About Flair Garments Private Limited
Data last updated:
Flair Garments Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2003PTC032281. Its GSTIN is 29AAACF7385A1ZN (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹60 Lakh. It is led by directors Ramakrishnan and Shreenivasan Mohanasree.
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 Sy No 65 – 71&183 Thandya Industrial Area Thandavapura Nanjangud, Mysore, Karnataka, India – 571302.
As per the financials filed for FY 2025, the company reported a revenue of ₹12,340, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.19 Lakh and EBITDA of -₹1.19 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 95% over three years and 59% over five years.
The company has about 138 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹62.23 Cr and satisfied charges of ₹73.4 Cr on record. Court records list 16 cases involving the company, including 16 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website fairnflair.com.
Company details
Contact details
Flair Garments Private Limited's registered office is in Mysore, Karnataka. Its website is fairnflair.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSy No 65 – 71&183 Thandya Industrial Area Thandavapura Nanjangud, Mysore, Karnataka, India – 571302
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Flair 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 Flair Garments is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Flair Garments Private Limited, buy the company report.
Financials of Flair Garments Private Limited
FY 2025 filings availableFlair Garments Private Limited reported revenue of ₹12,340 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over five years. EBITDA rose 99% 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 | -₹1.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.19 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 | |||||
| Net Profit Margin | |||||
| 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 Flair Garments Private Limited, buy the company report.
Board of directors of Flair Garments Private Limited
Flair Garments has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishnan | Director | 14 Oct 2017 | 9 Years 0 Months | Current |
| Shreenivasan Mohanasree | Director | 17 Jul 2003 | 23 Years 3 Months | Current |
Shareholding
The shareholding of Flair Garments Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Flair Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2016 | 100024283 | Others | ₹13.1 Lakh | Open | |
| 13 Mar 2014 | 10512282 | Dhanlaxmi Bank Limited | ₹62.1 Cr | Open | |
| 20 May 2013 | 10428312 | City Union Bank Limited | ₹2.5 Cr | Satisfied | |
| 20 May 2013 | 10431644 | City Union Bank Limited | ₹1 Cr | Satisfied | |
| 11 Jun 2012 | 10364228 | City Union Bank Limited | ₹65 Lakh | Satisfied |
To see the full charge records of Flair Garments Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Flair Garments Private Limited has 16 court cases on record: 16 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 2 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Court case (COS) | Filed against the company by M/S.Snrm Marketing India Private Limited Rep.By Its Manager and Power of Attorney M.Chandrasekaran | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| District court, MYSURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, MYSURU, Karnataka | Execution petition | Filed against the company by an individual | Pending |
| District court, Tiruppur, Tamil Nadu | Court case (COS) | Filed against the company by M/S.S K Chemicals Rep by Prop. Ganeshamadavan | Disposed |
To see the full case history of Flair 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.
Credit ratings & regulatory alerts
Flair Garments Private Limited was last rated by Indiarating on 24 May 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 24 May 2018 |
To see the full credit ratings and regulatory alerts of Flair Garments Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Flair Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Flair Garments has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF7385A1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flair Garments Private Limited, buy the company report.
Recent activity
Flair Garments Private Limited has 6 board changes on record since 2003: 2 appointments and 4 cessations. The latest: Ramakrishnan ceased to be Additional Director on 24 Mar 2018.
16 earlier events are in the company report.
Frequently asked questions
Flair Garments is an active private limited company based in Mysore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 July 2003 (23+ years old) and is registered under CIN U18101KA2003PTC032281.
Flair Garments has 2 current directors:
- Ramakrishnan - Director
- Shreenivasan Mohanasree - Director
The latest financial statements of Flair Garments 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 Flair Garments is 29AAACF7385A1ZN, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Flair Garments is U18101KA2003PTC032281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flair Garments has 16 court cases on record: 16 filed against it. 3 are pending. Most are in the district courts.
Flair Garments was incorporated on 17 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Ramakrishnan ceased to be Additional Director on 24 Mar 2018. Ramakrishnan was appointed as Director on 14 Oct 2017. Nagarajan Srinivasan ceased to be Managing Director on 11 Oct 2017. Flair Garments has 6 board changes on record in total.
Flair Garments can be reached through the website fairnflair.com. Its registered office is in Mysore, Karnataka, India.
The registered office of Flair Garments is at Sy No 65 – 71&183 Thandya Industrial Area Thandavapura Nanjangud, Mysore, Karnataka, India – 571302.