Malwa Industries Ltd

Manufacturer of fabric, garment, and denim jeans with global export reach.

1993 | Ludhiana, Punjab (India) | Active
Last Updated: October 24, 2024

Malwa Industries Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 96.93 Cr
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 791.84 Cr
  • Revenue Growth 291.33%
  • Profit Growth 2652.68%
  • Ebitda -114.98%
  • Net Worth 80.89%
  • Total Assets -1.55%

About Malwa Industries

Malwa Industries Ltd (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 March 1993 and has a history of 31 years and ten months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Fashion And Textile 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 96.93 Cr.

The company has closed loans amounting to ₹791.84 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Malwa Industries Ltd India is Prithi Chand as CFO. Rishi Oswal, Surinder Kumar, and Manish Mahajan serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17219PB1993PLC013187

  • Company No.

    013187

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Fashion and Textile
Manufacturing

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

Executive Team (2)

NameDesignationAppointment DateStatus
Rishi Oswal Country flag representing In Managing Director30-Nov-1996Current
Prithi Chand CFO01-Apr-2023Current

Board Members (2)

NameDesignationAppointment DateStatus
Surinder Kumar Country flag representing In Director 14-Nov-2022Current
Manish Mahajan Country flag representing In Additional Director 08-Aug-2024Current

Financial Performance of Malwa Industries.

Malwa Industries Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 291.33% increase. The company also saw a substantial improvement in profitability, with a 2652.68% increase in profit. The company's net worth Soared by an impressive increase of 80.89%.

Graph illustrating revenue growth over time
Graph showing 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
291.33%
Revenue from Operations
-83.97%
Total Assets
-1.55%
Profit or Loss
2652.68%
Net Worth
80.89%
EBITDA
-114.98%

What is the Ownership and Shareholding Structure of Malwa Industries?

In 2023, Malwa Industries had a promoter holding of 88.75% and a public holding of 11.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹791.84 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 290.85 Cr
  • Canara Bank : 201.23 Cr
  • Canara Bank-Sbi-Sbop-Idbi Bank Ltd & Standard Chartered Bank. : 118.89 Cr
  • State Bank Of Patiala : 55.65 Cr
  • Idbi Bank Limited : 44.08 Cr
  • Others : 81.14 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2019Others₹20.00 CrSatisfied
29 Aug 2013Others₹7.60 MSatisfied
21 Jul 2012State Bank Of Patiala₹7.50 MSatisfied
21 Jul 2012Idbi Bank Limited₹7.50 MSatisfied
21 Jul 2012Idbi Bank Limited₹2.87 CrSatisfied

How Many Employees Work at Malwa Industries?

Malwa Industries has a workforce of 60 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Malwa 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 Malwa 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 Malwa Industries

Recent activity within the organization

  • Director Appointment

    Manish Mahajan was appointed as a Additional Director was appointed as a Additional Director on 08 Aug 2024 & has been associated with this company since 5 months 24 days .

    08 Aug 2024

  • Charges

    A charge registered on 17 Mar 1998 via Charge ID 90173549 with Ifci Limited was fully satisfied on 16 Apr 2024.

    16 Apr 2024

  • Charges

    A charge registered on 17 Nov 1997 via Charge ID 90173496 with Canara Bank-Sbi-Sbop-Idbi Bank Ltd & Standard Chartered Bank. was fully satisfied on 28 Mar 2024.

    28 Mar 2024

  • Annual General Meeting

    Malwa Industries Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 21 Jul 2012 via Charge ID 10376019 with Idbi Bank Limited was fully satisfied on 13 Sep 2023.

    13 Sep 2023

  • Charges

    A charge registered on 21 Jul 2012 via Charge ID 10376021 with Idbi Bank Limited was fully satisfied on 13 Sep 2023.

    13 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Malwa Industries Ltd was incorporated on 30 Mar 1993.

  • The authorized share capital of Malwa Industries Ltd is ₹ 100.00 Cr and paid-up capital is ₹ 96.93 Cr.

  • Currently 4 directors are associated with Malwa Industries Ltd.

    • Rishi Oswal
    • Surinder Vig Kumar
    • Manish Mahajan
    • Prithi Chand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Malwa Industries Ltd is 88, Industrial Area-A Oswal Road India, Ludhiana, Punjab, 141003.

  • The corporate identification number (CIN) of Malwa Industries Ltd is U17219PB1993PLC013187 and the company number is 013187 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Malwa Industries Ltd is https://www.malwagroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Malwa Industries Ltd has risen by 291.33%.

  • As Per 2023 financial reports, 60 employees are currently employed by Malwa Industries Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Malwa Industries Ltd has experienced an upsurge of 80.89%.

  • The most recent Balance Sheet for Malwa Industries Ltd was filed with the ROC on 31 Mar 2023.

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