Milind Kshirsagar Textiles Pvt Ltd
About Milind Kshirsagar Textiles Pvt Ltd
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Milind Kshirsagar Textiles Pvt Ltd is a private limited company based in Solapur, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17111PN1989PTC052516.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Milind Madhukar Kshirsagar and Abhishek Milind Kshirsagar.
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 739 Majarewadi Post – Tikekarwadi, Solapur, Maharashtra, India – 413225.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.4 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹4,000 (net margin 2.9%) and EBITDA of ₹39,030 (EBITDA margin 27.9%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Milind Kshirsagar Textiles has one previous CIN (Corporate Identification Number): U17111MH1989PTC052516. The current CIN is U17111PN1989PTC052516, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111PN1989PTC052516 | Current |
| U17111MH1989PTC052516 | Previous |
Contact details
Milind Kshirsagar Textiles Pvt Ltd's registered office is in Solapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address739 Majarewadi Post – Tikekarwadi, Solapur, Maharashtra, India – 413225
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Milind Kshirsagar Textiles Pvt Ltd, 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 Milind Kshirsagar 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 Milind Kshirsagar Textiles Pvt Ltd, buy the company report.
Financials of Milind Kshirsagar Textiles Pvt Ltd
FY 2025 filings availableMilind Kshirsagar Textiles Pvt Ltd reported revenue of ₹1.4 Lakh (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 38% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹39,030 | ||||
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| Net Profit (PAT) | ₹4,000 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.9% | ||||
| Net Profit Margin | 2.9% | ||||
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To see the full financial statements and ratios of Milind Kshirsagar Textiles Pvt Ltd, buy the company report.
Board of directors of Milind Kshirsagar Textiles Pvt Ltd
Milind Kshirsagar Textiles has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Madhukar Kshirsagar | Director | 07 Jul 1989 | 37 Years 3 Months | Current |
| Abhishek Milind Kshirsagar | Director | 29 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Milind Kshirsagar Textiles Pvt Ltd is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers, 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 |
|---|---|---|---|---|---|---|
| Rar Textiles Private Limited | ₹1.4 Lakh (FY 2022) | -67.0% | Agra, Uttar Pradesh, India | |||
| Milind Kshirsagar Textiles Pvt Ltdthis company | ₹1.4 Lakh (FY 2025) | ₹4,000 | 2.9% | 7.0% | Solapur, Maharashtra, India | |
| M.I.T Texfab Private Limited | ₹1.39 Lakh (FY 2022) | Surat, Gujarat, India | ||||
| Vijai Cloth Mills Private Limited | ₹1.38 Lakh (FY 2025) | 15.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Milind Kshirsagar Textiles Pvt Ltd, buy the company report.
Auditor
Milind Kshirsagar Textiles Pvt Ltd is audited by S G BHUTADA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G BHUTADA & ASSOCIATES | FY 2019 | 101479W |
Shareholding
The shareholding of Milind Kshirsagar Textiles Pvt Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Milind Kshirsagar Textiles Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Milind Kshirsagar Textiles Pvt Ltd 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 Milind Kshirsagar Textiles Pvt Ltd; 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 Milind Kshirsagar Textiles Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Milind Kshirsagar Textiles Pvt Ltd has 8 board changes on record since 1989: 3 appointments and 5 cessations. The latest: Abhishek Milind Kshirsagar ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Milind Kshirsagar Textiles is an active private limited company based in Solapur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 July 1989 (37+ years old) and is registered under CIN U17111PN1989PTC052516.
Milind Kshirsagar Textiles has 2 current directors:
- Milind Madhukar Kshirsagar - Director
- Abhishek Milind Kshirsagar - Director
The latest financial statements of Milind Kshirsagar Textiles 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 Milind Kshirsagar Textiles is U17111PN1989PTC052516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milind Kshirsagar Textiles was incorporated on 07 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Milind Kshirsagar Textiles by revenue are Rar Textiles Private Limited, M.I.T Texfab Private Limited, Vijai Cloth Mills Private Limited, all in the Consumer Products industry (Home Furnishings Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products).
Abhishek Milind Kshirsagar ceased to be Additional Director on 29 Sep 2025. Abhishek Milind Kshirsagar was appointed as Director on 29 May 2025. Sunita Sanjay Patil ceased to be Additional Director on 30 Nov 2021. Milind Kshirsagar Textiles has 8 board changes on record in total.
The registered office of Milind Kshirsagar Textiles is at 739 Majarewadi Post – Tikekarwadi, Solapur, Maharashtra, India – 413225.
Milind Kshirsagar Textiles operates in the manufacturing industry, in the textile and fabric production segment.
The compliance status of Milind Kshirsagar Textiles is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.
Milind Kshirsagar Textiles can be reached at its registered office: 739 Majarewadi Post – Tikekarwadi, Solapur, Maharashtra, India – 413225.
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