- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0000018

About Everblue Apparel Limited
Data last updated:
Everblue Apparel Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Raymond Limited. It operates in the denim and casual wear segment of the fashion and textiles sector. It was incorporated on 14 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PLC124912. Its GSTIN is 29AABCR4194C1ZD (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹11.5 Cr. It was formerly known as Raymond Infotech Limited. It is led by directors including Vijay Patil and Arun Agarwal.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at New Hind House Narottammorarjee Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹117.56 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹64.04 Lakh (net margin 0.5%) and EBITDA of ₹5.87 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 2,768 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹14 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in March 2006. Its 4 peer companies in the Apparel industry (Apparel, Denim Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 2 smaller; the largest is Best Sellers Apparels Private Limited with revenue of ₹123.94 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 2,090 overdue payments to 67 micro and small suppliers.
Everblue Apparel Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0000018). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raymond.in.
Company details
Recognitions & Rankings of Everblue Apparel
Contact details
Everblue Apparel Limited's registered office is in Mumbai, Maharashtra. Its website is raymond.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNew Hind House Narottammorarjee Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryFashion and Textile, Denim & Casual Wear
To see the full contact details of Everblue Apparel Limited, buy the company report.
- 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
Business activity
The main business activity of Everblue Apparel 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 Everblue Apparel Limited, buy the company report.
Financials of Everblue Apparel Limited
FY 2025 filings availableEverblue Apparel Limited reported revenue of ₹117.56 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 13% growth in the latest year. EBITDA fell 3% 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 |
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| EBITDA | ₹5.87 Cr | ||||
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| Net Profit (PAT) | ₹64.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Everblue Apparel Limited, buy the company report.
Board of directors of Everblue Apparel Limited
Everblue Apparel has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Patil Also directs: Scissors Engineering Products Limited, Raymond Luxury Cottons Limited, Raymond Woollen Outerwear Limited and 4 more | Director | 12 Feb 2020 | 6 Years 8 Months | Current |
| Arun Agarwal Also directs: Sai Bizserve Advisory LLP, JK Files & Engineering Limited, Scissors Engineering Products Limited and 5 more | Director | 22 Jul 2021 | 5 Years 3 Months | Current |
| Prasad Mahadev Thakur | Director | 26 Oct 2015 | 11 Years 0 Months | Current |
Peer comparison
Everblue Apparel Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel, Denim Wear), 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 |
|---|---|---|---|---|---|---|
| Best Sellers Apparels Private Limited | ₹123.94 Cr (FY 2025) | -5.0% | Manipal, Karnataka, India | |||
| Dki Apparel Private Limited | ₹122.39 Cr (FY 2024) | 33.0% | Ambarnath, Maharashtra, India | |||
| Everblue Apparel Limitedthis company | ₹117.56 Cr (FY 2025) | ₹64.04 Lakh | 0.5% | 13.0% | 2,768 | Mumbai, Maharashtra, India |
| Tandhan Cotton Mills Private Limited | ₹116.74 Cr (FY 2025) | 2206.0% | Bagnan, West Bengal, India | |||
| Eshakti.Com Private Limited | ₹114.12 Cr (FY 2024) | -28.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Everblue Apparel Limited, buy the company report.
Auditor
Everblue Apparel Limited is audited by Walker Chandiok & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2022 | 001076N/N500013 |
Shareholding
The shareholding of Everblue Apparel 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Everblue Apparel Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2019 | 100247241 | Axis Bank Limited | ₹10 Cr | Open | |
| 05 Jan 2005 | 90145597 | State Bank of India | ₹14 Cr | Satisfied |
To see the full charge records of Everblue Apparel Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Everblue Apparel Limited has 1 deal on record (1 acquisition); the latest was in March 2006.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2006 | Acquisition | ₹10 Cr | Buyer: Raymond Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Everblue Apparel Limited has 3 court cases on record: 2 filed by Everblue Apparel, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S Puravankara Limited | Pending |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Everblue Apparel 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
Everblue Apparel Limited was last rated by Care on 29 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Nov 2021 |
To see the full credit ratings and regulatory alerts of Everblue Apparel Limited, buy the company report.
MSME payment delays
Everblue Apparel Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 2,090 overdue payments to 67 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 67)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| L.T.Karle and Company | |||
| Power Tree | |||
| an individual supplier | |||
| Health Meter Services Private Limited | |||
| Needles Marketing Private Limited |
To see the full MSME payment records of Everblue Apparel Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Everblue Apparel Limited has a workforce of 2,768 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Everblue Apparel has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCR4194C1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Everblue Apparel Limited, buy the company report.
Recent activity
Everblue Apparel Limited has 31 board changes on record since 2000: 17 appointments and 14 cessations. The latest: Arun Agarwal was appointed as Director on 22 Jul 2021.
27 earlier events are in the company report.
News
Frequently asked questions
Everblue Apparel is an active public limited company based in Mumbai, Maharashtra, India. The company works in denim and casual wear, within the fashion and textile industry. It was incorporated on 14 March 2000 (26+ years old) and is registered under CIN U72900MH2000PLC124912.
Everblue Apparel has 3 current directors:
- Vijay Patil - Director
- Arun Agarwal - Director
- Prasad Mahadev Thakur - Director
The latest financial statements of Everblue Apparel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Everblue Apparel is 29AABCR4194C1ZD, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Everblue Apparel is U72900MH2000PLC124912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Everblue Apparel has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Everblue Apparel was incorporated on 14 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Everblue Apparel has 1 deal on record (1 acquisition); the latest was in March 2006.
The peers of Everblue Apparel by revenue are Best Sellers Apparels Private Limited, Dki Apparel Private Limited, Tandhan Cotton Mills Private Limited, Eshakti.Com Private Limited, all in the Apparel industry (Apparel, Denim Wear), with the same principal business activity (textile, leather and other apparel products).
Arun Agarwal was appointed as Director on 22 Jul 2021. Surya Kant Gupta ceased to be Director on 22 Jul 2021. Aruna Subramanian ceased to be Company Secretary on 21 Apr 2021. Everblue Apparel has 31 board changes on record in total.
Yes, Everblue Apparel is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0000018).
Everblue Apparel has 14 MSME Form 1 returns on record between 2019 and 2024, listing 2,090 overdue payments to 67 micro and small suppliers. The latest return was filed on 25 Apr 2024.

