Sri Kannattal Mills Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 17-07-2024
- Paid Up Capital ₹ 0.97 Cr
as on 17-07-2024
- Company Age 44 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.11 Cr
as on 17-07-2024
- Satisfied Charges ₹ 5.19 Cr
as on 17-07-2024
- Revenue -10.29%
(FY 2023)
- Profit -88.58%
(FY 2023)
- Ebitda -48.58%
(FY 2023)
- Net Worth 2.75%
(FY 2023)
- Total Assets -0.51%
(FY 2023)
About Sri Kannattal Mills
The Corporate was formerly known as Sree Kannathal Textiles Private Limited. 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 1.50 Cr and a paid-up capital of Rs 0.97 Cr.
The company currently has active open charges totaling ₹11.11 Cr. The company has closed loans amounting to ₹5.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramanathan Somasundaram, Somasundaram Meenakshi, and Meenakshi Somasundaram serve as directors at the Company.
- CIN/LLPIN
U17110TN1980PTC008086
- Company No.
008086
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jan 1980
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Madurai-1., Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Sri Kannattal Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramanathan Somasundaram  | Managing Director | 18-Jan-1980 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Somasundaram Meenakshi | Director | 03-Feb-1989 | Current |
| Meenakshi Somasundaram | Director | 06-Dec-2018 | Current |
Financial Performance and Corporate Structure Insights of Sri Kannattal Mills.
Sri Kannattal Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.29% decrease. The company also saw a substantial fall in profitability, with a 88.58% decrease in profit. The company's net worth moved up by a moderate rise of 2.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sri Kannattal Mills?
In 2023, Sri Kannattal Mills had a promoter holding of 98.72% and a public holding of 1.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
J. Balabai & Co.Private Limited
Active 27 years 8 monthsRamanathan Somasundaram and Somasundaram Meenakshi are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Aparajita Finance Co Ltd Creation Date: 18 May 1995 | ₹1.60 M | Open |
Indian Overseas Bank Creation Date: 02 Feb 1994 | ₹9.66 Cr | Open |
Sundaram Fianance Ltd Creation Date: 24 Dec 1993 | ₹1.76 M | Open |
How Many Employees Work at Sri Kannattal Mills?
Sri Kannattal Mills has a workforce of 293 employees as of Apr 03, 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 Kannattal 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 Kannattal 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.
