Tailortech Private Limited
About Tailortech Private Limited
Data last updated:
Tailortech Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 02 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U93090TG2020PTC146468. Its GSTIN is 36AAICT2655D1ZD (Telangana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹2.61 Lakh. It is led by directors including Maheshkumar Maganlal Patel and Neema Rani.
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 4th Floor Kapil Towers Financial District Gachibowli, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.31 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹9.81 Cr (net margin -118%) and EBITDA of -₹7.54 Cr (EBITDA margin -90.7%). Revenue has grown at a compounded annual rate (CAGR) of 762% over three years.
The company has about 115 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CloudTailor. The company has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹18.58 Cr; the latest was in May 2024. Its 10 peer companies in the Apparel industry (Apparel Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Triworld Fashions Limited.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address4th Floor Kapil Towers Financial District Gachibowli, Hyderabad, Telangana, India – 500032
- IndustryFashion and Textile, Fashion Retail
- 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 Tailortech Private Limited
The main business activity of Tailortech is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Tailortech Private Limited FY 2024 filings available
Tailortech Private Limited reported revenue of ₹8.31 Cr (up 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Tailortech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 762% over three years, including 48% growth in the latest year. EBITDA fell 389% 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 Tailortech Private Limited
| Metrics | 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 | -₹7.54 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.81 Cr | •••• | •••• | •••• |
| 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 Tailortech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -90.7% | •••• | •••• | •••• |
| Net Profit Margin | -118% | •••• | •••• | •••• |
| 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 Tailortech are in the company report.
Financial statements from FY 2021
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 Tailortech Private Limited
Tailortech Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Triworld Fashions Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Alipore Condominiums & Investments Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Chopra Lace Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Rajesh Creations Private Limited | •••• | •••• | •••• | •••• | - | Porbandar, Gujarat, India |
| SV Patil Retail Ventures Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Tailortech Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Aakarshan Boutique Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Giriraj Projects Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Niryat Sam Apparels India Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Mayfair Fashions Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Orijean Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Tailortech by revenue in the Apparel industry (Apparel Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Tailortech Private Limited
Tailortech Private Limited is audited by MAYUR AGRAWAL for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAYUR AGRAWAL | 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 Tailortech Private Limited
Tailortech has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maheshkumar Maganlal Patel Also directs: Knowhub Network LLP, Chakra Strategic Ventures LLP, Naturestem Solutions LLP and 3 more | Director | 18 Jan 2021 | 5 Years 8 Months | Current |
| Neema Rani Also directs: Ideaexo IT Services LLP, Frostflair Delights LLP, Sidy Toys Private Limited and 3 more | Director | 25 Nov 2021 | 4 Years 10 Months | Current |
| Rudra Pratap Enumulu | Director | 02 Dec 2020 | 5 Years 10 Months | Current |
| Susmitha Lakkakula | Director | 02 Dec 2020 | 5 Years 10 Months | Current |
| Yerubandi Venkata Ratnam Also directs: Noblesoft Technologies Private Limited | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
Ownership and Shareholding of Tailortech 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 Tailortech Private Limited
Tailortech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Tailortech Private Limited
Tailortech Private Limited has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹18.58 Cr; the latest was in May 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Funding round | ₹1.07 Cr | Investors: Magnifiq Capital Trust, 3 individuals |
| Sep 2023 | Funding round | ₹6.45 Cr | Investors: 4 individuals |
| Aug 2023 | Funding round | ₹11.4 Lakh | Investors: Roopa Duke Properties LLP , an individual |
| Jun 2023 | Funding round | ₹5.92 Cr | Investors: Bay Capital Partners, 3 individuals |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Tailortech Private Limited
Tailortech operates one associated brand: CloudTailor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Personalized fashion and tailoring services for women | cloudtailor.com |
Employees and EPFO Compliance at Tailortech Private Limited
Tailortech Private Limited has a workforce of 115 employees as of Apr 05, 2024.
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 Tailortech Private Limited
Tailortech Private Limited has 5 board changes on record since 2020: 5 appointments. The latest: Yerubandi Venkata Ratnam was appointed as Director on 01 Mar 2024.
Credit Ratings, Litigation & Regulatory Alerts for Tailortech 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 Tailortech 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 Tailortech 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 Tailortech Private Limited
Tailortech has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICT2655D1ZD | Telangana | Active | 16 Dec 2020 |
| 29AAICT2655D1Z8 | Karnataka | Active | 25 May 2022 |
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 Tailortech 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 Tailortech Private Limited
Tailortech is an active private limited company based in Hyderabad, Telangana, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 02 December 2020 (6+ years old) and is registered under CIN U93090TG2020PTC146468.
Tailortech reported revenue of ₹8.31 Cr for FY 2024 (up 48% YoY).
Tailortech has 5 current directors:
- Maheshkumar Maganlal Patel - Director
- Neema Rani - Director
- Rudra Pratap Enumulu - Director
- Susmitha Lakkakula - Director
- Yerubandi Venkata Ratnam - Director
Tailortech reported a net loss of ₹9.81 Cr (net margin -118%) and EBITDA of -₹7.54 Cr (EBITDA margin -90.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tailortech is 762% over three years. In the latest year (FY 2024) revenue rose 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tailortech is 36AAICT2655D1ZD, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAICT2655D1Z8 (Karnataka).
The CIN (Corporate Identification Number) of Tailortech is U93090TG2020PTC146468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tailortech was incorporated on 02 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
Tailortech has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹18.58 Cr; the latest was in May 2024.
The peers of Tailortech by revenue are Triworld Fashions Limited, Alipore Condominiums & Investments Pvt Ltd, Chopra Lace Private Limited, Rajesh Creations Private Limited, SV Patil Retail Ventures Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).
Yerubandi Venkata Ratnam was appointed as Director on 01 Mar 2024. Neema Rani was appointed as Director on 25 Nov 2021. Maheshkumar Maganlal Patel was appointed as Director on 18 Jan 2021. Tailortech has 5 board changes on record in total.