Super Spinning Mills Ltd

Super Spinning Mills Ltd (SUPERSPIN)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-20.75 %
3 Month Return-18.25 %
1 Year Return89.43 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 113
Rank 114
Rank 100
Dividend Yield
Rank 41
Rank 196
Price To Book Ratio
Debt To Asset
Rank 36

Company Information

Super Spinning Mills SSML was incorporated in 1962 and commercial production of cotton yarn commenced in Apr.64 with an initial installed capacity of 12000 spindles. The installed capacity was increased to 50548 spindles by 1981. SSML set up its second unit at Kotnur Andhra Pradesh with an initial capacity of 28800 spindles. The company expanded its installed capacity at the second unit to 51480 spindles in 1991. In 1992 it set up its 100 EOU at Gudalur Tamilnadu with an installed capacity of 10080 spindles. The companys expansion programme was financed by financial institutions. It offered rights at a premium of Rs 10 per share to augment longterm resources for meeting the additional longterm capital requirements.All the three units of the company was awarded the ISO 9002 accreditation by BVQI. The company has received Board of Trustee of ICMFs Birla Economic and Textile Research Foundation award for Quality Management Best Management Award for 199899 from Andhra Pradesh Government.To make the management effective and utilization of resources the two subsidiaries companies M/s Standard General Finance Ltd and M/s SGF Investment company Ltd were merged with Super Spinning Mills Ltd. In January2002 the Garments Division has started SARA Apparels and Fashions a new division to produce Polo T Shirts. Foreseeing the future prognosis the company is planning to set up one more Garment unit in Thekkalur Village in Coimbatore District.
OrganisationSuper Spinning Mills Ltd