Amarjothi Spinning Mills Limited

Produces dyed melange yarn for various textile industries, including hosiery and home textiles.

1987 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 15, 2024

Amarjothi Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 9.75 Cr
  • Paid Up Capital ₹ 6.75 Cr
  • Company Age 37 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 55.00 Cr
  • Satisfied Charges ₹ 429.07 Cr
  • Revenue Growth -9.79%
  • Profit Growth -20.84%
  • Ebitda -0.87%
  • Net Worth 3.49%
  • Total Assets 9.28%

About Amarjothi Spinning Mills

Amarjothi Spinning Mills Limited (ASML) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 December 1987 and has a history of 37 years and one month. Its registered office is in Coimbatore, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521097.

The Corporate was formerly known as Amarjothi Spinning Mills (Private) Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 9.75 Cr and a paid-up capital of Rs 6.75 Cr.

The company currently has active open charges totaling ₹55.00 Cr. The company has closed loans amounting to ₹429.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Amarjothi Spinning Mills Limited India are Manoharan Priya as COMPANY SECRETARY and Elango as Cfo. Premchander Rajan, Jaichander, Narayanasamynaidu Radhakrishnan, and Six other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17111TZ1987PLC002090

  • Company No.

    002090

  • Stock Symbol

    BSE : 521097

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 1987

  • Date of AGM

    03 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Amarjothi Spinning Mills Limited offer?

Amarjothi Spinning Mills Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Polyester Textile, Industrial Fabrics and Textiles, Industrial Fabric, Other Textile Fabrics, Industrial Machinery, Simplex Plodder Machine, Spinning Machinery, Automated Spinning Mill, Industrial Dyes.

Who are the key members and board of directors at Amarjothi Spinning Mills?

Executive Team (3)

Name Designation Appointment Date Status
Premchander Rajan Country flag representing In Managing Director 16-Dec-1987 Current
Manoharan Priya Country flag representing In Company Secretary 28-May-2020 Current
Elango CFO 11-Aug-2022 Current

Board Members (8)

Name Designation Appointment Date Status
Jaichander Country flag representing In Whole-Time Director 30-Sep-1993 Current
Narayanasamynaidu Radhakrishnan Country flag representing In Director 31-Aug-2005 Current
Ramasamy Priyanka Director 03-Sep-2024 Current
Meiyappan Amutha Country flag representing In Director 27-Mar-2015 Current
Marappan Moorthi Country flag representing In Director 31-Jan-2014 Current
Iswariya Sidharthan Country flag representing In Director 03-Sep-2024 Current

Financial Performance of Amarjothi Spinning Mills.

Amarjothi Spinning Mills Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 9.79% decrease. The company also saw a substantial fall in profitability, with a 20.84% decrease in profit. The company's net worth moved up by a moderate rise of 3.49%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-9.79%
Revenue from Operations
-9.55%
Total Assets
9.28%
Profit or Loss
-20.84%
Net Worth
3.49%
EBITDA
-0.87%

What is the Ownership and Shareholding Structure of Amarjothi Spinning Mills?

In 2024, Amarjothi Spinning Mills had a promoter holding of 60.05% and a public holding of 39.94%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹55.00 Cr

Satisfied Charges

₹429.07 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 30.00 Cr
  • Others : 25.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2022 Others ₹25.00 Cr Open
26 Jul 2021 Hdfc Bank Limited ₹30.00 Cr Open
30 Apr 2022 Hdfc Bank Limited ₹2.20 M Satisfied
25 Apr 2022 Others ₹25.99 Cr Satisfied
04 May 2020 Others ₹8.00 Cr Satisfied

How Many Employees Work at Amarjothi Spinning Mills?

Amarjothi Spinning Mills has a workforce of 732 employees as of Dec 15, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Amarjothi Spinning Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Amarjothi Spinning Mills's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Amarjothi Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Amarjothi Spinning Mills Limited last Annual general meeting of members was held on 03 Sep 2024 as per latest MCA records.

    03 Sep 2024

  • Director Appointment

    Ramasamy Priyanka was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 4 months 30 days .

    03 Sep 2024

  • Director Appointment

    Iswariya Sidharthan was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 4 months 30 days .

    03 Sep 2024

  • Director Appointment

    Megala was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 4 months 30 days .

    03 Sep 2024

  • Director Appointment

    Manonmani Sivasamy was appointed as a Director was appointed as a Director on 03 Sep 2024 & has been associated with this company since 4 months 30 days .

    03 Sep 2024

  • Charges

    A charge registered on 30 Apr 2022 via Charge ID 100583987 with Hdfc Bank Limited was fully satisfied on 25 Aug 2024.

    25 Aug 2024

Frequently asked questions

  • Amarjothi Spinning Mills Limited was incorporated on 16 Dec 1987.

  • The authorized share capital of Amarjothi Spinning Mills Limited is ₹ 9.75 Cr and paid-up capital is ₹ 6.75 Cr.

  • Currently 11 directors are associated with Amarjothi Spinning Mills Limited.

    • Premchander Rajan
    • Jaichander
    • Narayanasamynaidu Radhakrishnan
    • Manoharan Mohana Priya
    • Elango
    • Ramasamy Priyanka
    • Meiyappan Amutha
    • Marappan Moorthi
    • Iswariya Sidharthan
    • Megala
    • Manonmani Sivasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Amarjothi Spinning Mills Limited is 157Kumaran Road Tirupur India, Coimbatore District, Tamil Nadu, 641601.

  • The corporate identification number (CIN) of Amarjothi Spinning Mills Limited is L17111TZ1987PLC002090 and the company number is 002090 as per Ministry of Corporate Affairs (MCA).

  • Yes, Amarjothi Spinning Mills Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Amarjothi Spinning Mills Limited is https://www.amarjothi.net

  • According to the financial reports for the fiscal year 2024, the revenue trend for Amarjothi Spinning Mills Limited has fallen by -9.79%.

  • As Per 2024 financial reports, 732 employees are currently employed by Amarjothi Spinning Mills Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Amarjothi Spinning Mills Limited has experienced an upsurge of 3.49%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Amarjothi Spinning Mills Limited amount to ₹ 55.00 Cr.

  • The most recent Balance Sheet for Amarjothi Spinning Mills Limited was filed with the ROC on 31 Mar 2024.

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