Nahar Spinning Mills Ltd

Manufacturer and exporter of woolen/cotton knitwear and textiles with multiple production units and power plants.

1980 | Ludhiana, Punjab (India) | Active
Last Updated:

Nahar Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 18.05 Cr
  • Company Age 44 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,728.00 Cr
  • Satisfied Charges ₹ 2,072.00 Cr
  • Revenue Growth -21.26%
  • Profit Growth -77.94%
  • Ebitda -74.07%
  • Net Worth -2.92%
  • Total Assets -14.80%

About Nahar Spinning Mills

Nahar Spinning Mills Ltd (NSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 December 1980 and has a history of 44 years and three months. Its registered office is in Ludhiana, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500296 and on the National Stock Exchange(NSE) under NAHARSPING.

The Corporate was formerly known as Nahar Spinning Mills Pvt Ltd. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 18.05 Cr.

The company currently has active open charges totaling ₹1,728.00 Cr. The company has closed loans amounting to ₹2,072.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nahar Spinning Mills Ltd India are Sh Garg as CFO and Sh Sharma as Company Secretary. Anchal Jain, Vijay Asdhir, Roshan Behl, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17115PB1980PLC004341

  • Company No.

    004341

  • Stock Symbol

    BSE : 500296 NSE : NAHARSPING

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 1980

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Environment
Manufacturing

What products or services does Nahar Spinning Mills Ltd offer?

Nahar Spinning Mills Ltd offers a wide range of products and services, including Material Testing Labs & Services, Testing Services, Apparel & Textile Machinery, Dyeing Machinery, Sewing,Knitting & Embroidery Machine, Embroidery Machine, Yarns & Threads, Cotton Yarn.

Who are the key members and board of directors at Nahar Spinning Mills?

Executive Team (3)

NameDesignationAppointment DateStatus
Dinesh Oswal Country flag representing In Managing Director21-May-1985Current
Sh Garg Country flag representing In CFO29-May-2014Current
Sh Sharma Country flag representing In Company Secretary01-Nov-1993Current

Board Members (9)

NameDesignationAppointment DateStatus
Yash Sachdeva Country flag representing In Director 24-Aug-2022Current
Vijay Asdhir Country flag representing In Director 26-Sep-2017Current
Anchal Jain Country flag representing In Director 24-Aug-2022Current
Roshan Behl Country flag representing In Director 29-Sep-2020Current
Jawahar Oswal Country flag representing In Director 30-Sep-1992Current
Satish Sharma Country flag representing In Director 15-Jan-2007Current

Financial Performance of Nahar Spinning Mills.

Nahar Spinning Mills Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.26% decrease. The company also saw a substantial fall in profitability, with a 77.94% decrease in profit. The company's net worth dipped by a decrease of 2.92%.

Nahar Spinning Mills revenue growth over time
Nahar Spinning Mills 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
-21.26%
Revenue from Operations
-22.18%
Total Assets
-14.80%
Profit or Loss
-77.94%
Net Worth
-2.92%
EBITDA
-74.07%

What is the Ownership and Shareholding Structure of Nahar Spinning Mills?

In 2022, Nahar Spinning Mills had a promoter holding of 66.31% and a public holding of 33.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,728.00 Cr

Satisfied Charges

₹2,072.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 1728.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Dec 2021Others₹275.00 CrOpen
11 Feb 2019Others₹66.00 CrOpen
25 Jun 2012Others₹125.00 CrOpen
28 Jul 2000Others₹1,262.00 CrOpen
08 Jul 2020State Bank Of India₹25.00 CrSatisfied

How Many Employees Work at Nahar Spinning Mills?

Nahar Spinning Mills has a workforce of 8603 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.

Employee growth trends for Nahar Spinning Mills Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nahar Spinning Mills, 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 Nahar Spinning Mills'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 Nahar Spinning Mills

Recent activity within the organization

  • Charges

    A charge registered on 28 Sep 2018 via Charge ID 100207184 with Others was fully satisfied on 16 Jan 2025.

  • Annual General Meeting

    Nahar Spinning Mills Ltd last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Nahar Spinning Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Others of Rs. 1,262.00 Cr registered on 28 Jul 2000 with Charge ID 90169405 was modified on 11 May 2023.

  • Director Appointment

    Anchal Kumar Jain was appointed as a Director was appointed as a Director on 24 Aug 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Yash Paul Sachdeva was appointed as a Director was appointed as a Director on 24 Aug 2022 & has been associated with this company since 2 years 7 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Nahar Spinning Mills Ltd?

    Nahar Spinning Mills Ltd was incorporated on 16 Dec 1980.

  • What is authorized share capital and paid-up capital of Nahar Spinning Mills Ltd?

    The authorized share capital of Nahar Spinning Mills Ltd is ₹ 30.00 Cr and paid-up capital is ₹ 18.05 Cr.

  • Who are the current board members & directors of Nahar Spinning Mills Ltd?

    Currently 12 directors are associated with Nahar Spinning Mills Ltd.

    • Anchal Kumar Jain
    • Vijay Asdhir
    • Roshan Lal Behl
    • Yash Paul Sachdeva
    • Jawahar Lal Oswal
    • Satish Kumar Sharma
    • Kamal Oswal
    • Dinesh Gogna
    • Dinesh Oswal
    • Manisha Gupta
    • Sh Anil Kumar Garg
    • Sh Brij Sharma

  • What is the registered address of Nahar Spinning Mills Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nahar Spinning Mills Ltd is 373Industrial Area Phase A India, Ludhiana Punjab, 141003.

  • What is the corporate identification number (CIN) and company number of Nahar Spinning Mills Ltd?

    The corporate identification number (CIN) of Nahar Spinning Mills Ltd is L17115PB1980PLC004341 and the company number is 004341 as per Ministry of Corporate Affairs (MCA).

  • Is Nahar Spinning Mills Ltd registered with any stock exchange in India?

    Yes, Nahar Spinning Mills Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NAHARSPING.

  • What is the official website of Nahar Spinning Mills Ltd?

    The Official website of Nahar Spinning Mills Ltd is https://www.owmnahar.com

  • What has been the recent revenue trend for Nahar Spinning Mills Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nahar Spinning Mills Ltd has fallen by -21.26%.

  • How many employees does Nahar Spinning Mills Ltd currently have?

    As Per 2023 financial reports, 8603 employees are currently employed by Nahar Spinning Mills Ltd.

  • What change has been observed in the net worth of Nahar Spinning Mills Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nahar Spinning Mills Ltd has experienced an downturn of -2.92%.

  • What are the total open charges for Nahar Spinning Mills Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Nahar Spinning Mills Ltd amount to ₹ 1,728.00 Cr.

  • When was the last Balance Sheet of Nahar Spinning Mills Ltd filed with the ROC?

    The most recent Balance Sheet for Nahar Spinning Mills Ltd was filed with the ROC on 31 Mar 2024.

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