About Deesan Textile Research Association
Data last updated:
Deesan Textile Research Association is a private not for profit company based in Shirpur, Maharashtra, India. It operates in the social science research segment of the research and development sector. It was incorporated on 28 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73200MH2019NPL329884. Its GSTIN is 27AAHCD4034H1ZS (Maharashtra).
The company has an authorised share capital of ₹4.51 Cr and a paid-up capital of ₹4.3 Cr. It is led by directors including Sunil Motilal Mandora and Vijay Gopal Bhandari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gat No 24/ 3B Dahiwad, Shirpur, Maharashtra, India – 425405.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.15 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹5.15 Lakh (net margin -4.5%) and EBITDA of ₹73.71 Lakh (EBITDA margin 64%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deesantex.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGat No 24/ 3B Dahiwad, Shirpur, Maharashtra, India – 425405
- IndustryResearch & Development, Social Science Research
- 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 Deesan Textile Research Association
The main business activity of Deesan Textile Research Association is manufacturing. In detail, this covers manufacture of textiles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles | 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 Deesan Textile Research Association FY 2024 filings available
Deesan Textile Research Association reported revenue of ₹1.15 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Deesan Textile Research Association
Revenue rose 27% in the latest year. EBITDA rose 14% 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 Deesan Textile Research Association
| 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 | ₹73.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.15 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 Deesan Textile Research Association
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 64% | •••• | •••• | •••• | •••• |
| 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 Deesan Textile Research Association are in the company report.
Financial statements from FY 2020
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.
Board of Directors of Deesan Textile Research Association
Deesan Textile Research Association has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Motilal Mandora Also directs: Madhavan Texfab LLP, Param Tex Fab Private Limited, Lupine Textiles Private Limited and 5 more | Director | 01 Oct 2022 | 4 Years 0 Months | Current |
| Yogesh Narayan Bhandari | Additional Director | 01 Oct 2022 | 4 Years 0 Months | Current |
| Vijay Gopal Bhandari Also directs: Madhavan Texfab LLP, Nutrishia Foods Producer Company Limited, Aadheesh Texfab Private Limited and 4 more | Director | 28 Aug 2019 | 7 Years 1 Months | Current |
| Pankil Balendrabhai Amin Also directs: Autoriders Finance Limited, Autoriders International Limited, Bhushit Textiles Private Limited and 5 more | Additional Director | 01 Oct 2022 | 4 Years 0 Months | Current |
| Anuj Radheshyam Dayama Also directs: Carnation Texfab Private Limited, Cherry Blossom Texfab Private Limited, Surabhi Cotex Private Limited and 3 more | Additional Director | 01 Oct 2022 | 4 Years 0 Months | Current |
Peer Comparison of Deesan Textile Research Association
Deesan Textile Research Association is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unimax India Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | 433.0% | •••• | Mumbai, Maharashtra, India |
| Hawk Eye Certifications Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 389.0% | •••• | Delhi, India |
| Transinterface Digiserv Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bassein, Maharashtra, India |
| Decormyplace Home Decors Private Limited | ₹1.15 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Pune, Maharashtra, India |
| TSK Engineers Private Limited | ₹1.15 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Chennai, Tamil Nadu, India |
| Deesan Textile Research Association this company | ₹1.15 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Shirpur, Maharashtra, India |
| Poovathingal Assay and Halmarking Centre Private Limited | ₹1.15 Cr (FY 2024) | •••• | •••• | -46.0% | •••• | Thrissur, Kerala, India |
| Spatial Geotech Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Basic Paradigm Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Delhi, India |
| Devang Consultancy Services Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Kolkata, West Bengal, India |
| Hym International Certifications Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Deesan Textile Research Association by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Deesan Textile Research Association
Deesan Textile Research Association is audited by S. V. Rathi & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. V. Rathi & 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.
Ownership and Shareholding of Deesan Textile Research Association
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 Deesan Textile Research Association
Deesan Textile Research Association does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Deesan Textile Research Association
Employment history and EPFO contributions of people linked to Deesan Textile Research Association.
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.
Recent Activity on Deesan Textile Research Association
Deesan Textile Research Association has 6 board changes on record since 2019: 5 appointments and 1 cessation. The latest: Janak Patel ceased to be Director on 03 Oct 2022.
Credit Ratings, Litigation & Regulatory Alerts for Deesan Textile Research Association
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 Deesan Textile Research Association
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
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Subsidiaries & Group Companies of Deesan Textile Research Association
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 Deesan Textile Research Association
Deesan Textile Research Association has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCD4034H1ZS | Maharashtra | Active | 25 Jan 2023 |
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 Deesan Textile Research Association
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 Deesan Textile Research Association
Deesan Textile Research Association is an active private not for profit company based in Shirpur, Maharashtra, India. The company works in social science research, within the research and development industry. It was incorporated on 28 August 2019 (7+ years old) and is registered under CIN U73200MH2019NPL329884.
Deesan Textile Research Association reported revenue of ₹1.15 Cr for FY 2025 (up 27% YoY).
Deesan Textile Research Association has 5 current directors:
- Sunil Motilal Mandora - Director
- Yogesh Narayan Bhandari - Additional Director
- Vijay Gopal Bhandari - Director
- Pankil Balendrabhai Amin - Additional Director
- Anuj Radheshyam Dayama - Additional Director
Deesan Textile Research Association reported a net loss of ₹5.15 Lakh (net margin -4.5%) and EBITDA of ₹73.71 Lakh (EBITDA margin 64%) for FY 2025, as per its filed financial statements.
The GSTIN of Deesan Textile Research Association is 27AAHCD4034H1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Deesan Textile Research Association is U73200MH2019NPL329884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deesan Textile Research Association was incorporated on 28 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Deesan Textile Research Association by revenue are Unimax India Private Limited, Hawk Eye Certifications Private Limited, Transinterface Digiserv Private Limited, Decormyplace Home Decors Private Limited, TSK Engineers Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Janak Patel ceased to be Director on 03 Oct 2022. Anuj Radheshyam Dayama was appointed as Additional Director on 01 Oct 2022. Pankil Balendrabhai Amin was appointed as Additional Director on 01 Oct 2022. Deesan Textile Research Association has 6 board changes on record in total.
Deesan Textile Research Association can be reached through the website deesantex.in. Its registered office is in Shirpur, Maharashtra, India.
The registered office of Deesan Textile Research Association is at Gat No 24 3B Dahiwad, Shirpur, Maharashtra, India – 425405.