Sree Ganesar Textile Mills Limited

Textile manufacturing company specializing in cotton and blended yarn production.

1946 | Davangere, Karnataka (India) | Active
Last Updated: December 25, 2024

Sree Ganesar Textile Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 78 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 68.23%
  • Profit Growth -3093.74%
  • Ebitda 2.07%
  • Net Worth -3.04%
  • Total Assets -7.94%

About Sree Ganesar Textile Mills

Sree Ganesar Textile Mills Limited (SGTML) was founded in India on 09 October 1946 and has a glorious history of 78 years and four months. Its registered office is in Davangere, Karnataka, India.

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 1.00 Cr and a paid-up capital of Rs 1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yallappa Amberker, Athani Shanthaveerappa, Andanur Kotrappa, and Three other members serve as directors at the Company.

Company Details

  • Location

    Davangere, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1946PLC000429

  • Company No.

    000429

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 1946

  • Date of AGM

    16 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at Sree Ganesar Textile Mills?

Executive Team (2)

NameDesignationAppointment DateStatus
Rajashekarappa Manjunath Country flag representing In Managing Director25-May-1996Current
Prasad Veeranna Country flag representing In Managing Director03-Sep-2010Current

Board Members (4)

NameDesignationAppointment DateStatus
Yallappa Amberker Country flag representing In Director 25-May-1996Current
Athani Shanthaveerappa Country flag representing In Director 04-Oct-1981Current
Andanur Kotrappa Country flag representing In Whole-Time Director 25-May-1996Current
Kuruvatappa Prabhakar Country flag representing In Director 25-May-1996Current

Financial Performance of Sree Ganesar Textile Mills.

Sree Ganesar Textile Mills Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 68.23% increase. The company also saw a substantial fall in profitability, with a 3093.74% decrease in profit. The company's net worth dipped by a decrease of 3.04%.

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
68.23%
Revenue from Operations
75.86%
Total Assets
-7.94%
Profit or Loss
-3093.74%
Net Worth
-3.04%
EBITDA
2.07%

What is the Ownership and Shareholding Structure of Sree Ganesar Textile Mills?

In 2020, Sree Ganesar Textile Mills had a promoter holding of 19.97% and a public holding of 80.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Sree Ganesar Textile Mills?

Sree Ganesar Textile Mills has a workforce of 2 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sree Ganesar Textile 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 Sree Ganesar Textile Mills'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 Ganesar Textile Mills

Recent activity within the organization

  • Annual General Meeting

    Sree Ganesar Textile Mills Limited last Annual general meeting of members was held on 16 Sep 2023 as per latest MCA records.

    16 Sep 2023

  • Balance Sheet

    Sree Ganesar Textile Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Prasad Athani Veeranna was appointed as a Managing Director was appointed as a Managing Director on 03 Sep 2010 & has been associated with this company since 14 years 5 months .

    03 Sep 2010

  • Director Appointment

    Yallappa Savan Amberker was appointed as a Director was appointed as a Director on 25 May 1996 & has been associated with this company since 28 years 9 months .

    25 May 1996

  • Director Appointment

    Andanur Channappa Kotrappa was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 May 1996 & has been associated with this company since 28 years 9 months .

    25 May 1996

  • Director Appointment

    Rajashekarappa Manjunath was appointed as a Managing Director was appointed as a Managing Director on 25 May 1996 & has been associated with this company since 28 years 9 months .

    25 May 1996

Frequently asked questions

  • Sree Ganesar Textile Mills Limited was incorporated on 09 Oct 1946.

  • The authorized share capital of Sree Ganesar Textile Mills Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 6 directors are associated with Sree Ganesar Textile Mills Limited.

    • Yallappa Savan Amberker
    • Athani Veeranna Shanthaveerappa
    • Andanur Channappa Kotrappa
    • Rajashekarappa Manjunath
    • Kuruvatappa Veerabhadrappa Prabhakar
    • Prasad Athani Veeranna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sree Ganesar Textile Mills Limited is Bamboo Bazar R M C Link Road India, Davangere, Karnataka, 577001.

  • The corporate identification number (CIN) of Sree Ganesar Textile Mills Limited is U85110KA1946PLC000429 and the company number is 000429 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Sree Ganesar Textile Mills Limited has risen by 68.23%.

  • As Per 2020 financial reports, 2 employees are currently employed by Sree Ganesar Textile Mills Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Sree Ganesar Textile Mills Limited has experienced an downturn of -3.04%.

  • The most recent Balance Sheet for Sree Ganesar Textile Mills Limited was filed with the ROC on 31 Mar 2023.

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