Muthu Spinning Mills Private Limited

Muthu Spinning Mills Private Limited - manufacturing in Karur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TN1984PTC011333 Incorporated 20 November 1984 ROC Chennai HQ Karur, Tamil Nadu, India
Active Private Limited Company manufacturing MSME · Small
Revenue · FY 2025
₹20.07 Lakh
▼ 94% YoY
Net profit · FY 2025
₹12.94 Lakh
Net margin 64.5%
EBITDA · FY 2025
₹14.2 Lakh
EBITDA margin 70.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Satisfied charges
₹6.25 Cr
No open charges
Company age
42 yrs
Est. 1984
Employees · EPFO
19
Provident fund records

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

CIN U17111TN1984PTC011333
Registration Number 011333
Incorporation Date 20 November 1984
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-10-0001520

Recognitions & Rankings of Muthu Spinning Mills

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-10-0001520

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 Address
    9/939 Cheran Nagar, Chinna Andan Kovil Road, Karur, Tamil Nadu, India – 639002
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Muthu Spinning Mills Private Limited, buy the company report.

Comprehensive company report
Muthu Spinning Mills Private 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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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, 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 available

Muthu Spinning Mills Private Limited reported revenue of ₹20.07 Lakh (down 94% YoY) for FY 2025.

Revenue · FY 2025
₹20.07 Lakh ▼ 94%
Net profit · FY 2025
₹12.94 Lakh margin 64.5%
EBITDA · FY 2025
₹14.2 Lakh margin 70.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 70%
5 years · compounded
▼ 48%
EBITDA CAGR growth
1 year
▲ 110%
3 years · compounded
▼ 45%
5 years · compounded
▲ 19%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin70.8%
Net Profit Margin64.5%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Samiappan AnandDirector01 Apr 20242 Years 7 MonthsCurrent
Veerarakkiam Karuppnnan ArvindDirector01 Apr 20242 Years 7 MonthsCurrent
Veerarakkian Arumugam KaruppannanDirector01 Apr 20242 Years 7 MonthsCurrent
Arumugem SamiappanDirector01 Apr 20242 Years 7 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh64.5%-94.0%19Karur, 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 firmFinancial yearFirm registration number
N RAMANUJAM & COFY 202319030S

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
None
Satisfied charges
₹6.25 Cr
Breakdown by lending institutions
The Karur Vysya Bank Ltd₹3.25 Cr
Others₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Mar 200490306720Others₹3 CrSatisfied
07 Nov 200090305325The Karur Vysya Bank Ltd₹1.5 CrSatisfied
15 Jul 200090305308The Karur Vysya Bank Ltd₹1.2 CrSatisfied
26 Sep 199790305120The Karur Vysya Bank Ltd₹25 LakhSatisfied
22 Mar 199690305003The Karur Vysya Bank Ltd₹5 LakhSatisfied

To see the full charge records of Muthu Spinning Mills Private Limited, buy the company report.

Total charge records: 6 View all charges

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.

Employee count
19
Active EPFO establishments
1
Employee growth
-67.8%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2023-2419
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.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAACM6207C2Z3Tamil NaduActive25 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.

AGM
Muthu Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Arumugem Samiappan ceased to be Additional Director.
Ceased
Samiappan Anand ceased to be Additional Director.
Ceased
Veerarakkiam Karuppnnan Arvind ceased to be Additional Director.
Ceased
Veerarakkian Arumugam Karuppannan ceased to be Additional Director.
Ceased
Muthusamy Jeganathan ceased to be Director.
Appointed
Arumugem Samiappan was appointed as Director.
Appointed
Samiappan Anand was appointed as Director.
Appointed
Veerarakkiam Karuppnnan Arvind was appointed as Director.
Appointed
Veerarakkian Arumugam Karuppannan was appointed as Director.
Filing
Muthu Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge registered on 10 Mar 2004 via Charge ID 90306720 with Others was fully satisfied on 25 Mar 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:

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.