Er Textiles Limited

Manufactures and trades various types of cotton and polyester fabrics.

1997 | Kolkata, West Bengal (India) | Active
Last Updated:

Er Textiles Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 40.00 Cr
  • Company Age 27 Year, 9 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 nine 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

Manufacturing
Company report

Er Textiles Limited

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

Who are the key members and board of directors at Er Textiles?

Board Members (6)

NameDesignationAppointment DateStatus
Harish Vattikonda Country flag representing In Director 25-Jul-2024Current
Chandra Kotla Country flag representing In Additional Director 04-Mar-2016Current
Vajram Pavankumar Country flag representing Us Director 25-Jul-2024Current
Madhu Rao Country flag representing In Director 25-Jul-2024Current
H Murti Country flag representing In Additional Director 13-Nov-2014Current
Kurella Murthy Country flag representing In Additional Director 23-Oct-2015Current

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%.

Er Textiles revenue growth over time
Er Textiles 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
-95.54%
Revenue from Operations
-95.48%
Total Assets
-4.76%
Profit or Loss
45.15%
Net Worth
-3.19%
EBITDA
61.79%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹214.85 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
22 May 2002Central Bank Of India₹10.00 CrOpen
06 Mar 2002Punjab & Sind Bank₹10.00 CrOpen
14 Jun 2001Union Bank Of India₹20.00 CrOpen
25 May 2001Life Insurance Corporation Of India₹15.00 CrOpen
10 May 2001Stressed Assets Stabilisation Fund₹150.00 CrOpen

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.

Employee growth trends for Er Textiles Limited

Deals i

Graph showing company valuation over time

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

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 Er Textiles

Recent activity within the organization

  • Director Appointment

    Vajram Pavankumar was appointed as a Director was appointed as a Director on 25 Jul 2024 & has been associated with this company since 10 months 1 day .

  • Director Appointment

    Madhu Radhakrishna Rao was appointed as a Director was appointed as a Director on 25 Jul 2024 & has been associated with this company since 10 months 1 day .

  • Director Appointment

    Harish Kumar Vattikonda was appointed as a Director was appointed as a Director on 25 Jul 2024 & has been associated with this company since 10 months 1 day .

  • Annual General Meeting

    Er Textiles Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

  • Balance Sheet

    Er Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Kolkata.

  • Director Appointment

    Chandra Sekhara Rao Kotla was appointed as a Additional Director was appointed as a Additional Director on 04 Mar 2016 & has been associated with this company since 9 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Er Textiles Limited?

    Er Textiles Limited was incorporated on 13 Aug 1997.

  • What is authorized share capital and paid-up capital of Er Textiles Limited?

    The authorized share capital of Er Textiles Limited is ₹ 40.00 Cr and paid-up capital is ₹ 40.00 Cr.

  • Who are the current board members & directors of Er Textiles Limited?

    Currently 6 directors are associated with Er Textiles Limited.

    • Chandra Sekhara Rao Kotla
    • Vajram Pavankumar
    • Madhu Radhakrishna Rao
    • H Venkata Ramana Murti
    • Kurella Venkata Narasimha Murthy
    • Harish Kumar Vattikonda

  • What is the registered address of Er Textiles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Er Textiles Limited is 1/433 Gariahat Road Block - 4A(4Th Floor) Jodhpur Park, India, Kolkata, West Bengal, 700068.

  • What is the corporate identification number (CIN) and company number of Er Textiles Limited?

    The corporate identification number (CIN) of Er Textiles Limited is U18100WB1997PLC114586 and the company number is 114586 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Er Textiles Limited?

    The Official website of Er Textiles Limited is https://www.ertextiles.com

  • What has been the recent revenue trend for Er Textiles Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Er Textiles Limited has fallen by -95.54%.

  • How many employees does Er Textiles Limited currently have?

    As Per 2018 financial reports, 65 employees are currently employed by Er Textiles Limited.

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

    The financial reports for the fiscal year 2018 indicates that The net worth of Er Textiles Limited has experienced an downturn of -3.19%.

  • What are the total open charges for Er Textiles Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Er Textiles Limited amount to ₹ 214.85 Cr.

  • When was the last Balance Sheet of Er Textiles Limited filed with the ROC?

    The most recent Balance Sheet for Er Textiles Limited was filed with the ROC on 31 Mar 2018.

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