About Modella Textile Industries Limited
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Modella Textile Industries Limited is a public limited company based in Thane, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 March 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH1971PLC015082. Its GSTIN is 27AAGCM9635A2ZG (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Modella Textile Industries Private Limited. It is led by directors including Ajay Pratap Ashar and Umesh Chhabildas Mehta.
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 11th Floor Ashar IT Park, Road No – 16Z Wagale Industrial Estate Near Agriculture Bus Stop Thane 400604., Maharashtra, India – 400604.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.37 Lakh. For the same year it recorded a net loss of ₹8.47 Cr and EBITDA of -₹3.6 Cr. Revenue has grown at a compounded annual rate (CAGR) of 137% over three years.
As per MCA filings, the company has open charges of ₹275.5 Cr and satisfied charges of ₹837.85 Cr on record. Court records list 49 cases involving the company, including 24 filed by the company and 23 filed against it; 12 cases are pending. The company has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in March 2013. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Mission Metlite Private Limited with revenue of ₹37.41 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website modellatextile.com.
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- Registered Address11th Floor Ashar IT Park, Road No – 16Z Wagale Industrial Estate Near Agriculture Bus Stop Thane 400604., Maharashtra, India – 400604
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Financials of Modella Textile Industries Limited FY 2025 filings available
Modella Textile Industries Limited reported revenue of ₹37.37 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR) of Modella Textile Industries Limited
Revenue has grown at a compounded annual rate (CAGR) of 137% over three years. EBITDA fell 109% 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 Modella Textile Industries 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 | -₹3.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.47 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 Modella Textile Industries Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Modella Textile Industries 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.
Peer Comparison of Modella Textile Industries Limited
Modella Textile Industries Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mission Metlite Private Limited | ₹37.41 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | New Delhi, Delhi, India |
| Emerge Realestate Private Limited | ₹37.41 Lakh (FY 2025) | •••• | •••• | 163.0% | •••• | Kolkata, West Bengal, India |
| Hiranandani Developers Private Limited | ₹37.41 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Shri Khattu Constructions Private Limited | ₹37.4 Lakh (FY 2024) | •••• | •••• | 1230.0% | •••• | Delhi, India |
| Karunamoyee Construction Private Limited | ₹37.39 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Kolkata, West Bengal, India |
| Modella Textile Industries Limited this company | ₹37.37 Lakh (FY 2024) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Makindian Township Private Limited | ₹37.37 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Thousand Moons Infra Private Limited | ₹37.35 Lakh (FY 2023) | •••• | •••• | 102.0% | •••• | Serlingampally, Telangana, India |
| Fornax Buildwell Private Limited | ₹37.35 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Ideal Nirman Private Limited | ₹37.35 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
| MSB Capital Advisors Private Limited | ₹37.34 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Modella Textile Industries by revenue in the Real Estate industry (Builders and Developers), 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 Modella Textile Industries Limited
Modella Textile Industries Limited is audited by SWAMY & CHHABRA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SWAMY & CHHABRA | 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.
Board of Directors of Modella Textile Industries Limited
Modella Textile Industries has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Pratap Ashar Also directs: Shelter Realty Private Limited, Kryshnajay Developers Private Limited, Ashar Yashayu Developers Private Limited and 1 more | Director | 06 Oct 2023 | 3 Years 0 Months | Current |
| Umesh Chhabildas Mehta Also directs: Kryshnajay Developers Private Limited, Ashar Yashayu Developers Private Limited, Ashar Realty Private Limited and 3 more | Director | 06 Oct 2023 | 3 Years 0 Months | Current |
| Leena Manish Desai | Director | 06 Oct 2023 | 3 Years 0 Months | Current |
Ownership and Shareholding of Modella Textile Industries 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 Modella Textile Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2023 | Others | ₹275.5 Cr | Open |
| 17 Nov 2017 | Others | ₹140 Cr | Satisfied |
| 17 Nov 2017 | Others | ₹310 Cr | Satisfied |
| 29 Sep 2016 | Others | ₹50 Cr | Satisfied |
| 22 Mar 2016 | Idbi Trusteeship Services Limited | ₹176 Cr | Satisfied |
Total charge records: 11 View all charges
Deals & Funding of Modella Textile Industries Limited
Modella Textile Industries Limited has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in March 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Funding round | ₹4 Cr | Investors: Videocon Realty And Infrastructures Limited Cn, Nirmal Lifestyle Limited |
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: Nirmal Lifestyle Limited , Videocon Realty And Infrastructures Limited Cn Seller: 4 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Modella Textile Industries Limited
Modella Textile Industries Limited has 49 court cases on record: 24 filed by Modella Textile Industries, 23 filed against it, 2 where it is another party. 12 cases are pending and 37 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 15 | 10 |
| High courts | 7 | 6 | 1 |
| NCLAT | 5 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Godrej Properties Limited | Pending |
| Bombay High Court | Company petition | Filed against the company by Khushi Peb Infrastructure Limited | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Khushi Peb Infrastructure Limited | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Company is another party | Pending |
Full case history
All 49 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Modella Textile Industries Limited
Employment history and EPFO contributions of people linked to Modella Textile Industries.
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.
CIN History of Modella Textile Industries Limited
Modella Textile Industries has one previous CIN (Corporate Identification Number): U45201MH1971PTC015082. The current CIN is U45201MH1971PLC015082, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201MH1971PLC015082 | Current |
| U45201MH1971PTC015082 | Previous |
Recent Activity on Modella Textile Industries Limited
Modella Textile Industries Limited has 25 board changes on record since 2004: 14 appointments and 11 cessations. The latest: Bhrugesh Rameshchandra Amin ceased to be Irp/Rp/Liquidator on 31 Oct 2023.
39 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Modella Textile Industries 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 Modella Textile Industries 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 Modella Textile Industries 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 Modella Textile Industries Limited
Modella Textile Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM9635A2ZG | Maharashtra | Active | 04 May 2022 |
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 Modella Textile Industries 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 Modella Textile Industries Limited
Modella Textile Industries is an active public limited company based in Thane, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 March 1971 (55+ years old) and is registered under CIN U45201MH1971PLC015082.
Modella Textile Industries reported revenue of ₹37.37 Lakh for FY 2024.
Modella Textile Industries has 3 current directors:
- Ajay Pratap Ashar - Director
- Umesh Chhabildas Mehta - Director
- Leena Manish Desai - Director
Modella Textile Industries reported a net loss of ₹8.47 Cr and EBITDA of -₹3.6 Cr for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Modella Textile Industries is 137% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Modella Textile Industries is 27AAGCM9635A2ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Modella Textile Industries is U45201MH1971PLC015082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modella Textile Industries has 49 court cases on record: 24 filed by the company and 23 filed against it. 12 are pending. Most are in the district courts.
Modella Textile Industries was incorporated on 30 March 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.
Modella Textile Industries has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in March 2013.
The peers of Modella Textile Industries by revenue are Mission Metlite Private Limited, Emerge Realestate Private Limited, Hiranandani Developers Private Limited, Shri Khattu Constructions Private Limited, Karunamoyee Construction Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).