MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0065861
_PRIVATE_LIMITED_365069.webp)
Noel Textiles ( India) Private Limited - home & lifestyle in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹75.38 Cr
▼ 25% YoY
Net profit · FY 2023
₹19.06 Lakh
Net margin 0.3%
EBITDA · FY 2023
₹1.9 Cr
EBITDA margin 2.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.04 Cr
Issued & subscribed
Open charges
₹5.63 Cr
Satisfied ₹7.2 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Noel Textiles ( India) Private Limited
Data last updated:
Noel Textiles ( India) Private Limited is a private 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 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17296MH2009PTC197300.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.04 Cr. It was formerly known as Noel Ores & Energy Private Limited and Noel Ores & Energy Limited. It is led by directors Suryakant Gyanprakash Agarwal and Deepak Shantaram Gudekar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹75.38 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹19.06 Lakh (net margin 0.3%) and EBITDA of ₹1.9 Cr (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹5.63 Cr and satisfied charges of ₹7.2 Cr on record. Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it; 3 cases are pending.
Noel Textiles ( India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0065861). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website noel.co.in.
Company details
CIN U17296MH2009PTC197300
Registration Number 197300
Incorporation Date 25 November 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0065861
Name history
Noel Textiles ( India) has undergone 2 name changes throughout its history. The company was previously known as Noel Ores & Energy Private Limited, and Noel Ores & Energy Limited. The current legal name is Noel Textiles ( India) Private Limited.
| Company Name | Status |
|---|---|
| Noel Textiles ( India) Private Limited | Current |
| Noel Ores & Energy Private Limited | Previous |
| Noel Ores & Energy Limited | Previous |
CIN history
Noel Textiles ( India) has one previous CIN (Corporate Identification Number): U27101MH2009PTC197300. The current CIN is U17296MH2009PTC197300, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17296MH2009PTC197300 | Current |
| U27101MH2009PTC197300 | Previous |
Recognitions & Rankings of Noel Textiles ( India)
Contact details
Noel Textiles ( India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is noel.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address501 B Wing Royal Sands Chs Ltd, Off New Link Road Oshivara Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Noel Textiles ( India) Private Limited, buy the company report.
Comprehensive company report
Noel Textiles ( India) 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
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Business activity
The main business activity of Noel Textiles ( India) is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Noel Textiles ( India) Private Limited, buy the company report.
Financials of Noel Textiles ( India) Private Limited
FY 2023 filings availableNoel Textiles ( India) Private Limited reported revenue of ₹75.38 Cr (down 25% YoY) for FY 2023.
Revenue · FY 2023
₹75.38 Cr ▼ 25%
Net profit · FY 2023
₹19.06 Lakh margin 0.3%
EBITDA · FY 2023
₹1.9 Cr margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 13%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▼ 14%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 25% fall in the latest year. EBITDA rose 12% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹75.38 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.06 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Noel Textiles ( India) Private Limited, buy the company report.
Board of directors of Noel Textiles ( India) Private Limited
Noel Textiles ( India) has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryakant Gyanprakash Agarwal Also directs: Noel Shyam Salasar Textiles LLP, Rahul Synthetics Pvt Ltd | Director | 25 Nov 2009 | 16 Years 11 Months | Current |
| Deepak Shantaram Gudekar | Additional Director | 28 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Noel Textiles ( India) Private Limited is audited by P. Pareek & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. Pareek & Associates | FY 2023 | 132684W |
Shareholding
The shareholding of Noel Textiles ( India) 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 Noel Textiles ( India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.63 Cr
Satisfied charges
₹7.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2023 | 100795304 | Tamilnad Mercantile Bank Limited | ₹50 Lakh | Open | |
| 17 Feb 2022 | 100545946 | Tamilnad Mercantile Bank Limited | ₹31 Lakh | Open | |
| 25 Aug 2021 | 100474880 | Tamilnad Mercantile Bank Limited | ₹1.2 Cr | Open | |
| 31 Jan 2017 | 100088098 | Others | ₹3.62 Cr | Open | |
| 28 Feb 2023 | 100683363 | Tamilnad Mercantile Bank Limited | ₹25 Lakh | Satisfied |
To see the full charge records of Noel Textiles ( India) Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Noel Textiles ( India) Private Limited has 13 court cases on record: 2 filed by Noel Textiles ( India), 11 filed against it. 3 cases are pending and 10 are disposed.
Total cases
13
Filed by the company
2
Filed against the company
11
Pending
3
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 10 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by L and T Finance Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Idfc First Bank Ltd Through Loa Shraddha Pawar | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Noel Textiles ( India) 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.
Credit ratings & regulatory alerts
Noel Textiles ( India) Private Limited was last rated by Crisil on 10 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Nov 2021 |
To see the full credit ratings and regulatory alerts of Noel Textiles ( India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Noel Textiles ( India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Noel Textiles ( India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Noel Textiles ( India) Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Deepak Shantaram Gudekar was appointed as Additional Director on 28 Mar 2025.
Appointed
Deepak Shantaram Gudekar was appointed as Additional Director.
Ceased
Rahul Suryakant Agarwal ceased to be Director.
AGM
Noel Textiles ( India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100795304 was registered on 27 Sep 2023.
Charges
A charge registered on 28 Feb 2023 via Charge ID 100683363 with Tamilnad Mercantile Bank Limited was fully satisfied on 27 Sep 2023.
Filing
Noel Textiles ( India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100683363 was registered on 28 Feb 2023.
Charges
A charge registered on 01 Jan 2018 via Charge ID 100150418 with State Bank Of India was fully satisfied on 25 Jul 2022.
Charges
A charge with Others of Rs. 3.62 Cr registered on 31 Jan 2017 with Charge ID 100088098 was modified on 22 Feb 2022.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.31 Cr with Charge ID 100545946 was registered on 17 Feb 2022.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100474880 was registered on 25 Aug 2021.
Charges
A charge with State Bank Of India of Rs. 4.00 Cr registered on 01 Jan 2018 with Charge ID 100150418 was modified on 06 Jun 2019.
21 earlier events are in the company report.
Frequently asked questions
Noel Textiles ( India) is an active private 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 2009 (17+ years old) and is registered under CIN U17296MH2009PTC197300.
Noel Textiles ( India) has 2 current directors:
- Suryakant Gyanprakash Agarwal - Director
- Deepak Shantaram Gudekar - Additional Director
The latest financial statements of Noel Textiles ( India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Noel Textiles ( India) is U17296MH2009PTC197300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Noel Textiles ( India) has 13 court cases on record: 2 filed by the company and 11 filed against it. 3 are pending. Most are in the district courts.
Noel Textiles ( India) was incorporated on 25 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepak Shantaram Gudekar was appointed as Additional Director on 28 Mar 2025. Rahul Suryakant Agarwal ceased to be Director on 28 Mar 2025. Pramiladevi Suryakant Agarwal ceased to be Additional Director on 19 Feb 2015. Noel Textiles ( India) has 11 board changes on record in total.
Yes, Noel Textiles ( India) is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0065861).
Noel Textiles ( India) can be reached through the website noel.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Noel Textiles ( India) is at 501 B Wing Royal Sands Chs Ltd, Off New Link Road Oshivara Andheri West, Mumbai, Maharashtra, India – 400053.
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