Madras Yarn Merchants Association

Yarn trading company based in Tamil Nadu since 1939.

1939 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 24, 2024

Madras Yarn Merchants Association Profile

Key Indicators

  • Company Age 85 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 6.35%
  • Profit Growth 4.43%
  • Ebitda -13.51%
  • Net Worth 12.70%
  • Total Assets 12.26%

About Madras Yarn Merchants Association

Madras Yarn Merchants Association (MYMA) was founded in India on 26 October 1939 and has a glorious history of 85 years and three months.Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Home & Lifestyle 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 0.00 and a paid-up capital of Rs 0.00, as per Ministry of Corporate Affairs (MCA) records.

Savadi Pandurangan, Bathina Ramesh, Suresh Jothi, and Eleven other members 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

    U93090TN1939NPL001397

  • Company No.

    001397

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    26 Oct 1939

  • Date of AGM

    07 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Home & Lifestyle

Who are the key members and board of directors at Madras Yarn Merchants Association?

Board Members (14)

Name Designation Appointment Date Status
Savadi Pandurangan Country flag representing In Director 26-Sep-2001 Current
Bathina Ramesh Country flag representing In Director 23-Dec-2020 Current
Suresh Jothi Country flag representing In Director 03-Feb-2020 Current
Pokkali Prakash Country flag representing In Director 29-Sep-2004 Current
Giri Babu Country flag representing In Director 27-Sep-2008 Current
Noru Nageswaran Country flag representing In Director 28-Sep-1996 Current

Financial Performance of Madras Yarn Merchants Association.

Madras Yarn Merchants Association, for the financial year ended 2023, experienced modest growth in revenue, with a 6.35% increase. The company also saw a slight improvement in profitability, with a 4.43% increase in profit. The company's net worth Soared by an impressive increase of 12.7%.

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
6.35%
Revenue from Operations
Total Assets
12.26%
Profit or Loss
4.43%
Net Worth
12.70%
EBITDA
-13.51%

What is the Ownership and Shareholding Structure of Madras Yarn Merchants Association?

Unlock access to Madras Yarn Merchants Association's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Madras Yarn Merchants Association?

Unlock and access historical data on people associated with Madras Yarn Merchants Association, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Madras Yarn Merchants Association, 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 Madras Yarn Merchants Association's trajectory.

Rating

Graph displaying rating trends over time

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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 Madras Yarn Merchants Association

Recent activity within the organization

  • Annual General Meeting

    Madras Yarn Merchants Association last Annual general meeting of members was held on 07 Aug 2024 as per latest MCA records.

    07 Aug 2024

  • Balance Sheet

    Madras Yarn Merchants Association has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Bathina Ramesh was appointed as a Director was appointed as a Director on 23 Dec 2020 & has been associated with this company since 4 years 1 month .

    23 Dec 2020

  • Director Appointment

    Mallapu Vasudeva Kumar was appointed as a Director was appointed as a Director on 23 Dec 2020 & has been associated with this company since 4 years 1 month .

    23 Dec 2020

  • Director Appointment

    Balu Lokanadham was appointed as a Director was appointed as a Director on 23 Sep 2014 & has been associated with this company since 10 years 4 months .

    23 Sep 2014

  • Director Appointment

    Balaramaiah Venkatanarayana was appointed as a Director was appointed as a Director on 23 Sep 2014 & has been associated with this company since 10 years 4 months .

    23 Sep 2014

Frequently asked questions

  • Madras Yarn Merchants Association was incorporated on 26 Oct 1939.

  • The authorized share capital of Madras Yarn Merchants Association is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 14 directors are associated with Madras Yarn Merchants Association.

    • Savadi Ganapathy Pandurangan
    • Bathina Ramesh
    • Suresh Kutty Jothi
    • Pokkali Prakash
    • Giri Babu
    • Noru Kuppuswamy Nageswaran
    • Kottaiah Jonna
    • Mallapu Vasudeva Kumar
    • Balu Lokanadham
    • Balaramaiah Venkatanarayana
    • Narasu Padmanabhan
    • Penchilaiayh Varadanameti
    • Konni Chokkalingamudaliar Narayanaswamy
    • Raghuramaiah Narendrakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madras Yarn Merchants Association is New No. 472 Old 281, Mint Street India, Chennai, Tamil Nadu, 600003.

  • The corporate identification number (CIN) of Madras Yarn Merchants Association is U93090TN1939NPL001397 and the company number is 001397 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Madras Yarn Merchants Association has risen by 6.35%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Madras Yarn Merchants Association has experienced an upsurge of 12.70%.

  • The most recent Balance Sheet for Madras Yarn Merchants Association was filed with the ROC on 31 Mar 2024.

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