Sambandam Spinning Mills Limited logo

Sambandam Spinning Mills Limited

This company manufactures and sells cotton yarn with a variety of product options and a large production capacity.
1973 | Salem, Tamil Nadu (India) | Active

Last Updated:

December 30, 2024
HomeCompanySambandam Spinning Mills Limited

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

Executive Team (5)

NameDesignationAppointment DateStatus
Boopalan Periasamy InCFO03-Jun-2019Current
Devarajan Sambandam InManaging Director01-Apr-2005Current
Dinakaran Sambandam InManaging Director01-Apr-2005Current
Jegarajan Sambandam InManaging Director01-Apr-2005Current
Snatarajan InCompany Secretary09-Jun-2016Current

Board Members(9)

NameDesignationAppointment DateStatus
Balasundaram Doraisami In Director 06-May-2017Current
Bhaskaran Subramanian In Director 14-Aug-2021Current
Sudharsan Devarajan In Director 01-Apr-2005Current
Mahadevan Gopalakrishnan In Director 11-Aug-2024Current
Sekar Venkatesan In Director 25-Mar-2017Current
Annapoorani Venugopalan In Director 11-Nov-2018Current

Financial Performance of Sambandam Spinning Mills.

Sambandam Spinning Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 53.58% increase. The company also saw a substantial improvement in profitability, with a 79.88% increase in profit. The company's net worth Soared by an impressive increase of 14.07%.

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
53.58%
Revenue from Operations
53.61%
Total Assets
18.85%
Profit or Loss
79.88%
Net Worth
14.07%
EBITDA
-42.82%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹184.63 Cr

₹749.31 Cr

LenderAmountStatus

Others

Creation Date: 31 Jul 2023
₹3.67 MOpen

Others

Creation Date: 13 Jul 2023
₹1.58 MOpen

Canara Bank

Creation Date: 19 Jun 2023
₹122.69 CrOpen

How Many Employees Work at Sambandam Spinning Mills?

Sambandam Spinning Mills has a workforce of 1513 employees as of Apr 01, 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 Sambandam Spinning Mills

Recent activity within the organization

  • Charges

    A charge registered on 27 Sep 2019 via Charge ID 100294389 with Hdfc Bank Limited was fully satisfied on 06 Oct 2024.

    06 Oct 2024

  • Annual General Meeting

    Sambandam Spinning Mills Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Charges

    A charge registered on 10 Mar 2020 via Charge ID 100332687 with The Catholic Syrian Bank Ltd was fully satisfied on 11 Sep 2024.

    11 Sep 2024

  • Director Appointment

    Mahadevan Gopalakrishnan was appointed as a Director was appointed as a Director on 11 Aug 2024 & has been associated with this company since 5 months 9 days .

    11 Aug 2024

  • Director Appointment

    Padmanabhan was appointed as a Director was appointed as a Director on 11 Aug 2024 & has been associated with this company since 5 months 9 days .

    11 Aug 2024

  • Charges

    A charge registered on 05 Jan 2023 via Charge ID 100668634 with Hdfc Bank Limited was fully satisfied on 04 Jun 2024.

    04 Jun 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Sambandam Spinning Mills Limited was incorporated on 07 Nov 1973.

  • The authorized share capital of Sambandam Spinning Mills Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.26 Cr.

  • Currently 14 directors are associated with Sambandam Spinning Mills Limited.

    • Devarajan Sambandam
    • Dinakaran Sambandam
    • Sudharsan Devarajan
    • Jegarajan Sambandam
    • Mahadevan Gopalakrishnan
    • Sekar Venkatesan
    • Balasundaram Doraisami
    • Annapoorani Venugopalan
    • Bhaskaran Subramanian
    • Jegarajan Sakthivel
    • Dinakaran Niranjan Kumar
    • Padmanabhan
    • SNatarajan
    • Boopalan Periasamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sambandam Spinning Mills Limited is Kamaraj Nagar Colonyp B No 1 India, Salem, Tamil Nadu, 636014.

  • The corporate identification number (CIN) of Sambandam Spinning Mills Limited is L17111TZ1973PLC000675 and the company number is 000675 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sambandam Spinning Mills Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Sambandam Spinning Mills Limited is https://www.sambandam.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sambandam Spinning Mills Limited has risen by 53.58%.

  • As Per 2022 financial reports, 1513 employees are currently employed by Sambandam Spinning Mills Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sambandam Spinning Mills Limited has experienced an upsurge of 14.07%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sambandam Spinning Mills Limited amount to ₹ 184.63 Cr.

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

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