Maxis Textile Private Limited

Maxis Textile Private Limited - manufacturing in Komarapalayam, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17100TZ2015PTC021404 Incorporated 21 May 2015 ROC Coimbatore HQ Komarapalayam, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹4.19 Cr
▼ 60% YoY
Net profit · FY 2024
₹22,277
Net margin 0.1%
EBITDA · FY 2024
₹16.49 Lakh
EBITDA margin 3.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹19.5 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
34
Provident fund records

About Maxis Textile Private Limited

Data last updated:

Maxis Textile Private Limited is a private limited company based in Komarapalayam, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 May 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17100TZ2015PTC021404. Its GSTIN is 33AAVCS8008A1ZE (Tamil Nadu).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Sathish Handkerchiief Private Limited. It is led by directors Sekar Sudha (Managing Director) and Murungaikadu Subramani Sathishraj (Whole-Time Director).

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 Komarapalayam, Tamil Nadu.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.19 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹22,277 (net margin 0.1%) and EBITDA of ₹16.49 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 464% over three years and 13% over five years.

The company has about 34 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹19.5 Lakh on record.

Maxis Textile Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-14-0004661). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sathishtex.com.

Company Details of Maxis Textile Private Limited
CIN U17100TZ2015PTC021404
Registration Number 021404
Incorporation Date 21 May 2015
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
MSME Classification Small
Udyam Registration UDYAM-TN-14-0004661
Key People
Sekar Sudha Managing Director Murungaikadu Subramani Sathishraj Whole-Time Director

Recognitions & Rankings of Maxis Textile

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-14-0004661
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    sathishtex.com
  • Social Media
    Locked
  • Registered Address
    1/ 179 – 3 /1 Kulathukadu NH 544 Bypass Road Back Side To Sri Shanmuga Auto Service (, Bpcl Bunk), Komarapalayam, Tamil Nadu, India – 638183
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Maxis Textile Private Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Business Activity of Maxis Textile Private Limited

The main business activity of Maxis Textile is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Maxis Textile Private Limited FY 2024 filings available

Maxis Textile Private Limited reported revenue of ₹4.19 Cr (down 60% YoY) for FY 2024.

Revenue · FY 2024
₹4.19 Cr ▼ 60%
Net profit · FY 2024
₹22,277 margin 0.1%
EBITDA · FY 2024
₹16.49 Lakh margin 3.9%

Compounded Annual Growth Rate (CAGR) of Maxis Textile Private Limited

Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▲ 464%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 121%
5 years · compounded
▲ 48%

Revenue fell 60% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 27% 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 Maxis Textile Private Limited

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₹16.49 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹22,277••••••••••••••••
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 Maxis Textile Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.9%••••••••••••••••
Net Profit Margin0.1%••••••••••••••••
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••••••••••••••••••••

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 Maxis Textile are in the company report.

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Financial statements from FY 2016

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Board of Directors of Maxis Textile Private Limited

Maxis Textile has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Murungaikadu Subramani Sathishraj
Also directs: TMM Hi-Tech Research & Development Foundation, Maxis Auto Limited
Whole-Time Director21 May 201511 Years 4 MonthsCurrent
Sekar Sudha
Also directs: Maxis Auto Limited, Ramesh Yarrns India Private Limited, Sathyasudha Shares Private Limited
Managing Director27 Nov 20232 Years 10 MonthsCurrent
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Peer Comparison of Maxis Textile Private Limited

Maxis Textile Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Avish Fashion Private Limited₹4.2 Cr (FY 2025)••••••••96.0%••••Tirupur, Tamil Nadu, India
RVCB Industries Private Limited₹4.19 Cr (FY 2025)••••••••-12.0%••••Kolkata, West Bengal, India
Bhagesh Creation Private Limited₹4.19 Cr (FY 2024)••••••••-7.0%••••Surat, Gujarat, India
Ajanta Handtex Private Limited₹4.19 Cr (FY 2025)••••••••-10.0%••••Uttar Pradesh, India
Navjut Fashions Private Limited₹4.19 Cr (FY 2024)••••••••76.0%••••Jodhpur, Rajasthan, India
Maxis Textile Private Limited this company₹4.19 Cr (FY 2024)••••••••-60.0%••••Komarapalayam, Tamil Nadu, India
Shree Aditya Syntex Pvt Ltd₹4.19 Cr (FY 2025)••••••••15.0%••••Mumbai, Maharashtra, India
Avanee Retail Private Limited₹4.19 Cr (FY 2024)••••••••49.0%••••Hyderabad, Telangana, India
Shree Chakkra Devi Mills Private Limited₹4.19 Cr (FY 2019)••••••••-14.0%••••Salem, Tamil Nadu, India
Smridhi Impex Private Limited₹4.18 Cr (FY 2025)••••••••21.0%••••New Delhi, Delhi, India
Kaamakhya Creations Private Limited₹4.18 Cr (FY 2025)••••••••41.0%••••Surat, Gujarat, India

Peers are the five companies nearest above and the five nearest below Maxis Textile by revenue in the Manufacturing industry (Textiles), 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 Maxis Textile Private Limited

Maxis Textile Private Limited is audited by S.A.RAMAKRISHNAN for the financial year 2023.

NameStatusAppointment DateCessation Date
S.A.RAMAKRISHNANLockedLockedLocked
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Ownership and Shareholding of Maxis Textile Private Limited

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Charges & Borrowings of Maxis Textile Private Limited

Open charges
₹19.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.20 Cr
Latest charge details
DateLenderAmountStatus
04 Jun 2025Others₹19.5 LakhOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Maxis Textile Private Limited

Maxis Textile Private Limited has a workforce of 34 employees as of Apr 01, 2024.

Employee count
34
Active EPFO establishments
1
Employee growth
61.9%
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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 Maxis Textile Private Limited

Maxis Textile Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Ammasaigounder Subramani ceased to be Whole-Time Director on 18 Dec 2023.

Charges
A charge with Others amounted to Rs. 19.50 Lakh with Charge ID 101134044 was registered on 04 Jun 2025.
AGM
Maxis Textile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Maxis Textile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Ceased
Ammasaigounder Subramani ceased to be Whole-Time Director.
Ceased
Sekar Sudha ceased to be Director.
Appointed
Sekar Sudha was appointed as Managing Director.
Appointed
Murungaikadu Subramani Sathishraj was appointed as Whole-Time Director.
Incorporation
21 May 2015
Maxis Textile Private Limited was registered on 21 May 2015 with Roc Coimbatore & aged 11 years 5 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Maxis Textile Private Limited

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MSME Payment Delays by Maxis Textile Private Limited

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Subsidiaries & Group Companies of Maxis Textile Private Limited

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GST Compliance of Maxis Textile Private Limited

Maxis Textile has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAVCS8008A1ZETamil NaduActive01 Jul 2017
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MCA Filings & Documents of Maxis Textile Private Limited

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Frequently Asked Questions about Maxis Textile Private Limited

Maxis Textile is an active private limited company based in Komarapalayam, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 May 2015 (11+ years old) and is registered under CIN U17100TZ2015PTC021404.

Maxis Textile reported revenue of ₹4.19 Cr for FY 2024 (down 60% YoY).

Maxis Textile has 2 current directors:

Maxis Textile reported a net profit of ₹22,277 (net margin 0.1%) and EBITDA of ₹16.49 Lakh (EBITDA margin 3.9%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Maxis Textile is 464% over three years and 13% over five years. In the latest year (FY 2024) revenue fell 60%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Maxis Textile is 33AAVCS8008A1ZE, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Maxis Textile is U17100TZ2015PTC021404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maxis Textile was incorporated on 21 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Maxis Textile by revenue are Avish Fashion Private Limited, RVCB Industries Private Limited, Bhagesh Creation Private Limited, Ajanta Handtex Private Limited, Navjut Fashions Private Limited and 5 more, all in the Manufacturing industry (Textiles).

Ammasaigounder Subramani ceased to be Whole-Time Director on 18 Dec 2023. Sekar Sudha ceased to be Director on 17 Dec 2023. Sekar Sudha was appointed as Managing Director on 27 Nov 2023. Maxis Textile has 4 board changes on record in total.

Yes, Maxis Textile is registered as a small enterprise under Udyam registration (number: UDYAM-TN-14-0004661).

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