Oswal Worsted Spinners Limited
About Oswal Worsted Spinners Limited
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Oswal Worsted Spinners Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 28 September 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17115PB1987PLC007696.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Satish Oswal and Anubhav Oswal.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 92 Vijay Nagar Industrial Area A, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2019, the company reported a revenue of ₹19.63 Lakh, a growth of 71% compared to the previous year. For the same year it recorded a net loss of ₹29,832 (net margin -1.5%) and EBITDA of -₹28,479 (EBITDA margin -1.5%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has open charges of ₹1.45 Cr and satisfied charges of ₹21.56 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address92 Vijay Nagar Industrial Area A, Ludhiana, Punjab, India – 141003
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Oswal Worsted Spinners Limited
The main business activity of Oswal Worsted Spinners is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Oswal Worsted Spinners Limited FY 2019 filings available
Oswal Worsted Spinners Limited reported revenue of ₹19.63 Lakh (up 71% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Oswal Worsted Spinners Limited
Revenue rose 71% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA fell 162% 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 of Oswal Worsted Spinners Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | 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 | -₹28,479 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹29,832 | •••• | •••• | •••• | •••• |
| 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 Oswal Worsted Spinners Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.5% | •••• | •••• | •••• | •••• |
| 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 Oswal Worsted Spinners 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.
Peer Comparison of Oswal Worsted Spinners Limited
Oswal Worsted Spinners Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| House of Singhvis Private Limited | ₹20.65 Lakh (FY 2025) | •••• | •••• | 40.0% | •••• | Delhi, India |
| Gemini Textiles Private Limited | ₹20.41 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Saisha Sales Private Limited | ₹20.07 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Dreammate Private Limited | ₹19.76 Lakh (FY 2023) | •••• | •••• | 157.0% | •••• | Rourkela, Odisha, India |
| Orange Trades Private Limited | ₹19.68 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Hubli, Karnataka, India |
| Oswal Worsted Spinners Limited this company | ₹19.63 Lakh (FY 2019) | •••• | •••• | 71.0% | •••• | Ludhiana, Punjab, India |
| Sarala Fashions Private Limited | ₹19.58 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Kolkata, West Bengal, India |
| Century Safety Wears Private Limited | ₹19.2 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Kolkata, West Bengal, India |
| Cac Merchandising Private Limited | ₹19.15 Lakh (FY 2024) | •••• | •••• | -89.0% | •••• | Mumbai, Maharashtra, India |
| BD Communications Private Limited | ₹19.14 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Ludhiana, Punjab, India |
| G H & Sons Trading Private Limited | ₹19.08 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Bolangir, Odisha, India |
Peers are the five companies nearest above and the five nearest below Oswal Worsted Spinners by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Oswal Worsted Spinners Limited
Oswal Worsted Spinners Limited is audited by GARG S. KUMAR & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GARG S. KUMAR & ASSOCIATES | 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 Oswal Worsted Spinners Limited
Oswal Worsted Spinners has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Oswal Also directs: Oswal Spinning Limited, Oswal Cottex Exports Limited, Rajen and Santosh Private Ltd and 4 more | Director | 10 Jun 1998 | 28 Years 4 Months | Current |
| Anubhav Oswal Also directs: Oswal Cottex Exports Limited, Oswal Agroils Limited, Oswal Capital Services Limited and 3 more | Director | 30 Sep 2010 | 16 Years 0 Months | Current |
| Raj Paul Oswal Also directs: Oswal Spinning Limited, Oswal Cottex Exports Limited, Rajen and Santosh Private Ltd and 1 more | Director | 10 Jun 1998 | 28 Years 4 Months | Current |
Ownership and Shareholding of Oswal Worsted Spinners 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 Oswal Worsted Spinners Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Feb 1989 | Punjab State Industrial Development Corp | ₹90 Lakh | Open |
| 29 Dec 1988 | Punjab Financial Corporation | ₹55 Lakh | Open |
| 20 Mar 2002 | State Bank of Patiala | ₹21.56 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Oswal Worsted Spinners Limited
Oswal Worsted Spinners Limited has 7 court cases on record: 5 filed by Oswal Worsted Spinners, 2 filed against it. 2 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
| Supreme Court | 1 | 0 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed by the company against Indian Acrylics Limited | Pending |
| High Court of Punjab and Haryana | Revision petition | Filed by the company against Indian Acrylics Limited | Disposed |
| High Court of Punjab and Haryana | Appeal | Filed against the company by Indian Acrylics Limited | Disposed |
| High Court of Punjab and Haryana | Appeal | Filed by the company against Indian Acrylics Limited | Disposed |
| District court, Chandigarh | Interim or miscellaneous application | Filed by the company against Indian Acrylic Ltd | Pending |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Oswal Worsted Spinners Limited
Employment history and EPFO contributions of people linked to Oswal Worsted Spinners.
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.
CIN History of Oswal Worsted Spinners Limited
Oswal Worsted Spinners has one previous CIN (Corporate Identification Number): L17115PB1987PLC007696. The current CIN is U17115PB1987PLC007696, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17115PB1987PLC007696 | Current |
| L17115PB1987PLC007696 | Previous |
Recent Activity on Oswal Worsted Spinners Limited
Oswal Worsted Spinners Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Anubhav Oswal was appointed as Director on 30 Sep 2010.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Oswal Worsted Spinners 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 Oswal Worsted Spinners 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 Oswal Worsted Spinners 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.
GST Compliance of Oswal Worsted Spinners 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.
MCA Filings & Documents of Oswal Worsted Spinners 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.
Frequently Asked Questions about Oswal Worsted Spinners Limited
Oswal Worsted Spinners is an active public limited company based in Ludhiana, Punjab, India. The company works in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 28 September 1987 (39+ years old) and is registered under CIN U17115PB1987PLC007696.
Oswal Worsted Spinners reported revenue of ₹19.63 Lakh for FY 2019 (up 71% YoY).
Oswal Worsted Spinners has 3 current directors:
- Satish Oswal - Director
- Anubhav Oswal - Director
- Raj Paul Oswal - Director
Oswal Worsted Spinners reported a net loss of ₹29,832 (net margin -1.5%) and EBITDA of -₹28,479 (EBITDA margin -1.5%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Oswal Worsted Spinners is -19% over three years. In the latest year (FY 2019) revenue rose 71%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Oswal Worsted Spinners is U17115PB1987PLC007696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oswal Worsted Spinners has 7 court cases on record: 5 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Oswal Worsted Spinners was incorporated on 28 September 1987, making it 39+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Oswal Worsted Spinners by revenue are House of Singhvis Private Limited, Gemini Textiles Private Limited, Saisha Sales Private Limited, Dreammate Private Limited, Orange Trades Private Limited and 5 more, all in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution).
Anubhav Oswal was appointed as Director on 30 Sep 2010. Inder Singh ceased to be Director on 30 Sep 2010. Raj Paul Oswal was appointed as Director on 10 Jun 1998. Oswal Worsted Spinners has 4 board changes on record in total.
The registered office of Oswal Worsted Spinners is at 92 Vijay Nagar Industrial Area A, Ludhiana, Punjab, India – 141003.