Panache Interior Solutions Private Limited
About Panache Interior Solutions Private Limited
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Panache Interior Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 31 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2011PTC060992. Its GSTIN is 29AAGCP2707G1ZF (Karnataka).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Locharla Balaji Deepasri and Karthika Nagesh Muthyala.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at No 32 Building No 155/1 Ullal Main Road Ullal Upanagara, Bangalore, Karnataka, India – 560056.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.21 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹49.75 Lakh (net margin -41.1%) and EBITDA of -₹26.17 Lakh (EBITDA margin -21.6%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Panache Interior Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 32 Building No 155/1 Ullal Main Road Ullal Upanagara, Bangalore, Karnataka, India – 560056
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Panache Interior Solutions 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 Panache Interior Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Panache Interior Solutions Private Limited, buy the company report.
Financials of Panache Interior Solutions Private Limited
FY 2018 filings availablePanache Interior Solutions Private Limited reported revenue of ₹1.21 Cr (down 49% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over three years, including a 49% fall in the latest year. EBITDA fell 243% 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 |
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| Total Expenses | ||||
| EBITDA | -₹26.17 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹49.75 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -21.6% | |||
| Net Profit Margin | -41.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Panache Interior Solutions Private Limited, buy the company report.
Board of directors of Panache Interior Solutions Private Limited
Panache Interior Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Locharla Balaji Deepasri | Director | 22 Aug 2014 | 12 Years 2 Months | Current |
| Karthika Nagesh Muthyala | Director | 22 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
Panache Interior Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Professional Services), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siriz Interiors Private Limited | ₹1.22 Cr (FY 2025) | 14.0% | Chennai, Tamil Nadu, India | |||
| Imperial Fernando Ballet Company Private Limited | ₹1.21 Cr (FY 2024) | 3.0% | New Delhi, Delhi, India | |||
| Panache Interior Solutions Private Limitedthis company | ₹1.21 Cr (FY 2018) | -₹49.75 Lakh | -41.1% | -49.0% | Bangalore, Karnataka, India | |
| Prodcontrol (India) Private Limited | ₹1.21 Cr (FY 2025) | -20.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Panache Interior Solutions Private Limited, buy the company report.
Auditor
Panache Interior Solutions Private Limited is audited by JNN & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JNN & Co. | FY 2017 | 221683 |
Shareholding
The shareholding of Panache Interior Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Panache Interior Solutions Private Limited, buy the company report.
Legal cases
Panache Interior Solutions Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Hettich India Pvt.Ltd | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Criminal complaint | Filed against the company by M/S. Tirupati Veneers Pvt. Ltd. Reptd by Its Authorized Representative J.S.S. Srinivas | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Criminal complaint | Filed against the company by M/S Tirupathi Veneers. Pvt.Ltd | Disposed |
To see the full case history of Panache Interior Solutions 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 Panache Interior Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Panache Interior Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCP2707G1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panache Interior Solutions Private Limited, buy the company report.
Recent activity
Panache Interior Solutions Private Limited has 8 board changes on record since 2011: 5 appointments and 3 cessations. The latest: Bhavya Muthyal ceased to be Director on 20 Dec 2018.
Frequently asked questions
Panache Interior Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 31 October 2011 (15+ years old) and is registered under CIN U74900KA2011PTC060992.
Panache Interior Solutions has 2 current directors:
- Locharla Balaji Deepasri - Director
- Karthika Nagesh Muthyala - Director
The latest financial statements of Panache Interior Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Panache Interior Solutions is 29AAGCP2707G1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Panache Interior Solutions is U74900KA2011PTC060992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panache Interior Solutions has 3 court cases on record: 3 filed against it.
Panache Interior Solutions was incorporated on 31 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Panache Interior Solutions by revenue are Siriz Interiors Private Limited, Imperial Fernando Ballet Company Private Limited, Prodcontrol (India) Private Limited, all in the Consumer Services industry (Professional Services), with the same principal business activity (other professional, scientific and technical activities).
Bhavya Muthyal ceased to be Director on 20 Dec 2018. Naganand Muthyal ceased to be Managing Director on 20 Dec 2018. Karthika Nagesh Muthyala was appointed as Director on 22 Aug 2014. Panache Interior Solutions has 8 board changes on record in total.
The registered office of Panache Interior Solutions is at No 32 Building No 1551 Ullal Main Road Ullal Upanagara, Bangalore, Karnataka, India – 560056.
Panache Interior Solutions operates in the travel and hospitality industry, in the consumer professional services segment.
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