Shresht Industries Private Limited
About Shresht Industries Private Limited
Data last updated:
Shresht Industries Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 23 December 2013.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U41000TG2013PTC091886. Its GSTIN is 23AAUCS0156J1Z4 (Madhya Pradesh). The company held 5 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was led by directors including Narender Gandhari (Irp/Rp/Liquidator) and Jonnada Kasi Viswanath.
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 was at 8 – 2 – 293/82/A/727 Plot No. 727 Road No. 36 Jubliee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2018, the company reported a revenue of ₹74.37 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Cr (net margin 1.5%) and EBITDA of ₹5.19 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years.
As per MCA filings, the company had open charges of ₹19.49 Cr and satisfied charges of ₹9.95 Cr on record. Court records list 17 cases involving the company, including 6 filed by the company and 11 filed against it; 2 cases are pending.
Company details
CIN history
Shresht Industries has one previous CIN (Corporate Identification Number): U41000AP2013PTC091886. The current CIN is U41000TG2013PTC091886, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U41000TG2013PTC091886 | Current |
| U41000AP2013PTC091886 | Previous |
Contact details
Shresht Industries Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8 – 2 – 293/82/A/727 Plot No. 727 Road No. 36 Jubliee Hills, Hyderabad, Telangana, India – 500033
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Shresht Industries 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 Shresht Industries is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply |
To see the full business activity and turnover split of Shresht Industries Private Limited, buy the company report.
Financials of Shresht Industries Private Limited
FY 2018 filings availableShresht Industries Private Limited reported revenue of ₹74.37 Cr (up 23% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 88% over three years, including 23% growth in the latest year. EBITDA rose 72% 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 | ₹74.37 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹5.19 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.09 Cr | |||
| 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 | 7% | |||
| Net Profit Margin | 1.5% | |||
| 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 Shresht Industries Private Limited, buy the company report.
Board of directors of Shresht Industries Private Limited
Shresht Industries has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jonnada Kasi Viswanath | Additional Director | 15 Nov 2019 | 6 Years 11 Months | As last reported |
| Chimakurthy Srinivasa Chary | Additional Director | 24 Jan 2020 | 6 Years 9 Months | As last reported |
| Narender Gandhari | Irp/Rp/Liquidator | 21 Dec 2023 | 2 Years 10 Months | As last reported |
Auditor
Shresht Industries Private Limited is audited by P MURALI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P MURALI & CO | FY 2018 | 007257S |
Shareholding
The shareholding of Shresht Industries Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shresht Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2017 | 100124216 | Others | ₹75 Lakh | Open | |
| 03 May 2017 | 100104295 | Canara Bank | ₹17.42 Cr | Open | |
| 31 Jan 2017 | 100104293 | Canara Bank | ₹1 Cr | Open | |
| 05 Dec 2016 | 100083529 | Bank of India | ₹13.24 Lakh | Open | |
| 28 Nov 2016 | 100083532 | Bank of India | ₹18.33 Lakh | Open |
To see the full charge records of Shresht Industries Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shresht Industries Private Limited has 17 court cases on record: 6 filed by Shresht Industries, 11 filed against it. 2 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 0 |
| District courts | 5 | 5 | 2 |
| NCLAT | 2 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by M/S Neema Safety Engineers India Private Limited., Rep. by Director,K.Kesava Kumar | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Think Grey Ads Pvt Ltd | Disposed |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by individuals | Pending |
| District court, Hyderabad Central, Telangana | Criminal complaint | Filed against the company by State of Telangana PS Wco Team-X, CCS | Pending |
| NCLAT, Court I | Tribunal matter | Filed against the company by individuals | Disposed |
To see the full case history of Shresht Industries 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.
Credit ratings & regulatory alerts
Shresht Industries Private Limited was last rated by Crisil on 25 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 May 2021 |
To see the full credit ratings and regulatory alerts of Shresht Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shresht Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shresht Industries Private Limited has 1 active EPFO establishment as of Mar 22, 2024.
GST
Shresht Industries has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAUCS0156J1Z4 | Madhya Pradesh | Active | 02 Mar 2020 |
| 27AAUCS0156J1ZW | Maharashtra | Active | 05 Mar 2020 |
To see the full GST registrations and return filing status of Shresht Industries Private Limited, buy the company report.
Recent activity
Shresht Industries Private Limited has 13 board changes on record since 2014: 3 appointments and 10 cessations. The latest: Narender Gandhari was appointed as Irp/Rp/Liquidator on 21 Dec 2023.
13 earlier events are in the company report.
Frequently asked questions
Shresht Industries has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Shresht Industries was a private limited company based in Hyderabad, Telangana, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 23 December 2013 and is registered under CIN U41000TG2013PTC091886. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Shresht Industries was incorporated on 23 December 2013. It is registered with the Registrar of Companies, Hyderabad.
Shresht Industries had 3 directors:
- Jonnada Kasi Viswanath - Additional Director
- Chimakurthy Srinivasa Chary - Additional Director
- Narender Gandhari - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Shresht Industries is U41000TG2013PTC091886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Shresht Industries is at 8 – 2 – 29382A727 Plot No. 727 Road No. 36 Jubliee Hills, Hyderabad, Telangana, India – 500033.
The latest financial statements of Shresht Industries 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 GSTIN of Shresht Industries is 23AAUCS0156J1Z4, registered in Madhya Pradesh. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAUCS0156J1ZW (Maharashtra).
Shresht Industries operated in the consumer electronics and durables industry, in the electronics manufacturing segment.
Shresht Industries has 17 court cases on record: 6 filed by the company and 11 filed against it. 2 are pending. Most are in the high courts.