Nitin Fabrics Private Limited
About Nitin Fabrics Private Limited
Data last updated:
Nitin Fabrics Private Limited is a private limited company based in Panipat, Haryana, India. It operates in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 29 April 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U17211HR1999PTC034228. Its GSTIN is 06AABCN2181M1ZD (Haryana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.47 Lakh. It is led by directors including Sham Lal and Nitin Dhingra.
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 83 Dev Puri Road, Panipat, Haryana, India – 132103.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.45 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹28,694 (net margin 0.6%) and EBITDA of ₹2.36 Lakh (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address83 Dev Puri Road, Panipat, Haryana, India – 132103
- IndustryHome & Lifestyle, Handicrafts & Artisan Products Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Nitin Fabrics Private Limited
The main business activity of Nitin Fabrics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nitin Fabrics Private Limited FY 2025 filings available
Nitin Fabrics Private Limited reported revenue of ₹47.45 Lakh (down 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nitin Fabrics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 40% fall in the latest year. EBITDA fell 16% 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 of Nitin Fabrics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.36 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28,694 | •••• | •••• | •••• | •••• |
| 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 of Nitin Fabrics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nitin Fabrics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Nitin Fabrics Private Limited
Nitin Fabrics has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sham Lal | Director | 29 Apr 1999 | 27 Years 5 Months | Current |
| Nitin Dhingra | Director | 26 Feb 2005 | 21 Years 7 Months | Current |
| Neetu Dhingra | Director | 30 Mar 2015 | 11 Years 6 Months | Current |
| Neha Chugh | Director | 30 Mar 2015 | 11 Years 6 Months | Current |
| Sorabh Dhingra | Director | 30 Mar 2015 | 11 Years 6 Months | Current |
Peer Comparison of Nitin Fabrics Private Limited
Nitin Fabrics Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Handicrafts Manufacturers, Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Knots India Carpets Private Limited | ₹47.7 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Varanasi, Uttar Pradesh, India |
| Moenus Textile Private Limited | ₹47.59 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | Mandideep Dist.Raisen, Madhya Pradesh, India |
| Tap-Tex Private Limited | ₹47.56 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Ste Fashion Private Limited | ₹47.55 Lakh (FY 2023) | •••• | •••• | 380.0% | •••• | Gandhinagar, Gujarat, India |
| VSL Textiles Private Limited | ₹47.47 Lakh (FY 2015) | •••• | •••• | -63.0% | •••• | Ludhiana, Punjab, India |
| Nitin Fabrics Private Limited this company | ₹47.45 Lakh (FY 2024) | •••• | •••• | -40.0% | •••• | Panipat, Haryana, India |
| Divephin Private Limited | ₹47.4 Lakh (FY 2025) | •••• | •••• | 121.0% | •••• | Faridabad, Haryana, India |
| Renaissance Artifacts Private Limited | ₹47.39 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Gurgaon, Haryana, India |
| Nova Dyeing and Printing Mills Limited | ₹47.24 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
| Foxtrend Fashion India Private Limited | ₹47.18 Lakh (FY 2025) | •••• | •••• | 63.0% | •••• | Ahmedabad, Gujarat, India |
| S. S. Garments Private Limited | ₹47.16 Lakh (FY 2025) | •••• | •••• | -57.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Nitin Fabrics by revenue in the Consumer Products industry (Handicrafts Manufacturers, Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nitin Fabrics Private Limited
Nitin Fabrics Private Limited is audited by MUKESH ASIJA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUKESH ASIJA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Nitin Fabrics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nitin Fabrics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2001 | Punjab National Bank | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Nitin Fabrics Private Limited
Employment history and EPFO contributions of people linked to Nitin Fabrics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nitin Fabrics Private Limited
Nitin Fabrics Private Limited has 8 board changes on record since 1999: 5 appointments and 3 cessations. The latest: Neetu Dhingra ceased to be Additional Director on 30 Sep 2015.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nitin Fabrics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nitin Fabrics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nitin Fabrics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nitin Fabrics Private Limited
Nitin Fabrics has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCN2181M1ZD | Haryana | Active | 01 Jul 2017 |
| 06AAECM2116N1ZI | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nitin Fabrics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nitin Fabrics Private Limited
Nitin Fabrics is an active private limited company based in Panipat, Haryana, India. The company works in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 29 April 1999 (27+ years old) and is registered under CIN U17211HR1999PTC034228.
Nitin Fabrics reported revenue of ₹47.45 Lakh for FY 2024 (down 40% YoY).
Nitin Fabrics has 5 current directors:
- Sham Lal - Director
- Nitin Dhingra - Director
- Neetu Dhingra - Director
- Neha Chugh - Director
- Sorabh Dhingra - Director
Nitin Fabrics reported a net profit of ₹28,694 (net margin 0.6%) and EBITDA of ₹2.36 Lakh (EBITDA margin 5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nitin Fabrics is 10% over three years and -9% over five years. In the latest year (FY 2024) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nitin Fabrics is 06AABCN2181M1ZD, registered in Haryana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAECM2116N1ZI (Haryana).
The CIN (Corporate Identification Number) of Nitin Fabrics is U17211HR1999PTC034228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitin Fabrics was incorporated on 29 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Nitin Fabrics by revenue are Knots India Carpets Private Limited, Moenus Textile Private Limited, Tap-Tex Private Limited, Ste Fashion Private Limited, VSL Textiles Private Limited and 5 more, all in the Consumer Products industry (Handicrafts Manufacturers, Textiles).
Neetu Dhingra ceased to be Additional Director on 30 Sep 2015. Neha Chugh ceased to be Additional Director on 30 Sep 2015. Sorabh Dhingra ceased to be Additional Director on 30 Sep 2015. Nitin Fabrics has 8 board changes on record in total.
The registered office of Nitin Fabrics is at 83 Dev Puri Road, Panipat, Haryana, India – 132103.