Nithyabharath Textile Private Limited
About Nithyabharath Textile Private Limited
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Nithyabharath Textile Private Limited is a private limited company based in Palladam, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2004PTC011365. Its GSTIN is 33AABCN9809N1Z1 (Tamil Nadu).
The company has an authorised share capital of ₹3.65 Cr and a paid-up capital of ₹1.52 Cr. It is led by directors Rasagoundenpalayam Subbiahgounder Thangavell (Whole-Time Director) and Thangavel Pushpalatha (Whole-Time Director).
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 3/732 Min Nagar Chettipalayam Road, Palladam, Tamil Nadu, India – 641664.
As per the financials filed for FY 2024, the company reported a revenue of ₹60.6 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹3.21 Lakh (net margin -5.3%) and EBITDA of ₹50.85 Lakh (EBITDA margin 83.9%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 60% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹15.1 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nithyabharath Textile Private Limited's registered office is in Palladam, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3/732 Min Nagar Chettipalayam Road, Palladam, Tamil Nadu, India – 641664
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Nithyabharath Textile 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
Financials of Nithyabharath Textile Private Limited
FY 2024 filings availableNithyabharath Textile Private Limited reported revenue of ₹60.6 Lakh (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 60%. EBITDA rose 168% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹50.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 83.9% | ||||
| Net Profit Margin | -5.3% | ||||
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To see the full financial statements and ratios of Nithyabharath Textile Private Limited, buy the company report.
Board of directors of Nithyabharath Textile Private Limited
Nithyabharath Textile has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rasagoundenpalayam Subbiahgounder Thangavell | Whole-Time Director | 28 Sep 2004 | 22 Years 0 Months | Current |
| Thangavel Pushpalatha | Whole-Time Director | 28 Sep 2004 | 22 Years 0 Months | Current |
Peer comparison
Nithyabharath Textile Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| N.K. Handicrafts Private Limited | ₹60.76 Lakh (FY 2024) | 24.0% | New Delhi, Delhi, India | |||
| Nithyabharath Textile Private Limitedthis company | ₹60.6 Lakh (FY 2024) | -₹3.21 Lakh | -5.3% | 1.0% | 10 | Palladam, Tamil Nadu, India |
| Jai Bindhu Industries Private Limited | ₹60.54 Lakh (FY 2023) | -30.0% | Nalgonda, Telangana, India | |||
| K.R.S. Overseas Private Limited | ₹60.41 Lakh (FY 2025) | 606.0% | New Delhi, Delhi, India |
To see the full peer comparison of Nithyabharath Textile Private Limited, buy the company report.
Auditor
Nithyabharath Textile Private Limited is audited by ALTN AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALTN AND CO | FY 2023 | 009689S |
Shareholding
The shareholding of Nithyabharath Textile 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 Nithyabharath Textile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2021 | 100484277 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 22 Feb 2006 | 10000636 | Bank of India | ₹13.18 Lakh | Satisfied | |
| 03 Oct 2005 | 90002024 | Bank of India | ₹14.97 Cr | Satisfied |
To see the full charge records of Nithyabharath Textile Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Nithyabharath Textile Private Limited has 3 court cases on record: 3 filed by Nithyabharath Textile. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Tiruppur, Tamil Nadu | Civil suit | Filed by the company | Disposed |
To see the full case history of Nithyabharath Textile 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 Nithyabharath Textile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nithyabharath Textile Private Limited has a workforce of 10 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Nithyabharath Textile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCN9809N1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nithyabharath Textile Private Limited, buy the company report.
Recent activity
Nithyabharath Textile Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Rasagoundenpalayam Subbiahgounder Thangavell ceased to be Director on 01 Dec 2015.
1 earlier event is in the company report.
Frequently asked questions
Nithyabharath Textile is an active private limited company based in Palladam, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 September 2004 (22+ years old) and is registered under CIN U17111TZ2004PTC011365.
Nithyabharath Textile has 2 current directors:
- Rasagoundenpalayam Subbiahgounder Thangavell - Whole-Time Director
- Thangavel Pushpalatha - Whole-Time Director
The latest financial statements of Nithyabharath Textile 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 Nithyabharath Textile is 33AABCN9809N1Z1, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Nithyabharath Textile is U17111TZ2004PTC011365. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nithyabharath Textile has 3 court cases on record: 3 filed by the company.
Nithyabharath Textile was incorporated on 28 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Nithyabharath Textile by revenue are N.K. Handicrafts Private Limited, Jai Bindhu Industries Private Limited, K.R.S. Overseas Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Rasagoundenpalayam Subbiahgounder Thangavell ceased to be Director on 01 Dec 2015. Thangavel Pushpalatha ceased to be Director on 01 Dec 2015. Rasagoundenpalayam Subbiahgounder Thangavell was appointed as Whole-Time Director on 28 Sep 2004. Nithyabharath Textile has 4 board changes on record in total.
The registered office of Nithyabharath Textile is at 3732 Min Nagar Chettipalayam Road, Palladam, Tamil Nadu, India – 641664.
Nithyabharath Textile operates in the manufacturing industry, in the textile and fabric production segment.