Visagar Textiles Private Limited
About Visagar Textiles Private Limited
Data last updated:
Visagar Textiles 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 22 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1995PTC094716. Its GSTIN is 33AABCV2228D1ZV (Tamil Nadu). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4. It is led by directors Jugal Kishore Kothari and Sagar Tilokchand Kothari.
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 908 Dev Plaza Opp. Andheri Fire Station S.V. Road Andheri (W), Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.13 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Lakh (net margin 0.7%) and EBITDA of ₹5.54 Lakh (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹2.5 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address908 Dev Plaza Opp. Andheri Fire Station S.V. Road Andheri (W), Mumbai, Maharashtra, India – 400058
- 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
- One PDF report, delivered after checkout
Business Activity of Visagar Textiles Private Limited
The main business activity of Visagar Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Visagar Textiles Private Limited FY 2025 filings available
Visagar Textiles Private Limited reported revenue of ₹4.13 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Visagar Textiles Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 16% fall in the latest year. EBITDA rose 106% 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 of Visagar Textiles Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.09 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 of Visagar Textiles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Visagar Textiles are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Visagar Textiles Private Limited
Visagar Textiles Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Morya Apparels and Textiles (India) Private Limited | ₹4.13 Cr (FY 2019) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
| Accurate Exim Private Limited | ₹4.13 Cr (FY 2023) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Sri Mahalaxmi Texprints Private Limited | ₹4.13 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Hyderabad, Telangana, India |
| S F International Private Limited | ₹4.13 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Ludhiana, Punjab, India |
| Ecohome Tradexim Private Limited | ₹4.13 Cr (FY 2023) | •••• | •••• | 26871.0% | •••• | Delhi, India |
| Visagar Textiles Private Limited this company | ₹4.13 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Mahabahu Creation Private Limited | ₹4.12 Cr (FY 2025) | •••• | •••• | 82.0% | •••• | Surat, Gujarat, India |
| Topwell Apparels Private Limited | ₹4.12 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Bengaluru, Karnataka, India |
| Umang White Gold Private Limited | ₹4.12 Cr (FY 2023) | •••• | •••• | •••• | Chalisgaon, Maharashtra, India | |
| Ekaksh Agro Industries Private Limited | ₹4.12 Cr (FY 2025) | •••• | •••• | -79.0% | •••• | Sri Ganganagar, Rajasthan, India |
| Goel Hosiery Mills Private Limited | ₹4.12 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Visagar Textiles by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Visagar Textiles Private Limited
Auditor information for Visagar Textiles Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Visagar Textiles Private Limited
Visagar Textiles has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jugal Kishore Kothari | Director | 02 May 2023 | 3 Years 5 Months | Current |
| Sagar Tilokchand Kothari Also directs: Luxury Collective Private Limited, Saraswati Educare Foundation | Director | 14 Apr 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Visagar Textiles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Visagar Textiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2018 | Others | ₹2.5 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Visagar Textiles Private Limited
Visagar Textiles Private Limited has 2 court cases on record: 1 filed by Visagar Textiles, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Assitant Commisioner of Income Tax Central Circle 7 2 Mumbai | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Company is another party | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Visagar Textiles Private Limited
Employment history and EPFO contributions of people linked to Visagar Textiles.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Visagar Textiles Private Limited
Visagar Textiles has one previous CIN (Corporate Identification Number): U65990MH2003PTC094716. The current CIN is U65990MH1995PTC094716, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH1995PTC094716 | Current |
| U65990MH2003PTC094716 | Previous |
Recent Activity on Visagar Textiles Private Limited
Visagar Textiles Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Jugal Kishore Kothari was appointed as Director on 02 May 2023.
Credit Ratings, Litigation & Regulatory Alerts for Visagar Textiles Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Visagar Textiles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Visagar Textiles Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Visagar Textiles Private Limited
Visagar Textiles has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCV2228D1ZV | Tamil Nadu | Active | 01 Aug 2017 |
| 19AABCV2228D1ZL | West Bengal | Active | 02 Aug 2017 |
| 24AABCV2228D1ZU | Gujarat | Active | 07 Mar 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Visagar Textiles Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Visagar Textiles Private Limited
Visagar Textiles 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 22 November 1995 (31+ years old) and is registered under CIN U65990MH1995PTC094716.
Visagar Textiles reported revenue of ₹4.13 Cr for FY 2025 (down 16% YoY).
Visagar Textiles has 2 current directors:
- Jugal Kishore Kothari - Director
- Sagar Tilokchand Kothari - Director
Visagar Textiles reported a net profit of ₹3.09 Lakh (net margin 0.7%) and EBITDA of ₹5.54 Lakh (EBITDA margin 1.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Visagar Textiles is -15% over three years and -13% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Visagar Textiles is 33AABCV2228D1ZV, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 19AABCV2228D1ZL (West Bengal), 24AABCV2228D1ZU (Gujarat).
The CIN (Corporate Identification Number) of Visagar Textiles is U65990MH1995PTC094716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visagar Textiles has 2 court cases on record: 1 filed by the company. 1 is pending. Most are in the high courts.
Visagar Textiles was incorporated on 22 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Visagar Textiles by revenue are Morya Apparels and Textiles (India) Private Limited, Accurate Exim Private Limited, Sri Mahalaxmi Texprints Private Limited, S F International Private Limited, Ecohome Tradexim Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Jugal Kishore Kothari was appointed as Director on 02 May 2023. Bhagwandas Kothari ceased to be Additional Director on 31 Dec 2020. Sagar Tilokchand Kothari ceased to be Additional Director on 31 Dec 2020. Visagar Textiles has 8 board changes on record in total.