MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0015960
Norquest Brands Pvt Ltd - home & lifestyle in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹85.22 Cr
▲ 42% YoY
Net profit · FY 2025
₹9.81 Cr
Net margin 11.5%
EBITDA · FY 2025
₹15.45 Cr
EBITDA margin 18.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹9.35 Lakh
Issued & subscribed
Open charges
₹20.24 Cr
Satisfied ₹13.23 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
237
Provident fund records
About Norquest Brands Pvt Ltd
Data last updated:
Norquest Brands Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 15 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1994PTC021813. Its GSTIN is 24AAACN6555E1ZN (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹9.35 Lakh. It is led by directors including Sanjiv Satindernath Sood (Managing Director) and Romen Satindernath Sood (Whole-Time Director).
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 A/3 A/4 Mohan Estate Opp. Anupam Theatre Khokhra, Ahmedabad, Gujarat, India – 380008.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.22 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹9.81 Cr (net margin 11.5%) and EBITDA of ₹15.45 Cr (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 34% over five years.
The company has about 237 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Norquest. As per MCA filings, the company has open charges of ₹20.24 Cr and satisfied charges of ₹13.23 Cr on record.
Norquest Brands Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0015960). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website norquestbrands.com.
Company details
CIN U51909GJ1994PTC021813
Registration Number 021813
Incorporation Date 15 April 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0015960
Key People
Sanjiv Satindernath Sood Managing Director Romen Satindernath Sood Whole-Time Director Udit Sanjiv Sood Whole-Time Director Recognitions & Rankings of Norquest Brands
Contact details
Norquest Brands Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is norquestbrands.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA/3 A/4 Mohan Estate Opp. Anupam Theatre Khokhra, Ahmedabad, Gujarat, India – 380008
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Norquest Brands Pvt Ltd, buy the company report.
Comprehensive company report
Norquest Brands Pvt Ltd - 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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Brands
Norquest Brands operates one associated brand: Norquest. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Eco-friendly bag manufacturing and supply services. | norquestbrands.com |
Business activity
The main business activity of Norquest Brands 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 Norquest Brands Pvt Ltd, buy the company report.
Financials of Norquest Brands Pvt Ltd
FY 2025 filings availableNorquest Brands Pvt Ltd reported revenue of ₹85.22 Cr (up 42% YoY) for FY 2025.
Revenue · FY 2025
₹85.22 Cr ▲ 42%
Net profit · FY 2025
₹9.81 Cr margin 11.5%
EBITDA · FY 2025
₹15.45 Cr margin 18.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 41%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 79%
5 years · compounded
▲ 56%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 42% growth in the latest year. EBITDA rose 43% 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 | ₹15.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.81 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | 18.1% | ||||
| Net Profit Margin | 11.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Norquest Brands Pvt Ltd, buy the company report.
Board of directors of Norquest Brands Pvt Ltd
Norquest Brands has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Satindernath Sood Also directs: Ecoright Solutions LLP, Ecoright Private Limited | Managing Director | 15 Apr 1994 | 32 Years 6 Months | Current |
| Romen Satindernath Sood | Whole-Time Director | 01 Feb 2019 | 7 Years 8 Months | Current |
| Udit Sanjiv Sood Also directs: Ecoright Solutions LLP, Ecoright Private Limited | Whole-Time Director | 31 Jul 2018 | 8 Years 2 Months | Current |
Peer comparison
Norquest Brands Pvt Ltd is compared with the 9 companies closest to it by revenue in the Consumer Products industry (Lifestyle and Accessories Manufacturers, 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 |
|---|---|---|---|---|---|---|
| Shri T.P.Textiles Private Limited | ₹85.42 Cr (FY 2025) | 8.0% | Rajapalayam, Tamil Nadu, India | |||
| Imperial Dyeing Limited | ₹85.4 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| RG Textile Industries Private Limited | ₹85.37 Cr (FY 2025) | 9.0% | Panipat, Haryana, India | |||
| SMP Textiles Mills Private Limited | ₹85.35 Cr (FY 2024) | -29.0% | Erode, Tamil Nadu, India | |||
| Devicot Agro Industries Private Limited | ₹85.3 Cr (FY 2025) | 10.0% | Rawatsar, Rajasthan, India | |||
| Norquest Brands Pvt Ltdthis company | ₹85.22 Cr (FY 2025) | ₹9.81 Cr | 11.5% | 42.0% | 237 | Ahmedabad, Gujarat, India |
| Dattatreya Textiles Private Limited | ₹85.19 Cr (FY 2024) | -13.0% | Madurai, Tamil Nadu, India | |||
| Airspun Fabrics Private Limited | ₹84.9 Cr (FY 2025) | 17.0% | Bhilwara, Rajasthan, India | |||
| Texas Woollen Mills Pvt Ltd | ₹84.83 Cr (FY 2025) | 8.0% | Ludhiana, Punjab, India | |||
| Rainbow Spinners Private Limited | ₹84.83 Cr (FY 2025) | 26.0% | Pallipalayam, Tamil Nadu, India |
To see the full peer comparison of Norquest Brands Pvt Ltd, buy the company report.
Auditor
Norquest Brands Pvt Ltd is audited by PARIMAL S. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIMAL S. SHAH & CO. | FY 2023 | 107591W |
Shareholding
The shareholding of Norquest Brands Pvt Ltd 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 Norquest Brands Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹20.24 Cr
Satisfied charges
₹13.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2025 | 101146491 | Others | ₹4.35 Cr | Open | |
| 09 May 2025 | 101100442 | Others | ₹28 Lakh | Open | |
| 19 May 2022 | 100592638 | Others | ₹69.57 Lakh | Open | |
| 19 May 2022 | 100575273 | Others | ₹80 Lakh | Open | |
| 11 Mar 2022 | 100544241 | Others | ₹9.92 Cr | Open |
To see the full charge records of Norquest Brands Pvt Ltd, buy the company report.
Total charge records: 17 View all charges
Legal cases
No court or tribunal cases involving Norquest Brands Pvt Ltd 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 Norquest Brands Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Norquest Brands Pvt Ltd has a workforce of 237 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
237
Active EPFO establishments
1
GST
Norquest Brands has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN6555E1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Norquest Brands Pvt Ltd, buy the company report.
Recent activity
Norquest Brands Pvt Ltd has 6 board changes on record since 1994: 3 appointments and 3 cessations. The latest: Romen Satindernath Sood was appointed as Whole-Time Director on 01 Feb 2019.
AGM
Norquest Brands Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 4.35 Cr with Charge ID 101146491 was registered on 04 Aug 2025.
Charges
A charge with Others of Rs. 9.92 Cr registered on 11 Mar 2022 with Charge ID 100544241 was modified on 04 Aug 2025.
Charges
A charge with Others amounted to Rs. 0.28 Cr with Charge ID 101100442 was registered on 09 May 2025.
Filing
Norquest Brands Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 17 Jun 2022 via Charge ID 100584904 with Others was fully satisfied on 15 Jul 2024.
Charges
A charge registered on 25 Nov 2021 via Charge ID 100520308 with Others was fully satisfied on 15 Feb 2024.
Charges
A charge registered on 21 Jun 2023 via Charge ID 100738932 with Others was fully satisfied on 29 Jan 2024.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100738932 was registered on 21 Jun 2023.
Charges
A charge registered on 26 Dec 2018 via Charge ID 100236716 with Hdfc Bank Limited was fully satisfied on 24 Mar 2023.
Charges
A charge with Others of Rs. 0.70 Cr registered on 19 May 2022 with Charge ID 100592638 was modified on 20 Feb 2023.
Charges
A charge registered on 12 Jul 2019 via Charge ID 100278114 with Axis Bank Limited was fully satisfied on 03 Aug 2022.
32 earlier events are in the company report.
Frequently asked questions
Norquest Brands is an active private limited company based in Ahmedabad, Gujarat, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 15 April 1994 (32+ years old) and is registered under CIN U51909GJ1994PTC021813.
Norquest Brands has 3 current directors:
- Sanjiv Satindernath Sood - Managing Director
- Romen Satindernath Sood - Whole-Time Director
- Udit Sanjiv Sood - Whole-Time Director
The latest financial statements of Norquest Brands 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 Norquest Brands is 24AAACN6555E1ZN, registered in Gujarat. 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 Norquest Brands is U51909GJ1994PTC021813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Norquest Brands was incorporated on 15 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Norquest Brands by revenue are Shri T.P.Textiles Private Limited, Imperial Dyeing Limited, RG Textile Industries Private Limited, SMP Textiles Mills Private Limited, Devicot Agro Industries Private Limited and 4 more, all in the Consumer Products industry (Lifestyle and Accessories Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products).
Romen Satindernath Sood was appointed as Whole-Time Director on 01 Feb 2019. Kaajal Rajiv Badlani ceased to be Whole-Time Director on 31 Jul 2018. Udit Sanjiv Sood was appointed as Whole-Time Director on 31 Jul 2018. Norquest Brands has 6 board changes on record in total.
Yes, Norquest Brands is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0015960).
Norquest Brands can be reached through the website norquestbrands.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Norquest Brands is at A3 A4 Mohan Estate Opp. Anupam Theatre Khokhra, Ahmedabad, Gujarat, India – 380008.
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