Shital Fibres Limited

Manufacturer of acrylic mink blankets with global reach and technical collaboration with German company.

1993 | Punjab, Punjab (India) | Active
Last Updated: July 02, 2024

Shital Fibres Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.38 Cr
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 238.44 Cr
  • Satisfied Charges ₹ 344.86 Cr
  • Revenue Growth -17.82%
  • Profit Growth 133.71%
  • Ebitda 5.67%
  • Net Worth 1.71%
  • Total Assets -0.44%

About Shital Fibres

Shital Fibres Limited (SFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 May 1993 and has a history of 31 years and eight months. Its registered office is in Punjab, Punjab, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.38 Cr.

The company currently has active open charges totaling ₹238.44 Cr. The company has closed loans amounting to ₹344.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abhishek Vij, Vani Vij, and Neha Vij serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17219PB1993PLC013335

  • Company No.

    013335

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 May 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Goods

Who are the key members and board of directors at Shital Fibres?

Board Members (3)

Name Designation Appointment Date Status
Abhishek Vij Country flag representing In Whole-Time Director 16-Feb-2009 Current
Vani Vij Country flag representing In Director 24-Jan-2022 Current
Neha Vij Country flag representing In Additional Director Current

Financial Performance of Shital Fibres.

Shital Fibres Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.82% decrease. The company also saw a substantial improvement in profitability, with a 133.71% increase in profit. The company's net worth moved up by a moderate rise of 1.71%.

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
-17.82%
Revenue from Operations
-19.37%
Total Assets
-0.44%
Profit or Loss
133.71%
Net Worth
1.71%
EBITDA
5.67%

What is the Ownership and Shareholding Structure of Shital Fibres?

In 2023, Shital Fibres had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹238.44 Cr

Satisfied Charges

₹344.86 Cr

Charges Breakdown by Lending Institutions

  • Others : 228.44 Cr
  • Axis Bank Limited : 8.50 Cr
  • Industrial Dev. Corpn . Ltd. : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
01 Jul 2022 Others ₹4.20 Cr Open
13 Sep 2021 Others ₹90.58 Cr Open
01 Jan 2021 Axis Bank Limited ₹8.50 Cr Open
12 Jun 2020 Others ₹133.66 Cr Open
23 Sep 1993 Industrial Dev. Corpn . Ltd. ₹1.50 Cr Open

How Many Employees Work at Shital Fibres?

Shital Fibres has a workforce of 391 employees as of Apr 07, 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 Shital Fibres, 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 Shital Fibres'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 Shital Fibres

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 90.58 Cr registered on 13 Sep 2021 with Charge ID 100477573 was modified on 15 May 2023.

    15 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 4.20 Cr with Charge ID 100591911 was registered on 01 Jul 2022.

    01 Jul 2022

  • Director Appointment

    Vani Vij was appointed as a Director was appointed as a Director on 24 Jan 2022 & has been associated with this company since 3 years 11 days .

    24 Jan 2022

  • Charges

    A charge with Others amounted to Rs. 90.58 Cr with Charge ID 100477573 was registered on 13 Sep 2021.

    13 Sep 2021

Frequently asked questions

  • Shital Fibres Limited was incorporated on 14 May 1993.

  • The authorized share capital of Shital Fibres Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.38 Cr.

  • Currently 3 directors are associated with Shital Fibres Limited.

    • Abhishek Vij
    • Vani Vij
    • Neha Vij
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shital Fibres Limited is A 17Focal Point Jalandhar, Punjab, India, 144004.

  • The corporate identification number (CIN) of Shital Fibres Limited is U17219PB1993PLC013335 and the company number is 013335 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shital Fibres Limited is https://www.shitalexport.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shital Fibres Limited has fallen by -17.82%.

  • As Per 2023 financial reports, 391 employees are currently employed by Shital Fibres Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shital Fibres Limited has experienced an upsurge of 1.71%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shital Fibres Limited amount to ₹ 238.44 Cr.

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

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