MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-MH-20-0096846
Indoworth India Limited - manufacturing in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹376.52 Cr
▲ 11% YoY
Net profit · FY 2019
₹18.47 Cr
Net margin 4.9%
EBITDA · FY 2019
₹22.85 Cr
EBITDA margin 6.1%
Authorised capital
₹60 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Satisfied charges
₹42 Cr
No open charges
Company age
29 yrs
Est. 1997
Directors on board
5
As per MCA filings
About Indoworth India Limited
Data last updated:
Indoworth India Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01122MH1997PLC105543. Its GSTIN is 27AABCI0704R1ZF (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Kanodia Green Worth (India) Limited. It is led by directors including Rajesh Kumar Rai (Whole-Time Director) and Ram Dutt Sharma.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at B – 130/1 MIDC Industrial Area Butibori, Nagpur, Maharashtra, India – 441108.
As per the financials filed for FY 2019, the company reported a revenue of ₹376.52 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹18.47 Cr (net margin 4.9%) and EBITDA of ₹22.85 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
Its group structure includes 11 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹42 Cr on record. Court records list 113 cases involving the company, including 78 filed by the company and 35 filed against it; 26 cases are pending. The company has 6 deals on record (4 secondary share transfers, 1 debt financing, 1 funding round), with disclosed funding of ₹30.95 Cr; the latest was in October 2018. 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, 4 larger and 4 smaller; the largest is Ginni Filaments Limited. with revenue of ₹379.5 Cr.
Indoworth India Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0096846). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indoworthindialimited.com.
Company details
CIN U01122MH1997PLC105543
Registration Number 105543
Incorporation Date 13 January 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-20-0096846
CIN history
Indoworth India has one previous CIN (Corporate Identification Number): U01122MH2004PLC105543. The current CIN is U01122MH1997PLC105543, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01122MH1997PLC105543 | Current |
| U01122MH2004PLC105543 | Previous |
Key People
Rajesh Kumar Rai Whole-Time Director Ram Dutt Sharma Director Kamlesh Kumar Mall Additional Director Recognitions & Rankings of Indoworth India
Contact details
Indoworth India Limited's registered office is in Nagpur, Maharashtra. Its website is indoworthindialimited.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 130/1 MIDC Industrial Area Butibori, Nagpur, Maharashtra, India – 441108
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Indoworth India Limited, buy the company report.
Comprehensive company report
Indoworth India Limited - one report that includes everything
- 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
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Business activity
The main business activity of Indoworth 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 Indoworth India Limited, buy the company report.
Financials of Indoworth India Limited
FY 2019 filings availableIndoworth India Limited reported revenue of ₹376.52 Cr (up 11% YoY) for FY 2019.
Revenue · FY 2019
₹376.52 Cr ▲ 11%
Net profit · FY 2019
₹18.47 Cr margin 4.9%
EBITDA · FY 2019
₹22.85 Cr margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 114%
Revenue has grown at a compounded annual rate (CAGR) of 16% over three years, including 11% growth in the latest year. EBITDA rose 114% 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 | ₹376.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.47 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 | 6.1% | ||||
| Net Profit Margin | 4.9% | ||||
| 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 Indoworth India Limited, buy the company report.
Board of directors of Indoworth India Limited
Indoworth India has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Dutt Sharma Also directs: Harekrishna Abasan Private Limited, Precious Holdings Pvt Ltd, Vishaka Services Private Limited and 5 more | Director | 29 Sep 2018 | 8 Years 1 Months | Current |
| Kamlesh Kumar Mall | Additional Director | 14 Jul 2020 | 6 Years 3 Months | Current |
| Sanjoy Kumar Sett Also directs: Uniworth Projects Ltd., Harekrishna Abasan Private Limited, Precious Holdings Pvt Ltd and 5 more | Director | 14 Jan 2016 | 10 Years 9 Months | Current |
| Manakkal Seetharaman Easwaran | Director | 30 Sep 2015 | 11 Years 1 Months | Current |
| Rajesh Kumar Rai | Whole-Time Director | 10 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Indoworth 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 |
|---|---|---|---|---|---|---|
| Ginni Filaments Limited. | ₹379.5 Cr (FY 2025) | 8.0% | Dadri, Uttar Pradesh, India | |||
| Blueocean Ecotech Limited | ₹379.25 Cr (FY 2025) | 89.0% | Bhopal, Madhya Pradesh, India | |||
| Shree Shiddhanath Cotex Private Limited | ₹378.86 Cr (FY 2022) | 283.0% | Rajkot, Gujarat, India | |||
| Bogmallo Enterprises Limited | ₹378.31 Cr (FY 2024) | 59.0% | Mumbai, Maharashtra, India | |||
| Indoworth India Limitedthis company | ₹376.52 Cr (FY 2019) | ₹18.47 Cr | 4.9% | 11.0% | Nagpur, Maharashtra, India | |
| Paramount Textile Mills Private Limited | ₹375.73 Cr (FY 2025) | 19.0% | Madurai, Tamil Nadu, India | |||
| BRFL Textiles Private Limited | ₹371.42 Cr (FY 2025) | -22.0% | Palghar, Maharashtra, India | |||
| Ginza Industries Ltd. | ₹370.44 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Sahiba Limited | ₹369.52 Cr (FY 2021) | -24.0% | Mangrol, Gujarat, India |
To see the full peer comparison of Indoworth India Limited, buy the company report.
Auditor
Indoworth India Limited is audited by R. K. CHANDAK & CO. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. K. CHANDAK & CO. | FY 2019 | 319248E |
Shareholding
The shareholding of Indoworth India Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Indoworth India Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹42 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2004 | 80014410 | Uniworth International Limited | ₹30 Cr | Satisfied | |
| 27 Dec 2001 | 90237470 | Centurian Bank Ltd. | ₹12 Cr | Satisfied |
To see the full charge records of Indoworth India Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Indoworth India Limited has 6 deals on record (4 secondary share transfers, 1 debt financing, 1 funding round), with disclosed funding of ₹30.95 Cr; the latest was in October 2018.
Total deals
6
Secondary share transfers
4
Debt financing
1
Funding round
1
Disclosed funding
₹30.95 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2016 | Funding round | ₹95 Lakh | Investors: Ajey Prakash Lohia Huf, Dhanrashi Vinimay Pvt. Ltd. , Devpriya Vinimay Pvt. Ltd. |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: Lohia Trust, 3 individuals Seller: 4 individuals |
| Mar 2012 | Debt financing | ₹30 Cr | Investors: Indusind Bank Ltd. |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: Dolphin Impex Co Limited, Goldstar Impex Co. Limited Seller: Aakins Holdings Limited |
To see the full deal history of Indoworth India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indoworth India Limited has 113 court cases on record: 78 filed by Indoworth India, 35 filed against it. 26 cases are pending and 87 are disposed.
Total cases
113
Filed by the company
78
Filed against the company
35
Pending
26
Disposed
87
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 69 | 13 | 11 |
| District courts | 41 | 20 | 14 |
| Supreme Court | 2 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 113)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2904-Labour and Industrial Laws : Labour welfare legislations e.g. Factories Act, trade unions and other labour matters) | Filed by the company against State of Maharashtra and 5 others | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against VHM Industries Ltd. and 2 others | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Schenker India Pvt. Ltd. | Pending |
| High Court | Civil suit | Filed by the company against Axis Bank Limited and Ors. | Pending |
| District court, Nagpur, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against M/S Summit Adventures Pvt. Ltd. and 2 others | Pending |
To see the full case history of Indoworth 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 Indoworth India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indoworth India has 11 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
11
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Harekrishna Abasan Private Limited | U70102WB2013PTC193779 | |
| Precious Holdings Pvt Ltd | U70109WB1993PTC059734 | |
| Vishaka Services Private Limited | U74900WB2013PTC191715 | |
| Precious Enclave Private Limited | U74999WB2016PTC216537 | |
| Vishaka Enclave Private Limited | U74999WB2016PTC216573 | |
| Hare Krishna Enclave Private Limited | U74999WB2016PTC216592 |
To see the full group structure of Indoworth India Limited, buy the company report.
GST
Indoworth India has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI0704R1ZF | Maharashtra | Active | 01 Jul 2017 |
| 03AABCI0704R1ZP | Punjab | Active | 01 Jul 2017 |
| 22AABCI0704R1ZP | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indoworth India Limited, buy the company report.
Recent activity
Indoworth India Limited has 18 board changes on record since 2007: 5 appointments and 13 cessations. The latest: Kamlesh Kumar Mall ceased to be Additional Director on 05 Jul 2021.
Ceased
Kamlesh Kumar Mall ceased to be Additional Director.
Appointed
Kamlesh Kumar Mall was appointed as Additional Director.
AGM
Indoworth India Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Ceased
Manakkal Seetharaman Easwaran ceased to be Director.
Filing
Indoworth India Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Ceased
Rajesh Kumar Rai ceased to be Additional Director.
Appointed
Ram Dutt Sharma was appointed as Director.
Ceased
Ram Dutt Sharma ceased to be Additional Director.
Appointed
Rajesh Kumar Rai was appointed as Whole-Time Director.
Ceased
Lab Chandra Chakravorty ceased to be Whole-Time Director.
Charges
A charge registered on 08 Mar 2004 via Charge ID 80014410 with Uniworth International Limited was fully satisfied on 08 Aug 2017.
Charges
A charge registered on 27 Dec 2001 via Charge ID 90237470 with Centurian Bank Ltd. was fully satisfied on 13 Feb 2017.
13 earlier events are in the company report.
Frequently asked questions
Indoworth India is an active public limited company based in Nagpur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 January 1997 (29+ years old) and is registered under CIN U01122MH1997PLC105543.
Indoworth India has 5 current directors:
- Rajesh Kumar Rai - Whole-Time Director
- Ram Dutt Sharma - Director
- Kamlesh Kumar Mall - Additional Director
- Sanjoy Kumar Sett - Director
- Manakkal Seetharaman Easwaran - Director
The latest financial statements of Indoworth India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Indoworth India is 27AABCI0704R1ZF, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 03AABCI0704R1ZP (Punjab), 22AABCI0704R1ZP (Chhattisgarh).
The CIN (Corporate Identification Number) of Indoworth India is U01122MH1997PLC105543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indoworth India has 113 court cases on record: 78 filed by the company and 35 filed against it. 26 are pending. Most are in the high courts.
Indoworth India was incorporated on 13 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Indoworth India has 6 deals on record (4 secondary share transfers, 1 debt financing, 1 funding round), with disclosed funding of ₹30.95 Cr; the latest was in October 2018.
The peers of Indoworth India by revenue are Ginni Filaments Limited, Blueocean Ecotech Limited, Shree Shiddhanath Cotex Private Limited, Bogmallo Enterprises Limited, Paramount Textile Mills Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kamlesh Kumar Mall ceased to be Additional Director on 05 Jul 2021. Kamlesh Kumar Mall was appointed as Additional Director on 14 Jul 2020. Manakkal Seetharaman Easwaran ceased to be Director on 20 Sep 2019. Indoworth India has 18 board changes on record in total.
Yes, Indoworth India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0096846).
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