MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-RJ-07-0000645
Sitaram Denims India Limited - fashion and textile in Bhilwara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹210.18 Cr
▲ 86% YoY
Net profit · FY 2025
₹15.9 Cr
Net margin 7.6%
EBITDA · FY 2025
₹42.63 Cr
EBITDA margin 20.3%
Authorised capital
₹21.01 Cr
Registered with MCA
Paid-up capital
₹21.01 Cr
Issued & subscribed
Open charges
₹295.26 Cr
Satisfied ₹6.1 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
191
Provident fund records
About Sitaram Denims India Limited
Data last updated:
Sitaram Denims India Limited is a public limited company based in Bhilwara, Rajasthan, India. It operates in the denim and casual wear segment of the fashion and textiles sector. It was incorporated on 02 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17100RJ2011PLC034052. Its GSTIN is 08AAQCS3960A1Z9 (Rajasthan).
The company has an authorised share capital of ₹21.01 Cr and a paid-up capital of ₹21.01 Cr. It was formerly known as Sitaram Denim India Limited and Sitaram Denims India Private Limited. It is led by directors including Anil Kumar Nuwal (Managing Director) and Jugal Kishore Nuwal.
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 48 Main Sector Shastri Nagar, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2025, the company reported a revenue of ₹210.18 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹15.9 Cr (net margin 7.6%) and EBITDA of ₹42.63 Cr (EBITDA margin 20.3%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 28% over five years.
The company has about 191 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹295.26 Cr and satisfied charges of ₹6.1 Cr on record. Court records list 1,079 cases involving the company, including 240 filed by the company and 839 filed against it; 248 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹21 Cr; the latest was in March 2018. Its 8 peer companies in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Nova Textiles Private Limited with revenue of ₹283.02 Cr.
Sitaram Denims India Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-07-0000645). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sitaramindia.com.
Company details
CIN U17100RJ2011PLC034052
Registration Number 034052
Incorporation Date 02 February 2011
ROC Jaipur
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-RJ-07-0000645
Name history
Sitaram Denims India has undergone 4 name changes throughout its history. The current legal name is Sitaram Denims India Limited.
| Company Name | Status |
|---|---|
| Sitaram Denims India Limited | Current |
| Sitaram Denim India Limited | Previous |
| Sitaram Denims India Private Limited | Previous |
| Sitaram Denim India Private Limited | Previous |
| Sitaram Texpark Developers Private Limited | Previous |
CIN history
Sitaram Denims India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17100RJ2011PLC034052, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100RJ2011PLC034052 | Current |
| U45201RJ2011PTC034052 | Previous |
| U17100RJ2011PTC034052 | Previous |
Recognitions & Rankings of Sitaram Denims India
Contact details
Sitaram Denims India Limited's registered office is in Bhilwara, Rajasthan. Its website is sitaramindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address48 Main Sector Shastri Nagar, Bhilwara, Rajasthan, India – 311001
- IndustryFashion and Textile, Denim & Casual Wear, Designer & Branded Fashion
To see the full contact details of Sitaram Denims India Limited, buy the company report.
Comprehensive company report
Sitaram Denims India 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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Secure checkout · GST invoice included
Business activity
The main business activity of Sitaram Denims India 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 Sitaram Denims India Limited, buy the company report.
Financials of Sitaram Denims India Limited
FY 2025 filings availableSitaram Denims India Limited reported revenue of ₹210.18 Cr (up 86% YoY) for FY 2025.
Revenue · FY 2025
₹210.18 Cr ▲ 86%
Net profit · FY 2025
₹15.9 Cr margin 7.6%
EBITDA · FY 2025
₹42.63 Cr margin 20.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 51%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 38%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 86% growth in the latest year. EBITDA rose 99% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹42.63 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹15.9 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.3% | ||||
| Net Profit Margin | 7.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sitaram Denims India Limited, buy the company report.
Board of directors and KMP of Sitaram Denims India Limited
Sitaram Denims India Limited currently reports 6 directors and 1 key managerial person. 2 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Nuwal | Managing Director | 02 Feb 2011 | 15 Years 8 Months | Current |
| Jugal Kishore Nuwal Also directs: Sitaram India Limited, Exclusive.Com Private Limited, Sita Software Private Limited and 1 more | Director | 02 Feb 2011 | 15 Years 8 Months | Current |
| Harshit Nuwal Also directs: Sitaram India Limited, Kavach India Private Limited | Cfo | 05 Jul 2018 | 8 Years 3 Months | Current |
| Vishvnath Garg | Director | 15 Jun 2018 | 8 Years 4 Months | Current |
| Raj Kumar Nyati | Director | 15 Jun 2018 | 8 Years 4 Months | Current |
| Madhu Sudan Nuwal Also directs: Sitaram Cot Finish Private Limited, Sitaram India Limited, Sita Software Private Limited and 1 more | Director | 20 Apr 2016 | 10 Years 6 Months | Current |
Showing 6 of 7 current directors and KMP. View all directors and KMP
Peer comparison
Sitaram Denims India Limited is compared with the 8 companies closest to it by revenue in the Apparel industry (Denim Wear), 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 |
|---|---|---|---|---|---|---|
| Nova Textiles Private Limited | ₹283.02 Cr (FY 2025) | -39.0% | Mumbai, Maharashtra, India | |||
| Signet Denim Private Limited | ₹242.2 Cr (FY 2025) | 20.0% | Bhilwara, Rajasthan, India | |||
| Partap Fabrics Private Limited | ₹236.54 Cr (FY 2025) | -10.0% | Ambala, Haryana, India | |||
| Etco Denim Private Limited | ₹218.86 Cr (FY 2019) | -30.0% | Mumbai, Maharashtra, India | |||
| Sitaram Denims India Limitedthis company | ₹210.18 Cr (FY 2025) | ₹15.9 Cr | 7.6% | 86.0% | 191 | Bhilwara, Rajasthan, India |
| Flu Jeans Private Limited | ₹203.88 Cr (FY 2025) | -2.0% | Delhi, India | |||
| Jeans Knit Private Limited | ₹193.25 Cr (FY 2025) | -15.0% | Bangalore, Karnataka, India | |||
| Shrerajlaxmi Denim Limited | ₹191.85 Cr (FY 2025) | 14.0% | Bhilwara, Rajasthan, India | |||
| Pinaz Texfab Private Limited | ₹170.8 Cr (FY 2025) | -10.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Sitaram Denims India Limited, buy the company report.
Auditor
Sitaram Denims India Limited is audited by S. Dad & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Dad & Co. | FY 2023 | 007534C |
Shareholding
The shareholding of Sitaram Denims India 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 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 Sitaram Denims India Limited, buy the company report.
Charges & borrowings
Open charges
₹295.26 Cr
Satisfied charges
₹6.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2025 | 101179086 | Others | ₹31.25 Lakh | Open | |
| 17 Oct 2025 | 101179584 | Others | ₹32 Lakh | Open | |
| 08 Sep 2025 | 101155653 | Hdfc Bank Limited | ₹27 Lakh | Open | |
| 03 Jul 2025 | 101131145 | Others | ₹40 Cr | Open | |
| 01 Mar 2025 | 101081081 | Hdfc Bank Limited | ₹26.5 Lakh | Open |
To see the full charge records of Sitaram Denims India Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Sitaram Denims India Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹21 Cr; the latest was in March 2018.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹21 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Funding round | ₹3.3 Cr | Investors: 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Sep 2016 | Funding round | ₹17.7 Cr | Investors: Sitaram India Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sitaram Denims India Limited has 1,079 court cases on record: 240 filed by Sitaram Denims India, 839 filed against it. 248 cases are pending and 831 are disposed.
Total cases
1,079
Filed by the company
240
Filed against the company
839
Pending
248
Disposed
831
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 845 | 724 | 209 |
| High courts | 233 | 115 | 38 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 1,079)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Cheque dishonour complaint | Filed against the company by Tata Capital Ltd | Pending |
| District court, North Goa, Goa | Original application | Filed against the company by Jox Stays Private Limited | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Vastu Finserve India Pvt Ltd | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Manibhavnam Home Finance India Pvt Ltd | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by CDL Financial Services Pvt Ltd | Pending |
To see the full case history of Sitaram Denims India Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Sitaram Denims India Limited was last rated by Crisil on 26 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 Aug 2020 |
To see the full credit ratings and regulatory alerts of Sitaram Denims India Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sitaram Denims India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sitaram Denims India has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Sitaram Denims India Limited has a workforce of 191 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
191
Active EPFO establishments
1
Employee growth
-0.52%
GST
Sitaram Denims India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAQCS3960A1Z9 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sitaram Denims India Limited, buy the company report.
Recent activity
Sitaram Denims India Limited has 9 board changes on record since 2011: 8 appointments and 1 cessation. The latest: Anil Kumar Kohli was appointed as Director on 01 Mar 2022.
Charges
A charge with Others amounted to Rs. 0.31 Cr with Charge ID 101179086 was registered on 18 Oct 2025.
Charges
A charge with Others amounted to Rs. 0.32 Cr with Charge ID 101179584 was registered on 17 Oct 2025.
AGM
Sitaram Denims India Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 101155653 was registered on 08 Sep 2025.
Charges
A charge with Others of Rs. 45.00 Cr registered on 15 Apr 2020 with Charge ID 100335095 was modified on 26 Aug 2025.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101131145 was registered on 03 Jul 2025.
Filing
Sitaram Denims India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 101081081 was registered on 01 Mar 2025.
Charges
A charge registered on 09 Apr 2018 via Charge ID 100175705 with Others was fully satisfied on 19 Apr 2024.
Charges
A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 100881948 was registered on 15 Mar 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 111.00 Cr registered on 27 Oct 2023 with Charge ID 100815463 was modified on 02 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 111.00 Cr with Charge ID 100815463 was registered on 27 Oct 2023.
23 earlier events are in the company report.
Frequently asked questions
Sitaram Denims India is an active public limited company based in Bhilwara, Rajasthan, India. The company works in denim and casual wear, within the fashion and textile industry. It was incorporated on 02 February 2011 (15+ years old) and is registered under CIN U17100RJ2011PLC034052.
Sitaram Denims India has 7 current directors and KMP:
- Anil Kumar Nuwal - Managing Director
- Jugal Kishore Nuwal - Director
- Vishvnath Garg - Director
- Raj Kumar Nyati - Director
- Madhu Sudan Nuwal - Director
- Anil Kumar Kohli - Director
- Harshit Nuwal - Cfo
The latest financial statements of Sitaram Denims India 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 Sitaram Denims India is 08AAQCS3960A1Z9, registered in Rajasthan.
The CIN (Corporate Identification Number) of Sitaram Denims India is U17100RJ2011PLC034052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sitaram Denims India has 1,079 court cases on record: 240 filed by the company and 839 filed against it. 248 are pending. Most are in the district courts.
Sitaram Denims India was incorporated on 02 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Jaipur.
Sitaram Denims India has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹21 Cr; the latest was in March 2018.
The peers of Sitaram Denims India by revenue are Nova Textiles Private Limited, Signet Denim Private Limited, Partap Fabrics Private Limited, Etco Denim Private Limited, Flu Jeans Private Limited and 3 more, all in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products).
Anil Kumar Kohli was appointed as Director on 01 Mar 2022. Harshit Nuwal was appointed as CFO on 05 Jul 2018. Raj Kumar Nyati was appointed as Director on 15 Jun 2018. Sitaram Denims India has 9 board changes on record in total.
Yes, Sitaram Denims India is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-07-0000645).