Hope Textiles Ltd

A textile company that sells and sub-leases land, manufactures and sells various fabrics, and is also involved in other related businesses.

1922 | Indore, Madhya Pradesh (India) | Active
Last Updated: December 29, 2024

Hope Textiles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.45 Cr
  • Company Age 102 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -82.77%
  • Profit Growth -141.08%
  • Ebitda -99.57%
  • Net Worth -8.56%
  • Total Assets -5.67%

About Hope Textiles

Hope Textiles Ltd (HTL) was founded in India on 01 March 1922 and has a glorious history of 102 years and 11 months.Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as The Nandlal Bhandari Mills Limited.. The Company is engaged in the Real Estate And Construction 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 5.00 Cr and a paid-up capital of Rs 3.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ayesha Jhunjhunwala, Aaradhana Jhunjhunwala, Govindaswamy Sridharan, and Five other members serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72112MP1922PLC000060

  • Company No.

    000060

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 1922

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Real Estate and Construction
Home & Lifestyle

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

Board Members (8)

NameDesignationAppointment DateStatus
Govindaswamy Sridharan Country flag representing In Director 29-Jun-2005Current
Abhishek Poddar Country flag representing In Director 29-Sep-2001Current
Ayesha Jhunjhunwala Country flag representing In Director 31-Oct-2013Current
Aaradhana Jhunjhunwala Country flag representing In Director 04-Jun-2008Current
Rajeev Sanghi Country flag representing In Director 01-Jun-2023Current
Bimal Poddar Country flag representing In Director 27-Jan-1977Current

Financial Performance of Hope Textiles.

Hope Textiles Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 82.77% decrease. The company also saw a substantial fall in profitability, with a 141.08% decrease in profit. The company's net worth dipped by a decrease of 8.56%.

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
-82.77%
Revenue from Operations
-82.69%
Total Assets
-5.67%
Profit or Loss
-141.08%
Net Worth
-8.56%
EBITDA
-99.57%

What is the Ownership and Shareholding Structure of Hope Textiles?

In 2023, Hope Textiles had a promoter holding of 94.37% and a public holding of 5.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Indore : 0.00 Cr
  • Industrial Reconstruction Corporation Of India Ltd. : 0.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 1984Industrial Reconstruction Corporation Of India Ltd.₹0.00Satisfied
16 Feb 1976State Bank Of Indore₹0.00Satisfied
12 Feb 1976State Bank Of Indore₹0.00Satisfied

How Many Employees Work at Hope Textiles?

Hope Textiles has a workforce of 3 employees as of Apr 02, 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 Hope 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 Hope 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 Hope Textiles

Recent activity within the organization

  • Annual General Meeting

    Hope Textiles Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Hope Textiles Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Director Appointment

    Sushila Poddar was appointed as a Director was appointed as a Director on 18 Oct 2023 & has been associated with this company since 1 year 4 months .

    18 Oct 2023

  • Director Appointment

    Rajeev Sanghi was appointed as a Director was appointed as a Director on 01 Jun 2023 & has been associated with this company since 1 year 8 months .

    01 Jun 2023

  • Director Appointment

    Kantilal Bam was appointed as a Director was appointed as a Director on 01 Jun 2023 & has been associated with this company since 1 year 8 months .

    01 Jun 2023

  • Director Appointment

    Ayesha Jhunjhunwala was appointed as a Director was appointed as a Director on 31 Oct 2013 & has been associated with this company since 11 years 3 months .

    31 Oct 2013

Frequently asked questions

  • Hope Textiles Ltd was incorporated on 01 Mar 1922.

  • The authorized share capital of Hope Textiles Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 3.45 Cr.

  • Currently 8 directors are associated with Hope Textiles Ltd.

    • Ayesha Jhunjhunwala
    • Aaradhana Jhunjhunwala
    • Govindaswamy Sridharan
    • Rajeev Sanghi
    • Abhishek Poddar
    • Bimal Kumar Poddar
    • Kantilal Bam
    • Sushila Poddar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hope Textiles Ltd is 1, Snehlataganj Main Road India, Indore, Madhya Pradesh, 452003.

  • The corporate identification number (CIN) of Hope Textiles Ltd is U72112MP1922PLC000060 and the company number is 000060 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hope Textiles Ltd has fallen by -82.77%.

  • As Per 2023 financial reports, 3 employees are currently employed by Hope Textiles Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hope Textiles Ltd has experienced an downturn of -8.56%.

  • The most recent Balance Sheet for Hope Textiles Ltd was filed with the ROC on 31 Mar 2024.

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