Studio Source Private Limited
About Studio Source Private Limited
Data last updated:
Studio Source 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 07 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18100KA2012PTC067076. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Venkatesh Bhaskar Sathyanarayana and Vinay Holliday Richard.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at #29 Vadrapalya J.P.Nagar 8th Phase 2nd Block Gottigere Post, Bangalore, Karnataka, India – 560083.
As per the financials filed for FY 2015, the company reported a revenue of ₹16.15 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹11.55 Lakh (net margin 0.7%) and EBITDA of ₹87.74 Lakh (EBITDA margin 5.4%).
As per MCA filings, the company has open charges of ₹4 Cr on record. Court records list 44 cases involving the company, including 5 filed by the company and 39 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Studio Source Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address#29 Vadrapalya J.P.Nagar 8th Phase 2nd Block Gottigere Post, Bangalore, Karnataka, India – 560083
- 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
Business activity
The main business activities of Studio Source are manufacturing and trade. In detail, this covers textile, leather and other apparel products and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Studio Source Private Limited, buy the company report.
Financials of Studio Source Private Limited
FY 2015 filings availableStudio Source Private Limited reported revenue of ₹16.15 Cr (down 21% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year. EBITDA rose 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| 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 | ₹87.74 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹11.55 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 5.4% |
| Net Profit Margin | 0.7% |
| 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 Studio Source Private Limited, buy the company report.
Board of directors of Studio Source Private Limited
Studio Source has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Bhaskar Sathyanarayana | Director | 07 Dec 2012 | 13 Years 10 Months | Current |
| Vinay Holliday Richard | Director | 07 Dec 2012 | 13 Years 10 Months | Current |
| Jitendar Kumar | Director | 07 Dec 2012 | 13 Years 10 Months | Current |
| Divakaran Gopakumar Also directs: Seaport Storage Private Limited, Midland Warehouse Private Limited, Kattavakkam Warehousing Private Limited and 3 more | Director | 07 Dec 2012 | 13 Years 10 Months | Current |
| Mysore Ramaiah Praveen Kumar | Director | 07 Dec 2012 | 13 Years 10 Months | Current |
Peer comparison
Studio Source Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| CPS Textiles Private Limited | ₹16.17 Cr (FY 2024) | -10.0% | Tiruppur, Tamil Nadu, India | |||
| Mahavir Tex-Syn Private Limited | ₹16.15 Cr (FY 2025) | -27.0% | New Delhi, Delhi, India | |||
| Studio Source Private Limitedthis company | ₹16.15 Cr (FY 2015) | ₹11.55 Lakh | 0.7% | -21.0% | Bangalore, Karnataka, India | |
| Modern Acrylics Private Limited | ₹16.15 Cr (FY 2024) | -31.0% | Ludhiana, Punjab, India | |||
| Magnetkraft Clothing Private Limited | ₹16.13 Cr (FY 2024) | 2.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Studio Source Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2014 | 10517995 | Ing Vysya Bank Limited | ₹4 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Studio Source Private Limited has 44 court cases on record: 5 filed by Studio Source, 39 filed against it. 1 case is pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 39 | 1 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Edelweiss Retail Finance Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Edelweiss Retail Finance Limited Th Mr Ajay Rane | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Shriram City Union Finance Limited | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against an individual | Pending |
To see the full case history of Studio Source 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Studio Source Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Studio Source has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Studio Source Private Limited, buy the company report.
Recent activity
Studio Source Private Limited has 8 board changes on record since 2012: 5 appointments and 3 cessations. The latest: Mysore Ramaiah Praveen Kumar ceased to be Director on 26 Apr 2018.
Frequently asked questions
Studio Source 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 07 December 2012 (14+ years old) and is registered under CIN U18100KA2012PTC067076.
Studio Source has 5 current directors:
- Venkatesh Bhaskar Sathyanarayana - Director
- Vinay Holliday Richard - Director
- Jitendar Kumar - Director
- Divakaran Gopakumar - Director
- Mysore Ramaiah Praveen Kumar - Director
The latest financial statements of Studio Source on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Studio Source has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Studio Source is U18100KA2012PTC067076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Studio Source has 44 court cases on record: 5 filed by the company and 39 filed against it. 1 is pending.
Studio Source was incorporated on 07 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Studio Source by revenue are CPS Textiles Private Limited, Mahavir Tex-Syn Private Limited, Modern Acrylics Private Limited, Magnetkraft Clothing Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Mysore Ramaiah Praveen Kumar ceased to be Director on 26 Apr 2018. Jitendar Kumar ceased to be Director on 01 Apr 2018. Devatha Pandu Nagaraj ceased to be Director on 19 Jun 2017. Studio Source has 8 board changes on record in total.
The registered office of Studio Source is at #29 Vadrapalya J.P.Nagar 8th Phase 2nd Block Gottigere Post, Bangalore, Karnataka, India – 560083.
Studio Source operates in the manufacturing industry, in the textile and fabric production segment.