West Bengal Agro Textile Corporation Ltd

Manufactures jute products and operates spinning and textile mills in West Bengal.

1973 | Howrah, West Bengal (India) | Active
Last Updated:

West Bengal Agro Textile Corporation Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 9.01 Cr
  • Company Age 52 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.45 Cr
  • Satisfied Charges ₹ 6.26 Cr
  • Revenue Growth -66.11%
  • Profit Growth 15.47%
  • Ebitda 7.83%
  • Net Worth 11.46%
  • Total Assets 0.86%

About West Bengal Agro Textile Corporation

West Bengal Agro Textile Corporation Ltd (WBATCL) was founded in India on 19 March 1973 and has a glorious history of 52 years and one month. Its registered office is in Howrah, West Bengal, India.

The Corporate was formerly known as West Bengal State Textile Corporation Ltd. 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 12.00 Cr and a paid-up capital of Rs 9.01 Cr.

The company currently has active open charges totaling ₹9.45 Cr. The company has closed loans amounting to ₹6.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinod Bagaria, Mahesh Sikhwal, Kanisk Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51211WB1973SGC028732

  • Company No.

    028732

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    19 Mar 1973

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing
Company report

West Bengal Agro Textile Corporation Ltd

Explore comprehensive data for West Bengal Agro Textile Corporation Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at West Bengal Agro Textile Corporation?

Board Members (4)

NameDesignationAppointment DateStatus
Vinod Bagaria Country flag representing In Director 14-Jul-2022Current
Mahesh Sikhwal Country flag representing In Director 25-Feb-2023Current
Kanisk Shah Country flag representing In Director 25-Feb-2023Current
Dev Bagaria Country flag representing In Director 14-Jul-2022Current

Financial Performance of West Bengal Agro Textile Corporation.

West Bengal Agro Textile Corporation Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 66.11% decrease. The company also saw a substantial improvement in profitability, with a 15.47% increase in profit. The company's net worth Soared by an impressive increase of 11.46%.

West Bengal Agro Textile Corporation revenue growth over time
West Bengal Agro Textile Corporation 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
-66.11%
Revenue from Operations
-66.12%
Total Assets
0.86%
Profit or Loss
15.47%
Net Worth
11.46%
EBITDA
7.83%

What is the Ownership and Shareholding Structure of West Bengal Agro Textile Corporation?

In 2022, West Bengal Agro Textile Corporation had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.45 Cr

Satisfied Charges

₹6.26 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 5.25 Cr
  • Others : 4.20 Cr

Latest Charge Details

DateLenderAmountStatus
07 Aug 2023Others₹4.20 CrOpen
31 Jan 2014Axis Bank Limited₹5.25 CrOpen
05 Mar 2008State Bank Of India₹3.13 CrSatisfied
05 Mar 2008State Bank Of India₹3.13 CrSatisfied

How Many Employees Work at West Bengal Agro Textile Corporation?

West Bengal Agro Textile Corporation has a workforce of 7 employees as of Apr 05, 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 West Bengal Agro Textile Corporation Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of West Bengal Agro Textile Corporation, 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 West Bengal Agro Textile Corporation'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 West Bengal Agro Textile Corporation

Recent activity within the organization

  • Annual General Meeting

    West Bengal Agro Textile Corporation Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 4.20 Cr registered on 07 Aug 2023 with Charge ID 100760981 was modified on 22 May 2024.

  • Balance Sheet

    West Bengal Agro Textile Corporation Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Others amounted to Rs. 4.20 Cr with Charge ID 100760981 was registered on 07 Aug 2023.

  • Director Appointment

    Mahesh Kumar Sikhwal was appointed as a Director was appointed as a Director on 25 Feb 2023 & has been associated with this company since 2 years 2 months .

  • Director Appointment

    Kanisk Shah was appointed as a Director was appointed as a Director on 25 Feb 2023 & has been associated with this company since 2 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of West Bengal Agro Textile Corporation Ltd?

    West Bengal Agro Textile Corporation Ltd was incorporated on 19 Mar 1973.

  • What is authorized share capital and paid-up capital of West Bengal Agro Textile Corporation Ltd?

    The authorized share capital of West Bengal Agro Textile Corporation Ltd is ₹ 12.00 Cr and paid-up capital is ₹ 9.01 Cr.

  • Who are the current board members & directors of West Bengal Agro Textile Corporation Ltd?

    Currently 4 directors are associated with West Bengal Agro Textile Corporation Ltd.

    • Vinod Kumar Bagaria
    • Mahesh Kumar Sikhwal
    • Kanisk Shah
    • Dev Bagaria

  • What is the registered address of West Bengal Agro Textile Corporation Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of West Bengal Agro Textile Corporation Ltd is 777/1 Sarat Chatterjee Road Nirmala Apartment India, Bally Jagachha, West Bengal, 711104.

  • What is the corporate identification number (CIN) and company number of West Bengal Agro Textile Corporation Ltd?

    The corporate identification number (CIN) of West Bengal Agro Textile Corporation Ltd is U51211WB1973SGC028732 and the company number is 028732 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for West Bengal Agro Textile Corporation Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for West Bengal Agro Textile Corporation Ltd has fallen by -66.11%.

  • How many employees does West Bengal Agro Textile Corporation Ltd currently have?

    As Per 2022 financial reports, 7 employees are currently employed by West Bengal Agro Textile Corporation Ltd.

  • What change has been observed in the net worth of West Bengal Agro Textile Corporation Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of West Bengal Agro Textile Corporation Ltd has experienced an upsurge of 11.46%.

  • What are the total open charges for West Bengal Agro Textile Corporation Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for West Bengal Agro Textile Corporation Ltd amount to ₹ 9.45 Cr.

  • When was the last Balance Sheet of West Bengal Agro Textile Corporation Ltd filed with the ROC?

    The most recent Balance Sheet for West Bengal Agro Textile Corporation Ltd was filed with the ROC on 31 Mar 2024.

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