About Prakash Retail Private Limited
Data last updated:
Prakash Retail Private Limited is a private limited company based in Udupi, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 26 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52335KA1997PTC022698. Its GSTIN is 29AACCP1251H1ZK (Karnataka).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹6.79 Cr. It was formerly known as Prakash Electric Company Private Limited. It is led by directors including Suryaprakash Kappettu (Managing Director) and Suresh Moodanidamboor.
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 Ambalpady Post Udupi, Karnataka, India – 576103.
As per the financials filed for FY 2025, the company reported a revenue of ₹608.28 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹2.43 Cr (net margin 0.4%) and EBITDA of ₹16.48 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 11% over five years.
The company has about 671 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Harsha India. As per MCA filings, the company has open charges of ₹88.29 Cr and satisfied charges of ₹97.88 Cr on record. Court records list 63 cases involving the company, including 30 filed by the company and 33 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harshaindia.com.
Company details
CIN history
Prakash Retail has one previous CIN (Corporate Identification Number): U02920KA1997PTC022698. The current CIN is U52335KA1997PTC022698, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52335KA1997PTC022698 | Current |
| U02920KA1997PTC022698 | Previous |
Contact details
Prakash Retail Private Limited's registered office is in Udupi, Karnataka. Its website is harshaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAmbalpady Post Udupi, Karnataka, India – 576103
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Prakash Retail 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
Brands
Prakash Retail operates one associated brand: Harsha India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retailing of electronics, appliances, and furniture in India. | harshaindia.com |
Business activity
The main business activity of Prakash Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Prakash Retail Private Limited, buy the company report.
Financials of Prakash Retail Private Limited
FY 2025 filings availablePrakash Retail Private Limited reported revenue of ₹608.28 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 21% growth in the latest year. EBITDA rose 6% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.43 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 | 2.7% | ||||
| 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 Prakash Retail Private Limited, buy the company report.
Board of directors of Prakash Retail Private Limited
Prakash Retail has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Moodanidamboor Also directs: Prakash Business Solutions (India) Private Limited | Director | 26 Aug 1997 | 29 Years 1 Months | Current |
| Rajesh Moodnidamboor Also directs: Prakash Business Solutions (India) Private Limited | Director | 26 Aug 1997 | 29 Years 1 Months | Current |
| Harish Moodanidamboor Also directs: Prakash Business Solutions (India) Private Limited | Director | 26 Aug 1997 | 29 Years 1 Months | Current |
| Kappettu Ashok Kumar Also directs: Prakash Business Solutions (India) Private Limited | Director | 26 Aug 1997 | 29 Years 1 Months | Current |
| Suryaprakash Kappettu Also directs: Prakash Business Solutions (India) Private Limited | Managing Director | 30 Apr 1999 | 27 Years 5 Months | Current |
Peer comparison
Prakash Retail Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Value Plus Retail Private Limited | ₹649.39 Cr (FY 2025) | 2.0% | Noida, Uttar Pradesh, India | |||
| Prakash Retail Private Limitedthis company | ₹608.28 Cr (FY 2025) | ₹2.43 Cr | 0.4% | 21.0% | 671 | Udupi, Karnataka, India |
| Umiya Mobile Limited | ₹601.28 Cr (FY 2025) | 33.0% | Rajkot, Gujarat, India | |||
| Akcros Tradelink Private Limited | ₹586.82 Cr (FY 2025) | 7.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Prakash Retail Private Limited, buy the company report.
Auditor
Prakash Retail Private Limited is audited by PRABHAJITH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRABHAJITH & CO | FY 2023 | 0026845 |
Shareholding
The shareholding of Prakash Retail Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prakash Retail Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2025 | 101186531 | Others | ₹44 Lakh | Open | |
| 21 Jun 2025 | 101114758 | Others | ₹8.6 Cr | Open | |
| 21 Jun 2025 | 101114135 | Others | ₹5.24 Cr | Open | |
| 29 Apr 2025 | 101099234 | Others | ₹6 Lakh | Open | |
| 04 Feb 2025 | 101047072 | Others | ₹6.18 Cr | Open |
To see the full charge records of Prakash Retail Private Limited, buy the company report.
Total charge records: 57 View all charges
Legal cases
Prakash Retail Private Limited has 63 court cases on record: 30 filed by Prakash Retail, 33 filed against it. 4 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 49 | 28 | 4 |
| High courts | 13 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Arbitration matter | Filed against the company by Kotak Mahindra Prime Ltd | Disposed |
| District court, Kannur, Kerala | Criminal case | Filed against the company by Niravath Jubily Chits India Pvt Ltd Rep by Its Poa Holder Thankachan KS | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Equitas Small Finance Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Equitas Small Finance Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Bajaj Finance Limited Rep by Rajesh | Disposed |
To see the full case history of Prakash Retail 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
Prakash Retail Private Limited was last rated by Icra on 27 Mar 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Mar 2019 |
To see the full credit ratings and regulatory alerts of Prakash Retail Private Limited, buy the company report.
MSME payment delays
Prakash Retail Private Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 33 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mahesh Channel Partners LLP | |||
| Vijayalakshmi Marketting | |||
| KCM Appliances Private Limited | |||
| Namoo Impex | |||
| Mathias Aluminium Systems Private Limited |
To see the full MSME payment records of Prakash Retail Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Prakash Retail Private Limited has a workforce of 671 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Prakash Retail has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCP1251H1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prakash Retail Private Limited, buy the company report.
Recent activity
Prakash Retail Private Limited has 5 board changes on record since 1997: 5 appointments. The latest: Suryaprakash Kappettu was appointed as Managing Director on 30 Apr 1999.
95 earlier events are in the company report.
Frequently asked questions
Prakash Retail is an active private limited company based in Udupi, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 26 August 1997 (29+ years old) and is registered under CIN U52335KA1997PTC022698.
Prakash Retail has 5 current directors:
- Suryaprakash Kappettu - Managing Director
- Suresh Moodanidamboor - Director
- Rajesh Moodnidamboor - Director
- Harish Moodanidamboor - Director
- Kappettu Ashok Kumar - Director
The latest financial statements of Prakash Retail 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 Prakash Retail is 29AACCP1251H1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Prakash Retail is U52335KA1997PTC022698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prakash Retail has 63 court cases on record: 30 filed by the company and 33 filed against it. 4 are pending. Most are in the district courts.
Prakash Retail was incorporated on 26 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prakash Retail by revenue are Value Plus Retail Private Limited, Umiya Mobile Limited, Akcros Tradelink Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading).
Suryaprakash Kappettu was appointed as Managing Director on 30 Apr 1999. Harish Moodanidamboor was appointed as Director on 26 Aug 1997. Kappettu Ashok Kumar was appointed as Director on 26 Aug 1997. Prakash Retail has 5 board changes on record in total.
Prakash Retail has 4 MSME Form 1 returns on record between 2019 and 2021, listing 33 overdue payments to 19 micro and small suppliers. The latest return was filed on 23 Aug 2021.
Prakash Retail can be reached through the website harshaindia.com. Its registered office is in Udupi, Karnataka, India.
The registered office of Prakash Retail is at Ambalpady Post Udupi, Karnataka, India – 576103.