The Southern Textile Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 3.50 Cr
- Company Age 76 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.99 Cr
- Satisfied Charges ₹ 41.53 Cr
- Revenue Growth 40.39%
- Profit Growth 182.23%
- Ebitda 16.23%
- Net Worth 187.74%
- Total Assets 6.56%
About The Southern Textile
The Southern Textile Limited (TSTL) was founded in India on 24 June 1948 and has a glorious history of 76 years and eight months. Its registered office is in Coimbatore, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 3.50 Cr.
The company currently has active open charges totaling ₹15.99 Cr. The company has closed loans amounting to ₹41.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
Saraswathi Varadarajan, Varadarajan Shyamala, and Shyamala Vinaya 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
U17111TZ1948PLC000172
- Company No.
000172
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Jun 1948
- Date of AGM
29 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at The Southern Textile?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saraswathi Varadarajan  | Managing Director | 21-Jul-1975 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shyamala Vinaya | Director | 19-Oct-2018 | Current |
| Varadarajan Shyamala | Director | 30-Sep-2003 | Current |
Financial Performance of The Southern Textile.
The Southern Textile Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 40.39% increase. The company also saw a substantial improvement in profitability, with a 182.23% increase in profit. The company's net worth Soared by an impressive increase of 187.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of The Southern Textile?
In 2022, The Southern Textile had a promoter holding of 98.51% and a public holding of 1.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Cardwell Spinning Mills LimitedSaraswathi Varadarajan, Varadarajan Shyamala and 1 more are mutual person
Charges (Loans)
₹15.99 Cr
₹41.53 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 15.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2024 | Hdfc Bank Limited | ₹2.90 M | Open |
| 10 Mar 2023 | Hdfc Bank Limited | ₹15.70 Cr | Open |
| 24 Feb 2021 | Others | ₹8.70 Cr | Satisfied |
| 19 Mar 2018 | Others | ₹5.00 M | Satisfied |
| 30 Oct 2015 | Others | ₹8.93 Cr | Satisfied |
How Many Employees Work at The Southern Textile?
The Southern Textile has a workforce of 108 employees as of Apr 05, 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 Southern Textile, 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 Southern Textile'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.
