Butterfly Spinning Mills Private Limited
About Butterfly Spinning Mills Private Limited
Data last updated:
Butterfly Spinning Mills Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 31 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1994PTC005462.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.22 Cr. It is led by directors Kanakkampalayam Kandasamy Palanisamy (Managing Director) and Palanisamy Sekar.
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 Sf No 81 3 R S Road Kommakkovil Perundurai, Erode, Tamil Nadu, India – 638052.
As per the financials filed for FY 2025, the company reported a revenue of ₹2 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹25,965 (net margin -13%) and EBITDA of ₹54,394 (EBITDA margin 27.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
As per MCA filings, the company has satisfied charges of ₹1.71 Cr on record. Court records list 28 cases involving the company, including 16 filed by the company and 12 filed against it; 1 case is pending.
Company details
Contact details
Butterfly Spinning Mills Private Limited's registered office is in Erode, Tamil Nadu.
- Registered AddressSf No 81 3 R S Road Kommakkovil Perundurai, Erode, Tamil Nadu, India – 638052
- IndustryAppreal & Fashion, Leather, Textile, Apparel
- 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
Financials of Butterfly Spinning Mills Private Limited
FY 2025 filings availableButterfly Spinning Mills Private Limited reported revenue of ₹2 Lakh (down 89% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 70% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹54,394 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25,965 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.2% | ||||
| Net Profit Margin | -13% | ||||
| 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 Butterfly Spinning Mills Private Limited, buy the company report.
Board of directors of Butterfly Spinning Mills Private Limited
Butterfly Spinning Mills has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanakkampalayam Kandasamy Palanisamy | Managing Director | 31 Oct 1994 | 32 Years 0 Months | Current |
| Palanisamy Sekar | Director | 31 Oct 1994 | 32 Years 0 Months | Current |
Peer comparison
Butterfly Spinning Mills Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Butex Textile Industries Pvt Ltd | ₹2.02 Lakh (FY 2025) | 567.0% | Mumbai, Maharashtra, India | |||
| Ecoright Solutions LLP | ₹2.01 Lakh (FY 2023) | -81.0% | Ahmedabad, Gujarat, India | |||
| Vimalnath International Private Limited | ₹2.01 Lakh (FY 2025) | 126.0% | Mumbai, Maharashtra, India | |||
| Skirtit Textiles Private Limited | ₹2.01 Lakh (FY 2020) | Vidisha, Madhya Pradesh, India | ||||
| Akanksha Designers and Exporters Private Limited | ₹2 Lakh (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Butterfly Spinning Mills Private Limitedthis company | ₹2 Lakh (FY 2025) | -₹25,965 | -13% | -89.0% | Erode, Tamil Nadu, India | |
| R A Textiles Process Private Limited | ₹2 Lakh (FY 2025) | -99.0% | Coimbatore, Tamil Nadu, India | |||
| Agira Textiles Private Limited | ₹2 Lakh (FY 2024) | -90.0% | Ghaziabad, Uttar Pradesh, India | |||
| Nauman Enterprises Private Limited | ₹2 Lakh (FY 2020) | -34.0% | Kolkata, West Bengal, India | |||
| Siyona Traders Private Limited | ₹2 Lakh (FY 2025) | -23.0% | Kolkata, West Bengal, India | |||
| Shipu Chemicals Pvt Ltd | ₹1.99 Lakh (FY 2022) | Ahmedabad, Gujarat, India |
To see the full peer comparison of Butterfly Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 1995 | 90000529 | The Catholic Syrian Bank Ltd | ₹1.71 Cr | Satisfied |
To see the full charge records of Butterfly Spinning Mills Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Butterfly Spinning Mills Private Limited has 28 court cases on record: 16 filed by Butterfly Spinning Mills, 12 filed against it. 1 case is pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 12 | 0 |
| High courts | 10 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Bhandari Spinning Mills Ltd | Disposed |
| High Court, ANDHRAPRADESH | Court case (AS) | Filed by the company against an individual | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
| District court, Erode, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
To see the full case history of Butterfly Spinning Mills 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 Butterfly Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Butterfly Spinning Mills Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Butterfly Spinning Mills Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Kanakkampalayam Kandasamy Palanisamy was appointed as Managing Director on 31 Oct 1994.
Frequently asked questions
Butterfly Spinning Mills is an active private limited company based in Erode, Tamil Nadu, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 31 October 1994 (32+ years old) and is registered under CIN U17111TZ1994PTC005462.
Butterfly Spinning Mills has 2 current directors:
- Kanakkampalayam Kandasamy Palanisamy - Managing Director
- Palanisamy Sekar - Director
The latest financial statements of Butterfly Spinning Mills 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 CIN (Corporate Identification Number) of Butterfly Spinning Mills is U17111TZ1994PTC005462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Butterfly Spinning Mills has 28 court cases on record: 16 filed by the company and 12 filed against it. 1 is pending. Most are in the district courts.
Butterfly Spinning Mills was incorporated on 31 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Butterfly Spinning Mills by revenue are Butex Textile Industries Pvt Ltd, Ecoright Solutions LLP, Vimalnath International Private Limited, Skirtit Textiles Private Limited, Akanksha Designers and Exporters Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Kanakkampalayam Kandasamy Palanisamy was appointed as Managing Director on 31 Oct 1994. Palanisamy Sekar was appointed as Director on 31 Oct 1994.
The registered office of Butterfly Spinning Mills is at Sf No 81 3 R S Road Kommakkovil Perundurai, Erode, Tamil Nadu, India – 638052.
Butterfly Spinning Mills operates in the apparel and fashion industry, in the leather segment.
Butterfly Spinning Mills has no open charges and satisfied charges of ₹1.71 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
