- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0182376

About Diamond Textile Mills Private Limited
Data last updated:
Diamond Textile Mills Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 December 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ1978PTC050552. Its GSTIN is 24AAACD3997L1ZA (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹37.4 Cr. It is led by directors including Dhruv Narendrabhai Patel (Managing Director) and Narendra Maganlal Patel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 210 Nikol Road Opp. Thakkarbapa Nagar, Ahmedabad, Gujarat, India – 382350.
As per the financials filed for FY 2023, the company reported a revenue of ₹152.45 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹4.67 Cr (net margin -3.1%) and EBITDA of -₹10.8 Cr (EBITDA margin -7.1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 5% over five years.
The company is associated with 1 brand: Diamond Textile Mills. As per MCA filings, the company has open charges of ₹113.73 Cr and satisfied charges of ₹23.93 Cr on record. Court records list 86 cases involving the company, including 59 filed by the company and 27 filed against it; 8 cases are pending. The company has 19 deals on record (14 secondary share transfers, 5 funding rounds), with disclosed funding of ₹32.78 Cr; the latest was in March 2022.
Diamond Textile Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0182376). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dtmpl.com.
Company details
CIN history
Diamond Textile Mills has one previous CIN (Corporate Identification Number): U17120MH1978PTC020828. The current CIN is U17120GJ1978PTC050552, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120GJ1978PTC050552 | Current |
| U17120MH1978PTC020828 | Previous |
Recognitions & Rankings of Diamond Textile Mills
Contact details
Diamond Textile Mills Private Limited's registered office is in Ahmedabad, Gujarat. Its website is dtmpl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address210 Nikol Road Opp. Thakkarbapa Nagar, Ahmedabad, Gujarat, India – 382350
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Diamond Textile 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
Diamond Textile Mills operates one associated brand: Diamond Textile Mills. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textile manufacturing, including spinning, weaving, processing, and embroidery in India. | dtmpl.com |
Financials of Diamond Textile Mills Private Limited
FY 2023 filings availableDiamond Textile Mills Private Limited reported revenue of ₹152.45 Cr (down 34% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 34% fall 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 | ₹152.45 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.67 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | -7.1% | ||||
| Net Profit Margin | -3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Diamond Textile Mills Private Limited, buy the company report.
Board of directors of Diamond Textile Mills Private Limited
Diamond Textile Mills has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Maganlal Patel Also directs: Aarya Fash Tex Private Limited, Diamond Texworld Private Limited | Director | 25 Feb 1981 | 45 Years 8 Months | Current |
| Rajendra Rajnikant Patel Also directs: DTM Developers LLP | Director | 13 Sep 1996 | 30 Years 1 Months | Current |
| Dhruv Narendrabhai Patel Also directs: Aarya Fash Tex Private Limited, Diamond Texworld Private Limited, DTM Developers LLP and 5 more | Managing Director | 02 Jul 2007 | 19 Years 4 Months | Current |
Auditor
Diamond Textile Mills Private Limited is audited by DEVAGNAYA R. SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVAGNAYA R. SHAH & ASSOCIATES | FY 2023 | 132312w |
Shareholding
The shareholding of Diamond Textile Mills Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Diamond Textile Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2022 | 100588084 | Others | ₹5.2 Cr | Open | |
| 24 May 2022 | 100579142 | Hdfc Bank Limited | ₹42.1 Cr | Open | |
| 16 Mar 2022 | 100555411 | Hdfc Bank Limited | ₹3.8 Cr | Open | |
| 27 Sep 2021 | 100491490 | Hdfc Bank Limited | ₹36.4 Cr | Open | |
| 19 Jun 2020 | 100342022 | Others | ₹14.27 Cr | Open |
To see the full charge records of Diamond Textile Mills Private Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Diamond Textile Mills Private Limited has 19 deals on record (14 secondary share transfers, 5 funding rounds), with disclosed funding of ₹32.78 Cr; the latest was in March 2022.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: an individual |
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Rajendrabhai R Patel HUF |
| Mar 2020 | Secondary share transfer | Undisclosed | Seller: Rajendrabhai R Patel HUF, 3 individuals |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
To see the full deal history of Diamond Textile Mills Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Diamond Textile Mills Private Limited has 86 court cases on record: 59 filed by Diamond Textile Mills, 27 filed against it. 8 cases are pending and 78 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 52 | 10 | 6 |
| District courts | 33 | 16 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 86)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by Reliance General Insurance Co. Ltd. | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Regional Provident Fund Commissioner-Ii, Employees Provident Fund Organization | Pending |
| District court, Ahmedabad, Gujarat | Court case (RECO33C 2 LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Pending |
To see the full case history of Diamond Textile 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.
Credit ratings & regulatory alerts
Diamond Textile Mills Private Limited was last rated by Brickwork on 07 Aug 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 07 Aug 2019 |
To see the full credit ratings and regulatory alerts of Diamond Textile Mills Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Diamond Textile Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Diamond Textile Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD3997L1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Diamond Textile Mills Private Limited, buy the company report.
Recent activity
Diamond Textile Mills Private Limited has 6 board changes on record since 1981: 3 appointments and 3 cessations. The latest: Rajendra Rajnikant Patel ceased to be Whole-Time Director on 15 Mar 2017.
55 earlier events are in the company report.
Frequently asked questions
Diamond Textile Mills is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 December 1978 (48+ years old) and is registered under CIN U17120GJ1978PTC050552.
Diamond Textile Mills has 3 current directors:
- Dhruv Narendrabhai Patel - Managing Director
- Narendra Maganlal Patel - Director
- Rajendra Rajnikant Patel - Director
The latest financial statements of Diamond Textile Mills on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Diamond Textile Mills is 24AAACD3997L1ZA, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Diamond Textile Mills is U17120GJ1978PTC050552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diamond Textile Mills has 86 court cases on record: 59 filed by the company and 27 filed against it. 8 are pending. Most are in the high courts.
Diamond Textile Mills was incorporated on 07 December 1978, making it 48+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Diamond Textile Mills has 19 deals on record (14 secondary share transfers, 5 funding rounds), with disclosed funding of ₹32.78 Cr; the latest was in March 2022.
Rajendra Rajnikant Patel ceased to be Whole-Time Director on 15 Mar 2017. Dhruv Narendrabhai Patel ceased to be Whole-Time Director on 27 Dec 2015. Dhruv Narendrabhai Patel was appointed as Managing Director on 02 Jul 2007. Diamond Textile Mills has 6 board changes on record in total.
Yes, Diamond Textile Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0182376).

