Western India Cottons Limited

Manufactures cotton fabrics and offers warehousing and logistic services.

1954 | Kannur, Kerala (India) | Active
Last Updated:

Western India Cottons Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.93 Cr
  • Company Age 70 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 19.51 Cr
  • Revenue Growth 19.50%
  • Profit Growth 57.06%
  • Ebitda 20.72%
  • Net Worth 14.13%
  • Total Assets 17.98%

About Western India Cottons

Western India Cottons Limited (WICL) was founded in India on 06 September 1954 and has a glorious history of 70 years and eight months. Its registered office is in Kannur, Kerala, India.

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 6.00 Cr and a paid-up capital of Rs 4.93 Cr.

The company has closed loans amounting to ₹19.51 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Western India Cottons Limited India are Suneed Hashir as CFO and Premarajan Priyanga as Company Secretary. Thottinakaththuruthinakat Puthiyapurayil, Ammunje Shetty, Shameem Kottal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kannur, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17115KL1954PLC001709

  • Company No.

    001709

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Sep 1954

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing
Financial Services
Company report

Western India Cottons Limited

Explore comprehensive data for Western India Cottons Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Western India Cottons?

Executive Team (3)

NameDesignationAppointment DateStatus
Shameem Kottal Country flag representing In Managing Director01-Oct-1980Current
Suneed Hashir Country flag representing In CFO01-Jan-2015Current
Premarajan Priyanga Company Secretary09-Aug-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Thottinakaththuruthinakat Puthiyapurayil Country flag representing In Director 31-Jan-2012Current
Ammunje Shetty Country flag representing In Director 13-Jan-2007Current
Arinhal Sherif Country flag representing In Director 31-Jul-2006Current
Kotacherry Shenoy Country flag representing In Director 06-Sep-2024Current
Nadeera Shameem Country flag representing In Director 31-Mar-2015Current

Financial Performance of Western India Cottons.

Western India Cottons Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.5% increase. The company also saw a substantial improvement in profitability, with a 57.06% increase in profit. The company's net worth Soared by an impressive increase of 14.13%.

Western India Cottons revenue growth over time
Western India Cottons 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
19.50%
Revenue from Operations
27.79%
Total Assets
17.98%
Profit or Loss
57.06%
Net Worth
14.13%
EBITDA
20.72%

What is the Ownership and Shareholding Structure of Western India Cottons?

In 2023, Western India Cottons had a promoter holding of 70.78% and a public holding of 29.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹19.51 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 11.08 Cr
  • Industrial Dev. Bank Of India : 4.36 Cr
  • The Industrial Development Bank Of India : 3.45 Cr
  • The State Bank Of Travancore : 0.62 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jun 2002Canara Bank₹3.75 MSatisfied
24 Oct 1997Canara Bank₹10.70 CrSatisfied
06 Nov 1995The Industrial Development Bank Of India₹3.45 CrSatisfied
06 Nov 1995Industrial Dev. Bank Of India₹9.00 MSatisfied
24 Oct 1994Industrial Dev. Bank Of India₹1.00 CrSatisfied

How Many Employees Work at Western India Cottons?

Western India Cottons has a workforce of 6 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 Western India Cottons Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Western India Cottons, 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 Western India Cottons'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 Western India Cottons

Recent activity within the organization

  • Annual General Meeting

    Western India Cottons Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Kotacherry Ramdas Shenoy was appointed as a Director was appointed as a Director on 06 Sep 2024 & has been associated with this company since 8 months 7 days .

  • Director Appointment

    Premarajan Priyanga was appointed as a Company Secretary was appointed as a Company Secretary on 09 Aug 2024 & has been associated with this company since 9 months 5 days .

  • Balance Sheet

    Western India Cottons Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

  • Director Appointment

    Nadeera Shameem was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 10 years 1 month .

  • Director Appointment

    Thottinakaththuruthinakat Mahamood Puthiyapurayil was appointed as a Director was appointed as a Director on 31 Jan 2012 & has been associated with this company since 13 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Western India Cottons Limited?

    Western India Cottons Limited was incorporated on 06 Sep 1954.

  • What is authorized share capital and paid-up capital of Western India Cottons Limited?

    The authorized share capital of Western India Cottons Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.93 Cr.

  • Who are the current board members & directors of Western India Cottons Limited?

    Currently 8 directors are associated with Western India Cottons Limited.

    • Thottinakaththuruthinakat Mahamood Puthiyapurayil
    • Ammunje Guthu Ramachandra Shetty
    • Shameem Puthiya Kottal
    • Arinhal Karuvan Sherif
    • Kotacherry Ramdas Shenoy
    • Suneed Hashir
    • Premarajan Priyanga
    • Nadeera Shameem

  • What is the registered address of Western India Cottons Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Western India Cottons Limited is Pappinisseri P.O India, Cannanore, Kerala, 670561.

  • What is the corporate identification number (CIN) and company number of Western India Cottons Limited?

    The corporate identification number (CIN) of Western India Cottons Limited is L17115KL1954PLC001709 and the company number is 001709 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Western India Cottons Limited?

    The Official website of Western India Cottons Limited is https://www.westernindiacottons.com

  • What has been the recent revenue trend for Western India Cottons Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Western India Cottons Limited has risen by 19.50%.

  • How many employees does Western India Cottons Limited currently have?

    As Per 2023 financial reports, 6 employees are currently employed by Western India Cottons Limited.

  • What change has been observed in the net worth of Western India Cottons Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Western India Cottons Limited has experienced an upsurge of 14.13%.

  • When was the last Balance Sheet of Western India Cottons Limited filed with the ROC?

    The most recent Balance Sheet for Western India Cottons Limited was filed with the ROC on 31 Mar 2024.

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