Knitex Textiles Private Limited

Knitex Textiles Private Limited - fashion and textile in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U18101TZ1999PTC034499 Incorporated 19 February 1999 ROC Coimbatore HQ Tirupur, Tamil Nadu, India
Active Private Limited Company fashion and textile MSME
Data last updated
Revenue · FY 2024
₹17.21 Cr
▼ 33% YoY
Net profit · FY 2024
₹2.1 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹5.29 Lakh
EBITDA margin 0.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹20.28 Cr
Satisfied ₹20.28 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
10
Provident fund records

About Knitex Textiles Private Limited

Data last updated:

Knitex Textiles Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 19 February 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18101TZ1999PTC034499. Its GSTIN is 27AABCK0200E1ZD (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Knitex Garment Private Limited. It is led by directors Ramesh Dhondiba Karde and Hitenkumar Gunvantrai Sheth.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 331/4T 15 Velampalayam Roa Anupparpalayam P O Avinashi Road Tirupur – 641652 Tamil Nad, U, Tamil Nadu, India – 641652.

As per the financials filed for FY 2024, the company reported a revenue of ₹17.21 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Lakh (net margin 0.1%) and EBITDA of ₹5.29 Lakh (EBITDA margin 0.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.

The company has about 10 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Knitex Textiles. As per MCA filings, the company has open charges of ₹20.28 Cr and satisfied charges of ₹20.28 Cr on record.

Knitex Textiles Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-28-0025989). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website knitextextiles.com.

Company details

CIN U18101TZ1999PTC034499
Registration Number 034499
Incorporation Date 19 February 1999
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-28-0025989

CIN history

Knitex Textiles has one previous CIN (Corporate Identification Number): U18101MH1999PTC118428. The current CIN is U18101TZ1999PTC034499, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U18101TZ1999PTC034499Current
U18101MH1999PTC118428Previous

Recognitions & Rankings of Knitex Textiles

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TN-28-0025989

Contact details

Knitex Textiles Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is knitextextiles.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    331/4T 15 Velampalayam Roa Anupparpalayam P O Avinashi Road Tirupur – 641652 Tamil Nad, U, Tamil Nadu, India – 641652
  • Industry
    Fashion and Textile, Innerwear

To see the full contact details of Knitex Textiles Private Limited, buy the company report.

Comprehensive company report
Knitex Textiles 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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Secure checkout · GST invoice included

Brands

Knitex Textiles operates one associated brand: Knitex Textiles. Each brand links to its own profile.

BrandDescriptionWebsite
Produces and supplies textile fabrics and protective face masks in India.knitextextiles.com

Business activity

The main business activity of Knitex Textiles is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Knitex Textiles Private Limited, buy the company report.

Financials of Knitex Textiles Private Limited

FY 2025 filings available

Knitex Textiles Private Limited reported revenue of ₹17.21 Cr (down 33% YoY) for FY 2024.

Revenue · FY 2024
₹17.21 Cr ▼ 33%
Net profit · FY 2024
₹2.1 Lakh margin 0.1%
EBITDA · FY 2024
₹5.29 Lakh margin 0.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 33%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 88%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 33% fall in the latest year. EBITDA fell 88% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹5.29 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.1 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.3%
Net Profit Margin0.1%
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 Knitex Textiles Private Limited, buy the company report.

Board of directors of Knitex Textiles Private Limited

Knitex Textiles has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramesh Dhondiba KardeDirector25 Oct 20233 Years 0 MonthsCurrent
Hitenkumar Gunvantrai ShethDirector19 Feb 199927 Years 8 MonthsCurrent

Auditor

Knitex Textiles Private Limited is audited by A D & COMPANY for the financial year 2021.

Auditor firmFinancial yearFirm registration number
A D & COMPANYFY 2021100378W

Shareholding

The shareholding of Knitex Textiles Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Knitex Textiles Private Limited, buy the company report.

Charges & borrowings

Open charges
₹20.28 Cr
Satisfied charges
₹20.28 Cr
Breakdown by lending institutions
Bank of Baroda₹20.28 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Sep 200810125277Bank of Baroda₹3 CrSatisfied
23 Dec 200490145583Bank of Baroda₹70 LakhSatisfied
29 Jul 200480020732Bank of Baroda₹15 CrSatisfied
21 Jan 200490144926Bank of Baroda₹1.5 CrSatisfied
21 Mar 200090142795Bank of Baroda₹8 LakhSatisfied

To see the full charge records of Knitex Textiles Private Limited, buy the company report.

Total charge records: 5 View all charges

Credit ratings & regulatory alerts

Knitex Textiles Private Limited was last rated by Crisil on 29 Dec 2016.

Rating agencyRated onRating
Crisil29 Dec 2016

To see the full credit ratings and regulatory alerts of Knitex Textiles Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Knitex Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Knitex Textiles Private Limited has a workforce of 10 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
10
Active EPFO establishments
1
Employee growth
11.11%

GST

Knitex Textiles has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AABCK0200E1ZDMaharashtraActive01 Jul 2017
33AABCK0200E1ZKTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Knitex Textiles Private Limited, buy the company report.

Recent activity

Knitex Textiles Private Limited has 5 board changes on record since 1999: 2 appointments and 3 cessations. The latest: Ramesh Dhondiba Karde ceased to be Additional Director on 29 Sep 2024.

AGM
Knitex Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Knitex Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge registered on 29 Sep 2008 via Charge ID 10125277 with Bank Of Baroda was fully satisfied on 07 Jan 2025.
Charges
A charge registered on 23 Dec 2004 via Charge ID 90145583 with Bank Of Baroda was fully satisfied on 07 Jan 2025.
Charges
A charge registered on 29 Jul 2004 via Charge ID 80020732 with Bank Of Baroda was fully satisfied on 07 Jan 2025.
Charges
A charge registered on 21 Jan 2004 via Charge ID 90144926 with Bank Of Baroda was fully satisfied on 07 Jan 2025.
Charges
A charge registered on 21 Mar 2000 via Charge ID 90142795 with Bank Of Baroda was fully satisfied on 07 Jan 2025.
Ceased
Ramesh Dhondiba Karde ceased to be Additional Director.
Ceased
Atul Manohardas Ashar ceased to be Director.
Appointed
Ramesh Dhondiba Karde was appointed as Director.
Ceased
Gunvantrai Mohanlal Sheth ceased to be Director.
Charges
A charge with Bank Of Baroda of Rs. 15.00 Cr registered on 29 Jul 2004 with Charge ID 80020732 was modified on 20 Feb 2009.

7 earlier events are in the company report.

Frequently asked questions

Knitex Textiles is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 19 February 1999 (27+ years old) and is registered under CIN U18101TZ1999PTC034499.

Knitex Textiles has 2 current directors:

The latest financial statements of Knitex Textiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Knitex Textiles is 27AABCK0200E1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AABCK0200E1ZK (Tamil Nadu).

The CIN (Corporate Identification Number) of Knitex Textiles is U18101TZ1999PTC034499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Knitex Textiles was incorporated on 19 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Coimbatore.

Ramesh Dhondiba Karde ceased to be Additional Director on 29 Sep 2024. Atul Manohardas Ashar ceased to be Director on 25 Oct 2023. Ramesh Dhondiba Karde was appointed as Director on 25 Oct 2023. Knitex Textiles has 5 board changes on record in total.

Yes, Knitex Textiles is registered as an MSME under Udyam registration (number: UDYAM-TN-28-0025989).

Knitex Textiles can be reached through the website knitextextiles.com. Its registered office is in Tirupur, Tamil Nadu, India.

The registered office of Knitex Textiles is at 3314T 15 Velampalayam Roa Anupparpalayam P O Avinashi Road Tirupur – 641652 Tamil Nad, U, Tamil Nadu, India – 641652.