Navneet Synthetics Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.84 M
- Company Age 50 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.70 Cr
- Satisfied Charges ₹ 8.72 Cr
- Revenue Growth 45.24%
- Profit Growth 34.47%
- Ebitda 21.33%
- Net Worth 2.44%
- Total Assets -0.22%
About Navneet Synthetics
Navneet Synthetics Limited (NSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 August 1974 and has a history of 50 years and six months. Its registered office is in Amritsar, Punjab, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.84 M.
The company currently has active open charges totaling ₹7.70 Cr. The company has closed loans amounting to ₹8.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kamal Dalmia, Vineet Dalmia, and Veena Dalmia serve as directors at the Company.
Company Details
-
Location
Amritsar, Punjab, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
-
Website
-
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U24302PB1974PLC003472
-
Company No.
003472
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
07 Aug 1974
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Chandigarh
Industry
What products or services does Navneet Synthetics Limited offer?
Navneet Synthetics Limited offers a wide range of products and services, including Yarns & Threads, Yarn, Threads, Embroidery Threads.
Who are the key members and board of directors at Navneet Synthetics?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamal Dalmia
|
Director | 01-Jul-1995 | Current |
|
Vineet Dalmia
|
Director | 26-Aug-2002 | Current |
|
Veena Dalmia
|
Director | 12-Jun-1990 | Current |
Financial Performance of Navneet Synthetics.
Navneet Synthetics Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 45.24% increase. The company also saw a substantial improvement in profitability, with a 34.47% increase in profit. The company's net worth moved up by a moderate rise of 2.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Navneet Synthetics?
In 2022, Navneet Synthetics had a promoter holding of 99.68% and a public holding of 0.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Natraj Wooltex LimitedKamal Dalmia is a mutual person
-
Punjab Synthetics LimitedVineet Dalmia and Veena Dalmia are mutual person
Charges (Loans)
₹76.97 M
₹87.23 M
Charges Breakdown by Lending Institutions
- Others : 7.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2024 | Others | ₹1.50 Cr | Open |
| 03 Nov 2021 | Others | ₹3.97 M | Open |
| 20 Feb 2021 | Others | ₹1.30 Cr | Open |
| 01 Mar 2004 | Others | ₹4.50 Cr | Open |
| 04 Jun 2020 | Others | ₹7.90 M | Satisfied |
How Many Employees Work at Navneet Synthetics?
Navneet Synthetics has a workforce of 120 employees as of Apr 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Navneet Synthetics, 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 Navneet Synthetics's trajectory.
Rating
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
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.
