Gtn Industries Limited

Manufactures and exports cotton yarn with large production capacity and retail division.

1962 | Medak, Telangana (India) | Active
Last Updated: November 16, 2024

Gtn Industries Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 59.04 Cr
  • Company Age 62 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 270.23 Cr
  • Satisfied Charges ₹ 838.72 Cr
  • Revenue Growth -34.43%
  • Profit Growth -55.10%
  • Ebitda -63.34%
  • Net Worth 19.34%
  • Total Assets -51.34%

About Gtn Industries

Gtn Industries Limited (GIL) was founded in India on 02 August 1962 and has a glorious history of 62 years and six months. Its registered office is in Medak, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500170 and on the National Stock Exchange(NSE) under GTNIND.

The Corporate was formerly known as G.T.N. 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 2024. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 59.04 Cr.

The company currently has active open charges totaling ₹270.23 Cr. The company has closed loans amounting to ₹838.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gtn Industries Limited India are P Rao as COMPANY SECRETARY and Raghu Vavilikolanu as Cfo. Mahendra Kumar, Sabari Kambli, Ranganath Mamidipudi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Medak, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gtnindustries.co

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L18101TG1962PLC054323

  • Company No.

    054323

  • Stock Symbol

    BSE : 500170 NSE : GTNIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Aug 1962

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

What products or services does Gtn Industries Limited offer?

Gtn Industries Limited offers a wide range of products and services, including Cotton Yarn, Grey Cotton Yarn, Leggings, Jeggings, Socks & Stocking, Socks, Apparel & Textile Machinery, Textile Processing Machines, Pharmaceutical Tablets, Deferasirox Tablets, Antibiotic Tablets & Capsules, Cefixime Tablet.

Who are the key members and board of directors at Gtn Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Mahendra Kumar Country flag representing In Managing Director01-Dec-2004Current
P Rao Country flag representing In Company Secretary22-Oct-2008Current
Raghu Vavilikolanu Country flag representing In CFO01-Jun-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Ranganath Mamidipudi Country flag representing In Director 29-Aug-2024Current
Sabari Kambli Country flag representing In Director 29-Aug-2024Current
George Chempakathinal Country flag representing In Director 28-Jan-2010Current
Ashok Thattai Country flag representing In Director 29-Aug-2024Current

Financial Performance of Gtn Industries.

Gtn Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.43% decrease. The company also saw a substantial fall in profitability, with a 55.1% decrease in profit. The company's net worth Soared by an impressive increase of 19.34%.

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
-34.43%
Revenue from Operations
-34.73%
Total Assets
-51.34%
Profit or Loss
-55.10%
Net Worth
19.34%
EBITDA
-63.34%

What is the Ownership and Shareholding Structure of Gtn Industries?

In 2023, Gtn Industries had a promoter holding of 74.33% and a public holding of 25.66%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹270.23 Cr

Satisfied Charges

₹838.72 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 229.13 Cr
  • Yes Bank Limited : 40.00 Cr
  • The Industrial Credit & Investment Corporation Of India Ltd. : 1.10 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2024Idbi Bank Limited₹14.00 CrOpen
30 May 2023Yes Bank Limited₹40.00 CrOpen
29 Mar 2019Idbi Bank Limited₹215.13 CrOpen
07 Feb 1991The Industrial Credit & Investment Corporation Of India Ltd.₹1.10 CrOpen
15 May 2020Others₹5.21 CrSatisfied

How Many Employees Work at Gtn Industries?

Gtn Industries has a workforce of 505 employees as of Apr 05, 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 Gtn 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 Gtn 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 Gtn Industries

Recent activity within the organization

  • Annual General Meeting

    Gtn Industries Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 40.00 Cr registered on 30 May 2023 with Charge ID 100733637 was modified on 30 Aug 2024.

    30 Aug 2024

  • Director Appointment

    Sabari Shekhar Kambli was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 5 months 24 days .

    29 Aug 2024

  • Director Appointment

    Ranganath Venkata Mamidipudi was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 5 months 24 days .

    29 Aug 2024

  • Director Appointment

    Ashok Kumar Tiruvallur Thattai was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 5 months 24 days .

    29 Aug 2024

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 14.00 Cr with Charge ID 100940198 was registered on 24 Jun 2024.

    24 Jun 2024

Frequently asked questions

  • Gtn Industries Limited was incorporated on 02 Aug 1962.

  • The authorized share capital of Gtn Industries Limited is ₹ 80.00 Cr and paid-up capital is ₹ 59.04 Cr.

  • Currently 7 directors are associated with Gtn Industries Limited.

    • Mahendra Patodia Kumar
    • Sabari Shekhar Kambli
    • Ranganath Venkata Mamidipudi
    • George Joseph Chempakathinal
    • Ashok Kumar Tiruvallur Thattai
    • P Prabhakara Rao
    • Raghu Ram Vavilikolanu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gtn Industries Limited is Chitkul Village Pattancheru Mandal, India, Medak, Telangana, 502307.

  • The corporate identification number (CIN) of Gtn Industries Limited is L18101TG1962PLC054323 and the company number is 054323 as per Ministry of Corporate Affairs (MCA).

  • Yes, Gtn Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GTNIND.

  • The Official website of Gtn Industries Limited is https://www.gtnindustries.co

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gtn Industries Limited has fallen by -34.43%.

  • As Per 2023 financial reports, 505 employees are currently employed by Gtn Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gtn Industries Limited has experienced an upsurge of 19.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gtn Industries Limited amount to ₹ 270.23 Cr.

  • The most recent Balance Sheet for Gtn Industries Limited was filed with the ROC on 31 Mar 2024.

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