Sri Varadaraja Textiles Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 24-10-2024
- Paid Up Capital ₹ 2.00 M
as on 24-10-2024
- Company Age 72 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 37.78 Cr
as on 24-10-2024
- Satisfied Charges ₹ 7.88 Cr
as on 24-10-2024
- Revenue 0.75%
(FY 2023)
- Profit -117.15%
(FY 2023)
- Ebitda -73.68%
(FY 2023)
- Net Worth -4.13%
(FY 2023)
- Total Assets -17.46%
(FY 2023)
About Sri Varadaraja Textiles
The Corporate was formerly known as Sri Varadaraja Textiles 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 5.00 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹37.78 Cr. The company has closed loans amounting to ₹7.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
Doraiswamynaidu Krishnamurthy, Sudharshini Varadaraj, Varadarajan Krishnaveni, and Three other members serve as directors at the Company.
- CIN/LLPIN
U17111TZ1952PTC000176
- Company No.
000176
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Feb 1952
- 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 Varadaraja Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sathyanarayanan Sapitiyar  | Managing Director | 10-Jun-2022 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Doraiswamynaidu Krishnamurthy | Director | 11-Mar-1973 | Current |
| Sudharshini Varadaraj | Director | 06-Dec-2006 | Current |
| Varadarajan Krishnaveni | Director | 19-Nov-1999 | Current |
| Rajan Sekar | Director | 18-Jan-2023 | Current |
| Krishnaswamy Ragupathy | Director | 25-May-2023 | Current |
Financial Performance of Sri Varadaraja Textiles.
Sri Varadaraja Textiles Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.75% increase. The company also saw a substantial fall in profitability, with a 117.15% decrease in profit. The company's net worth dipped by a decrease of 4.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sri Varadaraja Textiles?
In 2023, Sri Varadaraja Textiles had a promoter holding of 99.51% and a public holding of 0.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Teplar Solutions Private LimitedActive 7 years 9 monthsSathyanarayanan Sapitiyar is a mutual person
Sri Kumaran Mills Private LimitedActive 89 years 1 monthDoraiswamynaidu Krishnamurthy is a mutual person
- G V D Textiles Private LimitedActive 41 years 2 months
Doraiswamynaidu Krishnamurthy and Varadarajan Krishnaveni are mutual person
- Hi Life Tapes Private LimitedActive 41 years 8 months
Doraiswamynaidu Krishnamurthy is a mutual person
- Kumaran Green Energy Private LimitedActive 1 year 8 months
Doraiswamynaidu Krishnamurthy is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 23 Feb 2024 | ₹19.63 Cr | Open |
Others Creation Date: 28 Mar 2001 | ₹18.15 Cr | Open |
Allahabad Bank Creation Date: 22 Nov 2012 | ₹5.60 Cr | Satisfied |
How Many Employees Work at Sri Varadaraja Textiles?
Sri Varadaraja Textiles has a workforce of 226 employees as of Mar 30, 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 Varadaraja Textiles, 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 Varadaraja Textiles'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.
