Ambica Jute Mills Limited

Produces jute crops as part of Kankaria group, incorporated in 1996 in Rajkot, Gujarat.

1996 | Howrah, West Bengal (India) | Active
Last Updated: November 16, 2024

Ambica Jute Mills Profile

Key Indicators

  • Authorised Capital ₹ 22.80 Cr
  • Paid Up Capital ₹ 22.57 Cr
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 258.66 Cr
  • Satisfied Charges ₹ 99.00 Cr
  • Revenue Growth 14.01%
  • Profit Growth 92.38%
  • Ebitda 27.24%
  • Net Worth 5.50%
  • Total Assets -0.54%

About Ambica Jute Mills

Ambica Jute Mills Limited (AJML) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 August 1996 and has a history of 28 years and six months. Its registered office is in Howrah, West Bengal, India.

The Corporate was formerly known as Sneha Planners Private Limited. 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 22.80 Cr and a paid-up capital of Rs 22.57 Cr.

The company currently has active open charges totaling ₹258.66 Cr. The company has closed loans amounting to ₹99.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ambica Jute Mills Limited India are Sushil Bhutoria as CFO and Sruti Sukul as Company Secretary. Ashok Lahoti, Shashi Purohit, Dipankar Sarkar, and One other member serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kankariagroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101WB1996PLC081000

  • Company No.

    081000

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Ambica Jute Mills Limited offer?

Ambica Jute Mills Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, Industrial Fabric, Bulk Bags & Sacks, Gunny Bags, Carry Bags and Multiutility Bags & Pouches, Bags, Webbings, Home Decor Fabric, Home Decor & Furnishing Fabrics, Seeds and Plant Saplings.

Who are the key members and board of directors at Ambica Jute Mills?

Executive Team (2)

NameDesignationAppointment DateStatus
Sushil Bhutoria Country flag representing In CFO31-Mar-2015Current
Sruti Sukul Company Secretary10-May-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Dipankar Sarkar Country flag representing In Director 11-Mar-2021Current
Ashok Lahoti Country flag representing In Director 04-May-2010Current
Shashi Purohit Country flag representing In Director Current
Jayshree Sethia Country flag representing In Director 11-Mar-2021Current

Financial Performance of Ambica Jute Mills.

Ambica Jute Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.01% increase. The company also saw a substantial improvement in profitability, with a 92.38% increase in profit. The company's net worth moved up by a moderate rise of 5.5%.

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
14.01%
Revenue from Operations
13.90%
Total Assets
-0.54%
Profit or Loss
92.38%
Net Worth
5.50%
EBITDA
27.24%

What is the Ownership and Shareholding Structure of Ambica Jute Mills?

In 2023, Ambica Jute Mills had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹258.66 Cr

Satisfied Charges

₹99.00 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 254.98 Cr
  • Hdfc Bank Limited : 2.27 Cr
  • Others : 1.41 Cr

Latest Charge Details

DateLenderAmountStatus
18 Sep 2024Others₹6.55 MOpen
19 Jul 2024Others₹1.60 MOpen
15 Sep 2023Hdfc Bank Limited₹1.31 CrOpen
11 May 2023Others₹3.65 MOpen
24 Mar 2023Others₹2.30 MOpen

How Many Employees Work at Ambica Jute Mills?

Ambica Jute Mills has a workforce of 3349 employees as of Jun 18, 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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ambica Jute Mills, 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 Ambica Jute Mills'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 Ambica Jute Mills

Recent activity within the organization

  • Annual General Meeting

    Ambica Jute Mills Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.66 Cr with Charge ID 100981778 was registered on 18 Sep 2024.

    18 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100960199 was registered on 19 Jul 2024.

    19 Jul 2024

  • Balance Sheet

    Ambica Jute Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 150.04 Cr registered on 22 Sep 2009 with Charge ID 10179403 was modified on 11 Jan 2024.

    11 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.31 Cr with Charge ID 100783846 was registered on 15 Sep 2023.

    15 Sep 2023

Frequently asked questions

  • Ambica Jute Mills Limited was incorporated on 20 Aug 1996.

  • The authorized share capital of Ambica Jute Mills Limited is ₹ 22.80 Cr and paid-up capital is ₹ 22.57 Cr.

  • Currently 6 directors are associated with Ambica Jute Mills Limited.

    • Ashok Kumar Lahoti
    • Shashi Prakash Purohit
    • Dipankar Sarkar
    • Jayshree Sethia
    • Sushil Kumar Bhutoria
    • Sruti Sukul
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ambica Jute Mills Limited is 3 Haren Mukherjee Road Belurmath, Howrah India, Na, West Bengal, 711202.

  • The corporate identification number (CIN) of Ambica Jute Mills Limited is U70101WB1996PLC081000 and the company number is 081000 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ambica Jute Mills Limited is https://www.kankariagroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ambica Jute Mills Limited has risen by 14.01%.

  • As Per 2023 financial reports, 3349 employees are currently employed by Ambica Jute Mills Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ambica Jute Mills Limited has experienced an upsurge of 5.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ambica Jute Mills Limited amount to ₹ 258.66 Cr.

  • The most recent Balance Sheet for Ambica Jute Mills Limited was filed with the ROC on 31 Mar 2024.

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