Digvijay Textiles Private Limited
About Digvijay Textiles Private Limited
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Digvijay Textiles Private Limited is a private limited company based in Ichalkaranji, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 15 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17111MH1988PTC046538. Its GSTIN is 27AAACD6872G1ZJ (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Sanjaykumar Surendrakumar Chandak and Vijaykumar Surendrakumar Chandak.
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 Gat No. 522/12 H. No. 15 Laykar Mala, Ichalkaranji, Maharashtra, India – 416115.
As per the financials filed for FY 2023, the company reported a revenue of ₹43.29 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹22.77 Lakh (net margin -52.6%) and EBITDA of -₹12.02 Lakh (EBITDA margin -27.8%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 38% over five years.
As per MCA filings, the company has open charges of ₹1.65 Cr and satisfied charges of ₹1.04 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Digvijay Textiles Private Limited's registered office is in Ichalkaranji, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGat No. 522/12 H. No. 15 Laykar Mala, Ichalkaranji, Maharashtra, India – 416115
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Digvijay Textiles 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
Business activity
The main business activity of Digvijay Textiles 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 Digvijay Textiles Private Limited, buy the company report.
Financials of Digvijay Textiles Private Limited
FY 2023 filings availableDigvijay Textiles Private Limited reported revenue of ₹43.29 Lakh (down 82% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 82% fall in the latest year. EBITDA rose 9% 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 |
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| EBITDA | -₹12.02 Lakh | ||||
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| Net Profit (PAT) | -₹22.77 Lakh | ||||
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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 | -27.8% | ||||
| Net Profit Margin | -52.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Digvijay Textiles Private Limited, buy the company report.
Board of directors of Digvijay Textiles Private Limited
Digvijay Textiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjaykumar Surendrakumar Chandak | Director | 15 Mar 1988 | 38 Years 7 Months | Current |
| Vijaykumar Surendrakumar Chandak | Additional Director | 25 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Digvijay Textiles Private Limited is audited by S N RANDAR AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N RANDAR AND ASSOCIATES | FY 2017 | 129022W |
Shareholding
The shareholding of Digvijay Textiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Digvijay Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 1997 | 90093650 | The Maharashtra State Financial Corporatin | ₹1.65 Cr | Open | |
| 27 Mar 2002 | 90082785 | Union Bank of India | ₹55 Lakh | Satisfied | |
| 20 Sep 1993 | 90084009 | Union Bank of India | ₹17.5 Lakh | Satisfied | |
| 16 Mar 1989 | 90228164 | Union Bank of India | ₹13.95 Lakh | Satisfied | |
| 15 Mar 1989 | 90083597 | Union Bank of India | ₹12 Lakh | Satisfied |
To see the full charge records of Digvijay Textiles Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Digvijay Textiles Private Limited has 2 court cases on record: 1 filed by Digvijay Textiles, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against individuals | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by S. Mohanlal Manu. Co. | Disposed |
To see the full case history of Digvijay Textiles 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
No delayed payments to MSME suppliers are on our record for Digvijay Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Digvijay Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD6872G1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Digvijay Textiles Private Limited, buy the company report.
Recent activity
Digvijay Textiles Private Limited has 3 board changes on record since 1988: 2 appointments and 1 cessation. The latest: Surendrakumar Madanlal Chandak ceased to be Director on 25 Jul 2024.
5 earlier events are in the company report.
Frequently asked questions
Digvijay Textiles is an active private limited company based in Ichalkaranji, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 15 March 1988 (38+ years old) and is registered under CIN U17111MH1988PTC046538.
Digvijay Textiles has 2 current directors:
- Sanjaykumar Surendrakumar Chandak - Director
- Vijaykumar Surendrakumar Chandak - Additional Director
The latest financial statements of Digvijay Textiles 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 Digvijay Textiles is 27AAACD6872G1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Digvijay Textiles is U17111MH1988PTC046538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digvijay Textiles has 2 court cases on record: 1 filed by the company and 1 filed against it.
Digvijay Textiles was incorporated on 15 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Pune.
Surendrakumar Madanlal Chandak ceased to be Director on 25 Jul 2024. Vijaykumar Surendrakumar Chandak was appointed as Additional Director on 25 Jul 2024. Sanjaykumar Surendrakumar Chandak was appointed as Director on 15 Mar 1988.
The registered office of Digvijay Textiles is at Gat No. 52212 H. No. 15 Laykar Mala, Ichalkaranji, Maharashtra, India – 416115.
Digvijay Textiles operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.
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