Maheshkumar Spinning Mills Private Limited

Maheshkumar Spinning Mills Private Limited - environment in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ2002PTC010347 Incorporated 25 October 2002 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company environment
Data last updated
Revenue · FY 2024
₹48.52 Cr
▼ 9% YoY
Net profit · FY 2024
₹22.11 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹2.83 Cr
EBITDA margin 5.8%
Authorised capital
₹3.25 Cr
Registered with MCA
Paid-up capital
₹3.25 Cr
Issued & subscribed
Open charges
₹16.92 Cr
Satisfied ₹41.68 Cr
Company age
24 yrs
Est. 2002
Directors on board
3
As per MCA filings

About Maheshkumar Spinning Mills Private Limited

Data last updated:

Maheshkumar Spinning Mills Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 25 October 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2002PTC010347. Its GSTIN is 33AADCM4550B1Z1 (Tamil Nadu).

The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.25 Cr. It is led by directors including Ramasamy Balasubramaniam (Managing Director) and Balasubramaniam Senthil Kumar.

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 65 Kumarappapuram2Nd Street Rayapuram Extension Tirupur, Coimbatore, Tamil Nadu, India – 641601.

As per the financials filed for FY 2024, the company reported a revenue of ₹48.52 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹22.11 Lakh (net margin 0.5%) and EBITDA of ₹2.83 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.

As per MCA filings, the company has open charges of ₹16.92 Cr and satisfied charges of ₹41.68 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17111TZ2002PTC010347
Registration Number 010347
Incorporation Date 25 October 2002
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Maheshkumar Spinning Mills Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    65 Kumarappapuram2Nd Street Rayapuram Extension Tirupur, Coimbatore, Tamil Nadu, India – 641601
  • Industry
    Environment, Wind Energy Solutions, Solar Energy Solutions

To see the full contact details of Maheshkumar Spinning Mills Private Limited, buy the company report.

Comprehensive company report
Maheshkumar Spinning Mills 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 activities of Maheshkumar Spinning Mills are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers textile, leather and other apparel products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of Maheshkumar Spinning Mills Private Limited, buy the company report.

Financials of Maheshkumar Spinning Mills Private Limited

FY 2024 filings available

Maheshkumar Spinning Mills Private Limited reported revenue of ₹48.52 Cr (down 9% YoY) for FY 2024.

Revenue · FY 2024
₹48.52 Cr ▼ 9%
Net profit · FY 2024
₹22.11 Lakh margin 0.5%
EBITDA · FY 2024
₹2.83 Cr margin 5.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 3%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 14%
5 years · compounded
▼ 6%

Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 2% 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₹2.83 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹22.11 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 Margin5.8%
Net Profit Margin0.5%
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 Maheshkumar Spinning Mills Private Limited, buy the company report.

Board of directors of Maheshkumar Spinning Mills Private Limited

Maheshkumar Spinning Mills has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Balasubramaniam Senthil KumarDirector25 Oct 200224 Years 0 MonthsCurrent
Ramasamy BalasubramaniamManaging Director25 Oct 200224 Years 0 MonthsCurrent
Balasubramaniam JayalakshmiDirector25 Oct 200224 Years 0 MonthsCurrent

Peer comparison

Maheshkumar Spinning Mills Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Solar Power, Textiles, Wind Power), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
BSB Woollens Private Limited₹48.61 Cr (FY 2024)42.0%Panipat, Haryana, India
Sti India Limited₹48.59 Cr (FY 2019)21.0%Indore, Madhya Pradesh, India
Maheshkumar Spinning Mills Private Limitedthis company₹48.52 Cr (FY 2024)₹22.11 Lakh0.5%-9.0%Coimbatore, Tamil Nadu, India
Sabar Cotton Private Limited₹48.5 Cr (FY 2024)-57.0%Ahmedabad, Gujarat, India
Bal Hanuman Tex Fab Private Limited₹48.45 Cr (FY 2025)349.0%Ahmedabad, Gujarat, India
Ahuja Cotspin Private Limited₹48.44 Cr (FY 2022)-24.0%Ludhiana, Punjab, India
Aravali Silk Mills Private Limited₹48.44 Cr (FY 2024)-18.0%Mumbai, Maharashtra, India
Spa Fabrics Processor Private Limited₹48.41 Cr (FY 2025)16.0%Kolkata, West Bengal, India

To see the full peer comparison of Maheshkumar Spinning Mills Private Limited, buy the company report.

Auditor

Maheshkumar Spinning Mills Private Limited is audited by T KUMAARAVELU for the financial year 2023.

Auditor firmFinancial yearFirm registration number
T KUMAARAVELUFY 2023200450

Shareholding

The shareholding of Maheshkumar Spinning Mills 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 Maheshkumar Spinning Mills Private Limited, buy the company report.

Charges & borrowings

Open charges
₹16.92 Cr
Satisfied charges
₹41.68 Cr
Breakdown by lending institutions
State Bank of India₹16.78 Cr
Others₹0.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Apr 2021100445089Others₹14.11 LakhOpen
27 Sep 2016100101737State Bank of India₹16.78 CrOpen
28 Mar 201210352048The Karur Vysya Bank Limited₹22.84 CrSatisfied
21 Mar 200390001437State Bank of India₹18.84 CrSatisfied

To see the full charge records of Maheshkumar Spinning Mills Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

Maheshkumar Spinning Mills Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 5 overdue payments to 5 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 5)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
Sree Andavar Pumps

To see the full MSME payment records of Maheshkumar Spinning Mills Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Maheshkumar Spinning Mills has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AADCM4550B1Z1Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Maheshkumar Spinning Mills Private Limited, buy the company report.

Recent activity

Maheshkumar Spinning Mills Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Balasubramaniam Jayalakshmi was appointed as Director on 25 Oct 2002.

AGM
Maheshkumar Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Maheshkumar Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with State Bank Of India of Rs. 16.78 Cr registered on 27 Sep 2016 with Charge ID 100101737 was modified on 01 Oct 2022.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100445089 was registered on 27 Apr 2021.
Charges
A charge registered on 28 Mar 2012 via Charge ID 10352048 with The Karur Vysya Bank Limited was fully satisfied on 15 Jun 2017.
Charges
A charge with State Bank Of India amounted to Rs. 16.78 Cr with Charge ID 100101737 was registered on 27 Sep 2016.
Charges
A charge registered on 21 Mar 2003 via Charge ID 90001437 with State Bank Of India was fully satisfied on 02 Sep 2014.
Charges
A charge with The Karur Vysya Bank Limited of Rs. 22.84 Cr registered on 28 Mar 2012 with Charge ID 10352048 was modified on 26 Mar 2014.
Charges
A charge with State Bank Of India of Rs. 18.84 Cr registered on 21 Mar 2003 with Charge ID 90001437 was modified on 25 Apr 2012.
Charges
A charge with The Karur Vysya Bank Limited amounted to Rs. 22.84 Cr with Charge ID 10352048 was registered on 28 Mar 2012.
Charges
A charge with State Bank Of India amounted to Rs. 18.84 Cr with Charge ID 90001437 was registered on 21 Mar 2003.
Appointed
Balasubramaniam Jayalakshmi was appointed as Director.

3 earlier events are in the company report.

Frequently asked questions

Maheshkumar Spinning Mills is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 25 October 2002 (24+ years old) and is registered under CIN U17111TZ2002PTC010347.

Maheshkumar Spinning Mills has 3 current directors:

The latest financial statements of Maheshkumar Spinning 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 2015 are in the company report.

The GSTIN of Maheshkumar Spinning Mills is 33AADCM4550B1Z1, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Maheshkumar Spinning Mills is U17111TZ2002PTC010347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maheshkumar Spinning Mills was incorporated on 25 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Maheshkumar Spinning Mills by revenue are BSB Woollens Private Limited, Sti India Limited, Sabar Cotton Private Limited, Bal Hanuman Tex Fab Private Limited, Ahuja Cotspin Private Limited and 2 more, all in the Cleantech industry (Solar Power, Textiles, Wind Power), with the same principal business activity (textile, leather and other apparel products).

Balasubramaniam Jayalakshmi was appointed as Director on 25 Oct 2002. Balasubramaniam Senthil Kumar was appointed as Director on 25 Oct 2002. Ramasamy Balasubramaniam was appointed as Managing Director on 25 Oct 2002.

Maheshkumar Spinning Mills has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 01 Jun 2019.

The registered office of Maheshkumar Spinning Mills is at 65 Kumarappapuram2Nd Street Rayapuram Extension Tirupur, Coimbatore, Tamil Nadu, India – 641601.

Maheshkumar Spinning Mills operates in the environment industry, in the wind energy solutions segment.

Maheshkumar Spinning Mills has open charges of ₹16.92 Cr and satisfied charges of ₹41.68 Cr as per latest MCA filings.