Sri Sankari Yarns Private Limited

Sri Sankari Yarns Private Limited

Produces open-ended yarn for home furnishing products using waste cotton, with spinning mill and power generation.
2007 | Coimbatore, Tamil Nadu (India) | Active

Last Updated:

December 31, 2024
HomeCompanySri Sankari Yarns Private Limited

Who are the key members and board of directors at Sri Sankari Yarns?

Executive Team (1)

NameDesignationAppointment DateStatus
Shanmugasundaram Sudhan InManaging Director04-May-2007Current

Board Members(1)

NameDesignationAppointment DateStatus
Sudhan Kavitha In Whole-Time Director 04-May-2007Current

Financial Performance of Sri Sankari Yarns.

Sri Sankari Yarns Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.39% decrease. The company also saw a substantial fall in profitability, with a 61.25% decrease in profit. The company's net worth moved up by a moderate rise of 3.28%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-7.39%
Revenue from Operations
-7.21%
Total Assets
-0.38%
Profit or Loss
-61.25%
Net Worth
3.28%
EBITDA
-6.86%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹372.10 M

₹176.00 M

LenderAmountStatus

Axis Bank Limited

Creation Date: 28 Dec 2021
₹8.70 CrOpen

State Bank Of India

Creation Date: 29 Oct 2007
₹28.51 CrOpen

Others

Creation Date: 24 Oct 2014
₹10.00 CrSatisfied

How Many Employees Work at Sri Sankari Yarns?

Sri Sankari Yarns has a workforce of 445 employees as of Mar 22, 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.

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Latest Updates, News, and FAQs on Sri Sankari Yarns

Recent activity within the organization

  • Annual General Meeting

    Sri Sankari Yarns Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

    16 Sep 2024

  • Balance Sheet

    Sri Sankari Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 87.00 M registered on 28 Dec 2021 with Charge ID 100525837 was modified on 19 May 2022.

    19 May 2022

  • Charges

    A charge with State Bank Of India of Rs. 285.10 M registered on 29 Oct 2007 with Charge ID 10081405 was modified on 21 Jan 2022.

    21 Jan 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 87.00 M with Charge ID 100525837 was registered on 28 Dec 2021.

    28 Dec 2021

  • Charges

    A charge registered on 24 Oct 2011 via Charge ID 10313712 with Axis Bank Limited was fully satisfied on 01 Jul 2019.

    01 Jul 2019

Frequently asked questions

  • Sri Sankari Yarns Private Limited was incorporated on 04 May 2007.

  • The authorized share capital of Sri Sankari Yarns Private Limited is ₹ 9.50 M and paid-up capital is ₹ 9.50 M.

  • Currently 2 directors are associated with Sri Sankari Yarns Private Limited.

    • Shanmugasundaram Muthu Karthikeyan Sudhan
    • Sudhan Kavitha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Sankari Yarns Private Limited is No.48 (Old No.27) Kangayam Road Cotton Market India, Tirupur, Tamil Nadu, 641604.

  • The corporate identification number (CIN) of Sri Sankari Yarns Private Limited is U17111TZ2007PTC013690 and the company number is 013690 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sri Sankari Yarns Private Limited has fallen by -7.39%.

  • As Per 2021 financial reports, 445 employees are currently employed by Sri Sankari Yarns Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sri Sankari Yarns Private Limited has experienced an upsurge of 3.28%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Sri Sankari Yarns Private Limited amount to ₹ 37.21 Cr.

  • The most recent Balance Sheet for Sri Sankari Yarns Private Limited was filed with the ROC on 31 Mar 2024.

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