Madura Industrial Textiles Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 14 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,257.07 Cr
- Satisfied Charges ₹ 458.59 Cr
- Revenue Growth 84.86%
- Profit Growth 123.99%
- Ebitda 92.55%
- Net Worth 51.55%
- Total Assets 37.40%
About Madura Industrial Textiles
Madura Industrial Textiles Limited (MITL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 September 2010 and has a history of 14 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 currently has active open charges totaling ₹2,257.07 Cr. The company has closed loans amounting to ₹458.59 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Madura Industrial Textiles Limited India are Sanil Kalra as CFO and Joel Chettiar as Company Secretary. Sanil Kalra, Promilla Kalra, Rishi Kalra, and Ten 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
U17120MH2010PLC207473
- Company No.
207473
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Sep 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Madura Industrial Textiles Limited offer?
Madura Industrial Textiles Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, Industrial Fabric, Tyre Cord Fabric.
Who are the key members and board of directors at Madura Industrial Textiles?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rishi Kalra  | Managing Director | 06-Sep-2010 | Current |
| Varun Kalra | Managing Director | 06-Sep-2010 | Current |
| Sanil Kalra | CFO | 07-Mar-2022 | Current |
| Joel Chettiar | Company Secretary | 26-May-2017 | Current |
Board Members (11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tarun Kalra | Director | 23-Dec-2013 | Current |
| Richa Kalra | Director | 31-Mar-2011 | Current |
| Raghav Kalra | Whole-Time Director | 31-Mar-2011 | Current |
| Gautam Kalra | Whole-Time Director | 06-Sep-2010 | Current |
| Bhushan Khanna | Director | 16-Mar-2015 | Current |
| Sanil Kalra | Whole-Time Director | 06-Sep-2010 | Current |
Financial Performance of Madura Industrial Textiles.
Madura Industrial Textiles Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 84.86% increase. The company also saw a substantial improvement in profitability, with a 123.99% increase in profit. The company's net worth Soared by an impressive increase of 51.55%.
- 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 Madura Industrial Textiles?
In 2022, Madura Industrial Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ravasco Transmission And Packing Private LimitedSanil Kalra, Promilla Kalra and 4 more are mutual person
Hindustan Rubbers Industries Private LimitedSanil Kalra, Rishi Kalra and 1 more are mutual person
Ravasco Swastik Industries LlpJitesh Kalra, Raghav Kalra and 1 more are mutual person
Alphaware Advisory Services Private LimitedJitesh Kalra is a mutual person
Madura Technical Fabrics LimitedSanil Kalra, Rishi Kalra and 6 more are mutual person
- Madura Technical Polyesters Limited
Sanil Kalra, Rishi Kalra and 5 more are mutual person
Charges (Loans)
₹2,257.07 Cr
₹458.59 Cr
Charges Breakdown by Lending Institutions
- Others : 1343.06 Cr
- Hdfc Bank Limited : 542.73 Cr
- Axis Bank Limited : 200.00 Cr
- The Saraswat Cooperative Bank Ltd : 119.82 Cr
- The Shamrao Vithal Co-Operative Bank Ltd : 46.00 Cr
- Others : 5.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2024 | Others | ₹69.80 Cr | Open |
| 15 May 2024 | Others | ₹25.00 Cr | Open |
| 04 Dec 2023 | Hdfc Bank Limited | ₹2.36 M | Open |
| 29 Nov 2023 | Others | ₹2.98 M | Open |
| 09 Nov 2023 | Others | ₹1.84 Cr | Open |
How Many Employees Work at Madura Industrial Textiles?
Madura Industrial Textiles has a workforce of 206 employees as of Apr 06, 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 Madura Industrial 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 Madura Industrial 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.
