About MODERN CRAFT
MODERN CRAFT is an Industrial Goods & Manufacturing company based in Surat (India) founded in 2011. Manufacturing and supplying of yarns and threads in India. The company has 14 employees. Its Indian entity Modern Metaalics Private Limited reported revenue of ₹39.06 Cr. MODERN CRAFT offers products and services including Metallic Yarn and Embroidery Thread. Its focus areas include Manufacturing, Textiles, Yarn Production and Metallic and Embroidery Materials.
Company details
Products Such As Jari Kasab, Metallic Yarn, Mx Yarn, And Embroidery Thread Are Manufactured And Supplied By Modern Metaalics , With Operations Based In Surat, Gujarat, India. The Companys Production Unit Is Situated At A Specified Industrial Estate, While The Sales Unit Is Located In A Shopping Complex Within The Same City. Contact Details Including Phone Numbers Are Provided For Inquiries, And Rights Have Been Reserved Since 2011, Ensuring Ongoing Activities In The Textiles Sector. Industrial Supplies Are Handled Through B2b Models, Focusing On Quality Materials For Various Applications.
- Headquarters Surat, India
- Employees 14
- SectorsIndustrial Goods & Manufacturing
- Legal Name Modern Metaalics Pvt Ltd
- Date of Incorporation 20 Jun, 2011
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹39.06 Cr
FY 2023 · +17% YoY
- Net Profit₹50.2 Lakh
FY 2023 · 1% margin
- EBITDA₹5.21 Cr
FY 2023 · 13% margin
- Employee Count14
Associated legal entities of MODERN CRAFT
MODERN CRAFT operates through Modern Metaalics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Modern Metaalics Private Limited CIN U17291GJ2011PTC065984 | Active | 20 Jun 2011 | Surat, Gujarat | ₹39.1 Cr | 14 | 3 | View details |
Products & Services of MODERN CRAFT
MODERN CRAFT offers a comprehensive portfolio of products and services, including Metallic Yarn and Embroidery Thread.
Metallic Yarn is manufactured and supplied for use in embroidery and other applications
Embroidery Thread is supplied alongside other yarns for industrial purposes
Board of directors of Modern Metaalics Private Limited (MODERN CRAFT)
Modern Metaalics Private Limited is the primary company behind MODERN CRAFT. The board of Modern Metaalics Private Limited currently have 3 directors; the longest-serving is Pariean Nitinbhai Kotecha, appointed in 2011. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pariean Nitinbhai Kotecha DIN 03520497 | Managing Director | 20 Jun 2011 | 15 yrs 4 mo | Modern Metaalics Private Limited |
| Karan Nitinbhai Kotecha DIN 03520503 | Whole-time director | 20 Jun 2011 | 15 yrs 4 mo | Modern Metaalics Private Limited |
| Nitin Yashlal Kotecha DIN 07855670 | Managing Director | 06 Sep 2018 | 8 yrs 1 mo | Modern Metaalics Private Limited |
Financials of MODERN CRAFT
Figures of Modern Metaalics Private Limited, the primary company behind MODERN CRAFT, for FY 2023. Revenue was ₹39.06 Cr (+17% year on year). Net profit was ₹50.2 Lakh (1% margin). EBITDA was ₹5.21 Cr (13% margin). Revenue has grown at a compounded annual rate of +15% over three years and +16% over five years.
- ₹39.06 CrRevenue · FY 2023 · +17% YoY
- ₹50.2 LakhNet profit · 1% margin
- ₹5.21 CrEBITDA · 13% margin
- ₹10.1 LakhPaid-up capital
- 14Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Modern Metaalics Private Limited are on its company page.
Detailed financial statements for MODERN CRAFT
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Textile & Yarn Production
3 companies that operate in the same segment as MODERN CRAFT (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 47,020 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about MODERN CRAFT
MODERN CRAFT was founded in 2011.
MODERN CRAFT is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
MODERN CRAFT has 14 employees.
The primary company behind MODERN CRAFT, Modern Metaalics Private Limited, reported revenue of ₹39.06 Cr for FY 2023, up 17% year on year.
Products Such As Jari Kasab, Metallic Yarn, Mx Yarn, And Embroidery Thread Are Manufactured And Supplied By Modern Metaalics , With Operations Based In Surat, Gujarat, India. The Companys Production Unit Is Situated At A Specified Industrial Estate, While The Sales Unit Is Located In A Shopping Complex Within The Same City. Contact Details Including Phone Numbers Are Provided For Inquiries, And Rights Have Been Reserved Since 2011, Ensuring Ongoing Activities In The Textiles Sector. Industrial Supplies Are Handled Through B2b Models, Focusing On Quality Materials For Various Applications.
MODERN CRAFT offers Metallic Yarn and Embroidery Thread.
MODERN CRAFT operates through Modern Metaalics Private Limited.
The legal entities of MODERN CRAFT currently have 3 directors, including Pariean Nitinbhai Kotecha, Karan Nitinbhai Kotecha, Nitin Yashlal Kotecha.