Thanjavur Spinning Mill Profile
Key Indicators
- Authorised Capital ₹ 36.00 Cr
- Paid Up Capital ₹ 1.17 Cr
- Company Age 63 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.00 M
- Satisfied Charges ₹ 403.41 Cr
- Revenue Growth -48.38%
- Profit Growth -54.15%
- Ebitda -11.91%
- Net Worth -79.40%
- Total Assets -79.02%
About Thanjavur Spinning Mill
Thanjavur Spinning Mill Limited (TSML) was founded in India on 09 June 1961 and has a glorious history of 63 years and eight months.Its registered office is in Virudhunagar, Tamil Nadu, India.
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 36.00 Cr and a paid-up capital of Rs 1.17 Cr.
The company currently has active open charges totaling ₹6.00 M. The company has closed loans amounting to ₹403.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Thanjavur Spinning Mill Limited India is Gurumoorthy Ramachandran as CFO. Poosapadi Rajha, Poosapadi Raja, and Kanthimathinathan Subramanian serve as directors at the Company.
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TN1961PLC004505
- Company No.
004505
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Jun 1961
- Date of AGM
28 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Thanjavur Spinning Mill Limited offer?
Thanjavur Spinning Mill Limited offers a wide range of products and services, including Apparel & Textile Machinery, Textile Processing Machines.
Who are the key members and board of directors at Thanjavur Spinning Mill?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gurumoorthy Ramachandran | CFO | 11-Feb-2017 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Poosapadi Rajha  | Director | 19-May-2016 | Current |
| Poosapadi Raja | Director | 19-May-2016 | Current |
| Kanthimathinathan Subramanian | Director | 04-Sep-2013 | Current |
Financial Performance of Thanjavur Spinning Mill.
Thanjavur Spinning Mill Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.38% decrease. The company also saw a substantial fall in profitability, with a 54.15% decrease in profit. The company's net worth observed a substantial decline by a decrease of 79.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Thanjavur Spinning Mill?
In 2022, Thanjavur Spinning Mill had a promoter holding of 57.97% and a public holding of 42.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sri Vishnu Shankar Mills LimitedKanthimathinathan Subramanian is a mutual person
Sandhya Spinning Mill LimitedPoosapadi Raja and Kanthimathinathan Subramanian are mutual person
Rajapalayam Precision Farmers Producer Company LimitedPoosapadi Rajha is a mutual person
- Madras Chipboard Limited
Poosapadi Rajha is a mutual person
- Cotton Sourcing Company Limited
Poosapadi Rajha is a mutual person
- Senthur Textiles Private Limited
Poosapadi Rajha is a mutual person
Charges (Loans)
₹0.60 Cr
₹403.41 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Feb 1996 | Canara Bank | ₹6.00 M | Open |
| 18 Apr 2017 | Others | ₹13.00 Cr | Satisfied |
| 28 Mar 2017 | Tamilnad Mercantile Bank Limited | ₹2.62 Cr | Satisfied |
| 22 Mar 2017 | Others | ₹4.66 Cr | Satisfied |
| 14 Aug 2015 | Icici Bank Limited | ₹35.00 Cr | Satisfied |
How Many Employees Work at Thanjavur Spinning Mill?
Thanjavur Spinning Mill has a workforce of 1 employees as of Apr 01, 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 Thanjavur Spinning Mill, 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 Thanjavur Spinning Mill'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.
