MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-22-0029840
Naveen Cloth Centre Private Limited
Naveen Cloth Centre Private Limited - home & lifestyle in Mysore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹40.74 Lakh
▲ 32% YoY
Net profit · FY 2020
₹3.88 Lakh
Net margin 9.5%
EBITDA · FY 2020
₹15.02 Lakh
EBITDA margin 36.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹60 Lakh
Secured borrowings
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
About Naveen Cloth Centre Private Limited
Data last updated:
Naveen Cloth Centre Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 31 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2005PTC035955. Its GSTIN is 29AACCN1068J1ZA (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Kirugaval Nagaraju Vinutha (Managing Director) and Kirugavalu Nagaraj Naveen.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.45 Daya Marga Siddartha Layout, Mysore, Karnataka, India – 570020.
As per the financials filed for FY 2020, the company reported a revenue of ₹40.74 Lakh, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹3.88 Lakh (net margin 9.5%) and EBITDA of ₹15.02 Lakh (EBITDA margin 36.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹60 Lakh on record.
Naveen Cloth Centre Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0029840). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Naveen Cloth Centre Private Limited
CIN U18101KA2005PTC035955
Registration Number 035955
Incorporation Date 31 March 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-22-0029840
CIN History of Naveen Cloth Centre Private Limited
Naveen Cloth Centre has one previous CIN (Corporate Identification Number): U18101KA2005PT0035955. The current CIN is U18101KA2005PTC035955, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18101KA2005PTC035955 | Current |
| U18101KA2005PT0035955 | Previous |
Recognitions & Rankings of Naveen Cloth Centre
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.45 Daya Marga Siddartha Layout, Mysore, Karnataka, India – 570020
- IndustryHome & Lifestyle, Textile Retail & Distribution
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Business Activity of Naveen Cloth Centre Private Limited
The main business activity of Naveen Cloth Centre is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Naveen Cloth Centre Private Limited FY 2020 filings available
Naveen Cloth Centre Private Limited reported revenue of ₹40.74 Lakh (up 32% YoY) for FY 2020.
Revenue · FY 2020
₹40.74 Lakh ▲ 32%
Net profit · FY 2020
₹3.88 Lakh margin 9.5%
EBITDA · FY 2020
₹15.02 Lakh margin 36.9%
Compounded Annual Growth Rate (CAGR) of Naveen Cloth Centre Private Limited
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 13%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 28%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 32% growth in the latest year. EBITDA rose 60% 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 Naveen Cloth Centre Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹40.74 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.88 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 Naveen Cloth Centre Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.5% | •••• | •••• | •••• | •••• |
| 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 Naveen Cloth Centre are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Naveen Cloth Centre Private Limited
Naveen Cloth Centre has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirugaval Nagaraju Vinutha | Managing Director | 07 Dec 2011 | 14 Years 10 Months | Current |
| Kirugavalu Nagaraj Naveen | Director | 31 Mar 2005 | 21 Years 6 Months | Current |
Peer Comparison of Naveen Cloth Centre Private Limited
Naveen Cloth Centre Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ridhi Sidhi Sarees Private Limited | ₹41.07 Lakh (FY 2024) | •••• | •••• | -20.0% | •••• | Kolkata, West Bengal, India |
| Fabio Rossini Fabrics Private Limited | ₹41.07 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| East India Supply & Services Pvt Ltd | ₹41.03 Lakh (FY 2025) | •••• | •••• | 231.0% | •••• | Kolkata, West Bengal, India |
| Vistoso Veil Private Limited | ₹40.99 Lakh (FY 2025) | •••• | •••• | 64.0% | •••• | New Delhi, Delhi, India |
| Crescent Vanijya Pvt Ltd | ₹40.85 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
| Naveen Cloth Centre Private Limited this company | ₹40.74 Lakh (FY 2020) | •••• | •••• | 32.0% | •••• | Mysore, Karnataka, India |
| Mayfair Dealers Private Limited | ₹40.72 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Asez Tak Wholesale Online Private Limited | ₹40.71 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Siliguri, West Bengal, India |
| Burgundy Clothing Private Limited | ₹40.69 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Shree Grotex Trade Links Private Limited | ₹40.63 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| TFS Trading Private Limited | ₹40.62 Lakh (FY 2022) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Naveen Cloth Centre by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Naveen Cloth Centre Private Limited
Naveen Cloth Centre Private Limited is audited by MOHAN KASUMURTHY & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MOHAN KASUMURTHY & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Naveen Cloth Centre Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Naveen Cloth Centre Private Limited
Open charges
₹60 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2022 | Canara Bank | ₹60 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Naveen Cloth Centre Private Limited
Employment history and EPFO contributions of people linked to Naveen Cloth Centre.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Naveen Cloth Centre Private Limited
Naveen Cloth Centre Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Renuka Nagaraj ceased to be Director on 18 May 2021.
Charges
A charge with Canara Bank amounted to Rs. 60.00 Lakh with Charge ID 100627480 was registered on 20 Sep 2022.
Ceased
Renuka Nagaraj ceased to be Director.
AGM
Naveen Cloth Centre Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Naveen Cloth Centre Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Ceased
Nagaraj Kirugavalu Rudrappa ceased to be Director.
Ceased
Kirugaval Nagaraju Vinutha ceased to be Additional Director.
Appointed
Kirugaval Nagaraju Vinutha was appointed as Managing Director.
Appointed
Kirugavalu Nagaraj Naveen was appointed as Director.
Incorporation
31 Mar 2005
Naveen Cloth Centre Private Limited was registered on 31 Mar 2005 with Roc Bangalore & aged 21 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Naveen Cloth Centre Private Limited
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MSME Payment Delays by Naveen Cloth Centre Private Limited
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Subsidiaries & Group Companies of Naveen Cloth Centre Private Limited
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Corporate group structure
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GST Compliance of Naveen Cloth Centre Private Limited
Naveen Cloth Centre has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN1068J1ZA | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of Naveen Cloth Centre Private Limited
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Frequently Asked Questions about Naveen Cloth Centre Private Limited
Naveen Cloth Centre is an active private limited company based in Mysore, Karnataka, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 31 March 2005 (21+ years old) and is registered under CIN U18101KA2005PTC035955.
Naveen Cloth Centre reported revenue of ₹40.74 Lakh for FY 2020 (up 32% YoY).
Naveen Cloth Centre has 2 current directors:
- Kirugaval Nagaraju Vinutha - Managing Director
- Kirugavalu Nagaraj Naveen - Director
Naveen Cloth Centre reported a net profit of ₹3.88 Lakh (net margin 9.5%) and EBITDA of ₹15.02 Lakh (EBITDA margin 36.9%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Naveen Cloth Centre is 13% over three years and 7% over five years. In the latest year (FY 2020) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Naveen Cloth Centre is 29AACCN1068J1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Naveen Cloth Centre is U18101KA2005PTC035955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Naveen Cloth Centre was incorporated on 31 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Naveen Cloth Centre by revenue are Ridhi Sidhi Sarees Private Limited, Fabio Rossini Fabrics Private Limited, East India Supply & Services Pvt Ltd, Vistoso Veil Private Limited, Crescent Vanijya Pvt Ltd and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Renuka Nagaraj ceased to be Director on 18 May 2021. Nagaraj Kirugavalu Rudrappa ceased to be Director on 22 Feb 2016. Kirugaval Nagaraju Vinutha ceased to be Additional Director on 10 Dec 2011. Naveen Cloth Centre has 5 board changes on record in total.
Yes, Naveen Cloth Centre is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-22-0029840).