Shridhan Textiles Pvt Ltd
About Shridhan Textiles Pvt Ltd
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Shridhan Textiles Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 03 January 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51311MH1986PTC038524. Its GSTIN is 27AABCS4548K1Z1 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.4 Lakh. It is led by directors Pankaj Radheshyam Shorewala and Deepak Radheshayam Shorewala.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 72 Ground Floor Mirza Street Zaveri Bazar, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2023, the company reported a revenue of ₹75.37 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹19,311 (net margin 0.3%) and EBITDA of ₹1.28 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹6.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address72 Ground Floor Mirza Street Zaveri Bazar, Mumbai, Maharashtra, India – 400003
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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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Business Activity of Shridhan Textiles Pvt Ltd
The main business activity of Shridhan Textiles is trade. In detail, this covers 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shridhan Textiles Pvt Ltd FY 2023 filings available
Shridhan Textiles Pvt Ltd reported revenue of ₹75.37 Lakh (down 25% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Shridhan Textiles Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 25% fall in the latest year. EBITDA fell 17% 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 Shridhan Textiles Pvt Ltd
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹75.37 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19,311 | •••• | •••• | •••• | •••• |
| 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 Shridhan Textiles Pvt Ltd
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Shridhan Textiles are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shridhan Textiles Pvt Ltd
Shridhan Textiles Pvt Ltd is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| Saiyon Sources Private Limited | ₹75.47 Lakh (FY 2025) | •••• | •••• | -39.0% | •••• | Gurgaon, Haryana, India |
| Texmill Spares Pvt Ltd | ₹75.43 Lakh (FY 2024) | •••• | •••• | -41.0% | •••• | Jaipur, Rajasthan, India |
| Brijwasi Fabrics Private Limited | ₹75.41 Lakh (FY 2024) | •••• | •••• | -71.0% | •••• | Surat, Gujarat, India |
| Shivam Textiles Private Limited | ₹75.4 Lakh (FY 2024) | •••• | •••• | -28.0% | •••• | Hyderabad, Telangana, India |
| Arristar Fashion Private Limited | ₹75.4 Lakh (FY 2023) | •••• | •••• | -20.0% | •••• | Ahmedabad, Gujarat, India |
| Shridhan Textiles Pvt Ltd this company | ₹75.37 Lakh (FY 2023) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| 50000 Volts Tshirts Private Limited | ₹75.31 Lakh (FY 2024) | •••• | •••• | 41.0% | •••• | Hyderabad, Telangana, India |
| Nuvanti Overseas Private Limited | ₹75.31 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Kanpur, Uttar Pradesh, India |
| Imminence Apparels India Private Limited | ₹75.3 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | Nashik, Maharashtra, India |
| Maxcan Image Private Limited | ₹75.25 Lakh (FY 2025) | •••• | •••• | 31.0% | •••• | Kolkata, West Bengal, India |
| Enkie International Private Limited | ₹75.19 Lakh (FY 2024) | •••• | •••• | -35.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Shridhan Textiles by revenue in the Consumer Products industry (Textile Retail and Distribution, 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 Shridhan Textiles Pvt Ltd
Shridhan Textiles Pvt Ltd is audited by BHARAT AGRAWAL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHARAT AGRAWAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shridhan Textiles Pvt Ltd
Shridhan Textiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Radheshyam Shorewala | Director | 08 Mar 2004 | 22 Years 7 Months | Current |
| Deepak Radheshayam Shorewala | Director | 29 Nov 2021 | 4 Years 10 Months | Current |
Ownership and Shareholding of Shridhan Textiles Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shridhan Textiles Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 1997 | State Bank of India | ₹4.5 Lakh | Open |
| 25 Feb 1986 | Canara Bank | ₹2 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Shridhan Textiles Pvt Ltd
Employment history and EPFO contributions of people linked to Shridhan Textiles.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shridhan Textiles Pvt Ltd
Shridhan Textiles Pvt Ltd has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Deepak Radheshayam Shorewala was appointed as Director on 29 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Shridhan Textiles Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shridhan Textiles Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Shridhan Textiles Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shridhan Textiles Pvt Ltd
Shridhan Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS4548K1Z1 | Maharashtra | Active | 12 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shridhan Textiles Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shridhan Textiles Pvt Ltd
Shridhan Textiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 03 January 1986 (40+ years old) and is registered under CIN U51311MH1986PTC038524.
Shridhan Textiles reported revenue of ₹75.37 Lakh for FY 2023 (down 25% YoY).
Shridhan Textiles has 2 current directors:
- Pankaj Radheshyam Shorewala - Director
- Deepak Radheshayam Shorewala - Director
Shridhan Textiles reported a net profit of ₹19,311 (net margin 0.3%) and EBITDA of ₹1.28 Lakh (EBITDA margin 1.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shridhan Textiles is -25% over three years and -17% over five years. In the latest year (FY 2023) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shridhan Textiles is 27AABCS4548K1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shridhan Textiles is U51311MH1986PTC038524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shridhan Textiles was incorporated on 03 January 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shridhan Textiles by revenue are Saiyon Sources Private Limited, Texmill Spares Pvt Ltd, Brijwasi Fabrics Private Limited, Shivam Textiles Private Limited, Arristar Fashion Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution, Textiles).
Deepak Radheshayam Shorewala was appointed as Director on 29 Nov 2021. Radheshayam Niranjanlal Shorewala ceased to be Director on 14 Apr 2021. Pankaj Radheshyam Shorewala was appointed as Director on 08 Mar 2004.
The registered office of Shridhan Textiles is at 72 Ground Floor Mirza Street Zaveri Bazar, Mumbai, Maharashtra, India – 400003.