Himachal Yarns Limited
About Himachal Yarns Limited
Data last updated:
Himachal Yarns Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 10 December 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17200PB1984PLC006045. Its GSTIN is 03AABCH0451J1Z2 (Punjab).
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹54.09 Lakh. It was formerly known as Himachal Steel Udyog Ltd. It is led by directors including Sunil Kumar and Vivek Kaushal.
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 398 Industrial Area – A, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.95 Cr, a decline of 92% compared to the previous year. For the same year it recorded a net profit of ₹4.21 Cr (net margin 215.8%) and EBITDA of ₹4.29 Cr (EBITDA margin 219.6%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 82% over five years.
As per MCA filings, the company has satisfied charges of ₹3.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Himachal Yarns has one previous CIN (Corporate Identification Number): U27108PB1984PLC006045. The current CIN is U17200PB1984PLC006045, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17200PB1984PLC006045 | Current |
| U27108PB1984PLC006045 | Previous |
Contact details
Himachal Yarns Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address398 Industrial Area – A, Ludhiana, Punjab, India – 141003
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Himachal Yarns 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 Himachal Yarns Limited
FY 2024 filings availableHimachal Yarns Limited reported revenue of ₹1.95 Cr (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 92% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 82%. EBITDA fell 82% 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 |
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| EBITDA | ₹4.29 Cr | ||||
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| Net Profit (PAT) | ₹4.21 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 219.6% | ||||
| Net Profit Margin | 215.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Himachal Yarns Limited, buy the company report.
Board of directors of Himachal Yarns Limited
Himachal Yarns has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar | Director | 26 Aug 2020 | 6 Years 2 Months | Current |
| Vivek Kaushal | Director | 29 Apr 2013 | 13 Years 6 Months | Current |
| Anil Walia | Director | 30 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Himachal Yarns Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Broking Services, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mohata Exports Private Limited | ₹1.96 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Akshat Fabrics Private Limited | ₹1.95 Cr (FY 2025) | 7.0% | Delhi, India | |||
| Srinath Securities Pvt Ltd | ₹1.95 Cr (FY 2025) | -31.0% | Kolkata, West Bengal, India | |||
| Himachal Yarns Limitedthis company | ₹1.95 Cr (FY 2025) | ₹4.21 Cr | 215.8% | -92.0% | Ludhiana, Punjab, India | |
| Anugrah Ethnic Private Limited | ₹1.95 Cr (FY 2024) | 245.0% | Mumbai, Maharashtra, India | |||
| Manglam Texoknit Private Limited | ₹1.95 Cr (FY 2025) | -19.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Himachal Yarns Limited, buy the company report.
Auditor
Himachal Yarns Limited is audited by Kiran Seth & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kiran Seth & Company | FY 2023 | 089509 |
Shareholding
The shareholding of Himachal Yarns Limited 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 Himachal Yarns Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2004 | 90180793 | Punjab & Sind Bank | ₹3.7 Cr | Satisfied |
To see the full charge records of Himachal Yarns Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Himachal Yarns Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Himachal Yarns Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Himachal Yarns has 4 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Himachal Yarns has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCH0451J1Z2 | Punjab | Active | 25 Jul 2017 |
To see the full GST registrations and return filing status of Himachal Yarns Limited, buy the company report.
Recent activity
Himachal Yarns Limited has 9 board changes on record since 2011: 3 appointments and 6 cessations. The latest: Sunil Kumar ceased to be Additional Director on 31 Dec 2020.
3 earlier events are in the company report.
Frequently asked questions
Himachal Yarns is an active public limited company based in Ludhiana, Punjab, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 10 December 1984 (42+ years old) and is registered under CIN U17200PB1984PLC006045.
Himachal Yarns has 3 current directors:
- Sunil Kumar - Director
- Vivek Kaushal - Director
- Anil Walia - Director
The latest financial statements of Himachal Yarns 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 Himachal Yarns is 03AABCH0451J1Z2, registered in Punjab.
The CIN (Corporate Identification Number) of Himachal Yarns is U17200PB1984PLC006045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Himachal Yarns was incorporated on 10 December 1984, making it 42+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Himachal Yarns by revenue are Mohata Exports Private Limited, Akshat Fabrics Private Limited, Srinath Securities Pvt Ltd, Anugrah Ethnic Private Limited, Manglam Texoknit Private Limited, all in the BFSI industry (Broking Services, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Sunil Kumar ceased to be Additional Director on 31 Dec 2020. Rakesh Kumar Nagpal ceased to be Director on 26 Aug 2020. Sunil Kumar was appointed as Director on 26 Aug 2020. Himachal Yarns has 9 board changes on record in total.
The registered office of Himachal Yarns is at 398 Industrial Area – A, Ludhiana, Punjab, India – 141003.
Himachal Yarns operates in the financial services industry, in the brokerage and trading services segment.
Himachal Yarns has no open charges and satisfied charges of ₹3.7 Cr as per latest MCA filings.
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