About Dharmesh Textiles Limited
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Dharmesh Textiles Limited is a public limited company based in Darya Ganj, Delhi, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 09 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17297DL1998PLC307444. Its GSTIN is 07AABCD8025E1ZZ (Delhi). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹11.02 Cr. It was formerly known as Dharmesh Textiles Private Limited. It is led by directors including Dharmesh Shah (Managing Director) and Bhavya Shah (Whole-Time Director).
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 Prakash Chamber Flat No. 105 1st Floor 6 Netaji Subhash Marg, Darya Ganj, Delhi, India – 110002.
As per the financials filed for FY 2023, the company reported a revenue of ₹327.54 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹14.29 Cr (net margin 4.4%) and EBITDA of ₹25.02 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 23% over five years.
The company has about 202 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 ₹60.5 Cr and satisfied charges of ₹87.63 Cr on record. Court records list 16 cases involving the company, including 13 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nonwovencarpets.com.
Company details
CIN history
Dharmesh Textiles has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17297DL1998PLC307444, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17297DL1998PLC307444 | Current |
| U17297HR1998PLC033980 | Previous |
| U17297HR1998PTC033980 | Previous |
Contact details
Dharmesh Textiles Limited's registered office is in Darya Ganj, Delhi. Its website is nonwovencarpets.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPrakash Chamber Flat No. 105 1st Floor 6 Netaji Subhash Marg, Darya Ganj, Delhi, India – 110002
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Dharmesh Textiles 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 Textiles 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 |
Financials of Dharmesh Textiles Limited
FY 2024 filings availableDharmesh Textiles Limited reported revenue of ₹327.54 Cr (up 70% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 70% growth in the latest year. EBITDA rose 75% 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 | ₹327.54 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.29 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Dharmesh Textiles Limited, buy the company report.
Board of directors of Dharmesh Textiles Limited
Dharmesh Textiles has 7 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpender | Director | 04 Sep 2023 | 3 Years 1 Months | Current |
| Bhavya Shah Also directs: Floral Textiles Private Limited | Whole-Time Director | 04 Mar 2020 | 6 Years 7 Months | Current |
| Kuldeep Singh | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
| Raman Aggarwal | Director | 08 Mar 2017 | 9 Years 7 Months | Current |
| Ashmi Shah | Whole-Time Director | 18 Jan 2024 | 2 Years 9 Months | Current |
| Dharmesh Shah Also directs: Floral Textiles Private Limited, Mahanagar Promoters Private Limited, Ramayana Commercial Pvt Ltd and 4 more | Managing Director | 09 Jul 1998 | 28 Years 3 Months | Current |
Auditor
Dharmesh Textiles Limited is audited by MAHESH PREM GOYAL AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH PREM GOYAL AND CO | FY 2023 | 013762N |
Shareholding
The shareholding of Dharmesh Textiles 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 Textiles Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2024 | 100999299 | Axis Bank Limited | ₹45 Cr | Open | |
| 19 Aug 2013 | 10448057 | Axis Bank Limited | ₹50 Lakh | Open | |
| 29 Mar 2011 | 10287341 | Axis Bank Limited | ₹15 Cr | Open | |
| 29 Jun 2022 | 100595930 | Citi Bank N.A. | ₹10 Cr | Satisfied | |
| 29 Jun 2022 | 100595928 | Citi Bank N.A. | ₹10 Cr | Satisfied |
To see the full charge records of Dharmesh Textiles Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Dharmesh Textiles Limited has 16 court cases on record: 13 filed by Dharmesh Textiles, 3 filed against it. 1 case is pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 3 | 0 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhiwani, Haryana | Commercial suit | Filed by the company against L.R Interiors Pvt. Ltd. Through Vinay and 1 other | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against Union of India and Anr and 1 other | Pending |
| High Court, HARYANA | Writ petition | Filed by the company against Union of India and Anr and 1 other | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against Union of India and Others and 2 others | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Motor Vehicle Challan) | Filed against the company by Up State | Disposed |
To see the full case history of Dharmesh Textiles 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.
Credit ratings & regulatory alerts
Dharmesh Textiles Limited was last rated by Icra on 18 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 18 May 2022 |
To see the full credit ratings and regulatory alerts of Dharmesh Textiles Limited, buy the company report.
MSME payment delays
Dharmesh Textiles Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 744 overdue payments to 17 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 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Prima Chemicals | |||
| Filter Packs | |||
| Green Field Color Chem | |||
| High Grade Industries (India) Private Limited | |||
| Bansal Jindal & Goyal |
To see the full MSME payment records of Dharmesh Textiles Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Dharmesh Textiles Limited has a workforce of 202 employees on its EPFO records as of Apr 09, 2024, across 3 active EPFO establishments.
GST
Dharmesh Textiles has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCD8025E1ZZ | Delhi | Active | 29 Aug 2017 |
| 06AABCD8025E1Z1 | Haryana | Active | 01 Jul 2017 |
| 36AABCD8025E1ZY | Telangana | Active | 12 Aug 2017 |
| 26AABCD8025E1ZZ | Dadra and Nagar Haveli and Daman and Diu | Active | 12 Dec 2018 |
To see the full GST registrations and return filing status of Dharmesh Textiles Limited, buy the company report.
Recent activity
Dharmesh Textiles Limited has 20 board changes on record since 1998: 7 appointments and 13 cessations. The latest: Sourav ceased to be Additional Director on 29 Sep 2025.
49 earlier events are in the company report.
Frequently asked questions
Dharmesh Textiles is an active public limited company based in Darya Ganj, Delhi, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 09 July 1998 (28+ years old) and is registered under CIN U17297DL1998PLC307444.
Dharmesh Textiles has 7 current directors:
- Dharmesh Shah - Managing Director
- Bhavya Shah - Whole-Time Director
- Ashmi Shah - Whole-Time Director
- Pushpender - Director
- Kuldeep Singh - Director
- Raman Aggarwal - Director
- Sourav - Director
The latest financial statements of Dharmesh Textiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Dharmesh Textiles is 07AABCD8025E1ZZ, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 06AABCD8025E1Z1 (Haryana), 36AABCD8025E1ZY (Telangana), 26AABCD8025E1ZZ (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Dharmesh Textiles is U17297DL1998PLC307444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dharmesh Textiles has 16 court cases on record: 13 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Dharmesh Textiles was incorporated on 09 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
Sourav ceased to be Additional Director on 29 Sep 2025. Sourav was appointed as Director on 17 Mar 2025. Kuldeep Singh ceased to be Director on 30 Dec 2024. Dharmesh Textiles has 20 board changes on record in total.
Dharmesh Textiles has 13 MSME Form 1 returns on record between 2019 and 2023, listing 744 overdue payments to 17 micro and small suppliers. The latest return was filed on 06 Jan 2024.
Dharmesh Textiles can be reached through the website nonwovencarpets.com. Its registered office is in Darya Ganj, Delhi, India.
The registered office of Dharmesh Textiles is at Prakash Chamber Flat No. 105 1st Floor 6 Netaji Subhash Marg, Darya Ganj, Delhi, India – 110002.