K G Denim Limited

Global manufacturer and seller of denim and apparel fabric for fashion brands and retailers.

1992 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: July 08, 2024

K G Denim Profile

Key Indicators

  • Authorised Capital ₹ 41.00 Cr
  • Paid Up Capital ₹ 25.64 Cr
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 369.91 Cr
  • Satisfied Charges ₹ 550.57 Cr
  • Revenue Growth -12.94%
  • Profit Growth -288.37%
  • Ebitda -112.71%
  • Net Worth -31.03%
  • Total Assets -14.21%

About K G Denim

K G Denim Limited (KGDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 June 1992 and has a history of 32 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500239.

The Corporate was formerly known as K.G Denims Limited. The Company is engaged in the Fashion And Textile 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 41.00 Cr and a paid-up capital of Rs 25.64 Cr.

The company currently has active open charges totaling ₹369.91 Cr. The company has closed loans amounting to ₹550.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at K G Denim Limited India are Sivagaminathan Manickam as CFO and Palanivel Rajesh as Company Secretary. Balakrishnan Srihari, Lakshmi Raman, Jaganmohan Ramachandran, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kgdenim.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17115TZ1992PLC003798

  • Company No.

    003798

  • Stock Symbol

    BSE : 500239

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 1992

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Fashion and Textile

What products or services does K G Denim Limited offer?

K G Denim Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Stretch Fabric, Other Textile Fabrics, Yarns & Threads, Yarn, Cotton Yarn, Cotton Textile, Cotton Fabric, Denim Clothing, Men Jeans.

Who are the key members and board of directors at K G Denim?

Executive Team (4)

NameDesignationAppointment DateStatus
Balakrishnan Srihari Country flag representing In Managing Director03-Nov-2003Current
Sivagaminathan Manickam Country flag representing In CFO13-Nov-2020Current
Balakrishnan Sriramulu Country flag representing In Managing Director03-Nov-2003Current
Palanivel Rajesh Company Secretary08-Jan-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Lakshmi Raman Country flag representing In Director 14-Feb-2022Current
Jaganmohan Ramachandran Country flag representing Gb Director 14-Feb-2022Current
Annamaili Seturaaman Country flag representing In Director 05-Nov-2015Current
N Govindarajan Country flag representing Ca Director 29-Jul-2020Current
Ramaswamy Selvakumar Country flag representing In Whole-Time Director 07-Aug-2023Current
Duraipandian Kumaravel Country flag representing In Director 01-Apr-2023Current

Financial Performance of K G Denim.

K G Denim Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.94% decrease. The company also saw a substantial fall in profitability, with a 288.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 31.03%.

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
-12.94%
Revenue from Operations
-12.82%
Total Assets
-14.21%
Profit or Loss
-288.37%
Net Worth
-31.03%
EBITDA
-112.71%

What is the Ownership and Shareholding Structure of K G Denim?

In 2022, K G Denim had a promoter holding of 58.73% and a public holding of 41.25%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹369.91 Cr

Satisfied Charges

₹550.57 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 234.62 Cr
  • Others : 112.03 Cr
  • Tata Capital Financial Services Limited : 12.82 Cr
  • Indian Overseas Bank : 10.44 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2024Others₹5.00 CrOpen
23 Aug 2023Others₹15.00 CrOpen
27 Jun 2023Indian Bank₹10.00 CrOpen
29 May 2023Indian Overseas Bank₹10.44 CrOpen
13 Jan 2023Others₹1.19 MOpen

How Many Employees Work at K G Denim?

K G Denim has a workforce of 902 employees as of Apr 01, 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 K G Denim, 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 K G Denim'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 K G Denim

Recent activity within the organization

  • Charges

    A charge registered on 17 Mar 2021 via Charge ID 100434439 with Others was fully satisfied on 10 Apr 2024.

    10 Apr 2024

  • Charges

    A charge registered on 04 Feb 2020 via Charge ID 100323487 with Others was fully satisfied on 02 Apr 2024.

    02 Apr 2024

  • Charges

    A charge registered on 13 Jan 2020 via Charge ID 100318049 with Others was fully satisfied on 02 Apr 2024.

    02 Apr 2024

  • Charges

    A charge registered on 03 May 2019 via Charge ID 100273760 with Others was fully satisfied on 02 Apr 2024.

    02 Apr 2024

  • Charges

    A charge registered on 03 May 2019 via Charge ID 100273763 with Others was fully satisfied on 02 Apr 2024.

    02 Apr 2024

  • Charges

    A charge registered on 20 Feb 2019 via Charge ID 100259384 with Others was fully satisfied on 02 Apr 2024.

    02 Apr 2024

Recent News, Updates & Announcement

Frequently asked questions

  • K G Denim Limited was incorporated on 25 Jun 1992.

  • The authorized share capital of K G Denim Limited is ₹ 41.00 Cr and paid-up capital is ₹ 25.64 Cr.

  • Currently 12 directors are associated with K G Denim Limited.

    • Balakrishnan Srihari
    • Sivagaminathan Manickam
    • Lakshmi Pattabi Raman
    • Jaganmohan Ramachandran
    • Annamaili Ponnusamy Seturaaman
    • N Govindarajan
    • Ramaswamy Selvakumar
    • Duraipandian Kumaravel
    • Balakrishnan Sriramulu
    • Ayyalusamy Velusamy
    • Govindaswamynaidu Balakrishnan
    • Palanivel Rajesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of K G Denim Limited is Then Thirumalai, Coimbatore, Tamil Nadu, India, 641302.

  • The corporate identification number (CIN) of K G Denim Limited is L17115TZ1992PLC003798 and the company number is 003798 as per Ministry of Corporate Affairs (MCA).

  • Yes, K G Denim Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of K G Denim Limited is https://www.kgdenim.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for K G Denim Limited has fallen by -12.94%.

  • As Per 2023 financial reports, 902 employees are currently employed by K G Denim Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of K G Denim Limited has experienced an downturn of -31.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for K G Denim Limited amount to ₹ 369.91 Cr.

  • The most recent Balance Sheet for K G Denim Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Denim & Casual Wear