Knitex E-Com Private Limited
About Knitex E-Com Private Limited
Data last updated:
Knitex E-Com Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 14 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1999PTC119877. Its GSTIN is 27AABCK0236E1Z1 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.03 Lakh. It was formerly known as Knit Tex Exports Private Limited. It is led by directors Hitenkumar Gunvantrai Sheth and Ramesh Dhondiba Karde.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.14 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Lakh (net margin -94.3%) and EBITDA of -₹19,232 (EBITDA margin -16.9%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 55% over five years.
As per MCA filings, the company has open charges of ₹37.2 Lakh and satisfied charges of ₹37.2 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Knitex E-Com Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressAtlanta Arcade 2nd Floor Opp Hotel Leela Church Road Marol And, Heri East, Mumbai, Maharashtra, India – 400059
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Knitex E-Com 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
Financials of Knitex E-Com Private Limited
FY 2025 filings availableKnitex E-Com Private Limited reported revenue of ₹1.14 Lakh (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 99% fall in the latest year. EBITDA fell 104% 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 |
|---|---|---|---|---|---|
| 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 | -₹19,232 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.07 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.9% | ||||
| Net Profit Margin | -94.3% | ||||
| 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 Knitex E-Com Private Limited, buy the company report.
Board of directors of Knitex E-Com Private Limited
Knitex E-Com has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Dhondiba Karde | Additional Director | 31 Oct 2023 | 3 Years 0 Months | Current |
| Hitenkumar Gunvantrai Sheth Also directs: Knitex Textiles Private Limited | Director | 14 May 1999 | 27 Years 5 Months | Current |
Auditor
Knitex E-Com Private Limited is audited by A D & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A D & COMPANY | FY 2021 | 100378W |
Shareholding
The shareholding of Knitex E-Com Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Knitex E-Com Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2001 | 90143260 | Bank of Baroda | ₹4.2 Lakh | Satisfied | |
| 16 Sep 1999 | 90147341 | Bank of Baroda | ₹33 Lakh | Satisfied |
To see the full charge records of Knitex E-Com Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Knitex E-Com 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 Knitex E-Com Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Knitex E-Com has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCK0236E1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 33AABCK0236E1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Knitex E-Com Private Limited, buy the company report.
Recent activity
Knitex E-Com Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Atul Manohardas Ashar ceased to be Director on 02 Nov 2023.
Frequently asked questions
Knitex E-Com is an active private limited company based in Mumbai, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 14 May 1999 (27+ years old) and is registered under CIN U51900MH1999PTC119877.
Knitex E-Com has 2 current directors:
- Ramesh Dhondiba Karde - Additional Director
- Hitenkumar Gunvantrai Sheth - Director
The latest financial statements of Knitex E-Com 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 Knitex E-Com is 27AABCK0236E1Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AABCK0236E1Z8 (Tamil Nadu).
The CIN (Corporate Identification Number) of Knitex E-Com is U51900MH1999PTC119877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Knitex E-Com was incorporated on 14 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Atul Manohardas Ashar ceased to be Director on 02 Nov 2023. Ramesh Dhondiba Karde was appointed as Additional Director on 31 Oct 2023. Hitenkumar Gunvantrai Sheth was appointed as Director on 14 May 1999.
The registered office of Knitex E-Com is at Atlanta Arcade 2nd Floor Opp Hotel Leela Church Road Marol And, Heri East, Mumbai, Maharashtra, India – 400059.
Knitex E-Com operates in the business outsourcing industry, in the accounting and financial analysis segment.
Knitex E-Com has open charges of ₹37.2 Lakh and satisfied charges of ₹37.2 Lakh as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
