Hytone Texstyles Limited

Manufacturer of high-quality suitings and yarn, exporting to Europe and Gulf countries. ISO 9000 certified.

1989 | Thane, Maharashtra (India) | Active
Last Updated: July 02, 2024

Hytone Texstyles Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 12.15 Cr
  • Company Age 36 Year, 21 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 41.23 Cr
  • Revenue Growth 20.83%
  • Profit Growth 318.88%
  • Ebitda 7.84%
  • Net Worth 80.64%
  • Total Assets 28.35%

About Hytone Texstyles

Hytone Texstyles Limited (HTL) is a Public Limited Indian Non-Government Company incorporated in India on 11 January 1989 and has a history of 36 years. Its registered office is in Thane, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514258.

The Company is engaged in the Financial Services 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 14.00 Cr and a paid-up capital of Rs 12.15 Cr.

The company has closed loans amounting to ₹41.23 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hytone Texstyles Limited India is Vijay Sagvekar as CFO. Kalpana Dedhia, Amrut Shah, Satish Gala, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17120MH1989PLC050330

  • Company No.

    050330

  • Stock Symbol

    BSE : 514258

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Jan 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Real Estate and Construction

Who are the key members and board of directors at Hytone Texstyles?

Executive Team (2)

Name Designation Appointment Date Status
Amrut Shah Country flag representing In Managing Director 01-Apr-1992 Current
Vijay Sagvekar Country flag representing In CFO 25-Mar-2015 Current

Board Members (3)

Name Designation Appointment Date Status
Kaushik Chheda Country flag representing In Additional Director 08-Feb-2024 Current
Kalpana Dedhia Country flag representing In Additional Director 08-Feb-2024 Current
Satish Gala Country flag representing In Additional Director 08-Feb-2024 Current

Financial Performance of Hytone Texstyles.

Hytone Texstyles Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.83% increase. The company also saw a substantial improvement in profitability, with a 318.88% increase in profit. The company's net worth Soared by an impressive increase of 80.64%.

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
20.83%
Revenue from Operations
8.80%
Total Assets
28.35%
Profit or Loss
318.88%
Net Worth
80.64%
EBITDA
7.84%

What is the Ownership and Shareholding Structure of Hytone Texstyles?

In 2022, Hytone Texstyles had a promoter holding of 64.50% and a public holding of 35.50%. 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

₹41.23 Cr

Charges Breakdown by Lending Institutions

  • Sarjan Mercantile Private Limited : 16.00 Cr
  • Syndicate Bank : 9.44 Cr
  • The South Indian Bank Ltd : 5.19 Cr
  • Efficient Securities Private Limited : 4.37 Cr
  • Canara Bank : 4.15 Cr
  • Others : 2.08 Cr

Latest Charge Details

Date Lender Amount Status
25 Apr 2011 Union Bank Of India ₹0.77 M Satisfied
30 Mar 2000 Sarjan Mercantile Private Limited ₹2.00 Cr Satisfied
18 Aug 1999 Syndicate Bank ₹5.00 M Satisfied
02 Feb 1999 Sarjan Mercantile Private Limited ₹4.00 Cr Satisfied
14 Nov 1998 Syndicate Bank ₹2.20 M Satisfied

How Many Employees Work at Hytone Texstyles?

Unlock and access historical data on people associated with Hytone Texstyles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hytone Texstyles, 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 Hytone Texstyles'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 Hytone Texstyles

Recent activity within the organization

  • Director Appointment

    Kalpana Praful Dedhia was appointed as a Additional Director was appointed as a Additional Director on 08 Feb 2024 & has been associated with this company since 11 months 25 days .

    08 Feb 2024

  • Director Appointment

    Satish Khimji Gala was appointed as a Additional Director was appointed as a Additional Director on 08 Feb 2024 & has been associated with this company since 11 months 25 days .

    08 Feb 2024

  • Director Appointment

    Kaushik Morarji Chheda was appointed as a Additional Director was appointed as a Additional Director on 08 Feb 2024 & has been associated with this company since 11 months 25 days .

    08 Feb 2024

  • Annual General Meeting

    Hytone Texstyles Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hytone Texstyles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 25 Apr 2011 via Charge ID 10283645 with Union Bank Of India was fully satisfied on 14 Jul 2015.

    14 Jul 2015

Frequently asked questions

  • Hytone Texstyles Limited was incorporated on 11 Jan 1989.

  • The authorized share capital of Hytone Texstyles Limited is ₹ 14.00 Cr and paid-up capital is ₹ 12.15 Cr.

  • Currently 5 directors are associated with Hytone Texstyles Limited.

    • Kalpana Praful Dedhia
    • Amrut Tilak Shah
    • Vijay Sagvekar
    • Satish Khimji Gala
    • Kaushik Morarji Chheda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hytone Texstyles Limited is Plot No.70 Ttc Midc Indl. Area, Mahape Village, Navi Mumbai, Maharashtra, India, 400706.

  • The corporate identification number (CIN) of Hytone Texstyles Limited is L17120MH1989PLC050330 and the company number is 050330 as per Ministry of Corporate Affairs (MCA).

  • Yes, Hytone Texstyles Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Hytone Texstyles Limited is https://www.hytonetextile.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hytone Texstyles Limited has risen by 20.83%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hytone Texstyles Limited has experienced an upsurge of 80.64%.

  • The most recent Balance Sheet for Hytone Texstyles Limited was filed with the ROC on 31 Mar 2023.

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