Sri Bhagirath Textiles Limited

Textile company specializing in cotton and viscose yarn trading and spinning.

1991 | Nagpur, Maharashtra (India) | Active
Last Updated: January 03, 2025

Sri Bhagirath Textiles Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 26.31 Cr
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 366.47 Cr
  • Satisfied Charges ₹ 403.34 Cr
  • Revenue Growth 81.51%
  • Profit Growth 260.65%
  • Ebitda 26.47%
  • Net Worth 25.04%
  • Total Assets 5.51%

About Sri Bhagirath Textiles

Sri Bhagirath Textiles Limited (SBTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 February 1991 and has a history of 33 years and 11 months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Bhagirath Textiles Industries Private Limited. 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 30.00 Cr and a paid-up capital of Rs 26.31 Cr.

The company currently has active open charges totaling ₹366.47 Cr. The company has closed loans amounting to ₹403.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sri Bhagirath Textiles Limited India are Praveen Rander as CFO and Jaya Mehadiya as Company Secretary. Manali Rander, Mrudul Gattani, Praveen Rander, and Two other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17100MH1991PLC060542

  • Company No.

    060542

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Sri Bhagirath Textiles Limited offer?

Sri Bhagirath Textiles Limited offers a wide range of products and services, including Yarns & Threads, Embroidery Threads, Textile Yarn, Cotton Yarn, Viscose Yarn, Natural Fiber Yarns, Apparel Fabrics & Clothing Textiles, Cotton Textile, Synthetic Yarn.

Who are the key members and board of directors at Sri Bhagirath Textiles?

Executive Team (3)

NameDesignationAppointment DateStatus
Praveen Rander Country flag representing In CFO06-Nov-2007Current
Jaya Mehadiya Company Secretary02-May-2022Current
Ramesh Rander Country flag representing In Managing Director27-Feb-1991Current

Board Members (3)

NameDesignationAppointment DateStatus
Manali Rander Country flag representing In Director 30-Sep-2016Current
Mrudul Gattani Country flag representing In Director 31-Oct-2020Current
Anand Garodia Country flag representing In Director 07-Jun-2021Current

Financial Performance of Sri Bhagirath Textiles.

Sri Bhagirath Textiles Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 81.51% increase. The company also saw a substantial improvement in profitability, with a 260.65% increase in profit. The company's net worth Soared by an impressive increase of 25.04%.

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
81.51%
Revenue from Operations
83.66%
Total Assets
5.51%
Profit or Loss
260.65%
Net Worth
25.04%
EBITDA
26.47%

What is the Ownership and Shareholding Structure of Sri Bhagirath Textiles?

In 2022, Sri Bhagirath Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹366.47 Cr

Satisfied Charges

₹403.34 Cr

Charges Breakdown by Lending Institutions

  • Others : 268.88 Cr
  • Hdfc Bank Limited : 67.59 Cr
  • State Bank Of India : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Oct 2023Hdfc Bank Limited₹2.77 MOpen
25 Jun 2023Hdfc Bank Limited₹1.35 MOpen
20 Jun 2023Hdfc Bank Limited₹5.72 MOpen
13 Jun 2023Hdfc Bank Limited₹9.94 MOpen
28 May 2023Hdfc Bank Limited₹2.80 MOpen

How Many Employees Work at Sri Bhagirath Textiles?

Sri Bhagirath Textiles has a workforce of 604 employees as of Apr 03, 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 Sri Bhagirath Textiles, 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 Sri Bhagirath Textiles'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 Sri Bhagirath Textiles

Recent activity within the organization

  • Charges

    A charge registered on 14 Jan 2011 via Charge ID 10265326 with Others was fully satisfied on 07 Oct 2024.

    07 Oct 2024

  • Charges

    A charge registered on 28 Jul 1997 via Charge ID 90163577 with Others was fully satisfied on 07 Oct 2024.

    07 Oct 2024

  • Charges

    A charge with Others of Rs. 87.00 Cr registered on 03 Jun 2022 with Charge ID 100587644 was modified on 22 Jul 2024.

    22 Jul 2024

  • Charges

    A charge registered on 16 Apr 2020 via Charge ID 100339698 with Others was fully satisfied on 11 Jun 2024.

    11 Jun 2024

  • Charges

    A charge with Others of Rs. 121.38 Cr registered on 16 Sep 2022 with Charge ID 100611039 was modified on 06 Mar 2024.

    06 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100800284 was registered on 12 Oct 2023.

    12 Oct 2023

Frequently asked questions

  • Sri Bhagirath Textiles Limited was incorporated on 27 Feb 1991.

  • The authorized share capital of Sri Bhagirath Textiles Limited is ₹ 30.00 Cr and paid-up capital is ₹ 26.31 Cr.

  • Currently 7 directors are associated with Sri Bhagirath Textiles Limited.

    • Manali Rohit Rander
    • Mrudul Gattani
    • Praveen Madhusudan Rander
    • Jaya Vinod Mehadiya
    • Praveen Madhusudan Rander
    • Ramesh Bhagirath Rander
    • Anand Harikishan Garodia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Bhagirath Textiles Limited is Plot No. 84 Sarvodaya Cloth Market, Gandhibagh India, Nagpur, Maharashtra, 440002.

  • The corporate identification number (CIN) of Sri Bhagirath Textiles Limited is U17100MH1991PLC060542 and the company number is 060542 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sri Bhagirath Textiles Limited is https://www.sbtlindia.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sri Bhagirath Textiles Limited has risen by 81.51%.

  • As Per 2021 financial reports, 604 employees are currently employed by Sri Bhagirath Textiles Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sri Bhagirath Textiles Limited has experienced an upsurge of 25.04%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Sri Bhagirath Textiles Limited amount to ₹ 366.47 Cr.

  • The most recent Balance Sheet for Sri Bhagirath Textiles Limited was filed with the ROC on 31 Mar 2023.

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