Chamundi Textiles (Silk Mills) Limited

Manufacturer of high-quality silk and man-made fiber apparel, outerwear, and bedding.

1947 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Chamundi Textiles (Silk Mills) Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 3.66 Cr
  • Company Age 78 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 28.83 Cr
  • Satisfied Charges ₹ 21.34 Cr
  • Revenue Growth -36.02%
  • Profit Growth -140.72%
  • Ebitda 28.17%
  • Net Worth -49.30%
  • Total Assets -10.62%

About Chamundi Textiles (Silk Mills)

Chamundi Textiles (Silk Mills) Limited (CTSML) was founded in India on 15 April 1947 and has a glorious history of 78 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Fashion And Textile 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 9.00 Cr and a paid-up capital of Rs 3.66 Cr.

The company currently has active open charges totaling ₹28.83 Cr. The company has closed loans amounting to ₹21.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prabhakar Nayak, Shashidhar Shetty, and Bindu Sood serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17116TN1947PLC000477

  • Company No.

    000477

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 1947

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Fashion and Textile

What products or services does Chamundi Textiles (Silk Mills) Limited offer?

Chamundi Textiles (Silk Mills) Limited offers a wide range of products and services, including Medical & Surgical Clothing, OT Linen, Silk Textile, Silk Jacquard Fabric, Embroidery Work & Embroidery Fabric, Embroidered Silk Fabric, Fabric, Textured Fabric, Plain Silk Fabric, Jacquard Fabric.

Company report

Chamundi Textiles (Silk Mills) Limited

Explore comprehensive data for Chamundi Textiles (Silk Mills) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Chamundi Textiles (Silk Mills)?

Board Members (3)

NameDesignationAppointment DateStatus
Prabhakar Nayak Country flag representing In Whole-Time Director 21-Dec-2018Current
Shashidhar Shetty Country flag representing In Whole-Time Director 26-Jul-2022Current
Bindu Sood Country flag representing In Director 26-Jul-2022Current

Financial Performance of Chamundi Textiles (Silk Mills).

Chamundi Textiles (Silk Mills) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.02% decrease. The company also saw a substantial fall in profitability, with a 140.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.3%.

Chamundi Textiles (Silk Mills) revenue growth over time
Chamundi Textiles (Silk Mills) 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
-36.02%
Revenue from Operations
0.31%
Total Assets
-10.62%
Profit or Loss
-140.72%
Net Worth
-49.30%
EBITDA
28.17%

What is the Ownership and Shareholding Structure of Chamundi Textiles (Silk Mills)?

In 2023, Chamundi Textiles (Silk Mills) had a promoter holding of 94.90% and a public holding of 5.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.83 Cr

Satisfied Charges

₹21.34 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 28.83 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2044Indian Overseas Bank₹12.97 CrOpen
11 Feb 2002Indian Overseas Bank₹15.86 CrOpen
07 Aug 2003Indian Overseas Bank₹8.72 CrSatisfied
22 May 2003Indian Overseas Bank₹5.22 CrSatisfied
11 Feb 2002Indian Overseas Bank₹3.70 CrSatisfied

How Many Employees Work at Chamundi Textiles (Silk Mills)?

Chamundi Textiles (Silk Mills) has a workforce of 120 employees as of Apr 05, 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.

Employee growth trends for Chamundi Textiles (Silk Mills) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chamundi Textiles (Silk 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 Chamundi Textiles (Silk 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 Chamundi Textiles (Silk Mills)

Recent activity within the organization

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 12.97 Cr with Charge ID 90301362 was registered on 22 Mar 2044.

  • Annual General Meeting

    Chamundi Textiles (Silk Mills) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Chamundi Textiles (Silk Mills) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Indian Overseas Bank of Rs. 15.86 Cr registered on 11 Feb 2002 with Charge ID 80010911 was modified on 19 Aug 2023.

  • Director Appointment

    Shashidhar Shivram Shetty was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Jul 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Bindu Sood was appointed as a Director was appointed as a Director on 26 Jul 2022 & has been associated with this company since 2 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Chamundi Textiles (Silk Mills) Limited?

    Chamundi Textiles (Silk Mills) Limited was incorporated on 15 Apr 1947.

  • What is authorized share capital and paid-up capital of Chamundi Textiles (Silk Mills) Limited?

    The authorized share capital of Chamundi Textiles (Silk Mills) Limited is ₹ 9.00 Cr and paid-up capital is ₹ 3.66 Cr.

  • Who are the current board members & directors of Chamundi Textiles (Silk Mills) Limited?

    Currently 3 directors are associated with Chamundi Textiles (Silk Mills) Limited.

    • Prabhakar Bommanna Nayak
    • Shashidhar Shivram Shetty
    • Bindu Sood

  • What is the registered address of Chamundi Textiles (Silk Mills) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Chamundi Textiles (Silk Mills) Limited is No. 1666 2Nd Floor I Block, 6Th Avenue Anna Nagar Chennai India, Egmore Nungambakkam, Tamil Nadu, 600040.

  • What is the corporate identification number (CIN) and company number of Chamundi Textiles (Silk Mills) Limited?

    The corporate identification number (CIN) of Chamundi Textiles (Silk Mills) Limited is U17116TN1947PLC000477 and the company number is 000477 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Chamundi Textiles (Silk Mills) Limited?

    The Official website of Chamundi Textiles (Silk Mills) Limited is https://www.chamundisilks.com

  • What has been the recent revenue trend for Chamundi Textiles (Silk Mills) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Chamundi Textiles (Silk Mills) Limited has fallen by -36.02%.

  • How many employees does Chamundi Textiles (Silk Mills) Limited currently have?

    As Per 2023 financial reports, 120 employees are currently employed by Chamundi Textiles (Silk Mills) Limited.

  • What change has been observed in the net worth of Chamundi Textiles (Silk Mills) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Chamundi Textiles (Silk Mills) Limited has experienced an downturn of -49.30%.

  • What are the total open charges for Chamundi Textiles (Silk Mills) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Chamundi Textiles (Silk Mills) Limited amount to ₹ 28.83 Cr.

  • When was the last Balance Sheet of Chamundi Textiles (Silk Mills) Limited filed with the ROC?

    The most recent Balance Sheet for Chamundi Textiles (Silk Mills) Limited was filed with the ROC on 31 Mar 2024.

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