MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0175762
Needlework Clothing Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.8 Cr
▲ 71% YoY
Net profit · FY 2025
₹37,974
Net margin 0.2%
EBITDA · FY 2025
₹8.09 Lakh
EBITDA margin 4.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Needlework Clothing Private Limited
Data last updated:
Needlework Clothing Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 27 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC281710. Its GSTIN is 27AAFCN2458K1Z5 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dinesh Devdas Vasudevan and Sandeep Devdas Vasudevan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No.704 Chandrasagar Gokuldham Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.8 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹37,974 (net margin 0.2%) and EBITDA of ₹8.09 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 21% over five years.
The company is associated with 1 brand: Stitchinc. As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Needlework Clothing Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0175762). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stitchincworld.com.
Company details
CIN U74999MH2016PTC281710
Registration Number 281710
Incorporation Date 27 May 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0175762
Recognitions & Rankings of Needlework Clothing
Contact details
Needlework Clothing Private Limited's registered office is in Mumbai, Maharashtra. Its website is stitchincworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No.704 Chandrasagar Gokuldham Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Needlework Clothing Private Limited, buy the company report.
Comprehensive company report
Needlework Clothing Private 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
Brands
Needlework Clothing operates one associated brand: Stitchinc. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a direct-to-consumer brand for multi-category women's apparel. | stitchincworld.com |
Business activity
The main business activities of Needlework Clothing are wholesale and retail trade; repair of motor vehicles and motorcycles and manufacturing. In detail, this covers retail trade, except of motor vehicles and motorcycles and manufacture of wearing apparel. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | |
| C | Manufacturing | 14 | Manufacture of wearing apparel |
To see the full business activity and turnover split of Needlework Clothing Private Limited, buy the company report.
Financials of Needlework Clothing Private Limited
FY 2024 filings availableNeedlework Clothing Private Limited reported revenue of ₹1.8 Cr (up 71% YoY) for FY 2025.
Revenue · FY 2025
₹1.8 Cr ▲ 71%
Net profit · FY 2025
₹37,974 margin 0.2%
EBITDA · FY 2025
₹8.09 Lakh margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 42%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 18%
5 years · compounded
▲ 48%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 71% growth in the latest year. EBITDA rose 39% 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 | ₹8.09 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹37,974 | ||||
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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 | 4.5% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Needlework Clothing Private Limited, buy the company report.
Board of directors of Needlework Clothing Private Limited
Needlework Clothing has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Devdas Vasudevan Also directs: Canvas and Keys LLP, Proptech Ventures Private Limited | Director | 27 May 2016 | 10 Years 4 Months | Current |
| Sandeep Devdas Vasudevan | Director | 27 May 2016 | 10 Years 4 Months | Current |
Auditor
Needlework Clothing Private Limited is audited by Shah and Doshi for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah and Doshi | FY 2023 | 143294W |
Shareholding
The shareholding of Needlework Clothing Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Needlework Clothing Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2022 | 100647317 | Others | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Needlework Clothing Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Mumbai Municipal Corporation P-South Ward | Disposed |
To see the full case history of Needlework Clothing 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 Needlework Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Needlework Clothing has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN2458K1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Needlework Clothing Private Limited, buy the company report.
Recent activity
Needlework Clothing Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Dinesh Devdas Vasudevan was appointed as Director on 27 May 2016.
AGM
Needlework Clothing Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Needlework Clothing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100647317 was registered on 11 Nov 2022.
Appointed
Dinesh Devdas Vasudevan was appointed as Director.
Appointed
Sandeep Devdas Vasudevan was appointed as Director.
Incorporation
27 May 2016
Needlework Clothing Private Limited was registered on 27 May 2016 with Roc Mumbai & aged 10 years 4 months as per MCA records.
Frequently asked questions
Needlework Clothing is an active private limited company based in Mumbai, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 27 May 2016 (10+ years old) and is registered under CIN U74999MH2016PTC281710.
Needlework Clothing has 2 current directors:
- Dinesh Devdas Vasudevan - Director
- Sandeep Devdas Vasudevan - Director
The latest financial statements of Needlework Clothing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Needlework Clothing is 27AAFCN2458K1Z5, 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 Needlework Clothing is U74999MH2016PTC281710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Needlework Clothing has 1 court case on record: 1 filed against it.
Needlework Clothing was incorporated on 27 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Dinesh Devdas Vasudevan was appointed as Director on 27 May 2016. Sandeep Devdas Vasudevan was appointed as Director on 27 May 2016.
Yes, Needlework Clothing is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0175762).
Needlework Clothing can be reached through the website stitchincworld.com. Its registered office is in Mumbai, Maharashtra, India.