- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0002565

About Panghat Sarees Private Limited
Data last updated:
Panghat Sarees Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 19 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51311WB2003PTC096220. Its GSTIN is 19AADCP6240P1ZW (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.03 Cr. It is led by directors including Anand Saraf and Nirmal Saraf.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.69 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹41.6 Lakh (net margin 0.9%) and EBITDA of ₹2.13 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 17% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Panghat Sarees. As per MCA filings, the company has open charges of ₹9.19 Cr and satisfied charges of ₹3.13 Cr on record. Court records list 16 cases involving the company, including 15 filed by the company and 1 filed against it; 4 cases are pending.
Panghat Sarees Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0002565). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panghatsarees.com.
Company details
Recognitions & Rankings of Panghat Sarees
Contact details
Panghat Sarees Private Limited's registered office is in Kolkata, West Bengal. Its website is panghatsarees.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor, 20/1 East Topsia Road, Kolkata, West Bengal, India – 700046
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of Panghat Sarees 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
Brands
Panghat Sarees operates one associated brand: Panghat Sarees. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for purchasing Indian ethnic clothing such as lehengas and menswear. | panghatsarees.com |
Business activity
The main business activity of Panghat Sarees is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Panghat Sarees Private Limited, buy the company report.
Financials of Panghat Sarees Private Limited
FY 2024 filings availablePanghat Sarees Private Limited reported revenue of ₹46.69 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 3% growth in the latest year. EBITDA fell 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 |
|---|---|---|---|---|---|
| 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 | ₹2.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.6 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Panghat Sarees Private Limited, buy the company report.
Board of directors of Panghat Sarees Private Limited
Panghat Sarees has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Saraf | Director | 01 Jan 2021 | 5 Years 10 Months | Current |
| Nirmal Saraf Also directs: Chakrika Developers Private Limited, Sitka Vintrade Private Limited, Jackpot Commercial Private Limited and 4 more | Director | 19 May 2003 | 23 Years 5 Months | Current |
| Pashupati Kumar Sarraf Also directs: Ashtha Designer Boutique Private Limited | Director | 01 Jan 2021 | 5 Years 10 Months | Current |
Peer comparison
Panghat Sarees Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Ethnic Wear, Sarees), 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 |
|---|---|---|---|---|---|---|
| Suvidha Sarees India Private Limited | ₹49.25 Cr (FY 2025) | 0.0% | Varanasi, Uttar Pradesh, India | |||
| Garodia Creation Limited | ₹48.65 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Panghat Sarees Private Limitedthis company | ₹46.69 Cr (FY 2025) | ₹41.6 Lakh | 0.9% | 3.0% | 13 | Kolkata, West Bengal, India |
| Urvashi Sarees P Ltd | ₹46.68 Cr (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Chitrakar Apparels Pvt Ltd | ₹45.83 Cr (FY 2024) | -14.0% | Kolkata, West Bengal, India | |||
| Jagga Prints Private Limited | ₹45.33 Cr (FY 2024) | -8.0% | Surat, Gujarat, India |
To see the full peer comparison of Panghat Sarees Private Limited, buy the company report.
Auditor
Panghat Sarees Private Limited is audited by S.K. DHANANIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K. DHANANIA & CO. | FY 2023 | 008559C |
Shareholding
The shareholding of Panghat Sarees 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Panghat Sarees Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2025 | 101146659 | Indian Bank | ₹19 Lakh | Open | |
| 19 Jun 2025 | 101145969 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 24 Apr 2024 | 100905301 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 15 Jul 2013 | 10443559 | Hdfc Bank Limited | ₹4.8 Cr | Open | |
| 08 Jul 2009 | 10168951 | Bank of Baroda | ₹3 Cr | Satisfied |
To see the full charge records of Panghat Sarees Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Panghat Sarees Private Limited has 16 court cases on record: 15 filed by Panghat Sarees, 1 filed against it. 4 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 3 |
| High courts | 4 | 1 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against Poonam Designer Studio Pvt.Ltd. and 3 others | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against M/S Esatech System Pvt Ltd and 1 other | Disposed |
| High Court, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against individuals | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against individuals | Pending |
To see the full case history of Panghat Sarees 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 Panghat Sarees Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Panghat Sarees Private Limited has a workforce of 13 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Panghat Sarees has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCP6240P1ZW | West Bengal | Active | 03 Jul 2017 |
| 08AADCP6240P1ZZ | Rajasthan | Active | 18 Oct 2019 |
To see the full GST registrations and return filing status of Panghat Sarees Private Limited, buy the company report.
Recent activity
Panghat Sarees Private Limited has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Hari Kumar Saraf ceased to be Director on 27 Jan 2023.
7 earlier events are in the company report.
Frequently asked questions
Panghat Sarees is an active private limited company based in Kolkata, West Bengal, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 19 May 2003 (23+ years old) and is registered under CIN U51311WB2003PTC096220.
Panghat Sarees has 3 current directors:
- Anand Saraf - Director
- Nirmal Saraf - Director
- Pashupati Kumar Sarraf - Director
The latest financial statements of Panghat Sarees 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 Panghat Sarees is 19AADCP6240P1ZW, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AADCP6240P1ZZ (Rajasthan).
The CIN (Corporate Identification Number) of Panghat Sarees is U51311WB2003PTC096220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panghat Sarees has 16 court cases on record: 15 filed by the company and 1 filed against it. 4 are pending. Most are in the district courts.
Panghat Sarees was incorporated on 19 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Panghat Sarees by revenue are Suvidha Sarees India Private Limited, Garodia Creation Limited, Urvashi Sarees P Ltd, Chitrakar Apparels Pvt Ltd, Jagga Prints Private Limited, all in the Apparel industry (Ethnic Wear, Sarees), with the same principal business activity (wholesale trading).
Hari Kumar Saraf ceased to be Director on 27 Jan 2023. Nisha Saraf ceased to be Additional Director on 27 Jan 2023. Sarita Saraf ceased to be Additional Director on 27 Jan 2023. Panghat Sarees has 6 board changes on record in total.
Yes, Panghat Sarees is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0002565).
Panghat Sarees can be reached through the website panghatsarees.com. Its registered office is in Kolkata, West Bengal, India.

