About Yajur Bast Fibres Limited
Data last updated:
Yajur Bast Fibres Limited was a public limited company based in Uluberia, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 March 1996.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB1996PLC078796. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹13.5 Cr and a paid-up capital of ₹13.32 Cr. It was formerly known as Usha Corporation Limited and Mfl Corporation Ltd. It was led by directors including Ranjit Majumdar and Satyananda Sahoo.
Its last annual general meeting (AGM) was held on 16 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Phuleswar Uluberia Howrah – 711316, West Bengal, India – 711316.
As per the financials filed for FY 2022, the company reported a revenue of ₹41.96 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹2.26 Cr (net margin 5.4%) and EBITDA of ₹4.83 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 55% over five years.
The company had about 341 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Yajur Bast Fibres Limited. As per MCA filings, the company had satisfied charges of ₹5 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 4 cases are pending.
The last known website on record is yajurfibres.com.
Company details
Name history
Yajur Bast Fibres has undergone 2 name changes throughout its history. The company was previously known as Usha Corporation Limited, and Mfl Corporation Ltd.. The current legal name is Yajur Bast Fibres Limited.
| Company Name | Status |
|---|---|
| Yajur Bast Fibres Limited | Current |
| Usha Corporation Limited | Previous |
| Mfl Corporation Ltd. | Previous |
CIN history
Yajur Bast Fibres has one previous CIN (Corporate Identification Number): U74999WB1996PTC078796. The current CIN is U74999WB1996PLC078796, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999WB1996PLC078796 | Current |
| U74999WB1996PTC078796 | Previous |
Contact details
Yajur Bast Fibres Limited's registered office is in Uluberia, West Bengal. Its website is yajurfibres.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPhuleswar Uluberia Howrah – 711316, West Bengal, India – 711316
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Yajur Bast Fibres Limited, 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
Yajur Bast Fibres operates one associated brand: Yajur Bast Fibres Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bast fibre processing and yarn manufacturing in India. | yajurfibres.com |
Business activity
The main business activity of Yajur Bast Fibres 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 Yajur Bast Fibres Limited, buy the company report.
Financials of Yajur Bast Fibres Limited
FY 2022 filings availableYajur Bast Fibres Limited reported revenue of ₹41.96 Cr (up 77% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 77% growth in the latest year. EBITDA rose 81% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹41.96 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.26 Cr | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | 5.4% | ||||
| 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 Yajur Bast Fibres Limited, buy the company report.
Board of directors of Yajur Bast Fibres Limited
Yajur Bast Fibres has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjit Majumdar Also directs: Shineup Industrial & Sewing Threads Private Limited, Gold View Financial Services Limited, Aadhunik Real Estates Pvt Ltd and 1 more | Director | 02 Nov 2010 | 16 Years 0 Months | As last reported |
| Satyananda Sahoo | Director | 22 Mar 2022 | 4 Years 7 Months | As last reported |
| Amitava Banerjee Also directs: Bally Fabs International Limited, Ambica Capital Markets Limited | Director | 04 Mar 2021 | 5 Years 7 Months | As last reported |
Peer comparison
Yajur Bast Fibres Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| Kisah Apparels Private Limited | ₹42.05 Cr (FY 2025) | 66.0% | Kolkata, West Bengal, India | |||
| Gajanand Spintex India Private Limited | ₹42.01 Cr (FY 2018) | 3.0% | Mehsana, Gujarat, India | |||
| V. S. K. Synthetics Private Limited | ₹41.98 Cr (FY 2024) | -9.0% | Jolwa, Gujarat, India | |||
| Yajur Bast Fibres Limitedthis company | ₹41.96 Cr (FY 2022) | ₹2.26 Cr | 5.4% | 77.0% | 341 | Uluberia, West Bengal, India |
| SVS Cottons (India) Private Limited | ₹41.94 Cr (FY 2024) | -12.0% | Mahabub Nagar, Telangana, India | |||
| Birli Spinning Mill Private Limited | ₹41.93 Cr (FY 2024) | -15.0% | Kangeyam, Tamil Nadu, India | |||
| Tuni Textile Mills Limited | ₹41.88 Cr (FY 2022) | 64.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Yajur Bast Fibres Limited, buy the company report.
Auditor
Yajur Bast Fibres Limited is audited by BAS & CO. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAS & CO. LLP | FY 2022 | 323347E/E300008 |
Shareholding
The shareholding of Yajur Bast Fibres Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Yajur Bast Fibres Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2007 | 10065301 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Yajur Bast Fibres Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Yajur Bast Fibres Limited has 9 court cases on record: 6 filed by Yajur Bast Fibres, 3 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 4 |
| High courts | 3 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by M/S. Dolar Gold Belts and Fans Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (Special cbi Case) | Filed against the company by an individual | Pending |
| District court, Howrah, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| District court, Howrah, West Bengal | Civil suit | Filed by the company against individuals | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Yajur Bast Fibres Limited, 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
Yajur Bast Fibres Limited was last rated by Indiarating on 29 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 29 Dec 2021 |
To see the full credit ratings and regulatory alerts of Yajur Bast Fibres Limited, buy the company report.
MSME payment delays
Yajur Bast Fibres Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 29 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Bharat Oxytech Private Limited | |||
| Ladhuram Toshniwal and Sons Electricals Private Limited | |||
| an individual supplier | |||
| Surex Productions & Sales Pvt Ltd |
To see the full MSME payment records of Yajur Bast Fibres Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Yajur Bast Fibres Limited has a workforce of 341 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Yajur Bast Fibres has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Yajur Bast Fibres Limited, buy the company report.
Recent activity
Yajur Bast Fibres Limited has 16 board changes on record since 2010: 3 appointments and 13 cessations. The latest: Buddhadeb Samanta ceased to be CFO on 23 Jan 2023.
10 earlier events are in the company report.
Frequently asked questions
Yajur Bast Fibres has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Yajur Bast Fibres was a public limited company based in Uluberia, West Bengal, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 29 March 1996 and is registered under CIN U74999WB1996PLC078796. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Yajur Bast Fibres was incorporated on 29 March 1996. It is registered with the Registrar of Companies, Kolkata.
Yajur Bast Fibres had 3 directors:
- Ranjit Majumdar - Director
- Satyananda Sahoo - Director
- Amitava Banerjee - Director
The CIN (Corporate Identification Number) of Yajur Bast Fibres is U74999WB1996PLC078796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Yajur Bast Fibres is at Phuleswar Uluberia Howrah – 711316, West Bengal, India – 711316.
Yajur Bast Fibres can be reached through the website yajurfibres.com. Its registered office is in Uluberia, West Bengal, India.
The latest financial statements of Yajur Bast Fibres on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 16 September 2022. Year-wise statements from 2015 are in the company report.
No. Yajur Bast Fibres has 1 GST registration on record and it is cancelled or inactive.
Yajur Bast Fibres operated in the manufacturing industry, in the textile and fabric production segment.
The peers of Yajur Bast Fibres by revenue are Kisah Apparels Private Limited, Gajanand Spintex India Private Limited, V. S. K. Synthetics Private Limited, SVS Cottons (India) Private Limited, Birli Spinning Mill Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Yajur Bast Fibres has 3 MSME Form 1 returns on record between 2019 and 2020, listing 29 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Oct 2020.
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