Parasnath Industries Private Limited

Parasnath Industries Private Limited - manufacturing in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U17111MH2003PTC141979 Incorporated 01 September 2003 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹29.86 Cr
▲ 186% YoY
Net profit · FY 2024
₹15.68 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹2.38 Cr
EBITDA margin 8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.67 Cr
Issued & subscribed
Open charges
₹16.98 Cr
Satisfied ₹10.49 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
8
Provident fund records

About Parasnath Industries Private Limited

Data last updated:

Parasnath Industries Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 September 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17111MH2003PTC141979. Its GSTIN is 27AADCP2984L2ZV (Maharashtra). The company holds 5 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.67 Cr. It was formerly known as Parasnath Ginned Cotton Private Limited. It is led by directors including Anish Shah (Managing Director) and Haresh Shah.

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 Plot No. 58 Flat No. 301 Shiddhi Vinayak Apptr. Farm Land Layout Ramdas Peth Nagpur, Maharashtra, India – 440010.

As per the financials filed for FY 2024, the company reported a revenue of ₹29.86 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.68 Lakh (net margin 0.5%) and EBITDA of ₹2.38 Cr (EBITDA margin 8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.

The company has about 8 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹16.98 Cr and satisfied charges of ₹10.49 Cr on record.

Parasnath Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0022804). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parasnathindustries.com.

Company details

CIN U17111MH2003PTC141979
Registration Number 141979
Incorporation Date 01 September 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-20-0022804

Recognitions & Rankings of Parasnath Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-20-0022804

Contact details

Parasnath Industries Private Limited's registered office is in Nagpur, Maharashtra. Its website is parasnathindustries.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No. 58 Flat No. 301 Shiddhi Vinayak Apptr. Farm Land Layout Ramdas Peth Nagpur, Maharashtra, India – 440010
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Parasnath Industries Private Limited, buy the company report.

Comprehensive company report
Parasnath Industries 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 Parasnath Industries 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 Parasnath Industries Private Limited, buy the company report.

Financials of Parasnath Industries Private Limited

FY 2025 filings available

Parasnath Industries Private Limited reported revenue of ₹29.86 Cr (up 186% YoY) for FY 2024.

Revenue · FY 2024
₹29.86 Cr ▲ 186%
Net profit · FY 2024
₹15.68 Lakh margin 0.5%
EBITDA · FY 2024
₹2.38 Cr margin 8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 186%
3 years · compounded
▲ 9%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 263%
3 years · compounded
▲ 16%
5 years · compounded
▲ 24%

Revenue rose 186% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 263% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.38 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.68 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8%
Net Profit Margin0.5%
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 Parasnath Industries Private Limited, buy the company report.

Board of directors of Parasnath Industries Private Limited

Parasnath Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anish ShahManaging Director15 Jul 200521 Years 3 MonthsCurrent
Haresh ShahDirector01 Sep 200323 Years 1 MonthsCurrent
Kalpesh ShahDirector01 Oct 200620 Years 0 MonthsCurrent

Peer comparison

Parasnath Industries Private Limited is compared with the 7 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
Jaya Nachiar Textile Mills Private Limited₹29.95 Cr (FY 2025)-3.0%Chatrapatti, Tamil Nadu, India
Kadmawala Textile Mills Private Limited₹29.94 Cr (FY 2025)-54.0%Ahmedabad, Gujarat, India
Goldmohur Design and Apparel Park Limited₹29.9 Cr (FY 2023)-37.0%Mumbai, Maharashtra, India
Parasnath Industries Private Limitedthis company₹29.86 Cr (FY 2024)₹15.68 Lakh0.5%186.0%8Nagpur, Maharashtra, India
Chamaria Fashions Private Limited₹29.83 Cr (FY 2025)22.0%Ahmedabad, Gujarat, India
Ambika Knits Private Limited₹29.83 Cr (FY 2024)-2.0%New Delhi, Delhi, India
Hem Knitwears Private Limited₹29.81 Cr (FY 2025)15.0%Punjab, India
Alinaa Technical Textile Private Limited₹29.79 Cr (FY 2024)4.0%Tiruppur, Tamil Nadu, India

To see the full peer comparison of Parasnath Industries Private Limited, buy the company report.

Auditor

Parasnath Industries Private Limited is audited by MAYUR DOSHI & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MAYUR DOSHI & COFY 2023122564W

Shareholding

The shareholding of Parasnath Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Parasnath Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹16.98 Cr
Satisfied charges
₹10.49 Cr
Breakdown by lending institutions
State Bank of India₹16.98 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Dec 2019100313821State Bank of India₹16.98 CrOpen
16 Sep 200580017164State Bank of India₹10.49 CrSatisfied

To see the full charge records of Parasnath Industries Private Limited, buy the company report.

Total charge records: 2 View all charges

Credit ratings & regulatory alerts

Parasnath Industries Private Limited was last rated by Care on 10 Dec 2018.

Rating agencyRated onRating
Care10 Dec 2018

To see the full credit ratings and regulatory alerts of Parasnath Industries Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Parasnath Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Parasnath Industries Private Limited has a workforce of 8 employees on its EPFO records as of Apr 02, 2024, across 2 active EPFO establishments.

Employee count
8
Active EPFO establishments
2
Employee growth
700%

GST

Parasnath Industries has 5 GST registrations: 2 active and 3 cancelled or inactive.

Total GSTINs
5
Active
2
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AADCP2984L2ZVMaharashtraActive05 Nov 2018
23AADCP2984L2Z3Madhya PradeshActive01 Jul 2017

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

Recent activity

Parasnath Industries Private Limited has 5 board changes on record since 2003: 4 appointments and 1 cessation. The latest: Hemendra Keshvaji Shah ceased to be Director on 15 Nov 2021.

AGM
Parasnath Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Parasnath Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with State Bank Of India of Rs. 16.98 Cr registered on 27 Dec 2019 with Charge ID 100313821 was modified on 24 Feb 2022.
Ceased
Hemendra Keshvaji Shah ceased to be Director.
Charges
A charge registered on 16 Sep 2005 via Charge ID 80017164 with State Bank Of India was fully satisfied on 16 Jan 2020.
Charges
A charge with State Bank Of India amounted to Rs. 16.98 Cr with Charge ID 100313821 was registered on 27 Dec 2019.
Charges
A charge with State Bank Of India of Rs. 10.49 Cr registered on 16 Sep 2005 with Charge ID 80017164 was modified on 13 Feb 2009.
Appointed
Kalpesh Shah was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 10.49 Cr with Charge ID 80017164 was registered on 16 Sep 2005.
Appointed
Anish Shah was appointed as Managing Director.
Appointed
Haresh Shah was appointed as Director.
Appointed
Hemendra Keshvaji Shah was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Parasnath Industries is an active private limited company based in Nagpur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 September 2003 (23+ years old) and is registered under CIN U17111MH2003PTC141979.

Parasnath Industries has 3 current directors:

The latest financial statements of Parasnath Industries 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 GSTIN of Parasnath Industries is 27AADCP2984L2ZV, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 23AADCP2984L2Z3 (Madhya Pradesh).

The CIN (Corporate Identification Number) of Parasnath Industries is U17111MH2003PTC141979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Parasnath Industries was incorporated on 01 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Parasnath Industries by revenue are Jaya Nachiar Textile Mills Private Limited, Kadmawala Textile Mills Private Limited, Goldmohur Design and Apparel Park Limited, Chamaria Fashions Private Limited, Ambika Knits Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Hemendra Keshvaji Shah ceased to be Director on 15 Nov 2021. Kalpesh Shah was appointed as Director on 01 Oct 2006. Anish Shah was appointed as Managing Director on 15 Jul 2005. Parasnath Industries has 5 board changes on record in total.

Yes, Parasnath Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0022804).

Parasnath Industries can be reached through the website parasnathindustries.com. Its registered office is in Nagpur, Maharashtra, India.

The registered office of Parasnath Industries is at Plot No. 58 Flat No. 301 Shiddhi Vinayak Apptr. Farm Land Layout Ramdas Peth Nagpur, Maharashtra, India – 440010.