About Prorich Shade Systems Private Limited
Data last updated:
Prorich Shade Systems Private Limited is a private limited company based in Sunkadakatte, Karnataka, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 15 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74210KA2011PTC061666. Its GSTIN is 29AAGCP3321G1ZJ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Srikumar Thodanchat and Kuruppath Shyam.
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 Sy.No: 85/6 No.02/A Ramanna Compound Pipeline Road Sollapuradamma Layout, Sunkadakatte, Karnataka, India – 560091.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.31 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹18.3 Lakh (net margin 5.5%) and EBITDA of ₹36 Lakh (EBITDA margin 10.9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 7% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Prorich Shadesystems. As per MCA filings, the company has open charges of ₹1.65 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prorich.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSy.No: 85/6 No.02/A Ramanna Compound Pipeline Road Sollapuradamma Layout, Sunkadakatte, Karnataka, India – 560091
- IndustryConsumer Goods, Home Furnishings Manufacturing
- 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
Business Activity of Prorich Shade Systems Private Limited
The main business activity of Prorich Shade Systems is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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.
Financials of Prorich Shade Systems Private Limited FY 2024 filings available
Prorich Shade Systems Private Limited reported revenue of ₹3.31 Cr (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prorich Shade Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 22% fall in the latest year. EBITDA fell 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 of Prorich Shade Systems Private Limited
| 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 | ₹36 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.3 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Prorich Shade Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.5% | •••• | •••• | •••• | •••• |
| 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 Prorich Shade Systems 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.
Peer Comparison of Prorich Shade Systems Private Limited
Prorich Shade Systems Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Profto Home and Kitchen Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Selection Textile Private Limited | •••• | •••• | •••• | •••• | - | Bhadohi, Uttar Pradesh, India |
| Heirloom Collections Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Cocofoam Mattresses & Furnishings Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Hetalls Global Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Prorich Shade Systems Private Limited this company | •••• | •••• | •••• | •••• | - | Sunkadakatte, Karnataka, India |
| Velocity Chemicals Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Agreenco Fibre Foam Private Limited | •••• | •••• | •••• | •••• | - | Kannur, Kerala, India |
| DRJ Chemicals Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Paramount Impex Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Raiananta Venture Private Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Prorich Shade Systems by revenue in the Consumer Products industry (Home Furnishings Manufacturers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Prorich Shade Systems Private Limited
Prorich Shade Systems Private Limited is audited by GIRIDHARA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GIRIDHARA & ASSOCIATES | 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 Prorich Shade Systems Private Limited
Prorich Shade Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srikumar Thodanchat Also directs: Grorich Horivert Private Limited | Director | 15 Dec 2011 | 14 Years 9 Months | Current |
| Kuruppath Shyam Also directs: Grorich Horivert Private Limited | Director | 15 Dec 2011 | 14 Years 9 Months | Current |
Ownership and Shareholding of Prorich Shade Systems Private 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 Prorich Shade Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2018 | State Bank of India | ₹1.65 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Prorich Shade Systems Private Limited
Prorich Shade Systems operates one associated brand: PRORICH SHADESYSTEMS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of awnings, blinds, and home automation services for window and shading needs. | prorich.co.in |
Employees and EPFO Compliance at Prorich Shade Systems Private Limited
Prorich Shade Systems Private Limited has a workforce of 10 employees as of Apr 05, 2024.
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.
Recent Activity on Prorich Shade Systems Private Limited
Prorich Shade Systems Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Suma Sreekumar ceased to be Director on 14 Mar 2023.
Credit Ratings, Litigation & Regulatory Alerts for Prorich Shade Systems Private 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 Prorich Shade Systems Private 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 Prorich Shade Systems Private 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.
GST Compliance of Prorich Shade Systems Private Limited
Prorich Shade Systems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCP3321G1ZJ | Karnataka | Active | 01 Jul 2017 |
| 22AAGCP3321G1ZX | Chhattisgarh | Active | 21 Nov 2021 |
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.
MCA Filings & Documents of Prorich Shade Systems Private 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.
Frequently Asked Questions about Prorich Shade Systems Private Limited
Prorich Shade Systems is an active private limited company based in Sunkadakatte, Karnataka, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 15 December 2011 (15+ years old) and is registered under CIN U74210KA2011PTC061666.
Prorich Shade Systems reported revenue of ₹3.31 Cr for FY 2024 (down 22% YoY).
Prorich Shade Systems has 2 current directors:
- Srikumar Thodanchat - Director
- Kuruppath Shyam - Director
Prorich Shade Systems reported a net profit of ₹18.3 Lakh (net margin 5.5%) and EBITDA of ₹36 Lakh (EBITDA margin 10.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prorich Shade Systems is -5% over three years and -7% over five years. In the latest year (FY 2024) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prorich Shade Systems is 29AAGCP3321G1ZJ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AAGCP3321G1ZX (Chhattisgarh).
The CIN (Corporate Identification Number) of Prorich Shade Systems is U74210KA2011PTC061666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prorich Shade Systems was incorporated on 15 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prorich Shade Systems by revenue are Profto Home and Kitchen Private Limited, Selection Textile Private Limited, Heirloom Collections Private Limited, Cocofoam Mattresses & Furnishings Private Limited, Hetalls Global Private Limited and 5 more, all in the Consumer Products industry (Home Furnishings Manufacturers).
Suma Sreekumar ceased to be Director on 14 Mar 2023. Raju Mahadevan ceased to be Additional Director on 30 Sep 2019. Rama Rao Nagesh ceased to be Director on 29 Sep 2018. Prorich Shade Systems has 5 board changes on record in total.
Prorich Shade Systems can be reached through the website prorich.co.in. Its registered office is in Sunkadakatte, Karnataka, India.