MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0026399
Sheth Publishers Pvt Ltd - media and publishing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.09 Cr
▼ 14% YoY
Net loss · FY 2024
₹15.22 Lakh
Net margin -3.7%
EBITDA · FY 2024
₹6.91 Lakh
EBITDA margin 1.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹1.84 Cr
Satisfied ₹9.68 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
29
Provident fund records
About Sheth Publishers Pvt Ltd
Data last updated:
Sheth Publishers Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the book and digital publishing segment of the media and publishing sector. It was incorporated on 12 June 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22100MH1987PTC043722. Its GSTIN is 27AAFCS7165L1ZS (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Kirit Harkishandas Sheth (Managing Director) and Deepak Harkisondas Sheth.
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 4 Lalwani Industrial Estate14 G D Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.09 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹15.22 Lakh (net margin -3.7%) and EBITDA of ₹6.91 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 7% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Sheth Publishers and Sheth. As per MCA filings, the company has open charges of ₹1.84 Cr and satisfied charges of ₹9.68 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
Sheth Publishers Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0026399). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shethpublishers.com.
Company details
CIN U22100MH1987PTC043722
Registration Number 043722
Incorporation Date 12 June 1987
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
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0026399
Key People
Kirit Harkishandas Sheth Managing Director Deepak Harkisondas Sheth Director Pallavi Kiritkumar Sheth Director Recognitions & Rankings of Sheth Publishers
Contact details
Sheth Publishers Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is shethpublishers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address4 Lalwani Industrial Estate14 G D Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031
- IndustryMedia and Publishing, Book & Digital Publishing
To see the full contact details of Sheth Publishers Pvt Ltd, buy the company report.
Comprehensive company report
Sheth Publishers Pvt Ltd - 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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Secure checkout · GST invoice included
Brands
Sheth Publishers operates two associated brands: Sheth Publishers and Sheth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers online books, eBooks, and test series for educational learning purposes. | shethpublishers.com | |
| Publishing educational books and materials for children and students. | shethbooks.com |
Business activity
The main business activity of Sheth Publishers is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of Sheth Publishers Pvt Ltd, buy the company report.
Financials of Sheth Publishers Pvt Ltd
FY 2024 filings availableSheth Publishers Pvt Ltd reported revenue of ₹4.09 Cr (down 14% YoY) for FY 2024.
Revenue · FY 2024
₹4.09 Cr ▼ 14%
Net loss · FY 2024
₹15.22 Lakh margin -3.7%
EBITDA · FY 2024
₹6.91 Lakh margin 1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 23%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 156%
3 years · compounded
▲ 28%
5 years · compounded
▼ 28%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 14% fall in the latest year. EBITDA rose 156% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹6.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.22 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | -3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sheth Publishers Pvt Ltd, buy the company report.
Board of directors of Sheth Publishers Pvt Ltd
Sheth Publishers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Harkisondas Sheth | Director | 16 Jun 1987 | 39 Years 4 Months | Current |
| Kirit Harkishandas Sheth | Managing Director | 12 Jun 1987 | 39 Years 4 Months | Current |
| Pallavi Kiritkumar Sheth | Director | 24 Dec 2003 | 22 Years 9 Months | Current |
| Kunjlata Deepak Sheth | Director | 24 Dec 2003 | 22 Years 9 Months | Current |
Peer comparison
Sheth Publishers Pvt Ltd is compared with the 4 companies closest to it by revenue in the Media and Publishing industry (Publishing), with the same principal business activity (publishing of newspapers, books, periodicals, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Niyogi Books Private Limited | ₹4.14 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Parragon Publishing (India) Private Limited | ₹4.11 Cr (FY 2025) | -60.0% | Delhi, India | |||
| Sheth Publishers Pvt Ltd this company | ₹4.09 Cr (FY 2024) | -₹15.22 Lakh | -3.7% | -14.0% | 29 | Mumbai, Maharashtra, India |
| Spectrum Books Pvt Ltd | ₹4.07 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Mahendra Publication Private Limited | ₹4.05 Cr (FY 2025) | -30.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sheth Publishers Pvt Ltd, buy the company report.
Auditor
Sheth Publishers Pvt Ltd is audited by SHR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHR & CO. | FY 2023 | 120491W |
Shareholding
The shareholding of Sheth Publishers Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sheth Publishers Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹1.84 Cr
Satisfied charges
₹9.68 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2025 | 101188769 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 17 Mar 2023 | 100768998 | Yes Bank Limited | ₹1.5 Cr | Open | |
| 14 Sep 2022 | 100613305 | Hdfc Bank Limited | ₹19 Lakh | Open | |
| 21 Feb 2018 | 100164132 | Hdfc Bank Limited | ₹1.2 Cr | Satisfied | |
| 17 Mar 2017 | 100091027 | Hdfc Bank Limited | ₹1.2 Cr | Satisfied |
To see the full charge records of Sheth Publishers Pvt Ltd, buy the company report.
Total charge records: 12 View all charges
Legal cases
Sheth Publishers Pvt Ltd has 5 court cases on record: 4 filed by Sheth Publishers, 1 filed against it. All cases are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against an individual | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (CHS) | Filed by the company against an individual | Disposed |
| Bombay High Court | Criminal miscellaneous application | Filed against the company | Disposed |
To see the full case history of Sheth Publishers 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
Sheth Publishers Pvt Ltd has 11 MSME Form 1 returns on record between 2019 and 2023, listing 138 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Incredible Printing and Packaging Solutions LLP | |||
| an individual supplier | |||
| Indo Europa Trading Company | |||
| Impel Services Private Limited | |||
| Khokha Packaging & Design |
To see the full MSME payment records of Sheth Publishers Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sheth Publishers Pvt Ltd has a workforce of 29 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
3.57%
GST
Sheth Publishers has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS7165L1ZS | Maharashtra | Active | 01 Jul 2017 |
| 30AAFCS7165L1Z5 | Goa | Active | 08 May 2019 |
To see the full GST registrations and return filing status of Sheth Publishers Pvt Ltd, buy the company report.
Recent activity
Sheth Publishers Pvt Ltd has 7 board changes on record since 1987: 4 appointments and 3 cessations. The latest: Chaitali Kirit Sheth ceased to be Director on 22 Nov 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 101188769 was registered on 13 Nov 2025.
AGM
Sheth Publishers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sheth Publishers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Yes Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100768998 was registered on 17 Mar 2023.
Charges
A charge registered on 21 Feb 2018 via Charge ID 100164132 with Hdfc Bank Limited was fully satisfied on 27 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100613305 was registered on 14 Sep 2022.
Charges
A charge registered on 17 Mar 2017 via Charge ID 100091027 with Hdfc Bank Limited was fully satisfied on 20 Jan 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 1.20 Cr registered on 17 Mar 2017 with Charge ID 100091027 was modified on 23 Mar 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100164132 was registered on 21 Feb 2018.
Charges
A charge registered on 20 May 1996 via Charge ID 90243280 with Indian Bank was fully satisfied on 27 Apr 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100091027 was registered on 17 Mar 2017.
Charges
A charge with Indian Bank of Rs. 0.95 Cr registered on 20 May 1996 with Charge ID 90243280 was modified on 05 Aug 2015.
23 earlier events are in the company report.
Frequently asked questions
Sheth Publishers is an active private limited company based in Mumbai, Maharashtra, India. The company works in book and digital publishing, within the media and publishing industry. It was incorporated on 12 June 1987 (39+ years old) and is registered under CIN U22100MH1987PTC043722.
Sheth Publishers has 4 current directors:
- Kirit Harkishandas Sheth - Managing Director
- Deepak Harkisondas Sheth - Director
- Pallavi Kiritkumar Sheth - Director
- Kunjlata Deepak Sheth - Director
The latest financial statements of Sheth Publishers 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 Sheth Publishers is 27AAFCS7165L1ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AAFCS7165L1Z5 (Goa).
The CIN (Corporate Identification Number) of Sheth Publishers is U22100MH1987PTC043722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheth Publishers has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.
Sheth Publishers was incorporated on 12 June 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sheth Publishers by revenue are Niyogi Books Private Limited, Parragon Publishing (India) Private Limited, Spectrum Books Pvt Ltd, Mahendra Publication Private Limited, all in the Media and Publishing industry (Publishing), with the same principal business activity (publishing of newspapers, books, periodicals, etc. activities).
Chaitali Kirit Sheth ceased to be Director on 22 Nov 2013. Kirit Harkishandas Sheth ceased to be Director on 01 Jun 2012. Neela Suketu Shah ceased to be Director on 07 Mar 2008. Sheth Publishers has 7 board changes on record in total.
Yes, Sheth Publishers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0026399).
Sheth Publishers has 11 MSME Form 1 returns on record between 2019 and 2023, listing 138 overdue payments to 8 micro and small suppliers. The latest return was filed on 26 Oct 2023.
Sheth Publishers can be reached through the website shethpublishers.com. Its registered office is in Mumbai, Maharashtra, India.