Jagannath Textile Company Limited

Manufactures cotton yarn and owns a knitted inner garment brand, outsources garment manufacturing and processing.

1987 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Who are the key members and board of directors at Jagannath Textile Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Vjayanthi Country flag representing InCFO17-Sep-2014Current
Ramesh Tibrewal Country flag representing InManaging Director15-Sep-1989Current
Somasundaram Sivagurunathan Country flag representing InCompany Secretary09-Feb-2017Current

Board Members (5)

NameDesignationAppointment DateStatus
Abhishek Tibrewal Country flag representing In Whole-Time Director 01-Oct-2015Current
Kangeyam Sreedharan Country flag representing In Director 22-Aug-2005Current
Gauri Tibrewal Country flag representing In Director 22-Aug-2005Current
Samanaidu Palanisamy Country flag representing In Director 22-Aug-2005Current
Kajal Tibrewal Country flag representing In Whole-Time Director 05-Apr-2019Current

Financial Performance of Jagannath Textile Company.

Jagannath Textile Company Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25% decrease. The company also saw a substantial fall in profitability, with a 199.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.47%.

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
-25.00%
Revenue from Operations
-31.20%
Total Assets
-22.29%
Profit or Loss
-199.48%
Net Worth
-18.47%
EBITDA
-99.49%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹47.36 Cr

₹307.13 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 31 Mar 2022
₹47.36 CrOpen

State Bank Of India

Creation Date: 02 Nov 2021
₹15.15 CrSatisfied

State Bank Of India

Creation Date: 04 May 2020
₹4.75 CrSatisfied

How Many Employees Work at Jagannath Textile Company?

Jagannath Textile Company has a workforce of 182 employees as of Mar 23, 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

Rating

Alerts

Latest Updates, News, and FAQs on Jagannath Textile Company

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 47.36 Cr registered on 31 Mar 2022 with Charge ID 100561377 was modified on 23 May 2024.

    23 May 2024

  • Charges

    A charge registered on 18 Dec 2004 via Charge ID 90009300 with State Bank Of India was fully satisfied on 06 May 2024.

    06 May 2024

  • Annual General Meeting

    Jagannath Textile Company Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

    30 Dec 2023

  • Balance Sheet

    Jagannath Textile Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 27.58 Cr registered on 18 Dec 2004 with Charge ID 90009300 was modified on 29 Jun 2022.

    29 Jun 2022

  • Charges

    A charge registered on 02 Nov 2021 via Charge ID 100496749 with State Bank Of India was fully satisfied on 28 Apr 2022.

    28 Apr 2022

Frequently asked questions

  • Jagannath Textile Company Limited was incorporated on 11 May 1987.

  • The authorized share capital of Jagannath Textile Company Limited is ₹ 60.00 Cr and paid-up capital is ₹ 57.84 Cr.

  • Currently 8 directors are associated with Jagannath Textile Company Limited.

    • VJayanthi
    • Abhishek Tibrewal
    • Kangeyam Nagesh Sreedharan
    • Gauri Shankar Tibrewal
    • Samanaidu Palanisamy
    • Ramesh Kumar Tibrewal
    • Kajal Tibrewal
    • Somasundaram Sivagurunathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jagannath Textile Company Limited is Ramani Krishna Marvel Door No:140-141 2Nd 3Rd Floor D.B.Road, R S Puram India, Coimbatore, Tamil Nadu, 641002.

  • The corporate identification number (CIN) of Jagannath Textile Company Limited is U17111TZ1987PLC001965 and the company number is 001965 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jagannath Textile Company Limited is https://www.jtcl.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jagannath Textile Company Limited has fallen by -25.00%.

  • As Per 2023 financial reports, 182 employees are currently employed by Jagannath Textile Company Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jagannath Textile Company Limited has experienced an downturn of -18.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jagannath Textile Company Limited amount to ₹ 47.36 Cr.

  • The most recent Balance Sheet for Jagannath Textile Company Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Textile & Fabric Production