About Atlas Textiles Export Private Limited
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Atlas Textiles Export Private Limited is a private limited company based in Karur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 May 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN1989PTC017409. Its GSTIN is 33AAACA6174C1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹26.61 Lakh. It is led by directors including Susindran Suganthi and Kandasamy Sivasamy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Atlaschamber 29 – J Pugalurroadkarur 639001 Karur 639001, Tamil Nadu, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹61.35 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹35.37 Lakh (net margin -57.7%) and EBITDA of ₹55.17 Lakh (EBITDA margin 89.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 8% over five years.
As per MCA filings, the company has satisfied charges of ₹3.95 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 3 cases are pending. The company has 9 deals on record (4 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.21 Cr; the latest was in February 2023. Its 3 peer companies in the Consumer Products industry (Home Furnishings Manufacturers, Textiles), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Mirjafari Handloom Producer Company Limited with revenue of ₹61.58 Lakh. The company has 3 MSME Form 1 returns on record between 2020 and 2022, listing 9 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atlas.in.
Company details
Contact details
Atlas Textiles Export Private Limited's registered office is in Karur, Tamil Nadu. Its website is atlas.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAtlaschamber 29 – J Pugalurroadkarur 639001 Karur 639001, Tamil Nadu, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Atlas Textiles Export 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 Atlas Textiles Export is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Atlas Textiles Export Private Limited, buy the company report.
Financials of Atlas Textiles Export Private Limited
FY 2025 filings availableAtlas Textiles Export Private Limited reported revenue of ₹61.35 Lakh (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 10% 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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| Total Expenses | |||||
| EBITDA | ₹55.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹35.37 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.9% | ||||
| Net Profit Margin | -57.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Atlas Textiles Export Private Limited, buy the company report.
Board of directors of Atlas Textiles Export Private Limited
Atlas Textiles Export has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Susindran Suganthi Also directs: Alpha Mills Private Limited | Director | 01 Dec 2017 | 8 Years 10 Months | Current |
| Kandasamy Sivasamy Also directs: Alpha Mills Private Limited, Karur Texcity Private Limited | Director | 01 Dec 2017 | 8 Years 10 Months | Current |
| Kasthury Nachimuthy Also directs: Alpha Mills Private Limited, Nallam Wind Farms Private Limited, Atlas Wind Farms Private Limited and 1 more | Director | 30 Jul 2011 | 15 Years 3 Months | Current |
| Marappa Gounder Nachimuthu Also directs: Alpha Mills Private Limited, Karur Enterprises Private Limited, Nallam Wind Farms Private Limited and 5 more | Director | 11 May 1989 | 37 Years 5 Months | Current |
Peer comparison
Atlas Textiles Export Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers, Textiles), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mirjafari Handloom Producer Company Limited | ₹61.58 Lakh (FY 2024) | 91.0% | Bhagalpur, Bihar, India | |||
| PRPL Garments Private Limited | ₹61.41 Lakh (FY 2024) | -91.0% | Ambarnath, Maharashtra, India | |||
| Atlas Textiles Export Private Limitedthis company | ₹61.35 Lakh (FY 2024) | -₹35.37 Lakh | -57.7% | -61.0% | Karur, Tamil Nadu, India | |
| Quality Apparel Exporters Pvt Ltd | ₹61.26 Lakh (FY 2019) | 59.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Atlas Textiles Export Private Limited, buy the company report.
Auditor
Atlas Textiles Export Private Limited is audited by P.SHANMUGASUNDARAM for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.SHANMUGASUNDARAM | FY 2021 | 018017 |
Shareholding
The shareholding of Atlas Textiles Export 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 Atlas Textiles Export Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2012 | 10425598 | Lakshmi Vilas Bank Limited | ₹2.59 Cr | Satisfied | |
| 05 Feb 2007 | 10039914 | Canara Bank | ₹1.2 Cr | Satisfied | |
| 25 Jul 1997 | 90283768 | Canara Bank | ₹6 Lakh | Satisfied | |
| 08 Jul 1989 | 90283394 | Canara Bank | ₹10 Lakh | Satisfied |
To see the full charge records of Atlas Textiles Export Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Atlas Textiles Export Private Limited has 9 deals on record (4 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.21 Cr; the latest was in February 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Rights issue | ₹1.95 Cr | Investors: 3 individuals |
| Mar 2022 | Rights issue | ₹3.99 Cr | Investors: 4 individuals |
| Mar 2021 | Rights issue | ₹2.5 Cr | Investors: 3 individuals |
| Mar 2020 | Rights issue | ₹91 Lakh | Investors: 2 individuals |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Atlas Textiles Export 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
Atlas Textiles Export Private Limited has 10 court cases on record: 8 filed by Atlas Textiles Export, 2 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 1 | 3 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against The Tamil Nadu Waqf Board | Pending |
| Madras High Court | Court case (WMP(MD)) | Filed by the company against The Tamil Nadu Waqf Board | Pending |
| Madras High Court | Writ petition | Filed against the company | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed by the company against The Tamil Nadu Waqf Board and 3 others | Disposed |
To see the full case history of Atlas Textiles Export 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
Atlas Textiles Export Private Limited has 3 MSME Form 1 returns on record between 2020 and 2022, listing 9 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Everest Logistics | |||
| Wintrack Packs | |||
| Atlas Processing Mills | |||
| an individual supplier | |||
| Jayasurya Dyeing |
To see the full MSME payment records of Atlas Textiles Export Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Atlas Textiles Export has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACA6174C1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Atlas Textiles Export Private Limited, buy the company report.
Recent activity
Atlas Textiles Export Private Limited has 12 board changes on record since 1989: 4 appointments and 8 cessations. The latest: Kandasamy Sivasamy ceased to be Additional Director on 29 Sep 2018.
13 earlier events are in the company report.
Frequently asked questions
Atlas Textiles Export is an active private limited company based in Karur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 May 1989 (37+ years old) and is registered under CIN U17111TN1989PTC017409.
Atlas Textiles Export has 4 current directors:
- Susindran Suganthi - Director
- Kandasamy Sivasamy - Director
- Kasthury Nachimuthy - Director
- Marappa Gounder Nachimuthu - Director
The latest financial statements of Atlas Textiles Export on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Atlas Textiles Export is 33AAACA6174C1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Atlas Textiles Export is U17111TN1989PTC017409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atlas Textiles Export has 10 court cases on record: 8 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
Atlas Textiles Export was incorporated on 11 May 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chennai.
Atlas Textiles Export has 9 deals on record (4 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.21 Cr; the latest was in February 2023.
The peers of Atlas Textiles Export by revenue are Mirjafari Handloom Producer Company Limited, PRPL Garments Private Limited, Quality Apparel Exporters Pvt Ltd, all in the Consumer Products industry (Home Furnishings Manufacturers, Textiles), with the same principal business activity (wholesale trading).
Kandasamy Sivasamy ceased to be Additional Director on 29 Sep 2018. Susindran Suganthi ceased to be Additional Director on 29 Sep 2018. Kandasamy Sivasamy was appointed as Director on 01 Dec 2017. Atlas Textiles Export has 12 board changes on record in total.
Atlas Textiles Export has 3 MSME Form 1 returns on record between 2020 and 2022, listing 9 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Atlas Textiles Export can be reached through the website atlas.in. Its registered office is in Karur, Tamil Nadu, India.
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