Natroyal Industries Private Limited

Natroyal Industries Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74210MH1989PTC053554 Incorporated 20 September 1989 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods MSME · Medium
Data last updated
Revenue · FY 2025
₹112.53 Cr
▼ 2% YoY
Net profit · FY 2025
₹2.61 Cr
Net margin 2.3%
EBITDA · FY 2025
₹8.66 Cr
EBITDA margin 7.7%
Authorised capital
₹10.9 Cr
Registered with MCA
Paid-up capital
₹7.22 Cr
Issued & subscribed
Open charges
₹38.35 Cr
Satisfied ₹341.57 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
410
Provident fund records

About Natroyal Industries Private Limited

Data last updated:

Natroyal Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 20 September 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1989PTC053554. Its GSTIN is 27AAACV1235H3ZI (Maharashtra). The company holds 7 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹10.9 Cr and a paid-up capital of ₹7.22 Cr. It was formerly known as Vijayjyot Seats Private Limited and Vijayjyot Seats Limited. It is led by directors Rahul Motasha Mukesh and Suvrat Mahesh Shah.

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 60Cd Shlokgovt.Industrialestatecharkop Kandivli(West), Mumbai, Maharashtra, India – 400067.

As per the financials filed for FY 2025, the company reported a revenue of ₹112.53 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹2.61 Cr (net margin 2.3%) and EBITDA of ₹8.66 Cr (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.

The company has about 410 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Natroyal Industries and Natroyal. As per MCA filings, the company has open charges of ₹38.35 Cr and satisfied charges of ₹341.57 Cr on record. Court records list 67 cases involving the company, including 48 filed by the company and 19 filed against it; 19 cases are pending. The company has 6 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Cr; the latest was in March 2024. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 1,231 overdue payments to 65 micro and small suppliers.

Natroyal Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-17-0000047). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website natroyalgroup.com.

Company details

CIN U74210MH1989PTC053554
Registration Number 053554
Incorporation Date 20 September 1989
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 Medium
Udyam Registration UDYAM-GJ-17-0000047

Name history

Natroyal Industries has undergone 2 name changes throughout its history. The company was previously known as Vijayjyot Seats Private Limited, and Vijayjyot Seats Limited. The current legal name is Natroyal Industries Private Limited.

Company NameStatus
Natroyal Industries Private LimitedCurrent
Vijayjyot Seats Private LimitedPrevious
Vijayjyot Seats LimitedPrevious
Key People
Rahul Motasha Mukesh Director Suvrat Mahesh Shah Director

Recognitions & Rankings of Natroyal Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-17-0000047

Contact details

Natroyal Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is natroyalgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    natroyalgroup.com
  • Registered Address
    60Cd Shlokgovt.Industrialestatecharkop Kandivli(West), Mumbai, Maharashtra, India – 400067
  • Industry
    Consumer Goods, Leather Goods Manufacturing

To see the full contact details of Natroyal Industries Private Limited, buy the company report.

Comprehensive company report
Natroyal Industries 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

Natroyal Industries operates two associated brands: Natroyal Industries and Natroyal. Each brand links to its own profile.

BrandDescriptionWebsite
Natroyal Industries
Manufactures and supplies vinyl flooring, fabrics, and seating components globally.natroyalproducts.com
Natroyal
Natroyal's potato farming, grain marketing, and equipment services in Maine.natroyalgroup.com

Business activity

The main business activity of Natroyal Industries is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Natroyal Industries Private Limited, buy the company report.

Financials of Natroyal Industries Private Limited

FY 2025 filings available

Natroyal Industries Private Limited reported revenue of ₹112.53 Cr (down 2% YoY) for FY 2025.

Revenue · FY 2025
₹112.53 Cr ▼ 2%
Net profit · FY 2025
₹2.61 Cr margin 2.3%
EBITDA · FY 2025
₹8.66 Cr margin 7.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 10%
5 years · compounded
▼ 12%
EBITDA CAGR growth
5 years · compounded
▲ 19%

Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 2% fall 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.61 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.7%
Net Profit Margin2.3%
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 Natroyal Industries Private Limited, buy the company report.

Board of directors of Natroyal Industries Private Limited

Natroyal Industries has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rahul Motasha MukeshDirector10 Jan 201115 Years 9 MonthsCurrent
Suvrat Mahesh ShahDirector10 Jan 201115 Years 9 MonthsCurrent
View all directors

Auditor

Natroyal Industries Private Limited is audited by Manek & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Manek & AssociatesFY 2023126679W

Shareholding

The shareholding of Natroyal Industries 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Natroyal Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹38.35 Cr
Satisfied charges
₹341.57 Cr
Breakdown by lending institutions
Others₹38.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Mar 2025101070653Others₹9.84 CrOpen
26 Dec 2024101035312Others₹28.42 CrOpen
26 Sep 2023100823792Others₹9 LakhOpen
13 Oct 2021100488640Tata Capital Financial Services Limited₹35.6 LakhSatisfied
22 Mar 2019100254058State Bank of India₹23.25 CrSatisfied

To see the full charge records of Natroyal Industries Private Limited, buy the company report.

Total charge records: 47 View all charges

Deals & funding

Natroyal Industries Private Limited has 6 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Cr; the latest was in March 2024.

Total deals
6
Rights issues
2
Secondary share transfers
2
Funding round
1
Acquisition
1
Disclosed funding
₹2 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2024Rights issue₹5.1 CrInvestors: Moneybee Securities Private Limited , Vinod Kantilal Shah HUF, 2 individuals
Nov 2012Acquisition₹74.8 CrBuyer: CVG Seating (India) Private Limited
Seller: Natroyal Industries Private Limited
Sep 2011Secondary share transferUndisclosedBuyer: Trilokesh Trading and Consultancy Services LLP
Seller: Trilokatma Trading and Consultancy Services LLP
Jul 2011Funding round₹2 CrInvestors: Royal Knitting Private Limited , Trilokatma Trading and Consultancy Services LLP , Sahishnu Trading and Consultancy Services LLP
Mar 2008Rights issue₹4 CrInvestors: Shreeshaha Trading and Consultancy Services LLP , Trilokatma Trading and Consultancy Services LLP , Bhaktavatsala Trading and Consultancy Services LLP , an individual

To see the full deal history of Natroyal Industries Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Natroyal Industries Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 1,231 overdue payments to 65 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 65)

SupplierAmount dueDue sinceReported on
New Century Filaments Private Limited
Indian Light House
Product and System Engineeri
an individual supplier
Varsha Enterprise

To see the full MSME payment records of Natroyal Industries Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Natroyal Industries Private Limited has a workforce of 410 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
410
Active EPFO establishments
1
Employee growth
37.12%

GST

Natroyal Industries has 7 GST registrations: 2 active and 5 cancelled or inactive.

Total GSTINs
7
Active
2
Cancelled / inactive
5
GSTINStateStatusRegistered on
27AAACV1235H3ZIMaharashtraActive01 Jul 2017
24AAACV1235H1ZQGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Natroyal Industries Private Limited, buy the company report.

Recent activity

Natroyal Industries Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Dushyant Shaileshbhai Patadiya ceased to be Company Secretary on 12 Aug 2019.

AGM
Natroyal Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Natroyal Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 9.84 Cr with Charge ID 101070653 was registered on 12 Mar 2025.
Charges
A charge with Others of Rs. 28.42 Cr registered on 26 Dec 2024 with Charge ID 101035312 was modified on 12 Mar 2025.
Charges
A charge registered on 13 Oct 2021 via Charge ID 100488640 with Tata Capital Financial Services Limited was fully satisfied on 11 Mar 2025.
Charges
A charge registered on 17 Sep 2018 via Charge ID 100216457 with Tata Capital Financial Services Limited was fully satisfied on 11 Mar 2025.
Charges
A charge registered on 17 Oct 2017 via Charge ID 100139377 with Tata Capital Financial Services Limited was fully satisfied on 11 Mar 2025.
Charges
A charge registered on 22 Mar 2019 via Charge ID 100254058 with State Bank Of India was fully satisfied on 24 Jan 2025.
Charges
A charge with Others amounted to Rs. 28.42 Cr with Charge ID 101035312 was registered on 26 Dec 2024.
Charges
A charge registered on 18 Oct 2016 via Charge ID 100071002 with Others was fully satisfied on 06 Jun 2024.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100823792 was registered on 26 Sep 2023.
Charges
A charge with State Bank Of India of Rs. 23.25 Cr registered on 22 Mar 2019 with Charge ID 100254058 was modified on 18 Jul 2022.

111 earlier events are in the company report.

Frequently asked questions

Natroyal Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 20 September 1989 (37+ years old) and is registered under CIN U74210MH1989PTC053554.

Natroyal Industries has 2 current directors:

The latest financial statements of Natroyal Industries 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 Natroyal Industries is 27AAACV1235H3ZI, registered in Maharashtra. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 24AAACV1235H1ZQ (Gujarat).

The CIN (Corporate Identification Number) of Natroyal Industries is U74210MH1989PTC053554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Natroyal Industries has 67 court cases on record: 48 filed by the company and 19 filed against it. 19 are pending. Most are in the high courts.

Natroyal Industries was incorporated on 20 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.

Natroyal Industries has 6 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Cr; the latest was in March 2024.

Dushyant Shaileshbhai Patadiya ceased to be Company Secretary on 12 Aug 2019. Arvind Vadilal Motasha ceased to be Director on 10 Jan 2011. Deepak Motasha Amrutlal ceased to be Director on 10 Jan 2011. Natroyal Industries has 9 board changes on record in total.

Yes, Natroyal Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-17-0000047).

Natroyal Industries has 13 MSME Form 1 returns on record between 2019 and 2024, listing 1,231 overdue payments to 65 micro and small suppliers. The latest return was filed on 29 Apr 2024.