Palani Andavar Cotton And Synthetic Spinners Limited

Palani Andavar Cotton And Synthetic Spinners Limited

Founded in 1982 headquartered in Tamil Nadu, India.
1982 | Coimbatore, Tamil Nadu (India) | Active

Last Updated:

May 31, 2024
HomeCompanyPalani Andavar Cotton And Synthetic Spinners Limited

Who are the key members and board of directors at Palani Andavar Cotton And Synthetic Spinners?

Board Members(3)

NameDesignationAppointment DateStatus
Sandhyaa Vikram In Director 29-Aug-2018Current
Satyanathan Venkataswamy In Director 22-Mar-2012Current
Sathyanathan Padmavathy In Director 09-Apr-1990Current

Financial Performance and Corporate Structure Insights of Palani Andavar Cotton And Synthetic Spinners.

Palani Andavar Cotton And Synthetic Spinners Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 50.62% decrease. The company also saw a substantial improvement in profitability, with a 16.97% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.56%.

Revenue Growth Graph
Profit Loss Graph
  • 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
-50.62%
Revenue from Operations
-54.49%
Total Assets
-1.12%
Profit or Loss
16.97%
Net Worth
-14.56%
EBITDA
29.87%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹10.76 Cr

LenderAmountStatus

Central Bank Of India

Creation Date: 05 May 1999
₹5.00 MSatisfied

Central Bank Of India

Creation Date: 12 Jan 1998
₹5.00 MSatisfied

Icici Ltd

Creation Date: 30 Jun 1997
₹3.00 CrSatisfied

How Many Employees Work at Palani Andavar Cotton And Synthetic Spinners?

Unlock and access historical data on people associated with Palani Andavar Cotton And Synthetic Spinners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Palani Andavar Cotton And Synthetic Spinners

Recent activity within the organization

  • Annual General Meeting

    Palani Andavar Cotton And Synthetic Spinners Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Palani Andavar Cotton And Synthetic Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Sandhyaa Vikram was appointed as a Director was appointed as a Director on 29 Aug 2018 & has been associated with this company since 6 years 2 months .

    29 Aug 2018

  • Charges

    A charge registered on 30 Jun 1997 via Charge ID 90008481 with Icici Ltd was fully satisfied on 24 May 2012.

    24 May 2012

  • Director Appointment

    Satyanathan Vikram Venkataswamy was appointed as a Director was appointed as a Director on 22 Mar 2012 & has been associated with this company since 12 years 7 months .

    22 Mar 2012

  • Charges

    A charge registered on 09 Jul 1991 via Charge ID 90008031 with Icici Ltd was fully satisfied on 24 Aug 2011.

    24 Aug 2011

Frequently asked questions

  • Palani Andavar Cotton And Synthetic Spinners Limited was incorporated on 20 Jan 1982.

  • The authorized share capital of Palani Andavar Cotton And Synthetic Spinners Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.05 Cr.

  • Currently 3 directors are associated with Palani Andavar Cotton And Synthetic Spinners Limited.

    • Sandhyaa Vikram
    • Satyanathan Vikram Venkataswamy
    • Sathyanathan Padmavathy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palani Andavar Cotton And Synthetic Spinners Limited is 236/1Dhalli Road, Udamalpet, Coimbatore, Tamil Nadu, India, 642126.

  • The corporate identification number (CIN) of Palani Andavar Cotton And Synthetic Spinners Limited is U17111TZ1982PLC001139 and the company number is 001139 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Palani Andavar Cotton And Synthetic Spinners Limited has fallen by -50.62%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Palani Andavar Cotton And Synthetic Spinners Limited has experienced an downturn of -14.56%.

  • The most recent Balance Sheet for Palani Andavar Cotton And Synthetic Spinners Limited was filed with the ROC on 31 Mar 2023.

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