MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0061584
Romano Apparels Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹25.86 Cr
▼ 23% YoY
Net profit · FY 2024
₹2.66 Cr
Net margin 10.3%
EBITDA · FY 2024
₹3.47 Cr
EBITDA margin 13.4%
Authorised capital
₹1.01 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹10.13 Cr
Satisfied ₹64 Lakh
Company age
23 yrs
Est. 2003
Employees · EPFO
15
Provident fund records
About Romano Apparels Private Limited
Data last updated:
Romano Apparels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the kids wear segment of the fashion and textiles sector. It was incorporated on 29 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2003PTC138907. Its GSTIN is 27AACCR4312F1ZQ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Ajit Kakumal Lalwani and Neeta Ajit Lalwani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 402 Ashish Industrial Estategokhale Road (S) Dadar West, Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.86 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.66 Cr (net margin 10.3%) and EBITDA of ₹3.47 Cr (EBITDA margin 13.4%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 2% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Little Kangaroos. As per MCA filings, the company has open charges of ₹10.13 Cr and satisfied charges of ₹64 Lakh on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2012. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Varima Fashions Pvt Ltd with revenue of ₹25.96 Cr.
Romano Apparels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0061584). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website littlekangaroos.com.
Company Details of Romano Apparels Private Limited
CIN U18101MH2003PTC138907
Registration Number 138907
Incorporation Date 29 January 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0061584
Recognitions & Rankings of Romano Apparels
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address402 Ashish Industrial Estategokhale Road (S) Dadar West, Mumbai, Maharashtra, India – 400028
- IndustryFashion and Textile, Kids Wear
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Associated Brands with Romano Apparels Private Limited
Romano Apparels operates one associated brand: Little Kangaroos. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retail of children's clothing and seasonal collections in Mumbai. | littlekangaroos.com |
Business Activity of Romano Apparels Private Limited
The main business activity of Romano Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Romano Apparels Private Limited FY 2025 filings available
Romano Apparels Private Limited reported revenue of ₹25.86 Cr (down 23% YoY) for FY 2024.
Revenue · FY 2024
₹25.86 Cr ▼ 23%
Net profit · FY 2024
₹2.66 Cr margin 10.3%
EBITDA · FY 2024
₹3.47 Cr margin 13.4%
Compounded Annual Growth Rate (CAGR) of Romano Apparels Private Limited
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 25%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 24%
5 years · compounded
▲ 4%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 23% fall in the latest year. EBITDA fell 6% 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 of Romano Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.47 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.66 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 of Romano Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Romano Apparels are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Romano Apparels Private Limited
Romano Apparels has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Kakumal Lalwani | Director | 29 Jan 2003 | 23 Years 8 Months | Current |
| Neeta Ajit Lalwani | Director | 29 Jan 2003 | 23 Years 8 Months | Current |
| Arun Ajit Lalwani | Director | 29 Jan 2003 | 23 Years 8 Months | Current |
| Alok Ajit Lalwani | Director | 01 Nov 2003 | 22 Years 11 Months | Current |
Peer Comparison of Romano Apparels Private Limited
Romano Apparels Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Varima Fashions Pvt Ltd | ₹25.96 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Shivshakti Tradelink Private Limited | ₹25.95 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Kalol, Gujarat, India |
| Shree Rudra Shakti Industries Private Limited | ₹25.92 Cr (FY 2018) | •••• | •••• | 24.0% | •••• | Hyderabad, Telangana, India |
| Krishna Ayu Textiles Private Limited | ₹25.87 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Ludhiana, Punjab, India |
| Giriraj Nature Care Bags Private Limited | ₹25.87 Cr (FY 2025) | •••• | •••• | 105.0% | •••• | Kolkata, West Bengal, India |
| Romano Apparels Private Limited this company | ₹25.86 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Brothers Fine Garments Private Limited | ₹25.85 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Ajmer, Rajasthan, India |
| Shobhana Dyeing and Printing Miils Private Limited | ₹25.84 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Surat, Gujarat, India |
| S G Synthetics Private Limited | ₹25.83 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Vibrant Clothing Company Private Limited | ₹25.82 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Palghar, Maharashtra, India |
| Sudharma Clothing Company Private Limited | ₹25.8 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Romano Apparels by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Romano Apparels Private Limited
Romano Apparels Private Limited is audited by MULRAJ D GALA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MULRAJ D GALA & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Romano Apparels Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Romano Apparels Private Limited
Open charges
₹10.13 Cr
Satisfied charges
₹64 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Mar 2008 | Others | ₹5 Cr | Open |
| 14 Mar 2008 | Others | ₹5.13 Cr | Open |
| 16 Oct 2006 | State Bank of Patiala | ₹40 Lakh | Satisfied |
| 29 Jan 2004 | State Bank of Patiala | ₹24 Lakh | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Romano Apparels Private Limited
Romano Apparels Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2012.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Romano Apparels Private Limited
Romano Apparels Private Limited has 9 court cases on record: 3 filed by Romano Apparels, 6 filed against it. 1 case is pending and 8 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Total cases
9
Filed by the company
3
Filed against the company
6
Pending
1
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 6 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Viking Advance Technologies Pvt. Ltd | Disposed |
| District court, South, Delhi | Execution petition | Filed against the company by Goldsquare Sales Indian Pvt Ltd | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by Goldsquare Sales Indian Pvt Ltd | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against E.S.I. Corporation | Disposed |
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Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Romano Apparels Private Limited
Romano Apparels Private Limited has a workforce of 15 employees as of Mar 22, 2024.
Employee count
15
Active EPFO establishments
1
Employee growth
50%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Romano Apparels Private Limited
Romano Apparels Private Limited has 4 board changes on record since 2003: 4 appointments. The latest: Alok Ajit Lalwani was appointed as Director on 01 Nov 2003.
AGM
Romano Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Romano Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 5.00 Cr registered on 14 Mar 2008 with Charge ID 10096587 was modified on 09 Jan 2020.
Charges
A charge with Others of Rs. 5.13 Cr registered on 14 Mar 2008 with Charge ID 10096636 was modified on 09 Jan 2020.
Charges
A charge registered on 16 Oct 2006 via Charge ID 10070061 with State Bank Of Patiala was fully satisfied on 23 Jun 2014.
Charges
A charge registered on 29 Jan 2004 via Charge ID 90148556 with State Bank Of Patiala was fully satisfied on 23 Jun 2014.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 10096587 was registered on 14 Mar 2008.
Charges
A charge with Others amounted to Rs. 5.13 Cr with Charge ID 10096636 was registered on 14 Mar 2008.
Charges
A charge with State Bank Of Patiala amounted to Rs. 0.40 Cr with Charge ID 10070061 was registered on 16 Oct 2006.
Charges
A charge with State Bank Of Patiala amounted to Rs. 0.24 Cr with Charge ID 90148556 was registered on 29 Jan 2004.
Appointed
Alok Ajit Lalwani was appointed as Director.
Appointed
Ajit Kakumal Lalwani was appointed as Director.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Romano Apparels Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Romano Apparels Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Romano Apparels Private Limited
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Corporate group structure
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GST Compliance of Romano Apparels Private Limited
Romano Apparels has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCR4312F1ZQ | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Romano Apparels Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Romano Apparels Private Limited
Romano Apparels is an active private limited company based in Mumbai, Maharashtra, India. The company works in kids wear, within the fashion and textile industry. It was incorporated on 29 January 2003 (23+ years old) and is registered under CIN U18101MH2003PTC138907.
Romano Apparels reported revenue of ₹25.86 Cr for FY 2024 (down 23% YoY).
Romano Apparels has 4 current directors:
- Ajit Kakumal Lalwani - Director
- Neeta Ajit Lalwani - Director
- Arun Ajit Lalwani - Director
- Alok Ajit Lalwani - Director
Romano Apparels reported a net profit of ₹2.66 Cr (net margin 10.3%) and EBITDA of ₹3.47 Cr (EBITDA margin 13.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Romano Apparels is 25% over three years and -2% over five years. In the latest year (FY 2024) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Romano Apparels is 27AACCR4312F1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Romano Apparels is U18101MH2003PTC138907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Romano Apparels has 9 court cases on record: 3 filed by the company and 6 filed against it. 1 is pending.
Romano Apparels was incorporated on 29 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Romano Apparels has 1 deal on record (1 secondary share transfer); the latest was in September 2012.
The peers of Romano Apparels by revenue are Varima Fashions Pvt Ltd, Shivshakti Tradelink Private Limited, Shree Rudra Shakti Industries Private Limited, Krishna Ayu Textiles Private Limited, Giriraj Nature Care Bags Private Limited and 5 more, all in the Manufacturing industry (Textiles).