About Handloom Heritage Limited
Data last updated:
Handloom Heritage Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U52321TN1991PLC020663. Its GSTIN is 33AAACH0890A2Z7 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.03 Lakh. It is led by directors including Dharmichand Singhvi (Whole-Time Director) and Dharmichand Prakash Devi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 37(0Ld No.18)Rajamannar Street T. Nagar Chennai 600017, Tamil Nadu, India – 600017.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.53 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹43.92 Lakh (net margin 28.7%) and EBITDA of ₹65.51 Lakh (EBITDA margin 42.8%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 44% over five years.
The company is associated with 1 brand: South Handlooms. As per MCA filings, the company has open charges of ₹11.02 Cr and satisfied charges of ₹24 Cr on record. Court records list 16 cases involving the company, including 16 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website southhandlooms.com.
Company details
Contact details
Handloom Heritage Limited's registered office is in Chennai, Tamil Nadu. Its website is southhandlooms.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address37(0Ld No.18)Rajamannar Street T. Nagar Chennai 600017, Tamil Nadu, India – 600017
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Handloom Heritage 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
Brands
Handloom Heritage operates one associated brand: South Handlooms. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | southhandlooms.com |
Business activity
The main business activity of Handloom Heritage is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Handloom Heritage Limited, buy the company report.
Financials of Handloom Heritage Limited
FY 2023 filings availableHandloom Heritage Limited reported revenue of ₹1.53 Cr (up 234% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 234% growth in the latest year. EBITDA rose 80% 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 |
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| EBITDA | ₹65.51 Lakh | ||||
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| Net Profit (PAT) | ₹43.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 42.8% | ||||
| Net Profit Margin | 28.7% | ||||
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To see the full financial statements and ratios of Handloom Heritage Limited, buy the company report.
Board of directors of Handloom Heritage Limited
Handloom Heritage has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmichand Singhvi | Whole-Time Director | 19 Apr 1991 | 35 Years 6 Months | Current |
| Dharmichand Prakash Devi Also directs: Singhvi Squares LLP, Pradha Enterprises LLP | Whole-Time Director | 03 May 1993 | 33 Years 6 Months | Current |
| Rishab Singhvi | Whole-Time Director | 24 Apr 2003 | 23 Years 6 Months | Current |
| Dharmichand Sunil Kumar | Whole-Time Director | 01 Jun 2002 | 24 Years 5 Months | Current |
Peer comparison
Handloom Heritage Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lakra Fabrics Private Limited | ₹1.53 Cr (FY 2018) | 99.0% | New Delhi, Delhi, India | |||
| M B Towers Private Limited | ₹1.53 Cr (FY 2025) | 108.0% | Uttar Pradesh, India | |||
| A J Industries Private Limited | ₹1.53 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Handloom Heritage Limitedthis company | ₹1.53 Cr (FY 2023) | ₹43.92 Lakh | 28.7% | 234.0% | Chennai, Tamil Nadu, India | |
| Seven Sky Exim Private Limited | ₹1.52 Cr (FY 2025) | -66.0% | Bhilwara, Rajasthan, India | |||
| Astronomical Logistics Park Private Limited | ₹1.52 Cr (FY 2023) | -92.0% | Vapi, Gujarat, India | |||
| Rishav Textiles Pvt Ltd | ₹1.52 Cr (FY 2024) | -26.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Handloom Heritage Limited, buy the company report.
Auditor
Handloom Heritage Limited is audited by D N S S & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D N S S & ASSOCIATES | FY 2020 | 007812S |
Shareholding
The shareholding of Handloom Heritage Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Handloom Heritage Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2025 | 101104585 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 21 Oct 2023 | 100847932 | Hdfc Bank Limited | ₹19.06 Lakh | Open | |
| 13 Sep 2023 | 100809803 | Hdfc Bank Limited | ₹9.73 Cr | Open | |
| 31 Mar 1999 | 90283907 | Tamilnad Mercantile Bank Ltd. | ₹27.3 Lakh | Open | |
| 15 Mar 1999 | 90282192 | Tamilnad Mercantile Bank Ltd. | ₹30 Lakh | Open |
To see the full charge records of Handloom Heritage Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Handloom Heritage Limited has 16 court cases on record: 16 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 16 | 2 |
Cases on record (2 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (TCA) | Filed against the company by Commissioner of Income Tax | Pending |
| High Court, TAMIL NADU | Court case (TCA) | Filed against the company by Commissioner of Income Tax | Disposed |
To see the full case history of Handloom Heritage 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 Handloom Heritage Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Handloom Heritage Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Handloom Heritage has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACH0890A2Z7 | Tamil Nadu | Active | 30 Aug 2017 |
To see the full GST registrations and return filing status of Handloom Heritage Limited, buy the company report.
Recent activity
Handloom Heritage Limited has 4 board changes on record since 1991: 4 appointments. The latest: Rishab Singhvi was appointed as Whole-Time Director on 24 Apr 2003.
11 earlier events are in the company report.
Frequently asked questions
Handloom Heritage is an active public limited company based in Chennai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 April 1991 (35+ years old) and is registered under CIN U52321TN1991PLC020663.
Handloom Heritage has 4 current directors:
- Dharmichand Singhvi - Whole-Time Director
- Dharmichand Prakash Devi - Whole-Time Director
- Rishab Singhvi - Whole-Time Director
- Dharmichand Sunil Kumar - Whole-Time Director
The latest financial statements of Handloom Heritage on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Handloom Heritage is 33AAACH0890A2Z7, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Handloom Heritage is U52321TN1991PLC020663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Handloom Heritage has 16 court cases on record: 16 filed against it. 2 are pending.
Handloom Heritage was incorporated on 19 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Handloom Heritage by revenue are Lakra Fabrics Private Limited, M B Towers Private Limited, A J Industries Private Limited, Seven Sky Exim Private Limited, Astronomical Logistics Park Private Limited and 1 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Rishab Singhvi was appointed as Whole-Time Director on 24 Apr 2003. Dharmichand Sunil Kumar was appointed as Whole-Time Director on 01 Jun 2002. Dharmichand Prakash Devi was appointed as Whole-Time Director on 03 May 1993. Handloom Heritage has 4 board changes on record in total.
Handloom Heritage can be reached through the website southhandlooms.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Handloom Heritage is at 370Ld No.18Rajamannar Street T. Nagar Chennai 600017, Tamil Nadu, India – 600017.
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