Howrah Mills Co Ltd

Established in 1890, this company produces various jute products with a capacity of 44,000 tonnes per year.

1890 | Howrah, West Bengal (India) | Active
Last Updated: December 14, 2024

Howrah Mills Co Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.44 Cr
  • Company Age 134 Year, 4 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 317.75 Cr
  • Satisfied Charges ₹ 54.25 Cr
  • Revenue Growth -54.92%
  • Profit Growth -467.23%
  • Ebitda -428.82%
  • Net Worth -407.86%
  • Total Assets -51.37%

About Howrah Mills Co

Howrah Mills Co Ltd (HMCL) was founded in India on 18 September 1890 and has a glorious history of 134 years and four months. Its registered office is in Howrah, West Bengal, India.

The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.44 Cr.

The company currently has active open charges totaling ₹317.75 Cr. The company has closed loans amounting to ₹54.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Howrah Mills Co Ltd India are Siddhartha Bandyopadhyay as CFO and Varsha Agarwal as Company Secretary. Sankar Mukhopadhyay, Prashant Damani, Rabindra Walia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L51909WB1890PLC000625

  • Company No.

    000625

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 1890

  • Date of AGM

    10 Aug 2021

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Packaging

Who are the key members and board of directors at Howrah Mills Co?

Executive Team (2)

Name Designation Appointment Date Status
Siddhartha Bandyopadhyay CFO 10-Aug-2021 Current
Varsha Agarwal Company Secretary 09-Jul-2022 Current

Board Members (5)

Name Designation Appointment Date Status
Sankar Mukhopadhyay Country flag representing In Director 14-May-2012 Current
Prashant Damani Country flag representing In Additional Director 22-Sep-2020 Current
Rabindra Walia Country flag representing In Additional Director 02-Jul-2022 Current
Tapati Dutta Country flag representing In Director 07-Nov-2015 Current
Siddhartha Bandyopadhyay Country flag representing In Whole-Time Director 10-Aug-2021 Current

Financial Performance of Howrah Mills Co.

Howrah Mills Co Ltd, for the financial year ended 2019, experienced significant reduction in revenue, with a 54.92% decrease. The company also saw a substantial fall in profitability, with a 467.23% decrease in profit. The company's net worth observed a substantial decline by a decrease of 407.86%.

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
-54.92%
Revenue from Operations
-57.24%
Total Assets
-51.37%
Profit or Loss
-467.23%
Net Worth
-407.86%
EBITDA
-428.82%

What is the Ownership and Shareholding Structure of Howrah Mills Co?

In 2018, Howrah Mills Co had a promoter holding of 38.93% and a public holding of 61.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹317.75 Cr

Satisfied Charges

₹54.25 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India (Lead Bank) : 179.34 Cr
  • State Bank Of India : 63.23 Cr
  • Others : 58.38 Cr
  • The Federal Bank Limited : 10.00 Cr
  • : 6.80 Cr

Latest Charge Details

Date Lender Amount Status
29 May 2014 Others ₹15.00 Cr Open
24 Jul 2013 ₹6.80 Cr Open
28 Mar 2013 The Federal Bank Limited ₹10.00 Cr Open
01 Dec 2008 State Bank Of India (Lead Bank) ₹83.68 Cr Open
17 Jun 2004 Others ₹43.38 Cr Open

How Many Employees Work at Howrah Mills Co?

Howrah Mills Co has a workforce of 173 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 Howrah Mills Co, 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 Howrah Mills Co'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 Howrah Mills Co

Recent activity within the organization

  • Director Appointment

    Varsha Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 09 Jul 2022 & has been associated with this company since 2 years 6 months .

    09 Jul 2022

  • Director Appointment

    Rabindra Kumar Walia was appointed as a Additional Director was appointed as a Additional Director on 02 Jul 2022 & has been associated with this company since 2 years 7 months .

    02 Jul 2022

  • Annual General Meeting

    Howrah Mills Co Ltd last Annual general meeting of members was held on 10 Aug 2021 as per latest MCA records.

    10 Aug 2021

  • Director Appointment

    Siddhartha Bandyopadhyay was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 10 Aug 2021 & has been associated with this company since 3 years 5 months .

    10 Aug 2021

  • Director Appointment

    Siddhartha Bandyopadhyay was appointed as a Cfo was appointed as a Cfo on 10 Aug 2021 & has been associated with this company since 3 years 5 months .

    10 Aug 2021

  • Director Appointment

    Prashant Damani was appointed as a Additional Director was appointed as a Additional Director on 22 Sep 2020 & has been associated with this company since 4 years 4 months .

    22 Sep 2020

Frequently asked questions

  • Howrah Mills Co Ltd was incorporated on 18 Sep 1890.

  • The authorized share capital of Howrah Mills Co Ltd is ₹ 7.00 Cr and paid-up capital is ₹ 6.44 Cr.

  • Currently 7 directors are associated with Howrah Mills Co Ltd.

    • Sankar Kumar Mukhopadhyay
    • Prashant Damani
    • Rabindra Kumar Walia
    • Tapati Dutta
    • Siddhartha Bandyopadhyay
    • Siddhartha Bandyopadhyay
    • Varsha Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Howrah Mills Co Ltd is 493/C/A G T Road India, Uluberia - Ii, West Bengal, 711102.

  • The corporate identification number (CIN) of Howrah Mills Co Ltd is L51909WB1890PLC000625 and the company number is 000625 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Howrah Mills Co Ltd is https://www.mjindia.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Howrah Mills Co Ltd has fallen by -54.92%.

  • As Per 2019 financial reports, 173 employees are currently employed by Howrah Mills Co Ltd.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Howrah Mills Co Ltd has experienced an downturn of -407.86%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Howrah Mills Co Ltd amount to ₹ 317.75 Cr.

  • The most recent Balance Sheet for Howrah Mills Co Ltd was filed with the ROC on 31 Mar 2019.

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