Damodar Industries Limited

This company manufactures specialty yarns, including cotton, linen blends, and synthetic blends, for export to over 40 countries.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Who are the key members and board of directors at Damodar Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Indrajit KanaseCompany Secretary04-Aug-2023Current
Ajay Biyani Country flag representing InManaging Director25-Apr-2014Current
Sheetal SinghalCFO31-Jul-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Anil Biyani Country flag representing In Whole-Time Director 28-Mar-1992Current
Arunkumar Biyani Country flag representing In Whole-Time Director 01-Apr-2010Current
Mamta Biyani Country flag representing In Director 09-Feb-2021Current
Ketan Patel Country flag representing In Director 13-Nov-2019Current
Pankaj Srivastava Country flag representing In Director 11-May-2020Current

Financial Performance of Damodar Industries.

Damodar Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.58% decrease. The company also saw a substantial fall in profitability, with a 95.66% decrease in profit. The company's net worth dipped by a decrease of 0.39%.

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
-23.58%
Revenue from Operations
-24.85%
Total Assets
-0.62%
Profit or Loss
-95.66%
Net Worth
-0.39%
EBITDA
-53.05%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹357.48 Cr

Satisfied Charges

₹395.69 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 291.93 Cr
  • Yes Bank Limited : 65.00 Cr
  • Others : 0.36 Cr
  • Hdfc Bank Limited : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
03 Apr 2021Hdfc Bank Limited₹1.88 MOpen
30 Dec 2019Others₹1.58 MOpen
04 Jan 2019Others₹2.00 MOpen
21 Mar 2018Yes Bank Limited₹65.00 CrOpen
08 Jan 2007State Bank Of India₹291.93 CrOpen

How Many Employees Work at Damodar Industries?

Damodar Industries has a workforce of 1136 employees as of Apr 05, 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

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Latest Updates, News, and FAQs on Damodar Industries

Recent activity within the organization

  • Annual General Meeting

    Damodar Industries Limited last Annual general meeting of members was held on 17 Aug 2024 as per latest MCA records.

    17 Aug 2024

  • Balance Sheet

    Damodar Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 18 May 2015 via Charge ID 10581576 with Kotak Mahindra Bank Limited was fully satisfied on 21 Apr 2022.

    21 Apr 2022

  • Charges

    A charge registered on 29 May 2012 via Charge ID 10357973 with Ing Vysya Bank Limited was fully satisfied on 21 Apr 2022.

    21 Apr 2022

  • Charges

    A charge with State Bank Of India of Rs. 291.93 Cr registered on 08 Jan 2007 with Charge ID 10034689 was modified on 16 Mar 2022.

    16 Mar 2022

  • Charges

    A charge registered on 12 Jul 1994 via Charge ID 90243197 with Bank Of Baroda was fully satisfied on 28 Sep 2021.

    28 Sep 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Damodar Industries Limited was incorporated on 11 Dec 1987.

  • The authorized share capital of Damodar Industries Limited is ₹ 15.00 Cr and paid-up capital is ₹ 11.65 Cr.

  • Currently 8 directors are associated with Damodar Industries Limited.

    • Arunkumar Biyani
    • Anil Damodarlal Biyani
    • Mamta Ashok Biyani
    • Indrajit Vilas Kanase
    • Ketan Kishore Patel
    • Pankaj Srivastava
    • Ajay Biyani
    • Sheetal Prashad Singhal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Damodar Industries Limited is 19/22 27/30 Madhu Estate Pandurang Budhkar Marg, Worli India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Damodar Industries Limited is L17110MH1987PLC045575 and the company number is 045575 as per Ministry of Corporate Affairs (MCA).

  • Yes, Damodar Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): DAMODARIND.

  • The Official website of Damodar Industries Limited is https://www.damodargroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Damodar Industries Limited has fallen by -23.58%.

  • As Per 2023 financial reports, 1136 employees are currently employed by Damodar Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Damodar Industries Limited has experienced an downturn of -0.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Damodar Industries Limited amount to ₹ 357.48 Cr.

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

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