Sri Balasubramania Mills Limited

Produces blended polyester cotton yarn in Opillipalayam, Coimbatore since 1934.

1934 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Sri Balasubramania Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.84 M
  • Company Age 90 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.46 Cr
  • Satisfied Charges ₹ 9.17 Cr
  • Revenue Growth 5.96%
  • Profit Growth 186.43%
  • Ebitda -31.88%
  • Net Worth 9.30%
  • Total Assets 18.10%

About Sri Balasubramania Mills

Sri Balasubramania Mills Limited (SBML) was founded in India on 16 June 1934 and has a glorious history of 90 years and nine months. Its registered office is in Coimbatore, Tamil Nadu, 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 5.00 M and a paid-up capital of Rs 3.84 M.

The company currently has active open charges totaling ₹25.46 Cr. The company has closed loans amounting to ₹9.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arjun Balu, Sujani Balu, Sanjay Balu, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1934PLC000174

  • Company No.

    000174

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 1934

  • 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 Sri Balasubramania Mills?

Executive Team (3)

NameDesignationAppointment DateStatus
Arjun Balu Country flag representing In Managing Director24-Feb-1993Current
Sujani Balu Country flag representing In Managing Director11-Jun-1981Current
Sanjay Balu Country flag representing In Managing Director10-Jun-1987Current

Board Members (1)

NameDesignationAppointment DateStatus
Shanthini Balu Country flag representing In Director 24-Feb-1993Current

Financial Performance of Sri Balasubramania Mills.

Sri Balasubramania Mills Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.96% increase. The company also saw a substantial improvement in profitability, with a 186.43% increase in profit. The company's net worth moved up by a moderate rise of 9.3%.

Sri Balasubramania Mills revenue growth over time
Sri Balasubramania Mills 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
5.96%
Revenue from Operations
2.25%
Total Assets
18.10%
Profit or Loss
186.43%
Net Worth
9.30%
EBITDA
-31.88%

What is the Ownership and Shareholding Structure of Sri Balasubramania Mills?

In 2023, Sri Balasubramania Mills had a promoter holding of 83.21% and a public holding of 16.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹254.62 M

Satisfied Charges

₹91.72 M

Charges Breakdown by Lending Institutions

  • Others : 22.00 Cr
  • The Industrial Credit & Investment Corporation Of India Ltd. : 1.80 Cr
  • Industrial Development Bank Of India : 1.08 Cr
  • The Industrial Credit And Investment Corporation Of India Lt : 0.40 Cr
  • Hdfc Bank Limited : 0.13 Cr
  • Others : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2023Others₹10.00 CrOpen
14 Feb 2022Hdfc Bank Limited₹1.30 MOpen
30 Dec 2019Others₹12.00 CrOpen
09 Mar 1994The Industrial Credit & Investment Corporation Of India Ltd.₹1.80 CrOpen
08 Feb 1991The Industrial Credit And Investment Corporation Of India Lt₹4.00 MOpen

How Many Employees Work at Sri Balasubramania Mills?

Sri Balasubramania Mills has a workforce of 33 employees as of Apr 06, 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.

Employee growth trends for Sri Balasubramania Mills Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Balasubramania 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 Sri Balasubramania 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 Sri Balasubramania Mills

Recent activity within the organization

  • Annual General Meeting

    Sri Balasubramania Mills Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Sri Balasubramania Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100692705 was registered on 22 Feb 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.30 M with Charge ID 100542871 was registered on 14 Feb 2022.

  • Charges

    A charge with Others amounted to Rs. 120.00 M with Charge ID 100321994 was registered on 30 Dec 2019.

  • Charges

    A charge registered on 24 Dec 2008 via Charge ID 10142438 with Union Bank Of India was fully satisfied on 20 Jun 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Sri Balasubramania Mills Limited?

    Sri Balasubramania Mills Limited was incorporated on 16 Jun 1934.

  • What is authorized share capital and paid-up capital of Sri Balasubramania Mills Limited?

    The authorized share capital of Sri Balasubramania Mills Limited is ₹ 5.00 M and paid-up capital is ₹ 3.84 M.

  • Who are the current board members & directors of Sri Balasubramania Mills Limited?

    Currently 4 directors are associated with Sri Balasubramania Mills Limited.

    • Arjun Balu
    • Sujani Balu
    • Sanjay Balu
    • Shanthini Balu

  • What is the registered address of Sri Balasubramania Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Balasubramania Mills Limited is 483, Kamaraj Road Uppilipalayam Post India, Coimbatore, Tamil Nadu, 641015.

  • What is the corporate identification number (CIN) and company number of Sri Balasubramania Mills Limited?

    The corporate identification number (CIN) of Sri Balasubramania Mills Limited is U17111TZ1934PLC000174 and the company number is 000174 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sri Balasubramania Mills Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sri Balasubramania Mills Limited has risen by 5.96%.

  • How many employees does Sri Balasubramania Mills Limited currently have?

    As Per 2023 financial reports, 33 employees are currently employed by Sri Balasubramania Mills Limited.

  • What change has been observed in the net worth of Sri Balasubramania Mills Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sri Balasubramania Mills Limited has experienced an upsurge of 9.30%.

  • What are the total open charges for Sri Balasubramania Mills Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sri Balasubramania Mills Limited amount to ₹ 25.46 Cr.

  • When was the last Balance Sheet of Sri Balasubramania Mills Limited filed with the ROC?

    The most recent Balance Sheet for Sri Balasubramania Mills Limited was filed with the ROC on 31 Mar 2023.

People also Viewed