MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-28-0002925
Meera Textiles Private Limited - manufacturing in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹43.58 Cr
▼ 17% YoY
Net profit · FY 2024
₹1.1 Cr
Net margin 2.5%
EBITDA · FY 2024
₹3.44 Cr
EBITDA margin 7.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹99 Lakh
Issued & subscribed
Open charges
₹31.78 Cr
Satisfied ₹31.91 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
127
Provident fund records
About Meera Textiles Private Limited
Data last updated:
Meera Textiles Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1986PTC001750. Its GSTIN is 33AABCM9581E1ZG (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99 Lakh. It is led by directors Nagarajan Arthi and Kunnathur Ponnusamy Sivakumar.
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 Tirupur, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.58 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.1 Cr (net margin 2.5%) and EBITDA of ₹3.44 Cr (EBITDA margin 7.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 10% over five years.
The company has about 127 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31.78 Cr and satisfied charges of ₹31.91 Cr on record. Court records list 38 cases involving the company, including 31 filed by the company and 7 filed against it; 4 cases are pending. The company has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹65 Lakh; the latest was in February 2023. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 4 smaller; the largest is Sara Collections Private Limited with revenue of ₹43.66 Cr.
Meera Textiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0002925). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meeratextiles.com.
Company details
CIN U17111TZ1986PTC001750
Registration Number 001750
Incorporation Date 24 February 1986
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-28-0002925
Recognitions & Rankings of Meera Textiles
Contact details
Meera Textiles Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is meeratextiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.A3 Cendwin Apartment Kaliyappa Nagar 2nd Street Amarjothi Garden Kangayam R, Oad, Tirupur, Tamil Nadu, India – 641604
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Meera Textiles Private Limited, buy the company report.
Comprehensive company report
Meera Textiles 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 Meera Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Meera Textiles Private Limited, buy the company report.
Financials of Meera Textiles Private Limited
FY 2024 filings availableMeera Textiles Private Limited reported revenue of ₹43.58 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹43.58 Cr ▼ 17%
Net profit · FY 2024
₹1.1 Cr margin 2.5%
EBITDA · FY 2024
₹3.44 Cr margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 4%
5 years · compounded
▼ 10%
EBITDA CAGR growth
3 years · compounded
▼ 10%
5 years · compounded
▼ 4%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 17% fall 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
| 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 | ₹3.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.1 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 Meera Textiles Private Limited, buy the company report.
Board of directors of Meera Textiles Private Limited
Meera Textiles has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagarajan Arthi Also directs: Meera Textile India LLP | Director | 15 Feb 2018 | 8 Years 8 Months | Current |
| Kunnathur Ponnusamy Sivakumar Also directs: Meera Textile India LLP, Country Side Land Developer LLP, Sri Velliyangiriandvar Enterprises Private Limited and 1 more | Director | 17 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Meera Textiles Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sara Collections Private Limited | ₹43.66 Cr (FY 2024) | -17.0% | New Delhi, Delhi, India | |||
| Viney Knitwears Private Limited | ₹43.64 Cr (FY 2025) | -9.0% | Ludhiana, Punjab, India | |||
| MSP Knit Garments Private Limited | ₹43.64 Cr (FY 2024) | -11.0% | Tiruppur, Tamil Nadu, India | |||
| Meera Textiles Private Limitedthis company | ₹43.58 Cr (FY 2024) | ₹1.1 Cr | 2.5% | -17.0% | 127 | Tirupur, Tamil Nadu, India |
| Jalan Jee Poly Tex Limited | ₹43.56 Cr (FY 2025) | 11.0% | Gorakhpur, Uttar Pradesh, India | |||
| Mangal Cotton Mills Private Limited | ₹43.54 Cr (FY 2025) | -6.0% | Ahmedabad, Gujarat, India | |||
| Jeenam Cotton Private Limited | ₹43.47 Cr (FY 2017) | 8.0% | Morbi, Gujarat, India | |||
| Omtara Designs Private Limited | ₹43.41 Cr (FY 2025) | 21.0% | Delhi, India |
To see the full peer comparison of Meera Textiles Private Limited, buy the company report.
Auditor
Meera Textiles Private Limited is audited by V LOGANATHAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V LOGANATHAN | FY 2023 | 211300 |
Shareholding
The shareholding of Meera Textiles 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meera Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹31.78 Cr
Satisfied charges
₹31.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2022 | 100660019 | Others | ₹4.75 Cr | Open | |
| 15 Mar 2021 | 100434565 | Others | ₹15 Lakh | Open | |
| 25 Feb 2021 | 100436749 | Axis Bank Limited | ₹26.38 Cr | Open | |
| 10 Aug 2020 | 100359208 | Others | ₹50 Lakh | Open | |
| 16 May 2011 | 10291578 | Others | ₹11.98 Cr | Satisfied |
To see the full charge records of Meera Textiles Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Meera Textiles Private Limited has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹65 Lakh; the latest was in February 2023.
Total deals
8
Secondary share transfers
7
Funding round
1
Disclosed funding
₹65 Lakh
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Meera Textile India LLP |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2019 | Funding round | ₹65 Lakh | Investors: Meera Textile India LLP , 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Meera Textiles Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Meera Textiles Private Limited has 38 court cases on record: 31 filed by Meera Textiles, 7 filed against it. 4 cases are pending and 34 are disposed.
Total cases
38
Filed by the company
31
Filed against the company
7
Pending
4
Disposed
34
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 6 | 0 |
| District courts | 17 | 1 | 4 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed by the company against S.Muthukumar.,Prop. for M/S.Rhythim Fabrics | Pending |
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed by the company against R.Eswaramoorthi.,Prop.Of M/S.R.K.Textiles | Pending |
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed by the company against George Glory Proprietor Frank Exports | Pending |
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Tamil Nadu Electricity Regulatory Commission and 4 others | Disposed |
To see the full case history of Meera Textiles Private 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.
Credit ratings & regulatory alerts
Meera Textiles Private Limited was last rated by Crisil on 27 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Aug 2021 |
To see the full credit ratings and regulatory alerts of Meera Textiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Meera Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Meera Textiles Private Limited has a workforce of 127 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
127
Active EPFO establishments
1
Employee growth
-22.56%
GST
Meera Textiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCM9581E1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meera Textiles Private Limited, buy the company report.
Recent activity
Meera Textiles Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Kunnathur Selambanna Ponnusamy ceased to be Additional Director on 30 Jan 2021.
AGM
Meera Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Meera Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Axis Bank Limited of Rs. 26.38 Cr registered on 25 Feb 2021 with Charge ID 100436749 was modified on 17 Jul 2023.
Charges
A charge registered on 16 May 2011 via Charge ID 10291578 with Others was fully satisfied on 22 Jun 2023.
Charges
A charge with Others amounted to Rs. 4.75 Cr with Charge ID 100660019 was registered on 17 Oct 2022.
Charges
A charge with Others of Rs. 11.98 Cr registered on 16 May 2011 with Charge ID 10291578 was modified on 29 Apr 2021.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100434565 was registered on 15 Mar 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 26.38 Cr with Charge ID 100436749 was registered on 25 Feb 2021.
Ceased
Kunnathur Selambanna Ponnusamy ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100359208 was registered on 10 Aug 2020.
Ceased
Nagarajan Arthi ceased to be Additional Director.
Appointed
Nagarajan Arthi was appointed as Director.
9 earlier events are in the company report.
Frequently asked questions
Meera Textiles is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 February 1986 (40+ years old) and is registered under CIN U17111TZ1986PTC001750.
Meera Textiles has 2 current directors:
- Nagarajan Arthi - Director
- Kunnathur Ponnusamy Sivakumar - Director
The latest financial statements of Meera Textiles 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 Meera Textiles is 33AABCM9581E1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Meera Textiles is U17111TZ1986PTC001750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meera Textiles has 38 court cases on record: 31 filed by the company and 7 filed against it. 4 are pending. Most are in the high courts.
Meera Textiles was incorporated on 24 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Coimbatore.
Meera Textiles has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹65 Lakh; the latest was in February 2023.
The peers of Meera Textiles by revenue are Sara Collections Private Limited, Viney Knitwears Private Limited, MSP Knit Garments Private Limited, Jalan Jee Poly Tex Limited, Mangal Cotton Mills Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kunnathur Selambanna Ponnusamy ceased to be Additional Director on 30 Jan 2021. Nagarajan Arthi ceased to be Additional Director on 29 Sep 2018. Nagarajan Arthi was appointed as Director on 15 Feb 2018. Meera Textiles has 7 board changes on record in total.
Yes, Meera Textiles is registered as a small enterprise under Udyam registration (number: UDYAM-TN-28-0002925).
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