Shashwat Textiles Private Limited
About Shashwat Textiles Private Limited
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Shashwat Textiles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17121MH2011PTC215453. Its GSTIN is 24AAPCS5965G1ZV (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mukesh Ganeshdas Tandan and Shashwat Mukesh Tandan.
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 20/24 Morarji Velji Trust Chawl 2nd Floor Dr. M.B.Velkar Marg, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.21 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹8.91 Lakh (net margin 2.8%) and EBITDA of ₹19.97 Lakh (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shashwat Textiles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20/24 Morarji Velji Trust Chawl 2nd Floor Dr. M.B.Velkar Marg, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shashwat Textiles Private Limited, 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 Shashwat 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 Shashwat Textiles Private Limited, buy the company report.
Financials of Shashwat Textiles Private Limited
FY 2025 filings availableShashwat Textiles Private Limited reported revenue of ₹3.21 Cr (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 45% fall in the latest year. EBITDA fell 65% 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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| EBITDA | ₹19.97 Lakh | ||||
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| Net Profit (PAT) | ₹8.91 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Shashwat Textiles Private Limited, buy the company report.
Board of directors of Shashwat Textiles Private Limited
Shashwat Textiles has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Ganeshdas Tandan | Director | 29 Mar 2011 | 15 Years 6 Months | Current |
| Shashwat Mukesh Tandan | Director | 29 Mar 2011 | 15 Years 6 Months | Current |
Peer comparison
Shashwat Textiles Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| MC Spinnings Private Limited | ₹3.23 Cr (FY 2025) | -74.0% | Coimbatore, Tamil Nadu, India | |||
| Sethi Exim Private Limited | ₹3.22 Cr (FY 2025) | 78.0% | Faridabad, Haryana, India | |||
| V N Elastic and Laces Private Limited | ₹3.22 Cr (FY 2024) | -33.0% | Delhi, India | |||
| Gujarat Sheep and Wool Development Corporation Limited | ₹3.22 Cr (FY 2024) | -24.0% | Gandhinagar, Gujarat, India | |||
| Shashwat Textiles Private Limitedthis company | ₹3.21 Cr (FY 2025) | ₹8.91 Lakh | 2.8% | -45.0% | Mumbai, Maharashtra, India | |
| Damask Textiles Private Limited | ₹3.21 Cr (FY 2021) | 6593.0% | Kolkata, West Bengal, India | |||
| West Wood Wears Private Limited | ₹3.21 Cr (FY 2024) | 2.0% | Delhi, India | |||
| Frontline Tex-O-Fab Private Limited | ₹3.21 Cr (FY 2025) | 27.0% | Palsana, Gujarat, India |
To see the full peer comparison of Shashwat Textiles Private Limited, buy the company report.
Auditor
Shashwat Textiles Private Limited is audited by Nihar Mehta & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nihar Mehta & Co. | FY 2017 | 134646W |
Shareholding
The shareholding of Shashwat Textiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shashwat Textiles Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shashwat Textiles 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
No delayed payments to MSME suppliers are on our record for Shashwat Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shashwat Textiles has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCS5965G1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shashwat Textiles Private Limited, buy the company report.
Recent activity
Shashwat Textiles Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Mukesh Ganeshdas Tandan was appointed as Director on 29 Mar 2011.
Frequently asked questions
Shashwat Textiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 March 2011 (15+ years old) and is registered under CIN U17121MH2011PTC215453.
Shashwat Textiles has 2 current directors:
- Mukesh Ganeshdas Tandan - Director
- Shashwat Mukesh Tandan - Director
The latest financial statements of Shashwat 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 GSTIN of Shashwat Textiles is 24AAPCS5965G1ZV, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shashwat Textiles is U17121MH2011PTC215453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shashwat Textiles was incorporated on 29 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shashwat Textiles by revenue are MC Spinnings Private Limited, Sethi Exim Private Limited, V N Elastic and Laces Private Limited, Gujarat Sheep and Wool Development Corporation Limited, Damask Textiles Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Mukesh Ganeshdas Tandan was appointed as Director on 29 Mar 2011. Shashwat Mukesh Tandan was appointed as Director on 29 Mar 2011.
The registered office of Shashwat Textiles is at 2024 Morarji Velji Trust Chawl 2nd Floor Dr. M.B.Velkar Marg, Mumbai, Maharashtra, India – 400002.
Shashwat Textiles operates in the manufacturing industry, in the textile and fabric production segment.
The compliance status of Shashwat Textiles is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.