Beetee Textile Industries Limited

Beetee Textile Industries Limited - manufacturing in Thane, Maharashtra, India. Directors, charges & compliance details.
CIN U17110MH1985PLC035838 Incorporated 02 April 1985 ROC Mumbai HQ Thane, Maharashtra, India
Merged Public Limited Company manufacturing
Revenue · FY 2023
₹18.3 Cr
▼ 8% YoY
Net profit · FY 2023
₹4.88 Cr
Net margin 26.7%
EBITDA · FY 2023
₹8 Cr
EBITDA margin 43.7%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹6.86 Cr
Issued & subscribed
Open charges
₹52 Cr
Satisfied ₹2.55 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
263
Provident fund records

About Beetee Textile Industries Limited

Data last updated:

Beetee Textile Industries Limited was a public limited company based in Thane, Maharashtra, India, operated as a subsidiary of Gpp Enterprises Llp. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 April 1985.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1985PLC035838. Its GSTIN is 27AAACB4533A1ZB (Maharashtra).

The company had an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.86 Cr. It was led by directors including Anurag Poddar and Prahlad Kantilal Acharya.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Plot No J 196 MIDC Indt Area Tarapur Biosar, Thane, Maharashtra, India – 401506.

As per the financials filed for FY 2023, the company reported a revenue of ₹18.3 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.88 Cr (net margin 26.7%) and EBITDA of ₹8 Cr (EBITDA margin 43.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 3% over five years.

The company had about 263 employees on its provident fund (EPFO) records before it was dissolved.

As per MCA filings, the company had open charges of ₹52 Cr and satisfied charges of ₹2.55 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.

Company details

CIN U17110MH1985PLC035838
Registration Number 035838
Incorporation Date 02 April 1985
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Parent Company Gpp Enterprises Llp
Compliance Status Active Compliant

CIN history

Beetee Textile Industries has one previous CIN (Corporate Identification Number): L17110MH1985PLC035838. The current CIN is U17110MH1985PLC035838, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17110MH1985PLC035838Current
L17110MH1985PLC035838Previous

Contact details

Beetee Textile Industries Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Plot No J 196 MIDC Indt Area Tarapur Biosar, Thane, Maharashtra, India – 401506
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Beetee Textile Industries Limited, buy the company report.

Comprehensive company report
Beetee Textile Industries Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Beetee Textile Industries is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Beetee Textile Industries Limited, buy the company report.

Financials of Beetee Textile Industries Limited

FY 2024 filings available

Beetee Textile Industries Limited reported revenue of ₹18.3 Cr (down 8% YoY) for FY 2023.

Revenue · FY 2023
₹18.3 Cr ▼ 8%
Net profit · FY 2023
₹4.88 Cr margin 26.7%
EBITDA · FY 2023
₹8 Cr margin 43.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 24%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 88%
3 years · compounded
▼ 19%
5 years · compounded
▲ 18%

Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 88% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.88 Cr
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin43.7%
Net Profit Margin26.7%
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 Beetee Textile Industries Limited, buy the company report.

Board of directors of Beetee Textile Industries Limited

Beetee Textile Industries has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Anurag PoddarDirector21 Mar 20233 Years 7 MonthsAs last reported
Prahlad Kantilal AcharyaDirector01 Jul 201610 Years 4 MonthsAs last reported
Vinay KarmarkarDirector01 Jul 201610 Years 4 MonthsAs last reported
Ashok Kumar Ramautar TodiDirector01 Mar 200026 Years 8 MonthsAs last reported

Peer comparison

Beetee Textile Industries Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sipani Woollen Mills Private Limited₹18.32 Cr (FY 2025)14.0%Bikaner, Rajasthan, India
Motilal Duli Chand Private Limited₹18.32 Cr (FY 2025)20.0%Uttar Pradesh, India
Shauryavardhan Fibres Private Limited₹18.32 Cr (FY 2022)22.0%Wani, Maharashtra, India
Beetee Textile Industries Limitedthis company₹18.3 Cr (FY 2023)₹4.88 Cr26.7%-8.0%Thane, Maharashtra, India
Sarawgi Textiles Private Limited₹18.29 Cr (FY 2025)45.0%Surat, Gujarat, India
NDNX Private Limited₹18.28 Cr (FY 2024)9.0%Kolkata, West Bengal, India
Minesh Prints Limited₹18.28 Cr (FY 2019)-38.0%Mumbai, Maharashtra, India

To see the full peer comparison of Beetee Textile Industries Limited, buy the company report.

Auditor

Beetee Textile Industries Limited is audited by K. M. Garg & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
K. M. Garg & Co.FY 2022120712W

Shareholding

The shareholding of Beetee Textile Industries Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Beetee Textile Industries Limited, buy the company report.

Charges & borrowings

Open charges
₹52 Cr
Satisfied charges
₹2.55 Cr
Breakdown by lending institutions
Corporation Bank₹2.55 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Oct 200810128520Corporation Bank₹2.55 CrSatisfied

To see the full charge records of Beetee Textile Industries Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Beetee Textile Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Beetee Textile Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACB4533A1ZBMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Beetee Textile Industries Limited, buy the company report.

Recent activity

Beetee Textile Industries Limited has 15 board changes on record since 2000: 4 appointments and 11 cessations. The latest: Asha Devi Poddar ceased to be Additional Director on 21 May 2024.

AGM
Beetee Textile Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Asha Devi Poddar ceased to be Additional Director.
Filing
Beetee Textile Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Anurag Poddar ceased to be Additional Director.
Appointed
Anurag Poddar was appointed as Director.
Ceased
Pawankumar Mangilal Khetan ceased to be Additional Director.
Ceased
Prahlad Kantilal Acharya ceased to be Additional Director.
Ceased
Vinay Karmarkar ceased to be Additional Director.
Ceased
Jagdish Kumar Mohan Lal Khemka ceased to be Director.
Ceased
Avnish Poddar ceased to be Director.
Appointed
Prahlad Kantilal Acharya was appointed as Director.
Appointed
Vinay Karmarkar was appointed as Director.

8 earlier events are in the company report.

Frequently asked questions

Beetee Textile Industries has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Beetee Textile Industries was a public limited company based in Thane, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 02 April 1985 and is registered under CIN U17110MH1985PLC035838. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Beetee Textile Industries was incorporated on 02 April 1985. It is registered with the Registrar of Companies, Mumbai.

Beetee Textile Industries had 4 directors:

The CIN (Corporate Identification Number) of Beetee Textile Industries is U17110MH1985PLC035838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Beetee Textile Industries is at Plot No J 196 MIDC Indt Area Tarapur Biosar, Thane, Maharashtra, India – 401506.

The latest financial statements of Beetee Textile Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Beetee Textile Industries is 27AAACB4533A1ZB, registered in Maharashtra.

Beetee Textile Industries operated in the manufacturing industry, in the textile and fabric production segment.

The peers of Beetee Textile Industries by revenue are Sipani Woollen Mills Private Limited, Motilal Duli Chand Private Limited, Shauryavardhan Fibres Private Limited, Sarawgi Textiles Private Limited, NDNX Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Beetee Textile Industries has 3 court cases on record: 3 filed by the company. Most are in the high courts.