Sree Narasimha Textiles Private Limited

Produces and exports high-quality cotton yarn and generates energy through wind technology.

1976 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: July 17, 2024

Sree Narasimha Textiles Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.34 M
  • Company Age 49 Year, 11 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 236.25 Cr
  • Satisfied Charges ₹ 161.71 Cr
  • Revenue Growth 25.76%
  • Profit Growth -41.74%
  • Ebitda -44.40%
  • Net Worth 5.87%
  • Total Assets -3.10%

About Sree Narasimha Textiles

Sree Narasimha Textiles Private Limited (SNTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 February 1976 and has a history of 49 years. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Sree Narasimha 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 3.00 M and a paid-up capital of Rs 1.34 M.

The company currently has active open charges totaling ₹236.25 Cr. The company has closed loans amounting to ₹161.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

Coimbatore Jeyabal, Karadibhavi Srinivasan, Shanthi Srinivasan, and Five other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    premiermills.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1976PTC000755

  • Company No.

    000755

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 1976

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Sree Narasimha Textiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Karadibhavi Srinivasan Country flag representing In Managing Director27-Mar-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Shanthi Srinivasan Country flag representing In Additional Director 12-Apr-2024Current
Lingam Sankar Country flag representing In Director 07-Jun-1991Current
Coimbatore Jeyabal Country flag representing In Director 30-Nov-2009Current
Jampala Chowdhury Country flag representing In Director 27-Apr-1987Current
Varun Srinivasan Country flag representing In Director 01-Aug-2022Current
Aditya Srinivasan Country flag representing In Director 30-Nov-2019Current

Financial Performance of Sree Narasimha Textiles.

Sree Narasimha Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.76% increase. The company also saw a substantial fall in profitability, with a 41.74% decrease in profit. The company's net worth moved up by a moderate rise of 5.87%.

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
25.76%
Revenue from Operations
28.51%
Total Assets
-3.10%
Profit or Loss
-41.74%
Net Worth
5.87%
EBITDA
-44.40%

What is the Ownership and Shareholding Structure of Sree Narasimha Textiles?

In 2023, Sree Narasimha Textiles had a promoter holding of 100.00%. The company had 6 Subsidiaries and 8 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

₹2,362.50 M

Satisfied Charges

₹1,617.10 M

Charges Breakdown by Lending Institutions

  • The Bank Of Nova Scotia : 68.70 Cr
  • Idbi Bank Limited : 52.50 Cr
  • Hdfc Bank Limited : 50.00 Cr
  • Export Import Bank Of India : 25.60 Cr
  • Others : 23.90 Cr
  • Others : 15.55 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2022Others₹18.50 CrOpen
20 Nov 2020Hdfc Bank Limited₹50.00 CrOpen
25 Apr 2007Idbi Bank Limited₹20.00 CrOpen
24 Apr 2007Others₹5.40 CrOpen
14 Dec 2006Export Import Bank Of India₹25.60 CrOpen

How Many Employees Work at Sree Narasimha Textiles?

Sree Narasimha Textiles has a workforce of 728 employees as of Apr 03, 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 Narasimha 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 Narasimha 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 Narasimha Textiles

Recent activity within the organization

  • Director Appointment

    Shanthi Srinivasan was appointed as a Additional Director was appointed as a Additional Director on 12 Apr 2024 & has been associated with this company since 10 months 10 days .

    12 Apr 2024

  • Director Appointment

    Santhanagopalakrishnan Vaidyanathan was appointed as a Additional Director was appointed as a Additional Director on 12 Apr 2024 & has been associated with this company since 10 months 10 days .

    12 Apr 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sree Narasimha Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 500.00 M registered on 20 Nov 2020 with Charge ID 100389960 was modified on 15 Mar 2022.

    15 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 185.00 M with Charge ID 100546531 was registered on 22 Feb 2022.

    22 Feb 2022

Frequently asked questions

  • Sree Narasimha Textiles Private Limited was incorporated on 10 Feb 1976.

  • The authorized share capital of Sree Narasimha Textiles Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.34 M.

  • Currently 8 directors are associated with Sree Narasimha Textiles Private Limited.

    • Coimbatore Rangian Jeyabal
    • Karadibhavi Varadarajan Srinivasan
    • Shanthi Srinivasan
    • Jampala Venkatesam Chowdhury
    • Lingam Ravi Sankar
    • Varun Srinivasan
    • Aditya Srinivasan
    • Santhanagopalakrishnan Vaidyanathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sree Narasimha Textiles Private Limited is P.B. No.2 Sulur, Coimbatore, Tamil Nadu, India, 641402.

  • The corporate identification number (CIN) of Sree Narasimha Textiles Private Limited is U17111TZ1976PTC000755 and the company number is 000755 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sree Narasimha Textiles Private Limited is https://www.premiermills.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sree Narasimha Textiles Private Limited has risen by 25.76%.

  • As Per 2023 financial reports, 728 employees are currently employed by Sree Narasimha Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sree Narasimha Textiles Private Limited has experienced an upsurge of 5.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sree Narasimha Textiles Private Limited amount to ₹ 236.25 Cr.

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

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