Maharashtra Textile Processors Association
About Maharashtra Textile Processors Association
Data last updated:
Maharashtra Textile Processors Association is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2008NPL189079.
It is led by directors including Hanuman Prasad Chouthmal Banka and Ashokkumar Hariprasad Garodia.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gopal Bhawan 3rd Floor 199 Princess Street, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.45 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹12,242 (net margin -5%) and EBITDA of -₹11,729 (EBITDA margin -4.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressGopal Bhawan 3rd Floor 199 Princess Street, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Maharashtra Textile Processors Association
The main business activity of Maharashtra Textile Processors Association is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Maharashtra Textile Processors Association FY 2025 filings available
Maharashtra Textile Processors Association reported revenue of ₹2.45 Lakh (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maharashtra Textile Processors Association
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 8% fall in the latest year. EBITDA fell 138% 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 of Maharashtra Textile Processors Association
| 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 | -₹11,729 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12,242 | •••• | •••• | •••• | •••• |
| 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 of Maharashtra Textile Processors Association
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maharashtra Textile Processors Association are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Maharashtra Textile Processors Association
Maharashtra Textile Processors Association is audited by S P DUBEY & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S P DUBEY & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maharashtra Textile Processors Association
Maharashtra Textile Processors Association has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hanuman Prasad Chouthmal Banka | Director | 22 Dec 2008 | 17 Years 9 Months | Current |
| Ashokkumar Hariprasad Garodia | Director | 22 Dec 2008 | 17 Years 9 Months | Current |
| Rajeev Banwarilal Jalan | Director | 22 Dec 2008 | 17 Years 9 Months | Current |
| Ashok Shivonkar Maheshwari Also directs: Amtech Communications Pvt Ltd, Krishna Processors & Industries Private Limited., Krishna Alkali (Bombay) Private Limited and 1 more | Director | 22 Dec 2008 | 17 Years 9 Months | Current |
| Nandlal Sanghai Also directs: Aajiwan Industries Limited, Someshwara Industries and Exports Limited, Sanghai Holdings Private Limited and 1 more | Director | 22 Dec 2008 | 17 Years 9 Months | Current |
| Hardip Singh Bubber | Director | 22 Dec 2008 | 17 Years 9 Months | Current |
Ownership and Shareholding of Maharashtra Textile Processors Association
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maharashtra Textile Processors Association
Maharashtra Textile Processors Association does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maharashtra Textile Processors Association
Employment history and EPFO contributions of people linked to Maharashtra Textile Processors Association.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Maharashtra Textile Processors Association
Credit Ratings, Litigation & Regulatory Alerts for Maharashtra Textile Processors Association
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maharashtra Textile Processors Association
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maharashtra Textile Processors Association
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maharashtra Textile Processors Association
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maharashtra Textile Processors Association
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maharashtra Textile Processors Association
Maharashtra Textile Processors Association is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 December 2008 (18+ years old) and is registered under CIN U17120MH2008NPL189079.
Maharashtra Textile Processors Association reported revenue of ₹2.45 Lakh for FY 2024 (down 8% YoY).
Maharashtra Textile Processors Association has 7 current directors:
- Hanuman Prasad Chouthmal Banka - Director
- Ashokkumar Hariprasad Garodia - Director
- Rajeev Banwarilal Jalan - Director
- Ashok Shivonkar Maheshwari - Director
- Nandlal Sanghai - Director
- Hardip Singh Bubber - Director
- Narendra Ramprakash Podar - Director
Maharashtra Textile Processors Association reported a net loss of ₹12,242 (net margin -5%) and EBITDA of -₹11,729 (EBITDA margin -4.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maharashtra Textile Processors Association is 7% over three years and -6% over five years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Maharashtra Textile Processors Association is U17120MH2008NPL189079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maharashtra Textile Processors Association was incorporated on 22 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Maharashtra Textile Processors Association is at Gopal Bhawan 3rd Floor 199 Princess Street, Mumbai, Maharashtra, India – 400002.
Maharashtra Textile Processors Association operates in the manufacturing industry, in the textile and fabric production segment.