Aadhavan Spinners Private Limited
About Aadhavan Spinners Private Limited
Data last updated:
Aadhavan Spinners Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17309TZ2017PTC028608. Its GSTIN is 33AAPCA2838N1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.25 Cr. It is led by directors including Easwaran Nachimuthu (Managing Director) and Chandrasekaran Natarajan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 54 Kongu Nagar Iind Street Veerappanchatram, Erode, Tamil Nadu, India – 638004.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.73 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹20.79 Lakh (net margin -1.1%) and EBITDA of ₹1.89 Cr (EBITDA margin 9.6%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹69.5 Lakh on record. The company has 2 deals on record (2 rights issues); the latest was in March 2019. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Curve Garments Private Limited with revenue of ₹19.76 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address54 Kongu Nagar Iind Street Veerappanchatram, Erode, Tamil Nadu, India – 638004
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Aadhavan Spinners Private Limited
The main business activity of Aadhavan Spinners is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aadhavan Spinners Private Limited FY 2025 filings available
Aadhavan Spinners Private Limited reported revenue of ₹19.73 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Aadhavan Spinners Private Limited
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA fell 9% 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 of Aadhavan Spinners Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.89 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.79 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Aadhavan Spinners Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aadhavan Spinners are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aadhavan Spinners Private Limited
Aadhavan Spinners Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Curve Garments Private Limited | ₹19.76 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Nexgen Fabrics Private Limited | ₹19.76 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Alba Fashions Private Limited | ₹19.75 Cr (FY 2024) | •••• | •••• | 1720262.0% | •••• | Ernakulam, Kerala, India |
| Shri Muthuram Export Private Limited | ₹19.75 Cr (FY 2019) | •••• | •••• | 67.0% | •••• | Coimbatore, Tamil Nadu, India |
| Lata Fibres Private Limited | ₹19.74 Cr (FY 2024) | •••• | •••• | -35.0% | •••• | Mumbai, Maharashtra, India |
| Aadhavan Spinners Private Limited this company | ₹19.73 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Erode, Tamil Nadu, India |
| Tozai Safety Private Limited | ₹19.73 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Shree Sant Krupa Silk Mills Private Limited | ₹19.73 Cr (FY 2024) | •••• | •••• | 55.0% | •••• | Surat, Gujarat, India |
| Yashram Lifestyle Brands Private Limited | ₹19.73 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
| Meetyug Textiles Private Limited | ₹19.72 Cr (FY 2025) | •••• | •••• | 1037.0% | •••• | Sachin, Gujarat, India |
| Cosmic Cottex Private Limited | ₹19.71 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Aadhavan Spinners by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aadhavan Spinners Private Limited
Auditor information for Aadhavan Spinners Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Aadhavan Spinners Private Limited
Aadhavan Spinners has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekaran Natarajan | Director | 08 Mar 2017 | 9 Years 7 Months | Current |
| Manikandan Easwaran | Director | 08 Mar 2017 | 9 Years 7 Months | Current |
| Easwaran Nachimuthu | Managing Director | 08 Mar 2017 | 9 Years 7 Months | Current |
Ownership and Shareholding of Aadhavan Spinners Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aadhavan Spinners Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2017 | Canara Bank | ₹69.5 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of Aadhavan Spinners Private Limited
Aadhavan Spinners Private Limited has 2 deals on record (2 rights issues); the latest was in March 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹2.6 Cr | Investors: 4 individuals |
| Aug 2017 | Rights issue | ₹1.79 Cr | Investors: 4 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Aadhavan Spinners Private Limited
Aadhavan Spinners Private Limited has a workforce of 54 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Aadhavan Spinners Private Limited
Aadhavan Spinners Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Chandraseharan Vidhya ceased to be Additional Director on 28 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Aadhavan Spinners Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aadhavan Spinners Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aadhavan Spinners Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aadhavan Spinners Private Limited
Aadhavan Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAPCA2838N1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aadhavan Spinners Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aadhavan Spinners Private Limited
Aadhavan Spinners is an active private limited company based in Erode, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 March 2017 (9+ years old) and is registered under CIN U17309TZ2017PTC028608.
Aadhavan Spinners reported revenue of ₹19.73 Cr for FY 2025 (up 9% YoY).
Aadhavan Spinners has 3 current directors:
- Easwaran Nachimuthu - Managing Director
- Chandrasekaran Natarajan - Director
- Manikandan Easwaran - Director
Aadhavan Spinners reported a net loss of ₹20.79 Lakh (net margin -1.1%) and EBITDA of ₹1.89 Cr (EBITDA margin 9.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aadhavan Spinners is -16% over three years and -15% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aadhavan Spinners is 33AAPCA2838N1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Aadhavan Spinners is U17309TZ2017PTC028608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aadhavan Spinners was incorporated on 08 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
Aadhavan Spinners has 2 deals on record (2 rights issues); the latest was in March 2019.
The peers of Aadhavan Spinners by revenue are Curve Garments Private Limited, Nexgen Fabrics Private Limited, Alba Fashions Private Limited, Shri Muthuram Export Private Limited, Lata Fibres Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Chandraseharan Vidhya ceased to be Additional Director on 28 Dec 2020. Chandraseharan Vidhya was appointed as Director on 21 Aug 2020. Chandrasekaran Natarajan was appointed as Director on 08 Mar 2017. Aadhavan Spinners has 5 board changes on record in total.