MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0039910
Outshiny India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹218.25 Cr
▲ 27% YoY
Net profit · FY 2025
₹4.18 Cr
Net margin 1.9%
EBITDA · FY 2025
₹19.37 Cr
EBITDA margin 8.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.55 Cr
Issued & subscribed
Open charges
₹125.41 Cr
Satisfied ₹13.62 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
1,944
Provident fund records
About Outshiny India Private Limited
Data last updated:
Outshiny India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer hardware manufacturing and retail segment of the technology and IT services sector. It was incorporated on 28 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC076092. Its GSTIN is 29AACCO0442R1Z1 (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.55 Cr. It was formerly known as Outshiny India Apparels Private Limited. It is led by directors Srikanth and Sridhar Thirunakar.
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 # 17 8th B Cross 8th B Main Narayanappa Layout Thindlu Ganesh Nagar Vidyaranyapura, Bangalore, Karnataka, India – 560097.
As per the financials filed for FY 2025, the company reported a revenue of ₹218.25 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹4.18 Cr (net margin 1.9%) and EBITDA of ₹19.37 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over five years.
The company has about 1,944 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Outshiny. As per MCA filings, the company has open charges of ₹125.41 Cr and satisfied charges of ₹13.62 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Outshiny India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0039910). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website outshiny.com.
Company details
CIN U74900KA2014PTC076092
Registration Number 076092
Incorporation Date 28 August 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0039910
Key People
Srikanth Director Sridhar Thirunakar Director Recognitions & Rankings of Outshiny India
Contact details
Outshiny India Private Limited's registered office is in Bangalore, Karnataka. Its website is outshiny.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 17 8th B Cross 8th B Main Narayanappa Layout Thindlu Ganesh Nagar Vidyaranyapura, Bangalore, Karnataka, India – 560097
- IndustryInformation Technology, Computer Hardware Manufacturing & Retail
To see the full contact details of Outshiny India Private Limited, buy the company report.
Comprehensive company report
Outshiny India Private Limited - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Outshiny India operates one associated brand: Outshiny. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and a private label brand for bags | outshiny.com |
Business activity
The main business activity of Outshiny India 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 Outshiny India Private Limited, buy the company report.
Financials of Outshiny India Private Limited
FY 2025 filings availableOutshiny India Private Limited reported revenue of ₹218.25 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹218.25 Cr ▲ 27%
Net profit · FY 2025
₹4.18 Cr margin 1.9%
EBITDA · FY 2025
₹19.37 Cr margin 8.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 36%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 27% growth in the latest year. EBITDA rose 36% 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 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 | ₹218.25 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.18 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Outshiny India Private Limited, buy the company report.
Board of directors of Outshiny India Private Limited
Outshiny India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srikanth | Director | 28 Aug 2014 | 12 Years 1 Months | Current |
| Sridhar Thirunakar | Director | 28 Aug 2014 | 12 Years 1 Months | Current |
Peer comparison
Outshiny India Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Computer Hardware, Lifestyle and Accessories Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Jak Group Private Limited | ₹255.24 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Permeshwar Creations Private Limited | ₹254.84 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Alpine Apparels Private Limited | ₹228.27 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Outshiny India Private Limitedthis company | ₹218.25 Cr (FY 2025) | ₹4.18 Cr | 1.9% | 27.0% | 1,944 | Bangalore, Karnataka, India |
| V2 Smart Manufacturing Private Limited | ₹205.48 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Sports and Leisure Apparel Limited | ₹203.1 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India |
To see the full peer comparison of Outshiny India Private Limited, buy the company report.
Auditor
Outshiny India Private Limited is audited by V R J A and Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V R J A and Associates | FY 2025 | 017539S |
Shareholding
The shareholding of Outshiny India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Outshiny India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹125.41 Cr
Satisfied charges
₹13.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2024 | 100990764 | Others | ₹25 Cr | Open | |
| 30 Nov 2022 | 100647999 | The Hongkong and Shanghai Banking Corporation Limited | ₹25 Cr | Open | |
| 11 Jan 2022 | 100525243 | Axis Bank Limited | ₹23.03 Lakh | Open | |
| 03 Feb 2020 | 100324845 | Axis Bank Limited | ₹75.18 Cr | Open | |
| 11 Jan 2021 | 100415838 | Others | ₹7 Cr | Satisfied |
To see the full charge records of Outshiny India Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Outshiny India Private Limited has 3 court cases on record: 3 filed by Outshiny India. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Tobile Technologies India Pvt Ltd and 1 other | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Tobile Technologies India Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Petition | Filed by the company against Dee Ess Engineers India Project Pvt Ltd., | Disposed |
To see the full case history of Outshiny India Private 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
Outshiny India Private Limited was last rated by Care on 21 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 21 Mar 2022 |
To see the full credit ratings and regulatory alerts of Outshiny India Private Limited, buy the company report.
MSME payment delays
Outshiny India Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 33 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Threads (India) Private Limited | |||
| an individual supplier | |||
| Unipack Polyfoams Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Outshiny India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Outshiny India Private Limited has a workforce of 1,944 employees on its EPFO records as of Sep 24, 2025, across 2 active EPFO establishments.
Employee count
1,944
Active EPFO establishments
2
Employee growth
13.68%
GST
Outshiny India has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCO0442R1Z1 | Karnataka | Active | 01 Jul 2017 |
| 06AACCO0442R1Z9 | Haryana | Active | 13 Dec 2021 |
| 27AACCO0442R1Z5 | Maharashtra | Active | 20 Dec 2021 |
| 33AACCO0442R1ZC | Tamil Nadu | Active | 27 Feb 2023 |
To see the full GST registrations and return filing status of Outshiny India Private Limited, buy the company report.
Recent activity
Outshiny India Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Sridhar Thirunakar was appointed as Director on 28 Aug 2014.
AGM
Outshiny India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 25.00 Cr registered on 28 Sep 2024 with Charge ID 100990764 was modified on 31 May 2025.
Filing
Outshiny India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 28 Apr 2017 via Charge ID 100097048 with Others was fully satisfied on 16 Oct 2024.
Charges
A charge registered on 20 Mar 2019 via Charge ID 100253513 with Axis Bank Limited was fully satisfied on 14 Oct 2024.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100990764 was registered on 28 Sep 2024.
Charges
A charge with Axis Bank Limited of Rs. 75.18 Cr registered on 03 Feb 2020 with Charge ID 100324845 was modified on 20 Oct 2023.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 25.00 Cr registered on 30 Nov 2022 with Charge ID 100647999 was modified on 07 Jun 2023.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 25.00 Cr with Charge ID 100647999 was registered on 30 Nov 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100525243 was registered on 11 Jan 2022.
Charges
A charge registered on 11 Jan 2021 via Charge ID 100415838 with Others was fully satisfied on 01 Jan 2022.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100415838 was registered on 11 Jan 2021.
9 earlier events are in the company report.
News
Frequently asked questions
Outshiny India is an active private limited company based in Bangalore, Karnataka, India. The company works in computer hardware manufacturing and retail, within the information technology industry. It was incorporated on 28 August 2014 (12+ years old) and is registered under CIN U74900KA2014PTC076092.
Outshiny India has 2 current directors:
- Srikanth - Director
- Sridhar Thirunakar - Director
The latest financial statements of Outshiny India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Outshiny India is 29AACCO0442R1Z1, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 06AACCO0442R1Z9 (Haryana), 27AACCO0442R1Z5 (Maharashtra), 33AACCO0442R1ZC (Tamil Nadu).
The CIN (Corporate Identification Number) of Outshiny India is U74900KA2014PTC076092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Outshiny India has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the district courts.
Outshiny India was incorporated on 28 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Outshiny India by revenue are Jak Group Private Limited, Permeshwar Creations Private Limited, Alpine Apparels Private Limited, V2 Smart Manufacturing Private Limited, Sports and Leisure Apparel Limited, all in the Consumer Products industry (Computer Hardware, Lifestyle and Accessories Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Sridhar Thirunakar was appointed as Director on 28 Aug 2014. Srikanth was appointed as Director on 28 Aug 2014.
Yes, Outshiny India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0039910).
Outshiny India has 3 MSME Form 1 returns on record between 2021 and 2022, listing 33 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Outshiny India can be reached through the website outshiny.com. Its registered office is in Bangalore, Karnataka, India.