Paradise Silk Mills Pvt Ltd

Paradise Silk Mills Pvt Ltd - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U18101MH1987PTC045051 Incorporated 20 October 1987 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹66.69 Lakh
▲ 1039% YoY
Net profit · FY 2024
₹30.04 Lakh
Net margin 45%
EBITDA · FY 2024
₹38.6 Lakh
EBITDA margin 57.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹5.53 Lakh
Issued & subscribed
Satisfied charges
₹4.52 Cr
No open charges
Company age
39 yrs
Est. 1987
Directors on board
2
As per MCA filings

About Paradise Silk Mills Pvt Ltd

Data last updated:

Paradise Silk Mills Pvt Ltd 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 20 October 1987 and has been in existence for over 39 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1987PTC045051. Its GSTIN is 27AAACP2011K1ZR (Maharashtra).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5.53 Lakh. It is led by directors Girdharilal Baksharam Godhwani and Harish Baksharam Godhwani.

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 16 Kakkad Market 306 Kalbadevi Road, Mumbai, Maharashtra, India – 400002.

As per the financials filed for FY 2024, the company reported a revenue of ₹66.69 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹30.04 Lakh (net margin 45%) and EBITDA of ₹38.6 Lakh (EBITDA margin 57.9%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 13% over five years.

As per MCA filings, the company has satisfied charges of ₹4.52 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U18101MH1987PTC045051
Registration Number 045051
Incorporation Date 20 October 1987
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Paradise Silk Mills Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    16 Kakkad Market 306 Kalbadevi Road, Mumbai, Maharashtra, India – 400002
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Paradise Silk Mills Pvt Ltd, buy the company report.

Comprehensive company report
Paradise Silk Mills Pvt Ltd - 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 Paradise Silk Mills is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Paradise Silk Mills Pvt Ltd, buy the company report.

Financials of Paradise Silk Mills Pvt Ltd

FY 2025 filings available

Paradise Silk Mills Pvt Ltd reported revenue of ₹66.69 Lakh (up 1039% YoY) for FY 2024.

Revenue · FY 2024
₹66.69 Lakh ▲ 1039%
Net profit · FY 2024
₹30.04 Lakh margin 45%
EBITDA · FY 2024
₹38.6 Lakh margin 57.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 68%
5 years · compounded
▲ 13%
EBITDA CAGR growth
3 years · compounded
▲ 155%
5 years · compounded
▲ 19%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years. 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹38.6 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹30.04 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin57.9%
Net Profit Margin45%
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 Paradise Silk Mills Pvt Ltd, buy the company report.

Board of directors of Paradise Silk Mills Pvt Ltd

Paradise Silk Mills has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Girdharilal Baksharam GodhwaniDirector20 Oct 198739 Years 0 MonthsCurrent
Harish Baksharam GodhwaniDirector20 Oct 198739 Years 0 MonthsCurrent

Peer comparison

Paradise Silk Mills Pvt Ltd is compared with the 4 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Basic Outfitters Private Limited₹66.94 Lakh (FY 2024)146.0%Hapur, Uttar Pradesh, India
Ultra Knit Finishers India Private Limited₹66.94 Lakh (FY 2024)-32.0%Coimbatore, Tamil Nadu, India
Saket Texfab Private Limited₹66.92 Lakh (FY 2025)-3.0%Shirpur, Maharashtra, India
Paradise Silk Mills Pvt Ltdthis company₹66.69 Lakh (FY 2024)₹30.04 Lakh45%1039.0%Mumbai, Maharashtra, India
Jai Prabha Impex Private Limited₹66.15 Lakh (FY 2025)9.0%Surat, Gujarat, India

To see the full peer comparison of Paradise Silk Mills Pvt Ltd, buy the company report.

Auditor

Paradise Silk Mills Pvt Ltd is audited by MAJITHIA & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
MAJITHIA & ASSOCIATESFY 2019105871W

Shareholding

The shareholding of Paradise Silk Mills Pvt Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Paradise Silk Mills Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹4.52 Cr
Breakdown by lending institutions
The Shamrao Vithal Co.-Op. Bank₹2.47 Cr
The Shamrao Vithal Co-Op. Bank Limited₹1.20 Cr
Oriental Bank of Commerce₹0.75 Cr
Allahabad Bank₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Apr 201010214322The Shamrao Vithal Co-Op. Bank Limited₹60 LakhSatisfied
29 Jun 200190220409Oriental Bank of Commerce₹75 LakhSatisfied
30 Sep 200090220382The Shamrao Vithal Co-Op. Bank Limited₹60 LakhSatisfied
15 Dec 199890220327The Shamrao Vithal Co.-Op. Bank₹2.37 CrSatisfied
10 Oct 199490222398The Shamrao Vithal Co.-Op. Bank₹10 LakhSatisfied

To see the full charge records of Paradise Silk Mills Pvt Ltd, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Paradise Silk Mills Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Paradise Silk Mills has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACP2011K1ZRMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Paradise Silk Mills Pvt Ltd, buy the company report.

Recent activity

Paradise Silk Mills Pvt Ltd has 2 board changes on record since 1987: 2 appointments. The latest: Girdharilal Baksharam Godhwani was appointed as Director on 20 Oct 1987.

AGM
Paradise Silk Mills Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Paradise Silk Mills Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 13 Apr 2010 via Charge ID 10214322 with The Shamrao Vithal Co-Op. Bank Limited was fully satisfied on 05 Dec 2019.
Charges
A charge registered on 30 Sep 2000 via Charge ID 90220382 with The Shamrao Vithal Co-Op. Bank Limited was fully satisfied on 05 Dec 2019.
Charges
A charge registered on 15 Dec 1998 via Charge ID 90220327 with The Shamrao Vithal Co.-Op. Bank was fully satisfied on 05 Dec 2019.
Charges
A charge registered on 10 Oct 1994 via Charge ID 90222398 with The Shamrao Vithal Co.-Op. Bank was fully satisfied on 05 Dec 2019.
Charges
A charge registered on 25 Apr 1991 via Charge ID 90221903 with Allahabad Bank was fully satisfied on 18 May 2018.
Charges
A charge registered on 29 Jun 2001 via Charge ID 90220409 with Oriental Bank Of Commerce was fully satisfied on 23 Dec 2015.
Charges
A charge with The Shamrao Vithal Co-Op. Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 10214322 was registered on 13 Apr 2010.
Charges
A charge with The Shamrao Vithal Co-Op. Bank Limited of Rs. 60.00 Lakh registered on 30 Sep 2000 with Charge ID 90220382 was modified on 13 Apr 2010.
Charges
A charge with The Shamrao Vithal Co.-Op. Bank of Rs. 10.00 Lakh registered on 10 Oct 1994 with Charge ID 90222398 was modified on 10 Nov 2004.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 75.00 Lakh with Charge ID 90220409 was registered on 29 Jun 2001.

7 earlier events are in the company report.

Frequently asked questions

Paradise Silk Mills 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 20 October 1987 (39+ years old) and is registered under CIN U18101MH1987PTC045051.

Paradise Silk Mills has 2 current directors:

The latest financial statements of Paradise Silk Mills 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 Paradise Silk Mills is 27AAACP2011K1ZR, registered in Maharashtra.

The CIN (Corporate Identification Number) of Paradise Silk Mills is U18101MH1987PTC045051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Paradise Silk Mills has 3 court cases on record: 3 filed by the company.

Paradise Silk Mills was incorporated on 20 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Paradise Silk Mills by revenue are Basic Outfitters Private Limited, Ultra Knit Finishers India Private Limited, Saket Texfab Private Limited, Jai Prabha Impex Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Girdharilal Baksharam Godhwani was appointed as Director on 20 Oct 1987. Harish Baksharam Godhwani was appointed as Director on 20 Oct 1987.

The registered office of Paradise Silk Mills is at 16 Kakkad Market 306 Kalbadevi Road, Mumbai, Maharashtra, India – 400002.

Paradise Silk Mills operates in the manufacturing industry, in the textile and fabric production segment.