Thambbi Modern Spinning Mills Ltd

Key Stats

Day's Price Range
52-Week Price Range
3 Month Return4.83 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 464
Rank 468
Rank 454
Dividend Yield
Rank 185
Rank 650
Price To Book Ratio
Debt To Asset
Rank 75

Company Information

Incorporated in 1977 to take over the business of Thambbi Modern Spinners a partnership firm in existence since 1973 Thambbi Modern Spinning Mills TMSL was promoted by N Ramasamy Udayar who has also promoted Salem Textiles and Telematics Systems. As a result of the family partition TMSL is now controlled by R Jagadeesan the second son of N R Udayar.The company started operations with an installed capacity of 3160 spindles which has over the years increased to 35358 spindles as on Mar.96. It has enhanced its spinning capacity by setting up a new unit with 5040 spindles at Salem which has since gone ons tream. In Jan.95 TMSL commissioned a dyeing unit at a cost of Rs 140 lac at Kombaipatti near Salem for dyeing fibre and yarn inst. cap.: 600 kpd. The company had part financed the expansioncumforward integration programme through its maiden public issue in Nov.94.TMSL currently manufactures in addition to grey yarn various speciality valueadded yarns including cotton melange yarn manufactured mainly for exports melange linen blended yarn and lycra core yarn. The company directly exports its yarn to various textile manufacturers in Europe Israel and Turkey.The company is in the process of developing new products in the near future.
OrganisationThambbi Modern Spinning Mills Ltd