Gini Silk Mills Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L17300MH1981PLC024184 Incorporated 03 April 1981 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 531744 Public Limited Company manufacturing
Data last updated
Market Cap
₹33.53 Cr
GINISILK · BSE
Share Price
₹61.58
+2.70% today
Revenue
₹39.52 Cr
FY 2025-26 · -2.5% YoY
EBITDA
₹1.22 Cr
Margin 3.1%
Net Profit
₹0.67 Cr
FY 2025-26 · -8.2% YoY
P/E (TTM)
14.6x
P/B 0.6x
ROE
1.3%
ROCE 2.6%
Debt / Equity
0.07
Interest cover -130.4x

About Gini Silk Mills Limited

Data last updated:

Gini Silk 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 03 April 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L17300MH1981PLC024184. Its GSTIN is 27AAACG0551H1ZY (Maharashtra). The company holds 2 GST registrations, of which 1 is active. Its shares are listed on BSE: 531744.

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.59 Cr. It was formerly known as Gini Silk Mills Private Limited. It is led by directors including Deepak Vishwanath Harlalka (Managing Director) and Pranav Deepak Harlalka (Whole-Time Director).

Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹39.52 Cr, a decline of 2.5% compared to the previous year. For the same year it recorded a net profit of ₹67 Lakh (net margin 1.7%) and EBITDA of ₹1.22 Cr (EBITDA margin 3.1%). The net worth stands at ₹51.81 Cr (up 4.2% YoY). Total assets are valued at ₹56.7 Cr (up 2.8% YoY).

The company has about 57 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Gini Silk Mills. As per MCA filings, the company has open charges of ₹5.53 Cr and satisfied charges of ₹13.79 Cr on record. Court records list 18 cases involving the company, including 13 filed by the company and 4 filed against it; 4 cases are pending. The company has 64 deals on record (64 market trades); the latest was in June 2024. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is N. Parvathy Silks Theni Private Limited with revenue of ₹42.78 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 309 overdue payments to 27 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ginitex.com.

Company Details of Gini Silk Mills Limited
CIN L17300MH1981PLC024184
Registration Number 024184
Incorporation Date 03 April 1981
ROC Mumbai
Listing Status Listed (BSE: 531744)
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    413 Jogani Industrial Estate Opp. Kasturba – Hospital J. R. Boricha Marg Lower Par, El (East), Mumbai, Maharashtra, India – 400011
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Gini Silk Mills Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Gini Silk Mills Limited

The main business activities of Gini Silk Mills are manufacturing and support service to organizations. In detail, this covers textile, leather and other apparel products and other support services to organizations. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
NSupport service to OrganizationsN7Other support services to organizationsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Verified entity values are shown only after access is granted.

Financials of Gini Silk Mills Limited FY 2025-26 filings available

Gini Silk Mills Limited reported revenue of ₹39.52 Cr (down 2.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹39.52 Cr
-2.5% YoY
EBITDA
₹1.22 Cr
-19.7% YoY
Profit After Tax
₹0.67 Cr
-8.2% YoY
Net Worth
₹51.81 Cr
+4.2% YoY
Total Assets
₹56.70 Cr
+2.8% YoY
Total Debt
₹3.37 Cr
-20.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue39.5240.5244.4246.6931.3717.1336.70
Revenue growth-2.5%-8.8%-4.9%+48.8%+83.1%-53.3%-
EBITDA1.221.522.572.25(0.33)(1.38)2.22
EBITDA margin+3.1%+3.8%+5.8%+4.8%-1.1%-8.1%+6.1%
Profit before tax1.912.143.481.880.45(0.77)2.06
Net profit0.670.732.081.52(0.05)(1.08)1.95
Net profit margin+1.7%+1.8%+4.7%+3.3%-0.2%-6.3%+5.3%
EPS (₹)2.843.235.432.740.68(1.00)3.36
Balance sheet
Total assets56.7055.1557.4552.0851.1246.3546.90
Net worth51.8149.7047.6342.5142.0340.8640.60
Total debt3.374.248.718.488.535.025.74
Cash & bank0.120.130.070.040.040.400.10
Net working capital7.398.569.2210.448.4919.2019.68
Cash flow
Cash from operations1.881.843.490.37(3.77)(0.80)2.65
Cash from investing(0.89)3.24(2.70)0.81(0.03)2.08(0.56)
Cash from financing(0.99)(5.02)(0.75)(1.17)3.45(0.98)(2.21)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.0510.258.9110.759.1411.039.3410.92
Revenue growth (YoY)-1.0%-7.1%-4.6%-1.6%+4.6%---
Other income1.350.090.920.570.850.490.370.84
Total expenses9.209.828.9910.098.9410.629.0110.29
EBITDA(0.15)0.43(0.08)0.660.200.410.330.63
EBITDA margin-1.7%+4.2%-0.9%+6.1%+2.2%+3.7%+3.5%+5.8%
Depreciation0.360.340.370.400.330.360.360.36
Interest0.070.060.080.070.090.160.110.11
Profit before tax0.770.120.390.760.630.380.231.00
Tax(0.01)(0.11)0.18(0.24)0.490.04(0.13)0.41

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.0510.258.9110.759.1411.039.3410.92
Revenue growth (YoY)-1.0%-7.1%-4.6%-1.6%+4.6%---
Other income1.350.090.920.570.850.490.370.84
Total expenses9.209.828.9910.098.9410.629.0110.29
EBITDA(0.15)0.43(0.08)0.660.200.410.330.63
EBITDA margin-1.7%+4.2%-0.9%+6.1%+2.2%+3.7%+3.5%+5.8%
Depreciation0.360.340.370.400.330.360.360.36
Interest0.070.060.080.070.090.160.110.11
Profit before tax0.770.120.390.760.630.380.231.00
Tax(0.01)(0.11)0.18(0.24)0.490.04(0.13)0.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue39.5240.5244.4246.6931.3717.1336.70
Revenue growth-2.5%-8.8%-4.9%+48.8%+83.1%-53.3%-
Other income2.442.613.071.692.192.161.42
Total expenses38.3039.0041.8544.4431.7018.5134.48
Employee cost4.864.484.504.333.623.004.38
EBITDA1.221.522.572.25(0.33)(1.38)2.22
EBITDA margin+3.1%+3.8%+5.8%+4.8%-1.1%-8.1%+6.1%
Depreciation1.451.431.391.371.241.191.19
Interest0.300.560.770.690.170.360.39
Profit before tax1.912.143.481.880.45(0.77)2.06
Tax0.320.320.450.350.08(0.23)0.18
Net profit0.670.732.081.52(0.05)(1.08)1.95
Net profit margin+1.7%+1.8%+4.7%+3.3%-0.2%-6.3%+5.3%
EPS (₹)2.843.235.432.740.68(1.00)3.36
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital5.595.595.595.595.595.595.59
Reserves & surplus46.2244.1142.0436.9236.4435.2735.01
Shareholders' funds (net worth)51.8149.7047.6342.5142.0340.8640.60
Secured loans0.000.791.291.962.610.501.86
Unsecured loans3.373.457.426.525.924.523.88
Total debt3.374.248.718.488.535.025.74
Total liabilities56.7055.1557.4552.0851.1246.3546.90
Assets
Gross block27.7827.7626.5025.8225.7722.7622.74
Net block10.7412.0911.7412.4513.1911.3212.37
Capital work in progress0.000.000.000.000.030.000.00
Investments32.7829.1731.3324.2825.0312.1311.37
Inventories4.054.586.297.266.103.504.84
Sundry debtors5.375.294.708.226.964.736.68
Cash & bank balances0.120.130.070.040.040.400.10
Loans & advances3.483.873.762.292.5114.5813.42
Total current assets13.0213.8714.8217.8115.6123.2125.04
Total current liabilities5.635.315.607.377.124.015.36
Net working capital7.398.569.2210.448.4919.2019.68
Total assets56.7055.1557.4552.0851.1246.3546.90
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.120.070.040.030.390.090.21
Net cash from operating activities1.881.843.490.37(3.77)(0.80)2.65
Net cash from investing activities(0.89)3.24(2.70)0.81(0.03)2.08(0.56)
Net cash from financing activities(0.99)(5.02)(0.75)(1.17)3.45(0.98)(2.21)
Net change in cash0.000.060.030.00(0.36)0.30(0.11)
Closing cash0.120.130.070.040.040.400.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-2.5%-8.8%-4.9%+48.8%+83.1%-53.3%-
EBITDA growth-19.7%-40.9%+14.2%+781.8%+76.1%-162.2%-
PBT growth-10.8%-38.5%+85.1%+317.8%+9998.0%-+62.2%
Net income growth-8.2%-64.9%+36.8%+3140.0%+95.4%-155.4%-
Revenue CAGR (3Y)-5.4%+8.9%+37.4%+8.4%-5.4%-25.1%-3.6%
EBITDA CAGR (3Y)-18.5%--+0.5%---12.8%
Profitability & leverage
Net income margin+4.0%+4.5%+6.8%+3.3%+1.2%-3.2%+5.1%
Return on capital employed+2.6%+3.2%+5.6%+5.0%+0.2%-2.1%+5.2%
Return on net worth+1.3%+1.5%+4.6%+3.6%-0.1%-2.7%+4.7%
Debt / equity0.070.130.190.200.160.130.16
Long-term debt / equity0.010.020.030.040.030.010.03
Interest cover-130.43622.2265.2578.41-10.83-14.0137.86
Efficiency & per share
Fixed asset turnover1.421.491.701.811.290.751.64
Inventory turnover9.167.466.566.996.544.117.47
Debtors turnover7.418.116.886.155.373.005.14
EPS (₹)2.843.235.432.740.68(1.00)3.36
Dividend per share (₹)0.000.000.000.000.000.000.50
Book value per share (₹)92.6488.8785.1776.0275.1673.0772.59
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Peer Comparison of Gini Silk Mills Limited

Gini Silk Mills Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
N. Parvathy Silks Theni Private Limited₹42.78 Cr (FY 2025)••••••••••••Theni, Tamil Nadu, India
Girdhar Fashions Private Limited₹42.78 Cr (FY 2025)••••••••3.0%••••Surat, Gujarat, India
Banarsi Dass Cotton Mills Private Limited₹42.74 Cr (FY 2025)••••••••-19.0%••••Haryana, India
Jai Tex Unit Private Limited₹42.72 Cr (FY 2025)••••••••156.0%••••Erode, Tamil Nadu, India
The India Jute and Industries Ltd₹42.65 Cr (FY 2024)••••••••-35.0%••••Kolkata, West Bengal, India
Siva Ram Yarns Private Limited₹42.57 Cr (FY 2025)••••••••4.0%••••Sankhavaram, Andhra Pradesh, India
Saket Tex-Dye Pvt.Ltd.₹42.56 Cr (FY 2024)••••••••-1.0%••••Mumbai, Maharashtra, India
Omkashi International Private Limited₹42.56 Cr (FY 2025)••••••••17.0%••••Ajmer, Rajasthan, India
Chinar Syntex Limited₹42.52 Cr (FY 2024)••••••••4.0%••••Haryana, India
Shri Adhiyaman Weaving Mills Private Limited₹42.52 Cr (FY 2025)••••••••8.0%••••Somanur, Tamil Nadu, India
Gini Silk Mills Limited this company₹39.52 Cr (FY 2026)••••••••-2.5%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Gini Silk Mills by revenue in the Manufacturing industry (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 Gini Silk Mills Limited

Gini Silk Mills Limited is audited by Vatsaraj & Co. for the financial year 2023.

NameStatusAppointment DateCessation Date
Vatsaraj & Co.LockedLockedLocked
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Board of Directors of Gini Silk Mills Limited

Gini Silk Mills has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepak Vishwanath HarlalkaManaging Director01 Jul 201016 Years 3 MonthsCurrent
Anjali Deepak HarlalkaDirector28 Mar 201511 Years 6 MonthsCurrent
Pranav Deepak HarlalkaWhole-Time Director27 Jul 20206 Years 2 MonthsCurrent
Ramakant GaggarDirector23 Aug 20242 Years 1 MonthsCurrent
Ajay Beniprasad JajodiaDirector12 Aug 20242 Years 1 MonthsCurrent
Hitesh Nandlal PoddarAdditional Director30 May 20260 Years 4 MonthsCurrent

Shareholding Pattern of Gini Silk Mills Limited

Shareholding for the quarter ended Mar 2026: promoters hold 75.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.00%.

Promoters: 75.00%Retail & Others: 25.00%
Mar 2026
QUARTER
75.00% Promoters
25.00% Retail & Others
Promoter holding - history
Now 75.00% · Mar 2026High 75.00% · Jun 2025Low 75.00% · Jun 2025
74%74.5%75%75.5%76%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 75.00%Sep 2025: 75.00%Dec 2025: 75.00%Mar 2026: 75.00%75.00%75.00%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%

Charges & Borrowings of Gini Silk Mills Limited

Open charges
₹5.53 Cr
Satisfied charges
₹13.79 Cr
Breakdown by lending institutions
Others₹5.53 Cr
Latest charge details
DateLenderAmountStatus
28 Aug 2017Others₹5.53 CrOpen
29 Jan 1997Sicom Limited₹1 CrSatisfied
11 Oct 1996The Mercantile Bank₹1.9 LakhSatisfied
03 Apr 1996State Bank of India₹11.39 CrSatisfied
15 May 1986Union Bank of India₹5 LakhSatisfied

Total charge records: 14 View all charges

Deals & Funding of Gini Silk Mills Limited

Gini Silk Mills Limited has 64 deals on record (64 market trades); the latest was in June 2024.

Total deals
64
Market trades
64

Deals on record (5 of 64)

WhenDealAmountParties
Jun 2024Market trade₹44.3 LakhSeller: Nishu Finlease Private Limited
Aug 2021Market trade₹49.9 LakhBuyer: an individual
Seller: Mangal Savitri Bizcon Private Limited
Aug 2019Market trade₹79.5 LakhBuyer: Mangal Savitri Bizcon Private Limited
Seller: an individual
Sep 2018Market trade₹4.24 CrBuyer: V S B Investments Pvt Ltd
Seller: Decent Financial Services Private Limited
Apr 2018Market trade₹10.68 CrBuyer: Nishu Finlease Private Limited , Decent Financial Services Private Limited
Seller: 2 individuals
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Gini Silk Mills Limited

Gini Silk Mills Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 309 overdue payments to 27 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 27)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
an individual supplier••••••••••••
Jostars Orgotech Private Limited••••••••••••
Research Dye Chem Private Limited••••••••••••
Associated Chemicals••••••••••••
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Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Gini Silk Mills Limited

Gini Silk Mills operates one associated brand: Gini Silk Mills. Each brand links to its own profile.

BrandDescriptionWebsite
Contract manufacturing of cotton and polyester fabrics is undertaken.ginitex.com

Employees and EPFO Compliance at Gini Silk Mills Limited

Gini Silk Mills Limited has a workforce of 57 employees as of Apr 07, 2024.

Employee count
57
Active EPFO establishments
2
Employee growth
-12.31%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Gini Silk Mills Limited

Gini Silk Mills has one previous CIN (Corporate Identification Number): U17300MH1981PLC024184. The current CIN is L17300MH1981PLC024184, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L17300MH1981PLC024184Current
U17300MH1981PLC024184Previous

News related to Gini Silk Mills Limited

Recent Activity on Gini Silk Mills Limited

Gini Silk Mills Limited has 19 board changes on record since 1988: 13 appointments and 6 cessations. The latest: Hitesh Nandlal Poddar was appointed as Additional Director on 30 May 2026.

Appointed
Hitesh Nandlal Poddar was appointed as Additional Director.
AGM
Gini Silk Mills Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Filing
Gini Silk Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Pankajkumar Agarwal ceased to be Director.
Appointed
Ramakant Gaggar was appointed as Director.
Appointed
Ajay Beniprasad Jajodia was appointed as Director.
Ceased
Suresh Gaggar ceased to be Director.
Charges
A charge with Others of Rs. 5.53 Cr registered on 28 Aug 2017 with Charge ID 100123664 was modified on 25 Aug 2023.
Appointed
Pranav Deepak Harlalka was appointed as Whole-Time Director.
Ceased
Vishwanath Sewaram Harlalka ceased to be Managing Director.
Charges
A charge with Others amounted to Rs. 5.53 Cr with Charge ID 100123664 was registered on 28 Aug 2017.
Charges
A charge registered on 03 Apr 1996 via Charge ID 90188647 with State Bank Of India was fully satisfied on 08 Aug 2017.

39 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Gini Silk Mills Limited

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Subsidiaries & Group Companies of Gini Silk Mills Limited

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GST Compliance of Gini Silk Mills Limited

Gini Silk Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACG0551H1ZYMaharashtraActive01 Jul 2017
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GST registrations and filing compliance

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MCA Filings & Documents of Gini Silk Mills Limited

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MCA filings and documents

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Frequently Asked Questions about Gini Silk Mills Limited

Gini Silk 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 03 April 1981 (45+ years old) and is registered under CIN L17300MH1981PLC024184. Listed on BSE: 531744.

Gini Silk Mills reported revenue of ₹39.52 Cr for FY 2025-26 (down 2.5% YoY) based on standalone financials.

Gini Silk Mills has 6 current directors:

The GSTIN of Gini Silk Mills is 27AAACG0551H1ZY, registered in Maharashtra. 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 Gini Silk Mills is L17300MH1981PLC024184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Gini Silk Mills is listed on BSE with code 531744.

Gini Silk Mills has 18 court cases on record: 13 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.

Gini Silk Mills was incorporated on 03 April 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.

Gini Silk Mills has 64 deals on record (64 market trades); the latest was in June 2024.

The peers of Gini Silk Mills by revenue are N. Parvathy Silks Theni Private Limited, Girdhar Fashions Private Limited, Banarsi Dass Cotton Mills Private Limited, Jai Tex Unit Private Limited, The India Jute and Industries Ltd and 5 more, all in the Manufacturing industry (Textiles).

Hitesh Nandlal Poddar was appointed as Additional Director on 30 May 2026. Pankajkumar Agarwal ceased to be Director on 26 Sep 2024. Ramakant Gaggar was appointed as Director on 23 Aug 2024. Gini Silk Mills has 19 board changes on record in total.

Gini Silk Mills has 8 MSME Form 1 returns on record between 2019 and 2023, listing 309 overdue payments to 27 micro and small suppliers. The latest return was filed on 02 Dec 2023.

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