The Thirumagal Mills Limited
About The Thirumagal Mills Limited
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The Thirumagal Mills Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 November 1937 and has been in existence for over 89 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN1937PLC002992. Its GSTIN is 33AAACT2854N3Z3 (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7 Cr. It is led by directors including Doraisamy Kuppan and Narayanan Govindarajan.
Its last annual general meeting (AGM) was held on 17 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at New No.5/1 Old No.3/1 6th Cross Street Cit Colony Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.01 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹6.71 Cr and EBITDA of -₹6.6 Cr. Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 4% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹27.81 Cr on record. Court records list 57 cases involving the company, including 19 filed by the company and 38 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
The Thirumagal Mills Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNew No.5/1 Old No.3/1 6th Cross Street Cit Colony Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of The Thirumagal Mills 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
Financials of The Thirumagal Mills Limited
FY 2025 filings availableThe Thirumagal Mills Limited reported revenue of ₹90.01 Lakh (down 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 95% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 142% 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 |
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| EBITDA | -₹6.6 Cr | ||||
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| Net Profit (PAT) | -₹6.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of The Thirumagal Mills Limited, buy the company report.
Board of directors of The Thirumagal Mills Limited
The Thirumagal Mills has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Doraisamy Kuppan Also directs: S V Global Mill Limited, Artha Farms Limited, Artha Trading Private Limited and 4 more | Director | 31 Dec 2021 | 4 Years 10 Months | Current |
| Narayanan Govindarajan | Director | 20 Jan 2022 | 4 Years 9 Months | Current |
| Shanmugam Ethiraj Also directs: Kamatchi Hotels and Resorts LLP, S V Global Mill Limited, Artha Farms Limited and 5 more | Director | 27 May 1988 | 38 Years 5 Months | Current |
Auditor
The Thirumagal Mills Limited is audited by KR Sarangapani and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KR Sarangapani and Co | FY 2023 | 050018S |
Shareholding
The shareholding of The Thirumagal Mills Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of The Thirumagal Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2008 | 10135375 | Sundaram Finance Limited | ₹6.37 Cr | Satisfied | |
| 27 Nov 2008 | 10133797 | Sundaram Finance Limited | ₹6.37 Cr | Satisfied | |
| 20 Nov 2008 | 10133794 | Sundaram Finance Limited | ₹6.37 Cr | Satisfied | |
| 20 Jun 2005 | 80049823 | Andhra Bank | ₹8.7 Cr | Satisfied |
To see the full charge records of The Thirumagal Mills Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
The Thirumagal Mills Limited has 57 court cases on record: 19 filed by The Thirumagal Mills, 38 filed against it. 7 cases are pending and 50 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 43 | 28 | 7 |
| District courts | 11 | 9 | 0 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (CRL MP) | Filed by the company against M/S.Blue Blends India Ltd., and 1 other | Pending |
| Bombay High Court | Court case (CHOCL) | Filed by the company against M/S Ventura Textiles Ltd. | Pending |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by M/S. Blue Blends India Limited and 1 other | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed against the company by M/S. Blue Blends India Limited and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M S Ventura Textiles Ltd | Disposed |
To see the full case history of The Thirumagal Mills 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 The Thirumagal Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
The Thirumagal Mills Limited has a workforce of 1 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
The Thirumagal Mills has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACT2854N3Z3 | Tamil Nadu | Active | 14 Feb 2022 |
To see the full GST registrations and return filing status of The Thirumagal Mills Limited, buy the company report.
Recent activity
The Thirumagal Mills Limited has 14 board changes on record since 1988: 3 appointments and 11 cessations. The latest: Doraisamy Kuppan ceased to be Additional Director on 05 Sep 2022.
14 earlier events are in the company report.
Frequently asked questions
The Thirumagal Mills is an active public limited company based in Chennai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 November 1937 (89+ years old) and is registered under CIN U17111TN1937PLC002992.
The Thirumagal Mills has 3 current directors:
- Doraisamy Kuppan - Director
- Narayanan Govindarajan - Director
- Shanmugam Ethiraj - Director
The latest financial statements of The Thirumagal Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of The Thirumagal Mills is 33AAACT2854N3Z3, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of The Thirumagal Mills is U17111TN1937PLC002992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Thirumagal Mills has 57 court cases on record: 19 filed by the company and 38 filed against it. 7 are pending. Most are in the high courts.
The Thirumagal Mills was incorporated on 16 November 1937, making it 89+ years old. It is registered with the Registrar of Companies, Chennai.
Doraisamy Kuppan ceased to be Additional Director on 05 Sep 2022. Narayanan Govindarajan ceased to be Additional Director on 05 Sep 2022. Narayanan Govindarajan was appointed as Director on 20 Jan 2022. The Thirumagal Mills has 14 board changes on record in total.
The registered office of The Thirumagal Mills is at New No.51 Old No.31 6th Cross Street Cit Colony Mylapore, Chennai, Tamil Nadu, India – 600004.
The Thirumagal Mills operates in the manufacturing industry, in the textile and fabric production segment.
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