Otex Designs LLP - consumer electronics & durables in Thane, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAG-9597 Incorporated 19 July 2016 ROC Mumbai HQ Thane, Maharashtra, India
Active Limited Liability Partnership consumer electronics and durables MSME · Small
Revenue · FY 2023
₹39.77 Cr
▲ 39% YoY
Net profit · FY 2023
₹3.02 Cr
Net margin 7.6%
EBITDA · FY 2023
₹35.08 Lakh
EBITDA margin 0.9%
Contribution obligation
₹1 Cr
As per LLP agreement
Open charges
₹18.55 Cr
Satisfied ₹5.6 Cr
LLP age
10 yrs
Est. 2016
Employees · EPFO
22
Provident fund records
Designated partners
2
As per MCA filings

About Otex Designs LLP

Data last updated:

Otex Designs LLP is a limited liability partnership (LLP) based in Thane, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 19 July 2016 and has been in existence for over 10 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAG-9597.

The LLP has a total obligation of contribution of ₹1 Cr. It is led by designated partners Vikashchandra Kailaschandra Shukla and Krishna Devender Giri.

Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹39.77 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹3.02 Cr (net margin 7.6%) and EBITDA of ₹35.08 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years.

The LLP has about 22 employees on its provident fund (EPFO) records.

As per MCA filings, the LLP has open charges of ₹18.55 Cr and satisfied charges of ₹5.6 Cr on record. Court records list 14 cases involving the LLP, including 14 filed against it; 8 cases are pending.

Otex Designs LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0032645).

Company details

LLPIN AAG-9597
Incorporation Date 19 July 2016
Total Obligation of Contribution ₹1 Cr
ROC Mumbai
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-MH-33-0032645

Recognitions & Rankings of Otex Designs

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0032645

Contact details

Otex Designs LLP's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    H – 17 Chandresh Villa F.G.H Row House Chs Lodha Heaven Nilje Kalyan – Shil Road Do, Mbivili(E), Thane, Maharashtra, India – 421204
  • Industry
    Consumer Electronics & Durables, Furniture Manufacturing

To see the full contact details of Otex Designs LLP, buy the company report.

Comprehensive company report
Otex Designs LLP - 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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Financials of Otex Designs LLP

FY 2024 filings available

Otex Designs LLP reported revenue of ₹39.77 Cr (up 39% YoY) for FY 2023.

Revenue · FY 2023
₹39.77 Cr ▲ 39%
Net profit · FY 2023
₹3.02 Cr margin 7.6%
EBITDA · FY 2023
₹35.08 Lakh margin 0.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 80%
EBITDA CAGR growth
3 years · compounded
▲ 37%

Revenue has grown at a compounded annual rate (CAGR) of 80% over three years, including 39% growth 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹3.02 Cr
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin7.6%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Otex Designs LLP, buy the company report.

Designated partners of Otex Designs LLP

Otex Designs has 2 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Vikashchandra Kailaschandra ShuklaDesignated Partner19 Jul 201610 Years 3 MonthsCurrent
Krishna Devender GiriDesignated Partner19 Jul 201610 Years 3 MonthsCurrent

Charges & borrowings

Open charges
₹18.55 Cr
Satisfied charges
₹5.6 Cr
Breakdown by lending institutions
State Bank of India₹15.00 Cr
The Saraswat Co Op Bank Ltd₹1.50 Cr
Tata Capital Financial Services Limited₹1.36 Cr
Siemens Financial Services Private Limited₹0.38 Cr
The Saraswat Co-Operative Bank Ltd.₹0.31 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Mar 2024100958450State Bank of India₹15 CrOpen
04 Feb 2021100416974The Saraswat Co-Operative Bank Ltd.₹30.53 LakhOpen
30 Nov 2020100402694Tata Capital Financial Services Limited₹1.36 CrOpen
30 Sep 2020100381600Siemens Financial Services Private Limited₹38.1 LakhOpen
17 Oct 2018100213226The Saraswat Co Op Bank Ltd₹1.5 CrOpen

To see the full charge records of Otex Designs LLP, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Otex Designs LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Otex Designs LLP has a workforce of 22 employees on its EPFO records as of Jun 2024, across 1 active EPFO establishment.

Employee count
22
Active EPFO establishments
1
Employee growth
-15.4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2024-2522
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20

To see the full employee and EPFO history of Otex Designs LLP, buy the company report.

GST

No GST registration is on our record for Otex Designs LLP; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Otex Designs LLP has 2 designated partner changes on record since 2016: 2 appointments. The latest: Krishna Devender Giri was appointed as Designated Partner on 19 Jul 2016.

AGM
Otex Designs Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Charges
A charge registered on 27 May 2022 via Charge ID 100632627 with The Saraswat Co Operative Bank Limited was fully satisfied on 12 Apr 2024.
Filing
Otex Designs Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 01 Jun 2022 via Charge ID 100631520 with The Saraswat Co Operative Bank Limited was fully satisfied on 28 Mar 2024.
Charges
A charge with State Bank Of India amounted to Rs. 15.00 Cr with Charge ID 100958450 was registered on 18 Mar 2024.
Charges
A charge with The Saraswat Co Operative Bank Limited amounted to Rs. 3.75 Cr with Charge ID 100631520 was registered on 01 Jun 2022.
Charges
A charge with The Saraswat Co Operative Bank Limited amounted to Rs. 1.85 Cr with Charge ID 100632627 was registered on 27 May 2022.
Charges
A charge with The Saraswat Co-Operative Bank Ltd. amounted to Rs. 0.31 Cr with Charge ID 100416974 was registered on 04 Feb 2021.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 1.36 Cr with Charge ID 100402694 was registered on 30 Nov 2020.
Charges
A charge with Siemens Financial Services Private Limited amounted to Rs. 0.38 Cr with Charge ID 100381600 was registered on 30 Sep 2020.
Charges
A charge with The Saraswat Co Op Bank Ltd of Rs. 1.50 Cr registered on 17 Oct 2018 with Charge ID 100213226 was modified on 24 Jul 2020.
Charges
A charge with The Saraswat Co Op Bank Ltd amounted to Rs. 1.50 Cr with Charge ID 100213226 was registered on 17 Oct 2018.

3 earlier events are in the company report.

Frequently asked questions

Otex Designs is an active limited liability partnership based in Thane, Maharashtra, India. The LLP works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 19 July 2016 (10+ years old) and is registered under LLPIN AAG-9597.

Otex Designs has 2 current designated partners:

The latest financial statements of Otex Designs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.

The LLPIN (Limited Liability Partnership Identification Number) of Otex Designs is AAG-9597. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Otex Designs has 14 court cases on record: 14 filed against it. 8 are pending. Most are in the district courts.

Otex Designs was incorporated on 19 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

Krishna Devender Giri was appointed as Designated Partner on 19 Jul 2016. Vikashchandra Kailaschandra Shukla was appointed as Designated Partner on 19 Jul 2016.

Yes, Otex Designs is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0032645).

The registered office of Otex Designs is at H – 17 Chandresh Villa F.G.H Row House Chs Lodha Heaven Nilje Kalyan – Shil Road Do, MbiviliE, Thane, Maharashtra, India – 421204.

Otex Designs operates in the consumer electronics and durables industry, in the furniture manufacturing segment.