About Chola Spinning Mills Private Limited
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Chola Spinning Mills Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 15 December 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1992PTC004166. Its GSTIN is 33AAACC8484F1ZP (Tamil Nadu).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.71 Cr. It was formerly known as Chola Spinning Mill Private Limited. It is led by directors including Vediyarasampalayam Venkatachalam Prasanth (Whole-Time Director) and Sengodan Venkatachalam (Whole-Time Director).
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 189/1 Kumarapalayam Roadveppadai Elanthakuttai Post, Erode, Tamil Nadu, India – 638008.
As per the financials filed for FY 2025, the company reported a revenue of ₹397.71 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Cr (net margin 0.4%) and EBITDA of ₹44.28 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 11% over five years.
The company has about 146 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹187.55 Cr and satisfied charges of ₹24.23 Cr on record. Court records list 147 cases involving the company, including 44 filed by the company and 103 filed against it; 3 cases are pending. The company has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.17 Cr; the latest was in March 2024. Its 3 peer companies in the Cleantech industry (Textiles, Wind Power), with the same principal business activity (manufacture of textiles) are compared by revenue, 2 larger and 1 smaller; the largest is P K P N Spinning Mills Private Limited with revenue of ₹400.61 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cholagroups.com.
Company details
Contact details
Chola Spinning Mills Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressSf 189/1 Kumarapalayam Roadveppadai Elanthakuttai Post, Erode, Tamil Nadu, India – 638008
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Chola Spinning Mills 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 Chola Spinning Mills is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Chola Spinning Mills Private Limited, buy the company report.
Financials of Chola Spinning Mills Private Limited
FY 2025 filings availableChola Spinning Mills Private Limited reported revenue of ₹397.71 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 21% 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 | ₹397.71 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹44.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.41 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Chola Spinning Mills Private Limited, buy the company report.
Board of directors of Chola Spinning Mills Private Limited
Chola Spinning Mills has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vediyarasampalayam Venkatachalam Prasanth | Whole-Time Director | 20 Jan 2016 | 10 Years 9 Months | Current |
| Sengodan Venkatachalam | Whole-Time Director | 07 May 2009 | 17 Years 6 Months | Current |
| Palaniappan Sengodan | Whole-Time Director | 15 Dec 1992 | 33 Years 10 Months | Current |
Peer comparison
Chola Spinning Mills Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Textiles, Wind Power), with the same principal business activity (manufacture of textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| P K P N Spinning Mills Private Limited | ₹400.61 Cr (FY 2025) | 20.0% | Pallipalayam, Tamil Nadu, India | |||
| Sudhan Spinning Mills Private Limited | ₹399.23 Cr (FY 2025) | -15.0% | Tirpur, Tamil Nadu, India | |||
| Chola Spinning Mills Private Limitedthis company | ₹397.71 Cr (FY 2025) | ₹1.41 Cr | 0.4% | -8.0% | 146 | Erode, Tamil Nadu, India |
| Indian Acrylics Limited | ₹394.43 Cr (FY 2025) | -29.0% | Sangrur, Punjab, India |
To see the full peer comparison of Chola Spinning Mills Private Limited, buy the company report.
Auditor
Chola Spinning Mills Private Limited is audited by T N RAMADOSS & CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T N RAMADOSS & CO | FY 2025 | 007080S |
Shareholding
The shareholding of Chola Spinning Mills Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chola Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2025 | 101115284 | Others | ₹15 Cr | Open | |
| 29 Nov 2010 | 10261468 | Others | ₹14 Lakh | Open | |
| 26 Apr 1995 | 90002764 | Others | ₹172.41 Cr | Open | |
| 04 Dec 2020 | 100443892 | Hdfc Bank Limited | ₹14.72 Lakh | Satisfied | |
| 16 Nov 2020 | 100449726 | Hdfc Bank Limited | ₹40.6 Lakh | Satisfied |
To see the full charge records of Chola Spinning Mills Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Chola Spinning Mills Private Limited has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.17 Cr; the latest was in March 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round | ₹33.6 Lakh | Investors: 3 individuals |
| Mar 2021 | Funding round | ₹3 Cr | Investors: 2 individuals |
| Nov 2016 | Funding round | ₹1.84 Cr | Investors: 2 individuals |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Chola Spinning Mills 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
Chola Spinning Mills Private Limited has 147 court cases on record: 44 filed by Chola Spinning Mills, 103 filed against it. 3 cases are pending and 144 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 83 | 69 | 1 |
| District courts | 62 | 32 | 2 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 147)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Disposed |
| District court, Namakkal, Tamil Nadu | Appeal | Filed against the company by an individual | Disposed |
| District court, Namakkal, Tamil Nadu | Appeal | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Disposed |
To see the full case history of Chola 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.
Credit ratings & regulatory alerts
Chola Spinning Mills Private Limited was last rated by Care on 13 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 13 Jul 2022 |
To see the full credit ratings and regulatory alerts of Chola Spinning Mills Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chola Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Chola Spinning Mills Private Limited has a workforce of 146 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 146 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Chola Spinning Mills Private Limited, buy the company report.
GST
Chola Spinning Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACC8484F1ZP | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chola Spinning Mills Private Limited, buy the company report.
Recent activity
Chola Spinning Mills Private Limited has 9 board changes on record since 1992: 3 appointments and 6 cessations. The latest: Palaniappan Sengodan ceased to be Director on 01 Feb 2020.
26 earlier events are in the company report.
Frequently asked questions
Chola Spinning Mills is an active private limited company based in Erode, Tamil Nadu, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 15 December 1992 (34+ years old) and is registered under CIN U17111TZ1992PTC004166.
Chola Spinning Mills has 3 current directors:
- Vediyarasampalayam Venkatachalam Prasanth - Whole-Time Director
- Sengodan Venkatachalam - Whole-Time Director
- Palaniappan Sengodan - Whole-Time Director
The latest financial statements of Chola 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 GSTIN of Chola Spinning Mills is 33AAACC8484F1ZP, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Chola Spinning Mills is U17111TZ1992PTC004166. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chola Spinning Mills has 147 court cases on record: 44 filed by the company and 103 filed against it. 3 are pending. Most are in the high courts.
Chola Spinning Mills was incorporated on 15 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Coimbatore.
Chola Spinning Mills has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.17 Cr; the latest was in March 2024.
The peers of Chola Spinning Mills by revenue are P K P N Spinning Mills Private Limited, Sudhan Spinning Mills Private Limited, Indian Acrylics Limited, all in the Cleantech industry (Textiles, Wind Power), with the same principal business activity (manufacture of textiles).
Palaniappan Sengodan ceased to be Director on 01 Feb 2020. Sengodan Venkatachalam ceased to be Director on 01 Apr 2018. Vediyarasampalayam Venkatachalam Prasanth ceased to be Additional Director on 30 Sep 2016. Chola Spinning Mills has 9 board changes on record in total.
Chola Spinning Mills can be reached through the website cholagroups.com. Its registered office is in Erode, Tamil Nadu, India.
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