Kasturi Textiles Private Limited
About Kasturi Textiles Private Limited
Data last updated:
Kasturi Textiles Private Limited was a private limited company based in Dombivli, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 13 May 1986.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1986PTC039812. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2.15 Lakh and a paid-up capital of ₹2.12 Lakh. It was led by directors including Vishwas Vidyadhar Apte and Sanjay Vinayak Kurhade.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at A102 Mahaganga Chs Tilak Road Dombivli (East), Maharashtra, India – 421201.
As per the financials filed for FY 2023, the company reported a revenue of ₹59,670, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹15,320 (net margin -25.7%) and EBITDA of -₹14,558 (EBITDA margin -24.4%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 64% over five years.
As per MCA filings, the company had satisfied charges of ₹39.58 Lakh on record.
Company details
Contact details
Kasturi Textiles Private Limited's registered office is in Dombivli, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA102 Mahaganga Chs Tilak Road Dombivli (East), Maharashtra, India – 421201
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Kasturi Textiles 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
Financials of Kasturi Textiles Private Limited
FY 2023 filings availableKasturi Textiles Private Limited reported revenue of ₹59,670 (down 72% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 72% fall in the latest year. EBITDA fell 112% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹14,558 | ||||
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| Net Profit (PAT) | -₹15,320 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.4% | ||||
| Net Profit Margin | -25.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kasturi Textiles Private Limited, buy the company report.
Board of directors of Kasturi Textiles Private Limited
Kasturi Textiles has 8 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwas Vidyadhar Apte | Director | 14 Jun 2007 | 19 Years 4 Months | As last reported |
| Sanjay Vinayak Kurhade Also directs: Dewas Conductors Private Limited, Bigul Agro Foods Private Limited | Director | 09 Sep 1986 | 40 Years 1 Months | As last reported |
| Sudhir Madhusudan Bhagwat | Director | 01 Apr 1994 | 32 Years 7 Months | As last reported |
| Satish Govind Tamhankar | Director | 13 May 1986 | 40 Years 5 Months | As last reported |
| Rajiv Shantaram Patki | Director | 09 Sep 1986 | 40 Years 1 Months | As last reported |
| Mangesh Vishnu Kulkarni Also directs: Gajanan Stone Krusher Infra India Private Limited | Director | 13 May 1986 | 40 Years 5 Months | As last reported |
Peer comparison
Kasturi Textiles Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RTC Fab Private Limited | ₹60,000 (FY 2025) | -68.0% | Delhi, India | |||
| Kasturi Textiles Private Limitedthis company | ₹59,670 (FY 2023) | -₹15,320 | -25.7% | -72.0% | Dombivli, Maharashtra, India | |
| Utkarsh Vanijya Private Limited | ₹59,600 (FY 2025) | 1.0% | Howrah, West Bengal, India | |||
| Bigphi Technologies Private Limited | ₹59,370 (FY 2022) | -100.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Kasturi Textiles Private Limited, buy the company report.
Auditor
Kasturi Textiles Private Limited is audited by U M KARVE & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U M KARVE & CO | FY 2017 | 104888W |
Shareholding
The shareholding of Kasturi Textiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kasturi Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2001 | 90149815 | Dombivli Nagari Sahakari Bank Ltd. | ₹19.73 Lakh | Satisfied | |
| 10 Aug 2000 | 90150809 | Dombivli Nagari Sahakari Bank Limited | ₹5 Lakh | Satisfied | |
| 15 Feb 2000 | 90150768 | Dombivli Nagari Sahakari Bank Ltd. | ₹2.6 Lakh | Satisfied | |
| 24 Sep 1999 | 90150708 | Dombivi Nagari Sahakari Bank Ltd. | ₹5 Lakh | Satisfied | |
| 13 Oct 1996 | 90150415 | Dombivi Nagari Sahakari Bank Ltd. | ₹2 Lakh | Satisfied |
To see the full charge records of Kasturi Textiles Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Kasturi Textiles 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 Kasturi Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kasturi Textiles 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 Kasturi Textiles Private Limited, buy the company report.
Recent activity
Kasturi Textiles Private Limited has 8 board changes on record since 1986: 8 appointments. The latest: Vishwas Vidyadhar Apte was appointed as Director on 14 Jun 2007.
12 earlier events are in the company report.
Frequently asked questions
Kasturi Textiles has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Kasturi Textiles was a private limited company based in Dombivli, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 13 May 1986 and is registered under CIN U99999MH1986PTC039812. The company has been struck off by the Registrar of Companies and is no longer operational.
Kasturi Textiles had 8 directors:
- Vishwas Vidyadhar Apte - Director
- Sanjay Vinayak Kurhade - Director
- Sudhir Madhusudan Bhagwat - Director
- Satish Govind Tamhankar - Director
- Rajiv Shantaram Patki - Director
- Mangesh Vishnu Kulkarni - Director
- Ravindra Ganesh Kulkarni - Director
- Padmanabha Shrikrishna Gokhale - Director
The CIN (Corporate Identification Number) of Kasturi Textiles is U99999MH1986PTC039812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kasturi Textiles is at A102 Mahaganga Chs Tilak Road Dombivli East, Maharashtra, India – 421201.
Kasturi Textiles was incorporated on 13 May 1986. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Kasturi Textiles on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Kasturi Textiles has 1 GST registration on record and it is cancelled or inactive.
Kasturi Textiles operated in the home and lifestyle industry, in the textile retail and distribution segment. It worked in this industry before it was struck off.
The peers of Kasturi Textiles by revenue are RTC Fab Private Limited, Utkarsh Vanijya Private Limited, Bigphi Technologies Private Limited, all in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (retail trading).
Vishwas Vidyadhar Apte was appointed as Director on 14 Jun 2007. Sudhir Madhusudan Bhagwat was appointed as Director on 01 Apr 1994. Padmanabha Shrikrishna Gokhale was appointed as Director on 09 Sep 1986. Kasturi Textiles has 8 board changes on record in total.
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