Grafax Knitwears Limited - home & lifestyle in Delhi, India. FY 2026 financials & compliance.
CIN U74899DL1997PLC085330 Incorporated 24 February 1997 ROC Delhi HQ Delhi, India
Active Public Limited Company home and lifestyle MSME · Small
Data last updated
Revenue · FY 2024
₹9.39 Cr
▼ 33% YoY
Net loss · FY 2024
₹2.49 Cr
Net margin -26.5%
EBITDA · FY 2024
-₹1.98 Cr
EBITDA margin -21.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.02 Cr
Issued & subscribed
Open charges
₹42.59 Cr
Satisfied ₹630.18 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
2
Provident fund records

About Grafax Knitwears Limited

Data last updated:

Grafax Knitwears Limited is a public limited company based in Delhi, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 24 February 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1997PLC085330. Its GSTIN is 07AAACV3918K1Z5 (Delhi). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.02 Cr. It was formerly known as Veena Enterprises Limited. It is led by directors including Rakesh Bajaj and Bhupendra Negi.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 81 Vigyan Vihar, Delhi, India – 110092.

As per the financials filed for FY 2024, the company reported a revenue of ₹9.39 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹2.49 Cr (net margin -26.5%) and EBITDA of -₹1.98 Cr (EBITDA margin -21.1%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 31% over five years.

The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹42.59 Cr and satisfied charges of ₹630.18 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 1 case is pending.

Grafax Knitwears Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0003701). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74899DL1997PLC085330
Registration Number 085330
Incorporation Date 24 February 1997
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-20-0003701

Recognitions & Rankings of Grafax Knitwears

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-20-0003701

Contact details

Grafax Knitwears Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    81 Vigyan Vihar, Delhi, India – 110092
  • Industry
    Home & Lifestyle, Textile Retail & Distribution

To see the full contact details of Grafax Knitwears Limited, buy the company report.

Comprehensive company report
Grafax Knitwears 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Grafax Knitwears is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Grafax Knitwears Limited, buy the company report.

Financials of Grafax Knitwears Limited

FY 2024 filings available

Grafax Knitwears Limited reported revenue of ₹9.39 Cr (down 33% YoY) for FY 2024.

Revenue · FY 2024
₹9.39 Cr ▼ 33%
Net loss · FY 2024
₹2.49 Cr margin -26.5%
EBITDA · FY 2024
-₹1.98 Cr margin -21.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 18%
5 years · compounded
▼ 31%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 46%
5 years · compounded
▼ 26%

Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 33% fall in the latest year. EBITDA fell 6% 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-₹1.98 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.49 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-21.1%
Net Profit Margin-26.5%
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 Grafax Knitwears Limited, buy the company report.

Board of directors of Grafax Knitwears Limited

Grafax Knitwears has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rakesh BajajDirector02 Sep 20197 Years 2 MonthsCurrent
Bhupendra NegiDirector10 Feb 20206 Years 8 MonthsCurrent
Seema BajajDirector18 Feb 20206 Years 8 MonthsCurrent
Veena ManchandaDirector21 Feb 20224 Years 8 MonthsCurrent

Peer comparison

Grafax Knitwears Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
MSRM International Trading Private Limited₹9.41 Cr (FY 2024)-73.0%Hyderabad, Telangana, India
Grafax Knitwears Limitedthis company₹9.39 Cr (FY 2024)-₹2.49 Cr-26.5%-33.0%2Delhi, India
Venus Textile Solutions Private Limited₹9.37 Cr (FY 2025)3443.0%Coimbatore, Tamil Nadu, India
Bhagwati Dupatta House Private Limited₹9.35 Cr (FY 2025)4.0%Kanpur, Uttar Pradesh, India

To see the full peer comparison of Grafax Knitwears Limited, buy the company report.

Auditor

Grafax Knitwears Limited is audited by SHIV & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SHIV & ASSOCIATESFY 2023009989N

Shareholding

The shareholding of Grafax Knitwears Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Grafax Knitwears Limited, buy the company report.

Charges & borrowings

Open charges
₹42.59 Cr
Satisfied charges
₹630.18 Cr
Breakdown by lending institutions
State Bank of India₹26.59 Cr
Others₹11.00 Cr
Indian Overseas Bank₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 May 2024100942880Indian Overseas Bank₹5 CrOpen
19 Jan 2021100414656State Bank of India₹3.97 CrOpen
03 Jun 2020100346044State Bank of India₹2.9 CrOpen
03 Jan 2020100316942Others₹11 CrOpen
22 Mar 2018100176878State Bank of India₹19.72 CrOpen

To see the full charge records of Grafax Knitwears Limited, buy the company report.

Total charge records: 17 View all charges

MSME payment delays

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

Group structure & subsidiaries

Grafax Knitwears has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Grafax Cotton Private LimitedU17121DL2006PTC155612

To see the full group structure of Grafax Knitwears Limited, buy the company report.

Employees & EPFO

Grafax Knitwears Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1

GST

Grafax Knitwears has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
07AAACV3918K1Z5DelhiActive01 Jul 2017
05AAACV3918K1Z9UttarakhandActive12 Sep 2017
27AAACV3918K1Z3MaharashtraActive30 Jul 2018
19AAACV3918K1Z0West BengalActive30 Dec 2021

To see the full GST registrations and return filing status of Grafax Knitwears Limited, buy the company report.

Recent activity

Grafax Knitwears Limited has 12 board changes on record since 2012: 4 appointments and 8 cessations. The latest: Veena Manchanda was appointed as Director on 21 Feb 2022.

AGM
Grafax Knitwears Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 21 Dec 2020 via Charge ID 100404497 with Indian Overseas Bank was fully satisfied on 15 Jun 2024.
Charges
A charge registered on 06 Jun 2017 via Charge ID 100113289 with Indian Overseas Bank was fully satisfied on 15 Jun 2024.
Charges
A charge registered on 02 Jan 2016 via Charge ID 10622514 with Indian Overseas Bank was fully satisfied on 15 Jun 2024.
Charges
A charge registered on 24 Nov 2012 via Charge ID 10392406 with Indian Overseas Bank(Lead Bank) was fully satisfied on 15 Jun 2024.
Charges
A charge registered on 01 Feb 2008 via Charge ID 10104192 with Indian Overseas Bank was fully satisfied on 15 Jun 2024.
Charges
A charge registered on 01 Feb 2008 via Charge ID 10108170 with Others was fully satisfied on 15 Jun 2024.
Charges
A charge registered on 15 Jun 1998 via Charge ID 90034701 with Indian Overseas Bank was fully satisfied on 15 Jun 2024.
Charges
A charge with Indian Overseas Bank amounted to Rs. 5.00 Cr with Charge ID 100942880 was registered on 22 May 2024.
Filing
Grafax Knitwears Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Indian Overseas Bank of Rs. 97.08 Cr registered on 06 Jun 2017 with Charge ID 100113289 was modified on 19 Jan 2023.
Charges
A charge with Others of Rs. 11.00 Cr registered on 03 Jan 2020 with Charge ID 100316942 was modified on 14 Mar 2022.

40 earlier events are in the company report.

Frequently asked questions

Grafax Knitwears is an active public limited company based in Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 24 February 1997 (29+ years old) and is registered under CIN U74899DL1997PLC085330.

Grafax Knitwears has 4 current directors:

The latest financial statements of Grafax Knitwears on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Grafax Knitwears is 07AAACV3918K1Z5, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 05AAACV3918K1Z9 (Uttarakhand), 27AAACV3918K1Z3 (Maharashtra), 19AAACV3918K1Z0 (West Bengal).

The CIN (Corporate Identification Number) of Grafax Knitwears is U74899DL1997PLC085330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Grafax Knitwears has 11 court cases on record: 2 filed by the company and 9 filed against it. 1 is pending. Most are in the district courts.

Grafax Knitwears was incorporated on 24 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Grafax Knitwears by revenue are MSRM International Trading Private Limited, Venus Textile Solutions Private Limited, Bhagwati Dupatta House Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).

Veena Manchanda was appointed as Director on 21 Feb 2022. Bhupendra Negi ceased to be Additional Director on 31 Dec 2020. Seema Bajaj ceased to be Director on 30 Dec 2020. Grafax Knitwears has 12 board changes on record in total.

Yes, Grafax Knitwears is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0003701).

The registered office of Grafax Knitwears is at 81 Vigyan Vihar, Delhi, India – 110092.