Gtn Textiles Limited

Produces and trades high-quality cotton yarns of various counts using advanced spinning techniques.

2005 | Ernakulam, Kerala (India) | Active
Last Updated:

Gtn Textiles Profile

Key Indicators

  • Authorised Capital ₹ 17.10 Cr
  • Paid Up Capital ₹ 11.64 Cr
  • Company Age 20 Year, 17 Days
  • 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 20 years. 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

  • CIN/LLPIN

    L18101KL2005PLC018062

  • Company No.

    018062

  • Stock Symbol

    BSE : 532744 NSE : GTNTEX

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Mar 2005

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing
Company report

Gtn Textiles Limited

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

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

Executive Team (3)

NameDesignationAppointment DateStatus
Binod Patodia Country flag representing In Managing Director19-Dec-2015Current
Mundath Achuthan CFO01-Jun-2023Current
Balakrishnan Nair Country flag representing In Company Secretary17-Dec-2005Current

Board Members (5)

NameDesignationAppointment DateStatus
Umang Patodia Country flag representing In Director 28-Mar-2005Current
Nandkishore Bafna Country flag representing In Director 15-May-2008Current
Cheriyamadathil Nair Country flag representing In Director 21-Sep-2020Current
Kalpana Thakker Country flag representing In Director 14-Nov-2019Current
Vallomparampath Balakrishnan Country flag representing In Director 31-Jul-2020Current

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%.

Gtn Textiles revenue growth over time
Gtn 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
-88.03%
Revenue from Operations
-88.03%
Total Assets
-22.80%
Profit or Loss
-27.83%
Net Worth
-42.65%
EBITDA
-27.39%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹163.30 Cr

Satisfied Charges

₹156.23 Cr

Charges Breakdown by Lending Institutions

  • Others : 93.60 Cr
  • Central Bank Of India : 69.70 Cr

Latest Charge Details

DateLenderAmountStatus
05 Nov 2020Others₹5.02 CrOpen
31 Jan 2017Others₹10.28 CrOpen
23 May 2008Others₹78.30 CrOpen
26 Jun 2006Central Bank Of India₹69.70 CrOpen
30 Oct 2020State Bank Of India₹3.04 CrSatisfied

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.

Employee growth trends for Gtn Textiles Limited

Deals i

Graph showing company valuation over time

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

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 Textiles

Recent activity within the organization

  • Annual General Meeting

    Gtn Textiles Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 30 Oct 2020 via Charge ID 100387653 with State Bank Of India was fully satisfied on 12 Sep 2023.

  • Charges

    A charge registered on 12 Mar 2007 via Charge ID 10039967 with Bank Of India was fully satisfied on 16 May 2023.

  • Balance Sheet

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

  • Charges

    A charge with Others of Rs. 5.02 Cr registered on 05 Nov 2020 with Charge ID 100384513 was modified on 30 Mar 2021.

  • Charges

    A charge with State Bank Of India of Rs. 3.04 Cr registered on 30 Oct 2020 with Charge ID 100387653 was modified on 30 Mar 2021.

Frequently asked questions

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

    Gtn Textiles Limited was incorporated on 28 Mar 2005.

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

    The authorized share capital of Gtn Textiles Limited is ₹ 17.10 Cr and paid-up capital is ₹ 11.64 Cr.

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

    Currently 8 directors are associated with Gtn Textiles Limited.

    • Binod Kumar Patodia
    • Umang Patodia
    • Nandkishore Bafna
    • Cheriyamadathil Gopalakrishnan Nair
    • Kalpana Mahesh Thakker
    • Vallomparampath Narayanankutty Balakrishnan
    • Mundath Achuthan
    • Balakrishnan Eranackal Kochuraman Nair

  • What is the registered address of Gtn Textiles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gtn Textiles Limited is 61/464 6Th Floor Palal Towers Ravipuram Mg Road, Cochin India, Ernakulam, Kerala, 682016.

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

    The corporate identification number (CIN) of Gtn Textiles Limited is L18101KL2005PLC018062 and the company number is 018062 as per Ministry of Corporate Affairs (MCA).

  • Is Gtn Textiles Limited registered with any stock exchange in India?

    Yes, Gtn Textiles Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GTNTEX.

  • What is the official website of Gtn Textiles Limited?

    The Official website of Gtn Textiles Limited is https://www.gtntextiles.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Gtn Textiles Limited has fallen by -88.03%.

  • How many employees does Gtn Textiles Limited currently have?

    As Per 2023 financial reports, 17 employees are currently employed by Gtn Textiles Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Gtn Textiles Limited has experienced an downturn of -42.65%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Gtn Textiles Limited amount to ₹ 163.30 Cr.

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

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

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