Tushar Clothing Private Limited
About Tushar Clothing Private Limited
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Tushar Clothing Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2009PTC192170. Its GSTIN is 27AADCT4431C1ZP (Maharashtra).
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹37.15 Cr. It is led by directors Tushar Dharamshi Thakkar and Jayshree Tushar Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 9 Vishal Compound Near Brahma Compound Rahnal Village, Bhiwandi, Maharashtra, India – 421302.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.02 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹8.16 Cr (net margin 19.9%) and EBITDA of ₹8.5 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 97% over five years.
Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tushar Clothing Private Limited's registered office is in Bhiwandi, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressG – 9 Vishal Compound Near Brahma Compound Rahnal Village, Bhiwandi, Maharashtra, India – 421302
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Tushar Clothing Private 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
Business activity
The main business activity of Tushar Clothing is manufacturing. In detail, this covers manufacture of wearing apparel.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 14 | Manufacture of wearing apparel |
To see the full business activity and turnover split of Tushar Clothing Private Limited, buy the company report.
Financials of Tushar Clothing Private Limited
FY 2024 filings availableTushar Clothing Private Limited reported revenue of ₹41.02 Cr (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 97%. EBITDA fell 39% 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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| EBITDA | ₹8.5 Cr | ||||
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| Net Profit (PAT) | ₹8.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 20.7% | ||||
| Net Profit Margin | 19.9% | ||||
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To see the full financial statements and ratios of Tushar Clothing Private Limited, buy the company report.
Board of directors of Tushar Clothing Private Limited
Tushar Clothing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Dharamshi Thakkar Also directs: Tushar Denims Private Limited, Tushar Fabrics Private Limited | Director | 04 May 2009 | 17 Years 6 Months | Current |
| Jayshree Tushar Thakkar Also directs: Tushar Denims Private Limited, Tushar Fabrics Private Limited | Director | 04 May 2009 | 17 Years 6 Months | Current |
Auditor
Tushar Clothing Private Limited is audited by Piyush Gala & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Piyush Gala & Associates | FY 2023 | 126370W |
Shareholding
The shareholding of Tushar Clothing Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tushar Clothing Private Limited, buy the company report.
Legal cases
Tushar Clothing Private Limited has 7 court cases on record: 3 filed by Tushar Clothing, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed against the company by Etco Denim Pvt Ltd and 2 Ors | Disposed |
| Bombay High Court | Court case (CHSCD) | Filed by the company against Etco Denim Private Limited | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against Etco Denim Private Limited | Disposed |
| Bombay High Court | Commercial suit | Filed by the company against Etco Denim Private Limited | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company | Disposed |
To see the full case history of Tushar Clothing 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 Tushar Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tushar Clothing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCT4431C1ZP | Maharashtra | Active | 13 Apr 2018 |
To see the full GST registrations and return filing status of Tushar Clothing Private Limited, buy the company report.
Recent activity
Tushar Clothing Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Jayshree Tushar Thakkar was appointed as Director on 04 May 2009.
Frequently asked questions
Tushar Clothing is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 04 May 2009 (17+ years old) and is registered under CIN U51909MH2009PTC192170.
Tushar Clothing has 2 current directors:
- Tushar Dharamshi Thakkar - Director
- Jayshree Tushar Thakkar - Director
The latest financial statements of Tushar Clothing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Tushar Clothing is 27AADCT4431C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tushar Clothing is U51909MH2009PTC192170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tushar Clothing has 7 court cases on record: 3 filed by the company and 4 filed against it. Most are in the high courts.
Tushar Clothing was incorporated on 04 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Jayshree Tushar Thakkar was appointed as Director on 04 May 2009. Tushar Dharamshi Thakkar was appointed as Director on 04 May 2009.
The registered office of Tushar Clothing is at G – 9 Vishal Compound Near Brahma Compound Rahnal Village, Bhiwandi, Maharashtra, India – 421302.
Tushar Clothing operates in the manufacturing industry, in the textile and fabric production segment.
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