Sri Shanmugavel Mills Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 29-12-2024
- Paid Up Capital ₹ 1.47 Cr
as on 29-12-2024
- Company Age 44 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 788.28 Cr
as on 29-12-2024
- Satisfied Charges ₹ 778.26 Cr
as on 29-12-2024
- Revenue -7.77%
(FY 2021)
- Profit 56.93%
(FY 2021)
- Ebitda 62.43%
(FY 2021)
- Net Worth 10.71%
(FY 2021)
- Total Assets 13.88%
(FY 2021)
About Sri Shanmugavel Mills
The Corporate was formerly known as Sri Shanmugavel Mills 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 1.47 Cr.
The company currently has active open charges totaling ₹788.28 Cr. The company has closed loans amounting to ₹778.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kandaswamy Shanmugavel, Shanmugavel Veenaabirami, Shanmugavel Siddarth, and Two other members serve as directors at the Company.
- CIN/LLPIN
U17111TZ1980PTC000935
- Company No.
000935
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Apr 1980
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Sri Shanmugavel Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kandaswamy Shanmugavel  | Managing Director | 11-Oct-1999 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shanmugavel Veenaabirami | Whole-Time Director | 01-Jun-2022 | Current |
| Shanmugavel Siddarth | Whole-Time Director | 03-Mar-2023 | Current |
| Shakthivel Mukund | Whole-Time Director | 01-Jun-2024 | Current |
| Karuppasamy Krishnan | Director | 29-Aug-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sri Shanmugavel Mills?
In 2021, Sri Shanmugavel Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tdc Agro Foods Private LimitedActive 4 years 5 monthsKandaswamy Shanmugavel and Shanmugavel Veenaabirami are mutual person
- Be One Textiles Private LimitedActive 2 years 7 months
Kandaswamy Shanmugavel, Shanmugavel Veenaabirami and 1 more are mutual person
- Recol Paints Private LimitedActive 1 year 6 months
Kandaswamy Shanmugavel, Shanmugavel Veenaabirami and 1 more are mutual person
- Renergy Equipments India Private LimitedActive 17 years 3 months
Kandaswamy Shanmugavel is a mutual person
- Ssmiet Foundation For IncubationActive 6 months 11 days
Kandaswamy Shanmugavel and Shanmugavel Siddarth are mutual person
Charges (Loans)
₹788.28 Cr
₹778.26 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 512.65 Cr
- Canara Bank : 184.63 Cr
- Axis Bank Limited : 91.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2024 | Canara Bank | ₹72.94 Cr | Open |
| 16 Mar 2023 | Canara Bank | ₹111.69 Cr | Open |
| 14 Nov 2022 | State Bank Of India | ₹199.95 Cr | Open |
| 20 Oct 2022 | Axis Bank Limited | ₹91.00 Cr | Open |
| 20 Mar 2015 | State Bank Of India | ₹272.70 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sri Shanmugavel 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 Shanmugavel 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.
