Sundaram Industries Private Limited

Manufactures industrial solid tires and offers recycled rubber constituents under 'Sildec' brand.

1943 | Madurai, Tamil Nadu (India) | Merged
Last Updated: January 18, 2025

Sundaram Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.52 Cr
  • Company Age 81 Year, 9 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 65.31 Cr
  • Revenue Growth -7.39%
  • Profit Growth -68.56%
  • Ebitda -48.21%
  • Net Worth 55.63%
  • Total Assets 51.57%

About Sundaram Industries

Sundaram Industries Private Limited (SIPL) is Amalgamated company established on 19 May 1943 with its office registered at Madurai, Tamil Nadu, India and has been running since 81 Year, 9 Months with a paid up capital of 2.52 Cr. According to MCA records, 10 Directors and 1 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    silrubberresources.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1943PTC002656

  • Company No.

    002656

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 May 1943

  • Date of AGM

    24 Sep 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Sundaram Industries Private Limited offer?

Sundaram Industries Private Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Crane Spare Parts, Door Lock, Electronic Lock & Latches, Padlock, Molded Rubber Products, Rubber Products, Rubber Mats, Rubber Floor Mats, Commercial Vehicle Tyres, TVS Tyres.

Who are the key members and board of directors at Sundaram Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Ramachandhran Naresh Country flag representing In Managing Director05-Dec-2015Current
Pritha Ratnam Country flag representing In Managing Director09-Jun-1995Current
Subramania Kunissery Company Secretary01-Jul-1991Current

Board Members (8)

NameDesignationAppointment DateStatus
Gopal Srinivasan Country flag representing In Director 31-Aug-1979Current
Santhanam Ram Country flag representing In Director 14-Jun-1972Current
Srinath Rajam Country flag representing In Director 16-Mar-1983Current
Santhanam Viji Country flag representing In Director 30-Nov-1978Current
Shobhana Ramachandhran Country flag representing In Director 14-Dec-1988Current
Ramachandhran Haresh Country flag representing In Director 05-Mar-1991Current

Financial Performance of Sundaram Industries.

Sundaram Industries 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 68.56% decrease in profit. The company's net worth Soared by an impressive increase of 55.63%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-7.39%
Revenue from Operations
-2.46%
Total Assets
51.57%
Profit or Loss
-68.56%
Net Worth
55.63%
EBITDA
-48.21%

What is the Ownership and Shareholding Structure of Sundaram Industries?

In 2021, Sundaram Industries had a promoter holding of 56.67% and a public holding of 43.33%. The company had 4 Subsidiaries, 1 Joint Venture and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹65.31 Cr

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 20.00 Cr
  • Canara Bank : 17.50 Cr
  • State Bank Of India : 17.43 Cr
  • Hdfc Bank Limited : 4.00 Cr
  • The Federal Bank Limited : 2.65 Cr
  • Others : 3.73 Cr

Latest Charge Details

DateLenderAmountStatus
19 Oct 2011The Karur Vysya Bank Limited₹1.00 CrSatisfied
02 Sep 2011The Karur Vysya Bank Limited₹4.00 CrSatisfied
10 Dec 2010The Karur Vysya Bank Limited₹8.00 CrSatisfied
30 Jun 2010The Karur Vysya Bank Limited₹7.00 CrSatisfied
28 Apr 2010Hdfc Bank Limited₹4.00 CrSatisfied

How Many Employees Work at Sundaram Industries?

Sundaram Industries has a workforce of 1940 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sundaram Industries, 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 Sundaram Industries's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Sundaram Industries

Recent activity within the organization

  • Annual General Meeting

    Sundaram Industries Private Limited last Annual general meeting of members was held on 24 Sep 2021 as per latest MCA records.

    24 Sep 2021

  • Charges

    A charge registered on 24 Mar 2001 via Charge ID 90297887 with Ford India Ltd. was fully satisfied on 19 Aug 2021.

    19 Aug 2021

  • Balance Sheet

    Sundaram Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

    31 Mar 2021

  • Director Appointment

    Ramachandhran Naresh was appointed as a Managing Director was appointed as a Managing Director on 05 Dec 2015 & has been associated with this company since 9 years 2 months .

    05 Dec 2015

  • Charges

    A charge registered on 10 Dec 2010 via Charge ID 10257307 with The Karur Vysya Bank Limited was fully satisfied on 10 Jun 2015.

    10 Jun 2015

  • Charges

    A charge registered on 19 Oct 2011 via Charge ID 10315740 with The Karur Vysya Bank Limited was fully satisfied on 11 Nov 2014.

    11 Nov 2014

Frequently asked questions

  • Sundaram Industries Private Limited was incorporated on 19 May 1943.

  • The authorized share capital of Sundaram Industries Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.52 Cr.

  • Currently 11 directors are associated with Sundaram Industries Private Limited.

    • Santhanam Ram
    • Srinath Ratnam Rajam
    • Santhanam Viji
    • Gopal Srinivasan
    • Ramachandhran Naresh
    • Shobhana Ramachandhran
    • Ramachandhran Haresh
    • Pritha Ratnam
    • Krishna Mahesh
    • Nicholas Sundaram Sridharan
    • Subramania Iyer Viswanathan Kunissery
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sundaram Industries Private Limited is T V S Building7 B West Veli Street India, Madurai, Tamil Nadu, 625001.

  • The corporate identification number (CIN) of Sundaram Industries Private Limited is U65991TN1943PTC002656 and the company number is 002656 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sundaram Industries Private Limited is https://www.silrubberresources.com

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

  • As Per 2021 financial reports, 1940 employees are currently employed by Sundaram Industries Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sundaram Industries Private Limited has experienced an upsurge of 55.63%.

  • The most recent Balance Sheet for Sundaram Industries Private Limited was filed with the ROC on 31 Mar 2021.

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