Armstrong Spinning Mills Private Limited

Armstrong Spinning Mills Private Limited - environment in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ1994PTC005453 Incorporated 26 October 1994 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company environment MSME · Medium
Data last updated
Revenue · FY 2022
₹207.08 Cr
▲ 58% YoY
Net profit · FY 2022
₹16.43 Cr
Net margin 7.9%
EBITDA · FY 2022
₹27.2 Cr
EBITDA margin 13.1%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹14.4 Cr
Issued & subscribed
Open charges
₹93.92 Cr
Satisfied ₹126.39 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
536
Provident fund records

About Armstrong Spinning Mills Private Limited

Data last updated:

Armstrong Spinning Mills Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 26 October 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1994PTC005453. Its GSTIN is 33AACCA5129P1ZK (Tamil Nadu). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.4 Cr. It is led by directors including Palanisamy (Managing Director) and Renugadevi Palanisamy.

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 61 C Samynathapuram II Streetanupparpalayam Tirupur, Coimbatore, Tamil Nadu, India – 641652.

As per the financials filed for FY 2022, the company reported a revenue of ₹207.08 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹16.43 Cr (net margin 7.9%) and EBITDA of ₹27.2 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.

The company has about 536 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Armstrong Spinning Mills. As per MCA filings, the company has open charges of ₹93.92 Cr and satisfied charges of ₹126.39 Cr on record. Court records list 25 cases involving the company, including 23 filed by the company and 2 filed against it; 6 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹16 Cr; the latest was in March 2023. Its 5 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 1 smaller; the largest is Dipu Enterprises Pvt Limited with revenue of ₹208.63 Cr.

Armstrong Spinning Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0022319). 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 armstrong-india.com.

Company details

CIN U17111TZ1994PTC005453
Registration Number 005453
Incorporation Date 26 October 1994
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-28-0022319
Key People
Palanisamy Managing Director Renugadevi Palanisamy Director Palanisamy Vivekanand Director

Recognitions & Rankings of Armstrong Spinning Mills

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-28-0022319

Contact details

Armstrong Spinning Mills Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is armstrong-india.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    armstrong-india.com
  • Registered Address
    61 C Samynathapuram II Streetanupparpalayam Tirupur, Coimbatore, Tamil Nadu, India – 641652
  • Industry
    Environment, Solar Energy Solutions, Wind Energy Solutions

To see the full contact details of Armstrong Spinning Mills Private Limited, buy the company report.

Comprehensive company report
Armstrong Spinning 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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Brands

Armstrong Spinning Mills operates one associated brand: Armstrong Spinning Mills. Each brand links to its own profile.

BrandDescriptionWebsite
Armstrong Spinning Mills
Diversified conglomerates operates across multiple industriesarmstrong-india.com

Business activity

The main business activities of Armstrong Spinning Mills are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers textile, leather and other apparel products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

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

Financials of Armstrong Spinning Mills Private Limited

FY 2024 filings available

Armstrong Spinning Mills Private Limited reported revenue of ₹207.08 Cr (up 58% YoY) for FY 2022.

Revenue · FY 2022
₹207.08 Cr ▲ 58%
Net profit · FY 2022
₹16.43 Cr margin 7.9%
EBITDA · FY 2022
₹27.2 Cr margin 13.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 9%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 14%
5 years · compounded
▲ 14%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 58% growth in the latest year. EBITDA rose 33% 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹207.08 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹27.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹16.43 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin13.1%
Net Profit Margin7.9%
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 Armstrong Spinning Mills Private Limited, buy the company report.

Board of directors of Armstrong Spinning Mills Private Limited

Armstrong Spinning Mills has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Palanisamy
Also directs: Sense Organics Sustainable Private Limited, Armstrong Textiles Processing Private Limited, Armstrong Knitting Mills Private Limited and 5 more
Managing Director23 Dec 200223 Years 10 MonthsCurrent
Renugadevi Palanisamy
Also directs: Armstrong Textiles Processing Private Limited, Armstrong Knitting Mills Private Limited, Armstrong Power Private Limited and 5 more
Director26 Oct 199432 Years 0 MonthsCurrent
Palanisamy Vivekanand
Also directs: Yercaud Brookland Orchards LLP, Infinium Shelters LLP, Sivapuram Properties LLP and 5 more
Director26 Oct 199432 Years 0 MonthsCurrent
View all directors

Peer comparison

Armstrong Spinning Mills Private Limited is compared with the 5 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
Dipu Enterprises Pvt Limited₹208.63 Cr (FY 2025)34.0%Mumbai, Maharashtra, India
Morarjee Textiles Limited₹208.16 Cr (FY 2023)-24.0%Mumbai, Maharashtra, India
Victory Spinning Mills Private Limited₹207.66 Cr (FY 2025)5.0%Namakkal, Tamil Nadu, India
Olive Tex Silk Mills Private Limited₹207.48 Cr (FY 2025)8.0%Mumbai, Maharashtra, India
Armstrong Spinning Mills Private Limitedthis company₹207.08 Cr (FY 2022)₹16.43 Cr7.9%58.0%536Coimbatore, Tamil Nadu, India
Voith Paper Fabrics India Limited₹206.62 Cr (FY 2025)6.0%Farida Bad, Haryana, India

To see the full peer comparison of Armstrong Spinning Mills Private Limited, buy the company report.

Shareholding

The shareholding of Armstrong Spinning Mills 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Armstrong Spinning Mills Private Limited, buy the company report.

Charges & borrowings

Open charges
₹93.92 Cr
Satisfied charges
₹126.39 Cr
Breakdown by lending institutions
Canara Bank₹50.78 Cr
Hdfc Bank Limited₹43.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Mar 2024100882512Hdfc Bank Limited₹10 CrOpen
17 Feb 2024100883779Hdfc Bank Limited₹12.71 CrOpen
11 Jan 2024100852673Hdfc Bank Limited₹20.43 CrOpen
15 Jun 2022100581617Canara Bank₹50.78 CrOpen
28 Oct 2020100391915City Union Bank Limited₹7.91 CrSatisfied

To see the full charge records of Armstrong Spinning Mills Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Armstrong Spinning Mills Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹16 Cr; the latest was in March 2023.

Total deals
6
Secondary share transfers
5
Funding round
1
Disclosed funding
₹16 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2023Secondary share transferUndisclosedBuyer: an individual
Seller: Armstrong Knitting Mills, an individual
Mar 2023Secondary share transferUndisclosedBuyer: Armstrong Textiles Processing Private Limited
Seller: an individual
Jun 2022Secondary share transferUndisclosedBuyer: Armstrong Textiles Processing Private Limited , Armstrong Knitting Mills, an individual
Seller: an individual
Jan 2022Secondary share transferUndisclosedBuyer: Armstrong Knitting Mills, 2 individuals
Seller: Armstrong Textiles Processing Private Limited , an individual
Dec 2017Secondary share transferUndisclosedBuyer: Armstrong Textiles Processing Private Limited
Seller: 3 individuals

To see the full deal history of Armstrong Spinning Mills Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Armstrong Spinning Mills Private Limited was last rated by Crisil on 07 May 2020.

Rating agencyRated onRating
Crisil07 May 2020

To see the full credit ratings and regulatory alerts of Armstrong Spinning Mills Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Armstrong Spinning Mills Private Limited has a workforce of 536 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.

Employee count
536
Active EPFO establishments
1
Employee growth
0.94%

GST

Armstrong Spinning Mills has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AACCA5129P1ZKTamil NaduActive01 Jul 2017
21AACCA5129P1ZPOdishaActive23 Sep 2024

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

Recent activity

Armstrong Spinning Mills Private Limited has 3 board changes on record since 1994: 3 appointments. The latest: Palanisamy was appointed as Managing Director on 23 Dec 2002.

AGM
Armstrong Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 20.43 Cr registered on 11 Jan 2024 with Charge ID 100852673 was modified on 24 May 2024.
Filing
Armstrong Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100882512 was registered on 01 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.71 Cr with Charge ID 100883779 was registered on 17 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.43 Cr with Charge ID 100852673 was registered on 11 Jan 2024.
Charges
A charge with Canara Bank of Rs. 50.78 Cr registered on 15 Jun 2022 with Charge ID 100581617 was modified on 27 Feb 2023.
Charges
A charge with Canara Bank amounted to Rs. 50.78 Cr with Charge ID 100581617 was registered on 15 Jun 2022.
Charges
A charge registered on 28 Oct 2020 via Charge ID 100391915 with City Union Bank Limited was fully satisfied on 09 Jun 2022.
Charges
A charge registered on 29 Jun 2018 via Charge ID 100225353 with City Union Bank Limited was fully satisfied on 09 Jun 2022.
Charges
A charge with City Union Bank Limited of Rs. 7.91 Cr registered on 28 Oct 2020 with Charge ID 100391915 was modified on 28 Jan 2022.
Charges
A charge with City Union Bank Limited of Rs. 51.85 Cr registered on 29 Jun 2018 with Charge ID 100225353 was modified on 23 Jul 2021.

14 earlier events are in the company report.

Frequently asked questions

Armstrong Spinning Mills is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 26 October 1994 (32+ years old) and is registered under CIN U17111TZ1994PTC005453.

Armstrong Spinning Mills has 3 current directors:

The latest financial statements of Armstrong Spinning Mills 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 Armstrong Spinning Mills is 33AACCA5129P1ZK, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AACCA5129P1ZP (Odisha).

The CIN (Corporate Identification Number) of Armstrong Spinning Mills is U17111TZ1994PTC005453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Armstrong Spinning Mills has 25 court cases on record: 23 filed by the company and 2 filed against it. 6 are pending. Most are in the high courts.

Armstrong Spinning Mills was incorporated on 26 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.

Armstrong Spinning Mills has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹16 Cr; the latest was in March 2023.

The peers of Armstrong Spinning Mills by revenue are Dipu Enterprises Pvt Limited, Morarjee Textiles Limited, Victory Spinning Mills Private Limited, Olive Tex Silk Mills Private Limited, Voith Paper Fabrics India Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Palanisamy was appointed as Managing Director on 23 Dec 2002. Palanisamy Vivekanand was appointed as Director on 26 Oct 1994. Renugadevi Palanisamy was appointed as Director on 26 Oct 1994.

Yes, Armstrong Spinning Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-28-0022319).