Hindon River Mills Limited
About Hindon River Mills Limited
Data last updated:
Hindon River Mills Limited is a public limited company based in Ghaziabad, Uttar Pradesh, India, a subsidiary of Singular Finance And Investment Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U17297UP1994PLC016440. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹23.76 Cr. It was formerly known as A.K. Polytex Mills Limited and A.K. Polytex Mills Private Limited. It is led by directors Rajesh Mendiratta (Whole-Time Director) and Uravi Mukul Kasliwal.
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 Hindon River Mills Premisses Vill Dasna Hindon Nagar, Ghaziabad, Uttar Pradesh, India – 201010.
As per the financials filed for FY 2025, the company reported a revenue of ₹76,000, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹40.94 Lakh and EBITDA of -₹40.76 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 63% over five years.
As per MCA filings, the company has open charges of ₹176.56 Cr and satisfied charges of ₹95.3 Cr on record. Court records list 51 cases involving the company, including 26 filed by the company and 25 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Hindon River Mills has undergone 2 name changes throughout its history. The company was previously known as A.K. Polytex Mills Limited, and A.K. Polytex Mills Private Limited. The current legal name is Hindon River Mills Limited.
| Company Name | Status |
|---|---|
| Hindon River Mills Limited | Current |
| A.K. Polytex Mills Limited | Previous |
| A.K. Polytex Mills Private Limited | Previous |
Contact details
Hindon River Mills Limited's registered office is in Ghaziabad, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHindon River Mills Premisses Vill Dasna Hindon Nagar, Ghaziabad, Uttar Pradesh, India – 201010
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Hindon River Mills 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 Hindon River Mills Limited
FY 2022 filings availableHindon River Mills Limited reported revenue of ₹76,000 (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 63%. EBITDA rose 2% 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 | -₹40.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹40.94 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 | |||||
| Net Profit Margin | |||||
| 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 Hindon River Mills Limited, buy the company report.
Board of directors and KMP of Hindon River Mills Limited
Hindon River Mills Limited currently reports 2 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Mendiratta | Whole-Time Director | 08 Jul 2009 | 17 Years 3 Months | Current |
| Uravi Mukul Kasliwal Also directs: Raj Infin Private Limited, Moolsha Investment Private Limited | Additional Director | 06 May 2023 | 3 Years 6 Months | Current |
| Puneet Fatehchand Jain | Cfo | 06 May 2023 | 3 Years 6 Months | Current |
Peer comparison
Hindon River Mills Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alpine Textiles Pvt Ltd | ₹76,680 (FY 2021) | 52.0% | Punjab, India | |||
| Maru Fibre Tech Private Limited | ₹76,531 (FY 2025) | -98.0% | Haryana, India | |||
| SVR Fashions Private Limited | ₹76,106 (FY 2024) | -97.0% | Surat, Gujarat, India | |||
| Globalwash Garment Processing House Private Limited | ₹76,031 (FY 2025) | 2967.0% | New Delhi, Delhi, India | |||
| Hindon River Mills Limitedthis company | ₹76,000 (FY 2025) | -₹40.94 Lakh | 7.0% | Ghaziabad, Uttar Pradesh, India | ||
| Lenzing Modi Fibers India Private Limited | ₹76,000 (FY 2025) | -57.0% | Mumbai, Maharashtra, India | |||
| Riya Textiles Mills India Private Limited | ₹75,898 (FY 2025) | -99.0% | Ahmedabad, Gujarat, India | |||
| Ultracare Texfab Private Limited | ₹75,800 (FY 2025) | 38.0% | New Delhi, Delhi, India | |||
| Artiston Apparels Private Limited | ₹75,493 (FY 2020) | Ahmedabad, Gujarat, India | ||||
| Betelnut Fashions Private Limited | ₹75,235 (FY 2020) | -84.0% | Mumbai, Maharashtra, India | |||
| Premier Vanijya Private Limited | ₹75,000 (FY 2024) | -12.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Hindon River Mills Limited, buy the company report.
Auditor
Hindon River Mills Limited is audited by SMMP & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SMMP & Associates | FY 2022 | 120438W |
Shareholding
The shareholding of Hindon River Mills Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hindon River Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 1999 | 80040374 | Kotak Mahindra Bank Limited | ₹20.5 Cr | Open | |
| 01 Jul 1999 | 90269264 | Kotak Mahindra Bank Limited | ₹20.5 Cr | Open | |
| 01 Jul 1999 | 90279514 | Kotak Mahindra Bank Limited | ₹20.5 Cr | Open | |
| 26 Jun 1999 | 90273462 | Others | ₹22.76 Cr | Open | |
| 24 Jun 1999 | 80040373 | Kotak Mahindra Bank Limited | ₹22.47 Cr | Open |
To see the full charge records of Hindon River Mills Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Hindon River Mills Limited has 51 court cases on record: 26 filed by Hindon River Mills, 25 filed against it. 5 cases are pending and 46 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 11 | 4 |
| Supreme Court | 9 | 8 | 0 |
| District courts | 8 | 6 | 1 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Instakart Services Private Limited | Disposed |
| Supreme Court | Court case (1802-Ordinary Civil Matters : T.P. Under Section 25 of the C.P.C.) | Filed against the company by Kotak Mahindra Bank Limited S/D/W/Thru:- N/A Through Manoj Chauhan Registered Office at 27Bkc 6Th Floor Plot No C 27 G Block Bandra Kurla Complex Bandra East Mumbai , District: Mumbai ,Mumbai , Maharashtra | Disposed |
| High Court of Delhi | Writ petition | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
To see the full case history of Hindon River Mills 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 Hindon River Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hindon River Mills 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 Hindon River Mills Limited, buy the company report.
Recent activity
Hindon River Mills Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Ashok Kumar Goyle ceased to be Director on 06 May 2023.
52 earlier events are in the company report.
Frequently asked questions
Hindon River Mills is an active public limited company based in Ghaziabad, Uttar Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 May 1994 (32+ years old) and is registered under CIN U17297UP1994PLC016440.
Hindon River Mills has 3 current directors and KMP:
- Rajesh Mendiratta - Whole-Time Director
- Uravi Mukul Kasliwal - Additional Director
- Puneet Fatehchand Jain - Cfo
The latest financial statements of Hindon River Mills 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.
No. Hindon River Mills has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Hindon River Mills is U17297UP1994PLC016440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindon River Mills has 51 court cases on record: 26 filed by the company and 25 filed against it. 5 are pending. Most are in the high courts.
Hindon River Mills was incorporated on 10 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Hindon River Mills by revenue are Alpine Textiles Pvt Ltd, Maru Fibre Tech Private Limited, SVR Fashions Private Limited, Globalwash Garment Processing House Private Limited, Lenzing Modi Fibers India Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Ashok Kumar Goyle ceased to be Director on 06 May 2023. Puneet Fatehchand Jain was appointed as CFO on 06 May 2023. Uravi Mukul Kasliwal was appointed as Additional Director on 06 May 2023. Hindon River Mills has 9 board changes on record in total.
The registered office of Hindon River Mills is at Hindon River Mills Premisses Vill Dasna Hindon Nagar, Ghaziabad, Uttar Pradesh, India – 201010.
Hindon River Mills operates in the manufacturing industry, in the textile and fabric production segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
