Sundaram Textiles Private Limited Company Logo

Sundaram Textiles Private Limited - Company Profile

It is a manufacturing private limited company based in Madurai, Tamil Nadu, India, established in 1960.

1960 | Madurai, Tamil Nadu, India | Active
Last Updated:

About Sundaram Textiles Private Limited

Sundaram Textiles Private Limited, a active private limited company, was established on 30 November 1960 in Madurai, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TN1960PTC004340. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹8.50 M and a paid-up capital of ₹4.50 M.

Formerly known as Sundaram Textiles Limited. It upholds a compliant status. Employing 658 professional, Its leadership includes Mridula Ramesh (Whole-Time Director), Ramesh Soumini (Managing Director), Krishnamachari Srinivasan (Director). Past directors included Thiagarajan Kannan, Krishna Ramesh, Guruswami Somasundaram. It holds ₹50.39 Cr open charges and ₹117.38 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Tsc 47, Maruthur Road, Tekkutheru Post, Melur Tk,, Madurai, Tamil Nadu, 625122.

Company Details

  • CIN/LLPIN

    U17111TN1960PTC004340

  • Registration Number

    004340

  • Incorporation Date

    30 November 1960

  • Authorized Capital

    ₹8.50 M

  • Paid-Up Capital

    ₹4.50 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 8.50 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 64 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.39 Cr
  • Satisfied Charges ₹ 117.38 Cr
  • Revenue Growth -7.30%
  • Profit Growth -75.61%
  • Ebitda -61.92%
  • Net Worth 6.96%
  • Total Assets -0.18%
Company report

Sundaram Textiles Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Sundaram Textiles Private 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 Sundaram Textiles Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Mridula RameshWhole-Time Director10 Mar 2006Current
Ramesh SouminiManaging Director20 Sep 2000Current
Krishnamachari SrinivasanDirector16 Apr 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector06 Apr 2022Past
Pramod AbcsddDirector06 Apr 2022Past
Pramod AbcsddDirector30 Jan 2016Past
Pramod AbcsddDirector02 Feb 2019Past
Pramod AbcsddDirector02 Sep 2015Past
Pramod AbcsddDirector02 Aug 2010Past

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Financial Performance of Sundaram Textiles.

Sundaram Textiles Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.3% decrease. The company also saw a substantial fall in profitability, with a 75.61% decrease in profit. The company's net worth moved up by a moderate rise of 6.96%.

Sundaram Textiles revenue growth over time
Sundaram Textiles profit and loss trends over time
  • 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
-7.30%
Revenue from Operations
-7.87%
Total Assets
-0.18%
Profit or Loss
-75.61%
Net Worth
6.96%
EBITDA
-61.92%

What is the Ownership and Shareholding Structure of Sundaram Textiles?

In 2023, Sundaram Textiles had a promoter holding of 71.59% and a public holding of 28.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹503,946,750.00

Satisfied Charges

₹1,173,793,856.00

Charges Breakdown by Lending Institutions

  • Canara Bank : 47.14 Cr
  • Industrial Development Bank Of India : 1.25 Cr
  • Indian Overseas Bank : 0.50 Cr
  • Indian Overseas Bank : 0.50 Cr
  • Indsutrial Development Bank Of India : 0.50 Cr
  • Others : 0.51 Cr

Latest Charge Details

DateLenderAmountStatus
13 Sep 2019Canara Bank₹2.50 MOpen
21 Jun 2014Canara Bank₹1.98 MOpen
29 Apr 2014Canara Bank₹0.74 MOpen
06 Apr 1992State Bank Of India₹4.94 MOpen
01 Mar 1991Industrial Development Bank Of India₹5.00 MOpen

Explore comprehensive loan charge details -

How Many Employees Work at Sundaram Textiles?

Sundaram Textiles has a workforce of 658 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 growth trends for Sundaram Textiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sundaram Textiles, 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 Sundaram Textiles'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.

Latest Updates, News, and FAQs on Sundaram Textiles

Recent Activity within the Organization

  • Annual General Meeting

    Sundaram Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Sundaram Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Director Appointment

    The activity Krishnamachari Srinivasan was appointed as a Director was appointed as a Director on 16 Apr 2022 & has been associated with this company since 3 years 7 months . was completed.

  • Charges

    A charge with Canara Bank of Rs. 466.15 M registered on 23 Mar 1978 with Charge ID 90293388 was modified on 16 Nov 2021. was recorded as a recent event.

  • Charges

    The activity A charge with Canara Bank amounted to Rs. 2.50 M with Charge ID 100288890 was registered on 13 Sep 2019. was completed.

  • Charges

    Progress on A charge registered on 17 Oct 2007 via Charge ID 10073534 with Canara Bank was fully satisfied on 31 Jan 2019. was documented.

Frequently Asked Questions

  • What is the CIN of Sundaram Textiles Private Limited?

    The CIN of Sundaram Textiles Private Limited is U17111TN1960PTC004340.

  • Where is Sundaram Textiles Private Limited headquartered?

    Sundaram Textiles Private Limited is headquartered at Tsc 47, Maruthur Road, Tekkutheru Post, Melur Tk,, Madurai, Tamil Nadu, 625122.

  • When was Sundaram Textiles Private Limited incorporated?

    Sundaram Textiles Private Limited was incorporated on 30 November 1960.

  • Who are the current directors of Sundaram Textiles Private Limited?

    The current directors of Sundaram Textiles Private Limited are

  • What is the primary industry of Sundaram Textiles Private Limited?

    The primary industry of Sundaram Textiles Private Limited is Manufacturing.

  • Is Sundaram Textiles Private Limited a listed company?

    Sundaram Textiles Private Limited is unlisted.

  • What is the capital structure of Sundaram Textiles Private Limited?

    The authorized capital of Sundaram Textiles Private Limited is ₹8.50 M, and the paid-up capital is ₹4.50 M.

  • What is the compliance status of Sundaram Textiles Private Limited?

    The compliance status of Sundaram Textiles Private Limited is Compliant.

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