Dharmesh Silk Mills Private Limited
About Dharmesh Silk Mills Private Limited
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Dharmesh Silk Mills Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 November 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17116GJ1985PTC008256. Its GSTIN is 24AAACD8300M1ZT (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.61 Lakh. It is led by directors Naresh Bhogilal Lavangwala and Karmesh Nareshbhai Lavangwala.
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 Bh Subjail Khatodara, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.16 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹33.65 Lakh (net margin 1.5%) and EBITDA of ₹74.36 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 7% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dharmesh Textiles. As per MCA filings, the company has open charges of ₹26.44 Lakh and satisfied charges of ₹1.31 Cr on record. Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dharmesh Silk Mills Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressBh Subjail Khatodara, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Dharmesh Silk Mills Private Limited, 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
Brands
Dharmesh Silk Mills operates one associated brand: Dharmesh Textiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality carpets and textiles for various applications. | dharmeshtextiles.com |
Business activity
The main business activity of Dharmesh Silk Mills 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 Dharmesh Silk Mills Private Limited, buy the company report.
Financials of Dharmesh Silk Mills Private Limited
FY 2025 filings availableDharmesh Silk Mills Private Limited reported revenue of ₹22.16 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹74.36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.65 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Dharmesh Silk Mills Private Limited, buy the company report.
Board of directors of Dharmesh Silk Mills Private Limited
Dharmesh Silk Mills has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Bhogilal Lavangwala | Director | 15 Nov 1985 | 40 Years 11 Months | Current |
| Karmesh Nareshbhai Lavangwala | Director | 24 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
Dharmesh Silk Mills Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Surya Processors Private Limited | ₹22.27 Cr (FY 2025) | 72.0% | Delhi, India | |||
| Veer Vasu Exports Private Limited | ₹22.26 Cr (FY 2024) | 14.0% | New Delhi, Delhi, India | |||
| Maturha Cotspinn Private Limited | ₹22.2 Cr (FY 2018) | -13.0% | Tamil Nadu, India | |||
| Dharmesh Silk Mills Private Limitedthis company | ₹22.16 Cr (FY 2025) | ₹33.65 Lakh | 1.5% | -5.0% | Surat, Gujarat, India | |
| Ashoka Multiyarn Mills Limited | ₹22.14 Cr (FY 2017) | -59.0% | Jaipur, Rajasthan, India | |||
| Sitaram Silk Mills Private Limited | ₹22.13 Cr (FY 2025) | 23.0% | Burhanpur, Madhya Pradesh, India |
To see the full peer comparison of Dharmesh Silk Mills Private Limited, buy the company report.
Auditor
Dharmesh Silk Mills Private Limited is audited by C. SUKHADIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. SUKHADIA & CO. | FY 2023 | 125385W |
Shareholding
The shareholding of Dharmesh Silk Mills 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 Dharmesh Silk Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2025 | 101134932 | The Kalupur Commercial Co-Operative Bank Limited | ₹13.5 Lakh | Open | |
| 27 May 2022 | 100590989 | Others | ₹7.99 Lakh | Open | |
| 03 May 1995 | 90096207 | Gujarat Gas Financial Services Ltd. | ₹4.95 Lakh | Open | |
| 23 Jul 2014 | 10519038 | The Kalupur Commercial Co.Op. Bank Ltd | ₹21.5 Lakh | Satisfied | |
| 23 Jul 2014 | 10519235 | The Kalupur Commercial Co-Operative Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Dharmesh Silk Mills Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Dharmesh Silk Mills Private Limited has 14 court cases on record: 5 filed by Dharmesh Silk Mills, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 7 | 0 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (EXE SM) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against Union of India and 1 other | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Central Excise& Customs | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
| High Court, GUJARAT | Court case (CR.A) | Filed against the company by an individual | Disposed |
To see the full case history of Dharmesh Silk Mills 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
Dharmesh Silk Mills Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 113 overdue payments to 74 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 74)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Colourtex Industries Private Limited | |||
| an individual supplier | |||
| R J Group &Co | |||
| an individual supplier |
To see the full MSME payment records of Dharmesh Silk Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Dharmesh Silk Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD8300M1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dharmesh Silk Mills Private Limited, buy the company report.
Recent activity
Dharmesh Silk Mills Private Limited has 6 board changes on record since 1985: 4 appointments and 2 cessations. The latest: Bhogilal Krishnaram Lavangwala ceased to be Director on 17 Dec 2024.
26 earlier events are in the company report.
Frequently asked questions
Dharmesh Silk Mills is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 November 1985 (41+ years old) and is registered under CIN U17116GJ1985PTC008256.
Dharmesh Silk Mills has 2 current directors:
- Naresh Bhogilal Lavangwala - Director
- Karmesh Nareshbhai Lavangwala - Director
The latest financial statements of Dharmesh Silk Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dharmesh Silk Mills is 24AAACD8300M1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Dharmesh Silk Mills is U17116GJ1985PTC008256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dharmesh Silk Mills has 14 court cases on record: 5 filed by the company and 9 filed against it. Most are in the high courts.
Dharmesh Silk Mills was incorporated on 08 November 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Dharmesh Silk Mills by revenue are Surya Processors Private Limited, Veer Vasu Exports Private Limited, Maturha Cotspinn Private Limited, Ashoka Multiyarn Mills Limited, Sitaram Silk Mills Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Bhogilal Krishnaram Lavangwala ceased to be Director on 17 Dec 2024. Dharmesh Bhogilal Lavangwala ceased to be Director on 04 Sep 2018. Karmesh Nareshbhai Lavangwala was appointed as Director on 24 Jan 2014. Dharmesh Silk Mills has 6 board changes on record in total.
Dharmesh Silk Mills has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 113 overdue payments to 74 micro and small suppliers. The latest return was filed on 17 Jun 2019.
The registered office of Dharmesh Silk Mills is at Bh Subjail Khatodara, Surat, Gujarat, India – 395002.
Dharmesh Silk Mills operates in the manufacturing industry, in the textile and fabric production segment.
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