Andela Textiles Private Limited
About Andela Textiles Private Limited
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Andela Textiles Private Limited is a private limited company based in Kadapa, Andhra Pradesh, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 02 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2017PTC106399. Its GSTIN is 37AAPCA8834L1ZX (Andhra Pradesh).
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Shaik Ahmed (Director Appointed In Casual Vacancy) and Dhanunjaya Andela.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at D No 17/345 & 346 B.K.M Street, Kadapa, Andhra Pradesh, India – 516001.
As per the financials filed for FY 2019, the company reported a revenue of ₹31.16 Cr, a growth of 103% compared to the previous year. For the same year it recorded a net profit of ₹26.71 Lakh (net margin 0.9%) and EBITDA of ₹57.18 Lakh (EBITDA margin 1.8%).
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.39 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Andela Textiles Private Limited's registered office is in Kadapa, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressD No 17/345 & 346 B.K.M Street, Kadapa, Andhra Pradesh, India – 516001
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Andela Textiles Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Andela Textiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Andela Textiles Private Limited, buy the company report.
Financials of Andela Textiles Private Limited
FY 2019 filings availableAndela Textiles Private Limited reported revenue of ₹31.16 Cr (up 103% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 103% in the latest year. EBITDA rose 138% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹31.16 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹57.18 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹26.71 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.8% | |
| Net Profit Margin | 0.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Andela Textiles Private Limited, buy the company report.
Board of directors of Andela Textiles Private Limited
Andela Textiles has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaik Ahmed | Director Appointed In Casual Vacancy | 31 Aug 2023 | 3 Years 1 Months | Current |
| Dhanunjaya Andela Also directs: Sree Veera Bhadra Swamy Textiles Pvt. Ltd. | Director | 02 Aug 2017 | 9 Years 2 Months | Current |
Auditor
Andela Textiles Private Limited is audited by B V RAGHAVENDRA KUMAR & K JANARDHANA RAO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B V RAGHAVENDRA KUMAR & K JANARDHANA RAO | FY 2019 | 003326S |
Shareholding
The shareholding of Andela Textiles Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Andela Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2019 | 100268677 | City Union Bank Limited | ₹19.26 Cr | Open | |
| 06 Mar 2019 | 100268357 | Others | ₹7.2 Lakh | Open | |
| 14 Mar 2018 | 100174193 | Syndicate Bank | ₹6 Lakh | Open |
To see the full charge records of Andela Textiles Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Andela Textiles Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Panchajanya Fashions Pvt Ltd | Disposed |
| District court, Kadapa, Andhra Pradesh | Criminal case | Filed against the company by an individual | Pending |
| District court, Varanasi, Uttar Pradesh | Criminal case | Filed against the company by Yashree Nilesh Ghanshyam Silk Pvt Ltd Director Nilesh Kumar | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Andela Textiles Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Andela Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Andela Textiles Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Andela Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAPCA8834L1ZX | Andhra Pradesh | Active | 28 Sep 2017 |
To see the full GST registrations and return filing status of Andela Textiles Private Limited, buy the company report.
Recent activity
Andela Textiles Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Andela Sreedevi ceased to be Director on 31 Aug 2023.
1 earlier event is in the company report.
Frequently asked questions
Andela Textiles is an active private limited company based in Kadapa, Andhra Pradesh, India. The company works in other wholesale, within the trading industry. It was incorporated on 02 August 2017 (9+ years old) and is registered under CIN U74999AP2017PTC106399.
Andela Textiles has 2 current directors:
- Shaik Ahmed - Director Appointed In Casual Vacancy
- Dhanunjaya Andela - Director
The latest financial statements of Andela Textiles on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Andela Textiles is 37AAPCA8834L1ZX, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Andela Textiles is U74999AP2017PTC106399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Andela Textiles has 4 court cases on record: 4 filed against it. 1 is pending.
Andela Textiles was incorporated on 02 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
Andela Sreedevi ceased to be Director on 31 Aug 2023. Shaik Ahmed was appointed as Director Appointed In Casual Vacancy on 31 Aug 2023. Andela Aiswarya ceased to be Director on 15 Apr 2019. Andela Textiles has 6 board changes on record in total.
The registered office of Andela Textiles is at D No 17345 & 346 B.K.M Street, Kadapa, Andhra Pradesh, India – 516001.
Andela Textiles operates in the trading industry, in the other wholesale segment.