MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-01-0005961
Parneet Textiles Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.03 Cr
▼ 6% YoY
Net profit · FY 2025
₹30,961
Net margin 0.1%
EBITDA · FY 2025
₹50.82 Lakh
EBITDA margin 8.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹9.24 Cr
Secured borrowings
Company age
33 yrs
Est. 1993
Employees · EPFO
2
Provident fund records
About Parneet Textiles Private Limited
Data last updated:
Parneet Textiles Private Limited is a private limited company based in Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PTC053543. Its GSTIN is 07AAACP1288Q1ZW (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Paramjit Singh (Managing Director) and Angad Singh Dhingra.
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 827/9 Krishna Cloth Market Chandni Chowk Delhi, Delhi, India – 110006.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.03 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹30,961 (net margin 0.1%) and EBITDA of ₹50.82 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.24 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it.
Parneet Textiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0005961). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website weaveitup.com.
Company details
CIN U74899DL1993PTC053543
Registration Number 053543
Incorporation Date 13 May 1993
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-01-0005961
Recognitions & Rankings of Parneet Textiles
Contact details
Parneet Textiles Private Limited's registered office is in Delhi, Delhi. Its website is weaveitup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address827/9 Krishna Cloth Market Chandni Chowk Delhi, Delhi, India – 110006
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Parneet Textiles Private Limited, buy the company report.
Comprehensive company report
Parneet Textiles 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 Parneet Textiles is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Parneet Textiles Private Limited, buy the company report.
Financials of Parneet Textiles Private Limited
FY 2024 filings availableParneet Textiles Private Limited reported revenue of ₹6.03 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹6.03 Cr ▼ 6%
Net profit · FY 2025
₹30,961 margin 0.1%
EBITDA · FY 2025
₹50.82 Lakh margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 1%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 4%
5 years · compounded
▼ 12%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 20% 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 | ₹50.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30,961 | ||||
| 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 | 8.4% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Parneet Textiles Private Limited, buy the company report.
Board of directors of Parneet Textiles Private Limited
Parneet Textiles has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Angad Singh Dhingra | Director | 21 Aug 2015 | 11 Years 2 Months | Current |
| Parneet Dhingra | Director | 01 Apr 2000 | 26 Years 7 Months | Current |
| Paramjit Singh | Managing Director | 13 May 1993 | 33 Years 5 Months | Current |
| Satvinder Kaur | Director | 13 May 1993 | 33 Years 5 Months | Current |
Auditor
Parneet Textiles Private Limited is audited by RAVI ASHOK & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI ASHOK & CO | FY 2023 | 552412 |
Shareholding
The shareholding of Parneet 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 Parneet Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.24 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2024 | 100999284 | Others | ₹5.09 Cr | Open | |
| 30 Sep 2015 | 100024956 | Others | ₹65 Lakh | Open | |
| 13 Mar 2010 | 10216980 | Punjab National Bank | ₹1 Cr | Open | |
| 02 Feb 2008 | 10090654 | Punjab National Bank | ₹5 Lakh | Open | |
| 14 Jun 2006 | 10008174 | Punjab National Bank | ₹1.45 Cr | Open |
Total charge records: 6 View all charges
Legal cases
Parneet Textiles Private Limited has 9 court cases on record: 3 filed by Parneet Textiles, 6 filed against it. All cases are disposed.
Total cases
9
Filed by the company
3
Filed against the company
6
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 6 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by Capital First Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Capital First Ltd | Disposed |
| District court, Central, Delhi | Court case (MCA SCJ) | Filed by the company against Capital First Ltd | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against Capital First Ltd | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed by the company against Capital First Ltd | Disposed |
To see the full case history of Parneet Textiles 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 Parneet Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parneet Textiles Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Parneet Textiles has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP1288Q1ZW | Delhi | Active | 26 Jul 2017 |
| 06AAACP1288Q1ZY | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parneet Textiles Private Limited, buy the company report.
Recent activity
Parneet Textiles Private Limited has 5 board changes on record since 1993: 4 appointments and 1 cessation. The latest: Angad Singh Dhingra ceased to be Additional Director on 30 Sep 2015.
Charges
A charge with Others amounted to Rs. 509.17 Lakh with Charge ID 100999284 was registered on 28 Oct 2024.
AGM
Parneet Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Parneet Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 65.00 Lakh with Charge ID 100024956 was registered on 30 Sep 2015.
Ceased
Angad Singh Dhingra ceased to be Additional Director.
Appointed
Angad Singh Dhingra was appointed as Director.
Charges
A charge with Punjab National Bank amounted to Rs. 100.00 Lakh with Charge ID 10216980 was registered on 13 Mar 2010.
Charges
A charge with Punjab National Bank amounted to Rs. 5.00 Lakh with Charge ID 10090654 was registered on 02 Feb 2008.
Charges
A charge with Punjab National Bank amounted to Rs. 145.00 Lakh with Charge ID 10008174 was registered on 14 Jun 2006.
Charges
A charge with Panjab National Bank amounted to Rs. 100.00 Lakh with Charge ID 10007552 was registered on 14 Jun 2006.
Appointed
Parneet Dhingra was appointed as Director.
Appointed
Paramjit Singh was appointed as Managing Director.
2 earlier events are in the company report.
Frequently asked questions
Parneet Textiles is an active private limited company based in Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 May 1993 (33+ years old) and is registered under CIN U74899DL1993PTC053543.
Parneet Textiles has 4 current directors:
- Paramjit Singh - Managing Director
- Angad Singh Dhingra - Director
- Parneet Dhingra - Director
- Satvinder Kaur - Director
The latest financial statements of Parneet 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 Parneet Textiles is 07AAACP1288Q1ZW, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAACP1288Q1ZY (Haryana).
The CIN (Corporate Identification Number) of Parneet Textiles is U74899DL1993PTC053543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parneet Textiles has 9 court cases on record: 3 filed by the company and 6 filed against it. Most are in the district courts.
Parneet Textiles was incorporated on 13 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
Angad Singh Dhingra ceased to be Additional Director on 30 Sep 2015. Angad Singh Dhingra was appointed as Director on 21 Aug 2015. Parneet Dhingra was appointed as Director on 01 Apr 2000. Parneet Textiles has 5 board changes on record in total.
Yes, Parneet Textiles is registered as a small enterprise under Udyam registration (number: UDYAM-DL-01-0005961).
Parneet Textiles can be reached through the website weaveitup.com. Its registered office is in Delhi, India.
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