Nascent Textiles Private Limited
About Nascent Textiles Private Limited
Data last updated:
Nascent Textiles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile spinning and weaving segment of the textiles sector. It was incorporated on 30 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH2004PTC045619.
The company has an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Alka Narayan Podar and Podar Narayan Pragnesh.
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 17 Floor – 1 Plot – 17 Ropalane Chandanwadi Chira Bazar, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2021, the company reported a revenue of ₹46,524, a growth of 0% compared to the previous year. For the same year it recorded a net profit of ₹24,706 (net margin 53.1%) and EBITDA of ₹24,706 (EBITDA margin 53.1%). Revenue has grown at a compounded annual rate (CAGR) of 149% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address17 Floor – 1 Plot – 17 Ropalane Chandanwadi Chira Bazar, Mumbai, Maharashtra, India – 400002
- IndustryTextile, Spinning & Weaving
- 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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Auditor Details of Nascent Textiles Private Limited
Nascent Textiles Private Limited is audited by RAJESH BHUPENDRA & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH BHUPENDRA & 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 Nascent Textiles Private Limited
Nascent Textiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alka Narayan Podar Also directs: Nipra Fabrics Private Limited, Nidhi Textiles Pvt Ltd, Nandan Plastics Private Limited and 2 more | Director | 28 Jul 2006 | 20 Years 2 Months | Current |
| Podar Narayan Pragnesh Also directs: Nipra Fabrics Private Limited, Nidhi Textiles Pvt Ltd, Nandan Plastics Private Limited and 3 more | Director | 01 Aug 2007 | 19 Years 2 Months | Current |
Financials of Nascent Textiles Private Limited FY 2021 filings available
Nascent Textiles Private Limited reported revenue of ₹46,524 for FY 2021.
Growth of Nascent Textiles Private Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | n/a | ▲ 149% | n/a |
| Net profit | ▲ 232% | ▲ 39% | ▲ 23% |
| EBITDA | ▲ 232% | ▲ 39% | ▲ 23% |
Revenue has grown at a compounded annual rate (CAGR) of 149% over three 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 of Nascent Textiles Private 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 | ₹24,706 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24,706 | •••• | •••• | •••• | •••• |
| 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 Nascent Textiles Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 53.1% | •••• | •••• | •••• | •••• |
| 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 Nascent Textiles 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.
Ownership and Shareholding of Nascent Textiles Private 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 Nascent Textiles Private Limited
Nascent Textiles Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nascent Textiles Private Limited
Employment history and EPFO contributions of people linked to Nascent Textiles.
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.
GST Compliance of Nascent Textiles Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Nascent Textiles Private 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 Nascent Textiles Private 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 Nascent Textiles Private 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.
MCA Filings & Documents of Nascent Textiles Private 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.
Recent Activity on Nascent Textiles Private Limited
Frequently Asked Questions about Nascent Textiles Private Limited
Nascent Textiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in spinning and weaving, within the textile industry. It was incorporated on 30 September 2004 (22+ years old) and is registered under CIN U17100MH2004PTC045619.
Nascent Textiles reported revenue of ₹46,524 for FY 2021 (up 0.00% YoY).
Nascent Textiles has 2 current directors:
- Alka Narayan Podar - Director
- Podar Narayan Pragnesh - Director
Nascent Textiles reported a net profit of ₹24,706 (net margin 53.1%) and EBITDA of ₹24,706 (EBITDA margin 53.1%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nascent Textiles is 149% over three years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Nascent Textiles is U17100MH2004PTC045619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nascent Textiles was incorporated on 30 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Nascent Textiles is at 17 Floor – 1 Plot – 17 Ropalane Chandanwadi Chira Bazar, Mumbai, Maharashtra, India – 400002.
Nascent Textiles has an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹2.5 Lakh.