Kanoria Textile Limited
About Kanoria Textile Limited
Data last updated:
Kanoria Textile Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile segment of the apparel and fashion sector. It was incorporated on 30 January 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH2006PLC159458.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Amisha Ashwinikumar Kanoria and Devapriya Kanoria.
Its last annual general meeting (AGM) was held on 30 May 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹77,155, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹2.87 Lakh (net margin -371.7%) and EBITDA of -₹1.36 Lakh (EBITDA margin -176.3%). Revenue has grown at a compounded annual rate (CAGR) of 135% over three years.
Company details
CIN history
Kanoria Textile has one previous CIN (Corporate Identification Number): U99999MH2006PTC159458. The current CIN is U99999MH2006PLC159458, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH2006PLC159458 | Current |
| U99999MH2006PTC159458 | Previous |
Contact details
Kanoria Textile Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address72 Floor – 7 Plot – 20 Laspalmas K.S.Tayebji Road No.1 Nr.Kamala Nehru Udyan Malaba, R Hill, Mumbai, Maharashtra, India – 400006
- IndustryAppreal & Fashion, Textile
To see the full contact details of Kanoria Textile 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 Kanoria Textile Limited
FY 2018 filings availableKanoria Textile Limited reported revenue of ₹77,155 (down 44% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 135%. EBITDA rose 61% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹77,155 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.36 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.87 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -176.3% | |||
| Net Profit Margin | -371.7% | |||
| 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 Kanoria Textile Limited, buy the company report.
Board of directors of Kanoria Textile Limited
Kanoria Textile has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amisha Ashwinikumar Kanoria Also directs: Devashri Tradevest Private Limited | Director | 11 Feb 2016 | 10 Years 8 Months | As last reported |
| Devapriya Kanoria Also directs: Aditya Mills Ltd, B K Traders Ad Exporters Private Limited, Sunbhakti Trading Company Private Limited and 3 more | Director | 02 Feb 2006 | 20 Years 9 Months | As last reported |
| Ashwinikumar Kanoria | Director | 02 Feb 2006 | 20 Years 9 Months | As last reported |
| Vivardhan Kanoria | Director | 27 Jun 2013 | 13 Years 4 Months | As last reported |
Auditor
Kanoria Textile Limited is audited by PRAKASH MODI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH MODI & ASSOCIATES | FY 2018 | 116900W |
Shareholding
The shareholding of Kanoria Textile Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kanoria Textile Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kanoria Textile 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 Kanoria Textile Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Kanoria Textile Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kanoria Textile Limited has 7 board changes on record since 2006: 4 appointments and 3 cessations. The latest: Amisha Ashwinikumar Kanoria ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Kanoria Textile has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Kanoria Textile was a public limited company based in Mumbai, Maharashtra, India. The company worked in textile, within the apparel and fashion industry. It was incorporated on 30 January 2006 and is registered under CIN U99999MH2006PLC159458. The company has been struck off by the Registrar of Companies and is no longer operational.
Kanoria Textile had 4 directors:
- Amisha Ashwinikumar Kanoria - Director
- Devapriya Kanoria - Director
- Ashwinikumar Kanoria - Director
- Vivardhan Kanoria - Director
The CIN (Corporate Identification Number) of Kanoria Textile is U99999MH2006PLC159458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kanoria Textile is at 72 Floor – 7 Plot – 20 Laspalmas K.S.Tayebji Road No.1 Nr.Kamala Nehru Udyan Malaba, R Hill, Mumbai, Maharashtra, India – 400006.
Kanoria Textile was incorporated on 30 January 2006. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Kanoria Textile on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 May 2018. Year-wise statements from 2015 are in the company report.
Kanoria Textile operated in the apparel and fashion industry, in the textile segment. It worked in this industry before it was struck off.
Amisha Ashwinikumar Kanoria ceased to be Additional Director on 30 Sep 2016. Amisha Ashwinikumar Kanoria was appointed as Director on 11 Feb 2016. Vivardhan Kanoria ceased to be Additional Director on 03 Sep 2013. Kanoria Textile has 7 board changes on record in total.
Kanoria Textile can be reached at its registered office: 72 Floor – 7 Plot – 20 Laspalmas K.S.Tayebji Road No.1 Nr.Kamala Nehru Udyan Malaba, R Hill, Mumbai, Maharashtra, India – 400006.
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.
