Kumaragiri Textiles Ltd
Produces cotton yarn in 60s-80s count range at manufacturing facility in Tamil Nadu.
1980 | Chennai, Tamil Nadu (India) | Active
Kumaragiri Textiles Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.50 M
- Company Age 45 Year, 3 Months
- 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 and three months. 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
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TN1980PLC008088
- Company No.
008088
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Jan 1980
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Manufacturing
Kumaragiri Textiles Ltd
Explore comprehensive data for Kumaragiri Textiles Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Kumaragiri Textiles?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Palaniappan Balaji  | Whole-Time Director | 06-Sep-2002 | Current |
| Palaniappan Pichai | Director | 21-Jan-1980 | Current |
| Balaji Sundari | Whole-Time Director | 23-Aug-2006 | Current |
| Palaniappan Muthulakshmi | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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)
- Palani Muthu Textiles Private Limited
Palaniappan Balaji, Palaniappan Pichai and 1 more are mutual person
- Amg Clean Energy Private Limited
Palaniappan Balaji and Balaji Sundari are mutual person
- Saravana Spinners Limited
Palaniappan Pichai and Palaniappan Muthulakshmi are mutual person
- Jayarani Spinning Mills Limited
Palaniappan Pichai is a mutual person
- Shrish Aishwarya Green Power Private Limited
Palaniappan Pichai is a mutual person
Charges (Loans)
Open Charges
₹497.20 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Kumaragiri Textiles
Recent activity within the organization
- Annual General Meeting
Kumaragiri Textiles Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Kumaragiri Textiles Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Others of Rs. 255.00 M registered on 01 Dec 2015 with Charge ID 10609589 was modified on 27 Mar 2024.
- Charges
A charge with Others of Rs. 63.70 M registered on 01 Sep 2020 with Charge ID 100389321 was modified on 20 Dec 2021.
- Charges
A charge with Others amounted to Rs. 63.70 M with Charge ID 100389321 was registered on 01 Sep 2020.
- Charges
A charge with Others of Rs. 165.00 M registered on 19 Jan 2016 with Charge ID 100032188 was modified on 09 Dec 2019.
Frequently asked questions
What is the Incorporation or founding date of Kumaragiri Textiles Ltd?
Kumaragiri Textiles Ltd was incorporated on 21 Jan 1980.
What is authorized share capital and paid-up capital of Kumaragiri Textiles Ltd?
The authorized share capital of Kumaragiri Textiles Ltd is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.
Who are the current board members & directors of Kumaragiri Textiles Ltd?
Currently 4 directors are associated with Kumaragiri Textiles Ltd.
- Palaniappan Balaji
- Palaniappan Pichai
- Balaji Abirami Sundari
- Palaniappan Muthulakshmi
What is the registered address of Kumaragiri Textiles Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Kumaragiri Textiles Ltd is Palani Muthu Towers G Block New No.19 Old No.1334 1St Floor 20Th Main Road, Anna Nagar We St India, Chennai, Tamil Nadu, 600040.
What is the corporate identification number (CIN) and company number of Kumaragiri Textiles Ltd?
The corporate identification number (CIN) of Kumaragiri Textiles Ltd is U17111TN1980PLC008088 and the company number is 008088 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Kumaragiri Textiles Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Kumaragiri Textiles Ltd has risen by 15.70%.
How many employees does Kumaragiri Textiles Ltd currently have?
As Per 2023 financial reports, 216 employees are currently employed by Kumaragiri Textiles Ltd.
What change has been observed in the net worth of Kumaragiri Textiles Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Kumaragiri Textiles Ltd has experienced an upsurge of 170.26%.
What are the total open charges for Kumaragiri Textiles Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Kumaragiri Textiles Ltd amount to ₹ 49.72 Cr.
When was the last Balance Sheet of Kumaragiri Textiles Ltd filed with the ROC?
The most recent Balance Sheet for Kumaragiri Textiles Ltd was filed with the ROC on 31 Mar 2024.
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