Nandi Vardhana Textile Mills Limited

Nandi Vardhana Textile Mills Limited - manufacturing in Guntur, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U18101AP2005PLC046546 Incorporated 15 June 2005 ROC Vijayawada HQ Guntur, Andhra Pradesh, India
Active Public Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2023
₹1.99 Cr
Latest filing
Net loss · FY 2023
₹51.1 Lakh
Net margin -25.7%
EBITDA · FY 2023
-₹1.08 Cr
EBITDA margin -54.4%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹11.34 Cr
Issued & subscribed
Open charges
₹13 Cr
Satisfied ₹51.89 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
53
Provident fund records

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

CIN U18101AP2005PLC046546
Registration Number 046546
Incorporation Date 15 June 2005
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-AP-04-0000426

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 NameStatus
Nandi Vardhana Textile Mills LimitedCurrent
Nandhi Vardhana Textile Mills Private LimitedPrevious
Nandhi Vardhana Textile Mills LimitedPrevious
Nandhi Vardhana Textile Mills LimitedPrevious

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.

CINStatus
U18101AP2005PLC046546Current
U18101AP2005PTC046546Previous

Recognitions & Rankings of Nandi Vardhana Textile Mills

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-AP-04-0000426

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
  • Registered Address
    NH – 5 Timmapuram Yadlapadu Mandal, Guntur, Andhra Pradesh, India – 522233
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Nandi Vardhana Textile Mills Limited, buy the company report.

Comprehensive company report
Nandi Vardhana Textile Mills Limited - one report that includes everything
  • 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
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Financials of Nandi Vardhana Textile Mills Limited

FY 2024 filings available

Nandi Vardhana Textile Mills Limited reported revenue of ₹1.99 Cr for FY 2023.

Revenue · FY 2023
₹1.99 Cr
Net loss · FY 2023
₹51.1 Lakh margin -25.7%
EBITDA · FY 2023
-₹1.08 Cr margin -54.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 22%
5 years · compounded
▼ 44%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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
Debt-to-Equity Ratio
Interest Coverage Ratio
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Srinivasa Rao PinnintiManaging Director15 Jun 200521 Years 4 MonthsCurrent
Allu Venkateswara ReddyDirector16 Feb 201511 Years 8 MonthsCurrent
Padmavathi PinnintiDirector15 Jun 200521 Years 4 MonthsCurrent

Auditor

Nandi Vardhana Textile Mills Limited is audited by R J B & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R J B & AssociatesFY 2023018125S

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 categoryFY 2023FY 2021FY 2020FY 2019FY 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

Open charges
₹13 Cr
Satisfied charges
₹51.89 Cr
Breakdown by lending institutions
Others₹13.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Nov 2022100657857Others₹8 CrOpen
22 Feb 2022100554669Others₹5 CrOpen
23 Jun 2021100460806Others₹5 CrSatisfied
02 Feb 200690263066State Bank of India₹46.89 CrSatisfied

To see the full charge records of Nandi Vardhana Textile Mills Limited, buy the company report.

Total charge records: 4 View all charges

Credit ratings & regulatory alerts

Nandi Vardhana Textile Mills Limited was last rated by Care on 11 Feb 2026.

Rating agencyRated onRating
Care11 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.

Employee count
53
Active EPFO establishments
1
Employee growth
-17.19%

GST

Nandi Vardhana Textile Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
37AACCN1423H1ZRAndhra PradeshActive01 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.

AGM
Nandi Vardhana Textile Mills Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nandi Vardhana Textile Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100657857 was registered on 03 Nov 2022.
Appointed
Mahesh Pinninti was appointed as CFO.
Charges
A charge registered on 23 Jun 2021 via Charge ID 100460806 with Others was fully satisfied on 23 Feb 2022.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100554669 was registered on 22 Feb 2022.
Charges
A charge registered on 02 Feb 2006 via Charge ID 90263066 with State Bank Of India was fully satisfied on 30 Jun 2021.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100460806 was registered on 23 Jun 2021.
Ceased
Anjaiah Gonuguntla ceased to be Director.
Ceased
Veeraiah Vasireddy ceased to be Director.
Ceased
Allu Venkateswara Reddy ceased to be Additional Director.
Appointed
Allu Venkateswara Reddy was appointed as Director.

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:

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.