Kavis Fashions Private Limited

Kavis Fashions Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U19100MH1994PTC076509 Incorporated 09 February 1994 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods MSME · Small
Data last updated
Revenue · FY 2025
₹23.4 Cr
▼ 43% YoY
Net profit · FY 2025
₹5.73 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹2.44 Cr
EBITDA margin 10.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.75 Cr
Issued & subscribed
Open charges
₹21 Cr
Satisfied ₹91.05 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
29
Provident fund records

About Kavis Fashions Private Limited

Data last updated:

Kavis Fashions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 09 February 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U19100MH1994PTC076509. Its GSTIN is 27AAACK9496R1ZF (Maharashtra).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.75 Cr. It is led by directors Vikas Mahindra Mahtani and Viju Charivukalayil Varghese.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 87 Saki Vihar Road Powai, Mumbai, Maharashtra, India – 400072.

As per the financials filed for FY 2025, the company reported a revenue of ₹23.4 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹5.73 Lakh (net margin 0.2%) and EBITDA of ₹2.44 Cr (EBITDA margin 10.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.

The company has about 29 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹21 Cr and satisfied charges of ₹91.05 Cr on record. Court records list 66 cases involving the company, including 40 filed by the company and 26 filed against it; 23 cases are pending.

Kavis Fashions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0012758). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kavisindia.com.

Company details

CIN U19100MH1994PTC076509
Registration Number 076509
Incorporation Date 09 February 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0012758

CIN history

Kavis Fashions has one previous CIN (Corporate Identification Number): U18100MH1994PTC076509. The current CIN is U19100MH1994PTC076509, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U19100MH1994PTC076509Current
U18100MH1994PTC076509Previous
Key People
Vikas Mahindra Mahtani Director Viju Charivukalayil Varghese Director

Recognitions & Rankings of Kavis Fashions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0012758

Contact details

Kavis Fashions Private Limited's registered office is in Mumbai, Maharashtra. Its website is kavisindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    kavisindia.com
  • Registered Address
    Plot No. 87 Saki Vihar Road Powai, Mumbai, Maharashtra, India – 400072
  • Industry
    Consumer Goods, Footwear Manufacturing

To see the full contact details of Kavis Fashions Private Limited, buy the company report.

Comprehensive company report
Kavis Fashions 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 Kavis Fashions is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Kavis Fashions Private Limited, buy the company report.

Financials of Kavis Fashions Private Limited

FY 2025 filings available

Kavis Fashions Private Limited reported revenue of ₹23.4 Cr (down 43% YoY) for FY 2025.

Revenue · FY 2025
₹23.4 Cr ▼ 43%
Net profit · FY 2025
₹5.73 Lakh margin 0.2%
EBITDA · FY 2025
₹2.44 Cr margin 10.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 11%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 5%
5 years · compounded
▲ 1%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 43% fall in the latest year. EBITDA rose 10% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹2.44 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.73 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.4%
Net Profit Margin0.2%
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 Kavis Fashions Private Limited, buy the company report.

Board of directors of Kavis Fashions Private Limited

Kavis Fashions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vikas Mahindra Mahtani
Also directs: Elevate Fashion LLP, Council for Leather Exports, Maharashtra Leather Footwear Accessories & Apparel Exporters Association
Director13 Sep 201313 Years 1 MonthsCurrent
Viju Charivukalayil VargheseDirector01 Apr 20242 Years 7 MonthsCurrent
View all directors

Peer comparison

Kavis Fashions Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
S R Lamifab Private Limited₹23.95 Cr (FY 2025)49.0%New Delhi, Delhi, India
Parvez Shoes Private Limited₹23.85 Cr (FY 2025)20.0%Uttar Pradesh, India
Omega Polymicrons Private Limited₹23.71 Cr (FY 2025)3.0%Uttar Pradesh, India
Abhay Footwear Private Limited₹23.66 Cr (FY 2025)-20.0%Delhi, India
Kavis Fashions Private Limitedthis company₹23.4 Cr (FY 2025)₹5.73 Lakh0.2%-43.0%29Mumbai, Maharashtra, India
Leefox Shoes Industries Private Limited₹23.22 Cr (FY 2025)154.0%Agra, Uttar Pradesh, India
Irus International Private Limited₹22.9 Cr (FY 2025)-24.0%New Delhi, Delhi, India
Ashish Texfab India Private Limited₹22.72 Cr (FY 2025)41.0%Delhi, India

To see the full peer comparison of Kavis Fashions Private Limited, buy the company report.

Auditor

Kavis Fashions Private Limited is audited by B. N. Kedia & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B. N. Kedia & CoFY 2023001652N

Shareholding

The shareholding of Kavis Fashions 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Kavis Fashions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹21 Cr
Satisfied charges
₹91.05 Cr
Breakdown by lending institutions
Others₹21.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Feb 2025101077792Others₹21 CrOpen
23 May 2023100736674Others₹25 LakhSatisfied
25 Oct 2021100500685Others₹21.73 LakhSatisfied
23 Aug 2021100487380Hdfc Bank Limited₹50 LakhSatisfied
29 Jan 2021100423668Hdfc Bank Limited₹13.8 CrSatisfied

To see the full charge records of Kavis Fashions Private Limited, buy the company report.

Total charge records: 12 View all charges

MSME payment delays

Kavis Fashions Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 732 overdue payments to 47 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 47)

SupplierAmount dueDue sinceReported on
Chandra Components
Babaji Khimji & Co.
an individual supplier
Omega Polymicrons Private Limited
Colorz N Style Private Limited

To see the full MSME payment records of Kavis Fashions Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Kavis Fashions Private Limited has a workforce of 29 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
29
Active EPFO establishments
1
Employee growth
-14.71%

GST

Kavis Fashions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACK9496R1ZFMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Kavis Fashions Private Limited, buy the company report.

Recent activity

Kavis Fashions Private Limited has 8 board changes on record since 1998: 5 appointments and 3 cessations. The latest: Kapil Mahindra Mahtani ceased to be Director on 11 Apr 2024.

AGM
Kavis Fashions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 21.00 Cr registered on 28 Feb 2025 with Charge ID 101077792 was modified on 06 Aug 2025.
Charges
A charge registered on 23 Aug 2021 via Charge ID 100487380 with Hdfc Bank Limited was fully satisfied on 07 Jul 2025.
Charges
A charge registered on 12 Aug 2016 via Charge ID 100048790 with Hdfc Bank Limited was fully satisfied on 07 Jul 2025.
Charges
A charge registered on 29 Jan 2021 via Charge ID 100423668 with Hdfc Bank Limited was fully satisfied on 30 Jun 2025.
Charges
A charge registered on 10 May 2008 via Charge ID 10107952 with Hdfc Bank Limited was fully satisfied on 30 Jun 2025.
Charges
A charge registered on 31 Dec 2007 via Charge ID 10088490 with Hdfc Bank Limited was fully satisfied on 30 Jun 2025.
Filing
Kavis Fashions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 21.00 Cr with Charge ID 101077792 was registered on 28 Feb 2025.
Charges
A charge registered on 23 May 2023 via Charge ID 100736674 with Others was fully satisfied on 31 Dec 2024.
Charges
A charge registered on 25 Oct 2021 via Charge ID 100500685 with Others was fully satisfied on 30 Dec 2024.
Ceased
Kapil Mahindra Mahtani ceased to be Director.

28 earlier events are in the company report.

Frequently asked questions

Kavis Fashions is an active private limited company based in Mumbai, Maharashtra, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 09 February 1994 (32+ years old) and is registered under CIN U19100MH1994PTC076509.

Kavis Fashions has 2 current directors:

The latest financial statements of Kavis Fashions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Kavis Fashions is 27AAACK9496R1ZF, registered in Maharashtra.

The CIN (Corporate Identification Number) of Kavis Fashions is U19100MH1994PTC076509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kavis Fashions has 66 court cases on record: 40 filed by the company and 26 filed against it. 23 are pending. Most are in the high courts.

Kavis Fashions was incorporated on 09 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Kavis Fashions by revenue are S R Lamifab Private Limited, Parvez Shoes Private Limited, Omega Polymicrons Private Limited, Abhay Footwear Private Limited, Leefox Shoes Industries Private Limited and 2 more, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).

Kapil Mahindra Mahtani ceased to be Director on 11 Apr 2024. Viju Charivukalayil Varghese was appointed as Director on 01 Apr 2024. Arun Subbaih Arumugainar ceased to be Additional Director on 26 Sep 2013. Kavis Fashions has 8 board changes on record in total.

Yes, Kavis Fashions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0012758).

Kavis Fashions has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 732 overdue payments to 47 micro and small suppliers. The latest return was filed on 26 Oct 2019.

Kavis Fashions can be reached through the website kavisindia.com. Its registered office is in Mumbai, Maharashtra, India.