About Master Weaver Ethnics India Private Limited
Data last updated:
Master Weaver Ethnics India Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 April 2008.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U17100TG2008PTC058552. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It was led by directors including Venkateswara Rao Udata and Ramana Reddy Malireddy (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Shop No. 337 338 Pvt Market Kothapet Cross Roads Dilsukhnagar, Hyderabad, Telangana, India – 500035.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.49 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹9 Lakh (net margin 1.2%) and EBITDA of ₹85.84 Lakh (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company had about 21 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹2.05 Cr and satisfied charges of ₹1.35 Cr on record. Court records list 18 cases involving the company, including 2 filed by the company and 17 filed against it; 3 cases are pending.
The last known website on record is masterweaverindia.com.
Company details
CIN history
Master Weaver Ethnics India has one previous CIN (Corporate Identification Number): U17100AP2008PTC058552. The current CIN is U17100TG2008PTC058552, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100TG2008PTC058552 | Current |
| U17100AP2008PTC058552 | Previous |
Contact details
Master Weaver Ethnics India Private Limited's registered office is in Hyderabad, Telangana. Its website is masterweaverindia.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressShop No. 337 338 Pvt Market Kothapet Cross Roads Dilsukhnagar, Hyderabad, Telangana, India – 500035
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Master Weaver Ethnics India 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 Master Weaver Ethnics India 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 Master Weaver Ethnics India Private Limited, buy the company report.
Financials of Master Weaver Ethnics India Private Limited
FY 2017 filings availableMaster Weaver Ethnics India Private Limited reported revenue of ₹7.49 Cr (up 1% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over three years, including 1% growth in the latest year. EBITDA rose 33% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹7.49 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹85.84 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹9 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 11.5% | ||
| Net Profit Margin | 1.2% | ||
| 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 Master Weaver Ethnics India Private Limited, buy the company report.
Board of directors of Master Weaver Ethnics India Private Limited
Master Weaver Ethnics India has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkateswara Rao Udata | Director | 04 Apr 2008 | 18 Years 6 Months | As last reported |
| Ramana Reddy Malireddy | Irp/Rp/Liquidator | 20 Jun 2023 | 3 Years 4 Months | As last reported |
| Akurati Benarji | Director | 06 Jun 2017 | 9 Years 4 Months | As last reported |
| Subba Rao Vudatha | Director | 04 Apr 2008 | 18 Years 6 Months | As last reported |
Peer comparison
Master Weaver Ethnics India Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meerut Sport Tex Private Limited | ₹7.51 Cr (FY 2025) | -4.0% | Meerut, Uttar Pradesh, India | |||
| Surya Exim Private Limited | ₹7.5 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Shivanil Texfab Private Limited | ₹7.5 Cr (FY 2025) | 72.0% | Ichalkaranji, Maharashtra, India | |||
| Sarvagya Sulz Fab Private Limited | ₹7.5 Cr (FY 2024) | -1.0% | Bhilwara, Rajasthan, India | |||
| Master Weaver Ethnics India Private Limitedthis company | ₹7.49 Cr (FY 2017) | ₹9 Lakh | 1.2% | 1.0% | 21 | Hyderabad, Telangana, India |
| Tantia Trading Company Private Limited | ₹7.48 Cr (FY 2025) | -67.0% | Surat, Gujarat, India | |||
| Translate Handcrafted Products (India) Private Limited | ₹7.48 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Karpagam Textiles Private Limited | ₹7.48 Cr (FY 2025) | 55.0% | Coimbatore, Tamil Nadu, India | |||
| Techfeel Safety Textiles Private Limited | ₹7.48 Cr (FY 2025) | 224.0% | Panipat, Haryana, India | |||
| Moffi Clothing Private Limited | ₹7.48 Cr (FY 2025) | -6.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Master Weaver Ethnics India Private Limited, buy the company report.
Auditor
Master Weaver Ethnics India Private Limited is audited by T V RAO ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T V RAO ASSOCIATES | FY 2017 | 008339S |
Shareholding
The shareholding of Master Weaver Ethnics India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Master Weaver Ethnics India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2013 | 10471801 | State Bank of India | ₹1.8 Cr | Open | |
| 05 Jan 2009 | 10137101 | 3I Infotech Trusteeship Services Limited | ₹25 Lakh | Open | |
| 31 Jul 2008 | 10121086 | Corporation Bank | ₹1.35 Cr | Satisfied |
To see the full charge records of Master Weaver Ethnics India Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Master Weaver Ethnics India Private Limited has 18 court cases on record: 2 filed by Master Weaver Ethnics India, 17 filed against it. 3 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 12 | 3 |
| NCLT | 4 | 4 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by Master Weaver Ethnics India Private Limited and 4 others | Disposed |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed by the company against Master Weaver Ethnics India Private Limited and 5 others | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Aditya Birla Finance Limited | Disposed |
| District court, Rangareddy, Telangana | Execution petition | Filed against the company by M/S Vistaar Financial Services Pvt Ltd Rep by Authorised A.Vishnu Vardhan | Disposed |
To see the full case history of Master Weaver Ethnics India 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 Master Weaver Ethnics India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Master Weaver Ethnics India Private Limited has a workforce of 21 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Master Weaver Ethnics India 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 Master Weaver Ethnics India Private Limited, buy the company report.
Recent activity
Master Weaver Ethnics India Private Limited has 4 board changes on record since 2008: 4 appointments. The latest: Ramana Reddy Malireddy was appointed as Irp/Rp/Liquidator on 20 Jun 2023.
1 earlier event is in the company report.
Frequently asked questions
Master Weaver Ethnics India has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Master Weaver Ethnics India was a private limited company based in Hyderabad, Telangana, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 04 April 2008 and is registered under CIN U17100TG2008PTC058552. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Master Weaver Ethnics India was incorporated on 04 April 2008. It is registered with the Registrar of Companies, Hyderabad.
Master Weaver Ethnics India had 4 directors:
- Venkateswara Rao Udata - Director
- Akurati Benarji - Director
- Subba Rao Vudatha - Director
- Ramana Reddy Malireddy - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Master Weaver Ethnics India is U17100TG2008PTC058552. 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 Master Weaver Ethnics India is at Shop No. 337 338 Pvt Market Kothapet Cross Roads Dilsukhnagar, Hyderabad, Telangana, India – 500035.
Master Weaver Ethnics India can be reached through the website masterweaverindia.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Master Weaver Ethnics India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
No. Master Weaver Ethnics India has 1 GST registration on record and it is cancelled or inactive.
Master Weaver Ethnics India operated in the manufacturing industry, in the textile and fabric production segment.
The peers of Master Weaver Ethnics India by revenue are Meerut Sport Tex Private Limited, Surya Exim Private Limited, Shivanil Texfab Private Limited, Sarvagya Sulz Fab Private Limited, Tantia Trading Company Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
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