Stitched Textiles Limited

Stitched Textiles Limited - trading in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U17120GJ2015PLC084962 Incorporated 02 November 2015 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company trading MSME · Medium
Data last updated
Revenue · FY 2023
₹175.24 Cr
▲ 62% YoY
Net loss · FY 2023
₹2.2 Cr
Net margin -1.3%
EBITDA · FY 2023
-₹1.34 Cr
EBITDA margin -0.8%
Authorised capital
₹13 Cr
Registered with MCA
Paid-up capital
₹12.65 Cr
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
54
Provident fund records
Directors on board
4
As per MCA filings

About Stitched Textiles Limited

Data last updated:

Stitched Textiles Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 02 November 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2015PLC084962. Its GSTIN is 24AAWCS3756Q1ZA (Gujarat). The company holds 17 GST registrations, of which 16 are active.

The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.65 Cr. It was formerly known as Stitched Textiles Private Limited and Stitched Textiles (Opc) Private Limited. It is led by directors including Vishnudutt Gangasahay Gupta (Managing Director) and Rushabh Anilkumar Shah.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2023, the company reported a revenue of ₹175.24 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net loss of ₹2.2 Cr (net margin -1.3%) and EBITDA of -₹1.34 Cr (EBITDA margin -0.8%). Revenue has grown at a compounded annual rate (CAGR) of 195% over three years and 194% over five years.

The company has about 54 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Barcelona Club. Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it; 7 cases are pending. The company has 10 deals on record (5 rights issues, 4 secondary share transfers, 1 funding round), with disclosed funding of ₹19.85 Cr; the latest was in June 2024.

Stitched Textiles Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0035663). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website barcelonaclub.in.

Company details

CIN U17120GJ2015PLC084962
Registration Number 084962
Incorporation Date 02 November 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0035663

Name history

Stitched Textiles has undergone 2 name changes throughout its history. The company was previously known as Stitched Textiles Private Limited, and Stitched Textiles (Opc) Private Limited. The current legal name is Stitched Textiles Limited.

Company NameStatus
Stitched Textiles LimitedCurrent
Stitched Textiles Private LimitedPrevious
Stitched Textiles (Opc) Private LimitedPrevious

CIN history

Stitched Textiles has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17120GJ2015PLC084962, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17120GJ2015PLC084962Current
U17120GJ2015PTC084962Previous
U17120GJ2015OPC084962Previous
Key People
Vishnudutt Gangasahay Gupta Managing Director Rushabh Anilkumar Shah Director Chetan Kumar Ojha Director

Recognitions & Rankings of Stitched Textiles

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0035663

Contact details

Stitched Textiles Limited's registered office is in Ahmedabad, Gujarat. Its website is barcelonaclub.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    barcelonaclub.in
  • Social Media
  • Registered Address
    Godown No – 1 234/1 234/2 Fp – 69/3 Sadashiv Kanto, B/H Bajaj Process Narol Chokdi Sarkhej Highway, Ahmedabad, Gujarat, India – 382405
  • Industry
    Trading, Other Wholesale, Wholesale

To see the full contact details of Stitched Textiles Limited, buy the company report.

Comprehensive company report
Stitched Textiles 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Stitched Textiles operates one associated brand: Barcelona Club. Each brand links to its own profile.

BrandDescriptionWebsite
Barcelona Club
Men's wear is contract-manufactured by Barcelona Club in India.barcelonaclub.in

Business activity

The main business activity of Stitched Textiles is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Stitched Textiles Limited, buy the company report.

Financials of Stitched Textiles Limited

FY 2024 filings available

Stitched Textiles Limited reported revenue of ₹175.24 Cr (up 62% YoY) for FY 2023.

Revenue · FY 2023
₹175.24 Cr ▲ 62%
Net loss · FY 2023
₹2.2 Cr margin -1.3%
EBITDA · FY 2023
-₹1.34 Cr margin -0.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 195%
5 years · compounded
▲ 194%
EBITDA CAGR growth
1 year
▼ 211%
3 years · compounded
▼ 233%
5 years · compounded
▼ 145%

Revenue has grown at a compounded annual rate (CAGR) of 194% over five years, including 62% growth in the latest year. EBITDA fell 211% 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
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.34 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.2 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-0.8%
Net Profit Margin-1.3%
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

To see the full financial statements and ratios of Stitched Textiles Limited, buy the company report.

Board of directors of Stitched Textiles Limited

Stitched Textiles has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rushabh Anilkumar Shah
Also directs: Hindprakash Industries Limited, Yasons Chemex Care Limited, Yash Chemex Limited and 3 more
Director14 Dec 20214 Years 10 MonthsCurrent
Chetan Kumar OjhaDirector17 Aug 20224 Years 2 MonthsCurrent
Premaram Jaitaram Patel
Also directs: Darjeeling Industriies Limited, Shyamkamal Investments Limited, Orbit Pharma Laboratories Limited and 1 more
Director01 Mar 20224 Years 8 MonthsCurrent
Vishnudutt Gangasahay Gupta
Also directs: Hillary Fashion Cotfab Limited, Uni-Safe Surgi Pharma Limited
Managing Director01 Jul 20251 Years 4 MonthsCurrent
View all directors

Auditor

Stitched Textiles Limited is audited by J S Maheshwari & Co for the financial year 2022.

Auditor firmFinancial yearFirm registration number
J S Maheshwari & CoFY 2022001318C

Shareholding

The shareholding of Stitched Textiles 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 Stitched Textiles Limited, buy the company report.

Deals & funding

Stitched Textiles Limited has 10 deals on record (5 rights issues, 4 secondary share transfers, 1 funding round), with disclosed funding of ₹19.85 Cr; the latest was in June 2024.

Total deals
10
Rights issues
5
Secondary share transfers
4
Funding round
1
Disclosed funding
₹19.85 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Jun 2024Rights issue₹78.8 LakhInvestors: Vacro Enterprises Private Limited
Mar 2024Funding round₹19.85 CrInvestors: Yarn Syndicate Ltd
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: Qmin Industries Limited , an individual
Oct 2021Secondary share transferUndisclosedBuyer: an individual
Seller: Qmin Industries Limited
Oct 2021Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Qmin Industries Limited , 2 individuals

To see the full deal history of Stitched Textiles Limited, buy the company report.

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

MSME payment delays

No delayed payments to MSME suppliers are on our record for Stitched Textiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Stitched Textiles 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

Stitched Textiles Limited has a workforce of 54 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
54
Active EPFO establishments
1
Employee growth
-47.06%

GST

Stitched Textiles has 17 GST registrations: 16 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
17
Active
16
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAWCS3756Q1ZAGujaratActive01 Jul 2017
27AAWCS3756Q1Z4MaharashtraActive31 May 2019
10AAWCS3756Q1ZJBiharActive18 Aug 2021
09AAWCS3756Q1Z2Uttar PradeshActive19 Aug 2021

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

Recent activity

Stitched Textiles Limited has 15 board changes on record since 2015: 5 appointments and 10 cessations. The latest: Vishnudutt Gangasahay Gupta was appointed as Managing Director on 01 Jul 2025.

Appointed
Vishnudutt Gangasahay Gupta was appointed as Managing Director.
AGM
Stitched Textiles Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Stitched Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Shivani Pathak ceased to be Company Secretary.
Ceased
Chetan Kumar Ojha ceased to be Additional Director.
Ceased
Premaram Jaitaram Patel ceased to be Additional Director.
Ceased
Yesha Yatishbhai Shah ceased to be Additional Director.
Appointed
Chetan Kumar Ojha was appointed as Director.
Ceased
Kresha Kailash Gupta ceased to be Additional Director.
Appointed
Premaram Jaitaram Patel was appointed as Director.
Ceased
Gupta Jaimin Kailash ceased to be Director.
Ceased
Raj Arjanbhai Ahir ceased to be Additional Director.

6 earlier events are in the company report.

News

Frequently asked questions

Stitched Textiles is an active public limited company based in Ahmedabad, Gujarat, India. The company works in other wholesale, within the trading industry. It was incorporated on 02 November 2015 (11+ years old) and is registered under CIN U17120GJ2015PLC084962.

Stitched Textiles has 4 current directors:

The latest financial statements of Stitched Textiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Stitched Textiles is 24AAWCS3756Q1ZA, registered in Gujarat. The company has 17 GST registrations in all, of which 16 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAWCS3756Q1Z4 (Maharashtra), 10AAWCS3756Q1ZJ (Bihar), 09AAWCS3756Q1Z2 (Uttar Pradesh).

The CIN (Corporate Identification Number) of Stitched Textiles is U17120GJ2015PLC084962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Stitched Textiles has 12 court cases on record: 6 filed by the company and 6 filed against it. 7 are pending. Most are in the district courts.

Stitched Textiles was incorporated on 02 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Stitched Textiles has 10 deals on record (5 rights issues, 4 secondary share transfers, 1 funding round), with disclosed funding of ₹19.85 Cr; the latest was in June 2024.

Vishnudutt Gangasahay Gupta was appointed as Managing Director on 01 Jul 2025. Shivani Pathak ceased to be Company Secretary on 31 Aug 2023. Chetan Kumar Ojha ceased to be Additional Director on 19 Sep 2022. Stitched Textiles has 15 board changes on record in total.

Yes, Stitched Textiles is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0035663).