About Shri Basava Textiles Limited
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Shri Basava Textiles Limited is a public limited company based in Bailhongal, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15100KA2013PLC070769. Its GSTIN is 29AATCS5651F1ZS (Karnataka).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors including Vijay Metgud Shrishail (Managing Director) and Jayraj Shrishail Metgud (Whole-Time Director).
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 M/S Vijay Industries Bailhongal, Karnataka, India – 591102.
As per the financials filed for FY 2025, the company reported a revenue of ₹166.54 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹52.25 Lakh (net margin 0.3%) and EBITDA of ₹4.37 Cr (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 1% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹7 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website metgud.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressM/S Vijay Industries Bailhongal, Karnataka, India – 591102
- IndustryManufacturing, Textile & Fabric Production
- 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 Shri Basava Textiles Limited
The main business activity of Shri Basava Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Shri Basava Textiles Limited FY 2025 filings available
Shri Basava Textiles Limited reported revenue of ₹166.54 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shri Basava Textiles Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 14% fall in the latest year. EBITDA rose 16% 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 Shri Basava Textiles Limited
| 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 | ₹4.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹52.25 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 Shri Basava Textiles Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Shri Basava Textiles 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 Shri Basava Textiles Limited
Shri Basava Textiles 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hanuman Weavelon Private Limited | ₹167.21 Cr (FY 2025) | •••• | •••• | 112.0% | •••• | Surat, Gujarat, India |
| Chur Textiles Limited | ₹167.17 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Thane, Maharashtra, India |
| Saranya Garments Private Limited | ₹167.07 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Tirupur, Tamil Nadu, India |
| Sree Durga Fibre Products Private Limited | ₹166.98 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Bajari Filaments Private Limited | ₹166.77 Cr (FY 2025) | •••• | •••• | 566.0% | •••• | Mumbai, Maharashtra, India |
| Shri Basava Textiles Limited this company | ₹166.54 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Bailhongal, Karnataka, India |
| Srivari Cotton Private Limited | ₹166.21 Cr (FY 2022) | •••• | •••• | 63.0% | •••• | Kovilpatti, Tamil Nadu, India |
| V.Tex WVG. & Mfg. Mills Private Limited | ₹166.1 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| A R Overseas Tradecom Private Limited | ₹165.89 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Kolkata, West Bengal, India |
| Celebrity Fashions Limited Listed | ₹165.67 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Chennai, Tamil Nadu, India |
| Eagle Silk Mills Private Limited | ₹165.44 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Shri Basava Textiles 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 Shri Basava Textiles Limited
Shri Basava Textiles Limited is audited by Y P K & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y P K & ASSOCIATES LLP | 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 Shri Basava Textiles Limited
Shri Basava Textiles has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shambuling Hooli Gurushiddappa | Director | 16 Jan 2016 | 10 Years 8 Months | Current |
| Sunil Marakumbi Siddappa | Director | 16 Jan 2016 | 10 Years 8 Months | Current |
| Jayraj Shrishail Metgud Also directs: Yuvrajcorporation LLP, New Life Space Developers LLP, Basava Green Energy LLP and 2 more | Whole-Time Director | 07 Oct 2013 | 13 Years 0 Months | Current |
| Jyoti Vijay Metgud | Director | 20 Jul 2015 | 11 Years 2 Months | Current |
| Vijay Metgud Shrishail Also directs: Yuvrajcorporation LLP, New Life Space Developers LLP, Basava Green Energy LLP and 4 more | Managing Director | 30 Aug 2013 | 13 Years 1 Months | Current |
Ownership and Shareholding of Shri Basava Textiles Limited
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 Shri Basava Textiles Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Apr 2021 | Others | ₹15 Cr | Open |
| 13 Sep 2014 | Corporation Bank | ₹7 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Shri Basava Textiles Limited
Shri Basava Textiles Limited has 3 court cases on record: 3 filed by Shri Basava Textiles. 2 cases are pending and 1 is disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, DHARWAD, Karnataka | Court case (ESI 75 Application) | Filed by the company against Deputy Director, Sub-Regional Office, E.S.I. Corporation. Hubballi | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against Bhimashankar Ramachandra Khande, R/O Apmc Market, Nandura Road, Malakapur, Maharashtra State | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Shri Basava Textiles Limited
Shri Basava Textiles Limited has a workforce of 36 employees as of Mar 31, 2024.
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 Shri Basava Textiles Limited
Shri Basava Textiles has one previous CIN (Corporate Identification Number): U17290KA2013PLC070769. The current CIN is U15100KA2013PLC070769, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15100KA2013PLC070769 | Current |
| U17290KA2013PLC070769 | Previous |
Recent Activity on Shri Basava Textiles Limited
Shri Basava Textiles Limited has 12 board changes on record since 2013: 5 appointments and 7 cessations. The latest: Shambuling Hooli Gurushiddappa ceased to be Additional Director on 30 Sep 2016.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shri Basava Textiles Limited
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 Shri Basava Textiles Limited
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
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Subsidiaries & Group Companies of Shri Basava Textiles Limited
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 Shri Basava Textiles Limited
Shri Basava Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AATCS5651F1ZS | Karnataka | 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
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MCA Filings & Documents of Shri Basava Textiles Limited
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 Shri Basava Textiles Limited
Shri Basava Textiles is an active public limited company based in Bailhongal, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 August 2013 (13+ years old) and is registered under CIN U15100KA2013PLC070769.
Shri Basava Textiles reported revenue of ₹166.54 Cr for FY 2025 (down 14% YoY).
Shri Basava Textiles has 5 current directors:
- Vijay Metgud Shrishail - Managing Director
- Jayraj Shrishail Metgud - Whole-Time Director
- Shambuling Hooli Gurushiddappa - Director
- Sunil Marakumbi Siddappa - Director
- Jyoti Vijay Metgud - Director
Shri Basava Textiles reported a net profit of ₹52.25 Lakh (net margin 0.3%) and EBITDA of ₹4.37 Cr (EBITDA margin 2.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shri Basava Textiles is -8% over three years and -1% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shri Basava Textiles is 29AATCS5651F1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Shri Basava Textiles is U15100KA2013PLC070769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Basava Textiles has 3 court cases on record: 3 filed by the company. 2 are pending.
Shri Basava Textiles was incorporated on 30 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shri Basava Textiles by revenue are Hanuman Weavelon Private Limited, Chur Textiles Limited, Saranya Garments Private Limited, Sree Durga Fibre Products Private Limited, Bajari Filaments Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Shambuling Hooli Gurushiddappa ceased to be Additional Director on 30 Sep 2016. Sunil Marakumbi Siddappa ceased to be Additional Director on 30 Sep 2016. Mahantesh Basavatray Dodagowdar ceased to be Director on 05 Aug 2016. Shri Basava Textiles has 12 board changes on record in total.