About Tavoy Workwear Private Limited
Data last updated:
Tavoy Workwear Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 13 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18105MH1993PTC072837. Its GSTIN is 27AAACT6554B1ZI (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. 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 Jogeshwari West Bombay – 102., Mumbai, Maharashtra, India – 400102.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.11 Cr. For the same year it recorded a net profit of ₹74.95 Lakh (net margin 12.3%) and EBITDA of ₹82.97 Lakh (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 5% over five years.
As per MCA filings, the company has satisfied charges of ₹6.11 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 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 tavoyworkwearindia.com.
Company details
Contact details
Tavoy Workwear Private 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 Jogeshwari West Bombay – 102., Mumbai, Maharashtra, India – 400102
- IndustryConsumer Goods, Home Furnishings Manufacturing
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- 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 Tavoy Workwear 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 Tavoy Workwear Private Limited, buy the company report.
Financials of Tavoy Workwear Private Limited
FY 2025 filings availableTavoy Workwear Private Limited reported revenue of ₹6.11 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years. EBITDA rose 1% 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 |
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| Total Expenses | |||||
| EBITDA | ₹82.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74.95 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.6% | ||||
| Net Profit Margin | 12.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tavoy Workwear Private Limited, buy the company report.
Board of directors of Tavoy Workwear Private Limited
Tavoy Workwear 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 Apparels Limited | Director | 16 Aug 2007 | 19 Years 2 Months | Current |
| Anish Nemjee Savla Also directs: Tavoy Apparels Limited | Director | 13 Jul 1993 | 33 Years 3 Months | Current |
| Nemjee Popatlal Savla Also directs: Tavoy Apparels Limited | Director | 13 Jul 1993 | 33 Years 3 Months | Current |
Peer comparison
Tavoy Workwear Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Home Furnishings Manufacturers, Uniform and Work 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 |
|---|---|---|---|---|---|---|
| Europa Foams Private Limited | ₹6.33 Cr (FY 2022) | 22.0% | Rajot, Gujarat, India | |||
| Natson Foam Manufacturers Private Ltd. | ₹6.31 Cr (FY 2025) | -18.0% | Ahmedabad, Gujarat, India | |||
| Elegant Textiles Private Limited | ₹6.25 Cr (FY 2017) | 84.0% | Panipat, Haryana, India | |||
| Tavoy Workwear Private Limitedthis company | ₹6.11 Cr (FY 2024) | ₹74.95 Lakh | 12.3% | Mumbai, Maharashtra, India | ||
| Refratex India Private Limited | ₹5.99 Cr (FY 2024) | 4.0% | Jhandapur, Uttar Pradesh, India |
To see the full peer comparison of Tavoy Workwear Private Limited, buy the company report.
Auditor
Tavoy Workwear Private Limited is audited by TARUN SANGHAVI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TARUN SANGHAVI & CO. | FY 2023 | 110832W |
Shareholding
The shareholding of Tavoy Workwear 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 Tavoy Workwear Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2000 | 90359611 | State Bamnk of Saurastra | ₹2.6 Cr | Satisfied | |
| 21 Jul 1997 | 90348242 | Assistant General Manager; State Bank of Saurashtra | ₹2.6 Cr | Satisfied | |
| 21 Jul 1997 | 90359206 | State Bank of Saurashtra | ₹6 Lakh | Satisfied | |
| 13 Jan 1996 | 90359022 | Bank of Baroda | ₹30 Lakh | Satisfied | |
| 19 Apr 1995 | 90358902 | Bank of Baroda | ₹20 Lakh | Satisfied |
To see the full charge records of Tavoy Workwear Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Tavoy Workwear Private Limited has 3 court cases on record: 1 filed by Tavoy Workwear, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Arunoday Mills Ltd. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India and Anr. | Disposed |
To see the full case history of Tavoy Workwear 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 Tavoy Workwear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tavoy Workwear has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT6554B1ZI | Maharashtra | Active | 01 Jul 2017 |
| 26AAACT6554B1ZK | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tavoy Workwear Private Limited, buy the company report.
Recent activity
Tavoy Workwear Private 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.
10 earlier events are in the company report.
Frequently asked questions
Tavoy Workwear is an active private limited company based in Mumbai, Maharashtra, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 13 July 1993 (33+ years old) and is registered under CIN U18105MH1993PTC072837.
Tavoy Workwear has 3 current directors:
- Rajee Nemjee Savla - Director
- Anish Nemjee Savla - Director
- Nemjee Popatlal Savla - Director
The latest financial statements of Tavoy Workwear 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 Tavoy Workwear is 27AAACT6554B1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 26AAACT6554B1ZK (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Tavoy Workwear is U18105MH1993PTC072837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tavoy Workwear has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Tavoy Workwear was incorporated on 13 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tavoy Workwear by revenue are Europa Foams Private Limited, Natson Foam Manufacturers Private Ltd, Elegant Textiles Private Limited, Refratex India Private Limited, all in the Apparel industry (Home Furnishings Manufacturers, Uniform and Work Wear), with the same principal business activity (textile, leather and other apparel products).
Liza Nemjee Savla ceased to be Director on 23 Oct 2022. Rajee Nemjee Savla was appointed as Director on 16 Aug 2007. Anish Nemjee Savla was appointed as Director on 13 Jul 1993. Tavoy Workwear has 4 board changes on record in total.
Tavoy Workwear can be reached through the website tavoyworkwearindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Tavoy Workwear is at 139 G A Agarwal Indl.Estate Jogeshwari West Bombay – 102., Mumbai, Maharashtra, India – 400102.
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