About Indus Tree Crafts Limited
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Indus Tree Crafts Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 23 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U20296KA1994PLC016824. Its GSTIN is 29AAACI2963D1ZO (Karnataka). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹13.6 Cr and a paid-up capital of ₹12.89 Cr. It was formerly known as Indus Tree Crafts Private Limited. It is led by directors including Ravikant Narayan Anwekar (Director/Designated Partner) and Neelam Chhiber.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.22 Sankey Road High Grounds, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.93 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹2.02 Cr (net margin -104.8%) and EBITDA of ₹76.58 Lakh (EBITDA margin 39.7%).
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Mother Earth. As per MCA filings, the company has open charges of ₹1.45 Cr and satisfied charges of ₹12.12 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 15 deals on record (8 funding rounds, 5 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹28.88 Cr; the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website motherearth.co.in.
Company details
CIN history
Indus Tree Crafts has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U20296KA1994PLC016824, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20296KA1994PLC016824 | Current |
| U05190KA1994PTC016824 | Previous |
| U20296KA1994PTC016824 | Previous |
Contact details
Indus Tree Crafts Limited's registered office is in Bangalore, Karnataka. Its website is motherearth.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.22 Sankey Road High Grounds, Bangalore, Karnataka, India – 560020
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Indus Tree Crafts 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
Brands
Indus Tree Crafts operates one associated brand: Mother Earth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Handcrafted home goods and apparel are retailed and distributed. | motherearth.co.in |
Business activity
The main business activities of Indus Tree Crafts are manufacturing and financial and insurance service. In detail, this covers textile, leather and other apparel products and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Indus Tree Crafts Limited, buy the company report.
Financials of Indus Tree Crafts Limited
FY 2021 filings availableIndus Tree Crafts Limited reported revenue of ₹1.93 Cr (up 19% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year. EBITDA rose 121% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.93 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹76.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.02 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.7% | ||||
| Net Profit Margin | -104.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Indus Tree Crafts Limited, buy the company report.
Board of directors of Indus Tree Crafts Limited
Indus Tree Crafts has 7 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayan Jyoti Dutta | Additional Director | 24 Nov 2023 | 2 Years 11 Months | Current |
| Mervin Xavier Joseph | Additional Director | 22 Sep 2022 | 4 Years 1 Months | Current |
| Ramachandran Kajendran Also directs: Indus Tree Producer Transform Limited | Additional Director | 22 Sep 2022 | 4 Years 1 Months | Current |
| Ravikant Narayan Anwekar | Director/Designated Partner | 15 Feb 2023 | 3 Years 8 Months | Current |
| Neelam Chhiber Also directs: Prestige Estates Projects Limited, Prestige Projects Private Limited, Flourish Planet Private Limited and 3 more | Director | 27 Jun 2008 | 18 Years 4 Months | Current |
| Bhuchandrappa Nanjappa | 13 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Indus Tree Crafts Limited is audited by Singhi & Co. for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co. | FY 2020 | 302049E |
Shareholding
The shareholding of Indus Tree Crafts 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 Indus Tree Crafts Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2013 | 10414582 | Export-Import Bank of India | ₹1 Cr | Open | |
| 26 Mar 2013 | 10414584 | Others | ₹45 Lakh | Open | |
| 15 Mar 2010 | 10217682 | Yes Bank Limited | ₹6 Cr | Satisfied | |
| 15 Mar 2010 | 10218707 | Yes Bank Limited | ₹3 Cr | Satisfied | |
| 17 Apr 2009 | 10152892 | Maanaveeya Holdings & Investments Private Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Indus Tree Crafts Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Indus Tree Crafts Limited has 15 deals on record (8 funding rounds, 5 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹28.88 Cr; the latest was in March 2018.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: FLFL Lifestyle Brands Limited Seller: Future Lifestyle Fashions Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Future Lifestyle Fashions Limited Seller: Future Consumer Limited |
| Dec 2013 | Funding round | ₹10.98 Cr | Investors: GBI Master Fund I L.P., Future Lifestyle Fashions Limited |
| Sep 2011 | Funding round | ₹5.37 Cr | Investors: Future Consumer Limited |
| Mar 2010 | Funding round | ₹3 Cr | Investors: Future Consumer Limited |
To see the full deal history of Indus Tree Crafts Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indus Tree Crafts Limited has 2 court cases on record: 2 filed by Indus Tree Crafts. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Maveric Holdings & Investments Pvt Ltd | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed by the company against Maveric Holdings & Investments Private Limited and 1 other | Disposed |
To see the full case history of Indus Tree Crafts 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 Indus Tree Crafts Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indus Tree Crafts has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indus Tree Producer Transform Limited | U74900KA2010PLC054502 |
To see the full group structure of Indus Tree Crafts Limited, buy the company report.
GST
Indus Tree Crafts has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI2963D1ZO | Karnataka | Active | 01 Jul 2017 |
| 27AAACI2963D1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indus Tree Crafts Limited, buy the company report.
Recent activity
Indus Tree Crafts Limited has 21 board changes on record since 2008: 9 appointments and 12 cessations. The latest: Ayan Jyoti Dutta was appointed as Additional Director on 24 Nov 2023.
37 earlier events are in the company report.
News
Frequently asked questions
Indus Tree Crafts is an active public limited company based in Bangalore, Karnataka, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 23 December 1994 (32+ years old) and is registered under CIN U20296KA1994PLC016824.
Indus Tree Crafts has 7 current directors:
- Ayan Jyoti Dutta - Additional Director
- Mervin Xavier Joseph - Additional Director
- Ramachandran Kajendran - Additional Director
- Ravikant Narayan Anwekar - Director/Designated Partner
- Neelam Chhiber - Director
- Bhuchandrappa Nanjappa - Director
- Ravikant Anwekar - Director
The latest financial statements of Indus Tree Crafts on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Indus Tree Crafts is 29AAACI2963D1ZO, registered in Karnataka. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAACI2963D1ZS (Maharashtra).
The CIN (Corporate Identification Number) of Indus Tree Crafts is U20296KA1994PLC016824. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indus Tree Crafts has 2 court cases on record: 2 filed by the company.
Indus Tree Crafts was incorporated on 23 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Indus Tree Crafts has 15 deals on record (8 funding rounds, 5 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹28.88 Cr; the latest was in March 2018.
Ayan Jyoti Dutta was appointed as Additional Director on 24 Nov 2023. Neelam Chhiber was appointed as Director/Designated Partner on 13 Mar 2023. Ravikant Narayan Anwekar was appointed as Director/Designated Partner on 15 Feb 2023. Indus Tree Crafts has 21 board changes on record in total.
Indus Tree Crafts can be reached through the website motherearth.co.in. Its registered office is in Bangalore, Karnataka, India.
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