About Simply Sofas Private Limited
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Simply Sofas Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 14 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52333KA2008PTC048265. Its GSTIN is 29AAMCS5394Q1Z4 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tekumalla Shreya Rao and Tekhumalla Maruthi Rao.
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 122 123 & 124 8th Main Road (Opp. Golden Park Apt Hongasandra Bommanahalli, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.73 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹7.12 Lakh (net margin 4.1%) and EBITDA of ₹9.52 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 48% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website simplysofas.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address122 123 & 124 8th Main Road (Opp. Golden Park Apt Hongasandra Bommanahalli, Bangalore, Karnataka, India – 560068
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
- 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 Simply Sofas Private Limited
The main business activity of Simply Sofas is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Simply Sofas Private Limited FY 2024 filings available
Simply Sofas Private Limited reported revenue of ₹1.73 Cr (down 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Simply Sofas Private Limited
Revenue fell 58% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. EBITDA fell 48% 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 Simply Sofas Private 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 | ₹9.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.12 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 Simply Sofas Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Simply Sofas 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 Simply Sofas Private Limited
Simply Sofas Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Furniture Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Urban Living Furniture Private Limited | ₹1.79 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Delhi, India |
| Starblue Industries Private Limited | ₹1.77 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chapra, Bihar, India |
| Kelvin Impex Pvt. Ltd. | ₹1.77 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Archea Living Private Limited | ₹1.76 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Jaipur, Rajasthan, India |
| Andhra Pradesh Homes Private Limited | ₹1.75 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Hyderabad, Telangana, India |
| Simply Sofas Private Limited this company | ₹1.73 Cr (FY 2025) | •••• | •••• | -58.0% | •••• | Bangalore, Karnataka, India |
| Prathana Multi Speciality Hospital Private Limited | ₹1.71 Cr (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Teamwork Retail Private Limited | ₹1.71 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| A3g Modulars Private Limited | ₹1.71 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Hisar, Haryana, India |
| Innerspace Furniture India Private Limited | ₹1.7 Cr (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Madesa India Private Limited | ₹1.7 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Simply Sofas by revenue in the Consumer Durables industry (Furniture Retail and Distribution), 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 Simply Sofas Private Limited
Simply Sofas Private Limited is audited by R MUGUNTHAN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R MUGUNTHAN | 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 Simply Sofas Private Limited
Simply Sofas has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tekumalla Shreya Rao | Director | 27 Apr 2017 | 9 Years 5 Months | Current |
| Tekhumalla Maruthi Rao | Director | 14 Nov 2008 | 17 Years 10 Months | Current |
Ownership and Shareholding of Simply Sofas Private 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 Simply Sofas Private Limited
Simply Sofas Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Simply Sofas Private Limited
Employment history and EPFO contributions of people linked to Simply Sofas.
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.
Recent Activity on Simply Sofas Private Limited
Simply Sofas Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Rangaswami Ramakrishnan ceased to be Director on 08 Jul 2019.
Credit Ratings, Litigation & Regulatory Alerts for Simply Sofas Private 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 Simply Sofas Private 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Simply Sofas Private 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 Simply Sofas Private Limited
Simply Sofas has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCS5394Q1Z4 | 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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Simply Sofas Private 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 Simply Sofas Private Limited
Simply Sofas is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 14 November 2008 (18+ years old) and is registered under CIN U52333KA2008PTC048265.
Simply Sofas reported revenue of ₹1.73 Cr for FY 2025 (down 58% YoY).
Simply Sofas has 2 current directors:
- Tekumalla Shreya Rao - Director
- Tekhumalla Maruthi Rao - Director
Simply Sofas reported a net profit of ₹7.12 Lakh (net margin 4.1%) and EBITDA of ₹9.52 Lakh (EBITDA margin 5.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Simply Sofas is 48% over five years. In the latest year (FY 2025) revenue fell 58%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Simply Sofas is 29AAMCS5394Q1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Simply Sofas is U52333KA2008PTC048265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simply Sofas was incorporated on 14 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Simply Sofas by revenue are Urban Living Furniture Private Limited, Starblue Industries Private Limited, Kelvin Impex Pvt. Ltd, Archea Living Private Limited, Andhra Pradesh Homes Private Limited and 5 more, all in the Consumer Durables industry (Furniture Retail and Distribution).
Rangaswami Ramakrishnan ceased to be Director on 08 Jul 2019. Tekumalla Shreya Rao was appointed as Director on 27 Apr 2017. Tekhumalla Maruthi Rao was appointed as Director on 14 Nov 2008.
Simply Sofas can be reached through the website simplysofas.in. Its registered office is in Bangalore, Karnataka, India.