Oswal Yarns Limited

Produces knitted cloths according to annual filings.

1982 | Ludhiana, Punjab (India) | Active
Last Updated: June 27, 2024

Oswal Yarns Profile

Key Indicators

  • Authorised Capital ₹ 4.25 Cr
  • Paid Up Capital ₹ 4.01 Cr
  • Company Age 42 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.99 Cr
  • Revenue Growth -44.03%
  • Profit Growth -339.67%
  • Ebitda -608.22%
  • Net Worth -6.74%
  • Total Assets -15.56%

About Oswal Yarns

Oswal Yarns Limited (OYL) is a Public Limited Indian Non-Government Company incorporated in India on 16 June 1982 and has a history of 42 years and seven months. Its registered office is in Ludhiana, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514460.

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 4.25 Cr and a paid-up capital of Rs 4.01 Cr.

The company has closed loans amounting to ₹1.99 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Oswal Yarns Limited India are Aarti Sharma as COMPANY SECRETARY and Bansi Bhat as Cfo. Nipun Vyas, Vama Oswal, Tej Oswal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17111PB1982PLC005006

  • Company No.

    005006

  • Stock Symbol

    BSE : 514460

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Oswal Yarns?

Executive Team (3)

Name Designation Appointment Date Status
Aarti Sharma Company Secretary 12-Apr-2024 Current
Tej Oswal Country flag representing In Managing Director 30-Aug-2006 Current
Bansi Bhat Country flag representing In CFO 01-Apr-2019 Current

Board Members (4)

Name Designation Appointment Date Status
Nipun Vyas Country flag representing In Director 04-Mar-2021 Current
Vama Oswal Country flag representing In Director 31-Oct-2018 Current
Kulwant Rai Country flag representing In Director 28-Mar-1995 Current
Bharatt Oswall Country flag representing In Whole-Time Director 07-Oct-2009 Current

Financial Performance of Oswal Yarns.

Oswal Yarns Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 44.03% decrease. The company also saw a substantial fall in profitability, with a 339.67% decrease in profit. The company's net worth dipped by a decrease of 6.74%.

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
-44.03%
Revenue from Operations
-43.94%
Total Assets
-15.56%
Profit or Loss
-339.67%
Net Worth
-6.74%
EBITDA
-608.22%

What is the Ownership and Shareholding Structure of Oswal Yarns?

In 2023, Oswal Yarns had a promoter holding of 45.27% and a public holding of 54.73%. 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

Satisfied Charges

₹1.99 Cr

Charges Breakdown by Lending Institutions

  • Punjab State Industrial Development Cor. Ltd. : 0.84 Cr
  • State Bank Of India : 0.80 Cr
  • Punjab National Bank : 0.30 Cr
  • State Bank Of Patiala : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
23 Sep 2005 State Bank Of India ₹8.00 M Satisfied
01 Dec 1997 Punjab National Bank ₹3.00 M Satisfied
31 May 1994 Punjab State Industrial Development Cor. Ltd. ₹8.40 M Satisfied
25 Feb 1989 State Bank Of Patiala ₹0.50 M Satisfied

How Many Employees Work at Oswal Yarns?

Oswal Yarns has a workforce of 7 employees as of Apr 08, 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 Oswal Yarns, 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 Oswal Yarns'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 Oswal Yarns

Recent activity within the organization

  • Director Appointment

    Aarti Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 12 Apr 2024 & has been associated with this company since 9 months 25 days .

    12 Apr 2024

  • Annual General Meeting

    Oswal Yarns Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Oswal Yarns Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 23 Sep 2005 via Charge ID 80036278 with State Bank Of India was fully satisfied on 31 May 2022.

    31 May 2022

  • Director Appointment

    Vama Oswal was appointed as a Director was appointed as a Director on 31 Oct 2018 & has been associated with this company since 6 years 3 months .

    31 Oct 2018

  • Charges

    A charge with State Bank Of India of Rs. 0.80 Cr registered on 23 Sep 2005 with Charge ID 80036278 was modified on 24 May 2012.

    24 May 2012

Frequently asked questions

  • Oswal Yarns Limited was incorporated on 16 Jun 1982.

  • The authorized share capital of Oswal Yarns Limited is ₹ 4.25 Cr and paid-up capital is ₹ 4.01 Cr.

  • Currently 7 directors are associated with Oswal Yarns Limited.

    • Aarti Sharma
    • Nipun Vyas
    • Vama Oswal
    • Tej Paul Oswal
    • Kulwant Dhawan Rai
    • Bharatt Oswall
    • Bansi Lal Bhat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Oswal Yarns Limited is Oswal House Link Roadindustrial Area A, Ludhiana, Punjab, India, 141003.

  • The corporate identification number (CIN) of Oswal Yarns Limited is L17111PB1982PLC005006 and the company number is 005006 as per Ministry of Corporate Affairs (MCA).

  • Yes, Oswal Yarns Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Oswal Yarns Limited is https://www.oylyarns.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Oswal Yarns Limited has fallen by -44.03%.

  • As Per 2023 financial reports, 7 employees are currently employed by Oswal Yarns Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Oswal Yarns Limited has experienced an downturn of -6.74%.

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

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