Kia Textiles Private Limited

Kia Textiles Private Limited - home & lifestyle in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U17120PB2009PTC032973 Incorporated 26 June 2009 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company home and lifestyle
Data last updated
Revenue · FY 2017
₹57.38 Cr
▼ 47% YoY
Net profit · FY 2017
₹2.74 Lakh
Net margin 0%
EBITDA · FY 2017
₹1.02 Cr
EBITDA margin 1.8%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4.5 Cr
Issued & subscribed
Open charges
₹9.75 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

About Kia Textiles Private Limited

Data last updated:

Kia Textiles Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 26 June 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17120PB2009PTC032973. Its GSTIN is 03AADCK7091B1ZW (Punjab).

The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors Jatin Bhatia (Managing Director) and Sharvan Kumar Bhatia.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at B – 19 – 154/1 Tagore Nagar Civil Lines, Ludhiana, Punjab, India – 141001.

As per the financials filed for FY 2017, the company reported a revenue of ₹57.38 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹2.74 Lakh (net margin 0%) and EBITDA of ₹1.02 Cr (EBITDA margin 1.8%).

As per MCA filings, the company has open charges of ₹9.75 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.49 Cr; the latest was in November 2014. Its 3 peer companies in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 1 larger and 2 smaller; the largest is Hayward Synthetics Pvt Ltd with revenue of ₹57.41 Cr.

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 kiatextiles.com.

Company details

CIN U17120PB2009PTC032973
Registration Number 032973
Incorporation Date 26 June 2009
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant

Contact details

Kia Textiles Private Limited's registered office is in Ludhiana, Punjab. Its website is kiatextiles.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    B – 19 – 154/1 Tagore Nagar Civil Lines, Ludhiana, Punjab, India – 141001
  • Industry
    Home & Lifestyle, Textile Retail & Distribution

To see the full contact details of Kia Textiles Private Limited, buy the company report.

Comprehensive company report
Kia Textiles Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Kia Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Kia Textiles Private Limited, buy the company report.

Financials of Kia Textiles Private Limited

FY 2017 filings available

Kia Textiles Private Limited reported revenue of ₹57.38 Cr (down 47% YoY) for FY 2017.

Revenue · FY 2017
₹57.38 Cr ▼ 47%
Net profit · FY 2017
₹2.74 Lakh margin 0%
EBITDA · FY 2017
₹1.02 Cr margin 1.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 47%
EBITDA CAGR growth
1 year
▼ 38%

Revenue fell 47% in the latest year. EBITDA fell 38% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹57.38 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.02 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.74 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

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin1.8%
Net Profit Margin0%
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 Kia Textiles Private Limited, buy the company report.

Board of directors of Kia Textiles Private Limited

Kia Textiles has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Jatin BhatiaManaging Director26 Jun 200917 Years 3 MonthsCurrent
Sharvan Kumar BhatiaDirector26 Jun 200917 Years 3 MonthsCurrent

Peer comparison

Kia 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 (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hayward Synthetics Pvt Ltd₹57.41 Cr (FY 2024)-11.0%Mumvbai, Maharashtra, India
Kia Textiles Private Limitedthis company₹57.38 Cr (FY 2017)₹2.74 Lakh0%-47.0%Ludhiana, Punjab, India
Kartik Dyeing and Printing Mills Private Limited₹57.38 Cr (FY 2024)-7.0%Surat, Gujarat, India
Sankalp Dyeing and Printing Mills Private Limited₹57.26 Cr (FY 2025)6.0%Surat, Gujarat, India

To see the full peer comparison of Kia Textiles Private Limited, buy the company report.

Auditor

Kia Textiles Private Limited is audited by DINESH MEHTANI & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
DINESH MEHTANI & COFY 2017025897N

Shareholding

The shareholding of Kia Textiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Kia Textiles Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.75 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹9.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Jan 201010203921State Bank of India₹9.75 CrOpen

To see the full charge records of Kia Textiles Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Kia Textiles Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.49 Cr; the latest was in November 2014.

Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹4.49 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Nov 2014Funding round₹50 LakhInvestors: an individual
Mar 2013Funding round₹2.5 CrInvestors: 2 individuals
Oct 2011Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2010Funding round₹1.49 CrInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Kia Textiles Private Limited was last rated by Crisil on 15 Dec 2020.

Rating agencyRated onRating
Crisil15 Dec 2020

To see the full credit ratings and regulatory alerts of Kia Textiles Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Kia Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Kia Textiles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AADCK7091B1ZWPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Kia Textiles Private Limited, buy the company report.

Recent activity

Kia Textiles Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Jatin Bhatia was appointed as Managing Director on 26 Jun 2009.

AGM
Kia Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Filing
Kia Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chandigarh.
Charges
A charge with State Bank Of India of Rs. 9.75 Cr registered on 11 Jan 2010 with Charge ID 10203921 was modified on 03 Nov 2015.
Charges
A charge with State Bank Of India amounted to Rs. 9.75 Cr with Charge ID 10203921 was registered on 11 Jan 2010.
Appointed
Jatin Bhatia was appointed as Managing Director.
Appointed
Sharvan Kumar Bhatia was appointed as Director.
Incorporation
26 Jun 2009
Kia Textiles Private Limited was registered on 26 Jun 2009 with Roc Chandigarh & aged 17 years 3 months as per MCA records.

Frequently asked questions

Kia Textiles is an active private limited company based in Ludhiana, Punjab, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 26 June 2009 (17+ years old) and is registered under CIN U17120PB2009PTC032973.

Kia Textiles has 2 current directors:

The latest financial statements of Kia Textiles on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.

The GSTIN of Kia Textiles is 03AADCK7091B1ZW, registered in Punjab.

The CIN (Corporate Identification Number) of Kia Textiles is U17120PB2009PTC032973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kia Textiles has 3 court cases on record: 3 filed against it. 1 is pending.

Kia Textiles was incorporated on 26 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chandigarh.

Kia Textiles has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹4.49 Cr; the latest was in November 2014.

The peers of Kia Textiles by revenue are Hayward Synthetics Pvt Ltd, Kartik Dyeing and Printing Mills Private Limited, Sankalp Dyeing and Printing Mills Private Limited, all in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (textile, leather and other apparel products).

Jatin Bhatia was appointed as Managing Director on 26 Jun 2009. Sharvan Kumar Bhatia was appointed as Director on 26 Jun 2009.

Kia Textiles can be reached through the website kiatextiles.com. Its registered office is in Ludhiana, Punjab, India.