Altek Beissel Needles Limited logo

Altek Beissel Needles Limited

This company manufactures and sells a variety of sewing machine needles under their own brand.
1988 | Madurantakam, Tamil Nadu (India) | Active

Last Updated:

July 05, 2024
HomeCompanyAltek Beissel Needles Limited

Who are the key members and board of directors at Altek Beissel Needles?

Executive Team (1)

NameDesignationAppointment DateStatus
Ganesh Samabasivan InCompany Secretary01-Sep-2009Current

Board Members(2)

NameDesignationAppointment DateStatus
Rajalakshmi Ganesh In Director 08-Jan-1991Current
Champa Ganesh In Whole-Time Director 01-Sep-2012Current

Financial Performance of Altek Beissel Needles.

Altek Beissel Needles Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.44% decrease. The company also saw a substantial improvement in profitability, with a 49.01% increase in profit. The company's net worth dipped by a decrease of 3%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-9.44%
Revenue from Operations
-11.89%
Total Assets
73.96%
Profit or Loss
49.01%
Net Worth
-3.00%
EBITDA
20.55%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹7.39 Cr

LenderAmountStatus

Scici Ltd

Creation Date: 09 Aug 1995
₹1.50 CrOpen

Punjab National Bank

Creation Date: 01 Oct 1988
₹5.89 CrOpen

How Many Employees Work at Altek Beissel Needles?

Altek Beissel Needles has a workforce of 71 employees as of Apr 02, 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.

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Latest Updates, News, and FAQs on Altek Beissel Needles

Recent activity within the organization

  • Annual General Meeting

    Altek Beissel Needles Limited last Annual general meeting of members was held on 30 Nov 2023 as per latest MCA records.

    30 Nov 2023

  • Balance Sheet

    Altek Beissel Needles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Champa Ganesh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Sep 2012 & has been associated with this company since 12 years 3 months .

    01 Sep 2012

  • Director Appointment

    Ganesh Samabasivan was appointed as a Company Secretary was appointed as a Company Secretary on 01 Sep 2009 & has been associated with this company since 15 years 3 months .

    01 Sep 2009

  • Charges

    A charge with Scici Ltd of Rs. 1.50 Cr registered on 09 Aug 1995 with Charge ID 90285111 was modified on 20 Nov 1995.

    20 Nov 1995

  • Charges

    A charge with Scici Ltd amounted to Rs. 1.50 Cr with Charge ID 90285111 was registered on 09 Aug 1995.

    09 Aug 1995

Frequently asked questions

  • Altek Beissel Needles Limited was incorporated on 14 Jan 1988.

  • The authorized share capital of Altek Beissel Needles Limited is ₹ 13.50 Cr and paid-up capital is ₹ 3.37 Cr.

  • Currently 4 directors are associated with Altek Beissel Needles Limited.

    • Rajalakshmi Ganesh
    • Ganesh Samabasivan
    • Champa Ganesh
    • Ganesh Samabasivan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Altek Beissel Needles Limited is No. 43/1C Ecr Road Cheyyur Taluk, Atchivilagam Village New Chennai Township Vepancheri, Madurantakam, Tamil Nadu, India, 603305.

  • The corporate identification number (CIN) of Altek Beissel Needles Limited is U93090TN1988PLC035704 and the company number is 035704 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Altek Beissel Needles Limited is https://www.beisselneedles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Altek Beissel Needles Limited has fallen by -9.44%.

  • As Per 2023 financial reports, 71 employees are currently employed by Altek Beissel Needles Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Altek Beissel Needles Limited has experienced an downturn of -3.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Altek Beissel Needles Limited amount to ₹ 7.39 Cr.

  • The most recent Balance Sheet for Altek Beissel Needles Limited was filed with the ROC on 31 Mar 2023.

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