GGR Textile Industries Private Limited

GGR Textile Industries Private Limited - manufacturing in Paramathi Velur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ2003PTC010830 Incorporated 31 October 2003 ROC Coimbatore HQ Paramathi Velur, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹6.85 Cr
▼ 67% YoY
Net loss · FY 2024
₹36.26 Lakh
Net margin -5.3%
EBITDA · FY 2024
₹66.62 Lakh
EBITDA margin 9.7%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹2.15 Cr
Issued & subscribed
Open charges
₹10.05 Cr
Satisfied ₹3.94 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
10
Provident fund records

About GGR Textile Industries Private Limited

Data last updated:

GGR Textile Industries Private Limited is a private limited company based in Paramathi Velur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 October 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2003PTC010830. Its GSTIN is 33AAHCS8377G1Z0 (Tamil Nadu).

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.15 Cr. It is led by directors Mani Mohan Prakash (Managing Director) and Saminathan Rubikha.

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 2/370 Vairampalayam, Paramathi Velur, Tamil Nadu, India – 637201.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.85 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹36.26 Lakh (net margin -5.3%) and EBITDA of ₹66.62 Lakh (EBITDA margin 9.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 14% over five years.

The company has about 10 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹10.05 Cr and satisfied charges of ₹3.94 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.

GGR Textile Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-14-0003827). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17111TZ2003PTC010830
Registration Number 010830
Incorporation Date 31 October 2003
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 Small
Udyam Registration UDYAM-TN-14-0003827

Recognitions & Rankings of GGR Textile Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-14-0003827

Contact details

GGR Textile Industries Private Limited's registered office is in Paramathi Velur, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    2/370 Vairampalayam, Paramathi Velur, Tamil Nadu, India – 637201
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of GGR Textile Industries Private Limited, buy the company report.

Comprehensive company report
GGR Textile Industries 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 GGR Textile Industries 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 GGR Textile Industries Private Limited, buy the company report.

Financials of GGR Textile Industries Private Limited

FY 2024 filings available

GGR Textile Industries Private Limited reported revenue of ₹6.85 Cr (down 67% YoY) for FY 2024.

Revenue · FY 2024
₹6.85 Cr ▼ 67%
Net loss · FY 2024
₹36.26 Lakh margin -5.3%
EBITDA · FY 2024
₹66.62 Lakh margin 9.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 67%
3 years · compounded
▼ 3%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▲ 265%
3 years · compounded
▲ 10%
5 years · compounded
▲ 1%

Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 67% fall in the latest year. EBITDA rose 265% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹66.62 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹36.26 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.7%
Net Profit Margin-5.3%
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 GGR Textile Industries Private Limited, buy the company report.

Board of directors of GGR Textile Industries Private Limited

GGR Textile Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Saminathan RubikhaDirector15 Jul 20233 Years 3 MonthsCurrent
Mani Mohan PrakashManaging Director15 Jul 20233 Years 3 MonthsCurrent

Peer comparison

GGR Textile Industries Private Limited is compared with the 4 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
Shree Soundamman Textile Mills Private Limited₹6.86 Cr (FY 2024)12.0%Coimbatore, Tamil Nadu, India
Peekay Synthetics Private Limited₹6.86 Cr (FY 2024)-56.0%Thane, Maharashtra, India
S N Murarka Overseas Pvt Ltd₹6.85 Cr (FY 2024)0.0%Howrah, West Bengal, India
GGR Textile Industries Private Limitedthis company₹6.85 Cr (FY 2024)-₹36.26 Lakh-5.3%-67.0%10Paramathi Velur, Tamil Nadu, India
Bharat Embroidaries Private Limited₹6.85 Cr (FY 2025)-1.0%New Delhi, Delhi, India

To see the full peer comparison of GGR Textile Industries Private Limited, buy the company report.

Auditor

GGR Textile Industries Private Limited is audited by ASHOK DURAISAMY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ASHOK DURAISAMYFY 2023205424

Shareholding

The shareholding of GGR Textile Industries 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 GGR Textile Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.05 Cr
Satisfied charges
₹3.94 Cr
Breakdown by lending institutions
City Union Bank Limited₹5.54 Cr
Axis Bank Limited₹4.51 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Jul 2020100366625Axis Bank Limited₹66 LakhOpen
17 May 2019100266073City Union Bank Limited₹5.54 CrOpen
18 Jul 2017100118701Axis Bank Limited₹3.85 CrOpen
05 Sep 200580022957State Bank of India₹3.79 CrSatisfied
13 Mar 200480022959State Bank of India₹15 LakhSatisfied

To see the full charge records of GGR Textile Industries Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

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

Employees & EPFO

GGR Textile Industries Private Limited has a workforce of 10 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
10
Active EPFO establishments
1
Employee growth
-41.18%

GST

GGR Textile Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAHCS8377G1Z0Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of GGR Textile Industries Private Limited, buy the company report.

Recent activity

GGR Textile Industries Private Limited has 5 board changes on record since 2023: 2 appointments and 3 cessations. The latest: Kathiresan Praveena ceased to be Director on 15 Jul 2023.

AGM
Ggr Textile Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ggr Textile Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Ceased
Kathiresan Praveena ceased to be Director.
Appointed
Mani Mohan Prakash was appointed as Managing Director.
Appointed
Saminathan Rubikha was appointed as Director.
Ceased
Srinivasan Veerabaghu ceased to be Managing Director.
Ceased
Srinivasan Shanmughavadivam ceased to be Director.
Charges
A charge with City Union Bank Limited of Rs. 5.54 Cr registered on 17 May 2019 with Charge ID 100266073 was modified on 29 Jun 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.66 Cr with Charge ID 100366625 was registered on 13 Jul 2020.
Charges
A charge with City Union Bank Limited amounted to Rs. 5.54 Cr with Charge ID 100266073 was registered on 17 May 2019.
Charges
A charge with Axis Bank Limited of Rs. 3.85 Cr registered on 18 Jul 2017 with Charge ID 100118701 was modified on 04 Jul 2018.
Charges
A charge registered on 05 Sep 2005 via Charge ID 80022957 with State Bank Of India was fully satisfied on 08 Aug 2017.

6 earlier events are in the company report.

Frequently asked questions

GGR Textile Industries is an active private limited company based in Paramathi Velur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 31 October 2003 (23+ years old) and is registered under CIN U17111TZ2003PTC010830.

GGR Textile Industries has 2 current directors:

The latest financial statements of GGR Textile Industries 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 GGR Textile Industries is 33AAHCS8377G1Z0, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of GGR Textile Industries is U17111TZ2003PTC010830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

GGR Textile Industries has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the high courts.

GGR Textile Industries was incorporated on 31 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of GGR Textile Industries by revenue are Shree Soundamman Textile Mills Private Limited, Peekay Synthetics Private Limited, S N Murarka Overseas Pvt Ltd, Bharat Embroidaries Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Kathiresan Praveena ceased to be Director on 15 Jul 2023. Mani Mohan Prakash was appointed as Managing Director on 15 Jul 2023. Saminathan Rubikha was appointed as Director on 15 Jul 2023. GGR Textile Industries has 5 board changes on record in total.

Yes, GGR Textile Industries is registered as a small enterprise under Udyam registration (number: UDYAM-TN-14-0003827).

The registered office of GGR Textile Industries is at 2370 Vairampalayam, Paramathi Velur, Tamil Nadu, India – 637201.