About Essem Jute Industries Ltd.
Data last updated:
Essem Jute Industries Ltd. is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Blueview Commercial Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17119WB1994PLC065764. Its GSTIN is 19AABCE0339A2Z7 (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8.25 Cr and a paid-up capital of ₹8.14 Cr. It was formerly known as Essem Jute Twines Ltd and Bharat Paints Limited. It is led by directors including Abhishek Agarwal and Nikunj Beriwal.
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 is at 205 Rabindra Sarani 3rd Floor, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.12 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹7.35 Lakh (net margin 0.3%) and EBITDA of ₹1 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
The company is associated with 1 brand: Mjindia. As per MCA filings, the company has open charges of ₹7.1 Cr and satisfied charges of ₹21.05 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mjindia.com.
Company details
Name history
Essem Jute Industries has undergone 2 name changes throughout its history. The company was previously known as Essem Jute Twines Ltd, and Bharat Paints Limited. The current legal name is Essem Jute Industries Ltd..
| Company Name | Status |
|---|---|
| Essem Jute Industries Ltd. | Current |
| Essem Jute Twines Ltd | Previous |
| Bharat Paints Limited | Previous |
CIN history
Essem Jute Industries has one previous CIN (Corporate Identification Number): U99999WB1994PLC065764. The current CIN is U17119WB1994PLC065764, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17119WB1994PLC065764 | Current |
| U99999WB1994PLC065764 | Previous |
Contact details
Essem Jute Industries Ltd.'s registered office is in Kolkata, West Bengal. Its website is mjindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address205 Rabindra Sarani 3rd Floor, Kolkata, West Bengal, India – 700007
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Essem Jute Industries Ltd., 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
Brands
Essem Jute Industries operates one associated brand: Mjindia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative technologies for residential and commercial properties. | mjindia.com |
Business activity
The main business activity of Essem Jute Industries 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 Essem Jute Industries Ltd., buy the company report.
Financials of Essem Jute Industries Ltd.
FY 2024 filings availableEssem Jute Industries Ltd. reported revenue of ₹29.12 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 9% growth in the latest year. EBITDA rose 52% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.35 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Essem Jute Industries Ltd., buy the company report.
Board of directors of Essem Jute Industries Ltd.
Essem Jute Industries has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Agarwal Also directs: Gunny Trades Association, Madhulika Fashions Private Limited, Dwarika Properties Pvt.Ltd. and 1 more | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Nikunj Beriwal Also directs: B2s Services Private Limited | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Awadesh Beriwal | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Satya Narayan Bajaj Also directs: Prabartak Jute Mills Ltd, Madaya Shilp Private Limited, Madaya Tradecom Private Limited and 3 more | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Essem Jute Industries Ltd. is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Meet Synthetics Private Limited | ₹29.18 Cr (FY 2025) | -9.0% | Ahmedabad, Gujarat, India | |||
| Modway Suiting Private Limited | ₹29.17 Cr (FY 2025) | -7.0% | Bhilwara, Rajasthan, India | |||
| Supriya Silk Mills Private Limited | ₹29.12 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Essem Jute Industries Ltd.this company | ₹29.12 Cr (FY 2025) | ₹7.35 Lakh | 0.3% | 9.0% | Kolkata, West Bengal, India | |
| Thenpandian Textile India Private Limited | ₹29.12 Cr (FY 2025) | 14.0% | Namakkal, Tamil Nadu, India | |||
| Ansari Synthetics Private Limited | ₹29.09 Cr (FY 2024) | -22.0% | Mumbai, Maharashtra, India | |||
| Aanchal Fabtex India Private Limited | ₹29.08 Cr (FY 2024) | -2.0% | Jaipur, Rajasthan, India | |||
| Finetex Industries Private Limited | ₹29.04 Cr (FY 2025) | 104.0% | Gharaunda, Haryana, India |
To see the full peer comparison of Essem Jute Industries Ltd., buy the company report.
Auditor
Essem Jute Industries Ltd. is audited by A. TOSHNIWAL & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. TOSHNIWAL & CO. | FY 2022 | 328864E |
Shareholding
The shareholding of Essem Jute Industries Ltd. is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Essem Jute Industries Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2024 | 100961879 | Others | ₹4.95 Cr | Open | |
| 01 Oct 2003 | 90246139 | West Bengal Industrial Development Corp. Ltd. | ₹40 Lakh | Open | |
| 13 Feb 2002 | 90245818 | West Bengal Industrial Development Corp. Ltd. | ₹1.75 Cr | Open | |
| 08 Jun 2006 | 80039322 | State Bank of India | ₹12.25 Cr | Satisfied | |
| 24 Apr 2002 | 90248223 | State Bank of India | ₹8.8 Cr | Satisfied |
To see the full charge records of Essem Jute Industries Ltd., buy the company report.
Total charge records: 5 View all charges
Legal cases
Essem Jute Industries Ltd. has 3 court cases on record: 3 filed by Essem Jute Industries. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against an individual | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against an individual | Disposed |
| District court, Coochbehar, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Essem Jute Industries Ltd., 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.
Credit ratings & regulatory alerts
Essem Jute Industries Ltd. was last rated by Crisil on 11 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Mar 2020 |
To see the full credit ratings and regulatory alerts of Essem Jute Industries Ltd., buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Essem Jute Industries Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Essem Jute Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCE0339A2Z7 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Essem Jute Industries Ltd., buy the company report.
Recent activity
Essem Jute Industries Ltd. has 18 board changes on record since 2012: 4 appointments and 14 cessations. The latest: Abhishek Agarwal ceased to be Additional Director on 29 Sep 2023.
19 earlier events are in the company report.
Frequently asked questions
Essem Jute Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 November 1994 (32+ years old) and is registered under CIN U17119WB1994PLC065764.
Essem Jute Industries has 4 current directors:
- Abhishek Agarwal - Director
- Nikunj Beriwal - Director
- Awadesh Beriwal - Director
- Satya Narayan Bajaj - Director
The latest financial statements of Essem Jute 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 Essem Jute Industries is 19AABCE0339A2Z7, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Essem Jute Industries is U17119WB1994PLC065764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essem Jute Industries has 3 court cases on record: 3 filed by the company. Most are in the high courts.
Essem Jute Industries was incorporated on 07 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Essem Jute Industries by revenue are Meet Synthetics Private Limited, Modway Suiting Private Limited, Supriya Silk Mills Private Limited, Thenpandian Textile India Private Limited, Ansari Synthetics Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Abhishek Agarwal ceased to be Additional Director on 29 Sep 2023. Awadesh Beriwal ceased to be Additional Director on 29 Sep 2023. Nikunj Beriwal ceased to be Additional Director on 29 Sep 2023. Essem Jute Industries has 18 board changes on record in total.
Essem Jute Industries can be reached through the website mjindia.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Essem Jute Industries is at 205 Rabindra Sarani 3rd Floor, Kolkata, West Bengal, India – 700007.