MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-AP-01-0009204
Palla Silks Private Limited
Palla Silks Private Limited - fashion and textile in Hindupur, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹21.67 Cr
▼ 41% YoY
Net profit · FY 2020
₹9.41 Lakh
Net margin 0.4%
EBITDA · FY 2020
₹1.68 Cr
EBITDA margin 7.8%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.79 Cr
Issued & subscribed
Open charges
₹14.49 Cr
Satisfied ₹8 Cr
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Palla Silks Private Limited
Data last updated:
Palla Silks Private Limited is a private limited company based in Hindupur, Andhra Pradesh, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 07 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U17120AP2014PTC095008. Its GSTIN is 37AAHCP7951R1ZE (Andhra Pradesh).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.79 Cr. It is led by directors Palla Ashok Kumar (Managing Director) and Palla Lakshmi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 27 – 7 – 368 Near Panduranga Swamy Temple Muddireddypalli, Hindupur, Andhra Pradesh, India – 515201.
As per the financials filed for FY 2020, the company reported a revenue of ₹21.67 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹9.41 Lakh (net margin 0.4%) and EBITDA of ₹1.68 Cr (EBITDA margin 7.8%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹14.49 Cr and satisfied charges of ₹8 Cr on record. Court records list 15 cases involving the company, including 15 filed against it; 15 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹2.78 Cr; the latest was in March 2015.
Palla Silks Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-01-0009204). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17120AP2014PTC095008
Registration Number 095008
Incorporation Date 07 August 2014
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-AP-01-0009204
Recognitions & Rankings of Palla Silks
Contact details
Palla Silks Private Limited's registered office is in Hindupur, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address27 – 7 – 368 Near Panduranga Swamy Temple Muddireddypalli, Hindupur, Andhra Pradesh, India – 515201
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Palla Silks Private Limited, buy the company report.
Comprehensive company report
Palla Silks 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
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Financials of Palla Silks Private Limited
FY 2020 filings availablePalla Silks Private Limited reported revenue of ₹21.67 Cr (down 41% YoY) for FY 2020.
Revenue · FY 2020
₹21.67 Cr ▼ 41%
Net profit · FY 2020
₹9.41 Lakh margin 0.4%
EBITDA · FY 2020
₹1.68 Cr margin 7.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 23%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 13%
5 years · compounded
▲ 18%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 41% fall in the latest year. EBITDA fell 22% 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 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 | ₹21.67 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.41 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Palla Silks Private Limited, buy the company report.
Board of directors of Palla Silks Private Limited
Palla Silks has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palla Ashok Kumar | Managing Director | 07 Aug 2014 | 12 Years 2 Months | Current |
| Palla Lakshmi | Whole-Time Director | 07 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Palla Silks Private Limited is audited by M M REDDY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M REDDY & CO | FY 2020 | 010371S |
Shareholding
The shareholding of Palla Silks Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palla Silks Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.49 Cr
Satisfied charges
₹8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2020 | 100390172 | Others | ₹2.4 Cr | Open | |
| 24 Jul 2017 | 100149413 | Others | ₹9 Lakh | Open | |
| 10 Feb 2016 | 100047458 | Others | ₹12 Cr | Open | |
| 17 Apr 2015 | 10573219 | State Bank of India | ₹8 Cr | Satisfied |
To see the full charge records of Palla Silks Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Palla Silks Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹2.78 Cr; the latest was in March 2015.
Total deals
1
Funding round
1
Disclosed funding
₹2.78 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Funding round | ₹2.78 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Palla Silks Private Limited has 15 court cases on record: 15 filed against it. All cases are pending.
Total cases
15
Filed against the company
15
Pending
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 9 | 9 |
| District courts | 6 | 6 | 6 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (CRL OP) | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Pending |
To see the full case history of Palla Silks 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palla Silks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palla Silks has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAHCP7951R1ZE | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palla Silks Private Limited, buy the company report.
Recent activity
Palla Silks Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Palla Ashok Kumar was appointed as Managing Director on 07 Aug 2014.
AGM
Palla Silks Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2.40 Cr with Charge ID 100390172 was registered on 20 Aug 2020.
Filing
Palla Silks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Vijayawada.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100149413 was registered on 24 Jul 2017.
Charges
A charge with Others of Rs. 12.00 Cr registered on 10 Feb 2016 with Charge ID 100047458 was modified on 08 Jun 2017.
Charges
A charge registered on 17 Apr 2015 via Charge ID 10573219 with State Bank Of India was fully satisfied on 04 Apr 2016.
Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100047458 was registered on 10 Feb 2016.
Charges
A charge with State Bank Of India amounted to Rs. 8.00 Cr with Charge ID 10573219 was registered on 17 Apr 2015.
Appointed
Palla Ashok Kumar was appointed as Managing Director.
Appointed
Palla Lakshmi was appointed as Whole-Time Director.
Incorporation
07 Aug 2014
Palla Silks Private Limited was registered on 07 Aug 2014 with Roc Vijayawada & aged 12 years 2 months as per MCA records.
Frequently asked questions
Palla Silks is an active private limited company based in Hindupur, Andhra Pradesh, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 07 August 2014 (12+ years old) and is registered under CIN U17120AP2014PTC095008.
Palla Silks has 2 current directors:
- Palla Ashok Kumar - Managing Director
- Palla Lakshmi - Whole-Time Director
The latest financial statements of Palla Silks on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Palla Silks is 37AAHCP7951R1ZE, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Palla Silks is U17120AP2014PTC095008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palla Silks has 15 court cases on record: 15 filed against it. 15 are pending. Most are in the high courts.
Palla Silks was incorporated on 07 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Palla Silks has 1 deal on record (1 funding round), with disclosed funding of ₹2.78 Cr; the latest was in March 2015.
Palla Ashok Kumar was appointed as Managing Director on 07 Aug 2014. Palla Lakshmi was appointed as Whole-Time Director on 07 Aug 2014.
Yes, Palla Silks is registered as a small enterprise under Udyam registration (number: UDYAM-AP-01-0009204).