About Suchi Industries Limited
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Suchi Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17111MH2004PLC232010. Its GSTIN is 24AAHCS9120R1ZT (Gujarat).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.8 Cr. It was formerly known as Suchi Fashion Industries Private Limited. It is led by directors including Ashok Sultansingh Mehta (Managing Director) and Manju Ashokkumar Mehta (Whole-Time Director).
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 128 Floor – 1st Plot – 347 Ravji Jetha Market Kalbadevi Road M J Market Kalbadevi, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.52 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹2.17 Cr (net margin 3.6%) and EBITDA of ₹8.74 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 21% over five years.
The company has about 175 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Suchi Industries. As per MCA filings, the company has open charges of ₹125.2 Cr and satisfied charges of ₹71.13 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suchifashion.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address128 Floor – 1st Plot – 347 Ravji Jetha Market Kalbadevi Road M J Market Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
CIN History of Suchi Industries Limited
Suchi Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17111MH2004PLC232010, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111MH2004PLC232010 | Current |
| U17111GJ2004PLC043559 | Previous |
| U17111GJ2004PTC043559 | Previous |
Associated Brands with Suchi Industries Limited
Suchi Industries operates one associated brand: Suchi Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in contract manufacturing of apparel. | suchifashion.com |
Competitors & Alternatives of Suchi Industries Limited
Brands and companies operating in the same space as Suchi Industries Limited include Sportking, Jaykay Enterprises, Alok Industries and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Sportking | Yarns, fabrics, and garments are manufactured and retailed by Sportking. | Ludhiana, India | 1989 |
 Jaykay Enterprises | Yarn and cotton are manufactured by Jaykay Enterprises in India. | Kanpur, India | 1991 |
 Alok Industries | Textiles and related products are manufactured in India. | Mumbai, India | 1986 |
 Pasupati Spinning & Weaving Mills | Yarns and threads are contract-manufactured for textile and apparel industries. | Delhi, India | 1979 |
 Manomay Tex India | Denim fabrics are contract-manufactured in Bhilwara, India. | Bhilwara, India | 2009 |
 A.K. Spintex | Fabrics are manufactured on a contract basis by A.K. Spintex. | Bhilwara, India | 1994 |
 Pratibha Syntex | Textile fabric materials are manufactured on a contract basis. | Indore, India | 1997 |
 Donear | Contract manufacturing of fabric materials is conducted. | Mumbai, India | 1977 |
Business Activity of Suchi Industries Limited
The main business activities of Suchi Industries are support service to organizations and trade. In detail, this covers other support services to organizations and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Suchi Industries Limited
Suchi Industries Limited is audited by Niranjan Desai & Co. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Niranjan Desai & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Suchi Industries Limited
Suchi Industries has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Sultansingh Mehta | Managing Director | 05 Feb 2004 | 22 Years 8 Months | Current |
| Manju Ashokkumar Mehta Also directs: Suchi Semicon Private Limited | Whole-Time Director | 25 Oct 2008 | 17 Years 11 Months | Current |
| Shetal Mehta | Whole-Time Director | 01 Nov 2013 | 12 Years 11 Months | Current |
Financials of Suchi Industries Limited FY 2024 filings available
Suchi Industries Limited reported revenue of ₹60.52 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Suchi Industries Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 20% growth in the latest year. EBITDA rose 10% 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 of Suchi Industries Limited
| 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) | ₹2.17 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 of Suchi Industries Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Suchi Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Suchi Industries Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Suchi Industries Limited
Suchi Industries has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Suchi Textiles Private Limited | U17299MH2022PTC380906 | Locked |
| Suchi Products Private Limited | U51909MH2016PTC286189 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Suchi Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2025 | Others | ₹16.59 Lakh | Open |
| 28 Jun 2024 | Others | ₹76.75 Cr | Open |
| 06 Jun 2024 | Others | ₹19.82 Lakh | Open |
| 01 Aug 2022 | Others | ₹30 Cr | Open |
| 14 Jun 2022 | Others | ₹3.38 Cr | Open |
Total charge records: 21 View all charges
Employees and EPFO Compliance at Suchi Industries Limited
Suchi Industries Limited has a workforce of 175 employees as of Oct 08, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Suchi Industries Limited
Suchi Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCS9120R1ZT | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Suchi Industries Limited
Suchi Industries Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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, Litigation & Regulatory Alerts for Suchi Industries Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Suchi Industries Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Suchi Industries Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Suchi Industries Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Suchi Industries Limited
Frequently Asked Questions about Suchi Industries Limited
Suchi Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 February 2004 (22+ years old) and is registered under CIN U17111MH2004PLC232010.
Suchi Industries reported revenue of ₹60.52 Cr for FY 2025 (up 20% YoY).
Suchi Industries has 3 current directors:
- Ashok Sultansingh Mehta - Managing Director
- Manju Ashokkumar Mehta - Whole-Time Director
- Shetal Mehta - Whole-Time Director
Suchi Industries reported a net profit of ₹2.17 Cr (net margin 3.6%) and EBITDA of ₹8.74 Cr (EBITDA margin 14.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Suchi Industries is 22% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Suchi Industries is 24AAHCS9120R1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Suchi Industries is U17111MH2004PLC232010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suchi Industries has 2 court cases on record: 2 filed against it.
Suchi Industries was incorporated on 05 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.