About Longowalia Yarns Limited
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Longowalia Yarns Limited is a public limited company based in Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17115PB1994PLC014692. Its GSTIN is 03AABCA4409R1ZN (Punjab). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.43 Cr. It was formerly known as Amarson Yarns Limited. It is led by directors including Sanjay Garg (Managing Director) and Parmod Kumar Puri (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G.T. Road Doraha Ludhiana Punjab, Punjab, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹199.35 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹49.67 Lakh (net margin 0.2%) and EBITDA of ₹14.61 Cr (EBITDA margin 7.3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Longowalia Yarns Limited. As per MCA filings, the company has open charges of ₹143.82 Cr and satisfied charges of ₹293.53 Cr on record. Court records list 50 cases involving the company, including 22 filed by the company and 28 filed against it; 17 cases are pending. The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹51.81 Cr; the latest was in June 2016. Its 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 4 smaller; the largest is Shree Bharat International Private Limited with revenue of ₹201.63 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2023, listing 391 overdue payments to 23 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website longowalia.com.
Company details
CIN history
Longowalia Yarns has one previous CIN (Corporate Identification Number): L17115PB1994PLC014692. The current CIN is U17115PB1994PLC014692, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17115PB1994PLC014692 | Current |
| L17115PB1994PLC014692 | Previous |
Contact details
Longowalia Yarns Limited's registered office is in Punjab. Its website is longowalia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG.T. Road Doraha Ludhiana Punjab, Punjab, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Longowalia Yarns 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
Longowalia Yarns operates one associated brand: Longowalia Yarns Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Yarn and fabric manufacturing operations in Ludhiana, India. | longowalia.com |
Business activity
The main business activity of Longowalia Yarns 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 Longowalia Yarns Limited, buy the company report.
Financials of Longowalia Yarns Limited
FY 2024 filings availableLongowalia Yarns Limited reported revenue of ₹199.35 Cr (down 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 47% fall in the latest year. EBITDA fell 17% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹14.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.67 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Longowalia Yarns Limited, buy the company report.
Board of directors of Longowalia Yarns Limited
Longowalia Yarns has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parmod Kumar Puri | Whole-Time Director | 01 Aug 2019 | 7 Years 3 Months | Current |
| Shri Krishna Singh | Director | 15 Apr 2025 | 1 Years 6 Months | Current |
| Sanjay Garg Also directs: SPS Logistics LLP | Managing Director | 05 Jan 2001 | 25 Years 10 Months | Current |
| Virendra Kumar Bhatia | Director Appointed In Casual Vacancy | 11 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Longowalia Yarns Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Shree Bharat International Private Limited | ₹201.63 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Bhuvaneswari Cotspin India Private Limited | ₹201.22 Cr (FY 2024) | -17.0% | Coimbatore, Tamil Nadu, India | |||
| Owm Poly Yarn Limited | ₹200.93 Cr (FY 2025) | 43.0% | Ludhiana, Punjab, India | |||
| Parth International Private Limited | ₹200.1 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Sri Lalithambighai Textiles Private Limited | ₹199.83 Cr (FY 2025) | -14.0% | Tirupur, Tamil Nadu, India | |||
| Longowalia Yarns Limitedthis company | ₹199.35 Cr (FY 2024) | ₹49.67 Lakh | 0.2% | -47.0% | 49 | Punjab, India |
| Jiva Designs Pvt. Ltd. | ₹199.25 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Murarka Suitings Private Limited | ₹198.53 Cr (FY 2025) | -6.0% | Bhilwara, Rajasthan, India | |||
| Shree Raghuvanshi Fibers Private Limited | ₹198.2 Cr (FY 2016) | 40.0% | Gondal, Gujarat, India | |||
| Pallava Spinning Mills Private Limited | ₹197.82 Cr (FY 2024) | 8.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Longowalia Yarns Limited, buy the company report.
Auditor
Longowalia Yarns Limited is audited by D R Gupta & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D R Gupta & Associates | FY 2023 | 025704N |
Shareholding
The shareholding of Longowalia Yarns Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Longowalia Yarns Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2023 | 100736074 | Hdfc Bank Limited | ₹87.5 Lakh | Open | |
| 14 Nov 2022 | 100641936 | Hdfc Bank Limited | ₹23.5 Lakh | Open | |
| 27 Sep 2022 | 100619292 | State Bank of India | ₹20 Cr | Open | |
| 19 Nov 2020 | 100408583 | Hdfc Bank Limited | ₹28 Lakh | Open | |
| 27 Dec 2019 | 100315694 | Hdfc Bank Limited | ₹19.51 Cr | Open |
To see the full charge records of Longowalia Yarns Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Longowalia Yarns Limited has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹51.81 Cr; the latest was in June 2016.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Funding round | ₹26.56 Cr | Investors: Future Corporation Limited , Dynamic Realcon Private Limited , Vishwanath Infracon Limited |
| Mar 2012 | Funding round | ₹12.75 Cr | Investors: General Denim Industries Limited , P.P. Syntex Private Limited , Swarna Buildwell Limited |
| Aug 2011 | Funding round | ₹11 Cr | Investors: St. Trance Sound Private Limited, Symbolic Finance and Investment Pvt Ltd , Sharan Exports India Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Deepak Cosmo Limited |
To see the full deal history of Longowalia Yarns 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
Longowalia Yarns Limited has 50 court cases on record: 22 filed by Longowalia Yarns, 28 filed against it. 17 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 19 | 7 |
| High courts | 18 | 9 | 10 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against HDFC Bank Limited and 2 others | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by M/S Varda Spinning and Weaving Mills Pvt Ltd | Pending |
| District court, Panchkula, Haryana | Civil suit | Filed against the company by M/S Aggarsain Spinners Limited | Disposed |
| District court, Panchkula, Haryana | Appeal | Filed by the company against M/S Aggarsain Spinners Limited | Disposed |
| District court, Panchkula, Haryana | Court case (COMI) | Filed against the company by M/S Aggarsain Spinners Limited and 1 other | Disposed |
To see the full case history of Longowalia Yarns 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.
Credit ratings & regulatory alerts
Longowalia Yarns Limited was last rated by Crisil on 21 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Dec 2020 |
To see the full credit ratings and regulatory alerts of Longowalia Yarns Limited, buy the company report.
MSME payment delays
Longowalia Yarns Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 391 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Fine Plastics | |||
| an individual supplier | |||
| Jindal Agencies |
To see the full MSME payment records of Longowalia Yarns Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Longowalia Yarns Limited has a workforce of 49 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Longowalia Yarns has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCA4409R1ZN | Punjab | Active | 01 Jul 2017 |
| 02AABCA4409R2ZO | Himachal Pradesh | Active | 04 Sep 2017 |
| 012200000136ARI | Jammu and Kashmir | Active | 27 Oct 2022 |
| 01AABCA4409R1ZR | Jammu and Kashmir | Active | 29 Aug 2024 |
To see the full GST registrations and return filing status of Longowalia Yarns Limited, buy the company report.
Recent activity
Longowalia Yarns Limited has 10 board changes on record since 2001: 4 appointments and 6 cessations. The latest: Shri Krishna Singh was appointed as Director on 15 Apr 2025.
33 earlier events are in the company report.
Frequently asked questions
Longowalia Yarns is an active public limited company based in Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 June 1994 (32+ years old) and is registered under CIN U17115PB1994PLC014692.
Longowalia Yarns has 4 current directors:
- Sanjay Garg - Managing Director
- Parmod Kumar Puri - Whole-Time Director
- Shri Krishna Singh - Director
- Virendra Kumar Bhatia - Director Appointed In Casual Vacancy
The latest financial statements of Longowalia Yarns on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Longowalia Yarns is 03AABCA4409R1ZN, registered in Punjab. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 02AABCA4409R2ZO (Himachal Pradesh), 012200000136ARI (Jammu and Kashmir), 01AABCA4409R1ZR (Jammu and Kashmir).
The CIN (Corporate Identification Number) of Longowalia Yarns is U17115PB1994PLC014692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Longowalia Yarns has 50 court cases on record: 22 filed by the company and 28 filed against it. 17 are pending. Most are in the district courts.
Longowalia Yarns was incorporated on 09 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
Longowalia Yarns has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹51.81 Cr; the latest was in June 2016.
The peers of Longowalia Yarns by revenue are Shree Bharat International Private Limited, Bhuvaneswari Cotspin India Private Limited, Owm Poly Yarn Limited, Parth International Private Limited, Sri Lalithambighai Textiles Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Shri Krishna Singh was appointed as Director on 15 Apr 2025. Virendra Kumar Bhatia ceased to be Director Appointed In Casual Vacancy on 15 Apr 2025. Kritika Sagar ceased to be Company Secretary on 30 Nov 2019. Longowalia Yarns has 10 board changes on record in total.
Longowalia Yarns has 5 MSME Form 1 returns on record between 2019 and 2023, listing 391 overdue payments to 23 micro and small suppliers. The latest return was filed on 31 Aug 2023.
Longowalia Yarns can be reached through the website longowalia.com. Its registered office is in Punjab, India.
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