Daksha Garments Private Limited
About Daksha Garments Private Limited
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Daksha Garments Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 18 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U18100TG2016PTC110360. Its GSTIN is 36AAFCD7394G1ZC (Telangana).
The company has an authorised share capital of ₹2.62 Cr and a paid-up capital of ₹2.61 Cr. It is led by directors Gollapalli Sumalatha and Rajitha Mula.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Plot No: 28/2 Ida Cherlapally Hyderabad, Telangana, India – 500051.
As per the financials filed for FY 2019, the company reported a revenue of ₹57.21 Lakh. For the same year it recorded a net loss of ₹1.11 Cr (net margin -193.4%) and EBITDA of -₹66.44 Lakh (EBITDA margin -116.1%).
As per MCA filings, the company has open charges of ₹5.6 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Daksha Garments Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No: 28/2 Ida Cherlapally Hyderabad, Telangana, India – 500051
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Daksha Garments 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 Daksha Garments is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Daksha Garments Private Limited, buy the company report.
Financials of Daksha Garments Private Limited
FY 2019 filings availableDaksha Garments Private Limited reported revenue of ₹57.21 Lakh for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹57.21 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹66.44 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.11 Cr | ||
| 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 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -116.1% | ||
| Net Profit Margin | -193.4% | ||
| 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 Daksha Garments Private Limited, buy the company report.
Board of directors of Daksha Garments Private Limited
Daksha Garments has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gollapalli Sumalatha | Director | 18 Jun 2016 | 10 Years 4 Months | Current |
| Rajitha Mula | Director | 18 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Daksha Garments Private Limited is audited by RAMSHETTY MANU & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMSHETTY MANU & CO | FY 2019 | 017237S |
Shareholding
The shareholding of Daksha Garments Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Daksha Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2018 | 100217981 | State Bank of India | ₹60 Lakh | Open | |
| 21 Mar 2017 | 100110361 | Others | ₹5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Daksha Garments Private Limited has 4 court cases on record: 1 filed by Daksha Garments, 3 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Ifci Venture Capital Funds Ltd | Pending |
| District court, South East, Delhi | Revision petition | Filed by the company against Ifci Venture Capital Funds Ltd | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Ifci Ventures Capital Funds Ltd. Through Its Authorised Representatives | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Ifci Ventures Capital Funds Ltd. Through Authorised Representative | Pending |
To see the full case history of Daksha Garments Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Daksha Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Daksha Garments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCD7394G1ZC | Telangana | Active | 31 Jan 2018 |
To see the full GST registrations and return filing status of Daksha Garments Private Limited, buy the company report.
Recent activity
Daksha Garments Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Gollapalli Sumalatha was appointed as Director on 18 Jun 2016.
Frequently asked questions
Daksha Garments is an active private limited company based in Hyderabad, Telangana, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 18 June 2016 (10+ years old) and is registered under CIN U18100TG2016PTC110360.
Daksha Garments has 2 current directors:
- Gollapalli Sumalatha - Director
- Rajitha Mula - Director
The latest financial statements of Daksha Garments on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Daksha Garments is 36AAFCD7394G1ZC, registered in Telangana.
The CIN (Corporate Identification Number) of Daksha Garments is U18100TG2016PTC110360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daksha Garments has 4 court cases on record: 1 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Daksha Garments was incorporated on 18 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
Gollapalli Sumalatha was appointed as Director on 18 Jun 2016. Rajitha Mula was appointed as Director on 18 Jun 2016.
The registered office of Daksha Garments is at Plot No: 282 Ida Cherlapally Hyderabad, Telangana, India – 500051.
Daksha Garments operates in the fashion and textile industry, in the designer and branded fashion segment.