About Karur Mills Limited
Data last updated:
Karur Mills Limited was a public limited company based in Karur, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 July 1946.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U01405TN1946PLC001275.
The company had an authorised share capital of ₹21 Cr and a paid-up capital of ₹20.74 Cr. It was formerly known as The Karur Mills Limited. It was led by directors including Manish Kishorsinh Mirani (Whole-Time Director) and Nayankumar Chandrasinh Mirani.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at No. 345/346 Ramanujam Nagar South Anna Nagar, Karur, Tamil Nadu, India – 639002.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.58 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Lakh (net margin 50.6%) and EBITDA of ₹1.81 Lakh (EBITDA margin 50.6%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 5% over five years.
Court records list 8 cases involving the company, including 8 filed against it; 3 cases are pending.
The last known website on record is kcmpl.com.
Company details
CIN history
Karur Mills has one previous CIN (Corporate Identification Number): U01405TN1946PTC001275. The current CIN is U01405TN1946PLC001275, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01405TN1946PLC001275 | Current |
| U01405TN1946PTC001275 | Previous |
Contact details
Karur Mills Limited's registered office is in Karur, Tamil Nadu. Its website is kcmpl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 345/346 Ramanujam Nagar South Anna Nagar, Karur, Tamil Nadu, India – 639002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Karur Mills Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Karur Mills Limited
FY 2023 filings availableKarur Mills Limited reported revenue of ₹3.58 Lakh (down 34% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 51% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹1.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.81 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.6% | ||||
| Net Profit Margin | 50.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Karur Mills Limited, buy the company report.
Board of directors of Karur Mills Limited
Karur Mills has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nayankumar Chandrasinh Mirani Also directs: Raja Bahadur International Limited, Khimji Visram and Sons Gujarat Private Limited, Scil Capital India Private Limited and 1 more | Director | 10 Sep 2008 | 18 Years 2 Months | As last reported |
| Manish Kishorsinh Mirani | Whole-Time Director | 29 May 1995 | 31 Years 5 Months | As last reported |
| Kishorsinh Ramdas Mirani Also directs: Khimji Visram and Sons Gujarat Private Limited | Director | 19 Oct 1973 | 53 Years 0 Months | As last reported |
Peer comparison
Karur Mills Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Toptec Textiles Private Limited | ₹3.6 Lakh (FY 2025) | 55.0% | Bhiwandi, Maharashtra, India | |||
| Charan Textiles Private Limited | ₹3.6 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| TSR Spinning Mills Limited | ₹3.6 Lakh (FY 2025) | 9.0% | Andhra Pradesh, India | |||
| Wabic Industries (OPC) Private Limited | ₹3.59 Lakh (FY 2024) | Satara, Maharashtra, India | ||||
| Medoc Clothings Private Limited | ₹3.59 Lakh (FY 2022) | -25.0% | Dilip Nagar, Vapi, Gujarat, India | |||
| Karur Mills Limitedthis company | ₹3.58 Lakh (FY 2023) | ₹1.81 Lakh | 50.6% | -34.0% | Karur, Tamil Nadu, India | |
| Dee-Tex Poly-Yarn Private Limited | ₹3.58 Lakh (FY 2024) | -13.0% | Mumbai, Maharashtra, India | |||
| Ramling Textiles Cotton Association | ₹3.56 Lakh (FY 2019) | Wadwani, Maharashtra, India | ||||
| The New City of Bombay Manufacturing Company Limited | ₹3.55 Lakh (FY 2018) | Mumbai, Maharashtra, India | ||||
| K N Textiles Private Limited | ₹3.54 Lakh (FY 2018) | Surat, Gujarat, India | ||||
| JSGS Hosiery Private Limited | ₹3.54 Lakh (FY 2016) | -50.0% | Howrah, West Bengal, India |
To see the full peer comparison of Karur Mills Limited, buy the company report.
Auditor
Karur Mills Limited is audited by Raghu & Ram for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raghu & Ram | FY 2022 | 003340S |
Shareholding
The shareholding of Karur Mills Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karur Mills Limited, buy the company report.
Legal cases
Karur Mills Limited has 8 court cases on record: 8 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
| Supreme Court | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3801-Matters Relating To Consumer Protection : Appeals u/s 23 of Consumer Protection Act, 1986.) | Filed against the company by M/S Oriental Insurance Co. Ltd. Chief Manager Uil Building, 8, Esplande , District: Chennai ,Chennai , Tamil Nadu | Disposed |
| District court, Karur, Tamil Nadu | Execution petition | Filed against the company by an individual | Pending |
| District court, Karur, Tamil Nadu | Court case (AS) | Filed against the company by individuals | Pending |
| District court, Karur, Tamil Nadu | Court case (AS) | Filed against the company by individuals | Pending |
| District court, Karur, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Karur Mills Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karur Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Karur Mills Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karur Mills Limited has 6 board changes on record since 1973: 3 appointments and 3 cessations. The latest: Kaniyur Narayanaswamy Viswanathan ceased to be Director on 01 Dec 2016.
Frequently asked questions
Karur Mills has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Karur Mills was a public limited company based in Karur, Tamil Nadu, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 05 July 1946 and is registered under CIN U01405TN1946PLC001275. The company has been struck off by the Registrar of Companies and is no longer operational.
Karur Mills had 3 directors:
- Manish Kishorsinh Mirani - Whole-Time Director
- Nayankumar Chandrasinh Mirani - Director
- Kishorsinh Ramdas Mirani - Director
The CIN (Corporate Identification Number) of Karur Mills is U01405TN1946PLC001275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Karur Mills is at No. 345346 Ramanujam Nagar South Anna Nagar, Karur, Tamil Nadu, India – 639002.
Karur Mills was incorporated on 05 July 1946. It is registered with the Registrar of Companies, Chennai.
Karur Mills can be reached through the website kcmpl.com. Its registered office is in Karur, Tamil Nadu, India.
The latest financial statements of Karur Mills on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
Karur Mills operated in the manufacturing industry, in the textile and fabric production segment. It worked in this industry before it was struck off.
The peers of Karur Mills by revenue are Toptec Textiles Private Limited, Charan Textiles Private Limited, TSR Spinning Mills Limited, Wabic Industries (OPC) Private Limited, Medoc Clothings Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Karur Mills has 8 court cases on record: 8 filed against it. 3 are pending. Most are in the district courts.
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