About Oswal Woollen Mills Ltd
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Oswal Woollen Mills Ltd is a public limited company based in Punjab, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 23 June 1949 and has been in existence for over 77 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U40300PB1949PLC001522. Its GSTIN is 03AAACO1973F1ZS (Punjab). The company holds 11 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹70.55 Cr and a paid-up capital of ₹61.65 Cr. It is led by directors including Kamal Oswal (Managing Director) and Jawahar Lal Oswal (Managing Director).
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 G T Roadsherpur Ludhiana, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹827.7 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹10.69 Cr (net margin 1.3%) and EBITDA of ₹72.15 Cr (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 6% over five years.
The company has about 4,344 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NAHAR Group. As per MCA filings, the company has open charges of ₹609.89 Cr and satisfied charges of ₹2,075.84 Cr on record. Court records list 194 cases involving the company, including 140 filed by the company and 54 filed against it; 24 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website owmnahar.com.
Company details
CIN history
Oswal Woollen Mills has one previous CIN (Corporate Identification Number): U17117PB1949PLC001522. The current CIN is U40300PB1949PLC001522, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300PB1949PLC001522 | Current |
| U17117PB1949PLC001522 | Previous |
Contact details
Oswal Woollen Mills Ltd's registered office is in Punjab. Its website is owmnahar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG T Roadsherpur Ludhiana, Punjab, India
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Oswal Woollen Mills Ltd, 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
Brands
Oswal Woollen Mills operates one associated brand: NAHAR Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fabrics and garments are contract-manufactured by NAHAR Group. | owmnahar.com |
Business activity
The main business activity of Oswal Woollen Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Oswal Woollen Mills Ltd, buy the company report.
Financials of Oswal Woollen Mills Ltd
FY 2024 filings availableOswal Woollen Mills Ltd reported revenue of ₹827.7 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 9% fall in the latest year. EBITDA rose 77% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹72.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.69 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Oswal Woollen Mills Ltd, buy the company report.
Board of directors of Oswal Woollen Mills Ltd
Oswal Woollen Mills has 10 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Oswal Woollen Mills Ltd is compared with the 7 companies closest to it by revenue in the BFSI industry (Real Estate Leasing, Textiles, Wind Power), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ambika Cotton Mills Limited | ₹846.21 Cr (FY 2024) | -2.0% | Coimbatore, Tamil Nadu, India | |||
| Ganges Jute Private Limited | ₹840.38 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Milan Ginning Pressing Limited | ₹836.75 Cr (FY 2025) | -8.0% | Limbdi, Gujarat, India | |||
| K.M.Knitwear Private Limited | ₹835.85 Cr (FY 2025) | 38.0% | Coimbatore, Tamil Nadu, India | |||
| Oswal Woollen Mills Ltdthis company | ₹827.7 Cr (FY 2025) | ₹10.69 Cr | 1.3% | -9.0% | 4,344 | Punjab, India |
| Radhamani Textiles Private Limited | ₹818.67 Cr (FY 2025) | 35.0% | Bangalore, Karnataka, India | |||
| NSL Textiles Limited | ₹817.66 Cr (FY 2025) | -19.0% | Guntur, Andhra Pradesh, India | |||
| L.S. Mills Limited | ₹815.63 Cr (FY 2025) | 16.0% | Theni, Tamil Nadu, India |
To see the full peer comparison of Oswal Woollen Mills Ltd, buy the company report.
Auditor
Oswal Woollen Mills Ltd is audited by Gupta Vigg & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Vigg & Co. | FY 2023 | 001393N |
Shareholding
The shareholding of Oswal Woollen Mills Ltd 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Oswal Woollen Mills Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2025 | 101062919 | Indian Bank | ₹50 Cr | Open | |
| 29 Jan 2022 | 100538644 | State Bank of India | ₹34 Cr | Open | |
| 28 Sep 2021 | 100490465 | Hdfc Bank Limited | ₹45.89 Cr | Open | |
| 22 Jun 2004 | 90169963 | State Bank of India | ₹480 Cr | Open | |
| 02 Aug 2021 | 100471761 | Yes Bank Limited | ₹100 Cr | Satisfied |
To see the full charge records of Oswal Woollen Mills Ltd, buy the company report.
Total charge records: 49 View all charges
Legal cases
Oswal Woollen Mills Ltd has 194 court cases on record: 140 filed by Oswal Woollen Mills, 54 filed against it. 24 cases are pending and 170 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 120 | 25 | 22 |
| High courts | 64 | 25 | 2 |
| Supreme Court | 8 | 3 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 194)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mohali, Punjab | Cheque dishonour complaint | Filed by the company against Divinitee Genesis Apparels Pvt Ltd | Pending |
| NCLT, NCLT Indore | Court case (MA(IBC)) | Filed by the company against Eki Energy Services Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Sealand Logistics and Shipping Services Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Sealand Logistics and Shipping Services Pvt. Ltd. | Disposed |
| District court, Mohali, Punjab | Civil suit | Filed by the company against Saswata Mitra Director of Sealand Logistics and Shipping Services Pvt. Ltd. and 5 others | Disposed |
To see the full case history of Oswal Woollen Mills Ltd, 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
Oswal Woollen Mills Ltd was last rated by Icra on 09 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 09 Jun 2022 |
To see the full credit ratings and regulatory alerts of Oswal Woollen Mills Ltd, buy the company report.
MSME payment delays
Oswal Woollen Mills Ltd has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 20 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Omni Mech Seals Private Limited | |||
| Synergy Products | |||
| an individual supplier |
To see the full MSME payment records of Oswal Woollen Mills Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Oswal Woollen Mills Ltd has a workforce of 4,344 employees on its EPFO records as of Apr 02, 2024, across 4 active EPFO establishments.
GST
Oswal Woollen Mills has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACO1973F1ZS | Punjab | Active | 01 Jul 2017 |
| 06AAACO1973F1ZM | Haryana | Active | 01 Jul 2017 |
| 08AAACO1973F1ZI | Rajasthan | Active | 01 Jul 2017 |
| 23AAACO1973F1ZQ | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Oswal Woollen Mills Ltd, buy the company report.
Recent activity
Oswal Woollen Mills Ltd has 29 board changes on record since 1964: 11 appointments and 18 cessations. The latest: Manisha Gupta was appointed as Additional Director on 12 Nov 2025.
132 earlier events are in the company report.
News
Frequently asked questions
Oswal Woollen Mills is an active public limited company based in Punjab, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 23 June 1949 (77+ years old) and is registered under CIN U40300PB1949PLC001522.
Oswal Woollen Mills has 10 current directors:
- Kamal Oswal - Managing Director
- Jawahar Lal Oswal - Managing Director
- Dinesh Gogna - Whole-Time Director
- Suresh Kumar Singla - Director
- Dinesh Oswal - Director
- Som Garg - Director
- Sandeep Jain - Director
- Roshan Lal Behl - Director
- Rishabh Oswal - Director
- Manisha Gupta - Additional Director
The latest financial statements of Oswal Woollen 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 Oswal Woollen Mills is 03AAACO1973F1ZS, registered in Punjab. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAACO1973F1ZM (Haryana), 08AAACO1973F1ZI (Rajasthan), 23AAACO1973F1ZQ (Madhya Pradesh).
The CIN (Corporate Identification Number) of Oswal Woollen Mills is U40300PB1949PLC001522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oswal Woollen Mills has 194 court cases on record: 140 filed by the company and 54 filed against it. 24 are pending. Most are in the district courts.
Oswal Woollen Mills was incorporated on 23 June 1949, making it 77+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Oswal Woollen Mills by revenue are Ambika Cotton Mills Limited, Ganges Jute Private Limited, Milan Ginning Pressing Limited, K.M.Knitwear Private Limited, Radhamani Textiles Private Limited and 2 more, all in the BFSI industry (Real Estate Leasing, Textiles, Wind Power), with the same principal business activity (textile, leather and other apparel products).
Manisha Gupta was appointed as Additional Director on 12 Nov 2025. Suresh Kumar Singla was appointed as Director on 30 Sep 2023. Rahul Tiwari ceased to be Company Secretary on 09 Jan 2023. Oswal Woollen Mills has 29 board changes on record in total.
Oswal Woollen Mills has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 20 overdue payments to 11 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Oswal Woollen Mills can be reached through the website owmnahar.com. Its registered office is in Punjab, India.
The registered office of Oswal Woollen Mills is at G T Roadsherpur Ludhiana, Punjab, India.
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