Orbit Textile Engineers Private Limited

Textile manufacturing and machinery supply company established in 1993.

1993 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Orbit Textile Engineers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.23 M
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth -9.26%
  • Profit Growth -10.62%
  • Ebitda -16.57%
  • Net Worth 23.40%
  • Total Assets 7.49%

About Orbit Textile Engineers

Orbit Textile Engineers Private Limited (OTEPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 September 1993 and has a history of 31 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹3.23 M. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kgs Pillai, Sujatha Pillai, Somasekharan Parvathy, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29291TZ1993PTC004597

  • Company No.

    004597

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Sep 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Company report

Orbit Textile Engineers Private Limited

Explore comprehensive data for Orbit Textile Engineers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kgs Pillai Country flag representing In Managing Director16-Sep-1993Current

Board Members (3)

NameDesignationAppointment DateStatus
Somasekharan Parvathy Country flag representing In Director 22-Aug-2024Current
Sujatha Pillai Country flag representing In Director 16-Sep-1993Current
Devadath Pillai Director 22-Aug-2024Current

Financial Performance of Orbit Textile Engineers.

Orbit Textile Engineers Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.26% decrease. The company also saw a substantial fall in profitability, with a 10.62% decrease in profit. The company's net worth Soared by an impressive increase of 23.4%.

Orbit Textile Engineers revenue growth over time
Orbit Textile Engineers 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
-9.26%
Revenue from Operations
-10.48%
Total Assets
7.49%
Profit or Loss
-10.62%
Net Worth
23.40%
EBITDA
-16.57%

What is the Ownership and Shareholding Structure of Orbit Textile Engineers?

In 2023, Orbit Textile Engineers had a promoter holding of 71.29% and a public holding of 28.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.32 Cr

Satisfied Charges

₹2.00 Cr

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
05 Nov 2020The South Indian Bank Limited₹1.03 MOpen
19 Feb 2020The South Indian Bank Limited₹2.20 MOpen
06 Mar 2013The South Indian Bank Limited₹2.00 CrSatisfied

How Many Employees Work at Orbit Textile Engineers?

Orbit Textile Engineers has a workforce of 0 employees as of Apr 09, 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.

Employee growth trends for Orbit Textile Engineers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Orbit Textile Engineers, 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 Textile Engineers'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 Textile Engineers

Recent activity within the organization

  • Director Appointment

    Somasekharan Pillai Parvathy was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 8 months 7 days .

  • Director Appointment

    Devadath Somasekharan Pillai was appointed as a Director was appointed as a Director on 22 Aug 2024 & has been associated with this company since 8 months 7 days .

  • Annual General Meeting

    Orbit Textile Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Orbit Textile Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Charges

    A charge registered on 06 Mar 2013 via Charge ID 10415023 with The South Indian Bank Limited was fully satisfied on 09 Aug 2021.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100394385 was registered on 05 Nov 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Orbit Textile Engineers Private Limited?

    Orbit Textile Engineers Private Limited was incorporated on 16 Sep 1993.

  • What is authorized share capital and paid-up capital of Orbit Textile Engineers Private Limited?

    The authorized share capital of Orbit Textile Engineers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Orbit Textile Engineers Private Limited?

    Currently 4 directors are associated with Orbit Textile Engineers Private Limited.

    • Kgs Pillai
    • Sujatha Pillai
    • Somasekharan Pillai Parvathy
    • Devadath Somasekharan Pillai
  • What is the registered address of Orbit Textile Engineers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Orbit Textile Engineers Private Limited is 1632Dtrichy Road India, Coimbatore, Tamil Nadu, 641018.

  • What is the corporate identification number (CIN) and company number of Orbit Textile Engineers Private Limited?

    The corporate identification number (CIN) of Orbit Textile Engineers Private Limited is U29291TZ1993PTC004597 and the company number is 004597 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Orbit Textile Engineers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Orbit Textile Engineers Private Limited has fallen by -9.26%.

  • What change has been observed in the net worth of Orbit Textile Engineers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Orbit Textile Engineers Private Limited has experienced an upsurge of 23.40%.

  • What are the total open charges for Orbit Textile Engineers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Orbit Textile Engineers Private Limited amount to ₹ 3.23 M.

  • When was the last Balance Sheet of Orbit Textile Engineers Private Limited filed with the ROC?

    The most recent Balance Sheet for Orbit Textile Engineers Private Limited was filed with the ROC on 31 Mar 2023.

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