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About B.R.Elastics (India) Private Limited
Data last updated:
B.R.Elastics (India) Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U25199TZ2008PTC014517. Its GSTIN is 33AADCB6259J1ZL (Tamil Nadu).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9 Cr. It is led by directors Balasubramaniam Rathnavelu (Managing Director) and Balasubramanian.
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 S.F.No.26/27 Karaiputhur Village Park School Road Palladam Main Road, Tirupur, Tamil Nadu, India – 641605.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.46 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹14.6 Lakh (net margin 0.5%) and EBITDA of ₹2.51 Cr (EBITDA margin 9.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.47 Cr and satisfied charges of ₹46.58 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website brelastics.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressS.F.No.26/27 Karaiputhur Village Park School Road Palladam Main Road, Tirupur, Tamil Nadu, India – 641605
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of B.R.Elastics (India) Private Limited
The main business activity of B.R.Elastics (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of B.R.Elastics (India) Private Limited FY 2024 filings available
B.R.Elastics (India) Private Limited reported revenue of ₹27.46 Cr (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of B.R.Elastics (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 30% fall in the latest year. EBITDA fell 11% 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 of B.R.Elastics (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.6 Lakh | •••• | •••• | •••• | •••• |
| 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 of B.R.Elastics (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of B.R.Elastics (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of B.R.Elastics (India) Private Limited
B.R.Elastics (India) Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M K Fintex Private Limited | ₹27.53 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Ludhiana, Punjab, India |
| RRT Apparels Private Limited | ₹27.52 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Kolkata, West Bengal, India |
| Sophistica Industries Private Limited | ₹27.49 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Delhi, India |
| Shri N.P.P. Textiles Private Limited | ₹27.48 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Virudhunagar, Tamil Nadu, India |
| Shree Umiya Cotton Ginning and Pressing Private Limited | ₹27.47 Cr (FY 2020) | •••• | •••• | 2.0% | •••• | Amreli, Gujarat, India |
| B.R.Elastics (India) Private Limited this company | ₹27.46 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Tirupur, Tamil Nadu, India |
| Hannu Knitters Private Limited | ₹27.45 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Tirupur, Tamil Nadu, India |
| Prathvi Textiles (India) Private Limited | ₹27.44 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Salem, Tamil Nadu, India |
| Goldstar Knits Private Limited | ₹27.43 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Ludhiana, Punjab, India |
| J S Yarn Tex Private Limited | ₹27.4 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Uttar Pradesh, India |
| Chhajer Textile Mills Pvt Ltd | ₹27.4 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below B.R.Elastics (India) by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of B.R.Elastics (India) Private Limited
Auditor information for B.R.Elastics (India) Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of B.R.Elastics (India) Private Limited
B.R.Elastics (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasubramanian Also directs: Clifton Export Private Limited | Director | 03 Jun 2008 | 18 Years 4 Months | Current |
| Balasubramaniam Rathnavelu | Managing Director | 03 Jun 2008 | 18 Years 4 Months | Current |
Ownership and Shareholding of B.R.Elastics (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of B.R.Elastics (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jul 2021 | Others | ₹17.07 Cr | Open |
| 26 Oct 2010 | Reliance Commercial Finance Private Limited | ₹40 Lakh | Open |
| 07 Feb 2014 | Others | ₹18.71 Cr | Satisfied |
| 22 Nov 2010 | Dhanlaxmi Bank Limited | ₹16.44 Cr | Satisfied |
| 06 Sep 2008 | Sbi Factors and Commercial Services Private Limited | ₹5.25 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at B.R.Elastics (India) Private Limited
B.R.Elastics (India) Private Limited has a workforce of 59 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on B.R.Elastics (India) Private Limited
B.R.Elastics (India) Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Nadanasabapathy ceased to be Director on 14 Oct 2022.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for B.R.Elastics (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by B.R.Elastics (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of B.R.Elastics (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of B.R.Elastics (India) Private Limited
B.R.Elastics (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCB6259J1ZL | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of B.R.Elastics (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about B.R.Elastics (India) Private Limited
B.R.Elastics (India) is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 June 2008 (18+ years old) and is registered under CIN U25199TZ2008PTC014517.
B.R.Elastics (India) reported revenue of ₹27.46 Cr for FY 2024 (down 30% YoY).
B.R.Elastics (India) has 2 current directors:
- Balasubramaniam Rathnavelu - Managing Director
- Balasubramanian - Director
B.R.Elastics (India) reported a net profit of ₹14.6 Lakh (net margin 0.5%) and EBITDA of ₹2.51 Cr (EBITDA margin 9.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of B.R.Elastics (India) is -15% over three years and -6% over five years. In the latest year (FY 2024) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of B.R.Elastics (India) is 33AADCB6259J1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of B.R.Elastics (India) is U25199TZ2008PTC014517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
B.R.Elastics (India) was incorporated on 03 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of B.R.Elastics (India) by revenue are M K Fintex Private Limited, RRT Apparels Private Limited, Sophistica Industries Private Limited, Shri N.P.P. Textiles Private Limited, Shree Umiya Cotton Ginning and Pressing Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Nadanasabapathy ceased to be Director on 14 Oct 2022. Krishnakumar Balasubramaniam ceased to be Director on 17 Apr 2021. Bharath ceased to be Director on 01 Dec 2019. B.R.Elastics (India) has 6 board changes on record in total.
B.R.Elastics (India) can be reached through the website brelastics.com. Its registered office is in Tirupur, Tamil Nadu, India.