Emtex Industries (India) Limited
About Emtex Industries (India) Limited
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Emtex Industries (India) Limited is a public limited company based in Thane, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 January 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L17120MH1982PLC026081. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from NSE on 26 Mar 2018 · compulsory delisting and from BSE, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹20.29 Cr. It is led by directors including Shivprakash Makharia (Managing Director) and Pradeep Kumar Maliram Makharia.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Plot No F – 4 MIDC Badlapur, Thane, Maharashtra, India – 421607.
As per the financials filed for FY 2017, the company reported a revenue of ₹13.47 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹27.24 Lakh (net margin -202.2%) and EBITDA of -₹27.21 Lakh (EBITDA margin -202%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years.
As per MCA filings, the company has open charges of ₹286.59 Cr and satisfied charges of ₹174.55 Cr on record. Court records list 80 cases involving the company, including 18 filed by the company and 65 filed against it; 12 cases are pending. The company has 10 deals on record (10 market trades); the latest was in May 2012. Its 3 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 1 larger and 2 smaller; the largest is S.K.P. Exim Private Limited with revenue of ₹13.49 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Emtex Industries (India) has one previous CIN (Corporate Identification Number): U17120MH1982PLC026081. The current CIN is L17120MH1982PLC026081, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17120MH1982PLC026081 | Current |
| U17120MH1982PLC026081 | Previous |
Contact details
Emtex Industries (India) Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No F – 4 MIDC Badlapur, Thane, Maharashtra, India – 421607
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Emtex Industries (India) 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
Financials of Emtex Industries (India) Limited
FY 2017 filings availableEmtex Industries (India) Limited reported revenue of ₹13.47 Lakh (down 15% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over three years, including a 15% fall in the latest year. EBITDA rose 27% 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹13.47 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹27.21 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹27.24 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -202% | ||
| Net Profit Margin | -202.2% | ||
| 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 Emtex Industries (India) Limited, buy the company report.
Board of directors of Emtex Industries (India) Limited
Emtex Industries (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivprakash Makharia | Managing Director | 26 May 1989 | 37 Years 5 Months | Current |
| Pradeep Kumar Maliram Makharia | Director | 08 Jan 1982 | 44 Years 9 Months | Current |
| Shyamsunder G Shah | Director | 20 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Emtex Industries (India) Limited is compared with the 3 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.K.P. Exim Private Limited | ₹13.49 Lakh (FY 2025) | -69.0% | Bhilwara, Rajasthan, India | |||
| Emtex Industries (India) Limitedthis company | ₹13.47 Lakh (FY 2017) | -₹27.24 Lakh | -202.2% | -15.0% | Thane, Maharashtra, India | |
| Devansh Fabrications Private Limited | ₹13.46 Lakh (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| Yamuna Textiles Priavte Limited | ₹13.42 Lakh (FY 2025) | 69.0% | Dhule, Maharashtra, India |
To see the full peer comparison of Emtex Industries (India) Limited, buy the company report.
Auditor
Emtex Industries (India) Limited is audited by N G JAIN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N G JAIN & CO | FY 2017 | 103941W |
Shareholding
The shareholding of Emtex Industries (India) Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Emtex Industries (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2015 | 100025925 | Others | ₹109.75 Cr | Open | |
| 07 Feb 2004 | 90151610 | Edelweiss Asset Reconstruction Company Limited | ₹1 Cr | Open | |
| 05 Jan 2004 | 90152192 | Edelweiss Asset Reconstruction Company Limited | ₹60 Lakh | Open | |
| 31 Mar 2000 | 90150784 | I.F.C.I. Ltd. | ₹9 Cr | Open | |
| 07 Mar 2000 | 90152023 | State Bank of India | ₹13.92 Cr | Open |
To see the full charge records of Emtex Industries (India) Limited, buy the company report.
Total charge records: 51 View all charges
Deals & funding
Emtex Industries (India) Limited has 10 deals on record (10 market trades); the latest was in May 2012.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2012 | Market trade | ₹1.3 Lakh | Buyer: Ginni Holdings Limited Seller: an individual |
| Mar 2012 | Market trade | ₹1.4 Lakh | Buyer: an individual Seller: Ginni Holdings Limited |
| Apr 2008 | Market trade | ₹2.4 Lakh | Buyer: an individual Seller: an individual |
| Mar 2008 | Market trade | ₹1.9 Lakh | Buyer: Laxmi Investments Seller: an individual |
| Dec 2007 | Market trade | ₹1.9 Lakh | Seller: an individual |
To see the full deal history of Emtex Industries (India) Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Emtex Industries (India) Limited has 80 court cases on record: 18 filed by Emtex Industries (India), 65 filed against it. 12 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 44 | 31 | 10 |
| District courts | 35 | 34 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 80)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Bank of Baroda | Pending |
| Bombay High Court | Court case (APEAL) | Filed against the company by Bank of Baroda | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed against the company by Pradeep Makharia - Former Director of Emtex Industries (India) Ltd and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed by the company against Emtex Industries (India) Ltd. - Through the Liquidator and 2 others | Pending |
| Bombay High Court | Court case (LPETN) | Filed against the company by Murbad Glass Pvt. Ltd. | Pending |
To see the full case history of Emtex Industries (India) 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 Emtex Industries (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Emtex Industries (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Emtex Industries (India) Limited, buy the company report.
Recent activity
Emtex Industries (India) Limited has 9 board changes on record since 1982: 6 appointments and 3 cessations. The latest: Shyamsunder G Shah was appointed as Director on 20 Feb 2016.
85 earlier events are in the company report.
Frequently asked questions
Emtex Industries (India) is an active public limited company based in Thane, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 January 1982 (44+ years old) and is registered under CIN L17120MH1982PLC026081.
Emtex Industries (India) has 3 current directors:
- Shivprakash Makharia - Managing Director
- Pradeep Kumar Maliram Makharia - Director
- Shyamsunder G Shah - Director
The latest financial statements of Emtex Industries (India) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Emtex Industries (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Emtex Industries (India) is L17120MH1982PLC026081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Emtex Industries (India) is recorded as a listed company by MCA, but its shares were delisted from NSE on 26 Mar 2018 · compulsory delisting and from BSE, and no longer trade on a stock exchange.
Emtex Industries (India) has 80 court cases on record: 18 filed by the company and 65 filed against it. 12 are pending. Most are in the high courts.
Emtex Industries (India) was incorporated on 08 January 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Emtex Industries (India) has 10 deals on record (10 market trades); the latest was in May 2012.
The peers of Emtex Industries (India) by revenue are S.K.P. Exim Private Limited, Devansh Fabrications Private Limited, Yamuna Textiles Priavte Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Shyamsunder G Shah was appointed as Director on 20 Feb 2016. Sundar Rangan ceased to be Director on 20 Feb 2016. Ganesh Madanlal Khemka ceased to be Director on 14 Feb 2012. Emtex Industries (India) has 9 board changes on record in total.
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