Desiadda Craftsworks LLP
About Desiadda Craftsworks LLP
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Desiadda Craftsworks LLP is a limited liability partnership (LLP) based in Mysore, Karnataka, India. It operates in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 06 March 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAI-7533. Its GSTIN is 29AANFD3672L1ZT (Karnataka).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Dhananjaya Sudhanva and Adarsh Ramesh.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at No. 288/1 Lakshmi Villas Road Devaraja Mohalla, Mysore, Karnataka, India – 570024.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹1.42 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹27.24 Lakh (net margin -19.1%) and EBITDA of -₹22.45 Lakh (EBITDA margin -15.8%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 19% over five years.
The LLP has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹25 Lakh on record.
Company details
Contact details
Desiadda Craftsworks LLP's registered office is in Mysore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 288/1 Lakshmi Villas Road Devaraja Mohalla, Mysore, Karnataka, India – 570024
- IndustryHome & Lifestyle, Handicrafts & Artisan Products Manufacturing
To see the full contact details of Desiadda Craftsworks LLP, 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 Desiadda Craftsworks LLP
FY 2024 filings availableDesiadda Craftsworks LLP reported revenue of ₹1.42 Cr (down 18% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹1.42 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | -₹27.24 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
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| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | -19.1% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Desiadda Craftsworks LLP, buy the company report.
Designated partners of Desiadda Craftsworks LLP
Desiadda Craftsworks has 3 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhananjaya Sudhanva | Designated Partner | 21 Nov 2024 | 1 Years 11 Months | Current |
| Adarsh Ramesh Also directs: Desiadda Online Services Private Limited | Designated Partner | 06 Mar 2017 | 9 Years 8 Months | Current |
| Shrinkhala Kushwaha | Designated Partner | 16 Aug 2019 | 7 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2024 | 101009611 | Hdfc Bank Limited | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Desiadda Craftsworks LLP 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 Desiadda Craftsworks LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Desiadda Craftsworks LLP has a workforce of 33 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 33 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Desiadda Craftsworks LLP, buy the company report.
GST
Desiadda Craftsworks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANFD3672L1ZT | Karnataka | Active | 07 Jul 2017 |
To see the full GST registrations and return filing status of Desiadda Craftsworks LLP, buy the company report.
Recent activity
Desiadda Craftsworks LLP has 5 designated partner changes on record since 2017: 3 appointments and 2 cessations. The latest: Dhananjaya Sudhanva was appointed as Designated Partner on 21 Nov 2024.
Frequently asked questions
Desiadda Craftsworks is an active limited liability partnership based in Mysore, Karnataka, India. The LLP works in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 06 March 2017 (9+ years old) and is registered under LLPIN AAI-7533.
Desiadda Craftsworks has 3 current designated partners:
- Dhananjaya Sudhanva - Designated Partner
- Adarsh Ramesh - Designated Partner
- Shrinkhala Kushwaha - Designated Partner
The latest financial statements of Desiadda Craftsworks on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Desiadda Craftsworks is 29AANFD3672L1ZT, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Desiadda Craftsworks is AAI-7533. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Desiadda Craftsworks was incorporated on 06 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Dhananjaya Sudhanva was appointed as Designated Partner on 21 Nov 2024. Dhananjaya Sudhanva ceased to be Designated Partner on 21 Nov 2024. Shrinkhala Kushwaha was appointed as Designated Partner on 16 Aug 2019. Desiadda Craftsworks has 5 designated partner changes on record in total.
The registered office of Desiadda Craftsworks is at No. 2881 Lakshmi Villas Road Devaraja Mohalla, Mysore, Karnataka, India – 570024.
Desiadda Craftsworks operates in the home and lifestyle industry, in the handicrafts and artisan products manufacturing segment.
Desiadda Craftsworks has open charges of ₹25 Lakh and no satisfied charges on record as per latest MCA filings.
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