MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0005178
Swan Silk Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.07 Cr
▼ 4% YoY
Net profit · FY 2024
₹1.05 Cr
Net margin 13%
EBITDA · FY 2024
₹2.5 Cr
EBITDA margin 31%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹2.45 Cr
Issued & subscribed
Open charges
₹19.02 Cr
Satisfied ₹30.46 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
28
Provident fund records
About Swan Silk Private Limited
Data last updated:
Swan Silk Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 08 July 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17112KA1986PTC007683. Its GSTIN is 29AACCS4515R1ZR (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹2.45 Cr. It is led by directors including Kabadi Govindsa Sundarsa (Managing Director) and Kabadi Radhusa Sundarsa.
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 Swan House No 40 4th Cross Residency Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.07 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 13%) and EBITDA of ₹2.5 Cr (EBITDA margin 31%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 18% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Swan Silk. As per MCA filings, the company has open charges of ₹19.02 Cr and satisfied charges of ₹30.46 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it.
Swan Silk Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0005178). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swansilk.com.
Company details
CIN U17112KA1986PTC007683
Registration Number 007683
Incorporation Date 08 July 1986
ROC Bangalore
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-KR-03-0005178
Key People
Kabadi Govindsa Sundarsa Managing Director Kabadi Radhusa Sundarsa Director Kabadi Sundarsa Manjunath Director Recognitions & Rankings of Swan Silk
Contact details
Swan Silk Private Limited's registered office is in Bangalore, Karnataka. Its website is swansilk.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSwan House No 40 4th Cross Residency Road, Bangalore, Karnataka, India – 560025
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Swan Silk Private Limited, buy the company report.
Comprehensive company report
Swan Silk 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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Brands
Swan Silk operates one associated brand: Swan Silk. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports high-quality silk fabrics. | swansilk.com |
Business activity
The main business activity of Swan Silk is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Swan Silk Private Limited, buy the company report.
Financials of Swan Silk Private Limited
FY 2024 filings availableSwan Silk Private Limited reported revenue of ₹8.07 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹8.07 Cr ▼ 4%
Net profit · FY 2024
₹1.05 Cr margin 13%
EBITDA · FY 2024
₹2.5 Cr margin 31%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 6%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 49%
5 years · compounded
▼ 12%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 4% fall in the latest year. EBITDA fell 4% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31% | ||||
| Net Profit Margin | 13% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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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 Swan Silk Private Limited, buy the company report.
Board of directors of Swan Silk Private Limited
Swan Silk has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kabadi Radhusa Sundarsa | Director | 09 Mar 1987 | 39 Years 8 Months | Current |
| Kabadi Govindsa Sundarsa | Managing Director | 09 Mar 1987 | 39 Years 8 Months | Current |
| Kabadi Sundarsa Manjunath | Director | 23 May 1994 | 32 Years 5 Months | Current |
| Kabadi Vittal Sundarsa | Director | 09 Mar 1987 | 39 Years 8 Months | Current |
| Kabadi Gnaneshwar Sundarsa | Director | 01 Jan 2016 | 10 Years 10 Months | Current |
| Govindsa Tulasu Bai Also directs: Swan Weaves Private Limited | Director | 09 Mar 1987 | 39 Years 8 Months | Current |
Peer comparison
Swan Silk Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing, 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 |
|---|---|---|---|---|---|---|
| Bharadia Brothers P Ltd | ₹8.07 Cr (FY 2025) | 12.0% | Kolhapur, Maharashtra, India | |||
| Akshay Fibers Private Limited | ₹8.07 Cr (FY 2025) | 7.0% | Amritsar, Punjab, India | |||
| Swan Silk Private Limitedthis company | ₹8.07 Cr (FY 2024) | ₹1.05 Cr | 13% | -4.0% | 28 | Bangalore, Karnataka, India |
| Lilac Textiles Private Limited | ₹8.07 Cr (FY 2025) | 436.0% | Shirpur, Maharashtra, India | |||
| Eskay K 'N' IT (India) Limited | ₹8.06 Cr (FY 2019) | -74.0% | Silvassa, Dadra and Nagar Haveli, India |
To see the full peer comparison of Swan Silk Private Limited, buy the company report.
Auditor
Swan Silk Private Limited is audited by B K Ramdhyani & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B K Ramdhyani & Co LLP | FY 2022 | 002878S/S200021 |
Shareholding
The shareholding of Swan Silk 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swan Silk Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.02 Cr
Satisfied charges
₹30.46 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2014 | 10523637 | State Bank of India | ₹8 Cr | Open | |
| 23 Nov 1994 | 90195212 | State Bank of India | ₹3.2 Cr | Open | |
| 19 Mar 1993 | 90191069 | Gujarat Industrial Investment Corporation Limited | ₹1.06 Cr | Open | |
| 02 Aug 1991 | 90190818 | Karnataka State Industrial Investment & Develop. Corpn. Ltd. | ₹1.08 Cr | Open | |
| 26 Mar 1990 | 90190599 | Karnataka State Industrial Investment & Develop. Corpn. Ltd. | ₹10 Lakh | Open |
To see the full charge records of Swan Silk Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Swan Silk Private Limited has 12 court cases on record: 7 filed by Swan Silk, 5 filed against it. All cases are disposed.
Total cases
12
Filed by the company
7
Filed against the company
5
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 0 |
| District courts | 3 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against State of Karnataka and 3 others | Disposed |
| District court, CHIKKABALLAPUR, Karnataka | Court case (ID Ref) | Filed against the company by individuals | Disposed |
| High Court of Karnataka | Tax appeal | Filed by the company against The Assistant Commissioner of Income Tax | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (0321-Direct Taxes Matter : CBDT circular) | Filed against the company by Commissioner of Income Tax Bangalore III Central Revenue Building, Queen Road , District: Bangalore ,Bangalore , Karnataka and 1 other | Disposed |
To see the full case history of Swan Silk 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 Swan Silk Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Swan Silk Private Limited has a workforce of 28 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
7.69%
GST
Swan Silk has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS4515R1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swan Silk Private Limited, buy the company report.
Recent activity
Swan Silk Private Limited has 7 board changes on record since 1987: 6 appointments and 1 cessation. The latest: Kabadi Gnaneshwar Sundarsa ceased to be Additional Director on 30 Sep 2016.
AGM
Swan Silk Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Swan Silk Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 29 Apr 2013 via Charge ID 10425599 with Others was fully satisfied on 16 Sep 2020.
Charges
A charge with Others of Rs. 9.01 Cr registered on 29 Apr 2013 with Charge ID 10425599 was modified on 30 Nov 2018.
Ceased
Kabadi Gnaneshwar Sundarsa ceased to be Additional Director.
Appointed
Kabadi Gnaneshwar Sundarsa was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 8.00 Cr with Charge ID 10523637 was registered on 19 Sep 2014.
Charges
A charge registered on 27 Feb 1989 via Charge ID 90194911 with State Bank Of India was fully satisfied on 31 Oct 2013.
Charges
A charge with Others amounted to Rs. 9.01 Cr with Charge ID 10425599 was registered on 29 Apr 2013.
Charges
A charge with State Bank Of India of Rs. 21.45 Cr registered on 27 Feb 1989 with Charge ID 90194911 was modified on 26 May 2008.
Charges
A charge with State Bank Of India of Rs. 3.20 Cr registered on 23 Nov 1994 with Charge ID 90195212 was modified on 31 Mar 1995.
Charges
A charge with State Bank Of India amounted to Rs. 3.20 Cr with Charge ID 90195212 was registered on 23 Nov 1994.
16 earlier events are in the company report.
Frequently asked questions
Swan Silk is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 08 July 1986 (40+ years old) and is registered under CIN U17112KA1986PTC007683.
Swan Silk has 6 current directors:
- Kabadi Govindsa Sundarsa - Managing Director
- Kabadi Radhusa Sundarsa - Director
- Kabadi Sundarsa Manjunath - Director
- Kabadi Vittal Sundarsa - Director
- Kabadi Gnaneshwar Sundarsa - Director
- Govindsa Tulasu Bai - Director
The latest financial statements of Swan Silk 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 Swan Silk is 29AACCS4515R1ZR, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Swan Silk is U17112KA1986PTC007683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swan Silk has 12 court cases on record: 7 filed by the company and 5 filed against it. Most are in the high courts.
Swan Silk was incorporated on 08 July 1986, making it 40+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Swan Silk by revenue are Bharadia Brothers P Ltd, Akshay Fibers Private Limited, Lilac Textiles Private Limited, Eskay K 'N' IT (India) Limited, all in the BFSI industry (Real Estate Leasing, Textiles), with the same principal business activity (textile, leather and other apparel products).
Kabadi Gnaneshwar Sundarsa ceased to be Additional Director on 30 Sep 2016. Kabadi Gnaneshwar Sundarsa was appointed as Director on 01 Jan 2016. Kabadi Sundarsa Manjunath was appointed as Director on 23 May 1994. Swan Silk has 7 board changes on record in total.
Yes, Swan Silk is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0005178).
Swan Silk can be reached through the website swansilk.com. Its registered office is in Bangalore, Karnataka, India.
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