About Precission Fabrics India Private Limited
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Precission Fabrics India 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 13 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17299TZ2003PTC010514. Its GSTIN is 33AADCP1771H1ZL (Tamil Nadu).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors including Vattakkalvalasu Sengottuvelappan Shanmugasundaram (Managing Director) and Kalaiselvi.
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 503 Veeraboyar Colony Dr Nanjappa Road, Coimbatore, Tamil Nadu, India – 641108.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.32 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹31.33 Lakh (net margin 1.2%) and EBITDA of ₹1.65 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 311 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.97 Cr and satisfied charges of ₹35.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website merinoonline.in.
Company details
Contact details
Precission Fabrics India Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is merinoonline.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address503 Veeraboyar Colony Dr Nanjappa Road, Coimbatore, Tamil Nadu, India – 641108
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Precission Fabrics India 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 Precission Fabrics India 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 Precission Fabrics India Private Limited, buy the company report.
Financials of Precission Fabrics India Private Limited
FY 2024 filings availablePrecission Fabrics India Private Limited reported revenue of ₹26.32 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 50% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.32 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.33 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Precission Fabrics India Private Limited, buy the company report.
Board of directors of Precission Fabrics India Private Limited
Precission Fabrics India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalaiselvi | Director | 13 Mar 2003 | 23 Years 7 Months | Current |
| Poojaa Shivani Also directs: VSD Garments Private Limited, Sles Calibration Private Limited, Precision Speciality Labinstruments Co Private Limited and 2 more | Director | 15 Jun 2020 | 6 Years 4 Months | Current |
| Vattakkalvalasu Sengottuvelappan Shanmugasundaram Also directs: VSD Garments Private Limited, Sles Calibration Private Limited, Precision Speciality Labinstruments Co Private Limited and 1 more | Managing Director | 13 Mar 2003 | 23 Years 7 Months | Current |
Peer comparison
Precission Fabrics India Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Swastik Dyeing and Processing Company Private Limited | ₹26.33 Cr (FY 2025) | 14.0% | Varanasi, Uttar Pradesh, India | |||
| Singhal Polytech Limited | ₹26.33 Cr (FY 2025) | -20.0% | New Delhi, Delhi, India | |||
| Christy Textile Products Private Limited | ₹26.33 Cr (FY 2024) | -36.0% | Tamil Nadu, India | |||
| Precission Fabrics India Private Limitedthis company | ₹26.32 Cr (FY 2024) | ₹31.33 Lakh | 1.2% | -12.0% | 311 | Coimbatore, Tamil Nadu, India |
| Eshan Yarns Private Limited | ₹26.3 Cr (FY 2021) | -13.0% | Ludhiana, Punjab, India | |||
| Ankleshwar Silk Mills Pvt Ltd | ₹26.26 Cr (FY 2024) | -35.0% | Surat, Gujarat, India |
To see the full peer comparison of Precission Fabrics India Private Limited, buy the company report.
Auditor
Precission Fabrics India Private Limited is audited by K.V.ANANDHI for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.V.ANANDHI | FY 2024 | 203582 |
Shareholding
The shareholding of Precission Fabrics India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Precission Fabrics India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2024 | 100965550 | Others | ₹3.5 Cr | Open | |
| 16 Dec 2022 | 100681305 | Others | ₹5.82 Cr | Open | |
| 18 May 2022 | 100583417 | Hdfc Bank Limited | ₹6 Lakh | Open | |
| 11 Dec 2018 | 100228807 | Others | ₹23.5 Lakh | Open | |
| 11 Dec 2017 | 100145063 | Others | ₹35.5 Lakh | Open |
To see the full charge records of Precission Fabrics India Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Precission Fabrics India Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, TUMAKURU, Karnataka | Court case (APPL.33C2) | Filed against the company by an individual | Pending |
To see the full case history of Precission Fabrics India 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 Precission Fabrics India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Precission Fabrics India Private Limited has a workforce of 311 employees on its EPFO records as of Feb 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 311 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Precission Fabrics India Private Limited, buy the company report.
GST
Precission Fabrics India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCP1771H1ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Precission Fabrics India Private Limited, buy the company report.
Recent activity
Precission Fabrics India Private Limited has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Elango Sengottuvelappan ceased to be Director on 24 Jul 2021.
6 earlier events are in the company report.
Frequently asked questions
Precission Fabrics India 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 13 March 2003 (23+ years old) and is registered under CIN U17299TZ2003PTC010514.
Precission Fabrics India has 3 current directors:
- Vattakkalvalasu Sengottuvelappan Shanmugasundaram - Managing Director
- Kalaiselvi - Director
- Poojaa Shivani - Director
The latest financial statements of Precission Fabrics India 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 Precission Fabrics India is 33AADCP1771H1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Precission Fabrics India is U17299TZ2003PTC010514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precission Fabrics India has 1 court case on record: 1 filed against it. 1 is pending.
Precission Fabrics India was incorporated on 13 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Precission Fabrics India by revenue are Swastik Dyeing and Processing Company Private Limited, Singhal Polytech Limited, Christy Textile Products Private Limited, Eshan Yarns Private Limited, Ankleshwar Silk Mills Pvt Ltd, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Elango Sengottuvelappan ceased to be Director on 24 Jul 2021. Gayathri ceased to be Director on 24 Jul 2021. Poojaa Shivani ceased to be Additional Director on 31 Dec 2020. Precission Fabrics India has 6 board changes on record in total.
Precission Fabrics India can be reached through the website merinoonline.in. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Precission Fabrics India is at 503 Veeraboyar Colony Dr Nanjappa Road, Coimbatore, Tamil Nadu, India – 641108.
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