Kovai Racks India Private Limited

Kovai Racks India Private Limited - consumer electronics & durables in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U36998TZ2019PTC032057 Incorporated 29 April 2019 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company consumer electronics and durables MSME · Small
Data last updated
Revenue · FY 2024
₹13.68 Cr
▲ 12% YoY
Net profit · FY 2024
₹18.8 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹41.04 Lakh
EBITDA margin 3%
Authorised capital
₹24 Lakh
Registered with MCA
Paid-up capital
₹24 Lakh
Issued & subscribed
Open charges
₹5.67 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
141
Provident fund records

About Kovai Racks India Private Limited

Data last updated:

Kovai Racks India Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 29 April 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U36998TZ2019PTC032057. Its GSTIN is 33AAHCK6118M1ZC (Tamil Nadu).

The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors including Saravanakumar Sellam and Ramu Sellam.

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 Coimbatore, Tamil Nadu.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.68 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹18.8 Lakh (net margin 1.4%) and EBITDA of ₹41.04 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years.

The company has about 141 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹5.67 Cr on record.

Kovai Racks India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0048411). For more details, the company can be reached via its website kovairacks.com.

Company details

CIN U36998TZ2019PTC032057
Registration Number 032057
Incorporation Date 29 April 2019
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-TN-03-0048411

Recognitions & Rankings of Kovai Racks India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-03-0048411

Contact details

Kovai Racks India Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is kovairacks.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    D.No. 6/461, P.G.Pudur Annur Taluk, Coimbatore, Tamil Nadu, India – 641107
  • Industry
    Consumer Electronics & Durables, Furniture Manufacturing

To see the full contact details of Kovai Racks India Private Limited, buy the company report.

Comprehensive company report
Kovai Racks India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Kovai Racks India is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Kovai Racks India Private Limited, buy the company report.

Financials of Kovai Racks India Private Limited

FY 2024 filings available

Kovai Racks India Private Limited reported revenue of ₹13.68 Cr (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹13.68 Cr ▲ 12%
Net profit · FY 2024
₹18.8 Lakh margin 1.4%
EBITDA · FY 2024
₹41.04 Lakh margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 126%

Revenue has grown at a compounded annual rate (CAGR) of 52% over three years, including 12% growth in the latest year. EBITDA fell 48% 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₹41.04 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹18.8 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 Margin3%
Net Profit Margin1.4%
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 Kovai Racks India Private Limited, buy the company report.

Board of directors of Kovai Racks India Private Limited

Kovai Racks India has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Saravanakumar SellamDirector29 Apr 20197 Years 6 MonthsCurrent
Ramu SellamDirector29 Apr 20197 Years 6 MonthsCurrent
Manimaran SellamDirector29 Jun 20206 Years 4 MonthsCurrent
Selvam LakshmananDirector29 Jun 20206 Years 4 MonthsCurrent

Auditor

Kovai Racks India Private Limited is audited by A NAGESWARAN for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A NAGESWARANFY 2023023911

Shareholding

The shareholding of Kovai Racks India 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 categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Kovai Racks India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.67 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹5.67 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 May 2025101150204Others₹43 LakhOpen
24 Nov 2023100828618Others₹73.51 LakhOpen
01 Feb 2023100685401Others₹4.5 CrOpen

To see the full charge records of Kovai Racks India Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

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

Employees & EPFO

Kovai Racks India Private Limited has a workforce of 141 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
141
Active EPFO establishments
1
Employee growth
27%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27141
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22

To see the full employee and EPFO history of Kovai Racks India Private Limited, buy the company report.

GST

Kovai Racks India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAHCK6118M1ZCTamil NaduActive21 Dec 2019

To see the full GST registrations and return filing status of Kovai Racks India Private Limited, buy the company report.

Recent activity

Kovai Racks India Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Manimaran Sellam was appointed as Director on 29 Jun 2020.

Charges
A charge with Others amounted to Rs. 43.00 Lakh with Charge ID 101150204 was registered on 14 May 2025.
AGM
Kovai Racks India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 450.00 Lakh registered on 01 Feb 2023 with Charge ID 100685401 was modified on 25 Jun 2024.
Filing
Kovai Racks India 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. 73.51 Lakh with Charge ID 100828618 was registered on 24 Nov 2023.
Charges
A charge with Others amounted to Rs. 450.00 Lakh with Charge ID 100685401 was registered on 01 Feb 2023.
Appointed
Manimaran Sellam was appointed as Director.
Appointed
Selvam Lakshmanan was appointed as Director.
Appointed
Ramu Sellam was appointed as Director.
Appointed
Saravanakumar Sellam was appointed as Director.
Incorporation
29 Apr 2019
Kovai Racks India Private Limited was registered on 29 Apr 2019 with Roc Coimbatore & aged 7 years 6 months as per MCA records.

Frequently asked questions

Kovai Racks India is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 29 April 2019 (7+ years old) and is registered under CIN U36998TZ2019PTC032057.

Kovai Racks India has 4 current directors:

The latest financial statements of Kovai Racks India 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 Kovai Racks India is 33AAHCK6118M1ZC, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Kovai Racks India is U36998TZ2019PTC032057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kovai Racks India was incorporated on 29 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Coimbatore.

Manimaran Sellam was appointed as Director on 29 Jun 2020. Selvam Lakshmanan was appointed as Director on 29 Jun 2020. Ramu Sellam was appointed as Director on 29 Apr 2019. Kovai Racks India has 4 board changes on record in total.

Yes, Kovai Racks India is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0048411).

Kovai Racks India can be reached through the website kovairacks.com. Its registered office is in Coimbatore, Tamil Nadu, India.

The registered office of Kovai Racks India is at D.No. 6461, P.G.Pudur Annur Taluk, Coimbatore, Tamil Nadu, India – 641107.