Goel Hosiery Mills Private Limited

Goel Hosiery Mills Private Limited - fashion and textile in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U17111PB2000PTC023786 Incorporated 22 June 2000 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company fashion and textile
Data last updated
Revenue · FY 2024
₹4.12 Cr
▼ 19% YoY
Net profit · FY 2024
₹2.84 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹23.85 Lakh
EBITDA margin 5.8%
Authorised capital
₹26 Lakh
Registered with MCA
Paid-up capital
₹25.89 Lakh
Issued & subscribed
Open charges
₹1.98 Cr
Secured borrowings
Company age
26 yrs
Est. 2000
Directors on board
4
As per MCA filings

About Goel Hosiery Mills Private Limited

Data last updated:

Goel Hosiery Mills Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 22 June 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17111PB2000PTC023786. Its GSTIN is 03AABCG4328H1Z0 (Punjab).

The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹25.89 Lakh. It is led by directors including Nitin Goel and Kusum Jindal.

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 Gali No 5 Deep Nagar Civil Lines, Ludhiana, Punjab, India – 141001.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.12 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Lakh (net margin 0.7%) and EBITDA of ₹23.85 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.

As per MCA filings, the company has open charges of ₹1.98 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17111PB2000PTC023786
Registration Number 023786
Incorporation Date 22 June 2000
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Goel Hosiery Mills Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Gali No 5 Deep Nagar Civil Lines, Ludhiana, Punjab, India – 141001
  • Industry
    Fashion and Textile, Innerwear

To see the full contact details of Goel Hosiery Mills Private Limited, buy the company report.

Comprehensive company report
Goel Hosiery Mills 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 Goel Hosiery Mills is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Goel Hosiery Mills Private Limited, buy the company report.

Financials of Goel Hosiery Mills Private Limited

FY 2025 filings available

Goel Hosiery Mills Private Limited reported revenue of ₹4.12 Cr (down 19% YoY) for FY 2024.

Revenue · FY 2024
₹4.12 Cr ▼ 19%
Net profit · FY 2024
₹2.84 Lakh margin 0.7%
EBITDA · FY 2024
₹23.85 Lakh margin 5.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 9%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 17%
5 years · compounded
▼ 4%

Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 19% fall in the latest year. EBITDA fell 32% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹23.85 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.84 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.8%
Net Profit Margin0.7%
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 Goel Hosiery Mills Private Limited, buy the company report.

Board of directors of Goel Hosiery Mills Private Limited

Goel Hosiery Mills has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nitin GoelDirector14 Mar 20179 Years 7 MonthsCurrent
Kusum JindalDirector22 Jun 200026 Years 4 MonthsCurrent
Ramesh GoelDirector22 Jun 200026 Years 4 MonthsCurrent
Gaurav GoelDirector22 Jun 200026 Years 4 MonthsCurrent

Peer comparison

Goel Hosiery Mills Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Hosiery, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Visagar Textiles Private Limited₹4.13 Cr (FY 2025)-16.0%Mumbai, Maharashtra, India
Mahabahu Creation Private Limited₹4.12 Cr (FY 2025)82.0%Surat, Gujarat, India
Topwell Apparels Private Limited₹4.12 Cr (FY 2024)29.0%Bengaluru, Karnataka, India
Umang White Gold Private Limited₹4.12 Cr (FY 2023)Chalisgaon, Maharashtra, India
Ekaksh Agro Industries Private Limited₹4.12 Cr (FY 2025)-79.0%Sri Ganganagar, Rajasthan, India
Goel Hosiery Mills Private Limitedthis company₹4.12 Cr (FY 2024)₹2.84 Lakh0.7%-19.0%Ludhiana, Punjab, India
Qdis Texofab Private Limited₹4.11 Cr (FY 2025)-19.0%Kolkata, West Bengal, India
Chintoo Creation Private Ltd₹4.1 Cr (FY 2025)79.0%New Delhi, Delhi, India
Yogi Polyfab Private Limited₹4.1 Cr (FY 2024)25.0%Surat, Gujarat, India

To see the full peer comparison of Goel Hosiery Mills Private Limited, buy the company report.

Auditor

Goel Hosiery Mills Private Limited is audited by SUMAT GUPTA & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
SUMAT GUPTA & COFY 2020010288N

Shareholding

The shareholding of Goel Hosiery Mills Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Goel Hosiery Mills Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.98 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹1.45 Cr
Small Industries Development Bank of India₹0.34 Cr
Hdfc Bank Limited₹0.19 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Jan 2024100869993Hdfc Bank Limited₹19 LakhOpen
27 Jul 201010230486Small Industries Development Bank of India₹34 LakhOpen
20 Sep 200610020288State Bank of India₹1.25 CrOpen
25 May 200490180797State Bank of India₹10 LakhOpen
23 Mar 200490311996State Bank of India₹10 LakhOpen

To see the full charge records of Goel Hosiery Mills Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Goel Hosiery Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Goel Hosiery Mills has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AABCG4328H1Z0PunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Goel Hosiery Mills Private Limited, buy the company report.

Recent activity

Goel Hosiery Mills Private Limited has 6 board changes on record since 2000: 4 appointments and 2 cessations. The latest: Jagdish Goel ceased to be Director on 25 Dec 2022.

AGM
Goel Hosiery Mills Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Goel Hosiery Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.00 Lakh with Charge ID 100869993 was registered on 09 Jan 2024.
Ceased
Jagdish Goel ceased to be Director.
Ceased
Nitin Goel ceased to be Additional Director.
Appointed
Nitin Goel was appointed as Director.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 34.00 Lakh with Charge ID 10230486 was registered on 27 Jul 2010.
Charges
A charge with State Bank Of India of Rs. 125.00 Lakh registered on 20 Sep 2006 with Charge ID 10020288 was modified on 09 Jul 2009.
Charges
A charge with State Bank Of India amounted to Rs. 125.00 Lakh with Charge ID 10020288 was registered on 20 Sep 2006.
Charges
A charge with State Bank Of India amounted to Rs. 10.00 Lakh with Charge ID 90180797 was registered on 25 May 2004.
Charges
A charge with State Bank Of India amounted to Rs. 10.00 Lakh with Charge ID 90311996 was registered on 23 Mar 2004.
Appointed
Gaurav Goel was appointed as Director.

3 earlier events are in the company report.

Frequently asked questions

Goel Hosiery Mills is an active private limited company based in Ludhiana, Punjab, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 22 June 2000 (26+ years old) and is registered under CIN U17111PB2000PTC023786.

Goel Hosiery Mills has 4 current directors:

The latest financial statements of Goel Hosiery Mills 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 Goel Hosiery Mills is 03AABCG4328H1Z0, registered in Punjab.

The CIN (Corporate Identification Number) of Goel Hosiery Mills is U17111PB2000PTC023786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Goel Hosiery Mills was incorporated on 22 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Goel Hosiery Mills by revenue are Visagar Textiles Private Limited, Mahabahu Creation Private Limited, Topwell Apparels Private Limited, Umang White Gold Private Limited, Ekaksh Agro Industries Private Limited and 3 more, all in the Manufacturing industry (Hosiery, Textiles), with the same principal business activity (textile, leather and other apparel products).

Jagdish Goel ceased to be Director on 25 Dec 2022. Nitin Goel ceased to be Additional Director on 30 Sep 2017. Nitin Goel was appointed as Director on 14 Mar 2017. Goel Hosiery Mills has 6 board changes on record in total.

The registered office of Goel Hosiery Mills is at Gali No 5 Deep Nagar Civil Lines, Ludhiana, Punjab, India – 141001.

Goel Hosiery Mills operates in the fashion and textile industry, in the innerwear segment.

Goel Hosiery Mills has open charges of ₹1.98 Cr and no satisfied charges on record as per latest MCA filings.