Multiway Textiles Private Limited

Textile garment manufacturing on job-work basis since 1994 in Coimbatore.

1994 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Multiway Textiles Profile

Key Indicators

  • Authorised Capital ₹ 0.40 M
  • Paid Up Capital ₹ 0.40 M
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.00 M
  • Revenue Growth -16.98%
  • Profit Growth -18.04%
  • Ebitda -22.35%
  • Net Worth 1.27%
  • Total Assets 1.98%

About Multiway Textiles

Multiway Textiles Private Limited (MTPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 October 1994 and has a history of 30 years and three months. Its registered office is in Coimbatore, Tamil Nadu, India.

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 0.40 M and a paid-up capital of Rs 0.40 M.

The company has closed loans amounting to ₹1.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Raja Shanmugham, Ramaswamy Muthuswamy, Ganesar Subramaniam, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1994PTC005416

  • Company No.

    005416

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Multiway Textiles?

Board Members (4)

NameDesignationAppointment DateStatus
Raja Shanmugham Country flag representing In Director 07-Oct-1994Current
Ramaswamy Muthuswamy Country flag representing In Director 07-Oct-1994Current
Ganesar Subramaniam Country flag representing In Director 07-Oct-1994Current
Duraimurugan Susiladevi Country flag representing In Director 07-Oct-1994Current

Financial Performance of Multiway Textiles.

Multiway Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.98% decrease. The company also saw a substantial fall in profitability, with a 18.04% decrease in profit. The company's net worth moved up by a moderate rise of 1.27%.

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
-16.98%
Revenue from Operations
-16.98%
Total Assets
1.98%
Profit or Loss
-18.04%
Net Worth
1.27%
EBITDA
-22.35%

What is the Ownership and Shareholding Structure of Multiway Textiles?

In 2023, Multiway Textiles had a promoter holding of 100.00%. 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

₹1.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 1995Canara Bank₹1.00 MSatisfied

How Many Employees Work at Multiway Textiles?

Multiway Textiles has a workforce of 5 employees as of Apr 05, 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 Multiway Textiles, 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 Multiway Textiles'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 Multiway Textiles

Recent activity within the organization

  • Annual General Meeting

    Multiway Textiles Private Limited 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 29 Jun 1995 via Charge ID 90000520 with Canara Bank was fully satisfied on 27 Jul 2023.

    27 Jul 2023

  • Balance Sheet

    Multiway Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 1.00 M with Charge ID 90000520 was registered on 29 Jun 1995.

    29 Jun 1995

  • Director Appointment

    Ramaswamy Muthuswamy was appointed as a Director was appointed as a Director on 07 Oct 1994 & has been associated with this company since 30 years 3 months .

    07 Oct 1994

  • Director Appointment

    Ganesar Subramaniam was appointed as a Director was appointed as a Director on 07 Oct 1994 & has been associated with this company since 30 years 3 months .

    07 Oct 1994

Frequently asked questions

  • Multiway Textiles Private Limited was incorporated on 07 Oct 1994.

  • The authorized share capital of Multiway Textiles Private Limited is ₹ 0.40 M and paid-up capital is ₹ 0.40 M.

  • Currently 4 directors are associated with Multiway Textiles Private Limited.

    • Raja Muthuswamy Shanmugham
    • Ramaswamy Muthuswamy
    • Ganesar Subramaniam
    • Duraimurugan Susiladevi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Multiway Textiles Private Limited is 33 B Vaikkal Thottam Sheriff Colony, Tirupur India, Coimbatore District, Tamil Nadu, 641604.

  • The corporate identification number (CIN) of Multiway Textiles Private Limited is U17111TZ1994PTC005416 and the company number is 005416 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Multiway Textiles Private Limited has fallen by -16.98%.

  • As Per 2023 financial reports, 5 employees are currently employed by Multiway Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Multiway Textiles Private Limited has experienced an upsurge of 1.27%.

  • The most recent Balance Sheet for Multiway Textiles Private Limited was filed with the ROC on 31 Mar 2023.