About Yuroas Textiles Private Limited
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Yuroas Textiles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 16 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2006PTC162681. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹38 Lakh. It is led by directors Suresh Shankar Vishwasrao and Asmita Suresh Vishwasrao.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at B/9 Dream Sbi Staff Chs Ltd. Babhai Borivli (West), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2020, the company reported a revenue of ₹28.78 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹51.78 Lakh (net margin -180%) and EBITDA of ₹5.58 Lakh (EBITDA margin 19.4%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 58% over five years.
As per MCA filings, the company has satisfied charges of ₹7.59 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website romeopolymers.com.
Company details
Contact details
Yuroas Textiles Private Limited's registered office is in Mumbai, Maharashtra. Its website is romeopolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB/9 Dream Sbi Staff Chs Ltd. Babhai Borivli (West), Mumbai, Maharashtra, India – 400092
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Yuroas Textiles Private Limited, buy the company report.
- 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
Business activity
The main business activity of Yuroas Textiles is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Yuroas Textiles Private Limited, buy the company report.
Financials of Yuroas Textiles Private Limited
FY 2020 filings availableYuroas Textiles Private Limited reported revenue of ₹28.78 Lakh (up 1918243% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹28.78 Lakh | ||||
| Other Income | |||||
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| EBITDA | ₹5.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹51.78 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.4% | ||||
| Net Profit Margin | -180% | ||||
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To see the full financial statements and ratios of Yuroas Textiles Private Limited, buy the company report.
Board of directors of Yuroas Textiles Private Limited
Yuroas Textiles has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asmita Suresh Vishwasrao | Additional Director | 18 Oct 2023 | 3 Years 0 Months | Current |
| Suresh Shankar Vishwasrao Also directs: Sti India Limited, Quest Profin Advisor Private Limited | Director | 02 May 2007 | 19 Years 6 Months | Current |
Auditor
Yuroas Textiles Private Limited is audited by D KOTHARY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D KOTHARY & CO | FY 2020 | 105335W |
Shareholding
The shareholding of Yuroas Textiles Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Yuroas Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2014 | 10520491 | Others | ₹3.6 Cr | Satisfied | |
| 30 Aug 2014 | 10520500 | Others | ₹54.59 Lakh | Satisfied | |
| 14 Mar 2012 | 10344824 | The Cosmos Co-Op Bank Ltd | ₹2.44 Cr | Satisfied | |
| 06 Nov 2008 | 10128625 | State Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Yuroas Textiles Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Yuroas Textiles 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 Yuroas Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Yuroas Textiles has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Yuroas Textiles Private Limited, buy the company report.
Recent activity
Yuroas Textiles Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Asmita Suresh Vishwasrao was appointed as Additional Director on 18 Oct 2023.
6 earlier events are in the company report.
Frequently asked questions
Yuroas Textiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 16 June 2006 (20+ years old) and is registered under CIN U17299MH2006PTC162681.
Yuroas Textiles has 2 current directors:
- Asmita Suresh Vishwasrao - Additional Director
- Suresh Shankar Vishwasrao - Director
The latest financial statements of Yuroas Textiles on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Yuroas Textiles has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Yuroas Textiles is U17299MH2006PTC162681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yuroas Textiles was incorporated on 16 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Asmita Suresh Vishwasrao was appointed as Additional Director on 18 Oct 2023. Rohit Suresh Vishwasrao ceased to be Director on 18 Oct 2023. Asmita Suresh Vishwasrao ceased to be Director on 20 Aug 2010. Yuroas Textiles has 5 board changes on record in total.
Yuroas Textiles can be reached through the website romeopolymers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Yuroas Textiles is at B9 Dream Sbi Staff Chs Ltd. Babhai Borivli West, Mumbai, Maharashtra, India – 400092.
Yuroas Textiles operates in the home and lifestyle industry, in the textile retail and distribution segment.
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