Kandagiri Spinning Mills Ltd

Kandagiri Spinning Mills Ltd (KANDAGIRI)


Key Stats

Day's Price Range
52-Week Price Range
3 Month Return5.14 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 68
Rank 240
Rank 495
Dividend Yield
Rank 185
Rank 591
Price To Book Ratio
Rank 317
Debt To Asset
Rank 29

Company Information

Kandagiri Spinning Mills KSML was incorporated in 1976. It is promoted by the Sambandam group. Its units are located in Tamilnadu. S P Ratnam is the chairman and K R Manicka Mudaliar is the managing director. Other group concerns are Sambandam Spinning Mills and Mallur Siddeswara Spinning Mills. In the last 15 years KSML made a fantastic growth of 1071 as its capacity went up from 3260 spindles to 39932 spindles. The company came out with a public issue of 1136000 shares of Rs 10 each at a premium of Rs 40 each in Jan.95 to partfinance the Rs 17.25cr project for the expansion of its capacity to 49532 spindles. It is also adding specialpurpose machines such as autocone winders twoforone twisters and singeing machines required for the manufacture of exportquality yarn. The company is in the field of cotton and textiles.
OrganisationKandagiri Spinning Mills Ltd