Thiagarajar Mills Private Limited

Manufacturer of high-quality cotton yarn, exporting to 23 countries with advanced production facilities and a large workforce.

1935 | Madurai, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Thiagarajar Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.08 Cr
  • Company Age 89 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 181.70 Cr
  • Satisfied Charges ₹ 415.80 Cr
  • Revenue Growth 24.32%
  • Profit Growth -13.35%
  • Ebitda -6.17%
  • Net Worth 12.62%
  • Total Assets 15.86%

About Thiagarajar Mills

Thiagarajar Mills Private Limited (TMPL) was founded in India on 26 June 1935 and has a glorious history of 89 years and seven months. Its registered office is in Madurai, Tamil Nadu, India.

The Corporate was formerly known as Saroja Mills Ltd. 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 5.00 Cr and a paid-up capital of Rs 1.08 Cr.

The company currently has active open charges totaling ₹181.70 Cr. The company has closed loans amounting to ₹415.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Visalakshi Kannan, Thiagarajan K, Mariappan Anbukani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tmills.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27209TN1935PTC002515

  • Company No.

    002515

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1935

  • 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 Thiagarajar Mills?

Executive Team (2)

NameDesignationAppointment DateStatus
Thiagarajan K Country flag representing Gb Managing Director24-Oct-2011Current
Uma Kannan Country flag representing Gb Managing Director07-Dec-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Visalakshi Kannan Country flag representing Us Director 04-Apr-2019Current
Mariappan Anbukani Country flag representing In Director 03-Nov-2022Current
Ramasubramanian Sankaranarayanan Country flag representing In Director 20-Aug-2023Current
Chinnakonda Vijayan Country flag representing In Director 20-Aug-2023Current

Financial Performance of Thiagarajar Mills.

Thiagarajar Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.32% increase. The company also saw a substantial fall in profitability, with a 13.35% decrease in profit. The company's net worth Soared by an impressive increase of 12.62%.

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
24.32%
Revenue from Operations
24.86%
Total Assets
15.86%
Profit or Loss
-13.35%
Net Worth
12.62%
EBITDA
-6.17%

What is the Ownership and Shareholding Structure of Thiagarajar Mills?

In 2023, Thiagarajar Mills had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹181.70 Cr

Satisfied Charges

₹415.80 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 69.70 Cr
  • Idbi Bank Limited : 47.00 Cr
  • Others : 45.00 Cr
  • Standard Chartered Bank : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jul 2022Others₹45.00 CrOpen
06 May 2011Standard Chartered Bank₹20.00 CrOpen
03 Nov 2000Idbi Bank Limited₹47.00 CrOpen
02 May 2000State Bank Of India₹69.70 CrOpen
21 Aug 2017Others₹14.00 CrSatisfied

How Many Employees Work at Thiagarajar Mills?

Thiagarajar Mills has a workforce of 1284 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 Thiagarajar 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 Thiagarajar 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 Thiagarajar Mills

Recent activity within the organization

  • Annual General Meeting

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

    24 Jul 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Idbi Bank Limited of Rs. 47.00 Cr registered on 03 Nov 2000 with Charge ID 90297877 was modified on 23 Aug 2023.

    23 Aug 2023

  • Director Appointment

    Ramasubramanian Sankaranarayanan was appointed as a Director was appointed as a Director on 20 Aug 2023 & has been associated with this company since 1 year 6 months .

    20 Aug 2023

  • Charges

    A charge registered on 19 Jan 2000 via Charge ID 90296490 with M/Sstate Bank Of India was fully satisfied on 03 May 2023.

    03 May 2023

  • Charges

    A charge registered on 19 Jan 2000 via Charge ID 90297842 with State Bank Of India was fully satisfied on 03 May 2023.

    03 May 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Thiagarajar Mills Private Limited was incorporated on 26 Jun 1935.

  • The authorized share capital of Thiagarajar Mills Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.08 Cr.

  • Currently 6 directors are associated with Thiagarajar Mills Private Limited.

    • Visalakshi Kannan
    • Thiagarajan K
    • Mariappan Anbukani
    • Uma Kannan
    • Ramasubramanian Sankaranarayanan
    • Chinnakonda Subbier Krishnamoorthy Vijayan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Thiagarajar Mills Private Limited is Kappalur India, Madurai, Tamil Nadu, 625008.

  • The corporate identification number (CIN) of Thiagarajar Mills Private Limited is U27209TN1935PTC002515 and the company number is 002515 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Thiagarajar Mills Private Limited is https://www.tmills.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Thiagarajar Mills Private Limited has risen by 24.32%.

  • As Per 2023 financial reports, 1284 employees are currently employed by Thiagarajar Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Thiagarajar Mills Private Limited has experienced an upsurge of 12.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Thiagarajar Mills Private Limited amount to ₹ 181.70 Cr.

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

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