Vardhman Textile Components Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 3.32 Cr
- Company Age 43 Year, 5 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 five 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
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Location
Ludhiana, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29269PB1981PLC004647
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Company No.
004647
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 Aug 1981
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Vardhman Textile Components?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parth Jain
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Whole-Time Director | 01-Apr-2015 | Current |
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Neeraj Jain
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Director | 21-Nov-1996 | Current |
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Deepak Jain
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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%.
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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)
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The Cotton Textiles Export Promotion CouncilNeeraj Jain is a mutual person
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Oswal Castings Private LimitedNeeraj Jain is a mutual person
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Vardhman Textiles LimitedNeeraj Jain is a mutual person
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Vardhman Spinning And General Mills Limited
Neeraj Jain is a mutual person
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Vardhman Apparels Limited
Neeraj Jain is a mutual person
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Sankeshwar Packaging Pvt LtdParth Jain and Deepak Jain are mutual person
Charges (Loans)
₹14.77 Cr
₹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.
