Nandi Vardhana Textile Mills Limited

This company manufactures and exports cotton yarn with a wide range of products for global markets.

2005 | Guntur, Andhra Pradesh (India) | Active
Last Updated: January 05, 2025

Nandi Vardhana Textile Mills Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.34 Cr
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.00 Cr
  • Satisfied Charges ₹ 51.89 Cr
  • Revenue Growth -18.30%
  • Profit Growth 114.37%
  • Ebitda -1024.20%
  • Net Worth 0.99%
  • Total Assets -6.23%

About Nandi Vardhana Textile Mills

Nandi Vardhana Textile Mills Limited (NVTML) is a Public Limited Indian Non-Government Company incorporated in India on 15 June 2005 and has a history of 19 years and eight months. Its registered office is in Guntur, Andhra Pradesh, India.

The Corporate was formerly known as Nandhi Vardhana Textile Mills 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 12.00 Cr and a paid-up capital of Rs 11.34 Cr.

The company currently has active open charges totaling ₹13.00 Cr. The company has closed loans amounting to ₹51.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nandi Vardhana Textile Mills Limited India is Mahesh Pinninti as CFO. Srinivasa Pinninti, Padmavathi Pinninti, and Allu Reddy serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nandivardhanatextile.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101AP2005PLC046546

  • Company No.

    046546

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

Who are the key members and board of directors at Nandi Vardhana Textile Mills?

Executive Team (2)

NameDesignationAppointment DateStatus
Srinivasa Pinninti Country flag representing In Managing Director15-Jun-2005Current
Mahesh Pinninti CFO01-Jul-2022Current

Financial Performance of Nandi Vardhana Textile Mills.

Nandi Vardhana Textile Mills Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 18.3% decrease. The company also saw a substantial improvement in profitability, with a 114.37% increase in profit. The company's net worth moved up by a moderate rise of 0.99%.

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
-18.30%
Revenue from Operations
-99.63%
Total Assets
-6.23%
Profit or Loss
114.37%
Net Worth
0.99%
EBITDA
-1024.20%

What is the Ownership and Shareholding Structure of Nandi Vardhana Textile Mills?

In 2021, Nandi Vardhana Textile Mills had a promoter holding of 31.80% and a public holding of 68.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.00 Cr

Satisfied Charges

₹51.89 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Nov 2022Others₹8.00 CrOpen
22 Feb 2022Others₹5.00 CrOpen
23 Jun 2021Others₹5.00 CrSatisfied
02 Feb 2006State Bank Of India₹46.89 CrSatisfied

How Many Employees Work at Nandi Vardhana Textile Mills?

Nandi Vardhana Textile Mills has a workforce of 53 employees as of Mar 30, 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 Nandi Vardhana Textile 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 Nandi Vardhana Textile 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 Nandi Vardhana Textile Mills

Recent activity within the organization

  • Annual General Meeting

    Nandi Vardhana Textile Mills Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nandi Vardhana Textile Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100657857 was registered on 03 Nov 2022.

    03 Nov 2022

  • Director Appointment

    Mahesh Pinninti was appointed as a Cfo was appointed as a Cfo on 01 Jul 2022 & has been associated with this company since 2 years 7 months .

    01 Jul 2022

  • Charges

    A charge registered on 23 Jun 2021 via Charge ID 100460806 with Others was fully satisfied on 23 Feb 2022.

    23 Feb 2022

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100554669 was registered on 22 Feb 2022.

    22 Feb 2022

Frequently asked questions

  • What is the Incorporation or founding date of Nandi Vardhana Textile Mills Limited?

    Nandi Vardhana Textile Mills Limited was incorporated on 15 Jun 2005.

  • What is authorized share capital and paid-up capital of Nandi Vardhana Textile Mills Limited?

    The authorized share capital of Nandi Vardhana Textile Mills Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.34 Cr.

  • Who are the current board members & directors of Nandi Vardhana Textile Mills Limited?

    Currently 4 directors are associated with Nandi Vardhana Textile Mills Limited.

    • Srinivasa Rao Pinninti
    • Padmavathi Pinninti
    • Mahesh Pinninti
    • Allu Venkateswara Reddy
  • What is the registered address of Nandi Vardhana Textile Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nandi Vardhana Textile Mills Limited is Nh - 5 Timmapuram Yadlapadu Mandal, India, Guntur District, Andhra Pradesh, 522233.

  • What is the corporate identification number (CIN) and company number of Nandi Vardhana Textile Mills Limited?

    The corporate identification number (CIN) of Nandi Vardhana Textile Mills Limited is U18101AP2005PLC046546 and the company number is 046546 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nandi Vardhana Textile Mills Limited?

    The Official website of Nandi Vardhana Textile Mills Limited is https://www.nandivardhanatextile.com

  • What has been the recent revenue trend for Nandi Vardhana Textile Mills Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Nandi Vardhana Textile Mills Limited has fallen by -18.30%.

  • How many employees does Nandi Vardhana Textile Mills Limited currently have?

    As Per 2021 financial reports, 53 employees are currently employed by Nandi Vardhana Textile Mills Limited.

  • What change has been observed in the net worth of Nandi Vardhana Textile Mills Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Nandi Vardhana Textile Mills Limited has experienced an upsurge of 0.99%.

  • What are the total open charges for Nandi Vardhana Textile Mills Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Nandi Vardhana Textile Mills Limited amount to ₹ 13.00 Cr.

  • When was the last Balance Sheet of Nandi Vardhana Textile Mills Limited filed with the ROC?

    The most recent Balance Sheet for Nandi Vardhana Textile Mills Limited was filed with the ROC on 31 Mar 2023.

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