Shalibhadra Cottrade Private Limited
About Shalibhadra Cottrade Private Limited
Data last updated:
Shalibhadra Cottrade Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 20 October 1992.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52521MH1992PTC069134. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹86.28 Lakh. It is led by directors Somchand Umarasi Lodaya and Ravindra Govindji Khona.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at B/81 Cotton Exchange Bldg Cottongreen, Mumbai, Maharashtra, India – 400033.
As per the financials filed for FY 2018, the company reported a revenue of ₹71.09 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹76.35 Lakh (net margin -1.1%) and EBITDA of ₹1.44 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
As per MCA filings, the company has open charges of ₹8.5 Cr on record. Court records list 41 cases involving the company, including 10 filed by the company and 31 filed against it; 14 cases are pending.
Company details
Contact details
Shalibhadra Cottrade Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB/81 Cotton Exchange Bldg Cottongreen, Mumbai, Maharashtra, India – 400033
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Shalibhadra Cottrade 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 Shalibhadra Cottrade 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 Shalibhadra Cottrade Private Limited, buy the company report.
Financials of Shalibhadra Cottrade Private Limited
FY 2018 filings availableShalibhadra Cottrade Private Limited reported revenue of ₹71.09 Cr (up 15% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over three years, including 15% growth in the latest year. EBITDA fell 37% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹71.09 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.44 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹76.35 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2% | |||
| 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 Shalibhadra Cottrade Private Limited, buy the company report.
Board of directors of Shalibhadra Cottrade Private Limited
Shalibhadra Cottrade has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somchand Umarasi Lodaya | Director | 10 Jul 2000 | 26 Years 3 Months | As last reported |
| Ravindra Govindji Khona | Director | 28 Mar 1993 | 33 Years 7 Months | As last reported |
Peer comparison
Shalibhadra Cottrade Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Sandhya Corporation Private Limited | ₹71.46 Cr (FY 2025) | -3.0% | Hyderabad, Telangana, India | |||
| Shalibhadra Cottrade Private Limitedthis company | ₹71.09 Cr (FY 2018) | -₹76.35 Lakh | -1.1% | 15.0% | Mumbai, Maharashtra, India | |
| Punit Yarn Agency Private Limited | ₹71.06 Cr (FY 2024) | -20.0% | Mumbai, Maharashtra, India | |||
| Murad Mercantile Private Limited | ₹70.45 Cr (FY 2016) | 4.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shalibhadra Cottrade Private Limited, buy the company report.
Auditor
Shalibhadra Cottrade Private Limited is audited by T J SODHA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T J SODHA & CO | FY 2018 | 126222W |
Shareholding
The shareholding of Shalibhadra Cottrade Private Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Shalibhadra Cottrade Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2012 | 10343447 | Dena Bank | ₹8.5 Cr | Open |
To see the full charge records of Shalibhadra Cottrade Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Shalibhadra Cottrade Private Limited has 41 court cases on record: 10 filed by Shalibhadra Cottrade, 31 filed against it. 14 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 25 | 13 |
| High courts | 5 | 5 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Capital First Limited | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by Aditiya Birla Finance Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Edelweiss Retail Finance Limited | Pending |
| High Court, West Bengal | Court case (EC) | Filed against the company by Kotak Mahindra Bank Limited Sinha and Co. | Pending |
To see the full case history of Shalibhadra Cottrade 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 Shalibhadra Cottrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shalibhadra Cottrade 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 Shalibhadra Cottrade Private Limited, buy the company report.
Recent activity
Shalibhadra Cottrade Private Limited has 2 board changes on record since 1993: 2 appointments. The latest: Somchand Umarasi Lodaya was appointed as Director on 10 Jul 2000.
Frequently asked questions
Shalibhadra Cottrade is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Shalibhadra Cottrade is a company under liquidation, formerly operating as a 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 20 October 1992 and is registered under CIN U52521MH1992PTC069134. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shalibhadra Cottrade has 2 current directors:
- Somchand Umarasi Lodaya - Director
- Ravindra Govindji Khona - Director
The latest financial statements of Shalibhadra Cottrade on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shalibhadra Cottrade is U52521MH1992PTC069134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shalibhadra Cottrade has open charges of ₹8.5 Cr and no satisfied charges on record as per latest MCA filings.
Shalibhadra Cottrade has 41 court cases on record: 10 filed by the company and 31 filed against it. 14 are pending. Most are in the district courts.
Shalibhadra Cottrade was incorporated on 20 October 1992. It is registered with the Registrar of Companies, Mumbai.
The peers of Shalibhadra Cottrade by revenue are Sandhya Corporation Private Limited, Punit Yarn Agency Private Limited, Murad Mercantile Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Somchand Umarasi Lodaya was appointed as Director on 10 Jul 2000. Ravindra Govindji Khona was appointed as Director on 28 Mar 1993.
The registered office of Shalibhadra Cottrade is at B81 Cotton Exchange Bldg Cottongreen, Mumbai, Maharashtra, India – 400033.
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