Suryalata Spinning Mills Limited

This company manufactures a variety of synthetic yarns and exports them to various countries.

1983 | Hyderabad, Telangana (India) | Active
Last Updated:

Suryalata Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 4.27 Cr
  • Company Age 41 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 190.90 Cr
  • Satisfied Charges ₹ 308.43 Cr
  • Revenue Growth 0.22%
  • Profit Growth -35.01%
  • Ebitda -28.20%
  • Net Worth 15.81%
  • Total Assets 5.70%

About Suryalata Spinning Mills

Suryalata Spinning Mills Limited (SSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 May 1983 and has a history of 41 years and ten months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514138.

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 2024. It's a company limited by shares with an authorized capital of Rs 17.00 Cr and a paid-up capital of Rs 4.27 Cr.

The company currently has active open charges totaling ₹190.90 Cr. The company has closed loans amounting to ₹308.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Suryalata Spinning Mills Limited India are Nageswara Kommineni as CFO and Khushboo Jain as Company Secretary. Madhavi Agarwal, Suresh Kethireddy, Vithaldas Agarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L18100TG1983PLC003962

  • Company No.

    003962

  • Stock Symbol

    BSE : 514138

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 May 1983

  • Date of AGM

    02 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing
Company report

Suryalata Spinning Mills Limited

Explore comprehensive data for Suryalata Spinning Mills Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Suryalata Spinning Mills?

Executive Team (4)

NameDesignationAppointment DateStatus
Vithaldas Agarwal Country flag representing In Managing Director01-Jul-2009Current
Mahender Agarwal Country flag representing In Managing Director30-Mar-1991Current
Nageswara Kommineni Country flag representing In CFO06-Aug-2014Current
Khushboo Jain Company Secretary11-Feb-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Madhavi Agarwal Country flag representing In Whole-Time Director 12-May-2014Current
Suresh Kethireddy Country flag representing In Director 31-Jan-2011Current
Harishchandra Kanuri Country flag representing In Director 27-Aug-2021Current
Surender Ramasahayam Country flag representing In Director 27-Mar-1985Current

Financial Performance of Suryalata Spinning Mills.

Suryalata Spinning Mills Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.22% increase. The company also saw a substantial fall in profitability, with a 35.01% decrease in profit. The company's net worth Soared by an impressive increase of 15.81%.

Suryalata Spinning Mills revenue growth over time
Suryalata Spinning Mills 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
0.22%
Revenue from Operations
-0.23%
Total Assets
5.70%
Profit or Loss
-35.01%
Net Worth
15.81%
EBITDA
-28.20%

What is the Ownership and Shareholding Structure of Suryalata Spinning Mills?

In 2022, Suryalata Spinning Mills had a promoter holding of 70.36% and a public holding of 29.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹190.90 Cr

Satisfied Charges

₹308.43 Cr

Charges Breakdown by Lending Institutions

  • Others : 113.10 Cr
  • Idbi Bank Limited : 44.00 Cr
  • Hdfc Bank Limited : 33.80 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jul 2023Hdfc Bank Limited₹3.40 MOpen
27 Aug 2022Hdfc Bank Limited₹3.50 MOpen
22 Jun 2022Hdfc Bank Limited₹33.00 CrOpen
24 Mar 2022Idbi Bank Limited₹9.00 CrOpen
08 Mar 2022Others₹64.25 CrOpen

How Many Employees Work at Suryalata Spinning Mills?

Suryalata Spinning Mills has a workforce of 1472 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 growth trends for Suryalata Spinning Mills Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Suryalata Spinning 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 Suryalata Spinning Mills'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 Suryalata Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Suryalata Spinning Mills Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Suryalata Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 33.00 Cr registered on 22 Jun 2022 with Charge ID 100616778 was modified on 31 Jan 2024.

  • Charges

    A charge with Others of Rs. 64.25 Cr registered on 08 Mar 2022 with Charge ID 100555534 was modified on 25 Jan 2024.

  • Charges

    A charge with Idbi Bank Limited of Rs. 9.00 Cr registered on 24 Mar 2022 with Charge ID 100561467 was modified on 05 Jan 2024.

  • Charges

    A charge with Idbi Bank Limited of Rs. 35.00 Cr registered on 14 Sep 2016 with Charge ID 100053924 was modified on 05 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Suryalata Spinning Mills Limited?

    Suryalata Spinning Mills Limited was incorporated on 23 May 1983.

  • What is authorized share capital and paid-up capital of Suryalata Spinning Mills Limited?

    The authorized share capital of Suryalata Spinning Mills Limited is ₹ 17.00 Cr and paid-up capital is ₹ 4.27 Cr.

  • Who are the current board members & directors of Suryalata Spinning Mills Limited?

    Currently 8 directors are associated with Suryalata Spinning Mills Limited.

    • Madhavi Agarwal
    • Suresh Reddy Kethireddy
    • Vithaldas Agarwal
    • Harishchandra Prasad Kanuri
    • Mahender Kumar Agarwal
    • Nageswara Rao Kommineni
    • Khushboo Jain
    • Surender Reddy Ramasahayam

  • What is the registered address of Suryalata Spinning Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Suryalata Spinning Mills Limited is Surya Towers I Floor105, Sardar Patel Road Secunderabad India, A.P., Telangana, 500003.

  • What is the corporate identification number (CIN) and company number of Suryalata Spinning Mills Limited?

    The corporate identification number (CIN) of Suryalata Spinning Mills Limited is L18100TG1983PLC003962 and the company number is 003962 as per Ministry of Corporate Affairs (MCA).

  • Is Suryalata Spinning Mills Limited registered with any stock exchange in India?

    Yes, Suryalata Spinning Mills Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Suryalata Spinning Mills Limited?

    The Official website of Suryalata Spinning Mills Limited is https://www.suryalata.com

  • What has been the recent revenue trend for Suryalata Spinning Mills Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Suryalata Spinning Mills Limited has risen by 0.22%.

  • How many employees does Suryalata Spinning Mills Limited currently have?

    As Per 2023 financial reports, 1472 employees are currently employed by Suryalata Spinning Mills Limited.

  • What change has been observed in the net worth of Suryalata Spinning Mills Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Suryalata Spinning Mills Limited has experienced an upsurge of 15.81%.

  • What are the total open charges for Suryalata Spinning Mills Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Suryalata Spinning Mills Limited amount to ₹ 190.90 Cr.

  • When was the last Balance Sheet of Suryalata Spinning Mills Limited filed with the ROC?

    The most recent Balance Sheet for Suryalata Spinning Mills Limited was filed with the ROC on 31 Mar 2024.

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