Sitalakshmi Mills Limited
Produces yarn through manufacturing process.
1956 | Madurai, Tamil Nadu (India) | Active
Sitalakshmi Mills Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 15.50 Cr
- Company Age 69 Year, 1 Day
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.07 Cr
- Satisfied Charges ₹ 46.75 Cr
- Revenue Growth -53.49%
- Profit Growth -175.84%
- Ebitda -9.21%
- Net Worth -3.47%
- Total Assets -3.58%
About Sitalakshmi Mills
Sitalakshmi Mills Limited (SML) was founded in India on 17 March 1956 and has a glorious history of 69 years .Its registered office is in Madurai, 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 20.00 Cr and a paid-up capital of Rs 15.50 Cr.
The company currently has active open charges totaling ₹8.07 Cr. The company has closed loans amounting to ₹46.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sitalakshmi Mills Limited India are Ankit Kumar as COMPANY SECRETARY and Rahul Kanodia as Cfo. Santosh Kanodia, Rahul Kanodia, Rohit Kanodia, and One other member serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111TN1956PLC003364
- Company No.
003364
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Mar 1956
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Manufacturing
Sitalakshmi Mills Limited
Explore comprehensive data for Sitalakshmi Mills Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sitalakshmi Mills?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rahul Kanodia  | Managing Director | 23-Sep-2010 | Current |
| Rohit Kanodia | Managing Director | 23-Sep-2010 | Current |
| Ankit Kumar | Company Secretary | 01-Jun-2021 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Santosh Kanodia | Director | 27-Feb-2008 | Current |
| Govindkumargupta | Director | 30-Nov-2021 | Current |
Financial Performance of Sitalakshmi Mills.
Sitalakshmi Mills Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.49% decrease. The company also saw a substantial fall in profitability, with a 175.84% decrease in profit. The company's net worth dipped by a decrease of 3.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Sitalakshmi Mills?
In 2023, Sitalakshmi Mills had a promoter holding of 68.89% and a public holding of 31.11%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sumukha Entertainment Private LimitedRahul Kanodia and Rohit Kanodia are mutual person
Sumukha Bodhitree Entertainment Private LimitedRahul Kanodia and Rohit Kanodia are mutual person
Bodhi Tree Multimedia LimitedRahul Kanodia is a mutual person
- Madras Spinners Limited
Santosh Kanodia and Govindkumargupta are mutual person
- Sumukha Green Tech Aviation Limited
Santosh Kanodia and Rohit Kanodia are mutual person
- Sitalakshmi Coirs Private Limited
Rahul Kanodia and Rohit Kanodia are mutual person
Charges (Loans)
Open Charges
₹8.07 Cr
Satisfied Charges
₹46.75 Cr
Charges Breakdown by Lending Institutions
- Industrial Development Bank Of India : 2.48 Cr
- The Industrial Credit & Investment Corporation India Ltd : 2.00 Cr
- Industrial Development Bank Of India : 1.00 Cr
- The Industrial Credit & Investment Corporation Of India Ltd : 0.96 Cr
- The Standard Chartered Bank : 0.50 Cr
- Others : 1.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 1995 | The Industrial Credit & Investment Corporation India Ltd | ₹2.00 Cr | Open |
| 22 Feb 1993 | Industrial Development Bank Of India | ₹1.87 Cr | Open |
| 15 Mar 1991 | The Industrial Credit & Investment Corporation Of India Ltd | ₹3.60 M | Open |
| 26 Oct 1990 | Industrial Development Bank Of India | ₹1.00 Cr | Open |
| 03 Aug 1989 | The Industrial Credit & Investment Corporation Of India Ltd | ₹6.00 M | Open |
How Many Employees Work at Sitalakshmi Mills?
Sitalakshmi Mills has a workforce of 0 employees as of Apr 05, 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 Sitalakshmi 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 Sitalakshmi 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.
Latest Updates, News, and FAQs on Sitalakshmi Mills
Recent activity within the organization
- Annual General Meeting
Sitalakshmi Mills Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Sitalakshmi Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Govindkumargupta was appointed as a Director was appointed as a Director on 30 Nov 2021 & has been associated with this company since 3 years 3 months .
- Director Appointment
Ankit Kumar was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2021 & has been associated with this company since 3 years 9 months .
- Director Appointment
Rahul Kanodia was appointed as a Cfo was appointed as a Cfo on 24 Dec 2020 & has been associated with this company since 4 years 2 months .
- Charges
A charge registered on 18 Jun 1987 via Charge ID 90295983 with State Industries Promotioni Corporation Of Tamilnadu Ltd was fully satisfied on 22 Jun 2020.
Frequently asked questions
What is the Incorporation or founding date of Sitalakshmi Mills Limited?
Sitalakshmi Mills Limited was incorporated on 17 Mar 1956.
What is authorized share capital and paid-up capital of Sitalakshmi Mills Limited?
The authorized share capital of Sitalakshmi Mills Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.50 Cr.
Who are the current board members & directors of Sitalakshmi Mills Limited?
Currently 6 directors are associated with Sitalakshmi Mills Limited.
- Santosh Kumar Kanodia
- Rahul Kanodia
- Rohit Kanodia
- Ankit Kumar
- Rahul Kanodia
- Govindkumargupta
What is the registered address of Sitalakshmi Mills Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sitalakshmi Mills Limited is D.No.19-A Veeraragavaperumal Street, Thirunagar India, Madurai, Tamil Nadu, 625006.
What is the corporate identification number (CIN) and company number of Sitalakshmi Mills Limited?
The corporate identification number (CIN) of Sitalakshmi Mills Limited is U17111TN1956PLC003364 and the company number is 003364 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Sitalakshmi Mills Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sitalakshmi Mills Limited has fallen by -53.49%.
What change has been observed in the net worth of Sitalakshmi Mills Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sitalakshmi Mills Limited has experienced an downturn of -3.47%.
What are the total open charges for Sitalakshmi Mills Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sitalakshmi Mills Limited amount to ₹ 8.07 Cr.
When was the last Balance Sheet of Sitalakshmi Mills Limited filed with the ROC?
The most recent Balance Sheet for Sitalakshmi Mills Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Kaladhar KrishnamoorthyDirectorRR
Rajendran RamacharyDirectorGS
Gopi SarawagiAdditional DirectorSS
Sushil SarafDirectorKR
Kamalam RajendranDirectorNS
Navita SarafDirectorSN
Svramasamy NarayananDirectorSS
Subramanian SenthilnathanDirector and Cfo(Kmp)