About Gaekwar Mills Limited
Data last updated: 09 January 2026
Gaekwar Mills Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 31 August 1949, the company has been in operation for over 77 years.
Registered with ROC Mumbai under CIN L17120MH1949PLC007731. Listed on BSE: 502850.
Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Mipan Navinchandra Shah and Bhavik Ashokkumar Shah.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹41 Lakh, a decline of 45% compared to the previous year.
As per MCA filings, the company has open charges of ₹37.31 Cr and satisfied charges of ₹32.83 Cr on record.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address2/2 Flr – Grd Plot – 2 New Sion Chs Swami Vallabhdas Marg Road No 24 Sindhi Colo, Ny Sion, Mumbai, Maharashtra, India – 400022
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Gaekwar Mills Limited
Gaekwar Mills Limited is engaged in the principal business activity of construction, with detailed activities including buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | ********* |
Auditor Details of Gaekwar Mills Limited
Gaekwar Mills Limited is audited by M D Pandya & Associates (ICAI peer reviewed, certificate valid till 2027-10-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M D Pandya & Associates (ICAI peer reviewed, certificate valid till 2027-10-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Gaekwar Mills Limited
Gaekwar Mills Limited is currently managed by 9 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mipan Navinchandra Shah | Director | 01 Dec 2021 | 4 Years 7 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 1 Months | Current |
| Girishbhai Champaklal Shah | Director | 17 Mar 2010 | 16 Years 3 Months | Current |
| Shweta Dhruv Shah | Whole-Time Director | 31 Mar 2015 | 11 Years 3 Months | Current |
|
Mihir Rajesh Parikh
Also directs:
Bombay Metal Exchange Limited
|
Director | 29 May 2024 | 2 Years 1 Months | Current |
| Harsh Vikas Shah | Director | 28 Aug 2025 | 0 Years 10 Months | Current |
Financials of Gaekwar Mills Limited FY 2026 filings available
Gaekwar Mills Limited reported revenue of ₹- (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Income | ₹58 Lakh | ₹41.31 Lakh | ₹75.11 Lakh | ₹1.25 Cr | ₹76.65 Lakh | ₹21.93 Lakh | ₹22.13 Lakh | ₹28.45 Lakh |
| Total Income | ₹58 Lakh | ₹41.31 Lakh | ₹75.11 Lakh | ₹1.25 Cr | ₹76.65 Lakh | ₹21.93 Lakh | ₹22.13 Lakh | ₹28.45 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹3 Lakh | ₹2.4 Lakh | ₹1.8 Lakh | ₹1.8 Lakh | ₹75,000 | ₹0 | ₹1.87 Lakh | ₹2.4 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹10 Cr | ₹4.81 Cr | ₹4.85 Cr | ₹4.87 Cr | ₹4.93 Cr | ₹2.2 Cr | ₹4.1 Cr | ₹4.16 Cr |
| Total Expenses | ₹10.03 Cr | ₹4.84 Cr | ₹4.87 Cr | ₹4.89 Cr | ₹4.93 Cr | ₹2.2 Cr | ₹4.12 Cr | ₹4.19 Cr |
| Profit Before Exceptional Items & Tax | -₹9.45 Cr | -₹4.42 Cr | -₹4.12 Cr | -₹3.64 Cr | -₹4.17 Cr | -₹1.98 Cr | -₹3.9 Cr | -₹3.9 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | -₹2.39 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹9.45 Cr | -₹4.42 Cr | -₹4.12 Cr | -₹3.64 Cr | -₹6.56 Cr | -₹1.98 Cr | -₹3.9 Cr | -₹3.9 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹9.45 Cr | -₹4.42 Cr | -₹4.12 Cr | -₹3.64 Cr | -₹6.56 Cr | -₹1.98 Cr | -₹3.9 Cr | -₹3.9 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹9.45 Cr | -₹4.42 Cr | -₹4.12 Cr | -₹3.64 Cr | -₹6.56 Cr | -₹1.98 Cr | -₹3.9 Cr | -₹3.9 Cr |
| EBITDA (computed) | -₹9.45 Cr | -₹4.42 Cr | -₹4.12 Cr | -₹3.64 Cr | -₹4.17 Cr | -₹1.98 Cr | -₹3.9 Cr | -₹3.9 Cr |
| Basic EPS | ₹-47.26 | ₹-22.12 | ₹-20.59 | ₹-18.21 | ₹-32.80 | ₹-9.91 | ₹-19.48 | ₹-19.51 |
| Diluted EPS | ₹-47.26 | ₹-22.12 | ₹-20.59 | ₹-18.21 | ₹-32.80 | ₹-9.91 | ₹-19.48 | ₹-19.51 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹25.52 Cr | ₹5.22 Cr | ₹9.61 Cr | ₹13.86 Cr | ₹17.56 Cr | ₹2.73 Cr | ₹4.62 Cr | ₹8.94 Cr |
| Non-current Assets | ₹21.04 Cr | ₹1.24 Cr | ₹5.83 Cr | ₹10.29 Cr | ₹14.82 Cr | ₹69.96 Lakh | ₹69.96 Lakh | ₹69.96 Lakh |
| Current Assets | ₹4.48 Cr | ₹3.98 Cr | ₹3.78 Cr | ₹3.57 Cr | ₹2.74 Cr | ₹2.03 Cr | ₹3.92 Cr | ₹8.24 Cr |
| Property, Plant & Equipment | ₹1.24 Cr | ₹1.24 Cr | ₹1.12 Cr | ₹87.19 Lakh | ₹69.84 Lakh | ₹69.84 Lakh | ₹69.84 Lakh | ₹69.84 Lakh |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Cash & Equivalents | ₹4 Lakh | ₹1.19 Lakh | ₹5 Lakh | ₹29.68 Lakh | ₹49.66 Lakh | ₹3.66 Lakh | ₹1 Lakh | ₹1.29 Lakh |
| Equity (Net Worth) | -₹84.06 Cr | -₹74.6 Cr | -₹70.18 Cr | -₹66.06 Cr | -₹62.41 Cr | -₹55.85 Cr | -₹53.87 Cr | -₹49.98 Cr |
| Equity Share Capital | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Borrowings (Non-current) | ₹103.88 Cr | ₹78.9 Cr | ₹78.9 Cr | ₹78.9 Cr | ₹78.9 Cr | ₹57.7 Cr | ₹57.7 Cr | ₹57.7 Cr |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹103.88 Cr | ₹78.9 Cr | ₹78.9 Cr | ₹78.9 Cr | ₹78.9 Cr | ₹57.7 Cr | ₹57.7 Cr | ₹57.7 Cr |
| Current Liabilities | ₹24 Lakh | ₹15.78 Lakh | ₹12 Lakh | ₹25.37 Lakh | ₹30.72 Lakh | ₹11.72 Lakh | ₹2.3 Lakh | ₹44.66 Lakh |
| Total Liabilities | ₹109.58 Cr | ₹79.82 Cr | ₹79.79 Cr | ₹79.92 Cr | ₹79.97 Cr | ₹58.58 Cr | ₹58.49 Cr | ₹58.91 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹3 Lakh | ₹24.86 Lakh | -₹8,000 | -₹2.62 Lakh | ₹45.99 Lakh |
| Investing Cash Flow | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Financing Cash Flow | ₹0 | -₹28.6 Lakh | -₹24.66 Lakh | -₹17.35 Lakh | ₹0 |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹3 Lakh | ₹24.86 Lakh | -₹8,000 | -₹2.62 Lakh | ₹45.99 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹3 Lakh | -₹3.74 Lakh | -₹24.74 Lakh | -₹19.97 Lakh | ₹45.99 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Income | ₹25 Lakh | ₹10.87 Lakh | ₹10.87 Lakh | ₹10.88 Lakh | ₹9.9 Lakh | ₹10.12 Lakh | ₹10.12 Lakh | ₹10.93 Lakh |
| Total Income | ₹25 Lakh | ₹10.87 Lakh | ₹10.87 Lakh | ₹10.88 Lakh | ₹9.9 Lakh | ₹10.12 Lakh | ₹10.12 Lakh | ₹10.93 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1 Lakh | ₹75,000 | ₹75,000 | ₹75,000 | ₹60,000 | ₹60,000 | ₹60,000 | ₹60,000 |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹9.92 Cr | ₹1.09 Lakh | ₹2.45 Lakh | ₹4.25 Lakh | ₹1.21 Cr | ₹1.2 Cr | ₹1.19 Cr | ₹1.21 Cr |
| Total Expenses | ₹9.93 Cr | ₹1.84 Lakh | ₹3.2 Lakh | ₹5 Lakh | ₹1.22 Cr | ₹1.2 Cr | ₹1.2 Cr | ₹1.22 Cr |
| Profit Before Exceptional Items & Tax | -₹9.68 Cr | ₹9.03 Lakh | ₹7.67 Lakh | ₹5.88 Lakh | -₹1.12 Cr | -₹1.1 Cr | -₹1.09 Cr | -₹1.11 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹9.68 Cr | ₹9.03 Lakh | ₹7.67 Lakh | ₹5.88 Lakh | -₹1.12 Cr | -₹1.1 Cr | -₹1.09 Cr | -₹1.11 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹9.68 Cr | ₹9.03 Lakh | ₹7.67 Lakh | ₹5.88 Lakh | -₹1.12 Cr | -₹1.1 Cr | -₹1.09 Cr | -₹1.11 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹9.68 Cr | ₹9.03 Lakh | ₹7.67 Lakh | ₹5.88 Lakh | -₹1.12 Cr | -₹1.1 Cr | -₹1.09 Cr | -₹1.11 Cr |
| EBITDA (computed) | -₹9.68 Cr | ₹9.03 Lakh | ₹7.67 Lakh | ₹5.88 Lakh | -₹1.12 Cr | -₹1.1 Cr | -₹1.09 Cr | -₹1.11 Cr |
| Basic EPS | ₹-48.39 | ₹0.45 | ₹0.38 | ₹0.29 | ₹-5.60 | ₹-5.51 | ₹-5.47 | ₹-5.55 |
| Diluted EPS | ₹-48.39 | ₹0.45 | ₹0.38 | ₹0.29 | ₹-5.60 | ₹-5.51 | ₹-5.47 | ₹-5.55 |
Shareholding Pattern of Gaekwar Mills Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, domestic institutional investors hold 2.44%, retail and other public shareholders hold 97.56% of Gaekwar Mills Limited. The company had 1,107 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | - | - | - | - | - | - |
| Public | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | - | - | - |
| Public | 100.00% | 100.00% | 100.00% |
| Promoter change (YoY, %pts) | - | - | - |
Charges & Borrowings of Gaekwar Mills Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2013 | Platinum Square Private Limited | ₹5 Cr | Open |
| 23 Dec 2010 | Platinum Square Private Limited | ₹30 Cr | Open |
| 19 Dec 1985 | Industrial Reconstruction Bank of India | ₹55 Lakh | Open |
| 28 Mar 1985 | Industrial Development Bank of India | ₹1.76 Cr | Open |
| 30 Nov 1984 | Union Bank of India | ₹11.8 Lakh | Satisfied |
Total charge records: 24 View all charges
Employees and EPFO Compliance at Gaekwar Mills Limited
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Employee Count & EPFO Data of Gaekwar Mills Limited
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GST Compliance of Gaekwar Mills Limited
GSTIN & GST Filing Data of Gaekwar Mills Limited
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Credit Ratings, Litigation & Regulatory Alerts for Gaekwar Mills Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Gaekwar Mills Limited
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MSME Payment Delays by Gaekwar Mills Limited
MSME Payment Delays by Gaekwar Mills Limited
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Subsidiaries & Group Companies of Gaekwar Mills Limited
Subsidiaries & Group Companies of Gaekwar Mills Limited
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MCA Filings & Documents of Gaekwar Mills Limited
MCA Filings & Documents of Gaekwar Mills Limited
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Recent Activity on Gaekwar Mills Limited
Frequently Asked Questions about Gaekwar Mills Limited
Gaekwar Mills Limited is an active public limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 31 August 1949 (77+ years old) and is registered under CIN L17120MH1949PLC007731. Listed on BSE: 502850.
Gaekwar Mills Limited reported revenue of ₹41 Lakh for FY 2025 (down 45.00% YoY).
The current directors of Gaekwar Mills Limited are:
- Mipan Navinchandra Shah
- Dhruv Nikunj Shah
- Shweta Dhruv Shah
- Nidhi Ganesh Sharda
- Bhavik Ashokkumar Shah
- Girishbhai Champaklal Shah
- Mihir Rajesh Parikh
- Nidhi Vinodkumar Darak
- Harsh Vikas Shah
The primary industry of Gaekwar Mills Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.
Yes. Gaekwar Mills Limited is listed on BSE with code 502850.
Gaekwar Mills Limited can be reached at the registered office: 22 Flr – Grd Plot – 2 New Sion Chs Swami Vallabhdas Marg Road No 24 Sindhi Colo, Ny Sion, Mumbai, Maharashtra, India – 400022, or through the website gaekwarmills.com.