Banashankari Textiles Private Limited
About Banashankari Textiles Private Limited
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Banashankari Textiles Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 11 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17124KA2011PTC058077. Its GSTIN is 29AAECB4948D1ZM (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Gopaldas Soni and Sriram Rajgopal Marda.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #359 Ground Floor 7th Cross Laxmi Road Shanthi Nagar, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.69 Lakh. For the same year it recorded a net profit of ₹5.31 Lakh (net margin 14.9%) and EBITDA of ₹30.88 Lakh (EBITDA margin 86.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address#359 Ground Floor 7th Cross Laxmi Road Shanthi Nagar, Bangalore, Karnataka, India – 560027
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Banashankari Textiles Private Limited
The main business activity of Banashankari Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Banashankari Textiles Private Limited FY 2025 filings available
Banashankari Textiles Private Limited reported revenue of ₹35.69 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR) of Banashankari Textiles Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years. 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 of Banashankari Textiles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹30.88 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.31 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 of Banashankari Textiles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Banashankari Textiles are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Banashankari Textiles Private Limited
Banashankari Textiles Private Limited is audited by C.A.RAGHU NADHA MANDADI.G for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C.A.RAGHU NADHA MANDADI.G | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Banashankari Textiles Private Limited
Banashankari Textiles has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopaldas Soni | Director | 11 Apr 2011 | 15 Years 5 Months | Current |
| Sriram Rajgopal Marda Also directs: Hardik Textiles Private Limited, Hardik Foundation | Director | 19 Nov 2015 | 10 Years 10 Months | Current |
| Kishan Gopal Sitaram Soni | Director | 11 Apr 2011 | 15 Years 5 Months | Current |
| Rajgopal Mangilal Marda | Director | 11 Apr 2011 | 15 Years 5 Months | Current |
Ownership and Shareholding of Banashankari Textiles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Banashankari Textiles Private Limited
Banashankari Textiles Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Banashankari Textiles Private Limited
Employment history and EPFO contributions of people linked to Banashankari Textiles.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Banashankari Textiles Private Limited
Banashankari Textiles Private Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Sriram Rajgopal Marda was appointed as Director on 19 Nov 2015.
Credit Ratings, Litigation & Regulatory Alerts for Banashankari Textiles Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Banashankari Textiles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Banashankari Textiles Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Banashankari Textiles Private Limited
Banashankari Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECB4948D1ZM | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Banashankari Textiles Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Banashankari Textiles Private Limited
Banashankari Textiles is an active private limited company based in Bangalore, Karnataka, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 11 April 2011 (15+ years old) and is registered under CIN U17124KA2011PTC058077.
Banashankari Textiles reported revenue of ₹35.69 Lakh for FY 2024.
Banashankari Textiles has 4 current directors:
- Gopaldas Soni - Director
- Sriram Rajgopal Marda - Director
- Kishan Gopal Sitaram Soni - Director
- Rajgopal Mangilal Marda - Director
Banashankari Textiles reported a net profit of ₹5.31 Lakh (net margin 14.9%) and EBITDA of ₹30.88 Lakh (EBITDA margin 86.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Banashankari Textiles is 17% over three years and 14% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Banashankari Textiles is 29AAECB4948D1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Banashankari Textiles is U17124KA2011PTC058077. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banashankari Textiles was incorporated on 11 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Sriram Rajgopal Marda was appointed as Director on 19 Nov 2015. Sriram Rajgopal Marda ceased to be Director on 01 Jul 2011. Gopaldas Soni was appointed as Director on 11 Apr 2011. Banashankari Textiles has 5 board changes on record in total.
The registered office of Banashankari Textiles is at #359 Ground Floor 7th Cross Laxmi Road Shanthi Nagar, Bangalore, Karnataka, India – 560027.