Sri Palani Murugan Enterprises Limited

Manufacturer of cotton yarn and construction services for various infrastructural and civil engineering projects.

1997 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 29, 2024

Sri Palani Murugan Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 6.30 M
  • Paid Up Capital ₹ 6.00 M
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 104.20 Cr
  • Revenue Growth -13.20%
  • Profit Growth 272.44%
  • Ebitda 61.17%
  • Net Worth -94.84%
  • Total Assets -24.69%

About Sri Palani Murugan Enterprises

Sri Palani Murugan Enterprises Limited (SPMEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 July 1997 and has a history of 27 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 6.30 M and a paid-up capital of Rs 6.00 M.

The company has closed loans amounting to ₹104.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ramasamy Santhamani, Govindaswamy Ramaswamy, Kannappan Ellanghovan, and One other member 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

    U17111TZ1997PLC008012

  • Company No.

    008012

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Sri Palani Murugan Enterprises?

Board Members (4)

NameDesignationAppointment DateStatus
Ramasamy Ashyanth Country flag representing In Director 11-Mar-2002Current
Ramasamy Santhamani Country flag representing In Director 27-Mar-2017Current
Govindaswamy Ramaswamy Country flag representing In Director 27-Mar-2017Current
Kannappan Ellanghovan Country flag representing In Director 10-Apr-2017Current

Financial Performance of Sri Palani Murugan Enterprises.

Sri Palani Murugan Enterprises Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 13.2% decrease. The company also saw a substantial improvement in profitability, with a 272.44% increase in profit. The company's net worth observed a substantial decline by a decrease of 94.84%.

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
-13.20%
Revenue from Operations
-88.42%
Total Assets
-24.69%
Profit or Loss
272.44%
Net Worth
-94.84%
EBITDA
61.17%

What is the Ownership and Shareholding Structure of Sri Palani Murugan Enterprises?

In 2021, Sri Palani Murugan Enterprises had a promoter holding of 72.17% and a public holding of 27.83%. 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

₹0

Satisfied Charges

₹1,042.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 56.98 Cr
  • Bank Of Baroda : 19.27 Cr
  • State Bank Of Trivancore : 11.52 Cr
  • State Bank Of Travencore : 11.52 Cr
  • Corporation Bank : 4.91 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jan 2013State Bank Of Travancore₹2.56 CrSatisfied
27 Mar 2008State Bank Of Travancore₹35.48 CrSatisfied
18 Feb 2008State Bank Of Travancore₹9.40 CrSatisfied
11 Feb 2008Corporation Bank₹4.91 CrSatisfied
03 Aug 2003State Bank Of Trivancore₹11.52 CrSatisfied

How Many Employees Work at Sri Palani Murugan Enterprises?

Sri Palani Murugan Enterprises has a workforce of 52 employees as of Mar 31, 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 Palani Murugan Enterprises, 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 Palani Murugan Enterprises'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 Palani Murugan Enterprises

Recent activity within the organization

  • Annual General Meeting

    Sri Palani Murugan Enterprises Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sri Palani Murugan Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 03 Aug 2003 via Charge ID 80002493 with Bank Of Baroda was fully satisfied on 14 Oct 2020.

    14 Oct 2020

  • Charges

    A charge registered on 03 Aug 2003 via Charge ID 80002500 with Bank Of Baroda was fully satisfied on 14 Oct 2020.

    14 Oct 2020

  • Charges

    A charge registered on 03 Aug 2003 via Charge ID 80002497 with Bank Of Baroda was fully satisfied on 14 Oct 2020.

    14 Oct 2020

  • Charges

    A charge registered on 28 Jan 2013 via Charge ID 10404814 with State Bank Of Travancore was fully satisfied on 30 Sep 2020.

    30 Sep 2020

Frequently asked questions

  • Sri Palani Murugan Enterprises Limited was incorporated on 02 Jul 1997.

  • The authorized share capital of Sri Palani Murugan Enterprises Limited is ₹ 6.30 M and paid-up capital is ₹ 6.00 M.

  • Currently 4 directors are associated with Sri Palani Murugan Enterprises Limited.

    • Ramasamy Santhamani
    • Govindaswamy Naidu Ramaswamy
    • Kannappan Ellanghovan
    • Ramasamy Ashyanth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Palani Murugan Enterprises Limited is 126Arts College Road India, Coimbatore, Tamil Nadu, 641018.

  • The corporate identification number (CIN) of Sri Palani Murugan Enterprises Limited is U17111TZ1997PLC008012 and the company number is 008012 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sri Palani Murugan Enterprises Limited has fallen by -13.20%.

  • As Per 2021 financial reports, 52 employees are currently employed by Sri Palani Murugan Enterprises Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sri Palani Murugan Enterprises Limited has experienced an downturn of -94.84%.

  • The most recent Balance Sheet for Sri Palani Murugan Enterprises Limited was filed with the ROC on 31 Mar 2023.

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