Daswani Shirts Pvt Ltd
About Daswani Shirts Pvt Ltd
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Daswani Shirts Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 15 December 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1983PTC031571. Its GSTIN is 27AABCD2244F1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yohan Raju Daswani and Raju Arjan Daswani.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Joyden 4th Floor21 Merry Weather Road, Mumbai, Maharashtra, India – 400039.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.07 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹1.68 Lakh (net margin -4.4%) and EBITDA of ₹4.43 Lakh (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 4% over five years.
The company has 2 deals on record (2 secondary share transfers); the latest was in March 2013. Its 7 peer companies in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 3 smaller; the largest is Devendra Garments and Exim Pvt Ltd with revenue of ₹38.8 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Daswani Shirts Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressJoyden 4th Floor21 Merry Weather Road, Mumbai, Maharashtra, India – 400039
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Daswani Shirts Pvt Ltd, 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 Daswani Shirts 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 Daswani Shirts Pvt Ltd, buy the company report.
Financials of Daswani Shirts Pvt Ltd
FY 2025 filings availableDaswani Shirts Pvt Ltd reported revenue of ₹38.07 Lakh (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 69% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.43 Lakh | ||||
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| Net Profit (PAT) | -₹1.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | -4.4% | ||||
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To see the full financial statements and ratios of Daswani Shirts Pvt Ltd, buy the company report.
Board of directors of Daswani Shirts Pvt Ltd
Daswani Shirts has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yohan Raju Daswani | Director | 12 Sep 2013 | 13 Years 1 Months | Current |
| Raju Arjan Daswani | Director | 01 Sep 1994 | 32 Years 1 Months | Current |
Peer comparison
Daswani Shirts Pvt Ltd is compared with the 7 companies closest to it by revenue in the Apparel industry (Branded Wear), 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 |
|---|---|---|---|---|---|---|
| Devendra Garments and Exim Pvt Ltd | ₹38.8 Lakh (FY 2016) | 2718.0% | Ahmedabad, Gujarat, India | |||
| Clorissa Paradise Private Limited | ₹38.71 Lakh (FY 2023) | New Delhi, Delhi, India | ||||
| Tushya Overseas Private Limited | ₹38.56 Lakh (FY 2022) | -17.0% | Chenai, Tamil Nadu, India | |||
| Sehej Saraa Fashion Private Limited | ₹38.37 Lakh (FY 2024) | 119.0% | Mumbai, Maharashtra, India | |||
| Daswani Shirts Pvt Ltdthis company | ₹38.07 Lakh (FY 2024) | -₹1.68 Lakh | -4.4% | -19.0% | Mumbai, Maharashtra, India | |
| Hanu Creation Private Limited | ₹37.6 Lakh (FY 2024) | -83.0% | Surat, Gujarat, India | |||
| Monisha & Shweta Luxe Design Private Limited | ₹36.8 Lakh (FY 2023) | -8.0% | Mumbai, Maharashtra, India | |||
| PBG Fabrics Private Limited | ₹36.76 Lakh (FY 2016) | 59.0% | Delhi, India |
To see the full peer comparison of Daswani Shirts Pvt Ltd, buy the company report.
Auditor
Daswani Shirts Pvt Ltd is audited by CHANDABHOY & JASSOOBHOY for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDABHOY & JASSOOBHOY | FY 2016 | 101647W |
Shareholding
The shareholding of Daswani Shirts Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Daswani Shirts Pvt Ltd, buy the company report.
Deals & funding
Daswani Shirts Pvt Ltd has 2 deals on record (2 secondary share transfers); the latest was in March 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Daswani Shirts Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Daswani Shirts Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Daswani Shirts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD2244F1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Daswani Shirts Pvt Ltd, buy the company report.
Recent activity
Daswani Shirts Pvt Ltd has 5 board changes on record since 1994: 2 appointments and 3 cessations. The latest: Esther Raju Daswani ceased to be Director on 09 Mar 2024.
Frequently asked questions
Daswani Shirts is an active private limited company based in Mumbai, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 15 December 1983 (43+ years old) and is registered under CIN U18101MH1983PTC031571.
Daswani Shirts has 2 current directors:
- Yohan Raju Daswani - Director
- Raju Arjan Daswani - Director
The latest financial statements of Daswani Shirts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Daswani Shirts is 27AABCD2244F1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Daswani Shirts is U18101MH1983PTC031571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daswani Shirts was incorporated on 15 December 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Daswani Shirts has 2 deals on record (2 secondary share transfers); the latest was in March 2013.
The peers of Daswani Shirts by revenue are Devendra Garments and Exim Pvt Ltd, Clorissa Paradise Private Limited, Tushya Overseas Private Limited, Sehej Saraa Fashion Private Limited, Hanu Creation Private Limited and 2 more, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Esther Raju Daswani ceased to be Director on 09 Mar 2024. Yohan Raju Daswani was appointed as Director on 12 Sep 2013. Sita Arjan Daswani ceased to be Director on 12 Apr 2013. Daswani Shirts has 5 board changes on record in total.
The registered office of Daswani Shirts is at Joyden 4th Floor21 Merry Weather Road, Mumbai, Maharashtra, India – 400039.
Daswani Shirts operates in the fashion and textile industry, in the designer and branded fashion segment.
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