MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-MH-19-0049801
H.Mahendra Towels Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.8 Cr
▲ 17% YoY
Net profit · FY 2024
₹8.24 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹38.78 Lakh
EBITDA margin 3.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Satisfied ₹10 Lakh
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
About H.Mahendra Towels Private Limited
Data last updated:
H.Mahendra Towels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17309MH2004PTC146276. Its GSTIN is 27AAACU6870B1ZE (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ritu Abhishek Dhanresha and Mahendra Kumar Hastimal Dhanresha.
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 34 Punjabhanjibldg3Rdfl10/12 Bhandarixlanemandvi, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.8 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹8.24 Lakh (net margin 0.7%) and EBITDA of ₹38.78 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹10 Lakh on record.
H.Mahendra Towels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0049801). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hulasspun.in.
Company details
CIN U17309MH2004PTC146276
Registration Number 146276
Incorporation Date 13 May 2004
ROC Mumbai
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-19-0049801
Recognitions & Rankings of H.Mahendra Towels
Contact details
H.Mahendra Towels Private Limited's registered office is in Mumbai, Maharashtra. Its website is hulasspun.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address34 Punjabhanjibldg3Rdfl10/12 Bhandarixlanemandvi, Mumbai, Maharashtra, India – 400003
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of H.Mahendra Towels Private Limited, buy the company report.
Comprehensive company report
H.Mahendra Towels 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 H.Mahendra Towels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of H.Mahendra Towels Private Limited, buy the company report.
Financials of H.Mahendra Towels Private Limited
FY 2024 filings availableH.Mahendra Towels Private Limited reported revenue of ₹11.8 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹11.8 Cr ▲ 17%
Net profit · FY 2024
₹8.24 Lakh margin 0.7%
EBITDA · FY 2024
₹38.78 Lakh margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 33%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 33%
5 years · compounded
▼ 4%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 17% growth in the latest year. EBITDA rose 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹38.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.24 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 H.Mahendra Towels Private Limited, buy the company report.
Board of directors of H.Mahendra Towels Private Limited
H.Mahendra Towels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritu Abhishek Dhanresha | Director | 07 Jun 2017 | 9 Years 5 Months | Current |
| Mahendra Kumar Hastimal Dhanresha | Director | 13 May 2004 | 22 Years 5 Months | Current |
Peer comparison
H.Mahendra Towels Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Afzal Textiles Private Limited | ₹11.83 Cr (FY 2024) | -26.0% | Thane, Maharashtra, India | |||
| Prominent Vanijya Pvt Ltd | ₹11.8 Cr (FY 2025) | 346.0% | Sadar Bazar, Delhi, India | |||
| Agp Yarn Private Limited | ₹11.8 Cr (FY 2024) | -41.0% | Coimbatore, Tamil Nadu, India | |||
| H.Mahendra Towels Private Limitedthis company | ₹11.8 Cr (FY 2024) | ₹8.24 Lakh | 0.7% | 17.0% | Mumbai, Maharashtra, India | |
| Sai Jyoti Fashions Private Limited | ₹11.79 Cr (FY 2024) | 23.0% | Surat, Gujarat, India | |||
| Kaapus Fashion Retailer Private Limited | ₹11.78 Cr (FY 2024) | 9.0% | Bangalore, Karnataka, India | |||
| Chitrak Garments Private Limited | ₹11.77 Cr (FY 2025) | -33.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of H.Mahendra Towels Private Limited, buy the company report.
Auditor
H.Mahendra Towels Private Limited is audited by M.G. MALU & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.G. MALU & CO | FY 2023 | 44661 |
Shareholding
The shareholding of H.Mahendra Towels Private 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of H.Mahendra Towels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.5 Cr
Satisfied charges
₹10 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2024 | 100910748 | Others | ₹2.5 Cr | Open | |
| 09 Jun 2005 | 90349281 | Vikas Sahakari Bank Lt.D | ₹10 Lakh | Satisfied |
To see the full charge records of H.Mahendra Towels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving H.Mahendra Towels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for H.Mahendra Towels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
H.Mahendra Towels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU6870B1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of H.Mahendra Towels Private Limited, buy the company report.
Recent activity
H.Mahendra Towels Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Ritu Abhishek Dhanresha was appointed as Director on 07 Jun 2017.
Charges
A charge registered on 09 Jun 2005 via Charge ID 90349281 with Vikas Sahakari Bank Lt.D was fully satisfied on 11 Feb 2025.
AGM
H.Mahendra Towels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
H.Mahendra Towels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 100910748 was registered on 25 Jan 2024.
Appointed
Ritu Abhishek Dhanresha was appointed as Director.
Ceased
Usha Mahendra Dhanresha ceased to be Director.
Charges
A charge with Vikas Sahakari Bank Lt.D amounted to Rs. 10.00 Lakh with Charge ID 90349281 was registered on 09 Jun 2005.
Appointed
Mahendra Kumar Hastimal Dhanresha was appointed as Director.
Appointed
Usha Mahendra Dhanresha was appointed as Director.
Incorporation
13 May 2004
H.Mahendra Towels Private Limited was registered on 13 May 2004 with Roc Mumbai & aged 22 years 5 months as per MCA records.
Frequently asked questions
H.Mahendra Towels is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 May 2004 (22+ years old) and is registered under CIN U17309MH2004PTC146276.
H.Mahendra Towels has 2 current directors:
- Ritu Abhishek Dhanresha - Director
- Mahendra Kumar Hastimal Dhanresha - Director
The latest financial statements of H.Mahendra Towels 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 H.Mahendra Towels is 27AAACU6870B1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of H.Mahendra Towels is U17309MH2004PTC146276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H.Mahendra Towels was incorporated on 13 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of H.Mahendra Towels by revenue are Afzal Textiles Private Limited, Prominent Vanijya Pvt Ltd, Agp Yarn Private Limited, Sai Jyoti Fashions Private Limited, Kaapus Fashion Retailer Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ritu Abhishek Dhanresha was appointed as Director on 07 Jun 2017. Usha Mahendra Dhanresha ceased to be Director on 18 Mar 2017. Mahendra Kumar Hastimal Dhanresha was appointed as Director on 13 May 2004. H.Mahendra Towels has 4 board changes on record in total.
Yes, H.Mahendra Towels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0049801).
H.Mahendra Towels can be reached through the website hulasspun.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of H.Mahendra Towels is at 34 Punjabhanjibldg3Rdfl1012 Bhandarixlanemandvi, Mumbai, Maharashtra, India – 400003.
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