Rajapalayam Mills Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 9.22 Cr
- Company Age 88 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,171.00 Cr
- Satisfied Charges ₹ 2,399.14 Cr
- Revenue Growth 25.11%
- Profit Growth 10.72%
- Ebitda 2.71%
- Net Worth 20.00%
- Total Assets 34.71%
About Rajapalayam Mills
Rajapalayam Mills Limited (RML) was founded in India on 24 February 1936 and has a glorious history of 88 years and 11 months. Its registered office is in Virudhunagar, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532503.
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 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 9.22 Cr.
The company currently has active open charges totaling ₹2,171.00 Cr. The company has closed loans amounting to ₹2,399.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rajapalayam Mills Limited India are Maheswaran Krishnamoorthy as COMPANY SECRETARY and Shri Arulpranavam as Cfo. Poosapadi Raja, Sinthalapadi Raja, Kokku Murthy, and Eight other members serve as directors at the Company.
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L17111TN1936PLC002298
- Company No.
002298
- Stock Symbol
BSE : 532503
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Feb 1936
- Date of AGM
18 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Rajapalayam Mills?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Maheswaran Krishnamoorthy | Company Secretary | 25-Jan-2024 | Current |
Poosapadi Raju  | Managing Director | 24-Apr-2019 | Current |
| Shri Arulpranavam | CFO | 01-Jun-2014 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kokku Murthy | Director | 04-Aug-2014 | Current |
| Poosapadi Raja | Director | 25-Apr-1986 | Current |
| Sinthalapadi Raja | Director | 24-Jun-1992 | Current |
| Poosapadi Alagharraja | Director | 11-Feb-2017 | Current |
| Arrakundal Dharmakrishnan | Director | 16-Jan-2008 | Current |
| Sivaguru Chellappa | Director | 09-Apr-2024 | Current |
Financial Performance of Rajapalayam Mills.
Rajapalayam Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.11% increase. The company also saw a substantial improvement in profitability, with a 10.72% increase in profit. The company's net worth Soared by an impressive increase of 20%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rajapalayam Mills?
In 2021, Rajapalayam Mills had a promoter holding of 53.32% and a public holding of 46.69%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vinvent Chemilab Private LimitedKrishnamma Raja is a mutual person
Sri Vishnu Shankar Mills LimitedPoosapadi Raja, Sinthalapadi Raja and 1 more are mutual person
Sandhya Spinning Mill LimitedPoosapadi Raja and Poosapadi Raju are mutual person
Shanthi Gears LimitedSoundara Kumar is a mutual person
Shri Harini Media LimitedArrakundal Dharmakrishnan is a mutual person
Carborundum Universal LimitedSoundara Kumar is a mutual person
Charges (Loans)
₹2,171.00 Cr
₹2,399.14 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1414.00 Cr
- Others : 567.00 Cr
- Axis Bank Limited : 190.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jan 2024 | Others | ₹15.00 Cr | Open |
| 09 Dec 2023 | Others | ₹60.00 Cr | Open |
| 04 Oct 2023 | Others | ₹30.00 Cr | Open |
| 27 Sep 2023 | Others | ₹45.00 Cr | Open |
| 28 Mar 2022 | Others | ₹140.00 Cr | Open |
How Many Employees Work at Rajapalayam Mills?
Rajapalayam Mills has a workforce of 4712 employees as of Mar 27, 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 Rajapalayam 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 Rajapalayam Mills'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.
