Shanil Fabrics LLP
About Shanil Fabrics LLP
Data last updated:
Shanil Fabrics LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 20 April 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAO-9703. Its GSTIN is 24ADXFS6319Q1Z0 (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Mahendrakumar Gandalal Shah and Shanil Mahendrabhai Shah.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹49.82 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹51.49 Lakh (net margin 1%) and EBITDA of ₹51.96 Cr (EBITDA margin 104.3%).
As per MCA filings, the LLP has open charges of ₹8.45 Cr on record. Court records list 5 cases involving the LLP, including 4 filed by the LLP; 5 cases are pending.
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- Registered Address19/I F.P.12 T.P.S.18 Mahalaxmi Bhavan Co.Op.H.Soc. Shri Ghantakarna Mahavir Comm. Market Sa, Rangpur, Ahmedabad, Gujarat, India – 380002
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
- One PDF report, delivered after checkout
Financials of Shanil Fabrics LLP FY 2025 filings available
Shanil Fabrics LLP reported revenue of ₹49.82 Cr (down 13% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Shanil Fabrics LLP
Revenue fell 13% in the latest year. EBITDA fell 11% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Shanil Fabrics LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Income and Expenditure | ||
| Turnover | ₹49.82 Cr | •••• |
| Other Income | •••• | •••• |
| Total Income | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• |
| Personnel Expenses | •••• | •••• |
| Administrative Expenses | •••• | •••• |
| Interest | •••• | •••• |
| Depreciation | •••• | •••• |
| Total Expenses | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax | •••• | •••• |
| Profit After Tax | ₹51.49 Lakh | •••• |
| Profit Transferred to Partners | •••• | •••• |
| Assets and Liabilities | ||
| Partners' Contribution | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Secured Loans | •••• | •••• |
| Unsecured Loans | •••• | •••• |
| Trade Payables | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Loans and Advances | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Shanil Fabrics LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| Net Profit Margin | 1% | •••• |
| Return on Partners' Funds | •••• | •••• |
| Return on Assets | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• |
| Interest Coverage | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Turnover Growth | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Shanil Fabrics are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Shanil Fabrics LLP
Shanil Fabrics LLP is audited by MEHTA LODHA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHTA LODHA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Designated Partners of Shanil Fabrics LLP
Shanil Fabrics has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendrakumar Gandalal Shah Also directs: Vastu Spaces LLP | Designated Partner | 20 Apr 2019 | 7 Years 5 Months | Current |
| Shanil Mahendrabhai Shah Also directs: Vastu Spaces LLP | Designated Partner | 20 Apr 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Shanil Fabrics LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shanil Fabrics LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2019 | Kotak Mahindra Bank Limited | ₹8.45 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Shanil Fabrics LLP
Shanil Fabrics LLP has 5 court cases on record: 4 filed by Shanil Fabrics, 1 where it is another party. All cases are pending. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 5 |
Cases on record (2 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Kolhapur, Maharashtra | Court case (Insolvency) | Company is another party | Pending |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Shanil Fabrics LLP
Employment history and EPFO contributions of people linked to Shanil Fabrics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shanil Fabrics LLP
Shanil Fabrics LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Mahendrakumar Gandalal Shah was appointed as Designated Partner on 20 Apr 2019.
Credit Ratings, Litigation & Regulatory Alerts for Shanil Fabrics LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shanil Fabrics LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shanil Fabrics LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shanil Fabrics LLP
Shanil Fabrics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ADXFS6319Q1Z0 | Gujarat | Active | 31 May 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shanil Fabrics LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shanil Fabrics LLP
Shanil Fabrics is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 20 April 2019 (7+ years old) and is registered under LLPIN AAO-9703.
Shanil Fabrics reported revenue of ₹49.82 Cr for FY 2021 (down 13% YoY).
Shanil Fabrics has 2 current designated partners:
- Mahendrakumar Gandalal Shah - Designated Partner
- Shanil Mahendrabhai Shah - Designated Partner
Shanil Fabrics reported a net profit of ₹51.49 Lakh (net margin 1%) and EBITDA of ₹51.96 Cr (EBITDA margin 104.3%) for FY 2021, as per its filed financial statements.
The GSTIN of Shanil Fabrics is 24ADXFS6319Q1Z0, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Shanil Fabrics is AAO-9703. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Shanil Fabrics has 5 court cases on record: 4 filed by the LLP. 5 are pending.
Shanil Fabrics was incorporated on 20 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mahendrakumar Gandalal Shah was appointed as Designated Partner on 20 Apr 2019. Shanil Mahendrabhai Shah was appointed as Designated Partner on 20 Apr 2019.
The registered office of Shanil Fabrics is at 19I F.P.12 T.P.S.18 Mahalaxmi Bhavan Co.Op.H.Soc. Shri Ghantakarna Mahavir Comm. Market Sa, Rangpur, Ahmedabad, Gujarat, India – 380002.