L.S. Mills Limited

Textile company specializing in high-quality cotton and other fiber yarn production.

1983 | Theni, Tamil Nadu (India) | Active
Last Updated: December 16, 2024

L.S. Mills Profile

Key Indicators

  • Authorised Capital ₹ 37.00 Cr
  • Paid Up Capital ₹ 36.32 Cr
  • Company Age 41 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,002.64 Cr
  • Satisfied Charges ₹ 969.68 Cr
  • Revenue Growth -2.02%
  • Profit Growth -13.62%
  • Ebitda -16.52%
  • Net Worth -16.53%
  • Total Assets 18.70%

About L.S. Mills

L.S. Mills Limited (LML) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 April 1983 and has a history of 41 years and ten months. Its registered office is in Theni, Tamil Nadu, India.

The Corporate was formerly known as L.S. Mills Private Limited. The Company is engaged in the Consumer Goods 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 37.00 Cr and a paid-up capital of Rs 36.32 Cr.

The company currently has active open charges totaling ₹1,002.64 Cr. The company has closed loans amounting to ₹969.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at L.S. Mills Limited India are Shri Gnanagurusamy as CFO and Shashank Shekhar as Company Secretary. Sundararajan Manivannan, Vengadasalam Kandasamy, Ramasamy Arunachalam, and Three other members serve as directors at the Company.

Company Details

  • Location

    Theni, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lsmills.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1983PLC009973

  • Company No.

    009973

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 1983

  • Date of AGM

    12 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Goods
Manufacturing

What products or services does L.S. Mills Limited offer?

L.S. Mills Limited offers a wide range of products and services, including Yarn, Home Decor Fabric, Home Decor & Furnishing Fabrics, Cotton Yarn, Compact Cotton Yarn, Industrial Fabric, Bag Fabric.

Who are the key members and board of directors at L.S. Mills?

Executive Team (4)

NameDesignationAppointment DateStatus
Sundararajan Manivannan Country flag representing In Managing Director07-Jul-2009Current
Shri Gnanagurusamy Country flag representing In CFOCurrent
Shashank Shekhar Country flag representing In Company Secretary08-Jul-2024Current
Shanthi Manivannan Country flag representing In Managing Director18-Mar-2007Current

Board Members (4)

NameDesignationAppointment DateStatus
Vengadasalam Kandasamy Country flag representing Lk Director 04-Jul-2022Current
Ramasamy Arunachalam Country flag representing In Director 14-Mar-2024Current
Manivannan Devi Country flag representing In Whole-Time Director 03-Dec-2008Current
Alagarsamy Saravanakumar Country flag representing In Director 14-Mar-2024Current

Financial Performance of L.S. Mills.

L.S. Mills Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.02% decrease. The company also saw a substantial fall in profitability, with a 13.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.53%.

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
-2.02%
Revenue from Operations
-5.40%
Total Assets
18.70%
Profit or Loss
-13.62%
Net Worth
-16.53%
EBITDA
-16.52%

What is the Ownership and Shareholding Structure of L.S. Mills?

In 2022, L.S. Mills had a promoter holding of 72.31% and a public holding of 27.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,002.64 Cr

Satisfied Charges

₹969.68 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 721.34 Cr
  • Others : 130.00 Cr
  • Hdfc Bank Limited : 101.30 Cr
  • Idbi Bank Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Oct 2024State Bank Of India₹370.80 CrOpen
24 May 2024Others₹50.00 CrOpen
28 Mar 2024Others₹80.00 CrOpen
21 Apr 2023Idbi Bank Limited₹10.00 CrOpen
30 Jun 2022Hdfc Bank Limited₹24.00 CrOpen

How Many Employees Work at L.S. Mills?

L.S. Mills has a workforce of 2195 employees as of Apr 09, 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 L.S. 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 L.S. 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 L.S. Mills

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 370.80 Cr with Charge ID 100991943 was registered on 19 Oct 2024.

    19 Oct 2024

  • Charges

    A charge registered on 21 Aug 2019 via Charge ID 100286380 with State Bank Of India was fully satisfied on 08 Oct 2024.

    08 Oct 2024

  • Annual General Meeting

    L.S. Mills Limited last Annual general meeting of members was held on 12 Jul 2024 as per latest MCA records.

    12 Jul 2024

  • Director Appointment

    Shashank Shekhar was appointed as a Company Secretary was appointed as a Company Secretary on 08 Jul 2024 & has been associated with this company since 7 months 16 days .

    08 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100934182 was registered on 24 May 2024.

    24 May 2024

  • Balance Sheet

    L.S. Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

Frequently asked questions

  • L.S. Mills Limited was incorporated on 18 Apr 1983.

  • The authorized share capital of L.S. Mills Limited is ₹ 37.00 Cr and paid-up capital is ₹ 36.32 Cr.

  • Currently 8 directors are associated with L.S. Mills Limited.

    • Sundararajan Manivannan
    • Vengadasalam Kandasamy
    • Shri B Gnanagurusamy
    • Shashank Shekhar
    • Ramasamy Arunachalam
    • Shanthi Manivannan
    • Manivannan Aishwarya Devi
    • Alagarsamy Saravanakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of L.S. Mills Limited is L S Mills Premises. Madurai Road, India, Theni, Tamil Nadu, 625531.

  • The corporate identification number (CIN) of L.S. Mills Limited is U17111TN1983PLC009973 and the company number is 009973 as per Ministry of Corporate Affairs (MCA).

  • The Official website of L.S. Mills Limited is https://www.lsmills.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for L.S. Mills Limited has fallen by -2.02%.

  • As Per 2022 financial reports, 2195 employees are currently employed by L.S. Mills Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of L.S. Mills Limited has experienced an downturn of -16.53%.

  • As per the financial statements for fiscal Year 2022, The total open charges for L.S. Mills Limited amount to ₹ 1,002.64 Cr.

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

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