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Madura Industrial Textiles Limited (India)

Main Activities: Textile and Fabric Finishing Mills
Full name: Madura Industrial Textiles Limited Profile Updated: June 15, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Madura Industrial Textiles Limited (MITL) is a trusted company located in Mumbai, India. Established over a hundred years ago, MITL specializes in providing industrial fabrics for the tires, conveyor belts, and mechanical rubber goods industry. They also produce their own Nylon 6 Polymer and Nylon 6 Yarns to support their production. MITL is known for its innovation and expertise in the industry. MITL is consistently rated as one of the top suppliers in India and operates three state-of-the-art manufacturing units in the Vapi-Silvassa industrial belt, strategically located near a sea port. They serve a diverse range of sectors across India, North America, South East Asia, Europe, and the Middle East. MITL prides itself on offering high-quality products and services to its customers. Formerly a division of Madura Coats Limited, MITL was acquired by the Kalra Group of Companies in 2003. This acquisition led to consolidation, focused leadership, and modernization, resulting in significant growth for the company. MITL has embraced cutting-edge technologies and made robust investments in advanced machinery and capacity enhancements. Despite its success, MITL remains grounded in its guiding values, including a sincere respect for people and relationships. The company is known for its humble and approachable nature, earning a reputation as one of the most accessible companies in India. With the support of the Kalra Group, MITL is now poised for further expansion and diversification through investments in new products. Their product range includes PA6/Nylon 6 Chips and Yarns, tire fabrics, conveyor belting fabrics, specialty fabrics, and coated fabrics. The company's head office is located in Mumbai, and they can be contacted via phone at +91-22-26730890 / +91-22-26730891 / +91-22-26730892 or +91-22-32168400 / +91-22-32168401 / +91-22-32168402. Their fax number is +91-22-26730889, 66916245, and they can be reached via email at info@maduratex.com.

Legal Address
1, Janki Centre, Off Veera Desai Road, Andheri West
Mumbai; Maharashtra; Postal Code: 400053

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Website: http://www.maduratex.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:
June 09, 2010
Key Executives
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Director
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Director
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Director
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Director
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Director
Ownership Details
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50%
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50%
Company Performance
Financial values in the chart are available after Madura Industrial Textiles Limited report is purchased.
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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
85.1%
Total operating revenue
89.48%
Operating profit (EBIT)
103.67%
EBITDA
91.09%
Net Profit (Loss) for the Period
124%
Total assets
37.4%
Total equity
51.55%
Operating Profit Margin (ROS)
1.68%
Net Profit Margin
1.92%
Return on Equity (ROE)
11.01%
Debt to Equity Ratio
10.06%
Quick Ratio
1.64%
Cash Ratio
0.15%

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