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:

Damodar Industries Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.65 Cr
  • Company Age 37 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 357.48 Cr
  • Satisfied Charges ₹ 395.69 Cr
  • Revenue Growth -23.58%
  • Profit Growth -95.66%
  • Ebitda -53.05%
  • Net Worth -0.39%
  • Total Assets -0.62%

About Damodar Industries

Damodar Industries Limited (DIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 December 1987 and has a history of 37 years and five months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521220 and on the National Stock Exchange(NSE) under DAMODARIND.

The Corporate was formerly known as Damodar Threads 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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 11.65 Cr.

The company currently has active open charges totaling ₹357.48 Cr. The company has closed loans amounting to ₹395.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Damodar Industries Limited India are Indrajit Kanase as COMPANY SECRETARY and Sheetal Singhal as Cfo. Arunkumar Biyani, Anil Biyani, Mamta Biyani, 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

    L17110MH1987PLC045575

  • Company No.

    045575

  • Stock Symbol

    BSE : 521220 NSE : DAMODARIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 1987

  • Date of AGM

    17 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Damodar Industries Limited offer?

Damodar Industries Limited offers a wide range of products and services, including Yarns & Threads, Natural Fiber Yarns, Cotton Yarn, Textile Yarn, Yarn, Textured Yarn, Other Textile Fabrics, Blended Fabric, Fabric, Synthetic Fabric.

Company report

Damodar Industries Limited

Explore comprehensive data for Damodar Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Indrajit Kanase Company Secretary04-Aug-2023Current
Ajay Biyani Country flag representing In Managing Director25-Apr-2014Current
Sheetal Singhal CFO31-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%.

Damodar Industries revenue growth over time
Damodar Industries 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%

What is the Ownership and Shareholding Structure of Damodar Industries?

In 2023, Damodar Industries had a promoter holding of 70.63% and a public holding of 29.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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.

Employee growth trends for Damodar Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Damodar Industries, 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 Damodar Industries'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 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.

  • Balance Sheet

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

  • Charges

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

  • 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.

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Damodar Industries Limited?

    Damodar Industries Limited was incorporated on 11 Dec 1987.

  • What is authorized share capital and paid-up capital of Damodar Industries Limited?

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

  • Who are the current board members & directors of Damodar Industries Limited?

    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

  • What is the registered address of Damodar Industries Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Damodar Industries Limited?

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

  • Is Damodar Industries Limited registered with any stock exchange in India?

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

  • What is the official website of Damodar Industries Limited?

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

  • What has been the recent revenue trend for Damodar Industries Limited?

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

  • How many employees does Damodar Industries Limited currently have?

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

  • What change has been observed in the net worth of Damodar Industries Limited, and by what percentage?

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

  • What are the total open charges for Damodar Industries Limited?

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

  • When was the last Balance Sheet of Damodar Industries Limited filed with the ROC?

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

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