Sharadha Terry Products Private Limited

Manufactures and markets yarn, terry towels, bedding, rugs, and product care globally.

1992 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Sharadha Terry Products Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 8.90 Cr
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 61.00 Cr
  • Satisfied Charges ₹ 473.32 Cr
  • Revenue Growth 7.96%
  • Profit Growth -20.74%
  • Ebitda -37.47%
  • Net Worth 2.75%
  • Total Assets -0.08%

About Sharadha Terry Products

Sharadha Terry Products Private Limited (STPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 June 1992 and has a history of 32 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Sharadha Terry Products Limited. The Company is engaged in the Consumer Goods 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 18.00 Cr and a paid-up capital of Rs 8.90 Cr.

The company currently has active open charges totaling ₹61.00 Cr. The company has closed loans amounting to ₹473.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Govindaswamy Kannappan, Ramasamy Pothiraj, Devaraj Krishna, and Two other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    microcotton.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17115TZ1992PTC003799

  • Company No.

    003799

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 1992

  • Date of AGM

    03 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Consumer Goods

Who are the key members and board of directors at Sharadha Terry Products?

Executive Team (2)

NameDesignationAppointment DateStatus
Devaraj Krishna Country flag representing In Managing Director24-Mar-1998Current
Govindaswamy Kannappan Country flag representing In Managing Director17-Aug-1992Current

Board Members (3)

NameDesignationAppointment DateStatus
Vijayakumar Sanjana Country flag representing In Director 31-Jan-2015Current
Ramasamy Pothiraj Country flag representing In Director 31-Jan-2003Current
Ramakrishnama Swaminathan Country flag representing In Director 24-Mar-1997Current

Financial Performance of Sharadha Terry Products.

Sharadha Terry Products Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.96% increase. The company also saw a substantial fall in profitability, with a 20.74% decrease in profit. The company's net worth moved up by a moderate rise of 2.75%.

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
7.96%
Revenue from Operations
7.58%
Total Assets
-0.08%
Profit or Loss
-20.74%
Net Worth
2.75%
EBITDA
-37.47%

What is the Ownership and Shareholding Structure of Sharadha Terry Products?

In 2023, Sharadha Terry Products had a promoter holding of 44.96% and a public holding of 55.04%. The company had 8 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹61.00 Cr

Satisfied Charges

₹473.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 36.00 Cr
  • Hdfc Bank Limited : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Sep 2021Hdfc Bank Limited₹25.00 CrOpen
06 Mar 2003Others₹36.00 CrOpen
09 Sep 2016Others₹25.04 CrSatisfied
10 Apr 2015Indian Bank₹3.12 CrSatisfied
10 Apr 2015Indian Bank₹35.57 CrSatisfied

How Many Employees Work at Sharadha Terry Products?

Sharadha Terry Products has a workforce of 1036 employees as of Mar 29, 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 Sharadha Terry Products, 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 Sharadha Terry Products'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 Sharadha Terry Products

Recent activity within the organization

  • Annual General Meeting

    Sharadha Terry Products Private Limited last Annual general meeting of members was held on 03 Sep 2023 as per latest MCA records.

    03 Sep 2023

  • Balance Sheet

    Sharadha Terry Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 36.00 Cr registered on 06 Mar 2003 with Charge ID 90007101 was modified on 23 Mar 2023.

    23 Mar 2023

  • Charges

    A charge registered on 25 Aug 2014 via Charge ID 10519608 with Others was fully satisfied on 04 Jul 2022.

    04 Jul 2022

  • Charges

    A charge registered on 09 Sep 2016 via Charge ID 100054195 with Others was fully satisfied on 02 Nov 2021.

    02 Nov 2021

  • Charges

    A charge registered on 14 Apr 2005 via Charge ID 80011016 with Others was fully satisfied on 27 Oct 2021.

    27 Oct 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Sharadha Terry Products Private Limited was incorporated on 25 Jun 1992.

  • The authorized share capital of Sharadha Terry Products Private Limited is ₹ 18.00 Cr and paid-up capital is ₹ 8.90 Cr.

  • Currently 5 directors are associated with Sharadha Terry Products Private Limited.

    • Govindaswamy Kannappan
    • Ramasamy Pothiraj
    • Devaraj Vikram Krishna
    • Vijayakumar Sanjana
    • Ramakrishnama Naidu Swaminathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sharadha Terry Products Private Limited is 8Badrakaliamman Koil Road Nellithurai Post India, Mettupalayam, Tamil Nadu, 641305.

  • The corporate identification number (CIN) of Sharadha Terry Products Private Limited is U17115TZ1992PTC003799 and the company number is 003799 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sharadha Terry Products Private Limited is https://www.microcotton.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sharadha Terry Products Private Limited has risen by 7.96%.

  • As Per 2023 financial reports, 1036 employees are currently employed by Sharadha Terry Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sharadha Terry Products Private Limited has experienced an upsurge of 2.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sharadha Terry Products Private Limited amount to ₹ 61.00 Cr.

  • The most recent Balance Sheet for Sharadha Terry Products Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Home Furnishings Manufacturing