Siddhi Industries Limited

Siddhi Industries Limited - manufacturing in Changodar, Gujarat, India. FY 2026 financials & compliance.
CIN U17120GJ2011PLC065261 Incorporated 03 May 2011 ROC Ahmedabad HQ Changodar, Gujarat, India
Active Public Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2023
₹164.43 Cr
▼ 16% YoY
Net profit · FY 2023
₹9.14 Lakh
Net margin 0.1%
EBITDA · FY 2023
₹5.14 Cr
EBITDA margin 3.1%
Authorised capital
₹35 Cr
Registered with MCA
Paid-up capital
₹35 Cr
Issued & subscribed
Open charges
₹206.04 Cr
Satisfied ₹6.93 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
205
Provident fund records

About Siddhi Industries Limited

Data last updated:

Siddhi Industries Limited is a public limited company based in Changodar, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 May 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2011PLC065261. Its GSTIN is 24AAQCS4546L1ZS (Gujarat).

The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹35 Cr. It is led by directors including Govindram Makhanlal Basotia (Whole-Time Director) and Markand Virendrabhai Parikh.

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 Survey No. 240 B/H. Bhagyoday Hotel Village. Changodar Ta. Sanand, Gujarat, India – 382210.

As per the financials filed for FY 2023, the company reported a revenue of ₹164.43 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹9.14 Lakh (net margin 0.1%) and EBITDA of ₹5.14 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 19% over five years.

The company has about 205 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹206.04 Cr and satisfied charges of ₹6.93 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in October 2016. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 52 overdue payments to 5 micro and small suppliers.

Siddhi Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0115808). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silindia.in.

Company details

CIN U17120GJ2011PLC065261
Registration Number 065261
Incorporation Date 03 May 2011
ROC Ahmedabad
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-GJ-01-0115808
Key People
Govindram Makhanlal Basotia Whole-Time Director Markand Virendrabhai Parikh Director Jay Parikh Director

Recognitions & Rankings of Siddhi Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0115808

Contact details

Siddhi Industries Limited's registered office is in Changodar, Gujarat. Its website is silindia.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    silindia.in
  • Registered Address
    Survey No. 240 B/H. Bhagyoday Hotel Village. Changodar Ta. Sanand, Gujarat, India – 382210
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Siddhi Industries Limited, buy the company report.

Comprehensive company report
Siddhi Industries 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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Financials of Siddhi Industries Limited

FY 2025 filings available

Siddhi Industries Limited reported revenue of ₹164.43 Cr (down 16% YoY) for FY 2023.

Revenue · FY 2023
₹164.43 Cr ▼ 16%
Net profit · FY 2023
₹9.14 Lakh margin 0.1%
EBITDA · FY 2023
₹5.14 Cr margin 3.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 9%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 16%
5 years · compounded
▼ 5%

Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 82% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹164.43 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.14 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9.14 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin3.1%
Net Profit Margin0.1%
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 Siddhi Industries Limited, buy the company report.

Board of directors of Siddhi Industries Limited

Siddhi Industries has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Govindram Makhanlal BasotiaWhole-Time Director14 Dec 20169 Years 10 MonthsCurrent
Markand Virendrabhai Parikh
Also directs: Siddhi Margarine Specialities Limited, Siddhi Knitfab Private Limited, Siddhi Decor Private Limited and 3 more
Director03 May 201115 Years 6 MonthsCurrent
Jay Parikh
Also directs: Siddhi Margarine Specialities Limited, Siddhi Knitfab Private Limited, Siddhi Tex Mills Private Limited and 1 more
Director03 May 201115 Years 6 MonthsCurrent
Aditya Pradip Deora
Also directs: Amarjyot Commodities Limited, Bhavna Property Developers Limited, Agrasen Finserv Private Limited
Director15 Jun 20206 Years 4 MonthsCurrent
Minaxiben Markandbhai Parikh
Also directs: Siddhi Margarine Specialities Limited, Siddhi Steels Private Limited, Siddhi Tex Mills Private Limited and 1 more
Director03 May 201115 Years 6 MonthsCurrent
Om Prakash Agrawal
Also directs: Patron Exim Limited
Director15 Jun 20206 Years 4 MonthsCurrent
View all directors

Auditor

Siddhi Industries Limited is audited by AGRAWAL & CHOKSI for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AGRAWAL & CHOKSIFY 2023135113W

Shareholding

The shareholding of Siddhi Industries Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Siddhi Industries Limited, buy the company report.

Charges & borrowings

Open charges
₹206.04 Cr
Satisfied charges
₹6.93 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹120.00 Cr
State Bank of India₹86.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Oct 2021100494620Sbicap Trustee Company Limited₹120 CrOpen
04 Jan 2017100072643State Bank of India₹43.02 CrOpen
04 Jan 2017100072646State Bank of India₹43.02 CrOpen
02 Sep 2022100652369Hdfc Bank Limited₹43 LakhSatisfied
17 May 201410494156Religare Finvest Limited₹6.5 CrSatisfied

To see the full charge records of Siddhi Industries Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Siddhi Industries Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in October 2016.

Total deals
2
Rights issue
1
Secondary share transfer
1

Deals on record (2 of 2)

WhenDealAmountParties
Oct 2016Rights issue₹34.95 CrInvestors: Raina Commodities Pvt.Ltd. , Markand V.Parikh -HUF, Jay M.Parikh-HUF
Sep 2016Secondary share transferUndisclosedBuyer: Raina Commodities Pvt.Ltd. , Jay M.Parikh-HUF, Markand V.Parikh -HUF
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Siddhi Industries Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 52 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 5)

SupplierAmount dueDue sinceReported on
A. J Beltings Private Limited
Apco Agencies
Ashutosh Power Transbelts Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Siddhi Industries Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Siddhi Industries Limited has a workforce of 205 employees on its EPFO records as of Apr 06, 2024, across 3 active EPFO establishments.

Employee count
205
Active EPFO establishments
3
Employee growth
11.41%

GST

Siddhi Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAQCS4546L1ZSGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Siddhi Industries Limited, buy the company report.

Recent activity

Siddhi Industries Limited has 7 board changes on record since 2011: 6 appointments and 1 cessation. The latest: Aditya Pradip Deora was appointed as Director on 15 Jun 2020.

Charges
A charge registered on 02 Sep 2022 via Charge ID 100652369 with Hdfc Bank Limited was fully satisfied on 09 Dec 2025.
AGM
Siddhi Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 120.00 Cr registered on 08 Oct 2021 with Charge ID 100494620 was modified on 17 Apr 2025.
Filing
Siddhi Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 43.02 Cr registered on 04 Jan 2017 with Charge ID 100072646 was modified on 29 Dec 2022.
Charges
A charge with State Bank Of India of Rs. 43.02 Cr registered on 04 Jan 2017 with Charge ID 100072643 was modified on 17 Dec 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.43 Cr with Charge ID 100652369 was registered on 02 Sep 2022.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 120.00 Cr with Charge ID 100494620 was registered on 08 Oct 2021.
Appointed
Aditya Pradip Deora was appointed as Director.
Appointed
Om Prakash Agrawal was appointed as Director.
Ceased
Govindram Makhanlal Basotia ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 43.02 Cr with Charge ID 100072643 was registered on 04 Jan 2017.

8 earlier events are in the company report.

Frequently asked questions

Siddhi Industries is an active public limited company based in Changodar, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 May 2011 (15+ years old) and is registered under CIN U17120GJ2011PLC065261.

Siddhi Industries has 6 current directors:

The latest financial statements of Siddhi Industries 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.

The GSTIN of Siddhi Industries is 24AAQCS4546L1ZS, registered in Gujarat.

The CIN (Corporate Identification Number) of Siddhi Industries is U17120GJ2011PLC065261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Siddhi Industries has 2 court cases on record: 2 filed against it. 1 is pending.

Siddhi Industries was incorporated on 03 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Siddhi Industries has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in October 2016.

Aditya Pradip Deora was appointed as Director on 15 Jun 2020. Om Prakash Agrawal was appointed as Director on 15 Jun 2020. Govindram Makhanlal Basotia ceased to be Director on 20 Jan 2017. Siddhi Industries has 7 board changes on record in total.

Yes, Siddhi Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0115808).

Siddhi Industries has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 52 overdue payments to 5 micro and small suppliers. The latest return was filed on 08 Jun 2019.