Madura Industrial Textiles Limited

Manufacturer of industrial fabrics for tires, conveyor belts, and rubber goods. Owns 3 units near seaport.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated:

Madura Industrial Textiles Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 14 Year, 7 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 seven 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

Machinery and Equipment

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.

Company report

Madura Industrial Textiles Limited

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

Who are the key members and board of directors at Madura Industrial Textiles?

Executive Team (4)

NameDesignationAppointment DateStatus
Rishi Kalra Country flag representing In Managing Director06-Sep-2010Current
Varun Kalra Country flag representing In Managing Director06-Sep-2010Current
Sanil Kalra CFO07-Mar-2022Current
Joel Chettiar Company Secretary26-May-2017Current

Board Members (11)

NameDesignationAppointment DateStatus
Tarun Kalra Country flag representing In Director 23-Dec-2013Current
Richa Kalra Country flag representing In Director 31-Mar-2011Current
Raghav Kalra Country flag representing In Whole-Time Director 31-Mar-2011Current
Gautam Kalra Country flag representing In Whole-Time Director 06-Sep-2010Current
Bhushan Khanna Country flag representing In Director 16-Mar-2015Current
Sanil Kalra Country flag representing In Whole-Time Director 06-Sep-2010Current

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%.

Madura Industrial Textiles revenue growth over time
Madura Industrial Textiles 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
84.86%
Revenue from Operations
85.10%
Total Assets
37.40%
Profit or Loss
123.99%
Net Worth
51.55%
EBITDA
92.55%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,257.07 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
05 Aug 2024Others₹69.80 CrOpen
15 May 2024Others₹25.00 CrOpen
04 Dec 2023Hdfc Bank Limited₹2.36 MOpen
29 Nov 2023Others₹2.98 MOpen
09 Nov 2023Others₹1.84 CrOpen

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.

Employee growth trends for Madura Industrial Textiles Limited

Deals i

Graph showing company valuation over time

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

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 Madura Industrial Textiles

Recent activity within the organization

  • Charges

    A charge registered on 28 Apr 2021 via Charge ID 100449515 with Others was fully satisfied on 26 Aug 2024.

  • Charges

    A charge registered on 26 Feb 2020 via Charge ID 100325997 with Others was fully satisfied on 26 Aug 2024.

  • Charges

    A charge registered on 17 Jul 2017 via Charge ID 100114668 with Others was fully satisfied on 26 Aug 2024.

  • Charges

    A charge registered on 06 Jul 2017 via Charge ID 100116737 with Others was fully satisfied on 26 Aug 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 331.50 Cr registered on 08 Aug 2018 with Charge ID 100207088 was modified on 21 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 69.80 Cr with Charge ID 100965402 was registered on 05 Aug 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Madura Industrial Textiles Limited?

    Madura Industrial Textiles Limited was incorporated on 06 Sep 2010.

  • What is authorized share capital and paid-up capital of Madura Industrial Textiles Limited?

    The authorized share capital of Madura Industrial Textiles Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Who are the current board members & directors of Madura Industrial Textiles Limited?

    Currently 15 directors are associated with Madura Industrial Textiles Limited.

    • Sanil Radheshyam Kalra
    • Promilla Raman Kalra
    • Rishi Raman Kalra
    • Vipan Ramnath Kalra
    • Gautam Vipan Kalra
    • Varun Anil Kalra
    • Jitesh Sanil Kalra
    • Richa Vipan Kalra
    • Raghav Raman Kalra
    • Tarun Anil Kalra
    • Sahil Sanil Kalra
    • Bhushan Jugalkishore Khanna
    • Vikram Khosla
    • Sanil Radheshyam Kalra
    • Joel Arulraj Chettiar

  • What is the registered address of Madura Industrial Textiles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Madura Industrial Textiles Limited is 1 Janki Centre Off Veera Desai Road, Andheri West India, Mumbai, Maharashtra, 400053.

  • What is the corporate identification number (CIN) and company number of Madura Industrial Textiles Limited?

    The corporate identification number (CIN) of Madura Industrial Textiles Limited is U17120MH2010PLC207473 and the company number is 207473 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Madura Industrial Textiles Limited?

    The Official website of Madura Industrial Textiles Limited is https://www.maduratex.com

  • What has been the recent revenue trend for Madura Industrial Textiles Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Madura Industrial Textiles Limited has risen by 84.86%.

  • How many employees does Madura Industrial Textiles Limited currently have?

    As Per 2022 financial reports, 206 employees are currently employed by Madura Industrial Textiles Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Madura Industrial Textiles Limited has experienced an upsurge of 51.55%.

  • What are the total open charges for Madura Industrial Textiles Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Madura Industrial Textiles Limited amount to ₹ 2,257.07 Cr.

  • When was the last Balance Sheet of Madura Industrial Textiles Limited filed with the ROC?

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

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