Pragati Fabrics Private Limited

Pragati Fabrics Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51310MH1992PTC065007 Incorporated 23 January 1992 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2025
₹13.76 Cr
▼ 9% YoY
Net profit · FY 2025
₹77,964
Net margin 0.1%
EBITDA · FY 2025
₹1.38 Cr
EBITDA margin 10%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹67.72 Lakh
Issued & subscribed
Open charges
₹5.7 Cr
Satisfied ₹11.56 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
4
Provident fund records

About Pragati Fabrics Private Limited

Data last updated:

Pragati 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 23 January 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51310MH1992PTC065007. Its GSTIN is 08AAACK4493L1Z4 (Rajasthan).

The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹67.72 Lakh. It was formerly known as Kawar Fabrics Private Limited. It is led by directors Gautamchand Kawar and Ritesh Kawar.

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 212 2nd Floor Daulat Bhavan 407 Kalbadevi Road, Mumbai, Maharashtra, India – 400002.

As per the financials filed for FY 2025, the company reported a revenue of ₹13.76 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹77,964 (net margin 0.1%) and EBITDA of ₹1.38 Cr (EBITDA margin 10%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 4% over five years.

The company has about 4 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹5.7 Cr and satisfied charges of ₹11.56 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 1 case is pending.

Pragati Fabrics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-26-0003289). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51310MH1992PTC065007
Registration Number 065007
Incorporation Date 23 January 1992
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-RJ-26-0003289

Recognitions & Rankings of Pragati Fabrics

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-RJ-26-0003289

Contact details

Pragati Fabrics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    212 2nd Floor Daulat Bhavan 407 Kalbadevi Road, Mumbai, Maharashtra, India – 400002
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Pragati Fabrics Private Limited, buy the company report.

Comprehensive company report
Pragati 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 Pragati Fabrics 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 Pragati Fabrics Private Limited, buy the company report.

Financials of Pragati Fabrics Private Limited

FY 2024 filings available

Pragati Fabrics Private Limited reported revenue of ₹13.76 Cr (down 9% YoY) for FY 2025.

Revenue · FY 2025
₹13.76 Cr ▼ 9%
Net profit · FY 2025
₹77,964 margin 0.1%
EBITDA · FY 2025
₹1.38 Cr margin 10%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 12%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 1%
5 years · compounded
▼ 2%

Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 9% fall in the latest year. EBITDA rose 7% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.38 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹77,964
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10%
Net Profit Margin0.1%
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 Pragati Fabrics Private Limited, buy the company report.

Board of directors of Pragati Fabrics Private Limited

Pragati Fabrics has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gautamchand KawarDirector30 Sep 200422 Years 0 MonthsCurrent
Ritesh KawarDirector12 Mar 201511 Years 7 MonthsCurrent

Peer comparison

Pragati Fabrics 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
Anandtex India Private Limited₹13.8 Cr (FY 2024)2333.0%Panipat, Haryana, India
Chandak Spinning Private Limited₹13.79 Cr (FY 2025)0.0%Bikaner, Rajasthan, India
Formative Fashions Private Limited₹13.79 Cr (FY 2025)-9.0%Surat, Gujarat, India
Super-Laxmi Yarntex Pvt Ltd₹13.78 Cr (FY 2025)37.0%Surat, Gujarat, India
Pragati Fabrics Private Limitedthis company₹13.76 Cr (FY 2025)₹77,9640.1%-9.0%4Mumbai, Maharashtra, India
Yellows Spun and Linens Private Limited₹13.74 Cr (FY 2018)-21.0%Mumbai, Maharashtra, India
Sharad Textiles Private Limited₹13.74 Cr (FY 2025)-5.0%Bhiwandi, Maharashtra, India
Rokks Enterprises Private Limited₹13.74 Cr (FY 2025)-6.0%Coimbatore, Tamil Nadu, India

To see the full peer comparison of Pragati Fabrics Private Limited, buy the company report.

Auditor

Pragati Fabrics Private Limited is audited by SUNIL KUMAR LUNKER for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SUNIL KUMAR LUNKERFY 2023036629

Shareholding

The shareholding of Pragati 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Pragati Fabrics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.7 Cr
Satisfied charges
₹11.56 Cr
Breakdown by lending institutions
Others₹5.48 Cr
Hdfc Bank Limited₹0.22 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Feb 2023100736716Hdfc Bank Limited₹21.5 LakhOpen
21 Oct 2022100625990Others₹50 LakhOpen
24 Jun 2022100594131Others₹4.98 CrOpen
28 Jun 2022100594133Others₹74.01 LakhSatisfied
31 Jul 201410517462Hdfc Bank Limited₹6.57 CrSatisfied

To see the full charge records of Pragati Fabrics Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

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

Employees & EPFO

Pragati Fabrics Private Limited has a workforce of 4 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1
Employee growth
-55.56%

GST

Pragati Fabrics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
08AAACK4493L1Z4RajasthanActive01 Jul 2017

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

Recent activity

Pragati Fabrics Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Sohan Lal Kawar ceased to be Director on 15 Jun 2017.

Charges
A charge registered on 28 Jun 2022 via Charge ID 100594133 with Others was fully satisfied on 17 Oct 2024.
AGM
Pragati Fabrics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Pragati Fabrics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 21.50 Lakh with Charge ID 100736716 was registered on 08 Feb 2023.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100625990 was registered on 21 Oct 2022.
Charges
A charge registered on 31 Jul 2014 via Charge ID 10517462 with Hdfc Bank Limited was fully satisfied on 20 Sep 2022.
Charges
A charge with Others of Rs. 74.01 Lakh registered on 28 Jun 2022 with Charge ID 100594133 was modified on 14 Sep 2022.
Charges
A charge with Others of Rs. 498.00 Lakh registered on 24 Jun 2022 with Charge ID 100594131 was modified on 14 Sep 2022.
Charges
A charge with Others amounted to Rs. 74.01 Lakh with Charge ID 100594133 was registered on 28 Jun 2022.
Charges
A charge with Others amounted to Rs. 498.00 Lakh with Charge ID 100594131 was registered on 24 Jun 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 656.70 Lakh registered on 31 Jul 2014 with Charge ID 10517462 was modified on 04 Aug 2020.
Ceased
Sohan Lal Kawar ceased to be Director.

12 earlier events are in the company report.

Frequently asked questions

Pragati 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 23 January 1992 (34+ years old) and is registered under CIN U51310MH1992PTC065007.

Pragati Fabrics has 2 current directors:

The latest financial statements of Pragati 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 Pragati Fabrics is 08AAACK4493L1Z4, registered in Rajasthan.

The CIN (Corporate Identification Number) of Pragati Fabrics is U51310MH1992PTC065007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pragati Fabrics has 7 court cases on record: 6 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.

Pragati Fabrics was incorporated on 23 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Pragati Fabrics by revenue are Anandtex India Private Limited, Chandak Spinning Private Limited, Formative Fashions Private Limited, Super-Laxmi Yarntex Pvt Ltd, Yellows Spun and Linens Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Sohan Lal Kawar ceased to be Director on 15 Jun 2017. Sushila Kawar ceased to be Director on 15 Jun 2017. Ritesh Kawar ceased to be Additional Director on 30 Sep 2015. Pragati Fabrics has 6 board changes on record in total.

Yes, Pragati Fabrics is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-26-0003289).

The registered office of Pragati Fabrics is at 212 2nd Floor Daulat Bhavan 407 Kalbadevi Road, Mumbai, Maharashtra, India – 400002.