KRG Textile Mills Private Limited
About KRG Textile Mills Private Limited
Data last updated:
KRG Textile Mills Private Limited is a private limited company based in Palladam, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U35105TZ2021PTC036890. Its GSTIN is 33AAICK9772G1Z6 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors Rajagopal Kumarasamy (Managing Director) and Rajagopal Revathi.
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 119/2 Sellankadu Chinniagoundenpalayam Pannikampatty Post, Palladam, Tamil Nadu, India – 641664.
As per the financials filed for FY 2024, the company reported a revenue of ₹327 Cr, a growth of 88% compared to the previous year. For the same year it recorded a net profit of ₹16.83 Cr (net margin 5.1%) and EBITDA of ₹51.99 Cr (EBITDA margin 15.9%).
The company has about 48 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹359.9 Cr and satisfied charges of ₹7.68 Cr on record. Court records list 31 cases involving the company, including 31 filed by the company; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
KRG Textile Mills has one previous CIN (Corporate Identification Number): U17299TZ2021PTC036890. The current CIN is U35105TZ2021PTC036890, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35105TZ2021PTC036890 | Current |
| U17299TZ2021PTC036890 | Previous |
Contact details
KRG Textile Mills Private Limited's registered office is in Palladam, Tamil Nadu.
- Registered Address119/2 Sellankadu Chinniagoundenpalayam Pannikampatty Post, Palladam, Tamil Nadu, India – 641664
- IndustryManufacturing, Textile & Fabric Production
- 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 KRG Textile Mills 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 KRG Textile Mills Private Limited, buy the company report.
Financials of KRG Textile Mills Private Limited
FY 2024 filings availableKRG Textile Mills Private Limited reported revenue of ₹327 Cr (up 88% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 88% in the latest year. EBITDA rose 171% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹51.99 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹16.83 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 15.9% | ||
| Net Profit Margin | 5.1% | ||
| 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 KRG Textile Mills Private Limited, buy the company report.
Board of directors of KRG Textile Mills Private Limited
KRG Textile Mills has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajagopal Revathi Also directs: KRG Power Solar Limited, KRG Green Energy Private Limited | Director | 26 Aug 2021 | 5 Years 2 Months | Current |
| Rajagopal Kumarasamy Also directs: Srinath Weaving Mills LLP, Eastsquare Energy India Private Limited, KRG Power Solar Limited and 3 more | Managing Director | 26 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
KRG Textile Mills Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Polynova Industries Limited | ₹328.94 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Vedha Spinning Mills Private Limited | ₹327.96 Cr (FY 2025) | 15.0% | Tirupur, Tamil Nadu, India | |||
| Radiant Textiles Private Limited | ₹327.2 Cr (FY 2025) | 1.0% | Samana, Punjab, India | |||
| KRG Textile Mills Private Limitedthis company | ₹327 Cr (FY 2024) | ₹16.83 Cr | 5.1% | 88.0% | Palladam, Tamil Nadu, India | |
| The Ganges Manufacturing Company | ₹325.27 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Milliken Chemical and Textile (India) Co. Private Limited | ₹323.03 Cr (FY 2025) | 23.0% | Pune, Maharashtra, India |
To see the full peer comparison of KRG Textile Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2024 | 100977557 | Others | ₹23 Cr | Open | |
| 23 Dec 2023 | 100841644 | Axis Bank Limited | ₹30 Lakh | Open | |
| 05 Sep 2023 | 100791540 | Others | ₹102 Cr | Open | |
| 20 Dec 2022 | 100680591 | Tata Capital Financial Services Limited | ₹6.85 Cr | Open | |
| 25 Aug 2022 | 100604332 | Axis Bank Limited | ₹76.24 Cr | Open |
To see the full charge records of KRG Textile Mills Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
KRG Textile Mills Private Limited has 31 court cases on record: 31 filed by KRG Textile Mills. 4 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 0 | 3 |
| District courts | 3 | 0 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against State Tax Officer | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against State Tax Officer | Pending |
| District court, Tiruppur, Tamil Nadu | Court case (COS) | Filed by the company against Kanchan Trading Company | Pending |
| Madras High Court | Writ petition | Filed by the company against Tamilnadu Electricity Regulatory Commission | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Tamilnadu Electricity Regulatory Commission | Disposed |
To see the full case history of KRG Textile Mills 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
KRG Textile Mills Private Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 54 overdue payments to 25 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 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sree Mangayarkarasi Mills Private Limited | |||
| Schoch Reeds India Private Limited | |||
| Acsen Tex Private Limited | |||
| M S A Shipping Private Limited |
To see the full MSME payment records of KRG Textile Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
KRG Textile Mills has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICK9772G1Z6 | Tamil Nadu | Active | 27 Aug 2021 |
| 33AAICK9772G2Z5 | Tamil Nadu | Active | 21 Oct 2023 |
To see the full GST registrations and return filing status of KRG Textile Mills Private Limited, buy the company report.
Recent activity
KRG Textile Mills Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Rajagopal Kumarasamy ceased to be Director on 26 Feb 2023.
7 earlier events are in the company report.
Frequently asked questions
KRG Textile Mills is an active private limited company based in Palladam, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 August 2021 (5+ years old) and is registered under CIN U35105TZ2021PTC036890.
KRG Textile Mills has 2 current directors:
- Rajagopal Kumarasamy - Managing Director
- Rajagopal Revathi - Director
The latest financial statements of KRG Textile Mills 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 2022 are in the company report.
The GSTIN of KRG Textile Mills is 33AAICK9772G1Z6, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAICK9772G2Z5 (Tamil Nadu).
The CIN (Corporate Identification Number) of KRG Textile Mills is U35105TZ2021PTC036890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KRG Textile Mills has 31 court cases on record: 31 filed by the company. 4 are pending. Most are in the high courts.
KRG Textile Mills was incorporated on 26 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of KRG Textile Mills by revenue are Polynova Industries Limited, Vedha Spinning Mills Private Limited, Radiant Textiles Private Limited, The Ganges Manufacturing Company, Milliken Chemical and Textile (India) Co. Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Rajagopal Kumarasamy ceased to be Director on 26 Feb 2023. Rajagopal Kumarasamy was appointed as Managing Director on 26 Aug 2021. Rajagopal Revathi was appointed as Director on 26 Aug 2021.
KRG Textile Mills has 4 MSME Form 1 returns on record between 2023 and 2024, listing 54 overdue payments to 25 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of KRG Textile Mills is at 1192 Sellankadu Chinniagoundenpalayam Pannikampatty Post, Palladam, Tamil Nadu, India – 641664.
KRG Textile Mills operates in the manufacturing industry, in the textile and fabric production segment.
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