Mafatlal Industries Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 14.37 Cr
- Company Age 112 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 371.74 Cr
- Satisfied Charges ₹ 536.48 Cr
- Revenue Growth 34.63%
- Profit Growth 27.96%
- Ebitda 133.94%
- Net Worth -10.40%
- Total Assets -3.78%
About Mafatlal Industries
Mafatlal Industries Limited (MIL) was founded in India on 20 January 1913 and has a glorious history of 112 years and one month. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500264.
The Corporate was formerly known as The New Shorrock Spinning & Manufacturing Company 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 100.00 Cr and a paid-up capital of Rs 14.37 Cr.
The company currently has active open charges totaling ₹371.74 Cr. The company has closed loans amounting to ₹536.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mafatlal Industries Limited India are Raghunath Nair as Ceo, Milan Shah as Cfo, and Amishkumar Shah as Company Secretary. Gautam Chakravarti, Hrishikesh Mafatlal, Vilas Gupte, and Seven other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L17110GJ1913PLC000035
- Company No.
000035
- Stock Symbol
BSE : 500264
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Jan 1913
- Date of AGM
03 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Mafatlal Industries Limited offer?
Mafatlal Industries Limited offers a wide range of products and services, including Medical & Surgical Clothing, Hospital Linen, Diaper Pants, Pull Up Diaper, OT Linen, Surgical Gown, Apparel & Clothing Fabric, Trouser Fabric, Cotton Pad, Patient Gowns.
Who are the key members and board of directors at Mafatlal Industries?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priyavrata Mafatlal  | Managing Director | 01-Nov-2016 | Current |
| Raghunath Nair | CEO | 01-Apr-2022 | Current |
| Milan Shah | CFO | 17-Sep-2015 | Current |
| Amishkumar Shah | Company Secretary | 01-Apr-2022 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gautam Chakravarti | Director | 30-May-2015 | Current |
| Hrishikesh Mafatlal | Director | 03-May-1979 | Current |
| Vilas Gupte | Director | 30-May-2013 | Current |
| Atul Srivastava | Director | 10-Oct-2012 | Current |
| Sujal Anil | Director | 30-May-2015 | Current |
| Pradip Kapadia | Director | 30-May-2013 | Current |
Financial Performance of Mafatlal Industries.
Mafatlal Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.63% increase. The company also saw a substantial improvement in profitability, with a 27.96% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.4%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Mafatlal Industries?
In 2023, Mafatlal Industries had a promoter holding of 70.86% and a public holding of 29.14%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Gokak Textiles LimitedPradip Kapadia is a mutual person
Navin Fluorine International LimitedAtul Srivastava, Sujal Anil and 1 more are mutual person
Atul Finserv LimitedGautam Chakravarti is a mutual person
- Atul Limited
Sujal Anil is a mutual person
Charges (Loans)
₹371.74 Cr
₹536.48 Cr
Charges Breakdown by Lending Institutions
- Others : 371.74 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 2024 | Others | ₹7.25 Cr | Open |
| 20 Mar 2024 | Others | ₹20.00 Cr | Open |
| 30 Nov 2022 | Others | ₹22.00 Cr | Open |
| 29 Sep 2022 | Others | ₹5.00 M | Open |
| 23 Sep 2022 | Others | ₹4.50 M | Open |
How Many Employees Work at Mafatlal Industries?
Mafatlal Industries has a workforce of 1354 employees as of Apr 04, 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 Mafatlal Industries, 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 Mafatlal Industries'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.
