Siyaram Silk Mills Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 9.07 Cr
- Company Age 46 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 594.40 Cr
- Satisfied Charges ₹ 1,502.60 Cr
- Revenue Growth 71.73%
- Profit Growth 3879.71%
- Ebitda 509.04%
- Net Worth 21.11%
- Total Assets 24.55%
About Siyaram Silk Mills
Siyaram Silk Mills Limited (SSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 June 1978 and has a history of 46 years and seven months. Its registered office is in Thane, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 503811 and on the National Stock Exchange(NSE) under SIYSIL.
The Corporate was formerly known as Siyaram Silk Mills Pvt Limited. 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 12.00 Cr and a paid-up capital of Rs 9.07 Cr.
The company currently has active open charges totaling ₹594.40 Cr. The company has closed loans amounting to ₹1,502.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Siyaram Silk Mills Limited India are William Fernandes as COMPANY SECRETARY and Surendra Shetty as Cfo. Ramesh Poddar, Pawan Poddar, Shrikishan Poddar, and Seven other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Siyaram Silk Mills Limited offer?
Siyaram Silk Mills Limited offers a wide range of products and services, including Ladies Suits & Dress Material, Ladies Suit Material, Home Decor Fabric, Home Decor & Furnishing Fabrics, Party, Wedding, Western, Formal Wear, Formal Wear, Men Shirts, Jeans & Clothing, Men Shirts, Apparel & Clothing Fabric, Shirting Fabrics.
Who are the key members and board of directors at Siyaram Silk Mills?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Poddar  | Managing Director | 24-Jan-1989 | Current |
| Pawan Poddar | Managing Director | 24-Jan-1989 | Current |
| William Fernandes | Company Secretary | 10-Jun-2008 | Current |
| Surendra Shetty | CFO | 30-Jul-2014 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sachindra Chaturvedi | Director | 01-Aug-2019 | Current |
| Mangala Prabhu | Director | 25-Mar-2019 | Current |
| Shrikishan Poddar | Whole-Time Director | 27-Oct-1989 | Current |
| Ashok Jalan | Whole-Time Director | 30-Jan-2007 | Current |
| Gaurav Poddar | Whole-Time Director | 01-Aug-2012 | Current |
| Chetan Thakkar | Director | 01-Aug-2019 | Current |
Financial Performance of Siyaram Silk Mills.
Siyaram Silk Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 71.73% increase. The company also saw a substantial improvement in profitability, with a 3879.71% increase in profit. The company's net worth Soared by an impressive increase of 21.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Siyaram Silk Mills?
In 2023, Siyaram Silk Mills had a promoter holding of 67.18% and a public holding of 32.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹594.40 Cr
₹1,502.60 Cr
Charges Breakdown by Lending Institutions
- Others : 335.00 Cr
- Corporation Bank : 259.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2022 | Others | ₹40.00 Cr | Open |
| 17 Sep 2013 | Others | ₹295.00 Cr | Open |
| 05 Dec 2003 | Corporation Bank | ₹259.40 Cr | Open |
| 30 Apr 2019 | Others | ₹135.90 Cr | Satisfied |
| 19 Mar 2019 | Others | ₹135.58 Cr | Satisfied |
How Many Employees Work at Siyaram Silk Mills?
Siyaram Silk Mills has a workforce of 780 employees as of Mar 28, 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 Siyaram Silk 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 Siyaram Silk 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.
