Sri Lakshmi Saraswathi Textiles(Arni) Limited

Produces and exports various types of yarn for textile manufacturing.

1964 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Sri Lakshmi Saraswathi Textiles(Arni) Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 3.33 Cr
  • Company Age 60 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 42.87 Cr
  • Satisfied Charges ₹ 30.74 Cr
  • Revenue Growth 0.95%
  • Profit Growth -554.78%
  • Ebitda -290.25%
  • Net Worth -255.61%
  • Total Assets 3.87%

About Sri Lakshmi Saraswathi Textiles(Arni)

Sri Lakshmi Saraswathi Textiles(Arni) Limited (SLSTL) was founded in India on 02 May 1964 and has a glorious history of 60 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521161.

The Corporate was formerly known as Sri Lakshmi Saraswathi Textiles(Arni) 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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 3.33 Cr.

The company currently has active open charges totaling ₹42.87 Cr. The company has closed loans amounting to ₹30.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sri Lakshmi Saraswathi Textiles(Arni) Limited India are Balakrishna S as Ceo, Rpadmanaban as Cfo, and Jitendra Pal as Company Secretary. Balakrishna Srihari, Padmanaban Raghuraman, Sivarani, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    slstindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17111TN1964PLC005183

  • Company No.

    005183

  • Stock Symbol

    BSE : 521161

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 May 1964

  • Date of AGM

    17 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Sri Lakshmi Saraswathi Textiles(Arni)?

Executive Team (4)

NameDesignationAppointment DateStatus
Balakrishna Srihari Country flag representing In Managing Director20-Sep-1986Current
Balakrishna S Country flag representing In CEO01-Apr-2015Current
Rpadmanaban Country flag representing In CFO09-Feb-2016Current
Jitendra Pal Country flag representing In Company Secretary29-Apr-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Padmanaban Raghuraman Country flag representing In Whole-Time Director and Cfo 01-Apr-2014Current
Sivarani Country flag representing In Director 02-Mar-2016Current
Sriramagiri Sridhararao Country flag representing In Director 01-Feb-2022Current
Umaa Sharvani Country flag representing In Director 26-Jun-2024Current

Financial Performance of Sri Lakshmi Saraswathi Textiles(Arni).

Sri Lakshmi Saraswathi Textiles(Arni) Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.95% increase. The company also saw a substantial fall in profitability, with a 554.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 255.61%.

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
0.95%
Revenue from Operations
0.60%
Total Assets
3.87%
Profit or Loss
-554.78%
Net Worth
-255.61%
EBITDA
-290.25%

What is the Ownership and Shareholding Structure of Sri Lakshmi Saraswathi Textiles(Arni)?

In 2023, Sri Lakshmi Saraswathi Textiles(Arni) had a promoter holding of 55.09% and a public holding of 44.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.87 Cr

Satisfied Charges

₹30.74 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 31.75 Cr
  • Others : 8.12 Cr
  • State Bank Of India : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jul 2024Others₹5.12 CrOpen
29 Jun 2024Indian Overseas Bank₹11.50 CrOpen
07 Sep 2022Indian Overseas Bank₹3.52 CrOpen
02 Jan 2020Others₹3.00 CrOpen
08 Sep 2017Indian Overseas Bank₹2.27 MOpen

How Many Employees Work at Sri Lakshmi Saraswathi Textiles(Arni)?

Sri Lakshmi Saraswathi Textiles(Arni) has a workforce of 318 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 Lakshmi Saraswathi Textiles(Arni), 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 Lakshmi Saraswathi Textiles(Arni)'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 Lakshmi Saraswathi Textiles(Arni)

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 5.12 Cr with Charge ID 100963929 was registered on 31 Jul 2024.

    31 Jul 2024

  • Annual General Meeting

    Sri Lakshmi Saraswathi Textiles(Arni) Limited last Annual general meeting of members was held on 17 Jul 2024 as per latest MCA records.

    17 Jul 2024

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 11.50 Cr with Charge ID 100951279 was registered on 29 Jun 2024.

    29 Jun 2024

  • Director Appointment

    Umaa Sharvani was appointed as a Director was appointed as a Director on 26 Jun 2024 & has been associated with this company since 7 months 29 days .

    26 Jun 2024

  • Balance Sheet

    Sri Lakshmi Saraswathi Textiles(Arni) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Indian Overseas Bank of Rs. 15.00 Cr registered on 14 Dec 1994 with Charge ID 90287331 was modified on 18 Jul 2023.

    18 Jul 2023

Frequently asked questions

  • Sri Lakshmi Saraswathi Textiles(Arni) Limited was incorporated on 02 May 1964.

  • The authorized share capital of Sri Lakshmi Saraswathi Textiles(Arni) Limited is ₹ 20.00 Cr and paid-up capital is ₹ 3.33 Cr.

  • Currently 8 directors are associated with Sri Lakshmi Saraswathi Textiles(Arni) Limited.

    • Balakrishna Srihari
    • Padmanaban Raghuraman
    • Sivarani
    • Sriramagiri Sridhararao
    • Umaa Sharvani
    • Balakrishna S
    • RPadmanaban
    • Jitendra Kumar Pal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Lakshmi Saraswathi Textiles(Arni) Limited is 16 Krishnama Road, Nungambakkam India, Chennai, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of Sri Lakshmi Saraswathi Textiles(Arni) Limited is L17111TN1964PLC005183 and the company number is 005183 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sri Lakshmi Saraswathi Textiles(Arni) Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Sri Lakshmi Saraswathi Textiles(Arni) Limited is https://www.slstindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Lakshmi Saraswathi Textiles(Arni) Limited has risen by 0.95%.

  • As Per 2023 financial reports, 318 employees are currently employed by Sri Lakshmi Saraswathi Textiles(Arni) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Lakshmi Saraswathi Textiles(Arni) Limited has experienced an downturn of -255.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Lakshmi Saraswathi Textiles(Arni) Limited amount to ₹ 42.87 Cr.

  • The most recent Balance Sheet for Sri Lakshmi Saraswathi Textiles(Arni) Limited was filed with the ROC on 31 Mar 2024.

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