Suyash Apparels Private Limited
About Suyash Apparels Private Limited
Data last updated:
Suyash Apparels Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 21 June 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2005PTC154108. Its GSTIN is 27AAJCS0793G1Z3 (Maharashtra).
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.33 Cr. It was led by directors Manish Damodarlal Mandhania and Surendra Kabra.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at A – 502 Gayatri Darshan Co – Ophsg Society Ltd Thakur Complex Kandivali East, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.13 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹1.84 Lakh (net margin -0.2%) and EBITDA of -₹40.56 Lakh (EBITDA margin -4%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 39% over five years.
As per MCA filings, the company had satisfied charges of ₹6.48 Cr on record.
Company details
Contact details
Suyash Apparels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 502 Gayatri Darshan Co – Ophsg Society Ltd Thakur Complex Kandivali East, Mumbai, Maharashtra, India – 400101
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Suyash Apparels 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 Suyash Apparels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Suyash Apparels Private Limited, buy the company report.
Financials of Suyash Apparels Private Limited
FY 2020 filings availableSuyash Apparels Private Limited reported revenue of ₹10.13 Cr (up 36% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 36% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 39%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹10.13 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹40.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.84 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4% | ||||
| Net Profit Margin | -0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Suyash Apparels Private Limited, buy the company report.
Board of directors of Suyash Apparels Private Limited
Suyash Apparels has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Kabra Also directs: Universal Clothing Global Private Limited | Additional Director | 31 Jul 2019 | 7 Years 3 Months | As last reported |
| Manish Damodarlal Mandhania | Director | 21 Jun 2005 | 21 Years 4 Months | As last reported |
Peer comparison
Suyash Apparels Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suyash Apparels Private Limitedthis company | ₹10.13 Cr (FY 2020) | -₹1.84 Lakh | -0.2% | 36.0% | Mumbai, Maharashtra, India | |
| Picadilly Properties Private Limited | ₹7.48 Cr (FY 2024) | -50.0% | New Delhi, Delhi, India | |||
| Doshi Sarees Private Limited | ₹7.48 Cr (FY 2024) | 21.0% | Hyderabad, Telangana, India | |||
| Krislon Fashions Private Limited | ₹7.47 Cr (FY 2025) | 34.0% | Sachin, Gujarat, India | |||
| Nabo Sushma Texfab Private Limited | ₹7.46 Cr (FY 2024) | -3.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Suyash Apparels Private Limited, buy the company report.
Auditor
Suyash Apparels Private Limited is audited by L S D & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L S D & CO | FY 2019 | 138200W |
Shareholding
The shareholding of Suyash Apparels Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Suyash Apparels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2006 | 10006926 | Bank of India and Sidbi as Per Attachment 'A' | ₹3.24 Cr | Satisfied | |
| 14 Jan 2006 | 90387785 | Bank of India | ₹3.24 Cr | Satisfied |
To see the full charge records of Suyash Apparels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Suyash Apparels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Suyash Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Suyash Apparels Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Suyash Apparels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS0793G1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suyash Apparels Private Limited, buy the company report.
Recent activity
Suyash Apparels Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Satish Vankhede ceased to be Additional Director on 31 Jul 2019.
Frequently asked questions
Suyash Apparels has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Suyash Apparels was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 21 June 2005 and is registered under CIN U17120MH2005PTC154108. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Suyash Apparels was incorporated on 21 June 2005. It is registered with the Registrar of Companies, Mumbai.
Suyash Apparels had 2 directors:
- Surendra Kabra - Additional Director
- Manish Damodarlal Mandhania - Director
The CIN (Corporate Identification Number) of Suyash Apparels is U17120MH2005PTC154108. 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 Suyash Apparels is at A – 502 Gayatri Darshan Co – Ophsg Society Ltd Thakur Complex Kandivali East, Mumbai, Maharashtra, India – 400101.
The latest financial statements of Suyash Apparels on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Suyash Apparels is 27AAJCS0793G1Z3, registered in Maharashtra.
Suyash Apparels operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Suyash Apparels by revenue are Picadilly Properties Private Limited, Doshi Sarees Private Limited, Krislon Fashions Private Limited, Nabo Sushma Texfab Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Satish Vankhede ceased to be Additional Director on 31 Jul 2019. Surendra Kabra was appointed as Additional Director on 31 Jul 2019. Manojkumar Damodar Mandania ceased to be Director on 10 Oct 2018. Suyash Apparels has 5 board changes on record in total.
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