Naresh Fibres Limited
About Naresh Fibres Limited
Data last updated:
Naresh Fibres Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 25 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1994PLC083272. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.85 Lakh. It is led by directors including Shubha Mahesh Budia and Naresh Kanhaiyalal Budia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat 701 Panchsheel Gokuldham Film City Road Goregaon (East) Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.97 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹70,547 (net margin -14.2%) and EBITDA of ₹4.97 Lakh (EBITDA margin 100%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
As per MCA filings, the company has satisfied charges of ₹33 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Naresh Fibres has one previous CIN (Corporate Identification Number): L17120MH1994PLC083272. The current CIN is U17120MH1994PLC083272, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120MH1994PLC083272 | Current |
| L17120MH1994PLC083272 | Previous |
Contact details
Naresh Fibres Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat 701 Panchsheel Gokuldham Film City Road Goregaon (East) Mumbai, Maharashtra, India – 400063
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Naresh Fibres Limited, buy the company report.
- 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
Business activity
The main business activity of Naresh Fibres is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Naresh Fibres Limited, buy the company report.
Financials of Naresh Fibres Limited
FY 2024 filings availableNaresh Fibres Limited reported revenue of ₹4.97 Lakh (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 2% 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 |
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| EBITDA | ₹4.97 Lakh | ||||
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| Net Profit (PAT) | -₹70,547 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | -14.2% | ||||
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To see the full financial statements and ratios of Naresh Fibres Limited, buy the company report.
Board of directors of Naresh Fibres Limited
Naresh Fibres has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubha Mahesh Budia | Director | 25 Nov 1994 | 31 Years 11 Months | Current |
| Naresh Kanhaiyalal Budia Also directs: Vimspin Yarns Private Limited, Punarbhu Renewable Energy LLP | Director | 25 Nov 1994 | 31 Years 11 Months | Current |
| Mahesh Kanhaiyalal Budia Also directs: Vimspin Yarns Private Limited | Director | 16 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Naresh Fibres Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swaraj Overseas Limited | ₹5 Lakh (FY 2024) | -92.0% | New Delhi, Delhi, India | |||
| Naresh Fibres Limitedthis company | ₹4.97 Lakh (FY 2024) | -₹70,547 | -14.2% | -2.0% | Mumbai, Maharashtra, India | |
| Bhoomi Weave Tex Private Limited | ₹4.95 Lakh (FY 2025) | 403.0% | Surat, Gujarat, India | |||
| Smart Beauty & Health Care Private Limited | ₹4.93 Lakh (FY 2024) | -89.0% | New Delhi, Delhi, India |
To see the full peer comparison of Naresh Fibres Limited, buy the company report.
Auditor
Naresh Fibres Limited is audited by SANJAY N GOENKA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY N GOENKA & CO. | FY 2022 | 044958 |
Shareholding
The shareholding of Naresh Fibres 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Naresh Fibres Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 1998 | 90156853 | Oriental Bank of Commerce | ₹6 Lakh | Satisfied | |
| 22 Jan 1997 | 90155036 | Maharashtra State Financial Corporation | ₹27 Lakh | Satisfied |
To see the full charge records of Naresh Fibres Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Naresh Fibres 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 Naresh Fibres Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Naresh Fibres has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Naresh Fibres Limited, buy the company report.
Recent activity
Naresh Fibres Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Kanhaiyalal Bansidhar Budia ceased to be Director on 26 Dec 2013.
Frequently asked questions
Naresh Fibres is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 25 November 1994 (32+ years old) and is registered under CIN U17120MH1994PLC083272.
Naresh Fibres has 3 current directors:
- Shubha Mahesh Budia - Director
- Naresh Kanhaiyalal Budia - Director
- Mahesh Kanhaiyalal Budia - Director
The latest financial statements of Naresh Fibres on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Naresh Fibres has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Naresh Fibres is U17120MH1994PLC083272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Naresh Fibres was incorporated on 25 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Naresh Fibres by revenue are Swaraj Overseas Limited, Bhoomi Weave Tex Private Limited, Smart Beauty & Health Care Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Kanhaiyalal Bansidhar Budia ceased to be Director on 26 Dec 2013. Mahesh Kanhaiyalal Budia was appointed as Director on 16 Dec 2013. Naresh Kanhaiyalal Budia was appointed as Director on 25 Nov 1994. Naresh Fibres has 4 board changes on record in total.
The registered office of Naresh Fibres is at Flat 701 Panchsheel Gokuldham Film City Road Goregaon East Mumbai, Maharashtra, India – 400063.
Naresh Fibres operates in the home and lifestyle industry, in the textile retail and distribution segment.
Naresh Fibres has no open charges and satisfied charges of ₹33 Lakh as per latest MCA filings.
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