About Eskay K 'N' IT (India) Limited
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Eskay K 'N' IT (India) Limited is a public limited company based in Silvassa, Dadra And Nagar Haveli, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 April 1987.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L18109DN1987PLC000034. Its GSTIN is 26AABCS1363G1ZL (Dadra and Nagar Haveli and Daman and Diu). The company holds 3 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (514118) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹165 Cr and a paid-up capital of ₹28.08 Cr. It is led by directors including Trivendra Shambhu Singh (Managing Director) and Jaiprakash Atmaram Mishra.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 58 – B Dhanu Udyog Industrial Area Piperia Silvassa (U.T), Dadra and Nagar Haveli, India – 396230.
As per the financials filed for FY 2019, the company reported a revenue of ₹8.06 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹6.15 Cr (net margin -76.3%) and EBITDA of -₹29.42 Lakh (EBITDA margin -3.6%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years.
As per MCA filings, the company has open charges of ₹1,448.69 Cr and satisfied charges of ₹187 Cr on record. Court records list 73 cases involving the company, including 49 filed by the company and 24 filed against it; 24 cases are pending. The company has 2 deals on record (2 market trades); the latest was in February 2014. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 3 smaller; the largest is Shree Agarwal Fabrics Pvt Ltd with revenue of ₹8.07 Cr.
The last known website on record is eskayknit.com.
Company details
CIN history
Eskay K 'N' IT (India) has one previous CIN (Corporate Identification Number): U18109DN1987PLC000034. The current CIN is L18109DN1987PLC000034, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L18109DN1987PLC000034 | Current |
| U18109DN1987PLC000034 | Previous |
Contact details
Eskay K 'N' IT (India) Limited's registered office is in Silvassa, Dadra And Nagar Haveli. Its website is eskayknit.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address58 – B Dhanu Udyog Industrial Area Piperia Silvassa (U.T), Dadra and Nagar Haveli, India – 396230
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Eskay K 'N' IT (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
Business activity
The main business activity of Eskay K 'N' IT (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Eskay K 'N' IT (India) Limited, buy the company report.
Financials of Eskay K 'N' IT (India) Limited
FY 2019 filings availableEskay K 'N' IT (India) Limited reported revenue of ₹8.06 Cr (down 74% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over three years, including a 74% fall in the latest year. EBITDA fell 128% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹29.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.15 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.6% | ||||
| Net Profit Margin | -76.3% | ||||
| 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 Eskay K 'N' IT (India) Limited, buy the company report.
Board of directors of Eskay K 'N' IT (India) Limited
Eskay K 'N' IT (India) has 4 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaiprakash Atmaram Mishra Also directs: Mori Hanol Hydro Power Limited, Pulgaon Cotton Mills Limited | Director | 21 Jun 2019 | 7 Years 4 Months | As last reported |
| Narayan Ramchandra Ghumatkar Also directs: Mori Hanol Hydro Power Limited | Director | 27 Feb 2014 | 12 Years 8 Months | As last reported |
| Trivendra Shambhu Singh | Managing Director | 07 Aug 2012 | 14 Years 2 Months | As last reported |
| Manasi Indrajit Wadkar Also directs: Asahi Industries Limited | Director | 14 Nov 2014 | 11 Years 11 Months | As last reported |
Peer comparison
Eskay K 'N' IT (India) Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Shree Agarwal Fabrics Pvt Ltd | ₹8.07 Cr (FY 2025) | -36.0% | Mumbai, Maharashtra, India | |||
| Bharadia Brothers P Ltd | ₹8.07 Cr (FY 2025) | 12.0% | Kolhapur, Maharashtra, India | |||
| Akshay Fibers Private Limited | ₹8.07 Cr (FY 2025) | 7.0% | Amritsar, Punjab, India | |||
| Swan Silk Private Limited | ₹8.07 Cr (FY 2024) | -4.0% | Bangalore, Karnataka, India | |||
| Lilac Textiles Private Limited | ₹8.07 Cr (FY 2025) | 436.0% | Shirpur, Maharashtra, India | |||
| Eskay K 'N' IT (India) Limitedthis company | ₹8.06 Cr (FY 2019) | -₹6.15 Cr | -76.3% | -74.0% | Silvassa, Dadra And Nagar Haveli, India | |
| United Leasing and Industries Limited | ₹8.04 Cr (FY 2025) | 11.0% | Haryana, India | |||
| Swastik Petrofils Private Limited | ₹8.04 Cr (FY 2025) | 63.0% | Kolkata, West Bengal, India | |||
| Trinity Worldwide Exports Private Limited | ₹8.03 Cr (FY 2025) | -48.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Eskay K 'N' IT (India) Limited, buy the company report.
Auditor
Eskay K 'N' IT (India) Limited is audited by RISHI SEKHRI AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI SEKHRI AND ASSOCIATES | FY 2019 | 128216W |
Shareholding
The shareholding of Eskay K 'N' IT (India) Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Eskay K 'N' IT (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2013 | 10444667 | Bank of India | ₹33.32 Cr | Open | |
| 28 Sep 2012 | 10387542 | Indian Overseas Bank | ₹6.69 Cr | Open | |
| 30 Mar 2011 | 10280024 | Indian Overseas Bank | ₹8.4 Cr | Open | |
| 29 Mar 2011 | 10281467 | The Federal Bank Limited | ₹14 Cr | Open | |
| 25 Mar 2011 | 10286040 | Andhra Bank | ₹40 Cr | Open |
To see the full charge records of Eskay K 'N' IT (India) Limited, buy the company report.
Total charge records: 44 View all charges
Deals & funding
Eskay K 'N' IT (India) Limited has 2 deals on record (2 market trades); the latest was in February 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2014 | Market trade | ₹25.5 Lakh | Buyer: Delhi Iron and Steel Company Private Limited Seller: Amrit Steels Private Limited |
| Sep 2005 | Market trade | ₹2.58 Cr | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Eskay K 'N' IT (India) Limited has 73 court cases on record: 49 filed by Eskay K 'N' IT (India), 24 filed against it. 24 cases are pending and 49 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 18 | 7 |
| High courts | 34 | 5 | 16 |
| NCLAT | 2 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 73)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Federal Bank Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Federal Bank Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against National Textile Corporation Limited | Disposed |
| Supreme Court | Court case (1431-Criminal Matters : Matters challenging prosecution under Negotiable Instruments Act) | Filed by the company against M/S.Somani Cement Co.Ltd. . | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases w) | Filed by the company against Rajesh Spintex Pvt. Ltd and 1 other | Disposed |
To see the full case history of Eskay K 'N' IT (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 Eskay K 'N' IT (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Eskay K 'N' IT (India) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AABCS1363G1ZL | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Eskay K 'N' IT (India) Limited, buy the company report.
Recent activity
Eskay K 'N' IT (India) Limited has 48 board changes on record since 1989: 26 appointments and 22 cessations. The latest: Neha Nilesh Patil ceased to be Director on 13 Aug 2019.
109 earlier events are in the company report.
Frequently asked questions
Eskay K 'N' IT (India) is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Eskay K 'N' IT (India) is a company under insolvency, formerly operating as a public limited company based in Silvassa, Dadra And Nagar Haveli, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 April 1987 and is registered under CIN L18109DN1987PLC000034. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Eskay K 'N' IT (India) has 4 current directors:
- Trivendra Shambhu Singh - Managing Director
- Jaiprakash Atmaram Mishra - Director
- Narayan Ramchandra Ghumatkar - Director
- Manasi Indrajit Wadkar - Director
The latest financial statements of Eskay K 'N' IT (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Eskay K 'N' IT (India) is L18109DN1987PLC000034. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eskay K 'N' IT (India) is recorded as a listed company by MCA, but trading in its shares on BSE (514118) has been suspended, so they do not currently trade on a stock exchange.
Eskay K 'N' IT (India) has open charges of ₹1,448.69 Cr and satisfied charges of ₹187 Cr as per latest MCA filings.
Eskay K 'N' IT (India) has 73 court cases on record: 49 filed by the company and 24 filed against it. 24 are pending. Most are in the district courts.
Eskay K 'N' IT (India) was incorporated on 24 April 1987. It is registered with the Registrar of Companies, Ahmedabad.
Eskay K 'N' IT (India) has 2 deals on record (2 market trades); the latest was in February 2014.
The peers of Eskay K 'N' IT (India) by revenue are Shree Agarwal Fabrics Pvt Ltd, Bharadia Brothers P Ltd, Akshay Fibers Private Limited, Swan Silk Private Limited, Lilac Textiles Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sample company reports
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