MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0038952
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Tusha Textiles (Mumbai) Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹125.06 Cr
▲ 19% YoY
Net profit · FY 2025
₹59,000
Net margin 0%
EBITDA · FY 2025
₹4.68 Cr
EBITDA margin 3.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹53.58 Cr
Satisfied ₹22.18 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
66
Provident fund records
About Tusha Textiles (Mumbai) Private Limited
Data last updated:
Tusha Textiles (Mumbai) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1995PTC090310. Its GSTIN is 27AABCT6899C1ZZ (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Rediant Developers Private Limited. It is led by directors Tushar Maganlal Vyas and Shashikant Krishna Nangalia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹125.06 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹59,000 (net margin 0%) and EBITDA of ₹4.68 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 7% over five years.
The company has about 66 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tusha Textiles. As per MCA filings, the company has open charges of ₹53.58 Cr and satisfied charges of ₹22.18 Cr on record. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.22 Cr; the latest was in November 2013.
Tusha Textiles (Mumbai) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0038952). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tushatextiles.com.
Company details
CIN U70100MH1995PTC090310
Registration Number 090310
Incorporation Date 06 July 1995
ROC Mumbai
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 MSME
Udyam Registration UDYAM-MH-18-0038952
Recognitions & Rankings of Tusha Textiles (Mumbai)
Contact details
Tusha Textiles (Mumbai) Private Limited's registered office is in Mumbai, Maharashtra. Its website is tushatextiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit B/804 8th Floor Western Edge – II Western Express Highway Magathane Bori, Vali – (E), Mumbai, Maharashtra, India – 400066
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Tusha Textiles (Mumbai) Private Limited, buy the company report.
Comprehensive company report
Tusha Textiles (Mumbai) Private 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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Brands
Tusha Textiles (Mumbai) operates one associated brand: Tusha Textiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing, supplying, and exporting of suiting and shirting fabrics in Mumbai. | tushatextiles.com |
Business activity
The main business activity of Tusha Textiles (Mumbai) is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Tusha Textiles (Mumbai) Private Limited, buy the company report.
Financials of Tusha Textiles (Mumbai) Private Limited
FY 2025 filings availableTusha Textiles (Mumbai) Private Limited reported revenue of ₹125.06 Cr (up 19% YoY) for FY 2025.
Revenue · FY 2025
₹125.06 Cr ▲ 19%
Net profit · FY 2025
₹59,000 margin 0%
EBITDA · FY 2025
₹4.68 Cr margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 5%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 19%
5 years · compounded
▼ 5%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 19% growth in the latest year. EBITDA fell 28% 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 |
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| Total Expenses | |||||
| EBITDA | ₹4.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59,000 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Tusha Textiles (Mumbai) Private Limited, buy the company report.
Board of directors of Tusha Textiles (Mumbai) Private Limited
Tusha Textiles (Mumbai) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Maganlal Vyas | Director | 17 Aug 2002 | 24 Years 2 Months | Current |
| Shashikant Krishna Nangalia | Director | 15 Jul 1995 | 31 Years 3 Months | Current |
Auditor
Tusha Textiles (Mumbai) Private Limited is audited by SINGHVI & SANCHETI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHVI & SANCHETI | FY 2023 | 110286W |
Shareholding
The shareholding of Tusha Textiles (Mumbai) 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 Tusha Textiles (Mumbai) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹53.58 Cr
Satisfied charges
₹22.18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2025 | 101039894 | Indian Bank | ₹18 Lakh | Open | |
| 25 Oct 2023 | 100842897 | Others | ₹14 Lakh | Open | |
| 09 Jan 2023 | 100671881 | Axis Bank Limited | ₹10 Cr | Open | |
| 16 Nov 2022 | 100653289 | Axis Bank Limited | ₹12 Cr | Open | |
| 10 Nov 2022 | 100647755 | Others | ₹10.5 Lakh | Open |
To see the full charge records of Tusha Textiles (Mumbai) Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Tusha Textiles (Mumbai) Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.22 Cr; the latest was in November 2013.
Total deals
5
Funding rounds
4
Secondary share transfer
1
Disclosed funding
₹5.22 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2013 | Funding round | ₹4.03 Cr | Investors: 2 individuals |
| Aug 2008 | Funding round | ₹1 Cr | Investors: Kalash Metals Private Limited , Atvo Enterprises Limited , Luminous Venture Private Limited |
| Aug 2008 | Funding round | ₹10 Lakh | Investors: 2 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: S K Nangalia & Sons |
| Apr 2006 | Funding round | ₹9 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Tusha Textiles (Mumbai) Private 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
Tusha Textiles (Mumbai) Private Limited was last rated by Icra on 11 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 11 Mar 2022 |
To see the full credit ratings and regulatory alerts of Tusha Textiles (Mumbai) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tusha Textiles (Mumbai) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tusha Textiles (Mumbai) Private Limited has a workforce of 66 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
66
Active EPFO establishments
1
Employee growth
10%
GST
Tusha Textiles (Mumbai) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT6899C1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tusha Textiles (Mumbai) Private Limited, buy the company report.
Recent activity
Tusha Textiles (Mumbai) Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Tushar Maganlal Vyas was appointed as Director on 17 Aug 2002.
AGM
Tusha Textiles (Mumbai) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tusha Textiles (Mumbai) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Indian Bank amounted to Rs. 18.00 Lakh with Charge ID 101039894 was registered on 18 Jan 2025.
Charges
A charge with Axis Bank Limited of Rs. 1,200.00 Lakh registered on 16 Nov 2022 with Charge ID 100653289 was modified on 09 Jan 2025.
Charges
A charge with Others amounted to Rs. 14.00 Lakh with Charge ID 100842897 was registered on 25 Oct 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,000.00 Lakh with Charge ID 100671881 was registered on 09 Jan 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,200.00 Lakh with Charge ID 100653289 was registered on 16 Nov 2022.
Charges
A charge with Others amounted to Rs. 10.50 Lakh with Charge ID 100647755 was registered on 10 Nov 2022.
Charges
A charge with Yes Bank Limited of Rs. 3,105.32 Lakh registered on 30 Nov 2018 with Charge ID 100238871 was modified on 29 Dec 2021.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 10.00 Lakh with Charge ID 100333154 was registered on 16 Mar 2020.
Charges
A charge registered on 29 Dec 2009 via Charge ID 10198897 with Others was fully satisfied on 31 Mar 2019.
Charges
A charge registered on 13 Dec 2005 via Charge ID 10121548 with Allahabad Bank was fully satisfied on 31 Mar 2019.
10 earlier events are in the company report.
Frequently asked questions
Tusha Textiles (Mumbai) is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 July 1995 (31+ years old) and is registered under CIN U70100MH1995PTC090310.
Tusha Textiles (Mumbai) has 2 current directors:
- Tushar Maganlal Vyas - Director
- Shashikant Krishna Nangalia - Director
The latest financial statements of Tusha Textiles (Mumbai) 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 Tusha Textiles (Mumbai) is 27AABCT6899C1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tusha Textiles (Mumbai) is U70100MH1995PTC090310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tusha Textiles (Mumbai) was incorporated on 06 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Tusha Textiles (Mumbai) has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.22 Cr; the latest was in November 2013.
Tushar Maganlal Vyas was appointed as Director on 17 Aug 2002. Shashikant Krishna Nangalia was appointed as Director on 15 Jul 1995.
Yes, Tusha Textiles (Mumbai) is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0038952).
Tusha Textiles (Mumbai) can be reached through the website tushatextiles.com. Its registered office is in Mumbai, Maharashtra, India.
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