MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-03-0018694
GCS Textiles India Private Limited - manufacturing in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹18.73 Lakh
▲ 108% YoY
Net loss · FY 2023
₹19.46 Lakh
Net margin -103.9%
EBITDA · FY 2023
₹14.62 Lakh
EBITDA margin 78%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹2.5 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
8
Provident fund records
About GCS Textiles India Private Limited
Data last updated:
GCS Textiles India Private Limited is a private 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 11 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2015PTC021369. Its GSTIN is 33AAFCG9677F1ZB (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Govindaswamy Chitra Sivaraj (Managing Director) and Prema Govindaswamy.
Its last annual general meeting (AGM) was held on 05 February 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 21 Psg Estate Colony Coimbatore South Peelamedu, Tamil Nadu, India – 641004.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.73 Lakh, a growth of 108% compared to the previous year. For the same year it recorded a net loss of ₹19.46 Lakh (net margin -103.9%) and EBITDA of ₹14.62 Lakh (EBITDA margin 78%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 54% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.5 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.99 Cr; the latest was in March 2019. Its 3 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 smaller; the largest is Vivegam Spinnerss India Private Limited with revenue of ₹18.72 Lakh.
GCS Textiles India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0018694). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gcstextiles.com.
Company details
CIN U17111TZ2015PTC021369
Registration Number 021369
Incorporation Date 11 May 2015
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 February 2024
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-03-0018694
Key People
Govindaswamy Chitra Sivaraj Managing Director Prema Govindaswamy Director Chitra Varadarajan Director Recognitions & Rankings of GCS Textiles India
Contact details
GCS Textiles India Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is gcstextiles.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address21 Psg Estate Colony Coimbatore South Peelamedu, Tamil Nadu, India – 641004
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of GCS Textiles India Private Limited, buy the company report.
Comprehensive company report
GCS Textiles India 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 GCS Textiles India is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of GCS Textiles India Private Limited, buy the company report.
Financials of GCS Textiles India Private Limited
FY 2023 filings availableGCS Textiles India Private Limited reported revenue of ₹18.73 Lakh (up 108% YoY) for FY 2023.
Revenue · FY 2023
₹18.73 Lakh ▲ 108%
Net loss · FY 2023
₹19.46 Lakh margin -103.9%
EBITDA · FY 2023
₹14.62 Lakh margin 78%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 108%
3 years · compounded
▼ 60%
5 years · compounded
▼ 54%
EBITDA CAGR growth
1 year
▲ 214%
3 years · compounded
▲ 27%
5 years · compounded
▲ 18%
Revenue rose 108% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 54%. EBITDA rose 214% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹14.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.46 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78% | ||||
| Net Profit Margin | -103.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 GCS Textiles India Private Limited, buy the company report.
Board of directors of GCS Textiles India Private Limited
GCS Textiles India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prema Govindaswamy | Director | 11 May 2015 | 11 Years 5 Months | Current |
| Chitra Varadarajan | Director | 11 May 2015 | 11 Years 5 Months | Current |
| Govindaswamy Chitra Sivaraj | Managing Director | 11 May 2015 | 11 Years 5 Months | Current |
Peer comparison
GCS Textiles India Private Limited is compared with the 3 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GCS Textiles India Private Limitedthis company | ₹18.73 Lakh (FY 2023) | -₹19.46 Lakh | -103.9% | 108.0% | 8 | Coimbatore, Tamil Nadu, India |
| Vivegam Spinnerss India Private Limited | ₹18.72 Lakh (FY 2024) | 9.0% | Coimbatore, Tamil Nadu, India | |||
| Abc Landcon Private Limited | ₹18.72 Lakh (FY 2025) | 6.0% | Jaipur, Rajasthan, India | |||
| Rudraksh International Private Limited | ₹18.71 Lakh (FY 2018) | -94.0% | Delhi, India |
To see the full peer comparison of GCS Textiles India Private Limited, buy the company report.
Auditor
GCS Textiles India Private Limited is audited by M CHINNASWAMY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M CHINNASWAMY & CO | FY 2021 | 018008S |
Shareholding
The shareholding of GCS Textiles India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of GCS Textiles India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2015 | 10605779 | Axis Bank Limited | ₹2.5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
GCS Textiles India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.99 Cr; the latest was in March 2019.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹1.99 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2015 | Funding round | ₹1.99 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving GCS Textiles India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GCS Textiles India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GCS Textiles India Private Limited has a workforce of 8 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-27.27%
GST
GCS Textiles India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCG9677F1ZB | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GCS Textiles India Private Limited, buy the company report.
Recent activity
GCS Textiles India Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Manoj ceased to be Additional Director on 27 Sep 2019.
AGM
Gcs Textiles India Private Limited last Annual general meeting of members was held on 05 Feb 2024 as per latest MCA records.
Filing
Gcs Textiles India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Ceased
Manoj ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.50 Cr with Charge ID 10605779 was registered on 04 Dec 2015.
Appointed
Chitra Varadarajan was appointed as Director.
Appointed
Govindaswamy Chitra Sivaraj was appointed as Managing Director.
Appointed
Prema Govindaswamy was appointed as Director.
Incorporation
11 May 2015
Gcs Textiles India Private Limited was registered on 11 May 2015 with Roc Coimbatore & aged 11 years 5 months as per MCA records.
Frequently asked questions
GCS Textiles India is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 May 2015 (11+ years old) and is registered under CIN U17111TZ2015PTC021369.
GCS Textiles India has 3 current directors:
- Govindaswamy Chitra Sivaraj - Managing Director
- Prema Govindaswamy - Director
- Chitra Varadarajan - Director
The latest financial statements of GCS Textiles India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 05 February 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of GCS Textiles India is 33AAFCG9677F1ZB, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of GCS Textiles India is U17111TZ2015PTC021369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GCS Textiles India was incorporated on 11 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.
GCS Textiles India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.99 Cr; the latest was in March 2019.
The peers of GCS Textiles India by revenue are Vivegam Spinnerss India Private Limited, Abc Landcon Private Limited, Rudraksh International Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Manoj ceased to be Additional Director on 27 Sep 2019. Chitra Varadarajan was appointed as Director on 11 May 2015. Govindaswamy Chitra Sivaraj was appointed as Managing Director on 11 May 2015. GCS Textiles India has 4 board changes on record in total.
Yes, GCS Textiles India is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0018694).
GCS Textiles India can be reached through the website gcstextiles.com. Its registered office is in Coimbatore, Tamil Nadu, India.
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