Prakalp Textiles Private Limited
About Prakalp Textiles Private Limited
Data last updated:
Prakalp Textiles Private Limited was a private limited company based in Indore, Madhya Pradesh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 01 May 2006.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U51494MP2006PTC018630. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹7.51 Lakh. It was formerly known as Prakalp Arts Private Limites. It was led by directors Luv Kumar Saboo and Ajay Kathuria.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 12 – B Pragati Vihar Colony Bicholi Mardana, Indore, Madhya Pradesh, India – 452016.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.29 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.41 Lakh (net margin 38.3%) and EBITDA of ₹3.4 Lakh (EBITDA margin 54%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 35% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Prakalp Textiles Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12 – B Pragati Vihar Colony Bicholi Mardana, Indore, Madhya Pradesh, India – 452016
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Prakalp Textiles 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
Financials of Prakalp Textiles Private Limited
FY 2022 filings availablePrakalp Textiles Private Limited reported revenue of ₹6.29 Lakh (up 1% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 35%. EBITDA fell 4% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.29 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.41 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54% | ||||
| Net Profit Margin | 38.3% | ||||
| 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 Prakalp Textiles Private Limited, buy the company report.
Board of directors of Prakalp Textiles Private Limited
Prakalp Textiles 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 |
|---|---|---|---|---|
| Luv Kumar Saboo Also directs: Kushagra Private Limited | Director | 27 Jan 2010 | 16 Years 9 Months | As last reported |
| Ajay Kathuria | Director | 04 May 2007 | 19 Years 5 Months | As last reported |
Peer comparison
Prakalp Textiles Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hitech Fashion Wear Private Limited | ₹6.3 Lakh (FY 2024) | 2.0% | New Delhi, Delhi, India | |||
| Prakalp Textiles Private Limitedthis company | ₹6.29 Lakh (FY 2022) | ₹2.41 Lakh | 38.3% | 1.0% | Indore, Madhya Pradesh, India | |
| Yunima Marketing Services Private Limited | ₹6.29 Lakh (FY 2018) | New Delhi, Delhi, India | ||||
| Carousel Design Private Limited | ₹6.28 Lakh (FY 2025) | -94.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Prakalp Textiles Private Limited, buy the company report.
Auditor
Prakalp Textiles Private Limited is audited by S P MOONDRA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P MOONDRA & CO | FY 2021 | 004879C |
Shareholding
The shareholding of Prakalp Textiles Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Prakalp Textiles Private Limited, buy the company report.
Legal cases
Prakalp Textiles Private Limited has 1 court case on record: 1 filed by Prakalp Textiles. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Indore | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Prakalp Textiles 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 Prakalp Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prakalp Textiles has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prakalp Textiles Private Limited, buy the company report.
Recent activity
Prakalp Textiles Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Kalpana Somani ceased to be Director on 27 Jan 2010.
Frequently asked questions
Prakalp Textiles has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Prakalp Textiles was a private limited company based in Indore, Madhya Pradesh, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 01 May 2006 and is registered under CIN U51494MP2006PTC018630. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Prakalp Textiles was incorporated on 01 May 2006. It is registered with the Registrar of Companies, Gwalior.
Prakalp Textiles had 2 directors:
- Luv Kumar Saboo - Director
- Ajay Kathuria - Director
The CIN (Corporate Identification Number) of Prakalp Textiles is U51494MP2006PTC018630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Prakalp Textiles is at 12 – B Pragati Vihar Colony Bicholi Mardana, Indore, Madhya Pradesh, India – 452016.
The latest financial statements of Prakalp Textiles on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Prakalp Textiles has 1 GST registration on record and it is cancelled or inactive.
Prakalp Textiles operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Prakalp Textiles by revenue are Hitech Fashion Wear Private Limited, Yunima Marketing Services Private Limited, Carousel Design Private Limited, all in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (retail trading).
Prakalp Textiles has 1 court case on record: 1 filed by the company.