MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-28-0001964
Shades of India Crafts Private Limited - consumer goods in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹107.35 Cr
▲ 19% YoY
Net profit · FY 2025
₹2.22 Cr
Net margin 2.1%
EBITDA · FY 2025
₹4.23 Cr
EBITDA margin 3.9%
Authorised capital
₹2.8 Cr
Registered with MCA
Paid-up capital
₹1.1 Cr
Issued & subscribed
Open charges
₹14.4 Cr
Satisfied ₹9.33 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
330
Provident fund records
About Shades of India Crafts Private Limited
Data last updated:
Shades of India Crafts Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 02 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1992PTC050837. Its GSTIN is 07AAACS0089C1ZP (Delhi). The company holds 17 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹2.8 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Peter David Housego (Managing Director) and Gautam Maheshwari.
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 C – 277 Golfview Appartments Dda Flats Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹107.35 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.22 Cr (net margin 2.1%) and EBITDA of ₹4.23 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 14% over five years.
The company has about 330 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shadesofindia. As per MCA filings, the company has open charges of ₹14.4 Cr and satisfied charges of ₹9.33 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 1 case is pending.
Shades of India Crafts Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0001964). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shadesofindia.com.
Company details
CIN U74899DL1992PTC050837
Registration Number 050837
Incorporation Date 02 November 1992
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0001964
Key People
Peter David Housego Managing Director Gautam Maheshwari Director Mandeep Nagi Housego Director Recognitions & Rankings of Shades of India Crafts
Contact details
Shades of India Crafts Private Limited's registered office is in New Delhi, Delhi. Its website is shadesofindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 277 Golfview Appartments Dda Flats Saket, New Delhi, Delhi, India – 110017
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Shades of India Crafts Private Limited, buy the company report.
Comprehensive company report
Shades of India Crafts 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
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Brands
Shades of India Crafts operates one associated brand: Shadesofindia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides handcrafted clothing, accessories, and home decor from Indian inspirations. | shadesofindia.com |
Business activity
The main business activity of Shades of India Crafts 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 Shades of India Crafts Private Limited, buy the company report.
Financials of Shades of India Crafts Private Limited
FY 2024 filings availableShades of India Crafts Private Limited reported revenue of ₹107.35 Cr (up 19% YoY) for FY 2025.
Revenue · FY 2025
₹107.35 Cr ▲ 19%
Net profit · FY 2025
₹2.22 Cr margin 2.1%
EBITDA · FY 2025
₹4.23 Cr margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 1%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▼ 26%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 19% growth in the latest year. EBITDA rose 14% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.22 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shades of India Crafts Private Limited, buy the company report.
Board of directors of Shades of India Crafts Private Limited
Shades of India Crafts has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Maheshwari | Director | 01 Apr 2010 | 16 Years 7 Months | Current |
| Peter David Housego Also directs: Go Love Design LLP | Managing Director | 02 Nov 1992 | 34 Years 0 Months | Current |
| Mandeep Nagi Housego Also directs: Go Love Design LLP | Director | 01 Dec 1995 | 30 Years 11 Months | Current |
Auditor
Shades of India Crafts Private Limited is audited by Rakhecha & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rakhecha & Co. | FY 2024 | 002990N |
Shareholding
The shareholding of Shades of India Crafts Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shades of India Crafts Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.4 Cr
Satisfied charges
₹9.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2025 | 101200435 | Hdfc Bank Limited | ₹30.82 Lakh | Open | |
| 25 Mar 2025 | 101110590 | Hdfc Bank Limited | ₹49 Lakh | Open | |
| 12 Dec 2023 | 100849085 | Others | ₹1.5 Cr | Open | |
| 25 Jun 2021 | 100471000 | Hdfc Bank Limited | ₹10.5 Lakh | Open | |
| 03 Feb 2016 | 100023826 | Yes Bank Limited | ₹12 Cr | Open |
To see the full charge records of Shades of India Crafts Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Shades of India Crafts Private Limited has 9 court cases on record: 2 filed by Shades of India Crafts, 7 filed against it. 1 case is pending and 8 are disposed.
Total cases
9
Filed by the company
2
Filed against the company
7
Pending
1
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 6 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Sinag Tourism Pvt. Ltd | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by M/S P.L. Dawer Fabrics | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
| District court, Central, Delhi | Court case (OMP (COMM.)) | Filed by the company against M/S P L Dawar | Disposed |
To see the full case history of Shades of India Crafts Private Limited, buy the company report.
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.
MSME payment delays
Shades of India Crafts Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 100 overdue payments to 30 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Global Threads and Accessories | |||
| an individual supplier | |||
| Nath Brothers Exim International Limited | |||
| an individual supplier |
To see the full MSME payment records of Shades of India Crafts Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shades of India Crafts Private Limited has a workforce of 330 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
330
Active EPFO establishments
2
Employee growth
33.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 330 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Shades of India Crafts Private Limited, buy the company report.
GST
Shades of India Crafts has 17 GST registrations: 6 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
17
Active
6
Cancelled / inactive
11
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACS0089C1ZP | Delhi | Active | 01 Jul 2017 |
| 09AAACS0089C1ZL | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AAACS0089C3ZL | Maharashtra | Active | 29 May 2019 |
| 06AAACS0089C2ZQ | Haryana | Active | 10 Jan 2025 |
To see the full GST registrations and return filing status of Shades of India Crafts Private Limited, buy the company report.
Recent activity
Shades of India Crafts Private Limited has 4 board changes on record since 1992: 3 appointments and 1 cessation. The latest: Peter David Housego ceased to be Managing Director on 18 Dec 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101200435 was registered on 06 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.49 Cr with Charge ID 101110590 was registered on 25 Mar 2025.
AGM
Shades Of India Crafts Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Yes Bank Limited of Rs. 12.00 Cr registered on 03 Feb 2016 with Charge ID 100023826 was modified on 29 Jul 2024.
Filing
Shades Of India Crafts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100849085 was registered on 12 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100471000 was registered on 25 Jun 2021.
Ceased
Peter David Housego ceased to be Managing Director.
Charges
A charge registered on 22 Apr 2010 via Charge ID 10218288 with Sbi Global Factors Limited was fully satisfied on 09 Nov 2017.
Charges
A charge registered on 15 Mar 2011 via Charge ID 10275140 with Srei Equipment Finance Private Limited was fully satisfied on 15 Jul 2016.
Charges
A charge registered on 14 Dec 2010 via Charge ID 10256848 with Standard Chartered Bank was fully satisfied on 21 Mar 2016.
Charges
A charge registered on 10 Nov 2010 via Charge ID 10252115 with Standard Chartered Bank was fully satisfied on 21 Mar 2016.
16 earlier events are in the company report.
Frequently asked questions
Shades of India Crafts is an active private limited company based in New Delhi, Delhi, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 02 November 1992 (34+ years old) and is registered under CIN U74899DL1992PTC050837.
Shades of India Crafts has 3 current directors:
- Peter David Housego - Managing Director
- Gautam Maheshwari - Director
- Mandeep Nagi Housego - Director
The latest financial statements of Shades of India Crafts on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shades of India Crafts is 07AAACS0089C1ZP, registered in Delhi. The company has 17 GST registrations in all, of which 6 are active and 11 are cancelled or inactive. Other active GSTINs include 09AAACS0089C1ZL (Uttar Pradesh), 27AAACS0089C3ZL (Maharashtra), 06AAACS0089C2ZQ (Haryana).
The CIN (Corporate Identification Number) of Shades of India Crafts is U74899DL1992PTC050837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shades of India Crafts has 9 court cases on record: 2 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
Shades of India Crafts was incorporated on 02 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
Peter David Housego ceased to be Managing Director on 18 Dec 2019. Gautam Maheshwari was appointed as Director on 01 Apr 2010. Mandeep Nagi Housego was appointed as Director on 01 Dec 1995. Shades of India Crafts has 4 board changes on record in total.
Yes, Shades of India Crafts is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0001964).
Shades of India Crafts has 6 MSME Form 1 returns on record between 2019 and 2021, listing 100 overdue payments to 30 micro and small suppliers. The latest return was filed on 08 May 2021.
Shades of India Crafts can be reached through the website shadesofindia.com. Its registered office is in New Delhi, Delhi, India.
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