Just Textiles Profile
Key Indicators
- Authorised Capital ₹ 17.50 Cr
- Paid Up Capital ₹ 16.64 Cr
- Company Age 37 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 22.06 Cr
- Satisfied Charges ₹ 103.65 Cr
- Revenue Growth -11.58%
- Profit Growth 42.66%
- Ebitda -5.12%
- Net Worth 13.09%
- Total Assets -3.30%
About Just Textiles
Just Textiles Limited (JTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 August 1987 and has a history of 37 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Just Weaves Private Limited. 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 17.50 Cr and a paid-up capital of Rs 16.64 Cr.
The company currently has active open charges totaling ₹22.06 Cr. The company has closed loans amounting to ₹103.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Just Textiles Limited India are Manisha Chavan as CFO and Shalini Jain as Company Secretary. Harish Mehta, Pradeep Modi, Rita Batra, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U17100MH1987PLC044296
- Company No.
044296
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Aug 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Just Textiles?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pradeep Modi  | Managing Director | 05-Aug-1987 | Current |
| Manisha Chavan | CFO | 01-Mar-2016 | Current |
| Shalini Jain | Company Secretary | 20-Mar-2016 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neha Modi | Director | 16-Sep-2009 | Current |
| Harish Mehta | Director | 27-Jul-2004 | Current |
| Rita Batra | Whole-Time Director | 18-Apr-2002 | Current |
| Kishore Lund | Director | 03-Dec-2016 | Current |
| Girish Punjabi | Director | 21-Dec-2019 | Current |
Financial Performance of Just Textiles.
Just Textiles Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.58% decrease. The company also saw a substantial improvement in profitability, with a 42.66% increase in profit. The company's net worth Soared by an impressive increase of 13.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Just Textiles?
In 2023, Just Textiles had a promoter holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Bianco Textile Solutions India Private LimitedHarish Mehta is a mutual person
Raine Advisors India Private LimitedGirish Punjabi is a mutual person
Indoeuro Engineering LlpHarish Mehta is a mutual person
- Menzel Engineering India Private Limited
Harish Mehta is a mutual person
- Just Exports Pvt Ltd
Pradeep Modi and Rita Batra are mutual person
- Bastani Enterprises Llp
Rita Batra is a mutual person
Charges (Loans)
₹22.06 Cr
₹103.65 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 21.97 Cr
- Others : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Oct 2019 | Others | ₹0.90 M | Open |
| 31 Dec 2018 | State Bank Of India | ₹21.97 Cr | Open |
| 03 Apr 2012 | Union Bank Of India | ₹5.00 M | Satisfied |
| 20 Dec 2011 | State Bank Of Hyderabad | ₹1.00 Cr | Satisfied |
| 07 Dec 2011 | State Bank Of Patiala | ₹1.50 Cr | Satisfied |
How Many Employees Work at Just Textiles?
Just Textiles has a workforce of 14 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Just 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 Just Textiles's trajectory.
Rating
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
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.
