Faish Spinning Mills Private Limited

Faish Spinning Mills Private Limited - manufacturing in Dindigul, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ2007PTC014112 Incorporated 27 December 2007 ROC Coimbatore HQ Dindigul, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2023
₹6.45 Cr
▼ 63% YoY
Net loss · FY 2023
₹59.05 Lakh
Net margin -9.1%
EBITDA · FY 2023
-₹25.47 Lakh
EBITDA margin -3.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹1.66 Cr
Satisfied ₹83 Lakh
Company age
19 yrs
Est. 2007
Employees · EPFO
43
Provident fund records

About Faish Spinning Mills Private Limited

Data last updated:

Faish Spinning Mills Private Limited is a private limited company based in Dindigul, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 December 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2007PTC014112. Its GSTIN is 33AABCF4327K1ZS (Tamil Nadu).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Shifa Mohamed Hyder and Muhamed Abdul Gani Muhamed Faizal.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 52 Mettupatty Road Begampur, Dindigul, Tamil Nadu, India – 624002.

As per the financials filed for FY 2023, the company reported a revenue of ₹6.45 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹59.05 Lakh (net margin -9.1%) and EBITDA of -₹25.47 Lakh (EBITDA margin -3.9%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 14% over five years.

The company has about 43 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.66 Cr and satisfied charges of ₹83 Lakh on record.

Faish Spinning Mills Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-06-0014742). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17111TZ2007PTC014112
Registration Number 014112
Incorporation Date 27 December 2007
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-06-0014742

Recognitions & Rankings of Faish Spinning Mills

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-06-0014742

Contact details

Faish Spinning Mills Private Limited's registered office is in Dindigul, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    52 Mettupatty Road Begampur, Dindigul, Tamil Nadu, India – 624002
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Faish Spinning Mills Private Limited, buy the company report.

Comprehensive company report
Faish Spinning Mills 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 Faish Spinning Mills 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 Faish Spinning Mills Private Limited, buy the company report.

Financials of Faish Spinning Mills Private Limited

FY 2023 filings available

Faish Spinning Mills Private Limited reported revenue of ₹6.45 Cr (down 63% YoY) for FY 2023.

Revenue · FY 2023
₹6.45 Cr ▼ 63%
Net loss · FY 2023
₹59.05 Lakh margin -9.1%
EBITDA · FY 2023
-₹25.47 Lakh margin -3.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 63%
3 years · compounded
▼ 21%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 140%
3 years · compounded
▼ 42%
5 years · compounded
▼ 19%

Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 63% fall in the latest year. EBITDA fell 140% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹6.45 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹25.47 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹59.05 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-3.9%
Net Profit Margin-9.1%
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 Faish Spinning Mills Private Limited, buy the company report.

Board of directors of Faish Spinning Mills Private Limited

Faish Spinning Mills has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Shifa Mohamed HyderDirector27 Dec 200718 Years 10 MonthsCurrent
Muhamed Abdul Gani Muhamed FaizalDirector27 Dec 200718 Years 10 MonthsCurrent

Peer comparison

Faish Spinning Mills Private Limited is compared with the 6 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
Sree Katyayini Trims Private Limited₹6.46 Cr (FY 2024)39.0%Hyderabad, Telangana, India
Aeindri Fab Private Limited₹6.45 Cr (FY 2024)92.0%Haryana, India
Faish Spinning Mills Private Limitedthis company₹6.45 Cr (FY 2023)-₹59.05 Lakh-9.1%-63.0%43Dindigul, Tamil Nadu, India
Simso Tex Sublimation Printing India Private Limited₹6.45 Cr (FY 2025)22.0%New Delhi, Delhi, India
Muktir Fashion India Private Limited₹6.44 Cr (FY 2025)79.0%New Delhi, Delhi, India
Adrs Exports Private Limited₹6.44 Cr (FY 2025)-57.0%Kolkata, West Bengal, India
Mahaameru Spinning Mills Private Limited₹6.44 Cr (FY 2024)-53.0%Coimbatore, Tamil Nadu, India

To see the full peer comparison of Faish Spinning Mills Private Limited, buy the company report.

Auditor

Faish Spinning Mills Private Limited is audited by RAJESH G for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAJESH GFY 2023204815

Shareholding

The shareholding of Faish Spinning Mills 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 Faish Spinning Mills Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.66 Cr
Satisfied charges
₹83 Lakh
Breakdown by lending institutions
Tamilnad Mercantile Bank Limited₹1.66 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Mar 2019100254786Tamilnad Mercantile Bank Limited₹46 LakhOpen
24 Jul 2018100193851Tamilnad Mercantile Bank Limited₹1.2 CrOpen
10 Apr 201210347614Tamilnad Mercantile Bank Limited₹83 LakhSatisfied

To see the full charge records of Faish Spinning Mills Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

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

Employees & EPFO

Faish Spinning Mills Private Limited has a workforce of 43 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
43
Active EPFO establishments
1
Employee growth
-35.82%

GST

Faish Spinning Mills has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AABCF4327K1ZSTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Faish Spinning Mills Private Limited, buy the company report.

Recent activity

Faish Spinning Mills Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Muhamed Abdul Gani Muhamed Faizal was appointed as Director on 27 Dec 2007.

AGM
Faish Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Faish Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 119.90 Lakh registered on 24 Jul 2018 with Charge ID 100193851 was modified on 06 Jun 2020.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 46.00 Lakh with Charge ID 100254786 was registered on 21 Mar 2019.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 119.90 Lakh with Charge ID 100193851 was registered on 24 Jul 2018.
Charges
A charge registered on 10 Apr 2012 via Charge ID 10347614 with Tamilnad Mercantile Bank Limited was fully satisfied on 23 Sep 2015.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 83.00 Lakh registered on 10 Apr 2012 with Charge ID 10347614 was modified on 26 Aug 2015.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 83.00 Lakh with Charge ID 10347614 was registered on 10 Apr 2012.
Appointed
Muhamed Abdul Gani Muhamed Faizal was appointed as Director.
Appointed
Shifa Mohamed Hyder was appointed as Director.
Incorporation
27 Dec 2007
Faish Spinning Mills Private Limited was registered on 27 Dec 2007 with Roc Coimbatore & aged 18 years 10 months as per MCA records.

Frequently asked questions

Faish Spinning Mills is an active private limited company based in Dindigul, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 December 2007 (19+ years old) and is registered under CIN U17111TZ2007PTC014112.

Faish Spinning Mills has 2 current directors:

The latest financial statements of Faish Spinning Mills on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Faish Spinning Mills is 33AABCF4327K1ZS, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Faish Spinning Mills is U17111TZ2007PTC014112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Faish Spinning Mills was incorporated on 27 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Faish Spinning Mills by revenue are Sree Katyayini Trims Private Limited, Aeindri Fab Private Limited, Simso Tex Sublimation Printing India Private Limited, Muktir Fashion India Private Limited, Adrs Exports Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Muhamed Abdul Gani Muhamed Faizal was appointed as Director on 27 Dec 2007. Shifa Mohamed Hyder was appointed as Director on 27 Dec 2007.

Yes, Faish Spinning Mills is registered as a small enterprise under Udyam registration (number: UDYAM-TN-06-0014742).

The registered office of Faish Spinning Mills is at 52 Mettupatty Road Begampur, Dindigul, Tamil Nadu, India – 624002.

Faish Spinning Mills operates in the manufacturing industry, in the textile and fabric production segment.