Bhargavi Textiles Private Limited
About Bhargavi Textiles Private Limited
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Bhargavi Textiles Private Limited is a private limited company based in Jadcherla, Telangana, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U17290TG2010PTC071506. Its GSTIN is 36AAECB4785G1ZI (Telangana).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.26 Cr. It is led by directors including Shashank Yelisetty and Shivaji Kotapati.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sy. No. 6 Shankaraipally (V), Jadcherla, Telangana, India – 509301.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.57 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹11.75 Lakh (net margin -47.8%) and EBITDA of ₹10.02 Lakh (EBITDA margin 40.8%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 35% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Bhargavi Textiles has one previous CIN (Corporate Identification Number): U17290AP2010PTC071506. The current CIN is U17290TG2010PTC071506, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17290TG2010PTC071506 | Current |
| U17290AP2010PTC071506 | Previous |
Contact details
Bhargavi Textiles Private Limited's registered office is in Jadcherla, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressSy. No. 6 Shankaraipally (V), Jadcherla, Telangana, India – 509301
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Bhargavi Textiles 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
Financials of Bhargavi Textiles Private Limited
FY 2023 filings availableBhargavi Textiles Private Limited reported revenue of ₹24.57 Lakh (down 33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 33% fall in the latest year. EBITDA fell 59% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹10.02 Lakh | ||||
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| Net Profit (PAT) | -₹11.75 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.8% | ||||
| Net Profit Margin | -47.8% | ||||
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To see the full financial statements and ratios of Bhargavi Textiles Private Limited, buy the company report.
Board of directors of Bhargavi Textiles Private Limited
Bhargavi Textiles has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashank Yelisetty Also directs: Xerovolt Innovations LLP, Osteq Impex Private Limited | Director | 23 Jun 2011 | 15 Years 4 Months | Current |
| Shivaji Kotapati Also directs: Aditya Prime Space LLP, Right Thought Eddreicss Private Limited | Director | 23 Jun 2011 | 15 Years 4 Months | Current |
| Venkata Mandalapu Subbaiah | Director | 03 Dec 2010 | 15 Years 10 Months | Current |
| Dasaratha Gupta Yelisetty Also directs: Sindhu Hotels Private Limited, Avanthi Hotels Pvt Ltd | Director | 03 Dec 2010 | 15 Years 10 Months | Current |
Peer comparison
Bhargavi Textiles Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bharat Labels Pvt Ltd | ₹24.66 Lakh (FY 2020) | 31.0% | Punjab, India | |||
| Gitanjali Textiles Private Limited | ₹24.63 Lakh (FY 2024) | 921.0% | Ahmedabad, Gujarat, India | |||
| Bhargavi Textiles Private Limitedthis company | ₹24.57 Lakh (FY 2023) | -₹11.75 Lakh | -47.8% | -33.0% | 2 | Jadcherla, Telangana, India |
| Sree Ambal Processors Private Limited | ₹24.51 Lakh (FY 2025) | -77.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Bhargavi Textiles Private Limited, buy the company report.
Auditor
Bhargavi Textiles Private Limited is audited by PENUMARTHI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PENUMARTHI & CO | FY 2021 | 002634S |
Shareholding
The shareholding of Bhargavi Textiles Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bhargavi Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2011 | 10328169 | State Bank of Hyderabad | ₹6.6 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Bhargavi Textiles 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 Bhargavi Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhargavi Textiles Private Limited has a workforce of 2 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Bhargavi Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECB4785G1ZI | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhargavi Textiles Private Limited, buy the company report.
Recent activity
Bhargavi Textiles Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Shashank Yelisetty ceased to be Additional Director on 27 Sep 2011.
Frequently asked questions
Bhargavi Textiles is an active private limited company based in Jadcherla, Telangana, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 December 2010 (16+ years old) and is registered under CIN U17290TG2010PTC071506.
Bhargavi Textiles has 4 current directors:
- Shashank Yelisetty - Director
- Shivaji Kotapati - Director
- Venkata Mandalapu Subbaiah - Director
- Dasaratha Gupta Yelisetty - Director
The latest financial statements of Bhargavi Textiles on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhargavi Textiles is 36AAECB4785G1ZI, registered in Telangana.
The CIN (Corporate Identification Number) of Bhargavi Textiles is U17290TG2010PTC071506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhargavi Textiles was incorporated on 03 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Bhargavi Textiles by revenue are Bharat Labels Pvt Ltd, Gitanjali Textiles Private Limited, Sree Ambal Processors Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Shashank Yelisetty ceased to be Additional Director on 27 Sep 2011. Shivaji Kotapati ceased to be Additional Director on 27 Sep 2011. Shashank Yelisetty was appointed as Director on 23 Jun 2011. Bhargavi Textiles has 6 board changes on record in total.
The registered office of Bhargavi Textiles is at Sy. No. 6 Shankaraipally V, Jadcherla, Telangana, India – 509301.
Bhargavi Textiles operates in the manufacturing industry, in the textile and fabric production segment.
Bhargavi Textiles has open charges of ₹6.6 Cr and no satisfied charges on record as per latest MCA filings.