DPIIT recognised startup Government of India
Startup India
Patil Comforts Private Limited
Patil Comforts Private Limited - consumer goods in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹50.76 Lakh
▼ 25% YoY
Net loss · FY 2024
₹4.78 Lakh
Net margin -9.4%
EBITDA · FY 2024
-₹4.61 Lakh
EBITDA margin -9.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Patil Comforts Private Limited
Data last updated:
Patil Comforts Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 26 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36999KA2019PTC131061. Its GSTIN is 29AAKCP9572H1ZO (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anand and Shridevi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.430/1 Byrathi Bande Kannur Main Road Kannur Post, Bangalore, Karnataka, India – 562149.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.76 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹4.78 Lakh (net margin -9.4%) and EBITDA of -₹4.61 Lakh (EBITDA margin -9.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
Company Details of Patil Comforts Private Limited
CIN U36999KA2019PTC131061
Registration Number 131061
Incorporation Date 26 December 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Key People
Anand Director Shridevi Director Recognitions & Rankings of Patil Comforts
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.430/1 Byrathi Bande Kannur Main Road Kannur Post, Bangalore, Karnataka, India – 562149
- IndustryConsumer Goods, Home Furnishings Manufacturing
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Business Activity of Patil Comforts Private Limited
The main business activity of Patil Comforts is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Patil Comforts Private Limited FY 2024 filings available
Patil Comforts Private Limited reported revenue of ₹50.76 Lakh (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹50.76 Lakh ▼ 25%
Net loss · FY 2024
₹4.78 Lakh margin -9.4%
EBITDA · FY 2024
-₹4.61 Lakh margin -9.1%
Compounded Annual Growth Rate (CAGR) of Patil Comforts Private Limited
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 27%
EBITDA CAGR growth
3 years · compounded
▼ 19%
Revenue fell 25% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 27%. 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 of Patil Comforts Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.78 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 of Patil Comforts Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Patil Comforts are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Peer Comparison of Patil Comforts Private Limited
Patil Comforts Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Premier Fabrics International Private Limited | ₹52.06 Lakh (FY 2017) | •••• | •••• | 303.0% | •••• | Bangalore, Karnataka, India |
| Eros Fashion Private Limited | ₹51.92 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| PM Cucine Lube India Private Limited | ₹51.54 Lakh (FY 2017) | •••• | •••• | -69.0% | •••• | New Delhi, Delhi, India |
| Luxeron Private Limited | ₹50.84 Lakh (FY 2024) | •••• | •••• | 55.0% | •••• | Delhi, India |
| Drapery Store (OPC) Private Limited | ₹50.81 Lakh (FY 2024) | •••• | •••• | 55.0% | •••• | Gurgaon, Haryana, India |
| Patil Comforts Private Limited this company | ₹50.76 Lakh (FY 2024) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Cabana Hospitality Private Limited | ₹49.87 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Jaipur, Rajasthan, India |
| Indus Lane Designs Private Limited | ₹49.64 Lakh (FY 2024) | •••• | •••• | •••• | Gurugram, Haryana, India | |
| Heinston Textile Private Limited | ₹49.6 Lakh (FY 2024) | •••• | •••• | •••• | Ludhiana, Punjab, India | |
| D C Mills Private Limited | ₹48.81 Lakh (FY 2020) | •••• | •••• | -89.0% | •••• | Alapuzha, Kerala, India |
| Invitation Apparels Private Limited | ₹48.65 Lakh (FY 2025) | •••• | •••• | 63.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Patil Comforts by revenue in the Consumer Products industry (Home Furnishings Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Patil Comforts Private Limited
Patil Comforts Private Limited is audited by VINOD SINGHAL & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINOD SINGHAL & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Patil Comforts Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Patil Comforts Private Limited
Patil Comforts Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Patil Comforts Private Limited
Employment history and EPFO contributions of people linked to Patil Comforts.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Patil Comforts Private Limited
Patil Comforts Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Anand was appointed as Director on 26 Dec 2019.
AGM
Patil Comforts Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Patil Comforts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Anand was appointed as Director.
Appointed
Shridevi was appointed as Director.
Incorporation
26 Dec 2019
Patil Comforts Private Limited was registered on 26 Dec 2019 with Roc Bangalore & aged 6 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Patil Comforts Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Patil Comforts Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Patil Comforts Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Patil Comforts Private Limited
Patil Comforts has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP9572H1ZO | Karnataka | Active | 27 Apr 2020 |
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GST registrations and filing compliance
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MCA Filings & Documents of Patil Comforts Private Limited
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MCA filings and documents
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Frequently Asked Questions about Patil Comforts Private Limited
Patil Comforts is an active private limited company based in Bangalore, Karnataka, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 26 December 2019 (7+ years old) and is registered under CIN U36999KA2019PTC131061.
Patil Comforts reported revenue of ₹50.76 Lakh for FY 2024 (down 25% YoY).
Patil Comforts reported a net loss of ₹4.78 Lakh (net margin -9.4%) and EBITDA of -₹4.61 Lakh (EBITDA margin -9.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Patil Comforts is 27% over three years. In the latest year (FY 2024) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Patil Comforts is 29AAKCP9572H1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Patil Comforts is U36999KA2019PTC131061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patil Comforts was incorporated on 26 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Patil Comforts by revenue are Premier Fabrics International Private Limited, Eros Fashion Private Limited, PM Cucine Lube India Private Limited, Luxeron Private Limited, Drapery Store (OPC) Private Limited and 5 more, all in the Consumer Products industry (Home Furnishings Manufacturers).
Anand was appointed as Director on 26 Dec 2019. Shridevi was appointed as Director on 26 Dec 2019.
Yes, Patil Comforts is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).