The Lakshmi Mills Company Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.96 Cr
- Company Age 115 Year, 1 Month
- 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 115 years and one month. 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
Manufacturing
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.
The Lakshmi Mills Company Limited
Explore comprehensive data for The Lakshmi Mills Company Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
The Cotton Textiles Export Promotion CouncilAshwin Chandran is a mutual person
Textile Sector Skill CouncilAshwin Chandran is a mutual person
Precot LimitedSuguna Ravichandran and Ashwin Chandran are mutual person
Petrus Technologies Private LimitedSanjay Jayavarthanavelu is a mutual person
_PRIVATE_LIMITED.webp)
Lakshmi Ring Travellers (Coimbatore) Private LimitedSanjay Jayavarthanavelu is a mutual person
Lakshmi Life Sciences Private LimitedSanjay Jayavarthanavelu is a mutual person
Charges (Loans)
Open Charges
₹194.26 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on The Lakshmi Mills Company
Recent activity within the organization
- Charges
A charge with Canara Bank of Rs. 113.59 Cr registered on 17 Apr 2006 with Charge ID 10004341 was modified on 10 Oct 2024.
- Director Appointment
Krishnamoorthyrao Muralimohan was appointed as a Director was appointed as a Director on 05 Oct 2024 & has been associated with this company since 7 months 8 days .
- Director Appointment
Ashwin Chandran was appointed as a Director was appointed as a Director on 05 Oct 2024 & has been associated with this company since 7 months 8 days .
- Director Appointment
Varadarajan Ranganathan was appointed as a Director was appointed as a Director on 05 Oct 2024 & has been associated with this company since 7 months 8 days .
- Charges
A charge with Canara Bank of Rs. 20.00 Cr registered on 26 Jun 2023 with Charge ID 100772685 was modified on 30 Sep 2024.
- Charges
A charge with Others of Rs. 3.79 Cr registered on 15 Feb 2021 with Charge ID 100421896 was modified on 30 Sep 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of The Lakshmi Mills Company Limited?
The Lakshmi Mills Company Limited was incorporated on 01 Apr 1910.
What is authorized share capital and paid-up capital of The Lakshmi Mills Company Limited?
The authorized share capital of The Lakshmi Mills Company Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.96 Cr.
Who are the current board members & directors of The Lakshmi Mills Company Limited?
Currently 10 directors are associated with The Lakshmi Mills Company Limited.
- N Singaravel
- ADoraiswamy
- Krishnamoorthyrao Muralimohan
- Suguna Ravichandran
- Rangaswamy Santharam
- Aditya Krishna Pathy
- Sundaram Pathy
- Sanjay Jayavarthanavelu
- Ashwin Chandran
- Varadarajan Ranganathan
What is the registered address of The Lakshmi Mills Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of The Lakshmi Mills Company Limited is Old No 1100 New 686 Avanashi Road Papanaickenpalayam India, Coimbatore, Tamil Nadu, 641037.
What is the corporate identification number (CIN) and company number of The Lakshmi Mills Company Limited?
The corporate identification number (CIN) of The Lakshmi Mills Company Limited is L17111TZ1910PLC000093 and the company number is 000093 as per Ministry of Corporate Affairs (MCA).
Is The Lakshmi Mills Company Limited registered with any stock exchange in India?
Yes, The Lakshmi Mills Company Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of The Lakshmi Mills Company Limited?
The Official website of The Lakshmi Mills Company Limited is https://www.lakshmimills.com
What has been the recent revenue trend for The Lakshmi Mills Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for The Lakshmi Mills Company Limited has fallen by -30.02%.
How many employees does The Lakshmi Mills Company Limited currently have?
As Per 2023 financial reports, 614 employees are currently employed by The Lakshmi Mills Company Limited.
What change has been observed in the net worth of The Lakshmi Mills Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of The Lakshmi Mills Company Limited has experienced an upsurge of 1.53%.
What are the total open charges for The Lakshmi Mills Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for The Lakshmi Mills Company Limited amount to ₹ 194.26 Cr.
When was the last Balance Sheet of The Lakshmi Mills Company Limited filed with the ROC?
The most recent Balance Sheet for The Lakshmi Mills Company Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Satish AjmeraDirectorVJ
Venkatasamy JagannathanDirectorBV
Bakthavatsal VijayDirectorRJ
Ramautar JhawarDirectorDR
Damotharan RajendranDirectorDJ
Devarajulu JayavarthanaveluDirectorSK
Sundaram KuppuswamyManaging DirectorGR
Gopalswami RamanujamDirector
Similar Companies Based on Textile & Fabric Production
Wellknown Polyesters Limited Daman, Daman & Diu, India
Trident Limited Barnala, Punjab, India
Shahi Exports Private Limited Delhi, India
Gujarat Ambuja Exports Limited Ahmedabad, Gujarat, India
Bhilosa Industries Private Limited Dadra & Nagar Haveli, Dadra & Nagar Haveli, India
Arvind Limited Ahmedabad, Gujarat, India
K.P.R. Mill Limited Coimbatore, Tamil Nadu, India
Srf Limited Delhi, India