MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0058771
Shroff Textiles Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹20.89 Cr
▲ 14% YoY
Net loss · FY 2023
₹2.61 Cr
Net margin -12.5%
EBITDA · FY 2023
-₹2.07 Cr
EBITDA margin -9.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹41.7 Lakh
Issued & subscribed
Open charges
₹4.5 Cr
Satisfied ₹2.06 Cr
Company age
60 yrs
Est. 1966
Employees · EPFO
6
Provident fund records
About Shroff Textiles Limited
Data last updated:
Shroff Textiles Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 19 July 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1966PLC013537. Its GSTIN is 27AAACS6476K1ZV (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹41.7 Lakh. It is led by directors including Aashok Laxminarayan Pande (Managing Director) and Shrenik Dhirajlal Shroff (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 303 B – Wing Kotia Nirman Near Fun Republic Cinema New Link Road Andheri – West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2023, the company reported a revenue of ₹20.89 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹2.61 Cr (net margin -12.5%) and EBITDA of -₹2.07 Cr (EBITDA margin -9.9%). Revenue has declined at a compounded annual rate (CAGR) of 9% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹2.06 Cr on record. Court records list 15 cases involving the company, including 9 filed by the company and 6 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹6.7 Lakh; the latest was in March 2016.
Shroff Textiles Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0058771). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shroffgroup.com.
Company details
CIN U17100MH1966PLC013537
Registration Number 013537
Incorporation Date 19 July 1966
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0058771
CIN history
Shroff Textiles has one previous CIN (Corporate Identification Number): L17100MH1966PLC013537. The current CIN is U17100MH1966PLC013537, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100MH1966PLC013537 | Current |
| L17100MH1966PLC013537 | Previous |
Key People
Aashok Laxminarayan Pande Managing Director Shrenik Dhirajlal Shroff Whole-Time Director Akshay Ashok Pande Director Recognitions & Rankings of Shroff Textiles
Contact details
Shroff Textiles Limited's registered office is in Mumbai, Maharashtra. Its website is shroffgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address303 B – Wing Kotia Nirman Near Fun Republic Cinema New Link Road Andheri – West, Mumbai, Maharashtra, India – 400053
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Shroff Textiles Limited, buy the company report.
Comprehensive company report
Shroff Textiles 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Shroff Textiles is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Shroff Textiles Limited, buy the company report.
Financials of Shroff Textiles Limited
FY 2023 filings availableShroff Textiles Limited reported revenue of ₹20.89 Cr (up 14% YoY) for FY 2023.
Revenue · FY 2023
₹20.89 Cr ▲ 14%
Net loss · FY 2023
₹2.61 Cr margin -12.5%
EBITDA · FY 2023
-₹2.07 Cr margin -9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 21%
5 years · compounded
▼ 25%
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 21% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹2.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.61 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.9% | ||||
| Net Profit Margin | -12.5% | ||||
| 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 Shroff Textiles Limited, buy the company report.
Board of directors of Shroff Textiles Limited
Shroff Textiles has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashok Laxminarayan Pande Also directs: Technical Works and Industrial Link Imited | Managing Director | 18 Aug 1999 | 27 Years 2 Months | Current |
| Shrenik Dhirajlal Shroff Also directs: Technical Works and Industrial Link Imited | Whole-Time Director | 01 Jul 1975 | 51 Years 3 Months | Current |
| Akshay Ashok Pande Also directs: Technical Works and Industrial Link Imited | Director | 27 Mar 2008 | 18 Years 7 Months | Current |
Shareholding
The shareholding of Shroff Textiles Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shroff Textiles Limited, buy the company report.
Charges & borrowings
Open charges
₹4.5 Cr
Satisfied charges
₹2.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2018 | 100213638 | Others | ₹4.5 Cr | Open | |
| 19 Sep 2017 | 100124585 | Others | ₹63 Lakh | Satisfied | |
| 27 Mar 2005 | 90241389 | Trinity Securitles Pvt. Ltd. | ₹7.5 Lakh | Satisfied | |
| 05 May 1992 | 90185648 | Bank of Baroda | ₹95.77 Lakh | Satisfied | |
| 05 May 1992 | 90185815 | Bank of Baroda | ₹40 Lakh | Satisfied |
To see the full charge records of Shroff Textiles Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Shroff Textiles Limited has 1 deal on record (1 funding round), with disclosed funding of ₹6.7 Lakh; the latest was in March 2016.
Total deals
1
Funding round
1
Disclosed funding
₹6.7 Lakh
To see the full deal history of Shroff Textiles Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shroff Textiles Limited has 15 court cases on record: 9 filed by Shroff Textiles, 6 filed against it. 2 cases are pending and 13 are disposed.
Total cases
15
Filed by the company
9
Filed against the company
6
Pending
2
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 2 |
| High courts | 6 | 1 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by M/S Jindal Fibres Pvt Ltd | Pending |
| District court, Valsad, Gujarat | Commercial matter | Filed against the company by Atul Limited Through Its Outhorised Dharmesh Thakkar | Disposed |
| Bombay High Court | Court case (APPLN) | Filed by the company against M/S. Meera Industries and Anr | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref IDA) | Filed by the company against an individual | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against an individual | Disposed |
To see the full case history of Shroff Textiles 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 Shroff Textiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shroff Textiles Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
GST
Shroff Textiles has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS6476K1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shroff Textiles Limited, buy the company report.
Recent activity
Shroff Textiles Limited has 5 board changes on record since 1975: 3 appointments and 2 cessations. The latest: Aashok Laxminarayan Pande ceased to be Director on 09 May 2012.
AGM
Shroff Textiles Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Shroff Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100213638 was registered on 11 Oct 2018.
Charges
A charge registered on 19 Sep 2017 via Charge ID 100124585 with Others was fully satisfied on 05 Oct 2018.
Charges
A charge registered on 27 Mar 2005 via Charge ID 90241389 with Trinity Securitles Pvt. Ltd. was fully satisfied on 01 Feb 2018.
Charges
A charge with Others amounted to Rs. 0.63 Cr with Charge ID 100124585 was registered on 19 Sep 2017.
Ceased
Aashok Laxminarayan Pande ceased to be Director.
Ceased
Shrenik Dhirajlal Shroff ceased to be Managing Director.
Appointed
Akshay Ashok Pande was appointed as Director.
Charges
A charge registered on 05 May 1992 via Charge ID 90185648 with Bank Of Baroda was fully satisfied on 17 Sep 2005.
Charges
A charge registered on 05 May 1992 via Charge ID 90185815 with Bank Of Baroda was fully satisfied on 17 Sep 2005.
Charges
A charge with Trinity Securitles Pvt. Ltd. amounted to Rs. 0.08 Cr with Charge ID 90241389 was registered on 27 Mar 2005.
7 earlier events are in the company report.
Frequently asked questions
Shroff Textiles is an active public limited company based in Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 19 July 1966 (60+ years old) and is registered under CIN U17100MH1966PLC013537.
Shroff Textiles has 3 current directors:
- Aashok Laxminarayan Pande - Managing Director
- Shrenik Dhirajlal Shroff - Whole-Time Director
- Akshay Ashok Pande - Director
The latest financial statements of Shroff Textiles on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Shroff Textiles is 27AAACS6476K1ZV, 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 Shroff Textiles is U17100MH1966PLC013537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shroff Textiles has 15 court cases on record: 9 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Shroff Textiles was incorporated on 19 July 1966, making it 60+ years old. It is registered with the Registrar of Companies, Mumbai.
Shroff Textiles has 1 deal on record (1 funding round), with disclosed funding of ₹6.7 Lakh; the latest was in March 2016.
Aashok Laxminarayan Pande ceased to be Director on 09 May 2012. Shrenik Dhirajlal Shroff ceased to be Managing Director on 09 May 2012. Akshay Ashok Pande was appointed as Director on 27 Mar 2008. Shroff Textiles has 5 board changes on record in total.
Yes, Shroff Textiles is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0058771).