Jasmine Towels Private Limited

Jasmine Towels Private Limited - manufacturing in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U18101TN1994PTC028172 Incorporated 25 July 1994 ROC Chennai HQ Madurai, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹99.68 Cr
▲ 40% YoY
Net profit · FY 2025
₹2.8 Cr
Net margin 2.8%
EBITDA · FY 2025
₹11.34 Cr
EBITDA margin 11.4%
Authorised capital
₹2.6 Cr
Registered with MCA
Paid-up capital
₹2.6 Cr
Issued & subscribed
Open charges
₹50.76 Cr
Satisfied ₹47.16 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
211
Provident fund records

About Jasmine Towels Private Limited

Data last updated:

Jasmine Towels Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 July 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U18101TN1994PTC028172. Its GSTIN is 33AAACJ4942R1Z6 (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹2.6 Cr and a paid-up capital of ₹2.6 Cr. It is led by directors including Nayan Mulji Thakker (Managing Director) and Rishub Nayan Thakker.

Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.125 Aruppukottai Road Perungudi Madurai, Tamil Nadu, India – 625022.

As per the financials filed for FY 2025, the company reported a revenue of ₹99.68 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹2.8 Cr (net margin 2.8%) and EBITDA of ₹11.34 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 6% over five years.

The company has about 211 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Jasmine Towels. As per MCA filings, the company has open charges of ₹50.76 Cr and satisfied charges of ₹47.16 Cr on record. Court records list 15 cases involving the company, including 9 filed by the company and 6 filed against it; 2 cases are pending. The company has 7 deals on record (5 secondary share transfers, 1 debt financing, 1 convertible or debt financing), with disclosed funding of ₹9 Cr; the latest was in April 2017. Its 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 4 smaller; the largest is Empitex Fabrics Private Limited with revenue of ₹100.08 Cr.

Jasmine Towels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-12-0001305). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jasminetowels.com.

Company details

CIN U18101TN1994PTC028172
Registration Number 028172
Incorporation Date 25 July 1994
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-12-0001305
Key People
Nayan Mulji Thakker Managing Director Rishub Nayan Thakker Director Ritan Nayan Thakker Director

Recognitions & Rankings of Jasmine Towels

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-12-0001305

Contact details

Jasmine Towels Private Limited's registered office is in Madurai, Tamil Nadu. Its website is jasminetowels.com. Its e-mail address is in the company report.

  • Email
  • Website
    jasminetowels.com
  • Registered Address
    No.125 Aruppukottai Road Perungudi Madurai, Tamil Nadu, India – 625022
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Jasmine Towels Private Limited, buy the company report.

Comprehensive company report
Jasmine Towels Private 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

Jasmine Towels operates one associated brand: Jasmine Towels. Each brand links to its own profile.

BrandDescriptionWebsite
Jasmine Towels
Manufactures and exports textile products like towels, linens, and safety wear for global markets.jasminetowels.com

Business activity

The main business activity of Jasmine Towels is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Jasmine Towels Private Limited, buy the company report.

Financials of Jasmine Towels Private Limited

FY 2025 filings available

Jasmine Towels Private Limited reported revenue of ₹99.68 Cr (up 40% YoY) for FY 2025.

Revenue · FY 2025
₹99.68 Cr ▲ 40%
Net profit · FY 2025
₹2.8 Cr margin 2.8%
EBITDA · FY 2025
₹11.34 Cr margin 11.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 7%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 8%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 40% growth in the latest year. EBITDA rose 49% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹11.34 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.8 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.4%
Net Profit Margin2.8%
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 Jasmine Towels Private Limited, buy the company report.

Board of directors of Jasmine Towels Private Limited

Jasmine Towels has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nayan Mulji ThakkerManaging Director25 Jul 199432 Years 3 MonthsCurrent
Rishub Nayan Thakker
Also directs: RNR Textile Mills Private Limited
Director28 Sep 200719 Years 1 MonthsCurrent
Ritan Nayan Thakker
Also directs: RNR Textile Mills Private Limited
Director30 Sep 200422 Years 1 MonthsCurrent
View all directors

Peer comparison

Jasmine Towels Private Limited is compared with the 9 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Empitex Fabrics Private Limited₹100.08 Cr (FY 2025)-3.0%Mumbai, Maharashtra, India
Srinath Spinning Mills Private Limited₹99.94 Cr (FY 2025)-25.0%Hyderabad, Telangana, India
Colossustex Private Limited₹99.93 Cr (FY 2025)8.0%Delhi, India
Sarvodaya India Limited₹99.89 Cr (FY 2025)-14.0%Bhilwara, Rajasthan, India
Trident Texofab Limited₹99.87 Cr (FY 2024)2.0%Surat, Gujarat, India
Jasmine Towels Private Limitedthis company₹99.68 Cr (FY 2025)₹2.8 Cr2.8%40.0%211Madurai, Tamil Nadu, India
Sangeeth Textiles Private Limited₹99.57 Cr (FY 2025)-6.0%Coimbatore, Tamil Nadu, India
Nandvijay Cotton Private Limited₹99.47 Cr (FY 2024)62.0%Chandrapur, Maharashtra, India
Mahaluxmi Processing House Private Limited₹99.38 Cr (FY 2025)5.0%Ludhiana, Punjab, India
Demarte Industries Limited₹99.36 Cr (FY 2025)2.0%Ludhiana, Punjab, India

To see the full peer comparison of Jasmine Towels Private Limited, buy the company report.

Auditor

Jasmine Towels Private Limited is audited by R.SUNDAR & KUMAR for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R.SUNDAR & KUMARFY 2023022834

Shareholding

The shareholding of Jasmine Towels 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Jasmine Towels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹50.76 Cr
Satisfied charges
₹47.16 Cr
Breakdown by lending institutions
State Bank of India₹38.36 Cr
The South Indian Bank Limited₹10.25 Cr
Sidbi₹2.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Jun 2024100942025Sidbi₹2.14 CrOpen
23 Sep 2022100621538State Bank of India₹38.36 CrOpen
22 Jan 2019100238337The South Indian Bank Limited₹10.25 CrOpen
12 Jun 2023100738964The South Indian Bank Limited₹15.5 LakhSatisfied
12 Jun 2023100738966The South Indian Bank Limited₹71 LakhSatisfied

To see the full charge records of Jasmine Towels Private Limited, buy the company report.

Total charge records: 16 View all charges

Deals & funding

Jasmine Towels Private Limited has 7 deals on record (5 secondary share transfers, 1 debt financing, 1 convertible or debt financing), with disclosed funding of ₹9 Cr; the latest was in April 2017.

Total deals
7
Secondary share transfers
5
Debt financing
1
Convertible or debt financing
1
Disclosed funding
₹9 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Apr 2017Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Nov 2016Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2010Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2008Secondary share transferUndisclosedBuyer: Mahmud Rawjee family Trust
Seller: an individual
Mar 2008Debt financing₹1 CrInvestors: an individual

To see the full deal history of Jasmine Towels Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Jasmine Towels Private Limited was last rated by Care on 21 Sep 2022.

Rating agencyRated onRating
Care21 Sep 2022

To see the full credit ratings and regulatory alerts of Jasmine Towels Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Jasmine Towels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Jasmine Towels Private Limited has a workforce of 211 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.

Employee count
211
Active EPFO establishments
1
Employee growth
-11.72%

GST

Jasmine Towels has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAACJ4942R1Z6Tamil NaduActive01 Jul 2017
30AAACJ4942R1ZCGoaActive16 Dec 2025

To see the full GST registrations and return filing status of Jasmine Towels Private Limited, buy the company report.

Recent activity

Jasmine Towels Private Limited has 3 board changes on record since 1994: 3 appointments. The latest: Rishub Nayan Thakker was appointed as Director on 28 Sep 2007.

Charges
A charge registered on 25 May 2022 via Charge ID 100582657 with The South Indian Bank Limited was fully satisfied on 17 Dec 2025.
Charges
A charge with The South Indian Bank Limited of Rs. 10.25 Cr registered on 22 Jan 2019 with Charge ID 100238337 was modified on 15 Dec 2025.
Charges
A charge with State Bank Of India of Rs. 38.36 Cr registered on 23 Sep 2022 with Charge ID 100621538 was modified on 12 Dec 2025.
AGM
Jasmine Towels Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Jasmine Towels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge registered on 27 Feb 2023 via Charge ID 100720042 with Hdfc Bank Limited was fully satisfied on 20 Mar 2025.
Charges
A charge registered on 12 Jun 2023 via Charge ID 100738964 with The South Indian Bank Limited was fully satisfied on 06 Jan 2025.
Charges
A charge registered on 12 Jun 2023 via Charge ID 100738966 with The South Indian Bank Limited was fully satisfied on 06 Jan 2025.
Charges
A charge with Sidbi amounted to Rs. 2.14 Cr with Charge ID 100942025 was registered on 19 Jun 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 27 Feb 2023 with Charge ID 100720042 was modified on 10 Apr 2024.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100738964 was registered on 12 Jun 2023.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.71 Cr with Charge ID 100738966 was registered on 12 Jun 2023.

29 earlier events are in the company report.

Frequently asked questions

Jasmine Towels is an active private limited company based in Madurai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 July 1994 (32+ years old) and is registered under CIN U18101TN1994PTC028172.

Jasmine Towels has 3 current directors:

The latest financial statements of Jasmine Towels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Jasmine Towels is 33AAACJ4942R1Z6, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 30AAACJ4942R1ZC (Goa).

The CIN (Corporate Identification Number) of Jasmine Towels is U18101TN1994PTC028172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Jasmine Towels has 15 court cases on record: 9 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.

Jasmine Towels was incorporated on 25 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.

Jasmine Towels has 7 deals on record (5 secondary share transfers, 1 debt financing, 1 convertible or debt financing), with disclosed funding of ₹9 Cr; the latest was in April 2017.

The peers of Jasmine Towels by revenue are Empitex Fabrics Private Limited, Srinath Spinning Mills Private Limited, Colossustex Private Limited, Sarvodaya India Limited, Trident Texofab Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Rishub Nayan Thakker was appointed as Director on 28 Sep 2007. Ritan Nayan Thakker was appointed as Director on 30 Sep 2004. Nayan Mulji Thakker was appointed as Managing Director on 25 Jul 1994.

Yes, Jasmine Towels is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-12-0001305).