Sri Ramakrishna Mills (Coimbatore) Ltd
SRI

Sri Ramakrishna Mills (Coimbatore) Ltd (521178)

₹30.953.16%

Key Stats

₹30.95
Day's Price Range
₹31
₹11.25
52-Week Price Range
₹44
1 Month Return-3.23 %
3 Month Return8.89 %
1 Year Return130.41 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 39
10.9
EPS
Rank 59
₹2.75
BVPS
Rank 93
₹13.3
Dividend Yield
Rank 41
ROE
Rank 148
1.77%
Price To Book Ratio
Rank 48
2.25
Debt To Asset
Rank 29
0.84

Company Information

Incorporated in 1946 Sri Ramakrishna Mills SRM is engaged in the manufacturing and selling of ring and openend cotton yarn. R Doraiswami is the chairman of the company. Its spinning mills located in Coimbatore Tamilnadu Nagari Andhra Pradesh and Sathyamangalam Tamilnadu have a combined installed capacity of 75944 ring spindles and 912 rotors. In 199495 the company reduced 3080 spindles at one of its units as they had become obsolete. It has added nine automatic winding machines at various units. SRM is a member of the South India Textile Research Association SITRA.The company continued its modernisation and renovation programmes to improve the quality and productivity. The textile industry as a whole has been pushed to a tight corner on account of the unprecedented rise in the cost of cotton and increase in the cost of other inputs. But on the export front the company kept the growth rate alive. The company made a reference to BIFR due to erosion of networth. It has also taken up a Corporate Debt Restructuring Proposal with sundry creditorsIDBI and the same was approved in their meeting on September2003.
OrganisationSri Ramakrishna Mills (Coimbatore) Ltd
HeadquartersCoimbatore
IndustryTextiles