Nachiar Spinning Mills Private Limited

Nachiar Spinning Mills Private Limited

Produces cotton and other yarn in Tamil Nadu since 1987.
1987 | Virudhunagar, Tamil Nadu (India) | Active

Last Updated:

October 24, 2024
HomeCompanyNachiar Spinning Mills Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Arumugaperumal Balsubramaniam InManaging Director19-Aug-1994Current

Board Members(1)

NameDesignationAppointment DateStatus
Balsubramaniam Jeyamani In Director 26-Jun-1987Current

Financial Performance of Nachiar Spinning Mills.

Nachiar Spinning Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.38% decrease. The company also saw a substantial fall in profitability, with a 71.8% decrease in profit. The company's net worth moved up by a moderate rise of 1.83%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-2.38%
Revenue from Operations
-2.42%
Total Assets
24.25%
Profit or Loss
-71.80%
Net Worth
1.83%
EBITDA
-8.40%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹31.18 Cr

₹38.03 Cr

LenderAmountStatus

Others

Creation Date: 29 Jan 2024
₹2.00 CrOpen

Others

Creation Date: 29 Jan 2024
₹3.00 CrOpen

State Bank Of India

Creation Date: 06 Aug 2022
₹2.65 CrOpen

How Many Employees Work at Nachiar Spinning Mills?

Nachiar Spinning Mills has a workforce of 238 employees as of Apr 02, 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.

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Latest Updates, News, and FAQs on Nachiar Spinning Mills

Recent activity within the organization

  • Charges

    A charge registered on 29 Dec 2023 via Charge ID 100840817 with Canara Bank was fully satisfied on 29 Aug 2024.

    29 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100888122 was registered on 29 Jan 2024.

    29 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100888259 was registered on 29 Jan 2024.

    29 Jan 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 5.00 Cr with Charge ID 100840817 was registered on 29 Dec 2023.

    29 Dec 2023

  • Annual General Meeting

    Nachiar Spinning Mills Private Limited last Annual general meeting of members was held on 18 Sep 2023 as per latest MCA records.

    18 Sep 2023

  • Balance Sheet

    Nachiar Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

Frequently asked questions

  • Nachiar Spinning Mills Private Limited was incorporated on 26 Jun 1987.

  • The authorized share capital of Nachiar Spinning Mills Private Limited is ₹ 4.91 Cr and paid-up capital is ₹ 4.91 Cr.

  • Currently 2 directors are associated with Nachiar Spinning Mills Private Limited.

    • Arumugaperumal Balsubramaniam
    • Balsubramaniam Jeyamani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nachiar Spinning Mills Private Limited is 547/15 Rajapalayam Rd, India, Chatrapatti-626102, Tamil Nadu.

  • The corporate identification number (CIN) of Nachiar Spinning Mills Private Limited is U17117TN1987PTC014580 and the company number is 014580 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nachiar Spinning Mills Private Limited is https://www.naatchiar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nachiar Spinning Mills Private Limited has fallen by -2.38%.

  • As Per 2023 financial reports, 238 employees are currently employed by Nachiar Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nachiar Spinning Mills Private Limited has experienced an upsurge of 1.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nachiar Spinning Mills Private Limited amount to ₹ 31.18 Cr.

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

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