About Indian Stitches Private Limited
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Indian Stitches Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 27 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18101TZ2003PTC010648. Its GSTIN is 33AABCI1268C2Z3 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.65 Cr. It is led by directors Vishal Kumar and Sonal Sehgal.
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 24/64 Asher Nagar Tirupur, Coimbatore, Tamil Nadu, India – 641603.
As per the financials filed for FY 2025, the company reported a revenue of ₹152.84 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹6.88 Cr (net margin 4.5%) and EBITDA of ₹17.89 Cr (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 11% over five years.
The company has about 279 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indian Stitches. As per MCA filings, the company has open charges of ₹47.73 Cr and satisfied charges of ₹37.89 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending. The company has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹10.48 Cr; the latest was in November 2022. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 5 smaller; the largest is Salasar Polytex Private Limited with revenue of ₹153.54 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2024, listing 551 overdue payments to 85 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indianstitches.com.
Company details
Contact details
Indian Stitches Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is indianstitches.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address24/64 Asher Nagar Tirupur, Coimbatore, Tamil Nadu, India – 641603
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Indian Stitches 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
Brands
Indian Stitches operates one associated brand: Indian Stitches. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textile manufacturing processes including knitting, dyeing, printing, and finishing are conducted by Indian Stitches in India. | indianstitches.com |
Business activity
The main business activity of Indian Stitches 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 Indian Stitches Private Limited, buy the company report.
Financials of Indian Stitches Private Limited
FY 2024 filings availableIndian Stitches Private Limited reported revenue of ₹152.84 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 1% 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 |
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| EBITDA | ₹17.89 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of Indian Stitches Private Limited, buy the company report.
Board of directors of Indian Stitches Private Limited
Indian Stitches has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Kumar Also directs: Indianstitches Odisha Private Limited, Tailors Creation India Private Limited, VV Clothing India Private Limited and 3 more | Director | 27 Jun 2003 | 23 Years 3 Months | Current |
| Sonal Sehgal Also directs: Indianstitches Odisha Private Limited, Tailors Creation India Private Limited, VV Clothing India Private Limited and 3 more | Director | 21 Oct 2014 | 12 Years 0 Months | Current |
Peer comparison
Indian Stitches Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Salasar Polytex Private Limited | ₹153.54 Cr (FY 2025) | 74.0% | Surat, Gujarat, India | |||
| Juliet Apparels Private Limited | ₹153.4 Cr (FY 2024) | -1.0% | Mumbai, Maharashtra, India | |||
| Super Overseas Private Limited | ₹153.09 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Indian Stitches Private Limitedthis company | ₹152.84 Cr (FY 2025) | ₹6.88 Cr | 4.5% | -4.0% | 279 | Coimbatore, Tamil Nadu, India |
| Taj Cotton Fabrics Private Limited | ₹152.37 Cr (FY 2022) | 69.0% | Bhiwandi, Maharashtra, India | |||
| Aalayaa Mills Private Limited | ₹152.23 Cr (FY 2025) | 3.0% | Pallipalayam, Tamil Nadu, India | |||
| Kwality Polythreads Private Limited | ₹152 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Manisha Textiles Limited | ₹151.98 Cr (FY 2025) | 54.0% | Bhiwandi, Maharashtra, India | |||
| Satkar Industries Private Limited | ₹151.53 Cr (FY 2025) | -11.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Indian Stitches Private Limited, buy the company report.
Auditor
Indian Stitches Private Limited is audited by R.BALASUBRAMANIAN AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.BALASUBRAMANIAN AND ASSOCIATES | FY 2023 | 009167S |
Shareholding
The shareholding of Indian Stitches 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 Indian Stitches Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2017 | 100091983 | Hdfc Bank Limited | ₹47.73 Cr | Open | |
| 10 Feb 2010 | 10203752 | Bank of India | ₹14.39 Cr | Satisfied | |
| 20 Feb 2006 | 10000398 | Abn Amro Bank N V | ₹23.5 Cr | Satisfied |
To see the full charge records of Indian Stitches Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Indian Stitches Private Limited has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹10.48 Cr; the latest was in November 2022.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round | ₹2.65 Cr | Investors: Tailors Creation India Private Limited |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2012 | Secondary share transfer | Undisclosed | Buyer: Vishal Kumar HUF, an individual Seller: an individual |
| Feb 2011 | Secondary share transfer | Undisclosed | Buyer: Tailors Creation India Private Limited Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Tailors Creation India Private Limited , 2 individuals Seller: 3851966 Canada Inc, an individual |
To see the full deal history of Indian Stitches Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indian Stitches Private Limited has 5 court cases on record: 2 filed by Indian Stitches, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed against the company | Pending |
| High Court, TAMIL NADU | Court case (TCA) | Filed against the company by Principal Commissioner of | Disposed |
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company by an individual | 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 |
To see the full case history of Indian Stitches 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
Indian Stitches Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2024, listing 551 overdue payments to 85 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 85)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Kurundam Management Services Private Limited | |||
| Subashri Chemicals | |||
| Sri Sai Dye Chem | |||
| Corpora Consultants Private Limited |
To see the full MSME payment records of Indian Stitches Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Indian Stitches has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Indian Stitches Private Limited has a workforce of 279 employees on its EPFO records as of Apr 10, 2024, across 3 active EPFO establishments.
GST
Indian Stitches has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCI1268C2Z3 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indian Stitches Private Limited, buy the company report.
Recent activity
Indian Stitches Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Sonal Sehgal was appointed as Director on 21 Oct 2014.
3 earlier events are in the company report.
Frequently asked questions
Indian Stitches is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 27 June 2003 (23+ years old) and is registered under CIN U18101TZ2003PTC010648.
Indian Stitches has 2 current directors:
- Vishal Kumar - Director
- Sonal Sehgal - Director
The latest financial statements of Indian Stitches 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 Indian Stitches is 33AABCI1268C2Z3, 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 Indian Stitches is U18101TZ2003PTC010648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Stitches has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Indian Stitches was incorporated on 27 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Coimbatore.
Indian Stitches has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹10.48 Cr; the latest was in November 2022.
The peers of Indian Stitches by revenue are Salasar Polytex Private Limited, Juliet Apparels Private Limited, Super Overseas Private Limited, Taj Cotton Fabrics Private Limited, Aalayaa Mills Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sonal Sehgal was appointed as Director on 21 Oct 2014. Vijay Khurana ceased to be Director on 21 Oct 2014. Vijay Khurana was appointed as Director on 27 Jun 2003. Indian Stitches has 4 board changes on record in total.
Indian Stitches has 2 MSME Form 1 returns on record for the period ending Mar 2024, listing 551 overdue payments to 85 micro and small suppliers. The latest return was filed on 01 May 2024.
Indian Stitches can be reached through the website indianstitches.com. Its registered office is in Coimbatore, Tamil Nadu, India.