Gtn Textiles Profile
Key Indicators
- Authorised Capital ₹ 17.10 Cr
- Paid Up Capital ₹ 11.64 Cr
- Company Age 19 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 163.30 Cr
- Satisfied Charges ₹ 156.23 Cr
- Revenue Growth -88.03%
- Profit Growth -27.83%
- Ebitda -27.39%
- Net Worth -42.65%
- Total Assets -22.80%
About Gtn Textiles
Gtn Textiles Limited (GTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 March 2005 and has a history of 19 years and ten months. Its registered office is in Ernakulam, Kerala, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532744 and on the National Stock Exchange(NSE) under GTNTEX.
The Corporate was formerly known as Gtn Industries 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 17.10 Cr and a paid-up capital of Rs 11.64 Cr.
The company currently has active open charges totaling ₹163.30 Cr. The company has closed loans amounting to ₹156.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gtn Textiles Limited India are Mundath Achuthan as CFO and Balakrishnan Nair as Company Secretary. Binod Patodia, Umang Patodia, Nandkishore Bafna, and Three other members serve as directors at the Company.
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
Industry
Who are the key members and board of directors at Gtn Textiles?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Binod Patodia  | Managing Director | 19-Dec-2015 | Current |
| Mundath Achuthan | CFO | 01-Jun-2023 | Current |
| Balakrishnan Nair | Company Secretary | 17-Dec-2005 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Umang Patodia | Director | 28-Mar-2005 | Current |
| Nandkishore Bafna | Director | 15-May-2008 | Current |
| Cheriyamadathil Nair | Director | 21-Sep-2020 | Current |
| Kalpana Thakker | Director | 14-Nov-2019 | Current |
| Vallomparampath Balakrishnan | Director | 31-Jul-2020 | Current |
Financial Performance of Gtn Textiles.
Gtn Textiles Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 88.03% decrease. The company also saw a substantial fall in profitability, with a 27.83% decrease in profit. The company's net worth observed a substantial decline by a decrease of 42.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gtn Textiles?
In 2023, Gtn Textiles had a promoter holding of 63.37% and a public holding of 36.64%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Patspin India LtdBinod Patodia, Umang Patodia and 4 more are mutual person
New Line Buildtech Private LimitedNandkishore Bafna is a mutual person
Patspin Apparels Private LimitedBinod Patodia and Umang Patodia are mutual person
- Patodia Exports & Investments Pvt Ltd
Binod Patodia and Umang Patodia are mutual person
- Beekaypee Credit Pvt Ltd
Binod Patodia and Umang Patodia are mutual person
- Umang Finance Pvt. Ltd.
Binod Patodia is a mutual person
Charges (Loans)
₹163.30 Cr
₹156.23 Cr
Charges Breakdown by Lending Institutions
- Others : 93.60 Cr
- Central Bank Of India : 69.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Nov 2020 | Others | ₹5.02 Cr | Open |
| 31 Jan 2017 | Others | ₹10.28 Cr | Open |
| 23 May 2008 | Others | ₹78.30 Cr | Open |
| 26 Jun 2006 | Central Bank Of India | ₹69.70 Cr | Open |
| 30 Oct 2020 | State Bank Of India | ₹3.04 Cr | Satisfied |
How Many Employees Work at Gtn Textiles?
Gtn Textiles has a workforce of 17 employees as of Apr 07, 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 Gtn 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 Gtn 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.
