About Tavoy Apparels Limited
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Tavoy Apparels 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 10 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74994MH1993PLC073401.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Rajee Nemjee Savla and Anish Nemjee Savla.
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 139 – G(A) Agarwal Indl.Estate S V Road Jogeshwari (W), Mumbai, Maharashtra, India – 400102.
As per the financials filed for FY 2017, the company reported a revenue of ₹60.49 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.22 Lakh (net margin -3.7%) and EBITDA of -₹5.1 Lakh (EBITDA margin -8.4%). Revenue has grown at a compounded annual rate (CAGR) of 179% over three years and 82% over five years.
As per MCA filings, the company has satisfied charges of ₹60 Lakh on record. Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tavoyworkwearindia.com.
Company details
CIN history
Tavoy Apparels has one previous CIN (Corporate Identification Number): U74994MH1993PTC073401. The current CIN is U74994MH1993PLC073401, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74994MH1993PLC073401 | Current |
| U74994MH1993PTC073401 | Previous |
Contact details
Tavoy Apparels Limited's registered office is in Mumbai, Maharashtra. Its website is tavoyworkwearindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address139 – G(A) Agarwal Indl.Estate S V Road Jogeshwari (W), Mumbai, Maharashtra, India – 400102
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Tavoy Apparels 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
Financials of Tavoy Apparels Limited
FY 2025 filings availableTavoy Apparels Limited reported revenue of ₹60.49 Lakh (up 1790% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 82% over five years. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹60.49 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹5.1 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.22 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -8.4% | ||
| Net Profit Margin | -3.7% | ||
| 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 Tavoy Apparels Limited, buy the company report.
Board of directors of Tavoy Apparels Limited
Tavoy Apparels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajee Nemjee Savla Also directs: Tavoy Workwear Private Limited | Director | 10 Aug 1993 | 33 Years 2 Months | Current |
| Anish Nemjee Savla Also directs: Tavoy Workwear Private Limited | Director | 10 Aug 1993 | 33 Years 2 Months | Current |
| Nemjee Popatlal Savla Also directs: Tavoy Workwear Private Limited | Director | 10 Aug 1993 | 33 Years 2 Months | Current |
Auditor
Tavoy Apparels Limited is audited by TARUN SANGHAVI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TARUN SANGHAVI & CO | FY 2017 | 110832W |
Shareholding
The shareholding of Tavoy Apparels Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tavoy Apparels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 1994 | 90365128 | Dena Bank | ₹60 Lakh | Satisfied |
To see the full charge records of Tavoy Apparels Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Tavoy Apparels Limited has 15 court cases on record: 8 filed by Tavoy Apparels, 7 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 4 | 1 |
| Supreme Court | 3 | 1 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The Export Credit Guarantee Corporation of India Ltd. and 4 Ors. | Pending |
| Bombay High Court | Writ petition | Filed by the company against Union Bank of India and Ors. | Disposed |
| Bombay High Court | Appeal | Filed by the company against Union Bank of India | Disposed |
| Bombay High Court | Company petition | Filed against the company by Union Bank of India | Disposed |
| Bombay High Court | Company petition | Filed against the company by Pothys Cotton Textiles Pvt.Ltd. | Disposed |
To see the full case history of Tavoy Apparels 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 Tavoy Apparels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Tavoy Apparels Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tavoy Apparels Limited has 4 board changes on record since 1993: 3 appointments and 1 cessation. The latest: Liza Nemjee Savla ceased to be Director on 23 Oct 2022.
Frequently asked questions
Tavoy Apparels 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 10 August 1993 (33+ years old) and is registered under CIN U74994MH1993PLC073401.
Tavoy Apparels has 3 current directors:
- Rajee Nemjee Savla - Director
- Anish Nemjee Savla - Director
- Nemjee Popatlal Savla - Director
The latest financial statements of Tavoy Apparels 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 CIN (Corporate Identification Number) of Tavoy Apparels is U74994MH1993PLC073401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tavoy Apparels has 15 court cases on record: 8 filed by the company and 7 filed against it. 1 is pending. Most are in the high courts.
Tavoy Apparels was incorporated on 10 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Liza Nemjee Savla ceased to be Director on 23 Oct 2022. Anish Nemjee Savla was appointed as Director on 10 Aug 1993. Nemjee Popatlal Savla was appointed as Director on 10 Aug 1993. Tavoy Apparels has 4 board changes on record in total.
Tavoy Apparels can be reached through the website tavoyworkwearindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Tavoy Apparels is at 139 – GA Agarwal Indl.Estate S V Road Jogeshwari W, Mumbai, Maharashtra, India – 400102.
Tavoy Apparels operates in the manufacturing industry, in the textile and fabric production segment.
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