Hotchand Hemandas Textiles Pvt Ltd
About Hotchand Hemandas Textiles Pvt Ltd
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Hotchand Hemandas Textiles Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 26 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U05131MP1991PTC006291. Its GSTIN is 23AABCH3690K1ZJ (Madhya Pradesh).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28.86 Lakh. It is led by directors including Ramesh Kumar Rajani and Vasudev Chandiram Rajani.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 215 M.T.Coloth Market, Indore, Madhya Pradesh, India – 452002.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.95 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹52,214 (net margin 0.3%) and EBITDA of ₹3.17 Lakh (EBITDA margin 1.6%).
As per MCA filings, the company has satisfied charges of ₹63 Lakh on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Hotchand Hemandas Textiles Pvt Ltd's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address215 M.T.Coloth Market, Indore, Madhya Pradesh, India – 452002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Hotchand Hemandas Textiles Pvt Ltd, buy the company report.
- 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
Business activity
The main business activity of Hotchand Hemandas Textiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hotchand Hemandas Textiles Pvt Ltd, buy the company report.
Financials of Hotchand Hemandas Textiles Pvt Ltd
FY 2017 filings availableHotchand Hemandas Textiles Pvt Ltd reported revenue of ₹1.95 Cr (up 22% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 22% in the latest year. EBITDA fell 38% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.95 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.17 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹52,214 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.6% | ||
| Net Profit Margin | 0.3% | ||
| 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 Hotchand Hemandas Textiles Pvt Ltd, buy the company report.
Board of directors of Hotchand Hemandas Textiles Pvt Ltd
Hotchand Hemandas Textiles has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Rajani | Director | 26 Feb 1991 | 35 Years 7 Months | Current |
| Vasudev Chandiram Rajani | Director | 26 Feb 1991 | 35 Years 7 Months | Current |
| Jagdish Kumar Rajani | Director | 26 Feb 1991 | 35 Years 7 Months | Current |
| Gordhandas Chandiram Rajani | Director | 26 Feb 1991 | 35 Years 7 Months | Current |
| Bhawani Shankar Rajani | Director | 26 Feb 1991 | 35 Years 7 Months | Current |
Peer comparison
Hotchand Hemandas Textiles Pvt Ltd is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anugrah Ethnic Private Limited | ₹1.95 Cr (FY 2024) | 245.0% | Mumbai, Maharashtra, India | |||
| Manglam Texoknit Private Limited | ₹1.95 Cr (FY 2025) | -19.0% | Kolkata, West Bengal, India | |||
| Hotchand Hemandas Textiles Pvt Ltdthis company | ₹1.95 Cr (FY 2017) | ₹52,214 | 0.3% | 22.0% | Indore, Madhya Pradesh, India | |
| Hathisara Fashion Private Limited | ₹1.95 Cr (FY 2024) | 55.0% | New Delhi, Delhi, India | |||
| Annies Apparel Pvt Ltd | ₹1.94 Cr (FY 2019) | -94.0% | Delhi, India |
To see the full peer comparison of Hotchand Hemandas Textiles Pvt Ltd, buy the company report.
Auditor
Hotchand Hemandas Textiles Pvt Ltd is audited by D. C. JAIN & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. C. JAIN & COMPANY | FY 2017 | 001045C |
Shareholding
The shareholding of Hotchand Hemandas Textiles Pvt Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hotchand Hemandas Textiles Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2000 | 90208642 | Central Bank of India | ₹63 Lakh | Satisfied |
To see the full charge records of Hotchand Hemandas Textiles Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Hotchand Hemandas Textiles Pvt Ltd has 5 court cases on record: 4 filed by Hotchand Hemandas Textiles, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mandleshwar, Madhya Pradesh | Court case (EX AB) | Filed by the company against M/S Sameer Collection Owner Salim Qureshi | Pending |
| District court, Mandleshwar, Madhya Pradesh | Court case (EX AB) | Filed by the company against M/S Atlas Teilors Owner Salim Bhai | Disposed |
| District court, Indore, Madhya Pradesh | Court case (EX AB) | Filed by the company against M/S Sameer Collection Through Saleem Qureshi | Disposed |
| District court, Indore, Madhya Pradesh | Court case (EX AB) | Filed by the company against M/S Atlas Tailors Through Salim Bhai | Disposed |
| District court, Indore, Madhya Pradesh | Court case (MJC) | Filed against the company by an individual | Disposed |
To see the full case history of Hotchand Hemandas Textiles Pvt Ltd, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hotchand Hemandas Textiles Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hotchand Hemandas Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCH3690K1ZJ | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hotchand Hemandas Textiles Pvt Ltd, buy the company report.
Recent activity
Hotchand Hemandas Textiles Pvt Ltd has 6 board changes on record since 1991: 5 appointments and 1 cessation. The latest: Balram Rajani ceased to be Director on 23 Sep 2011.
Frequently asked questions
Hotchand Hemandas Textiles is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 26 February 1991 (35+ years old) and is registered under CIN U05131MP1991PTC006291.
Hotchand Hemandas Textiles has 5 current directors:
- Ramesh Kumar Rajani - Director
- Vasudev Chandiram Rajani - Director
- Jagdish Kumar Rajani - Director
- Gordhandas Chandiram Rajani - Director
- Bhawani Shankar Rajani - Director
The latest financial statements of Hotchand Hemandas Textiles on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Hotchand Hemandas Textiles is 23AABCH3690K1ZJ, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Hotchand Hemandas Textiles is U05131MP1991PTC006291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hotchand Hemandas Textiles has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending.
Hotchand Hemandas Textiles was incorporated on 26 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Hotchand Hemandas Textiles by revenue are Anugrah Ethnic Private Limited, Manglam Texoknit Private Limited, Hathisara Fashion Private Limited, Annies Apparel Pvt Ltd, all in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (wholesale trading).
Balram Rajani ceased to be Director on 23 Sep 2011. Bhawani Shankar Rajani was appointed as Director on 26 Feb 1991. Gordhandas Chandiram Rajani was appointed as Director on 26 Feb 1991. Hotchand Hemandas Textiles has 6 board changes on record in total.
The registered office of Hotchand Hemandas Textiles is at 215 M.T.Coloth Market, Indore, Madhya Pradesh, India – 452002.
Hotchand Hemandas Textiles operates in the home and lifestyle industry, in the textile retail and distribution segment.