About Hytone Texstyles Limited
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Hytone Texstyles Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 11 January 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1989PLC050330. Its GSTIN is 27AAACH2033B1ZC (Maharashtra).
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹8.99 Cr. It is led by directors including Amrut Tilak Shah (Managing Director) and Kaushik Morarji Chheda (Whole-Time Director).
Its last annual general meeting (AGM) was held on 21 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.70 Ttc MIDC Indl. Area Mahape Village, Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.5 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Cr (net margin 21.6%) and EBITDA of ₹2.65 Cr (EBITDA margin 48.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.
The company is associated with 1 brand: Hytone Texstyles Limited. As per MCA filings, the company has satisfied charges of ₹41.23 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hytonetextile.com.
Company details
CIN history
Hytone Texstyles has one previous CIN (Corporate Identification Number): L17120MH1989PLC050330. The current CIN is U17120MH1989PLC050330, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120MH1989PLC050330 | Current |
| L17120MH1989PLC050330 | Previous |
Contact details
Hytone Texstyles Limited's registered office is in Navi Mumbai, Maharashtra.
- Registered AddressPlot No.70 Ttc MIDC Indl. Area Mahape Village, Navi Mumbai, Maharashtra, India – 400706
- IndustryFinancial Services, Real Estate Financing
- 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
Brands
Hytone Texstyles operates one associated brand: Hytone Texstyles Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textile manufacturing and corporate governance in Maharashtra, India. | hytonetextile.com |
Business activity
The main business activity of Hytone Texstyles is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Hytone Texstyles Limited, buy the company report.
Financials of Hytone Texstyles Limited
FY 2024 filings availableHytone Texstyles Limited reported revenue of ₹5.5 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 6% growth in the latest year. EBITDA fell 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.65 Cr | ||||
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| Net Profit (PAT) | ₹1.19 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 48.2% | ||||
| Net Profit Margin | 21.6% | ||||
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To see the full financial statements and ratios of Hytone Texstyles Limited, buy the company report.
Board of directors of Hytone Texstyles Limited
Hytone Texstyles has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrut Tilak Shah Also directs: Auroch Agro Farms LLP, Awsom Agro Ventures LLP, Sadguru Gruh Nirman Private Limited and 1 more | Managing Director | 01 Apr 1992 | 34 Years 7 Months | Current |
| Kaushik Morarji Chheda Also directs: Sadguru Gruh Nirman Private Limited, Sadguru Habitat Private Limited, Anantsab Realtors LLP and 1 more | Whole-Time Director | 17 Jan 2024 | 2 Years 9 Months | Current |
| Kalpana Praful Dedhia | Director | 17 Jan 2024 | 2 Years 9 Months | Current |
| Satish Khimji Gala | Whole-Time Director | 17 Jan 2024 | 2 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2011 | 10283645 | Union Bank of India | ₹7.74 Lakh | Satisfied | |
| 30 Mar 2000 | 90142822 | Sarjan Mercantile Private Limited | ₹2 Cr | Satisfied | |
| 18 Aug 1999 | 90146021 | Syndicate Bank | ₹50 Lakh | Satisfied | |
| 02 Feb 1999 | 90145981 | Sarjan Mercantile Private Limited | ₹4 Cr | Satisfied | |
| 14 Nov 1998 | 90142256 | Syndicate Bank | ₹22 Lakh | Satisfied |
To see the full charge records of Hytone Texstyles Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Hytone Texstyles Limited has 12 court cases on record: 4 filed by Hytone Texstyles, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 7 | 0 |
| District courts | 4 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Jyoti Overseas Limited | Disposed |
| High Court, MAHARASHTRA | Court case (OLR) | Filed against the company by Official Liquidator of Patheja Forgings and Auto Parts Manugacturers Ltd. (in Liquidation) | Disposed |
| High Court, MAHARASHTRA | Court case (OLR) | Filed against the company by Official Liquidator of Patheja Brothers Forgings and Stampings Ltd. (in Liquidation) | Disposed |
| High Court, MAHARASHTRA | Court case (OLR) | Filed against the company by Official Liquidator of Patheja Forgings and Auto Parts Manufacturers Ltd. (in Liquidation) | Disposed |
| High Court, MAHARASHTRA | Court case (OLR) | Filed against the company by Official Liquidator of Patheja Brothers Forgings and Stamping Ltd. (in Liquidation) | Disposed |
To see the full case history of Hytone Texstyles Limited, 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 Hytone Texstyles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hytone Texstyles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH2033B1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hytone Texstyles Limited, buy the company report.
Recent activity
Hytone Texstyles Limited has 15 board changes on record since 1992: 4 appointments and 11 cessations. The latest: Kalpana Praful Dedhia ceased to be Additional Director on 20 Sep 2024.
64 earlier events are in the company report.
Frequently asked questions
Hytone Texstyles is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 11 January 1989 (37+ years old) and is registered under CIN U17120MH1989PLC050330.
Hytone Texstyles has 4 current directors:
- Amrut Tilak Shah - Managing Director
- Kaushik Morarji Chheda - Whole-Time Director
- Satish Khimji Gala - Whole-Time Director
- Kalpana Praful Dedhia - Director
The latest financial statements of Hytone Texstyles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hytone Texstyles is 27AAACH2033B1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hytone Texstyles is U17120MH1989PLC050330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hytone Texstyles has 12 court cases on record: 4 filed by the company and 8 filed against it. Most are in the high courts.
Hytone Texstyles was incorporated on 11 January 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Kalpana Praful Dedhia ceased to be Additional Director on 20 Sep 2024. Kaushik Morarji Chheda ceased to be Additional Director on 20 Sep 2024. Nidhi Ketan Mehta ceased to be Additional Director on 20 Sep 2024. Hytone Texstyles has 15 board changes on record in total.
Hytone Texstyles can be reached through the website hytonetextile.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Hytone Texstyles is at Plot No.70 Ttc MIDC Indl. Area Mahape Village, Navi Mumbai, Maharashtra, India – 400706.
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