Mercury Embroideries Private Limited
About Mercury Embroideries Private Limited
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Mercury Embroideries Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 22 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74994GJ2004PTC044499.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.9 Lakh. It is led by directors including Shardul Dhanendra Shah (Managing Director) and Narendrakumar Champalal Mehta.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.29 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹79,586 (net margin -34.7%) and EBITDA of -₹79,586 (EBITDA margin -34.7%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 12% over five years.
As per MCA filings, the company has satisfied charges of ₹1.78 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mercury Embroideries Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 Shayona Golden Estate Maheshwari Mill Compound Opp.Swaminarayan Mandir Dudheshwar Road, Shahibaug, Ahmedabad, Gujarat, India – 380004
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Mercury Embroideries 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
Financials of Mercury Embroideries Private Limited
FY 2025 filings availableMercury Embroideries Private Limited reported revenue of ₹2.29 Lakh (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA fell 144% 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 | -₹79,586 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹79,586 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -34.7% | ||||
| Net Profit Margin | -34.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mercury Embroideries Private Limited, buy the company report.
Board of directors of Mercury Embroideries Private Limited
Mercury Embroideries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendrakumar Champalal Mehta | Director | 22 Jul 2004 | 22 Years 3 Months | Current |
| Shardul Dhanendra Shah Also directs: Marudhar Embroapparels Private Limited | Managing Director | 22 Jul 2004 | 22 Years 3 Months | Current |
| Hitesh Bhogibhai Sheth Also directs: Marudhar Embroapparels Private Limited | Director | 22 Jul 2004 | 22 Years 3 Months | Current |
Peer comparison
Mercury Embroideries Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lexus Vintrade Private Limited | ₹2.32 Lakh (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Gunny Dealers Ltd | ₹2.32 Lakh (FY 2024) | -97.0% | Kolkata, West Bengal, India | |||
| Haryana Supplies Private Limited | ₹2.31 Lakh (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Yashodha Synthetics Private Limited | ₹2.31 Lakh (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Som Co Marketing and Consultancy Private Limited | ₹2.3 Lakh (FY 2024) | -19.0% | Surat, Gujarat, India | |||
| Mercury Embroideries Private Limitedthis company | ₹2.29 Lakh (FY 2024) | -₹79,586 | -34.7% | 6.0% | Ahmedabad, Gujarat, India | |
| Saraswathi Rolling Mills Private Limited | ₹2.28 Lakh (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| Narmada Business & Credit Pvt. Ltd. | ₹2.28 Lakh (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Synfab Industries Private Limited | ₹2.27 Lakh (FY 2025) | -69.0% | Mumbai, Maharashtra, India | |||
| Jaitara Tradecomm Private Limited | ₹2.26 Lakh (FY 2024) | -3.0% | Ahmedabad, Gujarat, India | |||
| Ludhiana Woollen and Silk Mills Private Limited | ₹2.26 Lakh (FY 2025) | -100.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mercury Embroideries Private Limited, buy the company report.
Auditor
Mercury Embroideries Private Limited is audited by RACHIN M SHAH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RACHIN M SHAH & ASSOCIATES | FY 2021 | 144756W |
Shareholding
The shareholding of Mercury Embroideries 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 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mercury Embroideries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2010 | 10256386 | Kotak Mahindra Bank Limited | ₹40 Lakh | Satisfied | |
| 24 Nov 2010 | 10253414 | Kotak Mahindra Bank Limited | ₹40 Lakh | Satisfied | |
| 21 Jul 2007 | 10065289 | Union Co-Op. Bank Ltd. | ₹37.5 Lakh | Satisfied | |
| 11 Sep 2004 | 80036313 | The Union Co-Operative Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Mercury Embroideries Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Mercury Embroideries 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 Mercury Embroideries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mercury Embroideries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mercury Embroideries Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Hiren Kirparam Agrawal ceased to be Director on 31 Jan 2010.
4 earlier events are in the company report.
Frequently asked questions
Mercury Embroideries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 22 July 2004 (22+ years old) and is registered under CIN U74994GJ2004PTC044499.
Mercury Embroideries has 3 current directors:
- Shardul Dhanendra Shah - Managing Director
- Narendrakumar Champalal Mehta - Director
- Hitesh Bhogibhai Sheth - Director
The latest financial statements of Mercury Embroideries 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 CIN (Corporate Identification Number) of Mercury Embroideries is U74994GJ2004PTC044499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mercury Embroideries was incorporated on 22 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mercury Embroideries by revenue are Lexus Vintrade Private Limited, Gunny Dealers Ltd, Haryana Supplies Private Limited, Yashodha Synthetics Private Limited, Som Co Marketing and Consultancy Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Hiren Kirparam Agrawal ceased to be Director on 31 Jan 2010. Sorav Kirparam Agrawal ceased to be Director on 31 Jan 2010. Hitesh Bhogibhai Sheth was appointed as Director on 22 Jul 2004. Mercury Embroideries has 5 board changes on record in total.
The registered office of Mercury Embroideries is at 5 Shayona Golden Estate Maheshwari Mill Compound Opp.Swaminarayan Mandir Dudheshwar Road, Shahibaug, Ahmedabad, Gujarat, India – 380004.
Mercury Embroideries operates in the home and lifestyle industry, in the textile retail and distribution segment.
Mercury Embroideries has no open charges and satisfied charges of ₹1.78 Cr as per latest MCA filings.
The compliance status of Mercury Embroideries is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.
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