About BRFL Textiles Private Limited
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BRFL Textiles Private Limited is a private limited company based in Palghar, Maharashtra, India, a subsidiary of Bombay Rayon Fashions Limited. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 20 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2020PTC344130. Its GSTIN is 27AAJCB1989M1ZZ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1,139.28 Cr and a paid-up capital of ₹592.34 Cr. It is led by directors including Devang Bipinchandra Parekh and Rajagopalan Balasubramanyan.
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. C – 6 & C – 7 M.I.D.C Tarapur Industrial Area Boisar Maharashtra, Palghar, Maharashtra, India – 401506.
As per the financials filed for FY 2025, the company reported a revenue of ₹371.42 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹220.06 Cr (net margin -59.2%) and EBITDA of -₹129.66 Cr (EBITDA margin -34.9%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
The company has about 1,872 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bombay Rayon. As per MCA filings, the company has open charges of ₹609 Cr and satisfied charges of ₹14 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 2 cases are pending. The company has 9 deals on record (4 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹1,085 Cr; the latest was in July 2024. Its 3 peer companies in the Apparel industry (Branded Wear, Textiles), with the same principal business activity (manufacture of textiles) are compared by revenue, 2 larger and 1 smaller; the largest is Jade Blue Lifestyle India Limited with revenue of ₹378.39 Cr. The company has 16 MSME Form 1 returns on record between 2021 and 2024, listing 4,968 overdue payments to 254 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bombayrayontextiles.com.
Company details
Contact details
BRFL Textiles Private Limited's registered office is in Palghar, Maharashtra. Its website is bombayrayontextiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. C – 6 & C – 7 M.I.D.C Tarapur Industrial Area Boisar Maharashtra, Palghar, Maharashtra, India – 401506
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of BRFL Textiles 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
Brands
BRFL Textiles operates one associated brand: Bombay Rayon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fabrics and garments are manufactured under contract by BTPL. | bombayrayontextiles.com |
Business activity
The main business activity of BRFL Textiles is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of BRFL Textiles Private Limited, buy the company report.
Financials of BRFL Textiles Private Limited
FY 2025 filings availableBRFL Textiles Private Limited reported revenue of ₹371.42 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 22% fall in the latest year. EBITDA rose 8% 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 | ₹371.42 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹129.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹220.06 Cr | ||||
| 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 | -34.9% | ||||
| Net Profit Margin | -59.2% | ||||
| 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 BRFL Textiles Private Limited, buy the company report.
Board of directors of BRFL Textiles Private Limited
BRFL Textiles has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Bipinchandra Parekh | Director | 19 Jun 2024 | 2 Years 4 Months | Current |
| Rajagopalan Balasubramanyan | Director | 19 Jun 2024 | 2 Years 4 Months | Current |
| Rajan Balasubramanian Also directs: Rajshree Sugars & Chemicals Limited | Director | 19 Jun 2024 | 2 Years 4 Months | Current |
| Subbiah Natarajan | Director | 01 Jul 2024 | 2 Years 4 Months | Current |
Peer comparison
BRFL Textiles Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Branded Wear, Textiles), with the same principal business activity (manufacture of textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jade Blue Lifestyle India Limited | ₹378.39 Cr (FY 2025) | 3.0% | Ahmedabad, Gujarat, India | |||
| Paramount Textile Mills Private Limited | ₹375.73 Cr (FY 2025) | 19.0% | Madurai, Tamil Nadu, India | |||
| BRFL Textiles Private Limitedthis company | ₹371.42 Cr (FY 2025) | -₹220.06 Cr | -59.2% | -22.0% | 1,872 | Palghar, Maharashtra, India |
| Twistex India Ltd | ₹370.44 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of BRFL Textiles Private Limited, buy the company report.
Auditor
BRFL Textiles Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2025 | 117366W/W-100018 |
Shareholding
The shareholding of BRFL Textiles Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of BRFL Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2025 | 101080474 | Others | ₹75 Cr | Open | |
| 16 Jan 2025 | 101042583 | Others | ₹100 Cr | Open | |
| 30 Nov 2024 | 101022360 | Others | ₹100 Cr | Open | |
| 31 May 2021 | 100462184 | Sbicap Trustee Company Limited | ₹60 Cr | Open | |
| 23 Mar 2021 | 100439483 | Others | ₹137 Cr | Open |
To see the full charge records of BRFL Textiles Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
BRFL Textiles Private Limited has 9 deals on record (4 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹1,085 Cr; the latest was in July 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹70 Cr | Investors: Linen Art Private Limited , JM Financial Asset Reconstruction Company Limited , Think Investments |
| Jan 2023 | Funding round | ₹50 Cr | Investors: Linen Art Private Limited |
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: JM Financial Asset Reconstruction Company Limited Seller: Bombay Rayon Fashions Limited |
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: JM Financial Asset Reconstruction Company Limited Seller: Bombay Rayon Fashions Limited |
| Dec 2020 | Funding round · Series B | ₹215 Cr | Investors: Think Investments, JM Financial Private Equity, JM Financial Products Limited |
To see the full deal history of BRFL Textiles Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
BRFL Textiles Private Limited has 9 court cases on record: 4 filed by BRFL Textiles, 5 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 2 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by JM Financial Asset Reconstruction Company Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Sanjay Chemicals India Pvt Ltd Through Saseedharan M V | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Shree Hari Yarns Private Limited | Disposed |
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by Radik Chemicals Pvt Ltd | Disposed |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against State of Maharashtra Through Boisar Police Station | Pending |
To see the full case history of BRFL Textiles 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
BRFL Textiles Private Limited has 16 MSME Form 1 returns on record between 2021 and 2024, listing 4,968 overdue payments to 254 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 254)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Krishna Enterprise | |||
| an individual supplier | |||
| Fineotex Chemical Limited | |||
| an individual supplier |
To see the full MSME payment records of BRFL Textiles Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
BRFL Textiles Private Limited has a workforce of 1,872 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,872 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of BRFL Textiles Private Limited, buy the company report.
GST
BRFL Textiles has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCB1989M1ZZ | Maharashtra | Active | 22 Oct 2020 |
| 07AAJCB1989M1Z1 | Delhi | Active | 06 Mar 2021 |
To see the full GST registrations and return filing status of BRFL Textiles Private Limited, buy the company report.
Recent activity
BRFL Textiles Private Limited has 14 board changes on record since 2020: 9 appointments and 5 cessations. The latest: Ashish Mehrishi ceased to be CEO on 31 Mar 2025.
18 earlier events are in the company report.
News
Frequently asked questions
BRFL Textiles is an active private limited company based in Palghar, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 20 August 2020 (6+ years old) and is registered under CIN U17299MH2020PTC344130.
BRFL Textiles has 4 current directors:
- Devang Bipinchandra Parekh - Director
- Rajagopalan Balasubramanyan - Director
- Rajan Balasubramanian - Director
- Subbiah Natarajan - Director
The latest financial statements of BRFL Textiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 August 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of BRFL Textiles is 27AAJCB1989M1ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAJCB1989M1Z1 (Delhi).
The CIN (Corporate Identification Number) of BRFL Textiles is U17299MH2020PTC344130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BRFL Textiles has 9 court cases on record: 4 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
BRFL Textiles was incorporated on 20 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
BRFL Textiles has 9 deals on record (4 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹1,085 Cr; the latest was in July 2024.
The peers of BRFL Textiles by revenue are Jade Blue Lifestyle India Limited, Paramount Textile Mills Private Limited, Twistex India Ltd, all in the Apparel industry (Branded Wear, Textiles), with the same principal business activity (manufacture of textiles).
Ashish Mehrishi ceased to be CEO on 31 Mar 2025. Subbiah Natarajan was appointed as Director on 01 Jul 2024. Aman Agrawal ceased to be Director on 19 Jun 2024. BRFL Textiles has 14 board changes on record in total.
BRFL Textiles has 16 MSME Form 1 returns on record between 2021 and 2024, listing 4,968 overdue payments to 254 micro and small suppliers. The latest return was filed on 02 Jul 2024.
BRFL Textiles can be reached through the website bombayrayontextiles.com. Its registered office is in Palghar, Maharashtra, India.
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