MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0077313
Shalibhadra Creations Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹42.69 Cr
▼ 15% YoY
Net profit · FY 2024
₹1.99 Cr
Net margin 4.7%
EBITDA · FY 2024
₹4.62 Cr
EBITDA margin 10.8%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹33.5 Lakh
Issued & subscribed
Open charges
₹3.43 Cr
Satisfied ₹33.25 Lakh
Company age
13 yrs
Est. 2013
Employees · EPFO
301
Provident fund records
About Shalibhadra Creations Private Limited
Data last updated:
Shalibhadra Creations Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 25 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18202MH2013PTC242502. Its GSTIN is 27AASCS9508E1ZV (Maharashtra). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹33.5 Lakh. It is led by directors including Bhogilal Kubadia Velji and Hiren Dhirajlal Kubadia.
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 207 2nd Floor Cosmos Platinum Gokhale Road (S) Dadar (W), Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.69 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.99 Cr (net margin 4.7%) and EBITDA of ₹4.62 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The company has about 301 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sonari. As per MCA filings, the company has open charges of ₹3.43 Cr and satisfied charges of ₹33.25 Lakh on record.
Shalibhadra Creations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0077313). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sonari.in.
Company details
CIN U18202MH2013PTC242502
Registration Number 242502
Incorporation Date 25 April 2013
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-19-0077313
Key People
Bhogilal Kubadia Velji Director Hiren Dhirajlal Kubadia Director Kishore Velji Kubadia Director Recognitions & Rankings of Shalibhadra Creations
Contact details
Shalibhadra Creations Private Limited's registered office is in Mumbai, Maharashtra. Its website is sonari.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address207 2nd Floor Cosmos Platinum Gokhale Road (S) Dadar (W), Mumbai, Maharashtra, India – 400028
- IndustryFashion and Textile, Innerwear
To see the full contact details of Shalibhadra Creations Private Limited, buy the company report.
Comprehensive company report
Shalibhadra Creations Private 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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Business activity
The main business activity of Shalibhadra Creations 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 Shalibhadra Creations Private Limited, buy the company report.
Financials of Shalibhadra Creations Private Limited
FY 2025 filings availableShalibhadra Creations Private Limited reported revenue of ₹42.69 Cr (down 15% YoY) for FY 2024.
Revenue · FY 2024
₹42.69 Cr ▼ 15%
Net profit · FY 2024
₹1.99 Cr margin 4.7%
EBITDA · FY 2024
₹4.62 Cr margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 21%
5 years · compounded
▼ 3%
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 25% 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 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 | ₹4.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.99 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | 4.7% | ||||
| 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 Shalibhadra Creations Private Limited, buy the company report.
Board of directors of Shalibhadra Creations Private Limited
Shalibhadra Creations has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhogilal Kubadia Velji | Director | 25 Apr 2013 | 13 Years 6 Months | Current |
| Hiren Dhirajlal Kubadia | Director | 25 Apr 2013 | 13 Years 6 Months | Current |
| Kishore Velji Kubadia | Director | 25 Apr 2013 | 13 Years 6 Months | Current |
| Dhirajlal Velji Kubadia Also directs: Bombay Refrigerator Industries Private Limited | Director | 25 Apr 2013 | 13 Years 6 Months | Current |
| Dipesh Bhogilal Kubadia Also directs: Bombay Refrigerator Industries Private Limited | Director | 25 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Shalibhadra Creations Private Limited is compared with the 9 companies closest to it by revenue in the Apparel industry (Inner Wear), 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 |
|---|---|---|---|---|---|---|
| Belle Wears Pvt Ltd | ₹50.21 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Saanvi Clothing Private Limited | ₹49.02 Cr (FY 2025) | 50.0% | Mumbai, Maharashtra, India | |||
| Spenta International Limited | ₹48.68 Cr (FY 2025) | 34.0% | Thane, Maharashtra, India | |||
| Anchi Apparels Private Limited | ₹47.75 Cr (FY 2024) | 7.0% | New Delhi, Delhi, India | |||
| Shalibhadra Creations Private Limitedthis company | ₹42.69 Cr (FY 2024) | ₹1.99 Cr | 4.7% | -15.0% | 301 | Mumbai, Maharashtra, India |
| Hillman Hosiery Mills Private Limited | ₹40.38 Cr (FY 2024) | -10.0% | Kolkata, West Bengal, India | |||
| Women's Next Loungeries Limited | ₹38.76 Cr (FY 2018) | -25.0% | Bhiwandi, Maharashtra, India | |||
| Defiance Knitting Industries P Ltd | ₹38.26 Cr (FY 2025) | 524.0% | Thane, Maharashtra, India | |||
| Vijay Mahiendraa Impex Sharvesh Private Limited | ₹38.22 Cr (FY 2024) | -14.0% | Tirupur, Tamil Nadu, India | |||
| Varma Knit Fab Private Limited | ₹38.1 Cr (FY 2025) | 15.0% | Salkia, West Bengal, India |
To see the full peer comparison of Shalibhadra Creations Private Limited, buy the company report.
Auditor
Shalibhadra Creations Private Limited is audited by CGCA & ASSOCIATES LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CGCA & ASSOCIATES LLP | FY 2022 | 123393W |
Shareholding
The shareholding of Shalibhadra Creations 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 Shalibhadra Creations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.43 Cr
Satisfied charges
₹33.25 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2025 | 101178550 | Others | ₹17.91 Lakh | Open | |
| 31 Mar 2022 | 100561028 | Hdfc Bank Limited | ₹3.25 Cr | Open | |
| 19 Aug 2016 | 100055333 | Others | ₹23.25 Lakh | Satisfied | |
| 26 Feb 2015 | 10556133 | Others | ₹10 Lakh | Satisfied |
To see the full charge records of Shalibhadra Creations Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Shalibhadra Creations 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
Shalibhadra Creations Private Limited has 8 MSME Form 1 returns on record between 2018 and 2023, listing 53 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Savvy Industries | |||
| Sachinam Fabrics Private Limited | |||
| Sachinam Fabrics Pvt. Ltd. | |||
| an individual supplier |
To see the full MSME payment records of Shalibhadra Creations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shalibhadra Creations Private Limited has a workforce of 301 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
301
Active EPFO establishments
1
Employee growth
-11.21%
GST
Shalibhadra Creations has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCS9508E1ZV | Maharashtra | Active | 01 Jul 2017 |
| 09AASCS9508E1ZT | Uttar Pradesh | Active | 13 Oct 2024 |
| 03AASCS9508E1Z5 | Punjab | Active | 14 Oct 2024 |
| 06AASCS9508E1ZZ | Haryana | Active | 14 Oct 2024 |
To see the full GST registrations and return filing status of Shalibhadra Creations Private Limited, buy the company report.
Recent activity
Shalibhadra Creations Private Limited has 10 board changes on record since 2013: 6 appointments and 4 cessations. The latest: Kantilal Velji Kubadia ceased to be Director on 01 Apr 2025.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 101178550 was registered on 10 Oct 2025.
AGM
Shalibhadra Creations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Kantilal Velji Kubadia ceased to be Director.
Filing
Shalibhadra Creations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 26 Feb 2015 via Charge ID 10556133 with Others was fully satisfied on 11 Oct 2022.
Charges
A charge with Others of Rs. 0.10 Cr registered on 26 Feb 2015 with Charge ID 10556133 was modified on 27 May 2022.
Charges
A charge registered on 19 Aug 2016 via Charge ID 100055333 with Others was fully satisfied on 20 May 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.25 Cr with Charge ID 100561028 was registered on 31 Mar 2022.
Charges
A charge with Others amounted to Rs. 0.23 Cr with Charge ID 100055333 was registered on 19 Aug 2016.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 10556133 was registered on 26 Feb 2015.
Appointed
Kantilal Velji Kubadia was appointed as Director.
Ceased
Ankit Bhogilal Kubadia ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Shalibhadra Creations is an active private limited company based in Mumbai, Maharashtra, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 25 April 2013 (13+ years old) and is registered under CIN U18202MH2013PTC242502.
Shalibhadra Creations has 5 current directors:
- Bhogilal Kubadia Velji - Director
- Hiren Dhirajlal Kubadia - Director
- Kishore Velji Kubadia - Director
- Dhirajlal Velji Kubadia - Director
- Dipesh Bhogilal Kubadia - Director
The latest financial statements of Shalibhadra Creations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shalibhadra Creations is 27AASCS9508E1ZV, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 09AASCS9508E1ZT (Uttar Pradesh), 03AASCS9508E1Z5 (Punjab), 06AASCS9508E1ZZ (Haryana).
The CIN (Corporate Identification Number) of Shalibhadra Creations is U18202MH2013PTC242502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shalibhadra Creations was incorporated on 25 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shalibhadra Creations by revenue are Belle Wears Pvt Ltd, Saanvi Clothing Private Limited, Spenta International Limited, Anchi Apparels Private Limited, Hillman Hosiery Mills Private Limited and 4 more, all in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products).
Kantilal Velji Kubadia ceased to be Director on 01 Apr 2025. Kantilal Velji Kubadia was appointed as Director on 26 Jun 2014. Ankit Bhogilal Kubadia ceased to be Director on 22 Apr 2014. Shalibhadra Creations has 10 board changes on record in total.
Yes, Shalibhadra Creations is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0077313).
Shalibhadra Creations has 8 MSME Form 1 returns on record between 2018 and 2023, listing 53 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Shalibhadra Creations can be reached through the website sonari.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shalibhadra Creations is at 207 2nd Floor Cosmos Platinum Gokhale Road S Dadar W, Mumbai, Maharashtra, India – 400028.
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