Novelty Textiles Private Limited
About Novelty Textiles Private Limited
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Novelty Textiles 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 09 January 1959 and has been in existence for over 67 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1959PTC011258.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anjali Kaur Sethi and Akhilesh Gurvindersingh Sethi.
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 41 Raghav Wadi 4Gr Floor French Bridge 0Ff N S Patker Marg, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.87 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹3.77 Lakh (net margin -38.2%) and EBITDA of -₹2.67 Lakh (EBITDA margin -27%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 24% over five years.
Court records list 7 cases involving the company, including 7 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Novelty Textiles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address41 Raghav Wadi 4Gr Floor French Bridge 0Ff N S Patker Marg, Mumbai, Maharashtra, India – 400007
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Novelty Textiles Private Limited, buy the company report.
- 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
Financials of Novelty Textiles Private Limited
FY 2025 filings availableNovelty Textiles Private Limited reported revenue of ₹9.87 Lakh (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA rose 4% 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 | -₹2.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.77 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 | -27% | ||||
| Net Profit Margin | -38.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Novelty Textiles Private Limited, buy the company report.
Board of directors of Novelty Textiles Private Limited
Novelty Textiles has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjali Kaur Sethi | Director | 25 Jul 1985 | 41 Years 3 Months | Current |
| Akhilesh Gurvindersingh Sethi | Director | 01 Nov 2000 | 26 Years 0 Months | Current |
| Samridh Singh Sethi | Director | 22 Jul 2002 | 24 Years 3 Months | Current |
Peer comparison
Novelty Textiles Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lawson Trading Co Pvt Ltd | ₹9.89 Lakh (FY 2025) | -61.0% | Mumbai, Maharashtra, India | |||
| Prisha Interlinked Marketing Private Limited | ₹9.87 Lakh (FY 2025) | -91.0% | Mumbai, Maharashtra, India | |||
| Novelty Textiles Private Limitedthis company | ₹9.87 Lakh (FY 2025) | -₹3.77 Lakh | -38.2% | -7.0% | Mumbai, Maharashtra, India | |
| Prince Apparel Exports Private Limited | ₹9.87 Lakh (FY 2025) | -32.0% | Tiruppur, Tamil Nadu, India |
To see the full peer comparison of Novelty Textiles Private Limited, buy the company report.
Shareholding
The shareholding of Novelty Textiles Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Novelty Textiles Private Limited, buy the company report.
Legal cases
Novelty Textiles Private Limited has 7 court cases on record: 7 filed by Novelty Textiles. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed by the company against M/S Indage Vintners Ltd. and 4 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases w) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases w) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases w) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases w) | Filed by the company against an individual | Disposed |
To see the full case history of Novelty Textiles 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 Novelty Textiles 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 Novelty Textiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Novelty Textiles Private Limited has 3 board changes on record since 1985: 3 appointments. The latest: Samridh Singh Sethi was appointed as Director on 22 Jul 2002.
Frequently asked questions
Novelty Textiles 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 09 January 1959 (67+ years old) and is registered under CIN U17120MH1959PTC011258.
Novelty Textiles has 3 current directors:
- Anjali Kaur Sethi - Director
- Akhilesh Gurvindersingh Sethi - Director
- Samridh Singh Sethi - Director
The latest financial statements of Novelty Textiles 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 CIN (Corporate Identification Number) of Novelty Textiles is U17120MH1959PTC011258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Novelty Textiles has 7 court cases on record: 7 filed by the company.
Novelty Textiles was incorporated on 09 January 1959, making it 67+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Novelty Textiles by revenue are Lawson Trading Co Pvt Ltd, Prisha Interlinked Marketing Private Limited, Prince Apparel Exports Private Limited, all in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (wholesale trading).
Samridh Singh Sethi was appointed as Director on 22 Jul 2002. Akhilesh Gurvindersingh Sethi was appointed as Director on 01 Nov 2000. Anjali Kaur Sethi was appointed as Director on 25 Jul 1985.
The registered office of Novelty Textiles is at 41 Raghav Wadi 4Gr Floor French Bridge 0Ff N S Patker Marg, Mumbai, Maharashtra, India – 400007.
Novelty Textiles operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Novelty Textiles is compliant as of 21 September 2026. The company is actively filing with the Registrar of Companies.
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