Kitex Limited

Produces and sells a variety of textile products, including lungis, under a well-known brand.

1975 | Ernakulam, Kerala (India) | Active
Last Updated:

Kitex Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 25.30 Cr
  • Company Age 49 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 200.54 Cr
  • Satisfied Charges ₹ 107.89 Cr
  • Revenue Growth 3.64%
  • Profit Growth -4.17%
  • Ebitda 5.32%
  • Net Worth 15.10%
  • Total Assets 28.48%

About Kitex

Kitex Limited (KL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 November 1975 and has a history of 49 years and five months. Its registered office is in Ernakulam, Kerala, India.

The Corporate was formerly known as Kizhakkambalam Textiles Ltd. The Company is engaged in the Home & Lifestyle 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 30.00 Cr and a paid-up capital of Rs 25.30 Cr.

The company currently has active open charges totaling ₹200.54 Cr. The company has closed loans amounting to ₹107.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kitex Limited India are Dony Dominic as CFO and Nisha George as Company Secretary. Boby Jacob, Karunakarannair Chandrasekharanpillai, Dony Dominic, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140KL1975PLC002744

  • Company No.

    002744

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 1975

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Home & Lifestyle
Manufacturing

What products or services does Kitex Limited offer?

Kitex Limited offers a wide range of products and services, including Bed Linen & Bedspreads, Bed Sheets.

Company report

Kitex Limited

Explore comprehensive data for Kitex Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Kitex?

Executive Team (3)

NameDesignationAppointment DateStatus
Boby Jacob Country flag representing In Managing Director28-Jun-1983Current
Dony Dominic Country flag representing In CFO30-Sep-2015Current
Nisha George Country flag representing In Company Secretary04-Jun-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Dony Dominic Country flag representing In Whole-Time Director and Cfo 05-Aug-2011Current
Karunakarannair Chandrasekharanpillai Country flag representing In Director 29-Jan-2009Current
Leela Thazhassery Country flag representing In Director 13-Jul-2017Current
Sajeev Koshy Country flag representing In Director 29-Sep-2018Current

Financial Performance of Kitex.

Kitex Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 3.64% increase. The company also saw a slight decrease in profitability, with a 4.17% decrease in profit. The company's net worth Soared by an impressive increase of 15.1%.

Kitex revenue growth over time
Kitex 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
3.64%
Revenue from Operations
3.74%
Total Assets
28.48%
Profit or Loss
-4.17%
Net Worth
15.10%
EBITDA
5.32%

What is the Ownership and Shareholding Structure of Kitex?

In 2023, Kitex had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹200.54 Cr

Satisfied Charges

₹107.89 Cr

Charges Breakdown by Lending Institutions

  • Others : 81.26 Cr
  • The South Indian Bank Limited : 45.78 Cr
  • Indian Bank : 28.00 Cr
  • Hdfc Bank Limited : 25.00 Cr
  • Axis Bank Limited : 20.00 Cr
  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 2024Others₹3.50 MOpen
07 May 2024Others₹5.00 MOpen
19 Jul 2023Others₹12.40 CrOpen
21 Jun 2022Others₹1.00 MOpen
27 Dec 2021Others₹10.00 CrOpen

How Many Employees Work at Kitex?

Kitex has a workforce of 1223 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.

Employee growth trends for Kitex Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100940114 was registered on 19 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100916072 was registered on 07 May 2024.

  • Charges

    A charge with Others of Rs. 12.40 Cr registered on 19 Jul 2023 with Charge ID 100757020 was modified on 05 Jan 2024.

  • Charges

    A charge registered on 05 Aug 2008 via Charge ID 10118455 with Indian Bank was fully satisfied on 06 Oct 2023.

  • Annual General Meeting

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

  • Charges

    A charge registered on 25 Jun 2020 via Charge ID 100345097 with Hdfc Bank Limited was fully satisfied on 21 Jul 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Kitex Limited?

    Kitex Limited was incorporated on 22 Nov 1975.

  • What is authorized share capital and paid-up capital of Kitex Limited?

    The authorized share capital of Kitex Limited is ₹ 30.00 Cr and paid-up capital is ₹ 25.30 Cr.

  • Who are the current board members & directors of Kitex Limited?

    Currently 7 directors are associated with Kitex Limited.

    • Boby Meckamkunnel Jacob
    • Karunakarannair Pillai Chandrasekharanpillai
    • Dony Dominic
    • Leela Thazhassery
    • Sajeev Koshy
    • Dony Dominic
    • Nisha Mary George
  • What is the registered address of Kitex Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kitex Limited is P B No 4 Kizhakkambalam India, Aluva, Kerala, 683562.

  • What is the corporate identification number (CIN) and company number of Kitex Limited?

    The corporate identification number (CIN) of Kitex Limited is U74140KL1975PLC002744 and the company number is 002744 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Kitex Limited?

    The Official website of Kitex Limited is https://www.annagroup.net

  • What has been the recent revenue trend for Kitex Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Kitex Limited has risen by 3.64%.

  • How many employees does Kitex Limited currently have?

    As Per 2022 financial reports, 1223 employees are currently employed by Kitex Limited.

  • What change has been observed in the net worth of Kitex Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Kitex Limited has experienced an upsurge of 15.10%.

  • What are the total open charges for Kitex Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Kitex Limited amount to ₹ 200.54 Cr.

  • When was the last Balance Sheet of Kitex Limited filed with the ROC?

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

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