- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-26-0003289

Pragati Fabrics Private Limited
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
Recognitions & Rankings of Pragati Fabrics
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 Address212 2nd Floor Daulat Bhavan 407 Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Pragati 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 Pragati 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 Pragati Fabrics Private Limited, buy the company report.
Financials of Pragati Fabrics Private Limited
FY 2024 filings availablePragati Fabrics Private Limited reported revenue of ₹13.76 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.38 Cr | ||||
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| Net Profit (PAT) | ₹77,964 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 0.1% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautamchand Kawar | Director | 30 Sep 2004 | 22 Years 0 Months | Current |
| Ritesh Kawar | Director | 12 Mar 2015 | 11 Years 7 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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) | ₹77,964 | 0.1% | -9.0% | 4 | Mumbai, 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 firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL KUMAR LUNKER | FY 2023 | 036629 |
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 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 Pragati Fabrics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2023 | 100736716 | Hdfc Bank Limited | ₹21.5 Lakh | Open | |
| 21 Oct 2022 | 100625990 | Others | ₹50 Lakh | Open | |
| 24 Jun 2022 | 100594131 | Others | ₹4.98 Cr | Open | |
| 28 Jun 2022 | 100594133 | Others | ₹74.01 Lakh | Satisfied | |
| 31 Jul 2014 | 10517462 | Hdfc Bank Limited | ₹6.57 Cr | Satisfied |
To see the full charge records of Pragati Fabrics Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Pragati Fabrics Private Limited has 7 court cases on record: 6 filed by Pragati Fabrics, 1 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Neelam Modi Resolution Professional Mataji Dyeing Mills Private Limited | Pending |
| High Court, RAJASTHAN | Interim or miscellaneous application | Filed by the company against State of Rajasthan | Disposed |
| High Court, RAJASTHAN | Writ petition | Filed by the company against State of Rajasthan and 4 others | Disposed |
| High Court | Writ petition | Filed by the company against Collector/ Dy. Dist. Colle. Pali and Ors | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Collector/ Dy. Dist. Colle. Pali and Ors | Disposed |
To see the full case history of Pragati 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 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.
GST
Pragati Fabrics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACK4493L1Z4 | Rajasthan | Active | 01 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.
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:
- Gautamchand Kawar - Director
- Ritesh Kawar - Director
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.