About Oracle Home Textile Limited
Data last updated:
Oracle Home Textile Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 April 1985.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH1985PLC036047. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹19.41 Cr. It was formerly known as Rokadia Properties Private Limited and Prasam Properties Private Limited. It is led by directors including Sanjay Balkrishna Dave (Managing Director) and Shilpa Sanjay Dave (Whole-Time Director).
Its last annual general meeting (AGM) was held on 18 June 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 216 Creative Industrialcentre N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2018, the company reported a revenue of ₹12.79 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹70.09 Cr and EBITDA of -₹56.09 Cr (EBITDA margin -438.7%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years.
The company has about 64 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹91.75 Cr and satisfied charges of ₹225.3 Cr on record. Court records list 18 cases involving the company, including 18 filed against it; 2 cases are pending.
The last known website on record is oraclexports.com.
Company details
Name history
Oracle Home Textile has undergone 5 name changes throughout its history. The current legal name is Oracle Home Textile Limited.
| Company Name | Status |
|---|---|
| Oracle Home Textile Limited | Current |
| Rokadia Properties Private Limited | Previous |
| Prasam Properties Private Limited | Previous |
| Oracle Exports Home Textiles Private Limited | Previous |
| Oracle Exports Home Textiles Limited | Previous |
| Oracle Exports Home Textiles Limited | Previous |
CIN history
Oracle Home Textile has one previous CIN (Corporate Identification Number): U70102MH1985PTC036047. The current CIN is U70102MH1985PLC036047, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102MH1985PLC036047 | Current |
| U70102MH1985PTC036047 | Previous |
Contact details
Oracle Home Textile Limited's registered office is in Mumbai, Maharashtra. Its website is oraclexports.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address216 Creative Industrialcentre N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400011
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Oracle Home Textile 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 Oracle Home Textile 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 Oracle Home Textile Limited, buy the company report.
Financials of Oracle Home Textile Limited
FY 2018 filings availableOracle Home Textile Limited reported revenue of ₹12.79 Cr (down 32% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over three years, including a 32% fall in the latest year. EBITDA fell 182% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹12.79 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹56.09 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹70.09 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -438.7% | |||
| Net Profit Margin | ||||
| 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 Oracle Home Textile Limited, buy the company report.
Board of directors of Oracle Home Textile Limited
Oracle Home Textile has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Balkrishna Dave | Managing Director | 01 Oct 1998 | 28 Years 0 Months | As last reported |
| Parmeshwar Chowdhary | Director | 25 Feb 2009 | 17 Years 8 Months | As last reported |
| Mahesh Chand Gupta | Irp/Rp/Liquidator | 16 May 2024 | 2 Years 5 Months | As last reported |
| Shilpa Sanjay Dave Also directs: Mangal Arambh Ventures LLP | Whole-Time Director | 01 Oct 1998 | 28 Years 0 Months | As last reported |
| Ashok Kumar Pachisia | Director | 01 Mar 2012 | 14 Years 7 Months | As last reported |
Peer comparison
Oracle Home Textile Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Nidhi Dyeing and Printing Mills Pvt Ltd | ₹12.8 Cr (FY 2025) | 14.0% | Palsana, Gujarat, India | |||
| Sudarshan Sulz Private Limited | ₹12.8 Cr (FY 2024) | -19.0% | Bhilwara, Rajasthan, India | |||
| Padam Prabhu Knits Private Limited | ₹12.8 Cr (FY 2024) | 21.0% | Ludhiana, Punjab, India | |||
| Oracle Home Textile Limitedthis company | ₹12.79 Cr (FY 2018) | -₹70.09 Cr | -32.0% | 64 | Mumbai, Maharashtra, India | |
| Tayal Hosiery Mills Private Limited | ₹12.77 Cr (FY 2025) | 15.0% | Kanpur, Uttar Pradesh, India | |||
| V.P.S.Spinning Mills Private Limited | ₹12.77 Cr (FY 2022) | 33.0% | Tuticorin, Tamil Nadu, India | |||
| Dhanalaxmi Dyeing and Printing Mills Pvt Ltd | ₹12.76 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Net Paradigm India Private Limited | ₹12.75 Cr (FY 2024) | -47.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Oracle Home Textile Limited, buy the company report.
Auditor
Oracle Home Textile Limited is audited by P S SAKHALKAR & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P S SAKHALKAR & CO | FY 2018 | 108982W |
Shareholding
The shareholding of Oracle Home Textile 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 Oracle Home Textile Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2015 | 10609490 | Andhra Bank | ₹2 Cr | Open | |
| 13 Oct 2015 | 100016958 | Others | ₹5 Cr | Open | |
| 15 Jun 2015 | 10578532 | Andhra Bank | ₹3.5 Cr | Open | |
| 10 Feb 2015 | 10559334 | Union Bank of India | ₹2 Cr | Open | |
| 23 Dec 2013 | 10469162 | Union Bank of India | ₹2 Cr | Open |
To see the full charge records of Oracle Home Textile Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Oracle Home Textile Limited has 18 court cases on record: 18 filed against it. 2 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 2 |
| High courts | 3 | 3 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by M/S. Colorband Dyestuff Pvt Ltd | Pending |
| District court, Navsari, Gujarat | Criminal complaint | Filed against the company by Mafatlal Industries Limited Through Its Authorized Officer and General Manager Srigopal A Jajoo | Disposed |
| District court, Valsad, Gujarat | Court case (EXE S) | Filed against the company by Colorant Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S. Colorband Dyestuff Pvt Ltd | Disposed |
| Bombay High Court | Company petition | Filed against the company by M/S. Ishi Marketing and Advertising Pvt. Ltd. and 4 Ors. | Disposed |
To see the full case history of Oracle Home Textile 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.
Credit ratings & regulatory alerts
Oracle Home Textile Limited was last rated by Crisil on 01 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 01 Oct 2019 |
To see the full credit ratings and regulatory alerts of Oracle Home Textile Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Oracle Home Textile Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Oracle Home Textile has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Employees & EPFO
Oracle Home Textile Limited has a workforce of 64 employees on its EPFO records as of Apr 07, 2024, across 3 active EPFO establishments.
GST
Oracle Home Textile has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Oracle Home Textile Limited, buy the company report.
Recent activity
Oracle Home Textile Limited has 9 board changes on record since 1998: 5 appointments and 4 cessations. The latest: Mahesh Chand Gupta was appointed as Irp/Rp/Liquidator on 16 May 2024.
52 earlier events are in the company report.
Frequently asked questions
Oracle Home Textile is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Oracle Home Textile is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 April 1985 and is registered under CIN U70102MH1985PLC036047. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Oracle Home Textile has 5 current directors:
- Sanjay Balkrishna Dave - Managing Director
- Shilpa Sanjay Dave - Whole-Time Director
- Parmeshwar Chowdhary - Director
- Ashok Kumar Pachisia - Director
- Mahesh Chand Gupta - Irp/Rp/Liquidator
The latest financial statements of Oracle Home Textile on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 18 June 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Oracle Home Textile is U70102MH1985PLC036047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oracle Home Textile has open charges of ₹91.75 Cr and satisfied charges of ₹225.3 Cr as per latest MCA filings.
Oracle Home Textile has 18 court cases on record: 18 filed against it. 2 are pending. Most are in the district courts.
Oracle Home Textile was incorporated on 26 April 1985. It is registered with the Registrar of Companies, Mumbai.
The peers of Oracle Home Textile by revenue are Nidhi Dyeing and Printing Mills Pvt Ltd, Sudarshan Sulz Private Limited, Padam Prabhu Knits Private Limited, Tayal Hosiery Mills Private Limited, V.P.S.Spinning Mills Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Mahesh Chand Gupta was appointed as Irp/Rp/Liquidator on 16 May 2024. Ashok Kumar Pachisia ceased to be Additional Director on 29 Sep 2012. Ashok Kumar Pachisia was appointed as Director on 01 Mar 2012. Oracle Home Textile has 9 board changes on record in total.
Oracle Home Textile can be reached through the website oraclexports.com. Its registered office is in Mumbai, Maharashtra, India.