MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-GJ-22-0037432
Cubatics Industries Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹195.13 Cr
▲ 21% YoY
Net profit · FY 2023
₹6.13 Cr
Net margin 3.1%
EBITDA · FY 2023
₹21.36 Cr
EBITDA margin 10.9%
Authorised capital
₹20.35 Cr
Registered with MCA
Paid-up capital
₹20.35 Cr
Issued & subscribed
Open charges
₹116.8 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
20
Provident fund records
About Cubatics Industries Private Limited
Data last updated:
Cubatics Industries 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 11 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17291MH2014PTC254110. Its GSTIN is 27AAFCC6368M1Z3 (Maharashtra). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹20.35 Cr and a paid-up capital of ₹20.35 Cr. It is led by directors Rakesh Sarawgi and Parwat Shekhawat.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B/1006 – 1007 Express Zone Western Express Highway Near Patel Uanika Malad (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2023, the company reported a revenue of ₹195.13 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹6.13 Cr (net margin 3.1%) and EBITDA of ₹21.36 Cr (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 32% over five years.
The company has about 20 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Cubaticsgroup. As per MCA filings, the company has open charges of ₹116.8 Cr on record. Court records list 52 cases involving the company, including 4 filed by the company and 48 filed against it; 21 cases are pending. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹17.99 Cr; the latest was in August 2018. Its 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 4 smaller; the largest is Pongalur Pioneer Textiles Private Limited with revenue of ₹267.54 Cr. The company has 2 MSME Form 1 returns on record between 2018 and 2019, listing 344 overdue payments to 23 micro and small suppliers.
Cubatics Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0037432). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cubaticsindustries.in.
Company details
CIN U17291MH2014PTC254110
Registration Number 254110
Incorporation Date 11 March 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0037432
Key People
Rakesh Sarawgi Director Parwat Shekhawat Director Recognitions & Rankings of Cubatics Industries
Contact details
Cubatics Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is cubaticsindustries.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB/1006 – 1007 Express Zone Western Express Highway Near Patel Uanika Malad (East), Mumbai, Maharashtra, India – 400063
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Cubatics Industries Private Limited, buy the company report.
Comprehensive company report
Cubatics Industries Private Limited - one report that includes everything
- 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
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Brands
Cubatics Industries operates one associated brand: Cubaticsgroup. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| cubaticsgroup.com |
Business activity
The main business activity of Cubatics Industries 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 Cubatics Industries Private Limited, buy the company report.
Financials of Cubatics Industries Private Limited
FY 2023 filings availableCubatics Industries Private Limited reported revenue of ₹195.13 Cr (up 21% YoY) for FY 2023.
Revenue · FY 2023
₹195.13 Cr ▲ 21%
Net profit · FY 2023
₹6.13 Cr margin 3.1%
EBITDA · FY 2023
₹21.36 Cr margin 10.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 25%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 7%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 21% growth in the latest year. EBITDA fell 40% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹195.13 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹21.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.13 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | 3.1% | ||||
| 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 Cubatics Industries Private Limited, buy the company report.
Board of directors of Cubatics Industries Private Limited
Cubatics Industries has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Sarawgi Also directs: Cubatics Texfab Private Limited, Cubatics Knitting Private Limited, Cubatics Prrocessors Private Limited and 3 more | Director | 11 Mar 2014 | 12 Years 7 Months | Current |
| Parwat Shekhawat Also directs: Kaladhar Research & Development Private Limited | Director | 31 Jan 2024 | 2 Years 8 Months | Current |
Peer comparison
Cubatics Industries Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Pongalur Pioneer Textiles Private Limited | ₹267.54 Cr (FY 2025) | 10.0% | Coimbatore, Tamil Nadu, India | |||
| Arunachala Gounder Textile Mills Private Limited | ₹267.5 Cr (FY 2025) | 6.0% | Namakkal, Tamil Nadu, India | |||
| The Ruby Mills Limited | ₹267.14 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| NRV Yarns Private Limited | ₹266.76 Cr (FY 2025) | 28.0% | Jasdan, Gujarat, India | |||
| Panorama Exports Pvt Ltd | ₹265.77 Cr (FY 2025) | 74.0% | New Delhi, Delhi, India | |||
| Arvind Cotsyn India Ltd | ₹263.56 Cr (FY 2025) | -8.0% | Ichalkaranji, Maharashtra, India | |||
| SRV Polytex Private Limited | ₹261.93 Cr (FY 2025) | 156.0% | Mumbai, Maharashtra, India | |||
| Quality Exim Private Limited | ₹260.69 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Cotton Blossom India Private Limited | ₹260.68 Cr (FY 2025) | 13.0% | Tirupur, Tamil Nadu, India | |||
| Cubatics Industries Private Limitedthis company | ₹195.13 Cr (FY 2023) | ₹6.13 Cr | 3.1% | 21.0% | 20 | Mumbai, Maharashtra, India |
To see the full peer comparison of Cubatics Industries Private Limited, buy the company report.
Auditor
Cubatics Industries Private Limited is audited by SHALINI & SANDIP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHALINI & SANDIP | FY 2023 | 0133291W |
Shareholding
The shareholding of Cubatics Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cubatics Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹116.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2022 | 100536541 | Others | ₹30 Cr | Open | |
| 20 Dec 2021 | 100519598 | Axis Bank Limited | ₹15.5 Cr | Open | |
| 12 Nov 2021 | 100511726 | Hdfc Bank Limited | ₹22.12 Cr | Open | |
| 22 Oct 2021 | 100501021 | Others | ₹3 Cr | Open | |
| 01 Jun 2021 | 100479995 | Others | ₹3 Cr | Open |
To see the full charge records of Cubatics Industries Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Cubatics Industries Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹17.99 Cr; the latest was in August 2018.
Total deals
3
Funding rounds
2
Rights issue
1
Disclosed funding
₹17.99 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Rights issue | ₹2.35 Cr | Investors: an individual |
| Mar 2018 | Funding round | ₹5 Cr | Investors: 2 individuals |
| Nov 2015 | Funding round | ₹12.99 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cubatics Industries Private Limited has 52 court cases on record: 4 filed by Cubatics Industries, 48 filed against it. 21 cases are pending and 31 are disposed.
Total cases
52
Filed by the company
4
Filed against the company
48
Pending
21
Disposed
31
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 47 | 21 |
| High courts | 3 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 52)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Messers Snur Textile Pvt. Ltd. and Ors. Through Its Director Rajeshbhai Arjandas Manvani and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by M/S. HDFC Bank Ltd | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Prakash Khammuram Bisnoi Poa of Adarsh Coalhub LLP | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Rajeshbhai Arjandas Manvani Director of M/S Snur Textile Pvt Ltd | Disposed |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Disposed |
To see the full case history of Cubatics Industries 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
Cubatics Industries Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 344 overdue payments to 23 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 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M B K Textile Engineers Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier | |||
| L S Auxi Chem Pvt Ltd | |||
| Aadinath Bearing |
To see the full MSME payment records of Cubatics Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Cubatics Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Cubatics Prrocessors India Private Limited | U17120GJ2008PTC052714 |
To see the full group structure of Cubatics Industries Private Limited, buy the company report.
Employees & EPFO
Cubatics Industries Private Limited has a workforce of 20 employees on its EPFO records as of Jun 03, 2025, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
-65.52%
GST
Cubatics Industries has 6 GST registrations: 2 active and 4 cancelled or inactive.
Total GSTINs
6
Active
2
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCC6368M1Z3 | Maharashtra | Active | 08 Jun 2018 |
| 24AAFCC6368M1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cubatics Industries Private Limited, buy the company report.
Recent activity
Cubatics Industries Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Parwat Shekhawat was appointed as Director on 31 Jan 2024.
Appointed
Parwat Shekhawat was appointed as Director.
AGM
Cubatics Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Cubatics Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
A charge with Axis Bank Limited of Rs. 15.50 Cr registered on 20 Dec 2021 with Charge ID 100519598 was modified on 25 Mar 2022.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100536541 was registered on 24 Jan 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 15.50 Cr with Charge ID 100519598 was registered on 20 Dec 2021.
Charges
A charge with Others of Rs. 39.40 Cr registered on 08 Sep 2015 with Charge ID 10590094 was modified on 20 Nov 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 22.12 Cr registered on 12 Nov 2021 with Charge ID 100511726 was modified on 17 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.12 Cr with Charge ID 100511726 was registered on 12 Nov 2021.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100501021 was registered on 22 Oct 2021.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100479995 was registered on 01 Jun 2021.
Charges
A charge with Others amounted to Rs. 1.90 Cr with Charge ID 100412756 was registered on 09 Feb 2021.
10 earlier events are in the company report.
Frequently asked questions
Cubatics Industries 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 11 March 2014 (12+ years old) and is registered under CIN U17291MH2014PTC254110.
Cubatics Industries has 2 current directors:
- Rakesh Sarawgi - Director
- Parwat Shekhawat - Director
The latest financial statements of Cubatics Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Cubatics Industries is 27AAFCC6368M1Z3, registered in Maharashtra. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 24AAFCC6368M1Z9 (Gujarat).
The CIN (Corporate Identification Number) of Cubatics Industries is U17291MH2014PTC254110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cubatics Industries has 52 court cases on record: 4 filed by the company and 48 filed against it. 21 are pending. Most are in the district courts.
Cubatics Industries was incorporated on 11 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Cubatics Industries has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹17.99 Cr; the latest was in August 2018.
The peers of Cubatics Industries by revenue are Pongalur Pioneer Textiles Private Limited, Arunachala Gounder Textile Mills Private Limited, The Ruby Mills Limited, NRV Yarns Private Limited, Panorama Exports Pvt Ltd and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Parwat Shekhawat was appointed as Director on 31 Jan 2024. Manisha Sarawagi ceased to be Additional Director on 29 Sep 2018. Bikash Sarawagi ceased to be Director on 09 Mar 2018. Cubatics Industries has 4 board changes on record in total.
Yes, Cubatics Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0037432).
Cubatics Industries has 2 MSME Form 1 returns on record between 2018 and 2019, listing 344 overdue payments to 23 micro and small suppliers. The latest return was filed on 08 Jun 2019.