Er Textiles Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 40.00 Cr
- Company Age 27 Year, 6 Months
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 214.85 Cr
- Satisfied Charges ₹ 9.85 Cr
- Revenue Growth -95.54%
- Profit Growth 45.15%
- Ebitda 61.79%
- Net Worth -3.19%
- Total Assets -4.76%
About Er Textiles
Er Textiles Limited (ETL) is a Public Limited Indian Non-Government Company incorporated in India on 13 August 1997 and has a history of 27 years and six months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Circars Textiles 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 2018. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 40.00 Cr.
The company currently has active open charges totaling ₹214.85 Cr. The company has closed loans amounting to ₹9.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chandra Kotla, Vajram Pavankumar, Madhu Rao, 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
U18100WB1997PLC114586
- Company No.
114586
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Aug 1997
- Date of AGM
29 Sep 2018
- Date of Balance Sheet
31 Mar 2018
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Er Textiles?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harish Vattikonda  | Director | 25-Jul-2024 | Current |
| Chandra Kotla | Additional Director | 04-Mar-2016 | Current |
Vajram Pavankumar  | Director | 25-Jul-2024 | Current |
| Madhu Rao | Director | 25-Jul-2024 | Current |
| H Murti | Additional Director | 13-Nov-2014 | Current |
| Kurella Murthy | Additional Director | 23-Oct-2015 | Current |
Financial Performance of Er Textiles.
Er Textiles Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 95.54% decrease. The company also saw a substantial improvement in profitability, with a 45.15% increase in profit. The company's net worth dipped by a decrease of 3.19%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Er Textiles?
In 2015, Er Textiles had a promoter holding of 77.82% and a public holding of 22.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vajram Holdings Private LimitedVajram Pavankumar is a mutual person
Vajram Realty Private LimitedVajram Pavankumar is a mutual person
Vajram Estates Private LimitedVajram Pavankumar is a mutual person
Vajram Aromatics Private LimitedVajram Pavankumar and Madhu Rao are mutual person
Truminds Software Systems Private LimitedVajram Pavankumar is a mutual person
Sri Vasavi Industries LimitedChandra Kotla and Kurella Murthy are mutual person
Charges (Loans)
₹214.85 Cr
₹9.85 Cr
Charges Breakdown by Lending Institutions
- Stressed Assets Stabilisation Fund : 150.00 Cr
- Union Bank Of India : 20.00 Cr
- Life Insurance Corporation Of India : 15.00 Cr
- Punjab & Sind Bank : 10.00 Cr
- Central Bank Of India : 10.00 Cr
- Others : 9.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2002 | Central Bank Of India | ₹10.00 Cr | Open |
| 06 Mar 2002 | Punjab & Sind Bank | ₹10.00 Cr | Open |
| 14 Jun 2001 | Union Bank Of India | ₹20.00 Cr | Open |
| 25 May 2001 | Life Insurance Corporation Of India | ₹15.00 Cr | Open |
| 10 May 2001 | Stressed Assets Stabilisation Fund | ₹150.00 Cr | Open |
How Many Employees Work at Er Textiles?
Er Textiles has a workforce of 65 employees as of Mar 30, 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 Er Textiles, 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 Er Textiles'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.
