MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0281590
Tessuti Industries Private Limited
Tessuti Industries Private Limited - fashion and textile in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.29 Cr
▼ 15% YoY
Net loss · FY 2025
₹57.32 Lakh
Net margin -3%
EBITDA · FY 2025
-₹21.78 Lakh
EBITDA margin -1.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Directors on board
5
As per MCA filings
About Tessuti Industries Private Limited
Data last updated:
Tessuti Industries Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 11 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2006PTC040469. Its GSTIN is 29AACCT7589A2Z0 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Ramesh Kothari and Vasanthi Kothari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #25/1 1st Floor 9th Cross 19th A Main J.P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.29 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹57.32 Lakh (net margin -3%) and EBITDA of -₹21.78 Lakh (EBITDA margin -1.1%). Revenue has grown at a compounded annual rate (CAGR) of 808% over five years.
As per MCA filings, the company has open charges of ₹2 Cr on record.
Tessuti Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0281590). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18101KA2006PTC040469
Registration Number 040469
Incorporation Date 11 September 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0281590
Recognitions & Rankings of Tessuti Industries
Contact details
Tessuti Industries Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#25/1 1st Floor 9th Cross 19th A Main J.P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Tessuti Industries Private Limited, buy the company report.
Comprehensive company report
Tessuti Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Tessuti Industries 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 Tessuti Industries Private Limited, buy the company report.
Financials of Tessuti Industries Private Limited
FY 2025 filings availableTessuti Industries Private Limited reported revenue of ₹19.29 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹19.29 Cr ▼ 15%
Net loss · FY 2025
₹57.32 Lakh margin -3%
EBITDA · FY 2025
-₹21.78 Lakh margin -1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
5 years · compounded
▲ 808%
EBITDA CAGR growth
1 year
▼ 109%
3 years · compounded
▼ 400%
5 years · compounded
▼ 72%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 808%. EBITDA fell 109% 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 2024-25 | 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 | -₹21.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹57.32 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.1% | ||||
| Net Profit Margin | -3% | ||||
| 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 Tessuti Industries Private Limited, buy the company report.
Board of directors of Tessuti Industries Private Limited
Tessuti Industries has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kothari | Director | 18 Feb 2015 | 11 Years 8 Months | Current |
| Vasanthi Kothari | Director | 20 Jun 2023 | 3 Years 4 Months | Current |
| Saroj Dilip Kothari | Director | 20 Jun 2023 | 3 Years 4 Months | Current |
| Rajesh Kothari | Director | 20 Jun 2023 | 3 Years 4 Months | Current |
| Jitendra Kothari | Director | 11 Sep 2006 | 20 Years 1 Months | Current |
Peer comparison
Tessuti Industries Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Branded Wear), 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 |
|---|---|---|---|---|---|---|
| Nachias Fashion Private Limited | ₹20.25 Cr (FY 2025) | 32.0% | Madurai, Tamil Nadu, India | |||
| Satsai International Designer Private Limited | ₹19.32 Cr (FY 2021) | -18.0% | Delhi, India | |||
| Tessuti Industries Private Limitedthis company | ₹19.29 Cr (FY 2025) | -₹57.32 Lakh | -3% | -15.0% | Bangalore, Karnataka, India | |
| Jas Overseas Exports Private Limited | ₹18.66 Cr (FY 2025) | -7.0% | Madurai, Tamil Nadu, India | |||
| Lecoanet Hemant India Private Limited | ₹18.5 Cr (FY 2025) | -31.0% | New Delhi, Delhi, India | |||
| Gunno Knits Private Limited | ₹17.66 Cr (FY 2024) | -12.0% | New Delhi, Delhi, India |
To see the full peer comparison of Tessuti Industries Private Limited, buy the company report.
Auditor
Tessuti Industries Private Limited is audited by T D JAIN AND D I SAKARIA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T D JAIN AND D I SAKARIA | FY 2017 | 002491S |
Shareholding
The shareholding of Tessuti Industries Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tessuti Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2024 | 100991519 | Others | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Tessuti Industries 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 Tessuti Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tessuti Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCT7589A2Z0 | Karnataka | Active | 23 Jan 2020 |
To see the full GST registrations and return filing status of Tessuti Industries Private Limited, buy the company report.
Recent activity
Tessuti Industries Private Limited has 10 board changes on record since 2006: 5 appointments and 5 cessations. The latest: Rajesh Kothari ceased to be Additional Director on 29 Sep 2023.
AGM
Tessuti Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tessuti Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100991519 was registered on 19 Jul 2024.
Ceased
Rajesh Kothari ceased to be Additional Director.
Ceased
Saroj Dilip Kothari ceased to be Additional Director.
Ceased
Vasanthi Kothari ceased to be Additional Director.
Appointed
Rajesh Kothari was appointed as Director.
Appointed
Saroj Dilip Kothari was appointed as Director.
Appointed
Vasanthi Kothari was appointed as Director.
Ceased
Ramesh Kothari ceased to be Additional Director.
Ceased
Mahendra Kotari ceased to be Director.
Appointed
Ramesh Kothari was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Tessuti Industries is an active private limited company based in Bangalore, Karnataka, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 11 September 2006 (20+ years old) and is registered under CIN U18101KA2006PTC040469.
Tessuti Industries has 5 current directors:
- Ramesh Kothari - Director
- Vasanthi Kothari - Director
- Saroj Dilip Kothari - Director
- Rajesh Kothari - Director
- Jitendra Kothari - Director
The latest financial statements of Tessuti Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tessuti Industries is 29AACCT7589A2Z0, 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 Tessuti Industries is U18101KA2006PTC040469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tessuti Industries was incorporated on 11 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Tessuti Industries by revenue are Nachias Fashion Private Limited, Satsai International Designer Private Limited, Jas Overseas Exports Private Limited, Lecoanet Hemant India Private Limited, Gunno Knits Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Rajesh Kothari ceased to be Additional Director on 29 Sep 2023. Saroj Dilip Kothari ceased to be Additional Director on 29 Sep 2023. Vasanthi Kothari ceased to be Additional Director on 29 Sep 2023. Tessuti Industries has 10 board changes on record in total.
Yes, Tessuti Industries is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0281590).
The registered office of Tessuti Industries is at #251 1st Floor 9th Cross 19th A Main J.P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
Tessuti Industries operates in the fashion and textile industry, in the designer and branded fashion segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages