About Hardik Textiles Private Limited
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Hardik Textiles Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 10 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17120KA2008PTC044912. Its GSTIN is 29AABCH9643Q1ZQ (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹91.3 Lakh. It is led by directors including Sriram Rajgopal Marda and Chandrakala Rajgopal Marda.
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 # 10 1st Floor 18th Cross Cubbonpet, Bengaluru, Karnataka, India – 560002.
As per the financials filed for FY 2025, the company reported a revenue of ₹178.74 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹8.83 Cr (net margin 4.9%) and EBITDA of ₹14.14 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 12% over five years.
The company is associated with 1 brand: Hardik Textiles. As per MCA filings, the company has open charges of ₹26.5 Cr and satisfied charges of ₹11.65 Cr on record. Court records list 14 cases involving the company, including 9 filed by the company and 5 filed against it; 6 cases are pending. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.94 Cr; the latest was in January 2020. Its 10 peer companies in the Consumer Products industry (Textile Retail and Distribution, Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Kamakshi Jute Industries Limited with revenue of ₹179.41 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 hardiktextiles.com.
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- TelephoneLocked
- Website
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- Registered Address# 10 1st Floor 18th Cross Cubbonpet, Bengaluru, Karnataka, India – 560002
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
Business Activity of Hardik Textiles Private Limited
The main business activity of Hardik Textiles is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Hardik Textiles Private Limited FY 2025 filings available
Hardik Textiles Private Limited reported revenue of ₹178.74 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hardik Textiles Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 2% 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 Hardik Textiles 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 | ₹14.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.83 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 Hardik Textiles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• | •••• | •••• |
| 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 Hardik Textiles 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.
Peer Comparison of Hardik Textiles Private Limited
Hardik Textiles Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| Kamakshi Jute Industries Limited | ₹179.41 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Kolkata, West Bengal, India |
| Sangam Yarn Private Limited | ₹179.32 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Kolkata, West Bengal, India |
| Windeson Trademart Private Limited | ₹178.97 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Nikhil Yarn Private Limited | ₹178.87 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Radhalaxmi Spintex Private Limited | ₹178.86 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Lakhdhirgadh, Gujarat, India |
| Hardik Textiles Private Limited this company | ₹178.74 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Bengaluru, Karnataka, India |
| Maris Spinners Limited Listed | ₹178.69 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
| Kamadgiri Fashion Limited Listed | ₹178.59 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Best Cotton Mills Private Limited | ₹178.39 Cr (FY 2022) | •••• | •••• | 104.0% | •••• | Tiruppur, Tamil Nadu, India |
| P B M Polytex Limited Listed | ₹178.2 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Petlad, Gujarat, India |
| Silvertech Fibers Private Limited | ₹178.07 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Rajkot, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Hardik Textiles by revenue in the Consumer Products industry (Textile Retail and Distribution, 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 Hardik Textiles Private Limited
Hardik Textiles Private Limited is audited by RAGHU G AND ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAGHU G AND ASSOCIATES | 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.
Board of Directors of Hardik Textiles Private Limited
Hardik Textiles has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriram Rajgopal Marda Also directs: Banashankari Textiles Private Limited, Hardik Foundation | Director | 03 Apr 2009 | 17 Years 6 Months | Current |
| Chandrakala Rajgopal Marda | Director | 04 Apr 2008 | 18 Years 6 Months | Current |
| Rajgopal Mangilal Marda | Director | 10 Jan 2008 | 18 Years 8 Months | Current |
Ownership and Shareholding of Hardik Textiles 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 Hardik Textiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Feb 2022 | Others | ₹1.5 Cr | Open |
| 10 Mar 2017 | Others | ₹25 Cr | Open |
| 20 Oct 2023 | Canara Bank | ₹24.5 Lakh | Satisfied |
| 18 Aug 2020 | Others | ₹3 Cr | Satisfied |
| 31 Jul 2012 | Syndicate Bank | ₹7 Cr | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of Hardik Textiles Private Limited
Hardik Textiles Private Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.94 Cr; the latest was in January 2020.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Funding round | ₹1 Cr | Investors: 2 individuals |
| Jul 2016 | Funding round | ₹3.5 Lakh | Investors: an individual |
| Feb 2016 | Funding round | ₹31.5 Lakh | Investors: 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Angoora Tradefin Pvt.Ltd. , Prism Commercial Pvt Ltd , Ganapati Tradewings Pvt Ltd |
| Nov 2008 | Funding round | ₹25 Lakh | Investors: Prism Commercial Pvt Ltd , Angoora Tradefin Pvt.Ltd. , Ganapati Tradewings Pvt Ltd |
Full deal history
All 7 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 Hardik Textiles Private Limited
Hardik Textiles Private Limited has 14 court cases on record: 9 filed by Hardik Textiles, 5 filed against it. 6 cases are pending and 8 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 5 | 6 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palwal, Haryana | Execution petition | Filed against the company by Indusind Bank Ltd. | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Hero Fincorp Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Cars24 Financial Services Private Limited | Pending |
| District court, South, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Yes Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 14 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.
Associated Brands with Hardik Textiles Private Limited
Hardik Textiles operates one associated brand: Hardik Textiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplying polyester, nylon, viscose, and fancy yarns in India. | hardiktextiles.com |
Employees and EPFO Compliance at Hardik Textiles Private Limited
Hardik Textiles Private Limited has a workforce of 0 employees as of Dec 15, 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 Hardik Textiles Private Limited
Hardik Textiles Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Rachana Rajgopal Marda ceased to be Director on 17 Jul 2022.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hardik Textiles 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 Hardik Textiles 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 Hardik Textiles 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 Hardik Textiles Private Limited
Hardik Textiles has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCH9643Q1ZQ | Karnataka | Active | 01 Jul 2017 |
| 33AABCH9643Q1Z1 | 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 Hardik Textiles 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 Hardik Textiles Private Limited
Hardik Textiles is an active private limited company based in Bengaluru, Karnataka, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 10 January 2008 (18+ years old) and is registered under CIN U17120KA2008PTC044912.
Hardik Textiles reported revenue of ₹178.74 Cr for FY 2025 (down 6% YoY).
Hardik Textiles has 3 current directors:
- Sriram Rajgopal Marda - Director
- Chandrakala Rajgopal Marda - Director
- Rajgopal Mangilal Marda - Director
Hardik Textiles reported a net profit of ₹8.83 Cr (net margin 4.9%) and EBITDA of ₹14.14 Cr (EBITDA margin 7.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hardik Textiles is 9% over three years and 12% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hardik Textiles is 29AABCH9643Q1ZQ, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AABCH9643Q1Z1 (Tamil Nadu).
The CIN (Corporate Identification Number) of Hardik Textiles is U17120KA2008PTC044912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hardik Textiles has 14 court cases on record: 9 filed by the company and 5 filed against it. 6 are pending.
Hardik Textiles was incorporated on 10 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Hardik Textiles has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.94 Cr; the latest was in January 2020.
The peers of Hardik Textiles by revenue are Kamakshi Jute Industries Limited, Sangam Yarn Private Limited, Windeson Trademart Private Limited, Nikhil Yarn Private Limited, Radhalaxmi Spintex Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution, Textiles).