Palani Muthu Textiles Private Limited Company Logo

Palani Muthu Textiles Private Limited - Company Profile

It is a manufacturing private limited company based in Tirupur, Tamil Nadu, India, established in 2004.

2004 | Tirupur, Tamil Nadu, India | Active
Last Updated:

About Palani Muthu Textiles Private Limited

Palani Muthu Textiles Private Limited, a active private limited company, was established on 15 December 2004 in Tirupur, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ2004PTC011474. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹7.00 Cr and a paid-up capital of ₹1.45 Cr.

Formerly known as Vidyaakarthic Spinning Mill Private Limited. It upholds a compliant status. Employing 63 professional, Its leadership includes Palaniappan Pichai (Director), Balaji Abirami Sundari (Director), Palaniappan Balaji (Director). Past directors included Muthukumar Balasubramaniam, Palaniappan Pichai, Senthil Kumar Vidhya Lakshmipriya. It holds ₹65.43 Cr open charges and ₹6.00 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at Sf No.613, Palladam To Dharapuram Main Road, Thutharipalayam, V.Kallipalayam (Po),, Tirupur, Tamil Nadu, 641664.

Company Details

  • CIN/LLPIN

    U17111TZ2004PTC011474

  • Registration Number

    011474

  • Incorporation Date

    15 December 2004

  • Authorized Capital

    ₹7.00 Cr

  • Paid-Up Capital

    ₹1.45 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 1.45 Cr
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 65.43 Cr
  • Satisfied Charges ₹ 6.00 Cr
  • Revenue Growth -2.54%
  • Profit Growth -99.18%
  • Ebitda -72.00%
  • Net Worth 0.63%
  • Total Assets -13.12%
Company report

Palani Muthu Textiles Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Palani Muthu Textiles Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Palani Muthu Textiles Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Palaniappan PichaiDirector12 Nov 2012Current
Balaji Abirami SundariDirector12 Nov 2012Current
Palaniappan BalajiDirector12 Nov 2012Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director23 Dec 2012Past
Pramod AbcsddAdditional Director04 Sep 2013Past
Pramod AbcsddDirector23 Dec 2012Past
Pramod AbcsddAdditional Director04 Sep 2013Past
Pramod AbcsddAdditional Director04 Sep 2013Past
Pramod AbcsddDirector23 Dec 2012Past

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Financial Performance of Palani Muthu Textiles.

Palani Muthu Textiles Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.54% decrease. The company also saw a substantial fall in profitability, with a 99.18% decrease in profit. The company's net worth moved up by a moderate rise of 0.63%.

Palani Muthu Textiles revenue growth over time
Palani Muthu Textiles profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-2.54%
Revenue from Operations
-2.52%
Total Assets
-13.12%
Profit or Loss
-99.18%
Net Worth
0.63%
EBITDA
-72.00%

What is the Ownership and Shareholding Structure of Palani Muthu Textiles?

In 2023, Palani Muthu Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹654,339,000.00

Satisfied Charges

₹60,000,000.00

Charges Breakdown by Lending Institutions

  • City Union Bank Ltd : 32.79 Cr
  • Others : 18.00 Cr
  • City Union Bank Limited : 14.65 Cr

Latest Charge Details

DateLenderAmountStatus
20 Aug 2024City Union Bank Limited₹3.50 CrOpen
06 Feb 2023Others₹5.00 CrOpen
14 Jul 2020City Union Bank Limited₹2.90 CrOpen
12 Dec 2012City Union Bank Limited₹4.00 CrOpen
20 Sep 2007City Union Bank Limited₹1.25 CrOpen

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How Many Employees Work at Palani Muthu Textiles?

Palani Muthu Textiles has a workforce of 63 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Palani Muthu Textiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palani Muthu Textiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Palani Muthu Textiles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Palani Muthu Textiles

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Palani Muthu Textiles Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Palani Muthu Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    The activity A charge with City Union Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100967998 was registered on 20 Aug 2024. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100682356 was registered on 06 Feb 2023. was completed.

  • Charges

    Progress on A charge with City Union Bank Limited of Rs. 2.90 Cr registered on 14 Jul 2020 with Charge ID 100362995 was modified on 29 Nov 2021. was documented.

  • Charges

    Progress on A charge with City Union Bank Limited amounted to Rs. 2.90 Cr with Charge ID 100362995 was registered on 14 Jul 2020. was documented.

Frequently Asked Questions

  • What is the CIN of Palani Muthu Textiles Private Limited?

    The CIN of Palani Muthu Textiles Private Limited is U17111TZ2004PTC011474.

  • Where is Palani Muthu Textiles Private Limited headquartered?

    Palani Muthu Textiles Private Limited is headquartered at Sf No.613, Palladam To Dharapuram Main Road, Thutharipalayam, V.Kallipalayam (Po),, Tirupur, Tamil Nadu, 641664.

  • When was Palani Muthu Textiles Private Limited incorporated?

    Palani Muthu Textiles Private Limited was incorporated on 15 December 2004.

  • Who are the current directors of Palani Muthu Textiles Private Limited?

    The current directors of Palani Muthu Textiles Private Limited are

  • What is the primary industry of Palani Muthu Textiles Private Limited?

    The primary industry of Palani Muthu Textiles Private Limited is Manufacturing.

  • Is Palani Muthu Textiles Private Limited a listed company?

    Palani Muthu Textiles Private Limited is unlisted.

  • What is the capital structure of Palani Muthu Textiles Private Limited?

    The authorized capital of Palani Muthu Textiles Private Limited is ₹7.00 Cr, and the paid-up capital is ₹1.45 Cr.

  • What is the compliance status of Palani Muthu Textiles Private Limited?

    The compliance status of Palani Muthu Textiles Private Limited is Compliant.

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