Qualiance International Limited

NSE: QUALIANCE
Qualiance International Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U17299MH2006PLC164026 Incorporated 24 August 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: QUALIANCE Public Limited Company manufacturing MSME · Small
Market Cap
₹170 Cr
QUALIANCE-SM · NSE
Share Price
₹126.30
+0.16% today
Revenue
₹76.89 Cr
FY 2025-26 · +44.9% YoY
EBITDA
₹17.05 Cr
Margin 22.2%
Net Profit
₹11.87 Cr
FY 2025-26 · +142.7% YoY
ROE
61.6%
ROCE 40.5%
Debt / Equity
1.51
Interest cover 24.7x
Authorised capital
₹20 Cr
Registered with MCA

About Qualiance International Limited

Data last updated:

Qualiance International Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 August 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2006PLC164026. Its GSTIN is 27AAACQ1420B1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on NSE: QUALIANCE.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹9.9 Cr. It was formerly known as Qualiance International Private Limited. It is led by directors including Vipul Badani (Managing Director) and Bhoomin Rajesh Badani (Whole-Time Director).

Its last annual general meeting (AGM) was held on 13 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹76.89 Cr, a growth of 44.9% compared to the previous year. For the same year it recorded a net profit of ₹11.87 Cr (net margin 15.4%) and EBITDA of ₹17.05 Cr (EBITDA margin 22.2%). The net worth stands at ₹34.65 Cr (up 41.8% YoY). Total assets are valued at ₹64.23 Cr (up 16.9% YoY).

The company has about 201 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Qualiance and Silvertraq. As per MCA filings, the company has open charges of ₹45.55 Cr and satisfied charges of ₹55.92 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 ipo); the latest was in September 2026.

Qualiance International Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0022974). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qualiance.com.

Company details

CIN U17299MH2006PLC164026
Registration Number 164026
Incorporation Date 24 August 2006
ROC Mumbai
Listing Status Listed (NSE: QUALIANCE)
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-28-0022974

CIN history

Qualiance International has one previous CIN (Corporate Identification Number): U17299MH2006PTC164026. The current CIN is U17299MH2006PLC164026, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17299MH2006PLC164026Current
U17299MH2006PTC164026Previous
Key People
Vipul Badani Managing Director Bhoomin Rajesh Badani Whole-Time Director Dharini Jatania Director

Recognitions & Rankings of Qualiance International

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-28-0022974

Contact details

Qualiance International Limited's registered office is in Mumbai, Maharashtra.

  • Social Media
  • Registered Address
    406 – B Wing Knox Plaza Next To Tangent Showroom Mindspace Mal, Ad West, Mumbai, Maharashtra, India – 400064
  • Industry
    Manufacturing, Textile & Fabric Production
Comprehensive company report
Qualiance International 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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Brands

Qualiance International operates two associated brands: Qualiance and Silvertraq. Each brand links to its own profile.

BrandDescriptionWebsite
Qualiance
Manufactures and exports woven knitted garments for sportswear outdoor clothing globally.qualiance.com
Silvertraq
Women's high-performance activewear is manufactured for active pursuits.silvertraq.com

Business activity

The main business activity of Qualiance International is manufacturing. In detail, this covers manufacture of wearing apparel.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing14Manufacture of wearing apparel

To see the full business activity and turnover split of Qualiance International Limited, buy the company report.

Financials of Qualiance International Limited

FY 2025-26 filings available

Qualiance International Limited reported revenue of ₹76.89 Cr (up 44.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹76.89 Cr
+44.9% YoY
EBITDA
₹17.05 Cr
+95.5% YoY
Profit After Tax
₹11.87 Cr
+142.7% YoY
Net Worth
₹34.65 Cr
+41.8% YoY
Total Assets
₹64.23 Cr
+16.9% YoY
Total Debt
₹28.50 Cr
-4.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Income statement
Revenue76.8953.0737.2335.45
Revenue growth+44.9%+42.6%+5.0%-
EBITDA17.058.725.283.33
EBITDA margin+22.2%+16.4%+14.2%+9.4%
Profit before tax16.066.273.401.32
Net profit11.874.892.841.57
Net profit margin+15.4%+9.2%+7.6%+4.4%
EPS (₹)11.994.952.8710.52
Balance sheet
Total assets64.2354.9540.1432.76
Net worth34.6524.4420.314.67
Total debt28.5029.7119.1727.60
Cash & bank0.780.651.660.94
Net working capital41.8032.9519.8015.93
Cash flow
Cash from operations7.84(4.45)2.851.12
Cash from investing(2.61)(4.38)(0.44)(0.16)
Cash from financing(4.99)7.71(1.60)(0.29)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 15 Nov 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Revenue76.8953.0737.2335.45
Revenue growth+44.9%+42.6%+5.0%-
Other income4.061.980.910.71
Total expenses59.8444.3531.9532.12
Employee cost16.0713.4410.058.21
EBITDA17.058.725.283.33
EBITDA margin+22.2%+16.4%+14.2%+9.4%
Depreciation1.121.020.870.96
Interest3.933.411.921.76
Profit before tax16.066.273.401.32
Tax4.191.390.56(0.25)
Net profit11.874.892.841.57
Net profit margin+15.4%+9.2%+7.6%+4.4%
EPS (₹)11.994.952.8710.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Equity & liabilities
Share capital9.909.909.901.50
Reserves & surplus24.7514.5410.413.17
Shareholders' funds (net worth)34.6524.4420.314.67
Secured loans28.3727.6613.6211.84
Unsecured loans0.132.055.5515.76
Total debt28.5029.7119.1727.60
Total liabilities64.2354.9540.1432.76
Assets
Gross block31.3530.1328.0422.91
Net block18.0318.3717.9513.91
Capital work in progress0.000.000.000.00
Investments0.000.000.000.00
Inventories24.1429.5414.8712.95
Sundry debtors15.992.073.634.18
Cash & bank balances0.780.651.660.94
Loans & advances5.653.272.641.72
Total current assets46.5635.5322.8019.79
Total current liabilities4.762.583.003.86
Net working capital41.8032.9519.8015.93
Total assets64.2354.9540.1432.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Opening cash0.541.660.850.19
Net cash from operating activities7.84(4.45)2.851.12
Net cash from investing activities(2.61)(4.38)(0.44)(0.16)
Net cash from financing activities(4.99)7.71(1.60)(0.29)
Net change in cash0.24(1.12)0.810.66
Closing cash0.780.651.660.94
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Growth
Sales growth+44.9%+42.6%+5.0%-
EBITDA growth+95.5%+65.2%+58.6%-
PBT growth+156.1%+84.4%+157.6%+9997.0%
Net income growth+142.7%+72.2%+80.9%-
Revenue CAGR (3Y)+29.4%---
EBITDA CAGR (3Y)+72.4%---
Profitability & leverage
Net income margin+15.4%+9.2%+7.6%+4.4%
Return on capital employed+40.5%+26.2%+17.9%+10.4%
Return on net worth+61.6%+41.3%+49.8%+105.3%
Debt / equity1.512.157.090.00
Long-term debt / equity0.390.662.670.00
Interest cover24.6744.2943.5474.26
Efficiency & per share
Fixed asset turnover3.752.932.292.23
Inventory turnover2.862.392.682.74
Debtors turnover8.5118.629.538.48
EPS (₹)11.994.952.8710.52
Dividend per share (₹)0.000.000.000.00
Book value per share (₹)24.9913.969.01(15.44)

To see the full year-wise statements and ratios of Qualiance International Limited, buy the company report.

Board of directors of Qualiance International Limited

Qualiance International has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vipul BadaniManaging Director24 Aug 200620 Years 2 MonthsCurrent
Dharini JataniaDirector10 Dec 20250 Years 11 MonthsCurrent
Kadambari Rushin MehtaDirector10 Dec 20250 Years 11 MonthsCurrent
Dhriti Drolia
Also directs: Silvertraq International Private Limited
Additional Director01 Oct 20260 Years 1 MonthsCurrent
Bhoomin Rajesh Badani
Also directs: Knox Agro Private Limited
Whole-Time Director22 Oct 20251 Years 0 MonthsCurrent
View all directors

Charges & borrowings

Open charges
₹45.55 Cr
Satisfied charges
₹55.92 Cr
Breakdown by lending institutions
Others₹45.55 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Dec 2025101204424Others₹4.8 CrOpen
02 Dec 2024101017732Others₹83.75 LakhOpen
24 Feb 201410485377Others₹39.91 CrOpen
25 Oct 2024100999174Others₹10 CrSatisfied
23 Sep 2024100987026Others₹6.5 CrSatisfied

To see the full charge records of Qualiance International Limited, buy the company report.

Total charge records: 13 View all charges

Deals & funding

Qualiance International Limited has 1 deal on record (1 ipo); the latest was in September 2026.

Total deals
1
IPO
1

Deals on record (1 of 1)

WhenDealAmountParties
Sep 2026IPO₹45.11 CrInvestors: Bharat Venture Opportunities Fund, Carnelian AIF Category I Trust, Hem Growth Opportunities Fund

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Qualiance International Limited was last rated by Icra on 08 Apr 2021.

Rating agencyRated onRating
Icra08 Apr 2021

To see the full credit ratings and regulatory alerts of Qualiance International Limited, buy the company report.

MSME payment delays

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

GST

Qualiance International has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAACQ1420B1Z6MaharashtraActive01 Jul 2017
33AAACQ1420B1ZDTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Qualiance International Limited, buy the company report.

Recent activity

Qualiance International Limited has 8 board changes on record since 2006: 5 appointments and 3 cessations. The latest: Dhriti Drolia was appointed as Additional Director on 01 Oct 2026.

Appointed
Dhriti Drolia was appointed as Additional Director.
AGM
Qualiance International Limited last Annual general meeting of members was held on 13 Aug 2026 as per latest MCA records.
Charges
A charge registered on 25 Oct 2024 via Charge ID 100999174 with Others was fully satisfied on 01 Jul 2026.
Charges
A charge registered on 23 Sep 2024 via Charge ID 100987026 with Others was fully satisfied on 01 Jul 2026.
Filing
Qualiance International Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Others of Rs. 39.91 Cr registered on 24 Feb 2014 with Charge ID 10485377 was modified on 25 Mar 2026.
Ceased
Bhoomin Rajesh Badani ceased to be Director.
Charges
A charge with Others amounted to Rs. 4.80 Cr with Charge ID 101204424 was registered on 23 Dec 2025.
Appointed
Dharini Jatania was appointed as Director.
Appointed
Kadambari Rushin Mehta was appointed as Director.
Appointed
Bhoomin Rajesh Badani was appointed as Whole-Time Director.
Ceased
Krupa Rajesh Badani ceased to be Director.

25 earlier events are in the company report.

News

Frequently asked questions

Qualiance International is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 August 2006 (20+ years old) and is registered under CIN U17299MH2006PLC164026. Listed on NSE: QUALIANCE.

Qualiance International reported revenue of ₹76.89 Cr for FY 2025-26 (up 44.9% YoY) based on standalone financials.

Qualiance International has 5 current directors:

The latest financial statements of Qualiance International on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 13 August 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Qualiance International is 27AAACQ1420B1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAACQ1420B1ZD (Tamil Nadu).

The CIN (Corporate Identification Number) of Qualiance International is U17299MH2006PLC164026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Qualiance International is a listed company as per MCA records. Its shares are listed on NSE (symbol: QUALIANCE).

Qualiance International has 1 court case on record: 1 filed by the company.

Qualiance International was incorporated on 24 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

Qualiance International has 1 deal on record (1 ipo); the latest was in September 2026.