Dharanidara Spinning Mills Private Limited

Textile manufacturing company specializing in various fibers such as cotton, silk, and polyester.

1994 | Salem, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Dharanidara Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.50 Cr
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 100.58 Cr
  • Satisfied Charges ₹ 134.82 Cr
  • Revenue Growth 22.60%
  • Profit Growth -28.58%
  • Ebitda -25.75%
  • Net Worth 45.72%
  • Total Assets -2.32%

About Dharanidara Spinning Mills

Dharanidara Spinning Mills Private Limited (DSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 May 1994 and has a history of 30 years and nine months. Its registered office is in Salem, Tamil Nadu, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 3.50 Cr.

The company currently has active open charges totaling ₹100.58 Cr. The company has closed loans amounting to ₹134.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahudeswaran Gounder, Lalitha Mahudeswaran, and Mahudeswaran Mugundan serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1994PTC005039

  • Company No.

    005039

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Executive Team (1)

Name Designation Appointment Date Status
Mahudeswaran Gounder Country flag representing In Managing Director 02-May-1994 Current

Board Members (2)

Name Designation Appointment Date Status
Lalitha Mahudeswaran Country flag representing In Director 02-May-1994 Current
Mahudeswaran Mugundan Country flag representing In Director 12-Nov-2018 Current

Financial Performance of Dharanidara Spinning Mills.

Dharanidara Spinning Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.6% increase. The company also saw a substantial fall in profitability, with a 28.58% decrease in profit. The company's net worth Soared by an impressive increase of 45.72%.

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
22.60%
Revenue from Operations
22.39%
Total Assets
-2.32%
Profit or Loss
-28.58%
Net Worth
45.72%
EBITDA
-25.75%

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

In 2023, Dharanidara Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹100.58 Cr

Satisfied Charges

₹134.82 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 98.86 Cr
  • Indian Overseas Bank : 0.98 Cr
  • Hdfc Bank Limited : 0.55 Cr
  • Others : 0.19 Cr

Latest Charge Details

Date Lender Amount Status
10 Oct 2024 Hdfc Bank Limited ₹1.14 M Open
12 Sep 2024 City Union Bank Limited ₹6.20 M Open
08 Mar 2024 City Union Bank Limited ₹3.45 M Open
21 Apr 2023 Others ₹1.87 M Open
30 Mar 2023 City Union Bank Limited ₹28.50 Cr Open

How Many Employees Work at Dharanidara Spinning Mills?

Dharanidara Spinning Mills has a workforce of 301 employees as of Apr 04, 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 Dharanidara 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 Dharanidara 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 Dharanidara Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101000019 was registered on 10 Oct 2024.

    10 Oct 2024

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.62 Cr with Charge ID 100992106 was registered on 12 Sep 2024.

    12 Sep 2024

  • Charges

    A charge with City Union Bank Limited of Rs. 28.50 Cr registered on 30 Mar 2023 with Charge ID 100699892 was modified on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100895249 was registered on 08 Mar 2024.

    08 Mar 2024

  • Annual General Meeting

    Dharanidara Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100709790 was registered on 21 Apr 2023.

    21 Apr 2023

Frequently asked questions

  • Dharanidara Spinning Mills Private Limited was incorporated on 02 May 1994.

  • The authorized share capital of Dharanidara Spinning Mills Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.50 Cr.

  • Currently 3 directors are associated with Dharanidara Spinning Mills Private Limited.

    • Mahudeswaran Muthusamy Gounder
    • Lalitha Mahudeswaran
    • Mahudeswaran Muthu Mugundan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Dharanidara Spinning Mills Private Limited is 16/Crajaji Road India, Salem, Tamil Nadu, 636007.

  • The corporate identification number (CIN) of Dharanidara Spinning Mills Private Limited is U17111TZ1994PTC005039 and the company number is 005039 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Dharanidara Spinning Mills Private Limited is https://www.dfabs.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Dharanidara Spinning Mills Private Limited has risen by 22.60%.

  • As Per 2023 financial reports, 301 employees are currently employed by Dharanidara Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Dharanidara Spinning Mills Private Limited has experienced an upsurge of 45.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Dharanidara Spinning Mills Private Limited amount to ₹ 100.58 Cr.

  • The most recent Balance Sheet for Dharanidara Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.