Kasuthi Garments Private Limited
About Kasuthi Garments Private Limited
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Kasuthi Garments Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 November 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA1993PTC014870. Its GSTIN is 29AAACK8509M1Z1 (Karnataka).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹67 Lakh. It is led by directors including Gayathri Bhatt (Managing Director) and Ramesh Bhatt.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 1888 9th Main Road Banashankari II Stage Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.9 Lakh, a growth of 46% compared to the previous year. For the same year it recorded a net loss of ₹95,151 (net margin -1.9%) and EBITDA of ₹21,149 (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
As per MCA filings, the company has satisfied charges of ₹30 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kasuthi Garments Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 1888 9th Main Road Banashankari II Stage Bangalore, Karnataka, India – 560070
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kasuthi 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 Kasuthi Garments is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Kasuthi Garments Private Limited, buy the company report.
Financials of Kasuthi Garments Private Limited
FY 2025 filings availableKasuthi Garments Private Limited reported revenue of ₹48.9 Lakh (up 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 46% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 108% 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 | ₹21,149 | ||||
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| Net Profit (PAT) | -₹95,151 | ||||
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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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| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | -1.9% | ||||
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To see the full financial statements and ratios of Kasuthi Garments Private Limited, buy the company report.
Board of directors of Kasuthi Garments Private Limited
Kasuthi Garments has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gayathri Bhatt | Managing Director | 02 Nov 1993 | 32 Years 11 Months | Current |
| Ramesh Bhatt | Director | 02 Nov 1993 | 32 Years 11 Months | Current |
| Ramesh Dilip | Director | 01 Nov 1996 | 29 Years 11 Months | Current |
Auditor
Kasuthi Garments Private Limited is audited by B. S. VENKATESH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. S. VENKATESH | FY 2017 |
Shareholding
The shareholding of Kasuthi Garments 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 Kasuthi Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 1998 | 80056222 | State Bank of India | ₹30 Lakh | Satisfied |
To see the full charge records of Kasuthi Garments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Kasuthi Garments 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 Kasuthi Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kasuthi Garments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACK8509M1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kasuthi Garments Private Limited, buy the company report.
Recent activity
Kasuthi Garments Private Limited has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Gayathri Bhatt ceased to be Director on 14 Dec 2016.
Frequently asked questions
Kasuthi Garments is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 November 1993 (33+ years old) and is registered under CIN U18101KA1993PTC014870.
Kasuthi Garments has 3 current directors:
- Gayathri Bhatt - Managing Director
- Ramesh Bhatt - Director
- Ramesh Dilip - Director
The latest financial statements of Kasuthi Garments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kasuthi Garments is 29AAACK8509M1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Kasuthi Garments is U18101KA1993PTC014870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kasuthi Garments was incorporated on 02 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
Gayathri Bhatt ceased to be Director on 14 Dec 2016. Ramesh Bhatt ceased to be Managing Director on 14 Dec 2016. Ramesh Dilip was appointed as Director on 01 Nov 1996. Kasuthi Garments has 5 board changes on record in total.
The registered office of Kasuthi Garments is at No. 1888 9th Main Road Banashankari II Stage Bangalore, Karnataka, India – 560070.
Kasuthi Garments operates in the manufacturing industry, in the textile and fabric production segment.
Kasuthi Garments has no open charges and satisfied charges of ₹30 Lakh as per latest MCA filings.