The Lakshmi Mills Company Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.96 Cr
- Company Age 114 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 194.26 Cr
- Satisfied Charges ₹ 178.80 Cr
- Revenue Growth -30.02%
- Profit Growth -120.83%
- Ebitda -93.31%
- Net Worth 1.53%
- Total Assets 5.78%
About The Lakshmi Mills Company
The Lakshmi Mills Company Limited (TLMCL) was founded in India on 01 April 1910 and has a glorious history of 114 years and ten months. Its registered office is in Coimbatore, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502958.
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 10.00 Cr and a paid-up capital of Rs 6.96 Cr.
The company currently has active open charges totaling ₹194.26 Cr. The company has closed loans amounting to ₹178.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at The Lakshmi Mills Company Limited India are N Singaravel as COMPANY SECRETARY and Adoraiswamy as Cfo. Krishnamoorthyrao Muralimohan, Suguna Ravichandran, Rangaswamy Santharam, and Five other members serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L17111TZ1910PLC000093
- Company No.
000093
- Stock Symbol
BSE : 502958
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Apr 1910
- Date of AGM
09 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Coimbatore
Industry
What products or services does The Lakshmi Mills Company Limited offer?
The Lakshmi Mills Company Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Natural Fabric, Yarns & Threads, Cotton Yarn, Polyester Cotton Yarn, Industrial Fabrics and Textiles, Non Woven Fabric, Apparel & Clothing Fabric, Grey Fabric.
Who are the key members and board of directors at The Lakshmi Mills Company?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditya Pathy  | Managing Director | 11-Jun-2009 | Current |
| N Singaravel | Company Secretary | 25-Feb-2013 | Current |
| Adoraiswamy | CFO | 18-Mar-2019 | Current |
| Sundaram Pathy | Managing Director | 27-Sep-1995 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Krishnamoorthyrao Muralimohan | Director | 05-Oct-2024 | Current |
| Suguna Ravichandran | Director | 11-Feb-2015 | Current |
| Rangaswamy Santharam | Director | 27-Mar-2002 | Current |
| Sanjay Jayavarthanavelu | Director | 30-Jul-2010 | Current |
| Ashwin Chandran | Director | 05-Oct-2024 | Current |
| Varadarajan Ranganathan | Director | 05-Oct-2024 | Current |
Financial Performance of The Lakshmi Mills Company.
The Lakshmi Mills Company Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.02% decrease. The company also saw a substantial fall in profitability, with a 120.83% decrease in profit. The company's net worth moved up by a moderate rise of 1.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of The Lakshmi Mills Company?
In 2022, The Lakshmi Mills Company had a promoter holding of 63.77% and a public holding of 36.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹194.26 Cr
₹178.80 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 137.19 Cr
- Others : 48.07 Cr
- Central Bank Of India : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2023 | Canara Bank | ₹20.00 Cr | Open |
| 15 Feb 2021 | Others | ₹3.79 Cr | Open |
| 31 Dec 2019 | Canara Bank | ₹3.60 Cr | Open |
| 11 Jul 2006 | Others | ₹44.28 Cr | Open |
| 17 Apr 2006 | Canara Bank | ₹113.59 Cr | Open |
How Many Employees Work at The Lakshmi Mills Company?
The Lakshmi Mills Company has a workforce of 614 employees as of Apr 06, 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 The Lakshmi Mills Company, 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 The Lakshmi Mills Company'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.
