About Dki Apparel Private Limited
Data last updated:
Dki Apparel Private Limited is a private limited company based in Ambarnath, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18100MH2004PTC146670. Its GSTIN is 27AACCD3517E1Z1 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹55.86 Lakh. It is led by directors including Avinash Sudhir Vora and Bankim Bhalchandra Dave.
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 Ambarnath, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹122.39 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹59.1 Cr (net margin 48.3%) and EBITDA of ₹77.73 Cr (EBITDA margin 63.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
The company has about 537 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹74.6 Cr on record. Court records list 26 cases involving the company, including 8 filed by the company and 18 filed against it; 3 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹70,000; the latest was in November 2023. Its 10 peer companies in the Apparel industry (Apparel, Inner Wear, Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Vijaylakshmi Cotton Ginning & Pressing Private Limited with revenue of ₹122.57 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website defiance.in.
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- Website
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- Registered AddressK – 6 Additional Ambernath, MIDC Anand Nagar Ambernath East, Ambarnath, Maharashtra, India – 421506
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Dki Apparel Private Limited
The main business activity of Dki Apparel is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Dki Apparel Private Limited FY 2025 filings available
Dki Apparel Private Limited reported revenue of ₹122.39 Cr (up 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Dki Apparel Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 33% growth in the latest year. EBITDA rose 305% 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 of Dki Apparel Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹77.73 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹59.1 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 of Dki Apparel Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 48.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dki Apparel are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Dki Apparel Private Limited
Dki Apparel Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel, Inner Wear, Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vijaylakshmi Cotton Ginning & Pressing Private Limited | ₹122.57 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Saoner, Maharashtra, India |
| STC Cotyarn Exim Private Limited | ₹122.53 Cr (FY 2025) | •••• | •••• | 146.0% | •••• | Akola, Maharashtra, India |
| Ruhatiya Spinners Private Limited | ₹122.51 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Subabhalaji Spinning Mills India Private Limited | ₹122.45 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Gobichettipalayam, Tamil Nadu, India |
| K.A.S Industries India Private Limited | ₹122.44 Cr (FY 2021) | •••• | •••• | -10.0% | •••• | Erode, Tamil Nadu, India |
| Dki Apparel Private Limited this company | ₹122.39 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Ambarnath, Maharashtra, India |
| Singhal Spintex Private Limited | ₹122.3 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Delhi, India |
| Shree Bharka (India) Limited | ₹122.28 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bhilwara, Rajasthan, India |
| Shubham Cotton Mills Private Limited | ₹122.26 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Ellenabad, Haryana, India |
| Dipesh Silk Mills Private Limited | ₹122.15 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Durga Poly Yarns Private Limited | ₹122.02 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Dki Apparel by revenue in the Apparel industry (Apparel, Inner Wear, Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dki Apparel Private Limited
Dki Apparel Private Limited is audited by CHAMARIA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHAMARIA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Dki Apparel Private Limited
Dki Apparel has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Sudhir Vora Also directs: Defiance Knitting Industries P Ltd, Mirage Fashionwear (India) LLP, The Railway Collective Clothing LLP and 1 more | Director | 16 Jul 2011 | 15 Years 2 Months | Current |
| Bankim Bhalchandra Dave | Director | 01 May 2012 | 14 Years 5 Months | Current |
| Vanya Sudhir Vora Also directs: Defiance Knitting Industries P Ltd | Director | 29 Mar 2006 | 20 Years 6 Months | Current |
| Sudhir Babubhai Vora Also directs: Defiance Knitting Industries P Ltd, Mirage Fashionwear (India) LLP | Director | 10 Feb 2007 | 19 Years 8 Months | Current |
| Natasha Sudhir Vora Also directs: Defiance Knitting Industries P Ltd, Mirage Fashionwear (India) LLP, The Railway Collective Clothing LLP and 1 more | Additional Director | 30 Jun 2017 | 9 Years 3 Months | Current |
| Manoj Vasudevprasad Oza Also directs: Defiance Knitting Industries P Ltd | Additional Director | 01 Apr 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Dki Apparel Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dki Apparel Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2021 | Others | ₹6 Cr | Satisfied |
| 27 Mar 2017 | Citi Bank N.A. | ₹6 Cr | Satisfied |
| 22 Sep 2016 | Others | ₹90 Lakh | Satisfied |
| 10 Apr 2014 | Others | ₹6.65 Cr | Satisfied |
| 10 Apr 2014 | Others | ₹6.65 Cr | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of Dki Apparel Private Limited
Dki Apparel Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹70,000; the latest was in November 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Mar 2011 | Funding round | ₹70,000 | Investors: an individual |
| Mar 2011 | Acquisition | ₹4 Cr | Buyer: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Dki Apparel Private Limited
Dki Apparel Private Limited has 26 court cases on record: 8 filed by Dki Apparel, 18 filed against it. 3 cases are pending and 23 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 17 | 2 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Liverpool Retail India Limited | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revision Application ULP) | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp. ULP) | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revision Application ULP) | Filed by the company against an individual | Disposed |
Full case history
All 26 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Dki Apparel Private Limited
Dki Apparel Private Limited has a workforce of 537 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Dki Apparel Private Limited
Dki Apparel Private Limited has 13 board changes on record since 2006: 6 appointments and 7 cessations. The latest: Avinash Sudhir Vora ceased to be Director on 30 Jul 2019.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dki Apparel Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Dki Apparel Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dki Apparel Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dki Apparel Private Limited
Dki Apparel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD3517E1Z1 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dki Apparel Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dki Apparel Private Limited
Dki Apparel is an active private limited company based in Ambarnath, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 June 2004 (22+ years old) and is registered under CIN U18100MH2004PTC146670.
Dki Apparel reported revenue of ₹122.39 Cr for FY 2024 (up 33% YoY).
Dki Apparel has 6 current directors:
- Avinash Sudhir Vora - Director
- Bankim Bhalchandra Dave - Director
- Vanya Sudhir Vora - Director
- Sudhir Babubhai Vora - Director
- Natasha Sudhir Vora - Additional Director
- Manoj Vasudevprasad Oza - Additional Director
Dki Apparel reported a net profit of ₹59.1 Cr (net margin 48.3%) and EBITDA of ₹77.73 Cr (EBITDA margin 63.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dki Apparel is 19% over three years and 14% over five years. In the latest year (FY 2024) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dki Apparel is 27AACCD3517E1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dki Apparel is U18100MH2004PTC146670. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dki Apparel has 26 court cases on record: 8 filed by the company and 18 filed against it. 3 are pending. Most are in the district courts.
Dki Apparel was incorporated on 01 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Dki Apparel has 4 deals on record (2 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹70,000; the latest was in November 2023.
The peers of Dki Apparel by revenue are Vijaylakshmi Cotton Ginning & Pressing Private Limited, STC Cotyarn Exim Private Limited, Ruhatiya Spinners Private Limited, Subabhalaji Spinning Mills India Private Limited, K.A.S Industries India Private Limited and 5 more, all in the Apparel industry (Apparel, Inner Wear, Textiles).