CENTRON INDUSTRIAL ALLIANCE LIMITED SHARE
CENTRON INDUSTRIAL ALLIANCE LIMITED is engaged in trading of various products.
However, in FY 2019 and FY 2020, the company didn’t earn anything by trading or manufacturing any product. Their income was only by selling the shares they held as investments.
The Equity shares of the company are listed on Bombay Stock Exchange of India. However, the trading of the shares of Centron Industrial Alliance Limited is suspended with effect from September 2015 due to non-compliance issues.
20 December 1949
Category/Sub-category of the Company
Company Limited by Shares
Address of the Registered office and contact details
21, Floor-2, Plot 741, 7B Prem Court,
Dr. Gopalrao Deshmukh Marg,
Cumballa Hilla, Mumbai- 400026
Name, Address and Contact Details of
Registrar and Transfer Agent, if any
M/s. Adroit Corporate Services Private Limited
19, Jafer Bhoy Industrial Estate,1st Floor, Makwana Road, Marol Naka, Andheri(E), Mumbai- 400059
Tel.:022 - 42270400,28596060/4060,
Email - firstname.lastname@example.org
PRINCIPAL BUSINESS ACTIVITES OF THE COMPANY
Name and Description of main products/services
NIC Code of the product/service
% to total turnover of the Company
BOARD OF DIRECTORS
B A Kulkarni (Chairman)
Ravindra Hetawal (Independent Director)
Mrs. Shobha Garg (Woman Director)
Manish Bhutra (Independent Director)
Anand Pratap Singh (Executive Whole Time Director)
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
CENTRON INDUSTRIAL ALLIANCE LIMITED does not have any subsidiary or associate company.
CENTRON INDUSTRIAL ALLIANCE LIMITED SHARE DETAILS
Total Available Shares:
Rs. 10 Per Equity Share
Last Traded Price
Rs. 4.98 Crore
(As on 31-03-2020)
Number of shares
% of total Shares of the company
Hemal Arunbhai Mehta
Krunal Bhupendrabhai Makwana
Manish Nayansukh Gandhi
India is one of the largest textile producer in the world. The textile sector accounts for around 14% of industrial production in India, and contributes around 4% to Gross Domestic Product. Textile sector is one of the largest employment giving sector of India. The Textile industry is widely varied with hand spun and hand woven textiles sectors at one end of the spectrum and large mills at the other end.
The textiles and apparel exports from India form 11% of mercantile shipments in FY 2020. Cotton production in India reached 36.04 million bales in FY 2020.India is the second largest producer of cotton accounting for 25% of global cotton area and 18% of global cotton production.
In April 2021, Government of India announced that the PLI scheme will very soon be introduced to textile sector. It is expected that Gorakhpur, Uttar Pradesh will be the new major garment manufacturing centre. The Gorakhpur Industrial Development Authority (GIDA) will be providing upto 4 acres of land for construction of factory. Government of India is working to boost and improve the textile industry of India. The future of Indian Textile industry is promising.
PROFIT & LOSS STATEMENT OF CENTRON INDUSTRIAL ALLIANCE LIMITED (In Rs. Lakhs)
Revenue from Operations
Profit before Tax
Profit After Tax (PAT)
EPS (In Rs.)
BALANCE SHEET OF CENTRON INDUSTRIAL ALLIANCE LIMITED(In Rs. Lakhs)
31st March 2020
31st March 2019
NON CURRENT ASSETS
Property, plant and equipment
TOTAL NON CURRENT ASSETS
Cash and cash equivalent
Other current assets
TOTAL CURRENT ASSETS
EQUITY AND LIABILITIES
Equity Share Capital
Other financial liabilities
TOTAL CURRENT LIABILITIES
TOTAL EQUITY AND LIABILITIES
Dividend (final + interim) (In Rs.)
Retained Earnings (Consolidated) (In Rs. Lakhs)
PERFORMANCE OF THE COMPANY
Revenue from Operations of the company increased by 174.56% from Rs. 849.77 lakhs in FY 2019 to Rs. 2,333.09 lakhs in FY 2020.
EBITDA of the company is a loss of Rs. 68.46 lakhs for FY 2020, as against a loss of Rs. 63.85 lakhs in FY 2019. The main reason why the company is not able to generate positive EBITDA is because of High Cost of Raw Materials.
Profit after Tax of the company increased by 3.60% from Rs. 9.71 lakhs in FY 2019 to Rs. 10.06 lakhs in FY 2020. However, PAT margins decreased from 1.05% in FY 2019 to 0.42% in FY 2020.
Current Ratio of the company as of 31st March 2020 was 12.67.
The company does not have any Non-Current Liabilities. But have short term borrowings of Rs. 104.68 lakhs as of 31st March 2020. Debt to Equity ratio of the company as of 31st March 2020 was 0.04.
The company has not given any dividend from the past three years.