Muthulaxmi Spinning Mills Private Limited
About Muthulaxmi Spinning Mills Private Limited
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Muthulaxmi Spinning Mills Private Limited is a private limited company based in Kamarajar Dt, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN1996PTC034208. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Saravanabhavan Shanmugavel (Managing Director) and Saravanabhavan Shanmugavadivel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 73 Mariamman Koil Street Srivilliputtur 626 125 Kamarajar Dt, Tamil Nadu, India – 626125.
As per the financials filed for FY 2015, the company reported a revenue of ₹26.79 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹11.49 Lakh (net margin -0.4%) and EBITDA of ₹1.31 Cr (EBITDA margin 4.9%).
As per MCA filings, the company has open charges of ₹9.54 Cr and satisfied charges of ₹7.29 Cr on record. Court records list 15 cases involving the company, including 15 filed against it; 6 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Muthulaxmi Spinning Mills Private Limited's registered office is in Kamarajar Dt, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address73 Mariamman Koil Street Srivilliputtur 626 125 Kamarajar Dt, Tamil Nadu, India – 626125
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Muthulaxmi Spinning Mills Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Muthulaxmi Spinning Mills Private Limited
FY 2015 filings availableMuthulaxmi Spinning Mills Private Limited reported revenue of ₹26.79 Cr (up 6% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹26.79 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1.31 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹11.49 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 4.9% |
| Net Profit Margin | -0.4% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Muthulaxmi Spinning Mills Private Limited, buy the company report.
Board of directors of Muthulaxmi Spinning Mills Private Limited
Muthulaxmi Spinning Mills has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saravanabhavan Shanmugavadivel | Whole-Time Director | 18 Jan 1996 | 30 Years 9 Months | Current |
| Saravanabhavan Sivashanmugavel | Whole-Time Director | 18 Jan 1996 | 30 Years 9 Months | Current |
| Saravanabhavan Kaliammal | Director | 18 Jan 1996 | 30 Years 9 Months | Current |
| Saravanabhavan Shanmugavel | Managing Director | 18 Jan 1996 | 30 Years 9 Months | Current |
Auditor
Muthulaxmi Spinning Mills Private Limited is audited by NARAYANASAMY & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARAYANASAMY & ASSOCIATES | FY 2015 | 002401S |
Shareholding
The shareholding of Muthulaxmi Spinning Mills Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Muthulaxmi Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2017 | 100081927 | Others | ₹75 Lakh | Open | |
| 29 Sep 2010 | 10244563 | Bank of Baroda | ₹8.62 Cr | Open | |
| 03 Dec 1998 | 90283876 | The Srivilliputtur Co-Op. Urban Bank Ltd. | ₹17 Lakh | Open | |
| 01 Nov 2002 | 90283182 | State Bank of India | ₹7.29 Cr | Satisfied |
To see the full charge records of Muthulaxmi Spinning Mills Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Muthulaxmi Spinning Mills Private Limited has 15 court cases on record: 15 filed against it. 6 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 12 | 5 |
| District courts | 3 | 3 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, HAVERI, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Court case (CRL A(MD)) | Filed against the company by M/S.Vinayak Cotton Agencies | Pending |
| High Court, TAMIL NADU | Court case (CRL A(MD)) | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Court case (CRL A(MD)) | Filed against the company by M/S. Vinayak Cotton Agencies | Pending |
| High Court, TAMIL NADU | Court case (CRL OP(MD)) | Filed against the company by M/S. Vinayak Cotton Agencies | Disposed |
To see the full case history of Muthulaxmi Spinning Mills Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Muthulaxmi Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Muthulaxmi Spinning Mills has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Muthulaxmi Spinning Mills Private Limited, buy the company report.
Recent activity
Muthulaxmi Spinning Mills Private Limited has 4 board changes on record since 1996: 4 appointments. The latest: Saravanabhavan Kaliammal was appointed as Director on 18 Jan 1996.
3 earlier events are in the company report.
Frequently asked questions
Muthulaxmi Spinning Mills is an active private limited company based in Kamarajar Dt, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 January 1996 (30+ years old) and is registered under CIN U17111TN1996PTC034208.
Muthulaxmi Spinning Mills has 4 current directors:
- Saravanabhavan Shanmugavel - Managing Director
- Saravanabhavan Shanmugavadivel - Whole-Time Director
- Saravanabhavan Sivashanmugavel - Whole-Time Director
- Saravanabhavan Kaliammal - Director
The latest financial statements of Muthulaxmi Spinning Mills on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Muthulaxmi Spinning Mills has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Muthulaxmi Spinning Mills is U17111TN1996PTC034208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muthulaxmi Spinning Mills has 15 court cases on record: 15 filed against it. 6 are pending. Most are in the high courts.
Muthulaxmi Spinning Mills was incorporated on 18 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.
Saravanabhavan Kaliammal was appointed as Director on 18 Jan 1996. Saravanabhavan Shanmugavadivel was appointed as Whole-Time Director on 18 Jan 1996. Saravanabhavan Shanmugavel was appointed as Managing Director on 18 Jan 1996. Muthulaxmi Spinning Mills has 4 board changes on record in total.
The registered office of Muthulaxmi Spinning Mills is at 73 Mariamman Koil Street Srivilliputtur 626 125 Kamarajar Dt, Tamil Nadu, India – 626125.
Muthulaxmi Spinning Mills operates in the manufacturing industry, in the textile and fabric production segment.
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