Panav Textiles Private Limited

Panav Textiles Private Limited - manufacturing in Shirpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U01100MH2013PTC241514 Incorporated 29 March 2013 ROC Mumbai HQ Shirpur, Maharashtra, India
Active Private Limited Company manufacturing MSME · Medium
Revenue · FY 2025
₹82.56 Cr
▲ 20% YoY
Net profit · FY 2025
₹56.92 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹2.25 Cr
EBITDA margin 2.7%
Authorised capital
₹5.1 Cr
Registered with MCA
Paid-up capital
₹5.1 Cr
Issued & subscribed
Open charges
₹67.36 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings

About Panav Textiles Private Limited

Data last updated:

Panav Textiles Private Limited is a private limited company based in Shirpur, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 March 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH2013PTC241514. Its GSTIN is 27AAICP3534F1ZG (Maharashtra).

The company has an authorised share capital of ₹5.1 Cr and a paid-up capital of ₹5.1 Cr. It is led by directors including Kamlesh Subhashchandra Agrawal and Rajendra Shamrao Desale.

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 Gat No. 205/1/1/1A Dahiwad Tal. Shirpur Dist. Dhule, Maharashtra, India – 425405.

As per the financials filed for FY 2025, the company reported a revenue of ₹82.56 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹56.92 Lakh (net margin 0.7%) and EBITDA of ₹2.25 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.

As per MCA filings, the company has open charges of ₹67.36 Cr on record. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹5.09 Cr; the latest was in March 2022. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Sumangal Silk Mills Pvt Ltd with revenue of ₹82.89 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2023, listing 623 overdue payments to 40 micro and small suppliers.

Panav Textiles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-09-0000536). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pallavaagroup.com.

Company details

CIN U01100MH2013PTC241514
Registration Number 241514
Incorporation Date 29 March 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-09-0000536

CIN history

Panav Textiles has one previous CIN (Corporate Identification Number): U17290MH2013PTC241514. The current CIN is U01100MH2013PTC241514, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U01100MH2013PTC241514Current
U17290MH2013PTC241514Previous

Recognitions & Rankings of Panav Textiles

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-09-0000536

Contact details

Panav Textiles Private Limited's registered office is in Shirpur, Maharashtra. Its website is pallavaagroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Gat No. 205/1/1/1A Dahiwad Tal. Shirpur Dist. Dhule, Maharashtra, India – 425405
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Panav Textiles Private Limited, buy the company report.

Comprehensive company report
Panav Textiles 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 Panav Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Panav Textiles Private Limited, buy the company report.

Financials of Panav Textiles Private Limited

FY 2024 filings available

Panav Textiles Private Limited reported revenue of ₹82.56 Cr (up 20% YoY) for FY 2025.

Revenue · FY 2025
₹82.56 Cr ▲ 20%
Net profit · FY 2025
₹56.92 Lakh margin 0.7%
EBITDA · FY 2025
₹2.25 Cr margin 2.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 3%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 9%

Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 20% growth in the latest year. EBITDA fell 10% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹2.25 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹56.92 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.7%
Net Profit Margin0.7%
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 Panav Textiles Private Limited, buy the company report.

Board of directors of Panav Textiles Private Limited

Panav Textiles has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kamlesh Subhashchandra AgrawalDirector30 Nov 201510 Years 11 MonthsCurrent
Rajendra Shamrao DesaleDirector01 Jan 20179 Years 10 MonthsCurrent
Yashwardhan Rajwardhan KadambandeDirector01 Jan 20179 Years 10 MonthsCurrent

Peer comparison

Panav Textiles Private Limited is compared with the 8 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sumangal Silk Mills Pvt Ltd₹82.89 Cr (FY 2025)-1.0%Mumbai, Maharashtra, India
Veejay Lakshmi Engineering Works Limited₹82.85 Cr (FY 2025)-8.0%Coimbatore, Tamil Nadu, India
Sri Venkatachalapathy Spinning Mills Private Limited₹82.81 Cr (FY 2025)-4.0%Rajapalayam Virudhunagar Dt, Tamil Nadu, India
Dhansmruti Textiles Private Limited₹82.76 Cr (FY 2024)-16.0%Pune, Maharashtra, India
Panav Textiles Private Limitedthis company₹82.56 Cr (FY 2025)₹56.92 Lakh0.7%20.0%Shirpur, Maharashtra, India
Zyod Commerce Private Limited₹82.56 Cr (FY 2025)165.0%Gurgaon, Haryana, India
Seyyon Hi-Tech Poly Fabs Private Limited₹82.47 Cr (FY 2023)-13.0%Erode, Tamil Nadu, India
Sunlord Apparels Manufacturing Company Private Limited₹82.44 Cr (FY 2025)46.0%Delhi, India
Sri Saradhambika Spintex Private Limited₹82.28 Cr (FY 2024)-15.0%Coimbatore, Tamil Nadu, India

To see the full peer comparison of Panav Textiles Private Limited, buy the company report.

Auditor

Panav Textiles Private Limited is audited by VIJAY M. RATHI for the financial year 2022.

Auditor firmFinancial yearFirm registration number
VIJAY M. RATHIFY 2022-

Shareholding

The shareholding of Panav Textiles 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Panav Textiles Private Limited, buy the company report.

Charges & borrowings

Open charges
₹67.36 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹67.36 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Mar 2025101092724State Bank of India₹5.21 CrOpen
18 Mar 2025101092731State Bank of India₹4.63 CrOpen
18 Mar 2025101092738State Bank of India₹4.63 CrOpen
18 Mar 2025101092776State Bank of India₹5.38 CrOpen
15 Mar 2017100090070State Bank of India₹19.44 CrOpen

To see the full charge records of Panav Textiles Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Panav Textiles Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹5.09 Cr; the latest was in March 2022.

Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹5.09 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Mar 2022Secondary share transferUndisclosedBuyer: Krushna Rathi Huf, Subhash Agrawal (HUF)
Seller: 2 individuals
Nov 2020Secondary share transferUndisclosedBuyer: an individual
Seller: Subhash Agrawal (HUF), 3 individuals
Sep 2019Secondary share transferUndisclosedBuyer: Subhash Agrawal (HUF), an individual
Seller: Krushna Rathi Huf, an individual
Mar 2018Funding round₹5.09 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Panav Textiles Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 623 overdue payments to 40 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 40)

SupplierAmount dueDue sinceReported on
an individual supplier
Bhumi Trading Corporation
Yogi Cotex Private Limited
Prath Textiles Private Limited
Dhruv Cotex Pvt Ltd

To see the full MSME payment records of Panav Textiles Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Panav Textiles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAICP3534F1ZGMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Panav Textiles Private Limited, buy the company report.

Recent activity

Panav Textiles Private Limited has 13 board changes on record since 2013: 8 appointments and 5 cessations. The latest: Alka Hemanshu Desai ceased to be Additional Director on 30 Nov 2018.

Charges
A charge with State Bank Of India amounted to Rs. 5.21 Cr with Charge ID 101092724 was registered on 18 Mar 2025.
Charges
A charge with State Bank Of India amounted to Rs. 4.63 Cr with Charge ID 101092731 was registered on 18 Mar 2025.
Charges
A charge with State Bank Of India amounted to Rs. 4.63 Cr with Charge ID 101092738 was registered on 18 Mar 2025.
Charges
A charge with State Bank Of India amounted to Rs. 5.38 Cr with Charge ID 101092776 was registered on 18 Mar 2025.
AGM
Panav Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Panav Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with State Bank Of India of Rs. 19.44 Cr registered on 15 Mar 2017 with Charge ID 100090070 was modified on 29 Dec 2021.
Ceased
Alka Hemanshu Desai ceased to be Additional Director.
Ceased
Sachin Shivajirao Dahite ceased to be Director.
Appointed
Alka Hemanshu Desai was appointed as Additional Director.
Ceased
Tapan Mukesh Patel ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 28.07 Cr with Charge ID 100126431 was registered on 15 Mar 2017.

11 earlier events are in the company report.

Frequently asked questions

Panav Textiles is an active private limited company based in Shirpur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 March 2013 (13+ years old) and is registered under CIN U01100MH2013PTC241514.

Panav Textiles has 3 current directors:

The latest financial statements of Panav Textiles 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 Panav Textiles is 27AAICP3534F1ZG, registered in Maharashtra.

The CIN (Corporate Identification Number) of Panav Textiles is U01100MH2013PTC241514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Panav Textiles was incorporated on 29 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

Panav Textiles has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹5.09 Cr; the latest was in March 2022.

The peers of Panav Textiles by revenue are Sumangal Silk Mills Pvt Ltd, Veejay Lakshmi Engineering Works Limited, Sri Venkatachalapathy Spinning Mills Private Limited, Dhansmruti Textiles Private Limited, Zyod Commerce Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Alka Hemanshu Desai ceased to be Additional Director on 30 Nov 2018. Sachin Shivajirao Dahite ceased to be Director on 30 Nov 2018. Alka Hemanshu Desai was appointed as Additional Director on 01 Oct 2018. Panav Textiles has 13 board changes on record in total.

Yes, Panav Textiles is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-09-0000536).

Panav Textiles has 6 MSME Form 1 returns on record between 2019 and 2023, listing 623 overdue payments to 40 micro and small suppliers. The latest return was filed on 31 Aug 2023.

Panav Textiles can be reached through the website pallavaagroup.com. Its registered office is in Shirpur, Maharashtra, India.