Parakh Spinners Private Limited
About Parakh Spinners Private Limited
Data last updated:
Parakh Spinners Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile weaving segment of the textiles sector. It was incorporated on 03 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17111MP1997PTC012424.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹17.69 Lakh. It is led by directors including Sushila Bai Parakh and Pradeep Kumar Parakh.
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 1st Floor Shekhawati Circle 198 – M.T.Cloth Market, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.49 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹91,016 (net margin -7.3%) and EBITDA of -₹91,016 (EBITDA margin -7.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 69% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address1st Floor Shekhawati Circle 198 – M.T.Cloth Market, Indore, Madhya Pradesh, India – 452001
- IndustryTextile, Textile Weaving, Cotton Fiber, Spinning & Weaving
- 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 of Parakh Spinners Private Limited
The main business activity of Parakh Spinners is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Parakh Spinners Private Limited FY 2025 filings available
Parakh Spinners Private Limited reported revenue of ₹12.49 Lakh (up 174% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Parakh Spinners Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 174% growth in the latest year. EBITDA fell 164% 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 of Parakh Spinners Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹91,016 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹91,016 | •••• | •••• | •••• | •••• |
| 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 of Parakh Spinners Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Parakh Spinners are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Parakh Spinners Private Limited
Parakh Spinners has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushila Bai Parakh | Director | 10 Jan 2002 | 24 Years 9 Months | Current |
| Pradeep Kumar Parakh | Director | 10 Jan 2002 | 24 Years 9 Months | Current |
| Sandeep Kumar Parakh | Director | 03 Nov 1997 | 28 Years 11 Months | Current |
Peer Comparison of Parakh Spinners Private Limited
Parakh Spinners Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amancer Medicament Private Limited | ₹12.5 Lakh (FY 2024) | •••• | •••• | 39.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Bhayana Electronic Industries Private Limited | ₹12.49 Lakh (FY 2024) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Norin Business Network Private Limited | ₹12.49 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Coimbatore, Tamil Nadu, India |
| Pickle Yolk Books (OPC) Private Limited | ₹12.49 Lakh (FY 2025) | •••• | •••• | 73.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Kalinjar Naraini Farmer Producer Company Limited | ₹12.49 Lakh (FY 2025) | •••• | •••• | 364.0% | •••• | Banda, Uttar Pradesh, India |
| Parakh Spinners Private Limited this company | ₹12.49 Lakh (FY 2024) | •••• | •••• | 174.0% | •••• | Indore, Madhya Pradesh, India |
| Sure-Life Pharmaceuticals Private Limited | ₹12.48 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Lucknow, Uttar Pradesh, India |
| Envention IT and Security Solutions Private Limited | ₹12.48 Lakh (FY 2023) | •••• | •••• | 36.0% | •••• | Gurugram, Haryana, India |
| Aksilon Metal India Private Limited | ₹12.48 Lakh (FY 2019) | •••• | •••• | •••• | Dhule, Maharashtra, India | |
| Kalptaru Universal Private Limited | ₹12.48 Lakh (FY 2020) | •••• | •••• | •••• | Kanpur, Uttar Pradesh, India | |
| Pre Agro Private Limited | ₹12.48 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Chidambaram, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Parakh Spinners by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Parakh Spinners Private Limited
Parakh Spinners Private Limited is audited by PANKAJ RATHI AND ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PANKAJ RATHI AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Parakh Spinners Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Parakh Spinners Private Limited
Parakh Spinners Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parakh Spinners Private Limited
Employment history and EPFO contributions of people linked to Parakh Spinners.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Parakh Spinners Private Limited
Parakh Spinners Private Limited has 3 board changes on record since 1997: 3 appointments. The latest: Pradeep Kumar Parakh was appointed as Director on 10 Jan 2002.
Credit Ratings, Litigation & Regulatory Alerts for Parakh Spinners Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Parakh Spinners Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Parakh Spinners Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Parakh Spinners Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Parakh Spinners Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Parakh Spinners Private Limited
Parakh Spinners is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile weaving, within the textile industry. It was incorporated on 03 November 1997 (29+ years old) and is registered under CIN U17111MP1997PTC012424.
Parakh Spinners reported revenue of ₹12.49 Lakh for FY 2024 (up 174% YoY).
Parakh Spinners has 3 current directors:
- Sushila Bai Parakh - Director
- Pradeep Kumar Parakh - Director
- Sandeep Kumar Parakh - Director
Parakh Spinners reported a net loss of ₹91,016 (net margin -7.3%) and EBITDA of -₹91,016 (EBITDA margin -7.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parakh Spinners is -17% over three years and 69% over five years. In the latest year (FY 2024) revenue rose 174%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Parakh Spinners is U17111MP1997PTC012424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parakh Spinners was incorporated on 03 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Parakh Spinners by revenue are Amancer Medicament Private Limited, Bhayana Electronic Industries Private Limited, Norin Business Network Private Limited, Pickle Yolk Books (OPC) Private Limited, Kalinjar Naraini Farmer Producer Company Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Pradeep Kumar Parakh was appointed as Director on 10 Jan 2002. Sushila Bai Parakh was appointed as Director on 10 Jan 2002. Sandeep Kumar Parakh was appointed as Director on 03 Nov 1997.
The registered office of Parakh Spinners is at 1st Floor Shekhawati Circle 198 – M.T.Cloth Market, Indore, Madhya Pradesh, India – 452001.
Parakh Spinners has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹17.69 Lakh.