About Textile Sourcing and Services Private Limited
Data last updated:
Textile Sourcing and Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 21 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA1998PTC023976. Its GSTIN is 29AAACT7457K1ZR (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Venu Gopal Nambiar (Managing Director) and Rachel Kattukaran.
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 No. 2 Hayes Road Richmond Town, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.22 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹7.18 Cr and EBITDA of -₹7.01 Cr. Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 63% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹10.26 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tssindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 2 Hayes Road Richmond Town, Bangalore, Karnataka, India – 560025
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Textile Sourcing and Services Private Limited
The main business activity of Textile Sourcing and Services is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Textile Sourcing and Services Private Limited FY 2024 filings available
Textile Sourcing and Services Private Limited reported revenue of ₹8.22 Lakh (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Textile Sourcing and Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 92% fall in the latest year. EBITDA fell 313% 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 Textile Sourcing and Services Private Limited
| 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 | -₹7.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.18 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 Textile Sourcing and Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Textile Sourcing and Services are in the company report.
Financial statements from 2015
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.
Board of Directors of Textile Sourcing and Services Private Limited
Textile Sourcing and Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venu Gopal Nambiar | Managing Director | 21 Jul 1998 | 28 Years 2 Months | Current |
| Rachel Kattukaran | Director | 21 Jul 1998 | 28 Years 2 Months | Current |
Peer Comparison of Textile Sourcing and Services Private Limited
Textile Sourcing and Services Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maison Alchemy Realty Private Limited | ₹8.22 Lakh (FY 2025) | •••• | •••• | 55.0% | •••• | Kolkata, West Bengal, India |
| Sanpo Yoshi Consultancy Private Limited | ₹8.22 Lakh (FY 2025) | •••• | •••• | •••• | Salcette, Goa, India | |
| Asas Tec Private Limited | ₹8.22 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| VR Management Solutions (India) Private Limited | ₹8.22 Lakh (FY 2022) | •••• | •••• | 45567.0% | •••• | Chennai, Tamil Nadu, India |
| Wealthfund Services Private Limited | ₹8.22 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Gurgaon, Haryana, India |
| Textile Sourcing and Services Private Limited this company | ₹8.22 Lakh (FY 2025) | •••• | •••• | -92.0% | •••• | Bangalore, Karnataka, India |
| Kayass Management Private Limited | ₹8.22 Lakh (FY 2020) | •••• | •••• | 4.0% | •••• | Delhi, India |
| Saal Air Technology Private Limited | ₹8.21 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Bangalore, Karnataka, India |
| PSR Advisory Services Private Limited | ₹8.21 Lakh (FY 2023) | •••• | •••• | -63.0% | •••• | Kolkata, West Bengal, India |
| Tulsa Advisory Private Limited | ₹8.21 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Dynamic Agri & Foodbiz Consultants Private Limited | ₹8.2 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Textile Sourcing and Services by revenue in the Apparel industry (Apparel Retail and Distribution, Consulting Services), 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 Textile Sourcing and Services Private Limited
Textile Sourcing and Services Private Limited is audited by Vinay and Keshava LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vinay and Keshava LLP | 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.
Ownership and Shareholding of Textile Sourcing and Services 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 Textile Sourcing and Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2012 | Icici Bank Limited | ₹10 Cr | Satisfied |
| 10 Jun 2006 | Centurion Bank of Punjab Limited | ₹25.65 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Textile Sourcing and Services Private Limited
Textile Sourcing and Services Private Limited has 3 court cases on record: 1 filed by Textile Sourcing and Services, 2 filed against it. 1 case is pending and 2 are disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Gokaldas Exports Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by Travels Tours Private Limited | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Textile Sourcing and Services Private Limited
Textile Sourcing and Services Private Limited has a workforce of 20 employees as of Apr 04, 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 Textile Sourcing and Services Private Limited
Textile Sourcing and Services Private Limited has 5 board changes on record since 1998: 2 appointments and 3 cessations. The latest: Bopanna Ballachanda Madaiah ceased to be Ceo(Kmp) on 31 Mar 2018.
Credit Ratings, Litigation & Regulatory Alerts for Textile Sourcing and Services 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 Textile Sourcing and Services 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 Textile Sourcing and Services 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 Textile Sourcing and Services Private Limited
Textile Sourcing and Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT7457K1ZR | Karnataka | Active | 01 Jul 2017 |
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 Textile Sourcing and Services 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 Textile Sourcing and Services Private Limited
Textile Sourcing and Services is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 21 July 1998 (28+ years old) and is registered under CIN U74140KA1998PTC023976.
Textile Sourcing and Services reported revenue of ₹8.22 Lakh for FY 2025 (down 92% YoY).
Textile Sourcing and Services has 2 current directors:
- Venu Gopal Nambiar - Managing Director
- Rachel Kattukaran - Director
Textile Sourcing and Services reported a net loss of ₹7.18 Cr and EBITDA of -₹7.01 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Textile Sourcing and Services is -79% over three years and -63% over five years. In the latest year (FY 2025) revenue fell 92%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Textile Sourcing and Services is 29AAACT7457K1ZR, 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 Textile Sourcing and Services is U74140KA1998PTC023976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Textile Sourcing and Services has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Textile Sourcing and Services was incorporated on 21 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Textile Sourcing and Services by revenue are Maison Alchemy Realty Private Limited, Sanpo Yoshi Consultancy Private Limited, Asas Tec Private Limited, VR Management Solutions (India) Private Limited, Wealthfund Services Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution, Consulting Services).
Bopanna Ballachanda Madaiah ceased to be Ceo(Kmp) on 31 Mar 2018. Venu Gopal Nambiar ceased to be Director on 01 Jan 2015. Jacob Mammen ceased to be Director on 16 Apr 2007. Textile Sourcing and Services has 5 board changes on record in total.