Gangotri Textiles Limited

Textile company producing yarn, fabrics, and garments for domestic and industrial markets.

1989 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: June 23, 2024

Gangotri Textiles Profile

Key Indicators

  • Authorised Capital ₹ 122.00 Cr
  • Paid Up Capital ₹ 106.73 Cr
  • Company Age 35 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,253.55 Cr
  • Satisfied Charges ₹ 61.40 Cr
  • Revenue Growth %
  • Profit Growth -2980.45%
  • Ebitda 20.60%
  • Net Worth -0.36%
  • Total Assets -4.90%

About Gangotri Textiles

Gangotri Textiles Limited (GTL) is a Public Limited Indian Non-Government Company incorporated in India on 26 July 1989 and has a history of 35 years and six months. Its registered office is in Coimbatore, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521176 and on the National Stock Exchange(NSE) under GANGOTRI.

The Corporate was formerly known as Gangotri Textiles 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 2023. It's a company limited by shares with an authorized capital of Rs 122.00 Cr and a paid-up capital of Rs 106.73 Cr.

The company currently has active open charges totaling ₹1,253.55 Cr. The company has closed loans amounting to ₹61.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gangotri Textiles Limited India is Subramaniam Muthukumaraswamy as CFO. Subbian Sivashanmugam, Narayanaswamynaidu Venkatesan, Elango, and Two other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gangotritextiles.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17115TZ1989PLC002491

  • Company No.

    002491

  • Stock Symbol

    BSE : 521176 NSE : GANGOTRI

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 1989

  • Date of AGM

    28 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Gangotri Textiles Limited offer?

Gangotri Textiles Limited offers a wide range of products and services, including Natural Fiber Yarns, Cotton Yarn, Men Shirts, Men Readymade Shirts, Cotton Textile, Cotton Fabric, Men Cotton Shirts, Fabric, Other Textile Fabrics.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Subramaniam Muthukumaraswamy Country flag representing In CFO31-Jan-2019Current
Manoj Tibrewala Country flag representing In Managing Director02-Jul-1992Current

Board Members (4)

NameDesignationAppointment DateStatus
Subbian Sivashanmugam Country flag representing In Director 11-Dec-2018Current
Narayanaswamynaidu Venkatesan Country flag representing In Director 12-Nov-2014Current
Elango Country flag representing In Nominee Director Current
Suryaprabha Viswanathan Country flag representing In Director 12-Nov-2014Current

Financial Performance of Gangotri Textiles.

Gangotri Textiles Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 2980.45% decrease in profit. The company's net worth dipped by a decrease of 0.36%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
-4.90%
Profit or Loss
-2980.45%
Net Worth
-0.36%
EBITDA
20.60%

What is the Ownership and Shareholding Structure of Gangotri Textiles?

In 2023, Gangotri Textiles had a promoter holding of 24.53% and a public holding of 75.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,253.55 Cr

Satisfied Charges

₹61.40 Cr

Charges Breakdown by Lending Institutions

  • Jm Financial Asset Reconstruction Company Private Limited : 642.00 Cr
  • : 438.82 Cr
  • State Bankl Of Hyedrabad : 45.00 Cr
  • State Bank Of Hyderabad : 43.53 Cr
  • Industrial Development Bank Of India : 34.00 Cr
  • Others : 50.20 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2007L & T Finance Limited₹1.23 MOpen
13 Mar 2007State Bank Of Hyderabad₹43.53 CrOpen
20 May 2006Jm Financial Asset Reconstruction Company Private Limited₹273.00 CrOpen
03 May 2006State Bank Of Indore₹15.00 CrOpen
10 Mar 2006Jm Financial Asset Reconstruction Company Private Limited₹363.00 CrOpen

How Many Employees Work at Gangotri Textiles?

Gangotri Textiles has a workforce of 185 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gangotri 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 Gangotri 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 Gangotri Textiles

Recent activity within the organization

  • Annual General Meeting

    Gangotri Textiles Limited last Annual general meeting of members was held on 28 Jul 2023 as per latest MCA records.

    28 Jul 2023

  • Balance Sheet

    Gangotri Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Subramaniam Muthukumaraswamy was appointed as a Cfo was appointed as a Cfo on 31 Jan 2019 & has been associated with this company since 6 years 23 days .

    31 Jan 2019

  • Director Appointment

    Subbian Sivashanmugam was appointed as a Director was appointed as a Director on 11 Dec 2018 & has been associated with this company since 6 years 2 months .

    11 Dec 2018

  • Director Appointment

    Narayanaswamynaidu Venkatesan was appointed as a Director was appointed as a Director on 12 Nov 2014 & has been associated with this company since 10 years 3 months .

    12 Nov 2014

  • Director Appointment

    Suryaprabha Maligamveedu Viswanathan was appointed as a Director was appointed as a Director on 12 Nov 2014 & has been associated with this company since 10 years 3 months .

    12 Nov 2014

Recent News, Updates & Announcement

Frequently asked questions

  • Gangotri Textiles Limited was incorporated on 26 Jul 1989.

  • The authorized share capital of Gangotri Textiles Limited is ₹ 122.00 Cr and paid-up capital is ₹ 106.73 Cr.

  • Currently 6 directors are associated with Gangotri Textiles Limited.

    • Subramaniam Muthukumaraswamy
    • Subbian Sivashanmugam
    • Narayanaswamynaidu Venkatesan
    • Elango
    • Suryaprabha Maligamveedu Viswanathan
    • Manoj Kumar Tibrewala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gangotri Textiles Limited is 25 25-A Venkatachalam Co-Operative Colony, R.S.Puram, Coimbatore, Tamil Nadu, India, 641002.

  • The corporate identification number (CIN) of Gangotri Textiles Limited is L17115TZ1989PLC002491 and the company number is 002491 as per Ministry of Corporate Affairs (MCA).

  • Yes, Gangotri Textiles Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GANGOTRI.

  • The Official website of Gangotri Textiles Limited is https://www.gangotritextiles.com

  • As Per 2023 financial reports, 185 employees are currently employed by Gangotri Textiles Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gangotri Textiles Limited has experienced an downturn of -0.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gangotri Textiles Limited amount to ₹ 1,253.55 Cr.

  • The most recent Balance Sheet for Gangotri Textiles Limited was filed with the ROC on 31 Mar 2023.

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