Kumaragiri Textiles Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.50 M
- Company Age 45 Year, 18 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 49.72 Cr
- Satisfied Charges ₹ 45.66 Cr
- Revenue Growth 15.70%
- Profit Growth -67.59%
- Ebitda -66.80%
- Net Worth 170.26%
- Total Assets -2.50%
About Kumaragiri Textiles
Kumaragiri Textiles Ltd (KTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 January 1980 and has a history of 45 years. Its registered office is in Chennai, 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 2024. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.50 M.
The company currently has active open charges totaling ₹49.72 Cr. The company has closed loans amounting to ₹45.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Palaniappan Balaji, Palaniappan Pichai, Balaji Sundari, and One other member serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TN1980PLC008088
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Company No.
008088
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
21 Jan 1980
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Kumaragiri Textiles?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Palaniappan Balaji
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Whole-Time Director | 06-Sep-2002 | Current |
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Palaniappan Pichai
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Director | 21-Jan-1980 | Current |
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Balaji Sundari
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Whole-Time Director | 23-Aug-2006 | Current |
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Palaniappan Muthulakshmi
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Director | 23-Aug-2006 | Current |
Financial Performance of Kumaragiri Textiles.
Kumaragiri Textiles Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 15.7% increase. The company also saw a substantial fall in profitability, with a 67.59% decrease in profit. The company's net worth Soared by an impressive increase of 170.26%.
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What is the Ownership and Shareholding Structure of Kumaragiri Textiles?
In 2023, Kumaragiri Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Palani Muthu Textiles Private LimitedPalaniappan Balaji, Palaniappan Pichai and 1 more are mutual person
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Amg Clean Energy Private Limited
Palaniappan Balaji and Balaji Sundari are mutual person
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Saravana Spinners Limited
Palaniappan Pichai and Palaniappan Muthulakshmi are mutual person
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Jayarani Spinning Mills Limited
Palaniappan Pichai is a mutual person
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Shrish Aishwarya Green Power Private Limited
Palaniappan Pichai is a mutual person
Charges (Loans)
₹497.20 M
₹456.60 M
Charges Breakdown by Lending Institutions
- Others : 49.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Sep 2020 | Others | ₹6.37 Cr | Open |
| 24 Apr 2018 | Others | ₹1.35 Cr | Open |
| 19 Jan 2016 | Others | ₹16.50 Cr | Open |
| 01 Dec 2015 | Others | ₹25.50 Cr | Open |
| 01 Feb 2018 | Others | ₹10.00 Cr | Satisfied |
How Many Employees Work at Kumaragiri Textiles?
Kumaragiri Textiles has a workforce of 216 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Kumaragiri Textiles, 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 Kumaragiri Textiles's trajectory.
Rating
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
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.
