Brocade India Polytex Limited

Manufacturer of polypropylene fabrics and woven sacks for various industries.

2011 | Palakkad, Kerala (India) | Active
Last Updated: October 24, 2024

Brocade India Polytex Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 31.42 Cr
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.57 Cr
  • Satisfied Charges ₹ 23.62 Cr
  • Revenue Growth -11.86%
  • Profit Growth -127.72%
  • Ebitda -75.52%
  • Net Worth -10.66%
  • Total Assets 12.01%

About Brocade India Polytex

Brocade India Polytex Limited (BIPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 June 2011 and has a history of 13 years and seven months. Its registered office is in Palakkad, Kerala, India.

The Corporate was formerly known as Brocade India Polytex 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 2023. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 31.42 Cr.

The company currently has active open charges totaling ₹14.57 Cr. The company has closed loans amounting to ₹23.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Brocade India Polytex Limited India are Kummail Jithin as COMPANY SECRETARY and Vaderiyattil Anu as Cfo. Anwarsahad Paramban, Ebrahim Erakuth, Muhajir Purath, and Two other members serve as directors at the Company.

Company Details

  • Location

    Palakkad, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25202KL2011PLC028660

  • Company No.

    028660

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing

Who are the key members and board of directors at Brocade India Polytex?

Executive Team (3)

Name Designation Appointment Date Status
Anwarsahad Paramban Country flag representing In Managing Director 22-Jun-2011 Current
Kummail Jithin Company Secretary 02-Jan-2023 Current
Vaderiyattil Anu CFO 20-Sep-2020 Current

Board Members (4)

Name Designation Appointment Date Status
Ebrahim Erakuth Country flag representing In Director 22-Jun-2011 Current
Muhajir Purath Country flag representing In Director 17-Dec-2014 Current
Ali Mohammed Country flag representing In Additional Director 12-Mar-2024 Current
Vipin Cheruvalath Country flag representing In Director 20-May-2023 Current

Financial Performance of Brocade India Polytex.

Brocade India Polytex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.86% decrease. The company also saw a substantial fall in profitability, with a 127.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.66%.

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
-11.86%
Revenue from Operations
-11.82%
Total Assets
12.01%
Profit or Loss
-127.72%
Net Worth
-10.66%
EBITDA
-75.52%

What is the Ownership and Shareholding Structure of Brocade India Polytex?

In 2023, Brocade India Polytex had a promoter holding of 5.13% and a public holding of 94.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.57 Cr

Satisfied Charges

₹23.62 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.09 Cr
  • Hdfc Bank Limited : 0.48 Cr

Latest Charge Details

Date Lender Amount Status
27 Jun 2024 Others ₹2.00 Cr Open
30 Mar 2024 Others ₹1.50 Cr Open
19 May 2023 Others ₹6.90 M Open
11 Jan 2022 Hdfc Bank Limited ₹4.82 M Open
06 Oct 2021 Others ₹0.20 M Open

How Many Employees Work at Brocade India Polytex?

Brocade India Polytex has a workforce of 225 employees as of Apr 08, 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 Brocade India Polytex, 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 Brocade India Polytex'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 Brocade India Polytex

Recent activity within the organization

  • Charges

    A charge registered on 09 Aug 2021 via Charge ID 100474834 with Others was fully satisfied on 10 Sep 2024.

    10 Sep 2024

  • Charges

    A charge registered on 23 Mar 2021 via Charge ID 100431838 with Others was fully satisfied on 10 Sep 2024.

    10 Sep 2024

  • Charges

    A charge registered on 06 May 2019 via Charge ID 100267160 with Others was fully satisfied on 10 Sep 2024.

    10 Sep 2024

  • Charges

    A charge registered on 09 Apr 2019 via Charge ID 100265880 with Others was fully satisfied on 10 Sep 2024.

    10 Sep 2024

  • Charges

    A charge registered on 21 Oct 2016 via Charge ID 100065873 with Others was fully satisfied on 10 Sep 2024.

    10 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100949332 was registered on 27 Jun 2024.

    27 Jun 2024

Frequently asked questions

  • Brocade India Polytex Limited was incorporated on 22 Jun 2011.

  • The authorized share capital of Brocade India Polytex Limited is ₹ 35.00 Cr and paid-up capital is ₹ 31.42 Cr.

  • Currently 7 directors are associated with Brocade India Polytex Limited.

    • Anwarsahad Elavan Paramban
    • Ebrahim Hasan Erakuth
    • Muhajir Vadakke Purath
    • Ali Kutty Akkode Mohammed
    • Vipin Cheruvalath
    • Kummail Jithin
    • Vaderiyattil Sahadhevan Anu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Brocade India Polytex Limited is Kinfra Integrated Industrial Textile Park 283/255 C Menonpara Road, Pudusserry India, Palakkad, Kerala, 678621.

  • The corporate identification number (CIN) of Brocade India Polytex Limited is U25202KL2011PLC028660 and the company number is 028660 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Brocade India Polytex Limited is https://www.brocadegroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Brocade India Polytex Limited has fallen by -11.86%.

  • As Per 2023 financial reports, 225 employees are currently employed by Brocade India Polytex Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Brocade India Polytex Limited has experienced an downturn of -10.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Brocade India Polytex Limited amount to ₹ 14.57 Cr.

  • The most recent Balance Sheet for Brocade India Polytex Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Textile & Fabric Production