About Deep Carpets Manufacturing Ltd
Data last updated:
Deep Carpets Manufacturing Ltd is a public limited company based in Amritsar, Punjab, India. It operates in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 04 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17226PB1994PLC014198. Its GSTIN is 03AAACD5624J1ZY (Punjab). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48.41 Lakh. It is led by directors including Suneel Makhni and Vikram Singh Makhni.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 R.B. Duni Chand Road Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.36 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹9.74 Lakh (net margin 1.3%) and EBITDA of ₹74.24 Lakh (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 4% over five years.
The company is associated with 1 brand: Deep Art India. As per MCA filings, the company has open charges of ₹8.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deepartindia.com.
Company details
CIN history
Deep Carpets Manufacturing has one previous CIN (Corporate Identification Number): L17226PB1994PLC014198. The current CIN is U17226PB1994PLC014198, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17226PB1994PLC014198 | Current |
| L17226PB1994PLC014198 | Previous |
Contact details
Deep Carpets Manufacturing Ltd's registered office is in Amritsar, Punjab. Its website is deepartindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5 R.B. Duni Chand Road Amritsar, Punjab, India – 143001
- IndustryHome & Lifestyle, Handicrafts & Artisan Products Manufacturing
To see the full contact details of Deep Carpets Manufacturing Ltd, 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
Brands
Deep Carpets Manufacturing operates one associated brand: Deep Art India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of carpets, textiles, and handicrafts in India. | deepartindia.com |
Business activity
The main business activity of Deep Carpets Manufacturing 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 Deep Carpets Manufacturing Ltd, buy the company report.
Financials of Deep Carpets Manufacturing Ltd
FY 2025 filings availableDeep Carpets Manufacturing Ltd reported revenue of ₹7.36 Cr (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 17% growth in the latest year. EBITDA fell 4% 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 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 | ₹74.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.74 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Deep Carpets Manufacturing Ltd, buy the company report.
Board of directors of Deep Carpets Manufacturing Ltd
Deep Carpets Manufacturing has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suneel Makhni | Director | 04 Feb 1994 | 32 Years 9 Months | Current |
| Vikram Singh Makhni Also directs: Monte Carlo Stars N Bars India Private Limited | Director | 04 Feb 1994 | 32 Years 9 Months | Current |
| Virand Makhni Also directs: Monte Carlo Stars N Bars India Private Limited | Director | 10 Feb 2015 | 11 Years 8 Months | Current |
| Sona Makhni | Director | 04 Feb 1994 | 32 Years 9 Months | Current |
Auditor
Deep Carpets Manufacturing Ltd is audited by KAN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAN & ASSOCIATES | FY 2022 | 024870N |
Shareholding
The shareholding of Deep Carpets Manufacturing Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Deep Carpets Manufacturing Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2021 | 100526727 | Canara Bank | ₹29 Lakh | Open | |
| 15 Jul 2021 | 100470170 | Canara Bank | ₹42.5 Lakh | Open | |
| 18 Jun 2021 | 100487864 | Canara Bank | ₹31.2 Lakh | Open | |
| 29 Sep 2020 | 100389457 | Canara Bank | ₹64 Lakh | Open | |
| 11 Dec 2014 | 10548170 | Canara Bank | ₹3.41 Lakh | Open |
To see the full charge records of Deep Carpets Manufacturing Ltd, buy the company report.
Total charge records: 13 View all charges
Legal cases
No court or tribunal cases involving Deep Carpets Manufacturing Ltd 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
Deep Carpets Manufacturing Ltd has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Deep Carpets Manufacturing Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Deep Carpets Manufacturing has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACD5624J1ZY | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Deep Carpets Manufacturing Ltd, buy the company report.
Recent activity
Deep Carpets Manufacturing Ltd has 7 board changes on record since 1994: 4 appointments and 3 cessations. The latest: Kanika Makhni ceased to be Director on 10 Feb 2015.
12 earlier events are in the company report.
Frequently asked questions
Deep Carpets Manufacturing is an active public limited company based in Amritsar, Punjab, India. The company works in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 04 February 1994 (32+ years old) and is registered under CIN U17226PB1994PLC014198.
Deep Carpets Manufacturing has 4 current directors:
- Suneel Makhni - Director
- Vikram Singh Makhni - Director
- Virand Makhni - Director
- Sona Makhni - Director
The latest financial statements of Deep Carpets Manufacturing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Deep Carpets Manufacturing is 03AAACD5624J1ZY, registered in Punjab. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Deep Carpets Manufacturing is U17226PB1994PLC014198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deep Carpets Manufacturing was incorporated on 04 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
Kanika Makhni ceased to be Director on 10 Feb 2015. Sargun Makhni ceased to be Director on 10 Feb 2015. Virand Makhni was appointed as Director on 10 Feb 2015. Deep Carpets Manufacturing has 7 board changes on record in total.
Deep Carpets Manufacturing has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 04 Jun 2019.
Deep Carpets Manufacturing can be reached through the website deepartindia.com. Its registered office is in Amritsar, Punjab, India.
The registered office of Deep Carpets Manufacturing is at 5 R.B. Duni Chand Road Amritsar, Punjab, India – 143001.
Deep Carpets Manufacturing operates in the home and lifestyle industry, in the handicrafts and artisan products manufacturing segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
