Sitalakshmi Mills Limited - Company Profile

It is a manufacturing public limited company based in Madurai, Tamil Nadu, India, established in 1956.
1956 Madurai, Tamil Nadu, India Active
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About Sitalakshmi Mills Limited

Sitalakshmi Mills Limited, a active public limited company, was established on 17 March 1956 in Madurai, Tamil Nadu, India. Engaging in textile & fabric production within the real estate sector, it holds CIN: U17111TN1956PLC003364. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹15.50 Cr.

It upholds a compliant status. Its leadership includes Rohit Kanodia (Managing Director), Santosh Kumar Kanodia (Director), Rahul Kanodia (Cfo). Past directors included Rohit Kanodia, Manojkumar Prem Chand, Santosh Kumar Kanodia. It holds ₹8.07 Cr open charges and ₹46.75 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2024. It is based at D.No.19-A, Veeraragavaperumal Street, Thirunagar, Madurai, Tamil Nadu, 625006.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17111TN1956PLC003364

  • Registration Number

    003364

  • Incorporation Date

    17 March 1956

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹15.50 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 15.50 Cr
  • Company Age 69 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.07 Cr
  • Satisfied Charges ₹ 46.75 Cr
  • Revenue Growth **** -53.49%
  • Profit Growth **** -175.84%
  • Ebitda **** -9.21%
  • Net Worth -3.47%
  • Total Assets -3.58%
Company report

Sitalakshmi Mills Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sitalakshmi 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 Sitalakshmi Mills Limited?
Current Directors
Name Designation Appointment Date Status
Rohit Kanodia Managing Director 23 Sep 2010 Current
Santosh Kumar Kanodia Director 27 Feb 2008 Current
Rahul Kanodia Cfo 02 Aug 2021 Current
Govindkumargupta Director 30 Nov 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 18 Mar 2020 Past
Pramod Abcsdd Director 23 Sep 2010 Past
Pramod Abcsdd Cfo(Kmp) 11 Oct 2019 Past
Pramod Abcsdd Director 24 Dec 2020 Past
Pramod Abcsdd Director 01 Mar 2008 Past
Pramod Abcsdd Director 07 Sep 2019 Past

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Financial Performance of Sitalakshmi Mills.

Sitalakshmi Mills Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.49% decrease. The company also saw a substantial fall in profitability, with a 175.84% decrease in profit. The company's net worth dipped by a decrease of 3.47%.

Sitalakshmi Mills revenue growth over time
Sitalakshmi Mills profit and loss trends over time
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
  • 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
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 -53.49%
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Revenue from Operations
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Total Assets
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 -3.58%
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Profit or Loss
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 -175.84%
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Net Worth
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 -3.47%
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EBITDA
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 -9.21%
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What is the Ownership and Shareholding Structure of Sitalakshmi Mills?

In 2023, Sitalakshmi Mills had a promoter holding of 68.89% and a public holding of 31.11%. 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)
shareholding
  • 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

₹80,663,595.00

Satisfied Charges

₹467,505,666.00

Charges Breakdown by Lending Institutions
  • Industrial Development Bank Of India : 2.48 Cr
  • The Industrial Credit & Investment Corporation India Ltd : 2.00 Cr
  • Industrial Development Bank Of India : 1.00 Cr
  • The Industrial Credit & Investment Corporation Of India Ltd : 0.96 Cr
  • The Standard Chartered Bank : 0.50 Cr
  • Others : 1.13 Cr
Latest Charge Details
Date Lender Amount Status
01 Mar 1995 The Industrial Credit & Investment Corporation India Ltd ₹2.00 Cr Open
22 Feb 1993 Industrial Development Bank Of India ₹1.87 Cr Open
15 Mar 1991 The Industrial Credit & Investment Corporation Of India Ltd ₹3.60 M Open
26 Oct 1990 Industrial Development Bank Of India ₹1.00 Cr Open
03 Aug 1989 The Industrial Credit & Investment Corporation Of India Ltd ₹6.00 M Open

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How Many Employees Work at Sitalakshmi Mills?

Sitalakshmi Mills has a workforce of 0 employees as of Apr 05, 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
Deals i
Graph showing company valuation over time

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

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Latest Updates, News, and FAQs on Sitalakshmi Mills
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Sitalakshmi Mills Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Sitalakshmi Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Director Appointment

    The activity Govindkumargupta was appointed as a Director was appointed as a Director on 30 Nov 2021 & has been associated with this company since 4 years 2 months . was completed.

  • Director Appointment

    The activity Rahul Kanodia was appointed as a CFO was appointed as a CFO on 02 Aug 2021 & has been associated with this company since 4 years 6 months . was completed.

  • Director Appointment

    Ankit Kumar was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2021 & has been associated with this company since 4 years 8 months . was recorded as a recent event.

  • Director Appointment

    The activity Rahul Kanodia was appointed as a CFO was appointed as a CFO on 24 Dec 2020 & has been associated with this company since 5 years 2 months . was completed.

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Frequently Asked Questions
What is the CIN of Sitalakshmi Mills Limited?

The CIN of Sitalakshmi Mills Limited is U17111TN1956PLC003364.

Where is Sitalakshmi Mills Limited headquartered?

Sitalakshmi Mills Limited is headquartered at D.No.19-A, Veeraragavaperumal Street, Thirunagar, Madurai, Tamil Nadu, 625006.

When was Sitalakshmi Mills Limited incorporated?

Sitalakshmi Mills Limited was incorporated on 17 March 1956.

Who are the current directors of Sitalakshmi Mills Limited?

The current directors of Sitalakshmi Mills Limited are

What is the primary industry of Sitalakshmi Mills Limited?

The primary industry of Sitalakshmi Mills Limited is Real Estate.

Is Sitalakshmi Mills Limited a listed company?

Sitalakshmi Mills Limited is unlisted.

What is the capital structure of Sitalakshmi Mills Limited?

The authorized capital of Sitalakshmi Mills Limited is ₹20.00 Cr, and the paid-up capital is ₹15.50 Cr.

What is the compliance status of Sitalakshmi Mills Limited?

The compliance status of Sitalakshmi Mills Limited is Compliant.

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