About Natchi Apparel Private Limited
Data last updated:
Natchi Apparel Private Limited was a private limited company based in Tirupur, 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 designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 26 August 2015.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17100TZ2015PTC021710. Its GSTIN is 33AAFCN0171P2ZB (Tamil Nadu). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Chandrasekar and Duraisamy.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 595/1B Sri Lakshmi Nagar Pitchampalayam, Tirupur, Tamil Nadu, India – 641603.
As per the financials filed for FY 2020, the company reported a revenue of ₹52.46 Cr, a growth of 111% compared to the previous year. For the same year it recorded a net profit of ₹47.15 Lakh (net margin 0.9%) and EBITDA of ₹45.47 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
The company had about 1,718 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is eastmanexports.com.
Company details
Contact details
Natchi Apparel Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Social Media
- Registered Address595/1B Sri Lakshmi Nagar Pitchampalayam, Tirupur, Tamil Nadu, India – 641603
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Natchi Apparel 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 Natchi Apparel 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 Natchi Apparel Private Limited, buy the company report.
Financials of Natchi Apparel Private Limited
FY 2020 filings availableNatchi Apparel Private Limited reported revenue of ₹52.46 Cr (up 111% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over three years, including 111% growth in the latest year. EBITDA rose 710% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹52.46 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹45.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47.15 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Natchi Apparel Private Limited, buy the company report.
Board of directors of Natchi Apparel Private Limited
Natchi Apparel has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekar | Director | 05 Dec 2018 | 7 Years 10 Months | As last reported |
| Duraisamy | Director | 05 Dec 2018 | 7 Years 10 Months | As last reported |
Peer comparison
Natchi Apparel Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel, Branded Wear), 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 |
|---|---|---|---|---|---|---|
| Kudu Industries Limited | ₹55.23 Cr (FY 2024) | -14.0% | Ludhiana, Punjab, India | |||
| Pranera Services and Solutions Private Limited | ₹52.99 Cr (FY 2024) | 1.0% | Tirupur, Tamil Nadu, India | |||
| Natchi Apparel Private Limitedthis company | ₹52.46 Cr (FY 2020) | ₹47.15 Lakh | 0.9% | 111.0% | 1,718 | Tirupur, Tamil Nadu, India |
| Aachho Jaipur Private Limited | ₹50.6 Cr (FY 2024) | 118.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Natchi Apparel Private Limited, buy the company report.
Auditor
Natchi Apparel Private Limited is audited by R ANANTHAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R ANANTHAN & ASSOCIATES | FY 2020 | 009060S |
Shareholding
The shareholding of Natchi Apparel Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Natchi Apparel Private Limited, buy the company report.
Legal cases
Natchi Apparel Private Limited has 1 court case on record: 1 filed by Natchi Apparel. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Government of Tamilnadu and 2 others | Disposed |
To see the full case history of Natchi Apparel 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 Natchi Apparel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Natchi Apparel Private Limited has a workforce of 1,718 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Natchi Apparel has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCN0171P2ZB | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Natchi Apparel Private Limited, buy the company report.
Recent activity
Natchi Apparel Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Chandrasekar ceased to be Additional Director on 28 Sep 2019.
Frequently asked questions
Natchi Apparel 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.
Natchi Apparel was a private limited company based in Tirupur, Tamil Nadu, India. The company worked in designer and branded fashion, within the fashion and textile industry. It was incorporated on 26 August 2015 and is registered under CIN U17100TZ2015PTC021710. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Natchi Apparel was incorporated on 26 August 2015. It is registered with the Registrar of Companies, Coimbatore.
Natchi Apparel had 2 directors:
- Chandrasekar - Director
- Duraisamy - Director
The CIN (Corporate Identification Number) of Natchi Apparel is U17100TZ2015PTC021710. 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 Natchi Apparel is at 5951B Sri Lakshmi Nagar Pitchampalayam, Tirupur, Tamil Nadu, India – 641603.
Natchi Apparel can be reached through the website eastmanexports.com. Its registered office is in Tirupur, Tamil Nadu, India.
The latest financial statements of Natchi Apparel on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Natchi Apparel is 33AAFCN0171P2ZB, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Natchi Apparel operated in the fashion and textile industry, in the designer and branded fashion segment.
The peers of Natchi Apparel by revenue are Kudu Industries Limited, Pranera Services and Solutions Private Limited, Aachho Jaipur Private Limited, all in the Apparel industry (Apparel, Branded Wear), with the same principal business activity (textile, leather and other apparel products).