About Karunaa Textile Mills
Karunaa Textile Mills is an Industrial Goods & Manufacturing company based in Erode (India) founded in 1990. It produces and exports greige, finished fabrics, and home textiles from cotton materials. It operates on a B2B and Export-based model. Its Indian entity Gurukarunaa Textile Mills Private Limited reported revenue of ₹30.74 Cr. Karunaa Textile Mills offers products and services including Greige Fabrics, Finished/Processed Fabrics, and Home Textile. Its focus areas include Consumer Goods, Home Textiles, Textile Products and Processed Materials. Its competitors include eha, Orbit Exports and Karighar; 1 of its 3 listed competitors has raised funding.
Company details
Karunaa Textile Mills Pvt. Ltd., based in Tamil Nadu, India, has manufactured fabrics from cotton and mixed materials since 1993. They produce greige, finished, and processed fabrics for home textiles, using advanced machinery and quality control processes. The company focuses on exports, ensuring compliance with certifications like ISO 9001:2015, GOTS, and GRS, while adapting to market trends and maintaining high standards.
- Headquarters Erode, India
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website karunaatex.com
- Legal Name Gurukarunaa Textile Mills Private Limited
- Date of Incorporation 20 Jul, 2017
- Jurisdiction Namakkal, Tamil Nadu, India
- Annual Revenue₹30.74 Cr
FY 2024 · -34% YoY
- Net Loss-₹9 Lakh
FY 2024 · 0% margin
- EBITDA₹1.67 Cr
FY 2024 · 5% margin
Associated legal entities of Karunaa Textile Mills
Karunaa Textile Mills operates through Gurukarunaa Textile Mills Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gurukarunaa Textile Mills Private Limited CIN U17299TZ2017PTC029236 | Active | 20 Jul 2017 | Namakkal, Tamil Nadu | ₹30.7 Cr | 8 | View details |
Products & Services of Karunaa Textile Mills
Karunaa Textile Mills offers a comprehensive portfolio of products and services, including Greige Fabrics, Finished/Processed Fabrics, and Home Textile.
Unprocessed cotton and mixed fabrics for textile manufacturing.
Treated fabrics with features like anti-bacterial and UV protection.
Fabrics for household items such as bedding and curtains.
Board of directors of Gurukarunaa Textile Mills Private Limited (Karunaa Textile Mills)
Gurukarunaa Textile Mills Private Limited is the primary company behind Karunaa Textile Mills. The board of Gurukarunaa Textile Mills Private Limited currently have 8 directors; the longest-serving is Karunanithi, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karunanithi DIN 03444628 | Managing Director | 20 Jul 2017 | 9 yrs 3 mo | Gurukarunaa Textile Mills Private Limited |
| Karunanidhi Poongothai DIN 07850178 | Director | 20 Jul 2017 | 9 yrs 3 mo | Gurukarunaa Textile Mills Private Limited |
| Kumaravel Radharani DIN 07850191 | Director | 20 Jul 2017 | 9 yrs 3 mo | Gurukarunaa Textile Mills Private Limited |
| Arthanari Thirumala DIN 07850201 | Director | 20 Jul 2017 | 9 yrs 3 mo | Gurukarunaa Textile Mills Private Limited |
| Arthanari Venkatesh DIN 07850213 | Director | 20 Jul 2017 | 9 yrs 3 mo | Gurukarunaa Textile Mills Private Limited |
| Baskaran Mallika DIN 07328435 | Director | 20 Jul 2017 | 9 yrs 3 mo | Gurukarunaa Textile Mills Private Limited |
| Kumaravel Sivaprakash DIN 08953727 | Director | 09 Nov 2020 | 6 yrs | Gurukarunaa Textile Mills Private Limited |
| Karunanidhi Rajkumar DIN 08953753 | Director | 09 Nov 2020 | 6 yrs | Gurukarunaa Textile Mills Private Limited |
Financials of Karunaa Textile Mills
Figures of Gurukarunaa Textile Mills Private Limited, the primary company behind Karunaa Textile Mills, for FY 2024. Revenue was ₹30.74 Cr (-34% year on year). Net loss was -₹9 Lakh (0% margin). EBITDA was ₹1.67 Cr (5% margin). Revenue has grown at a compounded annual rate of +11% over three years and +5% over five years.
- ₹30.74 CrRevenue · FY 2024 · -34% YoY
- -₹9 LakhNet loss · 0% margin
- ₹1.67 CrEBITDA · 5% margin
- ₹4.08 CrPaid-up capital
- +11%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Gurukarunaa Textile Mills Private Limited are on its company page.
Detailed financial statements for Karunaa Textile Mills
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Competitors of Karunaa Textile Mills
Karunaa Textile Mills has 3 listed competitors in our database, 1 of them funded. They include eha, Orbit Exports and Karighar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eha.eco | 2015 | Bengaluru, India | $818,934 | 2 | Online platform offering a wide range of eco-friendly kitchen and garden supplies | |
| orbitexports.com | 1983 | Mumbai, India | 7 | Orbit Exports is recognized as a leading fabric exporter from India. | ||
| karighar.co.in | 2018 | New Delhi, India | 81 | Sells handcrafted lifestyle items, supports artisans, focuses on eco-friendly production. |
Detailed competitors of Karunaa Textile Mills
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Karunaa Textile Mills (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 193 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Karunaa Textile Mills
Karunaa Textile Mills was founded in 1990.
Karunaa Textile Mills is headquartered in Erode, India. It is registered at Erode, Tamil Nadu, India.
The primary company behind Karunaa Textile Mills, Gurukarunaa Textile Mills Private Limited, reported revenue of ₹30.74 Cr for FY 2024, down 34% year on year.
Karunaa Textile Mills Pvt. Ltd., based in Tamil Nadu, India, has manufactured fabrics from cotton and mixed materials since 1993. They produce greige, finished, and processed fabrics for home textiles, using advanced machinery and quality control processes. The company focuses on exports, ensuring compliance with certifications like ISO 9001:2015, GOTS, and GRS, while adapting to market trends and maintaining high standards.
Karunaa Textile Mills's top competitors include Karighar, Orbit Exports and eha.
Karunaa Textile Mills offers Greige Fabrics, Finished/Processed Fabrics, and Home Textile.
Karunaa Textile Mills operates through Gurukarunaa Textile Mills Private Limited.
The legal entities of Karunaa Textile Mills currently have 8 directors, including Karunanithi, Karunanidhi Poongothai, Kumaravel Radharani and others.