Balwant Textile Mills Limited

Textile company specializing in spinning, weaving, and finishing various types of fibers and textiles.

1988 | Sangli, Maharashtra (India) | Active
Last Updated: January 03, 2025

Balwant Textile Mills Profile

Key Indicators

  • Authorised Capital ₹ 26.00 Cr
  • Paid Up Capital ₹ 13.09 Cr
  • Company Age 36 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 392.41%
  • Profit Growth 59.05%
  • Ebitda 67.26%
  • Net Worth -1.53%
  • Total Assets -0.20%

About Balwant Textile Mills

Balwant Textile Mills Limited (BTML) is a Public Limited Indian Non-Government Company incorporated in India on 09 December 1988 and has a history of 36 years and two months. Its registered office is in Sangli, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 26.00 Cr and a paid-up capital of Rs 13.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Balwant Textile Mills Limited India are Ravindra Purohit as COMPANY SECRETARY and Siddharth Bhate as Cfo. Siddharth Bhate, Geeta Bhate, and Archana Bhate serve as directors at the Company.

Company Details

  • Location

    Sangli, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119MH1988PLC016541

  • Company No.

    016541

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

Who are the key members and board of directors at Balwant Textile Mills?

Executive Team (3)

NameDesignationAppointment DateStatus
Archana Bhate Country flag representing In Managing Director13-Mar-2018Current
Ravindra Purohit Company Secretary15-May-2024Current
Siddharth Bhate CFO09-Jul-2024Current

Financial Performance of Balwant Textile Mills.

Balwant Textile Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 392.41% increase. The company also saw a substantial improvement in profitability, with a 59.05% increase in profit. The company's net worth dipped by a decrease of 1.53%.

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
392.41%
Revenue from Operations
Total Assets
-0.20%
Profit or Loss
59.05%
Net Worth
-1.53%
EBITDA
67.26%

What is the Ownership and Shareholding Structure of Balwant Textile Mills?

In 2023, Balwant Textile Mills had a promoter holding of 54.62% and a public holding of 45.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Balwant Textile Mills?

Unlock and access historical data on people associated with Balwant Textile Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balwant Textile 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 Balwant Textile 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 Balwant Textile Mills

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Siddharth Rajendra Bhate was appointed as a Cfo was appointed as a Cfo on 09 Jul 2024 & has been associated with this company since 7 months 20 days .

    09 Jul 2024

  • Director Appointment

    Siddharth Rajendra Bhate was appointed as a Director was appointed as a Director on 06 Jun 2024 & has been associated with this company since 8 months 22 days .

    06 Jun 2024

  • Director Appointment

    Geeta Rajendra Bhate was appointed as a Director was appointed as a Director on 06 Jun 2024 & has been associated with this company since 8 months 22 days .

    06 Jun 2024

  • Director Appointment

    Ravindra Rajubhai Purohit was appointed as a Company Secretary was appointed as a Company Secretary on 15 May 2024 & has been associated with this company since 9 months 14 days .

    15 May 2024

  • Balance Sheet

    Balwant Textile Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

Frequently asked questions

  • What is the Incorporation or founding date of Balwant Textile Mills Limited?

    Balwant Textile Mills Limited was incorporated on 09 Dec 1988.

  • What is authorized share capital and paid-up capital of Balwant Textile Mills Limited?

    The authorized share capital of Balwant Textile Mills Limited is ₹ 26.00 Cr and paid-up capital is ₹ 13.09 Cr.

  • Who are the current board members & directors of Balwant Textile Mills Limited?

    Currently 5 directors are associated with Balwant Textile Mills Limited.

    • Siddharth Rajendra Bhate
    • Geeta Rajendra Bhate
    • Archana Rajendra Bhate
    • Ravindra Rajubhai Purohit
    • Siddharth Rajendra Bhate
  • What is the registered address of Balwant Textile Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Balwant Textile Mills Limited is 2823 Shri Govindraojimarathe Road India, Miraj, Maharashtra, 416410.

  • What is the corporate identification number (CIN) and company number of Balwant Textile Mills Limited?

    The corporate identification number (CIN) of Balwant Textile Mills Limited is U17119MH1988PLC016541 and the company number is 016541 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Balwant Textile Mills Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Balwant Textile Mills Limited has risen by 392.41%.

  • What change has been observed in the net worth of Balwant Textile Mills Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Balwant Textile Mills Limited has experienced an downturn of -1.53%.

  • When was the last Balance Sheet of Balwant Textile Mills Limited filed with the ROC?

    The most recent Balance Sheet for Balwant Textile Mills Limited was filed with the ROC on 31 Mar 2024.

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