About J M Commodities Limited
Data last updated:
J M Commodities Limited was a public limited company based in Mumbai, Maharashtra, 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 and fabric production segment of the manufacturing sector. It was incorporated on 01 February 1979.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1979PLC020978. The company has 5 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was formerly known as J M Textiles Limited. It was led by directors including Mohanlal Ramgopal Jatia (Managing Director) and Arun Kumar Modi.
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 701 Tulsiani Chambers Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.89 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹31.09 Lakh (net margin -2.4%) and EBITDA of ₹36.86 Lakh (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 31% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: JM Commodities. As per MCA filings, the company had satisfied charges of ₹11 Lakh on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 2 cases are pending.
The last known website on record is jmcommodities.com.
Company details
Contact details
J M Commodities Limited's registered office is in Mumbai, Maharashtra. Its website is jmcommodities.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address701 Tulsiani Chambers Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of J M Commodities 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
Brands
J M Commodities operates one associated brand: JM Commodities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commodities trading services, emphasizing agriculture and industrial supplies across India. | jmcommodities.com |
Business activity
The main business activity of J M Commodities is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of J M Commodities Limited, buy the company report.
Financials of J M Commodities Limited
FY 2022 filings availableJ M Commodities Limited reported revenue of ₹12.89 Cr (down 19% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 19% fall in the latest year. EBITDA fell 76% 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 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 | ₹12.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹36.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31.09 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | -2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 J M Commodities Limited, buy the company report.
Board of directors and KMP of J M Commodities Limited
J M Commodities Limited currently reports 4 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohanlal Ramgopal Jatia Also directs: Greenland Holdings LLP | Managing Director | 01 Feb 1979 | 47 Years 9 Months | As last reported |
| Arun Kumar Modi Also directs: Aristocrat Marketing Limited | Director | 20 Dec 2016 | 9 Years 10 Months | As last reported |
| Panna Lal Jyotshi | Director | 30 Jan 2016 | 10 Years 9 Months | As last reported |
| Vijayalaxmi Kailash Nath Gupta Also directs: Aarvee Cold Chain Logistics Private Limited | Company Secretary | 10 Apr 2019 | 7 Years 6 Months | As last reported |
| Sanjay Mohanlal Jatia Also directs: Greenland Holdings LLP, Ramgopal Polytex Limited, Ramgopal Synthetics Limited and 2 more | Director | 21 Dec 1987 | 38 Years 10 Months | As last reported |
Auditor
J M Commodities Limited is audited by Ravi Seth & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravi Seth & Co. | FY 2022 | 108757W |
Shareholding
The shareholding of J M Commodities Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of J M Commodities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2017 | 100159777 | Others | ₹11 Lakh | Satisfied |
To see the full charge records of J M Commodities Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
J M Commodities Limited has 13 court cases on record: 9 filed by J M Commodities, 4 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 0 |
| High courts | 4 | 3 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company by Jaylon Agencies Pvt. Ltd Erroneously As Jaylon Impat(India) Pvt. Ltd and 1 other | Pending |
| Bombay High Court | Company petition | Filed by the company against M/S. Tulsi Extrusions Ltd. (Cin L29120mh1994plc081182) | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Ms. Tulsi Extrusions Ltd. and 6 others | Disposed |
| High Court of Gujarat | Special civil application | Filed against the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Arora Industries | Disposed |
To see the full case history of J M Commodities 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 J M Commodities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
J M Commodities Limited has a workforce of 1 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
J M Commodities has 5 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 J M Commodities Limited, buy the company report.
Recent activity
J M Commodities Limited has 11 board changes on record since 1979: 5 appointments and 6 cessations. The latest: Vijayalaxmi Kailash Nath Gupta was appointed as Company Secretary on 10 Apr 2019.
4 earlier events are in the company report.
Frequently asked questions
J M Commodities 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.
J M Commodities was a public limited company based in Mumbai, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 01 February 1979 and is registered under CIN U17120MH1979PLC020978. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
J M Commodities was incorporated on 01 February 1979. It is registered with the Registrar of Companies, Mumbai.
J M Commodities had 5 directors and KMP:
- Mohanlal Ramgopal Jatia - Managing Director
- Arun Kumar Modi - Director
- Panna Lal Jyotshi - Director
- Sanjay Mohanlal Jatia - Director
- Vijayalaxmi Kailash Nath Gupta - Company Secretary
The CIN (Corporate Identification Number) of J M Commodities is U17120MH1979PLC020978. 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 J M Commodities is at 701 Tulsiani Chambers Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
J M Commodities can be reached through the website jmcommodities.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of J M Commodities on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
No. J M Commodities has 5 GST registrations on record and all of them are cancelled or inactive.
J M Commodities operated in the manufacturing industry, in the textile and fabric production segment.
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