MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-03-0000672
Shree Hari Spintex Limited - manufacturing in Maur, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹84.63 Cr
▲ 19% YoY
Net profit · FY 2025
₹1.37 Cr
Net margin 1.6%
EBITDA · FY 2025
₹5.65 Cr
EBITDA margin 6.7%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹5.53 Cr
Issued & subscribed
Open charges
₹41.05 Cr
Satisfied ₹10 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
19
Provident fund records
About Shree Hari Spintex Limited
Data last updated:
Shree Hari Spintex Limited is a public limited company based in Maur, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17200PB2007PLC031089. Its GSTIN is 03AAKCS7908L1ZY (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.53 Cr. It is led by directors including Vivek Verma and Ishaan Verma.
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 Bathinda Road, Maur, Punjab, India – 151509.
As per the financials filed for FY 2025, the company reported a revenue of ₹84.63 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.37 Cr (net margin 1.6%) and EBITDA of ₹5.65 Cr (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shree Hari Spintex. As per MCA filings, the company has open charges of ₹41.05 Cr and satisfied charges of ₹10 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 2 cases are pending.
Shree Hari Spintex Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-03-0000672). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreeharispintex.com.
Company Details of Shree Hari Spintex Limited
CIN U17200PB2007PLC031089
Registration Number 031089
Incorporation Date 26 April 2007
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-03-0000672
Recognitions & Rankings of Shree Hari Spintex
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBathinda Road, Maur, Punjab, India – 151509
- IndustryManufacturing, Textile & Fabric Production
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Associated Brands with Shree Hari Spintex Limited
Shree Hari Spintex operates one associated brand: Shree Hari Spintex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cotton spinning and textile manufacturing in Punjab, India. | shreeharispintex.com |
Business Activity of Shree Hari Spintex Limited
The main business activity of Shree Hari Spintex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Shree Hari Spintex Limited FY 2025 filings available
Shree Hari Spintex Limited reported revenue of ₹84.63 Cr (up 19% YoY) for FY 2025.
Revenue · FY 2025
₹84.63 Cr ▲ 19%
Net profit · FY 2025
₹1.37 Cr margin 1.6%
EBITDA · FY 2025
₹5.65 Cr margin 6.7%
Compounded Annual Growth Rate (CAGR) of Shree Hari Spintex Limited
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▼ 10%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▼ 3%
5 years · compounded
▲ 24%
Revenue rose 19% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 49% 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 of Shree Hari Spintex Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹5.65 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.37 Cr | •••• | •••• | •••• | •••• |
| 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 of Shree Hari Spintex Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shree Hari Spintex are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Shree Hari Spintex Limited
Shree Hari Spintex has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Verma Also directs: Square Texcorp LLP, Indian Green Organix Private Limited, Viva Textile Ventures Private Limited and 5 more | Director | 27 Jan 2023 | 3 Years 8 Months | Current |
| Ishaan Verma Also directs: Square Texcorp LLP, Indian Green Organix Private Limited, Viva Textile Ventures Private Limited and 5 more | Director | 27 Jan 2023 | 3 Years 8 Months | Current |
| Sidhanshu Garg | Director | 06 Sep 2019 | 7 Years 1 Months | Current |
| Sat Pal | Director | 26 Apr 2007 | 19 Years 5 Months | Current |
| Sandeep Kumar | Director | 26 Apr 2007 | 19 Years 5 Months | Current |
| Deepak Kumar | Director | 26 Apr 2007 | 19 Years 5 Months | Current |
Peer Comparison of Shree Hari Spintex Limited
Shree Hari Spintex Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Texas Woollen Mills Pvt Ltd | ₹84.83 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Ludhiana, Punjab, India |
| Rainbow Spinners Private Limited | ₹84.83 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Pallipalayam, Tamil Nadu, India |
| Amrit Crafts Private Limited | ₹84.81 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
| Polylon Fabrics Private Limited | ₹84.78 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Panipat, Haryana, India |
| Arora Fabrics Pvt Limited | ₹84.65 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Punjab, India |
| Shree Hari Spintex Limited this company | ₹84.63 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Maur, Punjab, India |
| Veekay Prints Private Limited | ₹84.56 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Surat, Gujarat, India |
| Amrapur Fabrics Private Limited | ₹84.53 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| Akash Fashion Prints Private Limited | ₹84.5 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Ahmedabad, Gujarat, India |
| Kuldip Oswal Hosiery Mills Pvt Ltd | ₹84.38 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Ludhiana, Punjab, India |
| Pariyur Amman Spinning Mills Private Limited | ₹84.29 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Erode, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Shree Hari Spintex by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shree Hari Spintex Limited
Shree Hari Spintex Limited is audited by SHIV JINDAL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHIV JINDAL & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Shree Hari Spintex Limited
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Shareholding and ownership data
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Charges & Borrowings of Shree Hari Spintex Limited
Open charges
₹41.05 Cr
Satisfied charges
₹10 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Oct 2023 | Hdfc Bank Limited | ₹10 Cr | Open |
| 22 May 2017 | Hdfc Bank Limited | ₹30.95 Cr | Open |
| 19 Sep 2007 | State Bank of India | ₹9.98 Lakh | Open |
| 24 Jan 2019 | State Bank of India | ₹5 Cr | Satisfied |
| 11 Apr 2018 | Others | ₹5 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Shree Hari Spintex Limited
Shree Hari Spintex Limited has 9 court cases on record: 5 filed by Shree Hari Spintex, 4 filed against it. 2 cases are pending and 7 are disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Total cases
9
Filed by the company
5
Filed against the company
4
Pending
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
| High courts | 4 | 4 | 2 |
Cases on record (4 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bathinda, Punjab | Criminal miscellaneous application | Filed by the company against Mayfair Fabrics Limited | Disposed |
| District court, Bathinda, Punjab | Commercial suit | Filed by the company against Mayfair Fabrics Limited | Disposed |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by Mayfairs Fabrics Limited | Pending |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
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Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Shree Hari Spintex Limited
Shree Hari Spintex Limited has a workforce of 19 employees as of Apr 04, 2024.
Employee count
19
Active EPFO establishments
1
Employee growth
26.67%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Shree Hari Spintex Limited
Shree Hari Spintex Limited has 14 board changes on record since 2007: 6 appointments and 8 cessations. The latest: Sushil Kumar ceased to be Director on 01 Aug 2025.
AGM
Shree Hari Spintex Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Sushil Kumar ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 30.95 Cr registered on 22 May 2017 with Charge ID 100104207 was modified on 31 Jul 2025.
Filing
Shree Hari Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100809388 was registered on 26 Oct 2023.
Ceased
Ishaan Verma ceased to be Additional Director.
Ceased
Vivek Verma ceased to be Additional Director.
Appointed
Ishaan Verma was appointed as Director.
Appointed
Vivek Verma was appointed as Director.
Ceased
Rakesh Kumar ceased to be Director.
Ceased
Vinod Kumar ceased to be Director.
Charges
A charge registered on 24 Jan 2019 via Charge ID 100236592 with State Bank Of India was fully satisfied on 08 May 2020.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shree Hari Spintex Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Shree Hari Spintex Limited
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Subsidiaries & Group Companies of Shree Hari Spintex Limited
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Corporate group structure
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GST Compliance of Shree Hari Spintex Limited
Shree Hari Spintex has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAKCS7908L1ZY | Punjab | Active | 01 Jul 2017 |
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MCA Filings & Documents of Shree Hari Spintex Limited
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MCA filings and documents
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Frequently Asked Questions about Shree Hari Spintex Limited
Shree Hari Spintex is an active public limited company based in Maur, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 April 2007 (19+ years old) and is registered under CIN U17200PB2007PLC031089.
Shree Hari Spintex reported revenue of ₹84.63 Cr for FY 2025 (up 19% YoY).
Shree Hari Spintex has 6 current directors:
- Vivek Verma - Director
- Ishaan Verma - Director
- Sidhanshu Garg - Director
- Sat Pal - Director
- Sandeep Kumar - Director
- Deepak Kumar - Director
Shree Hari Spintex reported a net profit of ₹1.37 Cr (net margin 1.6%) and EBITDA of ₹5.65 Cr (EBITDA margin 6.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shree Hari Spintex is -10% over three years and -2% over five years. In the latest year (FY 2025) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shree Hari Spintex is 03AAKCS7908L1ZY, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shree Hari Spintex is U17200PB2007PLC031089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Hari Spintex has 9 court cases on record: 5 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Shree Hari Spintex was incorporated on 26 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Shree Hari Spintex by revenue are Texas Woollen Mills Pvt Ltd, Rainbow Spinners Private Limited, Amrit Crafts Private Limited, Polylon Fabrics Private Limited, Arora Fabrics Pvt Limited and 5 more, all in the Manufacturing industry (Textiles).
Sushil Kumar ceased to be Director on 01 Aug 2025. Ishaan Verma ceased to be Additional Director on 27 Sep 2023. Vivek Verma ceased to be Additional Director on 27 Sep 2023. Shree Hari Spintex has 14 board changes on record in total.