Sri Desikanathar Textiles Private Limited

Textile company manufacturing and exporting premium range of fabrics with various certifications.

1992 | Sivaganga, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Sri Desikanathar Textiles Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 49.30 Cr
  • Satisfied Charges ₹ 20.34 Cr
  • Revenue Growth -27.80%
  • Profit Growth -89.94%
  • Ebitda -36.26%
  • Net Worth 0.26%
  • Total Assets 5.29%

About Sri Desikanathar Textiles

Sri Desikanathar Textiles Private Limited (SDTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 February 1992 and has a history of 32 years and 11 months. Its registered office is in Sivaganga, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹49.30 Cr. The company has closed loans amounting to ₹20.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nachiappan Kasi, Kasi Muthiah, and Kasi Nachiappan serve as directors at the Company.

Company Details

  • Location

    Sivaganga, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sridesikanathar.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1992PTC022232

  • Company No.

    022232

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Sri Desikanathar Textiles Private Limited offer?

Sri Desikanathar Textiles Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Natural Fabric, Cotton Textile, Fabric, Synthetic Fabric, Cotton Fabric, Organic Cotton Fabric.

Who are the key members and board of directors at Sri Desikanathar Textiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Nachiappan Kasi Country flag representing In Managing Director21-Aug-1996Current

Board Members (2)

NameDesignationAppointment DateStatus
Kasi Muthiah Country flag representing In Director 14-May-2021Current
Kasi Nachiappan Country flag representing In Director 15-Apr-1992Current

Financial Performance of Sri Desikanathar Textiles.

Sri Desikanathar Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.8% decrease. The company also saw a substantial fall in profitability, with a 89.94% decrease in profit. The company's net worth moved up by a moderate rise of 0.26%.

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
-27.80%
Revenue from Operations
-27.95%
Total Assets
5.29%
Profit or Loss
-89.94%
Net Worth
0.26%
EBITDA
-36.26%

What is the Ownership and Shareholding Structure of Sri Desikanathar Textiles?

In 2023, Sri Desikanathar Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.30 Cr

Satisfied Charges

₹20.34 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 49.27 Cr
  • The Investment Trust Of India Ltd. : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
08 Mar 2017Hdfc Bank Limited₹49.27 CrOpen
27 Jan 1997The Investment Trust Of India Ltd.₹0.31 MOpen
09 Mar 2011Tamilnadu Industrial Investment Corporation Limited₹2.35 CrSatisfied
05 Apr 2010Tamilnadu Industrial Investment Corporation Limited₹2.25 CrSatisfied
28 Feb 2007Tamil Nadu Industrial Investment Corporation₹2.65 CrSatisfied

How Many Employees Work at Sri Desikanathar Textiles?

Sri Desikanathar Textiles has a workforce of 115 employees as of Apr 05, 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 Sri Desikanathar 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 Sri Desikanathar 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 Sri Desikanathar Textiles

Recent activity within the organization

  • Annual General Meeting

    Sri Desikanathar Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 49.27 Cr registered on 08 Mar 2017 with Charge ID 100115572 was modified on 01 Apr 2024.

    01 Apr 2024

  • Balance Sheet

    Sri Desikanathar Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Kasi Muthiah was appointed as a Director was appointed as a Director on 14 May 2021 & has been associated with this company since 3 years 9 months .

    14 May 2021

  • Charges

    A charge registered on 08 May 1997 via Charge ID 90282068 with Indian Overseas Bank was fully satisfied on 20 Jun 2017.

    20 Jun 2017

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 49.27 Cr with Charge ID 100115572 was registered on 08 Mar 2017.

    08 Mar 2017

Frequently asked questions

  • Sri Desikanathar Textiles Private Limited was incorporated on 24 Feb 1992.

  • The authorized share capital of Sri Desikanathar Textiles Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Sri Desikanathar Textiles Private Limited.

    • Nachiappan Kasi
    • Kasi Muthiah
    • Kasi Nachiappan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Desikanathar Textiles Private Limited is 83 - P. Rm. Street Sivagangai Pallathur, 630 107. India, Tamilnadu, Tamil Nadu, 630107.

  • The corporate identification number (CIN) of Sri Desikanathar Textiles Private Limited is U17111TN1992PTC022232 and the company number is 022232 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sri Desikanathar Textiles Private Limited is https://www.sridesikanathar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Desikanathar Textiles Private Limited has fallen by -27.80%.

  • As Per 2023 financial reports, 115 employees are currently employed by Sri Desikanathar Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Desikanathar Textiles Private Limited has experienced an upsurge of 0.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Desikanathar Textiles Private Limited amount to ₹ 49.30 Cr.

  • The most recent Balance Sheet for Sri Desikanathar Textiles Private Limited was filed with the ROC on 31 Mar 2024.

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