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Suryaamba Spinning Mills Ltd. (India)

Main Activities: Textile Mills | Fiber, Yarn, and Thread Mills | Textile Product Mills
Full name: Suryaamba Spinning Mills Ltd. Profile Updated: November 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Suryaamba Spinning Mills Ltd. is a textile manufacturing company located in Nayakund, near Ramtek, District: Nagpur, Maharashtra, India. The company was founded in 1993 and is anchored by Mr Virender Kumar Agarwal and his family members, who have been in the textile business for a considerable period of time. Suryaamba is an ISO 9001:2015 certified organization and is known for its state-of-the-art manufacturing unit. The main focus of Suryaamba Spinning Mills is the production of specialty synthetic spun yarns. The company has a wide range of innovative products that are tailor-made for its customers. They manufacture polyester and polyester/viscose blended yarns, which are used for weaving, knitting, embroidery, and other industrial applications. The company has established itself in both the domestic and export markets, with a product range that includes 100% polyester and viscose spun yarns, as well as blended synthetic yarns. Suryaamba Spinning Mills prides itself on its ability to produce high-quality yarns, with a yearly production capacity of 14,400 metric tons. The company's products are used in various industries, including weaving, product suitings, technical textiles, furnishing yarn, and embroidery. Headquartered in Nagpur, Suryaamba Spinning Mills Ltd. is well-connected by road and is only an hour away from the Nagpur airport. The company has achieved significant success in the textile industry, thanks to its knowledge and experience in the field, as well as its commitment to meeting customer requirements.

Legal Address
"Surya Tower",, 1st Floor, 105, Sardar Patel Road
Secunderabad; Hyderabad; Postal Code: 500003

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Website: http://www.suryaamba.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2007
Key Executives
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Chairman & Managing Director
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Independent and Non Executive Director
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Independent Director
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Independent Director
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Joint Managing Director
Ownership Details
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74.22%
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20.75%
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5%
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0.03%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-11.99%
Total operating revenue
-12.66%
Operating profit (EBIT)
-15.37%
EBITDA
-10.77%
Net Profit (Loss) for the Period
-77.87%
Total assets
-6.29%
Total equity
2.06%
Operating Profit Margin (ROS)
-0.25%
Net Profit Margin
-2.38%
Return on Equity (ROE)
-10.23%
Debt to Equity Ratio
-19.71%
Quick Ratio
-0.2%
Cash Ratio
0.01%

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