Golconda Textiles Private Limited
About Golconda Textiles Private Limited
Data last updated:
Golconda Textiles Private Limited is a private limited company based in Hyderabad, Telangana, 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 16 January 1995.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U17100TG1995PTC019209. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7 Cr. It is led by directors Mahmood Alam Khan (Managing Director) and Mustafa Alam Khan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Door No.8 – 2 – 316/A Road No.14 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2022, the company reported a revenue of ₹45.95 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.6 Cr (net margin -3.5%) and EBITDA of -₹1.74 Cr (EBITDA margin -3.8%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 18% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹58.4 Cr on record. Court records list 16 cases involving the company, including 8 filed by the company and 8 filed against it; 1 case is pending.
Company details
CIN history
Golconda Textiles has one previous CIN (Corporate Identification Number): U17100AP1995PTC019209. The current CIN is U17100TG1995PTC019209, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100TG1995PTC019209 | Current |
| U17100AP1995PTC019209 | Previous |
Contact details
Golconda Textiles Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No.8 – 2 – 316/A Road No.14 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Golconda Textiles Private 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 Golconda Textiles 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 Golconda Textiles Private Limited, buy the company report.
Financials of Golconda Textiles Private Limited
FY 2022 filings availableGolconda Textiles Private Limited reported revenue of ₹45.95 Cr (up 461% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 461% growth in the latest year. EBITDA fell 450% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹45.95 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.6 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | ||||
| Net Profit Margin | -3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Golconda Textiles Private Limited, buy the company report.
Board of directors of Golconda Textiles Private Limited
Golconda Textiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mustafa Alam Khan | Whole-Time Director | 16 Jan 1995 | 31 Years 9 Months | As last reported |
| Mahmood Alam Khan | Managing Director | 16 Jan 1995 | 31 Years 9 Months | As last reported |
Peer comparison
Golconda Textiles Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Aamir Beading and Embroideries Private Limited | ₹46.07 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| S A Textiless Private Limited | ₹46.02 Cr (FY 2025) | -15.0% | Coimbatore, Tamil Nadu, India | |||
| Jacquard Fabrics (India) Private Limited | ₹46.02 Cr (FY 2025) | 2.0% | Coimbatore, Tamil Nadu, India | |||
| Shree Ganesh Threads Private Limited | ₹45.98 Cr (FY 2025) | 9.0% | Patran, Punjab, India | |||
| Golconda Textiles Private Limitedthis company | ₹45.95 Cr (FY 2022) | -₹1.6 Cr | -3.5% | 461.0% | 19 | Hyderabad, Telangana, India |
| Sabari Textiles Private Limited | ₹45.95 Cr (FY 2024) | -17.0% | Chennai, Tamil Nadu, India | |||
| Rajtharun Textiles India Private Limited | ₹45.91 Cr (FY 2022) | 45.0% | Coimbatore, Tamil Nadu, India | |||
| Lahoti Textiles Private Limited | ₹45.91 Cr (FY 2025) | 11.0% | Ichalkaranji, Maharashtra, India | |||
| K. R. Composites Private Limited | ₹45.9 Cr (FY 2025) | 16.0% | Surat, Gujarat, India | |||
| Malhar Fashions (India) Private Limited | ₹45.88 Cr (FY 2025) | 7.0% | Thane, Maharashtra, India |
To see the full peer comparison of Golconda Textiles Private Limited, buy the company report.
Auditor
Golconda Textiles Private Limited is audited by Narasimha Rao & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Narasimha Rao & Associates | FY 2022 | 002336S |
Shareholding
The shareholding of Golconda Textiles Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Golconda Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2002 | 90133049 | Others | ₹16.55 Cr | Satisfied | |
| 28 Oct 2002 | 80029272 | State Bank of Hyderabad | ₹39.75 Cr | Satisfied | |
| 28 Oct 2002 | 90131335 | State Bank of Hyderabad | ₹2.1 Cr | Satisfied |
To see the full charge records of Golconda Textiles Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Golconda Textiles Private Limited has 16 court cases on record: 8 filed by Golconda Textiles, 8 filed against it. 1 case is pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 1 |
| NCLAT | 6 | 0 | 0 |
| District courts | 4 | 3 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Writ petition | Filed against the company by Jyotirmaye Textiles Pvt Ltd., | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company by Jyotirmaye Textiles Pvt Ltd., | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| NCLAT, Court I | Tribunal matter | Filed by the company against individuals | Disposed |
| NCLAT, Court I | Tribunal matter | Filed by the company against individuals | Disposed |
To see the full case history of Golconda Textiles Private 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.
Credit ratings & regulatory alerts
Golconda Textiles Private Limited was last rated by Crisil on 16 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Jul 2020 |
To see the full credit ratings and regulatory alerts of Golconda Textiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Golconda Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Golconda Textiles Private Limited has a workforce of 19 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Golconda Textiles has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Golconda Textiles Private Limited, buy the company report.
Recent activity
Golconda Textiles Private Limited has 3 board changes on record since 1995: 2 appointments and 1 cessation. The latest: Ahmed Alam Khan ceased to be Whole-Time Director on 13 Dec 2024.
2 earlier events are in the company report.
Frequently asked questions
Golconda Textiles 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.
Golconda Textiles is a company under insolvency, formerly operating as a private limited company based in Hyderabad, Telangana, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 January 1995 and is registered under CIN U17100TG1995PTC019209. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Golconda Textiles has 2 current directors:
- Mahmood Alam Khan - Managing Director
- Mustafa Alam Khan - Whole-Time Director
The latest financial statements of Golconda Textiles on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Golconda Textiles is U17100TG1995PTC019209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Golconda Textiles has no open charges and satisfied charges of ₹58.4 Cr as per latest MCA filings.
Golconda Textiles has 16 court cases on record: 8 filed by the company and 8 filed against it. 1 is pending. Most are in the high courts.
Golconda Textiles was incorporated on 16 January 1995. It is registered with the Registrar of Companies, Hyderabad.
The peers of Golconda Textiles by revenue are Aamir Beading and Embroideries Private Limited, S A Textiless Private Limited, Jacquard Fabrics (India) Private Limited, Shree Ganesh Threads Private Limited, Sabari Textiles Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ahmed Alam Khan ceased to be Whole-Time Director on 13 Dec 2024. Mahmood Alam Khan was appointed as Managing Director on 16 Jan 1995. Mustafa Alam Khan was appointed as Whole-Time Director on 16 Jan 1995.
The registered office of Golconda Textiles is at Door No.8 – 2 – 316A Road No.14 Banjara Hills, Hyderabad, Telangana, India – 500034.