MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-11-0000853
Knitvel Needles Private Limited - machinery and equipment in Dharmapuri, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹72.6 Cr
▲ 13% YoY
Net profit · FY 2026
₹2.76 Cr
Net margin 3.8%
EBITDA · FY 2026
₹5.77 Cr
EBITDA margin 8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹41 Lakh
Issued & subscribed
Open charges
₹7.3 Cr
Satisfied ₹18.65 Cr
Company age
52 yrs
Est. 1974
Employees · EPFO
217
Provident fund records
About Knitvel Needles Private Limited
Data last updated:
Knitvel Needles Private Limited is a private limited company based in Dharmapuri, Tamil Nadu, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 12 December 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U02893TZ1974PTC000720. Its GSTIN is 33AABCK1440N1ZP (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41 Lakh. It was formerly known as Knitvel Needles Limited. It is led by directors including Adhi Muthusamy Lakkapuram Krishnasamy (Managing Director) and Arjun Adhi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 110 Sipcot Industrial Complex Hosur, Dharmapuri, Tamil Nadu, India – 635126.
As per the financials filed for FY 2026, the company reported a revenue of ₹72.6 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.76 Cr (net margin 3.8%) and EBITDA of ₹5.77 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
The company has about 217 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Knitvel Needles. As per MCA filings, the company has open charges of ₹7.3 Cr and satisfied charges of ₹18.65 Cr on record.
Knitvel Needles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-11-0000853). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website knitvelneedles.com.
Company details
CIN U02893TZ1974PTC000720
Registration Number 000720
Incorporation Date 12 December 1974
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-11-0000853
CIN history
Knitvel Needles has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U02893TZ1974PTC000720, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U02893TZ1974PTC000720 | Current |
| U02893TZ1974PLC000720 | Previous |
| U02893TZ1994PLC000720 | Previous |
Key People
Adhi Muthusamy Lakkapuram Krishnasamy Managing Director Arjun Adhi Whole-Time Director Kalavathy Adhi Director Recognitions & Rankings of Knitvel Needles
Contact details
Knitvel Needles Private Limited's registered office is in Dharmapuri, Tamil Nadu. Its website is knitvelneedles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address110 Sipcot Industrial Complex Hosur, Dharmapuri, Tamil Nadu, India – 635126
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Knitvel Needles Private Limited, buy the company report.
Comprehensive company report
Knitvel Needles 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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Brands
Knitvel Needles operates one associated brand: Knitvel Needles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of needles for the textile industry in India. | knitvelneedles.com |
Business activity
The main business activity of Knitvel Needles is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Knitvel Needles Private Limited, buy the company report.
Financials of Knitvel Needles Private Limited
FY 2026 filings availableKnitvel Needles Private Limited reported revenue of ₹72.6 Cr (up 13% YoY) for FY 2026.
Revenue · FY 2026
₹72.6 Cr ▲ 13%
Net profit · FY 2026
₹2.76 Cr margin 3.8%
EBITDA · FY 2026
₹5.77 Cr margin 8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 3%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 13% growth in the latest year. EBITDA rose 41% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹72.6 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.76 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 3.8% | ||||
| 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 Knitvel Needles Private Limited, buy the company report.
Board of directors of Knitvel Needles Private Limited
Knitvel Needles has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adhi Muthusamy Lakkapuram Krishnasamy Also directs: Elkayem Auto Ancillaries Private Limited | Managing Director | 16 Feb 1976 | 50 Years 8 Months | Current |
| Kalavathy Adhi Also directs: Elkayem Auto Ancillaries Private Limited | Director | 30 Jul 2001 | 25 Years 3 Months | Current |
| Arvind Muthusamy Adhi | Director | 21 Jun 2025 | 1 Years 4 Months | Current |
| Arjun Adhi Also directs: Elkayem Auto Ancillaries Private Limited | Whole-Time Director | 03 Aug 2021 | 5 Years 3 Months | Current |
| Sakthivel Ahalya | Director | 14 Oct 2022 | 4 Years 0 Months | Current |
Auditor
Knitvel Needles Private Limited is audited by Mani Srinivasan & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mani Srinivasan & Associates | FY 2026 | 022018S |
Shareholding
The shareholding of Knitvel Needles Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Knitvel Needles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.3 Cr
Satisfied charges
₹18.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101084772 | Indian Overseas Bank | ₹23.2 Lakh | Open | |
| 29 Mar 2025 | 101084782 | Indian Overseas Bank | ₹50 Lakh | Open | |
| 29 Mar 2025 | 101084817 | Indian Overseas Bank | ₹84.46 Lakh | Open | |
| 29 Mar 2025 | 101084819 | Indian Overseas Bank | ₹3.86 Cr | Open | |
| 29 Mar 2025 | 101084825 | Indian Overseas Bank | ₹1.86 Cr | Open |
To see the full charge records of Knitvel Needles Private Limited, buy the company report.
Total charge records: 36 View all charges
Legal cases
No court or tribunal cases involving Knitvel Needles 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
Knitvel Needles Private Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 232 overdue payments to 27 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Maxin Hydro Dynamic India Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Sri Ganesh Tech |
To see the full MSME payment records of Knitvel Needles Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Knitvel Needles Private Limited has a workforce of 217 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
217
Active EPFO establishments
1
Employee growth
-5.24%
GST
Knitvel Needles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCK1440N1ZP | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Knitvel Needles Private Limited, buy the company report.
Recent activity
Knitvel Needles Private Limited has 13 board changes on record since 1976: 5 appointments and 8 cessations. The latest: Arvind Muthusamy Adhi ceased to be Additional Director on 11 Sep 2025.
Filing
Knitvel Needles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Coimbatore.
AGM
Knitvel Needles Private Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Ceased
Arvind Muthusamy Adhi ceased to be Additional Director.
Appointed
Arvind Muthusamy Adhi was appointed as Director.
Charges
A charge registered on 19 Nov 2021 via Charge ID 100512321 with Indian Overseas Bank was fully satisfied on 23 May 2025.
Charges
A charge registered on 27 Mar 2024 via Charge ID 100889269 with Others was fully satisfied on 21 Apr 2025.
Charges
A charge registered on 28 Mar 2023 via Charge ID 100692560 with Others was fully satisfied on 21 Apr 2025.
Charges
A charge registered on 08 Oct 2020 via Charge ID 100376625 with Others was fully satisfied on 21 Apr 2025.
Charges
A charge with Indian Overseas Bank amounted to Rs. 23.20 Lakh with Charge ID 101084772 was registered on 29 Mar 2025.
Charges
A charge with Indian Overseas Bank amounted to Rs. 50.00 Lakh with Charge ID 101084782 was registered on 29 Mar 2025.
Charges
A charge with Indian Overseas Bank amounted to Rs. 84.46 Lakh with Charge ID 101084817 was registered on 29 Mar 2025.
Charges
A charge with Indian Overseas Bank amounted to Rs. 386.00 Lakh with Charge ID 101084819 was registered on 29 Mar 2025.
77 earlier events are in the company report.
Frequently asked questions
Knitvel Needles is an active private limited company based in Dharmapuri, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 12 December 1974 (52+ years old) and is registered under CIN U02893TZ1974PTC000720.
Knitvel Needles has 5 current directors:
- Adhi Muthusamy Lakkapuram Krishnasamy - Managing Director
- Arjun Adhi - Whole-Time Director
- Kalavathy Adhi - Director
- Arvind Muthusamy Adhi - Director
- Sakthivel Ahalya - Director
The latest financial statements of Knitvel Needles on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Knitvel Needles is 33AABCK1440N1ZP, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Knitvel Needles is U02893TZ1974PTC000720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Knitvel Needles was incorporated on 12 December 1974, making it 52+ years old. It is registered with the Registrar of Companies, Coimbatore.
Arvind Muthusamy Adhi ceased to be Additional Director on 11 Sep 2025. Arvind Muthusamy Adhi was appointed as Director on 21 Jun 2025. Sakthivel Ahalya ceased to be Additional Director on 15 Sep 2023. Knitvel Needles has 13 board changes on record in total.
Yes, Knitvel Needles is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-11-0000853).
Knitvel Needles has 8 MSME Form 1 returns on record between 2019 and 2022, listing 232 overdue payments to 27 micro and small suppliers. The latest return was filed on 22 Oct 2022.
Knitvel Needles can be reached through the website knitvelneedles.com. Its registered office is in Dharmapuri, Tamil Nadu, India.
The registered office of Knitvel Needles is at 110 Sipcot Industrial Complex Hosur, Dharmapuri, Tamil Nadu, India – 635126.
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