- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-07-0025733

G.V.S. Spinners Private Limited
About G.V.S. Spinners Private Limited
Data last updated:
G.V.S. Spinners Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1992PTC003669. Its GSTIN is 33AAJCS4276Q1ZN (Tamil Nadu).
The company has an authorised share capital of ₹5.2 Cr and a paid-up capital of ₹3.32 Cr. It is led by directors including Vijayakumar (Managing Director) and Ponnammal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 201 S G Valasu Veerappanchatram, Erode, Tamil Nadu, India – 638004.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.55 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.19 Cr (net margin 3.5%) and EBITDA of ₹6.91 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 22% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹8.5 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company.
G.V.S. Spinners Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-07-0025733). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of G.V.S. Spinners
Contact details
G.V.S. Spinners Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address201 S G Valasu Veerappanchatram, Erode, Tamil Nadu, India – 638004
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of G.V.S. Spinners Private Limited, buy the company report.
- 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
Business activity
The main business activity of G.V.S. Spinners 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 G.V.S. Spinners Private Limited, buy the company report.
Financials of G.V.S. Spinners Private Limited
FY 2025 filings availableG.V.S. Spinners Private Limited reported revenue of ₹90.55 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 1% growth in the latest year. EBITDA rose 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹6.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.19 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| 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 G.V.S. Spinners Private Limited, buy the company report.
Board of directors of G.V.S. Spinners Private Limited
G.V.S. Spinners has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy | Director | 05 Mar 2015 | 11 Years 7 Months | Current |
| Palaniyappa Gounder Nataraja Gounder | Director | 05 Mar 2015 | 11 Years 7 Months | Current |
| Vijayakumar Also directs: G.V.S. Green Private Limited | Managing Director | 28 Feb 2004 | 22 Years 7 Months | Current |
| Ponnammal | Whole-Time Director | 05 Mar 2015 | 11 Years 7 Months | Current |
| Saraswathi | Director | 05 Mar 2015 | 11 Years 7 Months | Current |
| Selvamani Also directs: G.V.S. Green Private Limited | Director | 18 Jan 2006 | 20 Years 9 Months | Current |
Peer comparison
G.V.S. Spinners 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Feris Spintex Private Limited | ₹90.86 Cr (FY 2025) | -1.0% | Panchasiya, Gujarat, India | |||
| Supertex Industries Limited | ₹90.83 Cr (FY 2024) | 31.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Rba Textiles Private Limited | ₹90.68 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| G.V.S. Spinners Private Limitedthis company | ₹90.55 Cr (FY 2025) | ₹3.19 Cr | 3.5% | 1.0% | 27 | Erode, Tamil Nadu, India |
| Weaverly Jute Mills Private Limited | ₹90.53 Cr (FY 2020) | -34.0% | Kolkata, West Bengal, India | |||
| G.P.Designs Private Limited | ₹90.5 Cr (FY 2025) | 36.0% | Bhilwara, Rajasthan, India | |||
| Sidwin Fabric Private Limited | ₹90.49 Cr (FY 2025) | 28.0% | Gambhoi, Gujarat, India |
To see the full peer comparison of G.V.S. Spinners Private Limited, buy the company report.
Auditor
G.V.S. Spinners Private Limited is audited by SATHISH S & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATHISH S & CO | FY 2021 | 017444S |
Shareholding
The shareholding of G.V.S. Spinners Private Limited is on record for 5 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of G.V.S. Spinners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2011 | 10271984 | Others | ₹7 Cr | Open | |
| 12 Feb 2012 | 10335252 | Corporation Bank | ₹4.5 Cr | Satisfied | |
| 21 Dec 2009 | 10191342 | Corporation Bank | ₹1.5 Cr | Satisfied | |
| 23 Jul 2007 | 10076589 | Union Bank of India | ₹1.5 Cr | Satisfied | |
| 07 Aug 2006 | 10019896 | Union Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of G.V.S. Spinners Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
G.V.S. Spinners Private Limited has 6 court cases on record: 6 filed by G.V.S. Spinners. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of G.V.S. Spinners Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for G.V.S. Spinners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
G.V.S. Spinners Private Limited has a workforce of 27 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
G.V.S. Spinners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCS4276Q1ZN | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of G.V.S. Spinners Private Limited, buy the company report.
Recent activity
G.V.S. Spinners Private Limited has 10 board changes on record since 2004: 6 appointments and 4 cessations. The latest: Ponnammal ceased to be Director on 22 Mar 2017.
12 earlier events are in the company report.
Frequently asked questions
G.V.S. Spinners is an active private limited company based in Erode, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 February 1992 (34+ years old) and is registered under CIN U17111TZ1992PTC003669.
G.V.S. Spinners has 6 current directors:
- Vijayakumar - Managing Director
- Ponnammal - Whole-Time Director
- Palanisamy - Director
- Palaniyappa Gounder Nataraja Gounder - Director
- Saraswathi - Director
- Selvamani - Director
The latest financial statements of G.V.S. Spinners on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of G.V.S. Spinners is 33AAJCS4276Q1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of G.V.S. Spinners is U17111TZ1992PTC003669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G.V.S. Spinners has 6 court cases on record: 6 filed by the company. Most are in the high courts.
G.V.S. Spinners was incorporated on 28 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of G.V.S. Spinners by revenue are Feris Spintex Private Limited, Supertex Industries Limited, Rba Textiles Private Limited, Weaverly Jute Mills Private Limited, G.P.Designs Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ponnammal ceased to be Director on 22 Mar 2017. Palanisamy ceased to be Additional Director on 01 Oct 2015. Palaniyappa Gounder Nataraja Gounder ceased to be Additional Director on 01 Oct 2015. G.V.S. Spinners has 10 board changes on record in total.
Yes, G.V.S. Spinners is registered as a small enterprise under Udyam registration (number: UDYAM-TN-07-0025733).
The registered office of G.V.S. Spinners is at 201 S G Valasu Veerappanchatram, Erode, Tamil Nadu, India – 638004.