About Milliken Chemical and Textile (India) Co. Private Limited
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Milliken Chemical and Textile (India) Co. Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Milliken Design, Inc.. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51310PN2008PTC135702. Its GSTIN is 27AAFCM3724R1ZX (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.62 Cr. It is led by directors David Nobert Smart and Joseph Varghese.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No 29 & 30 10th Floor Suyog Platinum Cts No. 1B 1C Naylor Road, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹323.03 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹20.31 Cr (net margin 6.3%) and EBITDA of ₹28.82 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 24% over five years.
The company is associated with 1 brand: Milliken & Company. As per MCA filings, the company has satisfied charges of ₹60.5 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹11.74 Cr; the latest was in May 2014. Its 7 peer companies in the Manufacturing industry (Industrial Chemicals, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 3 smaller; the largest is KRG Textile Mills Private Limited with revenue of ₹327 Cr. The company has 5 MSME Form 1 returns on record between 2020 and 2024, listing 17 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milliken.com.
Company details
CIN history
Milliken Chemical and Textile (India) Co has one previous CIN (Corporate Identification Number): U51310MH2008PTC177936. The current CIN is U51310PN2008PTC135702, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51310PN2008PTC135702 | Current |
| U51310MH2008PTC177936 | Previous |
Contact details
Milliken Chemical and Textile (India) Co. Private Limited's registered office is in Pune, Maharashtra. Its website is milliken.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 29 & 30 10th Floor Suyog Platinum Cts No. 1B 1C Naylor Road, Pune, Maharashtra, India – 411001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Milliken Chemical and Textile (India) Co. 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
Brands
Milliken Chemical and Textile (India) Co operates one associated brand: Milliken & Company. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Design and consulting services are provided to the manufacturing industry. | milliken.com |
Business activity
The main business activities of Milliken Chemical and Textile (India) Co are manufacturing, trade and support service to organizations. In detail, this covers textile, leather and other apparel products, wholesale trading and other support services to organizations. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Milliken Chemical and Textile (India) Co. Private Limited, buy the company report.
Financials of Milliken Chemical and Textile (India) Co. Private Limited
FY 2025 filings availableMilliken Chemical and Textile (India) Co. Private Limited reported revenue of ₹323.03 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 23% growth in the latest year. EBITDA rose 62% 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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| Total Expenses | |||||
| EBITDA | ₹28.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.31 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 8.9% | ||||
| Net Profit Margin | 6.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Milliken Chemical and Textile (India) Co. Private Limited, buy the company report.
Board of directors and KMP of Milliken Chemical and Textile (India) Co. Private Limited
Milliken Chemical and Textile (India) Co. Private Limited currently reports 2 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| David Nobert Smart | Director | 28 Jun 2020 | 6 Years 4 Months | Current |
| Ajay Jagdish Wagle | Company Secretary | 21 Jun 2013 | 13 Years 4 Months | Current |
| Joseph Varghese | Director | 25 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Milliken Chemical and Textile (India) Co. Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Industrial Chemicals, 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 |
|---|---|---|---|---|---|---|
| KRG Textile Mills Private Limited | ₹327 Cr (FY 2024) | 88.0% | Palladam, Tamil Nadu, India | |||
| The Ganges Manufacturing Company | ₹325.27 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Saam Textiles Private Limited | ₹323.77 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| RMP Fab Sourcing Private Limited | ₹323.18 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| Milliken Chemical and Textile (India) Co. Private Limitedthis company | ₹323.03 Cr (FY 2025) | ₹20.31 Cr | 6.3% | 23.0% | Pune, Maharashtra, India | |
| Kashi Vishwanath Textile Mill Private Limited | ₹319.61 Cr (FY 2025) | -4.0% | Delhi, India | |||
| East India Commercial Co Ltd | ₹317.53 Cr (FY 2017) | -3.0% | Kolkata, West Bengal, India | |||
| Texworld Fashions Private Limited | ₹316.93 Cr (FY 2025) | 5.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Milliken Chemical and Textile (India) Co. Private Limited, buy the company report.
Auditor
Milliken Chemical and Textile (India) Co. Private Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDIOK & CO LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Milliken Chemical and Textile (India) Co. Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Milliken Chemical and Textile (India) Co. Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2014 | 10537374 | Citi Bank N.A. | ₹60.5 Lakh | Satisfied |
To see the full charge records of Milliken Chemical and Textile (India) Co. Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Milliken Chemical and Textile (India) Co. Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹11.74 Cr; the latest was in May 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2014 | Rights issue | ₹12.34 Cr | Investors: Milliken Design Inc |
| Dec 2012 | Funding round | ₹9 Cr | Investors: Milliken Design Inc |
| Jun 2009 | Funding round | ₹2.74 Cr | Investors: Milliken Design Inc |
| Oct 2008 | Secondary share transfer | Undisclosed | Buyer: Milliken Design Inc, Milliken Design Inc & Joseph Murdock Salley Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Milliken Chemical and Textile (India) Co. Private Limited has 3 court cases on record: 2 filed by Milliken Chemical and Textile (India) Co, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Civil suit | Filed against the company | Pending |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Milliken Chemical and Textile (India) Co. Private Limited, buy the company report.
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.
MSME payment delays
Milliken Chemical and Textile (India) Co. Private Limited has 5 MSME Form 1 returns on record between 2020 and 2024, listing 17 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Yash Speciality Chemicals LLP | |||
| Vitesse Travels Private Limited | |||
| Molkem Chemicals Private Limited | |||
| Soujanya Color Private Limited | |||
| Prima Chemicals |
To see the full MSME payment records of Milliken Chemical and Textile (India) Co. Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Milliken Chemical and Textile (India) Co has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM3724R1ZX | Maharashtra | Active | 01 Jul 2017 |
| 29AAFCM3724R1ZT | Karnataka | Active | 01 Jul 2017 |
| 27AAFCM3724R2ZW | Maharashtra | Active | 01 Nov 2017 |
To see the full GST registrations and return filing status of Milliken Chemical and Textile (India) Co. Private Limited, buy the company report.
Recent activity
Milliken Chemical and Textile (India) Co. Private Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Joseph Varghese was appointed as Director on 25 Sep 2025.
4 earlier events are in the company report.
Frequently asked questions
Milliken Chemical and Textile (India) Co is an active private limited company based in Pune, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 January 2008 (18+ years old) and is registered under CIN U51310PN2008PTC135702.
Milliken Chemical and Textile (India) Co has 3 current directors and KMP:
- David Nobert Smart - Director
- Joseph Varghese - Director
- Ajay Jagdish Wagle - Company Secretary
The latest financial statements of Milliken Chemical and Textile (India) Co on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Milliken Chemical and Textile (India) Co is 27AAFCM3724R1ZX, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAFCM3724R1ZT (Karnataka), 27AAFCM3724R2ZW (Maharashtra).
The CIN (Corporate Identification Number) of Milliken Chemical and Textile (India) Co is U51310PN2008PTC135702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milliken Chemical and Textile (India) Co has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the nclt.
Milliken Chemical and Textile (India) Co was incorporated on 18 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Milliken Chemical and Textile (India) Co has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹11.74 Cr; the latest was in May 2014.
The peers of Milliken Chemical and Textile (India) Co by revenue are KRG Textile Mills Private Limited, The Ganges Manufacturing Company, Saam Textiles Private Limited, RMP Fab Sourcing Private Limited, Kashi Vishwanath Textile Mill Private Limited and 2 more, all in the Manufacturing industry (Industrial Chemicals, Textiles), with the same principal business activity (textile, leather and other apparel products).
Joseph Varghese was appointed as Director on 25 Sep 2025. Cynthia Anne Boiter ceased to be Additional Director on 28 Sep 2021. David Jesse Moody Ii ceased to be Director on 15 Mar 2021. Milliken Chemical and Textile (India) Co has 11 board changes on record in total.
Milliken Chemical and Textile (India) Co has 5 MSME Form 1 returns on record between 2020 and 2024, listing 17 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Milliken Chemical and Textile (India) Co can be reached through the website milliken.com. Its registered office is in Pune, Maharashtra, India.
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