Suryalakshmi Cotton Mills Ltd

Suryalakshmi Cotton Mills Ltd (SURYALAXMI)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-23.28 %
3 Month Return-12.22 %
1 Year Return35.25 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 113
Rank 114
Rank 35
Dividend Yield
Rank 5
Rank 337
Price To Book Ratio
Debt To Asset
Rank 54

Company Information

A part of the Suryalakshmi group Suryalakshmi Cotton Mills SCML was incorporated in 1962 and manufactures cotton and synthetic yarn with two units in Mahaboobnagar district Andhra Pradesh. L N Agarwal is the Chairman and Managing Director.SCML spent about Rs 40 cr on modernisation of its units in the past. A 100 exportoriented spinning mill with a capacity of 25000 spindles was set up at Andhra Pradesh at a cost of Rs.70 Cr. The company exported its products to highly qualityconscious markets like Spain and Belgium and has established its presence in Bangladesh and Korea. In 199596 first phase of denim project at Ramtek Maharashtra for 113.10 crs was set up and the project was financed with foreign currency loan of 54.46 cr rupee term loan of 10.03 cr and rights cum public issue of 40.56 cr in Sep96. To resturcture its debt the company has to issue Cumulative Preference Shares to IDBI for Rs.4.00 crores and to IFCI for Rs.2.72 crores.
OrganisationSuryalakshmi Cotton Mills Ltd