Elkaypee Spinners Private Limited

Elkaypee Spinners Private Limited - manufacturing in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ1993PTC004434 Incorporated 28 May 1993 ROC Coimbatore HQ Tirupur, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹50.47 Cr
▼ 17.03% YoY
Net loss · FY 2025
₹23.97 Lakh
Net margin -0.5%
EBITDA · FY 2025
₹3.63 Cr
EBITDA margin 7.2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.39 Cr
Issued & subscribed
Open charges
₹21.68 Cr
Satisfied ₹19.33 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
248
Provident fund records

About Elkaypee Spinners Private Limited

Data last updated:

Elkaypee Spinners Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 May 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1993PTC004434. Its GSTIN is 33AAACE5286H1ZP (Tamil Nadu).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.39 Cr. It is led by directors including Govindaswamy Ponnuswamygounder (Managing Director) and Kandaswamy Govindasamy Senthilkumar (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 S.F.No.628/5 D.No.4/596 Veerapandi Pirivu Palladam Road, Tirupur, Tamil Nadu, India – 641605.

As per the financials filed for FY 2025, the company reported a revenue of ₹50.47 Cr. For the same year it recorded a net loss of ₹23.97 Lakh (net margin -0.5%) and EBITDA of ₹3.63 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.

The company has about 248 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹21.68 Cr and satisfied charges of ₹19.33 Cr on record. Court records list 19 cases involving the company, including 17 filed by the company and 3 filed against it; 3 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in September 2015. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Micro Interlinings Private Limited with revenue of ₹50.57 Cr.

Elkaypee Spinners Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0005048). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17111TZ1993PTC004434
Registration Number 004434
Incorporation Date 28 May 1993
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-28-0005048
Key People
Govindaswamy Ponnuswamygounder Managing Director Kandaswamy Govindasamy Senthilkumar Whole-Time Director Ponnuswamy Govindaswamy Ramesh Director

Recognitions & Rankings of Elkaypee Spinners

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-28-0005048

Contact details

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

  • Email
  • Telephone
  • Registered Address
    S.F.No.628/5 D.No.4/596 Veerapandi Pirivu Palladam Road, Tirupur, Tamil Nadu, India – 641605
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Elkaypee Spinners Private Limited, buy the company report.

Comprehensive company report
Elkaypee Spinners 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 Elkaypee Spinners 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 Elkaypee Spinners Private Limited, buy the company report.

Financials of Elkaypee Spinners Private Limited

FY 2024 filings available

Elkaypee Spinners Private Limited reported revenue of ₹50.47 Cr for FY 2025.

Revenue · FY 2025
₹50.47 Cr
Net loss · FY 2025
₹23.97 Lakh margin -0.5%
EBITDA · FY 2025
₹3.63 Cr margin 7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 7%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▼ 14%

Revenue has grown at a compounded annual rate (CAGR) of 4% over five years. EBITDA rose 58% 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₹3.63 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹23.97 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.2%
Net Profit Margin-0.5%
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 Elkaypee Spinners Private Limited, buy the company report.

Board of directors of Elkaypee Spinners Private Limited

Elkaypee Spinners has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ponnuswamy Govindaswamy Ramesh
Also directs: Chenduran Cotspin (India) Private Limited, Erode Sizing Common Facility Centre Private Limited, Evermellow Energy (India) Private Limited and 1 more
Director22 Dec 200817 Years 10 MonthsCurrent
Ponnuswamy Govindaswamy Balaji
Also directs: Chenduran Cotspin (India) Private Limited, Erode Sizing Common Facility Centre Private Limited, Evermellow Energy (India) Private Limited
Director29 Sep 199531 Years 1 MonthsCurrent
Govindaswamy Ponnuswamygounder
Also directs: Chenduran Cotspin (India) Private Limited, PGL Power Private Limited
Managing Director29 Sep 199531 Years 1 MonthsCurrent
Lakshmi Govindasamy Ponuswamy Gounder
Also directs: Chenduran Cotspin (India) Private Limited, PGL Power Private Limited
Director28 Jun 199333 Years 4 MonthsCurrent
Kandaswamy Govindasamy Senthilkumar
Also directs: Chenduran Cotspin (India) Private Limited, Erode Sizing Common Facility Centre Private Limited, Evermellow Energy (India) Private Limited
Whole-Time Director16 Jun 199729 Years 4 MonthsCurrent
View all directors

Peer comparison

Elkaypee Spinners Private Limited is compared with the 8 companies closest to it by revenue 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Micro Interlinings Private Limited₹50.57 Cr (FY 2024)13.0%Mumbai, Maharashtra, India
Surya Tex-Prints Private Limited₹50.55 Cr (FY 2025)-5.0%Surat, Gujarat, India
Kavya Dyeing and Printing Mills Private Limited₹50.51 Cr (FY 2025)17.0%Surat, Gujarat, India
Shree Bajaj Suitings Private Limited₹50.5 Cr (FY 2025)-1.0%Bhilwara, Rajasthan, India
Elkaypee Spinners Private Limitedthis company₹50.47 Cr (FY 2025)-₹23.97 Lakh-0.5%248Tirupur, Tamil Nadu, India
H. H. Knitfab Private Limited₹50.44 Cr (FY 2024)42.0%Kolkata, West Bengal, India
Luckylark Integrated Textiles and Garment Hightech Cluster Welfare₹50.24 Cr (FY 2016)1.0%Sangli, Maharashtra, India
Parkash Handloom Private Limited₹50.24 Cr (FY 2024)14.0%New Delhi, Delhi, India
Sujata Synthetics Limited₹50.24 Cr (FY 2025)-39.0%Sachin, Gujarat, India

To see the full peer comparison of Elkaypee Spinners Private Limited, buy the company report.

Auditor

Elkaypee Spinners Private Limited is audited by P.S.KRISHNAN & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P.S.KRISHNAN & COFY 2023001532S

Shareholding

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

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

To see the full shareholding pattern of Elkaypee Spinners Private Limited, buy the company report.

Charges & borrowings

Open charges
₹21.68 Cr
Satisfied charges
₹19.33 Cr
Breakdown by lending institutions
Others₹20.26 Cr
Sidbi₹0.85 Cr
Hdfc Bank Limited₹0.38 Cr
Axis Bank Limited₹0.18 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Feb 2024100897871Hdfc Bank Limited₹38.37 LakhOpen
17 Jul 2023100759302Axis Bank Limited₹17.87 LakhOpen
15 Nov 2021100502604Others₹20.26 CrOpen
06 Dec 2019100306786Sidbi₹85 LakhOpen
18 Jun 2020100345459Sidbi₹45 LakhSatisfied

To see the full charge records of Elkaypee Spinners Private Limited, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Elkaypee Spinners Private Limited has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in September 2015.

Total deals
4
Secondary share transfers
3
Acquisition
1

Deals on record (4 of 4)

WhenDealAmountParties
Sep 2015Secondary share transferUndisclosedBuyer: an individual
Seller: 3 individuals
Jul 2012Secondary share transferUndisclosedBuyer: 3 individuals
Seller: an individual
Aug 2009AcquisitionUndisclosedBuyer: an individual
Seller: 2 individuals
Aug 2006Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals

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

MSME payment delays

No delayed payments to MSME suppliers are on our record for Elkaypee Spinners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Elkaypee Spinners has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Elkaypee Spinners Private Limited has a workforce of 248 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
248
Active EPFO establishments
1
Employee growth
-5.34%

GST

Elkaypee Spinners has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACE5286H1ZPTamil NaduActive01 Jul 2017

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

Recent activity

Elkaypee Spinners Private Limited has 11 board changes on record since 1993: 5 appointments and 6 cessations. The latest: Marappa Gounder Karuppusamy ceased to be Additional Director on 02 Aug 2014.

AGM
Elkaypee Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 18 Jun 2020 via Charge ID 100345459 with Sidbi was fully satisfied on 26 Jun 2024.
Charges
A charge registered on 26 Sep 2018 via Charge ID 100205064 with Sidbi was fully satisfied on 26 Jun 2024.
Charges
A charge registered on 27 May 2013 via Charge ID 10429273 with Small Industries Development Bank Of India was fully satisfied on 26 Jun 2024.
Charges
A charge registered on 24 Dec 2012 via Charge ID 10394774 with Small Industries Development Bank Of India was fully satisfied on 26 Jun 2024.
Charges
A charge registered on 19 May 2010 via Charge ID 10219465 with Small Industries Development Bank Of India was fully satisfied on 26 Jun 2024.
Filing
Elkaypee Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 100897871 was registered on 21 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100759302 was registered on 17 Jul 2023.
Charges
A charge with Others of Rs. 20.26 Cr registered on 15 Nov 2021 with Charge ID 100502604 was modified on 09 Dec 2022.
Charges
A charge registered on 26 Oct 1994 via Charge ID 90002671 with Punjab National Bank was fully satisfied on 30 Dec 2021.
Charges
A charge registered on 26 Jan 1994 via Charge ID 90002599 with Others was fully satisfied on 30 Dec 2021.

23 earlier events are in the company report.

Frequently asked questions

Elkaypee Spinners is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 May 1993 (33+ years old) and is registered under CIN U17111TZ1993PTC004434.

Elkaypee Spinners has 5 current directors:

The latest financial statements of Elkaypee Spinners 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 Elkaypee Spinners is 33AAACE5286H1ZP, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Elkaypee Spinners is U17111TZ1993PTC004434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Elkaypee Spinners has 19 court cases on record: 17 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.

Elkaypee Spinners was incorporated on 28 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Coimbatore.

Elkaypee Spinners has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in September 2015.

The peers of Elkaypee Spinners by revenue are Micro Interlinings Private Limited, Surya Tex-Prints Private Limited, Kavya Dyeing and Printing Mills Private Limited, Shree Bajaj Suitings Private Limited, H. H. Knitfab Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Marappa Gounder Karuppusamy ceased to be Additional Director on 02 Aug 2014. Ponnuswamy Govindaswamy Ramesh ceased to be Additional Director on 21 Aug 2009. Govindaswamy Ponnuswamygounder ceased to be Director on 22 Dec 2008. Elkaypee Spinners has 11 board changes on record in total.

Yes, Elkaypee Spinners is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-28-0005048).