MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-03-0060389
Covai Filaments Private Limited
Covai Filaments Private Limited - home & lifestyle in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.02 Lakh
▲ 6% YoY
Net profit · FY 2024
₹30,060
Net margin 3.7%
EBITDA · FY 2024
₹57,800
EBITDA margin 7.2%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Satisfied charges
₹14 Lakh
No open charges
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
About Covai Filaments Private Limited
Data last updated:
Covai Filaments Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 04 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1994PTC005185.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Jayakrishnan Raghunandan and Nallappa Gounder Jayakrishnan.
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 S F No III/1 To 6 Annur Road Arasur, Coimbatore, Tamil Nadu, India – 641407.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.02 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹30,060 (net margin 3.7%) and EBITDA of ₹57,800 (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
As per MCA filings, the company has satisfied charges of ₹14 Lakh on record.
Covai Filaments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0060389). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17111TZ1994PTC005185
Registration Number 005185
Incorporation Date 04 July 1994
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-03-0060389
Recognitions & Rankings of Covai Filaments
Contact details
Covai Filaments Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS F No III/1 To 6 Annur Road Arasur, Coimbatore, Tamil Nadu, India – 641407
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Covai Filaments Private Limited, buy the company report.
Comprehensive company report
Covai Filaments 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
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Financials of Covai Filaments Private Limited
FY 2025 filings availableCovai Filaments Private Limited reported revenue of ₹8.02 Lakh (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹8.02 Lakh ▲ 6%
Net profit · FY 2024
₹30,060 margin 3.7%
EBITDA · FY 2024
₹57,800 margin 7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 6%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 47%
5 years · compounded
▼ 32%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 6% growth in the latest year. EBITDA fell 47% 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 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 | ₹57,800 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30,060 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 3.7% | ||||
| 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 Covai Filaments Private Limited, buy the company report.
Board of directors of Covai Filaments Private Limited
Covai Filaments has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayakrishnan Raghunandan | Director | 09 Oct 2021 | 5 Years 1 Months | Current |
| Nallappa Gounder Jayakrishnan | Director | 09 Oct 2021 | 5 Years 1 Months | Current |
Peer comparison
Covai Filaments Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hiwamee Sarees Private Limited | ₹8.07 Lakh (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Taurus Merchandising Private Limited | ₹8.06 Lakh (FY 2024) | 4.0% | New Delhi, Delhi, India | |||
| Vikram Syntex Private Limited | ₹8.05 Lakh (FY 2024) | -96.0% | Surat, Gujarat, India | |||
| SLB Trading & Consulting Private Limited | ₹8.03 Lakh (FY 2022) | -8.0% | Lucknow, Uttar Pradesh, India | |||
| Fantastic Dealcom Private Limited | ₹8.03 Lakh (FY 2021) | -64.0% | Siliguri, West Bengal, India | |||
| Covai Filaments Private Limitedthis company | ₹8.02 Lakh (FY 2024) | ₹30,060 | 3.7% | 6.0% | Coimbatore, Tamil Nadu, India | |
| Cast Iron Products (India) Private Limited | ₹8 Lakh (FY 2024) | -48.0% | Raebareli, Uttar Pradesh, India | |||
| Major Exports Limited | ₹8 Lakh (FY 2025) | 79900.0% | Mumbai, Maharashtra, India | |||
| Sunlight Apparels Private Limited | ₹8 Lakh (FY 2025) | 5.0% | Delhi, India | |||
| SPSS Vyapaar Private Limited | ₹7.95 Lakh (FY 2024) | 16.0% | Guwahati, Assam, India | |||
| Primex Fashions (India ) Private Limited | ₹7.95 Lakh (FY 2018) | 178.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Covai Filaments Private Limited, buy the company report.
Auditor
Covai Filaments Private Limited is audited by K BALASUBRAMANIAN for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K BALASUBRAMANIAN | FY 2021 | 211267 |
Shareholding
The shareholding of Covai Filaments Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Covai Filaments Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹14 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 1996 | 90000615 | Union Bank of India | ₹14 Lakh | Satisfied |
To see the full charge records of Covai Filaments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Covai Filaments Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Covai Filaments 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 Covai Filaments Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Covai Filaments Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Jayakrishnan Raghunandan ceased to be Additional Director on 30 Sep 2022.
AGM
Covai Filaments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Covai Filaments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Ceased
Jayakrishnan Raghunandan ceased to be Additional Director.
Ceased
Nallappa Gounder Jayakrishnan ceased to be Additional Director.
Ceased
Dayalraj Paramanantham ceased to be Director.
Appointed
Jayakrishnan Raghunandan was appointed as Director.
Ceased
Josephpragasam ceased to be Director.
Appointed
Nallappa Gounder Jayakrishnan was appointed as Director.
Charges
A charge registered on 03 May 1996 via Charge ID 90000615 with Union Bank Of India was fully satisfied on 02 Nov 2012.
Charges
A charge with Union Bank Of India amounted to Rs. 14.00 Lakh with Charge ID 90000615 was registered on 03 May 1996.
Incorporation
04 Jul 1994
Covai Filaments Private Limited was registered on 04 Jul 1994 with Roc Coimbatore & aged 32 years 4 months as per MCA records.
Frequently asked questions
Covai Filaments is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 04 July 1994 (32+ years old) and is registered under CIN U17111TZ1994PTC005185.
Covai Filaments has 2 current directors:
- Jayakrishnan Raghunandan - Director
- Nallappa Gounder Jayakrishnan - Director
The latest financial statements of Covai Filaments 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 Covai Filaments is U17111TZ1994PTC005185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covai Filaments was incorporated on 04 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Covai Filaments by revenue are Hiwamee Sarees Private Limited, Taurus Merchandising Private Limited, Vikram Syntex Private Limited, SLB Trading & Consulting Private Limited, Fantastic Dealcom Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Jayakrishnan Raghunandan ceased to be Additional Director on 30 Sep 2022. Nallappa Gounder Jayakrishnan ceased to be Additional Director on 30 Sep 2022. Dayalraj Paramanantham ceased to be Director on 09 Oct 2021. Covai Filaments has 6 board changes on record in total.
Yes, Covai Filaments is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0060389).
The registered office of Covai Filaments is at S F No III1 To 6 Annur Road Arasur, Coimbatore, Tamil Nadu, India – 641407.
Covai Filaments operates in the home and lifestyle industry, in the textile retail and distribution segment.
Covai Filaments has no open charges and satisfied charges of ₹14 Lakh as per latest MCA filings.
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