Royal Laces Limited
About Royal Laces Limited
Data last updated:
Royal Laces Limited was a public limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 August 1994.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC060959. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.7 Lakh.
Its last annual general meeting (AGM) was held on 20 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at D – 114 Okhla Indl.Areaphase – I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2016, the company reported a revenue of ₹46.17 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹36.51 Lakh (net margin 79.1%) and EBITDA of ₹42.71 Lakh (EBITDA margin 92.5%).
As per MCA filings, the company has satisfied charges of ₹3.75 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Royal Laces Limited's registered office is in New Delhi, Delhi.
- Registered AddressD – 114 Okhla Indl.Areaphase – I, New Delhi, Delhi, India – 110020
- IndustryManufacturing, Textile & Fabric Production
- 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
Financials of Royal Laces Limited
FY 2016 filings availableRoyal Laces Limited reported revenue of ₹46.17 Lakh (down 75% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 75% in the latest year. EBITDA fell 76% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹42.71 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹36.51 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 92.5% | |
| Net Profit Margin | 79.1% | |
| 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 Royal Laces Limited, buy the company report.
Board of directors of Royal Laces Limited
Royal Laces has 6 former directors on record and no current directors listed.
Peer comparison
Royal Laces Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elcapito Private Limited | ₹46.35 Lakh (FY 2025) | -62.0% | Kochi, Kerala, India | |||
| Inno Fashion Private Limited | ₹46.31 Lakh (FY 2024) | Tirupur, Tamil Nadu, India | ||||
| Abhinav Textiles Private Limited | ₹46.3 Lakh (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Baweja and Dawar Private Limited | ₹46.27 Lakh (FY 2024) | -18.0% | Surat, Gujarat, India | |||
| VSG Fabrics Private Limited | ₹46.24 Lakh (FY 2024) | -35.0% | Bangalore, Karnataka, India | |||
| Royal Laces Limitedthis company | ₹46.17 Lakh (FY 2016) | ₹36.51 Lakh | 79.1% | -75.0% | New Delhi, Delhi, India | |
| Bonn Fashion Factory Private Limited | ₹46.08 Lakh (FY 2020) | -28.0% | New Delhi, Delhi, India | |||
| Denish Knit Industries Limited | ₹46.06 Lakh (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| Bhalotiya Bleaching and Dyeing Private Limited | ₹46.02 Lakh (FY 2025) | -45.0% | Thane, Maharashtra, India | |||
| Manchanda Mills Private Limited | ₹46.02 Lakh (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Shri Parshvanath Spintex Private Limited | ₹46.01 Lakh (FY 2025) | -45.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Royal Laces Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2009 | 10146150 | Punjab & Sind Bank | ₹3.75 Cr | Satisfied |
To see the full charge records of Royal Laces Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Royal Laces Limited has 1 court case on record: 1 filed by Royal Laces. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Writ petition | Filed by the company against Financial Commissioner Deptt. of Town Hry. & Ors. | Disposed |
To see the full case history of Royal Laces 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 Royal Laces Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Royal Laces has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Royal Laces Limited, buy the company report.
Recent activity
Royal Laces Limited has 6 board changes on record since 2012: 0 appointments and 6 cessations. The latest: Avanish Chander Jain ceased to be Director on 13 Dec 2016.
Frequently asked questions
Royal Laces has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Royal Laces was a public limited company based in New Delhi, Delhi, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 18 August 1994 and is registered under CIN U74899DL1994PLC060959. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Royal Laces is U74899DL1994PLC060959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Royal Laces was incorporated on 18 August 1994. It is registered with the Registrar of Companies, Delhi.
The registered office of Royal Laces is at D – 114 Okhla Indl.Areaphase – I, New Delhi, Delhi, India – 110020.
The latest financial statements of Royal Laces on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 20 September 2016. Year-wise statements from 2015 are in the company report.
No. Royal Laces has 2 GST registrations on record and all of them are cancelled or inactive.
Royal Laces operated in the manufacturing industry, in the textile and fabric production segment.
The peers of Royal Laces by revenue are Elcapito Private Limited, Inno Fashion Private Limited, Abhinav Textiles Private Limited, Baweja and Dawar Private Limited, VSG Fabrics Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Royal Laces has 1 court case on record: 1 filed by the company.
Avanish Chander Jain ceased to be Director on 13 Dec 2016. Gunish Chander Jain ceased to be Director on 13 Dec 2016. Sarita Jain ceased to be Director on 13 Dec 2016. Royal Laces has 6 board changes on record in total.
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