Hot Deals:
a v thomas 15,555.00 (3.70 %) adtech 29.10 (0.34 %) agarwal bolts 1,200.00 (-0.83 %) amol minechem 620.00 (1.64 %) 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 185.00 (5.71 %) 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 505.00 (1.00 %) 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 48.00 (2.13 %) eaton fluid 440.00 (-2.22 %) electronica plastic 4,100.00 (-0.24 %) elgi ultra 400.00 elofic 1,970.00 (3.68 %) esl steel 32.00 (-3.03 %) fincare business 43.00 fincare sfbl 191.00 (0.53 %) finopaytech 119.00 (-0.83 %) 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 650.00 (0.78 %) hdfc ergo 370.00 (1.70 %) hdfc securities 10,111.00 (2.13 %) hella india 550.00 (10.00 %) hero fincorp 1,050.00 (1.94 %) hexaware 530.00 (1.92 %) hicks 1,700.00 (-0.58 %) hira ferro 120.00 (-0.83 %) 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 1,080.00 (-1.82 %) merino 2,530.00 (-0.78 %) minosha 282.00 (0.71 %) mkcl 345.00 (1.47 %) mobikwik 360.00 (2.86 %) mohan meakin 1,400.00 (-2.10 %) mohfl 10.90 (-8.40 %) msei 0.91 (-1.09 %) msil 55.00 (1.85 %) nayara energy 195.00 (2.63 %) nayara energy ncd 255.00 (-1.92 %) ncdex 275.00 ncl buildtek 229.00 (0.88 %) ncl holdings 65.00 (3.17 %) nse 3,200.00 (3.23 %) orbis financial 82.00 (2.50 %) 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 420.00 (2.44 %) ring plus 404.00 (-0.25 %) rrl 2,500.00 (-1.96 %) sab miller 305.00 (0.66 %) sbi amc 900.00 (-1.10 %) scottish assam 443.00 (-1.56 %) 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 475.00 (1.06 %) 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 827.00 (-0.36 %) teesta agro 81.00 (1.25 %) trl krosaki 1,255.00 (0.40 %) utkarsh core 135.00 (-1.46 %) vikram solar 350.00 (2.94 %) waree energie 600.00
×

Sri Vishnu Shankar Share Price

Company Name
Sri Vishnu Shankar Mill Limited
Last Traded Price (LTP)
430.00
% Change
-2.27 %
Scrip Name
SVSML
ISIN No.
INE365Z01016
PAN No.
AACCS0536Q
Face Value
10
No. of Outstanding Shares
1,500,000
Market Capitalization
64.50 Crore
Book value
1444.505
P/BV
0.2977
EPS
222.973
PE ratio
1.928
Available on
cdsl
ROFR Require
No

About Shri Vishnu Shankar Mill Ltd Unlisted Shares

Sri Vishnu Shankar Mill Limited (SVSML) was incorporated in the year 1981 and started its commercial production in the year 1983 with about 7,000 spindles of second-hand machines. Now it is the most modern plant with 70,032 spindles and 2016 rotors with state-of-the-art textile machines mostly imported machines.

SVSML is the part of Ramco Group of companies having diversified business activities viz. Textiles, Cement, Cement products, Surgical products, Software, and more.

The company has installed in total 13.35 MW of Wind turbine generators to save the power cost to the extent of 80% of the power requirement of the units at Rajapalayam.

Business strategy: SVSML has been on continuous expansion and modernization activities for the past 10 years keeping in view the long-term growth of the company. Only quality-conscious and most modern plants can survive in the long run in the acute competitive environment of the textile industry. Its products are well received by the end-users in the weaving and knitting sectors because of its consistent quality.

 

INCORPORATION DETAILS

CIN

U17301TN1981PLC008677

Registration Date

23 March 1981

Category/Sub-category of the Company

Company limited by Share

Address of the Registered office and contact details

Sri Vishnu Shankar Mill Premises,
P.A.C. Ramasamy Raja Salai,
Rajapalayam – 626117.
Phone : + 91 - 4563 – 235555 (5 Lines)
Fax No : + 91 - 4563 - 236493
E-mail: svsmill@sancharnet.in

 

 BOARD OF THE DIRECTORS

P.R. VENKETRAMA RAJA

Chairman

S. SHARADA DEEPA

Managing Director

S.S. RAMACHANDRA RAJA

Director

R. CHITTAMMAL

Director

N.K. SHRIKANTAN RAJA

Director

S.R. SRIRAMA RAJA

Director

ARUNKUMAR GOENKA

Director

P.A.S. ALAGHAR RAJA

Director

S. KANTHIMATHINATHAN

Director

 

SHAREHOLDING PATTERN as on March 31, 2021

Category

No. of Shares

% Holding

Promoters

Indian

9,31,690

62.11%

Foreign

0

0.00%

Public Shareholding

Institutional

17,400

1.16%

Non-Institutional

5,50,910

36.73%

Total

     15,00,000 

100.00%

 Products & Services

Count Ranges:

  • Ring yarn
  • Compact Yarn
  • TFO Doubled Yarn
  • OE Yarn
  • Gassed Yarn
  • Slub Yarn

Associate Companies

Name of Company

Type

Stake

The Ramco Cements Limited

Associate

1.31%

Rajapalayam Mills Limited

Associate

0.40%

Ramaraju Surgical Cotton Mills Limited

Associate

0.06%

JKR Enterprise Limited

Associate

0.001%

 

Company Overview

Cotton: -

  • In India, the opening stock of cotton for the current cotton season 2020-21 (October to September) was historically at a high level of 120 Lakhs Bales due to lower consumption of cotton by Mills in India due to disruptions in manufacturing activities caused by the Covid-19 pandemic.
  • This, coupled with a higher production estimate of cotton during the current cotton crop season of 360 Lakhs bales has pulled down the cotton prices during the initial cotton season. 
  • Due to this, CCI has purchased a large volume of cotton under MSP operation, during peak arrivals of cotton bales in the market. However, the sentiment in the markets had slowly turned positive soon after the manufacturing activities started picking up due to relaxations announced by the Government, which was earlier disrupted on account of the Covid-19 pandemic.
  • The cotton prices have gone up by more than 30% compared to the price ruled during the initial cotton season. The prices of some of the imported cotton varieties especially the long stable fiber had also increased very steeply to the extent of 40% to 75% within a period of 3 to 4 months' time.
  • The Company is focusing to produce more value-added count and in order to meet the quality requirement of value-added counts, more volume high-quality imported cotton has been procured when the prices were cheaper. This strategy has helped the Company to procure diversified varieties of cotton across the globe and to quote competitive prices for yarn, which helped to improve the operating margin in the last quarter of the financial year 2020-21.

Yarn Production & Sale: -

  • The production volume has decreased to 44.25 Lakhs Kgs during the financial year 2020-21 as against 48.31 Lakhs Kgs of last year due to lockdown imposed by the Government for 2 months during April 2020 & May 2020. Despite the adverse conditions that prevailed during the first 6 months of the financial year under review due to the COVID-19 pandemic, there is no slowdown in Company's focus on new product development, innovation, and cost-effective production.
  • In spite of the reduction in production volume by 8%, the Company was able to achieve growth in sale volume due to the liquidation of stock. 
  • The sale volume has decreased in line with production and accumulation of stock at the end of the financial year 2020-21. The sale volume for the FY 2020-21 stood at 49.79 Lakh Kgs as compared to 48.18 Lakh Kgs of last year an increase of 3%. The sale value of yarn has increased to ₹ 176.36 Crores during the FY 2020-21 as compared to  157.33 Crores of last year registering a growth of 3%.
  • The Company's quality of yarn in the value-added segment has been well appreciated by the customers and the Company is receiving a very good volume of orders for value-added counts. The Company is taking various steps to expand its market presence both in domestic and international markets and hopes to achieve a higher volume of sales in value-added yarns in the forthcoming years. 
  • The yarn market in India has bounced back after witnessing a slowdown in the last 2 years. Due to geopolitical factors like trade, the war between the US and China, and the diversion of sourcing textile products by many top global garment brands from China to India boosted the demand for textile products including yarn manufactured in India. Due to good demand from the domestic market, the Company was able to liquidate the yarn stock from 30.34 Crores as on 01-04-2020 to  8.15 Crores as on 31-03-2021.
  • Have made export of Cotton Yarn (including merchant exports) for a value of  42.44 Crores as against ₹ 55.00 Crores of the previous year. In addition to regular International Market, sales volume has grown considerably in new markets viz. Turkey, Portugal, etc. where yarn quality is well accepted.

Wind Mill: -

  • The Company has windmills with an installed capacity of 13.35 MW for its captive power consumption. The wind farm has generated 197 Lakhs Kwh as compared to 198 Lakhs Kwh of the previous year. The wind availability/velocity during the financial year 2020-21 was low as compared to the financial year 2019-20. All the Units generated by windmills were adjusted for captive consumption at Mills in Tamil Nadu. The income during the year from the Wind Mill Division was 13.19 Crores as against  13.28 Crores of the previous year.

Modernization / Expansion: -

  • As a part of the continuous thrust on modernization program, the Company has replaced 2 Nos. old Open End (OE) Spinning Machines with most modern fully automatic OE Machines at a cost of ₹ 12 Crores.
  • The Company has already received these New OE Machines and the installation of all machines has been completed on 30-04-2021. With the installation of these advanced machines, the Company will focus to sell the OE yarn in different value-added segments like OE yarn for knitting segments, Denim Segments, etc. which are untapped by the Company so far.
  • The Company has also planned to increase the spindles capacity of the Company from the existing 62,958 spindles and 1,008 rotors to 80,238 Spindles and 1,008 rotors at a project cost of about ₹ 40 Crores. Orders for the machines have already been placed and delivery of the machine is expected in August 2021.
  • As a part of continuous thrust on modernization and expansion program, the Company has invested about ₹ 8.00 Crores in textile machinery & equipment's like, used good condition LR6-S Ring Frames by replacing old G5/1 Ring Frames, K43 Rieter Ring Frame, Texpart Top Arm, Suessen Compact CDS System, Flexi Clean, and Unimix & New Waste Collection System, etc.

 

Annual Report

Sri Vishnu Shankar Mill Limited 2020-21

Download

Sri Vishnu Shankar Mill Limited 2019-20

Download

Sri Vishnu Shankar Mill Limited 2021-22

Download
Wealth Wisdom - WWIPL
Support Megha Support Neha