Sidwin Fabric Private Limited

📍 Sabar Kantha, Gujarat, India Active CIN U17120GJ2011PTC066503 Apparel, Textiles & Footwear

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Key Metrics of Sidwin Fabric Private Limited

Revenue₹70.5 Cr▲ 21.8% YoYFY 2023-24

EBITDA₹8.81 Cr▲ 23.7% YoY

Net profit₹1.80 Cr▲ 200.0% YoY

Net worth—

Competitors10identified

About Sidwin Fabric Private Limited

Sectors

Apparel, Textiles & FootwearTextiles, Cotton & Yarn

Company details

Registered office: Servy No. 898, At - Dhundhar, Ranasan Road, Nr. Anupam Ceramic, Ta - Himatnagar, Gambhoi, Sabar Kantha, In-gj, 383030

Operational Areas of Sidwin Fabric Private Limited

Apparel, Textiles & Footwear›Textiles, Cotton & Yarn

Company summary

Entity details

CINU17120GJ2011PTC066503

LEI code335800K67JD5NU2IQ993

State codeGJ

PIN code383030

Current legal nameSIDWIN FABRIC PRIVATE LIMITED

Classification—

Listing statusUnlisted

Registration no.066503

Company age—

PAN—

CountryIndia

CitySabar Kantha

StateGujarat

Current statusActive

Date of incorporation—

Registrar of companies—

Authorised capital—

Paid-up capital—

Employee count—

Compliance

Last AGM date—

Last balance sheet—

Next filing dueMGT-7 for FY 2025-26 · 29 Nov 2026

Industry classification

NIC code17120

Description of main activityManufacture of textiles

Description of business activityManufacture of textiles

SectorApparel, Textiles & Footwear · Textiles, Cotton & Yarn

Premium

Financials, ratios and risk analysis

Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.

Filing compliance

AGM for FY 2025-2630 Sep 2026 Statutory due date passed

AOC-4 for FY 2025-2630 Oct 2026 Statutory due date passed

MGT-7 for FY 2025-2629 Nov 2026 Statutory due date · 26 days left

Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.

Vendor checks & payment capacity

Credit ratings

ICRA · 20 Aug 2026 Withdrawn Stable outlook · Short term A4 · Withdrawn

Change in last 12 months—

Change since first rating on record—since Apr 2026

Rating actions20 up · 0 down

NoteLatest action: rating withdrawn (ICRA, 20 Aug 2026)

Rating history

Rating actions

Date	Agency	Action	Long term	Short term	Outlook	Rated amount	Rationale
20 Aug 2026	ICRA	Withdrawn	B+	A4	Stable	₹10.0 Cr	View
16 Apr 2026	ICRA	Non-cooperating	B+	A4	Stable	₹10.0 Cr	View

Agency-reported financials (ICRA, 16 Apr 2026)

Metric	FY2023	FY2024
Operating income	₹57.90 Cr	₹70.50 Cr
PAT	₹0.60 Cr	₹1.80 Cr
OPBDITA/OI	12.3%	12.5%
PAT/OI	1.0%	2.5%
Total debt/OPBDITA (times)	5.90×	4.70×
Interest coverage (times)	2.30×	2.70×
Revenue growth (YoY)	—	21.8%
EBITDA (margin × income)	₹7.12 Cr	₹8.81 Cr
Implied total debt (debt/EBITDA × EBITDA)	₹42.01 Cr	₹41.41 Cr
Implied interest cost (EBITDA ÷ coverage)	₹3.10 Cr	₹3.26 Cr

Borrowings & rated debt

Rated borrowing limits (latest)₹10.0 Cr

Limits raised0 times0 new facilities rated

Facility mix

Rated facilities

Facility	Type	Previous	Current	Change	Rating	Action	Agency
Long Term-Fund Based-Cash Credit continues to remain under ‘ ’	Working capital & bank lines	₹5.00 Cr	₹5.00 Cr	0.0%	B+ (Stable)	Non-cooperating	ICRA
Long Term Short Term-continues to remain	Working capital & bank lines	₹5.03 Cr	₹5.03 Cr	0.0%	B+ / A4 (Stable)	Non-cooperating	ICRA

Credit assessment · Cotton textile

Rating Methodology – Cotton Textile (Sep 2026) · Standalone accounts · FY 2023-24

Indicative long-term—

Indicative short-term—

Score—

LiquidityStretched

DirectionStableAgency outlook: Stable

ICRA rating · Apr 2026B+5 notches below indicative

Ratios, pillar scores and the indicative rating are part of Premium.

Rating status

Default	No default on record
Issuer cooperation	Cooperating
Credit enhancement	None – standalone rating
Withdrawal	ICRA · 20 Aug 2026 · Withdrawn (reason not stated in report)
Next action stable or better (model)	39%
Information on file	22% · missing: Audited financial statements (last 18 months), Annual results history (3+ years), Liquidity position, Debt obligations and repayment schedule, Capex / investment plans, Auditor details, Shareholding pattern

Indicative assessment from public data using the published methodology factors; not a credit rating.

Borrowing & funding lifecycle

⬇ PDF report ⬇ Excel

Can it borrow more?Further bank funding difficult Next rating action stable or better: 32% (Downgrade likely) · ML model on 6893 rating histories, AUC 0.653

Rated limits₹10.03 Cr

Not yet allocated—

Extra debt within 2.5× EBITDA—

Interest coverage2.70×

Limit utilisation—

Open bank charges0 · —

Credit outlook model: 32% chance the next rating action is stable or better
Current rating B+ (below investment grade)
Interest coverage 2.7×
Issuer not cooperating with the rating agency
ICRA withdrew its ratings on 20 Aug 2026 — usually after the rated bank loans were repaid or moved to another lender

Rated limits by facility

Timeline

20 Aug 2026 ICRA withdrawn: B+ (Stable)Rated limits ₹10.03 cr ICRA rationale

16 Apr 2026 ICRA non-cooperating: B+ (Stable)Rated limits ₹10.03 cr ICRA rationale

Lender names, bank charges and audited borrowings are part of Premium.

Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.

Registered office and contact

Registered officeSERVY NO. 898, AT - DHUNDHAR, RANASAN ROAD, NR. ANUPAM CERAMIC, TA - HIMATNAGAR, GAMBHOI, SABAR KANTHA, IN-GJ, 383030

GSTIN—

Email—

Website—

Members / shareholders—

Directors and key people

Directors are read from the MGT-7 annual return and AOC-4 signatories.

Competitors of Sidwin Fabric Private Limited

Competitors10identified

Locations2most in India

Top competitors by location

Company	Description	Domain	Founded	Location
Grasim Industries	Textiles, Cotton & Yarn · Apparel, Textiles & Footwear	grasim.com	1948	Ujjain, India
Arvind Limited	Textiles, Cotton & Yarn · Apparel, Textiles & Footwear	arvind.com	—	Ahmedabad, India
Welspun Living	Textiles, Cotton & Yarn · Apparel, Textiles & Footwear	welspunliving.com	—	Anjar, India
Raymond	Formal & Premium Menswear · Apparel, Textiles & Footwear	raymond.in	—	Ratnagiri, India
Alok Industries	Discovered Companies · Other Industries	alokind.com	1986	Silvassa, India
Trident	Part of Mondelez International.	tridentindia.com	—	India
Raymond Lifestyle Limited	Discovered Companies · Other Industries	—	—	Aurangabad, Maharashtra, India
KPR Mill	Textiles, Cotton & Yarn · Apparel, Textiles & Footwear	kprmilllimited.com	—	India
Page Industries	Textiles, Cotton & Yarn · Apparel, Textiles & Footwear	pageind.com	1995	Bengaluru, India
Indo Count Industries	Textiles, Cotton & Yarn · Apparel, Textiles & Footwear	indocount.com	—	Kolhapur, India

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Charges (secured borrowings)

0 registered charges. Lenders, amounts and dates are part of the premium plan.

Statutory auditors

Auditors are read from the AOC-4 auditor's report section.

Business activities and related parties

Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.

Filings

No filings on record yet.