MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-RJ-07-0000643
Sitaram India Limited - manufacturing in Bhilwara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹68.95 Cr
▼ 32% YoY
Net profit · FY 2025
₹9.42 Cr
Net margin 13.7%
EBITDA · FY 2025
₹8.74 Cr
EBITDA margin 12.7%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹7.5 Cr
Issued & subscribed
Open charges
₹62.5 Cr
Satisfied ₹173.89 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
216
Provident fund records
About Sitaram India Limited
Data last updated:
Sitaram India Limited is a public limited company based in Bhilwara, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 September 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U24304RJ1987PLC004101. Its GSTIN is 08AABCS9860L1ZQ (Rajasthan).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.5 Cr. It was formerly known as Sitaram Fashion Private Limited. It is led by directors including Jugal Kishore Nuwal (Whole-Time Director) and Madhu Sudan Nuwal (Whole-Time Director).
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 F – 226 227 G – 228 229 IV Th Phase RIICO Industrial Area, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.95 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹9.42 Cr (net margin 13.7%) and EBITDA of ₹8.74 Cr (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The company has about 216 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹62.5 Cr and satisfied charges of ₹173.89 Cr on record. Court records list 14 cases involving the company, including 11 filed by the company and 3 filed against it; 5 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.85 Cr; the latest was in September 2015. Its 9 peer companies in the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 5 smaller; the largest is Sagar Designfab Private Limited with revenue of ₹69.19 Cr.
Sitaram India Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-07-0000643). 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 U24304RJ1987PLC004101
Registration Number 004101
Incorporation Date 24 September 1987
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-07-0000643
Name history
Sitaram India has undergone 4 name changes throughout its history. The current legal name is Sitaram India Limited.
| Company Name | Status |
|---|---|
| Sitaram India Limited | Current |
| Sitaram Fashion Private Limited | Previous |
| Sitaram India Private Limited | Previous |
| Swagat Synthetics Private Limited | Previous |
CIN history
Sitaram India has one previous CIN (Corporate Identification Number): U24304RJ1987PTC004101. The current CIN is U24304RJ1987PLC004101, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24304RJ1987PLC004101 | Current |
| U24304RJ1987PTC004101 | Previous |
Key People
Jugal Kishore Nuwal Whole-Time Director Madhu Sudan Nuwal Whole-Time Director Harshit Nuwal Director Recognitions & Rankings of Sitaram India
Contact details
Sitaram 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
- Registered AddressF – 226 227 G – 228 229 IV Th Phase RIICO Industrial Area, Bhilwara, Rajasthan, India – 311001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sitaram India Limited, buy the company report.
Comprehensive company report
Sitaram 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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Business activity
The main business activity of Sitaram 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 India Limited, buy the company report.
Financials of Sitaram India Limited
FY 2025 filings availableSitaram India Limited reported revenue of ₹68.95 Cr (down 32% YoY) for FY 2025.
Revenue · FY 2025
₹68.95 Cr ▼ 32%
Net profit · FY 2025
₹9.42 Cr margin 13.7%
EBITDA · FY 2025
₹8.74 Cr margin 12.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 1%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 8%
5 years · compounded
▲ 10%
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 9% 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 |
|---|---|---|---|---|---|
| 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 | ₹8.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.42 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 13.7% | ||||
| 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 Sitaram India Limited, buy the company report.
Board of directors of Sitaram India Limited
Sitaram India has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jugal Kishore Nuwal Also directs: Sitaram Denims India Limited, Exclusive.Com Private Limited, Sita Software Private Limited and 1 more | Whole-Time Director | 26 Jun 2018 | 8 Years 4 Months | Current |
| Harshit Nuwal Also directs: Sitaram Denims India Limited, Kavach India Private Limited | Director | 09 Apr 2019 | 7 Years 6 Months | Current |
| Anil Kumar Nuwal | Director | 01 Feb 1988 | 38 Years 9 Months | Current |
| Anil Kumar Kohli Also directs: Sitaram Denims India Limited | Director | 01 Mar 2022 | 4 Years 8 Months | Current |
| Madhu Sudan Nuwal Also directs: Sitaram Denims India Limited, Sitaram Cot Finish Private Limited, Sita Software Private Limited and 1 more | Whole-Time Director | 12 Jun 1997 | 29 Years 4 Months | Current |
Peer comparison
Sitaram India Limited is compared with the 9 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Sagar Designfab Private Limited | ₹69.19 Cr (FY 2025) | -43.0% | Jaipur, Rajasthan, India | |||
| Century Apparels Private Limited | ₹68.99 Cr (FY 2025) | 25.0% | Tiruppur, Tamil Nadu, India | |||
| Dilip Textiles Pvt Ltd | ₹68.98 Cr (FY 2024) | 31.0% | Chandulal Baradari, Hyderabad, Telangana, India | |||
| A & L Apparels Private Limited | ₹68.96 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Sitaram India Limitedthis company | ₹68.95 Cr (FY 2025) | ₹9.42 Cr | 13.7% | -32.0% | 216 | Bhilwara, Rajasthan, India |
| Kapo Footwears Private Limited | ₹68.92 Cr (FY 2025) | 8.0% | Bahadurgarh, Haryana, India | |||
| The Chrome Leather Company Limited | ₹68.88 Cr (FY 2024) | 21.0% | Chennai, Tamil Nadu, India | |||
| Ajanta Universal Fabrics Limited | ₹68.87 Cr (FY 2025) | 3.0% | Karad, Maharashtra, India | |||
| Nachiar Spinning Mills Private Limited | ₹68.85 Cr (FY 2025) | 33.0% | Chatrapatti, Tamil Nadu, India | |||
| GRP Weaves Private Limited | ₹68.79 Cr (FY 2025) | 17382.0% | Mangrol, Gujarat, India |
To see the full peer comparison of Sitaram India Limited, buy the company report.
Auditor
Sitaram 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 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 India Limited, buy the company report.
Charges & borrowings
Open charges
₹62.5 Cr
Satisfied charges
₹173.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2025 | 101202502 | Sidbi | ₹9.35 Cr | Open | |
| 26 Sep 2025 | 101174584 | Others | ₹15 Cr | Open | |
| 26 Sep 2025 | 101174590 | Others | ₹5 Cr | Open | |
| 21 Mar 2025 | 101077015 | Others | ₹27.82 Cr | Open | |
| 29 Jul 2024 | 100954741 | Sidbi | ₹2 Cr | Open |
To see the full charge records of Sitaram India Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Sitaram India Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.85 Cr; the latest was in September 2015.
Total deals
8
Secondary share transfers
5
Funding rounds
3
Disclosed funding
₹4.85 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Sita Software Private Limited Seller: Sandeep Enterprises, 3 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Seezoo Infotech Private Limited. Seller: Sankat Mochan Properties Private Limited, Nirankari Tradecom Private Limited , Galaxy Vincom Private Limited |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: Seezoo Infotech Private Limited. , Sita Software Private Limited , Exclusive.Com Private Limited Seller: 4 individuals |
| Mar 2009 | Funding round | ₹2.49 Cr | Investors: Mukesh Lifestyle Pvt Ltd , Sankat Mochan Properties Private Limited, Marutinandan Commodities Private Limited |
| Nov 2006 | Secondary share transfer | Undisclosed | Buyer: Sita Software Private Limited Seller: Grenitech International |
To see the full deal history of Sitaram India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sitaram India Limited has 14 court cases on record: 11 filed by Sitaram India, 3 filed against it. 5 cases are pending and 9 are disposed.
Total cases
14
Filed by the company
11
Filed against the company
3
Pending
5
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 5 |
| High courts | 5 | 1 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhilwara, Rajasthan | Court case (Industrial Main Case) | Filed against the company by an individual | Pending |
| District court, Bhilwara, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Bhilwara, Rajasthan | Civil suit | Filed by the company against Arjai Textiles C/O Amar Jindal | Pending |
| District court, Bhilwara, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Bhilwara, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Sitaram 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 India Limited was last rated by Icra on 25 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 25 Nov 2021 |
To see the full credit ratings and regulatory alerts of Sitaram India Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sitaram India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sitaram 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 India Limited has a workforce of 216 employees on its EPFO records as of Apr 03, 2024, across 2 active EPFO establishments.
Employee count
216
Active EPFO establishments
2
Employee growth
-11.48%
GST
Sitaram India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCS9860L1ZQ | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sitaram India Limited, buy the company report.
Recent activity
Sitaram India Limited has 13 board changes on record since 1988: 5 appointments and 8 cessations. The latest: Anil Kumar Nuwal ceased to be Managing Director on 31 May 2024.
Charges
A charge with Sidbi amounted to Rs. 9.35 Cr with Charge ID 101202502 was registered on 27 Nov 2025.
Charges
A charge with Others of Rs. 27.82 Cr registered on 21 Mar 2025 with Charge ID 101077015 was modified on 26 Nov 2025.
AGM
Sitaram India Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101174584 was registered on 26 Sep 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101174590 was registered on 26 Sep 2025.
Charges
A charge registered on 07 Jun 2022 via Charge ID 100590274 with Hdfc Bank Limited was fully satisfied on 26 Sep 2025.
Charges
A charge registered on 08 Nov 2014 via Charge ID 10533740 with Bank Of Baroda was fully satisfied on 25 Sep 2025.
Filing
Sitaram India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Others amounted to Rs. 27.82 Cr with Charge ID 101077015 was registered on 21 Mar 2025.
Charges
A charge registered on 03 May 2017 via Charge ID 100096086 with Others was fully satisfied on 17 Dec 2024.
Charges
A charge registered on 19 Oct 2016 via Charge ID 100064173 with Others was fully satisfied on 02 Sep 2024.
Charges
A charge registered on 17 Jun 2015 via Charge ID 10579344 with Bank Of Baroda was fully satisfied on 02 Sep 2024.
69 earlier events are in the company report.
Frequently asked questions
Sitaram India is an active public limited company based in Bhilwara, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 September 1987 (39+ years old) and is registered under CIN U24304RJ1987PLC004101.
Sitaram India has 5 current directors:
- Jugal Kishore Nuwal - Whole-Time Director
- Madhu Sudan Nuwal - Whole-Time Director
- Harshit Nuwal - Director
- Anil Kumar Nuwal - Director
- Anil Kumar Kohli - Director
The latest financial statements of Sitaram 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 India is 08AABCS9860L1ZQ, registered in Rajasthan.
The CIN (Corporate Identification Number) of Sitaram India is U24304RJ1987PLC004101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sitaram India has 14 court cases on record: 11 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
Sitaram India was incorporated on 24 September 1987, making it 39+ years old. It is registered with the Registrar of Companies, Jaipur.
Sitaram India has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.85 Cr; the latest was in September 2015.
The peers of Sitaram India by revenue are Sagar Designfab Private Limited, Century Apparels Private Limited, Dilip Textiles Pvt Ltd, A & L Apparels Private Limited, Kapo Footwears Private Limited and 4 more, all in the same principal business activity (textile, leather and other apparel products).
Anil Kumar Nuwal ceased to be Managing Director on 31 May 2024. Anil Kumar Kohli was appointed as Director on 01 Mar 2022. Pradeep Kumar Pareek ceased to be CFO on 01 Dec 2020. Sitaram India has 13 board changes on record in total.
Yes, Sitaram India is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-07-0000643).
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