About Navnitlal Private Limited
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Navnitlal Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Navneetlal Holdings (India ) Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1994PTC080906. Its GSTIN is 27AAACN1829P1Z3 (Maharashtra).
The company has an authorised share capital of ₹21.2 Cr and a paid-up capital of ₹20.53 Cr. It is led by directors including Mihir Lalit Desai (Whole-Time Director) and Lalit Pranlal Desai.
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 Plot No. 521/C Ganga Niwas Ground Floor Adenwala Road Matunga(E), Mumbai, Maharashtra, India – 400019.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.99 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.36 Cr (net margin 42.1%) and EBITDA of ₹5.22 Cr (EBITDA margin 65.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 20% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Navnitlal Private Limited. As per MCA filings, the company has satisfied charges of ₹90.46 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website navnitlal.com.
Company details
Contact details
Navnitlal Private Limited's registered office is in Mumbai, Maharashtra. Its website is navnitlal.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 521/C Ganga Niwas Ground Floor Adenwala Road Matunga(E), Mumbai, Maharashtra, India – 400019
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Navnitlal Private 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
Brands
Navnitlal operates one associated brand: Navnitlal Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology and products services in Navi Mumbai. | navnitlal.com |
Business activity
The main business activities of Navnitlal are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Navnitlal Private Limited, buy the company report.
Financials of Navnitlal Private Limited
FY 2025 filings availableNavnitlal Private Limited reported revenue of ₹7.99 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 5% growth in the latest year. EBITDA rose 3% 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 |
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| EBITDA | ₹5.22 Cr | ||||
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| Net Profit (PAT) | ₹3.36 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 65.3% | ||||
| Net Profit Margin | 42.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Navnitlal Private Limited, buy the company report.
Board of directors of Navnitlal Private Limited
Navnitlal has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Pranlal Desai | Director | 07 Sep 1994 | 32 Years 2 Months | Current |
| Mihir Lalit Desai | Whole-Time Director | 15 Oct 2003 | 23 Years 0 Months | Current |
| Rishit Lalit Desai | Director | 24 Apr 2004 | 22 Years 6 Months | Current |
Auditor
Navnitlal Private Limited is audited by D S GALA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S GALA & CO | FY 2019 | 114882W |
Shareholding
The shareholding of Navnitlal Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Navnitlal Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2013 | 10445979 | Pnb Housing Finance Limited | ₹5.75 Cr | Satisfied | |
| 05 Jan 2007 | 10036739 | Bank of India | ₹3 Cr | Satisfied | |
| 16 Feb 2006 | 80035408 | Axis Bank Limited | ₹2.25 Cr | Satisfied | |
| 13 Aug 2005 | 80065124 | Corporation Bank | ₹13.5 Cr | Satisfied | |
| 26 May 2004 | 90166830 | Bank of India | ₹13.4 Cr | Satisfied |
To see the full charge records of Navnitlal Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Navnitlal Private Limited has 8 court cases on record: 5 filed by Navnitlal, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref_ULP_ I_L) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revision Application ULP) | Filed against the company by an individual | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Central Excise | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| Bombay High Court | Tax appeal | Filed by the company against Income Tax Officer Range 3 (2) (3) | Disposed |
To see the full case history of Navnitlal 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 Navnitlal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Navnitlal Private Limited has a workforce of 3 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Navnitlal has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN1829P1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Navnitlal Private Limited, buy the company report.
Recent activity
Navnitlal Private Limited has 6 board changes on record since 1994: 3 appointments and 3 cessations. The latest: Arunkumar Dhirajlal Desai ceased to be Director on 18 Jan 2016.
26 earlier events are in the company report.
Frequently asked questions
Navnitlal 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 07 September 1994 (32+ years old) and is registered under CIN U17120MH1994PTC080906.
Navnitlal has 3 current directors:
- Mihir Lalit Desai - Whole-Time Director
- Lalit Pranlal Desai - Director
- Rishit Lalit Desai - Director
The latest financial statements of Navnitlal 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 Navnitlal is 27AAACN1829P1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Navnitlal is U17120MH1994PTC080906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navnitlal has 8 court cases on record: 5 filed by the company and 3 filed against it. Most are in the high courts.
Navnitlal was incorporated on 07 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Arunkumar Dhirajlal Desai ceased to be Director on 18 Jan 2016. Shiro Hayashi ceased to be Director on 20 Aug 2008. Tadayuki Okui ceased to be Alternate Director on 20 Aug 2008. Navnitlal has 6 board changes on record in total.
Navnitlal can be reached through the website navnitlal.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Navnitlal is at Plot No. 521C Ganga Niwas Ground Floor Adenwala Road MatungaE, Mumbai, Maharashtra, India – 400019.
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