About Suryajyoti Spinning Mills Ltd
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Suryajyoti Spinning Mills Ltd is a public limited company based in Telangana, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 May 1983.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L18100TG1983PLC003961. Its GSTIN is 36AADCS0822L4ZA (Telangana). The company holds 4 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 08 Aug 2018 · compulsory delisting and from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹19.66 Cr. It is led by directors Arun Kumar Agarwal (Whole-Time Director) and Hamlata Devi.
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 Burgul Village Farooqnagarmandal Mahabubnagar District 509202 Ap, Telangana, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹82.34 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹60.9 Cr (net margin -74%) and EBITDA of -₹44.33 Cr (EBITDA margin -53.8%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
The company is associated with 1 brand: Suryajyoti. As per MCA filings, the company has open charges of ₹772.41 Cr and satisfied charges of ₹62.06 Cr on record. Court records list 56 cases involving the company, including 6 filed by the company and 50 filed against it; 12 cases are pending. The company has 62 deals on record (54 market trades, 8 funding rounds), with disclosed funding of ₹39.58 Cr; the latest was in November 2014. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Dhansmruti Textiles Private Limited with revenue of ₹82.76 Cr.
The last known website on record is suryajyoti.com.
Company details
CIN history
Suryajyoti Spinning Mills has one previous CIN (Corporate Identification Number): L18100AP1983PLC003961. The current CIN is L18100TG1983PLC003961, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L18100TG1983PLC003961 | Current |
| L18100AP1983PLC003961 | Previous |
Contact details
Suryajyoti Spinning Mills Ltd's registered office is in Telangana. Its website is suryajyoti.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressBurgul Village Farooqnagarmandal Mahabubnagar District 509202 Ap, Telangana, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Suryajyoti Spinning Mills Ltd, 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
Brands
Suryajyoti Spinning Mills operates one associated brand: Suryajyoti. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fabrics are manufactured by Suryajyoti in Secunderabad, India. | suryajyoti.com |
Financials of Suryajyoti Spinning Mills Ltd
FY 2018 filings availableSuryajyoti Spinning Mills Ltd reported revenue of ₹82.34 Cr (down 35% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 35% fall in the latest year. EBITDA rose 60% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹82.34 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹44.33 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹60.9 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 | -53.8% | |||
| Net Profit Margin | -74% | |||
| 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 Suryajyoti Spinning Mills Ltd, buy the company report.
Board of directors of Suryajyoti Spinning Mills Ltd
Suryajyoti Spinning Mills has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hamlata Devi | Director | 21 Nov 2016 | 9 Years 11 Months | As last reported |
| Arun Kumar Agarwal Also directs: Pangea Fabrics India Private Limited | Whole-Time Director | 16 Aug 1996 | 30 Years 2 Months | As last reported |
Peer comparison
Suryajyoti Spinning Mills Ltd is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Dhansmruti Textiles Private Limited | ₹82.76 Cr (FY 2024) | -16.0% | Pune, Maharashtra, India | |||
| Panav Textiles Private Limited | ₹82.56 Cr (FY 2025) | 20.0% | Shirpur, Maharashtra, India | |||
| Seyyon Hi-Tech Poly Fabs Private Limited | ₹82.47 Cr (FY 2023) | -13.0% | Erode, Tamil Nadu, India | |||
| Sunlord Apparels Manufacturing Company Private Limited | ₹82.44 Cr (FY 2025) | 46.0% | Delhi, India | |||
| Suryajyoti Spinning Mills Ltdthis company | ₹82.34 Cr (FY 2018) | -₹60.9 Cr | -74% | -35.0% | Telangana, India | |
| Aruppukottai Shri Ramalinga Spinners Private Limited | ₹82.23 Cr (FY 2025) | 7.0% | Aruppukkottai, Tamil Nadu, India | |||
| Tulsi Cloth Processors Private Limited | ₹82.23 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Prachi Mittal Creations Private Limited | ₹82.2 Cr (FY 2025) | 9.0% | Surat, Gujarat, India | |||
| Spads Polyplast Products Private Limited | ₹82.07 Cr (FY 2025) | -12.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Suryajyoti Spinning Mills Ltd, buy the company report.
Auditor
Suryajyoti Spinning Mills Ltd is audited by ATHOTA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATHOTA & CO | FY 2018 | 004828S |
Shareholding
The shareholding of Suryajyoti Spinning Mills Ltd is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Suryajyoti Spinning Mills Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2013 | 10438501 | Sbicap Trustee Company Limited | ₹311.08 Cr | Open | |
| 22 Feb 2012 | 10339049 | Idbi Bank Limited | ₹12 Cr | Open | |
| 05 Jan 2012 | 10332767 | State Bank of Hyderabad | ₹38.5 Cr | Open | |
| 24 Sep 2009 | 10177662 | Indian Overseas Bank | ₹54.55 Cr | Open | |
| 04 Feb 2009 | 10144779 | Idbi Bank Limited | ₹12 Cr | Open |
To see the full charge records of Suryajyoti Spinning Mills Ltd, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Suryajyoti Spinning Mills Ltd has 62 deals on record (54 market trades, 8 funding rounds), with disclosed funding of ₹39.58 Cr; the latest was in November 2014.
Deals on record (5 of 62)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2010 | Market trade | ₹1.28 Cr | Buyer: Crosseas Capital Markets Private Limited , an individual Seller: Crosseas Capital Markets Private Limited , an individual |
| Nov 2010 | Market trade | ₹73.4 Lakh | Buyer: Rajendra Agarwal Huf Seller: Suryajyoti Infotech Limited |
| May 2009 | Market trade | ₹24.6 Lakh | Buyer: Mavi Investment Seller: Sonata Securities Private Limited |
| May 2009 | Market trade | ₹49.9 Lakh | Buyer: Mavi Investment Seller: Crown Securities Private Limited , Bluegold Securities Private Limited |
| Feb 2008 | Market trade | ₹53.4 Lakh | Seller: Bakshu Trading Private Limited |
To see the full deal history of Suryajyoti Spinning Mills Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Suryajyoti Spinning Mills Ltd has 56 court cases on record: 6 filed by Suryajyoti Spinning Mills, 50 filed against it. 12 cases are pending and 44 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 29 | 11 |
| High courts | 25 | 19 | 1 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed against the company by M/S SPP Poly Pack Pvt Ltd. Rep by Mohd. Saleem | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by CHT India Pvt Ltd | Pending |
| District court, Hisar, Haryana | Court case (N ACT) | Filed against the company by Tayal Sons Limited | Pending |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by M/S SPP Poly Pack Pvt Ltd. Rep by Mohd. Saleem | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Southern Power Distribution Company of Telangana Ltd and 1 other | Disposed |
To see the full case history of Suryajyoti Spinning Mills Ltd, 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 Suryajyoti Spinning Mills Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suryajyoti Spinning Mills has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCS0822L4ZA | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suryajyoti Spinning Mills Ltd, buy the company report.
Recent activity
Suryajyoti Spinning Mills Ltd has 24 board changes on record since 1992: 13 appointments and 11 cessations. The latest: Kusheshwar Jha ceased to be Director on 27 Aug 2019.
65 earlier events are in the company report.
Frequently asked questions
Suryajyoti Spinning Mills is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Suryajyoti Spinning Mills is a company under liquidation, formerly operating as a public limited company based in Telangana, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 May 1983 and is registered under CIN L18100TG1983PLC003961. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Suryajyoti Spinning Mills has 2 current directors:
- Arun Kumar Agarwal - Whole-Time Director
- Hamlata Devi - Director
The latest financial statements of Suryajyoti 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.
The CIN (Corporate Identification Number) of Suryajyoti Spinning Mills is L18100TG1983PLC003961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suryajyoti Spinning Mills is recorded as a listed company by MCA, but its shares were delisted from NSE on 08 Aug 2018 · compulsory delisting and from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
Suryajyoti Spinning Mills has open charges of ₹772.41 Cr and satisfied charges of ₹62.06 Cr as per latest MCA filings.
Suryajyoti Spinning Mills has 56 court cases on record: 6 filed by the company and 50 filed against it. 12 are pending. Most are in the district courts.
Suryajyoti Spinning Mills was incorporated on 23 May 1983. It is registered with the Registrar of Companies, Hyderabad.
Suryajyoti Spinning Mills has 62 deals on record (54 market trades, 8 funding rounds), with disclosed funding of ₹39.58 Cr; the latest was in November 2014.
The peers of Suryajyoti Spinning Mills by revenue are Dhansmruti Textiles Private Limited, Panav Textiles Private Limited, Seyyon Hi-Tech Poly Fabs Private Limited, Sunlord Apparels Manufacturing Company Private Limited, Aruppukottai Shri Ramalinga Spinners Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sample company reports
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