About Covema Filaments
Covema Filaments is a Chemicals & Materials company. Manufacture of nylon monofilament fishing lines and related products in India. It operates in the Chemicals & Materials and Consumer sectors. The company has 1 employees. Its Indian entity Covema Filaments Ltd reported revenue of ₹2.55 Cr. Covema Filaments offers products and services including Arctic Strong and Arctic Soft. Its focus areas include Manufacturing, Polymers, Fishing Equipment and Nylon Monofilaments.
Company details
Covema Filaments is known for producing nylon monofilament fishing lines that are supplied to over 40 countries worldwide. Raw materials are sourced from Italy and Germany, and stringent quality controls are applied throughout the manufacturing process. State-of-the-art Italian extruders and a skilled workforce are utilized to achieve consistency in products like Arctic Strong and Arctic Soft, which are designed to meet dependability and affordability standards in the fishing industry.
- Employees 1
- SectorsChemicals & MaterialsConsumer
- Email••••••••
- Website covemafilaments.com
- Legal Name Covema Filaments Ltd
- Date of Incorporation 01 Apr, 1991
- Jurisdiction Ernakulam, Kerala, India
- Indian entity revenue₹2.55 Cr
FY 2019 · +33% YoY
- Indian entity net loss-₹56 Lakh
FY 2019 · -22% margin
- Indian entity EBITDA-₹64.7 Lakh
FY 2019 · -25% margin
- Employee Count1
Associated legal entities of Covema Filaments
Covema Filaments operates through Covema Filaments Ltd (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Covema Filaments Ltd CIN U31501KL1991PLC006019 | Active | 01 Apr 1991 | Ernakulam, Kerala | ₹2.6 Cr | 1 | 4 | View details |
Products & Services of Covema Filaments
Covema Filaments offers a comprehensive portfolio of products and services, including Arctic Strong and Arctic Soft.
It is manufactured as a strong and abrasion-resistant line that is preferred in the industry.
This line is produced with technopolymers to provide high tensile and knot strength.
Board of directors of Covema Filaments Ltd (Covema Filaments)
Covema Filaments Ltd is the primary company behind Covema Filaments. The board of Covema Filaments Ltd currently have 4 directors; the longest-serving is Taher Sajjadali Doriwala, appointed in 2014. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Taher Sajjadali Doriwala DIN 01182439 | Managing Director | 20 Jan 2014 | 12 yrs 9 mo | Covema Filaments Ltd |
| Imran Essofally Lokhandwala DIN 07015160 | Director | 12 Nov 2014 | 12 yrs | Covema Filaments Ltd |
| Hozefa Imran Lokhandwala DIN 07015139 | Director | 12 Nov 2014 | 12 yrs | Covema Filaments Ltd |
| Sajjadali Ahmedali Doriwala DIN 07096826 | Director | 13 Feb 2015 | 11 yrs 9 mo | Covema Filaments Ltd |
Financials of Covema Filaments
Figures of Covema Filaments Ltd, the primary company behind Covema Filaments, for FY 2019. Revenue was ₹2.55 Cr (+33% year on year). Net loss was -₹56 Lakh (-22% margin). EBITDA was -₹64.7 Lakh (-25% margin). Revenue has grown at a compounded annual rate of +7% over three years and +5% over five years.
- ₹2.55 CrRevenue · FY 2019 · +33% YoY
- -₹56 LakhNet loss · -22% margin
- -₹64.7 LakhEBITDA · -25% margin
- ₹7.68 CrPaid-up capital
- 1Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Covema Filaments Ltd are on its company page.
Detailed financial statements for Covema Filaments
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- Statement rows
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- Five-year trends
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Frequently Asked Questions about Covema Filaments
Covema Filaments has 1 employees.
The primary company behind Covema Filaments, Covema Filaments Ltd, reported revenue of ₹2.55 Cr for FY 2019, up 33% year on year.
Covema Filaments is known for producing nylon monofilament fishing lines that are supplied to over 40 countries worldwide. Raw materials are sourced from Italy and Germany, and stringent quality controls are applied throughout the manufacturing process. State-of-the-art Italian extruders and a skilled workforce are utilized to achieve consistency in products like Arctic Strong and Arctic Soft, which are designed to meet dependability and affordability standards in the fishing industry.
Covema Filaments offers Arctic Strong and Arctic Soft.
Covema Filaments operates through Covema Filaments Ltd.
The legal entities of Covema Filaments currently have 4 directors, including Taher Sajjadali Doriwala, Imran Essofally Lokhandwala, Sajjadali Ahmedali Doriwala and others.