About Shine Fashions (India) Limited
Data last updated: 14 July 2026
Shine Fashions (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in textile retail and distribution, a part of the broader home and lifestyle products sector. Incorporated on 11 September 2019, the company has been in operation for over 7 years.
Registered with ROC Mumbai under CIN L17299MH2019PLC330440. Listed on BSE: 543244.
Capital: an authorised share capital of ₹13.5 Cr and a paid-up capital of ₹13.43 Cr. It is led by directors including Anil Zaverchand Mehta and Anish Anil Mehta.
Last AGM: 11 July 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per BSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹102 Cr, a growth of 25.02% compared to the previous year. The net worth stands at ₹31.66 Cr (up 35.94% YoY). Total assets are valued at ₹114.2 Cr (up 94.91% YoY).
Its group structure includes 1 subsidiary.
The company is associated with 2 brands - Shine Fashions, A.M. Fabrics. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹75 Lakh on record.
For more details, the company can be reached via its website shinefashions.in.
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Registered Address912 9Th Floor Runwal R – Square, Lbs Road Opp. Veena Nagar Mulund West, Mumbai, Maharashtra, India – 400080
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IndustryHome & Lifestyle, Textile Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Shine Fashions (India) Limited
Shine Fashions (India) Limited has one previous CIN (Corporate Identification Number): U17299MH2019PLC330440. The current CIN is L17299MH2019PLC330440, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17299MH2019PLC330440 | Current |
| U17299MH2019PLC330440 | Previous |
Associated Brands with Shine Fashions (India) Limited
Shine Fashions (India) Limited operates two associated brands: Shine Fashions and A.M. Fabrics. These brands represent Shine Fashions (India) Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies interlinings for apparel industry including fusible and woven types. | shinefashions.in | |
| Provider of residential & commercial architectural design, urban planning, and other services | amfabrics.in |
Competitors & Alternatives of Shine Fashions (India) Limited
Brands and companies operating in the same space as Shine Fashions (India) Limited include Inditex, Bewakoof, American Eagle Outfitters and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Inditex
|
Retailer of fashion products | Arteixo, Spain, Spain | 1974 |
Bewakoof
|
Multi-category fashion products are sold by an internet-first brand. | Mumbai, India, India | 2011 |
American Eagle Outfitters
|
Multi-category fashion products for men and women are offered. | Pittsburgh, United States, United States | 1977 |
Styched
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Multi-category fashion for men and women is offered online. | Bengaluru, India, India | 2019 |
Levi Strauss
|
Brand of fashion apparel for men and women | San Francisco, United States, United States | 1853 |
Max Fashion
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Internet first brand of clothing, footwear, and accessories for women, men, and kids | Bengaluru, India, India | 2006 |
Be Young
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Everyday fashion apparel, accessories, and combo options are retailed. | Udaipur, India, India | 2017 |
Hopscotch
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Programming is facilitated for children via drag-and-drop code blocks. | New York, United States, United States | 2011 |
Business Activity of Shine Fashions (India) Limited
Shine Fashions (India) Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Shine Fashions (India) Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Shine Fashions (India) Limited
Shine Fashions (India) Limited is audited by M/s Gada Chheda & Co. LLP (ICAI peer reviewed, certificate valid till 2029-02-28) 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 |
|---|---|---|
| M/s Gada Chheda & Co. LLP (ICAI peer reviewed, certificate valid till 2029-02-28) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Shine Fashions (India) Limited
Shine Fashions (India) Limited is currently managed by 7 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Zaverchand Mehta | Director | 11 Sep 2019 | 6 Years 10 Months | Current |
| Anish Anil Mehta | Managing Director | 11 Sep 2019 | 6 Years 10 Months | Current |
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Nikita Dungarshi Mange
Also directs:
Shine Fashions (India) Limited, Popon Snacks Private Limited
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Director | 02 Mar 2020 | 6 Years 4 Months | Current |
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Nikita Nikhil Rathod
Also directs:
Shine Fashions (India) Limited
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Director | 20 Mar 2020 | 6 Years 4 Months | Current |
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Purvi Anil Sanghvi
Also directs:
Shine Fashions (India) Limited
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Whole-Time Director | 11 Sep 2019 | 6 Years 10 Months | Current |
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Binal Anish Mehta
Also directs:
Shine Fashions (India) Limited
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Whole-Time Director | 11 Jul 2025 | 1 Years 0 Months | Current |
Financials of Shine Fashions (India) Limited FY 2026 filings available
Shine Fashions (India) Limited reported revenue of ₹102 Cr (up 25.02% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹102 Cr | ₹81.58 Cr | ₹54.13 Cr | ₹21.07 Cr | ₹12.75 Cr |
| Other Income | ₹40.27 Lakh | ₹7.27 Lakh | ₹6.49 Lakh | ₹12.82 Lakh | ₹11.91 Lakh |
| Total Income | ₹102.4 Cr | ₹81.66 Cr | - | - | - |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹101.37 Cr | ₹74.62 Cr | ₹52.57 Cr | ₹19.02 Cr | ₹11.54 Cr |
| Changes in Inventories | -₹16.32 Cr | -₹5.39 Cr | -₹5.61 Cr | -₹82.74 Lakh | -₹1.15 Lakh |
| Employee Benefit Expense | ₹1.13 Cr | ₹1.09 Cr | ₹62.88 Lakh | ₹57.34 Lakh | ₹27.42 Lakh |
| Finance Costs | ₹82.97 Lakh | ₹3.84 Lakh | ₹3.21 Lakh | ₹7.31 Lakh | ₹6.73 Lakh |
| Other Expenses | ₹4.01 Cr | ₹1.93 Cr | ₹1.28 Cr | ₹1.02 Cr | ₹43.97 Lakh |
| Total Expenses | ₹91.04 Cr | ₹72.32 Cr | ₹48.93 Cr | ₹19.88 Cr | ₹12.33 Cr |
| Profit Before Tax | ₹3.81 Cr | ₹9.34 Cr | ₹5.27 Cr | ₹1.31 Cr | ₹54.48 Lakh |
| Total Tax Expense | ₹1.04 Cr | ₹2.35 Cr | ₹1.33 Cr | ₹33.54 Lakh | ₹13.96 Lakh |
| Net Profit | ₹2.93 Cr | ₹7 Cr | ₹3.91 Cr | ₹88.35 Lakh | ₹39.81 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Total Assets | ₹114.2 Cr | ₹58.59 Cr | ₹25.56 Cr | ₹12.47 Cr | ₹7.39 Cr |
| Non-current Assets | ₹22.05 Lakh | ₹25.65 Lakh | ₹23.94 Lakh | ₹23.15 Lakh | ₹23.36 Lakh |
| Current Assets | ₹113.98 Cr | ₹58.34 Cr | ₹25.32 Cr | ₹12.24 Cr | ₹7.16 Cr |
| Property, Plant & Equipment | ₹20.99 Lakh | ₹21.74 Lakh | - | - | - |
| Inventories | ₹28.56 Cr | ₹12.24 Cr | ₹6.86 Cr | ₹1.25 Cr | ₹42.08 Lakh |
| Cash & Equivalents | ₹56.51 Lakh | ₹22.31 Lakh | ₹4.28 Lakh | ₹2.31 Lakh | ₹8.84 Lakh |
| Equity (Net Worth) | ₹31.66 Cr | ₹23.29 Cr | - | - | - |
| Current Liabilities | ₹82.38 Cr | ₹34.94 Cr | ₹15.05 Cr | ₹5.9 Cr | ₹1.8 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹24.42 Cr | ₹1.92 Cr | ₹1.08 Cr | -₹1.19 Cr | ₹26.97 Lakh |
| Investing Cash Flow | ₹67,000 | -₹4.55 Lakh | -₹3.16 Lakh | -₹2.01 Lakh | -₹16.52 Lakh |
| Financing Cash Flow | ₹18.87 Cr | ₹11.04 Cr | -₹1.08 Cr | ₹1.24 Cr | -₹5.94 Lakh |
| Capital Expenditure | ₹2.18 Lakh | ₹4.16 Lakh | - | - | - |
| Free Cash Flow (computed) | -₹24.45 Cr | ₹1.88 Cr | - | - | - |
| Dividends Paid | ₹3.87 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹5.55 Cr | ₹12.91 Cr | -₹3.2 Lakh | ₹3.6 Lakh | ₹4.52 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹99.33 Cr | ₹80.46 Cr | ₹52.89 Cr | ₹19.94 Cr | ₹12.08 Cr | ₹6.88 Cr |
| Other Income | ₹40.03 Lakh | ₹6.96 Lakh | ₹3.7 Lakh | ₹12.83 Lakh | ₹12.1 Lakh | ₹5.02 Lakh |
| Total Income | ₹99.73 Cr | ₹80.53 Cr | - | - | - | - |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹98.82 Cr | ₹73.23 Cr | ₹50.98 Cr | ₹17.38 Cr | ₹11.04 Cr | ₹6.21 Cr |
| Changes in Inventories | -₹16.18 Cr | -₹5.27 Cr | -₹5.56 Cr | -₹49.35 Lakh | -₹1.15 Lakh | ₹4.57 Lakh |
| Employee Benefit Expense | ₹87.2 Lakh | ₹81.65 Lakh | ₹34.94 Lakh | ₹28.94 Lakh | ₹6.73 Lakh | ₹17.35 Lakh |
| Finance Costs | ₹82.97 Lakh | ₹3.84 Lakh | ₹3.21 Lakh | ₹7.27 Lakh | ₹22.62 Lakh | ₹1.88 Lakh |
| Other Expenses | ₹3.69 Cr | ₹2.38 Cr | ₹1.93 Cr | ₹1.75 Cr | ₹34.93 Lakh | ₹21.58 Lakh |
| Total Expenses | ₹88.05 Cr | ₹71.21 Cr | ₹47.74 Cr | ₹19.01 Cr | ₹11.68 Cr | ₹6.67 Cr |
| Profit Before Tax | ₹4.13 Cr | ₹9.32 Cr | ₹5.19 Cr | ₹1.06 Cr | ₹52.77 Lakh | ₹26.17 Lakh |
| Total Tax Expense | ₹1.04 Cr | ₹2.35 Cr | ₹1.31 Cr | ₹26.9 Lakh | ₹13.48 Lakh | ₹3.22 Lakh |
| Net Profit | ₹3.09 Cr | ₹6.97 Cr | ₹3.88 Cr | ₹79.1 Lakh | ₹39.29 Lakh | ₹22.95 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Total Assets | ₹113.22 Cr | ₹57.76 Cr | ₹27.34 Cr | ₹11.91 Cr | ₹7 Cr | ₹6.12 Cr |
| Non-current Assets | ₹25.96 Lakh | ₹25.28 Lakh | ₹24.5 Lakh | ₹22.44 Lakh | ₹22.8 Lakh | ₹5.83 Lakh |
| Current Assets | ₹112.96 Cr | ₹57.51 Cr | ₹27.09 Cr | ₹11.69 Cr | ₹6.77 Cr | ₹6.06 Cr |
| Property, Plant & Equipment | ₹7.06 Lakh | ₹6.39 Lakh | - | - | - | - |
| Inventories | ₹27.88 Cr | ₹11.7 Cr | ₹6.43 Cr | ₹87.35 Lakh | ₹38 Lakh | ₹36.85 Lakh |
| Cash & Equivalents | ₹50.37 Lakh | ₹16.93 Lakh | ₹6,900 | ₹42,400 | ₹3.91 Lakh | ₹4.13 Lakh |
| Equity (Net Worth) | ₹31.68 Cr | ₹23.15 Cr | - | - | - | - |
| Current Liabilities | ₹81.53 Cr | ₹34.56 Cr | ₹17.27 Cr | ₹5.73 Cr | ₹1.61 Cr | ₹1.12 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹24.4 Cr | ₹1.91 Cr | ₹1.03 Cr | -₹1.17 Cr | ₹40.93 Lakh |
| Investing Cash Flow | -₹2.18 Lakh | -₹2.44 Lakh | -₹3.12 Lakh | -₹60,000 | -₹17.89 Lakh |
| Financing Cash Flow | ₹18.87 Cr | ₹11.04 Cr | -₹1.08 Cr | ₹1.24 Cr | -₹23.26 Lakh |
| Capital Expenditure | ₹2.18 Lakh | ₹2.44 Lakh | - | - | - |
| Free Cash Flow (computed) | -₹24.42 Cr | ₹1.89 Cr | - | - | - |
| Dividends Paid | ₹3.87 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹5.56 Cr | ₹12.92 Cr | -₹8.55 Lakh | ₹6.58 Lakh | -₹22,100 |
Shareholding Pattern of Shine Fashions (India) Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 67.47%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 32.53% of Shine Fashions (India) Limited. The company had 322 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Mar 2025 | Sep 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 67.47% | 65.20% | 65.20% | 71.47% | 71.47% | 71.47% |
| Public | 32.53% | 34.80% | 34.80% | 28.53% | 28.53% | 28.53% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|---|
| Promoters | 67.47% | 71.47% | 71.47% | 71.47% | 71.47% |
| Public | 32.53% | 28.53% | 28.53% | 28.53% | 28.53% |
| Promoter change (YoY, %pts) | -4.00 | +0.00 | +0.00 | +0.00 | - |
Group Structure of Shine Fashions (India) Limited
Shine Fashions (India) Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Shine Fashions (India) Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Shinetex Industries Private Limited | U17299MH2021PTC362606 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Shine Fashions (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2025 | Others | ₹10 Cr | Open |
| 24 Feb 2021 | Others | ₹75 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Shine Fashions (India) Limited
View historical data on people associated with Shine Fashions (India) Limited, including employment history and EPFO contributions.
Employee and EPFO history for Shine Fashions (India) Limited
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GST Compliance of Shine Fashions (India) Limited
GST registrations and filing compliance for Shine Fashions (India) Limited
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Credit Ratings, Litigation & Regulatory Alerts for Shine Fashions (India) Limited
Credit ratings, litigation, and regulatory alerts for Shine Fashions (India) Limited
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MSME Payment Delays by Shine Fashions (India) Limited
MSME payment history for Shine Fashions (India) Limited
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Subsidiaries & Group Companies of Shine Fashions (India) Limited
Corporate group structure for Shine Fashions (India) Limited
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MCA Filings & Documents of Shine Fashions (India) Limited
MCA filings and documents for Shine Fashions (India) Limited
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Recent Activity on Shine Fashions (India) Limited
Frequently Asked Questions about Shine Fashions (India) Limited
Shine Fashions (India) Limited is an active public limited company in the home and lifestyle sector based in Mumbai, Maharashtra, India. It was incorporated on 11 September 2019 (7+ years old) and is registered under CIN L17299MH2019PLC330440. Listed on BSE: 543244.
Shine Fashions (India) Limited reported revenue of ₹102 Cr for FY 2026 (up 25.02% YoY) based on consolidated BSE filings.
The current directors of Shine Fashions (India) Limited are:
- Anil Zaverchand Mehta - Director
- Anish Anil Mehta - Managing Director
- Nikita Dungarshi Mange - Director
- Nikita Nikhil Rathod - Director
- Purvi Anil Sanghvi - Whole-Time Director
- Binal Anish Mehta - Whole-Time Director
- Labdhi Manish Vora - Director
The primary industry of Shine Fashions (India) Limited is home and lifestyle. The company specifically operates in textile retail and distribution. The company is currently active in this sector.
Yes. Shine Fashions (India) Limited is listed on BSE with code 543244.
Shine Fashions (India) Limited can be reached at the registered office: 912 9Th Floor Runwal R – Square, Lbs Road Opp. Veena Nagar Mulund West, Mumbai, Maharashtra, India – 400080, or through the website shinefashions.in.