Sharada Designs Private Limited

Sharada Designs Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U17120KA2014PTC075388 Incorporated 17 July 2014 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹22.81 Cr
▼ 33% YoY
Net profit · FY 2024
₹12.76 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹93.53 Lakh
EBITDA margin 4.1%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹6.88 Cr
Satisfied ₹1.75 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
12
Provident fund records

About Sharada Designs Private Limited

Data last updated:

Sharada Designs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 July 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17120KA2014PTC075388. Its GSTIN is 29AAUCS7084H1ZG (Karnataka).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Udai Prabhakar and Vinutha Joshi.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 04 Mandara 3rd Floor 1st Cross 3rd Main Ghbcs Layout Shankar Nagar, Bangalore, Karnataka, India – 560096.

As per the financials filed for FY 2024, the company reported a revenue of ₹22.81 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹12.76 Lakh (net margin 0.6%) and EBITDA of ₹93.53 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 10% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Sharada Designs. As per MCA filings, the company has open charges of ₹6.88 Cr and satisfied charges of ₹1.75 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 1 case is pending.

Sharada Designs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0053714). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sharadadesigns.in.

Company Details of Sharada Designs Private Limited
CIN U17120KA2014PTC075388
Registration Number 075388
Incorporation Date 17 July 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0053714
Key People
Udai Prabhakar Director Vinutha Joshi Director

Recognitions & Rankings of Sharada Designs

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0053714
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    sharadadesigns.in
  • Social Media
    Locked
  • Registered Address
    No. 04 Mandara 3rd Floor 1st Cross 3rd Main Ghbcs Layout Shankar Nagar, Bangalore, Karnataka, India – 560096
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Sharada Designs Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Sharada Designs Private Limited

Sharada Designs operates one associated brand: Sharada Designs. Each brand links to its own profile.

BrandDescriptionWebsite
Sharada Designs
A brand specializing in multi-category home textiles.sharadadesigns.in

Business Activity of Sharada Designs Private Limited

The main business activity of Sharada Designs is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Sharada Designs Private Limited FY 2023 filings available

Sharada Designs Private Limited reported revenue of ₹22.81 Cr (down 33% YoY) for FY 2024.

Revenue · FY 2024
₹22.81 Cr ▼ 33%
Net profit · FY 2024
₹12.76 Lakh margin 0.6%
EBITDA · FY 2024
₹93.53 Lakh margin 4.1%

Compounded Annual Growth Rate (CAGR) of Sharada Designs Private Limited

Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 27%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 10%
5 years · compounded
▲ 3%

Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 20% 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 Sharada Designs Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹93.53 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹12.76 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 Sharada Designs Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.1%••••••••••••••••
Net Profit Margin0.6%••••••••••••••••
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 Sharada Designs are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Sharada Designs Private Limited

Sharada Designs has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Udai PrabhakarDirector17 Jul 201412 Years 3 MonthsCurrent
Vinutha JoshiDirector17 Jul 201412 Years 3 MonthsCurrent
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Peer Comparison of Sharada Designs Private Limited

Sharada Designs Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Solai Cotton Mills Private Limited₹22.85 Cr (FY 2025)••••••••-2.0%••••Kangayam, Tamil Nadu, India
P P Texofab Private Limited₹22.84 Cr (FY 2024)••••••••-24.0%••••Sonipat, Haryana, India
Crav Apparels Private Limited₹22.83 Cr (FY 2025)••••••••4.0%••••Mumbai, Maharashtra, India
Pushkar Ganesh Cotton Club Export Private Limited₹22.83 Cr (FY 2025)••••••••13.0%••••Pushkar, Rajasthan, India
Whitecliff Polytex Private Limited₹22.81 Cr (FY 2025)••••••••-27.0%••••Nagpur, Maharashtra, India
Sharada Designs Private Limited this company₹22.81 Cr (FY 2024)••••••••-33.0%••••Bangalore, Karnataka, India
Akila Textiles Private Limited₹22.79 Cr (FY 2025)••••••••4.0%••••Coimbatore, Tamil Nadu, India
Bhavya Art Private Limited₹22.77 Cr (FY 2025)••••••••-6.0%••••Surat, Gujarat, India
Rishabh Cotton Processer Private Limited₹22.76 Cr (FY 2019)••••••••50.0%••••Dhar, Madhya Pradesh, India
Amreli India Solvex Private Limited₹22.75 Cr (FY 2025)••••••••656.0%••••Amreli, Gujarat, India
Ratan Textiles Private Limited₹22.74 Cr (FY 2024)••••••••-1.0%••••Jaipur, Rajasthan, India

Peers are the five companies nearest above and the five nearest below Sharada Designs by revenue in the Manufacturing industry (Textiles), 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 Sharada Designs Private Limited

Sharada Designs Private Limited is audited by GD & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
GD & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Sharada Designs Private Limited

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Charges & Borrowings of Sharada Designs Private Limited

Open charges
₹6.88 Cr
Satisfied charges
₹1.75 Cr
Breakdown by lending institutions
Others₹6.68 Cr
Hdfc Bank Limited₹0.20 Cr
Latest charge details
DateLenderAmountStatus
28 Sep 2023Hdfc Bank Limited₹20 LakhOpen
20 Sep 2022Others₹1 CrOpen
31 Aug 2018Others₹5.68 CrOpen
09 Oct 2015Others₹1.5 CrSatisfied
30 Sep 2015City Union Bank Limited₹25 LakhSatisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Sharada Designs Private Limited

Sharada Designs Private Limited has a workforce of 12 employees as of Apr 08, 2024.

Employee count
12
Active EPFO establishments
1
Employee growth
-7.69%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Sharada Designs Private Limited

Sharada Designs Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Udai Prabhakar was appointed as Director on 17 Jul 2014.

AGM
Sharada Designs Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100890434 was registered on 28 Sep 2023.
Filing
Sharada Designs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100621605 was registered on 20 Sep 2022.
Charges
A charge with Others of Rs. 568.45 Lakh registered on 31 Aug 2018 with Charge ID 100227941 was modified on 08 Apr 2022.
Charges
A charge registered on 09 Oct 2015 via Charge ID 10599488 with Others was fully satisfied on 29 Oct 2018.
Charges
A charge with Others amounted to Rs. 568.45 Lakh with Charge ID 100227941 was registered on 31 Aug 2018.
Charges
A charge with Others of Rs. 150.00 Lakh registered on 09 Oct 2015 with Charge ID 10599488 was modified on 03 Nov 2017.
Charges
A charge registered on 30 Sep 2015 via Charge ID 10598400 with City Union Bank Limited was fully satisfied on 14 Oct 2016.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 10599488 was registered on 09 Oct 2015.
Charges
A charge with City Union Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 10598400 was registered on 30 Sep 2015.
Appointed
Udai Prabhakar was appointed as Director.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Sharada Designs Private Limited

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MSME Payment Delays by Sharada Designs Private Limited

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Subsidiaries & Group Companies of Sharada Designs Private Limited

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GST Compliance of Sharada Designs Private Limited

Sharada Designs has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAUCS7084H1ZGKarnatakaActive01 Jul 2017
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Sharada Designs Private Limited

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Frequently Asked Questions about Sharada Designs Private Limited

Sharada Designs is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 July 2014 (12+ years old) and is registered under CIN U17120KA2014PTC075388.

Sharada Designs reported revenue of ₹22.81 Cr for FY 2024 (down 33% YoY).

Sharada Designs has 2 current directors:

Sharada Designs reported a net profit of ₹12.76 Lakh (net margin 0.6%) and EBITDA of ₹93.53 Lakh (EBITDA margin 4.1%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Sharada Designs is 27% over three years and 10% over five years. In the latest year (FY 2024) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Sharada Designs is 29AAUCS7084H1ZG, registered in Karnataka.

The CIN (Corporate Identification Number) of Sharada Designs is U17120KA2014PTC075388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sharada Designs has 13 court cases on record: 13 filed against it. 1 is pending.

Sharada Designs was incorporated on 17 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Sharada Designs by revenue are Solai Cotton Mills Private Limited, P P Texofab Private Limited, Crav Apparels Private Limited, Pushkar Ganesh Cotton Club Export Private Limited, Whitecliff Polytex Private Limited and 5 more, all in the Manufacturing industry (Textiles).

Udai Prabhakar was appointed as Director on 17 Jul 2014. Vinutha Joshi was appointed as Director on 17 Jul 2014.

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