Sree Akkamamba Textiles Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.70 Cr
- Company Age 70 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 38.08 Cr
- Satisfied Charges ₹ 104.15 Cr
- Revenue Growth -32.78%
- Profit Growth -182.41%
- Ebitda -130.82%
- Net Worth -27.88%
- Total Assets -23.58%
About Sree Akkamamba Textiles
Sree Akkamamba Textiles Ltd (SATL) was founded in India on 08 April 1954 and has a glorious history of 70 years and ten months. Its registered office is in Na, Andhra Pradesh.
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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.70 Cr.
The company currently has active open charges totaling ₹38.08 Cr. The company has closed loans amounting to ₹104.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Narendranath Pendyala, Mullapudi Narendranath, Sreeramachandra Mullapudi, and Two other members serve as directors at the Company.
Company Details
- Location Na, Andhra Pradesh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51909AP1954PLC000525
- Company No.
000525
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Apr 1954
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Manufacturing
Who are the key members and board of directors at Sree Akkamamba Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sreeramachandra Mullapudi  | Managing Director | 01-Oct-2006 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Narendranath Pendyala | Director | 30-Dec-1967 | Current |
| Mullapudi Narendranath | Director | 22-Dec-1990 | Current |
| Vuppalapati Sitarama | Director | 05-Aug-2023 | Current |
| Manjulatha Dasari | Director | 05-Aug-2023 | Current |
Financial Performance of Sree Akkamamba Textiles.
Sree Akkamamba Textiles Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.78% decrease. The company also saw a substantial fall in profitability, with a 182.41% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sree Akkamamba Textiles?
In 2023, Sree Akkamamba Textiles had a promoter holding of 55.97% and a public holding of 44.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Andhra Sugars LimitedNarendranath Pendyala and Mullapudi Narendranath are mutual person
- The Andhra Farm Chemicals Corporation Limited
Narendranath Pendyala is a mutual person
Jocil LimitedNarendranath Pendyala and Vuppalapati Sitarama are mutual person
- Andhra Pradesh Gas Power Corporation Limited
Narendranath Pendyala is a mutual person
- Hindustan Allied Chemicals Limited
Narendranath Pendyala and Mullapudi Narendranath are mutual person
Charges (Loans)
Open Charges
₹38.08 Cr
Satisfied Charges
₹104.15 Cr
Charges Breakdown by Lending Institutions
- Others : 35.49 Cr
- State Bank Of India : 2.59 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Feb 2022 | Others | ₹1.83 Cr | Open |
| 27 Jan 2022 | State Bank Of India | ₹2.59 Cr | Open |
| 18 Jan 2021 | Others | ₹3.66 Cr | Open |
| 22 Dec 1999 | Others | ₹30.00 Cr | Open |
| 28 May 2020 | Others | ₹2.70 Cr | Satisfied |
How Many Employees Work at Sree Akkamamba Textiles?
Sree Akkamamba Textiles has a workforce of 531 employees as of Mar 27, 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 Sree Akkamamba 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 Sree Akkamamba Textiles'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.
Latest Updates, News, and FAQs on Sree Akkamamba Textiles
Recent activity within the organization
- Annual General Meeting
Sree Akkamamba Textiles Ltd last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
- Director Appointment
Vuppalapati Raju Sitarama was appointed as a Director was appointed as a Director on 05 Aug 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Manjulatha Dasari was appointed as a Director was appointed as a Director on 05 Aug 2023 & has been associated with this company since 1 year 6 months .
- Balance Sheet
Sree Akkamamba Textiles Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Charges
A charge with Others of Rs. 30.00 Cr registered on 22 Dec 1999 with Charge ID 80003171 was modified on 14 Jul 2022.
- Charges
A charge registered on 28 May 2020 via Charge ID 100338059 with Others was fully satisfied on 25 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Sree Akkamamba Textiles Ltd?
Sree Akkamamba Textiles Ltd was incorporated on 08 Apr 1954.
What is authorized share capital and paid-up capital of Sree Akkamamba Textiles Ltd?
The authorized share capital of Sree Akkamamba Textiles Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 1.70 Cr.
Who are the current board members & directors of Sree Akkamamba Textiles Ltd?
Currently 5 directors are associated with Sree Akkamamba Textiles Ltd.
- Narendranath Chowdary Pendyala
- Mullapudi Narendranath
- Sreeramachandra Venkata Krishna Rangarao Mullapudi
- Vuppalapati Raju Sitarama
- Manjulatha Dasari
What is the registered address of Sree Akkamamba Textiles Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Sree Akkamamba Textiles Ltd is Venkatarayapuram Mandapakalimits Tanuku, West Godavari Distt. India, Na, Andhra Pradesh.
What is the corporate identification number (CIN) and company number of Sree Akkamamba Textiles Ltd?
The corporate identification number (CIN) of Sree Akkamamba Textiles Ltd is U51909AP1954PLC000525 and the company number is 000525 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sree Akkamamba Textiles Ltd?
The Official website of Sree Akkamamba Textiles Ltd is https://www.akkamamba.com
What has been the recent revenue trend for Sree Akkamamba Textiles Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Sree Akkamamba Textiles Ltd has fallen by -32.78%.
How many employees does Sree Akkamamba Textiles Ltd currently have?
As Per 2023 financial reports, 531 employees are currently employed by Sree Akkamamba Textiles Ltd.
What change has been observed in the net worth of Sree Akkamamba Textiles Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sree Akkamamba Textiles Ltd has experienced an downturn of -27.88%.
What are the total open charges for Sree Akkamamba Textiles Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Sree Akkamamba Textiles Ltd amount to ₹ 38.08 Cr.
When was the last Balance Sheet of Sree Akkamamba Textiles Ltd filed with the ROC?
The most recent Balance Sheet for Sree Akkamamba Textiles Ltd was filed with the ROC on 31 Mar 2023.
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