About Goodwill Fabrics Private Limited
Data last updated:
Goodwill Fabrics Private Limited is a private limited company based in Bhilwara, Rajasthan, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 21 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17119RJ1995PTC009887. Its GSTIN is 08AABCG1944M1ZF (Rajasthan). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹38 Lakh. It is led by directors Radhey Shyam Baheria and Rajendra Baheria.
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 81 Subhash Nagar Near Uit, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2025, the company reported a revenue of ₹176.54 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹6.87 Cr (net margin 3.9%) and EBITDA of ₹13.13 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 15% over five years.
The company has about 973 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Goodwill Fabrics. As per MCA filings, the company has open charges of ₹55.72 Cr and satisfied charges of ₹13.8 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹15 Lakh; the latest was in January 2022. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Silvertech Fibers Private Limited with revenue of ₹178.07 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goodwillfabrics.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address81 Subhash Nagar Near Uit, Bhilwara, Rajasthan, India – 311001
- IndustryFashion and Textile, Innerwear
- 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
- One PDF report, delivered after checkout
Associated Brands with Goodwill Fabrics Private Limited
Goodwill Fabrics operates one associated brand: Goodwill Fabrics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports premium garments and fabrics using sustainable, vertically integrated processes. | goodwillfabrics.com |
Business Activity of Goodwill Fabrics Private Limited
The main business activity of Goodwill Fabrics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Goodwill Fabrics Private Limited FY 2025 filings available
Goodwill Fabrics Private Limited reported revenue of ₹176.54 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Goodwill Fabrics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 8% growth in the latest year. EBITDA fell 4% 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 of Goodwill Fabrics Private Limited
| 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 | ₹13.13 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.87 Cr | •••• | •••• | •••• | •••• |
| 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 of Goodwill Fabrics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Goodwill Fabrics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Goodwill Fabrics Private Limited
Goodwill Fabrics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhey Shyam Baheria Also directs: Swastika Threads Private Limited, Neelu Textiles Private Limited, Swastika Suitings Private Limited and 3 more | Director | 21 Apr 1995 | 31 Years 6 Months | Current |
| Rajendra Baheria Also directs: Swastika Threads Private Limited, Neelu Textiles Private Limited, Nishtha Investments Pvt. Ltd and 1 more | Director | 21 Apr 1995 | 31 Years 6 Months | Current |
Peer Comparison of Goodwill Fabrics Private Limited
Goodwill Fabrics Private 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Silvertech Fibers Private Limited | ₹178.07 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Rajkot, Gujarat, India |
| Antique Evvolution Private Limited | ₹177.92 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Morbi, Gujarat, India |
| Coimbatore Polytex Private Limited | ₹177.17 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Coimbatore, Tamil Nadu, India |
| Hidesign India Private Limited | ₹176.78 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Top Light Textiles Private Limited | ₹176.6 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Tirupur, Tamil Nadu, India |
| Goodwill Fabrics Private Limited this company | ₹176.54 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bhilwara, Rajasthan, India |
| Karnika Industries Limited | ₹176.28 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Howrah, West Bengal, India |
| Shree Ambica Agro Industries Pvt Ltd | ₹176.27 Cr (FY 2025) | •••• | •••• | 198.0% | •••• | Bolangir, Odisha, India |
| Stitched Textiles Limited | ₹175.24 Cr (FY 2023) | •••• | •••• | 62.0% | •••• | Ahmedabad, Gujarat, India |
| P.A.R.K Industries Private Limited | ₹174.91 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Delhi, India |
| Shivay Spinning Mill Private Limited | ₹174.06 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Hinganghat, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Goodwill Fabrics 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 Goodwill Fabrics Private Limited
Goodwill Fabrics Private Limited is audited by ARUN LOHIYA AND COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARUN LOHIYA AND COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Goodwill Fabrics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Goodwill Fabrics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2006 | Others | ₹55.72 Cr | Open |
| 25 Sep 2018 | Others | ₹10.8 Cr | Satisfied |
| 31 Mar 2015 | Icici Bank Limited | ₹3 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Goodwill Fabrics Private Limited
Goodwill Fabrics Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹15 Lakh; the latest was in January 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Oct 2008 | Funding round | ₹15 Lakh | Investors: Blue Wave Clothing Private Limited , an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Goodwill Fabrics Private Limited
Goodwill Fabrics Private Limited has 4 court cases on record: 3 filed by Goodwill Fabrics, 1 filed against it. 1 case is pending and 3 are disposed. Status as checked between 28 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Union of India | Pending |
| High Court of Rajasthan | Tax appeal | Filed against the company by PR. Commissioner of Income Tax | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Addl.Commissioner of Income Tax | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against Addl.Commissioner of Income Tax | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Goodwill Fabrics Private Limited
Goodwill Fabrics Private Limited has a workforce of 973 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Goodwill Fabrics Private Limited
Goodwill Fabrics Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Radhey Shyam Baheria was appointed as Director on 21 Apr 1995.
Credit Ratings, Litigation & Regulatory Alerts for Goodwill Fabrics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Goodwill Fabrics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Goodwill Fabrics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Goodwill Fabrics Private Limited
Goodwill Fabrics has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCG1944M1ZF | Rajasthan | Active | 01 Jul 2017 |
| 29AABCG1944M1ZB | Karnataka | Active | 01 Jul 2017 |
| 33AABCG1944M1ZM | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Goodwill Fabrics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Goodwill Fabrics Private Limited
Goodwill Fabrics is an active private limited company based in Bhilwara, Rajasthan, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 21 April 1995 (31+ years old) and is registered under CIN U17119RJ1995PTC009887.
Goodwill Fabrics reported revenue of ₹176.54 Cr for FY 2025 (up 8% YoY).
Goodwill Fabrics has 2 current directors:
- Radhey Shyam Baheria - Director
- Rajendra Baheria - Director
Goodwill Fabrics reported a net profit of ₹6.87 Cr (net margin 3.9%) and EBITDA of ₹13.13 Cr (EBITDA margin 7.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Goodwill Fabrics is 23% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Goodwill Fabrics is 08AABCG1944M1ZF, registered in Rajasthan. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AABCG1944M1ZB (Karnataka), 33AABCG1944M1ZM (Tamil Nadu).
The CIN (Corporate Identification Number) of Goodwill Fabrics is U17119RJ1995PTC009887. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goodwill Fabrics has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending.
Goodwill Fabrics was incorporated on 21 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.
Goodwill Fabrics has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹15 Lakh; the latest was in January 2022.
The peers of Goodwill Fabrics by revenue are Silvertech Fibers Private Limited, Antique Evvolution Private Limited, Coimbatore Polytex Private Limited, Hidesign India Private Limited, Top Light Textiles Private Limited and 5 more, all in the Manufacturing industry (Textiles).