MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0084742
Laxmi Technical Textile Private Limited
Laxmi Technical Textile Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹72.2 Cr
▲ 3% YoY
Net profit · FY 2025
₹4.17 Cr
Net margin 5.8%
EBITDA · FY 2025
₹7.28 Cr
EBITDA margin 10.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.71 Cr
Issued & subscribed
Open charges
₹68.22 Cr
Satisfied ₹13 Lakh
Company age
32 yrs
Est. 1994
Employees · EPFO
49
Provident fund records
About Laxmi Technical Textile Private Limited
Data last updated:
Laxmi Technical Textile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH1994PTC078064. Its GSTIN is 26AADCS4326F1ZK (Dadra and Nagar Haveli and Daman and Diu). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.71 Cr. It was formerly known as Suchita Syntex Private Limited and Laxmi Mercantile Private Limited. It is led by directors including Satyanarayan Hiralal Agarwal and Anuj Ganeriwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.2 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹4.17 Cr (net margin 5.8%) and EBITDA of ₹7.28 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹68.22 Cr and satisfied charges of ₹13 Lakh on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 6 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.5 Cr; the latest was in March 2020. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 2 smaller; the largest is Kapiraj Creation Private Limited with revenue of ₹72.59 Cr.
Laxmi Technical Textile Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0084742). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17299MH1994PTC078064
Registration Number 078064
Incorporation Date 29 April 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0084742
Name history
Laxmi Technical Textile has undergone 2 name changes throughout its history. The company was previously known as Suchita Syntex Private Limited, and Laxmi Mercantile Private Limited. The current legal name is Laxmi Technical Textile Private Limited.
| Company Name | Status |
|---|---|
| Laxmi Technical Textile Private Limited | Current |
| Suchita Syntex Private Limited | Previous |
| Laxmi Mercantile Private Limited | Previous |
CIN history
Laxmi Technical Textile has one previous CIN (Corporate Identification Number): U52320MH1994PTC078064. The current CIN is U17299MH1994PTC078064, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17299MH1994PTC078064 | Current |
| U52320MH1994PTC078064 | Previous |
Key People
Satyanarayan Hiralal Agarwal Director Anuj Ganeriwal Director Ankitkumar Ganeriwal Director Recognitions & Rankings of Laxmi Technical Textile
Contact details
Laxmi Technical Textile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address409 Raheja Plaza P No 15/B Shah Industrial Estate Opp Y R Studio Off Andheri Link, Road., Mumbai, Maharashtra, India – 400053
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Laxmi Technical Textile Private Limited, buy the company report.
Comprehensive company report
Laxmi Technical Textile 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Laxmi Technical Textile is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Laxmi Technical Textile Private Limited, buy the company report.
Financials of Laxmi Technical Textile Private Limited
FY 2024 filings availableLaxmi Technical Textile Private Limited reported revenue of ₹72.2 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹72.2 Cr ▲ 3%
Net profit · FY 2025
₹4.17 Cr margin 5.8%
EBITDA · FY 2025
₹7.28 Cr margin 10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 9%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 24%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 3% growth in the latest year. EBITDA rose 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 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 | ₹7.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.17 Cr | ||||
| 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 | 10.1% | ||||
| Net Profit Margin | 5.8% | ||||
| 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 Laxmi Technical Textile Private Limited, buy the company report.
Board of directors of Laxmi Technical Textile Private Limited
Laxmi Technical Textile has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyanarayan Hiralal Agarwal Also directs: Sunflag Filaments Limited, Binaykia Synthetics Limited, Shree Venkateshwar Synthetics Private Limited and 2 more | Director | 20 Jan 2011 | 15 Years 9 Months | Current |
| Anuj Ganeriwal Also directs: A & L Apparels Private Limited | Director | 20 Jul 2009 | 17 Years 3 Months | Current |
| Ankitkumar Ganeriwal Also directs: A & L Apparels Private Limited | Director | 16 Feb 2009 | 17 Years 8 Months | Current |
Peer comparison
Laxmi Technical Textile Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kapiraj Creation Private Limited | ₹72.59 Cr (FY 2025) | 28.0% | Surat, Gujarat, India | |||
| Shri Vasudeva Weaving Mills Private Limited | ₹72.5 Cr (FY 2024) | -6.0% | Coimbatore, Tamil Nadu, India | |||
| Vedagiri Hi-Tech Spinning Mills Private Limited | ₹72.34 Cr (FY 2025) | 2.0% | Sanakari, Tamil Nadu, India | |||
| Kufner Textiles (India) Private Limited | ₹72.22 Cr (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Laxmi Technical Textile Private Limitedthis company | ₹72.2 Cr (FY 2025) | ₹4.17 Cr | 5.8% | 3.0% | 49 | Mumbai, Maharashtra, India |
| Lakhotia Polyesters (India) Limited | ₹72.17 Cr (FY 2025) | 153.0% | Nashik, Maharashtra, India | |||
| Maatrishakti Ecospin Private Limited | ₹72.06 Cr (FY 2025) | 9717.0% | Panipat, Haryana, India |
To see the full peer comparison of Laxmi Technical Textile Private Limited, buy the company report.
Auditor
Laxmi Technical Textile Private Limited is audited by Bagaria & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bagaria & Co LLP | FY 2023 | 113447W/W-100019 |
Shareholding
The shareholding of Laxmi Technical Textile 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laxmi Technical Textile Private Limited, buy the company report.
Charges & borrowings
Open charges
₹68.22 Cr
Satisfied charges
₹13 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 May 2025 | 101095677 | Hdfc Bank Limited | ₹16.3 Cr | Open | |
| 16 Sep 2014 | 10520528 | Others | ₹13.28 Cr | Open | |
| 04 Dec 2013 | 10466682 | Bank of Baroda | ₹19.32 Cr | Open | |
| 12 Nov 2010 | 10258352 | Bank of Baroda | ₹19.32 Cr | Open | |
| 31 May 2013 | 10431851 | Bank of Baroda | ₹13 Lakh | Satisfied |
To see the full charge records of Laxmi Technical Textile Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Laxmi Technical Textile Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.5 Cr; the latest was in March 2020.
Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹7.5 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Shri Venkateshwara Udyog Private Limited Seller: Venkateshwar Udyog & Finance Private Limited |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2015 | Funding round | ₹5 Cr | Investors: SVG Fashions Private Limited , 2 individuals |
| Mar 2013 | Funding round | ₹2.5 Cr | Investors: Venkateshwar Udyog & Finance Private Limited , Deepak Syntetics Private Limited, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Laxmi Technical Textile Private Limited has 13 court cases on record: 9 filed by Laxmi Technical Textile, 4 filed against it. 6 cases are pending and 7 are disposed.
Total cases
13
Filed by the company
9
Filed against the company
4
Pending
6
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 3 | 4 |
| District courts | 3 | 1 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against Rathi Syntex Limited and Others and 3 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Shri Balaji Velvet Pvt Ltd and Anr | Disposed |
| High Court | Arbitration matter | Filed against the company by Shree Krishna Textiles | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Shree Krishna Textiles | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Laxmi Technical Textile Private 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.
Credit ratings & regulatory alerts
Laxmi Technical Textile Private Limited was last rated by Icra on 06 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 May 2022 |
To see the full credit ratings and regulatory alerts of Laxmi Technical Textile Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Laxmi Technical Textile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Laxmi Technical Textile Private Limited has a workforce of 49 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
49
Active EPFO establishments
1
Employee growth
-3.92%
GST
Laxmi Technical Textile has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AADCS4326F1ZK | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
| 24AADCS4326F1ZO | Gujarat | Active | 23 Apr 2025 |
To see the full GST registrations and return filing status of Laxmi Technical Textile Private Limited, buy the company report.
Recent activity
Laxmi Technical Textile Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Satyanarayan Hiralal Agarwal was appointed as Director on 20 Jan 2011.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.30 Cr with Charge ID 101095677 was registered on 07 May 2025.
AGM
Laxmi Technical Textile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Laxmi Technical Textile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 13.28 Cr registered on 16 Sep 2014 with Charge ID 10520528 was modified on 12 Aug 2021.
Charges
A charge registered on 31 May 2013 via Charge ID 10431851 with Bank Of Baroda was fully satisfied on 06 Mar 2020.
Charges
A charge with Others amounted to Rs. 13.28 Cr with Charge ID 10520528 was registered on 16 Sep 2014.
Charges
A charge with Bank Of Baroda amounted to Rs. 19.32 Cr with Charge ID 10466682 was registered on 04 Dec 2013.
Charges
A charge with Bank Of Baroda of Rs. 19.32 Cr registered on 12 Nov 2010 with Charge ID 10258352 was modified on 04 Dec 2013.
Charges
A charge with Bank Of Baroda amounted to Rs. 0.13 Cr with Charge ID 10431851 was registered on 31 May 2013.
Appointed
Satyanarayan Hiralal Agarwal was appointed as Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 19.32 Cr with Charge ID 10258352 was registered on 12 Nov 2010.
Ceased
Subhash Chiranjilal Sharma ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Laxmi Technical Textile is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 April 1994 (32+ years old) and is registered under CIN U17299MH1994PTC078064.
Laxmi Technical Textile has 3 current directors:
- Satyanarayan Hiralal Agarwal - Director
- Anuj Ganeriwal - Director
- Ankitkumar Ganeriwal - Director
The latest financial statements of Laxmi Technical Textile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Laxmi Technical Textile is 26AADCS4326F1ZK, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AADCS4326F1ZO (Gujarat).
The CIN (Corporate Identification Number) of Laxmi Technical Textile is U17299MH1994PTC078064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Technical Textile has 13 court cases on record: 9 filed by the company and 4 filed against it. 6 are pending. Most are in the high courts.
Laxmi Technical Textile was incorporated on 29 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Laxmi Technical Textile has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.5 Cr; the latest was in March 2020.
The peers of Laxmi Technical Textile by revenue are Kapiraj Creation Private Limited, Shri Vasudeva Weaving Mills Private Limited, Vedagiri Hi-Tech Spinning Mills Private Limited, Kufner Textiles (India) Private Limited, Lakhotia Polyesters (India) Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Satyanarayan Hiralal Agarwal was appointed as Director on 20 Jan 2011. Subhash Chiranjilal Sharma ceased to be Director on 22 Mar 2010. Tarachand Jain ceased to be Director on 16 Feb 2010. Laxmi Technical Textile has 5 board changes on record in total.
Yes, Laxmi Technical Textile is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0084742).