Suryavarada Spinning Mills Limited

Suryavarada Spinning Mills Limited - manufacturing in Dharapuram, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ1995PLC006226 Incorporated 19 June 1995 ROC Coimbatore HQ Dharapuram, Tamil Nadu, India
Active Public Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹6.89 Cr
▼ 17% YoY
Net loss · FY 2024
₹1.43 Cr
Net margin -20.8%
EBITDA · FY 2024
-₹69.97 Lakh
EBITDA margin -10.2%
Authorised capital
₹4.25 Cr
Registered with MCA
Paid-up capital
₹4.25 Cr
Issued & subscribed
Open charges
₹1.7 Cr
Satisfied ₹3.9 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
11
Provident fund records

About Suryavarada Spinning Mills Limited

Data last updated:

Suryavarada Spinning Mills Limited is a public limited company based in Dharapuram, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 June 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1995PLC006226. Its GSTIN is 33AAECS2187D1ZL (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹4.25 Cr. It is led by directors including Muthuraja Nagarajan (Managing Director) and Nagarajan Karthic (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mills Premises At 109 Oddanchatram Road, Dharapuram, Tamil Nadu, India – 638673.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.89 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹1.43 Cr (net margin -20.8%) and EBITDA of -₹69.97 Lakh (EBITDA margin -10.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.

The company has about 11 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.7 Cr and satisfied charges of ₹3.9 Cr on record.

Suryavarada Spinning Mills Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0046496). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17111TZ1995PLC006226
Registration Number 006226
Incorporation Date 19 June 1995
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-28-0046496

Recognitions & Rankings of Suryavarada Spinning Mills

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-28-0046496

Contact details

Suryavarada Spinning Mills Limited's registered office is in Dharapuram, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Mills Premises At 109 Oddanchatram Road, Dharapuram, Tamil Nadu, India – 638673
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Suryavarada Spinning Mills Limited, buy the company report.

Comprehensive company report
Suryavarada Spinning Mills Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Suryavarada Spinning Mills is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Suryavarada Spinning Mills Limited, buy the company report.

Financials of Suryavarada Spinning Mills Limited

FY 2024 filings available

Suryavarada Spinning Mills Limited reported revenue of ₹6.89 Cr (down 17% YoY) for FY 2024.

Revenue · FY 2024
₹6.89 Cr ▼ 17%
Net loss · FY 2024
₹1.43 Cr margin -20.8%
EBITDA · FY 2024
-₹69.97 Lakh margin -10.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 6%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 191%
3 years · compounded
▼ 46%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 17% fall in the latest year. EBITDA fell 191% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹69.97 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.43 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-10.2%
Net Profit Margin-20.8%
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 Suryavarada Spinning Mills Limited, buy the company report.

Board of directors of Suryavarada Spinning Mills Limited

Suryavarada Spinning Mills has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Poopathi VillalanDirector15 Jul 200917 Years 3 MonthsCurrent
Muthuraja NagarajanManaging Director19 Jun 199531 Years 4 MonthsCurrent
Nagarajan KarthicWhole-Time Director19 Jun 199531 Years 4 MonthsCurrent
Karthic SugumariDirector24 Aug 20206 Years 2 MonthsCurrent

Peer comparison

Suryavarada Spinning Mills 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Cut and Stich Apparel Private Limited₹6.89 Cr (FY 2025)1.0%Kolkata, West Bengal, India
Little's Garments Private Limited₹6.89 Cr (FY 2024)25.0%Kolkata, West Bengal, India
Suryavarada Spinning Mills Limitedthis company₹6.89 Cr (FY 2024)-₹1.43 Cr-20.8%-17.0%11Dharapuram, Tamil Nadu, India
Vijaya Samundeswari Textiles Private Limited₹6.89 Cr (FY 2025)-24.0%Kangeyam, Tamil Nadu, India
Hanuman Texturisers Pvt Ltd₹6.88 Cr (FY 2024)-11.0%Surat, Gujarat, India

To see the full peer comparison of Suryavarada Spinning Mills Limited, buy the company report.

Auditor

Suryavarada Spinning Mills Limited is audited by T.KUMAARAVELU for the financial year 2022.

Auditor firmFinancial yearFirm registration number
T.KUMAARAVELUFY 2022200450

Shareholding

The shareholding of Suryavarada Spinning Mills Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Suryavarada Spinning Mills Limited, buy the company report.

Charges & borrowings

Open charges
₹1.7 Cr
Satisfied charges
₹3.9 Cr
Breakdown by lending institutions
Tamilnad Mercantile Bank Limited₹1.52 Cr
Hdfc Bank Limited₹0.18 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jan 2021100444225Hdfc Bank Limited₹18 LakhOpen
17 Jun 2020100398122Tamilnad Mercantile Bank Limited₹24 LakhOpen
28 Sep 201510601658Tamilnad Mercantile Bank Limited₹8.4 LakhOpen
04 Feb 201510551508Tamilnad Mercantile Bank Limited₹1.2 CrOpen
10 Aug 199890003298The South Indian Bank Limited₹1.15 CrSatisfied

To see the full charge records of Suryavarada Spinning Mills Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Suryavarada Spinning Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Suryavarada Spinning Mills Limited has a workforce of 11 employees on its EPFO records as of Jun 2025, across 1 active EPFO establishment.

Employee count
11
Active EPFO establishments
1
Employee growth
-8.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2025-2611
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Suryavarada Spinning Mills Limited, buy the company report.

GST

Suryavarada Spinning Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAECS2187D1ZLTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Suryavarada Spinning Mills Limited, buy the company report.

Recent activity

Suryavarada Spinning Mills Limited has 9 board changes on record since 1995: 4 appointments and 5 cessations. The latest: Karthic Sugumari ceased to be Additional Director on 31 Dec 2020.

AGM
Suryavarada Spinning Mills Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Suryavarada Spinning Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 1.20 Cr registered on 04 Feb 2015 with Charge ID 10551508 was modified on 23 Mar 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100444225 was registered on 29 Jan 2021.
Ceased
Karthic Sugumari ceased to be Additional Director.
Appointed
Karthic Sugumari was appointed as Director.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100398122 was registered on 17 Jun 2020.
Ceased
Kasiservai Thangaraj ceased to be Director.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.08 Cr with Charge ID 10601658 was registered on 28 Sep 2015.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 1.20 Cr with Charge ID 10551508 was registered on 04 Feb 2015.
Charges
A charge registered on 03 Dec 1996 via Charge ID 90003033 with The Tamilnadu Industrial Of The Investment Corp. Ltd. was fully satisfied on 02 Jul 2012.
Ceased
Nagarajan Karthic ceased to be Director.

11 earlier events are in the company report.

Frequently asked questions

Suryavarada Spinning Mills is an active public limited company based in Dharapuram, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 June 1995 (31+ years old) and is registered under CIN U17111TZ1995PLC006226.

Suryavarada Spinning Mills has 4 current directors:

The latest financial statements of Suryavarada Spinning Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Suryavarada Spinning Mills is 33AAECS2187D1ZL, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Suryavarada Spinning Mills is U17111TZ1995PLC006226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Suryavarada Spinning Mills was incorporated on 19 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Suryavarada Spinning Mills by revenue are Cut and Stich Apparel Private Limited, Little's Garments Private Limited, Vijaya Samundeswari Textiles Private Limited, Hanuman Texturisers Pvt Ltd, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Karthic Sugumari ceased to be Additional Director on 31 Dec 2020. Karthic Sugumari was appointed as Director on 24 Aug 2020. Kasiservai Thangaraj ceased to be Director on 20 Aug 2018. Suryavarada Spinning Mills has 9 board changes on record in total.

Yes, Suryavarada Spinning Mills is registered as a small enterprise under Udyam registration (number: UDYAM-TN-28-0046496).

The registered office of Suryavarada Spinning Mills is at Mills Premises At 109 Oddanchatram Road, Dharapuram, Tamil Nadu, India – 638673.

Suryavarada Spinning Mills operates in the manufacturing industry, in the textile and fabric production segment.