Cravatex Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 2.58 Cr
- Company Age 73 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 225.33 Cr
- Revenue Growth 19.29%
- Profit Growth -718.49%
- Ebitda -23.87%
- Net Worth -66.18%
- Total Assets -63.19%
About Cravatex
Cravatex Limited (CL) was founded in India on 22 June 1951 and has a glorious history of 73 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509472.
The Corporate was formerly known as The Bombay Power Laundry P Ltd. The Company is engaged in the Consumer Goods 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 15.00 Cr and a paid-up capital of Rs 2.58 Cr.
The company has closed loans amounting to ₹225.33 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Cravatex Limited India are Divakar Kamath as CFO and Sudhanshu Namdeo as Company Secretary. Rajesh Batra, Pheroza Bilimoria, Satyan Israni, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L93010MH1951PLC008546
- Company No.
008546
- Stock Symbol
BSE : 509472
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Jun 1951
- Date of AGM
06 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Cravatex?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Batra  | Managing Director | 30-Nov-1981 | Current |
| Divakar Kamath | CFO | 26-Aug-2016 | Current |
| Sudhanshu Namdeo | Company Secretary | 15-Nov-2010 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Satyan Israni | Director | 24-Feb-2024 | Current |
| Pheroza Bilimoria | Director | 16-Sep-2014 | Current |
| Rohan Batra | Director | 01-Apr-2020 | Current |
| Nakul Toshniwal | Director | 22-Feb-2024 | Current |
Financial Performance of Cravatex.
Cravatex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.29% increase. The company also saw a substantial fall in profitability, with a 718.49% decrease in profit. The company's net worth observed a substantial decline by a decrease of 66.18%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Cravatex?
In 2023, Cravatex had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
National Peroxide LimitedRajesh Batra is a mutual person
Gmm Pfaudler LimitedNakul Toshniwal is a mutual person
Modern India LimitedSatyan Israni is a mutual person
Advani Hotels And Resorts (India) LimitedSatyan Israni is a mutual person
The Bombay Burmah Trading Corporation LimitedRajesh Batra is a mutual person
Toshvin Analytical Private LimitedNakul Toshniwal is a mutual person
Charges (Loans)
₹0
₹225.33 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 142.83 Cr
- Axis Bank Limited : 82.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jun 2021 | Hdfc Bank Limited | ₹10.83 Cr | Satisfied |
| 11 Dec 2017 | Hdfc Bank Limited | ₹4.00 Cr | Satisfied |
| 02 Dec 2017 | Hdfc Bank Limited | ₹85.00 Cr | Satisfied |
| 02 Dec 2017 | Hdfc Bank Limited | ₹4.00 Cr | Satisfied |
| 19 Sep 2014 | Axis Bank Limited | ₹1.00 Cr | Satisfied |
How Many Employees Work at Cravatex?
Cravatex has a workforce of 6 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Cravatex, 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 Cravatex's trajectory.
Rating
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
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.
