Sree Akkamamba Textiles Ltd

Manufacturer of cotton yarn for weaving markets, with ISO certification and clientele including major textile companies.

1954 | Active
Last Updated: January 15, 2025

Sree Akkamamba Textiles Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.70 Cr
  • Company Age 70 Year, 9 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 nine 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
  • 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)

NameDesignationAppointment DateStatus
Sreeramachandra Mullapudi Country flag representing In Managing Director01-Oct-2006Current

Board Members (4)

NameDesignationAppointment DateStatus
Narendranath Pendyala Country flag representing In Director 30-Dec-1967Current
Mullapudi Narendranath Country flag representing In Director 22-Dec-1990Current
Vuppalapati Sitarama Country flag representing In Director 05-Aug-2023Current
Manjulatha Dasari Country flag representing In Director 05-Aug-2023Current

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%.

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
-32.78%
Revenue from Operations
-33.16%
Total Assets
-23.58%
Profit or Loss
-182.41%
Net Worth
-27.88%
EBITDA
-130.82%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
08 Feb 2022Others₹1.83 CrOpen
27 Jan 2022State Bank Of India₹2.59 CrOpen
18 Jan 2021Others₹3.66 CrOpen
22 Dec 1999Others₹30.00 CrOpen
28 May 2020Others₹2.70 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    25 Sep 2023

  • 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 5 months .

    05 Aug 2023

  • 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 5 months .

    05 Aug 2023

  • Balance Sheet

    Sree Akkamamba Textiles Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • 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.

    14 Jul 2022

  • Charges

    A charge registered on 28 May 2020 via Charge ID 100338059 with Others was fully satisfied on 25 Mar 2022.

    25 Mar 2022

Frequently asked questions

  • Sree Akkamamba Textiles Ltd was incorporated on 08 Apr 1954.

  • The authorized share capital of Sree Akkamamba Textiles Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 1.70 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Sree Akkamamba Textiles Ltd is https://www.akkamamba.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sree Akkamamba Textiles Ltd has fallen by -32.78%.

  • As Per 2023 financial reports, 531 employees are currently employed by Sree Akkamamba Textiles Ltd.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sree Akkamamba Textiles Ltd amount to ₹ 38.08 Cr.

  • The most recent Balance Sheet for Sree Akkamamba Textiles Ltd was filed with the ROC on 31 Mar 2023.

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