Palkudiar Threadds Private Limited
About Palkudiar Threadds Private Limited
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Palkudiar Threadds Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17231TZ1997PTC007818. Its GSTIN is 33AACCS9470M1ZW (Tamil Nadu).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Chandrasekharan Naidu Nithyananda (Managing Director) and Chandrasekaran Krishnaveni.
Its last annual general meeting (AGM) was held on 24 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Sabari Housenear Amarjothi Nagar Kannampalayam Post, Coimbatore, Tamil Nadu, India – 641402.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.56 Cr, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹18.4 Lakh (net margin -4%) and EBITDA of ₹1.38 Cr (EBITDA margin 30.3%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹8.75 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressSabari Housenear Amarjothi Nagar Kannampalayam Post, Coimbatore, Tamil Nadu, India – 641402
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Palkudiar Threadds Private Limited
The main business activity of Palkudiar Threadds is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Palkudiar Threadds Private Limited FY 2020 filings available
Palkudiar Threadds Private Limited reported revenue of ₹4.56 Cr (down 80% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Palkudiar Threadds Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 80% fall in the latest year. EBITDA rose 635% 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 of Palkudiar Threadds Private Limited
| 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 | ₹4.56 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹18.4 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 of Palkudiar Threadds Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Palkudiar Threadds are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Palkudiar Threadds Private Limited
Palkudiar Threadds Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Textiles, Wind Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unifab India Private Limited | ₹4.56 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Hyderabad, Telangana, India |
| MRD Apparels Limited | ₹4.56 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Ludhiana, Punjab, India |
| Srotoswini Sixth No Store (OPC) Private Limited | ₹4.56 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Kolkata, West Bengal, India |
| Micro Polyfab Private Limited | ₹4.56 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Surat, Gujarat, India |
| Kalptaru Global Venture Private Limited | ₹4.56 Cr (FY 2025) | •••• | •••• | 153.0% | •••• | Gurgaon, Haryana, India |
| Palkudiar Threadds Private Limited this company | ₹4.56 Cr (FY 2020) | •••• | •••• | -80.0% | •••• | Coimbatore, Tamil Nadu, India |
| A.Y. Textiles Industries Private Limited | ₹4.56 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Valuetex International Private Limited | ₹4.56 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Amritsar, Punjab, India |
| Zigma Green Power Private Limited | ₹4.56 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Erode, Tamil Nadu, India |
| Adnan Ginning & Pressing Private Limited | ₹4.56 Cr (FY 2015) | •••• | •••• | -79.0% | •••• | Ralegaon, Maharashtra, India |
| Vasu Clothing Private Limited | ₹4.56 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Palkudiar Threadds by revenue in the Cleantech industry (Textiles, Wind Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Palkudiar Threadds Private Limited
Palkudiar Threadds Private Limited is audited by A JOHN MORIS & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A JOHN MORIS & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Palkudiar Threadds Private Limited
Palkudiar Threadds has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekaran Krishnaveni | Director | 31 Mar 1997 | 29 Years 6 Months | Current |
| Nanji Somji Patel Haresh Also directs: Nashika Industries Private Limited | Director | 01 May 2011 | 15 Years 5 Months | Current |
| Palanisamy Chandra | Director | 31 Mar 1997 | 29 Years 6 Months | Current |
| Purushothaman Nithyananda Naidu | Director | 31 Mar 1997 | 29 Years 6 Months | Current |
| Chandrasekharan Naidu Nithyananda | Managing Director | 31 Mar 1997 | 29 Years 6 Months | Current |
Ownership and Shareholding of Palkudiar Threadds Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Palkudiar Threadds Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2006 | Indian Overseas Bank | ₹8.44 Cr | Open |
| 07 Aug 2000 | Indian Overseas Bank | ₹11.2 Lakh | Open |
| 28 Jun 1999 | Indian Overseas Bank | ₹19.28 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Palkudiar Threadds Private Limited
Palkudiar Threadds Private Limited has 6 court cases on record: 4 filed by Palkudiar Threadds, 2 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Criminal case | Filed against the company by Sree Chakra Sewing Systems | Disposed |
| District court, Madurai, Tamil Nadu | Criminal case | Filed against the company by Sree Chakra Sewing Systems | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Palkudiar Threadds Private Limited
Employment history and EPFO contributions of people linked to Palkudiar Threadds.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Palkudiar Threadds Private Limited
Palkudiar Threadds has one previous CIN (Corporate Identification Number): U00113TZ1997PTC007818. The current CIN is U17231TZ1997PTC007818, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17231TZ1997PTC007818 | Current |
| U00113TZ1997PTC007818 | Previous |
Recent Activity on Palkudiar Threadds Private Limited
Palkudiar Threadds Private Limited has 5 board changes on record since 1997: 5 appointments. The latest: Nanji Somji Patel Haresh was appointed as Director on 01 May 2011.
Credit Ratings, Litigation & Regulatory Alerts for Palkudiar Threadds Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Palkudiar Threadds Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Palkudiar Threadds Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Palkudiar Threadds Private Limited
Palkudiar Threadds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCS9470M1ZW | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Palkudiar Threadds Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Palkudiar Threadds Private Limited
Palkudiar Threadds is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 31 March 1997 (29+ years old) and is registered under CIN U17231TZ1997PTC007818.
Palkudiar Threadds reported revenue of ₹4.56 Cr for FY 2020 (down 80% YoY).
Palkudiar Threadds has 5 current directors:
- Chandrasekharan Naidu Nithyananda - Managing Director
- Chandrasekaran Krishnaveni - Director
- Nanji Somji Patel Haresh - Director
- Palanisamy Chandra - Director
- Purushothaman Nithyananda Naidu - Director
Palkudiar Threadds reported a net loss of ₹18.4 Lakh (net margin -4%) and EBITDA of ₹1.38 Cr (EBITDA margin 30.3%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Palkudiar Threadds is -21% over three years and -12% over five years. In the latest year (FY 2020) revenue fell 80%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Palkudiar Threadds is 33AACCS9470M1ZW, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Palkudiar Threadds is U17231TZ1997PTC007818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palkudiar Threadds has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the high courts.
Palkudiar Threadds was incorporated on 31 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Palkudiar Threadds by revenue are Unifab India Private Limited, MRD Apparels Limited, Srotoswini Sixth No Store (OPC) Private Limited, Micro Polyfab Private Limited, Kalptaru Global Venture Private Limited and 5 more, all in the Cleantech industry (Textiles, Wind Power).
Nanji Somji Patel Haresh was appointed as Director on 01 May 2011. Chandrasekaran Krishnaveni was appointed as Director on 31 Mar 1997. Chandrasekharan Naidu Nithyananda was appointed as Managing Director on 31 Mar 1997. Palkudiar Threadds has 5 board changes on record in total.