Mafatlal Industries Limited

Textile company producing fabrics, denim, and ready-made garments for various brands, with retail outlets.

1913 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Mafatlal Industries Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 14.38 Cr
  • Company Age 112 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 408.99 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 two months. 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 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 14.38 Cr.

The company currently has active open charges totaling ₹408.99 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, Amishkumar Shah as Company Secretary, and Milan Shah as Cfo. 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

    02 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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.

Company report

Mafatlal Industries Limited

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

Who are the key members and board of directors at Mafatlal Industries?

Executive Team (4)

NameDesignationAppointment DateStatus
Priyavrata Mafatlal Country flag representing In Managing Director01-Nov-2016Current
Raghunath Nair CEO01-Apr-2022Current
Amishkumar Shah Country flag representing In Company Secretary01-Apr-2022Current
Milan Shah Country flag representing In CFO17-Sep-2015Current

Board Members (9)

NameDesignationAppointment DateStatus
Gautam Chakravarti Country flag representing In Director 30-May-2015Current
Hrishikesh Mafatlal Country flag representing In Director 03-May-1979Current
Vilas Gupte Country flag representing In Director 30-May-2013Current
Atul Srivastava Country flag representing In Director 10-Oct-2012Current
Sujal Anil Country flag representing In Director 30-May-2015Current
Pradip Kapadia Country flag representing In Director 30-May-2013Current

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%.

Mafatlal Industries revenue growth over time
Mafatlal Industries 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
34.63%
Revenue from Operations
38.84%
Total Assets
-3.78%
Profit or Loss
27.96%
Net Worth
-10.40%
EBITDA
133.94%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹408.99 Cr

Satisfied Charges

₹536.48 Cr

Charges Breakdown by Lending Institutions

  • Others : 408.99 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jan 2025Others₹30.00 CrOpen
17 May 2024Others₹7.25 CrOpen
20 Mar 2024Others₹20.00 CrOpen
30 Nov 2022Others₹22.00 CrOpen
29 Sep 2022Others₹5.00 MOpen

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.

Employee growth trends for Mafatlal Industries Limited

Deals i

Graph showing company valuation over time

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

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 Mafatlal Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101043629 was registered on 09 Jan 2025.

  • Annual General Meeting

    Mafatlal Industries Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 54.25 Cr registered on 01 Nov 2014 with Charge ID 10530755 was modified on 30 Jul 2024.

  • Director Appointment

    Abhay Rohit Jadeja was appointed as a Additional Director was appointed as a Additional Director on 19 Jun 2024 & has been associated with this company since 9 months 25 days .

  • Director Appointment

    Ashutosh Bishnoi was appointed as a Additional Director was appointed as a Additional Director on 19 Jun 2024 & has been associated with this company since 9 months 25 days .

  • Charges

    A charge with Others amounted to Rs. 7.25 Cr with Charge ID 100928479 was registered on 17 May 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mafatlal Industries Limited?

    Mafatlal Industries Limited was incorporated on 20 Jan 1913.

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

    The authorized share capital of Mafatlal Industries Limited is ₹ 100.00 Cr and paid-up capital is ₹ 14.38 Cr.

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

    Currently 13 directors are associated with Mafatlal Industries Limited.

    • Gautam Gangaprasad Chakravarti
    • Hrishikesh Arvind Mafatlal
    • Vilas Raghunath Gupte
    • Atul Kumar Srivastava
    • Sujal Shah Anil
    • Pradip Narotam Kapadia
    • Priyavrata Hrishikesh Mafatlal
    • Abhay Rohit Jadeja
    • Raghunath Mannil Balakrishnan Nair
    • Amishkumar Piyushchandra Shah
    • Milan P Shah
    • Latika Prakash Pradhan
    • Ashutosh Bishnoi
  • What is the registered address of Mafatlal Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mafatlal Industries Limited is 301-302 Heritage Horizon Third Floor Off. C. G. Road Navrangpura, India, Ahmedabad, Gujarat, 380009.

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

    The corporate identification number (CIN) of Mafatlal Industries Limited is L17110GJ1913PLC000035 and the company number is 000035 as per Ministry of Corporate Affairs (MCA).

  • Is Mafatlal Industries Limited registered with any stock exchange in India?

    Yes, Mafatlal Industries Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Mafatlal Industries Limited?

    The Official website of Mafatlal Industries Limited is https://www.mafatlals.com

  • What has been the recent revenue trend for Mafatlal Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mafatlal Industries Limited has risen by 34.63%.

  • How many employees does Mafatlal Industries Limited currently have?

    As Per 2023 financial reports, 1354 employees are currently employed by Mafatlal Industries Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Mafatlal Industries Limited has experienced an downturn of -10.40%.

  • What are the total open charges for Mafatlal Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mafatlal Industries Limited amount to ₹ 408.99 Cr.

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

    The most recent Balance Sheet for Mafatlal Industries Limited was filed with the ROC on 31 Mar 2024.

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