Nalanda Spinners Limited
About Nalanda Spinners Limited
Data last updated:
Nalanda Spinners 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 01 February 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17219PB1983PLC005284. Its GSTIN is 03AACCN4333N1ZI (Punjab).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹78.18 Lakh. It is led by directors including Raghunath Nayar and Avinash Kapoor.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at K 1 Textile Colonyindustrial Area A Ludhiana., Punjab, India – 141003.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.93 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹1.86 Cr (net margin 37.8%) and EBITDA of ₹1.86 Cr (EBITDA margin 37.8%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 47% over five years.
As per MCA filings, the company has open charges of ₹8 Lakh and satisfied charges of ₹9.16 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- WebsiteLocked
- Social MediaLocked
- Registered AddressK 1 Textile Colonyindustrial Area A Ludhiana., Punjab, India – 141003
- IndustryManufacturing, Textile & Fabric Production
- 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
Business Activity of Nalanda Spinners Limited
The main business activity of Nalanda Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nalanda Spinners Limited FY 2021 filings available
Nalanda Spinners Limited reported revenue of ₹4.93 Cr (up 31% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Nalanda Spinners Limited
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 31% growth in the latest year. EBITDA rose 37% 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 Nalanda Spinners Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹1.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.86 Cr | •••• | •••• | •••• | •••• |
| 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 Nalanda Spinners Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 37.8% | •••• | •••• | •••• | •••• |
| 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 Nalanda Spinners 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.
Peer Comparison of Nalanda Spinners Limited
Nalanda Spinners Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Nageshwari Trims Private Limited | •••• | •••• | •••• | •••• | - | Dahisar West, Maharashtra, India |
| Purlbee Warpers and Sizers Private Limited | •••• | •••• | •••• | •••• | - | Akiwat, Maharashtra, India |
| Punjab Transformers and Electronics Private Limited | •••• | •••• | •••• | •••• | - | Punjab, India |
| First Source Merchandise Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Siddhi Synthetics Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Nalanda Spinners Limited this company | •••• | •••• | •••• | •••• | - | Punjab, India |
| Charvi Tex Prints India Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Qualis Apparels Private Limited | •••• | •••• | •••• | •••• | - | South Delhi, Delhi, India |
| Friends Twisters Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Khushi Textiles Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Aussco Aquatech Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Nalanda Spinners by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Nalanda Spinners Limited
Nalanda Spinners Limited is audited by DINESH MEHTANI & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DINESH MEHTANI & 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 Nalanda Spinners Limited
Nalanda Spinners has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunath Nayar Also directs: Hind Woollen and Hosiery Mills Pvt Ltd | Director | 15 May 2001 | 25 Years 4 Months | Current |
| Subhash Duggal | Additional Director | 18 Sep 2017 | 9 Years 0 Months | Current |
| Avinash Kapoor | Director | 01 Feb 1983 | 43 Years 8 Months | Current |
Ownership and Shareholding of Nalanda Spinners 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 Nalanda Spinners Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2023 | Bank of India | ₹8 Lakh | Open |
| 15 Apr 1999 | Bank of India | ₹3.06 Cr | Satisfied |
| 15 Apr 1999 | Bank of India | ₹38.11 Lakh | Satisfied |
| 15 Apr 1999 | Bank of India | ₹1.87 Cr | Satisfied |
| 10 Jun 1996 | Bank of India | ₹75 Lakh | Satisfied |
Total charge records: 12 View all charges
Legal Cases of Nalanda Spinners Limited
Nalanda Spinners Limited has 8 court cases on record: 5 filed by Nalanda Spinners, 3 filed against it. 1 case is pending and 7 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| District courts | 4 | 3 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Execution petition | Filed against the company by Angelique International Limited | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Punjab & Ors | Pending |
| District court, Bilaspur, Himachal Pradesh | Court case (Motor Vehc Act) | Filed against the company by State of HP | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Punjab & Ors | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Nalanda Spinners Limited
Employment history and EPFO contributions of people linked to Nalanda Spinners.
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.
CIN History of Nalanda Spinners Limited
Nalanda Spinners has one previous CIN (Corporate Identification Number): L17219PB1983PLC005284. The current CIN is U17219PB1983PLC005284, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17219PB1983PLC005284 | Current |
| L17219PB1983PLC005284 | Previous |
Recent Activity on Nalanda Spinners Limited
Nalanda Spinners Limited has 4 board changes on record since 1983: 3 appointments and 1 cessation. The latest: Manju Kapoor ceased to be Director on 18 Sep 2017.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nalanda Spinners 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 Nalanda Spinners 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 Nalanda Spinners 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.
GST Compliance of Nalanda Spinners Limited
Nalanda Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCN4333N1ZI | Punjab | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Nalanda Spinners 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.
Frequently Asked Questions about Nalanda Spinners Limited
Nalanda Spinners 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 01 February 1983 (43+ years old) and is registered under CIN U17219PB1983PLC005284.
Nalanda Spinners reported revenue of ₹4.93 Cr for FY 2021 (up 31% YoY).
Nalanda Spinners has 3 current directors:
- Raghunath Nayar - Director
- Subhash Duggal - Additional Director
- Avinash Kapoor - Director
Nalanda Spinners reported a net profit of ₹1.86 Cr (net margin 37.8%) and EBITDA of ₹1.86 Cr (EBITDA margin 37.8%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nalanda Spinners is 46% over three years and 47% over five years. In the latest year (FY 2021) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nalanda Spinners is 03AACCN4333N1ZI, registered in Punjab.
The CIN (Corporate Identification Number) of Nalanda Spinners is U17219PB1983PLC005284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nalanda Spinners has 8 court cases on record: 5 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Nalanda Spinners was incorporated on 01 February 1983, making it 43+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Nalanda Spinners by revenue are Shree Nageshwari Trims Private Limited, Purlbee Warpers and Sizers Private Limited, Punjab Transformers and Electronics Private Limited, First Source Merchandise Private Limited, Siddhi Synthetics Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Manju Kapoor ceased to be Director on 18 Sep 2017. Subhash Duggal was appointed as Additional Director on 18 Sep 2017. Raghunath Nayar was appointed as Director on 15 May 2001. Nalanda Spinners has 4 board changes on record in total.