Sarin Textiles Private Limited
About Sarin Textiles Private Limited
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Sarin Textiles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 12 August 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1988PTC048479. Its GSTIN is 27AAGCS9935F1ZY (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Sanjay Bharat Shah (Whole-Time Director) and Bharat Kantilal Shah (Whole-Time Director).
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 204/A Mangal Kunj Mount Pleasant Road, Mumbai, Maharashtra, India – 400006.
As per the financials filed for FY 2023, the company reported a revenue of ₹51.07 Lakh, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹1.1 Lakh (net margin 2.2%) and EBITDA of ₹2 Lakh (EBITDA margin 3.9%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sarin Textiles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address204/A Mangal Kunj Mount Pleasant Road, Mumbai, Maharashtra, India – 400006
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Sarin 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
Business activity
The main business activity of Sarin Textiles is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Sarin Textiles Private Limited, buy the company report.
Financials of Sarin Textiles Private Limited
FY 2024 filings availableSarin Textiles Private Limited reported revenue of ₹51.07 Lakh (up 69% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 69% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 22% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹51.07 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.1 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Sarin Textiles Private Limited, buy the company report.
Board of directors of Sarin Textiles Private Limited
Sarin Textiles has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Bharat Shah | Whole-Time Director | 12 Aug 1988 | 38 Years 2 Months | Current |
| Mihir Sanjay Shah Also directs: Financial Hospital Advisor LLP, Fintoo Wealth Private Limited | Director | 19 Oct 2018 | 8 Years 0 Months | Current |
| Bharat Kantilal Shah | Whole-Time Director | 12 Aug 1988 | 38 Years 2 Months | Current |
Auditor
Sarin Textiles Private Limited is audited by KRIPLANI MILANI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRIPLANI MILANI & CO | FY 2023 | 1344100W |
Shareholding
The shareholding of Sarin Textiles 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sarin Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 1999 | 90213350 | Patan Co-Operative Bank Limited | ₹10 Lakh | Open |
To see the full charge records of Sarin Textiles Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sarin Textiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sarin Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sarin Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCS9935F1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sarin Textiles Private Limited, buy the company report.
Recent activity
Sarin Textiles Private Limited has 4 board changes on record since 1988: 3 appointments and 1 cessation. The latest: Mihir Sanjay Shah was appointed as Director on 19 Oct 2018.
Frequently asked questions
Sarin Textiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 12 August 1988 (38+ years old) and is registered under CIN U17120MH1988PTC048479.
Sarin Textiles has 3 current directors:
- Sanjay Bharat Shah - Whole-Time Director
- Bharat Kantilal Shah - Whole-Time Director
- Mihir Sanjay Shah - Director
The latest financial statements of Sarin Textiles 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 Sarin Textiles is 27AAGCS9935F1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sarin Textiles is U17120MH1988PTC048479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarin Textiles was incorporated on 12 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Mihir Sanjay Shah was appointed as Director on 19 Oct 2018. Vijay Kantilal Shah ceased to be Whole-Time Director on 19 Oct 2018. Bharat Kantilal Shah was appointed as Whole-Time Director on 12 Aug 1988. Sarin Textiles has 4 board changes on record in total.
The registered office of Sarin Textiles is at 204A Mangal Kunj Mount Pleasant Road, Mumbai, Maharashtra, India – 400006.
Sarin Textiles operates in the home and lifestyle industry, in the textile retail and distribution segment.
Sarin Textiles has open charges of ₹10 Lakh and no satisfied charges on record as per latest MCA filings.