Barani Silks Private Limited

Barani Silks Private Limited - manufacturing in Tenkasi, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U18109TN2020PTC135141 Incorporated 14 April 2020 ROC Chennai HQ Tenkasi, Tamil Nadu, India
Active Private Limited Company manufacturing MSME
Data last updated
Revenue · FY 2023
₹19.8 Cr
▼ 51% YoY
Net profit · FY 2023
₹22.44 Lakh
Net margin 1.1%
EBITDA · FY 2023
₹1.09 Cr
EBITDA margin 5.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹6.27 Lakh
Issued & subscribed
Satisfied charges
₹2.6 Cr
No open charges
Company age
6 yrs
Est. 2020
Employees · EPFO
14
Provident fund records

About Barani Silks Private Limited

Data last updated:

Barani Silks Private Limited is a private limited company based in Tenkasi, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 April 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U18109TN2020PTC135141. Its GSTIN is 33AAICB9818N1Z5 (Tamil Nadu).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹6.27 Lakh. It is led by directors including Renuka and Selvaraj Lakshmi.

Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at D.No.155 Shenbagavinayagar Koil Street, Tenkasi, Tamil Nadu, India – 627811.

As per the financials filed for FY 2023, the company reported a revenue of ₹19.8 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹22.44 Lakh (net margin 1.1%) and EBITDA of ₹1.09 Cr (EBITDA margin 5.5%).

The company has about 14 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹2.6 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 4 cases are pending.

Barani Silks Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-18-0004659). For more details, the company can be reached via its website baranisilkstsi.com.

Company details

CIN U18109TN2020PTC135141
Registration Number 135141
Incorporation Date 14 April 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification MSME
Udyam Registration UDYAM-TN-18-0004659

Recognitions & Rankings of Barani Silks

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TN-18-0004659

Contact details

Barani Silks Private Limited's registered office is in Tenkasi, Tamil Nadu. Its website is baranisilkstsi.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    D.No.155 Shenbagavinayagar Koil Street, Tenkasi, Tamil Nadu, India – 627811
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Barani Silks Private Limited, buy the company report.

Comprehensive company report
Barani Silks Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Barani Silks is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Barani Silks Private Limited, buy the company report.

Financials of Barani Silks Private Limited

FY 2023 filings available

Barani Silks Private Limited reported revenue of ₹19.8 Cr (down 51% YoY) for FY 2023.

Revenue · FY 2023
₹19.8 Cr ▼ 51%
Net profit · FY 2023
₹22.44 Lakh margin 1.1%
EBITDA · FY 2023
₹1.09 Cr margin 5.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 51%
EBITDA CAGR growth
1 year
▼ 15%

Revenue fell 51% in the latest year. EBITDA fell 15% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21
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₹1.09 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹22.44 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

MetricsFY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.5%
Net Profit Margin1.1%
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 Barani Silks Private Limited, buy the company report.

Board of directors of Barani Silks Private Limited

Barani Silks has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
RenukaDirector27 May 20206 Years 5 MonthsCurrent
Selvaraj LakshmiDirector14 Apr 20206 Years 6 MonthsCurrent
Ponraj SanthiDirector27 May 20206 Years 5 MonthsCurrent
Thangadurai PonrajDirector14 Apr 20206 Years 6 MonthsCurrent

Auditor

Barani Silks Private Limited is audited by P SELVARAJ ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
P SELVARAJ ASSOCIATESFY 2022007288S

Shareholding

The shareholding of Barani Silks Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Barani Silks Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹2.6 Cr
Breakdown by lending institutions
Tamilnad Mercantile Bank Limited₹2.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Mar 2021100427848Tamilnad Mercantile Bank Limited₹2.6 CrSatisfied

To see the full charge records of Barani Silks Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Barani Silks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Barani Silks Private Limited has a workforce of 14 employees on its EPFO records as of Apr 02, 2024, across 5 active EPFO establishments.

Employee count
14
Active EPFO establishments
5
Employee growth
-63.16%

GST

Barani Silks has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAICB9818N1Z5Tamil NaduActive12 Jun 2020

To see the full GST registrations and return filing status of Barani Silks Private Limited, buy the company report.

Recent activity

Barani Silks Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Ponraj Santhi ceased to be Additional Director on 31 Dec 2021.

AGM
Barani Silks Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Charges
A charge registered on 04 Mar 2021 via Charge ID 100427848 with Tamilnad Mercantile Bank Limited was fully satisfied on 06 Jul 2023.
Filing
Barani Silks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 2.60 Cr registered on 04 Mar 2021 with Charge ID 100427848 was modified on 11 Jan 2022.
Ceased
Ponraj Santhi ceased to be Additional Director.
Ceased
Renuka ceased to be Additional Director.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 2.60 Cr with Charge ID 100427848 was registered on 04 Mar 2021.
Appointed
Ponraj Santhi was appointed as Director.
Appointed
Renuka was appointed as Director.
Appointed
Selvaraj Lakshmi was appointed as Director.
Appointed
Thangadurai Ponraj was appointed as Director.
Incorporation
14 Apr 2020
Barani Silks Private Limited was registered on 14 Apr 2020 with Roc Chennai & aged 6 years 6 months as per MCA records.

Frequently asked questions

Barani Silks is an active private limited company based in Tenkasi, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 April 2020 (6+ years old) and is registered under CIN U18109TN2020PTC135141.

Barani Silks has 4 current directors:

The latest financial statements of Barani Silks on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Barani Silks is 33AAICB9818N1Z5, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Barani Silks is U18109TN2020PTC135141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Barani Silks has 6 court cases on record: 6 filed against it. 4 are pending.

Barani Silks was incorporated on 14 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.

Ponraj Santhi ceased to be Additional Director on 31 Dec 2021. Renuka ceased to be Additional Director on 31 Dec 2021. Ponraj Santhi was appointed as Director on 27 May 2020. Barani Silks has 6 board changes on record in total.

Yes, Barani Silks is registered as an MSME under Udyam registration (number: UDYAM-TN-18-0004659).

Barani Silks can be reached through the website baranisilkstsi.com. Its registered office is in Tenkasi, Tamil Nadu, India.