About Gaekwar Mills Limited
Data last updated:
Gaekwar Mills Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 August 1949 and has been in existence for over 77 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L17120MH1949PLC007731. It is a listed company as per MCA records. Its shares are listed on BSE: 502850.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Shweta Dhruv Shah (Whole-Time Director) and Harsh Vikas Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
Total assets are valued at ₹25.37 Cr (up 394.5% YoY).
As per MCA filings, the company has open charges of ₹37.31 Cr and satisfied charges of ₹32.83 Cr on record. Court records list 26 cases involving the company, including 7 filed by the company and 19 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in March 2011.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gaekwarmills.com.
Company details
Contact details
Gaekwar Mills Limited's registered office is in Mumbai, Maharashtra. Its website is gaekwarmills.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2/2 Flr – Grd Plot – 2 New Sion Chs Swami Vallabhdas Marg Road No 24 Sindhi Colo, Ny Sion, Mumbai, Maharashtra, India – 400022
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Gaekwar Mills 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 Gaekwar Mills is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Gaekwar Mills Limited
FY 2025-26 filings availableGaekwar Mills Limited reported revenue of ₹- for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | (10.04) | (4.83) | (4.87) | (4.89) | (7.33) | (2.20) | (4.12) |
| Profit before tax | (9.46) | (4.42) | (4.12) | (3.64) | (6.56) | (1.98) | (3.90) |
| Net profit | (9.46) | (4.42) | (4.12) | (3.64) | (4.17) | (1.98) | (3.90) |
| EPS (₹) | (47.26) | (22.10) | (20.60) | (18.20) | (32.80) | (9.91) | (19.48) |
| Balance sheet | |||||||
| Total assets | 25.37 | 5.13 | 9.52 | 13.79 | 17.43 | 2.61 | 4.59 |
| Net worth | (84.06) | (74.60) | (70.17) | (66.06) | (62.42) | (55.85) | (53.87) |
| Total debt | 104 | 74.27 | 78.93 | 74.39 | 74.39 | 57.70 | 57.70 |
| Cash & bank | 0.05 | 0.01 | 0.05 | 0.30 | 0.50 | 0.04 | 0.01 |
| Net working capital | 4.33 | 3.89 | 3.86 | 3.50 | 2.62 | 1.91 | 1.81 |
| Cash flow | |||||||
| Cash from operations | 0.03 | 0.25 | 0.00 | (0.03) | 0.46 | 0.03 | 0.00 |
| Cash from investing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from financing | 0.00 | (0.29) | (0.25) | (0.17) | 0.00 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.11 | 0.25 | 0.11 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 |
| Total expenses | 2.52 | 9.93 | 0.02 | 0.03 | 0.05 | 1.22 | 1.20 | 1.20 |
| EBITDA | (2.52) | (9.93) | (0.02) | (0.03) | (0.05) | (1.22) | (1.20) | (1.20) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (2.41) | (9.68) | 0.09 | 0.08 | 0.06 | (1.12) | (1.10) | (1.10) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.11 | 0.25 | 0.11 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 |
| Total expenses | 2.52 | 9.93 | 0.02 | 0.03 | 0.05 | 1.22 | 1.20 | 1.20 |
| EBITDA | (2.52) | (9.93) | (0.02) | (0.03) | (0.05) | (1.22) | (1.20) | (1.20) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (2.41) | (9.68) | 0.09 | 0.08 | 0.06 | (1.12) | (1.10) | (1.10) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.58 | 0.41 | 0.75 | 1.25 | 0.77 | 0.22 | 0.22 |
| Total expenses | 10.04 | 4.83 | 4.87 | 4.89 | 7.33 | 2.20 | 4.12 |
| Employee cost | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | (10.04) | (4.83) | (4.87) | (4.89) | (7.33) | (2.20) | (4.12) |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (9.46) | (4.42) | (4.12) | (3.64) | (6.56) | (1.98) | (3.90) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (9.46) | (4.42) | (4.12) | (3.64) | (4.17) | (1.98) | (3.90) |
| EPS (₹) | (47.26) | (22.10) | (20.60) | (18.20) | (32.80) | (9.91) | (19.48) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Reserves & surplus | (86.06) | (76.60) | (72.17) | (68.06) | (64.42) | (57.85) | (55.87) |
| Shareholders' funds (net worth) | (84.06) | (74.60) | (70.17) | (66.06) | (62.42) | (55.85) | (53.87) |
| Secured loans | 104 | 74.20 | 74.20 | 74.20 | 74.20 | 53.00 | 53.00 |
| Unsecured loans | 0.08 | 0.07 | 4.73 | 0.19 | 0.19 | 4.70 | 4.70 |
| Total debt | 104 | 74.27 | 78.93 | 74.39 | 74.39 | 57.70 | 57.70 |
| Total liabilities | 25.37 | 5.13 | 9.52 | 13.79 | 17.43 | 2.61 | 4.59 |
| Assets | |||||||
| Gross block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 1.24 | 1.24 | 0.95 | 0.87 | 0.69 | 0.70 | 0.70 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.05 | 0.01 | 0.05 | 0.30 | 0.50 | 0.04 | 0.01 |
| Loans & advances | 4.44 | 3.97 | 3.90 | 3.27 | 2.24 | 1.99 | 1.82 |
| Total current assets | 4.49 | 3.98 | 3.95 | 3.57 | 2.74 | 2.03 | 1.83 |
| Total current liabilities | 0.16 | 0.09 | 0.09 | 0.07 | 0.12 | 0.12 | 0.02 |
| Net working capital | 4.33 | 3.89 | 3.86 | 3.50 | 2.62 | 1.91 | 1.81 |
| Total assets | 25.37 | 5.13 | 9.52 | 13.79 | 17.43 | 2.61 | 4.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.01 | 0.05 | 0.30 | 0.50 | 0.04 | 0.01 | 0.01 |
| Net cash from operating activities | 0.03 | 0.25 | 0.00 | (0.03) | 0.46 | 0.03 | 0.00 |
| Net cash from investing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net cash from financing activities | 0.00 | (0.29) | (0.25) | (0.17) | 0.00 | 0.00 | 0.00 |
| Net change in cash | 0.03 | (0.04) | (0.25) | (0.20) | 0.46 | 0.03 | 0.00 |
| Closing cash | 0.05 | 0.01 | 0.05 | 0.30 | 0.50 | 0.04 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| EBITDA growth | -107.9% | +0.8% | +0.4% | +33.3% | -233.2% | +46.6% | - |
| PBT growth | -114.0% | -7.3% | -13.2% | +44.5% | -231.3% | +49.2% | +0.3% |
| Net income growth | -114.0% | -7.3% | -13.2% | +12.7% | -110.6% | +49.2% | - |
| EBITDA CAGR (3Y) | +27.1% | -13.0% | +30.3% | +5.9% | +20.5% | -19.8% | -0.3% |
| Profitability & leverage | |||||||
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | (47.26) | (22.10) | (20.60) | (18.20) | (32.80) | (9.91) | (19.48) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (373.00) | (350.85) | (330.30) | (312.10) | (279.27) | (269.36) |
To see the full year-wise statements and ratios of Gaekwar Mills Limited, buy the company report.
Board of directors of Gaekwar Mills Limited
Gaekwar Mills has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Dhruv Shah | Whole-Time Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Harsh Vikas Shah | Director | 28 Aug 2025 | 1 Years 1 Months | Current |
| Mihir Rajesh Parikh Also directs: Bombay Metal Exchange Limited | Director | 29 May 2024 | 2 Years 4 Months | Current |
| Bhavik Ashokkumar Shah Also directs: Omnitex Industries (India) Limited, MSL Global Limited, Indo Euro Indchem Limited and 2 more | Director | 29 May 2024 | 2 Years 4 Months | Current |
Auditor
Gaekwar Mills Limited is audited by M D PANDYA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M D PANDYA & ASSOCIATES | FY 2023 | 107325W |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 0.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 2.40% and retail and other public shareholders hold 97.60%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 100.00% | 100.00% | 100.00% | 100.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 May 2013 | 10439610 | Platinum Square Private Limited | ₹5 Cr | Open | |
| 23 Dec 2010 | 10305425 | Platinum Square Private Limited | ₹30 Cr | Open | |
| 19 Dec 1985 | 80060084 | Industrial Reconstruction Bank of India | ₹55 Lakh | Open | |
| 28 Mar 1985 | 80060088 | Industrial Development Bank of India | ₹1.76 Cr | Open | |
| 30 Nov 1984 | 80060064 | Union Bank of India | ₹11.8 Lakh | Satisfied |
To see the full charge records of Gaekwar Mills Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Gaekwar Mills Limited has 1 deal on record (1 acquisition); the latest was in March 2011.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Acquisition | ₹1.09 Cr | Buyer: Platinum Square Private Limited , Mukesh Babu Financial Services Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gaekwar Mills Limited has 26 court cases on record: 7 filed by Gaekwar Mills, 19 filed against it. 1 case is pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 17 | 1 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Platinum Square Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (AW) | Filed against the company by Union of India | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 1 other | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Disposed |
To see the full case history of Gaekwar Mills 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
No delayed payments to MSME suppliers are on our record for Gaekwar Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gaekwar Mills Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gaekwar Mills Limited has 22 board changes on record since 1954: 14 appointments and 8 cessations. The latest: Mipan Navinchandra Shah ceased to be Director on 14 Nov 2025.
60 earlier events are in the company report.
Frequently asked questions
Gaekwar Mills is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 31 August 1949 (77+ years old) and is registered under CIN L17120MH1949PLC007731. Listed on BSE: 502850.
Gaekwar Mills has 4 current directors:
- Shweta Dhruv Shah - Whole-Time Director
- Harsh Vikas Shah - Director
- Mihir Rajesh Parikh - Director
- Bhavik Ashokkumar Shah - Director
The latest financial statements of Gaekwar Mills on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gaekwar Mills is L17120MH1949PLC007731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Gaekwar Mills is a listed company as per MCA records. Its shares are listed on BSE (code: 502850).
Gaekwar Mills has 26 court cases on record: 7 filed by the company and 19 filed against it. 1 is pending. Most are in the high courts.
Gaekwar Mills was incorporated on 31 August 1949, making it 77+ years old. It is registered with the Registrar of Companies, Mumbai.
Gaekwar Mills has 1 deal on record (1 acquisition); the latest was in March 2011.
Mipan Navinchandra Shah ceased to be Director on 14 Nov 2025. Harsh Vikas Shah was appointed as Director on 28 Aug 2025. Bhavik Ashokkumar Shah was appointed as Director on 29 May 2024. Gaekwar Mills has 22 board changes on record in total.
Gaekwar Mills can be reached through the website gaekwarmills.com. Its registered office is in Mumbai, Maharashtra, India.