MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-09-0004061
Nandi Texfab Limited
Nandi Texfab Limited - agriculture in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹154.79 Cr
▲ 49% YoY
Net profit · FY 2025
₹1.34 Cr
Net margin 0.9%
EBITDA · FY 2025
₹7.15 Cr
EBITDA margin 4.6%
Authorised capital
₹8.2 Cr
Registered with MCA
Paid-up capital
₹7.75 Cr
Issued & subscribed
Open charges
₹23.36 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
61
Provident fund records
About Nandi Texfab Limited
Data last updated:
Nandi Texfab Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 17 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01403MH2010PLC207767. Its GSTIN is 27AAXCS9993C1ZD (Maharashtra).
The company has an authorised share capital of ₹8.2 Cr and a paid-up capital of ₹7.75 Cr. It was formerly known as Shri Laxmi Agro Products Limited. It is led by directors including Ramakant Nandkishor Gindodia and Santosh Agarwal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹154.79 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Cr (net margin 0.9%) and EBITDA of ₹7.15 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company has about 61 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.36 Cr on record. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹8.08 Cr; the latest was in July 2021. Its 9 peer companies in the Agriculture industry (Seeds, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 5 smaller; the largest is Kaytex Fabrics Limited with revenue of ₹155.24 Cr.
Nandi Texfab Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-09-0004061). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U01403MH2010PLC207767
Registration Number 207767
Incorporation Date 17 September 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-09-0004061
Key People
Ramakant Nandkishor Gindodia Director Santosh Agarwal Director Sandip Dwarkadas Agrawal Director Recognitions & Rankings of Nandi Texfab
Contact details
Nandi Texfab Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No. 6 Mezzanine Floor Anna Bhavan Devji Ratanshi Marg Dana Bunder Masjid, East, Mumbai, Maharashtra, India – 400009
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Nandi Texfab Limited, buy the company report.
Comprehensive company report
Nandi Texfab 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 activities of Nandi Texfab are manufacturing, professional, scientific and technical and trade. In detail, this covers textile, leather and other apparel products, other professional, scientific and technical activities and retail trading. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Nandi Texfab Limited, buy the company report.
Financials of Nandi Texfab Limited
FY 2025 filings availableNandi Texfab Limited reported revenue of ₹154.79 Cr (up 49% YoY) for FY 2025.
Revenue · FY 2025
₹154.79 Cr ▲ 49%
Net profit · FY 2025
₹1.34 Cr margin 0.9%
EBITDA · FY 2025
₹7.15 Cr margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 17%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 16%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 49% growth in the latest year. EBITDA rose 52% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹7.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.34 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Nandi Texfab Limited, buy the company report.
Board of directors of Nandi Texfab Limited
Nandi Texfab has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakant Nandkishor Gindodia Also directs: Venkatesh Shares and Stock Brokers Private Limited | Director | 24 Feb 2017 | 9 Years 8 Months | Current |
| Santosh Agarwal Also directs: Shreeji Oil Industries Private Limited, Deesan Natural Products Private Limited, Suprita Texfab Private Limited and 5 more | Director | 19 May 2017 | 9 Years 5 Months | Current |
| Sandip Dwarkadas Agrawal Also directs: Visvesa Texfab Private Limited, Samadhan Textiles Private Limited, Chandrashila Cotex Private Limited and 4 more | Director | 19 May 2017 | 9 Years 5 Months | Current |
| Atul Rajgopal Bhandari Also directs: Madhavan Texfab LLP, Abhinav Knitwear Private Limited, Yogi Cotex Private Limited and 5 more | Director | 24 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Nandi Texfab Limited is compared with the 9 companies closest to it by revenue in the Agriculture industry (Seeds, 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 |
|---|---|---|---|---|---|---|
| Kaytex Fabrics Limited | ₹155.24 Cr (FY 2025) | 23.0% | Amritsar, Punjab, India | |||
| Earth Spintex Private Limited | ₹155.2 Cr (FY 2025) | 65.0% | Rajkot, Gujarat, India | |||
| Ir Exports Private Limited | ₹155.09 Cr (FY 2025) | 26.0% | Manesar, Haryana, India | |||
| Akash Dyeing and Printing Mills Private Limited | ₹154.87 Cr (FY 2025) | -6.0% | Surat, Gujarat, India | |||
| Nandi Texfab Limitedthis company | ₹154.79 Cr (FY 2025) | ₹1.34 Cr | 0.9% | 49.0% | 61 | Mumbai, Maharashtra, India |
| Kanva Fashions Limited | ₹154.73 Cr (FY 2018) | -9.0% | Tumkur, Karnataka, India | |||
| Aaryan Lamifab Private Limited | ₹154.7 Cr (FY 2025) | 9.0% | Delhi, India | |||
| KPM Processing Mill Private Limited | ₹154.45 Cr (FY 2025) | -20.0% | Tirupur, Tamil Nadu, India | |||
| Sumit Creation Private Limited | ₹154.41 Cr (FY 2025) | 40.0% | Surat, Gujarat, India | |||
| The Rajaratna Mills Private Limited | ₹154.36 Cr (FY 2025) | -1.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Nandi Texfab Limited, buy the company report.
Auditor
Nandi Texfab Limited is audited by S V RATHI AND CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S V RATHI AND CO | FY 2021 | 141699W |
Shareholding
The shareholding of Nandi Texfab Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | 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 Nandi Texfab Limited, buy the company report.
Charges & borrowings
Open charges
₹23.36 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2025 | 101099866 | State Bank of India | ₹46 Lakh | Open | |
| 28 Jun 2017 | 100120103 | State Bank of India | ₹22.9 Cr | Open |
To see the full charge records of Nandi Texfab Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Nandi Texfab Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹8.08 Cr; the latest was in July 2021.
Total deals
5
Funding rounds
3
Secondary share transfers
2
Disclosed funding
₹8.08 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Nov 2019 | Funding round | ₹3.92 Cr | Investors: Trilokpati Cotex Private Limited , Sarva Texfab Private Limited , Mahayogi Texfab Private Limited |
| Mar 2018 | Funding round | ₹63 Lakh | Investors: 4 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Santosh Dwarkadas Agrawal Huf, 3 individuals Seller: 4 individuals |
| Jan 2018 | Funding round | ₹3.53 Cr | Investors: Vision Capital Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Nandi Texfab 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 Nandi Texfab Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nandi Texfab Limited has a workforce of 61 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
61
Active EPFO establishments
1
Employee growth
3.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 61 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Nandi Texfab Limited, buy the company report.
GST
Nandi Texfab has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS9993C1ZD | Maharashtra | Active | 13 Jan 2018 |
To see the full GST registrations and return filing status of Nandi Texfab Limited, buy the company report.
Recent activity
Nandi Texfab Limited has 15 board changes on record since 2014: 4 appointments and 11 cessations. The latest: Vinod Prabhudayal Agrawal ceased to be Director on 07 Jul 2021.
AGM
Nandi Texfab Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nandi Texfab Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with State Bank Of India amounted to Rs. 0.46 Cr with Charge ID 101099866 was registered on 24 Mar 2025.
Charges
A charge with State Bank Of India of Rs. 22.90 Cr registered on 28 Jun 2017 with Charge ID 100120103 was modified on 09 Feb 2024.
Ceased
Vinod Prabhudayal Agrawal ceased to be Director.
Ceased
Atul Rajgopal Bhandari ceased to be Additional Director.
Ceased
Ramakant Nandkishor Gindodia ceased to be Additional Director.
Ceased
Sandip Dwarkadas Agrawal ceased to be Additional Director.
Ceased
Santosh Agarwal ceased to be Additional Director.
Ceased
Tapan Mukesh Patel ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 22.90 Cr with Charge ID 100120103 was registered on 28 Jun 2017.
Ceased
Girish Prabhudayal Agrawal ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Nandi Texfab is an active public limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 17 September 2010 (16+ years old) and is registered under CIN U01403MH2010PLC207767.
Nandi Texfab has 4 current directors:
- Ramakant Nandkishor Gindodia - Director
- Santosh Agarwal - Director
- Sandip Dwarkadas Agrawal - Director
- Atul Rajgopal Bhandari - Director
The latest financial statements of Nandi Texfab 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 Nandi Texfab is 27AAXCS9993C1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nandi Texfab is U01403MH2010PLC207767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nandi Texfab was incorporated on 17 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Nandi Texfab has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹8.08 Cr; the latest was in July 2021.
The peers of Nandi Texfab by revenue are Kaytex Fabrics Limited, Earth Spintex Private Limited, Ir Exports Private Limited, Akash Dyeing and Printing Mills Private Limited, Kanva Fashions Limited and 4 more, all in the Agriculture industry (Seeds, Textiles), with the same principal business activity (textile, leather and other apparel products).
Vinod Prabhudayal Agrawal ceased to be Director on 07 Jul 2021. Atul Rajgopal Bhandari ceased to be Additional Director on 29 Sep 2017. Ramakant Nandkishor Gindodia ceased to be Additional Director on 29 Sep 2017. Nandi Texfab has 15 board changes on record in total.
Yes, Nandi Texfab is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-09-0004061).
The registered office of Nandi Texfab is at Office No. 6 Mezzanine Floor Anna Bhavan Devji Ratanshi Marg Dana Bunder Masjid, East, Mumbai, Maharashtra, India – 400009.
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