- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-28-0003105

Aswath Weaving Private Limited
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
Recognitions & Rankings of Aswath Weaving
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 Address310/1 Anna Nagartrichy Road Palladam, Coimbatore, Tamil Nadu, India – 641664
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Aswath Weaving 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 activity of Aswath Weaving 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 Aswath Weaving Private Limited, buy the company report.
Financials of Aswath Weaving Private Limited
FY 2024 filings availableAswath Weaving Private Limited reported revenue of ₹126.76 Cr (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.63 Cr | ||||
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| Net Profit (PAT) | ₹1.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murugesh Senniappan | Director | 15 Mar 2004 | 22 Years 7 Months | Current |
| Murugesh Saraswathi | Director | 15 Mar 2004 | 22 Years 7 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Cr | 0.9% | 7.0% | 20 | Coimbatore, 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 firm | Financial year | Firm registration number |
|---|---|---|
| M P V AND ASSOCIATES | FY 2023 | 012560S |
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 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 Aswath Weaving Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2023 | 100792275 | Canara Bank | ₹40.81 Cr | Open | |
| 04 Apr 2022 | 100557004 | State Bank of India | ₹2.5 Cr | Open | |
| 20 Feb 2020 | 100326944 | Others | ₹50 Lakh | Open | |
| 27 Mar 2019 | 100251029 | The South Indian Bank Limited | ₹9.95 Lakh | Open | |
| 02 Mar 2018 | 100196979 | The South Indian Bank Limited | ₹10.25 Lakh | Open |
To see the full charge records of Aswath Weaving Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Aswath Weaving Private Limited has 9 court cases on record: 2 filed by Aswath Weaving, 7 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 3 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thoothukudi, Tamil Nadu | Criminal case | Filed against the company by Loyal Textile Mills Ltd | Pending |
| District court, Thoothukudi, Tamil Nadu | Criminal case | Filed against the company by Loyal Textile Mills Ltd(Represented Through Its Assistant Manager G. Subramanian) | Pending |
| District court, Thoothukudi, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Loyal Textile Mills Ltd | Disposed |
| District court, Thoothukudi, Tamil Nadu | Criminal case | Filed against the company by Loyal Textile Mills Ltd | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed against the company by Prima Products Pvt Ltd., | Disposed |
To see the full case history of Aswath Weaving 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 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.
GST
Aswath Weaving has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECA6379B1ZX | Tamil Nadu | Active | 01 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.
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:
- Murugesh Senniappan - Director
- Murugesh Saraswathi - Director
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.