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Minaxi Textiles Ltd. (India)

Main Activities: Fiber, Yarn, and Thread Mills
Full name: Minaxi Textiles Ltd. Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Minaxi Textiles Ltd. is a textile company located in Gandhinagar, India. It was incorporated on March 14, 1995, and was previously run as a partnership. The company specializes in weaving synthetic grey cloth for suiting and shirting, as well as supplying uniforms to government and semi-government departments through tenders. They also have a 30-year contract with Aditya Birla Group to weave linen. Minaxi Textiles Limited serves the local market in major cities in India and has expanded its target sales market to include both India and international markets. The company is led by Mr. Bharatbhai Patel, who became the Managing Director in 2009. They offer a variety of products, including suiting lycra fabric, cotton quilts, broken twill fabric, and satin fabric. Minaxi Textiles Ltd. aims to be the best integrated textile solutions enterprise in India, exceeding customer and shareholder expectations. Their mission is to provide high-quality fabrics at competitive prices without compromising on quality. The company can be contacted at +91 (02764) 234008 or mailminaxitx@yahoo.com. Their website is www.minaxitextiles.com, and their address is PLOT NO 3311, Phase 4, GIDC Chhatral, Chhatral INA(GIDC), Gujarat 382729, India.

Legal Address
Plot No. 3311, GIDC,, Phase-IV, Chhatral, Taluka-Kalol
Gandhinagar; Gujarat; Postal Code: 382729

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Website: http://www.minaxitextiles.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 14, 1995
Key Executives
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Chairman
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Director
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Independent Director
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Independent Director
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Independent Director
Ownership Details
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54.73%
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38.61%
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6.67%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
17.39%
Total operating revenue
17.21%
Operating profit (EBIT)
53.88%
EBITDA
59.23%
Net Profit (Loss) for the Period
49.94%
Total assets
-30.46%
Total equity
-52.91%
Operating Profit Margin (ROS)
12.76%
Net Profit Margin
12.2%
Return on Equity (ROE)
-6.62%
Debt to Equity Ratio
260.77%
Quick Ratio
-0.57%
Cash Ratio
0%

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