Vtm Limited

Produces and exports a variety of high-quality cotton fabrics using advanced machinery.

1946 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated: December 12, 2024

Vtm Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.02 Cr
  • Company Age 78 Year, 6 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 six 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

    vtmill.com

  • 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)

NameDesignationAppointment DateStatus
Thiagarajan K Country flag representing Gb Managing Director23-Aug-2013Current
Kamatchi Deenadayalan CFO10-Oct-2023Current
Kasiviswanathan Preyatharshine Country flag representing In Company Secretary14-Jul-2023Current

Board Members (8)

NameDesignationAppointment DateStatus
Sevugan Lakshmanan Country flag representing In Director 25-Mar-2021Current
Ganesh Ananthakrishnan Country flag representing In Director 25-Mar-2021Current
Ramanathan Somasundaram Country flag representing In Director 01-Feb-1984Current
Chinnakonda Venkatesh Country flag representing In Director 25-Apr-2022Current
Uma Kannan Country flag representing Gb Director 25-Mar-2015Current
Mariappan Anbukani Country flag representing In Director 28-Oct-2022Current

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%.

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
35.17%
Revenue from Operations
35.84%
Total Assets
6.27%
Profit or Loss
52.10%
Net Worth
6.97%
EBITDA
41.70%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
10 Aug 2020Hdfc Bank Limited₹3.60 CrOpen
04 Sep 2019Hdfc Bank Limited₹10.00 CrOpen
04 Sep 2019Hdfc Bank Limited₹6.80 CrOpen
06 May 2011Standard Chartered Bank₹25.00 CrOpen
02 Jan 2003Idbi Bank Limited₹10.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    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.

    24 Jul 2024

  • Balance Sheet

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

    31 Mar 2024

  • 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 4 months .

    10 Oct 2023

  • 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 5 months .

    11 Sep 2023

  • 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 7 months .

    14 Jul 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Vtm Limited was incorporated on 27 Jul 1946.

  • The authorized share capital of Vtm Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.02 Cr.

  • 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
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vtm Limited is Sulakarai Virudhunagar India, Ramnad Distt, Tamil Nadu, 626003.

  • The corporate identification number (CIN) of Vtm Limited is L17111TN1946PLC003270 and the company number is 003270 as per Ministry of Corporate Affairs (MCA).

  • Yes, Vtm Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Vtm Limited is https://www.vtmill.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vtm Limited has risen by 35.17%.

  • As Per 2022 financial reports, 380 employees are currently employed by Vtm Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vtm Limited has experienced an upsurge of 6.97%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Vtm Limited amount to ₹ 82.43 Cr.

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

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