About Mustard Retail Private Limited
Data last updated:
Mustard Retail Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Mustard Clothing Company Private Limited. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 17 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32101KA2006PTC125371. Its GSTIN is 09AAJCS6537N1ZK (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Shyam Televisions Private Limited. It is led by directors Saurabh Gupta and Gaurav Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 20st'Bed 80 Feet Road Kormanagala 4th Block, Bengaluru, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.93 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹2.64 Lakh (net margin 0.2%) and EBITDA of ₹12.64 Lakh (EBITDA margin 1%).
The company has about 67 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.99 Cr and satisfied charges of ₹15.53 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website emustard.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 20st'Bed 80 Feet Road Kormanagala 4th Block, Bengaluru, Karnataka, India – 560034
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Mustard Retail Private Limited
The main business activity of Mustard Retail is manufacturing. In detail, this covers manufacture of textiles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mustard Retail Private Limited FY 2025 filings available
Mustard Retail Private Limited reported revenue of ₹12.93 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mustard Retail Private Limited
Revenue fell 16% in the latest year. EBITDA fell 44% 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 of Mustard Retail Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹12.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.64 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 of Mustard Retail Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mustard Retail are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mustard Retail Private Limited
Mustard Retail Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rathi Textiles Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Vaibhav Silk Mills Private Limited | •••• | •••• | •••• | •••• | 29 | Mumbai, Maharashtra, India |
| Saurin Textile Mills Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Gattani Overseas Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| M G Chopra Textiles Pvt Ltd | •••• | •••• | •••• | •••• | - | Ahmedababd, Gujarat, India |
| Mustard Retail Private Limited this company | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Jayarani Spinning Mills Limited | •••• | •••• | •••• | •••• | 59 | Chennai, Tamil Nadu, India |
| Stretch Bands (Gujarat) Private Limited | •••• | •••• | •••• | •••• | - | Bhavnagar, Gujarat, India |
| Brickishh Exports Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Shree Balaji Emboss Private Limited | •••• | •••• | •••• | •••• | 25 | Varanasi, Uttar Pradesh, India |
| Shivanjali Prints Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Mustard Retail by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Mustard Retail Private Limited
Mustard Retail Private Limited is audited by RKN & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RKN & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mustard Retail Private Limited
Mustard Retail has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Gupta Also directs: Shinten Projects LLP, Mustard Clothing Company Private Limited, Manorath Developers Private Limited and 1 more | Director | 06 Nov 2007 | 18 Years 11 Months | Current |
| Gaurav Gupta Also directs: Shinten Projects LLP, Mustard Clothing Company Private Limited, Manorath Developers Private Limited and 2 more | Director | 06 Nov 2007 | 18 Years 11 Months | Current |
Ownership and Shareholding of Mustard Retail Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mustard Retail Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2023 | Others | ₹16.99 Cr | Open |
| 16 Jul 2019 | Others | ₹13.65 Cr | Satisfied |
| 18 Jan 2008 | Icici Home Finance Company Limited | ₹1.88 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Mustard Retail Private Limited
Mustard Retail Private Limited has a workforce of 67 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Mustard Retail Private Limited
Mustard Retail has one previous CIN (Corporate Identification Number): U32101DL2006PTC144941. The current CIN is U32101KA2006PTC125371, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32101KA2006PTC125371 | Current |
| U32101DL2006PTC144941 | Previous |
Recent Activity on Mustard Retail Private Limited
Mustard Retail Private Limited has 6 board changes on record since 2006: 4 appointments and 2 cessations. The latest: Shyam Lal Gupta ceased to be Director on 22 Nov 2007.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mustard Retail Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mustard Retail Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mustard Retail Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mustard Retail Private Limited
Mustard Retail has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAJCS6537N1ZK | Uttar Pradesh | Active | 25 Mar 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mustard Retail Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mustard Retail Private Limited
Mustard Retail is an active private limited company based in Bengaluru, Karnataka, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 17 January 2006 (20+ years old) and is registered under CIN U32101KA2006PTC125371.
Mustard Retail reported revenue of ₹12.93 Cr for FY 2025 (down 16% YoY).
Mustard Retail has 2 current directors:
- Saurabh Gupta - Director
- Gaurav Gupta - Director
Mustard Retail reported a net profit of ₹2.64 Lakh (net margin 0.2%) and EBITDA of ₹12.64 Lakh (EBITDA margin 1%) for FY 2025, as per its filed financial statements.
The GSTIN of Mustard Retail is 09AAJCS6537N1ZK, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Mustard Retail is U32101KA2006PTC125371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mustard Retail was incorporated on 17 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mustard Retail by revenue are Rathi Textiles Private Limited, Vaibhav Silk Mills Private Limited, Saurin Textile Mills Private Limited, Gattani Overseas Private Limited, M G Chopra Textiles Pvt Ltd and 5 more, all in the Manufacturing industry (Textiles).
Shyam Lal Gupta ceased to be Director on 22 Nov 2007. Vimla Gupta ceased to be Director on 22 Nov 2007. Gaurav Gupta was appointed as Director on 06 Nov 2007. Mustard Retail has 6 board changes on record in total.
Mustard Retail can be reached through the website emustard.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Mustard Retail is at No 20stBed 80 Feet Road Kormanagala 4th Block, Bengaluru, Karnataka, India – 560034.