Migtex Industries Pvt Ltd
About Migtex Industries Pvt Ltd
Data last updated:
Migtex Industries Pvt Ltd is a private limited company based in Mumbi, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 December 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1985PTC038435. Its GSTIN is 27AAACM4060D2ZV (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20.94 Lakh. It is led by directors including Harjit Makkar Kaur (Managing Director) and Ajaypal Singh Makkar (Whole-Time Director).
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 8 – Daulat Mansion Barrack Road, Mumbi, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.13 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.87 Lakh (net margin 7.7%) and EBITDA of ₹2.52 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 12% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹93.07 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address8 – Daulat Mansion Barrack Road, Mumbi, Maharashtra, India – 400020
- 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 Migtex Industries Pvt Ltd
The main business activity of Migtex Industries 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 Migtex Industries Pvt Ltd FY 2025 filings available
Migtex Industries Pvt Ltd reported revenue of ₹24.13 Lakh (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Migtex Industries Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 12% growth in the latest year. EBITDA rose 109% 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 Migtex Industries Pvt Ltd
| 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 | ₹2.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.87 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 Migtex Industries Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.7% | •••• | •••• | •••• | •••• |
| 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 Migtex Industries 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 Migtex Industries Pvt Ltd
Migtex Industries Pvt Ltd 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 |
|---|---|---|---|---|---|---|
| Upasana Silk Mills Private Limited | ₹24.2 Lakh (FY 2025) | •••• | •••• | •••• | Navi Mumbai, Maharashtra, India | |
| Heaven Textiles Private Limited | ₹24.18 Lakh (FY 2016) | •••• | •••• | -99.0% | •••• | Surat, Gujarat, India |
| Tajeco Gram Products Private Limited | ₹24.17 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Belukuruchi, Tamil Nadu, India |
| Twinthree Innovations Private Limited | ₹24.15 Lakh (FY 2025) | •••• | •••• | 3432.0% | •••• | Bishrakh, Uttar Pradesh, India |
| P P Exim Private Limited | ₹24.15 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Migtex Industries Pvt Ltd this company | ₹24.13 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbi, Maharashtra, India |
| Amber Synthetics Private Limited | ₹24.13 Lakh (FY 2024) | •••• | •••• | -71.0% | •••• | Mumbai, Maharashtra, India |
| Giriraj Polyvinyl Private Limited | ₹24.12 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Champalall Rajkumar Textiles Pvt Ltd | ₹24.09 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Kolkata, West Bengal, India |
| Mahan Textile Process India Private Limited | ₹24.08 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Tirupur, Tamil Nadu, India |
| Citylook Fashions Private Limited | ₹24.07 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Agra, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Migtex Industries 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 Migtex Industries Pvt Ltd
Migtex Industries Pvt Ltd is audited by S R KANOTRA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R KANOTRA & ASSOCIATES | 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 Migtex Industries Pvt Ltd
Migtex Industries has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajaypal Singh Makkar | Whole-Time Director | 21 Dec 1993 | 32 Years 9 Months | Current |
| Harjit Makkar Kaur | Managing Director | 01 Jul 1991 | 35 Years 3 Months | Current |
| Kartar Singh Makkar Also directs: DSM Silk Mills Private Limited | Director | 25 Jun 2015 | 11 Years 3 Months | Current |
| Sumanjit Kaur Makkar Also directs: DSM Silk Mills Private Limited | Director | 15 Dec 2025 | 0 Years 9 Months | Current |
Ownership and Shareholding of Migtex Industries Pvt Ltd
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 Migtex Industries Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 1991 | Oriental Bank of Commerce | ₹25 Lakh | Open |
| 03 Sep 1991 | Oriental Bank of Commerce | ₹10 Lakh | Open |
| 23 Mar 1988 | Oriental Bank of Commerce | ₹7.5 Lakh | Open |
| 29 Aug 1987 | Oriental Bank of Commerce | ₹13.17 Lakh | Open |
| 18 Aug 1987 | Oriental Bank of Commerce | ₹18.7 Lakh | Open |
Total charge records: 6 View all charges
Legal Cases of Migtex Industries Pvt Ltd
Migtex Industries Pvt Ltd has 2 court cases on record: 2 filed by Migtex Industries. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (EXA) | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Migtex Industries Pvt Ltd
Migtex Industries Pvt Ltd has a workforce of 2 employees as of Apr 10, 2024.
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 Migtex Industries Pvt Ltd
Migtex Industries Pvt Ltd has 7 board changes on record since 1991: 4 appointments and 3 cessations. The latest: Sumanjit Kaur Makkar was appointed as Director on 15 Dec 2025.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Migtex Industries Pvt Ltd
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 Migtex Industries Pvt Ltd
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 Migtex Industries Pvt Ltd
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 Migtex Industries Pvt Ltd
Migtex Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM4060D2ZV | Maharashtra | Active | 31 Oct 2023 |
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 Migtex Industries Pvt Ltd
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 Migtex Industries Pvt Ltd
Migtex Industries is an active private limited company based in Mumbi, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 December 1985 (41+ years old) and is registered under CIN U17110MH1985PTC038435.
Migtex Industries reported revenue of ₹24.13 Lakh for FY 2025 (up 12% YoY).
Migtex Industries has 4 current directors:
- Harjit Makkar Kaur - Managing Director
- Ajaypal Singh Makkar - Whole-Time Director
- Kartar Singh Makkar - Director
- Sumanjit Kaur Makkar - Director
Migtex Industries reported a net profit of ₹1.87 Lakh (net margin 7.7%) and EBITDA of ₹2.52 Lakh (EBITDA margin 10.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Migtex Industries is 20% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Migtex Industries is 27AAACM4060D2ZV, 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 Migtex Industries is U17110MH1985PTC038435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Migtex Industries has 2 court cases on record: 2 filed by the company.
Migtex Industries was incorporated on 24 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Migtex Industries by revenue are Upasana Silk Mills Private Limited, Heaven Textiles Private Limited, Tajeco Gram Products Private Limited, Twinthree Innovations Private Limited, P P Exim Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Sumanjit Kaur Makkar was appointed as Director on 15 Dec 2025. Kartar Singh Makkar ceased to be Additional Director on 29 Sep 2015. Kartar Singh Makkar was appointed as Director on 25 Jun 2015. Migtex Industries has 7 board changes on record in total.