MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-28-0011824
Crystal Knitters Private Limited - fashion and textile in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.71 Cr
▼ 17% YoY
Net loss · FY 2024
₹1.71 Cr
Net margin -14.6%
EBITDA · FY 2024
-₹58.88 Lakh
EBITDA margin -5%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹4.42 Cr
Issued & subscribed
Open charges
₹10.33 Cr
Satisfied ₹12.11 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
34
Provident fund records
About Crystal Knitters Private Limited
Data last updated:
Crystal Knitters Private Limited is a private limited company based in Tirupur, Tamil Nadu, India, a subsidiary of Sadhana Spinners Limited. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 09 February 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17219TZ1998PTC008283. Its GSTIN is 33AABCC5572D1Z1 (Tamil Nadu). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.42 Cr. It is led by directors including Venkatapathy Shriprakash and Venkatapathy Vijayasekar.
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 Crystalgardens4/689 Nochipalayamroadveerapandi, Tirupur, Tamil Nadu, India – 641605.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.71 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Cr (net margin -14.6%) and EBITDA of -₹58.88 Lakh (EBITDA margin -5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 13% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.33 Cr and satisfied charges of ₹12.11 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Crystal Knitters Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-28-0011824). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website crystal.one.
Company details
CIN U17219TZ1998PTC008283
Registration Number 008283
Incorporation Date 09 February 1998
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Sadhana Spinners Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-28-0011824
Key People
Venkatapathy Shriprakash Director Venkatapathy Vijayasekar Director Kasthuriswamy Naidu Venkatapathy Director Recognitions & Rankings of Crystal Knitters
Contact details
Crystal Knitters Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is crystal.one. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressCrystalgardens4/689 Nochipalayamroadveerapandi, Tirupur, Tamil Nadu, India – 641605
- IndustryFashion and Textile, Innerwear
To see the full contact details of Crystal Knitters Private Limited, buy the company report.
Comprehensive company report
Crystal Knitters 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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Business activity
The main business activity of Crystal Knitters is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Crystal Knitters Private Limited, buy the company report.
Financials of Crystal Knitters Private Limited
FY 2024 filings availableCrystal Knitters Private Limited reported revenue of ₹11.71 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹11.71 Cr ▼ 17%
Net loss · FY 2024
₹1.71 Cr margin -14.6%
EBITDA · FY 2024
-₹58.88 Lakh margin -5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 4%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 148%
3 years · compounded
▲ 25%
5 years · compounded
▼ 21%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 17% fall in the latest year. EBITDA fell 148% 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 |
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| EBITDA | -₹58.88 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -5% | ||||
| Net Profit Margin | -14.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Crystal Knitters Private Limited, buy the company report.
Board of directors of Crystal Knitters Private Limited
Crystal Knitters has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatapathy Shriprakash | Director | 09 Feb 1998 | 28 Years 8 Months | Current |
| Venkatapathy Vijayasekar | Director | 09 Feb 1998 | 28 Years 8 Months | Current |
| Kasthuriswamy Naidu Venkatapathy | Director | 09 Feb 1998 | 28 Years 8 Months | Current |
| Vimala | Director | 09 Feb 1998 | 28 Years 8 Months | Current |
Peer comparison
Crystal Knitters Private Limited is compared with the 9 companies closest to it by revenue in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MSK Creations Private Limited | ₹12.3 Cr (FY 2023) | -61.0% | Tirupur, Tamil Nadu, India | |||
| Hue Chem Textiles Private Limited | ₹12.12 Cr (FY 2025) | -34.0% | Mumbai, Maharashtra, India | |||
| HBS Woollen Mills Pvt Ltd | ₹11.91 Cr (FY 2024) | -20.0% | Ludhiana, Punjab, India | |||
| Rolland Textiles Private Limited | ₹11.9 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Sherry Apparels Private Limited | ₹11.72 Cr (FY 2024) | 2.0% | Mumbai, Maharashtra, India | |||
| Crystal Knitters Private Limitedthis company | ₹11.71 Cr (FY 2024) | -₹1.71 Cr | -14.6% | -17.0% | 34 | Tirupur, Tamil Nadu, India |
| Amit Paridhan Private Limited | ₹11.61 Cr (FY 2025) | -4.0% | Kolkata, West Bengal, India | |||
| Mybra Intimates Private Limited | ₹11.1 Cr (FY 2024) | -15.0% | Nelamangala, Karnataka, India | |||
| Ganga Hosiery Industries Private Limited | ₹10.84 Cr (FY 2025) | 30.0% | Kanpur, Uttar Pradesh, India | |||
| Shree Sunder Textiles Private Limited | ₹10.77 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Crystal Knitters Private Limited, buy the company report.
Shareholding
The shareholding of Crystal Knitters Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Crystal Knitters Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.33 Cr
Satisfied charges
₹12.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2018 | 100187174 | Others | ₹10.33 Cr | Open | |
| 29 Dec 2009 | 10196065 | Indian Overseas Bank | ₹5.5 Cr | Satisfied | |
| 08 Dec 2006 | 10029511 | Abn Amro Bank N V | ₹74.2 Lakh | Satisfied | |
| 03 Jun 2005 | 90001889 | Icici Bank Limited | ₹3.35 Cr | Satisfied | |
| 23 Jan 1999 | 90003361 | Punjab National Bank | ₹2.52 Cr | Satisfied |
To see the full charge records of Crystal Knitters Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Crystal Knitters Private Limited has 3 court cases on record: 1 filed by Crystal Knitters, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (ARP) | Filed against the company by M/S. SRK Fashion THR. Its Mr. Ramchandra Govind Kurdukar | Disposed |
| Bombay High Court | Court case (ARP) | Filed against the company by M/S. SRK Fashion,Thr.Partner Mr. Ramchandra Govind Kurdukar | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Crystal Knitters 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
Crystal Knitters Private Limited was last rated by Crisil on 27 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Oct 2020 |
To see the full credit ratings and regulatory alerts of Crystal Knitters Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Crystal Knitters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Crystal Knitters Private Limited has a workforce of 34 employees on its EPFO records as of Apr 04, 2024, across 3 active EPFO establishments.
Employee count
34
Active EPFO establishments
3
Employee growth
6.25%
GST
Crystal Knitters has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCC5572D1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Crystal Knitters Private Limited, buy the company report.
Recent activity
Crystal Knitters Private Limited has 4 board changes on record since 1998: 4 appointments. The latest: Kasthuriswamy Naidu Venkatapathy was appointed as Director on 09 Feb 1998.
AGM
Crystal Knitters Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Crystal Knitters 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. 10.33 Cr registered on 12 Jun 2018 with Charge ID 100187174 was modified on 06 Aug 2020.
Charges
A charge registered on 29 Dec 2009 via Charge ID 10196065 with Indian Overseas Bank was fully satisfied on 06 Jul 2018.
Charges
A charge with Others amounted to Rs. 10.33 Cr with Charge ID 100187174 was registered on 12 Jun 2018.
Charges
A charge with Indian Overseas Bank of Rs. 5.50 Cr registered on 29 Dec 2009 with Charge ID 10196065 was modified on 11 Jul 2017.
Charges
A charge registered on 08 Dec 2006 via Charge ID 10029511 with Abn Amro Bank N V was fully satisfied on 20 Apr 2010.
Charges
A charge registered on 03 Jun 2005 via Charge ID 90001889 with Icici Bank Limited was fully satisfied on 25 Feb 2010.
Charges
A charge with Indian Overseas Bank amounted to Rs. 5.50 Cr with Charge ID 10196065 was registered on 29 Dec 2009.
Charges
A charge with Abn Amro Bank N V of Rs. 0.74 Cr registered on 08 Dec 2006 with Charge ID 10029511 was modified on 28 Apr 2008.
Charges
A charge with Abn Amro Bank N V amounted to Rs. 0.74 Cr with Charge ID 10029511 was registered on 08 Dec 2006.
Charges
A charge with Icici Bank Limited of Rs. 3.35 Cr registered on 03 Jun 2005 with Charge ID 90001889 was modified on 10 Oct 2005.
9 earlier events are in the company report.
Frequently asked questions
Crystal Knitters is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 09 February 1998 (28+ years old) and is registered under CIN U17219TZ1998PTC008283.
Crystal Knitters has 4 current directors:
- Venkatapathy Shriprakash - Director
- Venkatapathy Vijayasekar - Director
- Kasthuriswamy Naidu Venkatapathy - Director
- Vimala - Director
The latest financial statements of Crystal Knitters 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 Crystal Knitters is 33AABCC5572D1Z1, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Crystal Knitters is U17219TZ1998PTC008283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crystal Knitters has 3 court cases on record: 1 filed by the company and 2 filed against it.
Crystal Knitters was incorporated on 09 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Crystal Knitters by revenue are MSK Creations Private Limited, Hue Chem Textiles Private Limited, HBS Woollen Mills Pvt Ltd, Rolland Textiles Private Limited, Sherry Apparels Private Limited and 4 more, all in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products).
Kasthuriswamy Naidu Venkatapathy was appointed as Director on 09 Feb 1998. Venkatapathy Shriprakash was appointed as Director on 09 Feb 1998. Venkatapathy Vijayasekar was appointed as Director on 09 Feb 1998. Crystal Knitters has 4 board changes on record in total.
Yes, Crystal Knitters is registered as an MSME under Udyam registration (number: UDYAM-TN-28-0011824).
Crystal Knitters can be reached through the website crystal.one. Its registered office is in Tirupur, Tamil Nadu, India.