Diamond Textile Mills Private Limited

Diamond Textile Mills Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U17120GJ1978PTC050552 Incorporated 07 December 1978 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2023
₹152.45 Cr
▼ 34% YoY
Net loss · FY 2023
₹4.67 Cr
Net margin -3.1%
EBITDA · FY 2023
-₹10.8 Cr
EBITDA margin -7.1%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹37.4 Cr
Issued & subscribed
Open charges
₹113.73 Cr
Satisfied ₹23.93 Cr
Company age
48 yrs
Est. 1978
Directors on board
3
As per MCA filings

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 U17120GJ1978PTC050552
Registration Number 050552
Incorporation Date 07 December 1978
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0182376

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.

CINStatus
U17120GJ1978PTC050552Current
U17120MH1978PTC020828Previous

Recognitions & Rankings of Diamond Textile Mills

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0182376

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 Address
    210 Nikol Road Opp. Thakkarbapa Nagar, Ahmedabad, Gujarat, India – 382350
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Diamond Textile Mills Private Limited, buy the company report.

Comprehensive company report
Diamond Textile Mills Private Limited - one report that includes everything
  • 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
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Brands

Diamond Textile Mills operates one associated brand: Diamond Textile Mills. Each brand links to its own profile.

BrandDescriptionWebsite
Textile manufacturing, including spinning, weaving, processing, and embroidery in India.dtmpl.com

Financials of Diamond Textile Mills Private Limited

FY 2023 filings available

Diamond Textile Mills Private Limited reported revenue of ₹152.45 Cr (down 34% YoY) for FY 2023.

Revenue · FY 2023
₹152.45 Cr ▼ 34%
Net loss · FY 2023
₹4.67 Cr margin -3.1%
EBITDA · FY 2023
-₹10.8 Cr margin -7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 12%
5 years · compounded
▼ 5%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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)
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

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Narendra Maganlal PatelDirector25 Feb 198145 Years 8 MonthsCurrent
Rajendra Rajnikant PatelDirector13 Sep 199630 Years 1 MonthsCurrent
Dhruv Narendrabhai PatelManaging Director02 Jul 200719 Years 4 MonthsCurrent

Auditor

Diamond Textile Mills Private Limited is audited by DEVAGNAYA R. SHAH & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DEVAGNAYA R. SHAH & ASSOCIATESFY 2023132312w

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 categoryFY 2022FY 2021FY 2020FY 2019FY 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

Open charges
₹113.73 Cr
Satisfied charges
₹23.93 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹94.20 Cr
Others₹19.47 Cr
Anz Grindlays Bank Ltd₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jun 2022100588084Others₹5.2 CrOpen
24 May 2022100579142Hdfc Bank Limited₹42.1 CrOpen
16 Mar 2022100555411Hdfc Bank Limited₹3.8 CrOpen
27 Sep 2021100491490Hdfc Bank Limited₹36.4 CrOpen
19 Jun 2020100342022Others₹14.27 CrOpen

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.

Total deals
19
Secondary share transfers
14
Funding rounds
5
Disclosed funding
₹32.78 Cr

Deals on record (5 of 19)

WhenDealAmountParties
Mar 2022Secondary share transferUndisclosedSeller: an individual
Nov 2020Secondary share transferUndisclosedBuyer: an individual
Seller: Rajendrabhai R Patel HUF
Mar 2020Secondary share transferUndisclosedSeller: Rajendrabhai R Patel HUF, 3 individuals
Jul 2019Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Mar 2018Secondary share transferUndisclosedSeller: 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.

Credit ratings & regulatory alerts

Diamond Textile Mills Private Limited was last rated by Brickwork on 07 Aug 2019.

Rating agencyRated onRating
Brickwork07 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.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAACD3997L1ZAGujaratActive01 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.

AGM
Diamond Textile Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 42.10 Cr registered on 24 May 2022 with Charge ID 100579142 was modified on 15 May 2023.
Filing
Diamond Textile Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 14.27 Cr registered on 19 Jun 2020 with Charge ID 100342022 was modified on 26 Sep 2022.
Charges
A charge with Others amounted to Rs. 5.20 Cr with Charge ID 100588084 was registered on 30 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 42.10 Cr with Charge ID 100579142 was registered on 24 May 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 1.90 Cr registered on 03 Sep 2011 with Charge ID 10309252 was modified on 13 May 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.80 Cr with Charge ID 100555411 was registered on 16 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 36.40 Cr with Charge ID 100491490 was registered on 27 Sep 2021.
Charges
A charge with Others amounted to Rs. 14.27 Cr with Charge ID 100342022 was registered on 19 Jun 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100273040 was registered on 31 May 2019.
Ceased
Rajendra Rajnikant Patel ceased to be Whole-Time Director.

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:

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).