Husklite Panels Private Limited
About Husklite Panels Private Limited
Data last updated:
Husklite Panels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 12 December 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U21016KA1983PTC005739. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ritu Nangia and Krishna Murthy Munusamyu.
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 21st Km. Old Madras Road Virgonagar Post, Bangalore, Karnataka, India – 560049.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.56 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹1.11 Lakh (net margin -16.9%) and EBITDA of ₹93,750 (EBITDA margin 14.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹1 Lakh on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Husklite Panels Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address21st Km. Old Madras Road Virgonagar Post, Bangalore, Karnataka, India – 560049
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Husklite Panels 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 Husklite Panels is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Husklite Panels Private Limited, buy the company report.
Financials of Husklite Panels Private Limited
FY 2025 filings availableHusklite Panels Private Limited reported revenue of ₹6.56 Lakh (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 14% fall in the latest year. EBITDA fell 34% 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 |
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| EBITDA | ₹93,750 | ||||
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| Net Profit (PAT) | -₹1.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | -16.9% | ||||
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To see the full financial statements and ratios of Husklite Panels Private Limited, buy the company report.
Board of directors of Husklite Panels Private Limited
Husklite Panels has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritu Nangia | Director | 15 Jun 2011 | 15 Years 4 Months | Current |
| Krishna Murthy Munusamyu | Director | 11 Feb 2008 | 18 Years 8 Months | Current |
Auditor
Husklite Panels Private Limited is audited by GIRISH K BHAT for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRISH K BHAT | FY 2021 | 215146 |
Shareholding
The shareholding of Husklite Panels Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Husklite Panels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 1987 | 90193265 | Indian Overseas Bank | ₹1 Lakh | Open |
To see the full charge records of Husklite Panels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Husklite Panels Private Limited has 8 court cases on record: 4 filed by Husklite Panels, 4 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 1 |
| High courts | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Execution petition | Filed by the company against an individual | Pending |
| High Court of Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU RURAL, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (R.A.) | Filed against the company by individuals | Disposed |
To see the full case history of Husklite Panels 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Husklite Panels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Husklite Panels 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 Husklite Panels Private Limited, buy the company report.
Recent activity
Husklite Panels Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Kochuzhathil Thomas Mathew ceased to be Managing Director on 30 Mar 2014.
Frequently asked questions
Husklite Panels is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 12 December 1983 (43+ years old) and is registered under CIN U21016KA1983PTC005739.
Husklite Panels has 2 current directors:
- Ritu Nangia - Director
- Krishna Murthy Munusamyu - Director
The latest financial statements of Husklite Panels 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.
No. Husklite Panels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Husklite Panels is U21016KA1983PTC005739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Husklite Panels has 8 court cases on record: 4 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Husklite Panels was incorporated on 12 December 1983, making it 43+ years old. It is registered with the Registrar of Companies, Bangalore.
Kochuzhathil Thomas Mathew ceased to be Managing Director on 30 Mar 2014. Ritu Nangia was appointed as Director on 15 Jun 2011. Ritu Nangia ceased to be Additional Director on 15 Jun 2011. Husklite Panels has 7 board changes on record in total.
The registered office of Husklite Panels is at 21st Km. Old Madras Road Virgonagar Post, Bangalore, Karnataka, India – 560049.
Husklite Panels operates in the financial services industry, in the real estate financing segment.