Sourceitright Private Limited

Sourceitright Private Limited - e-commerce in Ahmadabad City, Gujarat, India. FY 2026 financials and compliance.
CIN U74999GJ2016PTC092264 Incorporated 31 May 2016 ROC Ahmedabad HQ Ahmadabad City, Gujarat, India
Active Private Limited Company e-commerce
Data last updated
Revenue · FY 2025
₹4.79 Cr
▼ 53.00% YoY
EBITDA · FY 2025
*****
▼ 53.00% YoY
Net profit · FY 2025
*****
▼ 40.00% YoY
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
27
Latest available

About Sourceitright Private Limited

Data last updated: 10 March 2026

Sourceitright Private Limited is a private limited company based in Ahmadabad City, Gujarat, India. It specialises in online apparel retail, a part of the broader e-commerce sector. Incorporated on 31 May 2016, the company has been in operation for over 10 years.

Registered with ROC Ahmedabad under CIN U74999GJ2016PTC092264.

Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Dhruvit Jayeshkumar Shah and Jayesh Navinchandra Shah.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmadabad City, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.79 Cr, a decline of 53% compared to the previous year.

The company has a workforce of approximately 27 employees as per the latest available data.

The company is associated with 1 brand - Sourceitright.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sourceitright.com.

Company Details of Sourceitright Private Limited
CIN U74999GJ2016PTC092264
Registration Number 092264
Incorporation Date 31 May 2016
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
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
    **************
  • Registered Address
    7 G.F. Manas Complex Sur – 215 T.P.5.P.P. – 13, Near Jodhpur Char Rasta Satellite Road, Ahmadabad City, Gujarat, India – 380015
  • Industry
    E-Commerce, Online Apparel Retail
Company report
Sourceitright Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Sourceitright Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Sourceitright Private Limited

Sourceitright Private Limited operates one associated brand: SourceItRight. These brands represent Sourceitright Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Online platform selling Indian fabrics for retail and wholesale. sourceitright.com

Competitors & Alternatives of Sourceitright Private Limited

Brands and companies operating in the same space as Sourceitright Private Limited include Fabrito, Fabric Monde, The Yarn Bazaar and 5 more.

Competitor Description Location Founded
Fabrito Fabrito Fabrics are sourced and purchased via an online platform. Gurugram, India, India 2022
Fabric Monde Fabric Monde Distributes high-quality handloom products to wholesale and retail markets. Bengaluru, India, India 2016
The Yarn Bazaar The Yarn Bazaar Yarns are traded via an online B2B marketplace platform. Bengaluru, India, India 2017
Liquid Diamonds Liquid Diamonds Technology-driven diamond sourcing solutions are offered to retailers and wholesalers. Mumbai, India, India 2017
The Design Cart The Design Cart Online B2B marketplace for fashion raw materials is provided. Delhi, India, India 2017
S.L.Banthia Textile Industry S.L.Banthia Textile Industry Polyester, nylon, printed, and luggage fabrics are manufactured and supplied. Surat, India, India 2006
Textile Infomedia Textile Infomedia Provides online B2B platform for textile suppliers and buyers to connect globally. Ahmedabad, India, India 2015
TradeUNO TradeUNO Online B2B marketplace for fabrics and readymade clothes is operated. Gurugram, India, India 2015

Business Activity of Sourceitright Private Limited

Sourceitright Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading *********

Auditor Details of Sourceitright Private Limited

Sourceitright Private Limited is audited by Kishor Goyal & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Kishor Goyal & Co blur-value blur-value blur-value

Board of Directors of Sourceitright Private Limited

Sourceitright Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.

Current Directors
Name Designation Appointment Date Tenure Status
Dhruvit Jayeshkumar Shah Director 31 May 2016 10 Years 1 Months Current
Jayesh Navinchandra Shah Director 31 May 2016 10 Years 1 Months Current

Financials of Sourceitright Private Limited FY 2025 filings available

Sourceitright Private Limited reported revenue of ₹4.79 Cr (down 53% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹4.79 Cr ▼ -53%
Profit
***** ▼ -40%
EBITDA
***** ▼ -53%
Metrics
*****
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Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
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Total Revenue
*****
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Expenses
Total Expenses
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Raw Material Cost
*****
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
*****
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
*****
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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Tax & Net Profit
Tax Expense
*****
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Current Tax
*****
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
*****
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Non-Current Liabilities
Total Non-Current Liabilities
*****
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Long-Term Borrowings
*****
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
*****
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Total Assets
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Metrics
*****
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
*****
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+ Interest Expense
*****
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+ Depreciation
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+/- Unrealized Forex
*****
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- Dividend Income
*****
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
*****
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
*****
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
*****
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Sourceitright Private Limited

As of FY 2023, Sourceitright Private Limited's shareholding pattern shows 72.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings Sourceitright Private Limited

Sourceitright Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Sourceitright Private Limited

Sourceitright Private Limited has a workforce of 27 employees as of Apr 08, 2024.

Employee count
27
Active EPFO establishments
1
Employee growth
-10%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Sourceitright Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Sourceitright Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Sourceitright Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Sourceitright Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Sourceitright Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Sourceitright Private Limited

MSME Payment Delays by Sourceitright Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Sourceitright Private Limited

Subsidiaries & Group Companies of Sourceitright Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Sourceitright Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Sourceitright Private Limited

MCA Filings & Documents of Sourceitright Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Sourceitright Private Limited

Activity
30 Sep 2025
Sourceitright Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Sourceitright Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Directors
31 May 2016
Dhruvit Jayeshkumar Shah was appointed as a Director on 31 May 2016 & has been associated with this company since 10 years 1 month.
Directors
31 May 2016
Jayesh Navinchandra Shah was appointed as a Director on 31 May 2016 & has been associated with this company since 10 years 1 month.
Activity
31 May 2016
Sourceitright Private Limited was registered on 31 May 2016 with Roc Ahmedabad & aged 10 years 1 month as per MCA records.

Frequently Asked Questions about Sourceitright Private Limited

Sourceitright Private Limited is an active private limited company in the e-commerce sector based in Ahmadabad City, Gujarat, India. It was incorporated on 31 May 2016 (10+ years old) and is registered under CIN U74999GJ2016PTC092264. The company has 27 employees.

Sourceitright Private Limited reported revenue of ₹4.79 Cr for FY 2025 (down 53.00% YoY).

The current directors of Sourceitright Private Limited are:

The primary industry of Sourceitright Private Limited is e-commerce. The company specifically operates in online apparel retail. The company is currently active in this sector.

Sourceitright Private Limited can be reached at the registered office: 7 G.F. Manas Complex Sur – 215 T.P.5.P.P. – 13, Near Jodhpur Char Rasta Satellite Road, Ahmadabad City, Gujarat, India – 380015, or through the website sourceitright.com.

The authorised capital is ₹50 Lakh, and the paid-up capital is ₹50 Lakh.

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