MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0203992
Dwarkesh Trades Private Limited
Dwarkesh Trades Private Limited - trading in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.2 Cr
▲ 13% YoY
Net profit · FY 2024
₹59.64 Lakh
Net margin 11.5%
EBITDA · FY 2024
₹78.4 Lakh
EBITDA margin 15.1%
Authorised capital
₹85 Lakh
Registered with MCA
Paid-up capital
₹83 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Dwarkesh Trades Private Limited
Data last updated:
Dwarkesh Trades Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 12 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2009PTC097390. Its GSTIN is 24AADCG4170H1ZU (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹83 Lakh. It was formerly known as Gandhar Spinning Mills Private Limited. It is led by directors Dhavalkumar Natwarlal Shah and Bhavesh Natwarlal Shah.
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 No E12 (Milkat No. 2648) Shri Radhakrishna Estate B/H Parichay Hotel N.H Village Aslali, Ahmedabad, Gujarat, India – 382427.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.2 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹59.64 Lakh (net margin 11.5%) and EBITDA of ₹78.4 Lakh (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 35% over five years.
Dwarkesh Trades Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0203992). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17120GJ2009PTC097390
Registration Number 097390
Incorporation Date 12 March 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0203992
CIN history
Dwarkesh Trades has one previous CIN (Corporate Identification Number): U17120MH2009PTC190869. The current CIN is U17120GJ2009PTC097390, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120GJ2009PTC097390 | Current |
| U17120MH2009PTC190869 | Previous |
Recognitions & Rankings of Dwarkesh Trades
Contact details
Dwarkesh Trades Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo E12 (Milkat No. 2648) Shri Radhakrishna Estate B/H Parichay Hotel N.H Village Aslali, Ahmedabad, Gujarat, India – 382427
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Dwarkesh Trades Private Limited, buy the company report.
Comprehensive company report
Dwarkesh Trades 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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Business activity
The main business activity of Dwarkesh Trades is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Dwarkesh Trades Private Limited, buy the company report.
Financials of Dwarkesh Trades Private Limited
FY 2024 filings availableDwarkesh Trades Private Limited reported revenue of ₹5.2 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹5.2 Cr ▲ 13%
Net profit · FY 2024
₹59.64 Lakh margin 11.5%
EBITDA · FY 2024
₹78.4 Lakh margin 15.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 52%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 68%
5 years · compounded
▼ 7%
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 13% growth in the latest year. EBITDA fell 45% 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 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 | ₹78.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.64 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 11.5% | ||||
| 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 Dwarkesh Trades Private Limited, buy the company report.
Board of directors of Dwarkesh Trades Private Limited
Dwarkesh Trades has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhavalkumar Natwarlal Shah | Director | 20 Dec 2016 | 9 Years 10 Months | Current |
| Bhavesh Natwarlal Shah | Director | 02 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Dwarkesh Trades Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eagle Business Services Private Limited | ₹5.2 Cr (FY 2021) | 76.0% | Bangalore, Karnataka, India | |||
| J.N Factory Outlet Private Limited | ₹5.2 Cr (FY 2024) | 16.0% | Hyderabad, Telangana, India | |||
| Kathlekhan Estates Private Limited | ₹5.2 Cr (FY 2024) | -72.0% | Bangalore, Karnataka, India | |||
| Aviq India Private Limited | ₹5.2 Cr (FY 2025) | 294.0% | Noida, Uttar Pradesh, India | |||
| Orbiz Creativez Private Limited | ₹5.2 Cr (FY 2025) | 26.0% | Malappuram, Kerala, India | |||
| Dwarkesh Trades Private Limitedthis company | ₹5.2 Cr (FY 2024) | ₹59.64 Lakh | 11.5% | 13.0% | Ahmedabad, Gujarat, India | |
| Ashwick Fertilizers & Chemicals Private Limited | ₹5.2 Cr (FY 2025) | 19.0% | Noida, Uttar Pradesh, India | |||
| Yash Ornaments Private Limited | ₹5.2 Cr (FY 2025) | -8.0% | Bareilly, Uttar Pradesh, India | |||
| Sonarhat Private Limited | ₹5.2 Cr (FY 2025) | 17.0% | Kolkata, West Bengal, India | |||
| Axenic Chemicals Private Limited | ₹5.2 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Kanhaa Tyres Private Limited | ₹5.2 Cr (FY 2025) | 9.0% | Allahabad, Uttar Pradesh, India |
To see the full peer comparison of Dwarkesh Trades Private Limited, buy the company report.
Auditor
Dwarkesh Trades Private Limited is audited by JEEVAN JAGETIYA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JEEVAN JAGETIYA & CO | FY 2019 | 121335W |
Shareholding
The shareholding of Dwarkesh Trades Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Dwarkesh Trades Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dwarkesh Trades Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dwarkesh Trades Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dwarkesh Trades has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCG4170H1ZU | Gujarat | Active | 02 Apr 2018 |
| 27AADCG4170H1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dwarkesh Trades Private Limited, buy the company report.
Recent activity
Dwarkesh Trades Private Limited has 12 board changes on record since 2012: 2 appointments and 10 cessations. The latest: Dhavalkumar Natwarlal Shah ceased to be Director on 31 Dec 2021.
AGM
Dwarkesh Trades Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Dwarkesh Trades Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Dhavalkumar Natwarlal Shah ceased to be Director.
Ceased
Bhavesh Natwarlal Shah ceased to be Additional Director.
Appointed
Bhavesh Natwarlal Shah was appointed as Director.
Ceased
Lekhraj Shyamdas Khemani ceased to be Director.
Appointed
Dhavalkumar Natwarlal Shah was appointed as Director.
Ceased
Harnish Kantilal Savla ceased to be Director.
Ceased
Tushar Dineshkumar Patel ceased to be Additional Director.
Ceased
Mahaveer Jain ceased to be Director.
Ceased
Manju Padamraj Desarla ceased to be Director.
Ceased
Dilip Kumar Dhariwal ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Dwarkesh Trades is an active private limited company based in Ahmedabad, Gujarat, India. The company works in retail trading, within the trading industry. It was incorporated on 12 March 2009 (17+ years old) and is registered under CIN U17120GJ2009PTC097390.
Dwarkesh Trades has 2 current directors:
- Dhavalkumar Natwarlal Shah - Director
- Bhavesh Natwarlal Shah - Director
The latest financial statements of Dwarkesh Trades 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 Dwarkesh Trades is 24AADCG4170H1ZU, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCG4170H1ZO (Maharashtra).
The CIN (Corporate Identification Number) of Dwarkesh Trades is U17120GJ2009PTC097390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dwarkesh Trades was incorporated on 12 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Dwarkesh Trades by revenue are Eagle Business Services Private Limited, J.N Factory Outlet Private Limited, Kathlekhan Estates Private Limited, Aviq India Private Limited, Orbiz Creativez Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Dhavalkumar Natwarlal Shah ceased to be Director on 31 Dec 2021. Bhavesh Natwarlal Shah ceased to be Additional Director on 30 Nov 2021. Bhavesh Natwarlal Shah was appointed as Director on 02 Nov 2020. Dwarkesh Trades has 12 board changes on record in total.
Yes, Dwarkesh Trades is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0203992).
The registered office of Dwarkesh Trades is at No E12 Milkat No. 2648 Shri Radhakrishna Estate BH Parichay Hotel N.H Village Aslali, Ahmedabad, Gujarat, India – 382427.
Dwarkesh Trades operates in the trading industry, in the retail trading segment.
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