Descent Thread Industries Private Limited
About Descent Thread Industries Private Limited
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Descent Thread Industries Private Limited is a private limited company based in Greater Noida, Uttar Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U17309UP2018PTC108157. Its GSTIN is 09AAGCD8597C1Z9 (Uttar Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Shaukeen Saifi and Aakil Ali.
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 E – 091 Site Epip Greater Noida Gautam Buddha Nagar, Uttar Pradesh, India – 201306.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.31 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹45,272 (net margin 0.3%) and EBITDA of ₹3.32 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years.
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- Registered AddressE – 091 Site Epip Greater Noida Gautam Buddha Nagar, Uttar Pradesh, India – 201306
- IndustryManufacturing, Textile & Fabric Production
- 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 Descent Thread Industries Private Limited
The main business activity of Descent Thread Industries 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.
Financials of Descent Thread Industries Private Limited FY 2025 filings available
Descent Thread Industries Private Limited reported revenue of ₹1.31 Cr (down 43% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Descent Thread Industries Private Limited
Revenue fell 43% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA rose 78% 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 Descent Thread Industries Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹45,272 | •••• | •••• | •••• | •••• |
| 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 Descent Thread Industries Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Descent Thread Industries are in the company report.
Financial statements from FY 2019
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.
Auditor Details of Descent Thread Industries Private Limited
Descent Thread Industries Private Limited is audited by SARABJOT KAUR & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SARABJOT KAUR & 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 Descent Thread Industries Private Limited
Descent Thread Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaukeen Saifi | Director | 09 Jul 2021 | 5 Years 2 Months | Current |
| Aakil Ali | Additional Director | 04 Feb 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Descent Thread Industries Private Limited
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 Descent Thread Industries Private Limited
Descent Thread Industries Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Descent Thread Industries Private Limited
Employment history and EPFO contributions of people linked to Descent Thread Industries.
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 Descent Thread Industries Private Limited
Descent Thread Industries Private Limited has 8 board changes on record since 2019: 3 appointments and 5 cessations. The latest: Aakil Ali was appointed as Additional Director on 04 Feb 2025.
Credit Ratings, Litigation & Regulatory Alerts for Descent Thread Industries Private Limited
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 Descent Thread Industries Private Limited
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 Descent Thread Industries Private Limited
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 Descent Thread Industries Private Limited
Descent Thread Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCD8597C1Z9 | Uttar Pradesh | Active | 06 Oct 2018 |
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 Descent Thread Industries Private Limited
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 Descent Thread Industries Private Limited
Descent Thread Industries is an active private limited company based in Greater Noida, Uttar Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U17309UP2018PTC108157.
Descent Thread Industries reported revenue of ₹1.31 Cr for FY 2023 (down 43% YoY).
Descent Thread Industries has 2 current directors:
- Shaukeen Saifi - Director
- Aakil Ali - Additional Director
Descent Thread Industries reported a net profit of ₹45,272 (net margin 0.3%) and EBITDA of ₹3.32 Lakh (EBITDA margin 2.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Descent Thread Industries is 38% over three years. In the latest year (FY 2023) revenue fell 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Descent Thread Industries is 09AAGCD8597C1Z9, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Descent Thread Industries is U17309UP2018PTC108157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Descent Thread Industries was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Aakil Ali was appointed as Additional Director on 04 Feb 2025. Mohd Shadab ceased to be Director on 04 Feb 2025. Mohd Shadab was appointed as Director on 28 Jun 2022. Descent Thread Industries has 8 board changes on record in total.
The registered office of Descent Thread Industries is at E – 091 Site Epip Greater Noida Gautam Buddha Nagar, Uttar Pradesh, India – 201306.