MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0016068
Piyush Fabrics Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.94 Cr
▼ 52% YoY
Net profit · FY 2025
₹51.64 Lakh
Net margin 2.4%
EBITDA · FY 2025
₹1.1 Cr
EBITDA margin 5%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.38 Cr
Issued & subscribed
Open charges
₹20.06 Cr
Satisfied ₹89.06 Lakh
Company age
36 yrs
Est. 1990
Employees · EPFO
36
Provident fund records
About Piyush Fabrics Private Limited
Data last updated:
Piyush Fabrics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 April 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1990PTC056069. Its GSTIN is 27AABCP4935H1ZC (Maharashtra).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.38 Cr. It is led by directors including Piyush Agarwala and Niraj Bhimseria.
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 2 Dadiseth Agyari Lane 1 Stfloor, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.94 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹51.64 Lakh (net margin 2.4%) and EBITDA of ₹1.1 Cr (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 6% over five years.
The company has about 36 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹20.06 Cr and satisfied charges of ₹89.06 Lakh on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
Piyush Fabrics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0016068). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piyushfabrics.com.
Company details
CIN U17120MH1990PTC056069
Registration Number 056069
Incorporation Date 04 April 1990
ROC Mumbai
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-MH-33-0016068
CIN history
Piyush Fabrics has one previous CIN (Corporate Identification Number): U17120MH2004PTC056069. The current CIN is U17120MH1990PTC056069, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120MH1990PTC056069 | Current |
| U17120MH2004PTC056069 | Previous |
Recognitions & Rankings of Piyush Fabrics
Contact details
Piyush Fabrics Private Limited's registered office is in Mumbai, Maharashtra. Its website is piyushfabrics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2 Dadiseth Agyari Lane 1 Stfloor, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Piyush Fabrics Private Limited, buy the company report.
Comprehensive company report
Piyush Fabrics 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 Piyush 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 Piyush Fabrics Private Limited, buy the company report.
Financials of Piyush Fabrics Private Limited
FY 2024 filings availablePiyush Fabrics Private Limited reported revenue of ₹21.94 Cr (down 52% YoY) for FY 2025.
Revenue · FY 2025
₹21.94 Cr ▼ 52%
Net profit · FY 2025
₹51.64 Lakh margin 2.4%
EBITDA · FY 2025
₹1.1 Cr margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 52%
3 years · compounded
▼ 20%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 13%
5 years · compounded
▼ 6%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 52% fall in the latest year. EBITDA fell 36% 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 | ₹1.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51.64 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 Piyush Fabrics Private Limited, buy the company report.
Board of directors of Piyush Fabrics Private Limited
Piyush Fabrics has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Agarwala | Director | 16 Apr 2008 | 18 Years 6 Months | Current |
| Niraj Bhimseria | Director | 15 Jul 2015 | 11 Years 3 Months | Current |
| Jagdish Prasad Chandak Also directs: Ample Villa Private Limited | Director | 14 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
Piyush Fabrics Private Limited is compared with the 5 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Nath Syncot (India) Private Limited | ₹21.94 Cr (FY 2022) | 16.0% | Punjab, India | |||
| Fida Filaments Private Limited | ₹21.94 Cr (FY 2025) | -1.0% | Kanyakumari-Dist, Tamil Nadu, India | |||
| Shivam Sulz Private Limited | ₹21.94 Cr (FY 2025) | 64.0% | Bhilwara, Rajasthan, India | |||
| Piyush Fabrics Private Limitedthis company | ₹21.94 Cr (FY 2025) | ₹51.64 Lakh | 2.4% | -52.0% | 36 | Mumbai, Maharashtra, India |
| Primera Sulz Private Limited | ₹21.92 Cr (FY 2025) | 1.0% | Rajasthan, India | |||
| Spangle Homes Private Limited | ₹21.92 Cr (FY 2025) | 56.0% | Panipat, Haryana, India |
To see the full peer comparison of Piyush Fabrics Private Limited, buy the company report.
Auditor
Piyush Fabrics Private Limited is audited by S.B.Dhudhawat & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.B.Dhudhawat & Co. | FY 2023 | 102774W |
Shareholding
The shareholding of Piyush Fabrics 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 Piyush Fabrics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.06 Cr
Satisfied charges
₹89.06 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2025 | 101129962 | Others | ₹13.5 Cr | Open | |
| 22 Mar 2017 | 100116149 | Others | ₹5 Cr | Open | |
| 24 Mar 2011 | 10278888 | Canara Bank | ₹1.56 Cr | Open | |
| 27 Jul 2021 | 100471323 | Others | ₹89.06 Lakh | Satisfied |
To see the full charge records of Piyush Fabrics Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Piyush Fabrics Private Limited has 5 court cases on record: 2 filed by Piyush Fabrics, 3 filed against it. All cases are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CARAP) | Filed against the company by Hitesh Coal Traders RVJ Associates | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M. P. Hule, Inspector Maha. Pvt. Security Guard | Disposed |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against State of Manpada Police Station | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Piyush 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
Piyush Fabrics Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 42 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pine Trading Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Balaji Enterprises | |||
| an individual supplier |
To see the full MSME payment records of Piyush Fabrics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Piyush Fabrics has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Rajlaxmi Processors Private Limited | U17118MH1980PTC022237 |
To see the full group structure of Piyush Fabrics Private Limited, buy the company report.
Employees & EPFO
Piyush Fabrics Private Limited has a workforce of 36 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
36
Active EPFO establishments
1
Employee growth
5.88%
GST
Piyush Fabrics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP4935H1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Piyush Fabrics Private Limited, buy the company report.
Recent activity
Piyush Fabrics Private Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Brahmanand Agarwala ceased to be Director on 06 Jun 2016.
Charges
A charge with Others amounted to Rs. 13.50 Cr with Charge ID 101129962 was registered on 18 Jun 2025.
Charges
A charge registered on 27 Jul 2021 via Charge ID 100471323 with Others was fully satisfied on 11 Apr 2025.
AGM
Piyush Fabrics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Piyush Fabrics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 0.89 Cr registered on 27 Jul 2021 with Charge ID 100471323 was modified on 17 Aug 2021.
Charges
A charge with Others amounted to Rs. 0.89 Cr with Charge ID 100471323 was registered on 27 Jul 2021.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100116149 was registered on 22 Mar 2017.
Ceased
Brahmanand Agarwala ceased to be Director.
Charges
A charge with Canara Bank of Rs. 1.56 Cr registered on 24 Mar 2011 with Charge ID 10278888 was modified on 18 Dec 2015.
Ceased
Nirmal Kumar Agarwala ceased to be Director.
Ceased
Saroj Kumar Agarwal ceased to be Director.
Appointed
Niraj Bhimseria was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Piyush Fabrics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 04 April 1990 (36+ years old) and is registered under CIN U17120MH1990PTC056069.
Piyush Fabrics has 3 current directors:
- Piyush Agarwala - Director
- Niraj Bhimseria - Director
- Jagdish Prasad Chandak - Director
The latest financial statements of Piyush Fabrics 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 Piyush Fabrics is 27AABCP4935H1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Piyush Fabrics is U17120MH1990PTC056069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piyush Fabrics has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Piyush Fabrics was incorporated on 04 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Piyush Fabrics by revenue are Shree Nath Syncot (India) Private Limited, Fida Filaments Private Limited, Shivam Sulz Private Limited, Primera Sulz Private Limited, Spangle Homes Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Brahmanand Agarwala ceased to be Director on 06 Jun 2016. Nirmal Kumar Agarwala ceased to be Director on 03 Aug 2015. Saroj Kumar Agarwal ceased to be Director on 03 Aug 2015. Piyush Fabrics has 6 board changes on record in total.
Yes, Piyush Fabrics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0016068).
Piyush Fabrics has 2 MSME Form 1 returns on record between 2019 and 2020, listing 42 overdue payments to 15 micro and small suppliers. The latest return was filed on 01 Oct 2020.
Piyush Fabrics can be reached through the website piyushfabrics.com. Its registered office is in Mumbai, Maharashtra, India.
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