Bala Balajee Textiles Limited

Produces combed cotton yarn and offers various textile services globally.

2004 | Godavari, Andhra Pradesh (India) | Active
Last Updated: December 04, 2024

Bala Balajee Textiles Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 12.90 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.78 M
  • Satisfied Charges ₹ 23.92 Cr
  • Revenue Growth -44.26%
  • Profit Growth -109.41%
  • Ebitda -209.64%
  • Net Worth -16.93%
  • Total Assets -56.77%

About Bala Balajee Textiles

Bala Balajee Textiles Limited (BBTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 August 2004 and has a history of 20 years and five months. Its registered office is in Godavari, Andhra Pradesh, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 13.00 Cr and a paid-up capital of Rs 12.90 Cr.

The company currently has active open charges totaling ₹0.78 M. The company has closed loans amounting to ₹23.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bala Balajee Textiles Limited India is Naga Kompella as CFO. Chitturi Rani, Venkat Chitturi, Kondalarao Garimella, and Two other members serve as directors at the Company.

Company Details

  • Location

    Godavari, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101AP2004PLC044008

  • Company No.

    044008

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

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

Executive Team (1)

Name Designation Appointment Date Status
Naga Kompella Country flag representing In CFO 10-Mar-2016 Current

Board Members (5)

Name Designation Appointment Date Status
Chitturi Rani Country flag representing In Director 16-Mar-2019 Current
Venkat Chitturi Country flag representing In Director 20-Dec-2004 Current
Kondalarao Garimella Country flag representing In Additional Director 04-Jan-2016 Current
Bhaskararao Mamidisetty Country flag representing In Director 04-Oct-2019 Current
Reena Chitturi Country flag representing In Director 24-Aug-2021 Current

Financial Performance of Bala Balajee Textiles.

Bala Balajee Textiles Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 44.26% decrease. The company also saw a substantial fall in profitability, with a 109.41% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.93%.

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
-44.26%
Revenue from Operations
-59.33%
Total Assets
-56.77%
Profit or Loss
-109.41%
Net Worth
-16.93%
EBITDA
-209.64%

What is the Ownership and Shareholding Structure of Bala Balajee Textiles?

In 2020, Bala Balajee Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.08 Cr

Satisfied Charges

₹23.92 Cr

Charges Breakdown by Lending Institutions

  • Ge Capital Transportation Financial Services Ltd : 0.08 Cr

Latest Charge Details

Date Lender Amount Status
10 Apr 2007 Ge Capital Transportation Financial Services Ltd ₹0.78 M Open
04 Jul 2007 Indian Bank ₹1.50 M Satisfied
17 Jun 2005 State Bank Of India ₹23.77 Cr Satisfied

How Many Employees Work at Bala Balajee Textiles?

Bala Balajee Textiles has a workforce of 64 employees as of Apr 03, 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 Bala Balajee 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 Bala Balajee 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 Bala Balajee Textiles

Recent activity within the organization

  • Annual General Meeting

    Bala Balajee Textiles Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Bala Balajee Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Reena Sai Narra Chitturi was appointed as a Director was appointed as a Director on 24 Aug 2021 & has been associated with this company since 3 years 5 months .

    24 Aug 2021

  • Charges

    A charge registered on 17 Jun 2005 via Charge ID 90260244 with State Bank Of India was fully satisfied on 24 Dec 2019.

    24 Dec 2019

  • Director Appointment

    Bhaskararao Mamidisetty was appointed as a Director was appointed as a Director on 04 Oct 2019 & has been associated with this company since 5 years 4 months .

    04 Oct 2019

  • Director Appointment

    Chitturi Satyausha Rani was appointed as a Director was appointed as a Director on 16 Mar 2019 & has been associated with this company since 5 years 10 months .

    16 Mar 2019

Frequently asked questions

  • Bala Balajee Textiles Limited was incorporated on 27 Aug 2004.

  • The authorized share capital of Bala Balajee Textiles Limited is ₹ 13.00 Cr and paid-up capital is ₹ 12.90 Cr.

  • Currently 6 directors are associated with Bala Balajee Textiles Limited.

    • Chitturi Satyausha Rani
    • Venkat Krishna Rao Chitturi
    • Kondalarao Garimella
    • Bhaskararao Mamidisetty
    • Reena Sai Narra Chitturi
    • Naga Venkata Satya Saibaba Kompella
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bala Balajee Textiles Limited is H.No: 1-14-92 Talla Puntha Veedhi Ward No.14 Mandalam, India, Tanuku, Andhra Pradesh, 534211.

  • The corporate identification number (CIN) of Bala Balajee Textiles Limited is U18101AP2004PLC044008 and the company number is 044008 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bala Balajee Textiles Limited is https://www.balabalajee.biz

  • According to the financial reports for the fiscal year 2020, the revenue trend for Bala Balajee Textiles Limited has fallen by -44.26%.

  • As Per 2020 financial reports, 64 employees are currently employed by Bala Balajee Textiles Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Bala Balajee Textiles Limited has experienced an downturn of -16.93%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Bala Balajee Textiles Limited amount to ₹ 0.78 M.

  • The most recent Balance Sheet for Bala Balajee Textiles Limited was filed with the ROC on 31 Mar 2023.

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