Sree Satyanarayana Spinning Mills Ltd logo

Sree Satyanarayana Spinning Mills Ltd

Manufacturer of high-quality cotton yarn in various counts, serving top textile companies.
1962 | Godavari, Andhra Pradesh (India) | Active

Last Updated:

October 23, 2024
HomeCompanySree Satyanarayana Spinning Mills Ltd

Who are the key members and board of directors at Sree Satyanarayana Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Ethirajulu Sathyanarayana InManaging Director01-Oct-2009Current

Board Members(2)

NameDesignationAppointment DateStatus
Rajeswari In Director 31-Mar-2023Current
Joga Chintha In Director 26-Apr-2023Current

Financial Performance and Corporate Structure Insights of Sree Satyanarayana Spinning Mills.

Sree Satyanarayana Spinning Mills Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.3% decrease. The company also saw a substantial fall in profitability, with a 128.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.49%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-41.30%
Revenue from Operations
-41.25%
Total Assets
-15.33%
Profit or Loss
-128.79%
Net Worth
-15.49%
EBITDA
-121.00%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹16.34 Cr

₹3.54 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 08 Mar 2001
₹16.33 CrOpen

Andhra State Financial Corp.

Creation Date: 14 Feb 1977
₹0.12 MOpen

Industrial Development Baak Of India

Creation Date: 05 Jun 1991
₹4.80 MSatisfied

How Many Employees Work at Sree Satyanarayana Spinning Mills?

Sree Satyanarayana Spinning Mills has a workforce of 342 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Sree Satyanarayana Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Sree Satyanarayana Spinning Mills Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Joga Rao Chintha was appointed as a Director was appointed as a Director on 26 Apr 2023 & has been associated with this company since 1 year 7 months .

    26 Apr 2023

  • Balance Sheet

    Sree Satyanarayana Spinning Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Rajeswari was appointed as a Director was appointed as a Director on 31 Mar 2023 & has been associated with this company since 1 year 8 months .

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 16.33 Cr registered on 08 Mar 2001 with Charge ID 80025634 was modified on 16 Feb 2021.

    16 Feb 2021

  • Charges

    A charge registered on 17 Sep 1985 via Charge ID 90259422 with Andhra Bank was fully satisfied on 30 Sep 2015.

    30 Sep 2015

Frequently asked questions

  • Sree Satyanarayana Spinning Mills Ltd was incorporated on 23 Jul 1962.

  • The authorized share capital of Sree Satyanarayana Spinning Mills Ltd is ₹ 11.00 Cr and paid-up capital is ₹ 1.05 Cr.

  • Currently 3 directors are associated with Sree Satyanarayana Spinning Mills Ltd.

    • Ethirajulu Sathyanarayana
    • Rajeswari
    • Joga Rao Chintha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sree Satyanarayana Spinning Mills Ltd is Venkata Rayapuram Tanuku, West Godavari Dist India, Na, Andhra Pradesh, 534215.

  • The corporate identification number (CIN) of Sree Satyanarayana Spinning Mills Ltd is U18101AP1962PLC000919 and the company number is 000919 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sree Satyanarayana Spinning Mills Ltd is https://www.sssmills.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sree Satyanarayana Spinning Mills Ltd has fallen by -41.30%.

  • As Per 2023 financial reports, 342 employees are currently employed by Sree Satyanarayana Spinning Mills Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sree Satyanarayana Spinning Mills Ltd has experienced an downturn of -15.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sree Satyanarayana Spinning Mills Ltd amount to ₹ 16.34 Cr.

  • The most recent Balance Sheet for Sree Satyanarayana Spinning Mills Ltd was filed with the ROC on 31 Mar 2023.

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