Patspin India Ltd

Manufacturer and exporter of cotton yarn and related materials, with value-adding activities like TFO twisting and gassing.

1991 | Ernakulam, Kerala (India) | Active
Last Updated: July 17, 2024

Patspin India Profile

Key Indicators

  • Authorised Capital ₹ 71.00 Cr
  • Paid Up Capital ₹ 55.63 Cr
  • Company Age 33 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 66.68 Cr
  • Satisfied Charges ₹ 1,016.06 Cr
  • Revenue Growth -47.63%
  • Profit Growth -35.71%
  • Ebitda -141.70%
  • Net Worth 4.48%
  • Total Assets -52.66%

About Patspin India

Patspin India Ltd (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 September 1991 and has a history of 33 years and five months. Its registered office is in Ernakulam, Kerala, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514326 and on the National Stock Exchange(NSE) under PATSPINLTD.

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 71.00 Cr and a paid-up capital of Rs 55.63 Cr.

The company currently has active open charges totaling ₹66.68 Cr. The company has closed loans amounting to ₹1,016.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Patspin India Ltd India are Veena Bhandary as COMPANY SECRETARY and Thareparambil Ravindran as Cfo. Binod Patodia, Umang Patodia, Nandkishore Bafna, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    patspin.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L18101KL1991PLC006194

  • Company No.

    006194

  • Stock Symbol

    BSE : 514326 NSE : PATSPINLTD

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 1991

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing

Who are the key members and board of directors at Patspin India?

Executive Team (3)

NameDesignationAppointment DateStatus
Umang Patodia Country flag representing In Managing Director04-Aug-2009Current
Veena Bhandary Company Secretary01-Oct-2020Current
Thareparambil Ravindran Country flag representing In CFO30-May-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Binod Patodia Country flag representing In Director 20-Sep-1991Current
Nandkishore Bafna Country flag representing In Director 20-Jun-2000Current
Cheriyamadathil Nair Country flag representing In Director 21-Sep-2020Current
Kalpana Thakker Country flag representing In Director 14-Nov-2019Current
Vallomparampath Balakrishnan Country flag representing In Director 31-Jul-2020Current

Financial Performance of Patspin India.

Patspin India Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.63% decrease. The company also saw a substantial fall in profitability, with a 35.71% decrease in profit. The company's net worth moved up by a moderate rise of 4.48%.

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
-47.63%
Revenue from Operations
-47.76%
Total Assets
-52.66%
Profit or Loss
-35.71%
Net Worth
4.48%
EBITDA
-141.70%

What is the Ownership and Shareholding Structure of Patspin India?

In 2023, Patspin India had a promoter holding of 65.00% and a public holding of 35.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹66.68 Cr

Satisfied Charges

₹1,016.06 Cr

Charges Breakdown by Lending Institutions

  • Others : 66.68 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2022Others₹66.68 CrOpen
01 Feb 2013Central Bank Of India₹22.16 CrSatisfied
13 Mar 2012State Bank Of Travancore₹44.80 CrSatisfied
13 Mar 2012State Bank Of India₹15.00 CrSatisfied
18 Jan 2012Others₹20.00 CrSatisfied

How Many Employees Work at Patspin India?

Patspin India has a workforce of 412 employees as of Apr 06, 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 Patspin India, 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 Patspin India'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 Patspin India

Recent activity within the organization

  • Annual General Meeting

    Patspin India Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Others of Rs. 66.68 Cr registered on 30 Sep 2022 with Charge ID 100665888 was modified on 23 Aug 2023.

    23 Aug 2023

  • Balance Sheet

    Patspin India Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge registered on 01 Feb 2013 via Charge ID 10407050 with Central Bank Of India was fully satisfied on 02 Dec 2022.

    02 Dec 2022

  • Charges

    A charge registered on 04 May 2009 via Charge ID 10157801 with Central Bank Of India was fully satisfied on 02 Dec 2022.

    02 Dec 2022

  • Charges

    A charge registered on 14 Nov 2008 via Charge ID 10130801 with Others was fully satisfied on 02 Dec 2022.

    02 Dec 2022

Frequently asked questions

  • Patspin India Ltd was incorporated on 20 Sep 1991.

  • The authorized share capital of Patspin India Ltd is ₹ 71.00 Cr and paid-up capital is ₹ 55.63 Cr.

  • Currently 8 directors are associated with Patspin India Ltd.

    • Binod Kumar Patodia
    • Umang Patodia
    • Nandkishore Bafna
    • Cheriyamadathil Gopalakrishnan Nair
    • Kalpana Mahesh Thakker
    • Vallomparampath Narayanankutty Balakrishnan
    • Veena Vishwanath Bhandary
    • Thareparambil Ravindran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patspin India Ltd is 3Rd Floor Palal Towersravipuram M G Road, Ernakulam, Kerala, India, 682016.

  • The corporate identification number (CIN) of Patspin India Ltd is L18101KL1991PLC006194 and the company number is 006194 as per Ministry of Corporate Affairs (MCA).

  • Yes, Patspin India Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PATSPINLTD.

  • The Official website of Patspin India Ltd is https://www.patspin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Patspin India Ltd has fallen by -47.63%.

  • As Per 2023 financial reports, 412 employees are currently employed by Patspin India Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Patspin India Ltd has experienced an upsurge of 4.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Patspin India Ltd amount to ₹ 66.68 Cr.

  • The most recent Balance Sheet for Patspin India Ltd was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Textile & Fabric Production