Shantai Industries Limited - home & lifestyle in Surat City, Gujarat, India. FY 2026 financials and compliance.
CIN L46411GJ1988PLC013255 Incorporated 09 April 1988 ROC Ahmedabad HQ Surat City, Gujarat, India
Active Listed - BSE: 512297 Public Limited Company home and lifestyle
Data last updated
Revenue · FY 2026
₹9.81 Cr
▼ 51.54% YoY
Computed EBITDA · FY 2026
-₹1.28 Cr
▼ 489.89% YoY
Net profit · FY 2026
-₹1.31 Cr
▼ 528.13% YoY
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
38 yrs
Est. 1988
Last financials
Mar 2025
Balance sheet date

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.

Company Details of Shantai Industries Limited
CIN L46411GJ1988PLC013255
Registration Number 013255
Incorporation Date 09 April 1988
ROC Ahmedabad
Listing Status Listed (BSE: 512297)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Shop 10 2Nd Floor Agrasen Point, Nr Agrasen Bhavan Citylight Road, Surat City, Gujarat, India – 395007
  • Industry
    Home & Lifestyle, Textile Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Shantai Industries Limited in one report.

10-year financials Directors & ownership Charges & compliance

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
Sportking Sportking Yarns, fabrics, and garments are manufactured and retailed by Sportking. Ludhiana, India, India 1989
Jaykay Enterprises Jaykay Enterprises Yarn and cotton are manufactured by Jaykay Enterprises in India. Kanpur, India, India 1991
Alok Industries Alok Industries Textiles and related products are manufactured in India. Mumbai, India, India 1986
Pasupati Spinning & Weaving Mills Pasupati Spinning & Weaving Mills Yarns and threads are contract-manufactured for textile and apparel industries. Delhi, India, India 1979
Manomay Tex India Manomay Tex India Denim fabrics are contract-manufactured in Bhilwara, India. Bhilwara, India, India 2009
A.K. Spintex A.K. Spintex Fabrics are manufactured on a contract basis by A.K. Spintex. Bhilwara, India, India 1994
Pratibha Syntex Pratibha Syntex Textile fabric materials are manufactured on a contract basis. Indore, India, India 1997
Donear Donear 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
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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.

Current Directors
Name Designation Appointment Date Tenure Status
Harishbhai Fatandas Sawlani Managing Director 27 Jul 2015 10 Years 11 Months Current
Vasudev Fatandas Sawlani Whole-Time Director 27 Jul 2015 10 Years 11 Months Current
Vandanaben Satishbhai Dalal 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.

Revenue · FY 2026
₹9.81 Cr ▼ 51.54%
Profit · FY 2026
-₹1.31 Cr ▼ 528.13%
Computed EBITDA · FY 2026
-₹1.28 Cr ▼ 489.89%
Revenue₹ Cr · Standalone0102030FY 2019: ₹9 Cr9.4FY 2019FY 2020: ₹10 Cr · +5.5% YoY9.9+5.5%FY 2020FY 2021: ₹10 Cr · +0% YoY9.9+0%FY 2021FY 2022: ₹1 Cr · -88.4% YoY1.1-88.4%FY 2022FY 2023: ₹1 Cr · -47.8% YoY0.6-47.8%FY 2023FY 2024: ₹1 Cr · +115.2% YoY1.3+115.2%FY 2024FY 2025: ₹20 Cr · +1467.4% YoY20.2+1467.4%FY 2025FY 2026: ₹10 Cr · -51.5% YoY9.8-51.5%FY 2026
Net Profit₹ Cr · Standalone-2-10123FY 2019: ₹2 Cr2.2FY 2019FY 2020: ₹0 Cr (loss) · -104.4% YoY-0.1FY 2020FY 2021: ₹0 Cr (loss) · +0% YoY-0.1FY 2021FY 2022: ₹0 Cr · +122.5% YoY0+122.5%FY 2022FY 2023: ₹0 Cr (loss) · -539.8% YoY-0.1FY 2023FY 2024: ₹0 Cr (loss) · +34.1% YoY-0.1FY 2024FY 2025: ₹0 Cr · +586.4% YoY0.3+586.4%FY 2025FY 2026: ₹1 Cr (loss) · -528.1% YoY-1.3FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0510Q1'25: ₹1 Cr0.6Q1'25Q2'25: ₹4 Cr4.2Q2'25Q3'25: ₹8 Cr8.2Q3'25Q4'25: ₹7 Cr7.2Q4'25Q1'26: ₹4 Cr · +637.4% YoY4.2+637.4%Q1'26Q2'26: ₹3 Cr · -40.4% YoY2.5-40.4%Q2'26Q3'26: ₹2 Cr · -81.6% YoY1.5-81.6%Q3'26Q4'26: ₹2 Cr · -78.4% YoY1.6-78.4%Q4'26
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
Latest 8 quarters shown.
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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

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Credit Ratings, Litigation & Regulatory Alerts for Shantai Industries Limited

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MSME Payment Delays by Shantai Industries Limited

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Subsidiaries & Group Companies of Shantai Industries Limited

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MCA Filings & Documents of Shantai Industries Limited

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MCA filings and documents for Shantai Industries Limited

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Recent Activity on Shantai Industries Limited

Activity
24 Sep 2025
Shantai Industries Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Shantai Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Directors
19 Mar 2025
Shipra Mehta was appointed as a Company Secretary on 19 Mar 2025 & has been associated with this company since 1 year 3 months.
Directors
29 Aug 2024
Vipulbhai Subhashchandra Munshi was appointed as a Director on 29 Aug 2024 & has been associated with this company since 1 year 10 months.
Directors
26 Sep 2020
Vandanaben Satishbhai Dalal was appointed as a Director on 26 Sep 2020 & has been associated with this company since 5 years 9 months.
Directors
27 Jul 2015
Harishbhai Fatandas Sawlani was appointed as a Managing Director on 27 Jul 2015 & has been associated with this company since 10 years 11 months.

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:

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.

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