Adinath Textiles Limited

Textile manufacturer producing garment trim items with 4,800 spindles, part of Shreyans Group.

1979 | Ludhiana, Punjab (India) | Active
Last Updated:

Adinath Textiles Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.83 Cr
  • Company Age 46 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 19.02 Cr
  • Revenue Growth 18.52%
  • Profit Growth 189.96%
  • Ebitda 1.94%
  • Net Worth 37.05%
  • Total Assets 6.49%

About Adinath Textiles

Adinath Textiles Limited (ATL) is a Public Limited Indian Non-Government Company incorporated in India on 16 January 1979 and has a history of 46 years and one month. Its registered office is in Ludhiana, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514113.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.83 Cr.

The company has closed loans amounting to ₹19.02 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Adinath Textiles Limited India are Harpreet Gambhir as COMPANY SECRETARY and Rajesh Kumar as Cfo. Ravinder Kumar, Priya Begana, Krishan Sethi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    adinathtextiles.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17115PB1979PLC003910

  • Company No.

    003910

  • Stock Symbol

    BSE : 514113

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 1979

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Adinath Textiles?

Executive Team (4)

NameDesignationAppointment DateStatus
Harpreet Gambhir Company Secretary01-Aug-2023Current
Rajesh Kumar Country flag representing In CFO26-May-2014Current
Vishal Oswal Country flag representing In Managing Director01-May-2017Current
Rajneesh Oswal Country flag representing In Managing Director30-Jun-1989Current

Board Members (3)

NameDesignationAppointment DateStatus
Ravinder Kumar Country flag representing In Director 12-Nov-2022Current
Priya Begana Country flag representing In Director 12-Jan-2017Current
Krishan Sethi Country flag representing In Director 19-May-2022Current

Financial Performance of Adinath Textiles.

Adinath Textiles Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.52% increase. The company also saw a substantial improvement in profitability, with a 189.96% increase in profit. The company's net worth Soared by an impressive increase of 37.05%.

Adinath Textiles revenue growth over time
Adinath Textiles profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
18.52%
Revenue from Operations
Total Assets
6.49%
Profit or Loss
189.96%
Net Worth
37.05%
EBITDA
1.94%

What is the Ownership and Shareholding Structure of Adinath Textiles?

In 2022, Adinath Textiles had a promoter holding of 43.58% and a public holding of 56.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹19.02 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 10.72 Cr
  • Allahabad Bank : 4.90 Cr
  • State Bank Of Patiala : 1.90 Cr
  • State Bank Of India : 0.70 Cr
  • State Bank Of India : 0.50 Cr
  • Others : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
05 Apr 1999State Bank Of Patiala₹3.00 MSatisfied
28 Apr 1998State Bank Of Patiala₹1.15 CrSatisfied
26 Nov 1993Indian Bank₹10.52 CrSatisfied
18 May 1991Allahabad Bank₹4.00 CrSatisfied
27 Nov 1990State Bank Of India₹5.00 MSatisfied

How Many Employees Work at Adinath Textiles?

Adinath Textiles has a workforce of 25 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Adinath Textiles Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adinath Textiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Adinath Textiles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Adinath Textiles

Recent activity within the organization

  • Annual General Meeting

    Adinath Textiles Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Adinath Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Harpreet Gambhir was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2023 & has been associated with this company since 1 year 7 months .

  • Director Appointment

    Vishal Oswal was appointed as a Managing Director was appointed as a Managing Director on 01 May 2017 & has been associated with this company since 7 years 10 months .

  • Director Appointment

    Priya Begana was appointed as a Director was appointed as a Director on 12 Jan 2017 & has been associated with this company since 8 years 1 month .

  • Director Appointment

    Rajesh Kumar was appointed as a Cfo was appointed as a Cfo on 26 May 2014 & has been associated with this company since 10 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Adinath Textiles Limited?

    Adinath Textiles Limited was incorporated on 16 Jan 1979.

  • What is authorized share capital and paid-up capital of Adinath Textiles Limited?

    The authorized share capital of Adinath Textiles Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.83 Cr.

  • Who are the current board members & directors of Adinath Textiles Limited?

    Currently 7 directors are associated with Adinath Textiles Limited.

    • Harpreet Gambhir
    • Rajesh Kumar
    • Ravinder Kumar
    • Priya Begana
    • Krishan Sethi
    • Vishal Oswal
    • Rajneesh Oswal

  • What is the registered address of Adinath Textiles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Adinath Textiles Limited is Village Bholapur P.O. Sahabana Chandigarh Road, . India, Ludhiana, Punjab, 141123.

  • What is the corporate identification number (CIN) and company number of Adinath Textiles Limited?

    The corporate identification number (CIN) of Adinath Textiles Limited is L17115PB1979PLC003910 and the company number is 003910 as per Ministry of Corporate Affairs (MCA).

  • Is Adinath Textiles Limited registered with any stock exchange in India?

    Yes, Adinath Textiles Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Adinath Textiles Limited?

    The Official website of Adinath Textiles Limited is https://www.adinathtextiles.com

  • What has been the recent revenue trend for Adinath Textiles Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Adinath Textiles Limited has risen by 18.52%.

  • How many employees does Adinath Textiles Limited currently have?

    As Per 2023 financial reports, 25 employees are currently employed by Adinath Textiles Limited.

  • What change has been observed in the net worth of Adinath Textiles Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Adinath Textiles Limited has experienced an upsurge of 37.05%.

  • When was the last Balance Sheet of Adinath Textiles Limited filed with the ROC?

    The most recent Balance Sheet for Adinath Textiles Limited was filed with the ROC on 31 Mar 2024.

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