Himalaya Cotton Yarn Limited

Produces cotton and polyester yarn since 2004, based in Surat, Gujarat.

2004 | Surat, Gujarat (India) | Active
Last Updated: December 22, 2024

Himalaya Cotton Yarn Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.63 Cr
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 32.05 Cr
  • Satisfied Charges ₹ 4.86 Cr
  • Revenue Growth -19.96%
  • Profit Growth 228.23%
  • Ebitda 321.15%
  • Net Worth 4.52%
  • Total Assets 3.65%

About Himalaya Cotton Yarn

Himalaya Cotton Yarn Limited (HCYL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 January 2004 and has a history of 21 years and one month. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Himalaya Cotton Yarn P 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 10.00 Cr and a paid-up capital of Rs 8.63 Cr.

The company currently has active open charges totaling ₹32.05 Cr. The company has closed loans amounting to ₹4.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Desai, Yuti Desai, and Mamta Desai serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    thehimalayagroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111GJ2004PLC043506

  • Company No.

    043506

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Himalaya Cotton Yarn?

Executive Team (1)

NameDesignationAppointment DateStatus
Ravi Desai Country flag representing In Managing Director07-Oct-2015Current

Board Members (2)

NameDesignationAppointment DateStatus
Yuti Desai Country flag representing In Director 30-Jul-2020Current
Mamta Desai Country flag representing In Director 23-Jan-2004Current

Financial Performance of Himalaya Cotton Yarn.

Himalaya Cotton Yarn Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 19.96% decrease. The company also saw a substantial improvement in profitability, with a 228.23% increase in profit. The company's net worth moved up by a moderate rise of 4.52%.

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
-19.96%
Revenue from Operations
-16.01%
Total Assets
3.65%
Profit or Loss
228.23%
Net Worth
4.52%
EBITDA
321.15%

What is the Ownership and Shareholding Structure of Himalaya Cotton Yarn?

In 2021, Himalaya Cotton Yarn had a promoter holding of 64.91% and a public holding of 35.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.05 Cr

Satisfied Charges

₹4.86 Cr

Charges Breakdown by Lending Institutions

  • Others : 28.05 Cr
  • Punjab National Bank : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2023Others₹6.00 MOpen
29 Mar 2022Others₹5.50 CrOpen
03 Nov 2020Others₹5.50 MOpen
20 Aug 2014Others₹10.70 CrOpen
18 Jun 2014Punjab National Bank₹4.00 CrOpen

How Many Employees Work at Himalaya Cotton Yarn?

Himalaya Cotton Yarn has a workforce of 39 employees as of Apr 08, 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 Himalaya Cotton Yarn, 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 Himalaya Cotton Yarn'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 Himalaya Cotton Yarn

Recent activity within the organization

  • Annual General Meeting

    Himalaya Cotton Yarn Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Himalaya Cotton Yarn Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100863029 was registered on 26 Dec 2023.

    26 Dec 2023

  • Charges

    A charge with Others of Rs. 10.70 Cr registered on 20 Aug 2014 with Charge ID 10517932 was modified on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge with Others of Rs. 10.70 Cr registered on 04 Jan 2007 with Charge ID 10060802 was modified on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge with Others of Rs. 0.55 Cr registered on 03 Nov 2020 with Charge ID 100416472 was modified on 28 Apr 2022.

    28 Apr 2022

Frequently asked questions

  • Himalaya Cotton Yarn Limited was incorporated on 23 Jan 2004.

  • The authorized share capital of Himalaya Cotton Yarn Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.63 Cr.

  • Currently 3 directors are associated with Himalaya Cotton Yarn Limited.

    • Ravi Raj Desai
    • Yuti Rakeshbhai Desai
    • Mamta Naishadh Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Himalaya Cotton Yarn Limited is B-18/14 15 16 Sachin Udhyognagar Hojiwala Estate, India, Surat, Gujarat, 394230.

  • The corporate identification number (CIN) of Himalaya Cotton Yarn Limited is U17111GJ2004PLC043506 and the company number is 043506 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Himalaya Cotton Yarn Limited is https://www.thehimalayagroup.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Himalaya Cotton Yarn Limited has fallen by -19.96%.

  • As Per 2021 financial reports, 39 employees are currently employed by Himalaya Cotton Yarn Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Himalaya Cotton Yarn Limited has experienced an upsurge of 4.52%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Himalaya Cotton Yarn Limited amount to ₹ 32.05 Cr.

  • The most recent Balance Sheet for Himalaya Cotton Yarn Limited was filed with the ROC on 31 Mar 2024.

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