Varanasi Fabrics Limited
About Varanasi Fabrics Limited
Data last updated:
Varanasi Fabrics Limited is a public limited company based in Varanasi, Uttar Pradesh, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 11 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U65192UP1998PLC023227.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹49.1 Lakh. It is led by directors including Akash Singhi and Pawan Kumar Singhi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at C K 20/23 – 25 Lakhi Chautra Chowk Varanasi, Uttar Pradesh, India – 221001.
As per the financials filed for FY 2016, the company reported a revenue of ₹62.76 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹1.84 Lakh (net margin 2.9%) and EBITDA of ₹2.95 Lakh (EBITDA margin 4.7%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Varanasi Fabrics Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC K 20/23 – 25 Lakhi Chautra Chowk Varanasi, Uttar Pradesh, India – 221001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Varanasi Fabrics 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 Varanasi Fabrics 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 Varanasi Fabrics Limited, buy the company report.
Financials of Varanasi Fabrics Limited
FY 2016 filings availableVaranasi Fabrics Limited reported revenue of ₹62.76 Lakh (down 26% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year. EBITDA rose 41% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹62.76 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.95 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.84 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 | 4.7% | |
| Net Profit Margin | 2.9% | |
| 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 Varanasi Fabrics Limited, buy the company report.
Board of directors of Varanasi Fabrics Limited
Varanasi Fabrics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Singhi | Director | 02 Apr 2005 | 21 Years 6 Months | Current |
| Pawan Kumar Singhi Also directs: S Suman Kumar Sajan Kumar Textiles Company Limited | Director | 11 Mar 1998 | 28 Years 7 Months | Current |
| Sajan Kumar Singhi Also directs: S Suman Kumar Sajan Kumar Textiles Company Limited | Director | 11 Mar 1998 | 28 Years 7 Months | Current |
Auditor
Varanasi Fabrics Limited is audited by S.RANJAN & CO. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.RANJAN & CO. | FY 2016 | 005222C |
Shareholding
The shareholding of Varanasi Fabrics Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Varanasi Fabrics Limited, buy the company report.
Legal cases
No court or tribunal cases involving Varanasi Fabrics 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 Varanasi Fabrics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Varanasi Fabrics has 1 associated company. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Varanasi Fabrics Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Varanasi Fabrics Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Suman Kumar Singhi ceased to be Director on 26 Sep 2011.
Frequently asked questions
Varanasi Fabrics is an active public limited company based in Varanasi, Uttar Pradesh, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 11 March 1998 (28+ years old) and is registered under CIN U65192UP1998PLC023227.
Varanasi Fabrics has 3 current directors:
- Akash Singhi - Director
- Pawan Kumar Singhi - Director
- Sajan Kumar Singhi - Director
The latest financial statements of Varanasi Fabrics on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Varanasi Fabrics is U65192UP1998PLC023227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varanasi Fabrics was incorporated on 11 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Kanpur.
Suman Kumar Singhi ceased to be Director on 26 Sep 2011. Akash Singhi was appointed as Director on 02 Apr 2005. Pawan Kumar Singhi was appointed as Director on 11 Mar 1998. Varanasi Fabrics has 4 board changes on record in total.
The registered office of Varanasi Fabrics is at C K 2023 – 25 Lakhi Chautra Chowk Varanasi, Uttar Pradesh, India – 221001.
Varanasi Fabrics operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Varanasi Fabrics is active non-compliant as of 08 September 2026. The company is actively filing with the Registrar of Companies.
Varanasi Fabrics can be reached at its registered office: C K 2023 – 25 Lakhi Chautra Chowk Varanasi, Uttar Pradesh, India – 221001.
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