Sherolene Silk Mills Private Limited

Sherolene Silk Mills Private Limited - manufacturing in Bhiwandi, Maharashtra, India. FY 2026 financials & compliance.
CIN U01100MH1996PTC097690 Incorporated 27 February 1996 ROC Mumbai HQ Bhiwandi, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹3.99 Cr
▲ 2% YoY
Net profit · FY 2025
₹6 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹51.56 Lakh
EBITDA margin 12.9%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Open charges
₹1.83 Cr
Satisfied ₹3.05 Cr
Company age
30 yrs
Est. 1996
Directors on board
3
As per MCA filings

About Sherolene Silk Mills Private Limited

Data last updated:

Sherolene Silk Mills Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 February 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH1996PTC097690. Its GSTIN is 27AAGCS0465C1ZL (Maharashtra).

The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It was formerly known as Serolene Silk Mills Private Limited. It is led by directors including Aakash Mahesh Agarwal and Beenadevi Maheshkumar Agarwal.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 305 New Kaneri Agarwal House Shri Rang Nagar, Bhiwandi, Maharashtra, India – 421302.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.99 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹6 Lakh (net margin 1.5%) and EBITDA of ₹51.56 Lakh (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 11% over five years.

As per MCA filings, the company has open charges of ₹1.83 Cr and satisfied charges of ₹3.05 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U01100MH1996PTC097690
Registration Number 097690
Incorporation Date 27 February 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Sherolene Silk Mills Private Limited's registered office is in Bhiwandi, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    305 New Kaneri Agarwal House Shri Rang Nagar, Bhiwandi, Maharashtra, India – 421302
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Sherolene Silk Mills Private Limited, buy the company report.

Comprehensive company report
Sherolene Silk Mills Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Sherolene Silk Mills is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Sherolene Silk Mills Private Limited, buy the company report.

Financials of Sherolene Silk Mills Private Limited

FY 2024 filings available

Sherolene Silk Mills Private Limited reported revenue of ₹3.99 Cr (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹3.99 Cr ▲ 2%
Net profit · FY 2025
₹6 Lakh margin 1.5%
EBITDA · FY 2025
₹51.56 Lakh margin 12.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 11%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 43%
5 years · compounded
▼ 2%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 2% growth in the latest year. EBITDA rose 7% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹51.56 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.9%
Net Profit Margin1.5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Sherolene Silk Mills Private Limited, buy the company report.

Board of directors of Sherolene Silk Mills Private Limited

Sherolene Silk Mills has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aakash Mahesh AgarwalDirector22 Feb 201412 Years 8 MonthsCurrent
Beenadevi Maheshkumar AgarwalDirector03 Oct 200125 Years 0 MonthsCurrent
Suman Aakash AgarwalAdditional Director01 Aug 20251 Years 2 MonthsCurrent

Auditor

Sherolene Silk Mills Private Limited is audited by L S M & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
L S M & CoFY 2023116870W

Shareholding

The shareholding of Sherolene Silk Mills Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sherolene Silk Mills Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.83 Cr
Satisfied charges
₹3.05 Cr
Breakdown by lending institutions
Others₹1.83 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Dec 2024101024547Others₹81 LakhOpen
18 Dec 2024101024558Others₹1.02 CrOpen
26 Oct 2018100215112Bank of India₹75 LakhSatisfied
12 Oct 2017100165630Bank of India₹30 LakhSatisfied
05 Mar 200810104172Bank of India₹2 CrSatisfied

To see the full charge records of Sherolene Silk Mills Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sherolene Silk Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Sherolene Silk Mills has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAGCS0465C1ZLMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Sherolene Silk Mills Private Limited, buy the company report.

Recent activity

Sherolene Silk Mills Private Limited has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Suman Aakash Agarwal was appointed as Additional Director on 01 Aug 2025.

Appointed
Suman Aakash Agarwal was appointed as Additional Director.
Charges
A charge registered on 26 Oct 2018 via Charge ID 100215112 with Bank Of India was fully satisfied on 31 Dec 2024.
Charges
A charge registered on 12 Oct 2017 via Charge ID 100165630 with Bank Of India was fully satisfied on 31 Dec 2024.
Charges
A charge registered on 05 Mar 2008 via Charge ID 10104172 with Bank Of India was fully satisfied on 31 Dec 2024.
Charges
A charge with Others amounted to Rs. 81.00 Lakh with Charge ID 101024547 was registered on 18 Dec 2024.
Charges
A charge with Others amounted to Rs. 102.00 Lakh with Charge ID 101024558 was registered on 18 Dec 2024.
AGM
Sherolene Silk Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sherolene Silk Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Mahesh Kumar Ranchhodlal Agarwal ceased to be Director.
Charges
A charge with Bank Of India of Rs. 75.00 Lakh registered on 26 Oct 2018 with Charge ID 100215112 was modified on 18 Jan 2020.
Ceased
Aakash Mahesh Agarwal ceased to be Additional Director.
Charges
A charge with Bank Of India amounted to Rs. 75.00 Lakh with Charge ID 100215112 was registered on 26 Oct 2018.

6 earlier events are in the company report.

Frequently asked questions

Sherolene Silk Mills is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 February 1996 (30+ years old) and is registered under CIN U01100MH1996PTC097690.

Sherolene Silk Mills has 3 current directors:

The latest financial statements of Sherolene Silk Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Sherolene Silk Mills is 27AAGCS0465C1ZL, registered in Maharashtra.

The CIN (Corporate Identification Number) of Sherolene Silk Mills is U01100MH1996PTC097690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sherolene Silk Mills was incorporated on 27 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.

Suman Aakash Agarwal was appointed as Additional Director on 01 Aug 2025. Mahesh Kumar Ranchhodlal Agarwal ceased to be Director on 12 Jun 2023. Aakash Mahesh Agarwal ceased to be Additional Director on 30 Sep 2019. Sherolene Silk Mills has 5 board changes on record in total.

The registered office of Sherolene Silk Mills is at 305 New Kaneri Agarwal House Shri Rang Nagar, Bhiwandi, Maharashtra, India – 421302.

Sherolene Silk Mills operates in the manufacturing industry, in the textile and fabric production segment.

Sherolene Silk Mills has open charges of ₹1.83 Cr and satisfied charges of ₹3.05 Cr as per latest MCA filings.