MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-03-0015379
Appachi Eco-Logic Cotton Private Limited - e-commerce in Pollachi, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹42.88 Lakh
▼ 52% YoY
Net profit · FY 2024
₹75,589
Net margin 1.8%
EBITDA · FY 2024
₹6.2 Lakh
EBITDA margin 14.5%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹8.32 Cr
Issued & subscribed
Satisfied charges
₹9 Cr
No open charges
Company age
13 yrs
Est. 2013
Employees · EPFO
2
Provident fund records
About Appachi Eco-Logic Cotton Private Limited
Data last updated:
Appachi Eco-Logic Cotton Private Limited is a private limited company based in Pollachi, Tamil Nadu, India. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 11 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17200TZ2013PTC034521. Its GSTIN is 29AALCA8979L1ZK (Karnataka). The company holds 17 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹8.32 Cr. It is led by directors Mani Chinnaswamy (Managing Director) and Vijayalakshmi Nachiar.
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 No. 46 Meenakarai Road Zaminuthukuli, Pollachi, Tamil Nadu, India – 642004.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.88 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹75,589 (net margin 1.8%) and EBITDA of ₹6.2 Lakh (EBITDA margin 14.5%). Revenue has declined at a compounded annual rate (CAGR) of 39% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Ethicus and Appachi Cotton. As per MCA filings, the company has satisfied charges of ₹9 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹13.85 Cr; the latest was in November 2018. Its 6 peer companies in the Ecommerce and Internet industry (Apparel, Cotton), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 1 smaller; the largest is Taads Apparel Private Limited with revenue of ₹44.04 Lakh.
Appachi Eco-Logic Cotton Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0015379). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ethicus.in.
Company details
CIN U17200TZ2013PTC034521
Registration Number 034521
Incorporation Date 11 July 2013
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-03-0015379
CIN history
Appachi Eco-Logic Cotton has one previous CIN (Corporate Identification Number): U17200TN2013PTC092096. The current CIN is U17200TZ2013PTC034521, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17200TZ2013PTC034521 | Current |
| U17200TN2013PTC092096 | Previous |
Recognitions & Rankings of Appachi Eco-Logic Cotton
Contact details
Appachi Eco-Logic Cotton Private Limited's registered office is in Pollachi, Tamil Nadu. Its website is ethicus.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 46 Meenakarai Road Zaminuthukuli, Pollachi, Tamil Nadu, India – 642004
- IndustryE-Commerce, Online Apparel Retail
To see the full contact details of Appachi Eco-Logic Cotton Private Limited, buy the company report.
Comprehensive company report
Appachi Eco-Logic Cotton 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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Brands
Appachi Eco-Logic Cotton operates two associated brands: Ethicus and Appachi Cotton. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Web hosting control panel services and support management are offered through Virtualmin. | appachicotton.com | |
| Offers handwoven organic cotton sarees, accessories, and home decor online. | ethicus.in |
Business activity
The main business activity of Appachi Eco-Logic Cotton 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 Appachi Eco-Logic Cotton Private Limited, buy the company report.
Financials of Appachi Eco-Logic Cotton Private Limited
FY 2025 filings availableAppachi Eco-Logic Cotton Private Limited reported revenue of ₹42.88 Lakh (down 52% YoY) for FY 2024.
Revenue · FY 2024
₹42.88 Lakh ▼ 52%
Net profit · FY 2024
₹75,589 margin 1.8%
EBITDA · FY 2024
₹6.2 Lakh margin 14.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 52%
5 years · compounded
▼ 39%
EBITDA CAGR growth
1 year
▲ 159%
3 years · compounded
▼ 14%
5 years · compounded
▲ 15%
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 52% fall in the latest year. EBITDA rose 159% 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 | ₹6.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹75,589 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| 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 | 14.5% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Appachi Eco-Logic Cotton Private Limited, buy the company report.
Board of directors of Appachi Eco-Logic Cotton Private Limited
Appachi Eco-Logic Cotton has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayalakshmi Nachiar | Director | 11 Jul 2013 | 13 Years 3 Months | Current |
| Mani Chinnaswamy | Managing Director | 11 Jul 2013 | 13 Years 3 Months | Current |
Peer comparison
Appachi Eco-Logic Cotton Private Limited is compared with the 6 companies closest to it by revenue in the Ecommerce and Internet industry (Apparel, Cotton), 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 |
|---|---|---|---|---|---|---|
| Taads Apparel Private Limited | ₹44.04 Lakh (FY 2016) | 279.0% | New Delhi, Delhi, India | |||
| Arsa Lifestyle Private Limited | ₹43.74 Lakh (FY 2025) | 339.0% | Gurgaon, Haryana, India | |||
| Corganics Apparel Private Limited | ₹43.48 Lakh (FY 2025) | -6.0% | Gurgaon, Haryana, India | |||
| Nagammai Cotton Mills Private Limited | ₹43.46 Lakh (FY 2025) | -83.0% | Chennai, Tamil Nadu, India | |||
| Map Apparel Private Limited | ₹43.32 Lakh (FY 2020) | 65.0% | Siwan, Bihar, India | |||
| Appachi Eco-Logic Cotton Private Limitedthis company | ₹42.88 Lakh (FY 2024) | ₹75,589 | 1.8% | -52.0% | 2 | Pollachi, Tamil Nadu, India |
| Owo the Label (OPC) Private Limited | ₹42.21 Lakh (FY 2024) | 4.0% | Surat, Gujarat, India |
To see the full peer comparison of Appachi Eco-Logic Cotton Private Limited, buy the company report.
Auditor
Appachi Eco-Logic Cotton Private Limited is audited by KARTHIKEYAN & JAYARAM for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARTHIKEYAN & JAYARAM | FY 2023 | 07570S |
Shareholding
The shareholding of Appachi Eco-Logic Cotton 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Appachi Eco-Logic Cotton Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2013 | 10465062 | Canara Bank | ₹9 Cr | Satisfied |
To see the full charge records of Appachi Eco-Logic Cotton Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Appachi Eco-Logic Cotton Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹13.85 Cr; the latest was in November 2018.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹13.85 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: GBI Master Fund I, LP |
| Jan 2015 | Funding round | ₹4.35 Cr | Investors: GBI Master Fund I, LP |
| Mar 2014 | Funding round | ₹9.5 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Appachi Eco-Logic Cotton Private Limited has 1 court case on record: 1 filed by Appachi Eco-Logic Cotton. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Appachi Eco-Logic Cotton 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 Appachi Eco-Logic Cotton Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Appachi Eco-Logic Cotton Private Limited has a workforce of 2 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Appachi Eco-Logic Cotton has 17 GST registrations: 3 active and 14 cancelled or inactive.
Total GSTINs
17
Active
3
Cancelled / inactive
14
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA8979L1ZK | Karnataka | Active | 01 Jul 2017 |
| 33AALCA8979L1ZV | Tamil Nadu | Active | 01 Jul 2017 |
| 332500001316RFA | Tamil Nadu | Active | 16 May 2025 |
To see the full GST registrations and return filing status of Appachi Eco-Logic Cotton Private Limited, buy the company report.
Recent activity
Appachi Eco-Logic Cotton Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Mani Chinnaswamy was appointed as Managing Director on 11 Jul 2013.
AGM
Appachi Eco-Logic Cotton Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Appachi Eco-Logic Cotton Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge registered on 30 Oct 2013 via Charge ID 10465062 with Canara Bank was fully satisfied on 24 Apr 2019.
Charges
A charge with Canara Bank of Rs. 9.00 Cr registered on 30 Oct 2013 with Charge ID 10465062 was modified on 24 Jan 2017.
Charges
A charge with Canara Bank amounted to Rs. 9.00 Cr with Charge ID 10465062 was registered on 30 Oct 2013.
Appointed
Mani Chinnaswamy was appointed as Managing Director.
Appointed
Vijayalakshmi Nachiar was appointed as Director.
Incorporation
11 Jul 2013
Appachi Eco-Logic Cotton Private Limited was registered on 11 Jul 2013 with Roc Coimbatore & aged 13 years 3 months as per MCA records.
Frequently asked questions
Appachi Eco-Logic Cotton is an active private limited company based in Pollachi, Tamil Nadu, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 11 July 2013 (13+ years old) and is registered under CIN U17200TZ2013PTC034521.
Appachi Eco-Logic Cotton has 2 current directors:
- Mani Chinnaswamy - Managing Director
- Vijayalakshmi Nachiar - Director
The latest financial statements of Appachi Eco-Logic Cotton on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Appachi Eco-Logic Cotton is 29AALCA8979L1ZK, registered in Karnataka. The company has 17 GST registrations in all, of which 3 are active and 14 are cancelled or inactive. Other active GSTINs include 33AALCA8979L1ZV (Tamil Nadu), 332500001316RFA (Tamil Nadu).
The CIN (Corporate Identification Number) of Appachi Eco-Logic Cotton is U17200TZ2013PTC034521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appachi Eco-Logic Cotton has 1 court case on record: 1 filed by the company.
Appachi Eco-Logic Cotton was incorporated on 11 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Coimbatore.
Appachi Eco-Logic Cotton has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹13.85 Cr; the latest was in November 2018.
The peers of Appachi Eco-Logic Cotton by revenue are Taads Apparel Private Limited, Arsa Lifestyle Private Limited, Corganics Apparel Private Limited, Nagammai Cotton Mills Private Limited, Map Apparel Private Limited and 1 more, all in the Ecommerce and Internet industry (Apparel, Cotton), with the same principal business activity (textile, leather and other apparel products).
Mani Chinnaswamy was appointed as Managing Director on 11 Jul 2013. Vijayalakshmi Nachiar was appointed as Director on 11 Jul 2013.
Yes, Appachi Eco-Logic Cotton is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0015379).
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