Flotech Velvets Private Ltd
About Flotech Velvets Private Ltd
Data last updated:
Flotech Velvets Private Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1994PTC078266. Its GSTIN is 26AAACF5226G1ZX (Dadra and Nagar Haveli and Daman and Diu). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Rajesh Murlidhar Chhabriya and Rajani Vijayraj Chhabriya.
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 Gala No 19/26/35 B Bldgseksaria Ind Estate Chincholi Bunder Rd S V Rd Malad (W), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.31 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹16.65 Lakh (net margin 7.2%) and EBITDA of ₹20.24 Lakh (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.43 Lakh and satisfied charges of ₹81.36 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressGala No 19/26/35 B Bldgseksaria Ind Estate Chincholi Bunder Rd S V Rd Malad (W), Mumbai, Maharashtra, India – 400064
- IndustryManufacturing, Textile & Fabric Production, Plastic-Based Products, Paper & Packaging Products
- 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 Flotech Velvets Private Ltd
The main business activity of Flotech Velvets 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 Flotech Velvets Private Ltd FY 2025 filings available
Flotech Velvets Private Ltd reported revenue of ₹2.31 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Flotech Velvets Private Ltd
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 3% fall in the latest year. EBITDA rose 227% 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 Flotech Velvets Private Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹20.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.65 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 of Flotech Velvets Private Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.2% | •••• | •••• | •••• | •••• |
| 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 Flotech Velvets 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.
Board of Directors of Flotech Velvets Private Ltd
Flotech Velvets 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 |
|---|---|---|---|---|
| Rajesh Murlidhar Chhabriya | Director | 10 May 1994 | 32 Years 5 Months | Current |
| Rajani Vijayraj Chhabriya | Director | 27 Mar 2019 | 7 Years 6 Months | Current |
Peer Comparison of Flotech Velvets Private Ltd
Flotech Velvets Private Ltd is compared with the companies closest to it by revenue in the Manufacturing industry (Paper, Plastic Based Products, 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 |
|---|---|---|---|---|---|---|
| Vanca Fashions Private Limited | ₹2.32 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Gurugram, Haryana, India |
| SGS Interknits Private Limited | ₹2.32 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Trirupur, Tamil Nadu, India |
| Aura Herbal Textiles Limited | ₹2.32 Cr (FY 2018) | •••• | •••• | -59.0% | •••• | Ahmedabad, Gujarat, India |
| Abhyasa Enterprises Private Limited | ₹2.32 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Hyderabad, Telangana, India |
| Union Prestress Exports Private Limited | ₹2.32 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Jaipur, Rajasthan, India |
| Flotech Velvets Private Ltd this company | ₹2.31 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Rajtilak Plasto Engineering Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 7028.0% | •••• | Miraj, Maharashtra, India |
| Aadya Garments Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Plastply Polypack Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 136.0% | •••• | Rajkot, Gujarat, India |
| Shree Shaktipati Raman Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Surat, Gujarat, India |
| Jotirling Textiles Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 201.0% | •••• | Ichalkaranji, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Flotech Velvets by revenue in the Manufacturing industry (Paper, Plastic Based Products, 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 Flotech Velvets Private Ltd
Flotech Velvets Private Ltd is audited by PALRECHA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PALRECHA & 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.
Ownership and Shareholding of Flotech Velvets Private Ltd
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 Flotech Velvets Private Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2022 | Hdfc Bank Limited | ₹10.43 Lakh | Open |
| 28 Sep 2017 | Others | ₹57.5 Lakh | Satisfied |
| 27 Sep 2017 | Others | ₹17.98 Lakh | Satisfied |
| 30 Jul 2017 | Others | ₹5.88 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Flotech Velvets Private Ltd
Flotech Velvets Private Ltd has a workforce of 8 employees as of Apr 08, 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 Flotech Velvets Private Ltd
Flotech Velvets Private Ltd has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Rajani Vijayraj Chhabriya was appointed as Director on 27 Mar 2019.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Flotech Velvets Private Ltd
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 Flotech Velvets Private Ltd
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 Flotech Velvets Private Ltd
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 Flotech Velvets Private Ltd
Flotech Velvets has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACF5226G1ZX | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
| 24AAACF5226G1Z1 | Gujarat | Active | 12 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 Flotech Velvets Private Ltd
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 Flotech Velvets Private Ltd
Flotech Velvets is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 May 1994 (32+ years old) and is registered under CIN U17120MH1994PTC078266.
Flotech Velvets reported revenue of ₹2.31 Cr for FY 2025 (down 3% YoY).
Flotech Velvets has 2 current directors:
- Rajesh Murlidhar Chhabriya - Director
- Rajani Vijayraj Chhabriya - Director
Flotech Velvets reported a net profit of ₹16.65 Lakh (net margin 7.2%) and EBITDA of ₹20.24 Lakh (EBITDA margin 8.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Flotech Velvets is -13% over three years and -9% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Flotech Velvets is 26AAACF5226G1ZX, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACF5226G1Z1 (Gujarat).
The CIN (Corporate Identification Number) of Flotech Velvets is U17120MH1994PTC078266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flotech Velvets was incorporated on 09 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Flotech Velvets by revenue are Vanca Fashions Private Limited, SGS Interknits Private Limited, Aura Herbal Textiles Limited, Abhyasa Enterprises Private Limited, Union Prestress Exports Private Limited and 5 more, all in the Manufacturing industry (Paper, Plastic Based Products, Textiles).
Rajani Vijayraj Chhabriya was appointed as Director on 27 Mar 2019. Vijayraj Murlidhar Chhabriya ceased to be Director on 17 Dec 2018. Rajesh Murlidhar Chhabriya was appointed as Director on 10 May 1994.
The registered office of Flotech Velvets is at Gala No 192635 B Bldgseksaria Ind Estate Chincholi Bunder Rd S V Rd Malad W, Mumbai, Maharashtra, India – 400064.