Southern Petrochemical Industries Corporation Limited

Produces and markets a variety of fertilizers and offers soil management and agri services.

1969 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 26, 2024

Southern Petrochemical Industries Corporation Profile

Key Indicators

  • Authorised Capital ₹ 425.00 Cr
  • Paid Up Capital ₹ 203.64 Cr
  • Company Age 55 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 916.00 Cr
  • Satisfied Charges ₹ 3,580.25 Cr
  • Revenue Growth 22.03%
  • Profit Growth 170.85%
  • Ebitda 149.39%
  • Net Worth 33.59%
  • Total Assets -2.67%

About Southern Petrochemical Industries Corporation

Southern Petrochemical Industries Corporation Limited (SPICL) was founded in India on 18 December 1969 and has a glorious history of 55 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 590030 and on the National Stock Exchange(NSE) under SPIC.

The Company is engaged in the Agriculture 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 425.00 Cr and a paid-up capital of Rs 203.64 Cr.

The company currently has active open charges totaling ₹916.00 Cr. The company has closed loans amounting to ₹3,580.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Southern Petrochemical Industries Corporation Limited India are K Anandan as CFO and M Ganesh as Company Secretary. Sivathanu Radhakrishnan, Ashwin Chidambaram, Debendranath Sarangi, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L11101TN1969PLC005778

  • Company No.

    005778

  • Stock Symbol

    BSE : 590030 NSE : SPIC

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Dec 1969

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Agriculture

What products or services does Southern Petrochemical Industries Corporation Limited offer?

Southern Petrochemical Industries Corporation Limited offers a wide range of products and services, including Textile Chemical.

Who are the key members and board of directors at Southern Petrochemical Industries Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
K Anandan Country flag representing In CFO01-Jul-2016Current
M Ganesh Country flag representing In Company Secretary01-Apr-2013Current

Board Members (11)

NameDesignationAppointment DateStatus
Sivathanu Radhakrishnan Country flag representing In Director 07-Feb-2018Current
Ekamurthy Balu Country flag representing In Whole-Time Director 30-Jul-2023Current
Debendranath Sarangi Country flag representing In Director 23-May-2019Current
Ashwin Chidambaram Country flag representing Sg Director 18-Dec-1994Current
Thanjavur Arun Country flag representing In Director 07-Feb-2018Current
Apoorva Country flag representing In Nominee Director 16-May-2024Current

Financial Performance of Southern Petrochemical Industries Corporation.

Southern Petrochemical Industries Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.03% increase. The company also saw a substantial improvement in profitability, with a 170.85% increase in profit. The company's net worth Soared by an impressive increase of 33.59%.

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
22.03%
Revenue from Operations
22.78%
Total Assets
-2.67%
Profit or Loss
170.85%
Net Worth
33.59%
EBITDA
149.39%

What is the Ownership and Shareholding Structure of Southern Petrochemical Industries Corporation?

In 2022, Southern Petrochemical Industries Corporation had a promoter holding of 48.88% and a public holding of 51.12%. The company had 2 Joint Ventures and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹916.00 Cr

Satisfied Charges

₹3,580.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 695.00 Cr
  • Hdfc Bank Limited : 146.00 Cr
  • Yes Bank Limited : 75.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Nov 2024Others₹50.00 CrOpen
24 Oct 2024Others₹100.00 CrOpen
27 Mar 2024Others₹50.00 CrOpen
25 Sep 2023Others₹300.00 CrOpen
22 Sep 2023Yes Bank Limited₹75.00 CrOpen

How Many Employees Work at Southern Petrochemical Industries Corporation?

Southern Petrochemical Industries Corporation has a workforce of 682 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Southern Petrochemical Industries Corporation, 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 Southern Petrochemical Industries Corporation'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 Southern Petrochemical Industries Corporation

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101009530 was registered on 12 Nov 2024.

    12 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101002844 was registered on 24 Oct 2024.

    24 Oct 2024

  • Annual General Meeting

    Southern Petrochemical Industries Corporation Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

    19 Sep 2024

  • Director Appointment

    Latha Ramanathan was appointed as a Director was appointed as a Director on 08 Sep 2024 & has been associated with this company since 4 months 24 days .

    08 Sep 2024

  • Director Appointment

    Batchu Sai Purshotham was appointed as a Director was appointed as a Director on 08 Sep 2024 & has been associated with this company since 4 months 24 days .

    08 Sep 2024

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 03 May 2023 with Charge ID 100715110 was modified on 30 Aug 2024.

    30 Aug 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Southern Petrochemical Industries Corporation Limited was incorporated on 18 Dec 1969.

  • The authorized share capital of Southern Petrochemical Industries Corporation Limited is ₹ 425.00 Cr and paid-up capital is ₹ 203.64 Cr.

  • Currently 13 directors are associated with Southern Petrochemical Industries Corporation Limited.

    • Sivathanu Pillai Radhakrishnan
    • Ashwin Muthiah Chidambaram
    • Debendranath Sarangi
    • Thanjavur Kanakaraj Arun
    • Apoorva
    • Rita Chandrasekar
    • Latha Ramanathan
    • Sandeep Nanduri
    • Batchu Sai Purshotham
    • K R Anandan
    • M B Ganesh
    • Devaki Ashwin Muthiah
    • Ekamurthy Balu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Southern Petrochemical Industries Corporation Limited is Spichouse 88Mountroad, Guindy India, Chennai, Tamil Nadu, 600032.

  • The corporate identification number (CIN) of Southern Petrochemical Industries Corporation Limited is L11101TN1969PLC005778 and the company number is 005778 as per Ministry of Corporate Affairs (MCA).

  • Yes, Southern Petrochemical Industries Corporation Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SPIC.

  • The Official website of Southern Petrochemical Industries Corporation Limited is https://www.spic.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Southern Petrochemical Industries Corporation Limited has risen by 22.03%.

  • As Per 2022 financial reports, 682 employees are currently employed by Southern Petrochemical Industries Corporation Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Southern Petrochemical Industries Corporation Limited has experienced an upsurge of 33.59%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Southern Petrochemical Industries Corporation Limited amount to ₹ 916.00 Cr.

  • The most recent Balance Sheet for Southern Petrochemical Industries Corporation Limited was filed with the ROC on 31 Mar 2024.

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