Mahaajay Spinners India Private Limited

Mahaajay Spinners India Private Limited - consumer goods in Salem, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ2005PTC011559 Incorporated 28 January 2005 ROC Coimbatore HQ Salem, Tamil Nadu, India
Active Private Limited Company consumer goods MSME · Small
Revenue · FY 2025
₹44.57 Cr
▼ 10% YoY
Net profit · FY 2025
₹2.53 Cr
Net margin 5.7%
EBITDA · FY 2025
₹5.05 Cr
EBITDA margin 11.3%
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹8.83 Cr
Issued & subscribed
Open charges
₹36.12 Cr
Satisfied ₹18.75 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
174
Provident fund records

About Mahaajay Spinners India Private Limited

Data last updated:

Mahaajay Spinners India Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 28 January 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2005PTC011559. Its GSTIN is 33AAECM1475E1ZS (Tamil Nadu).

The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.83 Cr. It is led by directors Maha Ajay Prasath and Maha Ajay Prasath Mahitha.

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 Cps Towers 16 Advaithaashram Road Fairlands, Salem, Tamil Nadu, India – 636016.

As per the financials filed for FY 2025, the company reported a revenue of ₹44.57 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.53 Cr (net margin 5.7%) and EBITDA of ₹5.05 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 30% over five years.

The company has about 174 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹36.12 Cr and satisfied charges of ₹18.75 Cr on record.

Mahaajay Spinners India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-20-0095796). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahaspinners.com.

Company details

CIN U17111TZ2005PTC011559
Registration Number 011559
Incorporation Date 28 January 2005
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-20-0095796
Key People
Maha Ajay Prasath Director Maha Ajay Prasath Mahitha Director

Recognitions & Rankings of Mahaajay Spinners India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-20-0095796

Contact details

Mahaajay Spinners India Private Limited's registered office is in Salem, Tamil Nadu. Its website is mahaspinners.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mahaspinners.com
  • Registered Address
    Cps Towers 16 Advaithaashram Road Fairlands, Salem, Tamil Nadu, India – 636016
  • Industry
    Consumer Goods, Home Furnishings Manufacturing

To see the full contact details of Mahaajay Spinners India Private Limited, buy the company report.

Comprehensive company report
Mahaajay Spinners 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
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Business activity

The main business activity of Mahaajay Spinners India is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

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

Financials of Mahaajay Spinners India Private Limited

FY 2024 filings available

Mahaajay Spinners India Private Limited reported revenue of ₹44.57 Cr (down 10% YoY) for FY 2025.

Revenue · FY 2025
₹44.57 Cr ▼ 10%
Net profit · FY 2025
₹2.53 Cr margin 5.7%
EBITDA · FY 2025
₹5.05 Cr margin 11.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 32%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 119%
5 years · compounded
▲ 53%

Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA fell 7% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹5.05 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.53 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.3%
Net Profit Margin5.7%
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 Mahaajay Spinners India Private Limited, buy the company report.

Board of directors of Mahaajay Spinners India Private Limited

Mahaajay Spinners India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Maha Ajay Prasath
Also directs: M.E.T Edutech Solutions India (OPC) Private Limited, Mahendra Talkies Private Limited, Crealent Education Management Services Private Limited
Director07 Mar 20233 Years 8 MonthsCurrent
Maha Ajay Prasath MahithaDirector07 Mar 20233 Years 8 MonthsCurrent
View all directors

Auditor

Mahaajay Spinners India Private Limited is audited by M ILANGO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M ILANGOFY 2023203445

Shareholding

The shareholding of Mahaajay Spinners India Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mahaajay Spinners India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹36.12 Cr
Satisfied charges
₹18.75 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹36.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Jul 2024100990296Hdfc Bank Limited₹18 CrOpen
08 Nov 2023100838841Hdfc Bank Limited₹16.9 CrOpen
19 Jun 2023100757893Hdfc Bank Limited₹1.22 CrOpen
26 Mar 201410494843Andhra Bank₹10 CrSatisfied
03 Nov 200510007271Indian Overseas Bank₹8.75 CrSatisfied

To see the full charge records of Mahaajay Spinners India Private Limited, buy the company report.

Total charge records: 5 View all charges

Credit ratings & regulatory alerts

Mahaajay Spinners India Private Limited was last rated by Care on 19 Nov 2020.

Rating agencyRated onRating
Care19 Nov 2020

To see the full credit ratings and regulatory alerts of Mahaajay Spinners India Private Limited, buy the company report.

MSME payment delays

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

Group structure & subsidiaries

Mahaajay Spinners India has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Mahaajay Spinners India Private Limited has a workforce of 174 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
174
Active EPFO establishments
1
Employee growth
148.6%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27174
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

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

GST

Mahaajay Spinners India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAECM1475E1ZSTamil NaduActive01 Jul 2017

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

Recent activity

Mahaajay Spinners India Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Maha Ajay Prasath was appointed as Director on 07 Mar 2023.

AGM
Mahaajay Spinners India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 18.00 Cr with Charge ID 100990296 was registered on 15 Jul 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 16.90 Cr registered on 08 Nov 2023 with Charge ID 100838841 was modified on 15 Jul 2024.
Filing
Mahaajay Spinners India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.90 Cr with Charge ID 100838841 was registered on 08 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.22 Cr with Charge ID 100757893 was registered on 19 Jun 2023.
Appointed
Maha Ajay Prasath was appointed as Director.
Appointed
Maha Ajay Prasath Mahitha was appointed as Director.
Ceased
Mahendiran Bharathkumar ceased to be Managing Director.
Charges
A charge registered on 26 Mar 2014 via Charge ID 10494843 with Andhra Bank was fully satisfied on 22 Jul 2021.
Ceased
Maha Ajay Prasath ceased to be Additional Director.
Ceased
Hariharan ceased to be Additional Director.

6 earlier events are in the company report.

Frequently asked questions

Mahaajay Spinners India is an active private limited company based in Salem, Tamil Nadu, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 28 January 2005 (21+ years old) and is registered under CIN U17111TZ2005PTC011559.

Mahaajay Spinners India has 2 current directors:

The latest financial statements of Mahaajay Spinners 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 2015 are in the company report.

The GSTIN of Mahaajay Spinners India is 33AAECM1475E1ZS, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Mahaajay Spinners India is U17111TZ2005PTC011559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mahaajay Spinners India was incorporated on 28 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Coimbatore.

Maha Ajay Prasath was appointed as Director on 07 Mar 2023. Maha Ajay Prasath Mahitha was appointed as Director on 07 Mar 2023. Mahendiran Bharathkumar ceased to be Managing Director on 07 Mar 2023. Mahaajay Spinners India has 6 board changes on record in total.

Yes, Mahaajay Spinners India is registered as a small enterprise under Udyam registration (number: UDYAM-TN-20-0095796).

Mahaajay Spinners India can be reached through the website mahaspinners.com. Its registered office is in Salem, Tamil Nadu, India.

The registered office of Mahaajay Spinners India is at Cps Towers 16 Advaithaashram Road Fairlands, Salem, Tamil Nadu, India – 636016.