Mahadivya Textiles Private Limited
About Mahadivya Textiles Private Limited
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Mahadivya Textiles 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 14 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17200MH2010PTC203243. Its GSTIN is 27AAGCM5407J1ZC (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.77 Lakh. It is led by directors including Rajeshkumar Kundanmalji Shah and Ashish Hareshkumar Jain.
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 3rd Floor 384 – J Dabholkarwadi Ajanta Chambers Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹111.17 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹32.21 Lakh (net margin 0.3%) and EBITDA of ₹2.46 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹2.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahadivya Textiles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor 384 – J Dabholkarwadi Ajanta Chambers Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mahadivya Textiles 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
Business activity
The main business activity of Mahadivya Textiles 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 Mahadivya Textiles Private Limited, buy the company report.
Financials of Mahadivya Textiles Private Limited
FY 2024 filings availableMahadivya Textiles Private Limited reported revenue of ₹111.17 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 4% growth in the latest year. EBITDA rose 7% 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 |
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| EBITDA | ₹2.46 Cr | ||||
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| Net Profit (PAT) | ₹32.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Mahadivya Textiles Private Limited, buy the company report.
Board of directors of Mahadivya Textiles Private Limited
Mahadivya Textiles has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshkumar Kundanmalji Shah Also directs: Damruwala Cotton Fab LLP | Director | 29 Oct 2015 | 11 Years 0 Months | Current |
| Ashish Hareshkumar Jain Also directs: Mahadivya Cotton LLP | Director | 29 Oct 2015 | 11 Years 0 Months | Current |
| Bharatkumar Kundanmalji Shah | Director | 14 May 2010 | 16 Years 5 Months | Current |
| Haresh Jayantilal Jain | Director | 14 May 2010 | 16 Years 5 Months | Current |
| Piyush Mahendrakumar Shah Also directs: Mahadivya Cotton LLP | Director | 30 Oct 2015 | 11 Years 0 Months | Current |
| Nivit Mahendrakumar Jain Also directs: Mahadivya Cotton LLP | Director | 31 Oct 2015 | 10 Years 11 Months | Current |
Peer comparison
Mahadivya Textiles 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 |
|---|---|---|---|---|---|---|
| Choice Clothing Company Private Limited | ₹111.67 Cr (FY 2025) | 92.0% | New Delhi, Delhi, India | |||
| Neelam Linens and Garments (India) Limited | ₹111.64 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Ratan Barjatiya Spinners Private Limited | ₹111.41 Cr (FY 2025) | -7.0% | Bhilwara, Rajasthan, India | |||
| Shree Niwas Textiles Private Limited | ₹111.22 Cr (FY 2024) | -19.0% | Kolkata, West Bengal, India | |||
| Mahadivya Textiles Private Limitedthis company | ₹111.17 Cr (FY 2024) | ₹32.21 Lakh | 0.3% | 4.0% | Mumbai, Maharashtra, India | |
| STL Global Limited | ₹110.73 Cr (FY 2025) | 27.0% | Ishwar Nagar, Delhi, India | |||
| Wonderblues Apparels Private Limited | ₹110.67 Cr (FY 2025) | -27.0% | Ahmedabad, Gujarat, India | |||
| Jayashree Weaves India Private Limited | ₹110.6 Cr (FY 2025) | 60.0% | Namakkal, Tamil Nadu, India | |||
| RBR Garments Private Limited | ₹110.59 Cr (FY 2023) | 22.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Mahadivya Textiles Private Limited, buy the company report.
Auditor
Mahadivya Textiles Private Limited is audited by Lavanya Rajpurohit & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lavanya Rajpurohit & Co. | FY 2023 | 132609W |
Shareholding
The shareholding of Mahadivya Textiles 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahadivya Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2011 | 10297912 | Hdfc Bank Limited | ₹2.25 Cr | Open |
To see the full charge records of Mahadivya Textiles Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mahadivya Textiles 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 Mahadivya Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahadivya Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM5407J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahadivya Textiles Private Limited, buy the company report.
Recent activity
Mahadivya Textiles Private Limited has 7 board changes on record since 2010: 7 appointments. The latest: Nivit Mahendrakumar Jain was appointed as Director on 31 Oct 2015.
Frequently asked questions
Mahadivya Textiles 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 14 May 2010 (16+ years old) and is registered under CIN U17200MH2010PTC203243.
Mahadivya Textiles has 7 current directors:
- Rajeshkumar Kundanmalji Shah - Director
- Ashish Hareshkumar Jain - Director
- Bharatkumar Kundanmalji Shah - Director
- Haresh Jayantilal Jain - Director
- Piyush Mahendrakumar Shah - Director
- Nivit Mahendrakumar Jain - Director
- Mahendra Chhotalalji Shah - Director
The latest financial statements of Mahadivya Textiles 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 Mahadivya Textiles is 27AAGCM5407J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahadivya Textiles is U17200MH2010PTC203243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahadivya Textiles was incorporated on 14 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mahadivya Textiles by revenue are Choice Clothing Company Private Limited, Neelam Linens and Garments (India) Limited, Ratan Barjatiya Spinners Private Limited, Shree Niwas Textiles Private Limited, STL Global Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Nivit Mahendrakumar Jain was appointed as Director on 31 Oct 2015. Piyush Mahendrakumar Shah was appointed as Director on 30 Oct 2015. Ashish Hareshkumar Jain was appointed as Director on 29 Oct 2015. Mahadivya Textiles has 7 board changes on record in total.
The registered office of Mahadivya Textiles is at 3rd Floor 384 – J Dabholkarwadi Ajanta Chambers Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Mahadivya Textiles operates in the manufacturing industry, in the textile and fabric production segment.
Mahadivya Textiles has open charges of ₹2.25 Cr and no satisfied charges on record as per latest MCA filings.
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