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

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

Executive Team (2)

NameDesignationAppointment DateStatus
Srinivasa Pinninti Country flag representing InManaging Director15-Jun-2005Current
Mahesh PinnintiCFO01-Jul-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Padmavathi Pinninti Country flag representing In Director 15-Jun-2005Current
Allu Reddy Country flag representing In Director 16-Feb-2015Current

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%

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

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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 6 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

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

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

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

    • Srinivasa Rao Pinninti
    • Padmavathi Pinninti
    • Mahesh Pinninti
    • Allu Venkateswara Reddy
  • 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.

  • 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).

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

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

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

  • 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%.

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

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

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