VSL Textiles Private Limited
About VSL Textiles Private Limited
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VSL Textiles Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the textile segment of the apparel and fashion sector. It was incorporated on 28 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17299PB2010PTC034312.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sarish Mittal and Manju Mittal.
Its last annual general meeting (AGM) was held on 29 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 644 – B Aggar Nagar, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2015, the company reported a revenue of ₹47.47 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹6,025 (net margin 0.1%) and EBITDA of ₹8,968 (EBITDA margin 0.2%).
As per MCA filings, the company has open charges of ₹173.72 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address644 – B Aggar Nagar, Ludhiana, Punjab, India – 141001
- IndustryAppreal & Fashion, Textile, Retailors, Distributors
- 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 VSL Textiles Private Limited
The main business activity of VSL Textiles is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 VSL Textiles Private Limited FY 2015 filings available
VSL Textiles Private Limited reported revenue of ₹47.47 Lakh (down 63% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR) of VSL Textiles Private Limited
Revenue fell 63% in the latest year. EBITDA rose 68% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of VSL Textiles Private Limited
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹47.47 Lakh |
| Other Income | •••• |
| Total Revenue | •••• |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | ₹8,968 |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | ₹6,025 |
| 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 VSL Textiles Private Limited
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.2% |
| Net Profit Margin | 0.1% |
| 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 VSL 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 VSL Textiles Private Limited
VSL 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 |
|---|---|---|---|---|---|---|
| Deepstambh Infrastructure Private Limited | ₹47.73 Lakh (FY 2024) | •••• | •••• | 10244.0% | •••• | Parbhani, Maharashtra, India |
| Tanay Cotex Private Limited | ₹47.72 Lakh (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Moenus Textile Private Limited | ₹47.59 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | Mandideep Dist.Raisen, Madhya Pradesh, India |
| Tap-Tex Private Limited | ₹47.56 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Ste Fashion Private Limited | ₹47.55 Lakh (FY 2023) | •••• | •••• | 380.0% | •••• | Gandhinagar, Gujarat, India |
| VSL Textiles Private Limited this company | ₹47.47 Lakh (FY 2015) | •••• | •••• | -63.0% | •••• | Ludhiana, Punjab, India |
| Nitin Fabrics Private Limited | ₹47.45 Lakh (FY 2024) | •••• | •••• | -40.0% | •••• | Haryana, India |
| Divephin Private Limited | ₹47.4 Lakh (FY 2025) | •••• | •••• | 121.0% | •••• | Faridabad, Haryana, India |
| Nova Dyeing and Printing Mills Limited | ₹47.24 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
| Foxtrend Fashion India Private Limited | ₹47.18 Lakh (FY 2025) | •••• | •••• | 63.0% | •••• | Ahmedabad, Gujarat, India |
| S. S. Garments Private Limited | ₹47.16 Lakh (FY 2025) | •••• | •••• | -57.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below VSL 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 VSL Textiles Private Limited
Auditor information for VSL 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 VSL Textiles Private Limited
VSL Textiles has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarish Mittal | Director | 28 Sep 2010 | 16 Years 0 Months | Current |
| Manju Mittal Also directs: VSL Synthetics Private Limited | Director | 28 Sep 2010 | 16 Years 0 Months | Current |
Ownership and Shareholding of VSL 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 VSL Textiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2015 | State Bank of Patiala | ₹90.22 Cr | Open |
| 13 Aug 2014 | Bank of India | ₹15 Cr | Open |
| 16 Jul 2014 | Idbi Bank Limited | ₹5 Cr | Open |
| 26 Jun 2014 | Punjab National Bank | ₹35 Cr | Open |
| 31 May 2013 | Bank of Baroda | ₹28.5 Cr | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at VSL Textiles Private Limited
Employment history and EPFO contributions of people linked to VSL 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.
Recent Activity on VSL Textiles Private Limited
VSL Textiles Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Manju Mittal was appointed as Director on 28 Sep 2010.
Credit Ratings, Litigation & Regulatory Alerts for VSL 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 VSL 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 VSL 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 VSL Textiles Private Limited
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 VSL 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 VSL Textiles Private Limited
VSL Textiles is an active private limited company based in Ludhiana, Punjab, India. The company works in textile, within the apparel and fashion industry. It was incorporated on 28 September 2010 (16+ years old) and is registered under CIN U17299PB2010PTC034312.
VSL Textiles reported revenue of ₹47.47 Lakh for FY 2015 (down 63% YoY).
VSL Textiles has 2 current directors:
- Sarish Mittal - Director
- Manju Mittal - Director
VSL Textiles reported a net profit of ₹6,025 (net margin 0.1%) and EBITDA of ₹8,968 (EBITDA margin 0.2%) for FY 2015, as per its filed financial statements.
The CIN (Corporate Identification Number) of VSL Textiles is U17299PB2010PTC034312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VSL Textiles was incorporated on 28 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of VSL Textiles by revenue are Deepstambh Infrastructure Private Limited, Tanay Cotex Private Limited, Moenus Textile Private Limited, Tap-Tex Private Limited, Ste Fashion Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Manju Mittal was appointed as Director on 28 Sep 2010. Sarish Mittal was appointed as Director on 28 Sep 2010.
The registered office of VSL Textiles is at 644 – B Aggar Nagar, Ludhiana, Punjab, India – 141001.
VSL Textiles has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
VSL Textiles operates in the apparel and fashion industry, in the textile segment.