Aks Embroidery Private Limited
About Aks Embroidery Private Limited
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Aks Embroidery Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18204TZ2007PTC013849. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It was formerly known as Tiptop Embroidery Private Limited. It is led by directors Lingasamy Jaganathan (Managing Director) and Kumarasamy Sudha.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at No.49/13 Glory Complex First Floor Ayyan Nagar Extn Mangalam Road, Tirupur, Tamil Nadu, India – 641604.
As per the financials filed for FY 2016, the company reported a revenue of ₹51.53 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹3.71 Lakh (net margin -7.2%) and EBITDA of ₹19.27 Lakh (EBITDA margin 37.4%).
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.27 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Aks Embroidery Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo.49/13 Glory Complex First Floor Ayyan Nagar Extn Mangalam Road, Tirupur, Tamil Nadu, India – 641604
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Aks Embroidery 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
Business activity
The main business activity of Aks Embroidery is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Aks Embroidery Private Limited, buy the company report.
Financials of Aks Embroidery Private Limited
FY 2016 filings availableAks Embroidery Private Limited reported revenue of ₹51.53 Lakh (down 56% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year. EBITDA fell 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹51.53 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹19.27 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.71 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 37.4% | |
| Net Profit Margin | -7.2% | |
| 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 Aks Embroidery Private Limited, buy the company report.
Board of directors of Aks Embroidery Private Limited
Aks Embroidery has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lingasamy Jaganathan | Managing Director | 12 Jul 2007 | 19 Years 3 Months | Current |
| Kumarasamy Sudha | Director | 25 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Aks Embroidery Private Limited is audited by M.KANDASAMI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.KANDASAMI & CO | FY 2016 | 008418S |
Shareholding
The shareholding of Aks Embroidery Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aks Embroidery Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2010 | 10199680 | City Union Bank Limited | ₹2.03 Cr | Open | |
| 09 Aug 2007 | 10069485 | City Union Bank Limited | ₹1.24 Cr | Open |
To see the full charge records of Aks Embroidery Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Aks Embroidery Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aks Embroidery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aks Embroidery has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aks Embroidery Private Limited, buy the company report.
Recent activity
Aks Embroidery Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Eswaran Tharani ceased to be Director on 13 May 2016.
1 earlier event is in the company report.
Frequently asked questions
Aks Embroidery is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 July 2007 (19+ years old) and is registered under CIN U18204TZ2007PTC013849.
Aks Embroidery has 2 current directors:
- Lingasamy Jaganathan - Managing Director
- Kumarasamy Sudha - Director
The latest financial statements of Aks Embroidery on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Aks Embroidery has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Aks Embroidery is U18204TZ2007PTC013849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aks Embroidery was incorporated on 12 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Coimbatore.
Eswaran Tharani ceased to be Director on 13 May 2016. Muthusamy Duraisamy ceased to be Director on 13 May 2016. Ramasamygounder Eswaran ceased to be Director on 13 May 2016. Aks Embroidery has 7 board changes on record in total.
The registered office of Aks Embroidery is at No.4913 Glory Complex First Floor Ayyan Nagar Extn Mangalam Road, Tirupur, Tamil Nadu, India – 641604.
Aks Embroidery operates in the manufacturing industry, in the textile and fabric production segment.
Aks Embroidery has open charges of ₹3.27 Cr and no satisfied charges on record as per latest MCA filings.
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