Agarram Spintex Mills Private Limited

Agarram Spintex Mills Private Limited - appreal & fashion in Periyar, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ1994PTC005301 Incorporated 26 August 1994 ROC Coimbatore HQ Periyar, Tamil Nadu, India
Active Private Limited Company appreal and fashion MSME · Micro
Data last updated
Revenue · FY 2023
₹3.17 Cr
▼ 27% YoY
Net profit · FY 2023
₹1.59 Lakh
Net margin 0.5%
EBITDA · FY 2023
₹22.64 Lakh
EBITDA margin 7.1%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹1.39 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Employees · EPFO
28
Provident fund records

About Agarram Spintex Mills Private Limited

Data last updated:

Agarram Spintex Mills Private Limited is a private limited company based in Periyar, Tamil Nadu, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 26 August 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1994PTC005301. Its GSTIN is 33AADCS8150K1Z8 (Tamil Nadu).

The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Karuppusamy Srinivasan (Managing Director) and Manickam Kavitha.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sf No 753/2 Karur Roadd Kalipalayam Post Dharappuram, Periyar, Tamil Nadu, India – 638661.

As per the financials filed for FY 2023, the company reported a revenue of ₹3.17 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.59 Lakh (net margin 0.5%) and EBITDA of ₹22.64 Lakh (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.

The company has about 28 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.39 Cr on record.

Agarram Spintex Mills Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0026572). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17111TZ1994PTC005301
Registration Number 005301
Incorporation Date 26 August 1994
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-28-0026572

Recognitions & Rankings of Agarram Spintex Mills

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-28-0026572

Contact details

Agarram Spintex Mills Private Limited's registered office is in Periyar, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Sf No 753/2 Karur Roadd Kalipalayam Post Dharappuram, Periyar, Tamil Nadu, India – 638661
  • Industry
    Appreal & Fashion, Leather, Textile, Apparel

To see the full contact details of Agarram Spintex Mills Private Limited, buy the company report.

Comprehensive company report
Agarram Spintex Mills 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 Agarram Spintex Mills is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Agarram Spintex Mills Private Limited, buy the company report.

Financials of Agarram Spintex Mills Private Limited

FY 2023 filings available

Agarram Spintex Mills Private Limited reported revenue of ₹3.17 Cr (down 27% YoY) for FY 2023.

Revenue · FY 2023
₹3.17 Cr ▼ 27%
Net profit · FY 2023
₹1.59 Lakh margin 0.5%
EBITDA · FY 2023
₹22.64 Lakh margin 7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 7%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 1%
5 years · compounded
▲ 2%

Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 27% fall in the latest year. EBITDA rose 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹22.64 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.59 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin7.1%
Net Profit Margin0.5%
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 Agarram Spintex Mills Private Limited, buy the company report.

Board of directors of Agarram Spintex Mills Private Limited

Agarram Spintex Mills has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Karuppusamy SrinivasanManaging Director26 Aug 199432 Years 2 MonthsCurrent
Manickam KavithaDirector05 Oct 200719 Years 1 MonthsCurrent

Peer comparison

Agarram Spintex Mills Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
H L Textiles Limited₹3.17 Cr (FY 2025)1.0%New Delhi, Delhi, India
D C Synthetics Pvt Ltd₹3.17 Cr (FY 2023)-15.0%Mumbai, Maharashtra, India
Narad Textiles Private Limited₹3.17 Cr (FY 2025)253.0%Shirpur, Maharashtra, India
Agarram Spintex Mills Private Limitedthis company₹3.17 Cr (FY 2023)₹1.59 Lakh0.5%-27.0%28Periyar, Tamil Nadu, India
Vishal Ethnic Private Limited₹3.16 Cr (FY 2025)-26.0%Nagpur, Maharashtra, India
Leo Carlo Fabrics Private Limited₹3.16 Cr (FY 2025)-41.0%Mumbai, Maharashtra, India
Euromed Health Private Limited₹3.16 Cr (FY 2025)20.0%Rajapalayam, Tamil Nadu, India

To see the full peer comparison of Agarram Spintex Mills Private Limited, buy the company report.

Auditor

Agarram Spintex Mills Private Limited is audited by N.THANGAVEL for the financial year 2017.

Auditor firmFinancial yearFirm registration number
N.THANGAVELFY 2017026281

Shareholding

The shareholding of Agarram Spintex Mills Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Agarram Spintex Mills Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.39 Cr
Satisfied charges
None
Breakdown by lending institutions
Karnataka Bank Ltd.₹1.39 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Sep 199590002834Karnataka Bank Ltd.₹1.39 CrOpen

To see the full charge records of Agarram Spintex Mills Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Agarram Spintex Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Agarram Spintex Mills Private Limited has a workforce of 28 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
28
Active EPFO establishments
1
Employee growth
-6.67%

GST

Agarram Spintex Mills has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AADCS8150K1Z8Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Agarram Spintex Mills Private Limited, buy the company report.

Recent activity

Agarram Spintex Mills Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Manickam Kavitha was appointed as Director on 05 Oct 2007.

AGM
Agarram Spintex Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Agarram Spintex Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Charges
A charge with Karnataka Bank Ltd. of Rs. 1.39 Cr registered on 22 Sep 1995 with Charge ID 90002834 was modified on 31 Mar 2022.
Appointed
Manickam Kavitha was appointed as Director.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 1.39 Cr with Charge ID 90002834 was registered on 22 Sep 1995.
Appointed
Karuppusamy Srinivasan was appointed as Managing Director.
Incorporation
26 Aug 1994
Agarram Spintex Mills Private Limited was registered on 26 Aug 1994 with Roc Coimbatore & aged 32 years 2 months as per MCA records.

Frequently asked questions

Agarram Spintex Mills is an active private limited company based in Periyar, Tamil Nadu, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 26 August 1994 (32+ years old) and is registered under CIN U17111TZ1994PTC005301.

Agarram Spintex Mills has 2 current directors:

The latest financial statements of Agarram Spintex Mills on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Agarram Spintex Mills is 33AADCS8150K1Z8, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Agarram Spintex Mills is U17111TZ1994PTC005301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Agarram Spintex Mills was incorporated on 26 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Agarram Spintex Mills by revenue are H L Textiles Limited, D C Synthetics Pvt Ltd, Narad Textiles Private Limited, Vishal Ethnic Private Limited, Leo Carlo Fabrics Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Manickam Kavitha was appointed as Director on 05 Oct 2007. Karuppusamy Srinivasan was appointed as Managing Director on 26 Aug 1994.

Yes, Agarram Spintex Mills is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-28-0026572).

The registered office of Agarram Spintex Mills is at Sf No 7532 Karur Roadd Kalipalayam Post Dharappuram, Periyar, Tamil Nadu, India – 638661.

Agarram Spintex Mills operates in the apparel and fashion industry, in the leather segment.