Amaravathi Textiles Pvt Ltd

This company manufactures cotton yarn in various forms and counts for knitting and weaving segments.

1983 | Prakasam, Andhra Pradesh (India) | Active
Last Updated: October 24, 2024

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

Executive Team (1)

NameDesignationAppointment DateStatus
Srinivasa Kandimalla Country flag representing InManaging Director20-Aug-1983Current

Board Members (4)

NameDesignationAppointment DateStatus
Lakshmi Kandimalla Country flag representing In Director 20-Mar-2010Current
Kandimalla Geetha Country flag representing In Whole-Time Director 30-Sep-1997Current
Bhaskar Kandimalla Country flag representing In Director 05-May-2005Current
Hanumantha Gorrepati Country flag representing In Director 20-Mar-2014Current

Financial Performance of Amaravathi Textiles.

Amaravathi Textiles Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.23% decrease. The company also saw a substantial fall in profitability, with a 317.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.93%.

Graph illustrating revenue growth over time
Graph showing 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
-49.23%
Revenue from Operations
-49.39%
Total Assets
-16.38%
Profit or Loss
-317.20%
Net Worth
-14.93%
EBITDA
-111.37%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹494.09 Cr

₹156.99 Cr

LenderAmountStatus

Others

Creation Date: 19 Feb 2021
₹1.96 CrOpen

Others

Creation Date: 11 Feb 2021
₹1.10 MOpen

Others

Creation Date: 22 Dec 2020
₹6.50 CrOpen

How Many Employees Work at Amaravathi Textiles?

Amaravathi Textiles has a workforce of 688 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.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Amaravathi Textiles

Recent activity within the organization

  • Annual General Meeting

    Amaravathi Textiles Pvt Ltd last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Amaravathi Textiles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge registered on 18 Jan 2021 via Charge ID 100404725 with Others was fully satisfied on 03 Feb 2024.

    03 Feb 2024

  • Charges

    A charge registered on 12 Mar 2015 via Charge ID 10560361 with State Bank Of India was fully satisfied on 03 Feb 2024.

    03 Feb 2024

  • Charges

    A charge registered on 17 Dec 2014 via Charge ID 10549646 with State Bank Of India was fully satisfied on 03 Feb 2024.

    03 Feb 2024

  • Charges

    A charge registered on 06 Jan 2001 via Charge ID 90122936 with State Bank Of India was fully satisfied on 03 Feb 2024.

    03 Feb 2024

Frequently asked questions

  • Amaravathi Textiles Pvt Ltd was incorporated on 20 Aug 1983.

  • The authorized share capital of Amaravathi Textiles Pvt Ltd is ₹ 45.00 Cr and paid-up capital is ₹ 1.60 Cr.

  • Currently 5 directors are associated with Amaravathi Textiles Pvt Ltd.

    • Srinivasa Rao Kandimalla
    • Lakshmi Samrajyam Kandimalla
    • Kandimalla Geetha
    • Bhaskar Kandimalla
    • Hanumantha Rao Gorrepati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Amaravathi Textiles Pvt Ltd is D.No. 9-01/02/03 Beside Nh-16 Martur Bapatla, India, Ongole, Andhra Pradesh, 523301.

  • The corporate identification number (CIN) of Amaravathi Textiles Pvt Ltd is U18100AP1983PTC004085 and the company number is 004085 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Amaravathi Textiles Pvt Ltd is https://www.amaravathitextiles.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Amaravathi Textiles Pvt Ltd has fallen by -49.23%.

  • As Per 2023 financial reports, 688 employees are currently employed by Amaravathi Textiles Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Amaravathi Textiles Pvt Ltd has experienced an downturn of -14.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Amaravathi Textiles Pvt Ltd amount to ₹ 494.09 Cr.

  • The most recent Balance Sheet for Amaravathi Textiles Pvt Ltd was filed with the ROC on 31 Mar 2024.

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