Destuo Private Limited
About Destuo Private Limited
Data last updated:
Destuo Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 22 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC127283.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.14 Lakh. It is led by directors Padmaja Balija Nagaraja and Varun Shivakumar Kumar Kempanadodderi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.39 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹56.07 Lakh (net margin -40.4%) and EBITDA of -₹41.48 Lakh (EBITDA margin -29.9%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.062 G R C Brundavan Apartment Mysore Road Iti Layout Nayandahalli Opp. Gopalan Arcad, E, Bangalore, Karnataka, India – 560039
- IndustryFashion and Textile, Fashion Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Destuo Private Limited
The main business activity of Destuo is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Destuo Private Limited FY 2024 filings available
Destuo Private Limited reported revenue of ₹1.39 Cr (down 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Destuo Private Limited
Revenue fell 50% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 87%. 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 of Destuo Private Limited
| 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 | -₹41.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹56.07 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 of Destuo Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -40.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Destuo are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Destuo Private Limited
Destuo Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alviraj Consultancy Private Limited | ₹1.39 Cr (FY 2025) | •••• | •••• | 249.0% | •••• | Ernakulam, Kerala, India |
| The Bombay Commodity Association Limited | ₹1.39 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Mumbai, Maharashtra, India |
| Virtuous Compliances Private Limited | ₹1.39 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Pune, Maharashtra, India |
| Merry Tails Pet Solutions Private Limited | ₹1.39 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| Zekko Power Private Limited | ₹1.39 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Omalur, Tamil Nadu, India |
| Destuo Private Limited this company | ₹1.39 Cr (FY 2024) | •••• | •••• | -50.0% | •••• | Bangalore, Karnataka, India |
| Sta Metal Inspection India Private Limited | ₹1.39 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Kolkata, West Bengal, India |
| Yugpath Business Solutions (OPC) Private Limited | ₹1.39 Cr (FY 2025) | •••• | •••• | •••• | Aurangabad, Maharashtra, India | |
| Manoj Interiors Private Limited | ₹1.39 Cr (FY 2018) | •••• | •••• | -54.0% | •••• | Hyderabad, Telangana, India |
| Smartoffice Interior Solutions Private Limited | ₹1.39 Cr (FY 2024) | •••• | •••• | 79.0% | •••• | Bangalore, Karnataka, India |
| Chariton Research Institute Private Limited | ₹1.39 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Destuo by revenue in the Apparel industry (Apparel Retail and Distribution, Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Destuo Private Limited
Destuo has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmaja Balija Nagaraja | Director | 22 Aug 2019 | 7 Years 1 Months | Current |
| Varun Shivakumar Kumar Kempanadodderi | Director | 14 Sep 2022 | 4 Years 0 Months | Current |
Charges & Borrowings of Destuo Private Limited
Destuo Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Destuo Private Limited
Destuo Private Limited has 1 court case on record: 1 filed by Destuo. All case is pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Destuo Private Limited
Employment history and EPFO contributions of people linked to Destuo.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Destuo Private Limited
Destuo Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Anoob Madhu Lathika ceased to be Director on 21 Oct 2024.
Credit Ratings, Litigation & Regulatory Alerts for Destuo Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Destuo Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Destuo Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Destuo Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Destuo Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Destuo Private Limited
Destuo is an active private limited company based in Bangalore, Karnataka, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 22 August 2019 (7+ years old) and is registered under CIN U72900KA2019PTC127283.
Destuo reported revenue of ₹1.39 Cr for FY 2024 (down 50% YoY).
Destuo has 2 current directors:
- Padmaja Balija Nagaraja - Director
- Varun Shivakumar Kumar Kempanadodderi - Director
Destuo reported a net loss of ₹56.07 Lakh (net margin -40.4%) and EBITDA of -₹41.48 Lakh (EBITDA margin -29.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Destuo is 87% over three years. In the latest year (FY 2024) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Destuo is U72900KA2019PTC127283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Destuo has 1 court case on record: 1 filed by the company. 1 is pending.
Destuo was incorporated on 22 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Destuo by revenue are Alviraj Consultancy Private Limited, The Bombay Commodity Association Limited, Virtuous Compliances Private Limited, Merry Tails Pet Solutions Private Limited, Zekko Power Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution, Professional Services).
Anoob Madhu Lathika ceased to be Director on 21 Oct 2024. Varun Shivakumar Kumar Kempanadodderi was appointed as Director on 14 Sep 2022. Padmaja Balija Nagaraja was appointed as Director on 22 Aug 2019.
Yes, Destuo is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).