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Suryalata Spinning Mills Share Price

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NSEBSE
Stock not traded

416.209.50 (2.34%)

12:00 AM,16th Apr 2024

BSE : 514138

NSE :

Sector : Industrials

ISIN Code : INE132C01027

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Last Updated: Apr 16 2024 | 12:00 AM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

10

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

0.00

All Time High Date

Invalid date

All Time Low

0.00

All Time Low Date

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Suryalata Spinning Mills Ltd

Suryalata Spinning Mills (SSML) was incorporated on May 23 1983 in Hyderabad. The Company is one of the largest producers of Yarn. The Company is basically into manufacturing of Synthetic blended yarns of Polyester / Viscose 100% Polyester and 100% Viscose with counts ranging from 20s to 40s. Currently the Company has two manufacturing units with a total capacity of 69408 spindles at Kalwakurthy and Urkondapet. The unit at Kalwakurthy has an installed capacity of 36288 spindles with a production capacity of 30 MTs per day. The second plant (Urkondapet) has an installed capacity of 33120 spindles with a production capacity of 20MT's per day. SSML commenced commercial production in 1986-87. In May '92 the company came out with zero-interest fully convertible debentures to part-finance the cost of setting up another plant as well as to modernise the existing one. As on 31 Mar.'95 it had an installed capacity of 25077 ring spindles and 672 rotors. The modernisation of the Kaluakurthy unit was completed. The company undertook an expansion programme at Kaluakurthy and Ramtek to install 6048 spindles and 3600 spindles respectively at a cost of Rs 10 cr. During 1997-98 the modernisation and expansion programme at its two units at Kalwakurthy & Ramtek was completed an schedule and started operating on expanded capacity. The expansion programme for the year 2000 to increase the spindleage by 12000 No has been completed at Kalwakurthy and Ramtek. In 2002-03 the company undertook modernisation of its plant at an estimated outlay of Rs.733.15 lakhs. The modernisation project is being funded by way of Term loans from UCO bank under the TUF and the balance through contribution by promoters and internal accurals. The project is expected to be completed at the end of the current financial year.During the year 2009-10 the Company installed new equipment for 10080 spindles at Urukondapet Unit and started commercial production from 18th January 2010. Accordingly the total capacities of the Company increased to 69408 spindles. During 2014-15 YP Solar Power Private Limited was incorporated as a Wholly Owned Subsidiary of the Company vide w.e.f. 23rd February 2015 to generate power for captive consumption purpose.The Company completed its Modernization cum Expansion project at Kalwakurthy Unit in March 2019 and incurred total Capital Expenditure of Rs 83.93 cr and resultant the total installed capacity increased from 93264 spindles to 115248 spindles.During 2021-22 the company installed Solar of 4.342 MW on BOT basis at Kalwakurthy Unit and 4.585 MW on CAPEX mode at Urukondapet Unit in addition to Solar plant of 1.20MW under BOT model. Further installed 1.00 MW solar plant in April 2022. Thereby total installations count to 11.127 MW against connected power load of 12.650 MW.

Suryalata Spinning Mills Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

177

EPS - TTM (₹) [S]

33.46

P/E Ratio (X) [S]

0.76

Face Value (₹) 10
Latest Dividend (%)30.00
Latest Dividend Date 21 Sep 2023
Dividend Yield (%) 0.72
Book Value Share (₹) [S]545.53
P/B Ratio (₹) [S]0.76
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

405.00

425.00

Week Low/High

401.30

455.00

Month Low/High

348.60

468.00

Year Low/High

348.60

1635.00

All time Low/High

2.83

1635.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-5.20%%-2.33-2.19%
1 Month10.12%%0.410.57%
3 Month-11.74%%-0.250.52%
6 Month-17.40%%10.2412.24%
1 Year-40.15%%20.7124.23%
3 Year228.62%%49.3851.51%

Company Info

Company Information

Chairman & Independent Directo : R Surender Reddy

Managing Director : Vithaldas Agarwal

Joint Managing Director : Mahender Kumar Agarwal

Independent Director : K R Suresh Reddy

Whole-time Director : Madhavi Agarwal

Independent Director : K Harischandra Prasad

Company Sec. & Compli. Officer : Khushboo Jain

Registered Office: 1st Floor Surya Towers, 105 Sardar Patel Road,Secunderabad,Telangana-500003 Ph: 91-040-27774200

Email:mail@suryalata.com ; cs@suryalata.com

URL:http://www.suryalata.com