MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-07-0016295
Malar Silks Private Limited - fashion and textile in Erode, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹37.46 Cr
▲ 6% YoY
Net profit · FY 2024
₹1.34 Cr
Net margin 3.6%
EBITDA · FY 2024
₹2.22 Cr
EBITDA margin 5.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹3 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
178
Provident fund records
About Malar Silks Private Limited
Data last updated:
Malar Silks Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 05 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U70200TZ2013PTC019228. Its GSTIN is 33AAICM4740L1ZB (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Malar Garden Developers (India) Private Limited. It is led by directors including Shanmugam Periasamy (Managing Director) and Chinnasamy Thangavel.
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 D.No.118 3rd Floor Nethaji Vaniga Maiyam R.K.V.Road, Erode, Tamil Nadu, India – 638001.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.46 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Cr (net margin 3.6%) and EBITDA of ₹2.22 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 429% over five years.
The company has about 178 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3 Cr on record.
Malar Silks Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-07-0016295). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website malarsilks.com.
Company Details of Malar Silks Private Limited
CIN U70200TZ2013PTC019228
Registration Number 019228
Incorporation Date 05 March 2013
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-07-0016295
Name History of Malar Silks Private Limited
Malar Silks has undergone 2 name changes throughout its history. The company was previously known as Malar Garden Developers (India) Private Limited, and Malar Silks Private Limited. The current legal name is Malar Silks Private Limited.
| Company Name | Status |
|---|---|
| Malar Silks Private Limited | Current |
| Malar Garden Developers (India) Private Limited | Previous |
Key People
Shanmugam Periasamy Managing Director Chinnasamy Thangavel Director Sukiramaniyampalayam Shanmugam Krishnakumar Director Recognitions & Rankings of Malar Silks
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD.No.118 3rd Floor Nethaji Vaniga Maiyam R.K.V.Road, Erode, Tamil Nadu, India – 638001
- IndustryFashion and Textile, Fashion Retail
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Business Activity of Malar Silks Private Limited
The main business activity of Malar Silks is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Malar Silks Private Limited FY 2025 filings available
Malar Silks Private Limited reported revenue of ₹37.46 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹37.46 Cr ▲ 6%
Net profit · FY 2024
₹1.34 Cr margin 3.6%
EBITDA · FY 2024
₹2.22 Cr margin 5.9%
Compounded Annual Growth Rate (CAGR) of Malar Silks Private Limited
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 33%
5 years · compounded
▲ 429%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 97%
5 years · compounded
▲ 408%
Revenue has grown at a compounded annual rate (CAGR) of 429% over five years, including 6% growth in the latest year. EBITDA rose 10% 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 of Malar Silks Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.22 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.34 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 of Malar Silks Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Malar Silks are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Malar Silks Private Limited
Malar Silks has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinnasamy Thangavel | Director | 05 Mar 2013 | 13 Years 7 Months | Current |
| Sukiramaniyampalayam Shanmugam Krishnakumar | Director | 05 Mar 2013 | 13 Years 7 Months | Current |
| Ramasamy Gounder Manoharan | Director | 05 Mar 2013 | 13 Years 7 Months | Current |
| Shanmugam Periasamy | Managing Director | 05 Mar 2013 | 13 Years 7 Months | Current |
Peer Comparison of Malar Silks Private Limited
Malar Silks Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Katyayan Mercantile and Trading Private Limited | ₹37.84 Cr (FY 2023) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Nandram Gajanand Private Limited | ₹37.73 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Ludhiana, Punjab, India |
| Srinivasa Garment Private Limited | ₹37.69 Cr (FY 2023) | •••• | •••• | -38.0% | •••• | Coimbatore, Tamil Nadu, India |
| Thalassery Lulu Sarees and Textiles Private Limited | ₹37.54 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Thalassery, Kerala, India |
| Shree Texcreation Private Limited | ₹37.48 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Jodhpur, Rajasthan, India |
| Malar Silks Private Limited this company | ₹37.46 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Erode, Tamil Nadu, India |
| Arp Texfin Enterprise Private Limited | ₹37.41 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| Shyam Rexin Trading Private Limited | ₹37.3 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Ramshyam Home Tex Private Limited | ₹37.3 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Sanyam Organizers Private Limited | ₹37.26 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Surat, Gujarat, India |
| Namah Fashions Private Limited | ₹37.24 Cr (FY 2019) | •••• | •••• | -20.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Malar Silks by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Malar Silks Private Limited
Malar Silks Private Limited is audited by CHINNAYAN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHINNAYAN & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Malar Silks Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Malar Silks Private Limited
Open charges
₹3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2021 | Others | ₹3 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Malar Silks Private Limited
Malar Silks Private Limited has a workforce of 178 employees as of Apr 07, 2024.
Employee count
178
Active EPFO establishments
1
Employee growth
-4.81%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Malar Silks Private Limited
Malar Silks Private Limited has 6 board changes on record since 2013: 5 appointments and 1 cessation. The latest: Sugirmaniampalayam Ramanagounder Shanmugam ceased to be Director on 26 Jun 2022.
AGM
Malar Silks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Malar Silks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Ceased
Sugirmaniampalayam Ramanagounder Shanmugam ceased to be Director.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 27 Jul 2021 with Charge ID 100477702 was modified on 04 May 2022.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100477702 was registered on 27 Jul 2021.
Appointed
Chinnasamy Thangavel was appointed as Director.
Appointed
Ramasamy Gounder Manoharan was appointed as Director.
Appointed
Shanmugam Periasamy was appointed as Managing Director.
Appointed
Sugirmaniampalayam Ramanagounder Shanmugam was appointed as Director.
Appointed
Sukiramaniyampalayam Shanmugam Krishnakumar was appointed as Director.
Incorporation
05 Mar 2013
Malar Silks Private Limited was registered on 05 Mar 2013 with Roc Coimbatore & aged 13 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Malar Silks Private Limited
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MSME Payment Delays by Malar Silks Private Limited
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Subsidiaries & Group Companies of Malar Silks Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Malar Silks Private Limited
Malar Silks has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICM4740L1ZB | Tamil Nadu | Active | 28 Nov 2019 |
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MCA Filings & Documents of Malar Silks Private Limited
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Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Malar Silks Private Limited
Malar Silks is an active private limited company based in Erode, Tamil Nadu, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 05 March 2013 (13+ years old) and is registered under CIN U70200TZ2013PTC019228.
Malar Silks reported revenue of ₹37.46 Cr for FY 2024 (up 6% YoY).
Malar Silks has 4 current directors:
- Shanmugam Periasamy - Managing Director
- Chinnasamy Thangavel - Director
- Sukiramaniyampalayam Shanmugam Krishnakumar - Director
- Ramasamy Gounder Manoharan - Director
Malar Silks reported a net profit of ₹1.34 Cr (net margin 3.6%) and EBITDA of ₹2.22 Cr (EBITDA margin 5.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Malar Silks is 33% over three years and 429% over five years. In the latest year (FY 2024) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Malar Silks is 33AAICM4740L1ZB, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Malar Silks is U70200TZ2013PTC019228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malar Silks was incorporated on 05 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Malar Silks by revenue are Katyayan Mercantile and Trading Private Limited, Nandram Gajanand Private Limited, Srinivasa Garment Private Limited, Thalassery Lulu Sarees and Textiles Private Limited, Shree Texcreation Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Sugirmaniampalayam Ramanagounder Shanmugam ceased to be Director on 26 Jun 2022. Chinnasamy Thangavel was appointed as Director on 05 Mar 2013. Ramasamy Gounder Manoharan was appointed as Director on 05 Mar 2013. Malar Silks has 6 board changes on record in total.
Yes, Malar Silks is registered as a small enterprise under Udyam registration (number: UDYAM-TN-07-0016295).