- Business
- Shiva Suitings Ltd engages in the manufacture and trading of textile products in India. The company produces and wholesales printed fabrics, cotton fabrics, man-made fabrics, polyester fabrics, velvet fabrics, yarn, household linen, articles of clothing, floor coverings, tapestry and sports clothes. Incorporated in 1985 and headquartered in Mumbai, Maharashtra, Shiva Suitings operates primarily in the domestic Indian market with a focus on spinning, weaving, finishing and wholesale distribution activities.[web:screener] Recent financial results show net sales declining to Rs 0.49 crore in the December 2024 quarter from Rs 0.91 crore year-over-year, with net profit at nil compared to Rs 0.02 crore previously; for FY2025 ending March 2025, annual revenue fell 31% to Rs 2.60 crore while net profit remained steady at Rs 0.05 crore.[web:tickertape] The company maintains an almost debt-free status and reports ongoing compliance with SEBI regulations, including certificate issuances under Regulation 74(5) in July 2025 and board meetings for Q1 FY26 results in August 2025, amid low promoter holding of 0.01%.[web:screener][web:tickertape]