MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-07-0058805
Prassana Textile Mills India Private Limited
Prassana Textile Mills India Private Limited - home & lifestyle in Erode, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.05 Cr
▼ 28% YoY
Net loss · FY 2024
₹1.32 Lakh
Net margin -0.2%
EBITDA · FY 2024
₹33.41 Lakh
EBITDA margin 4.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹71 Lakh
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
4
As per MCA filings
About Prassana Textile Mills India Private Limited
Data last updated:
Prassana Textile Mills India Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2012PTC018916. Its GSTIN is 29AAGCP8866L1ZG (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Bhawarlalji Bhandari Chand Gautham Bhandari and Jyoti Manish.
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 51A Laxminaryan Nagar Indira Nagar, Erode, Tamil Nadu, India – 638003.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.05 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹1.32 Lakh (net margin -0.2%) and EBITDA of ₹33.41 Lakh (EBITDA margin 4.7%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹71 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Prassana Textile Mills India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-07-0058805). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17111TZ2012PTC018916
Registration Number 018916
Incorporation Date 06 November 2012
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-07-0058805
Key People
Bhawarlalji Bhandari Chand Gautham Bhandari Director Jyoti Manish Director Lalitha Kumari Bhandari Director Recognitions & Rankings of Prassana Textile Mills India
Contact details
Prassana Textile Mills India Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address51A Laxminaryan Nagar Indira Nagar, Erode, Tamil Nadu, India – 638003
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Prassana Textile Mills India Private Limited, buy the company report.
Comprehensive company report
Prassana Textile Mills India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Prassana Textile Mills India 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 Prassana Textile Mills India Private Limited, buy the company report.
Financials of Prassana Textile Mills India Private Limited
FY 2025 filings availablePrassana Textile Mills India Private Limited reported revenue of ₹7.05 Cr (down 28% YoY) for FY 2024.
Revenue · FY 2024
₹7.05 Cr ▼ 28%
Net loss · FY 2024
₹1.32 Lakh margin -0.2%
EBITDA · FY 2024
₹33.41 Lakh margin 4.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 9%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 9%
5 years · compounded
▲ 6%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 28% fall in the latest year. EBITDA rose 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 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 | ₹33.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.32 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 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | -0.2% | ||||
| 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 Prassana Textile Mills India Private Limited, buy the company report.
Board of directors of Prassana Textile Mills India Private Limited
Prassana Textile Mills India has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhawarlalji Bhandari Chand Gautham Bhandari | Director | 06 Nov 2012 | 14 Years 0 Months | Current |
| Jyoti Manish | Director | 06 Nov 2012 | 14 Years 0 Months | Current |
| Lalitha Kumari Bhandari | Director | 06 Nov 2012 | 14 Years 0 Months | Current |
| Manish | Director | 06 Nov 2012 | 14 Years 0 Months | Current |
Auditor
Prassana Textile Mills India Private Limited is audited by D K JAIN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K JAIN & CO | FY 2020 | 005812S |
Shareholding
The shareholding of Prassana Textile Mills India Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prassana Textile Mills India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹71 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2021 | 100443609 | Indian Overseas Bank | ₹11 Lakh | Open | |
| 13 May 2013 | 10428735 | Indian Overseas Bank | ₹60 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Prassana Textile Mills India Private Limited has 1 court case on record: 1 filed by Prassana Textile Mills India. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Industries Crafts Pvt Ltd Rep by Managing Director Neelam Chhiber | Disposed |
To see the full case history of Prassana Textile Mills India 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 Prassana Textile Mills India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prassana Textile Mills India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCP8866L1ZG | Karnataka | Active | 01 Jul 2017 |
| 33AAGCP8866L1ZR | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prassana Textile Mills India Private Limited, buy the company report.
Recent activity
Prassana Textile Mills India Private Limited has 8 board changes on record since 2012: 4 appointments and 4 cessations. The latest: Bhawarlalji Bhandari Chand Gautham Bhandari ceased to be Director on 31 Mar 2014.
AGM
Prassana Textile Mills India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prassana Textile Mills India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Indian Overseas Bank amounted to Rs. 11.00 Lakh with Charge ID 100443609 was registered on 31 Mar 2021.
Ceased
Bhawarlalji Bhandari Chand Gautham Bhandari ceased to be Director.
Ceased
Jyoti Manish ceased to be Director.
Ceased
Lalitha Kumari Bhandari ceased to be Director.
Ceased
Manish ceased to be Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 60.00 Lakh with Charge ID 10428735 was registered on 13 May 2013.
Appointed
Bhawarlalji Bhandari Chand Gautham Bhandari was appointed as Director.
Appointed
Jyoti Manish was appointed as Director.
Appointed
Lalitha Kumari Bhandari was appointed as Director.
Appointed
Manish was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Prassana Textile Mills India is an active private limited company based in Erode, Tamil Nadu, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 November 2012 (14+ years old) and is registered under CIN U17111TZ2012PTC018916.
Prassana Textile Mills India has 4 current directors:
- Bhawarlalji Bhandari Chand Gautham Bhandari - Director
- Jyoti Manish - Director
- Lalitha Kumari Bhandari - Director
- Manish - Director
The latest financial statements of Prassana Textile Mills India 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 Prassana Textile Mills India is 29AAGCP8866L1ZG, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAGCP8866L1ZR (Tamil Nadu).
The CIN (Corporate Identification Number) of Prassana Textile Mills India is U17111TZ2012PTC018916. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prassana Textile Mills India has 1 court case on record: 1 filed by the company.
Prassana Textile Mills India was incorporated on 06 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Coimbatore.
Bhawarlalji Bhandari Chand Gautham Bhandari ceased to be Director on 31 Mar 2014. Jyoti Manish ceased to be Director on 31 Mar 2014. Lalitha Kumari Bhandari ceased to be Director on 31 Mar 2014. Prassana Textile Mills India has 8 board changes on record in total.
Yes, Prassana Textile Mills India is registered as a small enterprise under Udyam registration (number: UDYAM-TN-07-0058805).
The registered office of Prassana Textile Mills India is at 51A Laxminaryan Nagar Indira Nagar, Erode, Tamil Nadu, India – 638003.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages