Dicitex Furnishings Private Limited

Dicitex Furnishings Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U17120MH1999PTC119692 Incorporated 03 May 1999 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2023
₹94.15 Cr
▼ 12% YoY
Net loss · FY 2023
₹2.93 Cr
Net margin -3.1%
EBITDA · FY 2023
₹6.15 Cr
EBITDA margin 6.5%
Authorised capital
₹5.1 Cr
Registered with MCA
Paid-up capital
₹5.1 Cr
Issued & subscribed
Open charges
₹75.5 Cr
Satisfied ₹117.72 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
412
Provident fund records

About Dicitex Furnishings Private Limited

Data last updated:

Dicitex Furnishings 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 03 May 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1999PTC119692. Its GSTIN is 27AAACD7780R1ZV (Maharashtra).

The company has an authorised share capital of ₹5.1 Cr and a paid-up capital of ₹5.1 Cr. It was formerly known as Dicitex Furnishings Limited. It is led by directors including Nimish Manoharlal Arora (Managing Director) and Rajjnish Manoharlal Aroraa.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹94.15 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹2.93 Cr (net margin -3.1%) and EBITDA of ₹6.15 Cr (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over five years.

The company has about 412 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: DCTEX. As per MCA filings, the company has open charges of ₹75.5 Cr and satisfied charges of ₹117.72 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 4 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2019. Its 4 peer companies in the Consumer Products industry (Home Furnishings Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 2 smaller; the largest is Gujarat Hy - Spin Limited with revenue of ₹94.34 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 39 overdue payments to 10 micro and small suppliers.

Dicitex Furnishings Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0002885). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dctex.com.

Company details

CIN U17120MH1999PTC119692
Registration Number 119692
Incorporation Date 03 May 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0002885

Name history

Dicitex Furnishings has undergone 2 name changes throughout its history. The company was previously known as Dicitex Furnishings Limited, and Dicitex Furnishings Private Limited. The current legal name is Dicitex Furnishings Private Limited.

Company NameStatus
Dicitex Furnishings Private LimitedCurrent
Dicitex Furnishings LimitedPrevious

CIN history

Dicitex Furnishings has one previous CIN (Corporate Identification Number): U17120MH1999PLC119692. The current CIN is U17120MH1999PTC119692, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17120MH1999PTC119692Current
U17120MH1999PLC119692Previous
Key People
Nimish Manoharlal Arora Managing Director Rajjnish Manoharlal Aroraa Director Veena Manoharlal Arora Director

Recognitions & Rankings of Dicitex Furnishings

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-18-0002885

Contact details

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

  • Email
  • Telephone
  • Website
    dctex.com
  • Social Media
  • Registered Address
    301B Palm Court Complex M Building B Wing 3rd Flr Above Dmart Malad Link Road M, Alad West, Mumbai, Maharashtra, India – 400064
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Dicitex Furnishings Private Limited, buy the company report.

Comprehensive company report
Dicitex Furnishings 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

Dicitex Furnishings operates one associated brand: DCTEX. Each brand links to its own profile.

BrandDescriptionWebsite
DCTEX
Manufactures and exports curtains, upholstery, beddings, and home furnishings.dctex.com

Business activity

The main business activity of Dicitex Furnishings 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 Dicitex Furnishings Private Limited, buy the company report.

Financials of Dicitex Furnishings Private Limited

FY 2023 filings available

Dicitex Furnishings Private Limited reported revenue of ₹94.15 Cr (down 12% YoY) for FY 2023.

Revenue · FY 2023
₹94.15 Cr ▼ 12%
Net loss · FY 2023
₹2.93 Cr margin -3.1%
EBITDA · FY 2023
₹6.15 Cr margin 6.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 3%
5 years · compounded
▼ 14%

Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 12% fall in the latest year. EBITDA fell 8% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹94.15 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹6.15 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.93 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin6.5%
Net Profit Margin-3.1%
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

To see the full financial statements and ratios of Dicitex Furnishings Private Limited, buy the company report.

Board of directors of Dicitex Furnishings Private Limited

Dicitex Furnishings has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajjnish Manoharlal Aroraa
Also directs: Arte Noir LLP, Dicitex Industries LLP, Dicitex Lifestyle Private Limited and 5 more
Director03 May 199927 Years 5 MonthsCurrent
Nimish Manoharlal Arora
Also directs: Arte Noir LLP, Dicitex Industries LLP, Dicitex Lifestyle Private Limited and 5 more
Managing Director03 May 199927 Years 5 MonthsCurrent
Veena Manoharlal Arora
Also directs: Dicitex Lifestyle Private Limited, Dicitex Home Furnishings Private Limited, Dicitex Retail Private Limited and 2 more
Director03 May 199927 Years 5 MonthsCurrent
View all directors

Peer comparison

Dicitex Furnishings Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gujarat Hy - Spin Limited₹94.34 Cr (FY 2024)50.0%Rajkot, Gujarat, India
Sree Iswarya Textiles Private Limited₹94.19 Cr (FY 2024)-15.0%Rajapalayam Tk, Kamarajar Dt, Tamil Nadu, India
Dicitex Furnishings Private Limitedthis company₹94.15 Cr (FY 2023)-₹2.93 Cr-3.1%-12.0%412Mumbai, Maharashtra, India
Laxminarayan Spinners (I) Private Limited₹93.87 Cr (FY 2025)-7.0%Solapur, Maharashtra, India
Laxminarayan Fiber Private Limited₹93.79 Cr (FY 2025)-46.0%Mantha, Maharashtra, India

To see the full peer comparison of Dicitex Furnishings Private Limited, buy the company report.

Auditor

Dicitex Furnishings Private Limited is audited by Maloo Ostwal & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Maloo Ostwal & AssociatesFY 2023119732W

Shareholding

The shareholding of Dicitex Furnishings 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 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Dicitex Furnishings Private Limited, buy the company report.

Charges & borrowings

Open charges
₹75.5 Cr
Satisfied charges
₹117.72 Cr
Breakdown by lending institutions
Union Bank of India₹48.50 Cr
Others₹27.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Nov 2017100148097Others₹9 CrOpen
05 Sep 201310452164Union Bank of India₹2 CrOpen
23 Dec 200610030828Union Bank of India₹2 CrOpen
17 Jun 200580019403Union Bank of India₹23 CrOpen
13 Jun 200580019401Union Bank of India₹20 CrOpen

To see the full charge records of Dicitex Furnishings Private Limited, buy the company report.

Total charge records: 27 View all charges

Deals & funding

Dicitex Furnishings Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2019.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Nimish Arora Huf, Rajjnish Arora Huf
Mar 2019Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Manoharlal Arora (HUF), an individual

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

Credit ratings & regulatory alerts

Dicitex Furnishings Private Limited was last rated by Brickwork on 31 Jan 2022.

Rating agencyRated onRating
Brickwork31 Jan 2022

To see the full credit ratings and regulatory alerts of Dicitex Furnishings Private Limited, buy the company report.

MSME payment delays

Dicitex Furnishings Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 39 overdue payments to 10 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 10)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Monga Strayfield Private Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Dicitex Furnishings Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Dicitex Furnishings Private Limited has a workforce of 412 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
412
Active EPFO establishments
1
Employee growth
-29.57%

GST

Dicitex Furnishings has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACD7780R1ZVMaharashtraActive01 Jul 2017

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

Recent activity

Dicitex Furnishings Private Limited has 7 board changes on record since 1999: 3 appointments and 4 cessations. The latest: Manoharlal Dharamchand Arora ceased to be Director on 28 Aug 2017.

AGM
Dicitex Furnishings Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge registered on 09 Jan 2023 via Charge ID 100681363 with Others was fully satisfied on 06 Sep 2023.
Charges
A charge registered on 05 Sep 2013 via Charge ID 10452148 with Union Bank Of India was fully satisfied on 06 Sep 2023.
Filing
Dicitex Furnishings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
A charge registered on 05 Mar 2021 via Charge ID 100425433 with Others was fully satisfied on 13 Mar 2023.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100681363 was registered on 09 Jan 2023.
Charges
A charge registered on 05 Nov 2020 via Charge ID 100407918 with Others was fully satisfied on 13 Jul 2021.
Charges
A charge registered on 16 Sep 2020 via Charge ID 100407919 with Others was fully satisfied on 13 Jul 2021.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100425433 was registered on 05 Mar 2021.
Charges
A charge with Others amounted to Rs. 1.57 Cr with Charge ID 100407918 was registered on 05 Nov 2020.
Charges
A charge with Others amounted to Rs. 1.12 Cr with Charge ID 100407919 was registered on 16 Sep 2020.
Charges
A charge registered on 15 Feb 2016 via Charge ID 10619896 with Standard Chartered Bank was fully satisfied on 28 Nov 2018.

53 earlier events are in the company report.

Frequently asked questions

Dicitex Furnishings 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 03 May 1999 (27+ years old) and is registered under CIN U17120MH1999PTC119692.

Dicitex Furnishings has 3 current directors:

The latest financial statements of Dicitex Furnishings on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Dicitex Furnishings is 27AAACD7780R1ZV, registered in Maharashtra.

The CIN (Corporate Identification Number) of Dicitex Furnishings is U17120MH1999PTC119692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Dicitex Furnishings has 8 court cases on record: 3 filed by the company and 5 filed against it. 4 are pending. Most are in the district courts.

Dicitex Furnishings was incorporated on 03 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.

Dicitex Furnishings has 2 deals on record (2 secondary share transfers); the latest was in March 2019.

The peers of Dicitex Furnishings by revenue are Gujarat Hy - Spin Limited, Sree Iswarya Textiles Private Limited, Laxminarayan Spinners (I) Private Limited, Laxminarayan Fiber Private Limited, all in the Consumer Products industry (Home Furnishings Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products).

Manoharlal Dharamchand Arora ceased to be Director on 28 Aug 2017. Ashish Vinod Kedia ceased to be Director on 01 Mar 2016. Jigar Pradip Vora ceased to be Director on 01 Mar 2016. Dicitex Furnishings has 7 board changes on record in total.

Yes, Dicitex Furnishings is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0002885).

Dicitex Furnishings has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 39 overdue payments to 10 micro and small suppliers. The latest return was filed on 13 Sep 2023.