About Ashok Textile Mills Private Limited
Data last updated:
Ashok Textile Mills Private Limited is a private limited company based in Namakkal, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1995PTC005791. Its GSTIN is 33AACCS7046P1ZY (Tamil Nadu).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It is led by directors Ashok Kumar (Managing Director) and Revathi (Whole-Time Director).
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 10/243 Thuraiyur Main Road Ponneri Post, Namakkal, Tamil Nadu, India – 637013.
As per the financials filed for FY 2025, the company reported a revenue of ₹270.21 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.96 Cr (net margin 0.7%) and EBITDA of ₹46.92 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 10% over five years.
The company has about 508 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹244.78 Cr and satisfied charges of ₹8.58 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company. The company has 15 deals on record (11 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹7.8 Cr; the latest was in June 2017. Its 9 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 5 smaller; the largest is Rudra Cottex Private Limited with revenue of ₹276.55 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saranyaspinningmills.in.
Company details
Contact details
Ashok Textile Mills Private Limited's registered office is in Namakkal, Tamil Nadu. Its website is saranyaspinningmills.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address10/243 Thuraiyur Main Road Ponneri Post, Namakkal, Tamil Nadu, India – 637013
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ashok Textile Mills 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 activities of Ashok Textile 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Ashok Textile Mills Private Limited, buy the company report.
Financials of Ashok Textile Mills Private Limited
FY 2024 filings availableAshok Textile Mills Private Limited reported revenue of ₹270.21 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 9% growth in the latest year. EBITDA rose 13% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹46.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.96 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Ashok Textile Mills Private Limited, buy the company report.
Board of directors of Ashok Textile Mills Private Limited
Ashok Textile Mills has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Also directs: Ashok Natural Farms Private Limited | Managing Director | 19 Jan 2001 | 25 Years 9 Months | Current |
| Revathi Also directs: Ashok Natural Farms Private Limited | Whole-Time Director | 20 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Ashok Textile Mills Private Limited is compared with the 9 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rudra Cottex Private Limited | ₹276.55 Cr (FY 2025) | 24.0% | Odhav, Gujarat, India | |||
| Anugraha Fashion Mill Private Limited | ₹273.95 Cr (FY 2024) | 18.0% | Tirupur, Tamil Nadu, India | |||
| Vinod Cotfab Private Limited | ₹271.32 Cr (FY 2025) | -40.0% | Ahmedabad, Gujarat, India | |||
| Cygnet Industries Limited | ₹270.62 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Ashok Textile Mills Private Limitedthis company | ₹270.21 Cr (FY 2025) | ₹1.96 Cr | 0.7% | 9.0% | 508 | Namakkal, Tamil Nadu, India |
| Modern Threads (India) Limited | ₹269.89 Cr (FY 2025) | -11.0% | Bhilwara, Rajasthan, India | |||
| Akr Industries Private Limited | ₹269.87 Cr (FY 2024) | -17.0% | Tirupur, Tamil Nadu, India | |||
| Maruti Cotex Limited | ₹269.53 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Mother Land Textile India Private Limited | ₹269.03 Cr (FY 2025) | 18.0% | Coimbatore, Tamil Nadu, India | |||
| Sara Textiles Limited | ₹268.26 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ashok Textile Mills Private Limited, buy the company report.
Auditor
Ashok Textile Mills Private Limited is audited by E.RADHAKRISHNAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E.RADHAKRISHNAN & CO | FY 2023 | 003305S |
Shareholding
The shareholding of Ashok Textile Mills Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | 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 Ashok Textile Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2025 | 101105262 | Indian Bank | ₹9.5 Cr | Open | |
| 19 Jan 2024 | 100858663 | Others | ₹10 Cr | Open | |
| 08 Dec 2023 | 100831756 | Others | ₹47.96 Lakh | Open | |
| 08 Dec 2023 | 100838688 | Others | ₹24 Lakh | Open | |
| 31 Jul 2021 | 100473989 | Others | ₹4.75 Cr | Open |
To see the full charge records of Ashok Textile Mills Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Ashok Textile Mills Private Limited has 15 deals on record (11 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹7.8 Cr; the latest was in June 2017.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Ashok Textile 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.
Legal cases
Ashok Textile Mills Private Limited has 8 court cases on record: 8 filed by Ashok Textile Mills. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against State of Tamilnadu, | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against State of Tamilnadu, | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Ashok Textile Mills 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.
Credit ratings & regulatory alerts
Ashok Textile Mills Private Limited was last rated by Indiarating on 10 Feb 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 10 Feb 2021 |
To see the full credit ratings and regulatory alerts of Ashok Textile Mills Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashok Textile Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashok Textile Mills Private Limited has a workforce of 508 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Ashok Textile Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCS7046P1ZY | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashok Textile Mills Private Limited, buy the company report.
Recent activity
Ashok Textile Mills Private Limited has 9 board changes on record since 2001: 2 appointments and 7 cessations. The latest: Arunkumar ceased to be Director on 20 Feb 2018.
10 earlier events are in the company report.
Frequently asked questions
Ashok Textile Mills is an active private limited company based in Namakkal, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 February 1995 (31+ years old) and is registered under CIN U17111TZ1995PTC005791.
Ashok Textile Mills has 2 current directors:
- Ashok Kumar - Managing Director
- Revathi - Whole-Time Director
The latest financial statements of Ashok Textile 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 Ashok Textile Mills is 33AACCS7046P1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ashok Textile Mills is U17111TZ1995PTC005791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashok Textile Mills has 8 court cases on record: 8 filed by the company.
Ashok Textile Mills was incorporated on 13 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Coimbatore.
Ashok Textile Mills has 15 deals on record (11 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹7.8 Cr; the latest was in June 2017.
The peers of Ashok Textile Mills by revenue are Rudra Cottex Private Limited, Anugraha Fashion Mill Private Limited, Vinod Cotfab Private Limited, Cygnet Industries Limited, Modern Threads (India) Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Arunkumar ceased to be Director on 20 Feb 2018. Ashok Kumar ceased to be Director on 20 Feb 2018. Kandasamy Thangavelu ceased to be Director on 20 Feb 2018. Ashok Textile Mills has 9 board changes on record in total.
Ashok Textile Mills can be reached through the website saranyaspinningmills.in. Its registered office is in Namakkal, Tamil Nadu, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
