Mulberry Silks Limited

Specializes in weaving and manufacturing silk and silk blend fabrics since 1982.

1982 | Bangaluru, Karnataka (India) | Active
Last Updated: November 27, 2024

Mulberry Silks Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 28.51 Cr
  • Company Age 42 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 74.40 Cr
  • Satisfied Charges ₹ 194.55 Cr
  • Revenue Growth -2.06%
  • Profit Growth -9.67%
  • Ebitda -27.55%
  • Net Worth 7.61%
  • Total Assets 39.93%

About Mulberry Silks

Mulberry Silks Limited (MSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 October 1982 and has a history of 42 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Mulberry Silks Private 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 30.00 Cr and a paid-up capital of Rs 28.51 Cr.

The company currently has active open charges totaling ₹74.40 Cr. The company has closed loans amounting to ₹194.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mulberry Silks Limited India is Kamal Baid as CFO. Trilok Bothra, Bimla Bothra, Sid Bothra, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mulberrysilksltd.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1982PLC005007

  • Company No.

    005007

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 1982

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Mulberry Silks Limited offer?

Mulberry Silks Limited offers a wide range of products and services, including Polyester Textile, Polyester Jacquard Fabric, Other Textile Fabrics, Plain Fabric, Home Decor & Furnishing Fabrics, Sheer Fabric, Quilts, Printed Fabrics, Stripe Fabric, Plain Weave.

Who are the key members and board of directors at Mulberry Silks?

Executive Team (2)

NameDesignationAppointment DateStatus
Kamal Baid CFO20-Sep-2021Current
Manish Bothra Country flag representing In Managing Director01-Apr-2010Current

Board Members (6)

NameDesignationAppointment DateStatus
Rishab Jain Country flag representing In Director 15-Apr-2021Current
Trilok Bothra Country flag representing In Whole-Time Director 21-Oct-1982Current
Bimla Bothra Country flag representing In Director 20-Jan-2021Current
Sid Bothra Country flag representing In Whole-Time Director 20-Mar-2024Current
Shreyans Anchalia Country flag representing In Director 15-Apr-2021Current
Sudhir Bothra Country flag representing In Whole-Time Director 01-Apr-2010Current

Financial Performance of Mulberry Silks.

Mulberry Silks Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.06% decrease. The company also saw a slight decrease in profitability, with a 9.67% decrease in profit. The company's net worth moved up by a moderate rise of 7.61%.

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
-2.06%
Revenue from Operations
-2.82%
Total Assets
39.93%
Profit or Loss
-9.67%
Net Worth
7.61%
EBITDA
-27.55%

What is the Ownership and Shareholding Structure of Mulberry Silks?

In 2023, Mulberry Silks had a promoter holding of 100.00%. 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

₹74.40 Cr

Satisfied Charges

₹194.55 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 51.30 Cr
  • Others : 23.10 Cr

Latest Charge Details

DateLenderAmountStatus
13 Oct 2023Axis Bank Limited₹1.30 CrOpen
16 Aug 2022Axis Bank Limited₹50.00 CrOpen
19 Sep 2018Others₹23.10 CrOpen
26 Jul 2016Others₹2.80 CrSatisfied
15 Dec 2012State Bank Of Mysore₹5.00 CrSatisfied

How Many Employees Work at Mulberry Silks?

Mulberry Silks has a workforce of 188 employees as of Nov 27, 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 Mulberry Silks, 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 Mulberry Silks'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 Mulberry Silks

Recent activity within the organization

  • Director Appointment

    Sid Bothra was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 Mar 2024 & has been associated with this company since 11 months 2 days .

    20 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.30 Cr with Charge ID 100804734 was registered on 13 Oct 2023.

    13 Oct 2023

  • Annual General Meeting

    Mulberry Silks Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Balance Sheet

    Mulberry Silks Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 23.10 Cr registered on 19 Sep 2018 with Charge ID 100241795 was modified on 07 Mar 2023.

    07 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 50.00 Cr registered on 16 Aug 2022 with Charge ID 100602506 was modified on 01 Sep 2022.

    01 Sep 2022

Frequently asked questions

  • Mulberry Silks Limited was incorporated on 21 Oct 1982.

  • The authorized share capital of Mulberry Silks Limited is ₹ 30.00 Cr and paid-up capital is ₹ 28.51 Cr.

  • Currently 8 directors are associated with Mulberry Silks Limited.

    • Trilok Kumar Bothra
    • Bimla Devi Bothra
    • Sid Bothra
    • Kamal Kumar Baid
    • Shreyans Anchalia
    • Rishab Jain
    • Sudhir Kumar Bothra
    • Manish Kumar Bothra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mulberry Silks Limited is 2, 'O' Saughensy Roadlangford Gardens India, Bangalore, Karnataka, 560025.

  • The corporate identification number (CIN) of Mulberry Silks Limited is U85110KA1982PLC005007 and the company number is 005007 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mulberry Silks Limited is https://www.mulberrysilksltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mulberry Silks Limited has fallen by -2.06%.

  • As Per 2023 financial reports, 188 employees are currently employed by Mulberry Silks Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mulberry Silks Limited has experienced an upsurge of 7.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mulberry Silks Limited amount to ₹ 74.40 Cr.

  • The most recent Balance Sheet for Mulberry Silks Limited was filed with the ROC on 31 Mar 2023.

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