Prism Flexible Solutions Private Limited
About Prism Flexible Solutions Private Limited
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Prism Flexible Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 18 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25203MH2012PTC233493. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Amit Vinodbhai Shukla and Kiran Phulpagar.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹25.59 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹28.85 Lakh (net margin 1.1%) and EBITDA of ₹39.52 Lakh (EBITDA margin 1.5%).
As per MCA filings, the company has open charges of ₹16.33 Lakh on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prism Flexible Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 001 Khush Prestige Vipee Chsl Plot No. Jawahar Nagar Road No. 13 Goregaon (We, St), Mumbai, Maharashtra, India – 400104
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Prism Flexible Solutions 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
Business activity
The main business activity of Prism Flexible Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Prism Flexible Solutions Private Limited, buy the company report.
Financials of Prism Flexible Solutions Private Limited
FY 2018 filings availablePrism Flexible Solutions Private Limited reported revenue of ₹25.59 Cr (down 24% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year. EBITDA rose 119% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹25.59 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹39.52 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹28.85 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.5% | |||
| Net Profit Margin | 1.1% | |||
| 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 Prism Flexible Solutions Private Limited, buy the company report.
Board of directors of Prism Flexible Solutions Private Limited
Prism Flexible Solutions has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Phulpagar | Additional Director | 15 Sep 2021 | 5 Years 1 Months | Current |
| Amit Vinodbhai Shukla Also directs: Vishwakarma Creations Pvt Ltd | Director | 29 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Prism Flexible Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prism Flexible Solutions Private Limitedthis company | ₹25.59 Cr (FY 2018) | ₹28.85 Lakh | 1.1% | -24.0% | Mumbai, Maharashtra, India | |
| Sparrowclassic Trends Private Limited | ₹25.54 Cr (FY 2025) | 18.0% | Delhi, India | |||
| Yashvi Syntex Private Limited | ₹25.52 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Mayana Enterprises Private Limited | ₹25.5 Cr (FY 2024) | -47.0% | Mumbai, Maharashtra, India | |||
| Franktex Enterprises Private Limited | ₹25.41 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Prism Flexible Solutions Private Limited, buy the company report.
Auditor
Prism Flexible Solutions Private Limited is audited by S N KABRA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N KABRA & CO | FY 2018 | 003439C |
Shareholding
The shareholding of Prism Flexible Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prism Flexible Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2018 | 100229727 | Axis Bank Limited | ₹16.33 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Prism Flexible Solutions Private Limited has 10 court cases on record: 1 filed by Prism Flexible Solutions, 9 filed against it. 6 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 6 | 6 | 5 |
| NCLT | 3 | 2 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Insolvency matter | Filed by the company against Raftech Multitraders Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Pegasus Inland Container Depot Pvt Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Santanu T Ray Liquidator of Neo Corp International Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by individuals | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Pending |
To see the full case history of Prism Flexible Solutions 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 Prism Flexible Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prism Flexible Solutions 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 Prism Flexible Solutions Private Limited, buy the company report.
Recent activity
Prism Flexible Solutions Private Limited has 12 board changes on record since 2015: 2 appointments and 10 cessations. The latest: Rukmini Sahu ceased to be Director on 17 Sep 2021.
4 earlier events are in the company report.
Frequently asked questions
Prism Flexible Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 18 July 2012 (14+ years old) and is registered under CIN U25203MH2012PTC233493.
Prism Flexible Solutions has 2 current directors:
- Kiran Phulpagar - Additional Director
- Amit Vinodbhai Shukla - Director
The latest financial statements of Prism Flexible Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Prism Flexible Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Prism Flexible Solutions is U25203MH2012PTC233493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prism Flexible Solutions has 10 court cases on record: 1 filed by the company and 9 filed against it. 6 are pending. Most are in the nclat.
Prism Flexible Solutions was incorporated on 18 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prism Flexible Solutions by revenue are Sparrowclassic Trends Private Limited, Yashvi Syntex Private Limited, Mayana Enterprises Private Limited, Franktex Enterprises Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Rukmini Sahu ceased to be Director on 17 Sep 2021. Kiran Phulpagar was appointed as Additional Director on 15 Sep 2021. Umakant Mishra ceased to be Director on 23 Apr 2018. Prism Flexible Solutions has 12 board changes on record in total.
The registered office of Prism Flexible Solutions is at Flat No. 001 Khush Prestige Vipee Chsl Plot No. Jawahar Nagar Road No. 13 Goregaon We, St, Mumbai, Maharashtra, India – 400104.
Prism Flexible Solutions operates in the home and lifestyle industry, in the textile retail and distribution segment.
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