Sree Saraswathi Mills Limited
About Sree Saraswathi Mills Limited
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Sree Saraswathi Mills Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 13 July 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN1961PLC004535. Its GSTIN is 37AAACS8543B2ZG (Andhra Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Sankaranarayanan Mariappa Pillai and Narayanan Shanmugasundaram.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.73 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.8 Lakh (net margin 24.2%) and EBITDA of ₹11.09 Lakh (EBITDA margin 70.5%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 14% over five years.
Court records list 50 cases involving the company, including 40 filed by the company and 10 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sree Saraswathi Mills has one previous CIN (Corporate Identification Number): L17111TN1961PLC004535. The current CIN is U17111TN1961PLC004535, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111TN1961PLC004535 | Current |
| L17111TN1961PLC004535 | Previous |
Contact details
Sree Saraswathi Mills Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 23/11, Basha Street, Chennai, Tamil Nadu, India – 600094
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of Sree Saraswathi Mills 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 Sree Saraswathi Mills Limited
FY 2025 filings availableSree Saraswathi Mills Limited reported revenue of ₹15.73 Lakh (up 739% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 739% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA rose 106% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹11.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.8 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.5% | ||||
| Net Profit Margin | 24.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Sree Saraswathi Mills Limited, buy the company report.
Board of directors of Sree Saraswathi Mills Limited
Sree Saraswathi Mills has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sankaranarayanan Mariappa Pillai Also directs: Knowledge Base Consulting Services Private Limited | Director | 19 Jan 2009 | 17 Years 9 Months | Current |
| Shanmugasundaram Narayanan Also directs: Social Restaurants Private Limited | Additional Director | 02 Aug 2016 | 10 Years 3 Months | Current |
| Narayanan Shanmugasundaram | Director | 19 Jan 2009 | 17 Years 9 Months | Current |
Peer comparison
Sree Saraswathi Mills Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Girna Textiles Private Limited | ₹15.76 Lakh (FY 2025) | 17.0% | Dhule, Maharashtra, India | |||
| Sree Saraswathi Mills Limitedthis company | ₹15.73 Lakh (FY 2025) | ₹3.8 Lakh | 24.2% | 739.0% | Chennai, Tamil Nadu, India | |
| Jagdish Textiles Private Limited | ₹15.73 Lakh (FY 2025) | -22.0% | Mumbai, Maharashtra, India | |||
| Shevaroys Textiles Private Limited | ₹15.71 Lakh (FY 2022) | 1262.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of Sree Saraswathi Mills Limited, buy the company report.
Auditor
Sree Saraswathi Mills Limited is audited by E HEMANADHAN & K SRIDHAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E HEMANADHAN & K SRIDHAR | FY 2017 | 012585S |
Shareholding
The shareholding of Sree Saraswathi Mills 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 Sree Saraswathi Mills Limited, buy the company report.
Legal cases
Sree Saraswathi Mills Limited has 50 court cases on record: 40 filed by Sree Saraswathi Mills, 10 filed against it. 5 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 49 | 9 | 5 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed against the company by Sriji Foundations Private Ltd | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Federal Bank of India Ltd and 3 others | Disposed |
| Madras High Court | Writ petition | Filed by the company against The Centralprovident Fund | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Centralprovident Fund | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against individuals | Pending |
To see the full case history of Sree Saraswathi Mills 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 Sree Saraswathi Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sree Saraswathi Mills has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACS8543B2ZG | Andhra Pradesh | Active | 01 Jan 2018 |
To see the full GST registrations and return filing status of Sree Saraswathi Mills Limited, buy the company report.
Recent activity
Sree Saraswathi Mills Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Shanmugasundaram Narayanan was appointed as Additional Director on 02 Aug 2016.
Frequently asked questions
Sree Saraswathi Mills is an active public limited company based in Chennai, Tamil Nadu, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 13 July 1961 (65+ years old) and is registered under CIN U17111TN1961PLC004535.
Sree Saraswathi Mills has 3 current directors:
- Sankaranarayanan Mariappa Pillai - Director
- Shanmugasundaram Narayanan - Additional Director
- Narayanan Shanmugasundaram - Director
The latest financial statements of Sree Saraswathi Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sree Saraswathi Mills is 37AAACS8543B2ZG, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sree Saraswathi Mills is U17111TN1961PLC004535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sree Saraswathi Mills has 50 court cases on record: 40 filed by the company and 10 filed against it. 5 are pending. Most are in the high courts.
Sree Saraswathi Mills was incorporated on 13 July 1961, making it 65+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sree Saraswathi Mills by revenue are Girna Textiles Private Limited, Jagdish Textiles Private Limited, Shevaroys Textiles Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Shanmugasundaram Narayanan was appointed as Additional Director on 02 Aug 2016. Shanmugasundaram Unnamalai ceased to be Director on 02 Aug 2016. Narayanan Shanmugasundaram was appointed as Director on 19 Jan 2009. Sree Saraswathi Mills has 4 board changes on record in total.
The registered office of Sree Saraswathi Mills is at No. 2311, Basha Street, Chennai, Tamil Nadu, India – 600094.
Sree Saraswathi Mills operates in the apparel and fashion industry, in the leather segment.
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