MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0003390
Best Knitting Mills Private Limited - manufacturing in Bhiwandi, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹145.48 Cr
▼ 3% YoY
Net profit · FY 2025
₹46.03 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹13.22 Cr
EBITDA margin 9.1%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹12.29 Cr
Issued & subscribed
Open charges
₹63.92 Cr
Satisfied ₹155.97 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
32
Provident fund records
About Best Knitting Mills Private Limited
Data last updated:
Best Knitting Mills 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 11 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2011PTC219617. Its GSTIN is 24AAECB6073B1Z4 (Gujarat).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.29 Cr. It is led by directors Ramesh Keshavji Shah and Kunal Ramesh 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 C – 5 & C – 6 Shree Rajlaxmi Hitech Park Village Sonale Taluka Bhiwandi, Maharashtra, India – 421302.
As per the financials filed for FY 2025, the company reported a revenue of ₹145.48 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹46.03 Lakh (net margin 0.3%) and EBITDA of ₹13.22 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BKMPL. As per MCA filings, the company has open charges of ₹63.92 Cr and satisfied charges of ₹155.97 Cr on record. Court records list 24 cases involving the company, including 21 filed by the company and 3 filed against it; 12 cases are pending. The company has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹8.66 Cr; the latest was in March 2020. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 4 smaller; the largest is Sree Astalaxmi Spinning Mills Private Limited with revenue of ₹146.37 Cr.
Best Knitting Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0003390). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bestknittingmills.com.
Company details
CIN U17120MH2011PTC219617
Registration Number 219617
Incorporation Date 11 July 2011
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-MH-33-0003390
Recognitions & Rankings of Best Knitting Mills
Contact details
Best Knitting Mills Private Limited's registered office is in Bhiwandi, Maharashtra. Its website is bestknittingmills.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 5 & C – 6 Shree Rajlaxmi Hitech Park Village Sonale Taluka Bhiwandi, Maharashtra, India – 421302
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Best Knitting Mills Private Limited, buy the company report.
Comprehensive company report
Best Knitting Mills 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Best Knitting Mills operates one associated brand: BKMPL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality fabrics for apparel, automotive, home, and technical textiles sectors. | bestknittingmills.com |
Business activity
The main business activity of Best Knitting Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Best Knitting Mills Private Limited, buy the company report.
Financials of Best Knitting Mills Private Limited
FY 2025 filings availableBest Knitting Mills Private Limited reported revenue of ₹145.48 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹145.48 Cr ▼ 3%
Net profit · FY 2025
₹46.03 Lakh margin 0.3%
EBITDA · FY 2025
₹13.22 Cr margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 5%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 14%
5 years · compounded
▼ 5%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 14% 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 |
|---|---|---|---|---|---|
| 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 | ₹13.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46.03 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Best Knitting Mills Private Limited, buy the company report.
Board of directors of Best Knitting Mills Private Limited
Best Knitting Mills has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Keshavji Shah | Director | 11 Jul 2011 | 15 Years 3 Months | Current |
| Kunal Ramesh Shah | Director | 11 Jul 2011 | 15 Years 3 Months | Current |
Peer comparison
Best Knitting Mills Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sree Astalaxmi Spinning Mills Private Limited | ₹146.37 Cr (FY 2025) | 6.0% | Adilabad, Telangana, India | |||
| Shailja Texprints Private Limited | ₹146.11 Cr (FY 2025) | 25.0% | Surat, Gujarat, India | |||
| Best Knitting Mills Private Limitedthis company | ₹145.48 Cr (FY 2025) | ₹46.03 Lakh | 0.3% | -3.0% | 32 | Bhiwandi, Maharashtra, India |
| B R T Spinner Private Limited | ₹145.45 Cr (FY 2025) | -7.0% | Coimbatore, Tamil Nadu, India | |||
| Lisa Apparels Private Limited | ₹145.04 Cr (FY 2025) | 46.0% | Bangalore, Karnataka, India | |||
| Chiranjilal Spinners Private Limited | ₹145.01 Cr (FY 2025) | 16.0% | Salem, Tamil Nadu, India | |||
| Krishna Labels Pvt Ltd | ₹144.98 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India |
To see the full peer comparison of Best Knitting Mills Private Limited, buy the company report.
Auditor
Best Knitting Mills Private Limited is audited by K . S . SUBRAHMANYAM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K . S . SUBRAHMANYAM & CO | FY 2023 | 017461S |
Shareholding
The shareholding of Best Knitting Mills Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Best Knitting Mills Private Limited, buy the company report.
Charges & borrowings
Open charges
₹63.92 Cr
Satisfied charges
₹155.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2020 | 100342711 | Hdfc Bank Limited | ₹63.53 Cr | Open | |
| 09 Oct 2000 | 90219139 | Central Bank of India | ₹20 Lakh | Open | |
| 19 Jan 1999 | 90219097 | Central Bank of India | ₹15 Lakh | Open | |
| 23 Mar 1989 | 90218868 | Sardar Bhilawala Pardi People | ₹71,500 | Open | |
| 18 Aug 1980 | 90218710 | State Bank of India | ₹1 Lakh | Open |
To see the full charge records of Best Knitting Mills Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Best Knitting Mills Private Limited has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹8.66 Cr; the latest was in March 2020.
Total deals
6
Funding rounds
3
Rights issues
2
Secondary share transfer
1
Disclosed funding
₹8.66 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Manish K Haria (HUF), Kantilal L Haria (HUF), 2 individuals |
| Apr 2015 | Rights issue | ₹1.87 Cr | Investors: an individual |
| Mar 2015 | Rights issue | ₹2.46 Cr | Investors: 4 individuals |
| Dec 2013 | Funding round | ₹3.06 Cr | Investors: Ramesh Shah HUF, Ketan K Shah HUF, 2 individuals |
| Mar 2012 | Funding round | ₹3.6 Cr | Investors: Ketan K Shah HUF, 3 individuals |
To see the full deal history of Best Knitting Mills Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Best Knitting Mills Private Limited has 24 court cases on record: 21 filed by Best Knitting Mills, 3 filed against it. 12 cases are pending and 12 are disposed.
Total cases
24
Filed by the company
21
Filed against the company
3
Pending
12
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 3 | 12 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Mis.Appln ESI Exmption) | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company | Pending |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against Sriyanskumar Vinodkumart Banthia Prop. of Shriyans Textiles | Pending |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against Sriyanskumar Vinodkumart Banthia Proprietor of Sriyans Textiles, A Proprietary Concern | Pending |
| District court, Valsad, Gujarat | Court case (CR EN) | Filed by the company against Sriyanskumar Vinodkumar Bhanthia Prop. of Sriyans Textiles | Pending |
To see the full case history of Best Knitting Mills 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.
Credit ratings & regulatory alerts
Best Knitting Mills Private Limited was last rated by Crisil on 27 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Nov 2020 |
To see the full credit ratings and regulatory alerts of Best Knitting Mills Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Best Knitting Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Best Knitting Mills Private Limited has a workforce of 32 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
Employee growth
14.29%
GST
Best Knitting Mills has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECB6073B1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Best Knitting Mills Private Limited, buy the company report.
Recent activity
Best Knitting Mills Private Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Ketan Keshavji Shah ceased to be Director on 01 Apr 2019.
AGM
Best Knitting Mills Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 63.53 Cr registered on 15 Jun 2020 with Charge ID 100342711 was modified on 03 May 2025.
Filing
Best Knitting Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 19 Jun 2013 via Charge ID 10432692 with Bank Of Baroda was fully satisfied on 18 Jun 2020.
Charges
A charge registered on 13 Jan 2012 via Charge ID 10336921 with Others was fully satisfied on 18 Jun 2020.
Charges
A charge registered on 02 Dec 2011 via Charge ID 10437634 with Others was fully satisfied on 18 Jun 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 63.53 Cr with Charge ID 100342711 was registered on 15 Jun 2020.
Ceased
Ketan Keshavji Shah ceased to be Director.
Ceased
Bimal Kantilal Haria ceased to be Additional Director.
Appointed
Bimal Kantilal Haria was appointed as CEO.
Charges
A charge registered on 06 Jan 2010 via Charge ID 10196731 with Idbi Bank Limited was fully satisfied on 15 May 2017.
Charges
A charge with Others of Rs. 69.56 Cr registered on 13 Jan 2012 with Charge ID 10336921 was modified on 04 May 2017.
15 earlier events are in the company report.
Frequently asked questions
Best Knitting Mills 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 11 July 2011 (15+ years old) and is registered under CIN U17120MH2011PTC219617.
Best Knitting Mills has 2 current directors:
- Ramesh Keshavji Shah - Director
- Kunal Ramesh Shah - Director
The latest financial statements of Best Knitting Mills 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 Best Knitting Mills is 24AAECB6073B1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Best Knitting Mills is U17120MH2011PTC219617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Best Knitting Mills has 24 court cases on record: 21 filed by the company and 3 filed against it. 12 are pending. Most are in the district courts.
Best Knitting Mills was incorporated on 11 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Best Knitting Mills has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹8.66 Cr; the latest was in March 2020.
The peers of Best Knitting Mills by revenue are Sree Astalaxmi Spinning Mills Private Limited, Shailja Texprints Private Limited, B R T Spinner Private Limited, Lisa Apparels Private Limited, Chiranjilal Spinners Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ketan Keshavji Shah ceased to be Director on 01 Apr 2019. Bimal Kantilal Haria ceased to be Additional Director on 29 Mar 2019. Bimal Kantilal Haria was appointed as CEO on 29 Mar 2019. Best Knitting Mills has 5 board changes on record in total.
Yes, Best Knitting Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0003390).