NM Milano Clothing Private Limited
About NM Milano Clothing Private Limited
Data last updated:
NM Milano Clothing 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 18 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2012PTC065930. Its GSTIN is 29AAECN1350K1ZD (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Saroja Anil Magaji and Namita Magaji.
Its last annual general meeting (AGM) was held on 26 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 20/21 20th Cross Kp Agrahara Bhuvaneshwarinagar Magadi Road, Bangalore, Karnataka, India – 560023.
As per the financials filed for FY 2023, the company reported a revenue of ₹99,566, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹1.9 Lakh (net margin -190.6%) and EBITDA of -₹1.88 Lakh (EBITDA margin -189.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
NM Milano Clothing Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20/21 20th Cross Kp Agrahara Bhuvaneshwarinagar Magadi Road, Bangalore, Karnataka, India – 560023
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of NM Milano Clothing 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 NM Milano Clothing 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 NM Milano Clothing Private Limited, buy the company report.
Financials of NM Milano Clothing Private Limited
FY 2023 filings availableNM Milano Clothing Private Limited reported revenue of ₹99,566 (down 81% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 81% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA rose 59% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹1.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.9 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -189.2% | ||||
| Net Profit Margin | -190.6% | ||||
| 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 NM Milano Clothing Private Limited, buy the company report.
Board of directors of NM Milano Clothing Private Limited
NM Milano Clothing has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Namita Magaji Also directs: Tailornext Private Limited | Additional Director | 23 Feb 2018 | 8 Years 7 Months | Current |
| Saroja Anil Magaji Also directs: Tailornext Private Limited | Director | 18 Sep 2012 | 14 Years 1 Months | Current |
Peer comparison
NM Milano Clothing Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Durga Cotspin Limited | ₹1 Lakh (FY 2025) | Samana, Punjab, India | ||||
| Sri Kanjilal Textiles Private Limited | ₹1 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| High Tech Texolene Limited | ₹99,629 (FY 2019) | 7.0% | Surat, Gujarat, India | |||
| NM Milano Clothing Private Limitedthis company | ₹99,566 (FY 2023) | -₹1.9 Lakh | -190.6% | -81.0% | Bangalore, Karnataka, India |
To see the full peer comparison of NM Milano Clothing Private Limited, buy the company report.
Auditor
NM Milano Clothing Private Limited is audited by D B SAJJANAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D B SAJJANAR & CO | FY 2017 | 011174S |
Shareholding
The shareholding of NM Milano Clothing Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of NM Milano Clothing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving NM Milano Clothing Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for NM Milano Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
NM Milano Clothing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN1350K1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of NM Milano Clothing Private Limited, buy the company report.
Recent activity
NM Milano Clothing Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Anil Subhash Magaji ceased to be Director on 26 Feb 2018.
Frequently asked questions
NM Milano Clothing 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 18 September 2012 (14+ years old) and is registered under CIN U18101KA2012PTC065930.
NM Milano Clothing has 2 current directors:
- Namita Magaji - Additional Director
- Saroja Anil Magaji - Director
The latest financial statements of NM Milano Clothing on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 26 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of NM Milano Clothing is 29AAECN1350K1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of NM Milano Clothing is U18101KA2012PTC065930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NM Milano Clothing was incorporated on 18 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of NM Milano Clothing by revenue are Durga Cotspin Limited, Sri Kanjilal Textiles Private Limited, High Tech Texolene Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Anil Subhash Magaji ceased to be Director on 26 Feb 2018. Namita Magaji was appointed as Additional Director on 23 Feb 2018. Saroja Anil Magaji was appointed as Director on 18 Sep 2012.
The registered office of NM Milano Clothing is at 2021 20th Cross Kp Agrahara Bhuvaneshwarinagar Magadi Road, Bangalore, Karnataka, India – 560023.
NM Milano Clothing operates in the manufacturing industry, in the textile and fabric production segment.
The compliance status of NM Milano Clothing is compliant as of 04 August 2026. The company is actively filing with the Registrar of Companies.