About Minaxi Textiles Ltd
Data last updated: 14 July 2026
Minaxi Textiles Ltd is a public limited company based in Kalol, Gujarat, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 14 March 1995, the company has been in operation for over 31 years.
Registered with ROC Ahmedabad under CIN L17119GJ1995PLC025007. Listed on BSE: 531456.
Capital: an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.94 Cr. It is led by directors including Dineshkumar Purusottamdas Patel and Bharatbhai Prabhudas Patel.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: Kalol, Gujarat.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹23.14 Cr, a decline of 19.9% compared to the previous year. The net worth stands at ₹4.2 Cr (up 81.11% YoY). Total assets are valued at ₹22.02 Cr (up 1.99% YoY).
The company has a workforce of approximately 24 employees as per the latest available data.
The company is associated with 1 brand - Minaxi Textiles. As per MCA filings, the company has open charges of ₹56.87 Cr and satisfied charges of ₹28.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minaxitextiles.com.
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Registered AddressPlot No. 3311/2 Phase – Iv Gidc, Chhatral, Kalol, Gujarat, India – 382729
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Minaxi Textiles Ltd
Minaxi Textiles Ltd operates one associated brand: Minaxi Textiles. These brands represent Minaxi Textiles Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Fabrics are manufactured by Minaxi Textiles in India since 1995. | minaxitextiles.com |
Competitors & Alternatives of Minaxi Textiles Ltd
Brands and companies operating in the same space as Minaxi Textiles Ltd include Karighar, Orbit Exports, UberUrban and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Sells handcrafted lifestyle items, supports artisans, focuses on eco-friendly production. | New Delhi, India, India | 2018 |
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Orbit Exports is recognized as a leading fabric exporter from India. | Mumbai, India, India | 1983 |
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Internet first brand offering casual wear for men and women | Ahmedabad, India, India | 2011 |
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Online platform offering a wide range of eco-friendly kitchen and garden supplies | Bengaluru, India, India | 2015 |
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Multi-category home textiles are branded and traded by Piotex. | Pune, India, India | 2012 |
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Private label home decor and furnishings are supplied by Maspar. | Delhi, India, India | 2001 |
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Runs a direct-to-consumer brand specializing in high-quality home linen products for kids. | Ahmedabad, India, India | 2012 |
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Provides handcrafted clothing, accessories, and home decor from Indian inspirations. | Noida, India, India | 1992 |
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Provides dyeing, printing, and supplying of knitted fabrics with sustainable practices. | Tiruppur, India, India | 2008 |
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Diversified operations in textiles manufacturing, jewelry retail, education, and energy production. | Coimbatore, India, India | 2006 |
Business Activity of Minaxi Textiles Ltd
Minaxi Textiles Ltd is engaged in the principal business activity of manufacturing, with detailed activities including 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 for Minaxi Textiles Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Minaxi Textiles Ltd
Minaxi Textiles Ltd is audited by Parth R. Shah and Co., (ICAI peer reviewed, certificate valid till 2027-05-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Parth R. Shah and Co., (ICAI peer reviewed, certificate valid till 2027-05-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Minaxi Textiles Ltd
Minaxi Textiles Ltd is currently managed by 8 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dineshkumar Purusottamdas Patel | Managing Director | 30 Sep 2008 | 17 Years 10 Months | Current |
| Bharatbhai Prabhudas Patel | Director | 25 Jul 2001 | 25 Years 0 Months | Current |
| Sweta Parind Patel | Director | 15 Nov 2019 | 6 Years 9 Months | Current |
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Snehalkumar Rajendrakumar Patel
Also directs:
Uma Buildroad Private Limited
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Director | 14 Sep 2020 | 5 Years 11 Months | Current |
| Chirag Nalinbhai Shah | Director | 23 Oct 2020 | 5 Years 9 Months | Current |
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Kiritkumar Shambhubhai Patel
Also directs:
Vishal Finlease Limited
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Whole-Time Director | 30 Sep 2009 | 16 Years 10 Months | Current |
Financials of Minaxi Textiles Ltd FY 2026 filings available
Minaxi Textiles Ltd reported revenue of ₹23.14 Cr (down 19.9% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹23.14 Cr | ₹28.88 Cr | ₹34.29 Cr | ₹29.21 Cr | ₹31.11 Cr | ₹14.8 Cr | ₹16.72 Cr | ₹54.73 Cr |
| Other Income | ₹3.06 Cr | ₹57.12 Lakh | ₹83.95 Lakh | ₹4.48 Lakh | ₹7.77 Lakh | ₹5.95 Lakh | ₹4.47 Lakh | ₹16.79 Lakh |
| Total Income | ₹26.19 Cr | ₹29.46 Cr | ₹35.13 Cr | ₹29.26 Cr | ₹31.18 Cr | ₹14.85 Cr | ₹16.77 Cr | ₹54.9 Cr |
| Cost of Materials Consumed | ₹18.36 Cr | ₹24.79 Cr | ₹30.57 Cr | ₹23.78 Cr | ₹19.83 Cr | ₹12.63 Cr | ₹9.59 Cr | ₹43.48 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹2.53 Lakh | ₹16.52 Lakh | ₹2.56 Cr | ₹3.43 Cr |
| Changes in Inventories | ₹46.69 Lakh | -₹48.91 Lakh | ₹2.05 Cr | ₹6.89 Cr | ₹7.23 Cr | -₹1.23 Cr | -₹2 Cr | -₹7.3 Cr |
| Employee Benefit Expense | ₹94.68 Lakh | ₹99.25 Lakh | ₹1.15 Cr | ₹1.01 Cr | ₹80.91 Lakh | ₹57.84 Lakh | ₹1.06 Cr | ₹2.14 Cr |
| Finance Costs | ₹1.12 Cr | ₹1.64 Cr | ₹1.27 Cr | ₹2.17 Cr | ₹2.22 Cr | ₹2.44 Cr | ₹2.19 Cr | ₹3.07 Cr |
| Depreciation & Amortisation | ₹41.21 Lakh | ₹47.39 Lakh | ₹58.09 Lakh | ₹61.71 Lakh | ₹62.83 Lakh | ₹63.94 Lakh | ₹66.56 Lakh | ₹1.9 Cr |
| Other Expenses | ₹2.44 Cr | ₹2.73 Cr | ₹3.35 Cr | ₹3.1 Cr | ₹2.5 Cr | ₹1.57 Cr | ₹2.68 Cr | ₹6.59 Cr |
| Total Expenses | ₹23.75 Cr | ₹30.15 Cr | ₹38.97 Cr | ₹37.56 Cr | ₹33.25 Cr | ₹16.78 Cr | ₹16.75 Cr | ₹53.32 Cr |
| Profit Before Exceptional Items & Tax | ₹2.45 Cr | -₹69.14 Lakh | -₹3.84 Cr | -₹8.3 Cr | -₹2.06 Cr | -₹1.93 Cr | ₹1.71 Lakh | ₹1.58 Cr |
| Exceptional Items | ₹0 | ₹9 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.45 Cr | -₹60.14 Lakh | -₹3.84 Cr | -₹8.3 Cr | -₹2.06 Cr | -₹1.93 Cr | ₹1.71 Lakh | ₹1.58 Cr |
| Total Tax Expense | ₹65.83 Lakh | -₹16.37 Lakh | -₹72.98 Lakh | -₹2.09 Cr | -₹47.17 Lakh | -₹32.36 Lakh | -₹10.14 Lakh | ₹89.04 Lakh |
| Net Profit | ₹1.79 Cr | -₹43.77 Lakh | -₹3.11 Cr | -₹6.21 Cr | -₹1.59 Cr | -₹1.6 Cr | ₹11.85 Lakh | ₹69.14 Lakh |
| Other Comprehensive Income | ₹9.39 Lakh | ₹5.48 Lakh | -₹2.12 Lakh | -₹4.89 Lakh | ₹1.35 Lakh | -₹82,000 | -₹3.29 Lakh | ₹71.17 Lakh |
| Total Comprehensive Income | ₹1.88 Cr | -₹38.29 Lakh | -₹3.13 Cr | -₹6.26 Cr | -₹1.58 Cr | -₹1.61 Cr | ₹8.56 Lakh | ₹1.4 Cr |
| EBITDA (computed) | ₹3.98 Cr | ₹1.43 Cr | -₹1.99 Cr | -₹5.52 Cr | ₹78.53 Lakh | ₹1.15 Cr | ₹2.88 Cr | ₹6.56 Cr |
| Basic EPS | ₹0.36 | ₹-0.11 | ₹-0.63 | ₹-1.26 | ₹-0.32 | ₹-0.32 | ₹0.02 | ₹0.14 |
| Diluted EPS | ₹0.36 | ₹-0.11 | ₹-0.63 | ₹-1.26 | ₹-0.32 | ₹-0.32 | ₹0.02 | ₹0.14 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹22.02 Cr | ₹21.59 Cr | ₹25.26 Cr | ₹36.32 Cr | ₹40.39 Cr | ₹41.75 Cr | ₹41.71 Cr | ₹43 Cr |
| Non-current Assets | ₹9.63 Cr | ₹10.46 Cr | ₹10.99 Cr | ₹10.72 Cr | ₹9.47 Cr | ₹10.07 Cr | ₹10.79 Cr | ₹11.79 Cr |
| Current Assets | ₹12.39 Cr | ₹11.13 Cr | ₹14.27 Cr | ₹25.6 Cr | ₹30.91 Cr | ₹31.68 Cr | ₹30.92 Cr | ₹31.21 Cr |
| Property, Plant & Equipment | ₹6.35 Cr | ₹6.88 Cr | ₹7.59 Cr | ₹8.17 Cr | ₹8.78 Cr | ₹9.5 Cr | ₹10.24 Cr | ₹11.18 Cr |
| Inventories | ₹7.43 Cr | ₹8.09 Cr | ₹9.05 Cr | ₹9.8 Cr | ₹16.74 Cr | ₹23.31 Cr | ₹21.83 Cr | ₹19.39 Cr |
| Trade Receivables | ₹3.42 Cr | ₹2.14 Cr | ₹3.83 Cr | ₹13.66 Cr | ₹11.99 Cr | ₹7.16 Cr | ₹8.13 Cr | ₹11.36 Cr |
| Cash & Equivalents | ₹35,000 | ₹3.85 Lakh | ₹1.73 Lakh | ₹2.59 Lakh | ₹15.54 Lakh | ₹2.6 Lakh | ₹65,000 | ₹9.43 Lakh |
| Equity (Net Worth) | ₹4.2 Cr | ₹2.32 Cr | ₹2.79 Cr | ₹5.93 Cr | ₹12.19 Cr | ₹13.76 Cr | ₹15.38 Cr | ₹15.29 Cr |
| Equity Share Capital | ₹4.94 Cr | ₹4.94 Cr | ₹4.94 Cr | ₹4.94 Cr | ₹5.56 Cr | ₹5.56 Cr | ₹5.56 Cr | ₹5.56 Cr |
| Borrowings (Non-current) | ₹7 Cr | ₹6.59 Cr | ₹8.91 Cr | ₹11.76 Cr | ₹11.58 Cr | ₹6.76 Cr | ₹5.4 Cr | ₹2.01 Cr |
| Borrowings (Current) | ₹5.21 Cr | ₹7.75 Cr | ₹7.96 Cr | ₹8.61 Cr | ₹9.69 Cr | ₹16.43 Cr | ₹15.57 Cr | ₹15.46 Cr |
| Total Debt (computed) | ₹12.2 Cr | ₹14.34 Cr | ₹16.87 Cr | ₹20.37 Cr | ₹21.27 Cr | ₹23.19 Cr | ₹20.97 Cr | ₹17.48 Cr |
| Current Liabilities | ₹10.69 Cr | ₹12.56 Cr | ₹13.4 Cr | ₹18.49 Cr | ₹16.46 Cr | ₹20.85 Cr | ₹20.17 Cr | ₹24.82 Cr |
| Total Liabilities | ₹17.82 Cr | ₹19.27 Cr | ₹22.47 Cr | ₹30.4 Cr | ₹28.2 Cr | ₹27.99 Cr | ₹26.33 Cr | ₹27.71 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹33.17 Lakh | ₹3.49 Cr | ₹4.74 Cr | ₹2.93 Cr | ₹4.82 Cr |
| Investing Cash Flow | ₹2.89 Cr | ₹80.46 Lakh | ₹1.49 Lakh | ₹65,000 | ₹13.26 Lakh |
| Financing Cash Flow | -₹3.25 Cr | -₹4.18 Cr | -₹4.76 Cr | -₹3.07 Cr | -₹24.64 Lakh |
| Capital Expenditure | ₹28.99 Lakh | ₹11.68 Lakh | ₹0 | ₹49,000 | ₹0 |
| Free Cash Flow (computed) | ₹4.18 Lakh | ₹3.37 Cr | ₹4.74 Cr | ₹2.93 Cr | ₹4.82 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹3.49 Lakh | ₹11.12 Lakh | -₹84,000 | -₹12.95 Lakh | ₹4.71 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹6.21 Cr | ₹4.51 Cr | ₹7.04 Cr | ₹5.37 Cr | ₹6.19 Cr | ₹5.92 Cr | ₹7.81 Cr | ₹8.97 Cr |
| Other Income | ₹1.7 Lakh | ₹2,000 | ₹87,000 | ₹3.03 Cr | ₹89,000 | ₹3,000 | ₹55 Lakh | ₹1.21 Lakh |
| Total Income | ₹6.23 Cr | ₹4.51 Cr | ₹7.05 Cr | ₹8.4 Cr | ₹6.19 Cr | ₹5.92 Cr | ₹8.36 Cr | ₹8.98 Cr |
| Cost of Materials Consumed | ₹4.57 Cr | ₹3.24 Cr | ₹5.51 Cr | ₹5.05 Cr | ₹4.76 Cr | ₹3.95 Cr | ₹6.71 Cr | ₹9.37 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹5,000 | ₹53.88 Lakh | ₹28.98 Lakh | -₹36.22 Lakh | -₹79.85 Lakh | ₹1.15 Cr | ₹4.21 Lakh | -₹88.41 Lakh |
| Employee Benefit Expense | ₹25.7 Lakh | ₹21.78 Lakh | ₹23.08 Lakh | ₹24.11 Lakh | ₹26.88 Lakh | ₹21.46 Lakh | ₹24.71 Lakh | ₹26.19 Lakh |
| Finance Costs | ₹23.14 Lakh | ₹24.26 Lakh | ₹34.8 Lakh | ₹29.91 Lakh | ₹39.61 Lakh | ₹39.93 Lakh | ₹41.39 Lakh | ₹43.45 Lakh |
| Depreciation & Amortisation | ₹10.3 Lakh | ₹10.3 Lakh | ₹10.3 Lakh | ₹10.3 Lakh | ₹7.44 Lakh | ₹12.71 Lakh | ₹12.72 Lakh | ₹14.52 Lakh |
| Other Expenses | ₹56.01 Lakh | ₹49.47 Lakh | ₹76.51 Lakh | ₹61.82 Lakh | ₹53.99 Lakh | ₹67.48 Lakh | ₹67.6 Lakh | ₹84.22 Lakh |
| Total Expenses | ₹5.72 Cr | ₹4.83 Cr | ₹7.24 Cr | ₹5.95 Cr | ₹5.24 Cr | ₹6.52 Cr | ₹8.22 Cr | ₹10.17 Cr |
| Profit Before Exceptional Items & Tax | ₹51.15 Lakh | -₹32.5 Lakh | -₹19.09 Lakh | ₹2.45 Cr | ₹95.1 Lakh | -₹59.35 Lakh | ₹14.2 Lakh | -₹1.19 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹51.15 Lakh | -₹32.5 Lakh | -₹19.09 Lakh | ₹2.45 Cr | ₹95.1 Lakh | -₹59.35 Lakh | ₹14.2 Lakh | -₹1.19 Cr |
| Total Tax Expense | ₹14.02 Lakh | -₹7.39 Lakh | -₹2.55 Lakh | ₹61.75 Lakh | ₹24.09 Lakh | -₹14.83 Lakh | -₹2.16 Lakh | -₹23.48 Lakh |
| Net Profit | ₹37.13 Lakh | -₹25.11 Lakh | -₹16.54 Lakh | ₹1.83 Cr | ₹71.01 Lakh | -₹44.52 Lakh | ₹16.36 Lakh | -₹95.59 Lakh |
| Other Comprehensive Income | -₹15,000 | -₹22.01 Lakh | -₹2.94 Lakh | ₹3.51 Lakh | ₹5.48 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹36.98 Lakh | -₹47.12 Lakh | -₹19.48 Lakh | ₹1.87 Cr | ₹76.49 Lakh | -₹44.52 Lakh | ₹16.36 Lakh | -₹95.59 Lakh |
| EBITDA (computed) | ₹84.59 Lakh | ₹2.06 Lakh | ₹26.01 Lakh | ₹2.85 Cr | ₹1.42 Cr | -₹6.71 Lakh | ₹68.31 Lakh | -₹61.1 Lakh |
| Basic EPS | ₹0.08 | ₹-0.05 | ₹-0.03 | ₹0.37 | ₹0.14 | ₹-0.09 | ₹0.03 | ₹-0.19 |
| Diluted EPS | ₹0.08 | ₹-0.05 | ₹0.00 | ₹0.37 | ₹0.14 | ₹-0.09 | ₹0.00 | ₹-0.19 |
Shareholding Pattern of Minaxi Textiles Ltd
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 38.77%, retail and other public shareholders hold 61.23% of Minaxi Textiles Ltd. The company had 17,945 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 38.77% | 38.77% | 38.77% | 38.77% | 38.77% | 38.77% |
| Public | 61.23% | 61.23% | 61.23% | 61.23% | 61.23% | 61.23% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 38.77% | 38.77% | 38.34% |
| Public | 61.23% | 61.23% | 61.66% |
| Promoter change (YoY, %pts) | +0.00 | +0.43 | - |
Charges & Borrowings of Minaxi Textiles Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Apr 2026 | Hdfc Bank Limited | ₹1.74 Cr | Open |
| 12 Sep 2025 | Bank of India | ₹11.16 Cr | Open |
| 29 Sep 2017 | Bank of India | ₹15.2 Lakh | Open |
| 15 Sep 2016 | Axis Bank Limited | ₹22.72 Cr | Open |
| 23 Dec 2008 | Bank of India | ₹21.1 Cr | Open |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Minaxi Textiles Ltd
Minaxi Textiles Ltd has a workforce of 24 employees as of Apr 04, 2024.
Employee and EPFO history for Minaxi Textiles Ltd
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GST Compliance of Minaxi Textiles Ltd
GST registrations and filing compliance for Minaxi Textiles Ltd
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Credit Ratings, Litigation & Regulatory Alerts for Minaxi Textiles Ltd
Credit ratings, litigation, and regulatory alerts for Minaxi Textiles Ltd
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MSME Payment Delays by Minaxi Textiles Ltd
MSME payment history for Minaxi Textiles Ltd
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Subsidiaries & Group Companies of Minaxi Textiles Ltd
Corporate group structure for Minaxi Textiles Ltd
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MCA Filings & Documents of Minaxi Textiles Ltd
MCA filings and documents for Minaxi Textiles Ltd
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Recent Activity on Minaxi Textiles Ltd
Recent News on Minaxi Textiles Ltd
Frequently Asked Questions about Minaxi Textiles Ltd
Minaxi Textiles Ltd is an active public limited company in the manufacturing sector based in Kalol, Gujarat, India. It was incorporated on 14 March 1995 (31+ years old) and is registered under CIN L17119GJ1995PLC025007. Listed on BSE: 531456. The company has 24 employees.
Minaxi Textiles Ltd reported revenue of ₹23.14 Cr for FY 2026 (down 19.9% YoY) based on standalone BSE filings.
The current directors of Minaxi Textiles Ltd are:
- Dineshkumar Purusottamdas Patel - Managing Director
- Bharatbhai Prabhudas Patel - Director
- Sweta Parind Patel - Director
- Snehalkumar Rajendrakumar Patel - Director
- Chirag Nalinbhai Shah - Director
- Kiritkumar Shambhubhai Patel - Whole-Time Director
- Ravikumar Ghanshyambhai Patel - Director
- Sandip Viththalbhai Madriya - Director
The primary industry of Minaxi Textiles Ltd is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.
Yes. Minaxi Textiles Ltd is listed on BSE with code 531456.
Minaxi Textiles Ltd can be reached at the registered office: Plot No. 33112 Phase – Iv Gidc, Chhatral, Kalol, Gujarat, India – 382729, or through the website minaxitextiles.com.