- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-09-0000536

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 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.
| CIN | Status |
|---|---|
| U01100MH2013PTC241514 | Current |
| U17290MH2013PTC241514 | Previous |
Recognitions & Rankings of Panav Textiles
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
- Website
- Registered AddressGat No. 205/1/1/1A Dahiwad Tal. Shirpur Dist. Dhule, Maharashtra, India – 425405
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Panav 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
Business activity
The main business activity of Panav Textiles 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 Panav Textiles Private Limited, buy the company report.
Financials of Panav Textiles Private Limited
FY 2024 filings availablePanav Textiles Private Limited reported revenue of ₹82.56 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.25 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹56.92 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 | 2.7% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Subhashchandra Agrawal Also directs: Mahacot Textiles Private Limited, Mahacot Weavers Association | Director | 30 Nov 2015 | 10 Years 11 Months | Current |
| Rajendra Shamrao Desale Also directs: Mahacot Weavers Association, Granth Cotex Private Limited, Ars Cotex Private Limited and 3 more | Director | 01 Jan 2017 | 9 Years 10 Months | Current |
| Yashwardhan Rajwardhan Kadambande Also directs: Bio Zane Corporation LLP, Yash Knitwear Private Limited | Director | 01 Jan 2017 | 9 Years 10 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 0.7% | 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 firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY M. RATHI | FY 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 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 Panav Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2025 | 101092724 | State Bank of India | ₹5.21 Cr | Open | |
| 18 Mar 2025 | 101092731 | State Bank of India | ₹4.63 Cr | Open | |
| 18 Mar 2025 | 101092738 | State Bank of India | ₹4.63 Cr | Open | |
| 18 Mar 2025 | 101092776 | State Bank of India | ₹5.38 Cr | Open | |
| 15 Mar 2017 | 100090070 | State Bank of India | ₹19.44 Cr | Open |
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.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Krushna Rathi Huf, Subhash Agrawal (HUF) Seller: 2 individuals |
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Subhash Agrawal (HUF), 3 individuals |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Subhash Agrawal (HUF), an individual Seller: Krushna Rathi Huf, an individual |
| Mar 2018 | Funding round | ₹5.09 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Panav Textiles Private Limited 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
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)
| Supplier | Amount due | Due since | Reported 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP3534F1ZG | Maharashtra | Active | 01 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.
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:
- Kamlesh Subhashchandra Agrawal - Director
- Rajendra Shamrao Desale - Director
- Yashwardhan Rajwardhan Kadambande - Director
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.

