Danavarshini Exports Private Limited

Danavarshini Exports Private Limited - fashion and textile in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U18101TZ2009PTC015127 Incorporated 01 April 2009 ROC Coimbatore HQ Tirupur, Tamil Nadu, India
Active Private Limited Company fashion and textile MSME · Medium
Data last updated
Revenue · FY 2025
₹204.92 Cr
▲ 1% YoY
Net profit · FY 2025
₹5.16 Cr
Net margin 2.5%
EBITDA · FY 2025
₹16.96 Cr
EBITDA margin 8.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.3 Cr
Issued & subscribed
Open charges
₹65.4 Cr
Satisfied ₹26.62 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
832
Provident fund records

About Danavarshini Exports Private Limited

Data last updated:

Danavarshini Exports Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 01 April 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18101TZ2009PTC015127. Its GSTIN is 33AADCD1167H1ZZ (Tamil Nadu).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.3 Cr. It is led by directors including Sreedhar Narasimhan (Managing Director) and Tamizharasan Kaliannan (Whole-Time Director).

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 Tirupur, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹204.92 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹5.16 Cr (net margin 2.5%) and EBITDA of ₹16.96 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.

The company has about 832 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Danavarshini Exports. As per MCA filings, the company has open charges of ₹65.4 Cr and satisfied charges of ₹26.62 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹1.95 Cr; the latest was in March 2011. Its 7 peer companies in the Apparel industry (Inner Wear, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 4 smaller; the largest is Sunny International Limited with revenue of ₹205.52 Cr. The company has 3 MSME Form 1 returns on record between 2022 and 2023, listing 112 overdue payments to 70 micro and small suppliers.

Danavarshini Exports Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0008355). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website danavarshini.in.

Company details

CIN U18101TZ2009PTC015127
Registration Number 015127
Incorporation Date 01 April 2009
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-28-0008355
Key People
Sreedhar Narasimhan Managing Director Tamizharasan Kaliannan Whole-Time Director Ramachandran Sankaralingam Whole-Time Director

Recognitions & Rankings of Danavarshini Exports

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-28-0008355

Contact details

Danavarshini Exports Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is danavarshini.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    danavarshini.in
  • Registered Address
    192/1 Easwaran – Boopathi Industrial Complex Velliampalayam Uthukuli Main Road Tamara, Ikoil Opp, Tirupur, Tamil Nadu, India – 641607
  • Industry
    Fashion and Textile, Innerwear

To see the full contact details of Danavarshini Exports Private Limited, buy the company report.

Comprehensive company report
Danavarshini Exports 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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Brands

Danavarshini Exports operates one associated brand: Danavarshini Exports. Each brand links to its own profile.

BrandDescriptionWebsite
Danavarshini Exports
Export of fashion clothing, including kids, ladies, men’s, night wear, and inner wear, from India.danavarshini.in

Business activity

The main business activity of Danavarshini Exports is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Danavarshini Exports Private Limited, buy the company report.

Financials of Danavarshini Exports Private Limited

FY 2024 filings available

Danavarshini Exports Private Limited reported revenue of ₹204.92 Cr (up 1% YoY) for FY 2025.

Revenue · FY 2025
₹204.92 Cr ▲ 1%
Net profit · FY 2025
₹5.16 Cr margin 2.5%
EBITDA · FY 2025
₹16.96 Cr margin 8.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 4%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 8%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 1% growth in the latest year. EBITDA fell 10% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹16.96 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.16 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.3%
Net Profit Margin2.5%
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 Danavarshini Exports Private Limited, buy the company report.

Board of directors of Danavarshini Exports Private Limited

Danavarshini Exports has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tamizharasan KaliannanWhole-Time Director01 Apr 200917 Years 7 MonthsCurrent
Ramachandran SankaralingamWhole-Time Director01 Apr 200917 Years 7 MonthsCurrent
Sreedhar NarasimhanManaging Director01 Apr 200917 Years 7 MonthsCurrent
View all directors

Peer comparison

Danavarshini Exports Private Limited is compared with the 7 companies closest to it by revenue in the Apparel industry (Inner Wear, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sunny International Limited₹205.52 Cr (FY 2025)-5.0%Panipat, Haryana, India
J S Designer Limited₹205.17 Cr (FY 2016)60.0%Delhi, India
Four Star International Limited₹204.97 Cr (FY 2025)40.0%Kolkata, West Bengal, India
Danavarshini Exports Private Limitedthis company₹204.92 Cr (FY 2025)₹5.16 Cr2.5%1.0%832Tirupur, Tamil Nadu, India
Srikunj Weaving Private Limited₹203.99 Cr (FY 2025)142.0%Ahmedabad, Gujarat, India
Shobha Woollens Private Limited₹203.68 Cr (FY 2025)121.0%Uttar Pradesh, India
Guru Laxmi Cottex Private Limited₹203.64 Cr (FY 2024)-16.0%Yavatmal, Maharashtra, India
Banktesh Udyog Limited₹203.44 Cr (FY 2025)31.0%Kolkata, West Bengal, India

To see the full peer comparison of Danavarshini Exports Private Limited, buy the company report.

Auditor

Danavarshini Exports Private Limited is audited by MSS AND CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
MSS AND COFY 2024001893S

Shareholding

The shareholding of Danavarshini Exports Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Danavarshini Exports Private Limited, buy the company report.

Charges & borrowings

Open charges
₹65.4 Cr
Satisfied charges
₹26.62 Cr
Breakdown by lending institutions
Others₹65.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Aug 2021100473209Others₹3 CrOpen
23 Feb 2021100421211Others₹5.77 CrOpen
10 Oct 200910181672Others₹56.63 CrOpen
23 Feb 2021100421206Others₹2.1 CrSatisfied
29 Jul 201010235237The Tamilnadu Industrial Investment Corporation Limited₹2.9 CrSatisfied

To see the full charge records of Danavarshini Exports Private Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Danavarshini Exports Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1.95 Cr; the latest was in March 2011.

Total deals
1
Funding round
1
Disclosed funding
₹1.95 Cr

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2011Funding round₹1.95 CrInvestors: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Danavarshini Exports Private Limited was last rated by Crisil on 15 Feb 2021.

Rating agencyRated onRating
Crisil15 Feb 2021

To see the full credit ratings and regulatory alerts of Danavarshini Exports Private Limited, buy the company report.

MSME payment delays

Danavarshini Exports Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 112 overdue payments to 70 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 70)

SupplierAmount dueDue sinceReported on
Sri Krishna & Co
Sri Varshini Knit Printers
Sri Sai Chandra Colours
T R Rooby Colours Private Limited
Chromachem India Private Limited

To see the full MSME payment records of Danavarshini Exports Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Danavarshini Exports Private Limited has a workforce of 832 employees on its EPFO records as of Feb 13, 2025, across 3 active EPFO establishments.

Employee count
832
Active EPFO establishments
3
Employee growth
-3.26%

GST

Danavarshini Exports has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AADCD1167H1ZZTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Danavarshini Exports Private Limited, buy the company report.

Recent activity

Danavarshini Exports Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Ramachandran Sankaralingam was appointed as Whole-Time Director on 01 Apr 2009.

AGM
Danavarshini Exports Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Danavarshini Exports 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. 56.63 Cr registered on 10 Oct 2009 with Charge ID 10181672 was modified on 23 Nov 2023.
Charges
A charge registered on 23 Feb 2021 via Charge ID 100421206 with Others was fully satisfied on 01 Sep 2021.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100473209 was registered on 05 Aug 2021.
Charges
A charge with Others amounted to Rs. 5.77 Cr with Charge ID 100421211 was registered on 23 Feb 2021.
Charges
A charge with Others amounted to Rs. 2.10 Cr with Charge ID 100421206 was registered on 23 Feb 2021.
Charges
A charge registered on 29 Jul 2010 via Charge ID 10235237 with The Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 04 Feb 2015.
Charges
A charge registered on 23 Apr 2010 via Charge ID 10219487 with Union Bank Of India was fully satisfied on 07 Oct 2014.
Charges
A charge with Union Bank Of India of Rs. 20.62 Cr registered on 23 Apr 2010 with Charge ID 10219487 was modified on 14 Jun 2014.
Charges
A charge with The Tamilnadu Industrial Investment Corporation Limited amounted to Rs. 2.90 Cr with Charge ID 10235237 was registered on 29 Jul 2010.
Charges
A charge registered on 11 Dec 2009 via Charge ID 10193135 with Union Bank Of India was fully satisfied on 08 May 2010.

10 earlier events are in the company report.

Frequently asked questions

Danavarshini Exports 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 01 April 2009 (17+ years old) and is registered under CIN U18101TZ2009PTC015127.

Danavarshini Exports has 3 current directors:

The latest financial statements of Danavarshini Exports 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 Danavarshini Exports is 33AADCD1167H1ZZ, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Danavarshini Exports is U18101TZ2009PTC015127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Danavarshini Exports has 11 court cases on record: 8 filed by the company and 3 filed against it. Most are in the high courts.

Danavarshini Exports was incorporated on 01 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Coimbatore.

Danavarshini Exports has 1 deal on record (1 funding round), with disclosed funding of ₹1.95 Cr; the latest was in March 2011.

The peers of Danavarshini Exports by revenue are Sunny International Limited, J S Designer Limited, Four Star International Limited, Srikunj Weaving Private Limited, Shobha Woollens Private Limited and 2 more, all in the Apparel industry (Inner Wear, Textiles), with the same principal business activity (textile, leather and other apparel products).

Ramachandran Sankaralingam was appointed as Whole-Time Director on 01 Apr 2009. Ramachandran Sankaralingam ceased to be Director on 01 Apr 2009. Sreedhar Narasimhan was appointed as Managing Director on 01 Apr 2009. Danavarshini Exports has 6 board changes on record in total.

Yes, Danavarshini Exports is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-28-0008355).

Danavarshini Exports has 3 MSME Form 1 returns on record between 2022 and 2023, listing 112 overdue payments to 70 micro and small suppliers. The latest return was filed on 29 Aug 2023.