Spice Island Apparels Limited logo

Spice Island Apparels Limited

Manufacturer and exporter of woven and knitted garments, with investments in equity and mutual funds.
1988 | Mumbai, Maharashtra (India) | Active

Last Updated:

December 26, 2023
HomeCompanySpice Island Apparels Limited

Who are the key members and board of directors at Spice Island Apparels?

Executive Team (2)

NameDesignationAppointment DateStatus
Sandeep KhedekarCFO14-Feb-2020Current
Surbhi PachoriCompany Secretary15-Feb-2023Current

Board Members(4)

NameDesignationAppointment DateStatus
Shikha Sethia In Additional Director Current
Umesh Katre In Director 01-Nov-2009Current
Shivanand Hemmady In Additional Director Current
Sandeep Merchant In Additional Director Current

Financial Performance and Corporate Structure Insights of Spice Island Apparels.

Spice Island Apparels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 61.27% decrease. The company also saw a substantial improvement in profitability, with a 90.71% increase in profit. The company's net worth observed a substantial decline by a decrease of 20.01%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-61.27%
Revenue from Operations
-67.91%
Total Assets
-44.80%
Profit or Loss
90.71%
Net Worth
-20.01%
EBITDA
81.69%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹8.04 Cr

LenderAmountStatus

Others

Creation Date: 31 Jul 2020
₹3.10 MSatisfied

Others

Creation Date: 16 Aug 2016
₹2.50 MSatisfied

Kotak Mahindra Prime Limited

Creation Date: 10 Sep 2015
₹3.50 MSatisfied

How Many Employees Work at Spice Island Apparels?

Unlock and access historical data on people associated with Spice Island Apparels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Spice Island Apparels

Recent activity within the organization

  • Annual General Meeting

    Spice Island Apparels Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Spice Island Apparels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 27 Jun 1999 via Charge ID 90240591 with Vijaya Bank was fully satisfied on 07 Oct 2022.

    07 Oct 2022

  • Charges

    A charge registered on 27 Jun 1989 via Charge ID 90225683 with Vijaya Bank was fully satisfied on 07 Oct 2022.

    07 Oct 2022

  • Charges

    A charge registered on 31 Jul 2020 via Charge ID 100360504 with Others was fully satisfied on 19 Aug 2022.

    19 Aug 2022

  • Charges

    A charge registered on 16 Aug 2016 via Charge ID 100052126 with Others was fully satisfied on 22 Jun 2021.

    22 Jun 2021

Frequently asked questions

  • Spice Island Apparels Limited was incorporated on 23 Dec 1988.

  • The authorized share capital of Spice Island Apparels Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.30 Cr.

  • Currently 6 directors are associated with Spice Island Apparels Limited.

    • Umesh Mohan Katre
    • Shivanand Rama Hemmady
    • Sandeep Jamnadas Merchant
    • Shikha Sethia
    • Sandeep Vishwanath Khedekar
    • Surbhi Pachori
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spice Island Apparels Limited is Unit 3043-3048 3Rd Fl Bhandup Industrial Estate, Pannalal Silk Mills Compd L.B.S. Marg Bhandup-W, Mumbai, Maharashtra, India, 400078.

  • The corporate identification number (CIN) of Spice Island Apparels Limited is L17121MH1988PLC050197 and the company number is 050197 as per Ministry of Corporate Affairs (MCA).

  • Yes, Spice Island Apparels Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Spice Island Apparels Limited is https://www.spiceislandsindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spice Island Apparels Limited has fallen by -61.27%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spice Island Apparels Limited has experienced an downturn of -20.01%.

  • The most recent Balance Sheet for Spice Island Apparels Limited was filed with the ROC on 31 Mar 2023.

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