Bhilwara Spinners Limited

Yarn trading business since 1980, based in Bhilwara, Rajasthan.

1980 | Bhilwara, Rajasthan (India) | Active
Last Updated: October 23, 2024

Bhilwara Spinners Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 9.05 Cr
  • Company Age 44 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 97.40 Cr
  • Satisfied Charges ₹ 191.41 Cr
  • Revenue Growth -53.38%
  • Profit Growth 85.42%
  • Ebitda 14.22%
  • Net Worth 10.73%
  • Total Assets 10.23%

About Bhilwara Spinners

Bhilwara Spinners Limited (BSL) is a Public Limited Indian Non-Government Company incorporated in India on 07 June 1980 and has a history of 44 years and seven months. Its registered office is in Bhilwara, Rajasthan, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514272.

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 12.50 Cr and a paid-up capital of Rs 9.05 Cr.

The company currently has active open charges totaling ₹97.40 Cr. The company has closed loans amounting to ₹191.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bhilwara Spinners Limited India are Anjali Jain as COMPANY SECRETARY and Bhopal Choudhary as Cfo. Ashok Kothari, Sushila Kothari, Anshul Kothari, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bhilwara, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17115RJ1980PLC008217

  • Company No.

    008217

  • Stock Symbol

    BSE : 514272

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 1980

  • Date of AGM

    21 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

Who are the key members and board of directors at Bhilwara Spinners?

Executive Team (3)

Name Designation Appointment Date Status
Anshul Kothari Country flag representing In Managing Director 22-Jul-2010 Current
Anjali Jain Company Secretary 01-Feb-2022 Current
Bhopal Choudhary Country flag representing In CFO 28-May-2019 Current

Board Members (5)

Name Designation Appointment Date Status
Himanshu Jhamar Country flag representing In Director 30-Aug-2021 Current
Ashok Kothari Country flag representing In Director 22-Jul-2010 Current
Sushila Kothari Country flag representing In Director 12-Feb-2015 Current
Chitra Naraniwal Country flag representing In Director Current
Shubhangi Janifer Country flag representing In Director Current

Financial Performance of Bhilwara Spinners.

Bhilwara Spinners Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.38% decrease. The company also saw a substantial improvement in profitability, with a 85.42% increase in profit. The company's net worth Soared by an impressive increase of 10.73%.

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
-53.38%
Revenue from Operations
-63.80%
Total Assets
10.23%
Profit or Loss
85.42%
Net Worth
10.73%
EBITDA
14.22%

What is the Ownership and Shareholding Structure of Bhilwara Spinners?

In 2023, Bhilwara Spinners had a promoter holding of 49.80% and a public holding of 50.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹97.40 Cr

Satisfied Charges

₹191.41 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 97.40 Cr

Latest Charge Details

Date Lender Amount Status
07 Sep 2024 State Bank Of India ₹24.50 Cr Open
06 Feb 2023 State Bank Of India ₹72.90 Cr Open
22 Feb 2017 Others ₹1.00 Cr Satisfied
24 Mar 2004 State Bank Of Bikaner & Jaipur ( Lead Bank ) ₹35.50 Cr Satisfied
24 Feb 2003 Bank Of Baroda ₹8.17 Cr Satisfied

How Many Employees Work at Bhilwara Spinners?

Unlock and access historical data on people associated with Bhilwara Spinners, 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 Bhilwara Spinners, 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 Bhilwara Spinners'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 Bhilwara Spinners

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 24.50 Cr with Charge ID 100982658 was registered on 07 Sep 2024.

    07 Sep 2024

  • Annual General Meeting

    Bhilwara Spinners Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records.

    21 Aug 2024

  • Balance Sheet

    Bhilwara Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 72.90 Cr with Charge ID 100680777 was registered on 06 Feb 2023.

    06 Feb 2023

  • Charges

    A charge registered on 22 Feb 2017 via Charge ID 100083966 with Others was fully satisfied on 09 Dec 2021.

    09 Dec 2021

  • Director Appointment

    Himanshu Jhamar was appointed as a Director was appointed as a Director on 30 Aug 2021 & has been associated with this company since 3 years 5 months .

    30 Aug 2021

Recent News, Updates & Announcement

  • News icon
    Hero Group Expands Wind Energy Portfolio with LNJ Bhilwara Acquisition, Aims for 3500 MW by 2020.

    Hero Group buying LNJ Bhilwara's wind energy portfolio, becoming one of the biggest players in the sector. Other companies like Tatas, Sun Edison, and CLP Holdings have also made deals. Hero Future Energies will acquire 83.5 MW of wind projects, bringing their total portfolio to 1200 MW. The sector has seen many acquisitions, with ReNew Power and Tata Power having the largest portfolios. Hero aims to reach 3500 MW by 2020. Other companies are also looking to acquire renewable energy assets..

    18 Oct 2017 Economic Times

  • News icon
    Wind Energy Sector Faces Challenges with Consolidation and Payment Delays.

    When you realize your wind energy portfolio is not giving you enough returns, so you decide to sell it and hire a bank to help you out. But wait, the bank won't comment on the sale and the market is seeing more consolidation in renewable projects. Looks like the wind energy sector is facing some issues, like squatters and delays in payments..

    19 Feb 2017 mint

Frequently asked questions

  • Bhilwara Spinners Limited was incorporated on 07 Jun 1980.

  • The authorized share capital of Bhilwara Spinners Limited is ₹ 12.50 Cr and paid-up capital is ₹ 9.05 Cr.

  • Currently 8 directors are associated with Bhilwara Spinners Limited.

    • Ashok Kumar Kothari
    • Sushila Kothari
    • Anshul Kothari
    • Chitra Naraniwal
    • Himanshu Jhamar
    • Anjali Jain
    • Bhopal Singh Choudhary
    • Shubhangi Janifer
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhilwara Spinners Limited is 26 Industrial Area India, Bhilwara, Rajasthan, 311001.

  • The corporate identification number (CIN) of Bhilwara Spinners Limited is L17115RJ1980PLC008217 and the company number is 008217 as per Ministry of Corporate Affairs (MCA).

  • Yes, Bhilwara Spinners Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Bhilwara Spinners Limited is https://www.lnjbhilwara.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhilwara Spinners Limited has fallen by -53.38%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhilwara Spinners Limited has experienced an upsurge of 10.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhilwara Spinners Limited amount to ₹ 97.40 Cr.

  • The most recent Balance Sheet for Bhilwara Spinners Limited was filed with the ROC on 31 Mar 2024.

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