The Lakshmi Mills Company Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.96 Cr
- Company Age 115 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 194.00 Cr
- Satisfied Charges ₹ 178.80 Cr
- Revenue Growth 6.77%
- Profit Growth -175.20%
- Ebitda -111.76%
- Net Worth 35.52%
- Total Assets 35.95%
About The Lakshmi Mills Company
The Lakshmi Mills Company Limited (TLMCL) was founded in India on 01 April 1910 and has a glorious history of 115 years and two months. Its registered office is in Coimbatore, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502958.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.96 Cr.
The company currently has active open charges totaling ₹194.00 Cr. The company has closed loans amounting to ₹178.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at The Lakshmi Mills Company Limited India are Adoraiswamy as CFO and N Singaravel as Company Secretary. Varadarajan Ranganathan, Ashwin Chandran, Sanjay Jayavarthanavelu, and Five other members serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L17111TZ1910PLC000093
- Company No.
000093
- Stock Symbol
BSE : 502958
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Apr 1910
- Date of AGM
09 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Coimbatore
Industry
Manufacturing
What products or services does The Lakshmi Mills Company Limited offer?
The Lakshmi Mills Company Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Natural Fabric, Yarns & Threads, Cotton Yarn, Polyester Cotton Yarn, Industrial Fabrics and Textiles, Non Woven Fabric, Apparel & Clothing Fabric, Grey Fabric.
The Lakshmi Mills Company Limited
Explore comprehensive data for The Lakshmi Mills Company Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at The Lakshmi Mills Company?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditya Pathy  | Managing Director | 11-Jun-2009 | Current |
| Sundaram Pathy | Managing Director | 27-Sep-1995 | Current |
| Adoraiswamy | CFO | 18-Mar-2019 | Current |
| N Singaravel | Company Secretary | 25-Feb-2013 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Varadarajan Ranganathan | Director | 09-Sep-2024 | Current |
| Ashwin Chandran | Director | 09-Sep-2024 | Current |
| Sanjay Jayavarthanavelu | Director | 30-Jul-2010 | Current |
| Rangaswamy Santharam | Director | 27-Mar-2002 | Current |
| Suguna Ravichandran | Director | 11-Feb-2015 | Current |
| Krishnamoorthyrao Muralimohan | Director | 09-Sep-2024 | Current |
Financial Performance of The Lakshmi Mills Company.
The Lakshmi Mills Company Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 6.77% increase. The company also saw a substantial fall in profitability, with a 175.2% decrease in profit. The company's net worth Soared by an impressive increase of 35.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of The Lakshmi Mills Company?
In 2024, The Lakshmi Mills Company had a promoter holding of 65.01% and a public holding of 34.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹194.00 Cr
Satisfied Charges
₹178.80 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 137.19 Cr
- Others : 47.81 Cr
- Central Bank Of India : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2023 | Canara Bank | ₹20.00 Cr | Open |
| 15 Feb 2021 | Others | ₹3.79 Cr | Open |
| 31 Dec 2019 | Canara Bank | ₹3.60 Cr | Open |
| 11 Jul 2006 | Others | ₹44.02 Cr | Open |
| 17 Apr 2006 | Canara Bank | ₹113.59 Cr | Open |
How Many Employees Work at The Lakshmi Mills Company?
The Lakshmi Mills Company has a workforce of 614 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of The Lakshmi Mills Company, 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 The Lakshmi Mills Company's trajectory.
Rating
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
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 The Lakshmi Mills Company
Recent activity within the organization
- Charges
A charge with Others of Rs. 44.02 Cr registered on 11 Jul 2006 with Charge ID 10010779 was modified on 26 Nov 2024.
- Charges
A charge with Canara Bank of Rs. 113.59 Cr registered on 17 Apr 2006 with Charge ID 10004341 was modified on 10 Oct 2024.
- Charges
A charge with Canara Bank of Rs. 20.00 Cr registered on 26 Jun 2023 with Charge ID 100772685 was modified on 30 Sep 2024.
- Charges
A charge with Others of Rs. 3.79 Cr registered on 15 Feb 2021 with Charge ID 100421896 was modified on 30 Sep 2024.
- Charges
A charge with Canara Bank of Rs. 3.60 Cr registered on 31 Dec 2019 with Charge ID 100318820 was modified on 30 Sep 2024.
- Annual General Meeting
The Lakshmi Mills Company Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of The Lakshmi Mills Company Limited?
The Lakshmi Mills Company Limited was incorporated on 01 Apr 1910.
What is authorized share capital and paid-up capital of The Lakshmi Mills Company Limited?
The authorized share capital of The Lakshmi Mills Company Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.96 Cr.
Who are the current board members & directors of The Lakshmi Mills Company Limited?
Currently 10 directors are associated with The Lakshmi Mills Company Limited.
- Varadarajan Ranganathan
- Ashwin Chandran
- Sanjay Jayavarthanavelu
- Sundaram Pathy
- Aditya Krishna Pathy
- Rangaswamy Santharam
- Suguna Ravichandran
- Krishnamoorthyrao Muralimohan
- ADoraiswamy
- N Singaravel
What is the registered address of The Lakshmi Mills Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of The Lakshmi Mills Company Limited is Old No 1100 New 686 Avanashi Road Papanaickenpalayam India, Coimbatore, Tamil Nadu, 641037.
What is the corporate identification number (CIN) and company number of The Lakshmi Mills Company Limited?
The corporate identification number (CIN) of The Lakshmi Mills Company Limited is L17111TZ1910PLC000093 and the company number is 000093 as per Ministry of Corporate Affairs (MCA).
Is The Lakshmi Mills Company Limited registered with any stock exchange in India?
Yes, The Lakshmi Mills Company Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of The Lakshmi Mills Company Limited?
The Official website of The Lakshmi Mills Company Limited is https://www.lakshmimills.com
What has been the recent revenue trend for The Lakshmi Mills Company Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for The Lakshmi Mills Company Limited has risen by 6.77%.
How many employees does The Lakshmi Mills Company Limited currently have?
As Per 2024 financial reports, 614 employees are currently employed by The Lakshmi Mills Company Limited.
What change has been observed in the net worth of The Lakshmi Mills Company Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of The Lakshmi Mills Company Limited has experienced an upsurge of 35.52%.
What are the total open charges for The Lakshmi Mills Company Limited?
As per the financial statements for fiscal Year 2024, The total open charges for The Lakshmi Mills Company Limited amount to ₹ 194.00 Cr.
When was the last Balance Sheet of The Lakshmi Mills Company Limited filed with the ROC?
The most recent Balance Sheet for The Lakshmi Mills Company Limited was filed with the ROC on 31 Mar 2024.
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