Vallabh Textiles Company Limited

Manufacturer of terry towels and bath robes, exporting to global markets with established customer base.

2002 | Ludhiana, Punjab (India) | Active
Last Updated:

Vallabh Textiles Company Profile

Key Indicators

  • Authorised Capital ₹ 31.00 Cr
  • Paid Up Capital ₹ 31.00 Cr
  • Company Age 22 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 282.33 Cr
  • Satisfied Charges ₹ 26.10 Cr
  • Revenue Growth -5.46%
  • Profit Growth 41.89%
  • Ebitda 180.55%
  • Net Worth -7.74%
  • Total Assets -5.62%

About Vallabh Textiles Company

Vallabh Textiles Company Limited (VTCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 June 2002 and has a history of 22 years and nine months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Vallabh Garment Company 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 31.00 Cr and a paid-up capital of Rs 31.00 Cr.

The company currently has active open charges totaling ₹282.33 Cr. The company has closed loans amounting to ₹26.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vallabh Textiles Company Limited India are Pooja Kohli as COMPANY SECRETARY and Trilochan Bansal as Cfo. Ashwani Kumar, Vivek Raheja, Varun Mangla, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101PB2002PLC025217

  • Company No.

    025217

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 2002

  • Date of AGM

    30 Nov 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing
Company report

Vallabh Textiles Company Limited

Explore comprehensive data for Vallabh Textiles Company Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Vallabh Textiles Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Pooja Kohli Company Secretary01-Mar-2024Current
Trilochan Bansal CFO29-Nov-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Varun Mangla Country flag representing In Additional Director 03-Feb-2024Current
Vivek Raheja Country flag representing In Additional Director 15-Jan-2024Current
Ashwani Kumar Country flag representing In Additional Director 15-Jan-2024Current
Surinder Babbar Country flag representing In Additional Director 03-Feb-2024Current
Manan Gakhar Country flag representing In Additional Director 03-Feb-2024Current
Naman Country flag representing In Additional Director 03-Feb-2024Current

Financial Performance of Vallabh Textiles Company.

Vallabh Textiles Company Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 5.46% decrease. The company also saw a substantial improvement in profitability, with a 41.89% increase in profit. The company's net worth dipped by a decrease of 7.74%.

Vallabh Textiles Company revenue growth over time
Vallabh Textiles Company 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
-5.46%
Revenue from Operations
-5.03%
Total Assets
-5.62%
Profit or Loss
41.89%
Net Worth
-7.74%
EBITDA
180.55%

What is the Ownership and Shareholding Structure of Vallabh Textiles Company?

In 2021, Vallabh Textiles Company had a promoter holding of 97.64% and a public holding of 2.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹282.33 Cr

Satisfied Charges

₹26.10 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 201.60 Cr
  • The Karur Vysya Bank Limited : 22.29 Cr
  • Punjab & Sind Bank : 22.00 Cr
  • Others : 18.50 Cr
  • Indian Overseas Bank : 15.00 Cr
  • Others : 2.94 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2017Others₹10.00 CrOpen
01 Mar 2017Others₹5.00 CrOpen
10 Feb 2016Others₹3.50 CrOpen
14 Mar 2015Punjab National Bank₹10.00 CrOpen
24 Nov 2011Canara Bank₹2.94 CrOpen

How Many Employees Work at Vallabh Textiles Company?

Vallabh Textiles Company has a workforce of 50 employees as of Apr 07, 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.

Employee growth trends for Vallabh Textiles Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vallabh Textiles Company, 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 Vallabh Textiles Company'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 Vallabh Textiles Company

Recent activity within the organization

  • Annual General Meeting

    Vallabh Textiles Company Limited last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records.

  • Director Appointment

    Trilochan Singh Bansal was appointed as a Cfo was appointed as a Cfo on 29 Nov 2024 & has been associated with this company since 4 months 13 days .

  • Balance Sheet

    Vallabh Textiles Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Pooja Kohli was appointed as a Company Secretary was appointed as a Company Secretary on 01 Mar 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Varun Mangla was appointed as a Additional Director was appointed as a Additional Director on 03 Feb 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Surinder Babbar was appointed as a Additional Director was appointed as a Additional Director on 03 Feb 2024 & has been associated with this company since 1 year 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Vallabh Textiles Company Limited?

    Vallabh Textiles Company Limited was incorporated on 18 Jun 2002.

  • What is authorized share capital and paid-up capital of Vallabh Textiles Company Limited?

    The authorized share capital of Vallabh Textiles Company Limited is ₹ 31.00 Cr and paid-up capital is ₹ 31.00 Cr.

  • Who are the current board members & directors of Vallabh Textiles Company Limited?

    Currently 8 directors are associated with Vallabh Textiles Company Limited.

    • Pooja Kohli
    • Ashwani Kumar
    • Vivek Raheja
    • Varun Mangla
    • Surinder Babbar
    • Manan Gakhar
    • Naman
    • Trilochan Singh Bansal

  • What is the registered address of Vallabh Textiles Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vallabh Textiles Company Limited is 1 Vallabh Textiles Dehlon Road Vill. Bhagwanpura India, Ludhiana (East), Punjab, 141120.

  • What is the corporate identification number (CIN) and company number of Vallabh Textiles Company Limited?

    The corporate identification number (CIN) of Vallabh Textiles Company Limited is U18101PB2002PLC025217 and the company number is 025217 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vallabh Textiles Company Limited?

    The Official website of Vallabh Textiles Company Limited is https://www.vtcl.co.in

  • What has been the recent revenue trend for Vallabh Textiles Company Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Vallabh Textiles Company Limited has fallen by -5.46%.

  • How many employees does Vallabh Textiles Company Limited currently have?

    As Per 2021 financial reports, 50 employees are currently employed by Vallabh Textiles Company Limited.

  • What change has been observed in the net worth of Vallabh Textiles Company Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Vallabh Textiles Company Limited has experienced an downturn of -7.74%.

  • What are the total open charges for Vallabh Textiles Company Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Vallabh Textiles Company Limited amount to ₹ 282.33 Cr.

  • When was the last Balance Sheet of Vallabh Textiles Company Limited filed with the ROC?

    The most recent Balance Sheet for Vallabh Textiles Company Limited was filed with the ROC on 31 Mar 2024.

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