About The Dhar Textile Mills Limited
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The Dhar Textile Mills Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 June 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17121MP1984PLC002484. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹25 Lakh. It is led by directors including Dushyant Pahare (Managing Director) and Haider Sahebjan Shaikh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 December 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at C – 1/A Low Land Area Pologround Industrial Estate, Indore, Madhya Pradesh, India – 452003.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.3 Cr, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹6.22 Lakh (net margin -1.4%) and EBITDA of ₹32.67 Lakh (EBITDA margin 7.6%).
The company has about 96 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.35 Cr and satisfied charges of ₹308.95 Cr on record. Court records list 24 cases involving the company, including 4 filed by the company and 20 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.5 Cr; the latest was in March 2006. Its 4 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 2 smaller; the largest is Umiya Garments Private Limited with revenue of ₹4.31 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website dhartextile.com.
Company details
CIN history
The Dhar Textile Mills has one previous CIN (Corporate Identification Number): L17121MP1984PLC002484. The current CIN is U17121MP1984PLC002484, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17121MP1984PLC002484 | Current |
| L17121MP1984PLC002484 | Previous |
Contact details
The Dhar Textile Mills Limited's registered office is in Indore, Madhya Pradesh.
- Registered AddressC – 1/A Low Land Area Pologround Industrial Estate, Indore, Madhya Pradesh, India – 452003
- 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
Business activity
The main business activity of The Dhar Textile Mills 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 The Dhar Textile Mills Limited, buy the company report.
Financials of The Dhar Textile Mills Limited
FY 2017 filings availableThe Dhar Textile Mills Limited reported revenue of ₹4.3 Cr (down 83% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 83% in the latest year. EBITDA rose 111% in the latest 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 | ₹4.3 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹32.67 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6.22 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 | 7.6% | ||
| Net Profit Margin | -1.4% | ||
| 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 The Dhar Textile Mills Limited, buy the company report.
Board of directors of The Dhar Textile Mills Limited
The Dhar Textile Mills has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dushyant Pahare | Managing Director | 07 Jun 2023 | 3 Years 5 Months | Current |
| Manmohan Saxena Also directs: Evolver Innovations Private Limited, Naidunia Indore Private Limited, Shradha Buildcon Private Limited and 2 more | Director | 07 Jun 2023 | 3 Years 5 Months | Current |
| Haider Sahebjan Shaikh Also directs: Credence Fintech Consultancy Private Limited | Whole-Time Director | 07 Jun 2023 | 3 Years 5 Months | Current |
Peer comparison
The Dhar Textile Mills Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Umiya Garments Private Limited | ₹4.31 Cr (FY 2023) | -42.0% | Thane, Maharashtra, India | |||
| Shivay Footcare Private Limited | ₹4.31 Cr (FY 2025) | 19.0% | Bahadurgarh, Haryana, India | |||
| The Dhar Textile Mills Limitedthis company | ₹4.3 Cr (FY 2017) | -₹6.22 Lakh | -1.4% | -83.0% | Indore, Madhya Pradesh, India | |
| Expormart India Private Limited | ₹4.3 Cr (FY 2025) | 42.0% | Bhiwandi, Maharashtra, India | |||
| KRM Exports Private Limited | ₹4.3 Cr (FY 2025) | 18.0% | Gurgaon, Haryana, India |
To see the full peer comparison of The Dhar Textile Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2001 | 90203833 | Industrial Development Bank of India | ₹12 Cr | Open | |
| 30 May 2001 | 90203823 | Madhya Pradesh Financial Corporation | ₹23.75 Lakh | Open | |
| 30 May 2001 | 90210559 | Madhya Pradesh Financial Corporation | ₹51.25 Lakh | Open | |
| 02 Dec 1999 | 90203639 | Indusind Bank Limited | ₹2 Cr | Open | |
| 12 Dec 1997 | 90203405 | Industrial Development Bank of India | ₹6.5 Cr | Open |
To see the full charge records of The Dhar Textile Mills Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
The Dhar Textile Mills Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.5 Cr; the latest was in March 2006.
To see the full deal history of The Dhar Textile Mills Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
The Dhar Textile Mills Limited has 24 court cases on record: 4 filed by The Dhar Textile Mills, 20 filed against it. 1 case is pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 15 | 1 |
| NCLT | 4 | 4 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by M/S. Asset Reconstruction Company India Ltd | Pending |
| NCLT, Indore | Insolvency matter | Filed against the company by Shradha Buildcon Private Limited | Disposed |
| NCLT, Indore | Insolvency matter | Filed against the company by Samyak International Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by M/S. Asset Reconstruction Company (India) Ltd.- Applicant | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by M/S. Asset Reconstruction Company (India) Ltd. @ Rev.---/18 - Applicant | Disposed |
To see the full case history of The Dhar Textile Mills 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 The Dhar Textile Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
The Dhar Textile Mills has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of The Dhar Textile Mills Limited, buy the company report.
Recent activity
The Dhar Textile Mills Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Sudip Bhattacharya ceased to be Irp/Rp/Liquidator on 04 Jan 2024.
81 earlier events are in the company report.
Frequently asked questions
The Dhar Textile Mills is an active public limited company based in Indore, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 June 1984 (42+ years old) and is registered under CIN U17121MP1984PLC002484.
The Dhar Textile Mills has 3 current directors:
- Dushyant Pahare - Managing Director
- Haider Sahebjan Shaikh - Whole-Time Director
- Manmohan Saxena - Director
The latest financial statements of The Dhar Textile Mills on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 December 2017. Year-wise statements from 2015 are in the company report.
No. The Dhar Textile Mills has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of The Dhar Textile Mills is U17121MP1984PLC002484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Dhar Textile Mills has 24 court cases on record: 4 filed by the company and 20 filed against it. 1 is pending. Most are in the district courts.
The Dhar Textile Mills was incorporated on 15 June 1984, making it 42+ years old. It is registered with the Registrar of Companies, Gwalior.
The Dhar Textile Mills has 1 deal on record (1 funding round), with disclosed funding of ₹3.5 Cr; the latest was in March 2006.
The peers of The Dhar Textile Mills by revenue are Umiya Garments Private Limited, Shivay Footcare Private Limited, Expormart India Private Limited, KRM Exports Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sudip Bhattacharya ceased to be Irp/Rp/Liquidator on 04 Jan 2024. Dushyant Pahare was appointed as Managing Director on 07 Jun 2023. Haider Sahebjan Shaikh was appointed as Whole-Time Director on 07 Jun 2023. The Dhar Textile Mills has 12 board changes on record in total.
The Dhar Textile Mills can be reached through the website dhartextile.com. Its registered office is in Indore, Madhya Pradesh, India.
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