Swastik Textile Engineers Private Limited

Swastik Textile Engineers Private Limited

Manufactures textile machines and parts for global export.
1946 | Ahmedabad, Gujarat (India) | Active

Last Updated:

December 16, 2024
HomeCompanySwastik Textile Engineers Private Limited

Who are the key members and board of directors at Swastik Textile Engineers?

Executive Team (1)

NameDesignationAppointment DateStatus
Suryakant Mehta InManaging Director31-Dec-1962Current

Board Members(4)

NameDesignationAppointment DateStatus
Asit Mehta In Director 01-Oct-2008Current
Sanjit Mehta In Whole-Time Director 01-Oct-2012Current
Rashmi Mehta In Director 26-Aug-1992Current
Amit Mehta In Director 26-Aug-1992Current

Financial Performance and Corporate Structure Insights of Swastik Textile Engineers.

Swastik Textile Engineers Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 15.58% decrease. The company also saw a substantial improvement in profitability, with a 147.18% increase in profit. The company's net worth Soared by an impressive increase of 49.72%.

Revenue Growth Graph
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  • 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
-15.58%
Revenue from Operations
-15.41%
Total Assets
-13.28%
Profit or Loss
147.18%
Net Worth
49.72%
EBITDA
-81.33%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹55.00 M

₹4.30 M

LenderAmountStatus

Bank Of India

Creation Date: 25 Mar 2000
₹2.16 CrOpen

Kotak Mahindra Primus Ltd.

Creation Date: 25 Mar 2000
₹1.04 CrOpen

Bank Of India

Creation Date: 11 Aug 1988
₹2.31 CrOpen

How Many Employees Work at Swastik Textile Engineers?

Swastik Textile Engineers has a workforce of 53 employees as of Mar 29, 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.

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Latest Updates, News, and FAQs on Swastik Textile Engineers

Recent activity within the organization

  • Charges

    A charge with Bank Of India of Rs. 23.05 M registered on 11 Aug 1988 with Charge ID 90102774 was modified on 17 Oct 2023.

    17 Oct 2023

  • Annual General Meeting

    Swastik Textile Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Swastik Textile Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Bank Of India of Rs. 21.60 M registered on 25 Mar 2000 with Charge ID 90103192 was modified on 07 Sep 2020.

    07 Sep 2020

  • Charges

    A charge registered on 10 Jan 2018 via Charge ID 100152636 with Bank Of India was fully satisfied on 05 Mar 2019.

    05 Mar 2019

  • Charges

    A charge registered on 30 Sep 2003 via Charge ID 90103547 with Kotak Mahindra Primus Ltd. was fully satisfied on 18 Jan 2018.

    18 Jan 2018

Frequently asked questions

  • Swastik Textile Engineers Private Limited was incorporated on 22 Apr 1946.

  • The authorized share capital of Swastik Textile Engineers Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Currently 5 directors are associated with Swastik Textile Engineers Private Limited.

    • Asit Suryakant Mehta
    • Sanjit Suryakant Mehta
    • Rashmi Mehta
    • Suryakant Purshottamdas Mehta
    • Amit Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Textile Engineers Private Limited is Swastik Premises Amraiwadi India, Ahmedabad, Gujarat, 380026.

  • The corporate identification number (CIN) of Swastik Textile Engineers Private Limited is U51909GJ1946PTC000226 and the company number is 000226 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swastik Textile Engineers Private Limited is https://www.swastiktextile.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Swastik Textile Engineers Private Limited has fallen by -15.58%.

  • As Per 2022 financial reports, 53 employees are currently employed by Swastik Textile Engineers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Swastik Textile Engineers Private Limited has experienced an upsurge of 49.72%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Swastik Textile Engineers Private Limited amount to ₹ 5.50 Cr.

  • The most recent Balance Sheet for Swastik Textile Engineers Private Limited was filed with the ROC on 31 Mar 2023.

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