MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-10-0064782
Shital Spinning Mills Ltd - manufacturing in Jalandhar, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.66 Lakh
▲ 11% YoY
Net profit · FY 2024
₹7.78 Lakh
Net margin 73%
EBITDA · FY 2024
₹10.45 Lakh
EBITDA margin 98.1%
Authorised capital
₹2.1 Cr
Registered with MCA
Paid-up capital
₹2.08 Cr
Issued & subscribed
Open charges
₹96.78 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
3
As per MCA filings
About Shital Spinning Mills Ltd
Data last updated:
Shital Spinning Mills Ltd is a public limited company based in Jalandhar, Punjab, India, a subsidiary of Shital Fibres Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17115PB1995PLC015888. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2.08 Cr. It is led by directors including Abhishek Vij and Vani Vij.
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 C 110 Focal Point Extn Jalandhar City, Punjab, India – 144004.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.66 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹7.78 Lakh (net margin 73%) and EBITDA of ₹10.45 Lakh (EBITDA margin 98.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹96.78 Cr on record.
Shital Spinning Mills Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-10-0064782). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shitalgroups.com.
Company details
CIN U17115PB1995PLC015888
Registration Number 015888
Incorporation Date 23 February 1995
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Shital Fibres Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-10-0064782
CIN history
Shital Spinning Mills has one previous CIN (Corporate Identification Number): L17115PB1995PLC015888. The current CIN is U17115PB1995PLC015888, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17115PB1995PLC015888 | Current |
| L17115PB1995PLC015888 | Previous |
Recognitions & Rankings of Shital Spinning Mills
Contact details
Shital Spinning Mills Ltd's registered office is in Jalandhar, Punjab. Its website is shitalgroups.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC 110 Focal Point Extn Jalandhar City, Punjab, India – 144004
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shital Spinning Mills Ltd, buy the company report.
Comprehensive company report
Shital Spinning Mills 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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Financials of Shital Spinning Mills Ltd
FY 2025 filings availableShital Spinning Mills Ltd reported revenue of ₹10.66 Lakh (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹10.66 Lakh ▲ 11%
Net profit · FY 2024
₹7.78 Lakh margin 73%
EBITDA · FY 2024
₹10.45 Lakh margin 98.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 2%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 3%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 11% growth in the latest year. EBITDA rose 14% 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 |
|---|---|---|---|---|---|
| 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 | ₹10.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.78 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.1% | ||||
| Net Profit Margin | 73% | ||||
| 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 Shital Spinning Mills Ltd, buy the company report.
Board of directors of Shital Spinning Mills Ltd
Shital Spinning Mills has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Vij Also directs: Shital Fibres Limited, Grace News and Media Network Limited | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
| Vani Vij Also directs: Shital Fibres Limited, Chinar Forge Limited | Director | 28 Feb 2022 | 4 Years 8 Months | Current |
| Ruchi Vij | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Shital Spinning Mills Ltd is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pulliccar Mills Limited | ₹10.69 Lakh (FY 2025) | 51.0% | Tiruchengode, Tamil Nadu, India | |||
| Spinlon India Private Limited | ₹10.68 Lakh (FY 2025) | Surat, Gujarat, India | ||||
| Harekrishna Texturising Pvt Ltd | ₹10.67 Lakh (FY 2025) | -34.0% | Surat, Gujarat, India | |||
| Astha Business Private Limited | ₹10.67 Lakh (FY 2024) | -11.0% | Kolkata, West Bengal, India | |||
| Kailash Knit Pack Private Limited | ₹10.66 Lakh (FY 2025) | -66.0% | Amritsar, Punjab, India | |||
| Shital Spinning Mills Ltdthis company | ₹10.66 Lakh (FY 2024) | ₹7.78 Lakh | 73% | 11.0% | Jalandhar, Punjab, India | |
| J.K.Lungie Handloom Private Limited | ₹10.65 Lakh (FY 2022) | 61.0% | Kolkata, West Bengal, India | |||
| Raiganj Crafts Bhumi Producer Company Limited | ₹10.64 Lakh (FY 2025) | 12.0% | Raiganj, West Bengal, India | |||
| Magur Textiles Pvt Ltd | ₹10.61 Lakh (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Swastik Coaters Pvt Ltd | ₹10.6 Lakh (FY 2024) | 715.0% | Hyderabad, Telangana, India | |||
| Aksn Textiles Private Limited | ₹10.58 Lakh (FY 2025) | 25.0% | Delhi, India |
To see the full peer comparison of Shital Spinning Mills Ltd, buy the company report.
Auditor
Shital Spinning Mills Ltd is audited by MANJUL MITTAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANJUL MITTAL & ASSOCIATES | FY 2023 | 020839N |
Shareholding
The shareholding of Shital Spinning Mills 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 Shital Spinning Mills Ltd, buy the company report.
Charges & borrowings
Open charges
₹96.78 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2022 | 100591913 | Others | ₹4.2 Cr | Open | |
| 13 Sep 2013 | 10452387 | Others | ₹90.58 Cr | Open | |
| 20 Sep 1995 | 90173225 | Oriental Bank of Commerce | ₹25 Lakh | Open | |
| 20 Sep 1995 | 90309992 | Oriental Bank of Commerce | ₹25 Lakh | Open | |
| 09 Jun 1995 | 90173197 | Small Ind. Development Bank of India | ₹75 Lakh | Open |
To see the full charge records of Shital Spinning Mills Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Shital Spinning Mills Ltd 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 Shital Spinning Mills Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shital Spinning Mills has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Shital Spinning Mills Ltd, buy the company report.
Recent activity
Shital Spinning Mills Ltd has 9 board changes on record since 2019: 3 appointments and 6 cessations. The latest: Vani Vij ceased to be Additional Director on 30 Sep 2022.
AGM
Shital Spinning Mills Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shital Spinning Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Others of Rs. 90.58 Cr registered on 13 Sep 2013 with Charge ID 10452387 was modified on 15 May 2023.
Ceased
Vani Vij ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 4.20 Cr with Charge ID 100591913 was registered on 01 Jul 2022.
Ceased
Palak Arora ceased to be Director.
Appointed
Vani Vij was appointed as Director.
Ceased
Abhishek Vij ceased to be Additional Director.
Ceased
Ruchi Vij ceased to be Additional Director.
Ceased
Sheetesh Vij ceased to be Director.
Ceased
Shital Kumar Vij ceased to be Director.
Appointed
Abhishek Vij was appointed as Director.
9 earlier events are in the company report.
Frequently asked questions
Shital Spinning Mills is an active public limited company based in Jalandhar, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 February 1995 (31+ years old) and is registered under CIN U17115PB1995PLC015888.
Shital Spinning Mills has 3 current directors:
- Abhishek Vij - Director
- Vani Vij - Director
- Ruchi Vij - Director
The latest financial statements of Shital Spinning Mills 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.
No. Shital Spinning Mills has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shital Spinning Mills is U17115PB1995PLC015888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shital Spinning Mills was incorporated on 23 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Shital Spinning Mills by revenue are Pulliccar Mills Limited, Spinlon India Private Limited, Harekrishna Texturising Pvt Ltd, Astha Business Private Limited, Kailash Knit Pack Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Vani Vij ceased to be Additional Director on 30 Sep 2022. Palak Arora ceased to be Director on 28 Feb 2022. Vani Vij was appointed as Director on 28 Feb 2022. Shital Spinning Mills has 9 board changes on record in total.
Yes, Shital Spinning Mills is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-10-0064782).
Shital Spinning Mills can be reached through the website shitalgroups.com. Its registered office is in Jalandhar, Punjab, India.
The registered office of Shital Spinning Mills is at C 110 Focal Point Extn Jalandhar City, Punjab, India – 144004.
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