A S P Textiles Private Limited
About A S P Textiles Private Limited
Data last updated:
A S P Textiles Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 May 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1985PTC001615.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12.75 Lakh. It is led by directors Annamalai Sethu (Managing Director) and Sethu Meenakshi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 7 54 Junection Main Road, Salem, Tamil Nadu, India – 636004.
As per the financials filed for FY 2024, the company reported a revenue of ₹12 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Lakh (net margin 25.8%) and EBITDA of ₹4.39 Lakh (EBITDA margin 36.6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹62.6 Lakh and satisfied charges of ₹62.6 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
A S P Textiles Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address7 54 Junection Main Road, Salem, Tamil Nadu, India – 636004
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of A S P Textiles Private 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 A S P Textiles Private Limited
FY 2024 filings availableA S P Textiles Private Limited reported revenue of ₹12 Lakh (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹4.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.09 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.6% | ||||
| Net Profit Margin | 25.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of A S P Textiles Private Limited, buy the company report.
Board of directors of A S P Textiles Private Limited
A S P Textiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Annamalai Sethu Also directs: Sri Solaiandavar Properties (India) LLP, A S P Textiles LLP, Sree Solaiandavar Limited and 1 more | Managing Director | 22 May 1985 | 41 Years 5 Months | Current |
| Sethu Meenakshi Also directs: Sri Solaiandavar Properties (India) LLP, A S P Textiles LLP, Mangaiyaar Benefit Fund Nidhi Limited and 1 more | Director | 22 May 1985 | 41 Years 5 Months | Current |
Peer comparison
A S P Textiles Private 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 |
|---|---|---|---|---|---|---|
| Shree B.S. Cotton Private Limited | ₹12.03 Lakh (FY 2025) | -78.0% | Sendhwa, Madhya Pradesh, India | |||
| Valchand Yarn Industries Limited | ₹12.02 Lakh (FY 2021) | -1.0% | Thane, Maharashtra, India | |||
| Makharia Services Limited | ₹12.02 Lakh (FY 2020) | 7.0% | Kolkata, West Bengal, India | |||
| Emcee Apparel Sourcing Private Limited | ₹12.01 Lakh (FY 2024) | 0.0% | Chennai, Tamil Nadu, India | |||
| R P S Creations Private Limited | ₹12 Lakh (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| A S P Textiles Private Limitedthis company | ₹12 Lakh (FY 2024) | ₹3.09 Lakh | 25.8% | -2.0% | Salem, Tamil Nadu, India | |
| Nistha Exports Private Limited | ₹12 Lakh (FY 2024) | 11.0% | New Delhi, Delhi, India | |||
| Best Polyfabrics Limited | ₹12 Lakh (FY 2024) | 20.0% | Punjab, India | |||
| Feny-Mony Trading Private Limited | ₹12 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Komal Yarn Industries Private Limited | ₹11.99 Lakh (FY 2024) | 1.0% | Surat, Gujarat, India | |||
| Ashok Silk Mills Private Limited | ₹11.99 Lakh (FY 2025) | -79.0% | Surat, Gujarat, India |
To see the full peer comparison of A S P Textiles Private Limited, buy the company report.
Auditor
A S P Textiles Private Limited is audited by V SRIDHARAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SRIDHARAN | FY 2023 | 028451 |
Shareholding
The shareholding of A S P Textiles Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of A S P Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 1992 | 90002492 | The South Indian Bank Ltd. | ₹31.3 Lakh | Satisfied | |
| 06 Jul 1992 | 90002491 | The South Indian Bank Ltd. | ₹31.3 Lakh | Satisfied |
To see the full charge records of A S P Textiles Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
A S P Textiles Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Revision petition | Filed against the company by M/S PMC Textiles | Disposed |
To see the full case history of A S P Textiles Private 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 A S P Textiles Private 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 A S P Textiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
A S P Textiles Private Limited has 3 board changes on record since 1985: 2 appointments and 1 cessation. The latest: Annamalai Sethu ceased to be Director on 01 Apr 2012.
Frequently asked questions
A S P Textiles is an active private limited company based in Salem, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 May 1985 (41+ years old) and is registered under CIN U17111TZ1985PTC001615.
A S P Textiles has 2 current directors:
- Annamalai Sethu - Managing Director
- Sethu Meenakshi - Director
The latest financial statements of A S P Textiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of A S P Textiles is U17111TZ1985PTC001615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A S P Textiles has 2 court cases on record: 2 filed against it.
A S P Textiles was incorporated on 22 May 1985, making it 41+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of A S P Textiles by revenue are Shree B.S. Cotton Private Limited, Valchand Yarn Industries Limited, Makharia Services Limited, Emcee Apparel Sourcing Private Limited, R P S Creations Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Annamalai Sethu ceased to be Director on 01 Apr 2012. Annamalai Sethu was appointed as Managing Director on 22 May 1985. Sethu Meenakshi was appointed as Director on 22 May 1985.
The registered office of A S P Textiles is at 7 54 Junection Main Road, Salem, Tamil Nadu, India – 636004.
A S P Textiles operates in the manufacturing industry, in the textile and fabric production segment.
A S P Textiles has open charges of ₹62.6 Lakh and satisfied charges of ₹62.6 Lakh as per latest MCA filings.
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