About Patspin India Ltd
Data last updated: 12 December 2025
Patspin India Ltd is a public limited company based in Ernakulam, Kerala, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 20 September 1991, the company has been in operation for over 35 years.
Registered with ROC Ernakulam under CIN L18101KL1991PLC006194. Listed on BSE: 514326 and NSE: PATSPINLTD.
Capital: an authorised share capital of ₹71 Cr and a paid-up capital of ₹51.43 Cr. It is led by directors including Cheriyamadathil Gopalakrishnan Nair and Kalpana Mahesh Thakker.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: 3Rd Floor Palal Towersravipuram M G Road, Ernakulam, Kerala, India – 682016.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.83 Cr, a decline of 1% compared to the previous year.
The company has a workforce of approximately 412 employees as per the latest available data.
The company is associated with 2 brands - Gtn Group, Patspin India. As per MCA filings, the company has open charges of ₹66.68 Cr and satisfied charges of ₹1,016.06 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website patspin.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address3Rd Floor Palal Towersravipuram M G Road, Ernakulam, Kerala, India – 682016
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Patspin India Ltd
Patspin India Ltd operates two associated brands: GTN Group and PATSPIN INDIA. These brands represent Patspin India Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| GTN Group is engaged in textile manufacturing and distribution. | gtntextiles.com | |
| Combed cotton yarns are manufactured and exported by Patspin India. | patspin.com |
Business Activity of Patspin India Ltd
Patspin India Ltd is engaged in the principal business activity of manufacturing, with detailed activities including 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 | ********* |
Auditor Details of Patspin India Ltd
Patspin India Ltd is audited by M/s L U KRISHNAN & CO CHARTERED ACCOUNTANTS (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s L U KRISHNAN & CO CHARTERED ACCOUNTANTS (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Patspin India Ltd
Patspin India Ltd is currently managed by 6 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Cheriyamadathil Gopalakrishnan Nair
Also directs:
Gtn Textiles Limited
|
Director | 21 Sep 2020 | 5 Years 9 Months | Current |
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Kalpana Mahesh Thakker
Also directs:
Gtn Textiles Limited, Purav Trading Limited
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Director | 14 Nov 2019 | 6 Years 7 Months | Current |
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Thareparambil Ravindran
Also directs:
Gtn Enterprises Limited
|
Cfo | 30 May 2016 | 10 Years 1 Months | Current |
| Umang Patodia | Managing Director | 04 Aug 2009 | 16 Years 11 Months | Current |
|
Veena Vishwanath Bhandary
Also directs:
Gtn Enterprises Limited
|
Company Secretary | 01 Oct 2020 | 5 Years 9 Months | Current |
| Veliyath Poulose Raju | Director | 16 Dec 2024 | 1 Years 6 Months | Current |
Financials of Patspin India Ltd FY 2026 filings available
Patspin India Ltd reported revenue of ₹46.52 Cr (down 1.71% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹46.52 Cr | ₹47.33 Cr | ₹43.84 Cr | ₹74.88 Cr | ₹143.33 Cr | ₹148.1 Cr | ₹393.05 Cr | ₹548.51 Cr |
| Other Income | ₹2.14 Cr | ₹1.5 Cr | ₹5.63 Cr | ₹31 Lakh | ₹23 Lakh | ₹37 Lakh | ₹2.36 Cr | ₹2.52 Cr |
| Total Income | ₹48.66 Cr | ₹48.83 Cr | ₹49.47 Cr | ₹75.19 Cr | ₹143.56 Cr | ₹148.47 Cr | ₹395.41 Cr | ₹551.03 Cr |
| Cost of Materials Consumed | ₹1.36 Cr | ₹4.61 Cr | ₹5.24 Cr | ₹21.28 Cr | ₹38.4 Cr | ₹70.58 Cr | ₹235.78 Cr | ₹337.81 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | -₹2 Lakh | ₹1 Lakh | ₹0 | ₹1.27 Cr | ₹34.08 Cr | ₹62.99 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹85 Lakh | ₹5.02 Cr | -₹3 Lakh | ₹8.3 Cr | ₹23.52 Cr | -₹3.55 Cr |
| Employee Benefit Expense | ₹18.83 Cr | ₹18.64 Cr | ₹17.37 Cr | ₹22.21 Cr | ₹32.47 Cr | ₹27.97 Cr | ₹34.39 Cr | ₹35.77 Cr |
| Finance Costs | ₹6.63 Cr | ₹7.41 Cr | ₹7.54 Cr | ₹10.52 Cr | ₹22.84 Cr | ₹23.92 Cr | ₹27.33 Cr | ₹29.23 Cr |
| Depreciation & Amortisation | ₹2.92 Cr | ₹2.96 Cr | ₹3.14 Cr | ₹7.15 Cr | ₹10.13 Cr | ₹10.22 Cr | ₹10.35 Cr | ₹10.33 Cr |
| Other Expenses | ₹29.28 Cr | ₹25 Cr | ₹24.25 Cr | ₹34.44 Cr | ₹53.12 Cr | ₹44.14 Cr | ₹66.13 Cr | ₹81.34 Cr |
| Total Expenses | ₹59.02 Cr | ₹58.62 Cr | ₹58.37 Cr | ₹100.63 Cr | ₹156.93 Cr | ₹186.4 Cr | ₹431.58 Cr | ₹553.92 Cr |
| Profit Before Exceptional Items & Tax | -₹10.36 Cr | -₹9.79 Cr | -₹8.9 Cr | -₹25.44 Cr | -₹13.37 Cr | -₹37.93 Cr | -₹36.17 Cr | -₹2.89 Cr |
| Exceptional Items | -₹1.04 Cr | ₹0 | ₹2.25 Cr | ₹7.29 Cr | ₹0 | -₹4 Lakh | ₹0 | -₹16 Lakh |
| Profit Before Tax | -₹11.4 Cr | -₹9.79 Cr | -₹6.65 Cr | -₹18.15 Cr | -₹13.37 Cr | -₹37.97 Cr | -₹36.17 Cr | -₹3.05 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹12.15 Cr | -₹69 Lakh |
| Net Profit | -₹11.4 Cr | -₹9.79 Cr | -₹6.65 Cr | -₹18.15 Cr | -₹13.37 Cr | -₹37.97 Cr | -₹24.02 Cr | -₹2.36 Cr |
| Other Comprehensive Income | ₹26 Lakh | -₹22 Lakh | ₹7 Lakh | -₹36 Lakh | ₹13 Lakh | -₹2.08 Cr | -₹1.02 Cr | -₹1.49 Cr |
| Total Comprehensive Income | -₹11.14 Cr | -₹10.01 Cr | -₹6.58 Cr | -₹18.51 Cr | -₹13.24 Cr | -₹40.05 Cr | -₹25.04 Cr | -₹3.85 Cr |
| EBITDA (computed) | -₹81 Lakh | ₹58 Lakh | ₹1.78 Cr | -₹7.77 Cr | ₹19.6 Cr | -₹3.79 Cr | ₹1.51 Cr | ₹36.67 Cr |
| Basic EPS | ₹-3.69 | ₹-3.17 | ₹-2.15 | ₹-5.94 | ₹-4.44 | ₹-12.39 | ₹-7.88 | ₹-0.85 |
| Diluted EPS | ₹-3.46 | ₹-2.97 | ₹-2.02 | ₹-5.94 | ₹-4.44 | ₹-12.39 | ₹-7.88 | ₹-0.85 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2019 |
|---|---|---|---|---|---|---|
| Total Assets | ₹79.11 Cr | ₹81.62 Cr | ₹88.4 Cr | ₹97.7 Cr | ₹206.37 Cr | ₹348.02 Cr |
| Non-current Assets | ₹75.92 Cr | ₹78.54 Cr | ₹79.99 Cr | ₹88.15 Cr | ₹186.17 Cr | ₹203.48 Cr |
| Current Assets | ₹3.19 Cr | ₹3.08 Cr | ₹8.41 Cr | ₹9.55 Cr | ₹20.2 Cr | ₹144.54 Cr |
| Property, Plant & Equipment | ₹59.61 Cr | ₹62.51 Cr | ₹64.56 Cr | ₹68.59 Cr | ₹167.48 Cr | ₹200.15 Cr |
| Inventories | ₹10 Lakh | ₹9 Lakh | ₹8 Lakh | ₹3.39 Cr | ₹7.91 Cr | ₹65.94 Cr |
| Trade Receivables | ₹5 Lakh | ₹5 Lakh | ₹6 Lakh | ₹1.84 Cr | ₹8.22 Cr | ₹57.91 Cr |
| Cash & Equivalents | ₹5 Lakh | ₹21 Lakh | ₹21 Lakh | ₹86 Lakh | ₹11 Lakh | ₹2.59 Cr |
| Equity (Net Worth) | -₹45 Cr | -₹33.86 Cr | -₹23.86 Cr | -₹17.28 Cr | -₹18.09 Cr | ₹58.25 Cr |
| Equity Share Capital | ₹30.92 Cr | ₹30.92 Cr | ₹30.92 Cr | ₹30.92 Cr | ₹30.92 Cr | ₹30.92 Cr |
| Borrowings (Non-current) | ₹41.25 Cr | ₹54.59 Cr | ₹53.35 Cr | ₹60.01 Cr | ₹18.45 Cr | ₹68.86 Cr |
| Borrowings (Current) | ₹40.01 Cr | ₹26.67 Cr | ₹20 Cr | ₹16.67 Cr | ₹144.94 Cr | ₹111.97 Cr |
| Total Debt (computed) | ₹81.26 Cr | ₹81.26 Cr | ₹73.35 Cr | ₹76.68 Cr | ₹163.39 Cr | ₹180.83 Cr |
| Current Liabilities | ₹77.36 Cr | ₹56.19 Cr | ₹55.23 Cr | ₹51.68 Cr | ₹201.49 Cr | ₹218.46 Cr |
| Total Liabilities | ₹124.11 Cr | ₹115.48 Cr | ₹112.26 Cr | ₹114.98 Cr | ₹224.46 Cr | ₹289.77 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹30 Lakh | ₹1.44 Cr | ₹7.29 Cr | ₹6.19 Cr | -₹93 Lakh |
| Investing Cash Flow | ₹69 Lakh | -₹14 Lakh | ₹3.28 Cr | ₹91.78 Cr | -₹17 Lakh |
| Financing Cash Flow | -₹55 Lakh | -₹1.3 Cr | -₹11.22 Cr | -₹97.22 Cr | -₹61 Lakh |
| Capital Expenditure | ₹0 | ₹87 Lakh | ₹4 Lakh | ₹18 Lakh | ₹0 |
| Free Cash Flow (computed) | -₹30 Lakh | ₹57 Lakh | ₹7.25 Cr | ₹6.01 Cr | -₹93 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹16 Lakh | ₹0 | -₹65 Lakh | ₹75 Lakh | -₹1.71 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹10.58 Cr | ₹11 Cr | ₹13.75 Cr | ₹11.19 Cr | ₹11.33 Cr | ₹10.78 Cr | ₹11.57 Cr | ₹13.65 Cr |
| Other Income | ₹25 Lakh | ₹1.56 Cr | ₹9 Lakh | ₹24 Lakh | ₹23 Lakh | ₹26 Lakh | ₹23 Lakh | ₹78 Lakh |
| Total Income | ₹10.83 Cr | ₹12.56 Cr | ₹13.84 Cr | ₹11.43 Cr | ₹11.56 Cr | ₹11.04 Cr | ₹11.8 Cr | ₹14.43 Cr |
| Cost of Materials Consumed | ₹36 Lakh | ₹33 Lakh | ₹40 Lakh | ₹27 Lakh | ₹22 Lakh | ₹35 Lakh | ₹27 Lakh | ₹3.77 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | -₹1 Lakh | ₹1 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹4.45 Cr | ₹4.88 Cr | ₹4.87 Cr | ₹4.63 Cr | ₹4.84 Cr | ₹4.71 Cr | ₹4.64 Cr | ₹4.44 Cr |
| Finance Costs | ₹1.69 Cr | ₹1.69 Cr | ₹1.65 Cr | ₹1.6 Cr | ₹1.85 Cr | ₹1.83 Cr | ₹1.88 Cr | ₹1.84 Cr |
| Depreciation & Amortisation | ₹70 Lakh | ₹74 Lakh | ₹74 Lakh | ₹74 Lakh | ₹75 Lakh | ₹73 Lakh | ₹76 Lakh | ₹73 Lakh |
| Other Expenses | ₹6.43 Cr | ₹7.13 Cr | ₹9.17 Cr | ₹6.55 Cr | ₹6.39 Cr | ₹6.18 Cr | ₹6.42 Cr | ₹6.02 Cr |
| Total Expenses | ₹13.63 Cr | ₹14.76 Cr | ₹16.84 Cr | ₹13.79 Cr | ₹14.05 Cr | ₹13.8 Cr | ₹13.97 Cr | ₹16.8 Cr |
| Profit Before Exceptional Items & Tax | -₹2.8 Cr | -₹2.2 Cr | -₹3 Cr | -₹2.36 Cr | -₹2.49 Cr | -₹2.76 Cr | -₹2.17 Cr | -₹2.37 Cr |
| Exceptional Items | ₹0 | -₹1.01 Cr | -₹3 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹2.8 Cr | -₹3.21 Cr | -₹3.03 Cr | -₹2.36 Cr | -₹2.49 Cr | -₹2.76 Cr | -₹2.17 Cr | -₹2.37 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹2.8 Cr | -₹3.21 Cr | -₹3.03 Cr | -₹2.36 Cr | -₹2.49 Cr | -₹2.76 Cr | -₹2.17 Cr | -₹2.37 Cr |
| Other Comprehensive Income | ₹26 Lakh | ₹0 | ₹0 | ₹0 | -₹22 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹2.54 Cr | -₹3.21 Cr | -₹3.03 Cr | -₹2.36 Cr | -₹2.71 Cr | -₹2.76 Cr | -₹2.17 Cr | -₹2.37 Cr |
| EBITDA (computed) | -₹41 Lakh | ₹23 Lakh | -₹61 Lakh | -₹2 Lakh | ₹11 Lakh | -₹20 Lakh | ₹47 Lakh | ₹20 Lakh |
| Basic EPS | ₹-0.90 | ₹-1.04 | ₹-0.98 | ₹-0.76 | ₹-0.81 | ₹-0.89 | ₹-0.70 | ₹-0.77 |
| Diluted EPS | ₹-0.85 | ₹-0.97 | ₹-0.92 | ₹-0.72 | ₹0.76 | ₹-0.84 | ₹-0.66 | ₹-0.72 |
Shareholding Pattern of Patspin India Ltd
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 65.00%, domestic institutional investors hold 0.02%, retail and other public shareholders hold 34.99% of Patspin India Ltd. The company had 13,571 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 65.00% | 65.00% | 65.00% | 65.00% | 65.00% | 65.00% |
| Public | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 65.00% | 65.00% | 65.00% |
| Public | 35.00% | 35.00% | 35.00% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Patspin India Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2022 | Others | ₹66.68 Cr | Open |
| 01 Feb 2013 | Central Bank of India | ₹22.16 Cr | Satisfied |
| 13 Mar 2012 | State Bank of India | ₹15 Cr | Satisfied |
| 13 Mar 2012 | State Bank of Travancore | ₹44.8 Cr | Satisfied |
| 18 Jan 2012 | Others | ₹20 Cr | Satisfied |
Total charge records: 57 View all charges
Employees and EPFO Compliance at Patspin India Ltd
Patspin India Ltd has a workforce of 412 employees as of Apr 06, 2024.
Employee Count & EPFO Data of Patspin India Ltd
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GST Compliance of Patspin India Ltd
GSTIN & GST Filing Data of Patspin India Ltd
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Credit Ratings, Litigation & Regulatory Alerts for Patspin India Ltd
Credit Ratings, Legal Cases & Regulatory Alerts of Patspin India Ltd
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MSME Payment Delays by Patspin India Ltd
MSME Payment Delays by Patspin India Ltd
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Subsidiaries & Group Companies of Patspin India Ltd
Subsidiaries & Group Companies of Patspin India Ltd
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MCA Filings & Documents of Patspin India Ltd
MCA Filings & Documents of Patspin India Ltd
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Recent Activity on Patspin India Ltd
Frequently Asked Questions about Patspin India Ltd
Patspin India Ltd is an active public limited company in the manufacturing sector based in Ernakulam, Kerala, India. It was incorporated on 20 September 1991 (35+ years old) and is registered under CIN L18101KL1991PLC006194. Listed on BSE: 514326 and NSE: PATSPINLTD. The company has 412 employees.
Patspin India Ltd reported revenue of ₹48.83 Cr for FY 2025 (down 1.00% YoY).
The current directors of Patspin India Ltd are:
The primary industry of Patspin India Ltd is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.
Yes. Patspin India Ltd is listed on both BSE (code: 514326) and NSE (symbol: PATSPINLTD).
Patspin India Ltd can be reached at the registered office: 3Rd Floor Palal Towersravipuram M G Road, Ernakulam, Kerala, India – 682016, or through the website patspin.com.