Eastern Spinwell Limited
About Eastern Spinwell Limited
Data last updated:
Eastern Spinwell Limited is a public 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 24 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U45200TZ1994PLC005291. Its GSTIN is 33AABCA8146P1ZE (Tamil Nadu).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.84 Cr. It is led by directors including Suresh Kumar Agarwal (Managing Director) and Ankit Agarwal.
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 No 472/1A Pothiyampalayam Road Arasur Village, Coimbatore, Tamil Nadu, India – 641407.
As per the financials filed for FY 2025, the company reported a revenue of ₹79,000, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹14.68 Lakh and EBITDA of -₹7.48 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 56% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹2.5 Cr on record. Court records list 17 cases involving the company, including 3 filed by the company and 11 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSf No 472/1A Pothiyampalayam Road Arasur Village, Coimbatore, Tamil Nadu, India – 641407
- 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 Eastern Spinwell Limited FY 2025 filings available
Eastern Spinwell Limited reported revenue of ₹79,000 (down 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Eastern Spinwell Limited
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 84% fall 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 Eastern Spinwell Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹7.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.68 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 Eastern Spinwell Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Eastern Spinwell 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 Eastern Spinwell Limited
Eastern Spinwell 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 |
|---|---|---|---|---|---|---|
| Bannariamman Handloom Silk Dying and Weaving Association | ₹80,787 (FY 2022) | •••• | •••• | 15.0% | •••• | Sathyamangalam, Tamil Nadu, India |
| Magnolia Textiles Private Limited | ₹80,600 (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| True North Resources Private Limited | ₹79,859 (FY 2017) | •••• | •••• | -81.0% | •••• | Bangalore, Karnataka, India |
| Spintex Industries Private Limited | ₹79,502 (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Le-Collezioni Luxury Products Private Limited | ₹79,129 (FY 2021) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Eastern Spinwell Limited this company | ₹79,000 (FY 2025) | •••• | •••• | -84.0% | •••• | Coimbatore, Tamil Nadu, India |
| Sneha Woventex Private Limited | ₹78,280 (FY 2021) | •••• | •••• | -15.0% | •••• | Delhi, India |
| Priyanka Tecfeb Private Limited | ₹78,000 (FY 2025) | •••• | •••• | 59.0% | •••• | New Delhi, Delhi, India |
| Vatsvi Mills Private Limited | ₹77,807 (FY 2025) | •••• | •••• | -100.0% | •••• | Noida, Uttar Pradesh, India |
| Travancore Hills Exports Private Limited | ₹77,119 (FY 2025) | •••• | •••• | •••• | Thiruvananthapuram, Kerala, India | |
| Tarun Shree Cotton Private Limited | ₹76,840 (FY 2021) | •••• | •••• | -10.0% | •••• | Rayagada, Odisha, India |
Peers are the five companies nearest above and the five nearest below Eastern Spinwell 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 Eastern Spinwell Limited
Eastern Spinwell Limited is audited by NARAYANAN & RAMESH for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NARAYANAN & RAMESH | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Eastern Spinwell Limited
Eastern Spinwell has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Agarwal | Director | 25 Jan 2017 | 9 Years 8 Months | Current |
| Mathi Arasu Pandian Also directs: Porunay Textiles Private Limited | Director | 20 May 2024 | 2 Years 4 Months | Current |
| Meenakshi Agarwal | Director | 22 Mar 1997 | 29 Years 6 Months | Current |
| Suresh Kumar Agarwal | Managing Director | 22 Mar 1997 | 29 Years 6 Months | Current |
Ownership and Shareholding of Eastern Spinwell 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 Eastern Spinwell Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2015 | Canara Bank | ₹1 Cr | Satisfied |
| 26 Jul 2006 | Indian Overseas Bank | ₹1.5 Cr | Satisfied |
| 19 Jun 1996 | Industrial Development Bank of India | ₹- | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Eastern Spinwell Limited
Eastern Spinwell Limited has 17 court cases on record: 3 filed by Eastern Spinwell, 11 filed against it, 3 where it is another party. 4 cases are pending and 13 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 3 | 4 |
| District courts | 8 | 8 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (CRL A) | Filed against the company by Srinithiindustries Limited | Pending |
| Madras High Court | Court case (CRL A) | Filed against the company by M/S.Srinithi Industries | Pending |
| Madras High Court | Interim or miscellaneous application | Company is another party | Pending |
| District court, Coimbatore, Tamil Nadu | Court case (COS) | Filed against the company by Velavan Textiles | Disposed |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed against the company by Velavan Textiles | Disposed |
Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Eastern Spinwell Limited
Employment history and EPFO contributions of people linked to Eastern Spinwell.
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.
CIN History of Eastern Spinwell Limited
Eastern Spinwell has one previous CIN (Corporate Identification Number): U17111TZ1994PLC005291. The current CIN is U45200TZ1994PLC005291, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200TZ1994PLC005291 | Current |
| U17111TZ1994PLC005291 | Previous |
Recent Activity on Eastern Spinwell Limited
Eastern Spinwell Limited has 9 board changes on record since 1997: 4 appointments and 5 cessations. The latest: Mathi Arasu Pandian ceased to be Additional Director on 29 Sep 2024.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Eastern Spinwell 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 Eastern Spinwell 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 Eastern Spinwell 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 Eastern Spinwell Limited
Eastern Spinwell has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCA8146P1ZE | 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 Eastern Spinwell 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 Eastern Spinwell Limited
Eastern Spinwell is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 August 1994 (32+ years old) and is registered under CIN U45200TZ1994PLC005291.
Eastern Spinwell reported revenue of ₹79,000 for FY 2025 (down 84% YoY).
Eastern Spinwell has 4 current directors:
- Suresh Kumar Agarwal - Managing Director
- Ankit Agarwal - Director
- Mathi Arasu Pandian - Director
- Meenakshi Agarwal - Director
Eastern Spinwell reported a net loss of ₹14.68 Lakh and EBITDA of -₹7.48 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Eastern Spinwell is -72% over three years and -56% over five years. In the latest year (FY 2025) revenue fell 84%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Eastern Spinwell is 33AABCA8146P1ZE, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Eastern Spinwell is U45200TZ1994PLC005291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eastern Spinwell has 17 court cases on record: 3 filed by the company and 11 filed against it. 4 are pending. Most are in the high courts.
Eastern Spinwell was incorporated on 24 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Eastern Spinwell by revenue are Bannariamman Handloom Silk Dying and Weaving Association, Magnolia Textiles Private Limited, True North Resources Private Limited, Spintex Industries Private Limited, Le-Collezioni Luxury Products Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Mathi Arasu Pandian ceased to be Additional Director on 29 Sep 2024. Mathi Arasu Pandian was appointed as Director on 20 May 2024. Ankit Agarwal ceased to be Additional Director on 27 Sep 2017. Eastern Spinwell has 9 board changes on record in total.