Jharkhand Silk Textile And Handicraft Development Corporation Limited

Government company promoting rural livelihood through textile and handicraft manufacturing and sales.

2006 | Ranchi, Jharkhand (India) | Active
Last Updated: December 14, 2024

Jharkhand Silk Textile And Handicraft Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 18 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth -41.76%
  • Profit Growth 110.32%
  • Ebitda 21.86%
  • Net Worth 0.23%
  • Total Assets -0.33%

About Jharkhand Silk Textile And Handicraft Development Corporation

Jharkhand Silk Textile And Handicraft Development Corporation Limited (JSTAHDCL) is a leading Public Limited State Government Company incorporated in India on 23 August 2006 and has a history of 18 years and five months. Its registered office is in Ranchi, Jharkhand, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company has closed loans amounting to ₹15.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jharkhand Silk Textile And Handicraft Development Corporation Limited India are Sanjay Kumar as CFO and Swati as Company Secretary. Avinash Kumar, Jitendra Singh, Akanksha Ranjan, and One other member serve as directors at the Company.

Company Details

  • Location

    Ranchi, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jharcraft.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17122JH2006SGC012606

  • Company No.

    012606

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    23 Aug 2006

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Manufacturing
Home & Lifestyle
Consumer Goods

What products or services does Jharkhand Silk Textile And Handicraft Development Corporation Limited offer?

Jharkhand Silk Textile And Handicraft Development Corporation Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Natural Fabric, Fashion & Designer Bags, Designer Bag, Sarees, Lehenga and Salwar Suits, Hand Work Saree, Scarves, Shawls, Stoles, Bandanas, Stoles.

Who are the key members and board of directors at Jharkhand Silk Textile And Handicraft Development Corporation?

Executive Team (3)

Name Designation Appointment Date Status
Gangaiah Keerthishree Managing Director 19-Feb-2024 Current
Sanjay Kumar CFO 02-Feb-2022 Current
Swati Country flag representing In Company Secretary 01-Jan-2021 Current

Board Members (3)

Name Designation Appointment Date Status
Avinash Kumar Country flag representing In Director 04-Jan-2024 Current
Jitendra Singh Country flag representing In Nominee Director 13-Mar-2023 Current
Akanksha Ranjan Country flag representing In Nominee Director 20-Oct-2021 Current

Financial Performance of Jharkhand Silk Textile And Handicraft Development Corporation.

Jharkhand Silk Textile And Handicraft Development Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 41.76% decrease. The company also saw a substantial improvement in profitability, with a 110.32% increase in profit. The company's net worth moved up by a moderate rise of 0.23%.

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
-41.76%
Revenue from Operations
-55.99%
Total Assets
-0.33%
Profit or Loss
110.32%
Net Worth
0.23%
EBITDA
21.86%

What is the Ownership and Shareholding Structure of Jharkhand Silk Textile And Handicraft Development Corporation?

In 2023, Jharkhand Silk Textile And Handicraft Development Corporation had a promoter holding of 100.00%. 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

₹15.00 Cr

Charges Breakdown by Lending Institutions

  • National Bank For Agriculture And Rural Development : 15.00 Cr

Latest Charge Details

Date Lender Amount Status
15 Dec 2010 National Bank For Agriculture And Rural Development ₹15.00 Cr Satisfied

How Many Employees Work at Jharkhand Silk Textile And Handicraft Development Corporation?

Unlock and access historical data on people associated with Jharkhand Silk Textile And Handicraft Development Corporation, 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 Jharkhand Silk Textile And Handicraft Development Corporation, 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 Jharkhand Silk Textile And Handicraft Development Corporation'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 Jharkhand Silk Textile And Handicraft Development Corporation

Recent activity within the organization

  • Charges

    A charge registered on 15 Dec 2010 via Charge ID 10260733 with National Bank For Agriculture And Rural Development was fully satisfied on 26 Nov 2024.

    26 Nov 2024

  • Director Appointment

    Gangaiah Keerthishree was appointed as a Managing Director was appointed as a Managing Director on 19 Feb 2024 & has been associated with this company since 11 months 25 days .

    19 Feb 2024

  • Director Appointment

    Avinash Kumar was appointed as a Director was appointed as a Director on 04 Jan 2024 & has been associated with this company since 1 year 1 month .

    04 Jan 2024

  • Annual General Meeting

    Jharkhand Silk Textile And Handicraft Development Corporation Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Jharkhand Silk Textile And Handicraft Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jharkhand.

    31 Mar 2023

  • Director Appointment

    Jitendra Kumar Singh was appointed as a Nominee Director was appointed as a Nominee Director on 13 Mar 2023 & has been associated with this company since 1 year 11 months .

    13 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Jharkhand Silk Textile And Handicraft Development Corporation Limited was incorporated on 23 Aug 2006.

  • The authorized share capital of Jharkhand Silk Textile And Handicraft Development Corporation Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 6 directors are associated with Jharkhand Silk Textile And Handicraft Development Corporation Limited.

    • Avinash Kumar
    • Jitendra Kumar Singh
    • Akanksha Ranjan
    • Gangaiah Keerthishree
    • Sanjay Kumar
    • Swati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jharkhand Silk Textile And Handicraft Development Corporation Limited is Dic Campus Ratu Road India, Ranchi, Jharkhand, 834002.

  • The corporate identification number (CIN) of Jharkhand Silk Textile And Handicraft Development Corporation Limited is U17122JH2006SGC012606 and the company number is 012606 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jharkhand Silk Textile And Handicraft Development Corporation Limited is https://www.jharcraft.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Jharkhand Silk Textile And Handicraft Development Corporation Limited has fallen by -41.76%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Jharkhand Silk Textile And Handicraft Development Corporation Limited has experienced an upsurge of 0.23%.

  • The most recent Balance Sheet for Jharkhand Silk Textile And Handicraft Development Corporation Limited was filed with the ROC on 31 Mar 2023.

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