Kandagiri Spinning Mills Limited - Company Profile

It is a manufacturing public limited company based in Salem, Tamil Nadu, India, established in 1976.

1976 Salem, Tamil Nadu, India Active

Last Updated: January 08, 2026

About Kandagiri Spinning Mills Limited

Kandagiri Spinning Mills Limited, a active public limited company, was established on 05 May 1976 in Salem, Tamil Nadu, India. Engaging in textile & fabric production within the trade sector, it holds CIN: L17111TZ1976PLC000762. Registered under ROC Roc Coimbatore. it is listed on BSE: 521242. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.85 Cr.

Formerly known as The Ammapet Sizing Mills Limited, The Ammapet Sizing Mills Private Limited. It upholds a compliant status. Employing 168 professional, Its leadership includes Umashankar Manojkumar (Whole-Time Director), Sarayu (Director), Nattery Srinivasan Poornima (Director). Past directors included Ramarathnam Ramachandran, Umashankar Manojkumar, Subramaniam Gnanashekaran. It holds no open charges and ₹388.72 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Post Box No 3, Udayapatti,, Salem, Tamil Nadu, 636140.

Company Details

CIN/LLPIN
L17111TZ1976PLC000762
Registration Number
000762
Incorporation Date
05 May 1976
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹3.85 Cr
ROC Code
Roc Coimbatore
Listing Status
Listed (BSE: 521242)
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 08-01-2026
Paid Up Capital ₹ 3.85 Cr as on 08-01-2026
Company Age 49 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 388.72 Cr as on 08-01-2026
Revenue Growth **** -22.35% (FY 2023)
Profit Growth **** 455.70% (FY 2023)
Ebitda **** 10.40% (FY 2023)
Net Worth 24.58% (FY 2023)
Total Assets **** 8.01% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Kandagiri Spinning Mills Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Kandagiri Spinning Mills Limited?

Current Directors

Name	Designation	Appointment Date	Status
Umashankar Manojkumar	Whole-Time Director	08 Aug 2025	Current
Sarayu	Director	09 Feb 2020	Current
Nattery Srinivasan Poornima	Director	08 Aug 2024	Current
Somasundaram Elangovan	Director	18 Jun 2020	Current
Sigamani Sivakumar	Managing Director	14 Feb 2024	Current
Adinarayana Sripathy Kumar	Director	08 Aug 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	12 Aug 2017	Past
Pramod Abcsdd	Additional Director	28 Sep 2025	Past
Pramod Abcsdd	Director	17 Jun 2020	Past
Pramod Abcsdd	Additional Director	23 Sep 2020	Past
Pramod Abcsdd	Additional Director	12 Aug 2017	Past
Pramod Abcsdd	Additional Director	27 Sep 2024	Past

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Financial Performance of Kandagiri Spinning Mills.

Kandagiri Spinning Mills Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.35% decrease. The company also saw a substantial improvement in profitability, with a 455.7% increase in profit. The company's net worth Soared by an impressive increase of 24.58%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-22.35%

*******

Revenue from Operations

*******

-61.38%

*******

Total Assets

*******

8.01%

*******

Profit or Loss

*******

455.70%

*******

Net Worth

*******

24.58%

*******

EBITDA

*******

10.40%

*******

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What is the Ownership and Shareholding Structure of Kandagiri Spinning Mills?

In 2023, Kandagiri Spinning Mills had a promoter holding of 64.93% and a public holding of 35.07%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3,887,177,072.00

Charges Breakdown by Lending Institutions

State Bank Of India : 197.60 Cr
Karnataka Bank Ltd. : 94.58 Cr
Karnataka Bank Limited : 26.75 Cr
Others : 19.99 Cr
Icici Limited : 13.50 Cr
Others : 36.30 Cr

Latest Charge Details

Date	Lender	Amount	Status
21 Mar 2020	Others	₹19.99 Cr	Satisfied
31 Dec 2014	Karnataka Bank Ltd.	₹5.00 Cr	Satisfied
28 Jun 2014	Karnataka Bank Ltd.	₹20.00 Cr	Satisfied
02 Jan 2014	Karnataka Bank Limited	₹2.00 Cr	Satisfied
03 Apr 2013	Axis Bank Limited	₹2.60 Cr	Satisfied

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How Many Employees Work at Kandagiri Spinning Mills?

Kandagiri Spinning Mills has a workforce of 168 employees as of Apr 01, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Kandagiri 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 Kandagiri Spinning Mills'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.

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Latest Updates, News, and FAQs on Kandagiri Spinning Mills

Recent Activity within the Organization

Annual General Meeting

Progress on Kandagiri Spinning Mills Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was documented.
29 Sep 2025
Director Appointment

The activity Manoj Kumar Maurya was appointed as a Cfo was appointed as a Cfo on 28 Aug 2025 & has been associated with this company since 6 months 1 day . was completed.
28 Aug 2025
Director Appointment

The activity Umashankar Manojkumar was appointed as a Whole-time director was appointed as a Whole-time director on 08 Aug 2025 & has been associated with this company since 6 months 21 days . was completed.
08 Aug 2025
Director Appointment

Progress on Adinarayana Sripathy Kumar was appointed as a Director was appointed as a Director on 08 Aug 2025 & has been associated with this company since 6 months 21 days . was documented.
08 Aug 2025
Director Appointment

Progress on Raghunanthan Raveendran was appointed as a Director was appointed as a Director on 08 Aug 2025 & has been associated with this company since 6 months 21 days . was documented.
08 Aug 2025
Balance Sheet

The activity Kandagiri Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was completed.
31 Mar 2025

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