Princess Silks Limited
About Princess Silks Limited
Data last updated:
Princess Silks Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 03 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1998PLC024162. Its GSTIN is 29AACCP3323J1ZE (Karnataka).
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹92.34 Lakh. It is led by directors including Sunil Parasmal Chouhan (Whole-Time Director) and Deepak Parasmal Chouhan (Whole-Time Director).
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 206 Upstairs Corner Jain Temple Street Chickpet Bangalore, Karnataka, India – 560053.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.36 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹17.9 Lakh (net margin 3.3%) and EBITDA of ₹33.64 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 6% over five years.
As per MCA filings, the company has satisfied charges of ₹45 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address206 Upstairs Corner Jain Temple Street Chickpet Bangalore, Karnataka, India – 560053
- IndustryTrading, Other Wholesale, Wholesale
- 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
- One PDF report, delivered after checkout
CIN History of Princess Silks Limited
Princess Silks has one previous CIN (Corporate Identification Number): U17116KA1998PTC024162. The current CIN is U85110KA1998PLC024162, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1998PLC024162 | Current |
| U17116KA1998PTC024162 | Previous |
Business Activity of Princess Silks Limited
The main business activity of Princess Silks is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Princess Silks Limited
Princess Silks Limited is audited by H M GIRYA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H M GIRYA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Princess Silks Limited
Princess Silks has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Parasmal Chouhan | Whole-Time Director | 03 Sep 1998 | 28 Years 1 Months | Current |
| Deepak Parasmal Chouhan | Whole-Time Director | 08 Feb 2008 | 18 Years 7 Months | Current |
| Sunil Sangeetha | Whole-Time Director | 08 Nov 2017 | 8 Years 10 Months | Current |
Financials of Princess Silks Limited FY 2024 filings available
Princess Silks Limited reported revenue of ₹5.36 Cr (up 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Princess Silks Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 69% growth in the latest year. EBITDA rose 154% 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 of Princess Silks Limited
| 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 | ₹33.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.9 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 Princess Silks Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Princess Silks are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Princess Silks Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Princess Silks Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2009 | State Bank of Mysore | ₹45 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Princess Silks Limited
Employment history and EPFO contributions of people linked to Princess Silks.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Princess Silks Limited
Princess Silks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCP3323J1ZE | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Princess Silks Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Princess Silks Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Princess Silks Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Princess Silks Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Princess Silks Limited
Frequently Asked Questions about Princess Silks Limited
Princess Silks is an active public limited company based in Bangalore, Karnataka, India. The company works in other wholesale, within the trading industry. It was incorporated on 03 September 1998 (28+ years old) and is registered under CIN U85110KA1998PLC024162.
Princess Silks reported revenue of ₹5.36 Cr for FY 2025 (up 69% YoY).
Princess Silks has 3 current directors:
- Sunil Parasmal Chouhan - Whole-Time Director
- Deepak Parasmal Chouhan - Whole-Time Director
- Sunil Sangeetha - Whole-Time Director
Princess Silks reported a net profit of ₹17.9 Lakh (net margin 3.3%) and EBITDA of ₹33.64 Lakh (EBITDA margin 6.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Princess Silks is 12% over three years and 6% over five years. In the latest year (FY 2025) revenue rose 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Princess Silks is 29AACCP3323J1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Princess Silks is U85110KA1998PLC024162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Princess Silks was incorporated on 03 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Princess Silks is at 206 Upstairs Corner Jain Temple Street Chickpet Bangalore, Karnataka, India – 560053.