Kac Yarn Private Limited
About Kac Yarn Private Limited
Data last updated:
Kac Yarn Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 September 2006.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2006PTC013108. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Chinniagounder Parthasarathy (Managing Director) and Parthasarathy Bagyalakshmi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 12/91 Krishna Puram Somanur, Coimbatore, Tamil Nadu, India – 641668.
As per the financials filed for FY 2016, the company reported a revenue of ₹13.39 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹5.3 Cr (net margin -39.6%) and EBITDA of -₹3.36 Cr (EBITDA margin -25.1%).
The company has about 67 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.43 Cr on record. Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it.
Company details
Contact details
Kac Yarn Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12/91 Krishna Puram Somanur, Coimbatore, Tamil Nadu, India – 641668
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kac Yarn 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 Kac Yarn 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 Kac Yarn Private Limited, buy the company report.
Financials of Kac Yarn Private Limited
FY 2016 filings availableKac Yarn Private Limited reported revenue of ₹13.39 Cr (down 46% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year. EBITDA fell 248% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹13.39 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹3.36 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5.3 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -25.1% | |
| Net Profit Margin | -39.6% | |
| 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 Kac Yarn Private Limited, buy the company report.
Board of directors of Kac Yarn Private Limited
Kac Yarn has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinniagounder Parthasarathy | Managing Director | 27 Sep 2006 | 20 Years 0 Months | As last reported |
| Parthasarathy Bagyalakshmi Also directs: Sri Garudadri Spinning Mills Private Limited | Director | 23 Jan 2013 | 13 Years 9 Months | As last reported |
Peer comparison
Kac Yarn Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Sarbi Apparel Private Limited | ₹13.43 Cr (FY 2024) | -47.0% | Delhi, India | |||
| Sri Binny Industries Private Limited | ₹13.42 Cr (FY 2025) | 41.0% | Ludhiana, Punjab, India | |||
| Tapi Processers Private Limited | ₹13.41 Cr (FY 2025) | -36.0% | Surat, Gujarat, India | |||
| Sudarshanfamily Mall Private Limited | ₹13.41 Cr (FY 2024) | 10311.0% | Bangalore, Karnataka, India | |||
| Harinila Textiles (OPC) Private Limited | ₹13.4 Cr (FY 2025) | -5.0% | Chennai, Tamil Nadu, India | |||
| Kac Yarn Private Limitedthis company | ₹13.39 Cr (FY 2016) | -₹5.3 Cr | -39.6% | -46.0% | 67 | Coimbatore, Tamil Nadu, India |
| Shri Anand Fabs Private Limited | ₹13.39 Cr (FY 2024) | 38.0% | Panipat, Haryana, India | |||
| Prabha Textiles Private Limited | ₹13.37 Cr (FY 2025) | -6.0% | Rajasthan, India | |||
| Nibha Capital Services Private Limited | ₹13.36 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Tapasya Textiles Private Limited | ₹13.35 Cr (FY 2024) | -13.0% | Bhiwandi, Maharashtra, India | |||
| Poojaa Sree Ginning Mill Private Limited | ₹13.34 Cr (FY 2025) | -55.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Kac Yarn Private Limited, buy the company report.
Auditor
Kac Yarn Private Limited is audited by R KANNAN & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R KANNAN & ASSOCIATES | FY 2016 | 005535S |
Shareholding
The shareholding of Kac Yarn Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kac Yarn Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2017 | 100070271 | Others | ₹18.4 Lakh | Open | |
| 17 Feb 2007 | 10045767 | Bank of India | ₹11.25 Cr | Open |
To see the full charge records of Kac Yarn Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Kac Yarn Private Limited has 11 court cases on record: 6 filed by Kac Yarn, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 0 |
| High courts | 5 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed against the company by M/S.Sulochana Cotton Spinning Mills Pvt.Ltd., Managing Director Krishnakumar Power Agent Kathirvel | Disposed |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed against the company by M/S Bajaj Finance Ltd Rep by Its | Disposed |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed against the company by Magma Fincorp Limited Authorised Signatory S.Godson Vinokaran | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Disposed |
| District court, Tiruppur, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
To see the full case history of Kac Yarn 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kac Yarn Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kac Yarn Private Limited has a workforce of 67 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Kac Yarn has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kac Yarn Private Limited, buy the company report.
Recent activity
Kac Yarn Private Limited has 7 board changes on record since 2006: 2 appointments and 5 cessations. The latest: Chinniagounder Muthukumar ceased to be Director on 27 Feb 2014.
1 earlier event is in the company report.
Frequently asked questions
Kac Yarn is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Kac Yarn is a company under liquidation, formerly operating as a private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 September 2006 and is registered under CIN U17111TZ2006PTC013108. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kac Yarn has 2 current directors:
- Chinniagounder Parthasarathy - Managing Director
- Parthasarathy Bagyalakshmi - Director
The latest financial statements of Kac Yarn on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kac Yarn is U17111TZ2006PTC013108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kac Yarn has open charges of ₹11.43 Cr and no satisfied charges on record as per latest MCA filings.
Kac Yarn has 11 court cases on record: 6 filed by the company and 5 filed against it. Most are in the district courts.
Kac Yarn was incorporated on 27 September 2006. It is registered with the Registrar of Companies, Coimbatore.
The peers of Kac Yarn by revenue are Sarbi Apparel Private Limited, Sri Binny Industries Private Limited, Tapi Processers Private Limited, Sudarshanfamily Mall Private Limited, Harinila Textiles (OPC) Private Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Chinniagounder Muthukumar ceased to be Director on 27 Feb 2014. Rathinasamy Parthiban ceased to be Director on 27 Feb 2014. Parthasarathy Bagyalakshmi ceased to be Additional Director on 10 Sep 2013. Kac Yarn has 7 board changes on record in total.
The registered office of Kac Yarn is at 1291 Krishna Puram Somanur, Coimbatore, Tamil Nadu, India – 641668.