About Mitva Fabrics Private Limited
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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.
Company details
Contact details
Mitva Fabrics Private Limited's registered office is in Mumbai, Maharashtra. Its website is mitvafabrics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address76/86 Laxmi Bhavan 1 Stfloor Room No 18 Hanuman Lane, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mitva Fabrics 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
Business activity
The main business activity of Mitva Fabrics 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 Mitva Fabrics Private Limited, buy the company report.
Financials of Mitva Fabrics Private Limited
FY 2025 filings availableMitva Fabrics Private Limited reported revenue of ₹71.46 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3 Cr | ||||
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| Net Profit (PAT) | ₹1.41 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Mitva Fabrics Private Limited, buy the company report.
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 11 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
Mitva Fabrics Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| Venus Garments (India) Limited | ₹71.58 Cr (FY 2018) | -62.0% | Ludhiana, Punjab, 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 Limitedthis company | ₹71.46 Cr (FY 2024) | ₹1.41 Cr | 2% | -4.0% | Mumbai, Maharashtra, 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 | |||
| Traditional Gallery Private Limited | ₹71.27 Cr (FY 2025) | 32.0% | Mansarover, Rajasthan, India |
To see the full peer comparison of Mitva Fabrics Private Limited, buy the company report.
Auditor
Mitva Fabrics Private Limited is audited by PRAKASH BAKHDA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH BAKHDA AND ASSOCIATES | FY 2023 | 155752 |
Shareholding
The shareholding of Mitva Fabrics Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mitva Fabrics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2022 | 100623208 | Others | ₹2 Cr | Open | |
| 08 Mar 2013 | 10415852 | Others | ₹2.15 Cr | Open | |
| 29 Mar 2010 | 10213664 | Others | ₹5 Cr | Open | |
| 27 Feb 2004 | 90353197 | Others | ₹1 Cr | Open | |
| 30 Aug 2022 | 100607611 | Others | ₹1.2 Cr | Satisfied |
To see the full charge records of Mitva Fabrics Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Mitva Fabrics Private Limited 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 Mitva Fabrics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mitva Fabrics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM2983P1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mitva Fabrics Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 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
The latest financial statements of Mitva Fabrics 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 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, Ashoka Hosiery Private Limited, Century Cotton Private Limited, R.M.X Joss Fashions Private Limited, Best Textiles Limited. and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
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.
The registered office of Mitva Fabrics is at 7686 Laxmi Bhavan 1 Stfloor Room No 18 Hanuman Lane, Mumbai, Maharashtra, India – 400002.
Mitva Fabrics operates in the manufacturing industry, in the textile and fabric production segment.