MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0056301
Lotus Knits Private Limited
Lotus Knits Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹23.37 Cr
▼ 8% YoY
Net profit · FY 2024
₹21.62 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹1.61 Cr
EBITDA margin 6.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹13.32 Cr
Satisfied ₹55 Lakh
Company age
27 yrs
Est. 1999
Employees · EPFO
7
Provident fund records
About Lotus Knits Private Limited
Data last updated:
Lotus Knits 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 12 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1999PTC120774. Its GSTIN is 27AAFCS2120K1ZH (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Malvika Haresh Nagpal and Veena Nandlal Nagpal.
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 2024, the company reported a revenue of ₹23.37 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹21.62 Lakh (net margin 0.9%) and EBITDA of ₹1.61 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 1% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.32 Cr and satisfied charges of ₹55 Lakh on record. Court records list 8 cases involving the company, including 8 filed by the company; 4 cases are pending.
Lotus Knits Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0056301). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24110MH1999PTC120774
Registration Number 120774
Incorporation Date 12 July 1999
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-18-0056301
Key People
Malvika Haresh Nagpal Director Veena Nandlal Nagpal Director Haresh Nandlal Nagpal Director Recognitions & Rankings of Lotus Knits
Contact details
Lotus Knits Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No.23 24 & 26 Ground Floor Hi Life Premises Co.Op Society. Ltd P.M Road Santacruz(, W), Mumbai, Maharashtra, India – 400054
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Lotus Knits Private Limited, buy the company report.
Comprehensive company report
Lotus Knits 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 Lotus Knits 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 Lotus Knits Private Limited, buy the company report.
Financials of Lotus Knits Private Limited
FY 2025 filings availableLotus Knits Private Limited reported revenue of ₹23.37 Cr (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹23.37 Cr ▼ 8%
Net profit · FY 2024
₹21.62 Lakh margin 0.9%
EBITDA · FY 2024
₹1.61 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 21%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 4%
5 years · compounded
▲ 2%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.62 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Lotus Knits Private Limited, buy the company report.
Board of directors of Lotus Knits Private Limited
Lotus Knits has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malvika Haresh Nagpal Also directs: Auraknits Private Limited | Director | 09 Feb 2005 | 21 Years 8 Months | Current |
| Veena Nandlal Nagpal | Director | 24 Jul 2014 | 12 Years 3 Months | Current |
| Haresh Nandlal Nagpal Also directs: Auraknits Private Limited | Director | 09 Feb 2005 | 21 Years 8 Months | Current |
Peer comparison
Lotus Knits Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Shreyans Textiles Limited | ₹23.45 Cr (FY 2025) | 74.0% | Surat, Gujarat, India | |||
| KNW Apparels Private Limited | ₹23.43 Cr (FY 2024) | 5.0% | New Delhi, Delhi, India | |||
| True Green Bio Energy Limited | ₹23.42 Cr (FY 2025) | 5802.0% | Ahmedabad, Gujarat, India | |||
| Indtech Apparels Pvt Ltd | ₹23.38 Cr (FY 2024) | -17.0% | Ludhiana, Punjab, India | |||
| Lotus Knits Private Limitedthis company | ₹23.37 Cr (FY 2024) | ₹21.62 Lakh | 0.9% | -8.0% | 7 | Mumbai, Maharashtra, India |
| Travancore Fibres Private Limited | ₹23.35 Cr (FY 2025) | 6.0% | Thane, Maharashtra, India | |||
| Surana Woollens Private Limited | ₹23.35 Cr (FY 2024) | 8.0% | Bikaner, Rajasthan, India | |||
| Vardhman Woollen Mills Pvt Ltd | ₹23.34 Cr (FY 2025) | -10.0% | Punjab, India | |||
| Ashirwad Exim Private Limited | ₹23.32 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India |
To see the full peer comparison of Lotus Knits Private Limited, buy the company report.
Auditor
Lotus Knits Private Limited is audited by N S N & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S N & Associates | FY 2022 | 147699W |
Shareholding
The shareholding of Lotus Knits Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lotus Knits Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.32 Cr
Satisfied charges
₹55 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2025 | 101136975 | Others | ₹25 Lakh | Open | |
| 29 Apr 2025 | 101094245 | Others | ₹8 Lakh | Open | |
| 15 Oct 2024 | 100998704 | Others | ₹1.56 Cr | Open | |
| 27 Feb 2023 | 100686090 | Others | ₹35 Lakh | Open | |
| 25 May 2022 | 100579514 | Others | ₹30 Lakh | Open |
To see the full charge records of Lotus Knits Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Lotus Knits Private Limited has 8 court cases on record: 8 filed by Lotus Knits. 4 cases are pending and 4 are disposed.
Total cases
8
Filed by the company
8
Pending
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 4 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Balaji Clothing Company | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against individuals | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against M/S Gunjan Apparel Proprietor Santosh Gupta and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against The State of Maharashtra and Ramesh Sandha | Disposed |
To see the full case history of Lotus Knits 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lotus Knits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lotus Knits Private Limited has a workforce of 7 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-12.5%
GST
Lotus Knits has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS2120K1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lotus Knits Private Limited, buy the company report.
Recent activity
Lotus Knits Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Veena Nandlal Nagpal was appointed as Director on 24 Jul 2014.
AGM
Lotus Knits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 101136975 was registered on 15 Jul 2025.
Charges
A charge with Others amounted to Rs. 0.08 Cr with Charge ID 101094245 was registered on 29 Apr 2025.
Filing
Lotus Knits 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. 1.56 Cr with Charge ID 100998704 was registered on 15 Oct 2024.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100686090 was registered on 27 Feb 2023.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100579514 was registered on 25 May 2022.
Charges
A charge with Others amounted to Rs. 0.98 Cr with Charge ID 100355290 was registered on 08 Jul 2020.
Charges
A charge with Others of Rs. 9.01 Cr registered on 25 Sep 2008 with Charge ID 10123693 was modified on 23 Aug 2017.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100087961 was registered on 20 Mar 2017.
Appointed
Veena Nandlal Nagpal was appointed as Director.
Charges
A charge registered on 09 Jun 2005 via Charge ID 90350914 with Punjab National Bank was fully satisfied on 09 May 2012.
8 earlier events are in the company report.
Frequently asked questions
Lotus Knits 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 12 July 1999 (27+ years old) and is registered under CIN U24110MH1999PTC120774.
Lotus Knits has 3 current directors:
- Malvika Haresh Nagpal - Director
- Veena Nandlal Nagpal - Director
- Haresh Nandlal Nagpal - Director
The latest financial statements of Lotus Knits 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 Lotus Knits is 27AAFCS2120K1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lotus Knits is U24110MH1999PTC120774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lotus Knits has 8 court cases on record: 8 filed by the company. 4 are pending.
Lotus Knits was incorporated on 12 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Lotus Knits by revenue are Shreyans Textiles Limited, KNW Apparels Private Limited, True Green Bio Energy Limited, Indtech Apparels Pvt Ltd, Travancore Fibres Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Veena Nandlal Nagpal was appointed as Director on 24 Jul 2014. Haresh Nandlal Nagpal was appointed as Director on 09 Feb 2005. Malvika Haresh Nagpal was appointed as Director on 09 Feb 2005.
Yes, Lotus Knits is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0056301).
The registered office of Lotus Knits is at Shop No.23 24 & 26 Ground Floor Hi Life Premises Co.Op Society. Ltd P.M Road Santacruz, W, Mumbai, Maharashtra, India – 400054.
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