Savita Textiles Private Limited
About Savita Textiles Private Limited
Data last updated:
Savita Textiles Private Limited was a private limited company based in Bangalore, Karnataka, 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 31 May 2004.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U51311KA2004PTC034053.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 12 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.01 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹40.35 Lakh and EBITDA of -₹7.13 Lakh (EBITDA margin -101.6%).
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Company details
Contact details
Savita Textiles Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 106 Mandhana 3rd Main 2nd Stage 1st Block Dollar Colony, Rm V Extan, Bangalore, Karnataka, India – 560094
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Savita Textiles 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 Savita Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Savita Textiles Private Limited, buy the company report.
Financials of Savita Textiles Private Limited
FY 2017 filings availableSavita Textiles Private Limited reported revenue of ₹7.01 Lakh (down 72% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 72% in the latest year. EBITDA fell 605% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹7.01 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹7.13 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹40.35 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -101.6% | ||
| Net Profit Margin | |||
| 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 Savita Textiles Private Limited, buy the company report.
Board of directors of Savita Textiles Private Limited
Savita Textiles has 4 former directors on record and no current directors listed.
Peer comparison
Savita Textiles Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Procraft Apparels Private Limited | ₹7.06 Lakh (FY 2017) | -94.0% | Bangalore, Karnataka, India | |||
| Bal Darbar Spinning Mills Private Limited | ₹7.02 Lakh (FY 2025) | -76.0% | Bijainagar, Rajasthan, India | |||
| Savita Textiles Private Limitedthis company | ₹7.01 Lakh (FY 2017) | -₹40.35 Lakh | -72.0% | Bangalore, Karnataka, India | ||
| Omshiv Impex Private Limited | ₹7.01 Lakh (FY 2025) | 6087.0% | Gujarat, India | |||
| Manubhai Kalyanbhai Textiles Private Limited | ₹6.99 Lakh (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Siddhnath Texturisers Pvt Ltd | ₹6.95 Lakh (FY 2025) | -87.0% | Surat, Gujarat, India |
To see the full peer comparison of Savita Textiles Private Limited, buy the company report.
Auditor
Savita Textiles Private Limited is audited by VIJAY M NAWANDHAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY M NAWANDHAR | FY 2017 | 32997 |
Shareholding
The shareholding of Savita Textiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Savita Textiles Private Limited, buy the company report.
Legal cases
Savita Textiles Private Limited has 2 court cases on record: 1 filed by Savita Textiles, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Court case (Civil Revn.) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Union of India | Disposed |
To see the full case history of Savita Textiles 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 Savita Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Savita Textiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Savita Textiles Private Limited has 4 board changes on record since 2011: 0 appointments and 4 cessations. The latest: Abhijit Ashok Mandhana ceased to be Additional Director on 12 Sep 2017.
Frequently asked questions
Savita Textiles 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.
Savita Textiles was a private limited company based in Bangalore, Karnataka, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 31 May 2004 and is registered under CIN U51311KA2004PTC034053. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Savita Textiles is U51311KA2004PTC034053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Savita Textiles was incorporated on 31 May 2004. It is registered with the Registrar of Companies, Bangalore.
The registered office of Savita Textiles is at No 106 Mandhana 3rd Main 2nd Stage 1st Block Dollar Colony, Rm V Extan, Bangalore, Karnataka, India – 560094.
The latest financial statements of Savita Textiles on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 12 September 2017. Year-wise statements from 2015 are in the company report.
Savita Textiles operated in the manufacturing industry, in the textile and fabric production segment.
The peers of Savita Textiles by revenue are Procraft Apparels Private Limited, Bal Darbar Spinning Mills Private Limited, Omshiv Impex Private Limited, Manubhai Kalyanbhai Textiles Private Limited, Siddhnath Texturisers Pvt Ltd, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Savita Textiles has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Abhijit Ashok Mandhana ceased to be Additional Director on 12 Sep 2017. Savita Nitin Mandhana ceased to be Whole-Time Director on 06 Oct 2015. Sneha Ashok Mandhana ceased to be Additional Director on 30 Sep 2015. Savita Textiles has 4 board changes on record in total.
Savita Textiles can be reached at its registered office: No 106 Mandhana 3rd Main 2nd Stage 1st Block Dollar Colony, Rm V Extan, Bangalore, Karnataka, India – 560094.
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.
