- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-10-0065891

Sheth Brothers (India) Pvt Ltd
About Sheth Brothers (India) Pvt Ltd
Data last updated:
Sheth Brothers (India) Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 10 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17232WB1990PTC049398. Its GSTIN is 19AAECS6701P1ZU (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49 Lakh. It is led by directors including Virendra Kantilal Mehta and Jaydip K Mehta.
Its last annual general meeting (AGM) was held on 04 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 61 Bentick Street, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2026, the company reported a revenue of ₹58.47 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹52,993 (net margin -0.9%) and EBITDA of -₹46,476 (EBITDA margin -0.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 11% over five years.
As per MCA filings, the company has satisfied charges of ₹2.08 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 1 case is pending.
Sheth Brothers (India) Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0065891). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Sheth Brothers (India)
Contact details
Sheth Brothers (India) Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address61 Bentick Street, Kolkata, West Bengal, India – 700071
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Sheth Brothers (India) Pvt Ltd, 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 Sheth Brothers (India) is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Sheth Brothers (India) Pvt Ltd, buy the company report.
Financials of Sheth Brothers (India) Pvt Ltd
FY 2026 filings availableSheth Brothers (India) Pvt Ltd reported revenue of ₹58.47 Lakh (up 360% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 360% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 93% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹58.47 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹46,476 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹52,993 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.8% | ||||
| Net Profit Margin | -0.9% | ||||
| 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 Sheth Brothers (India) Pvt Ltd, buy the company report.
Board of directors of Sheth Brothers (India) Pvt Ltd
Sheth Brothers (India) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virendra Kantilal Mehta | Director | 10 Jul 1990 | 36 Years 4 Months | Current |
| Jaydip K Mehta | Director | 21 Jul 2000 | 26 Years 3 Months | Current |
| Tushar Kantilal Mehta Also directs: Parth Technocomm LLP | Director | 10 Jul 1990 | 36 Years 4 Months | Current |
| Pradip Sheth | Director | 10 Jul 1990 | 36 Years 4 Months | Current |
Auditor
Sheth Brothers (India) Pvt Ltd is audited by C K PATWARI & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C K PATWARI & ASSOCIATES | FY 2015 | 322416E |
Shareholding
The shareholding of Sheth Brothers (India) Pvt Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sheth Brothers (India) Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2001 | 80024676 | State Bank of Indore | ₹1 Cr | Satisfied | |
| 09 Aug 1999 | 80058262 | Others | ₹1.08 Cr | Satisfied |
To see the full charge records of Sheth Brothers (India) Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sheth Brothers (India) Pvt Ltd has 7 court cases on record: 2 filed by Sheth Brothers (India), 5 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 1 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by The Mula Sahakari Sakhar Karkhana Ltd. Sonai | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
| District court, Ahmednagar, Maharashtra | Court case (R.C.A.) | Filed against the company by The Mula Sahakari Sakhar Karkhana Ltd., Sonai | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| District court, Ahmednagar, Maharashtra | Court case (R.C.A.) | Filed against the company by an individual | Disposed |
To see the full case history of Sheth Brothers (India) Pvt Ltd, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sheth Brothers (India) Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sheth Brothers (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECS6701P1ZU | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sheth Brothers (India) Pvt Ltd, buy the company report.
Recent activity
Sheth Brothers (India) Pvt Ltd has 12 board changes on record since 1990: 8 appointments and 4 cessations. The latest: Divya Jagmohan Sheth ceased to be Director on 31 Dec 2014.
9 earlier events are in the company report.
Frequently asked questions
Sheth Brothers (India) is an active private limited company based in Kolkata, West Bengal, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 10 July 1990 (36+ years old) and is registered under CIN U17232WB1990PTC049398.
Sheth Brothers (India) has 4 current directors:
- Virendra Kantilal Mehta - Director
- Jaydip K Mehta - Director
- Tushar Kantilal Mehta - Director
- Pradip Sheth - Director
The latest financial statements of Sheth Brothers (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Sheth Brothers (India) is 19AAECS6701P1ZU, registered in West Bengal.
The CIN (Corporate Identification Number) of Sheth Brothers (India) is U17232WB1990PTC049398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheth Brothers (India) has 7 court cases on record: 2 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Sheth Brothers (India) was incorporated on 10 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.
Divya Jagmohan Sheth ceased to be Director on 31 Dec 2014. Lilam Ben Mehta ceased to be Director on 31 Dec 2014. Khimchand Jagjivan Mehta ceased to be Director on 25 Jan 2014. Sheth Brothers (India) has 12 board changes on record in total.
Yes, Sheth Brothers (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-10-0065891).
The registered office of Sheth Brothers (India) is at 61 Bentick Street, Kolkata, West Bengal, India – 700071.

