Eastern Spinning Mills & Industries Ltd

A textile company that specializes in spinning, weaving, and dyeing various natural fibers.

1970 | 24 Parganas, West Bengal (India) | Active
Last Updated:

Eastern Spinning Mills & Industries Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 12.60 Cr
  • Company Age 54 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 65.26 Cr
  • Satisfied Charges ₹ 42.62 Cr
  • Revenue Growth 319.40%
  • Profit Growth 5222.44%
  • Ebitda -19.39%
  • Net Worth 7.29%
  • Total Assets -18.60%

About Eastern Spinning Mills & Industries

Eastern Spinning Mills & Industries Ltd (ESMIL) was founded in India on 14 October 1970 and has a glorious history of 54 years and seven months.Its registered office is in 24 Parganas, West Bengal.

The Corporate was formerly known as Bharat Trading Company 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 25.00 Cr and a paid-up capital of Rs 12.60 Cr.

The company currently has active open charges totaling ₹65.26 Cr. The company has closed loans amounting to ₹42.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Eastern Spinning Mills & Industries Ltd India are Sampat Daga as COMPANY SECRETARY and Arup Pal as Cfo. Om Saxena, Sameer Saxena, and Sushil Sharda serve as directors at the Company.

Company Details

  • Location 24 Parganas, West Bengal
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17299WB1970PLC025846

  • Company No.

    025846

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 1970

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing
Company report

Eastern Spinning Mills & Industries Ltd

Explore comprehensive data for Eastern Spinning Mills & Industries Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Eastern Spinning Mills & Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Sampat Daga Country flag representing In Company Secretary28-Mar-2019Current
Arup Pal Country flag representing In CFO22-Nov-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Om Saxena Country flag representing In Additional Director 30-Mar-2017Current
Sameer Saxena Country flag representing In Additional Director 30-Mar-2017Current
Sushil Sharda Country flag representing In Whole-Time Director 30-May-2012Current

Financial Performance of Eastern Spinning Mills & Industries.

Eastern Spinning Mills & Industries Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 319.4% increase. The company also saw a substantial improvement in profitability, with a 5222.44% increase in profit. The company's net worth moved up by a moderate rise of 7.29%.

Eastern Spinning Mills & Industries revenue growth over time
Eastern Spinning Mills & 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
319.40%
Revenue from Operations
Total Assets
-18.60%
Profit or Loss
5222.44%
Net Worth
7.29%
EBITDA
-19.39%

What is the Ownership and Shareholding Structure of Eastern Spinning Mills & Industries?

In 2023, Eastern Spinning Mills & Industries had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹65.26 Cr

Satisfied Charges

₹42.62 Cr

Charges Breakdown by Lending Institutions

  • United Commercial Bank : 10.28 Cr
  • The Hongkong & Shanghai Banking Corpn. Ltd. : 10.00 Cr
  • The Houngong & Shanghai Banking Corporation Limited : 10.00 Cr
  • The Honkong & Shanghai Banking Corpn. Ltd. : 8.50 Cr
  • The Hongkong & Shanghai Banking Corporation Limited : 8.50 Cr
  • Others : 17.98 Cr

Latest Charge Details

DateLenderAmountStatus
01 Sep 2017Others₹3.39 CrOpen
01 Sep 2017Others₹1.02 CrOpen
16 Jan 1995The Honkong & Shanghai Banking Corpn. Ltd.₹8.50 CrOpen
16 Jan 1995The Hongkong & Shanghai Banking Corporation Limited₹8.50 CrOpen
21 Jul 1994The Hongkong & Shanghai Banking Corpn. Ltd.₹10.00 CrOpen

How Many Employees Work at Eastern Spinning Mills & Industries?

Unlock and access historical data on people associated with Eastern Spinning Mills & Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Eastern Spinning Mills & Industries Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eastern Spinning Mills & 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 Spinning Mills & 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 Spinning Mills & Industries

Recent activity within the organization

  • Annual General Meeting

    Eastern Spinning Mills & Industries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Eastern Spinning Mills & Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Arup Kumar Pal was appointed as a Cfo was appointed as a Cfo on 22 Nov 2019 & has been associated with this company since 5 years 5 months .

  • Director Appointment

    Sampat Mal Daga was appointed as a Company Secretary was appointed as a Company Secretary on 28 Mar 2019 & has been associated with this company since 6 years 1 month .

  • Charges

    A charge registered on 17 Apr 1995 via Charge ID 90253598 with State Bank Of India was fully satisfied on 13 Dec 2018.

  • Charges

    A charge registered on 17 Apr 1995 via Charge ID 90255769 with State Bank Of India was fully satisfied on 13 Dec 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Eastern Spinning Mills & Industries Ltd?

    Eastern Spinning Mills & Industries Ltd was incorporated on 14 Oct 1970.

  • What is authorized share capital and paid-up capital of Eastern Spinning Mills & Industries Ltd?

    The authorized share capital of Eastern Spinning Mills & Industries Ltd is ₹ 25.00 Cr and paid-up capital is ₹ 12.60 Cr.

  • Who are the current board members & directors of Eastern Spinning Mills & Industries Ltd?

    Currently 5 directors are associated with Eastern Spinning Mills & Industries Ltd.

    • Om Prakash Saxena
    • Sameer Saxena
    • Sushil Girdharilal Sharda
    • Sampat Mal Daga
    • Arup Kumar Pal
  • What is the registered address of Eastern Spinning Mills & Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Eastern Spinning Mills & Industries Ltd is Pirgachha Po Kadam Gachhi India, 24 Parganas, West Bengal, 743201.

  • What is the corporate identification number (CIN) and company number of Eastern Spinning Mills & Industries Ltd?

    The corporate identification number (CIN) of Eastern Spinning Mills & Industries Ltd is U17299WB1970PLC025846 and the company number is 025846 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Eastern Spinning Mills & Industries Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Eastern Spinning Mills & Industries Ltd has risen by 319.40%.

  • What change has been observed in the net worth of Eastern Spinning Mills & Industries Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Eastern Spinning Mills & Industries Ltd has experienced an upsurge of 7.29%.

  • What are the total open charges for Eastern Spinning Mills & Industries Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Eastern Spinning Mills & Industries Ltd amount to ₹ 65.26 Cr.

  • When was the last Balance Sheet of Eastern Spinning Mills & Industries Ltd filed with the ROC?

    The most recent Balance Sheet for Eastern Spinning Mills & Industries Ltd was filed with the ROC on 31 Mar 2024.

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