MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-32-0009741
GJ Innovations & Textile Network Private Limited - fashion and textile in Virudhunagar, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹58.05 Cr
▲ 12% YoY
Net profit · FY 2024
₹90.24 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹2.22 Cr
EBITDA margin 3.8%
Authorised capital
₹78 Lakh
Registered with MCA
Paid-up capital
₹78 Lakh
Issued & subscribed
Open charges
₹9.96 Cr
Satisfied ₹3.01 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
737
Provident fund records
About GJ Innovations & Textile Network Private Limited
Data last updated:
GJ Innovations & Textile Network Private Limited is a private limited company based in Virudhunagar, Tamil Nadu, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 01 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U73100TN2005PTC057371. Its GSTIN is 33AACCG6136C1Z4 (Tamil Nadu).
The company has an authorised share capital of ₹78 Lakh and a paid-up capital of ₹78 Lakh. It is led by directors including Jawahar Govindaraj and Karpagavalli Govindaraj.
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 1/407 D.P – 2 SIDCO Industrial Estate Sulakkarai, Virudhunagar, Tamil Nadu, India – 626003.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.05 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹90.24 Lakh (net margin 1.6%) and EBITDA of ₹2.22 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 9% over five years.
The company has about 737 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.96 Cr and satisfied charges of ₹3.01 Cr on record.
GJ Innovations & Textile Network Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-32-0009741). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pentagontextiles.com.
Company details
CIN U73100TN2005PTC057371
Registration Number 057371
Incorporation Date 01 September 2005
ROC Chennai
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-32-0009741
Key People
Jawahar Govindaraj Director Karpagavalli Govindaraj Director Pandurangan Govindaraj Director Recognitions & Rankings of GJ Innovations & Textile Network
Contact details
GJ Innovations & Textile Network Private Limited's registered office is in Virudhunagar, Tamil Nadu. Its website is pentagontextiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1/407 D.P – 2 SIDCO Industrial Estate Sulakkarai, Virudhunagar, Tamil Nadu, India – 626003
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of GJ Innovations & Textile Network Private Limited, buy the company report.
Comprehensive company report
GJ Innovations & Textile Network 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 GJ Innovations & Textile Network 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 GJ Innovations & Textile Network Private Limited, buy the company report.
Financials of GJ Innovations & Textile Network Private Limited
FY 2024 filings availableGJ Innovations & Textile Network Private Limited reported revenue of ₹58.05 Cr (up 12% YoY) for FY 2024.
Revenue · FY 2024
₹58.05 Cr ▲ 12%
Net profit · FY 2024
₹90.24 Lakh margin 1.6%
EBITDA · FY 2024
₹2.22 Cr margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 30%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 8%
5 years · compounded
▼ 2%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 12% growth in the latest year. EBITDA rose 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹90.24 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of GJ Innovations & Textile Network Private Limited, buy the company report.
Board of directors of GJ Innovations & Textile Network Private Limited
GJ Innovations & Textile Network 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 |
|---|---|---|---|---|
| Jawahar Govindaraj | Director | 01 Sep 2005 | 21 Years 2 Months | Current |
| Karpagavalli Govindaraj | Director | 28 Nov 2022 | 3 Years 11 Months | Current |
| Pandurangan Govindaraj Also directs: Pentagon Constructions (India) Private Limited | Director | 01 Sep 2005 | 21 Years 2 Months | Current |
Peer comparison
GJ Innovations & Textile Network Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Papcon (Indore) Pvt Ltd | ₹58.15 Cr (FY 2025) | 5.0% | Indore, Madhya Pradesh, India | |||
| Shri Maru Silk Mills Private Limited | ₹58.12 Cr (FY 2024) | 5.0% | Surat, Gujarat, India | |||
| GJ Innovations & Textile Network Private Limitedthis company | ₹58.05 Cr (FY 2024) | ₹90.24 Lakh | 1.6% | 12.0% | 737 | Virudhunagar, Tamil Nadu, India |
| VHM Industries Limited | ₹58.03 Cr (FY 2022) | 240.0% | Mumbai, Maharashtra, India | |||
| Shree Jeenmata Dyeing and Printing Mills Private Limited | ₹58.01 Cr (FY 2024) | 3.0% | Mumbai, Maharashtra, India | |||
| Shri Jagdamba Silk Mills Private Limited | ₹58.01 Cr (FY 2025) | -2.0% | Ichalkaranji, Maharashtra, India |
To see the full peer comparison of GJ Innovations & Textile Network Private Limited, buy the company report.
Auditor
GJ Innovations & Textile Network Private Limited is audited by K'S.Anantharajan for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K'S.Anantharajan | FY 2023 | 18756 |
Shareholding
The shareholding of GJ Innovations & Textile Network 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of GJ Innovations & Textile Network Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.96 Cr
Satisfied charges
₹3.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2017 | 100123338 | Others | ₹21.46 Lakh | Open | |
| 21 Nov 2016 | 100073939 | City Union Bank Limited | ₹9.75 Cr | Open | |
| 06 Nov 2017 | 100131948 | Sidbi | ₹90 Lakh | Satisfied | |
| 13 Feb 2013 | 10439836 | Indian Bank | ₹1.25 Cr | Satisfied | |
| 08 Jul 2010 | 10349564 | Indian Bank | ₹86 Lakh | Satisfied |
To see the full charge records of GJ Innovations & Textile Network Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving GJ Innovations & Textile Network 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 GJ Innovations & Textile Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GJ Innovations & Textile Network Private Limited has a workforce of 737 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
737
Active EPFO establishments
1
Employee growth
17.92%
GST
GJ Innovations & Textile Network has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCG6136C1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GJ Innovations & Textile Network Private Limited, buy the company report.
Recent activity
GJ Innovations & Textile Network Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Karpagavalli Govindaraj was appointed as Director on 28 Nov 2022.
AGM
Gj Innovations & Textile Network Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gj Innovations & Textile Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with City Union Bank Limited of Rs. 975.00 Lakh registered on 21 Nov 2016 with Charge ID 100073939 was modified on 12 Mar 2024.
Charges
A charge registered on 06 Nov 2017 via Charge ID 100131948 with Sidbi was fully satisfied on 12 Dec 2022.
Appointed
Karpagavalli Govindaraj was appointed as Director.
Charges
A charge with Sidbi amounted to Rs. 90.00 Lakh with Charge ID 100131948 was registered on 06 Nov 2017.
Charges
A charge with Others amounted to Rs. 21.46 Lakh with Charge ID 100123338 was registered on 12 Jul 2017.
Charges
A charge registered on 13 Feb 2013 via Charge ID 10439836 with Indian Bank was fully satisfied on 10 Jan 2017.
Charges
A charge registered on 08 Jul 2010 via Charge ID 10349564 with Indian Bank was fully satisfied on 10 Jan 2017.
Charges
A charge with City Union Bank Limited amounted to Rs. 975.00 Lakh with Charge ID 100073939 was registered on 21 Nov 2016.
Charges
A charge with Indian Bank of Rs. 125.00 Lakh registered on 13 Feb 2013 with Charge ID 10439836 was modified on 18 Feb 2015.
Ceased
Karpagavalli Govindaraj ceased to be Additional Director.
5 earlier events are in the company report.
Frequently asked questions
GJ Innovations & Textile Network is an active private limited company based in Virudhunagar, Tamil Nadu, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 01 September 2005 (21+ years old) and is registered under CIN U73100TN2005PTC057371.
GJ Innovations & Textile Network has 3 current directors:
- Jawahar Govindaraj - Director
- Karpagavalli Govindaraj - Director
- Pandurangan Govindaraj - Director
The latest financial statements of GJ Innovations & Textile Network 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 GJ Innovations & Textile Network is 33AACCG6136C1Z4, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of GJ Innovations & Textile Network is U73100TN2005PTC057371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GJ Innovations & Textile Network was incorporated on 01 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of GJ Innovations & Textile Network by revenue are Papcon (Indore) Pvt Ltd, Shri Maru Silk Mills Private Limited, VHM Industries Limited, Shree Jeenmata Dyeing and Printing Mills Private Limited, Shri Jagdamba Silk Mills Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Karpagavalli Govindaraj was appointed as Director on 28 Nov 2022. Karpagavalli Govindaraj ceased to be Additional Director on 25 Mar 2014. Jawahar Govindaraj was appointed as Director on 01 Sep 2005. GJ Innovations & Textile Network has 4 board changes on record in total.
Yes, GJ Innovations & Textile Network is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-32-0009741).
GJ Innovations & Textile Network can be reached through the website pentagontextiles.com. Its registered office is in Virudhunagar, Tamil Nadu, India.
The registered office of GJ Innovations & Textile Network is at 1407 D.P – 2 SIDCO Industrial Estate Sulakkarai, Virudhunagar, Tamil Nadu, India – 626003.
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