Sivakumar Spinning Mills Private Limited
About Sivakumar Spinning Mills Private Limited
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Sivakumar Spinning Mills Private Limited is a private limited company based in Tirunelveli, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 August 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN1974PTC006680. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.47 Cr. It is led by directors including Kondama Venkadasmy Rajendran Kowsigan (Managing Director) and Thirupathi Navaneethakrishnan (Director Appointed In Casual Vacancy).
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Shankar Nagar P.O. Taraiyathu Tiruneveli. Tamilnadu, Tirunelveli, Tamil Nadu, India – 627357.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.28 Lakh. For the same year it recorded a net loss of ₹1.51 Cr and EBITDA of -₹1.29 Cr. Revenue has declined at a compounded annual rate (CAGR) of 73% over three years.
As per MCA filings, the company has open charges of ₹22.27 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Sivakumar Spinning Mills Private Limited's registered office is in Tirunelveli, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShankar Nagar P.O. Taraiyathu Tiruneveli. Tamilnadu, Tirunelveli, Tamil Nadu, India – 627357
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sivakumar 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
Business activity
The main business activity of Sivakumar Spinning Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sivakumar Spinning Mills Private Limited, buy the company report.
Financials of Sivakumar Spinning Mills Private Limited
FY 2018 filings availableSivakumar Spinning Mills Private Limited reported revenue of ₹2.28 Lakh for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over three years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.28 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.29 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.51 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Sivakumar Spinning Mills Private Limited, buy the company report.
Board of directors of Sivakumar Spinning Mills Private Limited
Sivakumar Spinning Mills has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kondama Venkadasmy Rajendran Kowsigan Also directs: Auroknit Exports (India) Limited | Managing Director | 29 Sep 2000 | 26 Years 1 Months | Current |
| Thirupathi Navaneethakrishnan | Director Appointed In Casual Vacancy | 23 Dec 2005 | 20 Years 10 Months | Current |
| Deivanayagam Kandiah | Director | 28 Sep 1998 | 28 Years 1 Months | Current |
| Rajenthiran Ramya Devi | Additional Director | 18 Aug 2003 | 23 Years 2 Months | Current |
| Mathavan Pitchiah | Director | 02 Mar 2007 | 19 Years 8 Months | Current |
Peer comparison
Sivakumar Spinning Mills Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JSP Textiles Private Limited | ₹2.29 Lakh (FY 2024) | 20.0% | Chennai, Tamil Nadu, India | |||
| Sivakumar Spinning Mills Private Limitedthis company | ₹2.28 Lakh (FY 2018) | -₹1.51 Cr | Tirunelveli, Tamil Nadu, India | |||
| Shree Bhairav Bhoorachna Developers Private Limited | ₹2.28 Lakh (FY 2025) | -87.0% | Bhiwandi, Maharashtra, India | |||
| Technocraft Specialty Yarns Limited | ₹2.27 Lakh (FY 2025) | -71.0% | Mumbai, Maharashtra, India | |||
| Yamuna Industries Ltd | ₹2.27 Lakh (FY 2025) | -99.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sivakumar Spinning Mills Private Limited, buy the company report.
Auditor
Sivakumar Spinning Mills Private Limited is audited by KRISHNAN & RAMAN for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHNAN & RAMAN | FY 2018 | 001515S |
Shareholding
The shareholding of Sivakumar Spinning Mills Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sivakumar Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2013 | 10450089 | Others | ₹4.26 Cr | Open | |
| 19 Jun 2009 | 10169664 | Others | ₹4.26 Cr | Open | |
| 31 Dec 2005 | 90289905 | Sundaram Finance Limited | ₹12.31 Lakh | Open | |
| 10 Jan 2005 | 90303349 | Others | ₹4.26 Cr | Open | |
| 21 Jan 2004 | 90298325 | Others | ₹4.26 Cr | Open |
To see the full charge records of Sivakumar Spinning Mills Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Sivakumar Spinning Mills Private Limited has 10 court cases on record: 8 filed by Sivakumar Spinning Mills, 2 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 2 | 2 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed against the company | Pending |
| High Court, TAMIL NADU | Court case (WAMP) | Filed by the company against The State of Tamilnadu Rept.By | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
| High Court, TAMIL NADU | Court case (SUB APPL) | Filed by the company against individuals | Disposed |
| High Court | Court case (CONT P) | Filed by the company against individuals | Disposed |
To see the full case history of Sivakumar 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 Sivakumar Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sivakumar 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 Sivakumar Spinning Mills Private Limited, buy the company report.
Recent activity
Sivakumar Spinning Mills Private Limited has 8 board changes on record since 1998: 5 appointments and 3 cessations. The latest: Kandaya Deivanayagam ceased to be Director on 13 Apr 2007.
16 earlier events are in the company report.
Frequently asked questions
Sivakumar Spinning Mills is an active private limited company based in Tirunelveli, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 August 1974 (52+ years old) and is registered under CIN U17111TN1974PTC006680.
Sivakumar Spinning Mills has 5 current directors:
- Kondama Venkadasmy Rajendran Kowsigan - Managing Director
- Thirupathi Navaneethakrishnan - Director Appointed In Casual Vacancy
- Deivanayagam Kandiah - Director
- Rajenthiran Ramya Devi - Additional Director
- Mathavan Pitchiah - Director
The latest financial statements of Sivakumar Spinning Mills on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Sivakumar Spinning Mills has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sivakumar Spinning Mills is U17111TN1974PTC006680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sivakumar Spinning Mills has 10 court cases on record: 8 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Sivakumar Spinning Mills was incorporated on 03 August 1974, making it 52+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sivakumar Spinning Mills by revenue are JSP Textiles Private Limited, Shree Bhairav Bhoorachna Developers Private Limited, Technocraft Specialty Yarns Limited, Yamuna Industries Ltd, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kandaya Deivanayagam ceased to be Director on 13 Apr 2007. Kandiah Shanmugavelayutham ceased to be Director on 13 Apr 2007. Rengasamy Balaraman ceased to be Director on 13 Apr 2007. Sivakumar Spinning Mills has 8 board changes on record in total.
The registered office of Sivakumar Spinning Mills is at Shankar Nagar P.O. Taraiyathu Tiruneveli. Tamilnadu, Tirunelveli, Tamil Nadu, India – 627357.
Sivakumar Spinning Mills operates in the manufacturing industry, in the textile and fabric production segment.
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