MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0053714
Sharada Designs Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹22.81 Cr
▼ 33% YoY
Net profit · FY 2024
₹12.76 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹93.53 Lakh
EBITDA margin 4.1%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹6.88 Cr
Satisfied ₹1.75 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
12
Provident fund records
About Sharada Designs Private Limited
Data last updated:
Sharada Designs 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 17 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17120KA2014PTC075388. Its GSTIN is 29AAUCS7084H1ZG (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Udai Prabhakar and Vinutha Joshi.
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 is at No. 04 Mandara 3rd Floor 1st Cross 3rd Main Ghbcs Layout Shankar Nagar, Bangalore, Karnataka, India – 560096.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.81 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹12.76 Lakh (net margin 0.6%) and EBITDA of ₹93.53 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 10% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sharada Designs. As per MCA filings, the company has open charges of ₹6.88 Cr and satisfied charges of ₹1.75 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 1 case is pending.
Sharada Designs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0053714). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sharadadesigns.in.
Company details
CIN U17120KA2014PTC075388
Registration Number 075388
Incorporation Date 17 July 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0053714
Key People
Udai Prabhakar Director Vinutha Joshi Director Recognitions & Rankings of Sharada Designs
Contact details
Sharada Designs Private Limited's registered office is in Bangalore, Karnataka. Its website is sharadadesigns.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 04 Mandara 3rd Floor 1st Cross 3rd Main Ghbcs Layout Shankar Nagar, Bangalore, Karnataka, India – 560096
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sharada Designs Private Limited, buy the company report.
Comprehensive company report
Sharada Designs 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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Brands
Sharada Designs operates one associated brand: Sharada Designs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A brand specializing in multi-category home textiles. | sharadadesigns.in |
Business activity
The main business activity of Sharada Designs 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 Sharada Designs Private Limited, buy the company report.
Financials of Sharada Designs Private Limited
FY 2023 filings availableSharada Designs Private Limited reported revenue of ₹22.81 Cr (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹22.81 Cr ▼ 33%
Net profit · FY 2024
₹12.76 Lakh margin 0.6%
EBITDA · FY 2024
₹93.53 Lakh margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 27%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 10%
5 years · compounded
▲ 3%
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 20% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹93.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.76 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Sharada Designs Private Limited, buy the company report.
Board of directors of Sharada Designs Private Limited
Sharada Designs has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udai Prabhakar | Director | 17 Jul 2014 | 12 Years 3 Months | Current |
| Vinutha Joshi | Director | 17 Jul 2014 | 12 Years 3 Months | Current |
Peer comparison
Sharada Designs Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Solai Cotton Mills Private Limited | ₹22.85 Cr (FY 2025) | -2.0% | Kangayam, Tamil Nadu, India | |||
| Crav Apparels Private Limited | ₹22.83 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Pushkar Ganesh Cotton Club Export Private Limited | ₹22.83 Cr (FY 2025) | 13.0% | Pushkar, Rajasthan, India | |||
| Sharada Designs Private Limitedthis company | ₹22.81 Cr (FY 2024) | ₹12.76 Lakh | 0.6% | -33.0% | 12 | Bangalore, Karnataka, India |
| Akila Textiles Private Limited | ₹22.79 Cr (FY 2025) | 4.0% | Coimbatore, Tamil Nadu, India | |||
| Bhavya Art Private Limited | ₹22.77 Cr (FY 2025) | -6.0% | Surat, Gujarat, India | |||
| Ratan Textiles Private Limited | ₹22.74 Cr (FY 2024) | -1.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Sharada Designs Private Limited, buy the company report.
Auditor
Sharada Designs Private Limited is audited by GD & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GD & ASSOCIATES | FY 2023 | 011187S |
Shareholding
The shareholding of Sharada Designs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sharada Designs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.88 Cr
Satisfied charges
₹1.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2023 | 100890434 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 20 Sep 2022 | 100621605 | Others | ₹1 Cr | Open | |
| 31 Aug 2018 | 100227941 | Others | ₹5.68 Cr | Open | |
| 09 Oct 2015 | 10599488 | Others | ₹1.5 Cr | Satisfied | |
| 30 Sep 2015 | 10598400 | City Union Bank Limited | ₹25 Lakh | Satisfied |
To see the full charge records of Sharada Designs Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Sharada Designs Private Limited has 13 court cases on record: 13 filed against it. 1 case is pending and 12 are disposed.
Total cases
13
Filed against the company
13
Pending
1
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Jain Cord Industries Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Intech Apparel Pvt Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Intech Apparel Pvt Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Premier Fabric Sourcing LLP | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Nandan Denim Limited | Disposed |
To see the full case history of Sharada Designs 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 Sharada Designs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sharada Designs Private Limited has a workforce of 12 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
-7.69%
GST
Sharada Designs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCS7084H1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sharada Designs Private Limited, buy the company report.
Recent activity
Sharada Designs Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Udai Prabhakar was appointed as Director on 17 Jul 2014.
AGM
Sharada Designs Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100890434 was registered on 28 Sep 2023.
Filing
Sharada Designs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100621605 was registered on 20 Sep 2022.
Charges
A charge with Others of Rs. 568.45 Lakh registered on 31 Aug 2018 with Charge ID 100227941 was modified on 08 Apr 2022.
Charges
A charge registered on 09 Oct 2015 via Charge ID 10599488 with Others was fully satisfied on 29 Oct 2018.
Charges
A charge with Others amounted to Rs. 568.45 Lakh with Charge ID 100227941 was registered on 31 Aug 2018.
Charges
A charge with Others of Rs. 150.00 Lakh registered on 09 Oct 2015 with Charge ID 10599488 was modified on 03 Nov 2017.
Charges
A charge registered on 30 Sep 2015 via Charge ID 10598400 with City Union Bank Limited was fully satisfied on 14 Oct 2016.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 10599488 was registered on 09 Oct 2015.
Charges
A charge with City Union Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 10598400 was registered on 30 Sep 2015.
Appointed
Udai Prabhakar was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Sharada Designs 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 17 July 2014 (12+ years old) and is registered under CIN U17120KA2014PTC075388.
Sharada Designs has 2 current directors:
- Udai Prabhakar - Director
- Vinutha Joshi - Director
The latest financial statements of Sharada Designs 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.
The GSTIN of Sharada Designs is 29AAUCS7084H1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Sharada Designs is U17120KA2014PTC075388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharada Designs has 13 court cases on record: 13 filed against it. 1 is pending.
Sharada Designs was incorporated on 17 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sharada Designs by revenue are Solai Cotton Mills Private Limited, Crav Apparels Private Limited, Pushkar Ganesh Cotton Club Export Private Limited, Akila Textiles Private Limited, Bhavya Art Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Udai Prabhakar was appointed as Director on 17 Jul 2014. Vinutha Joshi was appointed as Director on 17 Jul 2014.
Yes, Sharada Designs is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0053714).
Sharada Designs can be reached through the website sharadadesigns.in. Its registered office is in Bangalore, Karnataka, India.
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