Thanjavur Spinning Mill Limited

This company produces and exports cotton yarn, with a focus on value-added yarn and controlling power costs.

1961 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated:

Thanjavur Spinning Mill Profile

Key Indicators

  • Authorised Capital ₹ 36.00 Cr
  • Paid Up Capital ₹ 1.17 Cr
  • Company Age 63 Year, 9 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 nine 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

Manufacturing

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)

NameDesignationAppointment DateStatus
Gurumoorthy Ramachandran CFO11-Feb-2017Current

Board Members (3)

NameDesignationAppointment DateStatus
Poosapadi Rajha Country flag representing In Director 19-May-2016Current
Poosapadi Raja Country flag representing In Director 19-May-2016Current
Kanthimathinathan Subramanian Country flag representing In Director 04-Sep-2013Current

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%.

Thanjavur Spinning Mill revenue growth over time
Thanjavur Spinning Mill 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
-48.38%
Revenue from Operations
Total Assets
-79.02%
Profit or Loss
-54.15%
Net Worth
-79.40%
EBITDA
-11.91%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.60 Cr

Satisfied Charges

₹403.41 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 1996Canara Bank₹6.00 MOpen
18 Apr 2017Others₹13.00 CrSatisfied
28 Mar 2017Tamilnad Mercantile Bank Limited₹2.62 CrSatisfied
22 Mar 2017Others₹4.66 CrSatisfied
14 Aug 2015Icici Bank Limited₹35.00 CrSatisfied

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.

Employee growth trends for Thanjavur Spinning Mill Limited

Deals i

Graph showing company valuation over time

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

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 Thanjavur Spinning Mill

Recent activity within the organization

  • Annual General Meeting

    Thanjavur Spinning Mill Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Thanjavur Spinning Mill Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 18 Apr 2017 via Charge ID 100092549 with Others was fully satisfied on 06 Sep 2018.

  • Charges

    A charge registered on 14 Aug 2015 via Charge ID 10589995 with Icici Bank Limited was fully satisfied on 13 Jul 2018.

  • Charges

    A charge registered on 12 Apr 2007 via Charge ID 10052969 with Canara Bank was fully satisfied on 04 May 2018.

  • Charges

    A charge registered on 01 Feb 2008 via Charge ID 10089521 with Tamilnad Mercantile Bank Limited was fully satisfied on 26 Apr 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Thanjavur Spinning Mill Limited?

    Thanjavur Spinning Mill Limited was incorporated on 09 Jun 1961.

  • What is authorized share capital and paid-up capital of Thanjavur Spinning Mill Limited?

    The authorized share capital of Thanjavur Spinning Mill Limited is ₹ 36.00 Cr and paid-up capital is ₹ 1.17 Cr.

  • Who are the current board members & directors of Thanjavur Spinning Mill Limited?

    Currently 4 directors are associated with Thanjavur Spinning Mill Limited.

    • Poosapadi Jagadeeswara Raja Ramkumar Rajha
    • Poosapadi A Sankar Raja Krishnama Raja
    • Kanthimathinathan Subramanian
    • Gurumoorthy Ramachandran

  • What is the registered address of Thanjavur Spinning Mill Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Thanjavur Spinning Mill Limited is Rajapalayam Mills Premises P.A.C.Ramasamy Raja Salai, Rajapalayam-6 26 117 Rajapalayam-626 India, Rajapalayam-626 117, Tamil Nadu, 626117.

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

    The corporate identification number (CIN) of Thanjavur Spinning Mill Limited is U17111TN1961PLC004505 and the company number is 004505 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Thanjavur Spinning Mill Limited?

    The Official website of Thanjavur Spinning Mill Limited is https://www.thanjavurspinningmill.co.in

  • What has been the recent revenue trend for Thanjavur Spinning Mill Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Thanjavur Spinning Mill Limited has fallen by -48.38%.

  • How many employees does Thanjavur Spinning Mill Limited currently have?

    As Per 2023 financial reports, 1 employees are currently employed by Thanjavur Spinning Mill Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Thanjavur Spinning Mill Limited has experienced an downturn of -79.40%.

  • What are the total open charges for Thanjavur Spinning Mill Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Thanjavur Spinning Mill Limited amount to ₹ 6.00 M.

  • When was the last Balance Sheet of Thanjavur Spinning Mill Limited filed with the ROC?

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

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