Aswath Weaving Private Limited

Aswath Weaving Private Limited - manufacturing in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ2004PTC011035 Incorporated 15 March 2004 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2024
₹126.76 Cr
▲ 7% YoY
Net profit · FY 2024
₹1.1 Cr
Net margin 0.9%
EBITDA · FY 2024
₹8.63 Cr
EBITDA margin 6.8%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.34 Cr
Issued & subscribed
Open charges
₹86.1 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
20
Provident fund records

About Aswath Weaving Private Limited

Data last updated:

Aswath Weaving 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 15 March 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2004PTC011035. Its GSTIN is 33AAECA6379B1ZX (Tamil Nadu).

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.34 Cr. It is led by directors Murugesh Senniappan and Murugesh Saraswathi.

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 310/1 Anna Nagartrichy Road Palladam, Coimbatore, Tamil Nadu, India – 641664.

As per the financials filed for FY 2024, the company reported a revenue of ₹126.76 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.1 Cr (net margin 0.9%) and EBITDA of ₹8.63 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.

The company has about 20 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹86.1 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 3 cases are pending.

Aswath Weaving Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0003105). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17111TZ2004PTC011035
Registration Number 011035
Incorporation Date 15 March 2004
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 Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-28-0003105

Recognitions & Rankings of Aswath Weaving

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-28-0003105

Contact details

Aswath Weaving Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    310/1 Anna Nagartrichy Road Palladam, Coimbatore, Tamil Nadu, India – 641664
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Aswath Weaving Private Limited, buy the company report.

Comprehensive company report
Aswath Weaving 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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Business activity

The main business activity of Aswath Weaving is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Aswath Weaving Private Limited, buy the company report.

Financials of Aswath Weaving Private Limited

FY 2024 filings available

Aswath Weaving Private Limited reported revenue of ₹126.76 Cr (up 7% YoY) for FY 2024.

Revenue · FY 2024
₹126.76 Cr ▲ 7%
Net profit · FY 2024
₹1.1 Cr margin 0.9%
EBITDA · FY 2024
₹8.63 Cr margin 6.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 4%
5 years · compounded
▲ 8%

Revenue has grown at a compounded annual rate (CAGR) of 11% over three years, including 7% growth in the latest year. EBITDA fell 3% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹8.63 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.1 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.8%
Net Profit Margin0.9%
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 Aswath Weaving Private Limited, buy the company report.

Board of directors of Aswath Weaving Private Limited

Aswath Weaving has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Murugesh SenniappanDirector15 Mar 200422 Years 7 MonthsCurrent
Murugesh SaraswathiDirector15 Mar 200422 Years 7 MonthsCurrent

Peer comparison

Aswath Weaving Private Limited is compared with the 8 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
Sri Mathangi Textiles Private Limited₹126.91 Cr (FY 2025)5.0%Vellore, Tamil Nadu, India
Frontier Knitters Private Limited₹126.84 Cr (FY 2025)14.0%Tirupur, Tamil Nadu, India
Welco Export Private Limited₹126.81 Cr (FY 2025)25.0%Gurgaon, Haryana, India
Gima Manufacturing Private Limited₹126.77 Cr (FY 2025)-10.0%Wardha, Maharashtra, India
Aswath Weaving Private Limitedthis company₹126.76 Cr (FY 2024)₹1.1 Cr0.9%7.0%20Coimbatore, Tamil Nadu, India
Manish Vinyls Private Limited₹126.76 Cr (FY 2025)9.0%Sadar Bazar, Delhi, India
TKL Knits (India) Private Limited₹126.7 Cr (FY 2025)7.0%Bangalore, Karnataka, India
Gogad Fabrics Private Limited₹126.26 Cr (FY 2025)15.0%Pali, Rajasthan, India
Shri Rohith Spinners Private Limited₹126.22 Cr (FY 2023)0.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Aswath Weaving Private Limited, buy the company report.

Auditor

Aswath Weaving Private Limited is audited by M P V AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M P V AND ASSOCIATESFY 2023012560S

Shareholding

The shareholding of Aswath Weaving 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 Aswath Weaving Private Limited, buy the company report.

Charges & borrowings

Open charges
₹86.1 Cr
Satisfied charges
None
Breakdown by lending institutions
The South Indian Bank Limited₹42.29 Cr
Canara Bank₹40.81 Cr
State Bank of India₹2.50 Cr
Others₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Aug 2023100792275Canara Bank₹40.81 CrOpen
04 Apr 2022100557004State Bank of India₹2.5 CrOpen
20 Feb 2020100326944Others₹50 LakhOpen
27 Mar 2019100251029The South Indian Bank Limited₹9.95 LakhOpen
02 Mar 2018100196979The South Indian Bank Limited₹10.25 LakhOpen

To see the full charge records of Aswath Weaving Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

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

Employees & EPFO

Aswath Weaving Private Limited has a workforce of 20 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1
Employee growth
-13.04%

GST

Aswath Weaving has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAECA6379B1ZXTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Aswath Weaving Private Limited, buy the company report.

Recent activity

Aswath Weaving Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Murugesh Saraswathi was appointed as Director on 15 Mar 2004.

Charges
A charge with Canara Bank of Rs. 40.81 Cr registered on 17 Aug 2023 with Charge ID 100792275 was modified on 17 Mar 2025.
AGM
Aswath Weaving Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Aswath Weaving Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Canara Bank amounted to Rs. 40.81 Cr with Charge ID 100792275 was registered on 17 Aug 2023.
Charges
A charge with State Bank Of India amounted to Rs. 2.50 Cr with Charge ID 100557004 was registered on 04 Apr 2022.
Charges
A charge with The South Indian Bank Limited of Rs. 42.09 Cr registered on 10 Sep 2004 with Charge ID 90005974 was modified on 05 Jan 2022.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100326944 was registered on 20 Feb 2020.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100251029 was registered on 27 Mar 2019.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100196979 was registered on 02 Mar 2018.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 42.09 Cr with Charge ID 90005974 was registered on 10 Sep 2004.
Appointed
Murugesh Saraswathi was appointed as Director.
Appointed
Murugesh Senniappan was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Aswath Weaving 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 15 March 2004 (22+ years old) and is registered under CIN U17111TZ2004PTC011035.

Aswath Weaving has 2 current directors:

The latest financial statements of Aswath Weaving 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 Aswath Weaving is 33AAECA6379B1ZX, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Aswath Weaving is U17111TZ2004PTC011035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aswath Weaving has 9 court cases on record: 2 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.

Aswath Weaving was incorporated on 15 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Aswath Weaving by revenue are Sri Mathangi Textiles Private Limited, Frontier Knitters Private Limited, Welco Export Private Limited, Gima Manufacturing Private Limited, Manish Vinyls Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Murugesh Saraswathi was appointed as Director on 15 Mar 2004. Murugesh Senniappan was appointed as Director on 15 Mar 2004.

Yes, Aswath Weaving is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-28-0003105).

The registered office of Aswath Weaving is at 3101 Anna Nagartrichy Road Palladam, Coimbatore, Tamil Nadu, India – 641664.