MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-28-0031426
Adarsh Knit Wear Private Limited - fashion and textile in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹260.49 Cr
▲ 12% YoY
Net profit · FY 2024
₹7.65 Cr
Net margin 2.9%
EBITDA · FY 2024
₹17.98 Cr
EBITDA margin 6.9%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹20.5 Cr
Issued & subscribed
Open charges
₹83.64 Cr
Satisfied ₹16.5 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
325
Provident fund records
About Adarsh Knit Wear Private Limited
Data last updated:
Adarsh Knit Wear Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 18 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18101TZ2011PTC016881. Its GSTIN is 33AAJCA3244N1ZL (Tamil Nadu).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹20.5 Cr. It is led by directors including Kuppusamy Rajendran (Managing Director) and Rajendran Gokilavani.
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 1/H – 9 Thanneer Panthal Colony Anuparpalayam (Post) Avsanashi Road, Tirupur, Tamil Nadu, India – 641052.
As per the financials filed for FY 2024, the company reported a revenue of ₹260.49 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹7.65 Cr (net margin 2.9%) and EBITDA of ₹17.98 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 16% over five years.
The company has about 325 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹83.64 Cr and satisfied charges of ₹16.5 Cr on record. Court records list 14 cases involving the company, including 13 filed by the company and 1 filed against it; 1 case is pending.
Adarsh Knit Wear Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0031426). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website adarshknitwear.com.
Company details
CIN U18101TZ2011PTC016881
Registration Number 016881
Incorporation Date 18 March 2011
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-28-0031426
Key People
Kuppusamy Rajendran Managing Director Rajendran Gokilavani Director Adarsh Saran Kuppusamy Rajendran Director Recognitions & Rankings of Adarsh Knit Wear
Contact details
Adarsh Knit Wear Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is adarshknitwear.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1/H – 9 Thanneer Panthal Colony Anuparpalayam (Post) Avsanashi Road, Tirupur, Tamil Nadu, India – 641052
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Adarsh Knit Wear Private Limited, buy the company report.
Comprehensive company report
Adarsh Knit Wear Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Adarsh Knit Wear is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Adarsh Knit Wear Private Limited, buy the company report.
Financials of Adarsh Knit Wear Private Limited
FY 2024 filings availableAdarsh Knit Wear Private Limited reported revenue of ₹260.49 Cr (up 12% YoY) for FY 2024.
Revenue · FY 2024
₹260.49 Cr ▲ 12%
Net profit · FY 2024
₹7.65 Cr margin 2.9%
EBITDA · FY 2024
₹17.98 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 36%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 19%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 12% growth in the latest year. EBITDA rose 63% 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 |
|---|---|---|---|---|---|
| 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 | ₹17.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.65 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Adarsh Knit Wear Private Limited, buy the company report.
Board of directors of Adarsh Knit Wear Private Limited
Adarsh Knit Wear has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendran Gokilavani Also directs: Adarsh Renewable Energy Private Limited | Director | 18 Mar 2011 | 15 Years 7 Months | Current |
| Kuppusamy Rajendran Also directs: Adarsh Renewable Energy Private Limited | Managing Director | 18 Mar 2011 | 15 Years 7 Months | Current |
| Adarsh Saran Kuppusamy Rajendran Also directs: Adarsh Renewable Energy Private Limited | Director | 16 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Adarsh Knit Wear Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Active Clothing Co Limited | ₹297.12 Cr (FY 2025) | 40.0% | Mohali, Punjab, India | |||
| Adarsh Knit Wear Private Limitedthis company | ₹260.49 Cr (FY 2024) | ₹7.65 Cr | 2.9% | 12.0% | Tirupur, Tamil Nadu, India | |
| Ocm Private Limited | ₹250.4 Cr (FY 2025) | -14.0% | Amritsar, Punjab, India | |||
| Janak Sons Knitwear Private Limited | ₹248.17 Cr (FY 2025) | 24.0% | Ludhiana, Punjab, India | |||
| Veekayem Fashion and Apparels Limited | ₹244.32 Cr (FY 2024) | 4.0% | Mumbai, Maharashtra, India | |||
| Shell Apparels Private Limited | ₹244 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Vishal Fashions Private Limited | ₹239.14 Cr (FY 2025) | -3.0% | Surat, Gujarat, India |
To see the full peer comparison of Adarsh Knit Wear Private Limited, buy the company report.
Auditor
Adarsh Knit Wear Private Limited is audited by NA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NA | FY 2022 | NA |
Shareholding
The shareholding of Adarsh Knit Wear Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Adarsh Knit Wear Private Limited, buy the company report.
Charges & borrowings
Open charges
₹83.64 Cr
Satisfied charges
₹16.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2025 | 101067489 | Karnataka Bank Ltd. | ₹8.39 Cr | Open | |
| 28 Jan 2022 | 100528758 | Sidbi | ₹3 Cr | Open | |
| 25 Aug 2021 | 100491278 | Karnataka Bank Ltd. | ₹38.8 Cr | Open | |
| 09 Mar 2018 | 100199931 | Karnataka Bank Ltd. | ₹11.2 Cr | Open | |
| 19 May 2014 | 10510914 | Karnataka Bank Ltd. | ₹22.25 Cr | Open |
To see the full charge records of Adarsh Knit Wear Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Adarsh Knit Wear Private Limited has 14 court cases on record: 13 filed by Adarsh Knit Wear, 1 filed against it. 1 case is pending and 13 are disposed.
Total cases
14
Filed by the company
13
Filed against the company
1
Pending
1
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The State of Tamil Nadu and 2 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The State of Tamil Nadu and 2 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against State of Tamilnadu, and 3 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against State of Tamilnadu, and 3 others | Disposed |
To see the full case history of Adarsh Knit Wear 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
Adarsh Knit Wear Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 138 overdue payments to 97 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 97)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Sakthi Enterprises - E | |||
| Pavan Roadways | |||
| an individual supplier | |||
| K.R.G & Co. (P) | |||
| Freightwings Global Private Limited |
To see the full MSME payment records of Adarsh Knit Wear Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Adarsh Knit Wear has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCA3244N1ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adarsh Knit Wear Private Limited, buy the company report.
Recent activity
Adarsh Knit Wear Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Adarsh Saran Kuppusamy Rajendran was appointed as Director on 16 Jul 2018.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 8.39 Cr with Charge ID 101067489 was registered on 08 Mar 2025.
AGM
Adarsh Knit Wear Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Adarsh Knit Wear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge registered on 18 Jan 2021 via Charge ID 100417825 with Karnataka Bank Ltd. was fully satisfied on 26 Apr 2023.
Charges
A charge with Karnataka Bank Ltd. of Rs. 22.25 Cr registered on 19 May 2014 with Charge ID 10510914 was modified on 30 Mar 2023.
Charges
A charge with Sidbi amounted to Rs. 3.00 Cr with Charge ID 100528758 was registered on 28 Jan 2022.
Charges
A charge with Karnataka Bank Ltd. of Rs. 10.50 Cr registered on 18 Jan 2021 with Charge ID 100417825 was modified on 07 Jan 2022.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 38.80 Cr with Charge ID 100491278 was registered on 25 Aug 2021.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 10.50 Cr with Charge ID 100417825 was registered on 18 Jan 2021.
Appointed
Adarsh Saran Kuppusamy Rajendran was appointed as Director.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 11.20 Cr with Charge ID 100199931 was registered on 09 Mar 2018.
Charges
A charge registered on 16 Mar 2012 via Charge ID 10377557 with Indian Overseas Bank was fully satisfied on 05 Sep 2014.
5 earlier events are in the company report.
Frequently asked questions
Adarsh Knit Wear is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 18 March 2011 (15+ years old) and is registered under CIN U18101TZ2011PTC016881.
Adarsh Knit Wear has 3 current directors:
- Kuppusamy Rajendran - Managing Director
- Rajendran Gokilavani - Director
- Adarsh Saran Kuppusamy Rajendran - Director
The latest financial statements of Adarsh Knit Wear 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 GSTIN of Adarsh Knit Wear is 33AAJCA3244N1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Adarsh Knit Wear is U18101TZ2011PTC016881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adarsh Knit Wear has 14 court cases on record: 13 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Adarsh Knit Wear was incorporated on 18 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Adarsh Knit Wear by revenue are Active Clothing Co Limited, Ocm Private Limited, Janak Sons Knitwear Private Limited, Veekayem Fashion and Apparels Limited, Shell Apparels Private Limited and 1 more, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Adarsh Saran Kuppusamy Rajendran was appointed as Director on 16 Jul 2018. Kuppusamy Rajendran was appointed as Managing Director on 18 Mar 2011. Rajendran Gokilavani was appointed as Director on 18 Mar 2011.
Yes, Adarsh Knit Wear is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-28-0031426).
Adarsh Knit Wear has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 138 overdue payments to 97 micro and small suppliers. The latest return was filed on 03 Jun 2019.
Adarsh Knit Wear can be reached through the website adarshknitwear.com. Its registered office is in Tirupur, Tamil Nadu, India.
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