Sitaram Textiles Ltd

Textile manufacturer with 14,800 spindles producing cotton and polyester blended yarn, cloth, and more.

1975 | Thrissur, Kerala (India) | Active
Last Updated:

Sitaram Textiles Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.94 Cr
  • Company Age 50 Year, 2 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 4.32 Cr
  • Revenue Growth 44.84%
  • Profit Growth -5.06%
  • Ebitda -3.90%
  • Net Worth -10.96%
  • Total Assets -21.14%

About Sitaram Textiles

Sitaram Textiles Ltd (STL) is a leading Public Limited State Government Company incorporated in India on 14 February 1975 and has a history of 50 years and two months. Its registered office is in Thrissur, Kerala, 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 2019. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.94 Cr.

The company currently has active open charges totaling ₹4.32 Cr.

Ganesh Muthiah, Sudhir Krishnadas, Madhusoodanan Pillai, and One other member serve as directors at the Company.

Company Details

  • Location

    Thrissur, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17115KL1975SGC002670

  • Company No.

    002670

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    14 Feb 1975

  • Date of AGM

    24 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing
Company report

Sitaram Textiles Ltd

Explore comprehensive data for Sitaram Textiles Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Ganesh Muthiah Country flag representing In Managing Director31-Dec-2016Current
Kalarikandi Jayarajan Country flag representing In Managing Director18-Feb-2020Current

Board Members (2)

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

Financial Performance 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%.

Sitaram Textiles revenue growth over time
Sitaram Textiles 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
44.84%
Revenue from Operations
45.16%
Total Assets
-21.14%
Profit or Loss
-5.06%
Net Worth
-10.96%
EBITDA
-3.90%

What is the Ownership and Shareholding Structure of Sitaram Textiles?

In 2019, Sitaram Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.32 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.72 Cr
  • Industrial Finance Corporation Of India : 1.60 Cr

Latest Charge Details

DateLenderAmountStatus
07 Apr 1996State Bank Of India₹2.47 CrOpen
06 Sep 1979State Bank Of India₹2.50 MOpen
30 Dec 1978Industrial Finance Corporation Of India₹8.50 MOpen
14 Feb 1978Industrial Finance Corporation Of India₹7.50 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.

Employee growth trends for Sitaram Textiles Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sitaram Textiles, 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 Sitaram Textiles'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 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 5 years 1 month .

  • Annual General Meeting

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

  • Balance Sheet

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

  • 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 8 years 1 month .

  • Director Appointment

    Ganesh Muthiah was appointed as a Managing Director was appointed as a Managing Director on 31 Dec 2016 & has been associated with this company since 8 years 3 months .

  • 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 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Sitaram Textiles Ltd?

    Sitaram Textiles Ltd was incorporated on 14 Feb 1975.

  • What is authorized share capital and paid-up capital of Sitaram Textiles Ltd?

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

  • Who are the current board members & directors of Sitaram Textiles Ltd?

    Currently 4 directors are associated with Sitaram Textiles Ltd.

    • Ganesh Muthiah
    • Sudhir Krishnadas
    • Madhusoodanan Nair Achuthan Pillai
    • Kalarikandi Thali Jayarajan

  • What is the registered address of Sitaram Textiles Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sitaram Textiles Ltd is Xxviii/319Shornur Road Poonkunnam India, Trichur, Kerala, 680002.

  • What is the corporate identification number (CIN) and company number of Sitaram Textiles Ltd?

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

  • What has been the recent revenue trend for Sitaram Textiles Ltd?

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

  • How many employees does Sitaram Textiles Ltd currently have?

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

  • What change has been observed in the net worth of Sitaram Textiles Ltd, and by what percentage?

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

  • What are the total open charges for Sitaram Textiles Ltd?

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

  • When was the last Balance Sheet of Sitaram Textiles Ltd filed with the ROC?

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

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