About Ashwinram Spinning Mills Private Limited
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Ashwinram Spinning Mills Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1990PTC002572. Its GSTIN is 33AACCA5004H1ZB (Tamil Nadu).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹65 Lakh. It is led by directors including Srinivasan Murali (Managing Director) and Murali Ashwin Dwarakaesh.
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 No 15 Lml Colony Ammankulam P N Palayam, Coimbatore, Tamil Nadu, India – 641037.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.39 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹69.86 Lakh (net margin 0.9%) and EBITDA of ₹3.89 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
The company is associated with 1 brand: Ashwinram Spinning Mills. As per MCA filings, the company has open charges of ₹15.36 Cr and satisfied charges of ₹53.01 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹15 Lakh; the latest was in May 2015. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 4 smaller; the largest is Krishna Art Silk Cloths Private Limited with revenue of ₹81.66 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 ashwinram.com.
Company details
Contact details
Ashwinram Spinning Mills Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is ashwinram.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 15 Lml Colony Ammankulam P N Palayam, Coimbatore, Tamil Nadu, India – 641037
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ashwinram Spinning 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
Brands
Ashwinram Spinning Mills operates one associated brand: Ashwinram Spinning Mills. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures 100% cotton OE yarn for industrial purposes in Coimbatore. | ashwinram.com |
Business activity
The main business activity of Ashwinram Spinning Mills 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 Ashwinram Spinning Mills Private Limited, buy the company report.
Financials of Ashwinram Spinning Mills Private Limited
FY 2024 filings availableAshwinram Spinning Mills Private Limited reported revenue of ₹81.39 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 321% 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 |
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| EBITDA | ₹3.89 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹69.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Ashwinram Spinning Mills Private Limited, buy the company report.
Board of directors of Ashwinram Spinning Mills Private Limited
Ashwinram Spinning Mills has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murali Ashwin Dwarakaesh | Director | 05 Jan 2015 | 11 Years 9 Months | Current |
| Chitra | Director | 11 May 2022 | 4 Years 5 Months | Current |
| Srinivasan Murali Also directs: Tech 82 Pictures LLP, Bala Balakrishnan Enterprises Private Limited, Shanmo Engineering Products India Private Limited and 1 more | Managing Director | 03 Jan 1990 | 36 Years 10 Months | Current |
Peer comparison
Ashwinram Spinning Mills Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Krishna Art Silk Cloths Private Limited | ₹81.66 Cr (FY 2025) | 11.0% | Surat, Gujarat, India | |||
| Abycons Woolens Private Limited | ₹81.59 Cr (FY 2025) | 85.0% | New Delhi, Delhi, India | |||
| Gini & Jony Limited | ₹81.56 Cr (FY 2023) | 13.0% | Mumbai, Maharashtra, India | |||
| Ashwinram Spinning Mills Private Limitedthis company | ₹81.39 Cr (FY 2025) | ₹69.86 Lakh | 0.9% | -5.0% | Coimbatore, Tamil Nadu, India | |
| Kudu Knit Process Private Limited | ₹81.3 Cr (FY 2025) | 4.0% | Ludhiana, Punjab, India | |||
| Uttranchal Filament Private Limited | ₹81.15 Cr (FY 2025) | 13.0% | Haridwar, Uttarakhand, India | |||
| Venus Mills Pvt.Ltd. | ₹81.15 Cr (FY 2025) | 10.0% | Surat, Gujarat, India | |||
| Sri Hari Prasath Textiles Private Limited | ₹81.15 Cr (FY 2025) | 12.0% | Erode, Tamil Nadu, India |
To see the full peer comparison of Ashwinram Spinning Mills Private Limited, buy the company report.
Auditor
Ashwinram Spinning Mills Private Limited is audited by Bakthavachalam & co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bakthavachalam & co | FY 2023 | 006066S |
Shareholding
The shareholding of Ashwinram 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashwinram Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2025 | 101093037 | City Union Bank Limited | ₹15 Cr | Open | |
| 30 Sep 2022 | 100655324 | Hdfc Bank Limited | ₹5.14 Lakh | Open | |
| 30 Sep 2022 | 100655293 | Hdfc Bank Limited | ₹5.14 Lakh | Open | |
| 15 Jul 2022 | 100655149 | Hdfc Bank Limited | ₹5.94 Lakh | Open | |
| 04 Dec 2020 | 100443887 | Hdfc Bank Limited | ₹19.99 Lakh | Open |
To see the full charge records of Ashwinram Spinning Mills Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Ashwinram Spinning Mills Private Limited has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹15 Lakh; the latest was in May 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2012 | Acquisition | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2006 | Funding round | ₹15 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ashwinram Spinning Mills Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruchirappalli, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Ashwinram Spinning 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
Ashwinram Spinning Mills Private Limited was last rated by Icra on 22 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Sep 2021 |
To see the full credit ratings and regulatory alerts of Ashwinram Spinning Mills Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashwinram Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashwinram Spinning Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCA5004H1ZB | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashwinram Spinning Mills Private Limited, buy the company report.
Recent activity
Ashwinram Spinning Mills Private Limited has 8 board changes on record since 1990: 3 appointments and 5 cessations. The latest: Chitra ceased to be Additional Director on 30 Sep 2022.
29 earlier events are in the company report.
Frequently asked questions
Ashwinram Spinning Mills is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 January 1990 (36+ years old) and is registered under CIN U17111TZ1990PTC002572.
Ashwinram Spinning Mills has 3 current directors:
- Srinivasan Murali - Managing Director
- Murali Ashwin Dwarakaesh - Director
- Chitra - Director
The latest financial statements of Ashwinram 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 Ashwinram Spinning Mills is 33AACCA5004H1ZB, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ashwinram Spinning Mills is U17111TZ1990PTC002572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwinram Spinning Mills has 1 court case on record: 1 filed against it.
Ashwinram Spinning Mills was incorporated on 03 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Coimbatore.
Ashwinram Spinning Mills has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹15 Lakh; the latest was in May 2015.
The peers of Ashwinram Spinning Mills by revenue are Krishna Art Silk Cloths Private Limited, Abycons Woolens Private Limited, Gini & Jony Limited, Kudu Knit Process Private Limited, Uttranchal Filament Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Chitra ceased to be Additional Director on 30 Sep 2022. Chitra was appointed as Director on 11 May 2022. Harshini Deveka ceased to be Director on 17 Dec 2021. Ashwinram Spinning Mills has 8 board changes on record in total.
Ashwinram Spinning Mills can be reached through the website ashwinram.com. Its registered office is in Coimbatore, Tamil Nadu, India.
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