- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-15-0028192

Swastik Denim Private Limited
About Swastik Denim Private Limited
Data last updated:
Swastik Denim Private Limited is a private limited company based in Hatkanangale, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17290PN2012PTC144396. Its GSTIN is 27AARCS8575J1ZC (Maharashtra).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors including Sandeep Chitarmal Patani and Sanjay Bhagchand Patani.
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 Integrated Textile Park, Hatkanangale, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.86 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹43.73 Lakh (net margin 3.4%) and EBITDA of ₹1.9 Cr (EBITDA margin 14.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 95 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.87 Cr and satisfied charges of ₹27.35 Cr on record.
Swastik Denim Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0028192). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Swastik Denim
Contact details
Swastik Denim Private Limited's registered office is in Hatkanangale, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 1 – 3 Kallappanna Awade Lnd. Est. & Integrated Textile Park Gat No 637 & 63, 8 Tardal, Hatkanangale, Maharashtra, India – 416121
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Swastik Denim Private Limited, buy the company report.
- 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
Business activity
The main business activity of Swastik Denim 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 Swastik Denim Private Limited, buy the company report.
Financials of Swastik Denim Private Limited
FY 2025 filings availableSwastik Denim Private Limited reported revenue of ₹12.86 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 3% fall in the latest year. EBITDA fell 24% 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 | ₹1.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.73 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.8% | ||||
| Net Profit Margin | 3.4% | ||||
| 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 Swastik Denim Private Limited, buy the company report.
Board of directors of Swastik Denim Private Limited
Swastik Denim has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Chitarmal Patani Also directs: Jatin Cotton Mills Private Limited, Neminath Texfab Private Limited, Ativeer Innovations Private Limited and 1 more | Director | 14 Aug 2012 | 14 Years 2 Months | Current |
| Sanjay Bhagchand Patani | Director | 14 Aug 2012 | 14 Years 2 Months | Current |
| Chhogalal Devichand Vadera Also directs: Microtex Processors Private Limited | Director | 14 Aug 2012 | 14 Years 2 Months | Current |
| Kishorekumar Radhakishan Mundra Also directs: Microtex Processors Private Limited | Director | 14 Aug 2012 | 14 Years 2 Months | Current |
| Mamta Sachin Zanwar Also directs: Yash Knitex Private Limited | Director | 01 Jan 2014 | 12 Years 10 Months | Current |
Peer comparison
Swastik Denim Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| Shree Shaleen Textiles Limited | ₹12.87 Cr (FY 2016) | 134.0% | Mumbai, Maharashtra, India | |||
| Shree Vinayak Foods &Fabrics Private Limited | ₹12.86 Cr (FY 2015) | -37.0% | Gandhinagar, Gujarat, India | |||
| Swastik Denim Private Limitedthis company | ₹12.86 Cr (FY 2025) | ₹43.73 Lakh | 3.4% | -3.0% | 95 | Hatkanangale, Maharashtra, India |
| Tarun Thermoware Private Limited | ₹12.86 Cr (FY 2025) | -1.0% | Uttar Pradesh, India | |||
| Sankeshwar Industries Private Limited | ₹12.86 Cr (FY 2025) | 59.0% | Punjab, India | |||
| Durga Spintex India Private Limited | ₹12.83 Cr (FY 2025) | 284.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Swastik Denim Private Limited, buy the company report.
Auditor
Swastik Denim Private Limited is audited by RAJIV C ARORA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJIV C ARORA | FY 2023 | 105024 |
Shareholding
The shareholding of Swastik Denim Private 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 Swastik Denim Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101128889 | Hdfc Bank Limited | ₹9.87 Cr | Open | |
| 12 Mar 2025 | 101071152 | Others | ₹10 Cr | Open | |
| 22 Jun 2023 | 100745902 | Axis Bank Limited | ₹2 Cr | Satisfied | |
| 03 Feb 2022 | 100543993 | Others | ₹7.6 Cr | Satisfied | |
| 24 Aug 2020 | 100432128 | Indian Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Swastik Denim Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Swastik Denim Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Swastik Denim Private Limited was last rated by Crisil on 18 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Dec 2020 |
To see the full credit ratings and regulatory alerts of Swastik Denim Private Limited, buy the company report.
MSME payment delays
Swastik Denim Private Limited has 12 MSME Form 1 returns on record between 2016 and 2023, listing 192 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Anroma Texchem Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Sri Gomuki Tex Chem Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Swastik Denim Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Swastik Denim Private Limited has a workforce of 95 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Swastik Denim has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCS8575J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swastik Denim Private Limited, buy the company report.
Recent activity
Swastik Denim Private Limited has 13 board changes on record since 2012: 9 appointments and 4 cessations. The latest: Jagdish Radheshyam Zanwar ceased to be Director on 01 Oct 2021.
18 earlier events are in the company report.
Frequently asked questions
Swastik Denim is an active private limited company based in Hatkanangale, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 August 2012 (14+ years old) and is registered under CIN U17290PN2012PTC144396.
Swastik Denim has 5 current directors:
- Sandeep Chitarmal Patani - Director
- Sanjay Bhagchand Patani - Director
- Chhogalal Devichand Vadera - Director
- Kishorekumar Radhakishan Mundra - Director
- Mamta Sachin Zanwar - Director
The latest financial statements of Swastik Denim 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 Swastik Denim is 27AARCS8575J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Swastik Denim is U17290PN2012PTC144396. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swastik Denim was incorporated on 14 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Swastik Denim by revenue are Shree Shaleen Textiles Limited, Shree Vinayak Foods &Fabrics Private Limited, Tarun Thermoware Private Limited, Sankeshwar Industries Private Limited, Durga Spintex India Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Jagdish Radheshyam Zanwar ceased to be Director on 01 Oct 2021. Leeladevi Chhogalal Vadera ceased to be Director on 01 Oct 2021. Rajeshkumar Vijaykumar Mundra ceased to be Director on 01 Oct 2021. Swastik Denim has 13 board changes on record in total.
Yes, Swastik Denim is registered as a small enterprise under Udyam registration (number: UDYAM-MH-15-0028192).
Swastik Denim has 12 MSME Form 1 returns on record between 2016 and 2023, listing 192 overdue payments to 20 micro and small suppliers. The latest return was filed on 29 Aug 2023.
The registered office of Swastik Denim is at Plot No 1 – 3 Kallappanna Awade Lnd. Est. & Integrated Textile Park Gat No 637 & 63, 8 Tardal, Hatkanangale, Maharashtra, India – 416121.
Swastik Denim operates in the manufacturing industry, in the textile and fabric production segment.

