The Tuticorin Spinning Mills Limited

Cotton yarn manufacturing company with factory in Tuticorin, Tamil Nadu.

1946 | Tuticorin, Tamil Nadu (India) | Active
Last Updated:

The Tuticorin Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.32 Cr
  • Company Age 78 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.51 Cr
  • Satisfied Charges ₹ 287.18 Cr
  • Revenue Growth -55.54%
  • Profit Growth -70.20%
  • Ebitda -42.35%
  • Net Worth 39.55%
  • Total Assets 33.21%

About The Tuticorin Spinning Mills

The Tuticorin Spinning Mills Limited (TTSML) was founded in India on 17 July 1946 and has a glorious history of 78 years and eight months. Its registered office is in Tuticorin, 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 5.50 Cr and a paid-up capital of Rs 5.32 Cr.

The company currently has active open charges totaling ₹3.51 Cr. The company has closed loans amounting to ₹287.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anitha Ilango, Chidambaram Amarnath, Antony Kannan, and One other member serve as directors at the Company.

Company Details

  • Location

    Tuticorin, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1946PLC002999

  • Company No.

    002999

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 1946

  • Date of AGM

    27 Sep 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 Tuticorin Spinning Mills?

Board Members (4)

NameDesignationAppointment DateStatus
Anitha Ilango Country flag representing In Director 09-Jan-2024Current
Chidambaram Amarnath Country flag representing In Director 27-Aug-2019Current
Antony Kannan Country flag representing In Director 10-Feb-2023Current
Nataraja Gnanamani Country flag representing In Director 28-Feb-1974Current

Financial Performance of The Tuticorin Spinning Mills.

The Tuticorin Spinning Mills Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 55.54% decrease. The company also saw a substantial fall in profitability, with a 70.2% decrease in profit. The company's net worth Soared by an impressive increase of 39.55%.

The Tuticorin Spinning Mills revenue growth over time
The Tuticorin Spinning Mills 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
-55.54%
Revenue from Operations
14.39%
Total Assets
33.21%
Profit or Loss
-70.20%
Net Worth
39.55%
EBITDA
-42.35%

What is the Ownership and Shareholding Structure of The Tuticorin Spinning Mills?

In 2020, The Tuticorin Spinning Mills had a promoter holding of 74.24% and a public holding of 25.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.51 Cr

Satisfied Charges

₹287.18 Cr

Charges Breakdown by Lending Institutions

  • The Industrial Credit & Investment Co.Of India Ltd : 2.00 Cr
  • Bank Of Madura Ltd : 1.17 Cr
  • The Tamilnadu Industrial Investment Co. Ltd : 0.21 Cr
  • The Tamil Nadu Industrial Investment Co. Ltd : 0.06 Cr
  • Bank Of Madura Ltd : 0.05 Cr
  • Others : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
01 Feb 1995Bank Of Madura Ltd₹1.41 MOpen
04 Jul 1994The Industrial Credit & Investment Co.Of India Ltd₹2.00 CrOpen
08 May 1992Bank Of Madura Ltd₹8.82 MOpen
18 Apr 1985Bank Of Madura Ltd₹0.50 MOpen
26 Mar 1985Bank Of Madura Ltd₹1.49 MOpen

How Many Employees Work at The Tuticorin Spinning Mills?

The Tuticorin Spinning Mills has a workforce of 7 employees as of Apr 08, 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.

Employee growth trends for The Tuticorin Spinning Mills Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Tuticorin Spinning 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 Tuticorin Spinning 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 Tuticorin Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    The Tuticorin Spinning Mills Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Anitha Ilango was appointed as a Director was appointed as a Director on 09 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Antony Michael Kannan was appointed as a Director was appointed as a Director on 10 Feb 2023 & has been associated with this company since 2 years 1 month .

  • Charges

    A charge registered on 20 Sep 1980 via Charge ID 90291728 with State Bank Of India was fully satisfied on 08 Nov 2022.

  • Charges

    A charge registered on 30 Dec 1985 via Charge ID 90291866 with State Industries Promotion Co Of Tamil Nadu Ltd was fully satisfied on 21 Sep 2022.

Frequently asked questions

  • What is the Incorporation or founding date of The Tuticorin Spinning Mills Limited?

    The Tuticorin Spinning Mills Limited was incorporated on 17 Jul 1946.

  • What is authorized share capital and paid-up capital of The Tuticorin Spinning Mills Limited?

    The authorized share capital of The Tuticorin Spinning Mills Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.32 Cr.

  • Who are the current board members & directors of The Tuticorin Spinning Mills Limited?

    Currently 4 directors are associated with The Tuticorin Spinning Mills Limited.

    • Anitha Ilango
    • Chidambaram Amarnath
    • Antony Michael Kannan
    • Nataraja Nadar Gnanamani

  • What is the registered address of The Tuticorin Spinning Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of The Tuticorin Spinning Mills Limited is 106 G/4 Palayam Kottai Road India, Thoothukkudi, Tamil Nadu, 628003.

  • What is the corporate identification number (CIN) and company number of The Tuticorin Spinning Mills Limited?

    The corporate identification number (CIN) of The Tuticorin Spinning Mills Limited is U17111TN1946PLC002999 and the company number is 002999 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of The Tuticorin Spinning Mills Limited?

    The Official website of The Tuticorin Spinning Mills Limited is https://www.hrcp.in

  • What has been the recent revenue trend for The Tuticorin Spinning Mills Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for The Tuticorin Spinning Mills Limited has fallen by -55.54%.

  • How many employees does The Tuticorin Spinning Mills Limited currently have?

    As Per 2021 financial reports, 7 employees are currently employed by The Tuticorin Spinning Mills Limited.

  • What change has been observed in the net worth of The Tuticorin Spinning Mills Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of The Tuticorin Spinning Mills Limited has experienced an upsurge of 39.55%.

  • What are the total open charges for The Tuticorin Spinning Mills Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for The Tuticorin Spinning Mills Limited amount to ₹ 3.51 Cr.

  • When was the last Balance Sheet of The Tuticorin Spinning Mills Limited filed with the ROC?

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

People also Viewed