Shri Dinesh Mills Limited

This company manufactures worsted fabric for high-end suiting and industrial felts for the paper industry.

1935 | Vadodara, Gujarat (India) | Active
Last Updated: July 01, 2024

Shri Dinesh Mills Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.60 Cr
  • Company Age 89 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.72 Cr
  • Satisfied Charges ₹ 99.13 Cr
  • Revenue Growth 10.32%
  • Profit Growth -13.43%
  • Ebitda -19.45%
  • Net Worth 13.55%
  • Total Assets 15.51%

About Shri Dinesh Mills

Shri Dinesh Mills Limited (SDML) was founded in India on 01 July 1935 and has a glorious history of 89 years and seven months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 503804.

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 10.00 Cr and a paid-up capital of Rs 5.60 Cr.

The company currently has active open charges totaling ₹27.72 Cr. The company has closed loans amounting to ₹99.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shri Dinesh Mills Limited India are Mohan Akalkotkar as CFO and Jaman Sojitra as Company Secretary. Tanuj Patel, Jaman Sojitra, Bharatbhai Patel, and Four other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    dineshmills.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17110GJ1935PLC000494

  • Company No.

    000494

  • Stock Symbol

    BSE : 503804

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1935

  • Date of AGM

    02 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Shri Dinesh Mills?

Executive Team (4)

NameDesignationAppointment DateStatus
Bharatbhai Patel Country flag representing In Managing Director01-Apr-2010Current
Nimishbhai Patel Country flag representing In Managing Director14-Jan-1995Current
Mohan Akalkotkar CFO31-May-2021Current
Jaman Sojitra Country flag representing In Company Secretary01-Jun-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Tanuj Patel Country flag representing Gb Director 20-Sep-1984Current
Jaman Sojitra Country flag representing In Whole-Time Director and Company Secretary 28-Nov-1996Current
Rakesh Agrawal Country flag representing In Director 10-Feb-2011Current
Sanjiv Shah Country flag representing In Director 29-Mar-2016Current
Reshma Patel Country flag representing In Director 15-Mar-2021Current

Financial Performance of Shri Dinesh Mills.

Shri Dinesh Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.32% increase. The company also saw a substantial fall in profitability, with a 13.43% decrease in profit. The company's net worth Soared by an impressive increase of 13.55%.

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
10.32%
Revenue from Operations
8.34%
Total Assets
15.51%
Profit or Loss
-13.43%
Net Worth
13.55%
EBITDA
-19.45%

What is the Ownership and Shareholding Structure of Shri Dinesh Mills?

In 2022, Shri Dinesh Mills had a promoter holding of 49.79% and a public holding of 50.21%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.72 Cr

Satisfied Charges

₹99.13 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Ltd. : 15.29 Cr
  • The South Indian Bank Limited : 8.60 Cr
  • Others : 3.83 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 2024The South Indian Bank Limited₹0.50 MOpen
09 Jan 2023The South Indian Bank Limited₹5.50 MOpen
06 Jan 2023The South Indian Bank Limited₹8.00 CrOpen
10 May 2019Others₹3.83 CrOpen
31 Mar 2003Hdfc Bank Ltd.₹15.29 CrOpen

How Many Employees Work at Shri Dinesh Mills?

Shri Dinesh Mills has a workforce of 322 employees as of Apr 06, 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 Shri Dinesh 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 Shri Dinesh Mills'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 Shri Dinesh Mills

Recent activity within the organization

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100895137 was registered on 26 Mar 2024.

    26 Mar 2024

  • Annual General Meeting

    Shri Dinesh Mills Limited last Annual general meeting of members was held on 02 Sep 2023 as per latest MCA records.

    02 Sep 2023

  • Balance Sheet

    Shri Dinesh Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.55 Cr with Charge ID 100666134 was registered on 09 Jan 2023.

    09 Jan 2023

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100665386 was registered on 06 Jan 2023.

    06 Jan 2023

  • Director Appointment

    Reshma Suresh Patel was appointed as a Director was appointed as a Director on 15 Mar 2021 & has been associated with this company since 3 years 11 months .

    15 Mar 2021

Frequently asked questions

  • Shri Dinesh Mills Limited was incorporated on 01 Jul 1935.

  • The authorized share capital of Shri Dinesh Mills Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.60 Cr.

  • Currently 9 directors are associated with Shri Dinesh Mills Limited.

    • Tanuj Manubhai Patel
    • Jaman Boghabhai Sojitra
    • Bharatbhai Upendrabhai Patel
    • Nimishbhai Upendrabhai Patel
    • Rakesh Shivbhagwan Agrawal
    • Sanjiv Mahendralal Shah
    • Reshma Suresh Patel
    • Mohan Vyankatesh Akalkotkar
    • Jaman Boghabhai Sojitra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shri Dinesh Mills Limited is Near Indiabulls Mega Mall, Akota Road, Vadodara, Gujarat, 390020.

  • The corporate identification number (CIN) of Shri Dinesh Mills Limited is L17110GJ1935PLC000494 and the company number is 000494 as per Ministry of Corporate Affairs (MCA).

  • Yes, Shri Dinesh Mills Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Shri Dinesh Mills Limited is https://www.dineshmills.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shri Dinesh Mills Limited has risen by 10.32%.

  • As Per 2023 financial reports, 322 employees are currently employed by Shri Dinesh Mills Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shri Dinesh Mills Limited has experienced an upsurge of 13.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shri Dinesh Mills Limited amount to ₹ 27.72 Cr.

  • The most recent Balance Sheet for Shri Dinesh Mills Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Textile & Fabric Production