Sitaram Textiles Ltd

Sitaram Textiles Ltd

Textile manufacturer with 14,800 spindles producing cotton and polyester blended yarn, cloth, and more.
1975 | Trichur, Kerala (India) | Active

Last Updated:

October 13, 2024
HomeCompanySitaram Textiles Ltd

Who are the key members and board of directors at Sitaram Textiles?

Executive Team (2)

NameDesignationAppointment DateStatus
Ganesh Muthiah InManaging Director29-Dec-2007Current
Kalarikandi Jayarajan InManaging Director18-Feb-2020Current

Board Members(2)

NameDesignationAppointment DateStatus
Sudhir Krishnadas In Nominee Director 04-Jul-2016Current
Madhusoodanan Pillai In Nominee Director 16-Feb-2017Current

Financial Performance and Corporate Structure Insights of Sitaram Textiles.

Sitaram Textiles Ltd, for the financial year ended 2019, experienced significant growth in revenue, with a 44.84% increase. The company also saw a slight decrease in profitability, with a 5.06% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.96%.

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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
44.84%
Revenue from Operations
45.16%
Total Assets
-21.14%
Profit or Loss
-5.06%
Net Worth
-10.96%
EBITDA
-3.90%

Charges (Loans)

Open Charges

₹4.32 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 07 Apr 1996
₹2.47 CrOpen

State Bank Of India

Creation Date: 06 Sep 1979
₹2.50 MOpen

Industrial Finance Corporation Of India

Creation Date: 30 Dec 1978
₹8.50 MOpen

How Many Employees Work at Sitaram Textiles?

Sitaram Textiles has a workforce of 158 employees as of Oct 13, 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 Sitaram Textiles

Recent activity within the organization

  • Director Appointment

    Kalarikandi Thali Jayarajan was appointed as a Managing Director was appointed as a Managing Director on 18 Feb 2020 & has been associated with this company since 4 years 10 months .

    18 Feb 2020

  • Annual General Meeting

    Sitaram Textiles Ltd last Annual general meeting of members was held on 24 Sep 2019 as per latest MCA records.

    24 Sep 2019

  • Balance Sheet

    Sitaram Textiles Ltd has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ernakulam.

    31 Mar 2019

  • Director Appointment

    Madhusoodanan Nair Achuthan Pillai was appointed as a Nominee Director was appointed as a Nominee Director on 16 Feb 2017 & has been associated with this company since 7 years 10 months .

    16 Feb 2017

  • Director Appointment

    Sudhir Krishnadas was appointed as a Nominee Director was appointed as a Nominee Director on 04 Jul 2016 & has been associated with this company since 8 years 5 months .

    04 Jul 2016

  • Director Appointment

    Ganesh Muthiah was appointed as a Managing Director was appointed as a Managing Director on 29 Dec 2007 & has been associated with this company since 16 years 11 months .

    29 Dec 2007

Frequently asked questions

  • Sitaram Textiles Ltd was incorporated on 14 Feb 1975.

  • The authorized share capital of Sitaram Textiles Ltd is ₹ 6.00 Cr and paid-up capital is ₹ 5.94 Cr.

  • Currently 4 directors are associated with Sitaram Textiles Ltd.

    • Ganesh Muthiah
    • Sudhir Krishnadas
    • Madhusoodanan Nair Achuthan Pillai
    • Kalarikandi Thali Jayarajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sitaram Textiles Ltd is Xxviii/319Shornur Road Poonkunnam, Trichur, Kerala, India, 680002.

  • The corporate identification number (CIN) of Sitaram Textiles Ltd is U17115KL1975SGC002670 and the company number is 002670 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Sitaram Textiles Ltd has risen by 44.84%.

  • As Per 2019 financial reports, 158 employees are currently employed by Sitaram Textiles Ltd.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Sitaram Textiles Ltd has experienced an downturn of -10.96%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Sitaram Textiles Ltd amount to ₹ 4.32 Cr.

  • The most recent Balance Sheet for Sitaram Textiles Ltd was filed with the ROC on 31 Mar 2019.

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