Tapasya Textiles Private Limited
About Tapasya Textiles Private Limited
Data last updated:
Tapasya Textiles Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH2003PTC143017. Its GSTIN is 27AACCT0349L1Z6 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sushil Madanlal Raika and Rajendra Jagdishprasad Raika.
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 Bhiwandi, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.35 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹85,787 (net margin 0.1%) and EBITDA of ₹37.83 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 9% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.75 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tapasya Textiles Private Limited's registered office is in Bhiwandi, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse Number 723 723/1 724 And 724/1 Manibai Taware Compound, Near Dosti Hotel Narpoli, Bhiwandi, Maharashtra, India – 421305
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Tapasya Textiles 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 Tapasya Textiles 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 Tapasya Textiles Private Limited, buy the company report.
Financials of Tapasya Textiles Private Limited
FY 2025 filings availableTapasya Textiles Private Limited reported revenue of ₹13.35 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 36% 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 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹37.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹85,787 | ||||
| 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 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Tapasya Textiles Private Limited, buy the company report.
Board of directors of Tapasya Textiles Private Limited
Tapasya Textiles has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Madanlal Raika Also directs: Pryka Labs Private Limited | Director | 06 Nov 2003 | 22 Years 11 Months | Current |
| Rajendra Jagdishprasad Raika | Director | 25 May 2004 | 22 Years 5 Months | Current |
Peer comparison
Tapasya Textiles Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Harinila Textiles (OPC) Private Limited | ₹13.4 Cr (FY 2025) | -5.0% | Chennai, Tamil Nadu, India | |||
| Kac Yarn Private Limited | ₹13.39 Cr (FY 2016) | -46.0% | Coimbatore, Tamil Nadu, India | |||
| Shri Anand Fabs Private Limited | ₹13.39 Cr (FY 2024) | 38.0% | Panipat, Haryana, India | |||
| Prabha Textiles Private Limited | ₹13.37 Cr (FY 2025) | -6.0% | Rajasthan, India | |||
| Nibha Capital Services Private Limited | ₹13.36 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Tapasya Textiles Private Limitedthis company | ₹13.35 Cr (FY 2024) | ₹85,787 | 0.1% | -13.0% | 4 | Bhiwandi, Maharashtra, India |
| Poojaa Sree Ginning Mill Private Limited | ₹13.34 Cr (FY 2025) | -55.0% | Coimbatore, Tamil Nadu, India | |||
| Manglam Studio Private Limited | ₹13.34 Cr (FY 2025) | -16.0% | Jaipur, Rajasthan, India | |||
| Axon Global Private Limited | ₹13.32 Cr (FY 2025) | -12.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Tapasya Textiles Private Limited, buy the company report.
Auditor
Tapasya Textiles Private Limited is audited by NITIN B DHAVAN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NITIN B DHAVAN & CO | FY 2022 | 132773W |
Shareholding
The shareholding of Tapasya Textiles Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tapasya Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2024 | 100944416 | Others | ₹1.75 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Tapasya Textiles Private Limited has 2 court cases on record: 1 filed by Tapasya Textiles, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln. WCA A) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref-IDA) | Filed by the company against an individual | Disposed |
To see the full case history of Tapasya Textiles Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tapasya Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tapasya Textiles Private Limited has a workforce of 4 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Tapasya Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT0349L1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tapasya Textiles Private Limited, buy the company report.
Recent activity
Tapasya Textiles Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Rajendra Jagdishprasad Raika was appointed as Director on 25 May 2004.
Frequently asked questions
Tapasya Textiles is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 November 2003 (23+ years old) and is registered under CIN U17100MH2003PTC143017.
Tapasya Textiles has 2 current directors:
- Sushil Madanlal Raika - Director
- Rajendra Jagdishprasad Raika - Director
The latest financial statements of Tapasya Textiles 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 Tapasya Textiles is 27AACCT0349L1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tapasya Textiles is U17100MH2003PTC143017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tapasya Textiles has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Tapasya Textiles was incorporated on 06 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tapasya Textiles by revenue are Harinila Textiles (OPC) Private Limited, Kac Yarn Private Limited, Shri Anand Fabs Private Limited, Prabha Textiles Private Limited, Nibha Capital Services Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Rajendra Jagdishprasad Raika was appointed as Director on 25 May 2004. Sushil Madanlal Raika was appointed as Director on 06 Nov 2003.
The registered office of Tapasya Textiles is at House Number 723 7231 724 And 7241 Manibai Taware Compound, Near Dosti Hotel Narpoli, Bhiwandi, Maharashtra, India – 421305.
Tapasya Textiles operates in the manufacturing industry, in the textile and fabric production segment.