Vtm Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.02 Cr
- Company Age 78 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 82.43 Cr
- Satisfied Charges ₹ 69.13 Cr
- Revenue Growth 35.17%
- Profit Growth 52.10%
- Ebitda 41.70%
- Net Worth 6.97%
- Total Assets 6.27%
About Vtm
Vtm Limited (VL) was founded in India on 27 July 1946 and has a glorious history of 78 years and eight months. Its registered office is in Virudhunagar, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532893.
The Corporate was formerly known as Virudhunagar Textiles 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 10.00 Cr and a paid-up capital of Rs 4.02 Cr.
The company currently has active open charges totaling ₹82.43 Cr. The company has closed loans amounting to ₹69.13 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vtm Limited India are Kamatchi Deenadayalan as CFO and Kasiviswanathan Preyatharshine as Company Secretary. Ganesh Ananthakrishnan, Ramanathan Somasundaram, Chinnakonda Venkatesh, and Six other members serve as directors at the Company.
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L17111TN1946PLC003270
- Company No.
003270
- Stock Symbol
BSE : 532893
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Jul 1946
- Date of AGM
24 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
Manufacturing
Who are the key members and board of directors at Vtm?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thiagarajan K  | Managing Director | 23-Aug-2013 | Current |
| Kamatchi Deenadayalan | CFO | 10-Oct-2023 | Current |
Kasiviswanathan Preyatharshine  | Company Secretary | 14-Jul-2023 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sevugan Lakshmanan | Director | 25-Mar-2021 | Current |
| Ganesh Ananthakrishnan | Director | 25-Mar-2021 | Current |
| Ramanathan Somasundaram | Director | 01-Feb-1984 | Current |
| Chinnakonda Venkatesh | Director | 25-Apr-2022 | Current |
| Uma Kannan | Director | 25-Mar-2015 | Current |
| Mariappan Anbukani | Director | 28-Oct-2022 | Current |
Financial Performance of Vtm.
Vtm Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.17% increase. The company also saw a substantial improvement in profitability, with a 52.1% increase in profit. The company's net worth moved up by a moderate rise of 6.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vtm?
In 2023, Vtm had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Thooya Innovations Private LimitedChinnakonda Venkatesh is a mutual person
Thiagarajar Telekom Solutions Private LimitedUma Kannan, Thiagarajan K and 1 more are mutual person
Sv.A.Heritage Constructions Private LimitedSevugan Lakshmanan is a mutual person
Madurai Integrated Textile Park Private LimitedMariappan Anbukani is a mutual person
Thiagarajar Mills Private LimitedUma Kannan, Mariappan Anbukani and 1 more are mutual person
Dsm Agencies Private LimitedGanesh Ananthakrishnan is a mutual person
Charges (Loans)
Open Charges
₹82.43 Cr
Satisfied Charges
₹69.13 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 28.00 Cr
- State Bank Of India : 23.80 Cr
- Hdfc Bank Limited : 20.40 Cr
- Idbi Bank Limited : 10.00 Cr
- Canara Bank : 0.15 Cr
- Others : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2020 | Hdfc Bank Limited | ₹3.60 Cr | Open |
| 04 Sep 2019 | Hdfc Bank Limited | ₹10.00 Cr | Open |
| 04 Sep 2019 | Hdfc Bank Limited | ₹6.80 Cr | Open |
| 06 May 2011 | Standard Chartered Bank | ₹25.00 Cr | Open |
| 02 Jan 2003 | Idbi Bank Limited | ₹10.00 Cr | Open |
How Many Employees Work at Vtm?
Vtm has a workforce of 380 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vtm, 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 Vtm'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.
Latest Updates, News, and FAQs on Vtm
Recent activity within the organization
- Charges
A charge with State Bank Of India of Rs. 23.80 Cr registered on 24 Oct 2001 with Charge ID 90297902 was modified on 31 Jul 2024.
- Annual General Meeting
Vtm Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.
- Balance Sheet
Vtm Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Kamatchi Naidu Deenadayalan was appointed as a Cfo was appointed as a Cfo on 10 Oct 2023 & has been associated with this company since 1 year 5 months .
- Director Appointment
Vethachalam Kasinathan was appointed as a Director was appointed as a Director on 11 Sep 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Kasiviswanathan Preyatharshine was appointed as a Company Secretary was appointed as a Company Secretary on 14 Jul 2023 & has been associated with this company since 1 year 8 months .
Recent News, Updates & Announcement
VTM Q3 FY24 Results Live: Profit Rise by 307.9% YoY | Mint.VTM Q3 FY24 Results Live: Revenue increased by 3.45% YoY & profit increased by 307.9% YoY.
Frequently asked questions
What is the Incorporation or founding date of Vtm Limited?
Vtm Limited was incorporated on 27 Jul 1946.
What is authorized share capital and paid-up capital of Vtm Limited?
The authorized share capital of Vtm Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.02 Cr.
Who are the current board members & directors of Vtm Limited?
Currently 11 directors are associated with Vtm Limited.
- Ganesh Ananthakrishnan
- Ramanathan Chettiar Somasundaram
- Chinnakonda Rajendran Venkatesh
- Uma Kannan
- Mariappan Anbukani
- Thudukuchi Nagasamy Ramanathan
- Sevugan Lakshmanan
- Thiagarajan K
- Vethachalam Kasinathan
- Kamatchi Naidu Deenadayalan
- Kasiviswanathan Preyatharshine
What is the registered address of Vtm Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Vtm Limited is Sulakarai Virudhunagar India, Ramnad Distt, Tamil Nadu, 626003.
What is the corporate identification number (CIN) and company number of Vtm Limited?
The corporate identification number (CIN) of Vtm Limited is L17111TN1946PLC003270 and the company number is 003270 as per Ministry of Corporate Affairs (MCA).
Is Vtm Limited registered with any stock exchange in India?
Yes, Vtm Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Vtm Limited?
The Official website of Vtm Limited is https://www.vtmill.com
What has been the recent revenue trend for Vtm Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Vtm Limited has risen by 35.17%.
How many employees does Vtm Limited currently have?
As Per 2022 financial reports, 380 employees are currently employed by Vtm Limited.
What change has been observed in the net worth of Vtm Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Vtm Limited has experienced an upsurge of 6.97%.
What are the total open charges for Vtm Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Vtm Limited amount to ₹ 82.43 Cr.
When was the last Balance Sheet of Vtm Limited filed with the ROC?
The most recent Balance Sheet for Vtm Limited was filed with the ROC on 31 Mar 2024.
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