Telesto Comnet Private Limited

Telesto Comnet Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2002PTC135972 Incorporated 23 May 2002 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods
Data last updated
Revenue · FY 2022
₹80 Lakh
▲ 171% YoY
Net loss · FY 2022
₹23.2 Lakh
Net margin -29%
EBITDA · FY 2022
-₹20.98 Lakh
EBITDA margin -26.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.13 Cr
Issued & subscribed
Open charges
₹76.04 Cr
Satisfied ₹7.7 Cr
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings

About Telesto Comnet Private Limited

Data last updated:

Telesto Comnet Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mirah Dekor Private Limited. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 23 May 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2002PTC135972. Its GSTIN is 27AABCT9342G1Z7 (Maharashtra).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.13 Cr. It is led by directors Kanchan Kapildev Vyas and Anand Muddu Shetty.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Sh 17/18 Floor 3 Parvati Industrial Estate Sun Mill Compound Lower Parel, Mumbai, Maharashtra, India – 400013.

As per the financials filed for FY 2022, the company reported a revenue of ₹80 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹23.2 Lakh (net margin -29%) and EBITDA of -₹20.98 Lakh (EBITDA margin -26.2%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 38% over five years.

As per MCA filings, the company has open charges of ₹76.04 Cr and satisfied charges of ₹7.7 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Telesto Comnet Private Limited
CIN U72900MH2002PTC135972
Registration Number 135972
Incorporation Date 23 May 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Parent Company Mirah Dekor Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Sh 17/18 Floor 3 Parvati Industrial Estate Sun Mill Compound Lower Parel, Mumbai, Maharashtra, India – 400013
  • Industry
    Consumer Goods, Accessories Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Telesto Comnet Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Telesto Comnet Private Limited

The main business activity of Telesto Comnet is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Telesto Comnet Private Limited FY 2022 filings available

Telesto Comnet Private Limited reported revenue of ₹80 Lakh (up 171% YoY) for FY 2022.

Revenue · FY 2022
₹80 Lakh ▲ 171%
Net loss · FY 2022
₹23.2 Lakh margin -29%
EBITDA · FY 2022
-₹20.98 Lakh margin -26.2%

Compounded Annual Growth Rate (CAGR) of Telesto Comnet Private Limited

Revenue CAGR growth
1 year
▲ 171%
3 years · compounded
▼ 22%
5 years · compounded
▼ 38%
EBITDA CAGR growth
1 year
▲ 68%
3 years · compounded
▼ 72%
5 years · compounded
▼ 17%

Revenue rose 171% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 38%. EBITDA rose 68% 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 Telesto Comnet Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹80 Lakh••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹20.98 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹23.2 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 Telesto Comnet Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-26.2%••••••••••••••••
Net Profit Margin-29%••••••••••••••••
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 Telesto Comnet are in the company report.

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Financial statements from 2015

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Peer Comparison of Telesto Comnet Private Limited

Telesto Comnet Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution, Furniture Retail and Distribution, Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shashwath Silks and Sarees Private Limited₹80.33 Lakh (FY 2018)••••••••-49.0%••••Bangalore, Karnataka, India
Viewlink Marcom Private Limited₹80.18 Lakh (FY 2025)••••••••-59.0%••••Kolkata, West Bengal, India
Harshika Trading Private Limited₹80.17 Lakh (FY 2019)••••••••-100.0%••••Mumbai, Maharashtra, India
Tamasvini Sales Agency Private Limited₹80.12 Lakh (FY 2018)••••••••-93.0%••••Mumbai, Maharashtra, India
Stellent Chemicals Industries Limited₹80.1 Lakh (FY 2025)••••••••13.0%••••Vadodara, Gujarat, India
Telesto Comnet Private Limited this company₹80 Lakh (FY 2022)••••••••171.0%••••Mumbai, Maharashtra, India
Pure Kashmir Exposition Private Limited₹79.92 Lakh (FY 2025)••••••••-4.0%••••Srinagar, Jammu & Kashmir, India
Baisakhi Suppliers Private Limited₹79.89 Lakh (FY 2025)••••••••1153.0%••••Varanasi, Uttar Pradesh, India
Maruti Fibres Pvt. Ltd₹79.83 Lakh (FY 2025)••••••••6.0%••••Bhilwara, Rajasthan, India
Creative Roots Events Private Limited₹79.81 Lakh (FY 2025)••••••••-29.0%••••New Delhi, Delhi, India
Geeta Madan Precious Private Limited₹79.77 Lakh (FY 2025)••••••••162.0%••••Kakadeo, Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Telesto Comnet by revenue in the Consumer Products industry (Accessories Retail and Distribution, Furniture Retail and Distribution, Textile 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 Telesto Comnet Private Limited

Telesto Comnet Private Limited is audited by KATARUKA & ASSOCIATES for the financial year 2022.

NameStatusAppointment DateCessation Date
KATARUKA & ASSOCIATESLockedLockedLocked
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Board of Directors of Telesto Comnet Private Limited

Telesto Comnet has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kanchan Kapildev VyasDirector21 Jun 20179 Years 3 MonthsCurrent
Anand Muddu ShettyDirector22 Sep 20197 Years 0 MonthsCurrent

Ownership and Shareholding of Telesto Comnet Private Limited

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Charges & Borrowings of Telesto Comnet Private Limited

Open charges
₹76.04 Cr
Satisfied charges
₹7.7 Cr
Breakdown by lending institutions
Axis Bank Ltd₹58.34 Cr
Axis Bank Limited₹13.30 Cr
Uti Bank Ltd₹4.40 Cr
Latest charge details
DateLenderAmountStatus
25 Sep 2014Axis Bank Limited₹5 CrOpen
08 Nov 2011Axis Bank Ltd₹8.12 CrOpen
29 Sep 2009Axis Bank Limited₹5 CrOpen
29 Sep 2009Axis Bank Limited₹2 CrOpen
24 Sep 2009Axis Bank Limited₹1.3 CrOpen

Total charge records: 11 View all charges

Employees and EPFO Compliance at Telesto Comnet Private Limited

Employment history and EPFO contributions of people linked to Telesto Comnet.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Telesto Comnet Private Limited

Telesto Comnet Private Limited has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Rajendra Goenka ceased to be Director on 20 Dec 2019.

AGM
Telesto Comnet Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Telesto Comnet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai I.
Ceased
Rajendra Goenka ceased to be Director.
Appointed
Anand Muddu Shetty was appointed as Director.
Ceased
Anand Muddu Shetty ceased to be Director.
Ceased
Kanchan Kapildev Vyas ceased to be Additional Director.
Appointed
Kanchan Kapildev Vyas was appointed as Director.
Ceased
Umesh Bhalchandra Vartak ceased to be Director.
Ceased
Jitendra Liladhar Vithalani ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 25 Sep 2014 with Charge ID 10525786 was modified on 25 Apr 2015.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 10525786 was registered on 25 Sep 2014.
Charges
A charge with Axis Bank Ltd of Rs. 8.12 Cr registered on 08 Nov 2011 with Charge ID 10325747 was modified on 24 Sep 2013.

19 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Telesto Comnet Private Limited

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MSME Payment Delays by Telesto Comnet Private Limited

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Subsidiaries & Group Companies of Telesto Comnet Private Limited

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GST Compliance of Telesto Comnet Private Limited

Telesto Comnet has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCT9342G1Z7MaharashtraActive01 Jul 2017
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MCA Filings & Documents of Telesto Comnet Private Limited

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Frequently Asked Questions about Telesto Comnet Private Limited

Telesto Comnet is an active private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 23 May 2002 (24+ years old) and is registered under CIN U72900MH2002PTC135972.

Telesto Comnet reported revenue of ₹80 Lakh for FY 2022 (up 171% YoY).

Telesto Comnet has 2 current directors:

Telesto Comnet reported a net loss of ₹23.2 Lakh (net margin -29%) and EBITDA of -₹20.98 Lakh (EBITDA margin -26.2%) for FY 2022, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Telesto Comnet is -22% over three years and -38% over five years. In the latest year (FY 2022) revenue rose 171%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Telesto Comnet is 27AABCT9342G1Z7, registered in Maharashtra.

The CIN (Corporate Identification Number) of Telesto Comnet is U72900MH2002PTC135972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Telesto Comnet has 4 court cases on record: 1 filed by the company and 3 filed against it.

Telesto Comnet was incorporated on 23 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Telesto Comnet by revenue are Shashwath Silks and Sarees Private Limited, Viewlink Marcom Private Limited, Harshika Trading Private Limited, Tamasvini Sales Agency Private Limited, Stellent Chemicals Industries Limited and 5 more, all in the Consumer Products industry (Accessories Retail and Distribution, Furniture Retail and Distribution, Textile Retail and Distribution).

Rajendra Goenka ceased to be Director on 20 Dec 2019. Anand Muddu Shetty was appointed as Director on 22 Sep 2019. Anand Muddu Shetty ceased to be Director on 22 Sep 2019. Telesto Comnet has 10 board changes on record in total.

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