 23AABCC3953G1ZZ (Madhya Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Nusyl Kapadia (Managing Director) and Bharat Kapadia (Whole-Time Director).
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 Apollo Tower 2 M.G. Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.65 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹16.51 Lakh (net margin 4.5%) and EBITDA of ₹38.87 Lakh (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 452% over three years and 110% over five years.
As per MCA filings, the company has open charges of ₹20 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressApollo Tower 2 M.G. Road, Indore, Madhya Pradesh, India – 452001
- 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
CIN History of Combine Sales Pvt Ltd
Combine Sales has one previous CIN (Corporate Identification Number): U52322MP1989PTC005196. The current CIN is U70100MP1989PTC005196, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MP1989PTC005196 | Current |
| U52322MP1989PTC005196 | Previous |
Business Activity of Combine Sales Pvt Ltd
The main business activity of Combine Sales 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.
Auditor Details of Combine Sales Pvt Ltd
Combine Sales Pvt Ltd is audited by Charchit Dakh & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Charchit Dakh & Co | 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 Combine Sales Pvt Ltd
Combine Sales has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Kapadia | Whole-Time Director | 11 Apr 1989 | 37 Years 5 Months | Current |
| Bhawna Kapadia | Whole-Time Director | 21 Jun 1999 | 27 Years 3 Months | Current |
| Nusyl Kapadia | Managing Director | 30 Dec 2020 | 5 Years 9 Months | Current |
Financials of Combine Sales Pvt Ltd FY 2025 filings available
Combine Sales Pvt Ltd reported revenue of ₹3.65 Cr (up 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Combine Sales Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 110% over five years, including 39% growth in the latest year. EBITDA rose 39% 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 Combine Sales Pvt Ltd
| 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 | ₹38.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.51 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 of Combine Sales Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 Combine Sales are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Combine Sales Pvt Ltd
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 Combine Sales Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 1995 | Gujarat Mercantile Credit Co-Operative Society Limited | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Combine Sales Pvt Ltd
Employment history and EPFO contributions of people linked to Combine Sales.
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.
GST Compliance of Combine Sales Pvt Ltd
Combine Sales has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCC3953G1ZZ | Madhya Pradesh | Active | 12 Nov 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.
Credit Ratings, Litigation & Regulatory Alerts for Combine Sales Pvt Ltd
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.
MSME Payment Delays by Combine Sales Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Combine Sales Pvt Ltd
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.
MCA Filings & Documents of Combine Sales Pvt Ltd
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.
Recent Activity on Combine Sales Pvt Ltd
Frequently Asked Questions about Combine Sales Pvt Ltd
Combine Sales is an active private limited company based in Indore, Madhya Pradesh, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 11 April 1989 (37+ years old) and is registered under CIN U70100MP1989PTC005196.
Combine Sales reported revenue of ₹3.65 Cr for FY 2025 (up 39% YoY).
Combine Sales has 3 current directors:
- Nusyl Kapadia - Managing Director
- Bharat Kapadia - Whole-Time Director
- Bhawna Kapadia - Whole-Time Director
Combine Sales reported a net profit of ₹16.51 Lakh (net margin 4.5%) and EBITDA of ₹38.87 Lakh (EBITDA margin 10.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Combine Sales is 452% over three years and 110% over five years. In the latest year (FY 2025) revenue rose 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Combine Sales is 23AABCC3953G1ZZ, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Combine Sales is U70100MP1989PTC005196. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Combine Sales was incorporated on 11 April 1989, making it 37+ years old. It is registered with the Registrar of Companies, Gwalior.
The registered office of Combine Sales is at Apollo Tower 2 M.G. Road, Indore, Madhya Pradesh, India – 452001.