MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0048423
Neti Fabrics Private Limited
Neti Fabrics Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.62 Cr
▲ 45% YoY
Net profit · FY 2025
₹21.5 Lakh
Net margin 2%
EBITDA · FY 2025
₹45.99 Lakh
EBITDA margin 4.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
25 yrs
Est. 2001
Directors on board
3
As per MCA filings
About Neti Fabrics Private Limited
Data last updated:
Neti Fabrics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2001PTC134042. Its GSTIN is 27AABCN3059N1Z4 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Charit Ashwin Sheth and Ashwin Jayantilal Sheth.
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 A/34 Gokul Arcadeswami Nityanand Rd Opp Garvarey Vile Parle, Mumbai, Maharashtra, India – 400091.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.62 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹21.5 Lakh (net margin 2%) and EBITDA of ₹45.99 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹2 Cr on record.
Neti Fabrics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0048423). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17299MH2001PTC134042
Registration Number 134042
Incorporation Date 26 November 2001
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 Small
Udyam Registration UDYAM-MH-19-0048423
Key People
Charit Ashwin Sheth Director Ashwin Jayantilal Sheth Director Kanjin Ashwin Sheth Director Recognitions & Rankings of Neti Fabrics
Contact details
Neti Fabrics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA/34 Gokul Arcadeswami Nityanand Rd Opp Garvarey Vile Parle, Mumbai, Maharashtra, India – 400091
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Neti Fabrics Private Limited, buy the company report.
Comprehensive company report
Neti Fabrics 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
Business activity
The main business activity of Neti Fabrics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Neti Fabrics Private Limited, buy the company report.
Financials of Neti Fabrics Private Limited
FY 2024 filings availableNeti Fabrics Private Limited reported revenue of ₹10.62 Cr (up 45% YoY) for FY 2025.
Revenue · FY 2025
₹10.62 Cr ▲ 45%
Net profit · FY 2025
₹21.5 Lakh margin 2%
EBITDA · FY 2025
₹45.99 Lakh margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 37%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 32%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 45% 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 |
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| Total Expenses | |||||
| EBITDA | ₹45.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.5 Lakh | ||||
| Balance Sheet | |||||
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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 | 4.3% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Neti Fabrics Private Limited, buy the company report.
Board of directors of Neti Fabrics Private Limited
Neti Fabrics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Charit Ashwin Sheth | Director | 06 Oct 2005 | 21 Years 0 Months | Current |
| Ashwin Jayantilal Sheth | Director | 26 Nov 2001 | 24 Years 11 Months | Current |
| Kanjin Ashwin Sheth Also directs: Satshay Lifespace Private Limited, Taraksh Real Estates Private Limited, Eminara Realty Private Limited and 3 more | Director | 23 Jul 2009 | 17 Years 3 Months | Current |
Peer comparison
Neti Fabrics Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| Bhairav Clothing Company Private Limited | ₹10.64 Cr (FY 2024) | -3.0% | Palghar, Maharashtra, India | |||
| Akshar Raj Textiles Private Limited | ₹10.64 Cr (FY 2024) | 63.0% | Coimbatore, Tamil Nadu, India | |||
| Laxmikripa Garments Private Limited | ₹10.62 Cr (FY 2025) | -12.0% | Jaipur, Rajasthan, India | |||
| Qutal Yarn Private Limited | ₹10.62 Cr (FY 2025) | 16.0% | Delhi, India | |||
| Neti Fabrics Private Limitedthis company | ₹10.62 Cr (FY 2025) | ₹21.5 Lakh | 2% | 45.0% | Mumbai, Maharashtra, India | |
| Skaat Machine Works India Private Limited | ₹10.62 Cr (FY 2024) | -15.0% | Coimbatore, Tamil Nadu, India | |||
| S S Cotgin Private Limited | ₹10.61 Cr (FY 2018) | -61.0% | Muktsar, Punjab, India | |||
| Creative Chain Stores Pvt Ltd | ₹10.61 Cr (FY 2021) | 106.0% | Mumbai, Maharashtra, India | |||
| Jomar Apparels Private Limited | ₹10.61 Cr (FY 2024) | 106.0% | Kanyakumari, Tamil Nadu, India | |||
| Ramkrupa Ginning and Pressing Private Limited | ₹10.61 Cr (FY 2025) | -59.0% | Biliyada, Gujarat, India |
To see the full peer comparison of Neti Fabrics Private Limited, buy the company report.
Auditor
Neti Fabrics Private Limited is audited by Kamlesh Doshi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kamlesh Doshi & Co. | FY 2023 | 136509W |
Shareholding
The shareholding of Neti Fabrics 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 Neti Fabrics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2024 | 100910181 | Others | ₹2 Cr | Open |
To see the full charge records of Neti Fabrics Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Neti Fabrics Private 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 Neti Fabrics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neti Fabrics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN3059N1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neti Fabrics Private Limited, buy the company report.
Recent activity
Neti Fabrics Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Kanjin Ashwin Sheth was appointed as Director on 23 Jul 2009.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 18 Mar 2024 with Charge ID 100910181 was modified on 27 Mar 2025.
AGM
Neti Fabrics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Neti Fabrics 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. 200.00 Lakh with Charge ID 100910181 was registered on 18 Mar 2024.
Appointed
Kanjin Ashwin Sheth was appointed as Director.
Ceased
Mita Ashwin Sheth ceased to be Director.
Appointed
Charit Ashwin Sheth was appointed as Director.
Appointed
Ashwin Jayantilal Sheth was appointed as Director.
Incorporation
26 Nov 2001
Neti Fabrics Private Limited was registered on 26 Nov 2001 with Roc Mumbai & aged 24 years 11 months as per MCA records.
Frequently asked questions
Neti Fabrics 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 26 November 2001 (25+ years old) and is registered under CIN U17299MH2001PTC134042.
Neti Fabrics has 3 current directors:
- Charit Ashwin Sheth - Director
- Ashwin Jayantilal Sheth - Director
- Kanjin Ashwin Sheth - Director
The latest financial statements of Neti Fabrics 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 2015 are in the company report.
The GSTIN of Neti Fabrics is 27AABCN3059N1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neti Fabrics is U17299MH2001PTC134042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neti Fabrics was incorporated on 26 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neti Fabrics by revenue are Bhairav Clothing Company Private Limited, Akshar Raj Textiles Private Limited, Laxmikripa Garments Private Limited, Qutal Yarn Private Limited, Skaat Machine Works India Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kanjin Ashwin Sheth was appointed as Director on 23 Jul 2009. Mita Ashwin Sheth ceased to be Director on 23 Jul 2009. Charit Ashwin Sheth was appointed as Director on 06 Oct 2005. Neti Fabrics has 4 board changes on record in total.
Yes, Neti Fabrics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0048423).
The registered office of Neti Fabrics is at A34 Gokul Arcadeswami Nityanand Rd Opp Garvarey Vile Parle, Mumbai, Maharashtra, India – 400091.
Neti Fabrics operates in the manufacturing industry, in the textile and fabric production segment.