The Thirumagal Mills Limited

Spinning mill in India that deals with raw cotton, fiber materials, weaving, dyeing, and selling yarn cloth.

1937 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

The Thirumagal Mills Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.00 Cr
  • Company Age 87 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 27.81 Cr
  • Revenue Growth 6718.96%
  • Profit Growth 53744.86%
  • Ebitda -1765.01%
  • Net Worth 360.32%
  • Total Assets 315.25%

About The Thirumagal Mills

The Thirumagal Mills Limited (TTML) was founded in India on 16 November 1937 and has a glorious history of 87 years and three months. Its registered office is in Chennai, 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 8.00 Cr and a paid-up capital of Rs 7.00 Cr.

The company has closed loans amounting to ₹27.81 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shanmugam Ethiraj, Narayanan Govindarajan, and Doraisamy Kuppan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1937PLC002992

  • Company No.

    002992

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 1937

  • Date of AGM

    24 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at The Thirumagal Mills?

Board Members (3)

NameDesignationAppointment DateStatus
Narayanan Govindarajan Country flag representing In Director 20-Jan-2022Current
Shanmugam Ethiraj Country flag representing In Director 27-May-1988Current
Doraisamy Kuppan Country flag representing In Director 31-Dec-2021Current

Financial Performance of The Thirumagal Mills.

The Thirumagal Mills Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 6718.96% increase. The company also saw a substantial improvement in profitability, with a 53744.86% increase in profit. The company's net worth Soared by an impressive increase of 360.32%.

Graph illustrating revenue growth over time
Graph showing 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
6718.96%
Revenue from Operations
Total Assets
315.25%
Profit or Loss
53744.86%
Net Worth
360.32%
EBITDA
-1765.01%

What is the Ownership and Shareholding Structure of The Thirumagal Mills?

In 2023, The Thirumagal Mills had a promoter holding of 99.45% and a public holding of 0.55%. The company had 2 Subsidiaries. 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

Satisfied Charges

₹27.81 Cr

Charges Breakdown by Lending Institutions

  • Sundaram Finance Limited : 19.11 Cr
  • Andhra Bank : 8.70 Cr

Latest Charge Details

DateLenderAmountStatus
05 Dec 2008Sundaram Finance Limited₹6.37 CrSatisfied
27 Nov 2008Sundaram Finance Limited₹6.37 CrSatisfied
20 Nov 2008Sundaram Finance Limited₹6.37 CrSatisfied
20 Jun 2005Andhra Bank₹8.70 CrSatisfied

How Many Employees Work at The Thirumagal Mills?

The Thirumagal Mills has a workforce of 1 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Thirumagal 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 Thirumagal Mills'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 The Thirumagal Mills

Recent activity within the organization

  • Annual General Meeting

    The Thirumagal Mills Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.

    24 Jul 2024

  • Balance Sheet

    The Thirumagal Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Narayanan Govindarajan was appointed as a Director was appointed as a Director on 20 Jan 2022 & has been associated with this company since 3 years 1 month .

    20 Jan 2022

  • Director Appointment

    Doraisamy Kuppan was appointed as a Director was appointed as a Director on 31 Dec 2021 & has been associated with this company since 3 years 1 month .

    31 Dec 2021

  • Charges

    A charge registered on 05 Dec 2008 via Charge ID 10135375 with Sundaram Finance Limited was fully satisfied on 26 Apr 2012.

    26 Apr 2012

  • Charges

    A charge registered on 27 Nov 2008 via Charge ID 10133797 with Sundaram Finance Limited was fully satisfied on 26 Apr 2012.

    26 Apr 2012

Frequently asked questions

  • The Thirumagal Mills Limited was incorporated on 16 Nov 1937.

  • The authorized share capital of The Thirumagal Mills Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.00 Cr.

  • Currently 3 directors are associated with The Thirumagal Mills Limited.

    • Shanmugam Ethiraj
    • Narayanan Govindarajan
    • Doraisamy Kuppan
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Thirumagal Mills Limited is New No.5/1 Old No.3/1 6Th Cross Street Cit Colony, Mylapore India, Chennai, Tamil Nadu, 600004.

  • The corporate identification number (CIN) of The Thirumagal Mills Limited is U17111TN1937PLC002992 and the company number is 002992 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Thirumagal Mills Limited has risen by 6718.96%.

  • As Per 2023 financial reports, 1 employees are currently employed by The Thirumagal Mills Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Thirumagal Mills Limited has experienced an upsurge of 360.32%.

  • The most recent Balance Sheet for The Thirumagal Mills Limited was filed with the ROC on 31 Mar 2024.

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