Soma Textiles & Industries Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 33.03 Cr
- Company Age 84 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 480.55 Cr
- Revenue Growth 20.67%
- Profit Growth 23.32%
- Ebitda 10.21%
- Net Worth -23.72%
- Total Assets -1.37%
About Soma Textiles & Industries
Soma Textiles & Industries Ltd (STIL) was founded in India on 29 March 1940 and has a glorious history of 84 years and ten months. Its registered office is in Kolkata, West Bengal, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521034 and on the National Stock Exchange(NSE) under SOMATEX.
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 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 33.03 Cr.
The company has closed loans amounting to ₹480.55 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Soma Textiles & Industries Ltd India are Shrikant Bhat as CFO and Reena Singh as Company Secretary. Surendra Somany, Arvindkumar Somany, Shrikant Bhat, and Three other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Who are the key members and board of directors at Soma Textiles & Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvindkumar Somany  | Managing Director | 29-Sep-1988 | Current |
| Shrikant Bhat | CFO | 04-Sep-2008 | Current |
| Reena Singh | Company Secretary | 16-May-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Surendra Somany | Director | 01-Apr-1949 | Current |
| Shrikant Bhat | Whole-Time Director | 04-Sep-2008 | Current |
| Malaybhai Shah | Director | 10-Feb-2015 | Current |
| Rita Chatterjee | Director | 10-Jun-2024 | Current |
| Omprakash Kabra | Director | 29-Aug-2024 | Current |
Financial Performance of Soma Textiles & Industries.
Soma Textiles & Industries Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 20.67% increase. The company also saw a substantial improvement in profitability, with a 23.32% increase in profit. The company's net worth observed a substantial decline by a decrease of 23.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Soma Textiles & Industries?
In 2023, Soma Textiles & Industries had a promoter holding of 67.77% and a public holding of 32.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ntactus Financial Services Private LimitedRita Chatterjee is a mutual person
Simplex Realty LimitedSurendra Somany is a mutual person
Somany Evergreen Knits LimitedSurendra Somany and Shrikant Bhat are mutual person
- Kechak Credit & Finvest Pvt Ltd
Surendra Somany and Shrikant Bhat are mutual person
- Sarvopari Investments Pvt Ltd
Surendra Somany and Shrikant Bhat are mutual person
- The Nav Bharat Refrigeration And Industries Limited
Surendra Somany is a mutual person
Charges (Loans)
₹0
₹480.55 Cr
Charges Breakdown by Lending Institutions
- Others : 240.65 Cr
- Invent Assets Securitisation And Reconstruction Private Limited : 89.91 Cr
- Axis Bank Limited : 69.29 Cr
- Idbi Bank Limited : 37.00 Cr
- Industrial Development Bank Of India : 15.00 Cr
- Others : 28.69 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2009 | Axis Bank Limited | ₹2.03 Cr | Satisfied |
| 25 Aug 2009 | Axis Bank Limited | ₹2.26 Cr | Satisfied |
| 25 Aug 2009 | Others | ₹1.10 Cr | Satisfied |
| 25 Aug 2009 | Others | ₹1.38 Cr | Satisfied |
| 25 Aug 2009 | Others | ₹7.91 Cr | Satisfied |
How Many Employees Work at Soma Textiles & Industries?
Soma Textiles & Industries has a workforce of 8 employees as of Mar 21, 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 Soma Textiles & Industries, 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 Soma Textiles & Industries'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.
