Sandhya Spinning Mill Limited

Manufacturer of cotton yarn with high capacity and focus on fine/superfine counts, also exports globally.

1994 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Sandhya Spinning Mill Profile

Key Indicators

  • Authorised Capital ₹ 37.00 Cr
  • Paid Up Capital ₹ 35.62 Cr
  • Company Age 30 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 676.42 Cr
  • Satisfied Charges ₹ 401.25 Cr
  • Revenue Growth 18.24%
  • Profit Growth -126.20%
  • Ebitda -52.28%
  • Net Worth -11.94%
  • Total Assets 14.27%

About Sandhya Spinning Mill

Sandhya Spinning Mill Limited (SSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 March 1994 and has a history of 30 years and 11 months. Its registered office is in Virudhunagar, Tamil Nadu, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 37.00 Cr and a paid-up capital of Rs 35.62 Cr.

The company currently has active open charges totaling ₹676.42 Cr. The company has closed loans amounting to ₹401.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sandhya Spinning Mill Limited India is Karthikairaj Gnaneswaran as CFO. Ramasubrahmaneya Sudarsanam, Poosapadi Raja, Kanthimathinathan Subramanian, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1994PLC027037

  • Company No.

    027037

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 1994

  • Date of AGM

    28 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Sandhya Spinning Mill?

Executive Team (2)

NameDesignationAppointment DateStatus
Sri Byrraju Country flag representing In Managing Director25-May-2009Current
Karthikairaj Gnaneswaran CFO08-Mar-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Ramasubrahmaneya Sudarsanam Country flag representing In Director 30-Aug-1995Current
Poosapadi Raja Country flag representing In Director 19-May-2016Current
Kanthimathinathan Subramanian Country flag representing In Director 16-Jan-2008Current
Posapadi Raja Country flag representing In Director 11-Mar-2024Current
Poosapadi Raju Country flag representing In Director 30-Aug-1995Current
Poosapadi Raja Country flag representing In Director 30-Aug-1995Current

Financial Performance of Sandhya Spinning Mill.

Sandhya Spinning Mill Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.24% increase. The company also saw a substantial fall in profitability, with a 126.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.94%.

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
18.24%
Revenue from Operations
18.64%
Total Assets
14.27%
Profit or Loss
-126.20%
Net Worth
-11.94%
EBITDA
-52.28%

What is the Ownership and Shareholding Structure of Sandhya Spinning Mill?

In 2023, Sandhya Spinning Mill had a promoter holding of 98.64% and a public holding of 1.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹676.42 Cr

Satisfied Charges

₹401.25 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 362.27 Cr
  • Others : 185.83 Cr
  • Idbi Bank Limited : 76.83 Cr
  • State Bank Of India : 30.00 Cr
  • Indian Bank : 21.50 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jun 2024State Bank Of India₹30.00 CrOpen
27 Mar 2024Others₹35.00 CrOpen
27 Sep 2023Others₹40.00 CrOpen
07 Nov 2022Others₹20.00 CrOpen
10 Jun 2022Others₹21.00 CrOpen

How Many Employees Work at Sandhya Spinning Mill?

Sandhya Spinning Mill has a workforce of 1092 employees as of Mar 26, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sandhya Spinning Mill, 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 Sandhya Spinning Mill's trajectory.

Rating

Graph displaying rating trends over time

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

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 Sandhya Spinning Mill

Recent activity within the organization

  • Annual General Meeting

    Sandhya Spinning Mill Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.

    28 Aug 2024

  • Charges

    A charge registered on 04 Dec 2002 via Charge ID 90297147 with State Bank Of India was fully satisfied on 19 Jul 2024.

    19 Jul 2024

  • Charges

    A charge registered on 18 May 1995 via Charge ID 90297662 with State Bank Of India was fully satisfied on 19 Jul 2024.

    19 Jul 2024

  • Charges

    A charge registered on 18 May 1995 via Charge ID 90296947 with State Bank Of India was fully satisfied on 19 Jul 2024.

    19 Jul 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 30.00 Cr with Charge ID 100948689 was registered on 26 Jun 2024.

    26 Jun 2024

  • Charges

    A charge registered on 29 Sep 2021 via Charge ID 100489262 with Others was fully satisfied on 04 Apr 2024.

    04 Apr 2024

Frequently asked questions

  • Sandhya Spinning Mill Limited was incorporated on 16 Mar 1994.

  • The authorized share capital of Sandhya Spinning Mill Limited is ₹ 37.00 Cr and paid-up capital is ₹ 35.62 Cr.

  • Currently 8 directors are associated with Sandhya Spinning Mill Limited.

    • Ramasubrahmaneya Rajha Sudarsanam
    • Poosapadi A Sankar Raja Krishnama Raja
    • Kanthimathinathan Subramanian
    • Sri Sandhya Raju Byrraju
    • Posapadi Perumal Subba Raja Janarthana Raja
    • Karthikairaj Gnaneswaran
    • Poosapadi Venketrama Raja Nirmala Raju
    • Poosapadi Ramasubrahmaneya Rajha Venketrama Raja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sandhya Spinning Mill Limited is No 47 P S K Nagar India, Rajapalayam, Tamil Nadu, 626108.

  • The corporate identification number (CIN) of Sandhya Spinning Mill Limited is U17111TN1994PLC027037 and the company number is 027037 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sandhya Spinning Mill Limited is https://www.sandhyaspinningmill.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sandhya Spinning Mill Limited has risen by 18.24%.

  • As Per 2023 financial reports, 1092 employees are currently employed by Sandhya Spinning Mill Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sandhya Spinning Mill Limited has experienced an downturn of -11.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sandhya Spinning Mill Limited amount to ₹ 676.42 Cr.

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

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