Modern Terry Towels Limited Company Logo

Modern Terry Towels Limited - Company Profile

It is a manufacturing public limited company based in Jaipur, Rajasthan, India, established in 1976.

1976 | Jaipur, Rajasthan, India | Amalgamated
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About Modern Terry Towels Limited

Modern Terry Towels Limited, a amalgamated public limited company, was established on 13 August 1976 in Jaipur, Rajasthan, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L17124RJ1976PLC001869. Registered under ROC Roc Jaipur. it is listed. It has an authorized capital of ₹65.00 Cr and a paid-up capital of ₹38.10 Cr.

Employing 84 professional, Its leadership includes Sureshkumar Mohanlal Sharma (Director), Meenu Alok Sacheti (Director), Sanjay Baijal (Whole-Time Director). Past directors included Punit Saxena, Sureshkumar Mohanlal Sharma, Brij Lal Khanna. It holds no open charges and ₹110.55 Cr settled loans. Its latest AGM occurred on 22 September 2016, with the balance sheet filed on 31 March 2016. It is based at A-4, Vijay Path, Tilak Nagar,, Jaipur, Rajasthan, 302004.

Company Details

  • CIN/LLPIN

    L17124RJ1976PLC001869

  • Registration Number

    001869

  • Incorporation Date

    13 August 1976

  • Authorized Capital

    ₹65.00 Cr

  • Paid-Up Capital

    ₹38.10 Cr

  • ROC Code

    Roc Jaipur

  • Listing Status

    Listed

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 65.00 Cr
  • Paid Up Capital ₹ 38.10 Cr
  • Company Age 49 Year, 3 Months
  • Last Filing with ROC 31 Mar 2016
  • Satisfied Charges ₹ 110.55 Cr
  • Revenue Growth 90.12%
  • Profit Growth -132.97%
  • Ebitda 131.00%
  • Net Worth -27.29%
  • Total Assets 25.98%
Company report

Modern Terry Towels Limited

Company Report FY 2025-2026

Explore comprehensive insights into Modern Terry Towels Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Modern Terry Towels Limited?

Current Directors

NameDesignationAppointment DateStatus
Sureshkumar Mohanlal SharmaDirector31 Mar 2008Current
Meenu Alok SachetiDirector31 Mar 2015Current
Sanjay BaijalWhole-Time Director01 Jul 2013Current
Sachin RankaDirector25 Sep 1992Current
Hiralal SharmaDirector24 Mar 2001Current
Prabhakar Krishna RaoDirector31 Mar 2000Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director05 Jan 2010Past
Pramod AbcsddWhole-Time Director30 Sep 2008Past
Pramod AbcsddNominee Director03 Feb 2016Past
Pramod AbcsddAdditional Director22 Sep 2015Past
Pramod AbcsddAdditional Director01 Jul 2013Past
Pramod AbcsddNominee Director30 Jun 2009Past

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Financial Performance of Modern Terry Towels.

Modern Terry Towels Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 90.12% increase. The company also saw a substantial fall in profitability, with a 132.97% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.29%.

Modern Terry Towels revenue growth over time
Modern Terry Towels profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
90.12%
Revenue from Operations
94.15%
Total Assets
25.98%
Profit or Loss
-132.97%
Net Worth
-27.29%
EBITDA
131.00%

What is the Ownership and Shareholding Structure of Modern Terry Towels?

In 2016, Modern Terry Towels had a promoter holding of 41.91% and a public holding of 58.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,105,500,000.00

Charges Breakdown by Lending Institutions

  • Bank Of India : 29.80 Cr
  • Punjab & Sind Bank : 28.38 Cr
  • Asian Finance & Investment Corporation Ltd. : 26.24 Cr
  • Oriental Bank Of Commerce : 10.36 Cr
  • Indian Overseas Bank : 10.00 Cr
  • Others : 5.77 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 1998Bank Of India₹4.75 CrSatisfied
26 Aug 1995Punjab & Sind Bank₹2.50 CrSatisfied
12 May 1995Indian Overseas Bank₹10.00 CrSatisfied
04 May 1995Punjab & Sind Bank₹4.13 CrSatisfied
04 May 1995Punjab & Sind Bank₹2.50 MSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Modern Terry Towels?

Modern Terry Towels has a workforce of 84 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Modern Terry Towels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Terry Towels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Modern Terry Towels's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Modern Terry Towels

Recent Activity within the Organization

  • Annual General Meeting

    Modern Terry Towels Limited last Annual general meeting of members was held on 22 Sep 2016 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Modern Terry Towels Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Jaipur. was documented.

  • Director Appointment

    The activity Meenu Alok Sacheti was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 10 years 7 months . was completed.

  • Director Appointment

    The activity Vishnu Kant Mangal was appointed as a CFO was appointed as a CFO on 01 Jul 2014 & has been associated with this company since 11 years 4 months . was completed.

  • Director Appointment

    Sanjay Baijal was appointed as a Whole-time director was appointed as a Whole-time director on 01 Jul 2013 & has been associated with this company since 12 years 4 months . was recorded as a recent event.

  • Charges

    A charge registered on 26 Aug 1995 via Charge ID 80062567 with Punjab & Sind Bank was fully satisfied on 05 Sep 2012. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Modern Terry Towels Limited?

    The CIN of Modern Terry Towels Limited is L17124RJ1976PLC001869.

  • Where is Modern Terry Towels Limited headquartered?

    Modern Terry Towels Limited is headquartered at A-4, Vijay Path, Tilak Nagar,, Jaipur, Rajasthan, 302004.

  • When was Modern Terry Towels Limited incorporated?

    Modern Terry Towels Limited was incorporated on 13 August 1976.

  • Who are the current directors of Modern Terry Towels Limited?

    The current directors of Modern Terry Towels Limited are

  • What is the primary industry of Modern Terry Towels Limited?

    The primary industry of Modern Terry Towels Limited is Manufacturing.

  • Is Modern Terry Towels Limited a listed company?

    Modern Terry Towels Limited is listed.

  • What is the capital structure of Modern Terry Towels Limited?

    The authorized capital of Modern Terry Towels Limited is ₹65.00 Cr, and the paid-up capital is ₹38.10 Cr.

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