Hygntex Private Limited
About Hygntex Private Limited
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Hygntex Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 17 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2018PTC309558. Its GSTIN is 27AAECH5460J1ZE (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Radha Maheshwari and Shyam Sunder Maheshwari.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.62 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.9 Lakh (net margin 0.3%) and EBITDA of ₹5.21 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 47% over five years.
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- Registered AddressFb – 25 1st Floor, Highland Corporate Centre Majiwada, Thane, Maharashtra, India – 400607
- 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 Hygntex Private Limited
The main business activity of Hygntex 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 Hygntex Private Limited FY 2025 filings available
Hygntex Private Limited reported revenue of ₹13.62 Cr (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hygntex Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 7% growth in the latest year. EBITDA rose 59% 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 Hygntex Private Limited
| 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 | ₹5.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.9 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 of Hygntex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Hygntex are in the company report.
Financial statements from FY 2019
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 Hygntex Private Limited
Hygntex Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Varundev Overseas Pvt Ltd | ₹13.71 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Surat, Gujarat, India |
| Fabex Fabrics Private Limited | ₹13.68 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Osia Exim Private Limited | ₹13.67 Cr (FY 2020) | •••• | •••• | -41.0% | •••• | Mumbai, Maharashtra, India |
| Dee Gee Impex Private Limited | ₹13.67 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Delhi, India |
| Bently Fabrics Private Limited | ₹13.62 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Hygntex Private Limited this company | ₹13.62 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Thane, Maharashtra, India |
| Potalia Enterprises Private Limited | ₹13.58 Cr (FY 2022) | •••• | •••• | -29.0% | •••• | Jodhpur, Rajasthan, India |
| Pradera Ventures Private Limited | ₹13.56 Cr (FY 2024) | •••• | •••• | 123.0% | •••• | Kolkata, West Bengal, India |
| Suruchi Silk Park Private Limited | ₹13.52 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| Kesha Sales Private Limited | ₹13.51 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Fashion Influence Clothing India Private Limited | ₹13.51 Cr (FY 2021) | •••• | •••• | -35.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Hygntex by revenue in the Consumer Products industry (Textile Retail and Distribution), 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 Hygntex Private Limited
Hygntex Private Limited is audited by SUNIL BANGAR & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUNIL BANGAR & 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 Hygntex Private Limited
Hygntex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radha Maheshwari | Director | 23 Jan 2019 | 7 Years 8 Months | Current |
| Shyam Sunder Maheshwari | Director | 23 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Hygntex 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 Hygntex Private Limited
Hygntex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hygntex Private Limited
Employment history and EPFO contributions of people linked to Hygntex.
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 Hygntex Private Limited
Hygntex Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Radha Maheshwari ceased to be Additional Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Hygntex 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 Hygntex 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 Hygntex 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 Hygntex Private Limited
Hygntex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH5460J1ZE | Maharashtra | Active | 17 May 2018 |
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 Hygntex 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 Hygntex Private Limited
Hygntex is an active private limited company based in Thane, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 17 May 2018 (8+ years old) and is registered under CIN U17299MH2018PTC309558.
Hygntex reported revenue of ₹13.62 Cr for FY 2024 (up 7% YoY).
Hygntex has 2 current directors:
- Radha Maheshwari - Director
- Shyam Sunder Maheshwari - Director
Hygntex reported a net profit of ₹3.9 Lakh (net margin 0.3%) and EBITDA of ₹5.21 Lakh (EBITDA margin 0.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hygntex is 1% over three years and 47% over five years. In the latest year (FY 2024) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hygntex is 27AAECH5460J1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hygntex is U17299MH2018PTC309558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hygntex was incorporated on 17 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hygntex by revenue are Varundev Overseas Pvt Ltd, Fabex Fabrics Private Limited, Osia Exim Private Limited, Dee Gee Impex Private Limited, Bently Fabrics Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Radha Maheshwari ceased to be Additional Director on 30 Sep 2019. Shyam Sunder Maheshwari ceased to be Additional Director on 30 Sep 2019. Deepti Maheshwari ceased to be Director on 30 Jan 2019. Hygntex has 6 board changes on record in total.
The registered office of Hygntex is at Fb – 25 1st Floor, Highland Corporate Centre Majiwada, Thane, Maharashtra, India – 400607.