Sri Kannapiran Mills Limited

Manufacturer of a variety of high-quality yarns, including cotton/polyester blends, for domestic and international markets.

1946 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Sri Kannapiran Mills Profile

Key Indicators

  • Authorised Capital ₹ 33.00 Cr
  • Paid Up Capital ₹ 5.42 Cr
  • Company Age 78 Year, 10 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 ten 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

Manufacturing

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.

Company report

Sri Kannapiran Mills Limited

Explore comprehensive data for Sri Kannapiran Mills Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sri Kannapiran Mills?

Executive Team (4)

NameDesignationAppointment DateStatus
Balakrishnan Srihari Country flag representing In Managing Director31-Jan-2004Current
Krishnakumar Gurusamy Country flag representing In CFO26-May-2014Current
Kinatinkara Jayaraj Country flag representing In Company Secretary01-Mar-2020Current
Balakrishnan Sriramulu Country flag representing In Managing Director31-Jan-2004Current

Board Members (8)

NameDesignationAppointment DateStatus
Ramasubbu Seenivasahan Country flag representing In Whole-Time Director 02-Feb-2021Current
Kokku Murthy Country flag representing In Director 27-Mar-2017Current
Vanithamani Country flag representing In Whole-Time Director 01-Oct-2020Current
Vidyasankar Bhuvaneshwari Country flag representing In Director 18-May-2022Current
Gobichettipalayam Muniappan Country flag representing In Director 19-Feb-2022Current
Bakthavathsalam Country flag representing In Director 27-Dec-1991Current

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%.

Sri Kannapiran Mills revenue growth over time
Sri Kannapiran 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
0.06%
Revenue from Operations
-0.64%
Total Assets
-3.05%
Profit or Loss
-74.91%
Net Worth
5.85%
EBITDA
-59.51%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹468.67 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
25 Oct 2023Indian Bank₹15.00 CrOpen
30 May 2023Others₹20.65 CrOpen
04 Aug 2022Others₹26.28 CrOpen
16 May 2022Indian Bank₹202.13 CrOpen
21 Apr 2022Others₹0.97 MOpen

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.

Employee growth trends for Sri Kannapiran Mills Limited

Deals i

Graph showing company valuation over time

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

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 Kannapiran Mills

Recent activity within the organization

  • Charges

    A charge with Indian Bank of Rs. 202.13 Cr registered on 16 May 2022 with Charge ID 100572696 was modified on 25 Mar 2024.

  • Charges

    A charge with Indian Bank amounted to Rs. 15.00 Cr with Charge ID 100810061 was registered on 25 Oct 2023.

  • Annual General Meeting

    Sri Kannapiran Mills Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 20.65 Cr with Charge ID 100728967 was registered on 30 May 2023.

  • Charges

    A charge with Others of Rs. 20.65 Cr registered on 30 May 2023 with Charge ID 100728967 was modified on 30 May 2023.

  • Charges

    A charge registered on 30 Apr 2020 via Charge ID 100337352 with Others was fully satisfied on 03 May 2023.

Frequently asked questions

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

    Sri Kannapiran Mills Limited was incorporated on 02 Jul 1946.

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

    The authorized share capital of Sri Kannapiran Mills Limited is ₹ 33.00 Cr and paid-up capital is ₹ 5.42 Cr.

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

    Currently 12 directors are associated with Sri Kannapiran Mills Limited.

    • Balakrishnan Srihari
    • Vanithamani
    • Kokku Bhaskara Nagendra Murthy
    • Vidyasankar Bhuvaneshwari
    • Ramasubbu Seenivasahan
    • Kinatinkara Jayaraj
    • Krishnakumar Gurusamy
    • Gobichettipalayam Periasamy Muniappan
    • Bakthavathsalam
    • Balakrishnan Sriramulu
    • Ayyalusamy Velusamy
    • Govindaswamynaidu Balakrishnan

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Kannapiran Mills Limited is Post Bag No 1 Sowripalayam India, Coimbatore, Tamil Nadu, 641028.

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

    The corporate identification number (CIN) of Sri Kannapiran Mills Limited is U17111TZ1946PLC000188 and the company number is 000188 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sri Kannapiran Mills Limited?

    The Official website of Sri Kannapiran Mills Limited is https://www.kannapiran.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Sri Kannapiran Mills Limited has risen by 0.06%.

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

    As Per 2023 financial reports, 903 employees are currently employed by Sri Kannapiran Mills Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Sri Kannapiran Mills Limited has experienced an upsurge of 5.85%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Sri Kannapiran Mills Limited amount to ₹ 468.67 Cr.

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

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

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