MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-20-0003815
Pearl Bag Factory LLP - home & lifestyle in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹22.56 Cr
▲ 8% YoY
Net profit · FY 2024
₹5.35 Cr
Net margin 23.7%
EBITDA · FY 2024
₹4.66 Cr
EBITDA margin 20.7%
Contribution obligation
₹10 Lakh
As per LLP agreement
Open charges
₹99 Lakh
Secured borrowings
LLP age
13 yrs
Est. 2013
Employees · EPFO
28
Provident fund records
Designated partners
2
As per MCA filings
About Pearl Bag Factory LLP
Data last updated:
Pearl Bag Factory LLP is a limited liability partnership (LLP) based in Rajkot, Gujarat, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 11 December 2013 and has been in existence for over 13 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAB-9240. Its GSTIN is 24AAPFP6666C1Z0 (Gujarat).
The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners Deepa Bharat Motiani and Bharat Ishwardas Motiani.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at A 2/6 GIDC Aji Estate Bhavnagar Road, Rajkot, Gujarat, India – 360005.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹22.56 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹5.35 Cr (net margin 23.7%) and EBITDA of ₹4.66 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The LLP has about 28 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Cotton Bags India. As per MCA filings, the LLP has open charges of ₹99 Lakh on record. Court records list 2 cases involving the LLP, including 2 filed against it; 2 cases are pending.
Pearl Bag Factory LLP is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0003815). For more details, the LLP can be reached via its website cottonbagfactory.com.
Company details
LLPIN AAB-9240
Incorporation Date 11 December 2013
Total Obligation of Contribution ₹10 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-GJ-20-0003815
Recognitions & Rankings of Pearl Bag Factory
Contact details
Pearl Bag Factory LLP's registered office is in Rajkot, Gujarat. Its website is cottonbagfactory.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA 2/6 GIDC Aji Estate Bhavnagar Road, Rajkot, Gujarat, India – 360005
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Pearl Bag Factory LLP, buy the company report.
Comprehensive company report
Pearl Bag Factory LLP - 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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Secure checkout · GST invoice included
Brands
Pearl Bag Factory operates one associated brand: Cotton Bags India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of cotton and canvas bags, along with related products, in India. | cottonbagfactory.com |
Financials of Pearl Bag Factory LLP
FY 2025 filings availablePearl Bag Factory LLP reported revenue of ₹22.56 Cr (up 8% YoY) for FY 2024.
Revenue · FY 2024
₹22.56 Cr ▲ 8%
Net profit · FY 2024
₹5.35 Cr margin 23.7%
EBITDA · FY 2024
₹4.66 Cr margin 20.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years, including 8% growth in the latest year. EBITDA rose 22% 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
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹22.56 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹5.35 Cr | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 23.7% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Pearl Bag Factory LLP, buy the company report.
Designated partners of Pearl Bag Factory LLP
Pearl Bag Factory has 2 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepa Bharat Motiani | Designated Partner | 11 Dec 2013 | 12 Years 10 Months | Current |
| Bharat Ishwardas Motiani Also directs: Megaforge Pvt Ltd | Designated Partner | 11 Dec 2013 | 12 Years 10 Months | Current |
Charges & borrowings
Open charges
₹99 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2022 | 100623553 | Hdfc Bank Limited | ₹99 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Pearl Bag Factory LLP has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed against the company by an individual | Pending |
To see the full case history of Pearl Bag Factory LLP, 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 Pearl Bag Factory LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pearl Bag Factory LLP has a workforce of 28 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
12%
GST
Pearl Bag Factory has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPFP6666C1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pearl Bag Factory LLP, buy the company report.
Recent activity
Pearl Bag Factory LLP has 2 designated partner changes on record since 2013: 2 appointments. The latest: Bharat Ishwardas Motiani was appointed as Designated Partner on 11 Dec 2013.
AGM
Pearl Bag Factory Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Pearl Bag Factory Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 99.00 Lakh with Charge ID 100623553 was registered on 06 Jun 2022.
Appointed
Bharat Ishwardas Motiani was appointed as Designated Partner.
Appointed
Deepa Bharat Motiani was appointed as Designated Partner.
Incorporation
11 Dec 2013
Pearl Bag Factory Llp was registered on 11 Dec 2013 with Roc Ahmedabad & aged 12 years 10 months as per MCA records.
Frequently asked questions
Pearl Bag Factory is an active limited liability partnership based in Rajkot, Gujarat, India. The LLP works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 11 December 2013 (13+ years old) and is registered under LLPIN AAB-9240.
Pearl Bag Factory has 2 current designated partners:
- Deepa Bharat Motiani - Designated Partner
- Bharat Ishwardas Motiani - Designated Partner
The latest financial statements of Pearl Bag Factory on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pearl Bag Factory is 24AAPFP6666C1Z0, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Pearl Bag Factory is AAB-9240. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Pearl Bag Factory has 2 court cases on record: 2 filed against it. 2 are pending.
Pearl Bag Factory was incorporated on 11 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bharat Ishwardas Motiani was appointed as Designated Partner on 11 Dec 2013. Deepa Bharat Motiani was appointed as Designated Partner on 11 Dec 2013.
Yes, Pearl Bag Factory is registered as an MSME under Udyam registration (number: UDYAM-GJ-20-0003815).
Pearl Bag Factory can be reached through the website cottonbagfactory.com. Its registered office is in Rajkot, Gujarat, India.
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