Sethia Baling Pvt Ltd
About Sethia Baling Pvt Ltd
Data last updated:
Sethia Baling Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 12 August 1941 and has been in existence for over 85 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1941PTC010663. Its GSTIN is 19AAJCS5054J1ZX (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Bharat Dugar Mal and Vipul Dugar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3A Camac Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.35 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹20.13 Lakh (net margin 14.9%) and EBITDA of ₹30.38 Lakh (EBITDA margin 22.5%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹42.29 Cr and satisfied charges of ₹11.06 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address3A Camac Street, Kolkata, West Bengal, India – 700016
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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 Sethia Baling Pvt Ltd
The main business activity of Sethia Baling is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | 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 Sethia Baling Pvt Ltd FY 2025 filings available
Sethia Baling Pvt Ltd reported revenue of ₹1.35 Cr (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sethia Baling Pvt Ltd
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA rose 2% 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 Sethia Baling Pvt Ltd
| 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 | ₹30.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.13 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 Sethia Baling Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.9% | •••• | •••• | •••• | •••• |
| 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 Sethia Baling 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 Sethia Baling Pvt Ltd
Sethia Baling Pvt Ltd is compared with the companies closest to it by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agampuram Homes Private Limited | ₹1.39 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Nungambakkam, Chennai, Tamil Nadu, India |
| Emiliana Parati Enterprise Private Limited | ₹1.38 Cr (FY 2023) | •••• | •••• | 217.0% | •••• | Mumbai, Maharashtra, India |
| Sojourn Retail Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 2446.0% | •••• | Gurgaon, Haryana, India |
| Daga Importers & Distributors Private Limited | ₹1.37 Cr (FY 2023) | •••• | •••• | -10.0% | •••• | Pune, Maharashtra, India |
| Norse Brands Private Limited | ₹1.35 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Mumbai, Maharashtra, India |
| Sethia Baling Pvt Ltd this company | ₹1.35 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Kolkata, West Bengal, India |
| Wall Queen Interiors Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | -61.0% | •••• | Bangalore, Karnataka, India |
| Lalwani Furnishing Private Limited | ₹1.32 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Future Lifestyle Retail Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Grey Stone Trading Private Limited | ₹1.31 Cr (FY 2015) | •••• | •••• | 66.0% | •••• | New Delhi, Delhi, India |
| RLC Multitrade Private Limited | ₹1.29 Cr (FY 2024) | •••• | •••• | 699.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Sethia Baling by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sethia Baling Pvt Ltd
Sethia Baling Pvt Ltd is audited by RAJESH R JAIN & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH R JAIN & 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 Sethia Baling Pvt Ltd
Sethia Baling has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Dugar Mal Also directs: Bargain Textiles Private Limited | Director | 15 May 2000 | 26 Years 4 Months | Current |
| Vipul Dugar Also directs: Bargain Textiles Private Limited | Director | 15 May 2000 | 26 Years 4 Months | Current |
Ownership and Shareholding of Sethia Baling Pvt Ltd
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 Sethia Baling Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2024 | Hdfc Bank Limited | ₹5 Cr | Open |
| 22 Dec 2020 | Standard Chartered Bank | ₹54 Lakh | Open |
| 23 Nov 2006 | Standard Chartered Bank | ₹36.75 Cr | Open |
| 24 Mar 2022 | Others | ₹78 Lakh | Satisfied |
| 23 Nov 2021 | Others | ₹4.1 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Sethia Baling Pvt Ltd
Employment history and EPFO contributions of people linked to Sethia Baling.
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.
CIN History of Sethia Baling Pvt Ltd
Sethia Baling has one previous CIN (Corporate Identification Number): U99999WB1941PTC010663. The current CIN is U51909WB1941PTC010663, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1941PTC010663 | Current |
| U99999WB1941PTC010663 | Previous |
Recent Activity on Sethia Baling Pvt Ltd
Sethia Baling Pvt Ltd has 2 board changes on record since 2000: 2 appointments. The latest: Bharat Dugar Mal was appointed as Director on 15 May 2000.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sethia Baling Pvt Ltd
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 Sethia Baling Pvt Ltd
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 Sethia Baling Pvt Ltd
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 Sethia Baling Pvt Ltd
Sethia Baling has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAJCS5054J1ZX | West Bengal | 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.
MCA Filings & Documents of Sethia Baling Pvt Ltd
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 Sethia Baling Pvt Ltd
Sethia Baling is an active private limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 12 August 1941 (85+ years old) and is registered under CIN U51909WB1941PTC010663.
Sethia Baling reported revenue of ₹1.35 Cr for FY 2025 (down 34% YoY).
Sethia Baling has 2 current directors:
- Bharat Dugar Mal - Director
- Vipul Dugar - Director
Sethia Baling reported a net profit of ₹20.13 Lakh (net margin 14.9%) and EBITDA of ₹30.38 Lakh (EBITDA margin 22.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sethia Baling is 46% over three years and 26% over five years. In the latest year (FY 2025) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sethia Baling is 19AAJCS5054J1ZX, registered in West Bengal.
The CIN (Corporate Identification Number) of Sethia Baling is U51909WB1941PTC010663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sethia Baling was incorporated on 12 August 1941, making it 85+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Sethia Baling by revenue are Agampuram Homes Private Limited, Emiliana Parati Enterprise Private Limited, Sojourn Retail Private Limited, Daga Importers & Distributors Private Limited, Norse Brands Private Limited and 5 more, all in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution).
Bharat Dugar Mal was appointed as Director on 15 May 2000. Vipul Dugar was appointed as Director on 15 May 2000.
The registered office of Sethia Baling is at 3A Camac Street, Kolkata, West Bengal, India – 700016.