About Kavonics Private Limited
Data last updated:
Kavonics Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India. It operates in the intimate apparel segment of the apparel and fashion sector. It was incorporated on 13 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2010FTC207570. Its GSTIN is 27AAECK1167D1ZS (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26.1 Lakh. It is led by directors including Sangeeta Ramesh Sahu and Arvind Umeshchandra Joshi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at A – 124 First Floor Antop Hill Warehousing Complex Vit Collage Road Wadala (East), Mumbai, Maharashtra, India – 400037.
As per the financials filed for FY 2022, the company reported a revenue of ₹32,162, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹3.03 Lakh and EBITDA of -₹2.74 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 64% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website silkycomfort.in.
Company details
Contact details
Kavonics Private Limited's registered office is in Mumbai, Maharashtra. Its website is silkycomfort.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 124 First Floor Antop Hill Warehousing Complex Vit Collage Road Wadala (East), Mumbai, Maharashtra, India – 400037
- IndustryAppreal & Fashion, Intimate Apparel
To see the full contact details of Kavonics Private 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 Kavonics is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kavonics Private Limited, buy the company report.
Financials of Kavonics Private Limited
FY 2022 filings availableKavonics Private Limited reported revenue of ₹32,162 (down 97% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 97% fall in the latest year. EBITDA fell 131% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.03 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Kavonics Private Limited, buy the company report.
Board of directors of Kavonics Private Limited
Kavonics has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Ramesh Sahu | Director | 17 Aug 2018 | 8 Years 2 Months | Current |
| Arvind Umeshchandra Joshi | Director | 13 Sep 2010 | 16 Years 1 Months | Current |
| Kavitha Arvind Joshi | Director | 20 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Kavonics Private Limited is audited by UDAYAVAR DHANESH KUMAR & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UDAYAVAR DHANESH KUMAR & ASSOCIATES | FY 2016 |
Shareholding
The shareholding of Kavonics Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kavonics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kavonics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kavonics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kavonics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECK1167D1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kavonics Private Limited, buy the company report.
Recent activity
Kavonics Private Limited has 8 board changes on record since 2010: 3 appointments and 5 cessations. The latest: Priti Ketan Raut ceased to be Director on 30 Mar 2019.
Frequently asked questions
Kavonics is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in intimate apparel, within the apparel and fashion industry. It was incorporated on 13 September 2010 (16+ years old) and is registered under CIN U51109MH2010FTC207570.
Kavonics has 3 current directors:
- Sangeeta Ramesh Sahu - Director
- Arvind Umeshchandra Joshi - Director
- Kavitha Arvind Joshi - Director
The latest financial statements of Kavonics on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Kavonics is 27AAECK1167D1ZS, registered in Maharashtra. 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 Kavonics is U51109MH2010FTC207570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kavonics was incorporated on 13 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Priti Ketan Raut ceased to be Director on 30 Mar 2019. Srinivasan Kulandaivadivelu ceased to be Director on 30 Mar 2019. Kavitha Arvind Joshi ceased to be Additional Director on 23 Aug 2018. Kavonics has 8 board changes on record in total.
Kavonics can be reached through the website silkycomfort.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kavonics is at A – 124 First Floor Antop Hill Warehousing Complex Vit Collage Road Wadala East, Mumbai, Maharashtra, India – 400037.
Kavonics operates in the apparel and fashion industry, in the intimate apparel segment.