MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-03-0007308
Jagannath Textile Company Limited - fashion and textile in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹65.04 Cr
Latest filing
Net loss · FY 2024
₹12.37 Cr
Net margin -19%
EBITDA · FY 2024
-₹3.84 Cr
EBITDA margin -5.9%
Authorised capital
₹60 Cr
Registered with MCA
Paid-up capital
₹57.84 Cr
Issued & subscribed
Open charges
₹70 Cr
Satisfied ₹354.49 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
182
Provident fund records
About Jagannath Textile Company Limited
Data last updated:
Jagannath Textile Company Limited is a public limited company based in Coimbatore, Tamil Nadu, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 11 May 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U46900TZ1987PTC001965. Its GSTIN is 33AAACJ5552D1ZZ (Tamil Nadu). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹57.84 Cr. It was formerly known as Jagannath Textile Company Private Limited. It is led by directors including Ramesh Kumar Tibrewal (Managing Director) and Vedamuthu Sandiyagu.
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 Ramani Krishna Marvel Door No:140 – 141 2nd & 3rd Floor D.B.Road R S Puram, Coimbatore, Tamil Nadu, India – 641002.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.04 Cr. For the same year it recorded a net loss of ₹12.37 Cr (net margin -19%) and EBITDA of -₹3.84 Cr (EBITDA margin -5.9%).
The company has about 182 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jagannath Textile. As per MCA filings, the company has open charges of ₹70 Cr and satisfied charges of ₹354.49 Cr on record. Court records list 33 cases involving the company, including 27 filed by the company and 6 filed against it; 6 cases are pending. The company has 14 deals on record (6 funding rounds, 5 secondary share transfers, 3 rights issues), with disclosed funding of ₹46.01 Cr; the latest was in March 2022. Its 7 peer companies in the Apparel industry (Inner Wear, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 3 smaller; the largest is Casablanca Apparels Private Limited with revenue of ₹65.26 Cr.
Jagannath Textile Company Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0007308). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jtcl.in.
Company details
CIN U46900TZ1987PTC001965
Registration Number 001965
Incorporation Date 11 May 1987
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-03-0007308
CIN history
Jagannath Textile Company has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U46900TZ1987PTC001965, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46900TZ1987PTC001965 | Current |
| U17111TZ1987PLC001965 | Previous |
| U46900TZ1987PLC001965 | Previous |
Key People
Ramesh Kumar Tibrewal Managing Director Vedamuthu Sandiyagu Additional Director Kulandhai Raj Dhass Additional Director Recognitions & Rankings of Jagannath Textile Company
Contact details
Jagannath Textile Company Limited's registered office is in Coimbatore, Tamil Nadu.
- Registered AddressRamani Krishna Marvel Door No:140 – 141 2nd & 3rd Floor D.B.Road R S Puram, Coimbatore, Tamil Nadu, India – 641002
- IndustryFashion and Textile, Innerwear
Comprehensive company report
Jagannath Textile Company 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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Brands
Jagannath Textile Company operates one associated brand: Jagannath Textile. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Contract manufacturer of yarn for textile industry | jtcl.in |
Business activity
The main business activity of Jagannath Textile Company 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 Jagannath Textile Company Limited, buy the company report.
Financials of Jagannath Textile Company Limited
FY 2024 filings availableJagannath Textile Company Limited reported revenue of ₹65.04 Cr for FY 2024.
Revenue · FY 2024
₹65.04 Cr
Net loss · FY 2024
₹12.37 Cr margin -19%
EBITDA · FY 2024
-₹3.84 Cr margin -5.9%
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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹3.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.37 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | -5.9% | ||||
| Net Profit Margin | -19% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Jagannath Textile Company Limited, buy the company report.
Board of directors of Jagannath Textile Company Limited
Jagannath Textile Company has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Tibrewal | Managing Director | 15 Sep 1989 | 37 Years 2 Months | Current |
| Vedamuthu Sandiyagu Also directs: Descent Reality LLP, Freehold Property Developers LLP, Dreamedge Builders LLP and 5 more | Additional Director | 01 Sep 2025 | 1 Years 2 Months | Current |
| Kulandhai Raj Dhass | Additional Director | 01 Sep 2025 | 1 Years 2 Months | Current |
Peer comparison
Jagannath Textile Company Limited is compared with the 7 companies closest to it by revenue in the Apparel industry (Inner Wear, 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 |
|---|---|---|---|---|---|---|
| Casablanca Apparels Private Limited | ₹65.26 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Arumugam Spinning Mills Private Limited | ₹65.23 Cr (FY 2025) | -3.0% | Kamarajar Dt, Tamil Nadu, India | |||
| Madhav Cotton Private Limited | ₹65.2 Cr (FY 2025) | -13.0% | Sendhwa, Madhya Pradesh, India | |||
| Sugota Venture Private Limited | ₹65.14 Cr (FY 2025) | 10.0% | Khandwa, Madhya Pradesh, India | |||
| Jagannath Textile Company Limitedthis company | ₹65.04 Cr (FY 2024) | -₹12.37 Cr | -19% | Coimbatore, Tamil Nadu, India | ||
| Sri Karvembu Textiles Private Limited | ₹65 Cr (FY 2022) | 47.0% | Tamil Nadu, India | |||
| Sambodhi Synthetics Private Limited | ₹65 Cr (FY 2024) | -6.0% | Bhilwara, Rajasthan, India | |||
| Tirupur Pandit Hosiery Millss Private Limited | ₹64.87 Cr (FY 2024) | -4.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Jagannath Textile Company Limited, buy the company report.
Charges & borrowings
Open charges
₹70 Cr
Satisfied charges
₹354.49 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2024 | 101030887 | Others | ₹70 Cr | Open | |
| 31 Mar 2022 | 100561377 | State Bank of India | ₹47.36 Cr | Satisfied | |
| 02 Nov 2021 | 100496749 | State Bank of India | ₹15.15 Cr | Satisfied | |
| 04 May 2020 | 100339054 | State Bank of India | ₹4.75 Cr | Satisfied | |
| 12 Dec 2006 | 10030471 | State Bank of Hyderabad | ₹3.2 Cr | Satisfied |
To see the full charge records of Jagannath Textile Company Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Jagannath Textile Company Limited has 14 deals on record (6 funding rounds, 5 secondary share transfers, 3 rights issues), with disclosed funding of ₹46.01 Cr; the latest was in March 2022.
Total deals
14
Funding rounds
6
Secondary share transfers
5
Rights issues
3
Disclosed funding
₹46.01 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹3.38 Cr | Investors: an individual |
| Feb 2022 | Rights issue | ₹2.67 Cr | Investors: an individual |
| May 2020 | Rights issue | ₹3.87 Cr | Investors: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Gauri Shankar Tibrewal Huf Seller: an individual |
| Mar 2018 | Rights issue | ₹5.01 Cr | Investors: 4 individuals |
To see the full deal history of Jagannath Textile Company 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
Jagannath Textile Company Limited has 33 court cases on record: 27 filed by Jagannath Textile Company, 6 filed against it. 6 cases are pending and 27 are disposed.
Total cases
33
Filed by the company
27
Filed against the company
6
Pending
6
Disposed
27
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 4 | 4 |
| District courts | 12 | 2 | 2 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against Sai Regency Power Corporation Private Limited and 3 others | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed against the company by Nipha Exports Private Ltd and 1 other | Disposed |
| High Court | Company petition | Filed by the company against And Nipha Exports Private Ltd. | Disposed |
| High Court | Company petition | Filed by the company against And Nipha (India) Private Ltd. | Disposed |
| High Court | Civil suit | Filed against the company by Nipha Exports Private Limited | Disposed |
To see the full case history of Jagannath Textile Company 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
Jagannath Textile Company Limited was last rated by Crisil on 09 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 09 Nov 2020 |
To see the full credit ratings and regulatory alerts of Jagannath Textile Company Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jagannath Textile Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jagannath Textile Company has 5 GST registrations: 1 active and 4 cancelled or inactive.
Total GSTINs
5
Active
1
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACJ5552D1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jagannath Textile Company Limited, buy the company report.
Recent activity
Jagannath Textile Company Limited has 11 board changes on record since 1989: 6 appointments and 5 cessations. The latest: Kulandhai Raj Dhass was appointed as Additional Director on 01 Sep 2025.
Appointed
Kulandhai Raj Dhass was appointed as Additional Director.
Appointed
Vedamuthu Sandiyagu was appointed as Additional Director.
Charges
A charge with Others of Rs. 70.00 Cr registered on 23 Dec 2024 with Charge ID 101030887 was modified on 15 May 2025.
Ceased
Kangeyam Nagesh Sreedharan ceased to be Director.
Charges
A charge registered on 31 Mar 2022 via Charge ID 100561377 with State Bank Of India was fully satisfied on 30 Dec 2024.
Charges
A charge with Others amounted to Rs. 70.00 Cr with Charge ID 101030887 was registered on 23 Dec 2024.
AGM
Jagannath Textile Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 47.36 Cr registered on 31 Mar 2022 with Charge ID 100561377 was modified on 23 May 2024.
Charges
A charge registered on 18 Dec 2004 via Charge ID 90009300 with State Bank Of India was fully satisfied on 06 May 2024.
Filing
Jagannath Textile Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with State Bank Of India of Rs. 27.58 Cr registered on 18 Dec 2004 with Charge ID 90009300 was modified on 29 Jun 2022.
Charges
A charge registered on 02 Nov 2021 via Charge ID 100496749 with State Bank Of India was fully satisfied on 28 Apr 2022.
63 earlier events are in the company report.
Frequently asked questions
Jagannath Textile Company is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 11 May 1987 (39+ years old) and is registered under CIN U46900TZ1987PTC001965.
Jagannath Textile Company has 3 current directors:
- Ramesh Kumar Tibrewal - Managing Director
- Vedamuthu Sandiyagu - Additional Director
- Kulandhai Raj Dhass - Additional Director
The latest financial statements of Jagannath Textile Company 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 Jagannath Textile Company is 33AAACJ5552D1ZZ, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Jagannath Textile Company is U46900TZ1987PTC001965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jagannath Textile Company has 33 court cases on record: 27 filed by the company and 6 filed against it. 6 are pending. Most are in the high courts.
Jagannath Textile Company was incorporated on 11 May 1987, making it 39+ years old. It is registered with the Registrar of Companies, Coimbatore.
Jagannath Textile Company has 14 deals on record (6 funding rounds, 5 secondary share transfers, 3 rights issues), with disclosed funding of ₹46.01 Cr; the latest was in March 2022.
The peers of Jagannath Textile Company by revenue are Casablanca Apparels Private Limited, Arumugam Spinning Mills Private Limited, Madhav Cotton Private Limited, Sugota Venture Private Limited, Sri Karvembu Textiles Private Limited and 2 more, all in the Apparel industry (Inner Wear, Textiles), with the same principal business activity (textile, leather and other apparel products).
Kulandhai Raj Dhass was appointed as Additional Director on 01 Sep 2025. Vedamuthu Sandiyagu was appointed as Additional Director on 01 Sep 2025. Kangeyam Nagesh Sreedharan ceased to be Director on 18 Feb 2025. Jagannath Textile Company has 11 board changes on record in total.
Yes, Jagannath Textile Company is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-03-0007308).
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