Gokak Textiles Limited logo

Gokak Textiles Limited

This company manufactures cotton yarn, knitwear, and garments for domestic and export markets.
2006 | Bangalore, Karnataka (India) | Active

Last Updated:

July 12, 2024
HomeCompanyGokak Textiles Limited

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

Executive Team (3)

NameDesignationAppointment DateStatus
Vipan SharmaCFO28-Jun-2021Current
Rakesh NanwaniCompany Secretary26-May-2017Current
Gautam Kumtakar InManaging Director19-Jan-2024Current

Board Members(4)

NameDesignationAppointment DateStatus
Nikhil Bhatia In Director 22-May-2019Current
Pradip Kapadia In Director 12-Sep-2008Current
Govinda Dasu In Director 06-Feb-2007Current
Vinod Bhandawat In Director 15-Jan-2021Current

Financial Performance and Corporate Structure Insights of Gokak Textiles.

Gokak Textiles Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.41% decrease. The company also saw a substantial improvement in profitability, with a 111.01% increase in profit. The company's net worth Soared by an impressive increase of 113.22%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-33.41%
Revenue from Operations
-34.19%
Total Assets
-6.41%
Profit or Loss
111.01%
Net Worth
113.22%
EBITDA
-28.38%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹170.00 Cr

₹422.96 Cr

LenderAmountStatus

Others

Creation Date: 17 Apr 2024
₹160.00 CrOpen

Others

Creation Date: 28 Feb 2024
₹10.00 CrOpen

Rbl Bank Limited

Creation Date: 29 Dec 2015
₹65.00 CrSatisfied

How Many Employees Work at Gokak Textiles?

Gokak Textiles has a workforce of 1606 employees as of Apr 03, 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.

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Latest Updates, News, and FAQs on Gokak Textiles

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 160.00 Cr with Charge ID 100902465 was registered on 17 Apr 2024.

    17 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100882181 was registered on 28 Feb 2024.

    28 Feb 2024

  • Director Appointment

    Gautam Vasant Kumtakar was appointed as a Managing Director was appointed as a Managing Director on 19 Jan 2024 & has been associated with this company since 11 months .

    19 Jan 2024

  • Annual General Meeting

    Gokak Textiles Limited last Annual general meeting of members was held on 14 Jul 2023 as per latest MCA records.

    14 Jul 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Vinod Bhandawat was appointed as a Director was appointed as a Director on 15 Jan 2021 & has been associated with this company since 3 years 11 months .

    15 Jan 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Gokak Textiles Limited was incorporated on 27 Mar 2006.

  • The authorized share capital of Gokak Textiles Limited is ₹ 267.00 Cr and paid-up capital is ₹ 0.00.

  • Currently 7 directors are associated with Gokak Textiles Limited.

    • Pradip Narotam Kapadia
    • Govinda Prasad Dasu
    • Nikhil Jaysinh Bhatia
    • Vipan Kumar Sharma
    • Rakesh Maheshkumar Nanwani
    • Gautam Vasant Kumtakar
    • Vinod Bhandawat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gokak Textiles Limited is #1 2Nd Floor 12Th Cross Ideal Homes, Near Jayanna Circle Rajarajeshwari Nagar, Bangalore, Karnataka, India, 560098.

  • The corporate identification number (CIN) of Gokak Textiles Limited is L17116KA2006PLC038839 and the company number is 038839 as per Ministry of Corporate Affairs (MCA).

  • Yes, Gokak Textiles Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Gokak Textiles Limited is https://www.online.gokaktextiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gokak Textiles Limited has fallen by -33.41%.

  • As Per 2023 financial reports, 1606 employees are currently employed by Gokak Textiles Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gokak Textiles Limited has experienced an upsurge of 113.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gokak Textiles Limited amount to ₹ 170.00 Cr.

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

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