About Mitva Fabrics Private Limited
Data last updated:
Mitva Fabrics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1994PTC079992. Its GSTIN is 27AAACM2983P1ZV (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Sahil Suresh Paryani and Niraj Gangadhar Paryani.
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 76/86 Laxmi Bhavan 1 Stfloor Room No 18 Hanuman Lane, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹71.46 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Cr (net margin 2%) and EBITDA of ₹3 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹10.15 Cr and satisfied charges of ₹1.2 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 mitvafabrics.com.
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- Website
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- Registered Address76/86 Laxmi Bhavan 1 Stfloor Room No 18 Hanuman Lane, Mumbai, Maharashtra, India – 400002
- 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 Mitva Fabrics Private Limited
The main business activity of Mitva Fabrics 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 Mitva Fabrics Private Limited FY 2025 filings available
Mitva Fabrics Private Limited reported revenue of ₹71.46 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mitva Fabrics Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 26% 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 Mitva Fabrics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.41 Cr | •••• | •••• | •••• | •••• |
| 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 Mitva Fabrics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 Mitva Fabrics 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.
Board of Directors of Mitva Fabrics Private Limited
Mitva Fabrics has 11 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Suresh Paryani | Director | 01 Mar 2015 | 11 Years 7 Months | Current |
| Niraj Gangadhar Paryani Also directs: Vama Fabrics Limited, Emef Fabrics LLP | Director | 01 Mar 2015 | 11 Years 7 Months | Current |
| Amit Pahilaj Paryani Also directs: Vama Fabrics Limited, Emef Fabrics LLP | Director | 21 Nov 2005 | 20 Years 10 Months | Current |
| Suresh Khubchand Paryani Also directs: Vama Fabrics Limited, Emef Fabrics LLP | Director | 01 Aug 1994 | 32 Years 2 Months | Current |
| Avinash Paryani Gangadhar Also directs: Vama Fabrics Limited, Emef Fabrics LLP | Director | 01 Aug 2021 | 5 Years 2 Months | Current |
| Siddharth Pahilaj Paryani Also directs: Vama Fabrics Limited, Emef Fabrics LLP | Director | 01 Aug 2021 | 5 Years 2 Months | Current |
Peer Comparison of Mitva Fabrics Private Limited
Mitva Fabrics Private Limited 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 |
|---|---|---|---|---|---|---|
| Venus Garments (India) Limited | ₹71.58 Cr (FY 2018) | •••• | •••• | -62.0% | •••• | Ludhiana, Punjab, India |
| Naps Global India Limited | ₹71.51 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Mumbai, Maharashtra, India |
| Ashoka Hosiery Private Limited | ₹71.51 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| Century Cotton Private Limited | ₹71.5 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Ahmedabad, Gujarat, India |
| R.M.X Joss Fashions Private Limited | ₹71.48 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Mitva Fabrics Private Limited this company | ₹71.46 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Hanuman Ecovero Private Limited | ₹71.41 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Surat, Gujarat, India |
| Best Textiles Limited. | ₹71.38 Cr (FY 2017) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Sonale Fabrics Private Limited | ₹71.35 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Mumbai, Maharashtra, India |
| Evergreentex Yarns Private Limited | ₹71.3 Cr (FY 2025) | •••• | •••• | 66050.0% | •••• | Samudrapur, Maharashtra, India |
| Traditional Gallery Private Limited | ₹71.27 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mansarover, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Mitva Fabrics 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 Mitva Fabrics Private Limited
Mitva Fabrics Private Limited is audited by PRAKASH BAKHDA AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAKASH BAKHDA AND 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.
Ownership and Shareholding of Mitva Fabrics Private Limited
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 Mitva Fabrics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Oct 2022 | Others | ₹2 Cr | Open |
| 08 Mar 2013 | Others | ₹2.15 Cr | Open |
| 29 Mar 2010 | Others | ₹5 Cr | Open |
| 27 Feb 2004 | Others | ₹1 Cr | Open |
| 30 Aug 2022 | Others | ₹1.2 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Mitva Fabrics Private Limited
Employment history and EPFO contributions of people linked to Mitva Fabrics.
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 Mitva Fabrics Private Limited
Mitva Fabrics Private Limited has 13 board changes on record since 1994: 12 appointments and 1 cessation. The latest: Avinash Paryani Gangadhar was appointed as Director on 01 Aug 2021.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mitva Fabrics Private Limited
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 Mitva Fabrics Private Limited
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 Mitva Fabrics Private Limited
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 Mitva Fabrics Private Limited
Mitva Fabrics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM2983P1ZV | Maharashtra | Active | 01 Jul 2017 |
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 Mitva Fabrics Private Limited
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 Mitva Fabrics Private Limited
Mitva Fabrics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 August 1994 (32+ years old) and is registered under CIN U17120MH1994PTC079992.
Mitva Fabrics reported revenue of ₹71.46 Cr for FY 2024 (down 4% YoY).
Mitva Fabrics has 11 current directors:
- Sahil Suresh Paryani - Director
- Niraj Gangadhar Paryani - Director
- Amit Pahilaj Paryani - Director
- Suresh Khubchand Paryani - Director
- Avinash Paryani Gangadhar - Director
- Siddharth Pahilaj Paryani - Director
- Gangadhar Khubchand Paryani - Director
- Varsha Gangadhar Paryani - Director
- Pahilaj Khubchand Paryani - Director
- Nisha Pahilaj Paryani - Director
- Lavina Suresh Paryani - Director
Mitva Fabrics reported a net profit of ₹1.41 Cr (net margin 2%) and EBITDA of ₹3 Cr (EBITDA margin 4.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mitva Fabrics is 21% over three years and 10% over five years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mitva Fabrics is 27AAACM2983P1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mitva Fabrics is U17120MH1994PTC079992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitva Fabrics was incorporated on 01 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mitva Fabrics by revenue are Venus Garments (India) Limited, Naps Global India Limited, Ashoka Hosiery Private Limited, Century Cotton Private Limited, R.M.X Joss Fashions Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Avinash Paryani Gangadhar was appointed as Director on 01 Aug 2021. Siddharth Pahilaj Paryani was appointed as Director on 01 Aug 2021. Niraj Gangadhar Paryani was appointed as Director on 01 Mar 2015. Mitva Fabrics has 13 board changes on record in total.
Mitva Fabrics can be reached through the website mitvafabrics.com. Its registered office is in Mumbai, Maharashtra, India.