- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-10-0001520

Muthu Spinning Mills Private Limited
About Muthu Spinning Mills Private Limited
Data last updated:
Muthu Spinning Mills Private Limited is a private limited company based in Karur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 November 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN1984PTC011333. Its GSTIN is 33AAACM6207C2Z3 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Samiappan Anand and Veerarakkiam Karuppnnan Arvind.
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 Karur, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.07 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹12.94 Lakh (net margin 64.5%) and EBITDA of ₹14.2 Lakh (EBITDA margin 70.8%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 48% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹6.25 Cr on record. Court records list 27 cases involving the company, including 10 filed by the company and 17 filed against it.
Muthu Spinning Mills Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-10-0001520). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Muthu Spinning Mills
Contact details
Muthu Spinning Mills Private Limited's registered office is in Karur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9/939 Cheran Nagar, Chinna Andan Kovil Road, Karur, Tamil Nadu, India – 639002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Muthu 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 Muthu 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 Muthu Spinning Mills Private Limited, buy the company report.
Financials of Muthu Spinning Mills Private Limited
FY 2024 filings availableMuthu Spinning Mills Private Limited reported revenue of ₹20.07 Lakh (down 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 94% fall in the latest year. EBITDA rose 110% 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 | ₹14.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.94 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.8% | ||||
| Net Profit Margin | 64.5% | ||||
| 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 Muthu Spinning Mills Private Limited, buy the company report.
Board of directors of Muthu Spinning Mills Private Limited
Muthu Spinning Mills has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samiappan Anand Also directs: V.K.A. Polymers Private Limited, V.K.A Wind Powers Private Limited | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
| Veerarakkiam Karuppnnan Arvind Also directs: V.K.A. Polymers Private Limited, V.K.A Wind Powers Private Limited | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
| Veerarakkian Arumugam Karuppannan Also directs: V.K.A. Polymers Private Limited, V.K.A Wind Powers Private Limited | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
| Arumugem Samiappan Also directs: V.K.A. Polymers Private Limited, V.K.A Wind Powers Private Limited | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
Peer comparison
Muthu Spinning Mills Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Super Corporation Limited | ₹20.16 Lakh (FY 2025) | 40.0% | Kanpur, Uttar Pradesh, India | |||
| Madhur Lace (OPC) Private Limited | ₹20.13 Lakh (FY 2021) | Surat, Gujarat, India | ||||
| Rishabh R Knits & Garments Private Limited | ₹20.12 Lakh (FY 2025) | 42.0% | Gurgaon, Haryana, India | |||
| JBS Clothing Company Limited | ₹20.11 Lakh (FY 2018) | -13.0% | Mumbai, Maharashtra, India | |||
| Ajanta Cotex Private Limited | ₹20.08 Lakh (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Muthu Spinning Mills Private Limitedthis company | ₹20.07 Lakh (FY 2025) | ₹12.94 Lakh | 64.5% | -94.0% | 19 | Karur, Tamil Nadu, India |
| K.M.Apparels Private Limited | ₹20.06 Lakh (FY 2025) | -26.0% | Delhi, India | |||
| Dexterous Esg Consultants Private Limited | ₹20.05 Lakh (FY 2025) | 3270.0% | Delhi, India | |||
| Asm Udhyog Private Limited | ₹20.05 Lakh (FY 2024) | Panipat, Haryana, India | ||||
| Karishmaa Clothing Company (P) Ltd | ₹20.03 Lakh (FY 2025) | -87.0% | Kolkata, West Bengal, India | |||
| DBS Textiles Private Limited | ₹20.01 Lakh (FY 2024) | -25.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Muthu Spinning Mills Private Limited, buy the company report.
Auditor
Muthu Spinning Mills Private Limited is audited by N RAMANUJAM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N RAMANUJAM & CO | FY 2023 | 19030S |
Shareholding
The shareholding of Muthu Spinning Mills 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Muthu Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2004 | 90306720 | Others | ₹3 Cr | Satisfied | |
| 07 Nov 2000 | 90305325 | The Karur Vysya Bank Ltd | ₹1.5 Cr | Satisfied | |
| 15 Jul 2000 | 90305308 | The Karur Vysya Bank Ltd | ₹1.2 Cr | Satisfied | |
| 26 Sep 1997 | 90305120 | The Karur Vysya Bank Ltd | ₹25 Lakh | Satisfied | |
| 22 Mar 1996 | 90305003 | The Karur Vysya Bank Ltd | ₹5 Lakh | Satisfied |
To see the full charge records of Muthu Spinning Mills Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Muthu Spinning Mills Private Limited has 27 court cases on record: 10 filed by Muthu Spinning Mills, 17 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 17 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by The State of Tamilnadu Special Government Pleader (Taxes) | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed against the company by The State of Tamilnadu Special Govt Pleader(Taxes) | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by The State of Tamilnadu Special Government Pleader (Taxes | Disposed |
| High Court, TAMIL NADU | Court case (WAMP) | Filed against the company by State of Tamil Nadu Rep.By Its | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by State of Tamil Nadu Rep.By Its | Disposed |
To see the full case history of Muthu 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 Muthu Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Muthu Spinning Mills Private Limited has a workforce of 19 employees on its EPFO records as of Nov 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 19 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Muthu Spinning Mills Private Limited, buy the company report.
GST
Muthu Spinning Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACM6207C2Z3 | Tamil Nadu | Active | 25 Jul 2024 |
To see the full GST registrations and return filing status of Muthu Spinning Mills Private Limited, buy the company report.
Recent activity
Muthu Spinning Mills Private Limited has 11 board changes on record since 1984: 4 appointments and 7 cessations. The latest: Arumugem Samiappan ceased to be Additional Director on 29 Sep 2024.
19 earlier events are in the company report.
Frequently asked questions
Muthu Spinning Mills is an active private limited company based in Karur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 November 1984 (42+ years old) and is registered under CIN U17111TN1984PTC011333.
Muthu Spinning Mills has 4 current directors:
- Samiappan Anand - Director
- Veerarakkiam Karuppnnan Arvind - Director
- Veerarakkian Arumugam Karuppannan - Director
- Arumugem Samiappan - Director
The latest financial statements of Muthu Spinning Mills 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 Muthu Spinning Mills is 33AAACM6207C2Z3, 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 Muthu Spinning Mills is U17111TN1984PTC011333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muthu Spinning Mills has 27 court cases on record: 10 filed by the company and 17 filed against it.
Muthu Spinning Mills was incorporated on 20 November 1984, making it 42+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Muthu Spinning Mills by revenue are Super Corporation Limited, Madhur Lace (OPC) Private Limited, Rishabh R Knits & Garments Private Limited, JBS Clothing Company Limited, Ajanta Cotex Private Limited and 5 more, all in the same principal business activity (textile, leather and other apparel products).
Arumugem Samiappan ceased to be Additional Director on 29 Sep 2024. Samiappan Anand ceased to be Additional Director on 29 Sep 2024. Veerarakkiam Karuppnnan Arvind ceased to be Additional Director on 29 Sep 2024. Muthu Spinning Mills has 11 board changes on record in total.
Yes, Muthu Spinning Mills is registered as a small enterprise under Udyam registration (number: UDYAM-TN-10-0001520).
The registered office of Muthu Spinning Mills is at 9939 Cheran Nagar, Chinna Andan Kovil Road, Karur, Tamil Nadu, India – 639002.

