MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-20-0019289
Modern Cotton Yarn Spinners Limited
Modern Cotton Yarn Spinners Limited - home & lifestyle in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹36.15 Cr
▲ 24% YoY
Net profit · FY 2025
₹1.15 Cr
Net margin 3.2%
EBITDA · FY 2025
₹1.61 Cr
EBITDA margin 4.5%
Authorised capital
₹3.05 Cr
Registered with MCA
Paid-up capital
₹3.05 Cr
Issued & subscribed
Satisfied charges
₹20.08 Cr
No open charges
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
About Modern Cotton Yarn Spinners Limited
Data last updated:
Modern Cotton Yarn Spinners Limited is a public limited company based in Madurai, Tamil Nadu, India, a subsidiary of Bengal & Assam Company Limited. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 24 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN2005PLC057274. Its GSTIN is 33AAECM5782G1ZE (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.05 Cr and a paid-up capital of ₹3.05 Cr. It is led by directors including Nagaraju Srirama and Ashok Kumar Kinra.
Its last annual general meeting (AGM) was held on 19 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3 Madurai – Melakkal Road, Tamil Nadu, India – 625016.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.15 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Cr (net margin 3.2%) and EBITDA of ₹1.61 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 30% over five years.
The company is associated with 1 brand: JK Fenner. As per MCA filings, the company has satisfied charges of ₹20.08 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3 Cr; the latest was in August 2006. Its 3 peer companies in the Consumer Products industry (Cotton, Textile Retail and Distribution), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 1 larger and 2 smaller; the largest is Mathra Dass Grand Sons Private Limited with revenue of ₹36.24 Cr.
Modern Cotton Yarn Spinners Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-20-0019289). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17111TN2005PLC057274
Registration Number 057274
Incorporation Date 24 August 2005
ROC Chennai
Listing Status Unlisted
Company Status Active
Parent Company Bengal & Assam Company Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-20-0019289
Recognitions & Rankings of Modern Cotton Yarn Spinners
Contact details
Modern Cotton Yarn Spinners Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Madurai – Melakkal Road, Tamil Nadu, India – 625016
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Modern Cotton Yarn Spinners Limited, buy the company report.
Comprehensive company report
Modern Cotton Yarn Spinners 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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Brands
Modern Cotton Yarn Spinners operates one associated brand: JK Fenner. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs and manufactures industrial mechanical system | jkfenner.com |
Business activity
The main business activity of Modern Cotton Yarn Spinners 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 Modern Cotton Yarn Spinners Limited, buy the company report.
Financials of Modern Cotton Yarn Spinners Limited
FY 2025 filings availableModern Cotton Yarn Spinners Limited reported revenue of ₹36.15 Cr (up 24% YoY) for FY 2025.
Revenue · FY 2025
₹36.15 Cr ▲ 24%
Net profit · FY 2025
₹1.15 Cr margin 3.2%
EBITDA · FY 2025
₹1.61 Cr margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▼ 11%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 24%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 24% growth in the latest year. EBITDA fell 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.15 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 3.2% | ||||
| 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 Modern Cotton Yarn Spinners Limited, buy the company report.
Board of directors of Modern Cotton Yarn Spinners Limited
Modern Cotton Yarn Spinners has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagaraju Srirama Also directs: Southern Spinners and Processors Limited, The Sirpur Paper Mills Ltd, J.K. Fenner (India) Limited and 1 more | Director | 06 May 2013 | 13 Years 6 Months | Current |
| Ashok Kumar Kinra Also directs: Bengal & Assam Company Limited, Divyashree Company Private Limited, Dwarkesh Energy Limited and 5 more | Director | 01 Aug 2006 | 20 Years 3 Months | Current |
| Vidya Charan Shukla Also directs: Southern Spinners and Processors Limited, Ghvvr Infra Agro & Digitech Private Limited, Sridharnath Research Limited and 1 more | Director | 24 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Modern Cotton Yarn Spinners Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Cotton, Textile Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Mathra Dass Grand Sons Private Limited | ₹36.24 Cr (FY 2025) | 0.0% | Ludhiana, Punjab, India | |||
| Modern Cotton Yarn Spinners Limitedthis company | ₹36.15 Cr (FY 2025) | ₹1.15 Cr | 3.2% | 24.0% | Madurai, Tamil Nadu, India | |
| Sujitha Cotton Mills Private Limited | ₹36.09 Cr (FY 2025) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Supreme Synthetic Mills Private Limited | ₹36.06 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Modern Cotton Yarn Spinners Limited, buy the company report.
Auditor
Modern Cotton Yarn Spinners Limited is audited by SS Kothari Mehta & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SS Kothari Mehta & Company | FY 2023 | 000756N |
Shareholding
The shareholding of Modern Cotton Yarn Spinners 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modern Cotton Yarn Spinners Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹20.08 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2011 | 10300598 | Bank of Bahrain & Kuwait B.S.C | ₹6.58 Cr | Satisfied | |
| 29 Oct 2007 | 10078619 | Canara Bank | ₹13.5 Cr | Satisfied |
To see the full charge records of Modern Cotton Yarn Spinners Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Modern Cotton Yarn Spinners Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3 Cr; the latest was in August 2006.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹3 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2006 | Funding round | ₹3 Cr | Investors: Fenner (India) Limited |
| Oct 2005 | Secondary share transfer | Undisclosed | Buyer: Fenner (India) Limited Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Modern Cotton Yarn Spinners Limited has 5 court cases on record: 2 filed by Modern Cotton Yarn Spinners, 3 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2409-Indirect Taxation : Matters Challenging validity of Indirect Tax Statutes, Circulars, Orders, Notifications, Rules) | Filed by the company against The State of Tamil Nadu . Rep. by Its Secretary to Government, Energy , District: Fort St. George ,Chennai , Tamil Nadu and 1 other | Pending |
| District court, Karur, Tamil Nadu | Arbitration matter | Filed by the company against The Karur District Collector and Sole Arbitrator(La) and 3 Others and 3 others | Disposed |
| District court, Tiruchirappalli, Tamil Nadu | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Tiruchirappalli, Tamil Nadu | Court case (ID) | Filed against the company by an individual | Disposed |
| District court, Tiruchirappalli, Tamil Nadu | Court case (ID) | Filed against the company by an individual | Disposed |
To see the full case history of Modern Cotton Yarn Spinners 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modern Cotton Yarn Spinners Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modern Cotton Yarn Spinners has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECM5782G1ZE | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modern Cotton Yarn Spinners Limited, buy the company report.
Recent activity
Modern Cotton Yarn Spinners Limited has 17 board changes on record since 2005: 10 appointments and 7 cessations. The latest: Vasudevan Rengaswamy ceased to be Director on 24 Oct 2019.
AGM
Modern Cotton Yarn Spinners Limited last Annual general meeting of members was held on 19 Aug 2025 as per latest MCA records.
Filing
Modern Cotton Yarn Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge registered on 29 Oct 2007 via Charge ID 10078619 with Canara Bank was fully satisfied on 17 Aug 2024.
Charges
A charge registered on 20 Jun 2011 via Charge ID 10300598 with Bank Of Bahrain & Kuwait B.S.C was fully satisfied on 24 Sep 2020.
Ceased
Vasudevan Rengaswamy ceased to be Director.
Appointed
Vidya Charan Shukla was appointed as Director.
Ceased
Krishnan Raman ceased to be Director.
Appointed
Vasudevan Rengaswamy was appointed as Director.
Charges
A charge with Canara Bank of Rs. 13.50 Cr registered on 29 Oct 2007 with Charge ID 10078619 was modified on 26 Jul 2014.
Appointed
Nagaraju Srirama was appointed as Director.
Ceased
Ravichandran Natarajan Alampundi ceased to be Director.
Charges
A charge with Bank Of Bahrain & Kuwait B.S.C amounted to Rs. 6.58 Cr with Charge ID 10300598 was registered on 20 Jun 2011.
13 earlier events are in the company report.
Frequently asked questions
Modern Cotton Yarn Spinners is an active public limited company based in Madurai, Tamil Nadu, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 24 August 2005 (21+ years old) and is registered under CIN U17111TN2005PLC057274.
Modern Cotton Yarn Spinners has 3 current directors:
- Nagaraju Srirama - Director
- Ashok Kumar Kinra - Director
- Vidya Charan Shukla - Director
The latest financial statements of Modern Cotton Yarn Spinners on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Modern Cotton Yarn Spinners is 33AAECM5782G1ZE, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Modern Cotton Yarn Spinners is U17111TN2005PLC057274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Cotton Yarn Spinners has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Modern Cotton Yarn Spinners was incorporated on 24 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
Modern Cotton Yarn Spinners has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3 Cr; the latest was in August 2006.
The peers of Modern Cotton Yarn Spinners by revenue are Mathra Dass Grand Sons Private Limited, Sujitha Cotton Mills Private Limited, Supreme Synthetic Mills Private Limited, all in the Consumer Products industry (Cotton, Textile Retail and Distribution), with the same principal business activity (textile, leather and other apparel products).
Vasudevan Rengaswamy ceased to be Director on 24 Oct 2019. Vidya Charan Shukla was appointed as Director on 24 Oct 2019. Krishnan Raman ceased to be Director on 19 Nov 2014. Modern Cotton Yarn Spinners has 17 board changes on record in total.
Yes, Modern Cotton Yarn Spinners is registered as a small enterprise under Udyam registration (number: UDYAM-TN-20-0019289).
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