Sri Kannapiran Mills Profile
Key Indicators
- Authorised Capital ₹ 33.00 Cr
- Paid Up Capital ₹ 5.42 Cr
- Company Age 78 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 468.67 Cr
- Satisfied Charges ₹ 304.31 Cr
- Revenue Growth 0.06%
- Profit Growth -74.91%
- Ebitda -59.51%
- Net Worth 5.85%
- Total Assets -3.05%
About Sri Kannapiran Mills
Sri Kannapiran Mills Limited (SKML) was founded in India on 02 July 1946 and has a glorious history of 78 years and seven 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 33.00 Cr and a paid-up capital of Rs 5.42 Cr.
The company currently has active open charges totaling ₹468.67 Cr. The company has closed loans amounting to ₹304.31 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sri Kannapiran Mills Limited India are Kinatinkara Jayaraj as COMPANY SECRETARY and Krishnakumar Gurusamy as Cfo. Balakrishnan Srihari, Vanithamani, Kokku Murthy, and Seven other members 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
U17111TZ1946PLC000188
- Company No.
000188
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Jul 1946
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
What products or services does Sri Kannapiran Mills Limited offer?
Sri Kannapiran Mills Limited offers a wide range of products and services, including Blankets & Quilts, Blankets, Yarns & Threads, Cotton Yarn, Yarn, Open End Yarn, Industrial Gloves, Safety Gloves, Spun Yarn, Combed Ring Spun Yarn.
Who are the key members and board of directors at Sri Kannapiran Mills?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balakrishnan Srihari  | Managing Director | 31-Jan-2004 | Current |
| Krishnakumar Gurusamy | CFO | 26-May-2014 | Current |
| Kinatinkara Jayaraj | Company Secretary | 01-Mar-2020 | Current |
| Balakrishnan Sriramulu | Managing Director | 31-Jan-2004 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramasubbu Seenivasahan | Whole-Time Director | 02-Feb-2021 | Current |
| Kokku Murthy | Director | 27-Mar-2017 | Current |
| Vanithamani | Whole-Time Director | 01-Oct-2020 | Current |
| Vidyasankar Bhuvaneshwari | Director | 18-May-2022 | Current |
| Gobichettipalayam Muniappan | Director | 19-Feb-2022 | Current |
| Bakthavathsalam | Director | 27-Dec-1991 | Current |
Financial Performance of Sri Kannapiran Mills.
Sri Kannapiran Mills Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.06% increase. The company also saw a substantial fall in profitability, with a 74.91% decrease in profit. The company's net worth moved up by a moderate rise of 5.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sri Kannapiran Mills?
In 2023, Sri Kannapiran Mills had a promoter holding of 85.04% and a public holding of 14.96%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shiva Texyarn LimitedVidyasankar Bhuvaneshwari is a mutual person
Productive Playhouse India Private LimitedBalakrishnan Srihari is a mutual person
Precot LimitedVidyasankar Bhuvaneshwari is a mutual person
Mouli Technologies LlpVidyasankar Bhuvaneshwari is a mutual person
Chansuba Pumps Private LimitedVidyasankar Bhuvaneshwari is a mutual person
K G Healthcare Private LimitedBakthavathsalam is a mutual person
Charges (Loans)
₹468.67 Cr
₹304.31 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 261.15 Cr
- Others : 158.27 Cr
- Hdfc Bank Limited : 38.58 Cr
- The South Indian Bank Limited : 10.67 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Oct 2023 | Indian Bank | ₹15.00 Cr | Open |
| 30 May 2023 | Others | ₹20.65 Cr | Open |
| 04 Aug 2022 | Others | ₹26.28 Cr | Open |
| 16 May 2022 | Indian Bank | ₹202.13 Cr | Open |
| 21 Apr 2022 | Others | ₹0.97 M | Open |
How Many Employees Work at Sri Kannapiran Mills?
Sri Kannapiran Mills has a workforce of 903 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sri Kannapiran 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 Kannapiran Mills's trajectory.
Rating
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
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.
