New Textiles Private Limited
About New Textiles Private Limited
Data last updated:
New Textiles Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 02 May 1951.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH1951PTC008489.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.75 Lakh.
Its last annual general meeting (AGM) was held on 24 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 30 Keshavrao Khadye Marg Sant Gadge Maharaj Chowk, Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2016, the company reported a revenue of ₹38.54 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹14.76 Lakh (net margin 38.3%) and EBITDA of ₹18.99 Lakh (EBITDA margin 49.3%).
Company details
CIN history
New Textiles has one previous CIN (Corporate Identification Number): U51109MH1951PLC008489. The current CIN is U51109MH1951PTC008489, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109MH1951PTC008489 | Current |
| U51109MH1951PLC008489 | Previous |
Contact details
New Textiles Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address30 Keshavrao Khadye Marg Sant Gadge Maharaj Chowk, Mumbai, Maharashtra, India – 400011
- IndustryFinancial Services, Financial Activities
- 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
Business activity
The main business activity of New Textiles is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of New Textiles Private Limited, buy the company report.
Financials of New Textiles Private Limited
FY 2016 filings availableNew Textiles Private Limited reported revenue of ₹38.54 Lakh (up 12% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA fell 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹18.99 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹14.76 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 49.3% | |
| Net Profit Margin | 38.3% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| 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 New Textiles Private Limited, buy the company report.
Board of directors of New Textiles Private Limited
New Textiles has 5 former directors on record and no current directors listed.
Legal cases
No court or tribunal cases involving New Textiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for New Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for New Textiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
New Textiles Private Limited has 5 board changes on record since 2012: 0 appointments and 5 cessations. The latest: Nandan Surajratan Damani ceased to be Director on 27 Apr 2017.
Frequently asked questions
New Textiles has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
New Textiles was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 02 May 1951 and is registered under CIN U51109MH1951PTC008489. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of New Textiles is U51109MH1951PTC008489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Textiles was incorporated on 02 May 1951. It is registered with the Registrar of Companies, Mumbai.
The registered office of New Textiles is at 30 Keshavrao Khadye Marg Sant Gadge Maharaj Chowk, Mumbai, Maharashtra, India – 400011.
The latest financial statements of New Textiles on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 24 August 2016. Year-wise statements from 2015 are in the company report.
New Textiles operated in the financial services industry, in the financial activities segment.
Nandan Surajratan Damani ceased to be Director on 27 Apr 2017. Sandhya Ravindranath Kini ceased to be Director on 27 Apr 2017. Sanjay Nandan Damani ceased to be Director on 27 Apr 2017. New Textiles has 5 board changes on record in total.
New Textiles can be reached at its registered office: 30 Keshavrao Khadye Marg Sant Gadge Maharaj Chowk, Mumbai, Maharashtra, India – 400011.
New Textiles is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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