Ethnic Silks Private Limited
About Ethnic Silks Private Limited
Data last updated:
Ethnic Silks Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 20 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC064606. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Ramesh Kumar Bangur and Pradyumna Bangur.
Its last annual general meeting (AGM) was held on 08 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 644 Pocket – C Ifc Gazipur, New Delhi, Delhi, India – 110096.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.66 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Lakh (net margin 5.1%) and EBITDA of ₹18.04 Lakh (EBITDA margin 60.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹60.81 Cr and satisfied charges of ₹8.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ethnic Silks Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address644 Pocket – C Ifc Gazipur, New Delhi, Delhi, India – 110096
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Ethnic Silks 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 Ethnic Silks is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Ethnic Silks Private Limited, buy the company report.
Financials of Ethnic Silks Private Limited
FY 2024 filings availableEthnic Silks Private Limited reported revenue of ₹29.66 Lakh (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 29% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹18.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.51 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.8% | ||||
| Net Profit Margin | 5.1% | ||||
| 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 Ethnic Silks Private Limited, buy the company report.
Board of directors of Ethnic Silks Private Limited
Ethnic Silks has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Bangur Also directs: Rajyavardhan Vanijya Pvt Ltd, Mani Packaging Pvt Ltd, Swastik Global Papers Pvt Ltd and 1 more | Director | 09 Jun 1998 | 28 Years 4 Months | Current |
| Pradyumna Bangur Also directs: Rajyavardhan Vanijya Pvt Ltd, Mani Packaging Pvt Ltd, Swastik Global Papers Pvt Ltd and 2 more | Director | 12 Jul 2014 | 12 Years 3 Months | Current |
Peer comparison
Ethnic Silks Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Himalayan Sales (India) Private Limited | ₹29.73 Lakh (FY 2025) | 697.0% | Delhi, India | |||
| Priyanka Products Pvt Ltd | ₹29.72 Lakh (FY 2025) | -14.0% | Uttar Dinajpur, West Bengal, India | |||
| Maveltec Solutions Private Limited | ₹29.69 Lakh (FY 2025) | 4.0% | Delhi, India | |||
| Softlife Technologies Private Limited | ₹29.69 Lakh (FY 2025) | -83.0% | New Delhi, Delhi, India | |||
| Hi-Secure Energies Private Limited | ₹29.66 Lakh (FY 2025) | -40.0% | Ajmer, Rajasthan, India | |||
| Ethnic Silks Private Limitedthis company | ₹29.66 Lakh (FY 2025) | ₹1.51 Lakh | 5.1% | -25.0% | New Delhi, Delhi, India | |
| Abpu Private Limited | ₹29.62 Lakh (FY 2025) | 473.0% | Bangalore, Karnataka, India | |||
| Bhoomi Corporate Services Private Limited | ₹29.59 Lakh (FY 2025) | 91.0% | Mumbai, Maharashtra, India | |||
| Adiabatic Cool Craft Private Limited | ₹29.58 Lakh (FY 2025) | 84.0% | Kolkata, West Bengal, India | |||
| Mamtalok Sons Buildmart Private Limited | ₹29.58 Lakh (FY 2025) | -19.0% | Varanasi, Uttar Pradesh, India | |||
| Simplecloud Solutions Private Limited | ₹29.5 Lakh (FY 2023) | 31.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Ethnic Silks Private Limited, buy the company report.
Auditor
Ethnic Silks Private Limited is audited by JITENDER & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JITENDER & ASSOCIATES | FY 2023 | 082708 |
Shareholding
The shareholding of Ethnic Silks Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ethnic Silks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2025 | 101129616 | Others | ₹5 Cr | Open | |
| 08 Nov 2023 | 100830471 | Others | ₹1.8 Cr | Open | |
| 05 Aug 2022 | 100667473 | Others | ₹78.57 Lakh | Open | |
| 05 Aug 2022 | 100667472 | Others | ₹1.03 Cr | Open | |
| 02 Aug 2022 | 100667554 | Others | ₹18.75 Cr | Open |
To see the full charge records of Ethnic Silks Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
No court or tribunal cases involving Ethnic Silks 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 Ethnic Silks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ethnic Silks has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ethnic Silks Private Limited, buy the company report.
Recent activity
Ethnic Silks Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Sudarshan Bangur ceased to be Director on 04 Aug 2014.
10 earlier events are in the company report.
Frequently asked questions
Ethnic Silks is an active private limited company based in New Delhi, Delhi, India. The company works in retailers, within the trading industry. It was incorporated on 20 January 1995 (31+ years old) and is registered under CIN U74899DL1995PTC064606.
Ethnic Silks has 2 current directors:
- Ramesh Kumar Bangur - Director
- Pradyumna Bangur - Director
The latest financial statements of Ethnic Silks on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 08 October 2024. Year-wise statements from 2015 are in the company report.
No. Ethnic Silks has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ethnic Silks is U74899DL1995PTC064606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethnic Silks was incorporated on 20 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ethnic Silks by revenue are Himalayan Sales (India) Private Limited, Priyanka Products Pvt Ltd, Maveltec Solutions Private Limited, Softlife Technologies Private Limited, Hi-Secure Energies Private Limited and 5 more, all in the same principal business activity (retail trade, except of motor vehicles and motorcycles).
Sudarshan Bangur ceased to be Director on 04 Aug 2014. Pradyumna Bangur was appointed as Director on 12 Jul 2014. Ajay Bangur ceased to be Director on 11 Dec 2013. Ethnic Silks has 4 board changes on record in total.
The registered office of Ethnic Silks is at 644 Pocket – C Ifc Gazipur, New Delhi, Delhi, India – 110096.
Ethnic Silks operates in the trading industry, in the retailers segment.
Ethnic Silks has open charges of ₹60.81 Cr and satisfied charges of ₹8.7 Cr as per latest MCA filings.