Obli Spinning Mills Private Limited
About Obli Spinning Mills Private Limited
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Obli Spinning Mills Private Limited is a private limited company based in Namakkal Dt, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 May 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1981PTC001055. Its GSTIN is 33AAACO3027A1ZA (Tamil Nadu).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Rangasamychetty Thiagarajan and Thiagarajan Jayalalitha.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 44/3 East Colonypallipalayam Road Komarapalayam, Namakkal Dt, Tamil Nadu, India – 638581.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.97 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹14.17 Lakh (net margin -2.8%) and EBITDA of ₹6.08 Lakh (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.2 Cr and satisfied charges of ₹4.21 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Obli Spinning Mills Private Limited's registered office is in Namakkal Dt, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address44/3 East Colonypallipalayam Road Komarapalayam, Namakkal Dt, Tamil Nadu, India – 638581
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Obli Spinning Mills Private 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
Business activity
The main business activity of Obli Spinning Mills 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 Obli Spinning Mills Private Limited, buy the company report.
Financials of Obli Spinning Mills Private Limited
FY 2018 filings availableObli Spinning Mills Private Limited reported revenue of ₹4.97 Cr (down 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 20% fall in the latest year. EBITDA fell 66% 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 | ₹4.97 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹6.08 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹14.17 Lakh | |||
| 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 | 1.2% | |||
| Net Profit Margin | -2.8% | |||
| 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 Obli Spinning Mills Private Limited, buy the company report.
Board of directors of Obli Spinning Mills Private Limited
Obli Spinning Mills has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangasamychetty Thiagarajan Also directs: Obliraja Textiles Private Limited | Director | 11 May 1981 | 45 Years 5 Months | Current |
| Thiagarajan Jayalalitha Also directs: Obliraja Textiles Private Limited | Director | 26 Jan 1996 | 30 Years 8 Months | Current |
Peer comparison
Obli Spinning Mills Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Tirupati Fibres and Industries Ltd | ₹4.98 Cr (FY 2025) | 179.0% | Sirohi, Rajasthan, India | |||
| Vrundavan Synthetics Private Limited | ₹4.97 Cr (FY 2024) | -24.0% | Bhilwara, Rajasthan, India | |||
| Sangeeta Textile Industries Private Limited | ₹4.97 Cr (FY 2024) | 18.0% | Mumbai, Maharashtra, India | |||
| Datson Textile Industries Pvt Ltd | ₹4.97 Cr (FY 2024) | 8.0% | Mumbai, Maharashtra, India | |||
| Obli Spinning Mills Private Limitedthis company | ₹4.97 Cr (FY 2018) | -₹14.17 Lakh | -2.8% | -20.0% | 29 | Namakkal Dt, Tamil Nadu, India |
| Shambhu Vengu Spinning Mills Private Limited | ₹4.97 Cr (FY 2025) | -1.0% | Komarapalayam, Tamil Nadu, India | |||
| Dag Design Concept Fashion Private Limited | ₹4.97 Cr (FY 2024) | -19.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Obli Spinning Mills Private Limited, buy the company report.
Shareholding
The shareholding of Obli Spinning Mills Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Obli Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 2015 | 10572162 | Canara Bank | ₹1.2 Cr | Open | |
| 23 Feb 1996 | 90326836 | The Karnataka Bank Ltd | ₹2.36 Cr | Satisfied | |
| 25 Mar 1994 | 90326687 | Karnataka Bank Ltd | ₹2.5 Lakh | Satisfied | |
| 21 May 1993 | 90326638 | Karnataka Bank Ltd. | ₹11 Lakh | Satisfied | |
| 23 Mar 1993 | 90326636 | Karnataka Bank Ltd. | ₹86.33 Lakh | Satisfied |
To see the full charge records of Obli Spinning Mills Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Obli Spinning Mills Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 2 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed against the company by M/S NKCM Spinners Private Limited | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by M/S NKCM Spinners Private Limited | Pending |
| District court, RAICHUR, Karnataka | Civil suit | Filed against the company by Jawarilal Shantilal and Co. Partner Amrutlal Moot | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by an individual | Disposed |
To see the full case history of Obli Spinning Mills 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Obli Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Obli Spinning Mills Private Limited has a workforce of 29 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Obli Spinning Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACO3027A1ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Obli Spinning Mills Private Limited, buy the company report.
Recent activity
Obli Spinning Mills Private Limited has 2 board changes on record since 1981: 2 appointments. The latest: Thiagarajan Jayalalitha was appointed as Director on 26 Jan 1996.
26 earlier events are in the company report.
Frequently asked questions
Obli Spinning Mills is an active private limited company based in Namakkal Dt, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 May 1981 (45+ years old) and is registered under CIN U17111TZ1981PTC001055.
Obli Spinning Mills has 2 current directors:
- Rangasamychetty Thiagarajan - Director
- Thiagarajan Jayalalitha - Director
The latest financial statements of Obli Spinning Mills on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Obli Spinning Mills is 33AAACO3027A1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Obli Spinning Mills is U17111TZ1981PTC001055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Obli Spinning Mills has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
Obli Spinning Mills was incorporated on 11 May 1981, making it 45+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Obli Spinning Mills by revenue are Tirupati Fibres and Industries Ltd, Vrundavan Synthetics Private Limited, Sangeeta Textile Industries Private Limited, Datson Textile Industries Pvt Ltd, Shambhu Vengu Spinning Mills Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Thiagarajan Jayalalitha was appointed as Director on 26 Jan 1996. Rangasamychetty Thiagarajan was appointed as Director on 11 May 1981.
The registered office of Obli Spinning Mills is at 443 East Colonypallipalayam Road Komarapalayam, Namakkal Dt, Tamil Nadu, India – 638581.
Obli Spinning Mills operates in the manufacturing industry, in the textile and fabric production segment.