MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0026155
Excel Apparels Exports Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.76 Cr
▼ 17% YoY
Net profit · FY 2024
₹10.91 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹2.52 Cr
EBITDA margin 28.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹17.9 Lakh
Issued & subscribed
Open charges
₹32.64 Cr
Satisfied ₹15.82 Cr
Company age
48 yrs
Est. 1978
Employees · EPFO
37
Provident fund records
About Excel Apparels Exports Private Limited
Data last updated:
Excel Apparels Exports 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 29 September 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1978PTC020666. Its GSTIN is 27AAACE0314Q2ZN (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹17.9 Lakh. It was formerly known as Excel Apparels Exports Limited. It is led by directors Mohan Shanker Nathani (Whole-Time Director) and Deepak Mohan Nathani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 111/113 Dr Narman Roadnear Bengal Chemcals, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.76 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹10.91 Lakh (net margin 1.2%) and EBITDA of ₹2.52 Cr (EBITDA margin 28.8%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 2% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32.64 Cr and satisfied charges of ₹15.82 Cr on record. Court records list 18 cases involving the company, including 13 filed by the company and 5 filed against it; 1 case is pending.
Excel Apparels Exports Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0026155). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website excelapparels.com.
Company details
CIN U18101MH1978PTC020666
Registration Number 020666
Incorporation Date 29 September 1978
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0026155
Recognitions & Rankings of Excel Apparels Exports
Contact details
Excel Apparels Exports Private Limited's registered office is in Mumbai, Maharashtra. Its website is excelapparels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address111/113 Dr Narman Roadnear Bengal Chemcals, Mumbai, Maharashtra, India – 400025
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Excel Apparels Exports Private Limited, buy the company report.
Comprehensive company report
Excel Apparels Exports Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Excel Apparels Exports 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 Excel Apparels Exports Private Limited, buy the company report.
Financials of Excel Apparels Exports Private Limited
FY 2024 filings availableExcel Apparels Exports Private Limited reported revenue of ₹8.76 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹8.76 Cr ▼ 17%
Net profit · FY 2024
₹10.91 Lakh margin 1.2%
EBITDA · FY 2024
₹2.52 Cr margin 28.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 30%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 34%
5 years · compounded
▲ 14%
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 23% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.91 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.8% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Excel Apparels Exports Private Limited, buy the company report.
Board of directors of Excel Apparels Exports Private Limited
Excel Apparels Exports has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Shanker Nathani Also directs: Excel Garments Manufacturing Private Limited | Whole-Time Director | 29 Sep 1978 | 48 Years 1 Months | Current |
| Deepak Mohan Nathani Also directs: Excel Garments Manufacturing Private Limited | Whole-Time Director | 01 Sep 1989 | 37 Years 1 Months | Current |
Peer comparison
Excel Apparels Exports Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Sakambari Cordage Co Private Limited | ₹8.76 Cr (FY 2025) | 148.0% | Malipanchghora Ps, West Bengal, India | |||
| Kabir Trendz Private Limited | ₹8.76 Cr (FY 2025) | 32.0% | Surat, Gujarat, India | |||
| Sampat Ribbons Private Limited | ₹8.76 Cr (FY 2025) | 11.0% | Surat, Gujarat, India | |||
| Comos Fashions Private Limited | ₹8.76 Cr (FY 2024) | -24.0% | Mumbai, Maharashtra, India | |||
| J J Fabrics Private Limited | ₹8.76 Cr (FY 2017) | -11.0% | Mumbai, Maharashtra, India | |||
| Excel Apparels Exports Private Limitedthis company | ₹8.76 Cr (FY 2024) | ₹10.91 Lakh | 1.2% | -17.0% | 37 | Mumbai, Maharashtra, India |
| S B Fab Pvt. Ltd | ₹8.75 Cr (FY 2025) | 91.0% | Bhilwara, Rajasthan, India | |||
| Kanungo Textiles Private Limited | ₹8.74 Cr (FY 2024) | 20.0% | Thane, Maharashtra, India | |||
| Santosh Woollens Pvt Ltd | ₹8.73 Cr (FY 2024) | -1.0% | Haryana, India |
To see the full peer comparison of Excel Apparels Exports Private Limited, buy the company report.
Auditor
Excel Apparels Exports Private Limited is audited by NEETIN MANGALDAS SHAH for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NEETIN MANGALDAS SHAH | FY 2022 | 041033 |
Shareholding
The shareholding of Excel Apparels Exports Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Excel Apparels Exports Private Limited, buy the company report.
Charges & borrowings
Open charges
₹32.64 Cr
Satisfied charges
₹15.82 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2023 | 100741336 | Yes Bank Limited | ₹14.59 Cr | Open | |
| 12 Dec 2022 | 100654365 | Yes Bank Limited | ₹10 Cr | Open | |
| 29 Dec 2020 | 100412489 | Others | ₹50 Lakh | Open | |
| 31 Aug 2019 | 100290671 | Yes Bank Limited | ₹7 Cr | Open | |
| 25 Mar 1989 | 90185445 | Dena Bank | ₹25 Lakh | Open |
To see the full charge records of Excel Apparels Exports Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Excel Apparels Exports Private Limited has 18 court cases on record: 13 filed by Excel Apparels Exports, 5 filed against it. 1 case is pending and 17 are disposed.
Total cases
18
Filed by the company
13
Filed against the company
5
Pending
1
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 1 | 0 |
| District courts | 8 | 4 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Cargo Partner Logistics India Pvt Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Canara Bank | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Canara Bank | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Court case (IAAP) | Filed against the company by Ostin Limited | Disposed |
To see the full case history of Excel Apparels Exports 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
No delayed payments to MSME suppliers are on our record for Excel Apparels Exports Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Excel Apparels Exports Private Limited has a workforce of 37 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
Employee count
37
Active EPFO establishments
2
Employee growth
-7.5%
GST
Excel Apparels Exports has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE0314Q2ZN | Maharashtra | Active | 28 Sep 2020 |
| 24AAACE0314Q1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Excel Apparels Exports Private Limited, buy the company report.
Recent activity
Excel Apparels Exports Private Limited has 4 board changes on record since 1978: 3 appointments and 1 cessation. The latest: Shyam Shanker Nathani ceased to be Whole-Time Director on 09 Jul 2024.
AGM
Excel Apparels Exports Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Shyam Shanker Nathani ceased to be Whole-Time Director.
Filing
Excel Apparels Exports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Yes Bank Limited amounted to Rs. 1,459.00 Lakh with Charge ID 100741336 was registered on 31 Mar 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 1,000.00 Lakh with Charge ID 100654365 was registered on 12 Dec 2022.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100412489 was registered on 29 Dec 2020.
Charges
A charge registered on 30 Dec 2017 via Charge ID 100146238 with Others was fully satisfied on 02 Sep 2020.
Charges
A charge registered on 27 Nov 2013 via Charge ID 10466727 with Canara Bank was fully satisfied on 17 Sep 2019.
Charges
A charge registered on 25 Nov 2011 via Charge ID 10453309 with Canara Bank was fully satisfied on 17 Sep 2019.
Charges
A charge registered on 18 Jan 2006 via Charge ID 80033210 with Canara Bank was fully satisfied on 17 Sep 2019.
Charges
A charge with Yes Bank Limited amounted to Rs. 700.00 Lakh with Charge ID 100290671 was registered on 31 Aug 2019.
Charges
A charge with Others amounted to Rs. 202.00 Lakh with Charge ID 100146238 was registered on 30 Dec 2017.
13 earlier events are in the company report.
Frequently asked questions
Excel Apparels Exports 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 29 September 1978 (48+ years old) and is registered under CIN U18101MH1978PTC020666.
Excel Apparels Exports has 2 current directors:
- Mohan Shanker Nathani - Whole-Time Director
- Deepak Mohan Nathani - Whole-Time Director
The latest financial statements of Excel Apparels Exports on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Excel Apparels Exports is 27AAACE0314Q2ZN, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACE0314Q1ZU (Gujarat).
The CIN (Corporate Identification Number) of Excel Apparels Exports is U18101MH1978PTC020666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Apparels Exports has 18 court cases on record: 13 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Excel Apparels Exports was incorporated on 29 September 1978, making it 48+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Excel Apparels Exports by revenue are Sakambari Cordage Co Private Limited, Kabir Trendz Private Limited, Sampat Ribbons Private Limited, Comos Fashions Private Limited, J J Fabrics Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Shyam Shanker Nathani ceased to be Whole-Time Director on 09 Jul 2024. Deepak Mohan Nathani was appointed as Whole-Time Director on 01 Sep 1989. Mohan Shanker Nathani was appointed as Whole-Time Director on 29 Sep 1978. Excel Apparels Exports has 4 board changes on record in total.
Yes, Excel Apparels Exports is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0026155).
Excel Apparels Exports can be reached through the website excelapparels.com. Its registered office is in Mumbai, Maharashtra, India.
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