Shan Textiles Pvt Ltd
About Shan Textiles Pvt Ltd
Data last updated:
Shan Textiles Pvt Ltd is a private limited company based in Surat, Gujarat, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 04 July 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ1984PTC153189.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹79.11 Lakh. It is led by directors including Himeshkumar Bharatkumar Shah and Vimalchand Fulchand Shah.
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 Plot No – 8205 8207 8209/B Road No – 82, GIDC Sachin Surat, Gujarat, India – 394230.
As per the financials filed for FY 2025, the company reported a revenue of ₹212.21 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹2.62 Cr (net margin 1.2%) and EBITDA of ₹16.74 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 15% over five years.
The company has about 85 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹47.56 Cr and satisfied charges of ₹4.61 Cr on record. Court records list 22 cases involving the company, including 3 filed by the company and 19 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Shan Textiles has one previous CIN (Corporate Identification Number): U17120MH1984PTC033355. The current CIN is U17120GJ1984PTC153189, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120GJ1984PTC153189 | Current |
| U17120MH1984PTC033355 | Previous |
Contact details
Shan Textiles Pvt Ltd's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 8205 8207 8209/B Road No – 82, GIDC Sachin Surat, Gujarat, India – 394230
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of Shan Textiles Pvt Ltd, 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 Shan Textiles 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 Shan Textiles Pvt Ltd, buy the company report.
Financials of Shan Textiles Pvt Ltd
FY 2025 filings availableShan Textiles Pvt Ltd reported revenue of ₹212.21 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 27% growth in the latest year. EBITDA rose 125% 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 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.62 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shan Textiles Pvt Ltd, buy the company report.
Board of directors of Shan Textiles Pvt Ltd
Shan Textiles has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himeshkumar Bharatkumar Shah Also directs: Omika Silk Mills LLP, Omika Silk Mills Private Limited | Director | 25 Oct 2016 | 10 Years 0 Months | Current |
| Vimalchand Fulchand Shah | Director | 07 Jan 1997 | 29 Years 9 Months | Current |
| Bharatkumar Fulchand Shah Also directs: Omika Silk Mills LLP, Omika Silk Mills Private Limited | Director | 07 Jan 1997 | 29 Years 9 Months | Current |
| Kevalchand Fulchand Shah | Director | 16 Jul 1998 | 28 Years 3 Months | Current |
Peer comparison
Shan Textiles Pvt Ltd is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| Sri Parameswari Spinning Mills Private Limited | ₹213.25 Cr (FY 2024) | -11.0% | Aruppukottai, Tamil Nadu, India | |||
| Jankalyan Vinimay Private Limited | ₹212.46 Cr (FY 2025) | -18.0% | Jagatdal, West Bengal, India | |||
| Shan Textiles Pvt Ltdthis company | ₹212.21 Cr (FY 2025) | ₹2.62 Cr | 1.2% | 27.0% | 85 | Surat, Gujarat, India |
| Shivmahal Textiles Private Limited | ₹211.57 Cr (FY 2025) | -19.0% | Bhilwara, Rajasthan, India | |||
| Sai Leela Synthetics Private Limited | ₹211.5 Cr (FY 2025) | -5.0% | Bhilwara, Rajasthan, India | |||
| Empire Apparels Private Limited | ₹211.33 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Ratanmoti Texfab (India) Private Limited | ₹211.21 Cr (FY 2025) | -16.0% | Ichalkaranji, Maharashtra, India |
To see the full peer comparison of Shan Textiles Pvt Ltd, buy the company report.
Auditor
Shan Textiles Pvt Ltd is audited by C.S JARIWALA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.S JARIWALA & CO. | FY 2023 | 114906W |
Shareholding
The shareholding of Shan Textiles Pvt Ltd 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shan Textiles Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2015 | 10568969 | Hdfc Bank Limited | ₹47.56 Cr | Open | |
| 17 Jun 2015 | 10577908 | The Adinath Co-Operative Bank Ltd. | ₹8.5 Lakh | Satisfied | |
| 28 Sep 2013 | 10451297 | The Sutex Co-Operative Bank Ltd | ₹24.55 Lakh | Satisfied | |
| 18 Jul 2012 | 10366447 | The Sutex Co-Operative Bank Ltd | ₹1.5 Cr | Satisfied | |
| 30 Apr 2010 | 10222059 | The Sutex Co-Operative Bank Ltd | ₹8.5 Lakh | Satisfied |
To see the full charge records of Shan Textiles Pvt Ltd, buy the company report.
Total charge records: 10 View all charges
Legal cases
Shan Textiles Pvt Ltd has 22 court cases on record: 3 filed by Shan Textiles, 19 filed against it. 1 case is pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 19 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (DST LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (TAPP LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Shan Textiles Pvt Ltd, 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
Shan Textiles Pvt Ltd has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 62 overdue payments to 39 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 39)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ambe Enterprise | |||
| Khushi Dyechem Private Limited | |||
| an individual supplier | |||
| Textrosil Controls | |||
| Biren Enterprise |
To see the full MSME payment records of Shan Textiles Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shan Textiles Pvt Ltd has a workforce of 85 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Shan Textiles Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shan Textiles Pvt Ltd has 5 board changes on record since 1997: 4 appointments and 1 cessation. The latest: Ruchi Pratik Shah ceased to be Director on 01 Apr 2017.
17 earlier events are in the company report.
Frequently asked questions
Shan Textiles is an active private limited company based in Surat, Gujarat, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 04 July 1984 (42+ years old) and is registered under CIN U17120GJ1984PTC153189.
Shan Textiles has 4 current directors:
- Himeshkumar Bharatkumar Shah - Director
- Vimalchand Fulchand Shah - Director
- Bharatkumar Fulchand Shah - Director
- Kevalchand Fulchand Shah - Director
The latest financial statements of Shan Textiles 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 CIN (Corporate Identification Number) of Shan Textiles is U17120GJ1984PTC153189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shan Textiles has 22 court cases on record: 3 filed by the company and 19 filed against it. 1 is pending. Most are in the district courts.
Shan Textiles was incorporated on 04 July 1984, making it 42+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shan Textiles by revenue are Sri Parameswari Spinning Mills Private Limited, Jankalyan Vinimay Private Limited, Shivmahal Textiles Private Limited, Sai Leela Synthetics Private Limited, Empire Apparels Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ruchi Pratik Shah ceased to be Director on 01 Apr 2017. Himeshkumar Bharatkumar Shah was appointed as Director on 25 Oct 2016. Kevalchand Fulchand Shah was appointed as Director on 16 Jul 1998. Shan Textiles has 5 board changes on record in total.
Shan Textiles has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 62 overdue payments to 39 micro and small suppliers. The latest return was filed on 24 Jan 2021.
The registered office of Shan Textiles is at Plot No – 8205 8207 8209B Road No – 82, GIDC Sachin Surat, Gujarat, India – 394230.
Shan Textiles operates in the apparel and fashion industry, in the leather segment.
Shan Textiles has open charges of ₹47.56 Cr and satisfied charges of ₹4.61 Cr as per latest MCA filings.
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