Elite Textile Mill Private Limited
About Elite Textile Mill Private Limited
Data last updated:
Elite Textile Mill Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the magnetite segment of the mining sector. It was incorporated on 18 November 2023.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U13124TZ2023PTC029932.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹7 Lakh. It is led by directors Balasubramani and Thangeeswaran.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Erode, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.98 Cr. For the same year it recorded a net profit of ₹1.45 Cr (net margin 20.7%) and EBITDA of ₹2.1 Cr (EBITDA margin 30%).
As per MCA filings, the company has open charges of ₹26.69 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.349 Kumaran Rice Mill, Devi Chitra Theatre Road, Erode, Tamil Nadu, India – 638052
- IndustryMining, Magnetite, Mining, Iron Ores Includes Mining Of Hematite
- 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
Business Activity
The main business activity of Elite Textile Mill is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Elite Textile Mill Private Limited
FY 2025 filings availableElite Textile Mill Private Limited reported revenue of ₹6.98 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24in the company report |
|---|---|---|
| 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 | ₹2.1 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹1.45 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
| Metrics | FY 2024-25 | FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 30% | |
| Net Profit Margin | 20.7% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2023-24, 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 Elite Textile Mill are in the company report.
: available in the company report
Board of Directors of Elite Textile Mill Private Limited
Elite Textile Mill has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasubramani Also directs: Elite Clean Energy Private Limited, BT Textile Processing Private Limited, Neem Agro Renewable Energy Private Limited and 1 more | Director | 18 Nov 2023 | 2 Years 11 Months | Current |
| Thangeeswaran | Director | 18 Nov 2023 | 2 Years 11 Months | Current |
Peer Comparison
Elite Textile Mill Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pwalls Exports Private Limited | ₹7.01 Cr (FY 2023) | •••• | •••• | 814.0% | •••• | Bhiwandi, Maharashtra, India |
| Morchhadi Textile Private Limited | ₹7 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Surat, Gujarat, India |
| Elite Textile Mill Private Limited this company | ₹6.98 Cr (FY 2025) | •••• | •••• | •••• | Erode, Tamil Nadu, India | |
| Intalia Knit Wear Private Limited | ₹6.98 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Madurai, Tamil Nadu, India |
| Shree Sanwariyaji Sulz Private Limited | ₹6.97 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Bhilwara, Rajasthan, India |
| Saheli Fashions Private Limited | ₹6.97 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
Peers are the companies nearest to Elite Textile Mill by revenue, above and below it, in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2025 | State Bank of India | ₹26.69 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Elite Textile Mill.
: available in the company report
Recent Activity
Elite Textile Mill Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Balasubramani was appointed as Director on 18 Nov 2023.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Elite Textile Mill is an active private limited company based in Erode, Tamil Nadu, India. The company works in magnetite, within the mining industry. It was incorporated on 18 November 2023 (3+ years old) and is registered under CIN U13124TZ2023PTC029932.
Elite Textile Mill has 2 current directors:
- Balasubramani - Director
- Thangeeswaran - Director
The latest financial statements of Elite Textile Mill on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Elite Textile Mill is U13124TZ2023PTC029932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Textile Mill was incorporated on 18 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Elite Textile Mill by revenue are Pwalls Exports Private Limited, Morchhadi Textile Private Limited, Intalia Knit Wear Private Limited, Shree Sanwariyaji Sulz Private Limited, Saheli Fashions Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Balasubramani was appointed as Director on 18 Nov 2023. Thangeeswaran was appointed as Director on 18 Nov 2023.
The registered office of Elite Textile Mill is at No.349 Kumaran Rice Mill, Devi Chitra Theatre Road, Erode, Tamil Nadu, India – 638052.
Elite Textile Mill operates in the mining industry, in the magnetite segment.
Elite Textile Mill has open charges of ₹26.69 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Elite Textile Mill is compliant as of 04 August 2026. The company is actively filing with the Registrar of Companies.