Birla Cotsyn (India) Limited

Textile manufacturing and trading with 100 acres of production space.

1941 | Mumbai, Maharashtra (India) | Under Liquidation
Last Updated: May 07, 2024

Birla Cotsyn (India) Profile

Key Indicators

  • Authorised Capital ₹ 550.00 Cr
  • Paid Up Capital ₹ 268.66 Cr
  • Company Age 83 Year, 4 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 910.91 Cr
  • Satisfied Charges ₹ 10.15 Cr
  • Revenue Growth 7.29%
  • Profit Growth -1.44%
  • Ebitda 103.47%
  • Net Worth -46.59%
  • Total Assets -3.56%

About Birla Cotsyn (India)

Birla Cotsyn (India) Limited (BCIL) is Under Liquidation company established on 24 Sep 1941 with its office registered at Mumbai, Maharashtra, India and has been running since 83 Year, 4 Months with a paid up capital of 268.66 Cr. According to MCA records, 4 Directors and 2 Signatories are linked to this company as of 07 May 2024.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17110MH1941PLC003429

  • Company No.

    003429

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Sep 1941

  • Date of AGM

    27 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Birla Cotsyn (India) Limited offer?

Birla Cotsyn (India) Limited offers a wide range of products and services, including Cotton Yarn, Open End Cotton Yarn, Spun Yarn, Combed Ring Spun Yarn, Yarn, Dyed Yarn, Machines & Equipments, Rope Making Machine.

Who are the key members and board of directors at Birla Cotsyn (India)?

Executive Team (2)

NameDesignationAppointment DateStatus
Vipin Varkhawat Country flag representing In CFO14-Nov-2014Current
Vineeta Shah Country flag representing In Company Secretary01-Sep-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
Rakesh Dixit Country flag representing In Director 27-Aug-2013Current
Ritesh Joshi Country flag representing In Director 01-Jul-2016Current
Satyanarayan Baheti Country flag representing In Director 27-May-2014Current
Deepti Jain Country flag representing In Director 05-Mar-2018Current

Financial Performance of Birla Cotsyn (India).

Birla Cotsyn (India) Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 7.29% increase. The company also saw a slight decrease in profitability, with a 1.44% decrease in profit. The company's net worth observed a substantial decline by a decrease of 46.59%.

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
7.29%
Revenue from Operations
7.65%
Total Assets
-3.56%
Profit or Loss
-1.44%
Net Worth
-46.59%
EBITDA
103.47%

What is the Ownership and Shareholding Structure of Birla Cotsyn (India)?

In 2018, Birla Cotsyn (India) had a promoter holding of 14.96% and a public holding of 85.04%. 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

₹910.91 Cr

Satisfied Charges

₹10.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 437.26 Cr
  • Sicom Limited : 226.00 Cr
  • Edelweiss Asset Reconstruction Company Limited : 68.15 Cr
  • Union Bank Of India : 37.00 Cr
  • Indian Overseas Bank : 25.00 Cr
  • Others : 117.50 Cr

Latest Charge Details

DateLenderAmountStatus
14 Feb 2011Edelweiss Asset Reconstruction Company Limited₹7.15 CrOpen
06 Sep 2010Others₹132.38 CrOpen
13 May 2010Karur Vysya Bank Ltd₹25.00 CrOpen
05 Apr 2010Janakalyan Sahakari Bank Limited₹2.50 CrOpen
24 Dec 2009Phoenix Arc Private Limited₹5.00 CrOpen

How Many Employees Work at Birla Cotsyn (India)?

Birla Cotsyn (India) has a workforce of 271 employees as of Mar 30, 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 Birla Cotsyn (India), 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 Birla Cotsyn (India)'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 Birla Cotsyn (India)

Recent activity within the organization

  • Annual General Meeting

    Birla Cotsyn (India) Limited last Annual general meeting of members was held on 27 Sep 2018 as per latest MCA records.

    27 Sep 2018

  • Balance Sheet

    Birla Cotsyn (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

  • Director Appointment

    Deepti Jain was appointed as a Director was appointed as a Director on 05 Mar 2018 & has been associated with this company since 6 years 10 months .

    05 Mar 2018

  • Charges

    A charge with Others of Rs. 132.38 Cr registered on 06 Sep 2010 with Charge ID 10242934 was modified on 30 Sep 2016.

    30 Sep 2016

  • Charges

    A charge with Others of Rs. 284.88 Cr registered on 26 Sep 2008 with Charge ID 10125782 was modified on 30 Sep 2016.

    30 Sep 2016

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 18 Oct 2006 with Charge ID 10023080 was modified on 30 Sep 2016.

    30 Sep 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Birla Cotsyn (India) Limited was incorporated on 24 Sep 1941.

  • The authorized share capital of Birla Cotsyn (India) Limited is ₹ 550.00 Cr and paid-up capital is ₹ 268.66 Cr.

  • Currently 6 directors are associated with Birla Cotsyn (India) Limited.

    • Rakesh Kumar Dixit
    • Satyanarayan Ganeshlal Baheti
    • Ritesh Ramesh Joshi
    • Deepti Jain
    • Vipin Dilip Kumar Varkhawat
    • Vineeta Arvindkumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Birla Cotsyn (India) Limited is Dalamal House 1St Floor, J.B.Marg Nariman Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of Birla Cotsyn (India) Limited is L17110MH1941PLC003429 and the company number is 003429 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Birla Cotsyn (India) Limited is https://www.birlacotsyn.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Birla Cotsyn (India) Limited has risen by 7.29%.

  • As Per 2018 financial reports, 271 employees are currently employed by Birla Cotsyn (India) Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Birla Cotsyn (India) Limited has experienced an downturn of -46.59%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Birla Cotsyn (India) Limited amount to ₹ 910.91 Cr.

  • The most recent Balance Sheet for Birla Cotsyn (India) Limited was filed with the ROC on 31 Mar 2018.

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