Shri Choudesvari Silks Private Limited

Shri Choudesvari Silks Private Limited - fashion and textile in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U18101TG2003PTC041973 Incorporated 28 October 2003 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company fashion and textile MSME · Small
Data last updated
Revenue · FY 2024
₹47.48 Cr
▼ 3% YoY
Net profit · FY 2024
₹90.93 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹3.43 Cr
EBITDA margin 7.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.17 Cr
Issued & subscribed
Open charges
₹10 Cr
Satisfied ₹18.65 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
20
Provident fund records

About Shri Choudesvari Silks Private Limited

Data last updated:

Shri Choudesvari Silks Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 28 October 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U18101TG2003PTC041973. Its GSTIN is 37AAICS8789D1ZP (Andhra Pradesh).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.17 Cr. It was formerly known as Sri Nandavaram Chowdeswari Devi Silks Private Limited. It is led by directors including Nagaraju Dasetty and Narayana Swamy Dasetty.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 11 – 5 – 410/2/1 Second Floor Road No.: 10 Venkateswara Colony Saroornagar, Hyderabad, Telangana, India – 500035.

As per the financials filed for FY 2024, the company reported a revenue of ₹47.48 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹90.93 Lakh (net margin 1.9%) and EBITDA of ₹3.43 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 4% over five years.

The company has about 20 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹18.65 Cr on record.

Shri Choudesvari Silks Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0021394). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U18101TG2003PTC041973
Registration Number 041973
Incorporation Date 28 October 2003
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0021394

CIN history

Shri Choudesvari Silks has one previous CIN (Corporate Identification Number): U18101AP2003PTC041973. The current CIN is U18101TG2003PTC041973, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U18101TG2003PTC041973Current
U18101AP2003PTC041973Previous

Recognitions & Rankings of Shri Choudesvari Silks

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-TS-02-0021394

Contact details

Shri Choudesvari Silks Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    11 – 5 – 410/2/1 Second Floor Road No.: 10 Venkateswara Colony Saroornagar, Hyderabad, Telangana, India – 500035
  • Industry
    Fashion and Textile, Traditional & Ethnic Wear

To see the full contact details of Shri Choudesvari Silks Private Limited, buy the company report.

Comprehensive company report
Shri Choudesvari Silks Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Shri Choudesvari Silks is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Shri Choudesvari Silks Private Limited, buy the company report.

Financials of Shri Choudesvari Silks Private Limited

FY 2024 filings available

Shri Choudesvari Silks Private Limited reported revenue of ₹47.48 Cr (down 3% YoY) for FY 2024.

Revenue · FY 2024
₹47.48 Cr ▼ 3%
Net profit · FY 2024
₹90.93 Lakh margin 1.9%
EBITDA · FY 2024
₹3.43 Cr margin 7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 30%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 18%
5 years · compounded
▲ 11%

Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 5% 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

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₹3.43 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹90.93 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.2%
Net Profit Margin1.9%
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

To see the full financial statements and ratios of Shri Choudesvari Silks Private Limited, buy the company report.

Board of directors of Shri Choudesvari Silks Private Limited

Shri Choudesvari Silks has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nagaraju DasettyDirector28 Oct 200323 Years 0 MonthsCurrent
Narayana Swamy DasettyDirector30 Dec 200421 Years 10 MonthsCurrent
Subramanyam DasettyDirector28 Oct 200323 Years 0 MonthsCurrent

Auditor

Shri Choudesvari Silks Private Limited is audited by AMBATI KIRAN KUMAR for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AMBATI KIRAN KUMARFY 2023207037

Shareholding

The shareholding of Shri Choudesvari Silks Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shri Choudesvari Silks Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10 Cr
Satisfied charges
₹18.65 Cr
Breakdown by lending institutions
Others₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Apr 2023100696479Others₹10 CrOpen
22 Dec 2018100231904Others₹9.45 CrSatisfied
30 Nov 2015100031806Others₹4.9 CrSatisfied
11 Oct 200710077059State Bank of India₹4 CrSatisfied
07 Jun 200490128594Canara Bank₹30 LakhSatisfied

To see the full charge records of Shri Choudesvari Silks Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shri Choudesvari Silks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Shri Choudesvari Silks Private Limited has a workforce of 20 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1

GST

Shri Choudesvari Silks has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AAICS8789D1ZPAndhra PradeshActive06 Jul 2017

To see the full GST registrations and return filing status of Shri Choudesvari Silks Private Limited, buy the company report.

Recent activity

Shri Choudesvari Silks Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Sreenivasulu Dasetty ceased to be Director on 07 Mar 2025.

Ceased
Sreenivasulu Dasetty ceased to be Director.
Ceased
Subramanyam Dasetty ceased to be Director.
Charges
A charge registered on 22 Dec 2018 via Charge ID 100231904 with Others was fully satisfied on 30 Jan 2025.
Charges
A charge registered on 11 Oct 2007 via Charge ID 10077059 with State Bank Of India was fully satisfied on 30 Jan 2025.
AGM
Shri Choudesvari Silks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shri Choudesvari Silks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100696479 was registered on 05 Apr 2023.
Charges
A charge with Others of Rs. 9.45 Cr registered on 22 Dec 2018 with Charge ID 100231904 was modified on 28 Jul 2020.
Charges
A charge registered on 30 Nov 2015 via Charge ID 100031806 with Others was fully satisfied on 29 Apr 2019.
Charges
A charge with Others amounted to Rs. 9.45 Cr with Charge ID 100231904 was registered on 22 Dec 2018.
Charges
A charge with Others amounted to Rs. 4.90 Cr with Charge ID 100031806 was registered on 30 Nov 2015.
Charges
A charge registered on 07 Jun 2004 via Charge ID 90128594 with Canara Bank was fully satisfied on 06 Sep 2013.

7 earlier events are in the company report.

Frequently asked questions

Shri Choudesvari Silks is an active private limited company based in Hyderabad, Telangana, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 28 October 2003 (23+ years old) and is registered under CIN U18101TG2003PTC041973.

Shri Choudesvari Silks has 3 current directors:

The latest financial statements of Shri Choudesvari Silks on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Shri Choudesvari Silks is 37AAICS8789D1ZP, registered in Andhra Pradesh.

The CIN (Corporate Identification Number) of Shri Choudesvari Silks is U18101TG2003PTC041973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shri Choudesvari Silks was incorporated on 28 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Hyderabad.

Sreenivasulu Dasetty ceased to be Director on 07 Mar 2025. Subramanyam Dasetty ceased to be Director on 07 Mar 2025. Narayana Swamy Dasetty was appointed as Director on 30 Dec 2004. Shri Choudesvari Silks has 5 board changes on record in total.

Yes, Shri Choudesvari Silks is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0021394).

The registered office of Shri Choudesvari Silks is at 11 – 5 – 41021 Second Floor Road No.: 10 Venkateswara Colony Saroornagar, Hyderabad, Telangana, India – 500035.

Shri Choudesvari Silks operates in the fashion and textile industry, in the traditional and ethnic wear segment.