Modern Terry Towels Limited logo

Modern Terry Towels Limited

Manufacturer and supplier of terry towels and fabrics, including bathroom, beach, kitchen, and sports towels.
1976 | Jaipur, Rajasthan (India) | Merged

Last Updated:

May 01, 2024
HomeCompanyModern Terry Towels Limited

Who are the key members and board of directors at Modern Terry Towels?

Executive Team (2)

NameDesignationAppointment DateStatus
Krishna TelaCompany Secretary01-Oct-2008Current
Vishnu Mangal InCFO01-Jul-2014Current

Board Members(6)

NameDesignationAppointment DateStatus
Meenu Sacheti In Director 31-Mar-2015Current
Sanjay Baijal In Whole-Time Director 01-Jul-2013Current
Sureshkumar Sharma In Director 31-Mar-2008Current
Prabhakar Rao In Director 31-Mar-2000Current
Sachin Ranka In Director 25-Sep-1992Current
Hiralal Sharma In Director 24-Mar-2001Current

Financial Performance and Corporate Structure Insights of Modern Terry Towels.

Modern Terry Towels Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 90.12% increase. The company also saw a substantial fall in profitability, with a 132.97% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.29%.

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  • 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
90.12%
Revenue from Operations
94.15%
Total Assets
25.98%
Profit or Loss
-132.97%
Net Worth
-27.29%
EBITDA
131.00%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹110.55 Cr

LenderAmountStatus

Bank Of India

Creation Date: 26 Feb 1998
₹4.75 CrSatisfied

Punjab & Sind Bank

Creation Date: 26 Aug 1995
₹2.50 CrSatisfied

Indian Overseas Bank

Creation Date: 12 May 1995
₹10.00 CrSatisfied

How Many Employees Work at Modern Terry Towels?

Modern Terry Towels has a workforce of 84 employees as of Apr 02, 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.

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Latest Updates, News, and FAQs on Modern Terry Towels

Recent activity within the organization

  • Annual General Meeting

    Modern Terry Towels Limited last Annual general meeting of members was held on 22 Sep 2016 as per latest MCA records.

    22 Sep 2016

  • Balance Sheet

    Modern Terry Towels Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Jaipur.

    31 Mar 2016

  • Director Appointment

    Meenu Alok Sacheti was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 8 months .

    31 Mar 2015

  • Charges

    A charge registered on 26 Aug 1995 via Charge ID 80062567 with Punjab & Sind Bank was fully satisfied on 05 Sep 2012.

    05 Sep 2012

  • Charges

    A charge registered on 04 May 1995 via Charge ID 80024932 with Punjab & Sind Bank was fully satisfied on 05 Sep 2012.

    05 Sep 2012

  • Charges

    A charge registered on 04 May 1995 via Charge ID 80024933 with Punjab & Sind Bank was fully satisfied on 05 Sep 2012.

    05 Sep 2012

Frequently asked questions

  • Modern Terry Towels Limited was incorporated on 13 Aug 1976.

  • The authorized share capital of Modern Terry Towels Limited is ₹ 65.00 Cr and paid-up capital is ₹ 38.10 Cr.

  • Currently 8 directors are associated with Modern Terry Towels Limited.

    • Meenu Alok Sacheti
    • Krishna Tela
    • Vishnu Kant Mangal
    • Sanjay Baijal
    • Sureshkumar Mohanlal Sharma
    • Prabhakar Krishna Rao
    • Sachin Ranka
    • Hiralal Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Terry Towels Limited is A-4 Vijay Path, Tilak Nagar, Jaipur, Rajasthan, India, 302004.

  • The corporate identification number (CIN) of Modern Terry Towels Limited is L17124RJ1976PLC001869 and the company number is 001869 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modern Terry Towels Limited is https://www.modernterrytowels.com

  • According to the financial reports for the fiscal year 2015, the revenue trend for Modern Terry Towels Limited has risen by 90.12%.

  • As Per 2015 financial reports, 84 employees are currently employed by Modern Terry Towels Limited.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Modern Terry Towels Limited has experienced an downturn of -27.29%.

  • The most recent Balance Sheet for Modern Terry Towels Limited was filed with the ROC on 31 Mar 2016.

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