About Arvind Brands & Retail Limited
Data last updated:
Arvind Brands & Retail Limited was a public limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Arvind Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the fashion retail segment of the fashion and textiles sector. It was incorporated on 16 October 2007.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52609GJ2007PLC051974. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹99.5 Cr and a paid-up capital of ₹16.97 Cr. It was formerly known as Silverstone Properties Limited. It was led by directors including Kamalbhai Rameshbhai Sheth and Ramnik Bhimani Vashrambhai.
Its last annual general meeting (AGM) was held on 23 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Arvind Mill Premises Naroda Road Ahmedabad, Gujarat, India – 380025.
As per the financials filed for FY 2016, the company reported a revenue of ₹3.34 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹40.68 Lakh (net margin -12.2%) and EBITDA of ₹2.91 Cr (EBITDA margin 87.2%).
Its group structure included 3 subsidiaries.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
The last known website on record is arvind.in.
Company details
CIN history
Arvind Brands & Retail has one previous CIN (Corporate Identification Number): U45201GJ2007PLC051974. The current CIN is U52609GJ2007PLC051974, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52609GJ2007PLC051974 | Current |
| U45201GJ2007PLC051974 | Previous |
Contact details
Arvind Brands & Retail Limited's registered office is in Ahmedabad, Gujarat. Its website is arvind.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressArvind Mill Premises Naroda Road Ahmedabad, Gujarat, India – 380025
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Arvind Brands & Retail 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 Arvind Brands & Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Arvind Brands & Retail Limited, buy the company report.
Financials of Arvind Brands & Retail Limited
FY 2016 filings availableArvind Brands & Retail Limited reported revenue of ₹3.34 Cr (up 1447% YoY) for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹3.34 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.91 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹40.68 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 87.2% | |
| Net Profit Margin | -12.2% | |
| 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 Arvind Brands & Retail Limited, buy the company report.
Board of directors of Arvind Brands & Retail Limited
Arvind Brands & Retail has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamalbhai Rameshbhai Sheth | Director | 16 Mar 2015 | 11 Years 7 Months | As last reported |
| Ramnik Bhimani Vashrambhai Also directs: Arvind Premium Retail Limited | Additional Director | 18 Oct 2016 | 10 Years 0 Months | As last reported |
| Jayesh N Thakkar | Additional Director | 18 Oct 2016 | 10 Years 0 Months | As last reported |
Peer comparison
Arvind Brands & Retail Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Apparel Retail and Distribution, Hypermarkets), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaithra Super Mart Private Limited | ₹3.36 Cr (FY 2024) | 2.0% | Hyderabad, Telangana, India | |||
| Leeza Lifestyle Private Limited | ₹3.34 Cr (FY 2022) | -64.0% | Gurgaon, Haryana, India | |||
| Arvind Brands & Retail Limitedthis company | ₹3.34 Cr (FY 2016) | -₹40.68 Lakh | -12.2% | 1447.0% | Ahmedabad, Gujarat, India | |
| WMM E-Commerce Private Limited | ₹3.33 Cr (FY 2020) | -11.0% | New Panvel, Maharashtra, India | |||
| Shasank Commotrade Pvt Ltd | ₹3.32 Cr (FY 2019) | 4.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Arvind Brands & Retail Limited, buy the company report.
Auditor
Arvind Brands & Retail Limited is audited by Sorab S. Engineer & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sorab S. Engineer & Co. | FY 2016 |
Shareholding
The shareholding of Arvind Brands & Retail Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Arvind Brands & Retail Limited, buy the company report.
Legal cases
Arvind Brands & Retail Limited has 4 court cases on record: 2 filed by Arvind Brands & Retail, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax-1, Ahmedabad | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax 1 Ahmedabad | Pending |
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
To see the full case history of Arvind Brands & Retail 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Arvind Brands & Retail Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Arvind Brands & Retail has 3 subsidiary companies and 2 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Arvind Beauty Brands Retail Private Limited | U52100GJ2015PTC082996 | |
| Arvind Lifestyle Brands Limited | U64201GJ1995PLC024598 | |
| Arvind Internet Limited | U72400GJ2013PLC074576 |
To see the full group structure of Arvind Brands & Retail Limited, buy the company report.
GST
Arvind Brands & Retail has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Arvind Brands & Retail Limited, buy the company report.
Recent activity
Arvind Brands & Retail Limited has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Kannan Soundararajan ceased to be Cfo(Kmp) on 25 Oct 2016.
4 earlier events are in the company report.
Frequently asked questions
Arvind Brands & Retail has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Arvind Brands & Retail was a public limited company based in Ahmedabad, Gujarat, India. The company worked in fashion retail, within the fashion and textile industry. It was incorporated on 16 October 2007 and is registered under CIN U52609GJ2007PLC051974. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Arvind Brands & Retail was incorporated on 16 October 2007. It is registered with the Registrar of Companies, Ahmedabad.
Arvind Brands & Retail had 3 directors:
- Kamalbhai Rameshbhai Sheth - Director
- Ramnik Bhimani Vashrambhai - Additional Director
- Jayesh N Thakkar - Additional Director
The CIN (Corporate Identification Number) of Arvind Brands & Retail is U52609GJ2007PLC051974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Arvind Brands & Retail is at Arvind Mill Premises Naroda Road Ahmedabad, Gujarat, India – 380025.
Arvind Brands & Retail can be reached through the website arvind.in. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Arvind Brands & Retail on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 23 September 2016. Year-wise statements from 2015 are in the company report.
No. Arvind Brands & Retail has 2 GST registrations on record and all of them are cancelled or inactive.
Arvind Brands & Retail operated in the fashion and textile industry, in the fashion retail segment.
The peers of Arvind Brands & Retail by revenue are Jaithra Super Mart Private Limited, Leeza Lifestyle Private Limited, WMM E-Commerce Private Limited, Shasank Commotrade Pvt Ltd, all in the Consumer Services industry (Apparel Retail and Distribution, Hypermarkets), with the same principal business activity (retail trading).
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