Sri Sowdeswari Mills Private Limited

Sri Sowdeswari Mills Private Limited

Manufactures yarn from cotton and operates spinning, processing, and ginning mills.
1991 | Salem, Tamil Nadu (India) | Active

Last Updated:

November 15, 2024
HomeCompanySri Sowdeswari Mills Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Arthanari Saravanan InManaging Director20-Aug-1991Current

Board Members(4)

NameDesignationAppointment DateStatus
Sowndarya Saravanan In Director 07-Aug-2018Current
Ramasamychettiar Chockalingam In Director 20-Aug-1991Current
Nagamani Saravanan In Director 01-Apr-2014Current
Saravanan Kowsika In Director 24-May-2022Current

Financial Performance of Sri Sowdeswari Mills.

Sri Sowdeswari Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.61% decrease. The company also saw a substantial fall in profitability, with a 222.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.03%.

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
-1.61%
Revenue from Operations
-1.79%
Total Assets
-0.58%
Profit or Loss
-222.64%
Net Worth
-39.03%
EBITDA
-90.79%

Charges (Loans)

Open Charges Satisfied Charges

₹13.10 Cr

₹8.48 Cr

LenderAmountStatus

City Union Bank Limited

Creation Date: 20 Nov 2009
₹11.70 CrOpen

The Lakshmi Vilas Bank Limited

Creation Date: 12 Jul 2004
₹1.40 CrOpen

City Union Bank Limited

Creation Date: 16 Feb 2012
₹3.75 CrSatisfied

How Many Employees Work at Sri Sowdeswari Mills?

Sri Sowdeswari Mills has a workforce of 82 employees as of Mar 29, 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 Sowdeswari Mills

Recent activity within the organization

  • Annual General Meeting

    Sri Sowdeswari Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sri Sowdeswari Mills 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 City Union Bank Limited of Rs. 11.70 Cr registered on 20 Nov 2009 with Charge ID 10191020 was modified on 06 Jan 2023.

    06 Jan 2023

  • Director Appointment

    Saravanan Kowsika was appointed as a Director was appointed as a Director on 24 May 2022 & has been associated with this company since 2 years 7 months .

    24 May 2022

  • Charges

    A charge registered on 16 Feb 2012 via Charge ID 10341783 with City Union Bank Limited was fully satisfied on 28 Feb 2019.

    28 Feb 2019

  • Director Appointment

    Sowndarya Saravanan was appointed as a Director was appointed as a Director on 07 Aug 2018 & has been associated with this company since 6 years 4 months .

    07 Aug 2018

Frequently asked questions

  • Sri Sowdeswari Mills Private Limited was incorporated on 20 Aug 1991.

  • The authorized share capital of Sri Sowdeswari Mills Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 7.50 M.

  • Currently 5 directors are associated with Sri Sowdeswari Mills Private Limited.

    • Arthanari Saravanan
    • Ramasamychettiar Chockalingam
    • Nagamani Saravanan
    • Sowndarya Saravanan
    • Saravanan Kowsika
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Sowdeswari Mills Private Limited is No.396/1A Soorapalli Village Door No 15-148, Near Kattampatty India, Jalakandapuram, Tamil Nadu, 636501.

  • The corporate identification number (CIN) of Sri Sowdeswari Mills Private Limited is U17115TZ1991PTC003398 and the company number is 003398 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Sowdeswari Mills Private Limited has fallen by -1.61%.

  • As Per 2023 financial reports, 82 employees are currently employed by Sri Sowdeswari Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Sowdeswari Mills Private Limited has experienced an downturn of -39.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Sowdeswari Mills Private Limited amount to ₹ 13.10 Cr.

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

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