Source Industries (India) Limited

Manufactures textile products and operates in infrastructure segment since 1984.

1984 | Hyderabad, Telangana (India) | Active
Last Updated: August 09, 2024

Source Industries (India) Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.40 Cr
  • Company Age 40 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.85 M
  • Satisfied Charges ₹ 18.28 Cr
  • Revenue Growth 14.30%
  • Profit Growth 59.92%
  • Ebitda 59.97%
  • Net Worth -1.67%
  • Total Assets -2.26%

About Source Industries (India)

Source Industries (India) Limited (SIIL) is a Public Limited Indian Non-Government Company incorporated in India on 12 June 1984 and has a history of 40 years and seven months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521036.

The Company is engaged in the Infrastructure And Utilities 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 12.00 Cr and a paid-up capital of Rs 11.40 Cr.

The company currently has active open charges totaling ₹0.85 M. The company has closed loans amounting to ₹18.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Source Industries (India) Limited India are Visweswara Kothapalli as CFO and Tulika Srivastav as Company Secretary. Yerrapragada Rao, Jaya Yerramsetti, Sudhakar Navath, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L45400TG1984PLC004777

  • Company No.

    004777

  • Stock Symbol

    BSE : 521036

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 1984

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Infrastructure and Utilities
Manufacturing

Who are the key members and board of directors at Source Industries (India)?

Executive Team (3)

Name Designation Appointment Date Status
Sudhakar Navath Country flag representing In Managing Director 14-Nov-2017 Current
Visweswara Kothapalli CFO 10-Feb-2022 Current
Tulika Srivastav Company Secretary 22-May-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Yerrapragada Rao Country flag representing In Director 01-Apr-2009 Current
Jaya Yerramsetti Country flag representing In Director 14-Aug-2013 Current
Lakshmi Nekkanti Country flag representing In Director 30-Jun-2015 Current

Financial Performance of Source Industries (India).

Source Industries (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.3% increase. The company also saw a substantial improvement in profitability, with a 59.92% increase in profit. The company's net worth dipped by a decrease of 1.67%.

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
14.30%
Revenue from Operations
14.89%
Total Assets
-2.26%
Profit or Loss
59.92%
Net Worth
-1.67%
EBITDA
59.97%

What is the Ownership and Shareholding Structure of Source Industries (India)?

In 2022, Source Industries (India) had a promoter holding of 13.03% and a public holding of 86.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.08 Cr

Satisfied Charges

₹18.28 Cr

Charges Breakdown by Lending Institutions

  • Model Financial Corporation Ltd. : 0.08 Cr

Latest Charge Details

Date Lender Amount Status
22 Dec 1997 Model Financial Corporation Ltd. ₹0.85 M Open
29 Mar 1996 Indian Overseas Bank ₹2.40 M Satisfied
19 Dec 1995 Indian Overseas Bank ₹3.30 M Satisfied
19 Dec 1995 Indian Overseas Bank ₹6.00 Cr Satisfied
03 Nov 1995 Indian Overseas Bank ₹4.50 Cr Satisfied

How Many Employees Work at Source Industries (India)?

Unlock and access historical data on people associated with Source Industries (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Source Industries (India), 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 Source Industries (India)'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 Source Industries (India)

Recent activity within the organization

  • Director Appointment

    Tulika Srivastav was appointed as a Company Secretary was appointed as a Company Secretary on 22 May 2024 & has been associated with this company since 8 months 12 days .

    22 May 2024

  • Annual General Meeting

    Source Industries (India) Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Source Industries (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Sudhakar Navath was appointed as a Managing Director was appointed as a Managing Director on 14 Nov 2017 & has been associated with this company since 7 years 2 months .

    14 Nov 2017

  • Director Appointment

    Lakshmi Satyasri Nekkanti was appointed as a Director was appointed as a Director on 30 Jun 2015 & has been associated with this company since 9 years 7 months .

    30 Jun 2015

  • Director Appointment

    Jaya Mahadev Yerramsetti was appointed as a Director was appointed as a Director on 14 Aug 2013 & has been associated with this company since 11 years 5 months .

    14 Aug 2013

Frequently asked questions

  • Source Industries (India) Limited was incorporated on 12 Jun 1984.

  • The authorized share capital of Source Industries (India) Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.40 Cr.

  • Currently 6 directors are associated with Source Industries (India) Limited.

    • Yerrapragada Mallikarjuna Rao
    • Jaya Mahadev Yerramsetti
    • Sudhakar Navath
    • Lakshmi Satyasri Nekkanti
    • Visweswara Rao Kothapalli
    • Tulika Srivastav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Source Industries (India) Limited is 6-3-668/10/20 First Floor Durganagar Colony, Punjagutta Near Balaji Temple, Hyderabad, Telangana, India, 500082.

  • The corporate identification number (CIN) of Source Industries (India) Limited is L45400TG1984PLC004777 and the company number is 004777 as per Ministry of Corporate Affairs (MCA).

  • Yes, Source Industries (India) Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Source Industries (India) Limited is https://www.sourceindustriesindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Source Industries (India) Limited has risen by 14.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Source Industries (India) Limited has experienced an downturn of -1.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Source Industries (India) Limited amount to ₹ 0.85 M.

  • The most recent Balance Sheet for Source Industries (India) Limited was filed with the ROC on 31 Mar 2023.

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