MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0007116
Frolic Exports Private Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.8 Cr
▼ 37% YoY
Net profit · FY 2025
₹26.71 Lakh
Net margin 1.6%
EBITDA · FY 2025
₹1.76 Cr
EBITDA margin 10.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹6.5 Cr
Satisfied ₹5.22 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
19
Provident fund records
About Frolic Exports Private Limited
Data last updated:
Frolic Exports Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18204DL2004PTC128892. Its GSTIN is 09AAHCM3967E1Z7 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Madaan Exports Private Limited. It is led by directors including Sukriti Swarup and Supriya Swarup.
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 D – 12 GF Kalindi Colony, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.8 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹26.71 Lakh (net margin 1.6%) and EBITDA of ₹1.76 Cr (EBITDA margin 10.5%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.5 Cr and satisfied charges of ₹5.22 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Frolic Exports Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0007116). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frolicexport.com.
Company details
CIN U18204DL2004PTC128892
Registration Number 128892
Incorporation Date 09 September 2004
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0007116
CIN history
Frolic Exports has one previous CIN (Corporate Identification Number): U19129DL2004PTC128892. The current CIN is U18204DL2004PTC128892, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18204DL2004PTC128892 | Current |
| U19129DL2004PTC128892 | Previous |
Recognitions & Rankings of Frolic Exports
Contact details
Frolic Exports Private Limited's registered office is in New Delhi, Delhi. Its website is frolicexport.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 12 GF Kalindi Colony, New Delhi, Delhi, India – 110065
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Frolic Exports Private Limited, buy the company report.
Comprehensive company report
Frolic Exports 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 Frolic Exports 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 Frolic Exports Private Limited, buy the company report.
Financials of Frolic Exports Private Limited
FY 2025 filings availableFrolic Exports Private Limited reported revenue of ₹16.8 Cr (down 37% YoY) for FY 2025.
Revenue · FY 2025
₹16.8 Cr ▼ 37%
Net profit · FY 2025
₹26.71 Lakh margin 1.6%
EBITDA · FY 2025
₹1.76 Cr margin 10.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▼ 63%
3 years · compounded
▼ 42%
5 years · compounded
▼ 6%
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 37% fall in the latest year. EBITDA fell 63% 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 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 | ₹1.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.71 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 Frolic Exports Private Limited, buy the company report.
Board of directors of Frolic Exports Private Limited
Frolic Exports has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sukriti Swarup | Director | 03 Mar 2021 | 5 Years 8 Months | Current |
| Supriya Swarup | Director | 26 Oct 2021 | 5 Years 0 Months | Current |
| Sanjiv Swaroop | Director | 09 Nov 2011 | 14 Years 11 Months | Current |
| Vasavi Swarup | Director | 09 Nov 2011 | 14 Years 11 Months | Current |
Peer comparison
Frolic Exports 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 |
|---|---|---|---|---|---|---|
| Blue Blend Weaving Mills Private Limited | ₹16.83 Cr (FY 2025) | 11.0% | Bhiwandi, Maharashtra, India | |||
| Cosmos Sanjay Weaving Mills Private Limited | ₹16.82 Cr (FY 2021) | -10.0% | Punjab, India | |||
| Frolic Exports Private Limitedthis company | ₹16.8 Cr (FY 2025) | ₹26.71 Lakh | 1.6% | -37.0% | 19 | New Delhi, Delhi, India |
| Apparel Exim Private Limited | ₹16.79 Cr (FY 2024) | 16.0% | Kolkata, West Bengal, India | |||
| Sunil Texfab Private Limited | ₹16.78 Cr (FY 2025) | -3.0% | Surat, Gujarat, India | |||
| Shree Rajasthan Syntex Ltd | ₹16.77 Cr (FY 2025) | -55.0% | Dungarpur, Rajasthan, India | |||
| JMS Modern Airweaves India Private Limited | ₹16.77 Cr (FY 2025) | 55.0% | Namakkal, Tamil Nadu, India | |||
| Bhilwara Polyster Private Limited. | ₹16.76 Cr (FY 2025) | -11.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Frolic Exports Private Limited, buy the company report.
Auditor
Frolic Exports Private Limited is audited by R. A. BANSAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. A. BANSAL & ASSOCIATES | FY 2023 | 012441N |
Shareholding
The shareholding of Frolic Exports Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Frolic Exports Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.5 Cr
Satisfied charges
₹5.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2016 | 100065530 | Others | ₹6.5 Cr | Open | |
| 21 Jan 2014 | 10475222 | Bank of Baroda | ₹5.22 Cr | Satisfied |
To see the full charge records of Frolic Exports Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Frolic Exports Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
To see the full case history of Frolic Exports 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
Frolic Exports Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 31 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Ruchee Interlining Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Frolic Exports Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Frolic Exports Private Limited has a workforce of 19 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
-17.39%
GST
Frolic Exports has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAHCM3967E1Z7 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Frolic Exports Private Limited, buy the company report.
Recent activity
Frolic Exports Private Limited has 7 board changes on record since 2011: 4 appointments and 3 cessations. The latest: Supriya Swarup was appointed as Director on 26 Oct 2021.
AGM
Frolic Exports Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Frolic Exports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Others of Rs. 6.50 Cr registered on 09 Dec 2016 with Charge ID 100065530 was modified on 05 Nov 2024.
Appointed
Supriya Swarup was appointed as Director.
Appointed
Sukriti Swarup was appointed as Director.
Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100065530 was registered on 09 Dec 2016.
Charges
A charge registered on 21 Jan 2014 via Charge ID 10475222 with Bank Of Baroda was fully satisfied on 03 Nov 2016.
Ceased
Sukriti Swarup ceased to be Director.
Charges
A charge with Bank Of Baroda of Rs. 5.22 Cr registered on 21 Jan 2014 with Charge ID 10475222 was modified on 29 Dec 2015.
Charges
A charge with Bank Of Baroda amounted to Rs. 5.22 Cr with Charge ID 10475222 was registered on 21 Jan 2014.
Ceased
Balwant Singh ceased to be Director.
Ceased
Tirlok Singh ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Frolic Exports is an active private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 September 2004 (22+ years old) and is registered under CIN U18204DL2004PTC128892.
Frolic Exports has 4 current directors:
- Sukriti Swarup - Director
- Supriya Swarup - Director
- Sanjiv Swaroop - Director
- Vasavi Swarup - Director
The latest financial statements of Frolic Exports on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Frolic Exports is 09AAHCM3967E1Z7, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Frolic Exports is U18204DL2004PTC128892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frolic Exports has 1 court case on record: 1 filed against it. 1 is pending.
Frolic Exports was incorporated on 09 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Frolic Exports by revenue are Blue Blend Weaving Mills Private Limited, Cosmos Sanjay Weaving Mills Private Limited, Apparel Exim Private Limited, Sunil Texfab Private Limited, Shree Rajasthan Syntex Ltd and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Supriya Swarup was appointed as Director on 26 Oct 2021. Sukriti Swarup was appointed as Director on 03 Mar 2021. Sukriti Swarup ceased to be Director on 28 Mar 2016. Frolic Exports has 7 board changes on record in total.
Yes, Frolic Exports is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0007116).
Frolic Exports has 3 MSME Form 1 returns on record between 2019 and 2020, listing 31 overdue payments to 8 micro and small suppliers. The latest return was filed on 03 Oct 2020.
Frolic Exports can be reached through the website frolicexport.com. Its registered office is in New Delhi, Delhi, India.
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