- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-04-0000426

About Nandi Vardhana Textile Mills Limited
Data last updated:
Nandi Vardhana Textile Mills Limited is a public limited company based in Guntur, Andhra Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U18101AP2005PLC046546. Its GSTIN is 37AACCN1423H1ZR (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.34 Cr. It was formerly known as Nandhi Vardhana Textile Mills Private Limited and Nandhi Vardhana Textile Mills Limited. It is led by directors including Srinivasa Rao Pinninti (Managing Director) and Allu Venkateswara Reddy.
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 NH – 5 Timmapuram Yadlapadu Mandal, Guntur, Andhra Pradesh, India – 522233.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.99 Cr. For the same year it recorded a net loss of ₹51.1 Lakh (net margin -25.7%) and EBITDA of -₹1.08 Cr (EBITDA margin -54.4%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 44% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13 Cr and satisfied charges of ₹51.89 Cr on record. Court records list 25 cases involving the company, including 4 filed by the company and 21 filed against it; 6 cases are pending.
Nandi Vardhana Textile Mills Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-04-0000426). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website nandivardhanatextile.com.
Company details
Name history
Nandi Vardhana Textile Mills has undergone 3 name changes throughout its history. The company was previously known as Nandhi Vardhana Textile Mills Private Limited, Nandhi Vardhana Textile Mills Limited, and Nandhi Vardhana Textile Mills Limited. The current legal name is Nandi Vardhana Textile Mills Limited.
| Company Name | Status |
|---|---|
| Nandi Vardhana Textile Mills Limited | Current |
| Nandhi Vardhana Textile Mills Private Limited | Previous |
| Nandhi Vardhana Textile Mills Limited | Previous |
| Nandhi Vardhana Textile Mills Limited | Previous |
CIN history
Nandi Vardhana Textile Mills has one previous CIN (Corporate Identification Number): U18101AP2005PTC046546. The current CIN is U18101AP2005PLC046546, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18101AP2005PLC046546 | Current |
| U18101AP2005PTC046546 | Previous |
Recognitions & Rankings of Nandi Vardhana Textile Mills
Contact details
Nandi Vardhana Textile Mills Limited's registered office is in Guntur, Andhra Pradesh. Its website is nandivardhanatextile.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNH – 5 Timmapuram Yadlapadu Mandal, Guntur, Andhra Pradesh, India – 522233
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Nandi Vardhana Textile Mills 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
Financials of Nandi Vardhana Textile Mills Limited
FY 2024 filings availableNandi Vardhana Textile Mills Limited reported revenue of ₹1.99 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.99 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹51.1 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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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -54.4% | ||||
| Net Profit Margin | -25.7% | ||||
| 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 | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Nandi Vardhana Textile Mills Limited, buy the company report.
Board of directors of Nandi Vardhana Textile Mills Limited
Nandi Vardhana Textile Mills has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Rao Pinninti | Managing Director | 15 Jun 2005 | 21 Years 4 Months | Current |
| Allu Venkateswara Reddy | Director | 16 Feb 2015 | 11 Years 8 Months | Current |
| Padmavathi Pinninti | Director | 15 Jun 2005 | 21 Years 4 Months | Current |
Auditor
Nandi Vardhana Textile Mills Limited is audited by R J B & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R J B & Associates | FY 2023 | 018125S |
Shareholding
The shareholding of Nandi Vardhana Textile Mills 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nandi Vardhana Textile Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2022 | 100657857 | Others | ₹8 Cr | Open | |
| 22 Feb 2022 | 100554669 | Others | ₹5 Cr | Open | |
| 23 Jun 2021 | 100460806 | Others | ₹5 Cr | Satisfied | |
| 02 Feb 2006 | 90263066 | State Bank of India | ₹46.89 Cr | Satisfied |
To see the full charge records of Nandi Vardhana Textile Mills Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Nandi Vardhana Textile Mills Limited has 25 court cases on record: 4 filed by Nandi Vardhana Textile Mills, 21 filed against it. 6 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 14 | 4 |
| District courts | 6 | 6 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by The State of Andhra Pradesh | Pending |
| High Court of Andhra Pradesh | Appeal | Filed against the company by The State of Andhra Pradesh | Pending |
| High Court of Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
| High Court, ANDHRAPRADESH | Court case (MACMA) | Filed against the company by an individual | Pending |
| District court, Guntur, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Nandi Vardhana Textile Mills 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
Nandi Vardhana Textile Mills Limited was last rated by Care on 11 Feb 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 11 Feb 2026 |
To see the full credit ratings and regulatory alerts of Nandi Vardhana Textile Mills Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nandi Vardhana Textile Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nandi Vardhana Textile Mills Limited has a workforce of 53 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Nandi Vardhana Textile Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCN1423H1ZR | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nandi Vardhana Textile Mills Limited, buy the company report.
Recent activity
Nandi Vardhana Textile Mills Limited has 8 board changes on record since 2005: 4 appointments and 4 cessations. The latest: Mahesh Pinninti was appointed as CFO on 01 Jul 2022.
6 earlier events are in the company report.
Frequently asked questions
Nandi Vardhana Textile Mills is an active public limited company based in Guntur, Andhra Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 June 2005 (21+ years old) and is registered under CIN U18101AP2005PLC046546.
Nandi Vardhana Textile Mills has 3 current directors:
- Srinivasa Rao Pinninti - Managing Director
- Allu Venkateswara Reddy - Director
- Padmavathi Pinninti - Director
The latest financial statements of Nandi Vardhana Textile Mills 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 Nandi Vardhana Textile Mills is 37AACCN1423H1ZR, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nandi Vardhana Textile Mills is U18101AP2005PLC046546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nandi Vardhana Textile Mills has 25 court cases on record: 4 filed by the company and 21 filed against it. 6 are pending. Most are in the high courts.
Nandi Vardhana Textile Mills was incorporated on 15 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Vijayawada.
Mahesh Pinninti was appointed as CFO on 01 Jul 2022. Anjaiah Gonuguntla ceased to be Director on 31 Mar 2016. Veeraiah Vasireddy ceased to be Director on 31 Mar 2016. Nandi Vardhana Textile Mills has 8 board changes on record in total.
Yes, Nandi Vardhana Textile Mills is registered as a small enterprise under Udyam registration (number: UDYAM-AP-04-0000426).
Nandi Vardhana Textile Mills can be reached through the website nandivardhanatextile.com. Its registered office is in Guntur, Andhra Pradesh, India.

