About Dweta Garments Private Limited
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Dweta Garments Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 30 June 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH2004PTC147241.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.82 Cr. It was led by directors Harshad Himmatlal Shah and Chintan Amrish Patel.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 4A Vikas Center104 S V Road Santacruz (W), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.39 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹48.02 Lakh (net margin -14.2%) and EBITDA of ₹79.46 Lakh (EBITDA margin 23.4%). Revenue has declined at a compounded annual rate (CAGR) of 33% over five years.
The company had about 35 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹14.46 Cr on record.
The last known website on record is dwetagarments.in.
Company details
Contact details
Dweta Garments Private Limited's registered office is in Mumbai, Maharashtra. Its website is dwetagarments.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address4A Vikas Center104 S V Road Santacruz (W), Mumbai, Maharashtra, India – 400054
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Dweta Garments 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 Dweta Garments 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 Dweta Garments Private Limited, buy the company report.
Financials of Dweta Garments Private Limited
FY 2020 filings availableDweta Garments Private Limited reported revenue of ₹3.39 Cr (down 58% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 58% fall in the latest year. EBITDA fell 37% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹79.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹48.02 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.4% | ||||
| Net Profit Margin | -14.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| 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 Dweta Garments Private Limited, buy the company report.
Board of directors of Dweta Garments Private Limited
Dweta Garments 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 |
|---|---|---|---|---|
| Harshad Himmatlal Shah Also directs: SVKM Foundation, Aic-Nmims Incubation Centre, Meha Knit Tex Private Limited and 5 more | Director | 09 Mar 2005 | 21 Years 7 Months | As last reported |
| Chintan Amrish Patel Also directs: Anuja Comtrade Enterprises LLP, Amitus Supply Chain Management LLP, Shareen Technology LLP and 5 more | Director | 23 Sep 2013 | 13 Years 1 Months | As last reported |
Peer comparison
Dweta Garments Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jayshree Silk Processing Mills Pvt Ltd | ₹3.4 Cr (FY 2025) | 18.0% | Rajkot, Gujarat, India | |||
| Lily Creation Private Limited | ₹3.4 Cr (FY 2025) | 24.0% | Surat, Gujarat, India | |||
| Nxtgen Impex Private Limited | ₹3.39 Cr (FY 2024) | 531.0% | Panipat, Haryana, India | |||
| Dweta Garments Private Limitedthis company | ₹3.39 Cr (FY 2020) | -₹48.02 Lakh | -14.2% | -58.0% | 35 | Mumbai, Maharashtra, India |
| Sakun Textile Exports Private Limited | ₹3.39 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Spi Creation Private Limited | ₹3.39 Cr (FY 2024) | -42.0% | New Delhi, Delhi, India | |||
| SS Vardhman Knitwears Private Limited | ₹3.39 Cr (FY 2021) | Ludhiana, Punjab, India | ||||
| Anuvrat Textiles Private Limited | ₹3.39 Cr (FY 2024) | -17.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Dweta Garments Private Limited, buy the company report.
Shareholding
The shareholding of Dweta Garments 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 Dweta Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2012 | 10346391 | Icici Bank Limited | ₹3.5 Cr | Satisfied | |
| 27 Nov 2007 | 10109037 | The Bank of Rajasthan Limited | ₹9.5 Cr | Satisfied | |
| 09 May 2006 | 10007218 | The Shirpur People Co-Op Bank Limited | ₹1.45 Cr | Satisfied | |
| 04 Mar 2005 | 90348689 | The Shirpur People Co-Op Bank Limited | ₹1 Lakh | Satisfied |
To see the full charge records of Dweta Garments Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Dweta Garments 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 Dweta Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dweta Garments Private Limited has a workforce of 35 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Dweta Garments Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dweta Garments Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Hiral Chintan Patel ceased to be Director on 04 Sep 2014.
4 earlier events are in the company report.
Frequently asked questions
Dweta Garments has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Dweta Garments was a private limited company based in Mumbai, Maharashtra, India. The company worked in designer and branded fashion, within the fashion and textile industry. It was incorporated on 30 June 2004 and is registered under CIN U17100MH2004PTC147241. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Dweta Garments was incorporated on 30 June 2004. It is registered with the Registrar of Companies, Mumbai.
Dweta Garments had 2 directors:
- Harshad Himmatlal Shah - Director
- Chintan Amrish Patel - Director
The CIN (Corporate Identification Number) of Dweta Garments is U17100MH2004PTC147241. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Dweta Garments is at 4A Vikas Center104 S V Road Santacruz W, Mumbai, Maharashtra, India – 400054.
Dweta Garments can be reached through the website dwetagarments.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Dweta Garments on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
Dweta Garments operated in the fashion and textile industry, in the designer and branded fashion segment.
The peers of Dweta Garments by revenue are Jayshree Silk Processing Mills Pvt Ltd, Lily Creation Private Limited, Nxtgen Impex Private Limited, Sakun Textile Exports Private Limited, Spi Creation Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Hiral Chintan Patel ceased to be Director on 04 Sep 2014. Chintan Amrish Patel was appointed as Director on 23 Sep 2013. Harshad Himmatlal Shah was appointed as Director on 09 Mar 2005.