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About JVS Spinners (India) Limited
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JVS Spinners (India) Limited is a public 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 02 May 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29194TN1986PLC097641. Its GSTIN is 33AABCL0463C1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Britto Mariajoseph and Charles Jenma Kumar Maria Joseph.
Its last annual general meeting (AGM) was held on 19 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Madurai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.05 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹39.61 Lakh (net margin -263.2%) and EBITDA of ₹12.59 Lakh (EBITDA margin 83.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
As per MCA filings, the company has satisfied charges of ₹23.6 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jvsexport.in.
Company details
CIN history
JVS Spinners (India) has one previous CIN (Corporate Identification Number): U29194TZ1986PLC008786. The current CIN is U29194TN1986PLC097641, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29194TN1986PLC097641 | Current |
| U29194TZ1986PLC008786 | Previous |
Contact details
JVS Spinners (India) Limited's registered office is in Madurai, Tamil Nadu. Its website is jvsexport.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD.No.9/205 Natham Main Road, Manthikulam, Madurai, Tamil Nadu, India – 625014
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of JVS Spinners (India) 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 activities of JVS Spinners (India) are manufacturing and real estate. In detail, this covers textile, leather and other apparel products and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of JVS Spinners (India) Limited, buy the company report.
Financials of JVS Spinners (India) Limited
FY 2024 filings availableJVS Spinners (India) Limited reported revenue of ₹15.05 Lakh (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 19% growth in the latest year. EBITDA rose 22% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹39.61 Lakh | ||||
| 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 | 83.7% | ||||
| Net Profit Margin | -263.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 JVS Spinners (India) Limited, buy the company report.
Board of directors of JVS Spinners (India) Limited
JVS Spinners (India) has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Britto Mariajoseph | Director | 15 Dec 2006 | 19 Years 10 Months | Current |
| Charles Jenma Kumar Maria Joseph Also directs: Rd Green Energy Private Limited, Dear Windfarm Private Limited | Director | 15 Dec 2006 | 19 Years 10 Months | Current |
| Rakshan Charles Joseph | Director | 05 Mar 2020 | 6 Years 8 Months | Current |
Peer comparison
JVS Spinners (India) Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Kausar Textile Private Limited | ₹15.08 Lakh (FY 2025) | 81.0% | Mumbai, Maharashtra, India | |||
| Vasanti Textiles Private Limited | ₹15.08 Lakh (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| JVS Spinners (India) Limitedthis company | ₹15.05 Lakh (FY 2024) | -₹39.61 Lakh | -263.2% | 19.0% | Madurai, Tamil Nadu, India | |
| Sheetalkalaa Textiles Private Limited | ₹15.02 Lakh (FY 2018) | -80.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of JVS Spinners (India) Limited, buy the company report.
Auditor
JVS Spinners (India) Limited is audited by S.RAMAMOORTHY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.RAMAMOORTHY | FY 2023 | 024552 |
Shareholding
The shareholding of JVS Spinners (India) 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 JVS Spinners (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2006 | 10010089 | Uti Bank Limited | ₹2 Cr | Satisfied | |
| 05 Mar 2005 | 90001816 | Indusind Bank Ltd | ₹21 Cr | Satisfied | |
| 23 Sep 1999 | 90000988 | The Lakshmi Vilas Bank Ltd. | ₹25 Lakh | Satisfied | |
| 01 Oct 1994 | 90000447 | The Karur Vysya Bank Ltd. | ₹25 Lakh | Satisfied | |
| 30 Jul 1994 | 90000434 | The Karur Vysya Bank Ltd. | ₹10 Lakh | Satisfied |
To see the full charge records of JVS Spinners (India) Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
JVS Spinners (India) Limited has 1 court case on record: 1 filed by JVS Spinners (India). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of JVS Spinners (India) 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
No delayed payments to MSME suppliers are on our record for JVS Spinners (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
JVS Spinners (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCL0463C1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of JVS Spinners (India) Limited, buy the company report.
Recent activity
JVS Spinners (India) Limited has 10 board changes on record since 2006: 3 appointments and 7 cessations. The latest: Andrew Rajendranath Maria Louis ceased to be Director on 05 Mar 2020.
12 earlier events are in the company report.
Frequently asked questions
JVS Spinners (India) is an active public limited company based in Madurai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 May 1986 (40+ years old) and is registered under CIN U29194TN1986PLC097641.
JVS Spinners (India) has 3 current directors:
- Britto Mariajoseph - Director
- Charles Jenma Kumar Maria Joseph - Director
- Rakshan Charles Joseph - Director
The latest financial statements of JVS Spinners (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 19 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of JVS Spinners (India) is 33AABCL0463C1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of JVS Spinners (India) is U29194TN1986PLC097641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JVS Spinners (India) has 1 court case on record: 1 filed by the company.
JVS Spinners (India) was incorporated on 02 May 1986, making it 40+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of JVS Spinners (India) by revenue are Kausar Textile Private Limited, Vasanti Textiles Private Limited, Sheetalkalaa Textiles Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Andrew Rajendranath Maria Louis ceased to be Director on 05 Mar 2020. Rakshan Charles Joseph was appointed as Director on 05 Mar 2020. Coimbatore Anthony Muthu Mudaliar Maria Joseph ceased to be Director on 09 Dec 2012. JVS Spinners (India) has 10 board changes on record in total.
JVS Spinners (India) can be reached through the website jvsexport.in. Its registered office is in Madurai, Tamil Nadu, India.
The registered office of JVS Spinners (India) is at D.No.9205 Natham Main Road, Manthikulam, Madurai, Tamil Nadu, India – 625014.
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