Eastern Silk Industries Limited

Manufacturer of silk products for home furnishings, fashion, and exports to global markets.

1946 | Kolkata, West Bengal (India) | Active
Last Updated:

Eastern Silk Industries Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 15.79 Cr
  • Company Age 79 Year, 1 Month
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 1,824.74 Cr
  • Satisfied Charges ₹ 328.43 Cr
  • Revenue Growth -14.79%
  • Profit Growth -0.77%
  • Ebitda 76.27%
  • Net Worth 4.26%
  • Total Assets 0.28%

About Eastern Silk Industries

Eastern Silk Industries Limited (ESIL) was founded in India on 09 April 1946 and has a glorious history of 79 years and one month. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 590022 and on the National Stock Exchange(NSE) under EASTSILK.

The Corporate was formerly known as Indian Silk Manufacturing Co 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 2021. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 15.79 Cr.

The company currently has active open charges totaling ₹1,824.74 Cr. The company has closed loans amounting to ₹328.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Eastern Silk Industries Limited India are Ravi Kumar as COMPANY SECRETARY and Prateek Chhawchharia as Cfo. Ajay Singh, Jyoti Thomas, Praveen Agarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17226WB1946PLC013554

  • Company No.

    013554

  • Stock Symbol

    BSE : 590022 NSE : EASTSILK

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Apr 1946

  • Date of AGM

    08 Sep 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Consumer Goods
Manufacturing

What products or services does Eastern Silk Industries Limited offer?

Eastern Silk Industries Limited offers a wide range of products and services, including Printing & Binding Services, Printing Services, Silk Textile, Silk Fabrics, Home Decor Fabric, Home Decor & Furnishing Fabrics, Home Furnishing Fabrics, Apparel Fabrics & Clothing Textiles, Other Textile Fabrics, Filament Fabric.

Company report

Eastern Silk Industries Limited

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

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

Executive Team (2)

NameDesignationAppointment DateStatus
Ravi Kumar Country flag representing In Company Secretary12-Aug-2024Current
Prateek Chhawchharia CFO16-Jan-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Sunil Kumar Country flag representing In Whole-Time Director 11-Mar-2024Current
Ajay Singh Country flag representing In Additional Director 11-Mar-2024Current
Jyoti Thomas Country flag representing In Additional Director 11-Mar-2024Current
Praveen Agarwal Country flag representing In Additional Director 11-Mar-2024Current
Ramesh Reddappa Country flag representing In Whole-Time Director 11-Mar-2024Current
Deepak Gupta Country flag representing In Additional Director 11-Mar-2024Current

Financial Performance of Eastern Silk Industries.

Eastern Silk Industries Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 14.79% decrease. The company also saw a slight decrease in profitability, with a 0.77% decrease in profit. The company's net worth moved up by a moderate rise of 4.26%.

Eastern Silk Industries revenue growth over time
Eastern Silk 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
-14.79%
Revenue from Operations
-12.13%
Total Assets
0.28%
Profit or Loss
-0.77%
Net Worth
4.26%
EBITDA
76.27%

What is the Ownership and Shareholding Structure of Eastern Silk Industries?

In 2021, Eastern Silk Industries had a promoter holding of 51.28% and a public holding of 48.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,824.74 Cr

Satisfied Charges

₹328.43 Cr

Charges Breakdown by Lending Institutions

  • Others : 739.40 Cr
  • Allahabad Bank (Lead Bank) : 466.86 Cr
  • Allahabad Bank : 416.40 Cr
  • Edelweiss Asset Reconstruction Company Limited : 68.05 Cr
  • Bank Of Baroda : 63.30 Cr
  • Others : 70.73 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jan 2013Allahabad Bank (Lead Bank)₹466.86 CrOpen
20 Aug 2009Bank Of Baroda₹63.30 CrOpen
06 Apr 2009Export-Import Bank Of India₹30.00 CrOpen
12 Nov 2008Allahabad Bank₹15.00 CrOpen
27 Aug 2008The Federal Bank Ltd₹40.63 CrOpen

How Many Employees Work at Eastern Silk Industries?

Eastern Silk Industries has a workforce of 277 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 Eastern Silk Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eastern Silk 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 Eastern Silk 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 Eastern Silk Industries

Recent activity within the organization

  • Director Appointment

    Ravi Kumar was appointed as a Company Secretary was appointed as a Company Secretary on 12 Aug 2024 & has been associated with this company since 9 months 1 day .

  • Director Appointment

    Ajay Bikram Singh was appointed as a Additional Director was appointed as a Additional Director on 11 Mar 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Jyoti Thomas was appointed as a Additional Director was appointed as a Additional Director on 11 Mar 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Praveen Kumar Agarwal was appointed as a Additional Director was appointed as a Additional Director on 11 Mar 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Sunil Kumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 11 Mar 2024 & has been associated with this company since 1 year 2 months .

  • Charges

    A charge with Others of Rs. 40.00 Cr registered on 16 Nov 2005 with Charge ID 90254788 was modified on 02 Jun 2022.

Frequently asked questions

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

    Eastern Silk Industries Limited was incorporated on 09 Apr 1946.

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

    The authorized share capital of Eastern Silk Industries Limited is ₹ 50.00 Cr and paid-up capital is ₹ 15.79 Cr.

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

    Currently 8 directors are associated with Eastern Silk Industries Limited.

    • Ajay Bikram Singh
    • Jyoti Thomas
    • Praveen Kumar Agarwal
    • Sunil Kumar
    • Ramesh Chandragiri Reddappa
    • Ravi Kumar
    • Prateek Chhawchharia
    • Deepak Kumar Gupta
  • What is the registered address of Eastern Silk Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Eastern Silk Industries Limited is 19 R N Mukherjee Rd India, Kolkata, West Bengal, 700001.

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

    The corporate identification number (CIN) of Eastern Silk Industries Limited is L17226WB1946PLC013554 and the company number is 013554 as per Ministry of Corporate Affairs (MCA).

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

    Yes, Eastern Silk Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): EASTSILK.

  • What is the official website of Eastern Silk Industries Limited?

    The Official website of Eastern Silk Industries Limited is https://www.easternsilk.com

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

    According to the financial reports for the fiscal year 2021, the revenue trend for Eastern Silk Industries Limited has fallen by -14.79%.

  • How many employees does Eastern Silk Industries Limited currently have?

    As Per 2021 financial reports, 277 employees are currently employed by Eastern Silk Industries Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Eastern Silk Industries Limited has experienced an upsurge of 4.26%.

  • What are the total open charges for Eastern Silk Industries Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Eastern Silk Industries Limited amount to ₹ 1,824.74 Cr.

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

    The most recent Balance Sheet for Eastern Silk Industries Limited was filed with the ROC on 31 Mar 2021.

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