Bridgeway Textiles Private Limited

Bridgeway Textiles Private Limited - manufacturing in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ1993PTC004249 Incorporated 08 February 1993 ROC Coimbatore HQ Tirupur, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹11.22 Cr
▼ 15% YoY
Net profit · FY 2024
₹7.76 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹60.28 Lakh
EBITDA margin 5.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹66.5 Lakh
Issued & subscribed
Open charges
₹3.76 Cr
Secured borrowings
Company age
33 yrs
Est. 1993
Employees · EPFO
31
Provident fund records

About Bridgeway Textiles Private Limited

Data last updated:

Bridgeway Textiles 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 08 February 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1993PTC004249. Its GSTIN is 33AAACB8555E1ZW (Tamil Nadu).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹66.5 Lakh. It is led by directors Meena and Subramaniam Navaneethakrishnan.

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 516 Jeeva Colony Extension Angeripalayam Road, Tirupur, Tamil Nadu, India – 641603.

As per the financials filed for FY 2024, the company reported a revenue of ₹11.22 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹7.76 Lakh (net margin 0.7%) and EBITDA of ₹60.28 Lakh (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.

The company has about 31 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.76 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Bridgeway Textiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0025357). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17111TZ1993PTC004249
Registration Number 004249
Incorporation Date 08 February 1993
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 Small
Udyam Registration UDYAM-TN-28-0025357
Key People
Meena Director Subramaniam Navaneethakrishnan Director

Recognitions & Rankings of Bridgeway Textiles

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-28-0025357

Contact details

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

  • Email
  • Telephone
  • Registered Address
    516 Jeeva Colony Extension Angeripalayam Road, Tirupur, Tamil Nadu, India – 641603
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Bridgeway Textiles Private Limited, buy the company report.

Comprehensive company report
Bridgeway Textiles 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Bridgeway Textiles 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 Bridgeway Textiles Private Limited, buy the company report.

Financials of Bridgeway Textiles Private Limited

FY 2024 filings available

Bridgeway Textiles Private Limited reported revenue of ₹11.22 Cr (down 15% YoY) for FY 2024.

Revenue · FY 2024
₹11.22 Cr ▼ 15%
Net profit · FY 2024
₹7.76 Lakh margin 0.7%
EBITDA · FY 2024
₹60.28 Lakh margin 5.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 18%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 47%
5 years · compounded
▼ 10%

Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 15% fall in the latest year. EBITDA fell 7% 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₹60.28 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.76 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.4%
Net Profit Margin0.7%
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 Bridgeway Textiles Private Limited, buy the company report.

Board of directors of Bridgeway Textiles Private Limited

Bridgeway Textiles has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
MeenaDirector25 Dec 200322 Years 10 MonthsCurrent
Subramaniam NavaneethakrishnanDirector08 Feb 199333 Years 8 MonthsCurrent
View all directors

Peer comparison

Bridgeway Textiles Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution, 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
Kohinoor Ginning and Pressing Private Limited₹11.23 Cr (FY 2016)-47.0%Aurangabad, Maharashtra, India
Rajputana Fabrics Pvt Ltd₹11.22 Cr (FY 2024)-19.0%Jaipur, Rajasthan, India
Bridgeway Textiles Private Limitedthis company₹11.22 Cr (FY 2024)₹7.76 Lakh0.7%-15.0%31Tirupur, Tamil Nadu, India
Lalani Suitings Pvt. Ltd₹11.21 Cr (FY 2025)9.0%Rajasthan, India

To see the full peer comparison of Bridgeway Textiles Private Limited, buy the company report.

Auditor

Bridgeway Textiles Private Limited is audited by R.ANANTHAN for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R.ANANTHANFY 202320421

Shareholding

The shareholding of Bridgeway Textiles 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 Bridgeway Textiles Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.76 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹3.76 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Mar 199880056119Others₹3.76 CrOpen

To see the full charge records of Bridgeway Textiles Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

Bridgeway Textiles Private Limited has 2 MSME Form 1 returns on record between 2019 and 2024, listing 14 overdue payments to 14 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 14)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Brindhaa Processing Mills
Sri Lakshimi Poly Bag
an individual supplier

To see the full MSME payment records of Bridgeway Textiles Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Bridgeway Textiles Private Limited has a workforce of 31 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.

Employee count
31
Active EPFO establishments
1
Employee growth
6.9%

GST

Bridgeway Textiles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACB8555E1ZWTamil NaduActive01 Jul 2017

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

Recent activity

Bridgeway Textiles Private Limited has 2 board changes on record since 1993: 2 appointments. The latest: Meena was appointed as Director on 25 Dec 2003.

AGM
Bridgeway Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bridgeway Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Others of Rs. 3.76 Cr registered on 09 Mar 1998 with Charge ID 80056119 was modified on 18 May 2016.
Appointed
Meena was appointed as Director.
Charges
A charge with Others amounted to Rs. 3.76 Cr with Charge ID 80056119 was registered on 09 Mar 1998.
Appointed
Subramaniam Navaneethakrishnan was appointed as Director.
Incorporation
08 Feb 1993
Bridgeway Textiles Private Limited was registered on 08 Feb 1993 with Roc Coimbatore & aged 33 years 8 months as per MCA records.

Frequently asked questions

Bridgeway Textiles 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 08 February 1993 (33+ years old) and is registered under CIN U17111TZ1993PTC004249.

Bridgeway Textiles has 2 current directors:

The latest financial statements of Bridgeway Textiles 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 Bridgeway Textiles is 33AAACB8555E1ZW, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Bridgeway Textiles is U17111TZ1993PTC004249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bridgeway Textiles has 1 court case on record: 1 filed by the company.

Bridgeway Textiles was incorporated on 08 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Bridgeway Textiles by revenue are Kohinoor Ginning and Pressing Private Limited, Rajputana Fabrics Pvt Ltd, Lalani Suitings Pvt. Ltd, all in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (textile, leather and other apparel products).

Meena was appointed as Director on 25 Dec 2003. Subramaniam Navaneethakrishnan was appointed as Director on 08 Feb 1993.

Yes, Bridgeway Textiles is registered as a small enterprise under Udyam registration (number: UDYAM-TN-28-0025357).

Bridgeway Textiles has 2 MSME Form 1 returns on record between 2019 and 2024, listing 14 overdue payments to 14 micro and small suppliers. The latest return was filed on 30 Apr 2024.

The registered office of Bridgeway Textiles is at 516 Jeeva Colony Extension Angeripalayam Road, Tirupur, Tamil Nadu, India – 641603.