DPIIT recognised startup Government of India
Startup India
Prasail Textiles Private Limited
Prasail Textiles Private Limited - textile in Hyderabad, Telangana, India. Directors, charges & compliance details.
Revenue · FY 2024
₹73.21 Lakh
▼ 1% YoY
Net profit · FY 2024
₹1.28 Lakh
Net margin 1.7%
EBITDA · FY 2024
₹10.2 Lakh
EBITDA margin 13.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹33.69 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Prasail Textiles Private Limited
Data last updated:
Prasail Textiles Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the manufacturing segment of the textiles sector. It was incorporated on 26 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U17299TG2021PTC150120.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kumar Bille Prasanna and Veena Bhangi.
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 H No 6 – 1 – 1076 Noori Square Building Khairatabad, Hyderabad, Telangana, India – 500004.
As per the financials filed for FY 2024, the company reported a revenue of ₹73.21 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.28 Lakh (net margin 1.7%) and EBITDA of ₹10.2 Lakh (EBITDA margin 13.9%).
As per MCA filings, the company has open charges of ₹33.69 Lakh on record.
Prasail Textiles Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0024268).
Company details
CIN U17299TG2021PTC150120
Registration Number 150120
Incorporation Date 26 March 2021
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0024268
Recognitions & Rankings of Prasail Textiles
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-TS-02-0024268
Contact details
Prasail Textiles Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressH No 6 – 1 – 1076 Noori Square Building Khairatabad, Hyderabad, Telangana, India – 500004
- IndustryTextile, Manufacturing, Textile
Comprehensive company report
Prasail Textiles 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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Business activity
The main business activity of Prasail Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Prasail Textiles Private Limited, buy the company report.
Financials of Prasail Textiles Private Limited
FY 2024 filings availablePrasail Textiles Private Limited reported revenue of ₹73.21 Lakh (down 1% YoY) for FY 2024.
Revenue · FY 2024
₹73.21 Lakh ▼ 1%
Net profit · FY 2024
₹1.28 Lakh margin 1.7%
EBITDA · FY 2024
₹10.2 Lakh margin 13.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
EBITDA CAGR growth
1 year
▲ 128%
Revenue fell 1% in the latest year. EBITDA rose 128% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | ₹10.2 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.28 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.9% | |||
| Net Profit Margin | 1.7% | |||
| 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 Prasail Textiles Private Limited, buy the company report.
Board of directors of Prasail Textiles Private Limited
Prasail Textiles has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Bille Prasanna | Director | 26 Mar 2021 | 5 Years 7 Months | Current |
| Veena Bhangi | Director | 26 Mar 2021 | 5 Years 7 Months | Current |
| Nata Raju Bille | Director | 26 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Prasail Textiles Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hrudeshwar Textiles Private Limited | ₹73.38 Lakh (FY 2025) | -3.0% | Shirpur, Maharashtra, India | |||
| Selvalakshmi Spintex India Private Limited | ₹73.3 Lakh (FY 2024) | -52.0% | Tiruchengode, Tamil Nadu, India | |||
| Prasail Textiles Private Limitedthis company | ₹73.21 Lakh (FY 2024) | ₹1.28 Lakh | 1.7% | -1.0% | Hyderabad, Telangana, India | |
| Deepak Fibres Limited | ₹73.17 Lakh (FY 2025) | -77.0% | Punjab, India | |||
| Aadarsh Cotex Private Limited | ₹73.14 Lakh (FY 2025) | -5.0% | Shirpur, Maharashtra, India |
To see the full peer comparison of Prasail Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹33.69 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2021 | 100539981 | Hdfc Bank Limited | ₹21.18 Lakh | Open | |
| 28 Sep 2021 | 100509438 | Hdfc Bank Limited | ₹12.51 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Prasail Textiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prasail Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prasail Textiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prasail Textiles Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Kumar Bille Prasanna was appointed as Director on 26 Mar 2021.
AGM
Prasail Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Prasail Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 21.18 Lakh with Charge ID 100539981 was registered on 20 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.51 Lakh with Charge ID 100509438 was registered on 28 Sep 2021.
Appointed
Kumar Bille Prasanna was appointed as Director.
Appointed
Nata Raju Bille was appointed as Director.
Appointed
Veena Bhangi was appointed as Director.
Incorporation
26 Mar 2021
Prasail Textiles Private Limited was registered on 26 Mar 2021 with Roc Hyderabad & aged 5 years 7 months as per MCA records.
Frequently asked questions
Prasail Textiles is an active private limited company based in Hyderabad, Telangana, India. The company works in manufacturing, within the textile industry. It was incorporated on 26 March 2021 (5+ years old) and is registered under CIN U17299TG2021PTC150120.
Prasail Textiles has 3 current directors:
- Kumar Bille Prasanna - Director
- Veena Bhangi - Director
- Nata Raju Bille - Director
The latest financial statements of Prasail Textiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Prasail Textiles is U17299TG2021PTC150120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prasail Textiles was incorporated on 26 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Prasail Textiles by revenue are Hrudeshwar Textiles Private Limited, Selvalakshmi Spintex India Private Limited, Deepak Fibres Limited, Aadarsh Cotex Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kumar Bille Prasanna was appointed as Director on 26 Mar 2021. Nata Raju Bille was appointed as Director on 26 Mar 2021. Veena Bhangi was appointed as Director on 26 Mar 2021.
Yes, Prasail Textiles is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Prasail Textiles is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0024268).
The registered office of Prasail Textiles is at H No 6 – 1 – 1076 Noori Square Building Khairatabad, Hyderabad, Telangana, India – 500004.
Prasail Textiles operates in the textile industry, in the manufacturing segment.
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