Southern Structurals Limited
About Southern Structurals Limited
Data last updated:
Southern Structurals Limited was a public limited state government company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the railway infrastructure development segment of the infrastructure and utilities sector. It was incorporated on 17 October 1956.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U28112TN1956SGC003447.
The company had an authorised share capital of ₹35 Cr and a paid-up capital of ₹34.54 Cr. It was led by directors including Arun Roy Vijayakrishnan (Managing Director) and Sivakumaran Arumugam.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Cth Road Pattabiram, Chennai, Tamil Nadu, India – 600072.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.31 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹14.32 Cr and EBITDA of -₹1.27 Cr. Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
As per MCA filings, the company had satisfied charges of ₹72.54 Cr on record. Court records list 32 cases involving the company, including 12 filed by the company and 20 filed against it; 5 cases are pending.
Company details
CIN history
Southern Structurals has one previous CIN (Corporate Identification Number): U28112TN1956PLC003447. The current CIN is U28112TN1956SGC003447, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28112TN1956SGC003447 | Current |
| U28112TN1956PLC003447 | Previous |
Contact details
Southern Structurals Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCth Road Pattabiram, Chennai, Tamil Nadu, India – 600072
- IndustryInfrastructure and Utilities, Railway Infrastructure Development
To see the full contact details of Southern Structurals 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 Southern Structurals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Southern Structurals Limited, buy the company report.
Financials of Southern Structurals Limited
FY 2019 filings availableSouthern Structurals Limited reported revenue of ₹3.31 Lakh (down 38% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over three years, including a 38% fall in the latest year. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.32 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 2018-19 | 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 Southern Structurals Limited, buy the company report.
Board of directors of Southern Structurals Limited
Southern Structurals has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Roy Vijayakrishnan | Managing Director | 04 Sep 2018 | 8 Years 2 Months | As last reported |
| Sivakumaran Arumugam | Director | 17 Jul 2018 | 8 Years 3 Months | As last reported |
| Velayudhanpilla Madhavan Nair | Director | 11 May 1994 | 32 Years 6 Months | As last reported |
Auditor
Southern Structurals Limited is audited by KURIACHAN & NOVA for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KURIACHAN & NOVA | FY 2016 | 006064S |
Shareholding
The shareholding of Southern Structurals Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Southern Structurals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2000 | 90297859 | Indian Bank | ₹42.03 Cr | Satisfied | |
| 13 May 1989 | 90297482 | National Thermal Power Corporation Ltd. | ₹5.15 Lakh | Satisfied | |
| 24 Nov 1987 | 90297450 | Indian Bank | ₹24.21 Cr | Satisfied | |
| 23 Dec 1986 | 90297429 | Indian Bank | ₹5.25 Cr | Satisfied | |
| 16 Mar 1985 | 90297427 | Industrial Finance Corporation of Indian | ₹1 Cr | Satisfied |
To see the full charge records of Southern Structurals Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Southern Structurals Limited has 32 court cases on record: 12 filed by Southern Structurals, 20 filed against it. 5 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 16 | 3 |
| NCLAT | 4 | 0 | 2 |
| District courts | 3 | 3 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S Madhucon Projects Ltd., | Pending |
| High Court, TAMIL NADU | Original application | Filed against the company by M/S Madhucon Projects Ltd., | Disposed |
| NCLAT, NCLAT Chennai | Company appeal | Filed by the company against Registrar of Companies and 1 other | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against Income Tax Officer and 1 other | Pending |
| High Court, TAMIL NADU | Court case (COMP.A) | Filed by the company against an individual | Pending |
To see the full case history of Southern Structurals 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 Southern Structurals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Southern Structurals Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Southern Structurals Limited has 18 board changes on record since 1994: 3 appointments and 15 cessations. The latest: Muthusamy Chandrasekar ceased to be Director on 30 Sep 2019.
22 earlier events are in the company report.
Frequently asked questions
Southern Structurals has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Southern Structurals was a public limited state government company based in Chennai, Tamil Nadu, India. The company worked in railway infrastructure development, within the infrastructure and utilities industry. It was incorporated on 17 October 1956 and is registered under CIN U28112TN1956SGC003447. The company has been struck off by the Registrar of Companies and is no longer operational.
Southern Structurals had 3 directors:
- Arun Roy Vijayakrishnan - Managing Director
- Sivakumaran Arumugam - Director
- Velayudhanpilla Madhavan Nair - Director
The CIN (Corporate Identification Number) of Southern Structurals is U28112TN1956SGC003447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Southern Structurals is at Cth Road Pattabiram, Chennai, Tamil Nadu, India – 600072.
Southern Structurals was incorporated on 17 October 1956. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Southern Structurals on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Southern Structurals operated in the infrastructure and utilities industry, in the railway infrastructure development segment. It worked in this industry before it was struck off.
Southern Structurals has 32 court cases on record: 12 filed by the company and 20 filed against it. 5 are pending. Most are in the high courts.
Muthusamy Chandrasekar ceased to be Director on 30 Sep 2019. Thangavel Velmurugan ceased to be Director on 28 Mar 2019. Arun Roy Vijayakrishnan was appointed as Managing Director on 04 Sep 2018. Southern Structurals has 18 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
