About KG Fabriks Limited
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KG Fabriks Limited was a public limited company based in Erode, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 December 1994.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65999TZ1994PLC005630. Its GSTIN is 33AAACK9185D1ZL (Tamil Nadu). The company held 6 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹24 Cr and a paid-up capital of ₹22.11 Cr. It was formerly known as Southern Technologies Limited and K. G. Denim Finance Limited. It was led by directors including Ayyalusamy Velusamy (Whole-Time Director) and Annamaili Ponnusamy Seturaaman.
Its last annual general meeting (AGM) was held on 25 September 2018, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Plot No.Ff – 1 Sipcot Industrial Growth Centre, Erode, Tamil Nadu, India – 638052.
As per the financials filed for FY 2018, the company reported a revenue of ₹173.5 Cr. For the same year it recorded a net loss of ₹4.38 Cr (net margin -2.5%) and EBITDA of ₹6.9 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
The company had about 17 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: KG Fabriks. As per MCA filings, the company had satisfied charges of ₹48.71 Cr on record. Court records list 121 cases involving the company, including 106 filed by the company and 15 filed against it; 19 cases are pending.
The last known website on record is kgfabriks.com.
Company details
Name history
KG Fabriks has undergone 2 name changes throughout its history. The company was previously known as Southern Technologies Limited, and K. G. Denim Finance Limited. The current legal name is Kg Fabriks Limited.
| Company Name | Status |
|---|---|
| KG Fabriks Limited | Current |
| Southern Technologies Limited | Previous |
| K. G. Denim Finance Limited | Previous |
Contact details
KG Fabriks Limited's registered office is in Erode, Tamil Nadu. Its website is kgfabriks.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPlot No.Ff – 1 Sipcot Industrial Growth Centre, Erode, Tamil Nadu, India – 638052
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of KG Fabriks Limited, buy the company report.
- 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
Brands
KG Fabriks operates one associated brand: KG Fabriks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| kgfabriks.com |
Business activity
The main business activity of KG Fabriks 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 KG Fabriks Limited, buy the company report.
Financials of KG Fabriks Limited
FY 2019 filings availableKG Fabriks Limited reported revenue of ₹173.5 Cr for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over three years. EBITDA fell 63% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹173.5 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹6.9 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.38 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4% | |||
| 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 KG Fabriks Limited, buy the company report.
Board of directors and KMP of KG Fabriks Limited
KG Fabriks Limited currently reports 6 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kinatinkara Jayaraj Also directs: Sri Kannapiran Mills Limited | Company Secretary | 01 Nov 2019 | 6 Years 11 Months | As last reported |
| Annamaili Ponnusamy Seturaaman | Director | 01 Jun 2018 | 8 Years 4 Months | As last reported |
| Vairavan Arunachalam Also directs: Nelliyaan Commodities Private Limited | Director | 01 Jun 2018 | 8 Years 4 Months | As last reported |
| Ramaswamy Selvakumar Also directs: Ramhari Orchids LLP, K G Denim Limited | Director | 20 Mar 2015 | 11 Years 7 Months | As last reported |
| Ayyalusamy Velusamy | Whole-Time Director | 14 Mar 1998 | 28 Years 7 Months | As last reported |
| Govindaswamynaidu Balakrishnan | Director | 23 Mar 2005 | 21 Years 7 Months | As last reported |
Peer comparison
KG Fabriks Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Karnika Industries Limited | ₹176.28 Cr (FY 2025) | 37.0% | Howrah, West Bengal, India | |||
| P.A.R.K Industries Private Limited | ₹174.91 Cr (FY 2025) | 8.0% | Delhi, India | |||
| Shivay Spinning Mill Private Limited | ₹174.06 Cr (FY 2025) | -5.0% | Hinganghat, Maharashtra, India | |||
| KG Fabriks Limitedthis company | ₹173.5 Cr (FY 2018) | -₹4.38 Cr | -2.5% | Erode, Tamil Nadu, India | ||
| GTN Industries Limited | ₹173.27 Cr (FY 2025) | -7.0% | Medak, Telangana, India | |||
| Cheran Spinning Mills Private Limited | ₹172.62 Cr (FY 2025) | 11.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of KG Fabriks Limited, buy the company report.
Auditor
KG Fabriks Limited is audited by GOPALAIYER AND SUBRAMANIAN for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOPALAIYER AND SUBRAMANIAN | FY 2018 | 000960S |
Shareholding
The shareholding of KG Fabriks Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of KG Fabriks Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2015 | 10594708 | Icici Bank Limited | ₹8.04 Lakh | Satisfied | |
| 27 Jun 2011 | 10297492 | Indian Overseas Bank | ₹8.7 Cr | Satisfied | |
| 31 Mar 2008 | 10100191 | Canara Bank | ₹12.77 Cr | Satisfied | |
| 31 Mar 2006 | 10003588 | Indian Overseas Bank | ₹2.5 Cr | Satisfied | |
| 03 Oct 2005 | 80004208 | Others | ₹24.66 Cr | Satisfied |
To see the full charge records of KG Fabriks Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
KG Fabriks Limited has 121 court cases on record: 106 filed by KG Fabriks, 15 filed against it. 19 cases are pending and 102 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 90 | 0 | 19 |
| High courts | 30 | 15 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 121)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed by the company against Punnu Synthetics Pvt Ltd, 4A | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed by the company against Ms Scotts Garments Ltd | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed by the company against M/S Scotts Garments Ltd | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed by the company against Msscotts Garments Ltd | Pending |
To see the full case history of KG Fabriks 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
KG Fabriks Limited was last rated by Icra on 30 Dec 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Dec 2015 |
To see the full credit ratings and regulatory alerts of KG Fabriks Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for KG Fabriks Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
KG Fabriks has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACK9185D1ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of KG Fabriks Limited, buy the company report.
Recent activity
KG Fabriks Limited has 20 board changes on record since 1998: 7 appointments and 13 cessations. The latest: Kinatinkara Jayaraj was appointed as Company Secretary on 01 Nov 2019.
25 earlier events are in the company report.
Frequently asked questions
KG Fabriks has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
KG Fabriks was a public limited company based in Erode, Tamil Nadu, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 23 December 1994 and is registered under CIN U65999TZ1994PLC005630. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
KG Fabriks was incorporated on 23 December 1994. It is registered with the Registrar of Companies, Coimbatore.
KG Fabriks had 7 directors and KMP:
- Ayyalusamy Velusamy - Whole-Time Director
- Annamaili Ponnusamy Seturaaman - Director
- Vairavan Arunachalam - Director
- Ramaswamy Selvakumar - Director
- Govindaswamynaidu Balakrishnan - Director
- Rajesh Raghupathi - Director
- Kinatinkara Jayaraj - Company Secretary
The CIN (Corporate Identification Number) of KG Fabriks is U65999TZ1994PLC005630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of KG Fabriks is at Plot No.Ff – 1 Sipcot Industrial Growth Centre, Erode, Tamil Nadu, India – 638052.
KG Fabriks can be reached through the website kgfabriks.com. Its registered office is in Erode, Tamil Nadu, India.
The latest financial statements of KG Fabriks on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 25 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of KG Fabriks is 33AAACK9185D1ZL, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
KG Fabriks operated in the manufacturing industry, in the textile and fabric production segment.
The peers of KG Fabriks by revenue are Karnika Industries Limited, P.A.R.K Industries Private Limited, Shivay Spinning Mill Private Limited, GTN Industries Limited, Cheran Spinning Mills Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).