Kanani Trading Private Limited
About Kanani Trading Private Limited
Data last updated:
Kanani Trading Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 26 May 1997.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51311MH1997PTC108222. Its GSTIN is 27AAACK4440K1ZJ (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.51 Lakh. It was led by directors including Sameer Mahesh Kanani and Sejal Sameer Kanani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹41.8 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹9.58 Lakh (net margin 22.9%) and EBITDA of ₹9.93 Lakh (EBITDA margin 23.8%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 38% over five years.
Company details
Contact details
Kanani Trading Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFloor 1 16/18 Giri Vila, Building Vitthalwadi, Mumbai, Maharashtra, India – 400002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Kanani Trading Private Limited, 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 Kanani Trading 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 Kanani Trading Private Limited, buy the company report.
Financials of Kanani Trading Private Limited
FY 2022 filings availableKanani Trading Private Limited reported revenue of ₹41.8 Lakh (down 6% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 6% fall in the latest year. EBITDA fell 35% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹41.8 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.58 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.8% | ||||
| Net Profit Margin | 22.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Kanani Trading Private Limited, buy the company report.
Board of directors of Kanani Trading Private Limited
Kanani Trading has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Mahesh Kanani Also directs: Kanani Trading LLP, Sheetal Drape (India) Private Limited, Eleganza Furnishings Private Limited and 1 more | Director | 26 May 1997 | 29 Years 5 Months | As last reported |
| Sejal Sameer Kanani | Director | 28 Sep 2005 | 21 Years 1 Months | As last reported |
| Mahesh Ramdas Kanani | Director | 01 Mar 2018 | 8 Years 8 Months | As last reported |
Peer comparison
Kanani Trading Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Adwani Tex Fab Private Limited | ₹41.9 Lakh (FY 2025) | -59.0% | Surat, Gujarat, India | |||
| Vista Promoters Private Limited | ₹41.87 Lakh (FY 2024) | 7.0% | Kolkata, West Bengal, India | |||
| Gangotri Solutions Private Limited | ₹41.84 Lakh (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Jai Dadi Ki Fabrics Private Limited | ₹41.84 Lakh (FY 2025) | -10.0% | Varanasi, Uttar Pradesh, India | |||
| Kanani Trading Private Limitedthis company | ₹41.8 Lakh (FY 2022) | ₹9.58 Lakh | 22.9% | -6.0% | Mumbai, Maharashtra, India | |
| Rashmi Strips Private Limited | ₹41.72 Lakh (FY 2024) | 13.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Kanani Trading Private Limited, buy the company report.
Auditor
Kanani Trading Private Limited is audited by AJIT P SUTARIA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJIT P SUTARIA & CO | FY 2020 | 100232W |
Shareholding
The shareholding of Kanani Trading Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kanani Trading Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kanani Trading 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 Kanani Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kanani Trading has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK4440K1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 24AAACK4440K1ZP | Gujarat | Active | 28 Jun 2017 |
To see the full GST registrations and return filing status of Kanani Trading Private Limited, buy the company report.
Recent activity
Kanani Trading Private Limited has 4 board changes on record since 1997: 3 appointments and 1 cessation. The latest: Mahesh Ramdas Kanani ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Kanani Trading has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Kanani Trading was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 26 May 1997 and is registered under CIN U51311MH1997PTC108222. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Kanani Trading is U51311MH1997PTC108222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanani Trading had 3 directors:
- Sameer Mahesh Kanani - Director
- Sejal Sameer Kanani - Director
- Mahesh Ramdas Kanani - Director
Kanani Trading was incorporated on 26 May 1997. It is registered with the Registrar of Companies, Mumbai.
The registered office of Kanani Trading is at Floor 1 1618 Giri Vila, Building Vitthalwadi, Mumbai, Maharashtra, India – 400002.
The latest financial statements of Kanani Trading on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Kanani Trading is 27AAACK4440K1ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACK4440K1ZP (Gujarat).
Kanani Trading operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Kanani Trading by revenue are Adwani Tex Fab Private Limited, Vista Promoters Private Limited, Gangotri Solutions Private Limited, Jai Dadi Ki Fabrics Private Limited, Rashmi Strips Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Mahesh Ramdas Kanani ceased to be Additional Director on 29 Sep 2018. Mahesh Ramdas Kanani was appointed as Director on 01 Mar 2018. Sejal Sameer Kanani was appointed as Director on 28 Sep 2005. Kanani Trading has 4 board changes on record in total.
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