Vardhman Textile Components Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 3.32 Cr
- Company Age 43 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.77 Cr
- Satisfied Charges ₹ 28.91 Cr
- Revenue Growth 2.46%
- Profit Growth -38.80%
- Ebitda -30.87%
- Net Worth 11.64%
- Total Assets -2.58%
About Vardhman Textile Components
Vardhman Textile Components Limited (VTCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 August 1981 and has a history of 43 years and seven months. Its registered office is in Ludhiana, Punjab, India.
The Corporate was formerly known as Vardhman Needles Limited. The Company is engaged in the Packaging 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 3.50 Cr and a paid-up capital of Rs 3.32 Cr.
The company currently has active open charges totaling ₹14.77 Cr. The company has closed loans amounting to ₹28.91 Cr, as per Ministry of Corporate Affairs (MCA) records.
Parth Jain, Deepak Jain, Deepak Jain, and One other member 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
U29269PB1981PLC004647
- Company No.
004647
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Aug 1981
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Packaging
Vardhman Textile Components Limited
Explore comprehensive data for Vardhman Textile Components Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Vardhman Textile Components?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parth Jain  | Whole-Time Director | 01-Apr-2015 | Current |
| Neeraj Jain | Director | 21-Nov-1996 | Current |
| Deepak Jain | Director | 12-Feb-2011 | Current |
Financial Performance of Vardhman Textile Components.
Vardhman Textile Components Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.46% increase. The company also saw a substantial fall in profitability, with a 38.8% decrease in profit. The company's net worth Soared by an impressive increase of 11.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vardhman Textile Components?
In 2022, Vardhman Textile Components had a promoter holding of 95.98% and a public holding of 4.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Cotton Textiles Export Promotion CouncilNeeraj Jain is a mutual person
Oswal Castings Private LimitedNeeraj Jain is a mutual person
Vardhman Textiles LimitedNeeraj Jain is a mutual person
- Vardhman Spinning And General Mills Limited
Neeraj Jain is a mutual person
- Vardhman Apparels Limited
Neeraj Jain is a mutual person
- Sankeshwar Packaging Pvt Ltd
Parth Jain and Deepak Jain are mutual person
Charges (Loans)
Open Charges
₹14.77 Cr
Satisfied Charges
₹28.91 Cr
Charges Breakdown by Lending Institutions
- Others : 14.77 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2022 | Others | ₹5.77 Cr | Open |
| 10 Jan 2022 | Others | ₹9.00 Cr | Open |
| 14 Aug 2019 | Hdfc Bank Limited | ₹14.26 Cr | Satisfied |
| 26 Oct 2015 | Others | ₹13.20 Cr | Satisfied |
| 04 Mar 1999 | Icici Banking Corporation Ltd. | ₹1.45 Cr | Satisfied |
How Many Employees Work at Vardhman Textile Components?
Vardhman Textile Components has a workforce of 37 employees as of Apr 10, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vardhman Textile Components, 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 Vardhman Textile Components's trajectory.
Rating
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
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 Vardhman Textile Components
Recent activity within the organization
- Annual General Meeting
Vardhman Textile Components Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Vardhman Textile Components Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Charges
A charge with Others of Rs. 5.77 Cr registered on 10 Jan 2022 with Charge ID 100525491 was modified on 31 Jan 2022.
- Charges
A charge with Others of Rs. 9.00 Cr registered on 10 Jan 2022 with Charge ID 100525492 was modified on 31 Jan 2022.
- Charges
A charge with Others amounted to Rs. 5.77 Cr with Charge ID 100525491 was registered on 10 Jan 2022.
- Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100525492 was registered on 10 Jan 2022.
Frequently asked questions
What is the Incorporation or founding date of Vardhman Textile Components Limited?
Vardhman Textile Components Limited was incorporated on 20 Aug 1981.
What is authorized share capital and paid-up capital of Vardhman Textile Components Limited?
The authorized share capital of Vardhman Textile Components Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.32 Cr.
Who are the current board members & directors of Vardhman Textile Components Limited?
Currently 4 directors are associated with Vardhman Textile Components Limited.
- Parth Jain
- Deepak Jain
- Deepak Jain
- Neeraj Jain
What is the registered address of Vardhman Textile Components Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Textile Components Limited is Village Bholapur P.O. Sahabana Chandigarh Road, Ludhiana, Punjab, India, 141123.
What is the corporate identification number (CIN) and company number of Vardhman Textile Components Limited?
The corporate identification number (CIN) of Vardhman Textile Components Limited is U29269PB1981PLC004647 and the company number is 004647 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vardhman Textile Components Limited?
The Official website of Vardhman Textile Components Limited is https://www.vtcl.in
What has been the recent revenue trend for Vardhman Textile Components Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Vardhman Textile Components Limited has risen by 2.46%.
How many employees does Vardhman Textile Components Limited currently have?
As Per 2023 financial reports, 37 employees are currently employed by Vardhman Textile Components Limited.
What change has been observed in the net worth of Vardhman Textile Components Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vardhman Textile Components Limited has experienced an upsurge of 11.64%.
What are the total open charges for Vardhman Textile Components Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Vardhman Textile Components Limited amount to ₹ 14.77 Cr.
When was the last Balance Sheet of Vardhman Textile Components Limited filed with the ROC?
The most recent Balance Sheet for Vardhman Textile Components Limited was filed with the ROC on 31 Mar 2023.
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