Sunflag Filaments Limited

Manufactures yarn, fabrics, and home furnishings as a part of a closely held public limited company.

1988 | Valsad, Gujarat (India) | Active
Last Updated:

Sunflag Filaments Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 9.93 Cr
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.10 Cr
  • Satisfied Charges ₹ 32.91 Cr
  • Revenue Growth -42.64%
  • Profit Growth -320.55%
  • Ebitda -506.89%
  • Net Worth -13.24%
  • Total Assets -12.30%

About Sunflag Filaments

Sunflag Filaments Limited (SFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 May 1988 and has a history of 36 years and ten months. Its registered office is in Valsad, Gujarat, India.

The Corporate was formerly known as Sunflag Filaments 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 2024. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 9.93 Cr.

The company currently has active open charges totaling ₹7.10 Cr. The company has closed loans amounting to ₹32.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sunflag Filaments Limited India are Vimal Lohia as CFO and Amrita Sogani as Company Secretary. Anju Ganeriwal, Satyanarayan Agarwal, Sandiip Agarwwal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17119DN1988PLC000048

  • Company No.

    000048

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 May 1988

  • Date of AGM

    19 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Sunflag Filaments?

Executive Team (3)

NameDesignationAppointment DateStatus
Sandiip Agarwwal Country flag representing In Managing Director01-Aug-1994Current
Vimal Lohia Country flag representing In CFO01-Apr-2019Current
Amrita Sogani Country flag representing In Company Secretary01-Jun-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Anju Ganeriwal Country flag representing In Director 30-Mar-2015Current
Satyanarayan Agarwal Country flag representing In Director 13-May-1988Current
Rajkumar Agarwal Country flag representing In Director 13-May-1988Current
Ankitkumar Ganeriwal Country flag representing In Director 30-Mar-2015Current

Financial Performance of Sunflag Filaments.

Sunflag Filaments Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.64% decrease. The company also saw a substantial fall in profitability, with a 320.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.24%.

Sunflag Filaments revenue growth over time
Sunflag Filaments 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
-42.64%
Revenue from Operations
-42.95%
Total Assets
-12.30%
Profit or Loss
-320.55%
Net Worth
-13.24%
EBITDA
-506.89%

What is the Ownership and Shareholding Structure of Sunflag Filaments?

In 2023, Sunflag Filaments had a promoter holding of 83.96% and a public holding of 16.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.10 Cr

Satisfied Charges

₹32.91 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.78 Cr
  • Gujrat Industrial Investment Corporation Ltd. : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2000State Bank Of India₹6.78 CrOpen
17 Apr 1989Gujrat Industrial Investment Corporation Ltd.₹3.20 MOpen
08 Sep 2011State Bank Of India₹2.40 CrSatisfied
21 Mar 2011State Bank Of India₹2.40 CrSatisfied
17 May 2004State Bank Of India₹6.78 CrSatisfied

How Many Employees Work at Sunflag Filaments?

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

Employee growth trends for Sunflag Filaments Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sunflag Filaments, 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 Sunflag Filaments'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 Sunflag Filaments

Recent activity within the organization

  • Annual General Meeting

    Sunflag Filaments Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Sunflag Filaments Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 08 Sep 2011 via Charge ID 10314868 with State Bank Of India was fully satisfied on 20 Apr 2017.

  • Charges

    A charge registered on 17 May 2004 via Charge ID 90096898 with State Bank Of India was fully satisfied on 20 Apr 2017.

  • Charges

    A charge with State Bank Of India of Rs. 6.78 Cr registered on 17 May 2004 with Charge ID 90096898 was modified on 04 Aug 2016.

  • Charges

    A charge with State Bank Of India of Rs. 6.78 Cr registered on 07 Mar 2000 with Charge ID 90101997 was modified on 04 Aug 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Sunflag Filaments Limited?

    Sunflag Filaments Limited was incorporated on 13 May 1988.

  • What is authorized share capital and paid-up capital of Sunflag Filaments Limited?

    The authorized share capital of Sunflag Filaments Limited is ₹ 11.00 Cr and paid-up capital is ₹ 9.93 Cr.

  • Who are the current board members & directors of Sunflag Filaments Limited?

    Currently 7 directors are associated with Sunflag Filaments Limited.

    • Anju Ganeriwal
    • Satyanarayan Hiralal Agarwal
    • Sandiip Satyanarayan Agarwwal
    • Rajkumar Satyanarayan Agarwal
    • Ankitkumar Ganeriwal
    • Vimal Kumar Ramniwas Lohia
    • Amrita Sogani
  • What is the registered address of Sunflag Filaments Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sunflag Filaments Limited is Plot No. 27 & 28 Silvassa Industrial Csl, 66 Kva Road Amil, Dadra & Nagar Haveli, India, 396230.

  • What is the corporate identification number (CIN) and company number of Sunflag Filaments Limited?

    The corporate identification number (CIN) of Sunflag Filaments Limited is L17119DN1988PLC000048 and the company number is 000048 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sunflag Filaments Limited?

    The Official website of Sunflag Filaments Limited is https://www.svgindia.com

  • What has been the recent revenue trend for Sunflag Filaments Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sunflag Filaments Limited has fallen by -42.64%.

  • What change has been observed in the net worth of Sunflag Filaments Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sunflag Filaments Limited has experienced an downturn of -13.24%.

  • What are the total open charges for Sunflag Filaments Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sunflag Filaments Limited amount to ₹ 7.10 Cr.

  • When was the last Balance Sheet of Sunflag Filaments Limited filed with the ROC?

    The most recent Balance Sheet for Sunflag Filaments Limited was filed with the ROC on 31 Mar 2024.

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