Marigold Textiles Private Limited
About Marigold Textiles Private Limited
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Marigold Textiles Private Limited is a private limited company based in Shirpur, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 15 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2012PTC238856. Its GSTIN is 27AAICM4768J1ZW (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹49 Lakh and a paid-up capital of ₹48.7 Lakh. It is led by directors Jayshree Amrish Patel and Kailashchandra Bansilal Agrawal.
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 Group Workshed Gut No. 30/1 Dahivad Taluka – Shirpur, Maharashtra, India – 425405.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.5 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹1.75 Lakh (net margin -1.9%) and EBITDA of ₹64,387 (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹32 Lakh and satisfied charges of ₹3.41 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressGroup Workshed Gut No. 30/1 Dahivad Taluka – Shirpur, Maharashtra, India – 425405
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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 of Marigold Textiles Private Limited
The main business activity of Marigold Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Marigold Textiles Private Limited FY 2025 filings available
Marigold Textiles Private Limited reported revenue of ₹93.5 Lakh (down 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Marigold Textiles Private Limited
Revenue fell 80% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 96% 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 Marigold Textiles Private Limited
| 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 | ₹64,387 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.75 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 of Marigold Textiles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Marigold Textiles 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.
Peer Comparison of Marigold Textiles Private Limited
Marigold Textiles Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jay Shree Threads Private Limited | ₹93.74 Lakh (FY 2022) | •••• | •••• | 0.0% | •••• | Surat, Gujarat, India |
| Shree Kisan Texstyle Mills Private Limited | ₹93.66 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Maharashtra, India |
| Pradhan Dresses Private Limited | ₹93.6 Lakh (FY 2022) | •••• | •••• | 93.0% | •••• | New Delhi, Delhi, India |
| Priyadarshni Synthetics Private Limited | ₹93.56 Lakh (FY 2024) | •••• | •••• | 144.0% | •••• | Surat, Gujarat, India |
| Three Circles Exports (OPC) Private Limited | ₹93.54 Lakh (FY 2019) | •••• | •••• | -82.0% | •••• | Gurgaon, Haryana, India |
| Marigold Textiles Private Limited this company | ₹93.5 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | Shirpur, Maharashtra, India |
| Global Wool Alliance Private Limited | ₹93.48 Lakh (FY 2025) | •••• | •••• | 108.0% | •••• | Thane, Maharashtra, India |
| Hemratna Fashion Private Limited | ₹93.43 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Ahmedabad, Gujarat, India |
| Savalia Cotton Ginning and Pressing Private Limited | ₹93.4 Lakh (FY 2021) | •••• | •••• | 2095.0% | •••• | Veraval, Gujarat, India |
| Ivaahn Design & Consultant (OPC) Private Limited | ₹93.29 Lakh (FY 2025) | •••• | •••• | 275.0% | •••• | New Delhi, Delhi, India |
| Niranjanlal Dalmia Private Limited | ₹93.2 Lakh (FY 2023) | •••• | •••• | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Marigold Textiles by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Marigold Textiles Private Limited
Marigold Textiles Private Limited is audited by SHRIKESH V RATHI & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHRIKESH V RATHI & 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 Marigold Textiles Private Limited
Marigold Textiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayshree Amrish Patel Also directs: Girindra Texfab LLP, Shreekedhar Texfab LLP, Siddhi Knitwear Private Limited and 5 more | Director | 15 Dec 2012 | 13 Years 9 Months | Current |
| Kailashchandra Bansilal Agrawal Also directs: Aarush Purespun Private Limited, B.H.Agrawal Agro Private Limited, Lilac Textiles Private Limited and 1 more | Director | 26 Oct 2020 | 5 Years 11 Months | Current |
Ownership and Shareholding of Marigold Textiles Private Limited
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 Marigold Textiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Mar 2023 | The Shirpur People Co-Op Bank Limited | ₹32 Lakh | Open |
| 12 Aug 2014 | Dena Bank | ₹3.41 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Marigold Textiles Private Limited
Employment history and EPFO contributions of people linked to Marigold Textiles.
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 Marigold Textiles Private Limited
Marigold Textiles Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Kailashchandra Bansilal Agrawal was appointed as Director on 26 Oct 2020.
Credit Ratings, Litigation & Regulatory Alerts for Marigold Textiles Private Limited
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 Marigold Textiles Private Limited
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 Marigold Textiles Private Limited
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 Marigold Textiles Private Limited
Marigold Textiles has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM4768J1ZW | Maharashtra | Active | 01 Jul 2017 |
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 Marigold Textiles Private Limited
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 Marigold Textiles Private Limited
Marigold Textiles is an active private limited company based in Shirpur, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 15 December 2012 (14+ years old) and is registered under CIN U17299MH2012PTC238856.
Marigold Textiles reported revenue of ₹93.5 Lakh for FY 2025 (down 80% YoY).
Marigold Textiles has 2 current directors:
- Jayshree Amrish Patel - Director
- Kailashchandra Bansilal Agrawal - Director
Marigold Textiles reported a net loss of ₹1.75 Lakh (net margin -1.9%) and EBITDA of ₹64,387 (EBITDA margin 0.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Marigold Textiles is 8% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 80%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Marigold Textiles is 27AAICM4768J1ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Marigold Textiles is U17299MH2012PTC238856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marigold Textiles was incorporated on 15 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Marigold Textiles by revenue are Jay Shree Threads Private Limited, Shree Kisan Texstyle Mills Private Limited, Pradhan Dresses Private Limited, Priyadarshni Synthetics Private Limited, Three Circles Exports (OPC) Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Kailashchandra Bansilal Agrawal was appointed as Director on 26 Oct 2020. Mahendrakumar Laxminarayan Mandore ceased to be Director on 26 Oct 2020. Jayshree Amrish Patel was appointed as Director on 15 Dec 2012.
The registered office of Marigold Textiles is at Group Workshed Gut No. 301 Dahivad Taluka – Shirpur, Maharashtra, India – 425405.