About Mittal Spintex Private Limited
Data last updated:
Mittal Spintex Private Limited was a private limited company based in Ludhiana, Punjab, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 08 March 2011.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17290PB2011PTC034792.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.31 Cr. It was led by directors Krishan Kumar and Dushyant Kumar Kapil.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Aarti Complex Gt Road Miller Ganj, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.27 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹71,135 (net margin 56.1%) and EBITDA of ₹95,135 (EBITDA margin 75%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
The last known website on record is aartisteelsltd.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressAarti Complex Gt Road Miller Ganj, Ludhiana, Punjab, India – 141003
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
- One PDF report, delivered after checkout
Auditor Details of Mittal Spintex Private Limited
Mittal Spintex Private Limited is audited by N. K. Bector & Co. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N. K. Bector & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mittal Spintex Private Limited
Mittal Spintex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishan Kumar | Director | 08 Mar 2011 | 15 Years 6 Months | As last reported |
| Dushyant Kumar Kapil Also directs: Aarti Steel International Limited | Director | 08 Mar 2011 | 15 Years 6 Months | As last reported |
Financials of Mittal Spintex Private Limited FY 2022 filings available
Mittal Spintex Private Limited reported revenue of ₹1.27 Lakh (down 11.00% YoY) for FY 2022.
Growth of Mittal Spintex Private Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▼ 11% | ▼ 11% | ▼ 4% |
| Net profit | ▼ 15% | ▼ 15% | ▼ 5% |
| EBITDA | ▼ 18% | ▼ 15% | ▼ 6% |
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 11% fall 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 of Mittal Spintex Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹95,135 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹71,135 | •••• | •••• | •••• | •••• |
| 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 of Mittal Spintex Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 75% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 56.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mittal Spintex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mittal Spintex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mittal Spintex Private Limited
Mittal Spintex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mittal Spintex Private Limited
Employment history and EPFO contributions of people linked to Mittal Spintex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Mittal Spintex Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Mittal Spintex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mittal Spintex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mittal Spintex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mittal Spintex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mittal Spintex Private Limited
Frequently Asked Questions about Mittal Spintex Private Limited
Mittal Spintex has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mittal Spintex was a private limited company based in Ludhiana, Punjab, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 08 March 2011 and is registered under CIN U17290PB2011PTC034792. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mittal Spintex was incorporated on 08 March 2011. It is registered with the Registrar of Companies, Chandigarh.
Mittal Spintex had 2 directors:
- Krishan Kumar - Director
- Dushyant Kumar Kapil - Director
The CIN (Corporate Identification Number) of Mittal Spintex is U17290PB2011PTC034792. 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 Mittal Spintex is at Aarti Complex Gt Road Miller Ganj, Ludhiana, Punjab, India – 141003.
Mittal Spintex can be reached through the website aartisteelsltd.com. Its registered office is in Ludhiana, Punjab, India.
Mittal Spintex reported revenue of ₹1.27 Lakh for FY 2022 (down 11.00% YoY).
Mittal Spintex has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.31 Cr.