Hot Deals:
a v thomas 15,555.00 (3.70 %) adtech 29.10 (0.34 %) agarwal bolts 1,200.00 (-0.83 %) amol minechem 520.00 (-16.13 %) anand i-power 20.00 anglo french 350.00 (-5.41 %) apl metals 42.01 (0.02 %) arkfin investments 50.00 arohan 115.00 (-2.54 %) assam carbon 195.00 (-4.88 %) atlas copco 10,000.00 (1.01 %) auckland international 129.00 (-0.77 %) axles 190.00 (2.70 %) balmer lawrie 199.00 (1.02 %) bharat hotels 144.00 (-0.69 %) bima mandi 700.00 bira 650.00 (3.83 %) boat 715.00 (-1.38 %) c & s electric 545.00 (7.92 %) cable corporation 15.00 capgemini 10,700.00 (1.86 %) care health 154.00 (1.99 %) carrier aircon 276.00 (0.36 %) cial 163.00 (1.24 %) csfbl 365.00 (-3.44 %) csk 160.00 (-1.84 %) dalmia refract 130.00 (4.00 %) dfm foods 467.00 dsp merrill lynch 1,000.00 east india pharma 49.00 (2.08 %) eaton fluid 440.00 (-2.22 %) electronica plastic 4,100.00 (-0.24 %) elgi ultra 400.00 elofic 2,050.00 (4.06 %) esl steel 32.00 (-3.03 %) fincare business 43.00 fincare sfbl 191.00 (0.53 %) finopaytech 115.00 (-3.36 %) flipkart india 231,001.00 (0.00 %) frick india 3,800.00 (2.70 %) gkn drive 1,090.00 (-0.91 %) go digit general insurance ltd 354.00 (1.14 %) godavari bio 71.00 (1.43 %) hdb financial 640.00 (-0.78 %) hdfc ergo 370.00 (1.70 %) hdfc securities 10,500.00 (1.94 %) hella india 575.00 (4.55 %) hero fincorp 1,050.00 (1.94 %) hexaware 530.00 (1.92 %) hicks 1,700.00 (-0.58 %) hira ferro 130.00 (8.33 %) honeywell electrical 3,333.00 (-1.97 %) icex 0.10 (-0.10 %) ikf finance 214.00 (4.90 %) incred financial 100.00 india carbon 945.00 (-0.53 %) india exposition 144.00 (-1.37 %) indian potash 1,390.00 (-0.71 %) indofil 650.00 (-2.99 %) infinite computer 405.00 (1.25 %) inkel 12.00 (-1.64 %) ixigo 87.00 (-1.14 %) jana sfbl 75.00 kel 550.00 (3.77 %) kial 104.00 (-0.95 %) klm axiva 17.50 (-1.13 %) kurlon limited 310.00 (1.31 %) lava 96.00 (-1.03 %) manipal housing 72.50 (0.69 %) manjushree tech 930.00 (3.33 %) martin & harris 1,070.00 (-0.93 %) merino 2,530.00 (-0.78 %) minosha 282.00 (0.71 %) mkcl 345.00 (1.47 %) mobikwik 360.00 (2.86 %) mohan meakin 1,450.00 (3.57 %) mohfl 10.90 (-8.40 %) msei 0.91 (-1.09 %) msil 55.00 (1.85 %) nayara energy 200.00 (2.56 %) nayara energy ncd 255.00 (-1.92 %) ncdex 275.00 ncl buildtek 229.00 (0.88 %) ncl holdings 65.00 (3.17 %) nse 3,250.00 (1.56 %) orbis financial 90.00 (9.76 %) oswal minerals 63.00 (-3.08 %) otis 3,500.00 (-2.78 %) oyo 64.00 (-1.54 %) panasonic appliances 295.00 (0.68 %) panasonic avc 29.10 (0.34 %) paymate india 505.00 (-4.72 %) pharmeasy 20.80 (-0.95 %) philips 950.00 (-3.06 %) philips domestic 580.00 (1.75 %) pnb metlife 70.00 proyuga adtech 25.00 purity flexpack 20.00 ramaraju surgical 320.00 (3.23 %) rasoi 31,500.00 (0.32 %) reliance gic 330.00 (-2.94 %) resins plastics 423.00 (0.71 %) ring plus 404.00 (-0.25 %) rrl 2,500.00 (-1.96 %) sab miller 305.00 (0.66 %) sbi amc 890.00 (-1.11 %) scottish assam 446.00 (0.68 %) shriram life 261.00 (0.38 %) sigachi lab 39.00 (-2.74 %) signify 1,400.00 (7.69 %) simpson & company 1,000,000.00 smile micro 52.00 (-1.89 %) sportskeeda 3,303.00 sterlite power 480.00 (1.05 %) studds 770.00 (-2.53 %) svsml 430.00 (-2.27 %) swiggy 361.00 (0.28 %) t stanes 750.00 (2.74 %) tata capital 178.00 (1.71 %) tata tech 875.00 (-0.57 %) teesta agro 85.00 (4.94 %) trl krosaki 1,255.00 (0.40 %) utkarsh core 135.00 (-1.46 %) vikram solar 350.00 (2.94 %) waree energie 600.00
×

Kannapiran Mills Share Price

Company Name
Sri Kannapiran Mills Limited
Last Traded Price (LTP)
95.00
% Change
+ 1.06 %
Scrip Name
Kannapiran Mills
ISIN No.
INE567M01015
PAN No.
AACCS9186Q
Face Value
10
No. of Outstanding Shares
5,419,928
Market Capitalization
51.49 Crore
Book value
212.364
P/BV
0.4473
EPS
49.27
PE ratio
1.928
Available on
nsdlcdsl
ROFR Require
No

 

ABOUT SRI KANNAPIRAN MILLS LIMITED UNLISTED SHARE

SRI KANNAPIRAN MILLS LIMITED is a part of KG Group. The company is a leader in manufacturing 100% cotton yarn of the highest quality standards. It was established in 1946. Today, the company owns two open-end and two ring-spun yarn units, which altogether produces 83 tons of cotton yarn every day and distribute it in both national and international market.

The ring-spun units have a spindlage capacity of 45000 and produce 25 tons of yarn every day in the count range of 6s to 100s in combed and carded quality. And the open-end facilities, with 8900 rotors, produce 58 tons of yarn every day in the count range of 2s to 24s. All four spinning units of Sri Kannapiran Mills Limited are ISO 9001 certified.

The company produces open-end polyester/cotton yarn in the count range of 6s to 20s in 52:48 and 65:35 blends. It also manufactures recycled cotton yarns in coarse counts.

Apart from this, Sri Kannapiran Mills Limited’s product portfolio consists of cotton knitted gloves, thermal blankets, terry blankets, bath blankets in bleached and grey form, and many more.

In the wake of Covid 19 lockdowns and social distancing requirements, Companymoved over to DigitalPlatform for marketing its products and contacting customers through Zoom Networking or Blue Jeans, or Google Meet. The company obtained 2additional Trade Marks viz., “KG Fabriks” and “Grow Forest” during the year apart from the existing 3 brands viz., Product Zero, Green Dnm, and Dnm Zero.

 

INCORPORATION DETAILS

CIN

U17111TZ1946PLC000188

Registration Date

02 July 1946

Address of the Registered office and contact details

Post Bag No.1, Sowripalayam,

Coimbatore – 641 028

Phone No. 0422-2351111

Name, Address, and Contact Details of

Registrar and Transfer Agent, if any

Cameo Corporate Services Limited

“Subramanian Building”, No.1, Club House Road,

Chennai - 600 002

 

 PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

Name and Description of main products/services

NIC Code of the product/service

% to total turnover of the Company

Cotton Spinning

2351

59.00%

Weaving of Textiles

1312

41.00%

 

 BOARD OF DIRECTORS

Mr K G Balakrishnan (Chairman)

Dr G Bakthavathsalam (Executive, Managing Director)

Mr B Sriramulu (Executive, Managing Director)

Mr B Srihari (Executive, Managing Director)

Mr A Velusamy (Executive, Whole Time Director)

Mr K N V Ramani (Independent, Non-Executive)

Mr V Arunachalam (Independent, Non-Executive)

Mr. K B Nagendra Murthy (Independent, Non-Executive)

 

SSHAREHOLDING PATTERN (As of 31-03-2020)

S. No.

Shareholders’ Name

Number of shares

% of total Shares of the company

1

Promoters Shareholding

32,73,112

90.00%

2

Public Shareholding

3,63,367

10.00%

 

Total

36,36,479

100.00%

 

INDUSTRY OUTLOOK 

Cotton production in India reached 36.04 million bales in FY 2020. India is the second-largest producer of cotton accounting for 25% of the global cotton area and 18% of global cotton production. Cotton prices ruled favorably during the year in view of the good cotton season in India.

The demand for Ring and Open-end yarn did not increase during FY 2020 and the margin was lower due to excess production in India. Power position in Tamil Nadu was favorable during FY 2020. On a positive note, there is a surge in E-commerce and online sales. Indian textile industry is facing a huge liquidity crunch and uncertainty pertaining to future orders. The priority is to revive the growth as the Indian economy heals from the scars of Covid 19.

The growing anti-China sentiment that was triggered by the US-China trade tension intensified further after the outbreak of Coronavirus in China. Global apparel manufacturers in the USA and EU are now finding Bangladesh, Vietnam, and India as competitive markets over China. Covid 19 has opened avenues for e-commerce players as consumers increased their online purchasing as a safe alternative to physical shopping.

Overall FY 2021 is expected to be a tough year and the major focus shall be on premium value-added products,cost-cutting, improving productivity, value-added sustainable products to improve the profitability of companies in this industry.

It is expected that once the Covid curve flattens and the textile business improves the present integration of spinning and weaving will largely help in achieving higher sales and profitability.

 

Annual Report

Sri Kannapiran Mills Annual Report 2020-21

Download

Sri Kannapiran Mills Annual Report 2019-20

Download

Sri Kannapiran Mills Annual Report 2021-22

Download
Wealth Wisdom - WWIPL
Support Megha Support Neha