Sri Shanmugavel Mills Private Limited logo

Sri Shanmugavel Mills Private Limited

Leading textile company with spinning, weaving, and windmill divisions, also producing home textiles.
1980 | Coimbatore, Tamil Nadu (India) | Active

Last Updated:

June 27, 2024
HomeCompanySri Shanmugavel Mills Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kandaswamy Shanmugavel InManaging Director11-Oct-1999Current

Board Members(2)

NameDesignationAppointment DateStatus
Shanmugavel Siddarth In Whole-Time Director 03-Mar-2023Current
Shanmugavel Veenaabirami In Whole-Time Director 01-Jun-2022Current

Financial Performance of Sri Shanmugavel Mills.

Sri Shanmugavel Mills Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 7.77% decrease. The company also saw a substantial improvement in profitability, with a 56.93% increase in profit. The company's net worth Soared by an impressive increase of 10.71%.

Revenue Growth Graph
Profit Loss Graph
  • 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
-7.77%
Revenue from Operations
-8.10%
Total Assets
13.88%
Profit or Loss
56.93%
Net Worth
10.71%
EBITDA
62.43%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹764.34 Cr

₹778.26 Cr

LenderAmountStatus

Canara Bank

Creation Date: 16 Mar 2023
₹111.69 CrOpen

State Bank Of India

Creation Date: 14 Nov 2022
₹199.95 CrOpen

Axis Bank Limited

Creation Date: 20 Oct 2022
₹140.00 CrOpen

How Many Employees Work at Sri Shanmugavel Mills?

Sri Shanmugavel Mills has a workforce of 2807 employees as of Apr 08, 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 Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Sri Shanmugavel Mills

Recent activity within the organization

  • Annual General Meeting

    Sri Shanmugavel Mills Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 199.95 Cr registered on 14 Nov 2022 with Charge ID 100662855 was modified on 15 Sep 2023.

    15 Sep 2023

  • Balance Sheet

    Sri Shanmugavel Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 140.00 Cr registered on 20 Oct 2022 with Charge ID 100641865 was modified on 20 Mar 2023.

    20 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 111.69 Cr with Charge ID 100711338 was registered on 16 Mar 2023.

    16 Mar 2023

  • Director Appointment

    Shanmugavel Sriram Siddarth was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Mar 2023 & has been associated with this company since 1 year 9 months .

    03 Mar 2023

Frequently asked questions

  • Sri Shanmugavel Mills Private Limited was incorporated on 24 Apr 1980.

  • The authorized share capital of Sri Shanmugavel Mills Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.47 Cr.

  • Currently 3 directors are associated with Sri Shanmugavel Mills Private Limited.

    • Shanmugavel Sriram Siddarth
    • Shanmugavel Veenaabirami
    • Kandaswamy Shanmugavel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Shanmugavel Mills Private Limited is 207Mangalam Road, Tirupur, Coimbatore Dist, Tamil Nadu, India, 641604.

  • The corporate identification number (CIN) of Sri Shanmugavel Mills Private Limited is U17111TZ1980PTC000935 and the company number is 000935 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sri Shanmugavel Mills Private Limited has fallen by -7.77%.

  • As Per 2021 financial reports, 2807 employees are currently employed by Sri Shanmugavel Mills Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sri Shanmugavel Mills Private Limited has experienced an upsurge of 10.71%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Sri Shanmugavel Mills Private Limited amount to ₹ 764.34 Cr.

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

Similar Companies Based on Textile & Fabric Production