The Mahalakshmi Textile Mills Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.40 M
- Company Age 99 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth -0.09%
- Profit Growth 93.86%
- Ebitda 49.05%
- Net Worth 0.19%
- Total Assets -3.72%
About The Mahalakshmi Textile Mills
The Mahalakshmi Textile Mills Limited (TMTML) was founded in India on 14 September 1925 and has a glorious history of 99 years and four months.Its registered office is in Madurai, Tamil Nadu, India.
The Corporate was formerly known as Mahalakshmi Textile Mills Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.40 M, as per Ministry of Corporate Affairs (MCA) records.
Lakshmanan Alagusundaram, Nidhi Verma, and Sai Lalitha serve as directors at the Company.
Company Details
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Location
Madurai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U99999TN1925PLC001605
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Company No.
001605
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
14 Sep 1925
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at The Mahalakshmi Textile Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lakshmanan Alagusundaram
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Managing Director | 03-Jan-2013 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Nidhi Verma
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Director | 06-Jan-2016 | Current |
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Sai Lalitha
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Director | 04-Aug-2021 | Current |
Financial Performance of The Mahalakshmi Textile Mills.
The Mahalakshmi Textile Mills Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.09% decrease. The company also saw a substantial improvement in profitability, with a 93.86% increase in profit. The company's net worth moved up by a moderate rise of 0.19%.
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What is the Ownership and Shareholding Structure of The Mahalakshmi Textile Mills?
In 2023, The Mahalakshmi Textile Mills had a promoter holding of 83.07% and a public holding of 16.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Algates Financial Private LimitedLakshmanan Alagusundaram and Nidhi Verma are mutual person
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Algates Consulting Imf Private LimitedLakshmanan Alagusundaram and Nidhi Verma are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at The Mahalakshmi Textile Mills?
Unlock and access historical data on people associated with The Mahalakshmi Textile Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of The Mahalakshmi Textile 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 The Mahalakshmi Textile Mills'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.
