About Jaya Varma Textiles Private Limited
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Jaya Varma Textiles Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1997PTC007968. Its GSTIN is 33AAACJ7660G1ZO (Tamil Nadu).
The company has an authorised share capital of ₹22.9 Cr and a paid-up capital of ₹8.7 Cr. It is led by directors including Palanisamy Sabarinath (Managing Director) and Palanisamy (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sf No 105 237/1 239/1 239/2 Csakthi Nagar North Pooluvapatty Post, Tirupur, Tamil Nadu, India – 641603.
As per the financials filed for FY 2026, the company reported a revenue of ₹339 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹2.35 Cr (net margin 0.7%) and EBITDA of ₹15.8 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company has about 394 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹113.53 Cr and satisfied charges of ₹192.36 Cr on record. Court records list 77 cases involving the company, including 37 filed by the company and 40 filed against it; 7 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in September 2020. Its 3 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles) are compared by revenue, 1 larger and 2 smaller; the largest is Acsen Tex Private Limited with revenue of ₹335.21 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jvgroup.in.
Company details
Contact details
Jaya Varma Textiles Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is jvgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSf No 105 237/1 239/1 239/2 Csakthi Nagar North Pooluvapatty Post, Tirupur, Tamil Nadu, India – 641603
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Jaya Varma Textiles 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 Jaya Varma Textiles is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Jaya Varma Textiles Private Limited, buy the company report.
Financials of Jaya Varma Textiles Private Limited
FY 2026 filings availableJaya Varma Textiles Private Limited reported revenue of ₹339 Cr (up 2% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 2% growth in the latest year. EBITDA rose 43% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹339 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.35 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Jaya Varma Textiles Private Limited, buy the company report.
Board of directors of Jaya Varma Textiles Private Limited
Jaya Varma Textiles has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy Sabarinath | Managing Director | 23 Jan 2015 | 11 Years 9 Months | Current |
| Palanisamy Also directs: J V Yarn Mills India Private Limited, Manchester Textile Private Limited, J V Tapes Private Limited and 1 more | Managing Director | 05 Jul 2021 | 5 Years 4 Months | Current |
| Kiruthika Venkatachalam Also directs: J V Flexi Tapes Private Limited, V P Green Energy Private Limited | Whole-Time Director | 19 Mar 2018 | 8 Years 7 Months | Current |
| Palanisamy Vasanthi | Whole-Time Director | 01 Apr 2022 | 4 Years 7 Months | Current |
Peer comparison
Jaya Varma Textiles Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaya Varma Textiles Private Limitedthis company | ₹339 Cr (FY 2026) | ₹2.35 Cr | 0.7% | 2.0% | Tirupur, Tamil Nadu, India | |
| Acsen Tex Private Limited | ₹335.21 Cr (FY 2025) | 37.0% | Coimbatore, Tamil Nadu, India | |||
| Komal Texfab Pvt Ltd | ₹332.62 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Bhumi Tex Industries Private Limited | ₹330.27 Cr (FY 2025) | -12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Jaya Varma Textiles Private Limited, buy the company report.
Auditor
Jaya Varma Textiles Private Limited is audited by S. VIJAYAKUMAR & ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. VIJAYAKUMAR & ASSOCIATES | FY 2026 | 027615S |
Shareholding
The shareholding of Jaya Varma Textiles Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jaya Varma Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2025 | 101106882 | The South Indian Bank Limited | ₹6.78 Cr | Open | |
| 20 Apr 2023 | 100717210 | The South Indian Bank Limited | ₹20 Lakh | Open | |
| 28 Nov 2022 | 100652176 | The South Indian Bank Limited | ₹15.4 Cr | Open | |
| 07 Jan 1998 | 90008541 | Indian Overseas Bank | ₹91.15 Cr | Open | |
| 15 May 2025 | 101095081 | The South Indian Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Jaya Varma Textiles Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Jaya Varma Textiles Private Limited has 5 deals on record (5 secondary share transfers); the latest was in September 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jaya Varma Textiles Private Limited has 77 court cases on record: 37 filed by Jaya Varma Textiles, 40 filed against it. 7 cases are pending and 70 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 61 | 26 | 5 |
| District courts | 16 | 14 | 2 |
Cases on record (5 of 77)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against Tamil Nadu Power Distribution Corporation Ltd.,, and 1 other | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Tamil Nadu Power Distribution Corporation Ltd.,, and 1 other | Disposed |
| Madras High Court | Court case (CRL MP) | Filed against the company by an individual | Pending |
| District court, Tiruppur, Tamil Nadu | Appeal | Filed against the company by F N Durai Prop Cliff India Corporation | Pending |
| Madras High Court | Court case (CRL RC) | Filed against the company by an individual | Pending |
To see the full case history of Jaya Varma Textiles 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.
Credit ratings & regulatory alerts
Jaya Varma Textiles Private Limited was last rated by Crisil on 16 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Dec 2019 |
To see the full credit ratings and regulatory alerts of Jaya Varma Textiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jaya Varma Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jaya Varma Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACJ7660G1ZO | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jaya Varma Textiles Private Limited, buy the company report.
Recent activity
Jaya Varma Textiles Private Limited has 10 board changes on record since 2008: 4 appointments and 6 cessations. The latest: Palanisamy Vasanthi was appointed as Whole-Time Director on 01 Apr 2022.
39 earlier events are in the company report.
Frequently asked questions
Jaya Varma Textiles is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 June 1997 (29+ years old) and is registered under CIN U17111TZ1997PTC007968.
Jaya Varma Textiles has 4 current directors:
- Palanisamy Sabarinath - Managing Director
- Palanisamy - Managing Director
- Kiruthika Venkatachalam - Whole-Time Director
- Palanisamy Vasanthi - Whole-Time Director
The latest financial statements of Jaya Varma Textiles on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Jaya Varma Textiles is 33AAACJ7660G1ZO, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Jaya Varma Textiles is U17111TZ1997PTC007968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jaya Varma Textiles has 77 court cases on record: 37 filed by the company and 40 filed against it. 7 are pending. Most are in the high courts.
Jaya Varma Textiles was incorporated on 11 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Coimbatore.
Jaya Varma Textiles has 5 deals on record (5 secondary share transfers); the latest was in September 2020.
The peers of Jaya Varma Textiles by revenue are Acsen Tex Private Limited, Komal Texfab Pvt Ltd, Bhumi Tex Industries Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles).
Palanisamy Vasanthi was appointed as Whole-Time Director on 01 Apr 2022. Palanisamy was appointed as Managing Director on 05 Jul 2021. Kiruthika Venkatachalam ceased to be Additional Director on 24 Sep 2018. Jaya Varma Textiles has 10 board changes on record in total.
Jaya Varma Textiles can be reached through the website jvgroup.in. Its registered office is in Tirupur, Tamil Nadu, India.
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