Sree Meenakshi Sundram Textiles Limited

Textile manufacturing and trading company specializing in cotton, wool, jute, silk, and synthetic materials.

1974 | Mysore, Karnataka (India) | Active
Last Updated: November 16, 2024

Sree Meenakshi Sundram Textiles Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 10.18 Cr
  • Company Age 50 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.25 Cr
  • Revenue Growth %
  • Profit Growth 46.26%
  • Ebitda 99.35%
  • Net Worth -4.58%
  • Total Assets -2.92%

About Sree Meenakshi Sundram Textiles

Sree Meenakshi Sundram Textiles Limited (SMSTL) is a Public Limited Indian Non-Government Company incorporated in India on 22 May 1974 and has a history of 50 years and nine months. Its registered office is in Mysore, Karnataka, India.

The Corporate was formerly known as Sree Meenakshisundaram Textiles Limited. 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 12.00 Cr and a paid-up capital of Rs 10.18 Cr.

The company currently has active open charges totaling ₹2.25 Cr.

The Key Managerial Personnel (KMP) at Sree Meenakshi Sundram Textiles Limited India is Thirulakshmi Subramanian as CFO. Sundaram Valliappan, Shiva Subramanian, Adil Unvalla, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17100KA1974PLC002566

  • Company No.

    002566

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 May 1974

  • Date of AGM

    30 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 Meenakshi Sundram Textiles?

Executive Team (3)

NameDesignationAppointment DateStatus
Sundaram Valliappan Country flag representing In Managing Director30-Sep-1999Current
Subramanian Sundaram Country flag representing In Managing Director21-Aug-1997Current
Thirulakshmi Subramanian Country flag representing In CFO03-Jul-2015Current

Board Members (3)

NameDesignationAppointment DateStatus
Shiva Subramanian Country flag representing In Director 22-Apr-2004Current
Adil Unvalla Country flag representing In Director 13-Dec-2004Current
Ramasamy Sundaram Country flag representing In Director 03-Jul-2015Current

Financial Performance of Sree Meenakshi Sundram Textiles.

Sree Meenakshi Sundram Textiles Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 46.26% increase in profit. The company's net worth dipped by a decrease of 4.58%.

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
Revenue from Operations
Total Assets
-2.92%
Profit or Loss
46.26%
Net Worth
-4.58%
EBITDA
99.35%

What is the Ownership and Shareholding Structure of Sree Meenakshi Sundram Textiles?

In 2023, Sree Meenakshi Sundram Textiles had a promoter holding of 97.80% and a public holding of 2.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Industrial Finance Corporation Of India : 0.94 Cr
  • The Vysya Bank Ltd. : 0.79 Cr
  • Idbi Bank Ltd. : 0.31 Cr
  • Icici Bank Ltd. : 0.20 Cr
  • Sundaram Finance Ltd. : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
04 Apr 1988Industrial Finance Corporation Of India₹5.40 MOpen
22 Mar 1986Sundaram Finance Ltd.₹0.09 MOpen
04 Apr 1977The Vysya Bank Ltd.₹7.90 MOpen
22 Jul 1976Idbi Bank Ltd.₹3.10 MOpen
14 May 1976Icici Bank Ltd.₹2.00 MOpen

How Many Employees Work at Sree Meenakshi Sundram Textiles?

Unlock and access historical data on people associated with Sree Meenakshi Sundram Textiles, 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 Sree Meenakshi Sundram 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 Meenakshi Sundram 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 Meenakshi Sundram Textiles

Recent activity within the organization

  • Annual General Meeting

    Sree Meenakshi Sundram Textiles Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sree Meenakshi Sundram Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Ramasamy Sundaram was appointed as a Director was appointed as a Director on 03 Jul 2015 & has been associated with this company since 9 years 7 months .

    03 Jul 2015

  • Director Appointment

    Adil Nadirshah Unvalla was appointed as a Director was appointed as a Director on 13 Dec 2004 & has been associated with this company since 20 years 2 months .

    13 Dec 2004

  • Director Appointment

    Shiva Subramanian was appointed as a Director was appointed as a Director on 22 Apr 2004 & has been associated with this company since 20 years 10 months .

    22 Apr 2004

  • Director Appointment

    Sundaram Valliappan was appointed as a Managing Director was appointed as a Managing Director on 30 Sep 1999 & has been associated with this company since 25 years 4 months .

    30 Sep 1999

Frequently asked questions

  • Sree Meenakshi Sundram Textiles Limited was incorporated on 22 May 1974.

  • The authorized share capital of Sree Meenakshi Sundram Textiles Limited is ₹ 12.00 Cr and paid-up capital is ₹ 10.18 Cr.

  • Currently 6 directors are associated with Sree Meenakshi Sundram Textiles Limited.

    • Sundaram Valliappan
    • Shiva Subramanian
    • Adil Nadirshah Unvalla
    • Subramanian Chockalingam Sundaram
    • Ramasamy Sundaram
    • Thirulakshmi Subramanian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sree Meenakshi Sundram Textiles Limited is K.R.Nagar Roadbelathur Village India, Hunsur, Karnataka, 571105.

  • The corporate identification number (CIN) of Sree Meenakshi Sundram Textiles Limited is U17100KA1974PLC002566 and the company number is 002566 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sree Meenakshi Sundram Textiles Limited has experienced an downturn of -4.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sree Meenakshi Sundram Textiles Limited amount to ₹ 2.25 Cr.

  • The most recent Balance Sheet for Sree Meenakshi Sundram Textiles Limited was filed with the ROC on 31 Mar 2023.

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