About Parikh Fabrics Private Limited
Data last updated:
Parikh Fabrics Private Limited is a private limited company based in Hyderabad, Telangana, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 04 June 2002.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U17219TG2002PTC039072. Its GSTIN is 36AACCP5359E1ZE (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹14.5 Cr and a paid-up capital of ₹14.18 Cr. It is led by directors Nikhil Brij Kumar Parikh (Managing Director) and Rita Brijkumar.
Its last annual general meeting (AGM) was held on 31 October 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at H.No.4 – 3 – 338 Bank Street Hyderabad 500 095, Telangana, India – 500095.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.33 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹17.23 Cr (net margin -271.9%) and EBITDA of -₹6 Cr (EBITDA margin -94.7%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹98.49 Cr on record. Court records list 29 cases involving the company, including 5 filed by the company and 25 filed against it; 4 cases are pending.
The last known website on record is parikhfabrics.com.
Company details
CIN history
Parikh Fabrics has one previous CIN (Corporate Identification Number): U17219AP2002PTC039072. The current CIN is U17219TG2002PTC039072, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17219TG2002PTC039072 | Current |
| U17219AP2002PTC039072 | Previous |
Contact details
Parikh Fabrics Private Limited's registered office is in Hyderabad, Telangana. Its website is parikhfabrics.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressH.No.4 – 3 – 338 Bank Street Hyderabad 500 095, Telangana, India – 500095
- IndustryFashion and Textile, Innerwear
To see the full contact details of Parikh Fabrics 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 Parikh Fabrics 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 Parikh Fabrics Private Limited, buy the company report.
Financials of Parikh Fabrics Private Limited
FY 2019 filings availableParikh Fabrics Private Limited reported revenue of ₹6.33 Cr (down 47% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 47% fall in the latest year. EBITDA fell 243% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹6.33 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.23 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -94.7% | ||||
| Net Profit Margin | -271.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Parikh Fabrics Private Limited, buy the company report.
Board of directors of Parikh Fabrics Private Limited
Parikh Fabrics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Brij Kumar Parikh Also directs: Rrahini Fashions Private Limited | Managing Director | 04 Jun 2002 | 24 Years 4 Months | As last reported |
| Rita Brijkumar Also directs: Rrahini Fashions Private Limited | Director | 04 Jun 2002 | 24 Years 4 Months | As last reported |
Peer comparison
Parikh Fabrics Private Limited is compared with the 9 companies closest to it by revenue in the Apparel industry (Inner Wear), 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 |
|---|---|---|---|---|---|---|
| Shree Ponkaliamman Kints Private Limited | ₹7.14 Cr (FY 2024) | -25.0% | Tirupur, Tamil Nadu, India | |||
| Toplight Brands Private Limited | ₹7.01 Cr (FY 2023) | 44.0% | Tiruppur, Tamil Nadu, India | |||
| Mybra Apparels India Private Limited | ₹6.73 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Diamond Hosiery Mills Pvt Ltd | ₹6.44 Cr (FY 2024) | 1.0% | Ludhiana, Punjab, India | |||
| Atam Textiles Private Limited | ₹6.35 Cr (FY 2025) | 4.0% | Ludhiana, Punjab, India | |||
| Parikh Fabrics Private Limitedthis company | ₹6.33 Cr (FY 2019) | -₹17.23 Cr | -271.9% | -47.0% | 36 | Hyderabad, Telangana, India |
| Confidence Clothing Private Limited | ₹6.31 Cr (FY 2025) | 1669.0% | Ludhiana, Punjab, India | |||
| Dudheria Tex Tile Pvt. Ltd. | ₹6.21 Cr (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Virat Knitwears Private Limited | ₹5.85 Cr (FY 2024) | -36.0% | Ludhiana, Punjab, India | |||
| Finerich Knitwear Private Limited | ₹5.67 Cr (FY 2024) | 45.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Parikh Fabrics Private Limited, buy the company report.
Auditor
Parikh Fabrics Private Limited is audited by JAYANT & SADASHIV for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYANT & SADASHIV | FY 2019 | 001297S |
Shareholding
The shareholding of Parikh Fabrics Private Limited is on record for 5 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parikh Fabrics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2004 | 90260062 | State Bank of India | ₹90.49 Cr | Open | |
| 07 Jan 2004 | 80004038 | Punjab National Bank Kothi Branch | ₹8 Cr | Open |
To see the full charge records of Parikh Fabrics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Parikh Fabrics Private Limited has 29 court cases on record: 5 filed by Parikh Fabrics, 25 filed against it. 4 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 1 |
| High courts | 7 | 5 | 2 |
| NCLT | 3 | 1 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Insolvency matter | Filed against the company by Parikh Fabrics Pvt. Ltd and 1 other | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed by the company against Parikh Fabrics Private Limited | Disposed |
| District court, New Delhi, Delhi | Court case (Cr Cases) | Filed against the company by Ms Alps Industries Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against Gokak Textiles Ltd., | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Mr. Chetan Vasudevbhai Mashruwala Director of Viken Tape Pvt. Ltd. | Disposed |
To see the full case history of Parikh Fabrics 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 Parikh Fabrics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parikh Fabrics Private Limited has a workforce of 36 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Parikh Fabrics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCP5359E1ZE | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parikh Fabrics Private Limited, buy the company report.
Recent activity
Parikh Fabrics Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Ankit Parikh Brijkumar ceased to be Director on 01 May 2013.
Frequently asked questions
Parikh Fabrics is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Parikh Fabrics is a company under liquidation, formerly operating as a private limited company based in Hyderabad, Telangana, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 04 June 2002 and is registered under CIN U17219TG2002PTC039072. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Parikh Fabrics has 2 current directors:
- Nikhil Brij Kumar Parikh - Managing Director
- Rita Brijkumar - Director
The latest financial statements of Parikh Fabrics on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 31 October 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Parikh Fabrics is U17219TG2002PTC039072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parikh Fabrics has open charges of ₹98.49 Cr and no satisfied charges on record as per latest MCA filings.
Parikh Fabrics has 29 court cases on record: 5 filed by the company and 25 filed against it. 4 are pending. Most are in the district courts.
Parikh Fabrics was incorporated on 04 June 2002. It is registered with the Registrar of Companies, Hyderabad.
The peers of Parikh Fabrics by revenue are Shree Ponkaliamman Kints Private Limited, Toplight Brands Private Limited, Mybra Apparels India Private Limited, Diamond Hosiery Mills Pvt Ltd, Atam Textiles Private Limited and 4 more, all in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products).
Ankit Parikh Brijkumar ceased to be Director on 01 May 2013. Veena Bajaj ceased to be Additional Director on 13 Oct 2012. Nikhil Brij Kumar Parikh was appointed as Managing Director on 04 Jun 2002. Parikh Fabrics has 4 board changes on record in total.
Parikh Fabrics can be reached through the website parikhfabrics.com. Its registered office is in Hyderabad, Telangana, India.