Vardhman Yarns And Threads Limited

Manufactures and supplies threads, offers value-added services and has multiple facilities.

2005 | Ludhiana, Punjab (India) | Active
Last Updated: November 15, 2024

Vardhman Yarns And Threads Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 57.01 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 82.50 Cr
  • Satisfied Charges ₹ 268.40 Cr
  • Revenue Growth 8.26%
  • Profit Growth 8.11%
  • Ebitda 3.60%
  • Net Worth 10.07%
  • Total Assets 5.78%

About Vardhman Yarns And Threads

Vardhman Yarns And Threads Limited (VYATL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 February 2005 and has a history of 19 years and 11 months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Vardhman Yarns & Threads 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 60.00 Cr and a paid-up capital of Rs 57.01 Cr.

The company currently has active open charges totaling ₹82.50 Cr. The company has closed loans amounting to ₹268.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vardhman Yarns And Threads Limited India are Tarun Chawla as CFO and Gourav Sharma as Company Secretary. Sandeep Kapur, Rajeev Thapar, Sanjeev Narula, and Six 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

    U17230PB2005PLC027936

  • Company No.

    027936

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 2005

  • Date of AGM

    13 May 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Vardhman Yarns And Threads Limited offer?

Vardhman Yarns And Threads Limited offers a wide range of products and services, including Yarns & Threads, Threads, Cotton Yarn, Industrial Yarn, Textile Yarn, Spun Yarn, Organic Cotton Yarn, Yarn, Blended Yarn, Polyester Thread.

Who are the key members and board of directors at Vardhman Yarns And Threads?

Executive Team (3)

Name Designation Appointment Date Status
Tarun Chawla Country flag representing In CFO 05-Nov-2019 Current
Gourav Sharma Company Secretary 15-Mar-2018 Current
Sanjeev Narula Country flag representing In Managing Director 08-Mar-2021 Current

Board Members (8)

Name Designation Appointment Date Status
Rajeev Thapar Country flag representing In Additional Director 03-Sep-2024 Current
Sandeep Kapur Country flag representing In Director 09-Jul-2021 Current
Edward Jr Country flag representing Us Director 03-Sep-2020 Current
Christopher Plemmons Country flag representing Us Director 08-Feb-2017 Current
Robert Hallett Country flag representing Us Director 01-Sep-2016 Current
Kristen Hughes Country flag representing Us Director 01-Sep-2016 Current

Financial Performance of Vardhman Yarns And Threads.

Vardhman Yarns And Threads Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.26% increase. The company also saw a slight improvement in profitability, with a 8.11% increase in profit. The company's net worth Soared by an impressive increase of 10.07%.

Graph illustrating revenue growth over time
Graph showing 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
8.26%
Revenue from Operations
7.81%
Total Assets
5.78%
Profit or Loss
8.11%
Net Worth
10.07%
EBITDA
3.60%

What is the Ownership and Shareholding Structure of Vardhman Yarns And Threads?

In 2023, Vardhman Yarns And Threads had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹82.50 Cr

Satisfied Charges

₹268.40 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 82.50 Cr

Latest Charge Details

Date Lender Amount Status
07 Jun 2008 State Bank Of India ₹82.50 Cr Open
05 Dec 2016 Others ₹50.00 Cr Satisfied
20 Oct 2014 State Bank Of India ₹47.00 Cr Satisfied
22 Mar 2012 State Bank Of India ₹12.36 Cr Satisfied
20 Sep 2011 State Bank Of India ₹45.00 Cr Satisfied

How Many Employees Work at Vardhman Yarns And Threads?

Vardhman Yarns And Threads has a workforce of 4365 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vardhman Yarns And Threads, 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 Yarns And Threads'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 Vardhman Yarns And Threads

Recent activity within the organization

  • Director Appointment

    Rajeev Thapar was appointed as a Additional Director was appointed as a Additional Director on 03 Sep 2024 & has been associated with this company since 5 months .

    03 Sep 2024

  • Annual General Meeting

    Vardhman Yarns And Threads Limited last Annual general meeting of members was held on 13 May 2024 as per latest MCA records.

    13 May 2024

  • Balance Sheet

    Vardhman Yarns And Threads Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 82.50 Cr registered on 07 Jun 2008 with Charge ID 10105602 was modified on 28 Mar 2023.

    28 Mar 2023

  • Charges

    A charge registered on 05 Dec 2016 via Charge ID 100068229 with Others was fully satisfied on 22 Mar 2022.

    22 Mar 2022

  • Director Appointment

    John Eapen was appointed as a Director was appointed as a Director on 20 Jan 2022 & has been associated with this company since 3 years 13 days .

    20 Jan 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Vardhman Yarns And Threads Limited was incorporated on 04 Feb 2005.

  • The authorized share capital of Vardhman Yarns And Threads Limited is ₹ 60.00 Cr and paid-up capital is ₹ 57.01 Cr.

  • Currently 11 directors are associated with Vardhman Yarns And Threads Limited.

    • Sandeep Kapur
    • Rajeev Thapar
    • Tarun Kumar Chawla
    • Gourav Sharma
    • Sanjeev Narula
    • Edward Elliott Barker Jr
    • Christopher Lance Plemmons
    • Robert Lardner Hallett
    • Kristen Higbee Hughes
    • John Eapen
    • Christopher Randall Alt
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Yarns And Threads Limited is Vardhman Premises Chandigarh Road, India, Ludhiana., Punjab, 141010.

  • The corporate identification number (CIN) of Vardhman Yarns And Threads Limited is U17230PB2005PLC027936 and the company number is 027936 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vardhman Yarns And Threads Limited is https://www.vardhman.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vardhman Yarns And Threads Limited has risen by 8.26%.

  • As Per 2023 financial reports, 4365 employees are currently employed by Vardhman Yarns And Threads Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vardhman Yarns And Threads Limited has experienced an upsurge of 10.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vardhman Yarns And Threads Limited amount to ₹ 82.50 Cr.

  • The most recent Balance Sheet for Vardhman Yarns And Threads Limited was filed with the ROC on 31 Mar 2024.

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