About Shantai Industries Limited
Data last updated: 08 January 2026
Shantai Industries Limited is a public limited company based in Surat City, Gujarat, India. It specialises in textile retail and distribution, a part of the broader home and lifestyle products sector. Incorporated on 09 April 1988, the company has been in operation for over 38 years.
Registered with ROC Ahmedabad under CIN L46411GJ1988PLC013255. Listed on BSE: 512297.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Harishbhai Fatandas Sawlani and Vasudev Fatandas Sawlani.
Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2025. Office: Surat City, Gujarat.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹9.81 Cr, a decline of 51.54% compared to the previous year. The net worth stands at ₹6.35 Cr (down 17.14% YoY). Total assets are valued at ₹6.36 Cr (down 56.98% YoY).
The company is associated with 1 brand - Shantai Industries.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shantaiindustrieslimited.com.
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Registered AddressShop 10 2Nd Floor Agrasen Point, Nr Agrasen Bhavan Citylight Road, Surat City, Gujarat, India – 395007
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IndustryHome & Lifestyle, Textile Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Shantai Industries Limited
Shantai Industries Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L46411GJ1988PLC013255, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L46411GJ1988PLC013255 | Current |
| L17114GJ1988PLC013255 | Previous |
| L74110GJ1988PLC013255 | Previous |
| U17114GJ1988PLC013255 | Previous |
Associated Brands with Shantai Industries Limited
Shantai Industries Limited operates one associated brand: Shantai Industries. These brands represent Shantai Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Produces and exports high-quality synthetic textiles and finished garments worldwide. | shantaiindustrieslimited.com |
Competitors & Alternatives of Shantai Industries Limited
Brands and companies operating in the same space as Shantai Industries Limited include Sportking, Jaykay Enterprises, Alok Industries and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Yarns, fabrics, and garments are manufactured and retailed by Sportking. | Ludhiana, India, India | 1989 |
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Yarn and cotton are manufactured by Jaykay Enterprises in India. | Kanpur, India, India | 1991 |
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Textiles and related products are manufactured in India. | Mumbai, India, India | 1986 |
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Yarns and threads are contract-manufactured for textile and apparel industries. | Delhi, India, India | 1979 |
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Denim fabrics are contract-manufactured in Bhilwara, India. | Bhilwara, India, India | 2009 |
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Fabrics are manufactured on a contract basis by A.K. Spintex. | Bhilwara, India, India | 1994 |
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Textile fabric materials are manufactured on a contract basis. | Indore, India, India | 1997 |
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Contract manufacturing of fabric materials is conducted. | Mumbai, India, India | 1977 |
Business Activity of Shantai Industries Limited
Shantai Industries Limited operates primarily in the trade sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Trade | Locked | Wholesale Trading | Locked |
Detailed business activity records for Shantai Industries Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
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Auditor Details of Shantai Industries Limited
Shantai Industries Limited is audited by DSI & Co. (ICAI peer reviewed, certificate valid till 2027-04-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| DSI & Co. (ICAI peer reviewed, certificate valid till 2027-04-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Shantai Industries Limited
Shantai Industries Limited is currently managed by 5 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Harishbhai Fatandas Sawlani
Also directs:
Paritosh Developers Llp, Shantai Industries Limited, Sawlani Synthetics Private Limited and 5 more
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Managing Director | 27 Jul 2015 | 10 Years 11 Months | Current |
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Vasudev Fatandas Sawlani
Also directs:
Paritosh Developers Llp, Shantai Industries Limited, Sawlani Synthetics Private Limited and 5 more
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Whole-Time Director | 27 Jul 2015 | 10 Years 11 Months | Current |
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Vandanaben Satishbhai Dalal
Also directs:
Shantai Industries Limited
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Director | 26 Sep 2020 | 5 Years 9 Months | Current |
| Reena Harish Sawlani | Director | 27 Jul 2015 | 10 Years 11 Months | Current |
| Vipulbhai Subhashchandra Munshi | Director | 29 Aug 2024 | 1 Years 10 Months | Current |
Financials of Shantai Industries Limited FY 2026 filings available
Shantai Industries Limited reported revenue of ₹9.81 Cr (down 51.54% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹9.81 Cr | ₹20.25 Cr | ₹1.29 Cr | ₹60.02 Lakh | ₹1.15 Cr | ₹9.91 Cr | ₹9.91 Cr | ₹9.39 Cr |
| Other Income | ₹7.58 Lakh | ₹8.6 Lakh | ₹2.75 Lakh | ₹2.26 Lakh | ₹2.02 Lakh | ₹1.05 Cr | ₹1.05 Cr | ₹3.48 Cr |
| Total Income | ₹9.89 Cr | ₹20.34 Cr | ₹1.32 Cr | ₹62.29 Lakh | ₹1.17 Cr | ₹10.96 Cr | ₹10.96 Cr | ₹12.87 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹9.43 Cr | ₹15.26 Cr | ₹24.41 Lakh | ₹86.91 Lakh | ₹3.16 Cr | ₹10.13 Cr | ₹10.13 Cr | ₹7.6 Cr |
| Changes in Inventories | ₹26.12 Lakh | ₹4.12 Cr | ₹92.59 Lakh | -₹35.31 Lakh | -₹2.23 Cr | -₹57.25 Lakh | -₹57.25 Lakh | ₹1.21 Cr |
| Employee Benefit Expense | ₹38.67 Lakh | ₹33.58 Lakh | ₹7.48 Lakh | ₹6.52 Lakh | ₹8.77 Lakh | ₹76.3 Lakh | ₹76.3 Lakh | ₹35.87 Lakh |
| Finance Costs | ₹3,000 | ₹3,000 | ₹0 | ₹1.28 Lakh | ₹35,100 | ₹8.13 Lakh | ₹8.13 Lakh | ₹1.88 Lakh |
| Depreciation & Amortisation | ₹18,000 | ₹14,000 | ₹10,800 | ₹15,500 | ₹31,400 | ₹1.73 Lakh | ₹1.73 Lakh | ₹2.37 Lakh |
| Other Expenses | ₹1.08 Cr | ₹28.54 Lakh | ₹13.65 Lakh | ₹12.27 Lakh | ₹12.51 Lakh | ₹63.72 Lakh | ₹63.72 Lakh | ₹54.17 Lakh |
| Total Expenses | ₹11.17 Cr | ₹20.01 Cr | ₹1.38 Cr | ₹71.83 Lakh | ₹1.15 Cr | ₹11.06 Cr | ₹11.06 Cr | ₹9.76 Cr |
| Profit Before Exceptional Items & Tax | -₹1.28 Cr | ₹32.56 Lakh | -₹6.31 Lakh | -₹9.54 Lakh | ₹2.19 Lakh | -₹9.9 Lakh | -₹9.9 Lakh | ₹3.11 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹100 | -₹2,500 | -₹1,700 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹1.28 Cr | ₹32.56 Lakh | -₹6.31 Lakh | -₹9.57 Lakh | ₹2.18 Lakh | -₹9.9 Lakh | -₹9.9 Lakh | ₹3.11 Cr |
| Total Tax Expense | ₹3.53 Lakh | ₹1.88 Lakh | ₹0 | ₹0 | ₹0 | -₹23,000 | -₹23,000 | ₹89.4 Lakh |
| Net Profit | -₹1.31 Cr | ₹30.68 Lakh | -₹6.31 Lakh | -₹9.57 Lakh | ₹2.18 Lakh | -₹9.67 Lakh | -₹9.67 Lakh | ₹2.22 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹1.31 Cr | ₹30.68 Lakh | -₹6.31 Lakh | -₹9.57 Lakh | ₹2.18 Lakh | -₹9.67 Lakh | -₹9.67 Lakh | ₹2.22 Cr |
| EBITDA (computed) | -₹1.28 Cr | ₹32.73 Lakh | -₹6.2 Lakh | -₹8.11 Lakh | ₹2.86 Lakh | -₹4,000 | -₹4,000 | ₹3.15 Cr |
| Basic EPS | ₹-8.76 | ₹2.04 | ₹-0.42 | ₹-0.64 | ₹0.15 | ₹-0.64 | ₹-0.64 | ₹14.77 |
| Diluted EPS | ₹-8.76 | ₹2.04 | ₹-0.42 | ₹-0.64 | ₹0.15 | ₹0.00 | ₹0.00 | ₹0.00 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹6.36 Cr | ₹14.78 Cr | ₹7.52 Cr | ₹7.79 Cr | ₹7.7 Cr | ₹771,831 Cr | ₹872,890 Cr | ₹30.41 Lakh Cr |
| Non-current Assets | ₹0 | ₹4.47 Lakh | ₹4.33 Lakh | ₹4.44 Lakh | ₹4.59 Lakh | ₹4,904.83 Cr | ₹4,747.08 Cr | ₹4,964.28 Cr |
| Current Assets | ₹6.36 Cr | ₹14.73 Cr | ₹7.48 Cr | ₹7.74 Cr | ₹7.66 Cr | ₹766,926 Cr | ₹868,143 Cr | ₹30.36 Lakh Cr |
| Property, Plant & Equipment | ₹0 | ₹85,000 | ₹70,600 | ₹81,400 | ₹95,000 | ₹1,372.74 Cr | ₹2,129.85 Cr | ₹2,385.94 Cr |
| Inventories | ₹0 | ₹26.12 Lakh | ₹4.39 Cr | ₹5.31 Cr | ₹4.96 Cr | ₹272,491 Cr | ₹77,805 Cr | ₹20,553 Cr |
| Trade Receivables | ₹5.54 Cr | ₹12.19 Cr | ₹1.42 Cr | ₹79.01 Lakh | ₹86.03 Lakh | ₹332,192 Cr | ₹459,738 Cr | ₹25.02 Lakh Cr |
| Cash & Equivalents | ₹70.29 Lakh | ₹54.59 Lakh | ₹52.54 Lakh | ₹45.47 Lakh | ₹67.1 Lakh | ₹57,592 Cr | ₹141,788 Cr | ₹122,971 Cr |
| Equity (Net Worth) | ₹6.35 Cr | ₹7.67 Cr | ₹7.36 Cr | ₹7.42 Cr | ₹7.52 Cr | ₹749,594 Cr | ₹849,869 Cr | ₹859,543 Cr |
| Equity Share Capital | ₹1.5 Cr | ₹1.5 Cr | ₹1.5 Cr | ₹1.5 Cr | ₹1.5 Cr | ₹150,000 Cr | ₹150,000 Cr | ₹150,000 Cr |
| Borrowings (Non-current) | ₹0 | ₹2.9 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹10,090 Cr | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹2.9 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹10,090 Cr | ₹0 |
| Current Liabilities | ₹53,000 | ₹4.07 Cr | ₹2.74 Lakh | ₹23.15 Lakh | ₹5.46 Lakh | ₹9,648.31 Cr | ₹12,931 Cr | ₹21.74 Lakh Cr |
| Total Liabilities | ₹53,000 | ₹7.11 Cr | ₹16.33 Lakh | ₹36.34 Lakh | ₹18.35 Lakh | ₹22,237 Cr | ₹23,021 Cr | ₹21.82 Lakh Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹2.99 Cr | -₹2.96 Cr | ₹4.32 Lakh | -₹22.61 Lakh | ₹7.84 Lakh |
| Investing Cash Flow | ₹14,000 | -₹28,000 | ₹0 | ₹0 | ₹0 |
| Financing Cash Flow | -₹2.84 Cr | ₹2.98 Cr | ₹2.75 Lakh | ₹97,900 | ₹1.67 Lakh |
| Capital Expenditure | ₹40,000 | ₹28,000 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹2.99 Cr | -₹2.96 Cr | ₹4.32 Lakh | -₹22.61 Lakh | ₹7.84 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹15.69 Lakh | ₹2.1 Lakh | ₹7.07 Lakh | -₹21.63 Lakh | ₹9.51 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1.56 Cr | ₹1.51 Cr | ₹2.52 Cr | ₹4.22 Cr | ₹7.23 Cr | ₹8.22 Cr | ₹4.23 Cr | ₹57.28 Lakh |
| Other Income | ₹4.42 Lakh | ₹1.48 Lakh | ₹1.67 Lakh | ₹0 | ₹5.86 Lakh | ₹1,900 | ₹2.49 Lakh | ₹22,300 |
| Total Income | ₹1.6 Cr | ₹1.53 Cr | ₹2.53 Cr | ₹4.22 Cr | ₹7.29 Cr | ₹8.22 Cr | ₹4.25 Cr | ₹57.5 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹92.71 Lakh | ₹2.06 Cr | ₹6.44 Cr | ₹7.12 Cr | ₹5.51 Cr | ₹2.63 Cr | ₹0 |
| Changes in Inventories | ₹1.88 Cr | ₹54.71 Lakh | ₹21.62 Lakh | -₹2.38 Cr | -₹20.94 Lakh | ₹2.4 Cr | ₹1.45 Cr | ₹49.26 Lakh |
| Employee Benefit Expense | ₹5.08 Lakh | ₹10.44 Lakh | ₹11.57 Lakh | ₹11.58 Lakh | ₹13.57 Lakh | ₹12.39 Lakh | ₹6 Lakh | ₹1.61 Lakh |
| Finance Costs | ₹2,000 | ₹0 | ₹0 | ₹1,000 | ₹2,000 | ₹1,300 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹6,000 | ₹6,000 | ₹6,000 | ₹6,000 | ₹3,500 | ₹2,100 | ₹2,100 |
| Other Expenses | ₹5.33 Lakh | ₹92.14 Lakh | ₹3.31 Lakh | ₹7.44 Lakh | ₹14.08 Lakh | ₹8.01 Lakh | ₹2.23 Lakh | ₹4.23 Lakh |
| Total Expenses | ₹1.98 Cr | ₹2.5 Cr | ₹2.43 Cr | ₹4.26 Cr | ₹7.19 Cr | ₹8.11 Cr | ₹4.16 Cr | ₹55.12 Lakh |
| Profit Before Exceptional Items & Tax | -₹37.51 Lakh | -₹97.56 Lakh | ₹10.49 Lakh | -₹3.24 Lakh | ₹10.38 Lakh | ₹10.12 Lakh | ₹9.66 Lakh | ₹2.38 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹37.51 Lakh | -₹97.56 Lakh | ₹10.49 Lakh | -₹3.24 Lakh | ₹10.38 Lakh | ₹10.12 Lakh | ₹9.66 Lakh | ₹2.38 Lakh |
| Total Tax Expense | ₹3.53 Lakh | ₹0 | ₹0 | ₹0 | ₹1.88 Lakh | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹41.04 Lakh | -₹97.56 Lakh | ₹10.49 Lakh | -₹3.24 Lakh | ₹8.5 Lakh | ₹10.12 Lakh | ₹9.66 Lakh | ₹2.38 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹41.04 Lakh | -₹97.56 Lakh | ₹10.49 Lakh | -₹3.24 Lakh | ₹8.5 Lakh | ₹10.12 Lakh | ₹9.66 Lakh | ₹2.38 Lakh |
| EBITDA (computed) | -₹37.49 Lakh | -₹97.5 Lakh | ₹10.55 Lakh | -₹3.17 Lakh | ₹10.46 Lakh | ₹10.17 Lakh | ₹9.68 Lakh | ₹2.4 Lakh |
| Basic EPS | ₹-2.74 | ₹-1.30 | ₹0.14 | ₹-0.04 | ₹0.56 | ₹0.68 | ₹0.66 | ₹0.16 |
| Diluted EPS | ₹-2.74 | ₹-1.30 | ₹0.14 | ₹-0.04 | ₹0.56 | ₹0.68 | ₹0.66 | ₹0.16 |
Charges & Borrowings Shantai Industries Limited
Shantai Industries Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Shantai Industries Limited
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Employee and EPFO history for Shantai Industries Limited
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GST Compliance of Shantai Industries Limited
GST registrations and filing compliance for Shantai Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Shantai Industries Limited
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MSME Payment Delays by Shantai Industries Limited
MSME payment history for Shantai Industries Limited
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Subsidiaries & Group Companies of Shantai Industries Limited
Corporate group structure for Shantai Industries Limited
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MCA Filings & Documents of Shantai Industries Limited
MCA filings and documents for Shantai Industries Limited
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Recent Activity on Shantai Industries Limited
Frequently Asked Questions about Shantai Industries Limited
Shantai Industries Limited is an active public limited company in the home and lifestyle sector based in Surat City, Gujarat, India. It was incorporated on 09 April 1988 (38+ years old) and is registered under CIN L46411GJ1988PLC013255. Listed on BSE: 512297.
Shantai Industries Limited reported revenue of ₹9.81 Cr for FY 2026 (down 51.54% YoY) based on standalone BSE filings.
The current directors of Shantai Industries Limited are:
- Harishbhai Fatandas Sawlani - Managing Director
- Vasudev Fatandas Sawlani - Whole-Time Director
- Vandanaben Satishbhai Dalal - Director
- Reena Harish Sawlani - Director
- Vipulbhai Subhashchandra Munshi - Director
The primary industry of Shantai Industries Limited is home and lifestyle. The company specifically operates in textile retail and distribution. The company is currently active in this sector.
Yes. Shantai Industries Limited is listed on BSE with code 512297.
Shantai Industries Limited can be reached at the registered office: Shop 10 2Nd Floor Agrasen Point, Nr Agrasen Bhavan Citylight Road, Surat City, Gujarat, India – 395007, or through the website shantaiindustrieslimited.com.