MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0014832
Tikani Exports Limited - manufacturing in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.96 Cr
▼ 43% YoY
Net profit · FY 2025
₹17.99 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹1.04 Cr
EBITDA margin 5%
Authorised capital
₹23.15 Cr
Registered with MCA
Paid-up capital
₹23.13 Cr
Issued & subscribed
Open charges
₹116.9 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
3
Provident fund records
About Tikani Exports Limited
Data last updated:
Tikani Exports Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U18202PB2019PLC049906. Its GSTIN is 03AAHCT4829J1Z6 (Punjab).
The company has an authorised share capital of ₹23.15 Cr and a paid-up capital of ₹23.13 Cr. It is led by directors including Kusum Bhandari (Managing Director) and Alka Gambhir.
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 Kh 400/413 Bhandari House Village Meharban Rahon Road, Ludhiana, Punjab, India – 141007.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.96 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹17.99 Lakh (net margin 0.9%) and EBITDA of ₹1.04 Cr (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 4% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹116.9 Cr on record.
Tikani Exports Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0014832). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhandariexport.com.
Company details
CIN U18202PB2019PLC049906
Registration Number 049906
Incorporation Date 23 August 2019
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0014832
Recognitions & Rankings of Tikani Exports
Contact details
Tikani Exports Limited's registered office is in Ludhiana, Punjab. Its website is bhandariexport.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKh 400/413 Bhandari House Village Meharban Rahon Road, Ludhiana, Punjab, India – 141007
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Tikani Exports Limited, buy the company report.
Comprehensive company report
Tikani Exports Limited - one report that includes everything
- 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
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Business activity
The main business activity of Tikani Exports 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 Tikani Exports Limited, buy the company report.
Financials of Tikani Exports Limited
FY 2025 filings availableTikani Exports Limited reported revenue of ₹20.96 Cr (down 43% YoY) for FY 2025.
Revenue · FY 2025
₹20.96 Cr ▼ 43%
Net profit · FY 2025
₹17.99 Lakh margin 0.9%
EBITDA · FY 2025
₹1.04 Cr margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 18%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 53%
3 years · compounded
▼ 6%
5 years · compounded
▼ 2%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 43% fall in the latest year. EBITDA fell 53% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.99 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 | 5% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Tikani Exports Limited, buy the company report.
Board of directors of Tikani Exports Limited
Tikani Exports has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusum Bhandari Also directs: Anthrilo Design House Private Limited | Managing Director | 30 Jun 2020 | 6 Years 4 Months | Current |
| Alka Gambhir Also directs: Bhandari Hosiery Exports Limited | Director | 31 Mar 2021 | 5 Years 7 Months | Current |
| Abhishek Mishra Also directs: Pinaky Taxcorp Services LLP, Kumar Food Industries Limited, Nikko Auto Limited and 1 more | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
| Nitin Bhandari Also directs: Bhandari Hosiery Exports Limited | Director | 23 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Tikani Exports 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 |
|---|---|---|---|---|---|---|
| B R Knitwears Private Limited | ₹21 Cr (FY 2017) | 60.0% | Gurgaon, Haryana, India | |||
| Malak Apparels Private Limited | ₹20.98 Cr (FY 2024) | 31.0% | Noida, Uttar Pradesh, India | |||
| Tikani Exports Limitedthis company | ₹20.96 Cr (FY 2025) | ₹17.99 Lakh | 0.9% | -43.0% | 3 | Ludhiana, Punjab, India |
| Babosa Industries Private Limited | ₹20.96 Cr (FY 2025) | 40.0% | Surat, Gujarat, India | |||
| Tirumallya Spinners Private Limited | ₹20.92 Cr (FY 2024) | 32.0% | Kolkata, West Bengal, India | |||
| Vivaan Spuntex Private Limited | ₹20.91 Cr (FY 2024) | 6.0% | Panipat, Haryana, India |
To see the full peer comparison of Tikani Exports Limited, buy the company report.
Auditor
Tikani Exports Limited is audited by V. V. Bhalla & Company for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. V. Bhalla & Company | FY 2024 | 002928N |
Shareholding
The shareholding of Tikani Exports Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tikani Exports Limited, buy the company report.
Charges & borrowings
Open charges
₹116.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2023 | 100749317 | State Bank of India | ₹8.95 Cr | Open | |
| 02 Mar 2021 | 100458695 | Sbicap Trustee Company Limited | ₹106.05 Cr | Open | |
| 09 Jan 2020 | 100327186 | The South Indian Bank Limited | ₹1.9 Cr | Open |
To see the full charge records of Tikani Exports Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Tikani Exports 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
Tikani Exports Limited was last rated by Crisil on 28 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Jul 2021 |
To see the full credit ratings and regulatory alerts of Tikani Exports Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tikani Exports Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tikani Exports Limited has a workforce of 3 employees on its EPFO records as of Apr 10, 2025, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-40%
GST
Tikani Exports has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCT4829J1Z6 | Punjab | Active | 12 Sep 2019 |
To see the full GST registrations and return filing status of Tikani Exports Limited, buy the company report.
Recent activity
Tikani Exports Limited has 14 board changes on record since 2019: 4 appointments and 10 cessations. The latest: Abhishek Mishra ceased to be Additional Director on 23 Apr 2024.
AGM
Tikani Exports Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tikani Exports Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with The South Indian Bank Limited of Rs. 1.90 Cr registered on 09 Jan 2020 with Charge ID 100327186 was modified on 03 Oct 2024.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 106.05 Cr registered on 02 Mar 2021 with Charge ID 100458695 was modified on 17 May 2024.
Ceased
Abhishek Mishra ceased to be Additional Director.
Appointed
Abhishek Mishra was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 8.95 Cr with Charge ID 100749317 was registered on 31 Mar 2023.
Ceased
Alka Gambhir ceased to be Additional Director.
Ceased
Anup Khanna ceased to be Additional Director.
Appointed
Alka Gambhir was appointed as Director.
Ceased
Kusum Bhandari ceased to be Director.
Ceased
Parveen Malhotra ceased to be Director.
10 earlier events are in the company report.
News
Frequently asked questions
Tikani Exports is an active public limited company based in Ludhiana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 August 2019 (7+ years old) and is registered under CIN U18202PB2019PLC049906.
Tikani Exports has 4 current directors:
- Kusum Bhandari - Managing Director
- Alka Gambhir - Director
- Abhishek Mishra - Director
- Nitin Bhandari - Director
The latest financial statements of Tikani Exports 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 FY 2020 are in the company report.
The GSTIN of Tikani Exports is 03AAHCT4829J1Z6, registered in Punjab.
The CIN (Corporate Identification Number) of Tikani Exports is U18202PB2019PLC049906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tikani Exports was incorporated on 23 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Tikani Exports by revenue are B R Knitwears Private Limited, Malak Apparels Private Limited, Babosa Industries Private Limited, Tirumallya Spinners Private Limited, Vivaan Spuntex Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Abhishek Mishra ceased to be Additional Director on 23 Apr 2024. Abhishek Mishra was appointed as Director on 01 Apr 2024. Alka Gambhir ceased to be Additional Director on 30 Nov 2021. Tikani Exports has 14 board changes on record in total.
Yes, Tikani Exports is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0014832).
Tikani Exports can be reached through the website bhandariexport.com. Its registered office is in Ludhiana, Punjab, India.
The registered office of Tikani Exports is at Kh 400413 Bhandari House Village Meharban Rahon Road, Ludhiana, Punjab, India – 141007.
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