Madras Spinners Limited
About Madras Spinners Limited
Data last updated:
Madras Spinners Limited is a public limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 July 1962 and has been in existence for over 64 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN L17111TZ1962PLC004619. Its GSTIN is 33AABCM3976H1ZF (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Santosh Kumar Kanodia (Managing Director) and Subramanian Senthilnathan.
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 8/1 – M Racecoursemansionracecourse, Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.45 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹18.04 Lakh (net margin -44.6%) and EBITDA of ₹6.49 Lakh (EBITDA margin 16%).
As per MCA filings, the company has open charges of ₹5.47 Cr and satisfied charges of ₹1.25 Cr on record. Court records list 25 cases involving the company, including 22 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Madras Spinners has one previous CIN (Corporate Identification Number): U17111TZ1993PLC004619. The current CIN is L17111TZ1962PLC004619, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17111TZ1962PLC004619 | Current |
| U17111TZ1993PLC004619 | Previous |
Contact details
Madras Spinners Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8/1 – M Racecoursemansionracecourse, Coimbatore, Tamil Nadu, India – 641018
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Madras Spinners Limited, buy the company report.
- 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
Financials of Madras Spinners Limited
FY 2025 filings availableMadras Spinners Limited reported revenue of ₹40.45 Lakh (down 78% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 78% in the latest year. EBITDA fell 96% 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 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.49 Lakh | ||||
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| Net Profit (PAT) | -₹18.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | -44.6% | ||||
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To see the full financial statements and ratios of Madras Spinners Limited, buy the company report.
Board of directors of Madras Spinners Limited
Madras Spinners has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Kanodia | Managing Director | 09 Jun 2004 | 22 Years 4 Months | Current |
| Subramanian Senthilnathan | Director | 01 Mar 2019 | 7 Years 7 Months | Current |
| Govindkumargupta Also directs: Sitalakshmi Mills Limited | Director | 12 Oct 2021 | 5 Years 0 Months | Current |
| Krishnasamy Selvarajan Also directs: SSVL Sim Clinic LLP, AA Tek Robo Private Limited, Prosol Innovations Private Limited and 3 more | Director | 13 Mar 2025 | 1 Years 7 Months | Current |
Shareholding
The shareholding of Madras Spinners Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Madras Spinners Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 1992 | 80055574 | Edelweiss Asset Reconstruction Company Limited | ₹4.13 Cr | Open | |
| 02 Jul 1990 | 80055572 | Edelweiss Asset Reconstruction Company Limited | ₹67 Lakh | Open | |
| 02 Jul 1990 | 80055573 | Idbi | ₹67 Lakh | Open | |
| 07 May 1993 | 80061769 | State Bank of India | ₹1.25 Cr | Satisfied |
To see the full charge records of Madras Spinners Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Madras Spinners Limited has 25 court cases on record: 22 filed by Madras Spinners, 3 filed against it. 3 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 3 | 3 |
| Supreme Court | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by individuals | Pending |
| High Court | Writ petition | Filed by the company against individuals | Pending |
| High Court | Writ petition | Filed by the company against Assistant Provident Fund Commissioner & Recovery Officer and 2 others | Pending |
| High Court, TAMIL NADU | Court case (TCA) | Filed against the company by Commisioner of Income Tax-I | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Madras Spinners 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 Madras Spinners Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madras Spinners has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCM3976H1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madras Spinners Limited, buy the company report.
Recent activity
Madras Spinners Limited has 18 board changes on record since 1962: 11 appointments and 7 cessations. The latest: Krishnasamy Selvarajan was appointed as Director on 13 Mar 2025.
17 earlier events are in the company report.
Frequently asked questions
Madras Spinners is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 July 1962 (64+ years old) and is registered under CIN L17111TZ1962PLC004619.
Madras Spinners has 4 current directors:
- Santosh Kumar Kanodia - Managing Director
- Subramanian Senthilnathan - Director
- Govindkumargupta - Director
- Krishnasamy Selvarajan - Director
The latest financial statements of Madras Spinners 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 Madras Spinners is 33AABCM3976H1ZF, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Madras Spinners is L17111TZ1962PLC004619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Madras Spinners is a listed company as per MCA records.
Madras Spinners has 25 court cases on record: 22 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Madras Spinners was incorporated on 07 July 1962, making it 64+ years old. It is registered with the Registrar of Companies, Coimbatore.
Krishnasamy Selvarajan was appointed as Director on 13 Mar 2025. Kalyanaswamy Renuka ceased to be Director on 28 Feb 2025. Kalyanaswamy Renuka was appointed as Director on 01 Mar 2023. Madras Spinners has 18 board changes on record in total.
The registered office of Madras Spinners is at 81 – M Racecoursemansionracecourse, Coimbatore, Tamil Nadu, India – 641018.