MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-KL-02-0000694
GTN Enterprises Limited - manufacturing in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹380.7 Cr
▲ 11% YoY
Net profit · FY 2024
₹13.29 Cr
Net margin 3.5%
EBITDA · FY 2024
₹29.51 Cr
EBITDA margin 7.8%
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹8.58 Cr
Issued & subscribed
Open charges
₹114.44 Cr
Satisfied ₹329.58 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
334
Provident fund records
About GTN Enterprises Limited
Data last updated:
GTN Enterprises Limited is a public limited company based in Ernakulam, Kerala, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 July 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67120KL1981PLC013244. Its GSTIN is 32AACCG3607J1ZX (Kerala). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.58 Cr. It was formerly known as Rajtex Holdings Limited and Rajtex Investments Private Limited. It is led by directors including Ankur Patodia (Managing Director) and Anallur Parappurath Madhu.
Its last annual general meeting (AGM) was held on 27 June 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ernakulam, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹380.7 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹13.29 Cr (net margin 3.5%) and EBITDA of ₹29.51 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 19% over five years.
The company has about 334 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹114.44 Cr and satisfied charges of ₹329.58 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company.
GTN Enterprises Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0000694). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gtntextiles.com.
Company details
CIN U67120KL1981PLC013244
Registration Number 013244
Incorporation Date 27 July 1981
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 June 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-02-0000694
Name history
GTN Enterprises has undergone 3 name changes throughout its history. The company was previously known as Rajtex Holdings Limited, Rajtex Investments Private Limited, and Packworth Udyog Limited. The current legal name is Gtn Enterprises Limited.
| Company Name | Status |
|---|---|
| GTN Enterprises Limited | Current |
| Rajtex Holdings Limited | Previous |
| Rajtex Investments Private Limited | Previous |
| Packworth Udyog Limited | Previous |
Key People
Ankur Patodia Managing Director Anallur Parappurath Madhu Director Sukumaran Nair Director Recognitions & Rankings of GTN Enterprises
Contact details
GTN Enterprises Limited's registered office is in Ernakulam, Kerala. Its website is gtntextiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address61/461 5th Floor Palal Towers, Ravipuram M G Road Cochin, Ernakulam, Kerala, India – 682016
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of GTN Enterprises Limited, buy the company report.
Comprehensive company report
GTN Enterprises 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 GTN Enterprises 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 GTN Enterprises Limited, buy the company report.
Financials of GTN Enterprises Limited
FY 2024 filings availableGTN Enterprises Limited reported revenue of ₹380.7 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹380.7 Cr ▲ 11%
Net profit · FY 2024
₹13.29 Cr margin 3.5%
EBITDA · FY 2024
₹29.51 Cr margin 7.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 36%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 48%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 11% growth in the latest year. EBITDA rose 11% 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 |
|---|---|---|---|---|---|
| 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 | ₹29.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.29 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 3.5% | ||||
| 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 GTN Enterprises Limited, buy the company report.
Board of directors of GTN Enterprises Limited
GTN Enterprises has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anallur Parappurath Madhu Also directs: Masmara Collections LLP, Cedar Integrated Food Tech Private Limited, Rhema Dairy Products India Private Limited and 4 more | Director | 18 Sep 2024 | 2 Years 1 Months | Current |
| Sukumaran Nair | Director | 22 Feb 2001 | 25 Years 8 Months | Current |
| Ankur Patodia Also directs: Purav Trading Limited | Managing Director | 22 Oct 2001 | 25 Years 0 Months | Current |
| Thareparambil Ravindran | Director | 13 Dec 2024 | 1 Years 10 Months | Current |
| Veena Vishwanath Bhandary | Director | 18 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
GTN Enterprises Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Rameswar Udyog Private Limited | ₹388.47 Cr (FY 2025) | -22.0% | Ahmedabad, Gujarat, India | |||
| Shristi Cotspinn Private Limited | ₹387.61 Cr (FY 2025) | 32.0% | Coimbatore, Tamil Nadu, India | |||
| Patodia Filaments Private Limited | ₹384.97 Cr (FY 2025) | -2.0% | Dadra and Nagar Haveli, India | |||
| Pioneer Embroideries Limited | ₹381.36 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| GTN Enterprises Limitedthis company | ₹380.7 Cr (FY 2024) | ₹13.29 Cr | 3.5% | 11.0% | 334 | Ernakulam, Kerala, India |
| Premier SPG and WVG Mills Private Limited | ₹380.56 Cr (FY 2025) | 12.0% | Coimbatore, Tamil Nadu, India | |||
| Ginni Filaments Limited. | ₹379.5 Cr (FY 2025) | 8.0% | Dadri, Uttar Pradesh, India | |||
| Blueocean Ecotech Limited | ₹379.25 Cr (FY 2025) | 89.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of GTN Enterprises Limited, buy the company report.
Shareholding
The shareholding of GTN Enterprises 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of GTN Enterprises Limited, buy the company report.
Charges & borrowings
Open charges
₹114.44 Cr
Satisfied charges
₹329.58 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2023 | 100688531 | State Bank of India | ₹30 Cr | Open | |
| 30 Oct 2020 | 100387023 | State Bank of India | ₹8.5 Cr | Open | |
| 10 Jul 2015 | 10587327 | Others | ₹75.94 Cr | Open | |
| 05 Nov 2020 | 100384505 | Others | ₹5.05 Cr | Satisfied | |
| 02 Jul 2015 | 10583430 | Others | ₹6 Cr | Satisfied |
To see the full charge records of GTN Enterprises Limited, buy the company report.
Total charge records: 27 View all charges
Legal cases
GTN Enterprises Limited has 8 court cases on record: 8 filed by GTN Enterprises. All cases are disposed.
Total cases
8
Filed by the company
8
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The State of Tamil Nadu and 2 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of GTN Enterprises Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
GTN Enterprises Limited was last rated by Care on 08 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 08 Dec 2021 |
To see the full credit ratings and regulatory alerts of GTN Enterprises Limited, buy the company report.
MSME payment delays
GTN Enterprises Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 386 overdue payments to 46 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 46)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| White & Co. | |||
| Jayachandra Bearings India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of GTN Enterprises Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
GTN Enterprises Limited has a workforce of 334 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.
Employee count
334
Active EPFO establishments
2
Employee growth
22.79%
GST
GTN Enterprises has 6 GST registrations: 4 active and 2 cancelled or inactive.
Total GSTINs
6
Active
4
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCG3607J1ZX | Kerala | Active | 01 Jul 2017 |
| 32AACCG3607J2ZW | Kerala | Active | 12 Jul 2017 |
| 27AACCG3607J1ZO | Maharashtra | Active | 01 Jul 2017 |
| 33AACCG3607J1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GTN Enterprises Limited, buy the company report.
Recent activity
GTN Enterprises Limited has 18 board changes on record since 2001: 5 appointments and 13 cessations. The latest: Thareparambil Ravindran ceased to be Additional Director on 24 Sep 2025.
Ceased
Thareparambil Ravindran ceased to be Additional Director.
Charges
A charge with Others of Rs. 75.94 Cr registered on 10 Jul 2015 with Charge ID 10587327 was modified on 26 Mar 2025.
Appointed
Thareparambil Ravindran was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 8.50 Cr registered on 30 Oct 2020 with Charge ID 100387023 was modified on 29 Nov 2024.
Ceased
Anallur Parappurath Madhu ceased to be Additional Director.
Ceased
Veena Vishwanath Bhandary ceased to be Additional Director.
Appointed
Anallur Parappurath Madhu was appointed as Director.
Ceased
Prakash Chand Seksaria ceased to be Director.
Ceased
Sukumaran Nair ceased to be Director.
Appointed
Veena Vishwanath Bhandary was appointed as Director.
Charges
A charge registered on 05 Nov 2020 via Charge ID 100384505 with Others was fully satisfied on 31 Jul 2024.
AGM
Gtn Enterprises Limited last Annual general meeting of members was held on 27 Jun 2024 as per latest MCA records.
82 earlier events are in the company report.
Frequently asked questions
GTN Enterprises is an active public limited company based in Ernakulam, Kerala, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 July 1981 (45+ years old) and is registered under CIN U67120KL1981PLC013244.
GTN Enterprises has 5 current directors:
- Ankur Patodia - Managing Director
- Anallur Parappurath Madhu - Director
- Sukumaran Nair - Director
- Thareparambil Ravindran - Director
- Veena Vishwanath Bhandary - Director
The latest financial statements of GTN Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 June 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of GTN Enterprises is 32AACCG3607J1ZX, registered in Kerala. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 32AACCG3607J2ZW (Kerala), 27AACCG3607J1ZO (Maharashtra), 33AACCG3607J1ZV (Tamil Nadu).
The CIN (Corporate Identification Number) of GTN Enterprises is U67120KL1981PLC013244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GTN Enterprises has 8 court cases on record: 8 filed by the company.
GTN Enterprises was incorporated on 27 July 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of GTN Enterprises by revenue are Rameswar Udyog Private Limited, Shristi Cotspinn Private Limited, Patodia Filaments Private Limited, Pioneer Embroideries Limited, Premier SPG and WVG Mills Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Thareparambil Ravindran ceased to be Additional Director on 24 Sep 2025. Thareparambil Ravindran was appointed as Director on 13 Dec 2024. Anallur Parappurath Madhu ceased to be Additional Director on 09 Oct 2024. GTN Enterprises has 18 board changes on record in total.
Yes, GTN Enterprises is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-02-0000694).
GTN Enterprises has 6 MSME Form 1 returns on record between 2019 and 2021, listing 386 overdue payments to 46 micro and small suppliers. The latest return was filed on 30 Oct 2021.
GTN Enterprises can be reached through the website gtntextiles.com. Its registered office is in Ernakulam, Kerala, India.