Collarplus Textiles Private Limited
About Collarplus Textiles Private Limited
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Collarplus Textiles Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1998PTC008264. Its GSTIN is 33AABCC3692A1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35.2 Lakh. It is led by directors Jaishankar Tharachandrika and Duraisamy Jaishankar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 89 Eswaran Koil Street Tirupur, Coimbatore, Tamil Nadu, India – 641604.
As per the financials filed for FY 2019, the company reported a revenue of ₹18.88 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹3.84 Lakh (net margin -20.3%) and EBITDA of ₹10.12 Lakh (EBITDA margin 53.6%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years.
As per MCA filings, the company has open charges of ₹1.68 Cr and satisfied charges of ₹40 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address89 Eswaran Koil Street Tirupur, Coimbatore, Tamil Nadu, India – 641604
- 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
Financials of Collarplus Textiles Private Limited FY 2020 filings available
Collarplus Textiles Private Limited reported revenue of ₹18.88 Lakh (down 66% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Collarplus Textiles Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 44% over three years, including a 66% fall in the latest year. EBITDA fell 34% 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 Collarplus Textiles Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹10.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.84 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 Collarplus Textiles Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -20.3% | •••• | •••• | •••• | •••• |
| 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 Collarplus Textiles 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 Collarplus Textiles Private Limited
Collarplus Textiles 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 |
|---|---|---|---|---|---|---|
| Vertex Filaments Private Limited | ₹18.91 Lakh (FY 2019) | •••• | •••• | -1.0% | •••• | Surat, Gujarat, India |
| Artisan Luxe Private Limited | ₹18.91 Lakh (FY 2024) | •••• | •••• | 116.0% | •••• | Gurgaon, Haryana, India |
| Dsign Textiles Private Limited | ₹18.91 Lakh (FY 2020) | •••• | •••• | 630.0% | •••• | Mumbai, Maharashtra, India |
| Mahajan Silk Mills Pvt Ltd | ₹18.9 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Vasupujya Spinners Private Limited | ₹18.9 Lakh (FY 2023) | •••• | •••• | 15.0% | •••• | Ahmedabad, Gujarat, India |
| Collarplus Textiles Private Limited this company | ₹18.88 Lakh (FY 2019) | •••• | •••• | -66.0% | •••• | Coimbatore, Tamil Nadu, India |
| Indira Exports Private Limited | ₹18.88 Lakh (FY 2025) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Kitex Herbals Limited | ₹18.84 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Ernakulam, Kerala, India |
| Jyoti Woollen Mills Private Limited | ₹18.83 Lakh (FY 2024) | •••• | •••• | -15.0% | •••• | Ajmer, Rajasthan, India |
| H M Styles Private Limited | ₹18.82 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Delhi, India |
| Classic Fits Fashion Private Limited | ₹18.82 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Collarplus Textiles 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 Collarplus Textiles Private Limited
Auditor information for Collarplus Textiles 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 Collarplus Textiles Private Limited
Collarplus Textiles has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaishankar Tharachandrika | Director | 27 Feb 2004 | 22 Years 7 Months | Current |
| Duraisamy Jaishankar | Director | 28 Jan 1998 | 28 Years 8 Months | Current |
Ownership and Shareholding of Collarplus Textiles 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 Collarplus Textiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2005 | Small Industries Development Bank Limited | ₹15 Lakh | Open |
| 29 Sep 2000 | The Lakshmi Vilas Bank Ltd. | ₹21 Lakh | Open |
| 21 Dec 1998 | Small Industries Development Bank of India | ₹30 Lakh | Open |
| 18 Dec 1998 | Syndicate Bank | ₹10 Lakh | Open |
| 23 Sep 1998 | Indusind Bank Ltd. | ₹10.81 Lakh | Open |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Collarplus Textiles Private Limited
Employment history and EPFO contributions of people linked to Collarplus Textiles.
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 Collarplus Textiles Private Limited
Collarplus Textiles Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Jaishankar Tharachandrika was appointed as Director on 27 Feb 2004.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Collarplus Textiles 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 Collarplus Textiles 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 Collarplus Textiles 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 Collarplus Textiles Private Limited
Collarplus Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCC3692A1Z6 | 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 Collarplus Textiles 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 Collarplus Textiles Private Limited
Collarplus Textiles is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 January 1998 (28+ years old) and is registered under CIN U17111TZ1998PTC008264.
Collarplus Textiles reported revenue of ₹18.88 Lakh for FY 2019 (down 66% YoY).
Collarplus Textiles has 2 current directors:
- Jaishankar Tharachandrika - Director
- Duraisamy Jaishankar - Director
Collarplus Textiles reported a net loss of ₹3.84 Lakh (net margin -20.3%) and EBITDA of ₹10.12 Lakh (EBITDA margin 53.6%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Collarplus Textiles is -44% over three years. In the latest year (FY 2019) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Collarplus Textiles is 33AABCC3692A1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Collarplus Textiles is U17111TZ1998PTC008264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Collarplus Textiles was incorporated on 28 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Collarplus Textiles by revenue are Vertex Filaments Private Limited, Artisan Luxe Private Limited, Dsign Textiles Private Limited, Mahajan Silk Mills Pvt Ltd, Vasupujya Spinners Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Jaishankar Tharachandrika was appointed as Director on 27 Feb 2004. Duraisamy Jaishankar was appointed as Director on 28 Jan 1998.
The registered office of Collarplus Textiles is at 89 Eswaran Koil Street Tirupur, Coimbatore, Tamil Nadu, India – 641604.