Maharashtra State Powerlooms Corporation Limited logo

Maharashtra State Powerlooms Corporation Limited

Government-owned company supports power-loom industry by providing equipment, materials, marketing assistance, and financing.
1972 | Thane, Maharashtra (India) | Active

Last Updated:

October 24, 2024
HomeCompanyMaharashtra State Powerlooms Corporation Limited

Who are the key members and board of directors at Maharashtra State Powerlooms Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Sharad Aphale InCompany Secretary01-Apr-2023Current
Shrikrishna Pawar InManaging Director01-Jun-2023Current

Board Members(2)

NameDesignationAppointment DateStatus
Gauri Mhaske In Director 05-Oct-2017Current
Avishyant Panda In Director 15-May-2024Current

Financial Performance and Corporate Structure Insights of Maharashtra State Powerlooms Corporation.

Maharashtra State Powerlooms Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.44% increase. The company also saw a substantial fall in profitability, with a 70.39% decrease in profit. The company's net worth Soared by an impressive increase of 119.78%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
62.44%
Revenue from Operations
65.44%
Total Assets
34.24%
Profit or Loss
-70.39%
Net Worth
119.78%
EBITDA
54.20%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹3.26 Cr

LenderAmountStatus

Syndicate Bank

Creation Date: 23 Jul 2015
₹3.26 CrOpen

How Many Employees Work at Maharashtra State Powerlooms Corporation?

Unlock and access historical data on people associated with Maharashtra State Powerlooms Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Latest Updates, News, and FAQs on Maharashtra State Powerlooms Corporation

Recent activity within the organization

  • Annual General Meeting

    Maharashtra State Powerlooms Corporation Limited last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.

    22 Aug 2024

  • Director Appointment

    Avishyant Panda was appointed as a Director was appointed as a Director on 15 May 2024 & has been associated with this company since 7 months 6 days .

    15 May 2024

  • Balance Sheet

    Maharashtra State Powerlooms Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Shrikrishna Baburao Pawar was appointed as a Managing Director was appointed as a Managing Director on 01 Jun 2023 & has been associated with this company since 1 year 6 months .

    01 Jun 2023

  • Director Appointment

    Sharad D Aphale was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2023 & has been associated with this company since 1 year 8 months .

    01 Apr 2023

  • Director Appointment

    Gauri Rahul Mhaske was appointed as a Director was appointed as a Director on 05 Oct 2017 & has been associated with this company since 7 years 2 months .

    05 Oct 2017

Frequently asked questions

  • Maharashtra State Powerlooms Corporation Limited was incorporated on 01 Feb 1972.

  • The authorized share capital of Maharashtra State Powerlooms Corporation Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.91 Cr.

  • Currently 4 directors are associated with Maharashtra State Powerlooms Corporation Limited.

    • Gauri Rahul Mhaske
    • Avishyant Panda
    • Sharad D Aphale
    • Shrikrishna Baburao Pawar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra State Powerlooms Corporation Limited is Handloom Haveli 1St Floor Saiprasad Shopping Complex Sector Plot No 17, Near Sarsole Bus Depot India, Thane, Maharashtra, 400706.

  • The corporate identification number (CIN) of Maharashtra State Powerlooms Corporation Limited is U51504MH1972SGC015583 and the company number is 015583 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maharashtra State Powerlooms Corporation Limited is https://www.mspc.org.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maharashtra State Powerlooms Corporation Limited has risen by 62.44%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maharashtra State Powerlooms Corporation Limited has experienced an upsurge of 119.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maharashtra State Powerlooms Corporation Limited amount to ₹ 3.26 Cr.

  • The most recent Balance Sheet for Maharashtra State Powerlooms Corporation Limited was filed with the ROC on 31 Mar 2024.

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