Jothikannan Textiles Private Limited
About Jothikannan Textiles Private Limited
Data last updated:
Jothikannan Textiles Private Limited was a private limited company based in Coimbatore, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile segment of the apparel and fashion sector. It was incorporated on 07 August 2003.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2003PTC010714. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.89 Cr. It was led by directors including Madalaimuthu Jayakumar Christable Shyamali and Arokiasamy Mudaliar Francis David.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Sf No 97 3 Gomangalamof Anthiyur Village Udumalpet Taluk, Coimbatore, Tamil Nadu, India.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.15 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹20.86 Lakh (net margin -6.6%) and EBITDA of -₹18.31 Lakh (EBITDA margin -5.8%).
As per MCA filings, the company had satisfied charges of ₹4.49 Cr on record.
Company details
Contact details
Jothikannan Textiles Private Limited's registered office is in Coimbatore, Tamil Nadu.
- Registered AddressSf No 97 3 Gomangalamof Anthiyur Village Udumalpet Taluk, Coimbatore, Tamil Nadu, India
- IndustryAppreal & Fashion, Textile, Apparel, Leather
- 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 Jothikannan Textiles 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 Jothikannan Textiles Private Limited, buy the company report.
Financials of Jothikannan Textiles Private Limited
FY 2017 filings availableJothikannan Textiles Private Limited reported revenue of ₹3.15 Cr (up 29% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 29% in the latest year. EBITDA fell 578% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹18.31 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹20.86 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -5.8% | ||
| Net Profit Margin | -6.6% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Jothikannan Textiles Private Limited, buy the company report.
Board of directors of Jothikannan Textiles Private Limited
Jothikannan Textiles has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madalaimuthu Jayakumar Christable Shyamali Also directs: M T A Mills Private Limited, M.T.A. Solar Energy Private Limited | Additional Director | 31 Aug 2017 | 9 Years 1 Months | As last reported |
| Arokiasamy Mudaliar Francis David | Additional Director | 14 Jul 2017 | 9 Years 3 Months | As last reported |
| Anthoniammal Also directs: M T A Mills Private Limited | Additional Director | 31 Aug 2017 | 9 Years 1 Months | As last reported |
| Francis David Madalai Muthu Jayakumar Also directs: M T A Mills Private Limited, M.T.A. Solar Energy Private Limited | Additional Director | 14 Jul 2017 | 9 Years 3 Months | As last reported |
Peer comparison
Jothikannan Textiles Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Barreja Design (OPC) Private Limited | ₹3.15 Cr (FY 2023) | 86.0% | New Delhi, Delhi, India | |||
| Tamilnadu Handloom Development Corporation Limited | ₹3.15 Cr (FY 2023) | 65.0% | Chennai, Tamil Nadu, India | |||
| Jothikannan Textiles Private Limitedthis company | ₹3.15 Cr (FY 2017) | -₹20.86 Lakh | -6.6% | 29.0% | Coimbatore, Tamil Nadu, India | |
| Balaji Textile Mills Private Limited | ₹3.15 Cr (FY 2024) | -6.0% | Mumbai, Maharashtra, India | |||
| Chinar Multifab India Private Limited. | ₹3.14 Cr (FY 2024) | -18.0% | Delhi, India |
To see the full peer comparison of Jothikannan Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2006 | 10012430 | Indian Overseas Bank | ₹2 Cr | Satisfied | |
| 08 Dec 2004 | 90004520 | Indian Overseas Bank | ₹2.49 Cr | Satisfied |
To see the full charge records of Jothikannan Textiles Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Jothikannan Textiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jothikannan Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jothikannan Textiles has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Jothikannan Textiles Private Limited, buy the company report.
Recent activity
Jothikannan Textiles Private Limited has 12 board changes on record since 2016: 4 appointments and 8 cessations. The latest: Shanish Shanmughan ceased to be Additional Director on 08 Dec 2017.
9 earlier events are in the company report.
Frequently asked questions
Jothikannan Textiles has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Jothikannan Textiles was a private limited company based in Coimbatore, Tamil Nadu, India. The company worked in textile, within the apparel and fashion industry. It was incorporated on 07 August 2003 and is registered under CIN U17111TZ2003PTC010714. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Jothikannan Textiles was incorporated on 07 August 2003. It is registered with the Registrar of Companies, Coimbatore.
Jothikannan Textiles had 4 directors:
- Madalaimuthu Jayakumar Christable Shyamali - Additional Director
- Arokiasamy Mudaliar Francis David - Additional Director
- Anthoniammal - Additional Director
- Francis David Madalai Muthu Jayakumar - Additional Director
The CIN (Corporate Identification Number) of Jothikannan Textiles is U17111TZ2003PTC010714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Jothikannan Textiles is at Sf No 97 3 Gomangalamof Anthiyur Village Udumalpet Taluk, Coimbatore, Tamil Nadu, India.
The latest financial statements of Jothikannan Textiles on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Jothikannan Textiles has 1 GST registration on record and it is cancelled or inactive.
Jothikannan Textiles operated in the apparel and fashion industry, in the textile segment.
The peers of Jothikannan Textiles by revenue are Barreja Design (OPC) Private Limited, Tamilnadu Handloom Development Corporation Limited, Balaji Textile Mills Private Limited, Chinar Multifab India Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Shanish Shanmughan ceased to be Additional Director on 08 Dec 2017. Viswambharan Kunnel Govindan ceased to be Additional Director on 08 Dec 2017. Anthoniammal was appointed as Additional Director on 31 Aug 2017. Jothikannan Textiles has 12 board changes on record in total.