Salora International Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 8.81 Cr
- Company Age 56 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.86 Cr
- Satisfied Charges ₹ 539.03 Cr
- Revenue Growth 60.08%
- Profit Growth -137.28%
- Ebitda 71.64%
- Net Worth -13.39%
- Total Assets -15.94%
About Salora International
Salora International Limited (SIL) was founded in India on 20 November 1968 and has a glorious history of 56 years and two months. Its registered office is in Delhi, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500370 and on the National Stock Exchange(NSE) under ALORAINTL.
The Corporate was formerly known as The Electronics Consortium Pvt Ltd. The Company is engaged in the Consumer Electronics & Durables 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 20.00 Cr and a paid-up capital of Rs 8.81 Cr.
The company currently has active open charges totaling ₹7.86 Cr. The company has closed loans amounting to ₹539.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Salora International Limited India is Tarun Jiwarajka as CFO. Tarun Jiwarajka, Paramartha Saikia, Rachna Lodha, and Two other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Salora International Limited offer?
Salora International Limited offers a wide range of products and services, including Paper & Paper Made Products, Coated Paper, Massage Equipments & Spa Devices, Massagers, Food Storage Boxes & Containers, Lunch Boxes, Washing Machine for Home, Semi Automatic Washing Machine, Vases, Crystal Vase.
Who are the key members and board of directors at Salora International?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tarun Jiwarajka  | CFO | 13-Feb-2018 | Current |
| Gopal Jiwarajka | Managing Director | 28-Aug-1987 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rachna Lodha | Director | 14-Sep-2024 | Current |
| Paramartha Saikia | Director | 07-Oct-2019 | Current |
| Tarun Jiwarajka | Whole-Time Director and Cfo | 10-Nov-2011 | Current |
| Karna Mehta | Director | 12-Aug-2016 | Current |
Financial Performance of Salora International.
Salora International Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 60.08% increase. The company also saw a substantial fall in profitability, with a 137.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Salora International?
In 2022, Salora International had a promoter holding of 66.72% and a public holding of 33.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Oriental Carbon & Chemicals LtdRachna Lodha is a mutual person
Berggruen Hotels Private LimitedParamartha Saikia is a mutual person
Lemon Tree Hotels LimitedParamartha Saikia is a mutual person
- Fleur Hotels Private Limited
Paramartha Saikia is a mutual person
- Iora Hotels Private Limited
Paramartha Saikia is a mutual person
Salora Components LimitedTarun Jiwarajka and Gopal Jiwarajka are mutual person
Charges (Loans)
₹7.86 Cr
₹539.03 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 4.92 Cr
- Hdfc Bank Limited : 2.62 Cr
- Others : 0.32 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 2023 | Hdfc Bank Limited | ₹2.10 M | Open |
| 01 Mar 2022 | State Bank Of India | ₹4.92 Cr | Open |
| 21 Sep 2021 | Others | ₹3.16 M | Open |
| 27 Oct 2020 | Hdfc Bank Limited | ₹2.41 Cr | Open |
| 21 Oct 2020 | Others | ₹2.10 Cr | Satisfied |
How Many Employees Work at Salora International?
Salora International has a workforce of 43 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Salora International, 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 Salora International's trajectory.
Rating
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
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.
