Startup India Government of India
Kandhar Cotspin Private Limited
Kandhar Cotspin Private Limited - manufacturing in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹37.69 Cr
▲ 25% YoY
Net profit · FY 2025
₹70.7 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹3.06 Cr
EBITDA margin 8.1%
Authorised capital
₹2.6 Cr
Registered with MCA
Paid-up capital
₹2.53 Cr
Issued & subscribed
Open charges
₹22.35 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
19
Provident fund records
About Kandhar Cotspin Private Limited
Data last updated:
Kandhar Cotspin Private Limited is a private limited company based in Tirupur, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17300TZ2019PTC032170. Its GSTIN is 33AAHCK6456G1ZG (Tamil Nadu).
The company has an authorised share capital of ₹2.6 Cr and a paid-up capital of ₹2.53 Cr. It is led by directors Nikhil Rubikan and Ammasaiappan Kavitha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.206 P.N.Road Tirupur North, Tamil Nadu, India – 641602.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.69 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹70.7 Lakh (net margin 1.9%) and EBITDA of ₹3.06 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 155% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.35 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Kandhar Cotspin Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0006524).
Company details
CIN U17300TZ2019PTC032170
Registration Number 032170
Incorporation Date 23 May 2019
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-28-0006524
Recognitions & Rankings of Kandhar Cotspin
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-28-0006524
Contact details
Kandhar Cotspin Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.206 P.N.Road Tirupur North, Tamil Nadu, India – 641602
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kandhar Cotspin Private Limited, buy the company report.
Comprehensive company report
Kandhar Cotspin 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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Business activity
The main business activities of Kandhar Cotspin are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers textile, leather and other apparel products and electric power generation, transmission and distribution. 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 | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Kandhar Cotspin Private Limited, buy the company report.
Financials of Kandhar Cotspin Private Limited
FY 2024 filings availableKandhar Cotspin Private Limited reported revenue of ₹37.69 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹37.69 Cr ▲ 25%
Net profit · FY 2025
₹70.7 Lakh margin 1.9%
EBITDA · FY 2025
₹3.06 Cr margin 8.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 10%
5 years · compounded
▲ 155%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 5%
5 years · compounded
▲ 64%
Revenue has grown at a compounded annual rate (CAGR) of 155% over five years, including 25% growth in the latest year. EBITDA rose 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹3.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹70.7 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Kandhar Cotspin Private Limited, buy the company report.
Board of directors of Kandhar Cotspin Private Limited
Kandhar Cotspin has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Rubikan | Director | 05 Apr 2023 | 3 Years 7 Months | Current |
| Ammasaiappan Kavitha | Director | 23 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Kandhar Cotspin Private Limited is compared with the 7 companies closest to it by revenue in the Power industry (Textiles, Transmission and Distribution), 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 |
|---|---|---|---|---|---|---|
| Aanchal Apparels Private Limited | ₹37.82 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Tater Silk Mills Private Limited | ₹37.77 Cr (FY 2024) | -35.0% | Surat, Gujarat, India | |||
| Shri Krishna Embroideries Private Limited | ₹37.74 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Tathya Texfab Private Limited | ₹37.74 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Kandhar Cotspin Private Limitedthis company | ₹37.69 Cr (FY 2025) | ₹70.7 Lakh | 1.9% | 25.0% | 19 | Tirupur, Tamil Nadu, India |
| Crest Design Private Limted | ₹37.69 Cr (FY 2024) | -22.0% | New Delhi, Delhi, India | |||
| Shree Ganesh Cotspin Private Limited | ₹37.68 Cr (FY 2025) | 1.0% | Punjab, India | |||
| Magani Jethaji Texofine Private Limited | ₹37.66 Cr (FY 2024) | 50.0% | Balotra, Rajasthan, India |
To see the full peer comparison of Kandhar Cotspin Private Limited, buy the company report.
Auditor
Kandhar Cotspin Private Limited is audited by N. RAJAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. RAJAN & ASSOCIATES | FY 2023 | 011263S |
Shareholding
The shareholding of Kandhar Cotspin Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kandhar Cotspin Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.35 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2025 | 101149602 | Sidbi | ₹4.75 Cr | Open | |
| 29 Apr 2025 | 101101021 | Others | ₹63.5 Lakh | Open | |
| 30 Mar 2024 | 100909850 | Others | ₹99.68 Lakh | Open | |
| 15 Nov 2023 | 100825224 | Others | ₹79 Lakh | Open | |
| 16 Jun 2022 | 100591313 | Others | ₹1.15 Cr | Open |
To see the full charge records of Kandhar Cotspin Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Kandhar Cotspin Private Limited has 1 court case on record: 1 filed by Kandhar Cotspin. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
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 |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Kandhar Cotspin 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 Kandhar Cotspin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kandhar Cotspin Private Limited has a workforce of 19 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
-13.64%
GST
Kandhar Cotspin has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCK6456G1ZG | Tamil Nadu | Active | 04 Jun 2019 |
To see the full GST registrations and return filing status of Kandhar Cotspin Private Limited, buy the company report.
Recent activity
Kandhar Cotspin Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Nikhil Rubikan ceased to be Additional Director on 29 Sep 2023.
Charges
A charge with Sidbi amounted to Rs. 4.75 Cr with Charge ID 101149602 was registered on 28 Aug 2025.
Charges
A charge with Others amounted to Rs. 0.64 Cr with Charge ID 101101021 was registered on 29 Apr 2025.
AGM
Kandhar Cotspin Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Kandhar Cotspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100909850 was registered on 30 Mar 2024.
Charges
A charge with Others amounted to Rs. 0.79 Cr with Charge ID 100825224 was registered on 15 Nov 2023.
Ceased
Nikhil Rubikan ceased to be Additional Director.
Appointed
Nikhil Rubikan was appointed as Director.
Charges
A charge with Others of Rs. 1.15 Cr registered on 16 Jun 2022 with Charge ID 100591313 was modified on 26 Sep 2022.
Charges
A charge with Others of Rs. 11.58 Cr registered on 14 Aug 2019 with Charge ID 100293030 was modified on 26 Sep 2022.
Charges
A charge with Others amounted to Rs. 1.15 Cr with Charge ID 100591313 was registered on 16 Jun 2022.
Charges
A charge with Others amounted to Rs. 1.63 Cr with Charge ID 100492333 was registered on 20 Oct 2021.
5 earlier events are in the company report.
Frequently asked questions
Kandhar Cotspin 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 23 May 2019 (7+ years old) and is registered under CIN U17300TZ2019PTC032170.
Kandhar Cotspin has 2 current directors:
- Nikhil Rubikan - Director
- Ammasaiappan Kavitha - Director
The latest financial statements of Kandhar Cotspin on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Kandhar Cotspin is 33AAHCK6456G1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Kandhar Cotspin is U17300TZ2019PTC032170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandhar Cotspin has 1 court case on record: 1 filed by the company.
Kandhar Cotspin was incorporated on 23 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Kandhar Cotspin by revenue are Aanchal Apparels Private Limited, Tater Silk Mills Private Limited, Shri Krishna Embroideries Private Limited, Tathya Texfab Private Limited, Crest Design Private Limted and 2 more, all in the Power industry (Textiles, Transmission and Distribution), with the same principal business activity (textile, leather and other apparel products).
Nikhil Rubikan ceased to be Additional Director on 29 Sep 2023. Nikhil Rubikan was appointed as Director on 05 Apr 2023. Ammasaippan Shanmugasundaram ceased to be Director on 07 Aug 2020. Kandhar Cotspin has 4 board changes on record in total.
Yes, Kandhar Cotspin is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Kandhar Cotspin is registered as a small enterprise under Udyam registration (number: UDYAM-TN-28-0006524).
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