Network Industries Limited

Manufactures and trades innerwear, outerwear, and knitted fabrics.

1989 | Kolkata, West Bengal (India) | Active
Last Updated: November 15, 2024

Network Industries Profile

Key Indicators

  • Authorised Capital ₹ 37.00 Cr
  • Paid Up Capital ₹ 36.99 Cr
  • Company Age 35 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.25 Cr
  • Satisfied Charges ₹ 328.86 Cr
  • Revenue Growth 2.76%
  • Profit Growth 107.20%
  • Ebitda 45.80%
  • Net Worth 230.04%
  • Total Assets 3.77%

About Network Industries

Network Industries Limited (NIL) is a Public Limited Indian Non-Government Company incorporated in India on 30 March 1989 and has a history of 35 years and ten months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Network Trade Linkers Private 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 37.00 Cr and a paid-up capital of Rs 36.99 Cr.

The company currently has active open charges totaling ₹19.25 Cr. The company has closed loans amounting to ₹328.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Network Industries Limited India are Ayan Datta as CFO and Mukta Damani as Company Secretary. Dharam Baheti, Gaurav Gandhi, and Ajay Agarwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    networkind.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70100WB1989PLC046577

  • Company No.

    046577

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1989

  • Date of AGM

    04 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Network Industries Limited offer?

Network Industries Limited offers a wide range of products and services, including Men Underwear and Briefs, Men Underwear, Gym & Sports Innerwear, Gym Vest, Men Shorts, Men Bermudas, Readymade Garments, Vest, Undergarments, Men Vest.

Who are the key members and board of directors at Network Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Ayan Datta Country flag representing In CFO27-Jan-2023Current
Mukta Damani Country flag representing In Company Secretary01-Feb-2020Current

Board Members (3)

NameDesignationAppointment DateStatus
Gaurav Gandhi Country flag representing In Director 13-Apr-2021Current
Dharam Baheti Country flag representing In Director 04-Jul-2019Current
Ajay Agarwal Country flag representing In Whole-Time Director 04-Jul-2019Current

Financial Performance of Network Industries.

Network Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.76% increase. The company also saw a substantial improvement in profitability, with a 107.2% increase in profit. The company's net worth Soared by an impressive increase of 230.04%.

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
2.76%
Revenue from Operations
Total Assets
3.77%
Profit or Loss
107.20%
Net Worth
230.04%
EBITDA
45.80%

What is the Ownership and Shareholding Structure of Network Industries?

In 2023, Network Industries 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

₹19.25 Cr

Satisfied Charges

₹328.86 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 16.00 Cr
  • Others : 3.25 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jul 2012Others₹3.25 CrOpen
08 Mar 2011Indian Bank₹16.00 CrOpen
16 Dec 2013Small Industries Development Bank Of India₹4.10 CrSatisfied
23 Mar 2013State Bank Of India (Lead Bank)₹124.60 CrSatisfied
03 Jan 2013Corporation Bank₹29.12 CrSatisfied

How Many Employees Work at Network Industries?

Unlock and access historical data on people associated with Network Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Network Industries, 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 Network Industries'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 Network Industries

Recent activity within the organization

  • Annual General Meeting

    Network Industries Limited last Annual general meeting of members was held on 04 Aug 2023 as per latest MCA records.

    04 Aug 2023

  • Balance Sheet

    Network Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Ayan Datta was appointed as a Cfo was appointed as a Cfo on 27 Jan 2023 & has been associated with this company since 2 years 27 days .

    27 Jan 2023

  • Charges

    A charge registered on 03 Jan 2013 via Charge ID 10407686 with Corporation Bank was fully satisfied on 09 Jun 2022.

    09 Jun 2022

  • Director Appointment

    Gaurav Gandhi was appointed as a Director was appointed as a Director on 13 Apr 2021 & has been associated with this company since 3 years 10 months .

    13 Apr 2021

  • Charges

    A charge registered on 16 Dec 2013 via Charge ID 10465389 with Small Industries Development Bank Of India was fully satisfied on 04 Mar 2021.

    04 Mar 2021

Frequently asked questions

  • Network Industries Limited was incorporated on 30 Mar 1989.

  • The authorized share capital of Network Industries Limited is ₹ 37.00 Cr and paid-up capital is ₹ 36.99 Cr.

  • Currently 5 directors are associated with Network Industries Limited.

    • Dharam Chand Baheti
    • Gaurav Gandhi
    • Ajay Kumar Agarwal
    • Ayan Datta
    • Mukta Damani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Network Industries Limited is 21 Strand Road, India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Network Industries Limited is U70100WB1989PLC046577 and the company number is 046577 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Network Industries Limited is https://www.networkind.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Network Industries Limited has risen by 2.76%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Network Industries Limited has experienced an upsurge of 230.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Network Industries Limited amount to ₹ 19.25 Cr.

  • The most recent Balance Sheet for Network Industries Limited was filed with the ROC on 31 Mar 2023.

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