M Hastimal Textiles (India) Private Limited

M Hastimal Textiles (India) Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U18101MH1998PTC113389 Incorporated 04 February 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods
Revenue · FY 2024
₹27.68 Cr
▲ 1% YoY
Net profit · FY 2024
₹17.45 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹84.32 Lakh
EBITDA margin 3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹5.41 Cr
Secured borrowings
Company age
28 yrs
Est. 1998
Directors on board
4
As per MCA filings

About M Hastimal Textiles (India) Private Limited

Data last updated:

M Hastimal Textiles (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 04 February 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1998PTC113389. Its GSTIN is 27AAACH3768F1ZK (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 ₹50 Lakh. It is led by directors including Vijayraj Mohanlal Dhanresha and Bhagyawati Vijayraj Dhanresha.

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 51 Raghunath Maharaj Street Shop No. 5 Rehmat Bldg Mandvi Koliwada, Mumbai, Maharashtra, India – 400003.

As per the financials filed for FY 2024, the company reported a revenue of ₹27.68 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹17.45 Lakh (net margin 0.6%) and EBITDA of ₹84.32 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.

The company is associated with 1 brand: Sheetalworld. As per MCA filings, the company has open charges of ₹5.41 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sheetalworld.com.

Company details

CIN U18101MH1998PTC113389
Registration Number 113389
Incorporation Date 04 February 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

M Hastimal Textiles (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is sheetalworld.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    51 Raghunath Maharaj Street Shop No. 5 Rehmat Bldg Mandvi Koliwada, Mumbai, Maharashtra, India – 400003
  • Industry
    Consumer Goods, Home Furnishings Manufacturing

To see the full contact details of M Hastimal Textiles (India) Private Limited, buy the company report.

Comprehensive company report
M Hastimal Textiles (India) 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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Secure checkout · GST invoice included

Brands

M Hastimal Textiles (India) operates one associated brand: Sheetalworld. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures and supplies unique home furnishing items through online and direct channels.sheetalworld.com

Business activity

The main business activity of M Hastimal Textiles (India) is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of M Hastimal Textiles (India) Private Limited, buy the company report.

Financials of M Hastimal Textiles (India) Private Limited

FY 2025 filings available

M Hastimal Textiles (India) Private Limited reported revenue of ₹27.68 Cr (up 1% YoY) for FY 2024.

Revenue · FY 2024
₹27.68 Cr ▲ 1%
Net profit · FY 2024
₹17.45 Lakh margin 0.6%
EBITDA · FY 2024
₹84.32 Lakh margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 15%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 15%
5 years · compounded
▲ 16%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 1% growth in the latest year. EBITDA rose 15% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹84.32 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹17.45 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3%
Net Profit Margin0.6%
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 M Hastimal Textiles (India) Private Limited, buy the company report.

Board of directors of M Hastimal Textiles (India) Private Limited

M Hastimal Textiles (India) has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijayraj Mohanlal DhanreshaDirector04 Feb 199828 Years 9 MonthsCurrent
Bhagyawati Vijayraj DhanreshaDirector04 Feb 199828 Years 9 MonthsCurrent
Jateen Vijayraj DhanreshaDirector25 Mar 200917 Years 7 MonthsCurrent
Shweta Jateen DhanreshaDirector02 Dec 201510 Years 11 MonthsCurrent

Auditor

M Hastimal Textiles (India) Private Limited is audited by VYAS & JOSHI for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VYAS & JOSHIFY 2023111646W

Shareholding

The shareholding of M Hastimal Textiles (India) 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 M Hastimal Textiles (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.41 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹5.41 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Jun 200910164061State Bank of India₹4.54 CrOpen
08 Dec 199990142631State Bank of India₹65 LakhOpen
30 Sep 199890142228State Bank of India₹22 LakhOpen

To see the full charge records of M Hastimal Textiles (India) Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

M Hastimal Textiles (India) Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 38 overdue payments to 2 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 (2 of 2)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier

To see the full MSME payment records of M Hastimal Textiles (India) Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

M Hastimal Textiles (India) has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAACH3768F1ZKMaharashtraActive01 Jul 2017
33AAACH3768F1ZRTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of M Hastimal Textiles (India) Private Limited, buy the company report.

Recent activity

M Hastimal Textiles (India) Private Limited has 4 board changes on record since 1998: 4 appointments. The latest: Shweta Jateen Dhanresha was appointed as Director on 02 Dec 2015.

AGM
M Hastimal Textiles (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
M Hastimal Textiles (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with State Bank Of India of Rs. 454.00 Lakh registered on 22 Jun 2009 with Charge ID 10164061 was modified on 18 Apr 2023.
Appointed
Shweta Jateen Dhanresha was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 454.00 Lakh with Charge ID 10164061 was registered on 22 Jun 2009.
Appointed
Jateen Vijayraj Dhanresha was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 65.00 Lakh with Charge ID 90142631 was registered on 08 Dec 1999.
Charges
A charge with State Bank Of India amounted to Rs. 22.00 Lakh with Charge ID 90142228 was registered on 30 Sep 1998.
Appointed
Bhagyawati Vijayraj Dhanresha was appointed as Director.
Appointed
Vijayraj Mohanlal Dhanresha was appointed as Director.
Incorporation
04 Feb 1998
M Hastimal Textiles (India) Private Limited was registered on 04 Feb 1998 with Roc Mumbai & aged 28 years 9 months as per MCA records.

Frequently asked questions

M Hastimal Textiles (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 04 February 1998 (28+ years old) and is registered under CIN U18101MH1998PTC113389.

M Hastimal Textiles (India) has 4 current directors:

The latest financial statements of M Hastimal Textiles (India) 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 M Hastimal Textiles (India) is 27AAACH3768F1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAACH3768F1ZR (Tamil Nadu).

The CIN (Corporate Identification Number) of M Hastimal Textiles (India) is U18101MH1998PTC113389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

M Hastimal Textiles (India) was incorporated on 04 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.

Shweta Jateen Dhanresha was appointed as Director on 02 Dec 2015. Jateen Vijayraj Dhanresha was appointed as Director on 25 Mar 2009. Bhagyawati Vijayraj Dhanresha was appointed as Director on 04 Feb 1998. M Hastimal Textiles (India) has 4 board changes on record in total.

M Hastimal Textiles (India) has 8 MSME Form 1 returns on record between 2019 and 2023, listing 38 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 Aug 2023.

M Hastimal Textiles (India) can be reached through the website sheetalworld.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of M Hastimal Textiles (India) is at 51 Raghunath Maharaj Street Shop No. 5 Rehmat Bldg Mandvi Koliwada, Mumbai, Maharashtra, India – 400003.

M Hastimal Textiles (India) operates in the consumer goods industry, in the home furnishings manufacturing segment.