DPIIT recognised startup Government of India
Startup India
Stitchxpert Texfab India Private Limited - fashion and textile in Kandivalimumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.69 Cr
▲ 13.59% YoY
Net profit · FY 2024
₹34.63 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹57.14 Lakh
EBITDA margin 4.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Stitchxpert Texfab India Private Limited
Data last updated:
Stitchxpert Texfab India Private Limited is a private limited company based in Kandivalimumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 23 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18209MH2020PTC346576. Its GSTIN is 27ABECS5202N1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kamlesh Chhajer and Padam Pannalal Chhajed.
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 P No 171/1A/36 F No 905 9th Flr Wing 6B Sapphire Heights Lokhandwala Township, Kandivalimumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.69 Cr. For the same year it recorded a net profit of ₹34.63 Lakh (net margin 2.5%) and EBITDA of ₹57.14 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.
The company is associated with 1 brand: Stitchxpert. As per MCA filings, the company has open charges of ₹2 Cr on record.
Stitchxpert Texfab India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0023945). For more details, the company can be reached via its website stitchxpert.in.
Company details
CIN U18209MH2020PTC346576
Registration Number 346576
Incorporation Date 23 September 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-33-0023945
Recognitions & Rankings of Stitchxpert Texfab India
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0023945
Contact details
Stitchxpert Texfab India Private Limited's registered office is in Kandivalimumbai, Maharashtra. Its website is stitchxpert.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressP No 171/1A/36 F No 905 9th Flr Wing 6B Sapphire Heights Lokhandwala Township, Kandivalimumbai, Maharashtra, India – 400101
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Stitchxpert Texfab India Private Limited, buy the company report.
Comprehensive company report
Stitchxpert Texfab India Private 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
Stitchxpert Texfab India operates one associated brand: Stitchxpert. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures Indian traditional bottomwear and nightwear apparels. | stitchxpert.in |
Business activity
The main business activity of Stitchxpert Texfab 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 Stitchxpert Texfab India Private Limited, buy the company report.
Financials of Stitchxpert Texfab India Private Limited
FY 2025 filings availableStitchxpert Texfab India Private Limited reported revenue of ₹13.69 Cr for FY 2024.
Revenue · FY 2024
₹13.69 Cr
Net profit · FY 2024
₹34.63 Lakh margin 2.5%
EBITDA · FY 2024
₹57.14 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 56%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 84%
Revenue has grown at a compounded annual rate (CAGR) of 56% over three years. EBITDA fell 8% 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 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 | ₹57.14 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹34.63 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.2% | |||
| Net Profit Margin | 2.5% | |||
| 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 Stitchxpert Texfab India Private Limited, buy the company report.
Board of directors of Stitchxpert Texfab India Private Limited
Stitchxpert Texfab India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Chhajer Also directs: Susajjit Texfab Private Limited | Director | 20 Dec 2023 | 2 Years 10 Months | Current |
| Padam Pannalal Chhajed Also directs: Susajjit Texfab Private Limited | Director | 23 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Stitchxpert Texfab India Private Limited is compared with the 8 companies closest to it by revenue in the Apparel industry (Branded 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 |
|---|---|---|---|---|---|---|
| Ishita Knitfab Private Limited | ₹14.11 Cr (FY 2025) | 11.0% | Ludhiana, Punjab, India | |||
| Cheshtaa Apparels India Private Limited | ₹14.04 Cr (FY 2024) | -7.0% | Delhi, India | |||
| Volta Fashions Private Limited | ₹14 Cr (FY 2025) | -37.0% | Visakhapatnam, Andhra Pradesh, India | |||
| PH Bucha Apparels Private Limited | ₹13.86 Cr (FY 2024) | -4.0% | Kolkata, West Bengal, India | |||
| Stitchxpert Texfab India Private Limitedthis company | ₹13.69 Cr (FY 2024) | ₹34.63 Lakh | 2.5% | Kandivalimumbai, Maharashtra, India | ||
| Wrap Fashion Private Limited | ₹13.57 Cr (FY 2024) | 37.0% | Noida, Uttar Pradesh, India | |||
| Pointer Fashion Private Limited | ₹13.21 Cr (FY 2025) | -8.0% | Patna, Bihar, India | |||
| Krish Fashions Brands Private Limited | ₹13.17 Cr (FY 2025) | -40.0% | Bangalore, Karnataka, India | |||
| Ruby Fashions Private Limited | ₹13.06 Cr (FY 2025) | -13.0% | New Delhi, Delhi, India |
To see the full peer comparison of Stitchxpert Texfab India Private Limited, buy the company report.
Auditor
Stitchxpert Texfab India Private Limited is audited by VIMALPRAKASHMANEK for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIMALPRAKASHMANEK | FY 2023 | 146253 |
Shareholding
The shareholding of Stitchxpert Texfab India Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Stitchxpert Texfab India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2023 | 100706125 | Others | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Stitchxpert Texfab India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Stitchxpert Texfab India Private Limited has 6 MSME Form 1 returns on record between 2021 and 2023, listing 63 overdue payments to 26 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 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Kanishka Prints Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Samarath Graphics |
To see the full MSME payment records of Stitchxpert Texfab India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Stitchxpert Texfab India Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Stitchxpert Texfab India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABECS5202N1Z5 | Maharashtra | Active | 19 Oct 2020 |
To see the full GST registrations and return filing status of Stitchxpert Texfab India Private Limited, buy the company report.
Recent activity
Stitchxpert Texfab India Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Kamlesh Chhajer ceased to be Additional Director on 29 Sep 2024.
AGM
Stitchxpert Texfab India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Stitchxpert Texfab India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Kamlesh Chhajer ceased to be Additional Director.
Appointed
Kamlesh Chhajer was appointed as Director.
Ceased
Laxmipat Chhajer ceased to be Director.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100706125 was registered on 24 Mar 2023.
Appointed
Padam Pannalal Chhajed was appointed as Director.
Incorporation
23 Sep 2020
Stitchxpert Texfab India Private Limited was registered on 23 Sep 2020 with Roc Mumbai & aged 6 years 1 month as per MCA records.
Frequently asked questions
Stitchxpert Texfab India is an active private limited company based in Kandivalimumbai, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 23 September 2020 (6+ years old) and is registered under CIN U18209MH2020PTC346576.
Stitchxpert Texfab India has 2 current directors:
- Kamlesh Chhajer - Director
- Padam Pannalal Chhajed - Director
The latest financial statements of Stitchxpert Texfab 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 FY 2021 are in the company report.
The GSTIN of Stitchxpert Texfab India is 27ABECS5202N1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Stitchxpert Texfab India is U18209MH2020PTC346576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stitchxpert Texfab India was incorporated on 23 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Stitchxpert Texfab India by revenue are Ishita Knitfab Private Limited, Cheshtaa Apparels India Private Limited, Volta Fashions Private Limited, PH Bucha Apparels Private Limited, Wrap Fashion Private Limited and 3 more, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Kamlesh Chhajer ceased to be Additional Director on 29 Sep 2024. Kamlesh Chhajer was appointed as Director on 20 Dec 2023. Laxmipat Chhajer ceased to be Director on 18 Oct 2023. Stitchxpert Texfab India has 4 board changes on record in total.
Yes, Stitchxpert Texfab India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Stitchxpert Texfab India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0023945).
Stitchxpert Texfab India has 6 MSME Form 1 returns on record between 2021 and 2023, listing 63 overdue payments to 26 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Stitchxpert Texfab India can be reached through the website stitchxpert.in. Its registered office is in Kandivalimumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages