MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0098636
Market Cap
₹356 Cr
SHREEDHAR-ST · NSE
Share Price
₹166.00
0.00% today
Revenue
₹146 Cr
FY 2025-26 · +9.0% YoY
EBITDA
₹17.79 Cr
Margin 12.2%
Net Profit
₹6.17 Cr
FY 2025-26 · +80.9% YoY
ROE
24.6%
ROCE 12.1%
Debt / Equity
3.62
Interest cover 47.1x
Authorised capital
₹25 Cr
Registered with MCA
About Shreedhar Spinners Limited
Data last updated:
Shreedhar Spinners Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Shreedhar Cotsyn Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2020PLC351591. Its GSTIN is 27ABFCS0669E1ZA (Maharashtra). It is a listed company as per MCA records. Its shares are listed on NSE: SHREEDHAR.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.65 Cr. It was formerly known as Shreedhar Spinners Private Limited. It is led by directors including Dharmendra Mohandas Goyal (Managing Director) and Vishal Rajendra Prasad Agarwal.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 503 Matharu Arcade, Subhash Road Vile Parle East Mumbai City Mumbai, Maharashtra, India – 400057.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹146.37 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹6.17 Cr (net margin 4.2%) and EBITDA of ₹17.79 Cr (EBITDA margin 12.2%). The net worth stands at ₹29.76 Cr (up 46.3% YoY). Total assets are valued at ₹145.81 Cr (up 70.1% YoY).
The company has about 79 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Shreedhar Spinners and Shreedhar. As per MCA filings, the company has open charges of ₹97.4 Cr on record. The company has 1 deal on record (1 ipo); the latest was in June 2026. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 3 smaller; the largest is Reynold Shirting Limited with revenue of ₹135.45 Cr.
Shreedhar Spinners Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0098636). For more details, the company can be reached via its website shreedhar.com.
Company details
CIN U17299MH2020PLC351591
Registration Number 351591
Incorporation Date 09 December 2020
ROC Mumbai
Listing Status Listed (NSE: SHREEDHAR)
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2026
Parent Company Shreedhar Cotsyn Private Limited
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0098636
CIN history
Shreedhar Spinners has one previous CIN (Corporate Identification Number): U17299MH2020PTC351591. The current CIN is U17299MH2020PLC351591, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17299MH2020PLC351591 | Current |
| U17299MH2020PTC351591 | Previous |
Key People
Dharmendra Mohandas Goyal Managing Director Vishal Rajendra Prasad Agarwal Director Utsav Sumantkumar Bhavsar Director Recognitions & Rankings of Shreedhar Spinners
Contact details
Shreedhar Spinners Limited's registered office is in Mumbai, Maharashtra.
- Registered Address503 Matharu Arcade, Subhash Road Vile Parle East Mumbai City Mumbai, Maharashtra, India – 400057
- IndustryManufacturing, Textile & Fabric Production
Comprehensive company report
Shreedhar Spinners Limited - 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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Brands
Shreedhar Spinners operates two associated brands: SHREEDHAR SPINNERS and Shreedhar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A brand offering casual wear apparel for men and women, focusing on style and comfort. | shreedharspinners.com | |
| Textile fibers, yarns, and fabrics manufacturing and exporting in India. | shreedhar.com |
Business activity
The main business activity of Shreedhar Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Shreedhar Spinners Limited, buy the company report.
Financials of Shreedhar Spinners Limited
FY 2025-26 filings availableShreedhar Spinners Limited reported revenue of ₹146.37 Cr (up 9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹146 Cr
+9.0% YoY
EBITDA
₹17.79 Cr
+35.0% YoY
Profit After Tax
₹6.17 Cr
+80.9% YoY
Net Worth
₹29.76 Cr
+46.3% YoY
Total Assets
₹146 Cr
+70.1% YoY
Total Debt
₹116 Cr
+77.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income statement | |||
| Revenue | 146 | 134 | 126 |
| Revenue growth | +9.0% | +6.5% | - |
| EBITDA | 17.79 | 13.18 | 13.55 |
| EBITDA margin | +12.2% | +9.8% | +10.7% |
| Profit before tax | 7.47 | 4.12 | 4.05 |
| Net profit | 6.17 | 3.41 | 3.35 |
| Net profit margin | +4.2% | +2.5% | +2.7% |
| EPS (₹) | 3.94 | 2.28 | 2.23 |
| Balance sheet | |||
| Total assets | 146 | 85.73 | 79.05 |
| Net worth | 29.76 | 20.34 | 16.92 |
| Total debt | 116 | 65.30 | 62.11 |
| Cash & bank | 0.08 | 0.11 | 0.12 |
| Net working capital | 27.11 | 16.91 | 14.37 |
| Cash flow | |||
| Cash from operations | 7.78 | 10.47 | 8.65 |
| Cash from investing | (54.78) | (8.21) | (1.30) |
| Cash from financing | 46.97 | (2.26) | (7.30) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue | 146 | 134 | 126 |
| Revenue growth | +9.0% | +6.5% | - |
| Other income | 0.18 | 0.16 | 0.21 |
| Total expenses | 129 | 121 | 113 |
| Employee cost | 6.08 | 5.29 | 4.64 |
| EBITDA | 17.79 | 13.18 | 13.55 |
| EBITDA margin | +12.2% | +9.8% | +10.7% |
| Depreciation | 4.01 | 3.37 | 3.31 |
| Interest | 6.49 | 5.85 | 6.40 |
| Profit before tax | 7.47 | 4.12 | 4.05 |
| Tax | 1.30 | 0.71 | 0.70 |
| Net profit | 6.17 | 3.41 | 3.35 |
| Net profit margin | +4.2% | +2.5% | +2.7% |
| EPS (₹) | 3.94 | 2.28 | 2.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 15.65 | 15.00 | 15.00 |
| Reserves & surplus | 14.11 | 5.34 | 1.92 |
| Shareholders' funds (net worth) | 29.76 | 20.34 | 16.92 |
| Secured loans | 87.61 | 44.31 | 47.09 |
| Unsecured loans | 28.28 | 20.99 | 15.02 |
| Total debt | 116 | 65.30 | 62.11 |
| Total liabilities | 146 | 85.73 | 79.05 |
| Assets | |||
| Gross block | 131 | 67.05 | 66.31 |
| Net block | 119 | 59.16 | 61.79 |
| Capital work in progress | 0.00 | 8.05 | 1.21 |
| Investments | 0.00 | 0.00 | 0.00 |
| Inventories | 28.30 | 17.95 | 15.67 |
| Sundry debtors | 1.16 | 1.51 | 1.18 |
| Cash & bank balances | 0.08 | 0.11 | 0.12 |
| Loans & advances | 21.64 | 12.75 | 10.13 |
| Total current assets | 51.18 | 32.32 | 27.10 |
| Total current liabilities | 24.07 | 15.41 | 12.73 |
| Net working capital | 27.11 | 16.91 | 14.37 |
| Total assets | 146 | 85.73 | 79.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Opening cash | 0.11 | 0.12 | 0.06 |
| Net cash from operating activities | 7.78 | 10.47 | 8.65 |
| Net cash from investing activities | (54.78) | (8.21) | (1.30) |
| Net cash from financing activities | 46.97 | (2.26) | (7.30) |
| Net change in cash | (0.03) | (0.01) | 0.06 |
| Closing cash | 0.08 | 0.11 | 0.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Growth | |||
| Sales growth | +9.0% | +6.5% | - |
| EBITDA growth | +35.0% | -2.7% | - |
| PBT growth | +81.3% | +1.7% | +9997.0% |
| Net income growth | +80.9% | +1.8% | - |
| Profitability & leverage | |||
| Net income margin | +4.2% | +2.5% | +2.7% |
| Return on capital employed | +12.1% | +12.1% | +13.2% |
| Return on net worth | +24.6% | +18.4% | +19.8% |
| Debt / equity | 3.62 | 3.42 | 3.67 |
| Long-term debt / equity | 2.73 | 2.59 | 2.82 |
| Interest cover | 47.10 | 59.63 | 62.50 |
| Efficiency & per share | |||
| Fixed asset turnover | 1.48 | 2.01 | 1.90 |
| Inventory turnover | 6.33 | 7.99 | 8.05 |
| Debtors turnover | 109.64 | 99.83 | 106.90 |
| EPS (₹) | 3.94 | 2.28 | 2.23 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 19.01 | 13.56 | 11.28 |
To see the full year-wise statements and ratios of Shreedhar Spinners Limited, buy the company report.
Board of directors of Shreedhar Spinners Limited
Shreedhar Spinners has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Rajendra Prasad Agarwal Also directs: Shreedhar Cotsyn Private Limited, SRM Fibres Private Limited, Siddhartha Super Spinning Mills Ltd and 5 more | Director | 09 Dec 2020 | 5 Years 10 Months | Current |
| Dharmendra Mohandas Goyal | Managing Director | 09 Dec 2020 | 5 Years 10 Months | Current |
| Utsav Sumantkumar Bhavsar | Director | 11 Dec 2025 | 0 Years 10 Months | Current |
| Sunita Dharmendra Goyal | Director | 06 Oct 2025 | 1 Years 0 Months | Current |
| Atri Maheshvariben Nileshkumar Also directs: Mother Nutri Foods Limited | Director | 11 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Shreedhar Spinners Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shreedhar Spinners Limitedthis company | ₹146.37 Cr (FY 2026) | ₹6.17 Cr | 4.2% | 9.0% | Mumbai, Maharashtra, India | |
| Reynold Shirting Limited | ₹135.45 Cr (FY 2019) | -74.0% | Mumbai, Maharashtra, India | |||
| Stuti Processors Private Limited | ₹135.37 Cr (FY 2025) | -4.0% | Surat, Gujarat, India | |||
| Avi Ansh Textile Limited | ₹134.63 Cr (FY 2025) | -5.0% | Delhi, India | |||
| Jindal Specialty Textiles Limited | ₹134.6 Cr (FY 2025) | -35.0% | Ludhiana, Punjab, India | |||
| Concept Clothing Private Limited | ₹134.21 Cr (FY 2025) | 15.0% | Delhi, India | |||
| Deeksha Woolen Mills Private Limited | ₹134.11 Cr (FY 2025) | 6.0% | Ludhiana, Punjab, India | |||
| Synthesis Home Textiles Private Limited | ₹133.85 Cr (FY 2020) | 19.0% | Karur, Tamil Nadu, India |
To see the full peer comparison of Shreedhar Spinners Limited, buy the company report.
Charges & borrowings
Open charges
₹97.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2022 | 100534502 | State Bank of India | ₹97.4 Cr | Open |
To see the full charge records of Shreedhar Spinners Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Shreedhar Spinners Limited has 1 deal on record (1 ipo); the latest was in June 2026.
Total deals
1
IPO
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | IPO | ₹30.68 Cr | Investors: Rajasthan Global Securities Private Limited , Moneywise Financial Services Private Limited , Resonance Opportunities Fund, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Shreedhar Spinners Limited 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 Shreedhar Spinners Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shreedhar Spinners has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABFCS0669E1ZA | Maharashtra | Active | 01 Mar 2021 |
To see the full GST registrations and return filing status of Shreedhar Spinners Limited, buy the company report.
Recent activity
Shreedhar Spinners Limited has 10 board changes on record since 2020: 6 appointments and 4 cessations. The latest: Atri Maheshvariben Nileshkumar was appointed as Director on 11 Dec 2025.
Filing
Shreedhar Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
Appointed
Atri Maheshvariben Nileshkumar was appointed as Director.
Appointed
Utsav Sumantkumar Bhavsar was appointed as Director.
Ceased
Dharmendra Mohandas Goyal ceased to be Director.
Ceased
Sunita Dharmendra Goyal ceased to be Additional Director.
Appointed
Varesh Goyal was appointed as CFO.
Appointed
Sunita Dharmendra Goyal was appointed as Director.
AGM
Shreedhar Spinners Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 97.40 Cr registered on 21 Jan 2022 with Charge ID 100534502 was modified on 16 Sep 2025.
Ceased
Varesh Goyal ceased to be Additional Director.
Ceased
Rajendra Prasad Satyanarayan Agarwal ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 97.40 Cr with Charge ID 100534502 was registered on 21 Jan 2022.
3 earlier events are in the company report.
Frequently asked questions
Shreedhar Spinners is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 December 2020 (6+ years old) and is registered under CIN U17299MH2020PLC351591. Listed on NSE: SHREEDHAR.
Shreedhar Spinners reported revenue of ₹146.37 Cr for FY 2025-26 (up 9% YoY) based on standalone financials.
Shreedhar Spinners has 5 current directors:
- Dharmendra Mohandas Goyal - Managing Director
- Vishal Rajendra Prasad Agarwal - Director
- Utsav Sumantkumar Bhavsar - Director
- Sunita Dharmendra Goyal - Director
- Atri Maheshvariben Nileshkumar - Director
The latest financial statements of Shreedhar Spinners on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Shreedhar Spinners is 27ABFCS0669E1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shreedhar Spinners is U17299MH2020PLC351591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shreedhar Spinners is a listed company as per MCA records. Its shares are listed on NSE (symbol: SHREEDHAR).
Shreedhar Spinners was incorporated on 09 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Shreedhar Spinners has 1 deal on record (1 ipo); the latest was in June 2026.
The peers of Shreedhar Spinners by revenue are Reynold Shirting Limited, Stuti Processors Private Limited, Avi Ansh Textile Limited, Jindal Specialty Textiles Limited, Concept Clothing Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Atri Maheshvariben Nileshkumar was appointed as Director on 11 Dec 2025. Utsav Sumantkumar Bhavsar was appointed as Director on 11 Dec 2025. Dharmendra Mohandas Goyal ceased to be Director on 10 Dec 2025. Shreedhar Spinners has 10 board changes on record in total.