About Guntur Spinning Mills
Guntur Spinning Mills is an Energy & Utilities company founded in 2006. Yarn manufacturing and renewable energy practices in India. It operates in the Energy & Utilities and Industrial Goods & Manufacturing sectors. The company has 189 employees. Its Indian entity Guntur Spinning Mills Private Limited reported revenue of ₹147 Cr. Guntur Spinning Mills offers products and services including Carded Yarn and Combed Yarn. Its focus areas include Energy, Renewable Energy, Sustainability Practices and Green Energy Initiatives.
Company details
Guntur Spinning Mills Pvt. Ltd. was established in 2006 and has seen expansions in its operations, including an increase to 32,880 spindles by 2015 and upgrades to advanced systems by 2020. A total of 15 tons of yarn is produced daily, focusing on varieties such as carded, combed, hosiery, and compact yarns. Sustainability is addressed through renewable energy initiatives, while quality is maintained via autolevelled processes and customer feedback integration. The company is situated in Guntur, Andhra Pradesh, with efforts directed towards on-time delivery and competitive pricing to support industry standards.
- Employees 189
- SectorsEnergy & UtilitiesIndustrial Goods & Manufacturing
- Email••••••••
- Website gunturspinningmills.com
- Legal Name Guntur Spinning Mills Pvt. Ltd
- Date of Incorporation 30 Aug, 2005
- Jurisdiction Guntur, Andhra Pradesh, India
- Indian entity revenue₹147 Cr
FY 2023 · -14% YoY
- Indian entity net profit₹3.26 Cr
FY 2023 · 2% margin
- Indian entity EBITDA₹6.12 Cr
FY 2023 · 4% margin
- Employee Count189
Associated legal entities of Guntur Spinning Mills
Guntur Spinning Mills operates through Guntur Spinning Mills Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Guntur Spinning Mills Private Limited CIN U18100AP2005PTC047287 | Active | 30 Aug 2005 | Guntur, Andhra Pradesh | ₹147 Cr | 189 | 5 | View details |
Products & Services of Guntur Spinning Mills
Guntur Spinning Mills offers a comprehensive portfolio of products and services, including Carded Yarn and Combed Yarn.
Carded yarn in Ne 30's to Ne 40's is manufactured for various applications in the textile industry.
Combed yarn in Ne 40's to Ne 60's is produced to provide higher quality standards in yarn manufacturing.
Board of directors of Guntur Spinning Mills Private Limited (Guntur Spinning Mills)
Guntur Spinning Mills Private Limited is the primary company behind Guntur Spinning Mills. The board of Guntur Spinning Mills Private Limited currently have 5 directors; the longest-serving is Sarvani Mamidipaka, appointed in 2005. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sarvani Mamidipaka DIN 00677917 | Director | 30 Aug 2005 | 21 yrs 2 mo | Guntur Spinning Mills Private Limited |
| Venkata Srinivasa Rao Mamidipaka DIN 00678850 | Director | 30 Aug 2005 | 21 yrs 2 mo | Guntur Spinning Mills Private Limited |
| Venkata Satyanarayana Mamidipaka DIN 00676853 | Managing Director | 30 Aug 2005 | 21 yrs 2 mo | Guntur Spinning Mills Private Limited |
| Mamidipaka Maneesha DIN 07972159 | Director | 30 Nov 2017 | 8 yrs 11 mo | Guntur Spinning Mills Private Limited |
| Telaprolu Karthik DIN 07126699 | Whole-time director | 30 Nov 2017 | 8 yrs 11 mo | Guntur Spinning Mills Private Limited |
Financials of Guntur Spinning Mills
Figures of Guntur Spinning Mills Private Limited, the primary company behind Guntur Spinning Mills, for FY 2023. Revenue was ₹147 Cr (-14% year on year). Net profit was ₹3.26 Cr (2% margin). EBITDA was ₹6.12 Cr (4% margin). Revenue has grown at a compounded annual rate of +7% over three years and +5% over five years.
- ₹147 CrRevenue · FY 2023 · -14% YoY
- ₹3.26 CrNet profit · 2% margin
- ₹6.12 CrEBITDA · 4% margin
- ₹2.43 CrPaid-up capital
- 189Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Guntur Spinning Mills Private Limited are on its company page.
Detailed financial statements for Guntur Spinning Mills
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Frequently Asked Questions about Guntur Spinning Mills
Guntur Spinning Mills was founded in 2006.
Guntur Spinning Mills has 189 employees.
The primary company behind Guntur Spinning Mills, Guntur Spinning Mills Private Limited, reported revenue of ₹147 Cr for FY 2023, down 14% year on year.
Guntur Spinning Mills Pvt. Ltd. was established in 2006 and has seen expansions in its operations, including an increase to 32,880 spindles by 2015 and upgrades to advanced systems by 2020. A total of 15 tons of yarn is produced daily, focusing on varieties such as carded, combed, hosiery, and compact yarns. Sustainability is addressed through renewable energy initiatives, while quality is maintained via autolevelled processes and customer feedback integration. The company is situated in Guntur, Andhra Pradesh, with efforts directed towards on-time delivery and competitive pricing to support industry standards.
Guntur Spinning Mills offers Carded Yarn and Combed Yarn.
Guntur Spinning Mills operates through Guntur Spinning Mills Private Limited.
The legal entities of Guntur Spinning Mills currently have 5 directors, including Sarvani Mamidipaka, Venkata Srinivasa Rao Mamidipaka, Mamidipaka Maneesha and others.