Orbit Exports Ltd

Exports novelty fabrics and operates in multiple markets, specializing in occasion-specific fabrics and finished products.

1983 | Mumbai, Maharashtra (India) | Active
Last Updated: December 06, 2024

Orbit Exports Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 26.47 Cr
  • Company Age 41 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 74.71 Cr
  • Satisfied Charges ₹ 116.73 Cr
  • Revenue Growth 84.43%
  • Profit Growth 1598.12%
  • Ebitda 210.23%
  • Net Worth 9.39%
  • Total Assets 23.49%

About Orbit Exports

Orbit Exports Ltd (OEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 September 1983 and has a history of 41 years and five months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512626 and on the National Stock Exchange(NSE) under ORBTEXP.

The Corporate was formerly known as Orbit Exports Private Limited. The Company is engaged in the Consumer Goods 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 35.00 Cr and a paid-up capital of Rs 26.47 Cr.

The company currently has active open charges totaling ₹74.71 Cr. The company has closed loans amounting to ₹116.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Orbit Exports Ltd India are Parth Seth as Ceo, Pranali Chawhan as Company Secretary, and Rahul Tiwari as Cfo. Pankaj Seth, Anisha Seth, Pardeep Khosla, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    orbitexports.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L40300MH1983PLC030872

  • Company No.

    030872

  • Stock Symbol

    BSE : 512626 NSE : ORBTEXP

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Sep 1983

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods
Manufacturing

What products or services does Orbit Exports Ltd offer?

Orbit Exports Ltd offers a wide range of products and services, including Christmas Decorations, Christmas Ornaments, Apparel Fabrics & Clothing Textiles, Fabric, Gifts, Crafts & Artifacts, Decorative Items, Silk Textile, Silk Fabrics, Polyester Textile, Natural Fabric.

Who are the key members and board of directors at Orbit Exports?

Executive Team (4)

NameDesignationAppointment DateStatus
Pankaj Seth Country flag representing In Managing Director01-Sep-2004Current
Parth Seth CEO14-Nov-2024Current
Pranali Chawhan Company Secretary03-Jul-2024Current
Rahul Tiwari Country flag representing In CFO08-Dec-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Sunil Buch Country flag representing In Director 04-Feb-2019Current
Pardeep Khosla Country flag representing In Director 18-Jul-2014Current
Chetna Malaviya Country flag representing In Director 22-Jun-2020Current
Anisha Seth Country flag representing In Whole-Time Director 01-Sep-2004Current
Birendranath Bandyopadhyay Additional Director 22-Oct-2024Current
Varun Daga Country flag representing In Director 26-Jul-2011Current

Financial Performance of Orbit Exports.

Orbit Exports Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 84.43% increase. The company also saw a substantial improvement in profitability, with a 1598.12% increase in profit. The company's net worth moved up by a moderate rise of 9.39%.

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
84.43%
Revenue from Operations
90.81%
Total Assets
23.49%
Profit or Loss
1598.12%
Net Worth
9.39%
EBITDA
210.23%

What is the Ownership and Shareholding Structure of Orbit Exports?

In 2022, Orbit Exports had a promoter holding of 66.12% and a public holding of 33.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹74.71 Cr

Satisfied Charges

₹116.73 Cr

Charges Breakdown by Lending Institutions

  • Others : 38.50 Cr
  • Hdfc Bank Limited : 36.21 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2023Others₹15.00 CrOpen
07 Jul 2022Others₹7.50 CrOpen
19 Aug 2014Hdfc Bank Limited₹36.21 CrOpen
26 Mar 2012Others₹16.00 CrOpen
11 Mar 2022Others₹17.75 CrSatisfied

How Many Employees Work at Orbit Exports?

Orbit Exports has a workforce of 377 employees as of Apr 05, 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 Orbit Exports, 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 Orbit Exports'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 Orbit Exports

Recent activity within the organization

  • Director Appointment

    Parth Seth was appointed as a Ceo was appointed as a Ceo on 14 Nov 2024 & has been associated with this company since 3 months 7 days .

    14 Nov 2024

  • Director Appointment

    Birendranath Bandyopadhyay was appointed as a Additional Director was appointed as a Additional Director on 22 Oct 2024 & has been associated with this company since 4 months .

    22 Oct 2024

  • Annual General Meeting

    Orbit Exports Ltd last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Director Appointment

    Pranali Chawhan was appointed as a Company Secretary was appointed as a Company Secretary on 03 Jul 2024 & has been associated with this company since 7 months 19 days .

    03 Jul 2024

  • Balance Sheet

    Orbit Exports Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 7.50 Cr registered on 07 Jul 2022 with Charge ID 100595199 was modified on 09 Jan 2024.

    09 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Orbit Exports Ltd was incorporated on 16 Sep 1983.

  • The authorized share capital of Orbit Exports Ltd is ₹ 35.00 Cr and paid-up capital is ₹ 26.47 Cr.

  • Currently 11 directors are associated with Orbit Exports Ltd.

    • Pankaj Shyam Sunder Seth
    • Anisha Pankaj Seth
    • Pardeep Anant Ram Khosla
    • Chetna Manish Malaviya
    • Sunil Ramesh Buch
    • Birendranath Bandyopadhyay
    • Parth Seth
    • Pranali Chawhan
    • Rahul Tiwari
    • Varun Pramod Daga
    • Chetan Durgadas Mehra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Orbit Exports Ltd is 122 2Nd Floor Mistry Bhavan Dinshaw Wachha Road Near K.C. College, Churchgate India, Mumbai, Maharashtra, 400020.

  • The corporate identification number (CIN) of Orbit Exports Ltd is L40300MH1983PLC030872 and the company number is 030872 as per Ministry of Corporate Affairs (MCA).

  • Yes, Orbit Exports Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ORBTEXP.

  • The Official website of Orbit Exports Ltd is https://www.orbitexports.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Orbit Exports Ltd has risen by 84.43%.

  • As Per 2022 financial reports, 377 employees are currently employed by Orbit Exports Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Orbit Exports Ltd has experienced an upsurge of 9.39%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Orbit Exports Ltd amount to ₹ 74.71 Cr.

  • The most recent Balance Sheet for Orbit Exports Ltd was filed with the ROC on 31 Mar 2024.

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