- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-03-0003233

About Premier Mills Private Limited
Data last updated:
Premier Mills 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 16 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1994PTC005511. Its GSTIN is 33AABCP5924C1ZU (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹52 Lakh and a paid-up capital of ₹11.31 Lakh. It was formerly known as Premier Fine Yarns Limited and Premier Fine Yarns Private Limited. It is led by directors including Ramachandran Jagadish Chandran (Managing Director) and Karadibhavi Varadarajan Srinivasan (Managing Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rrlandmarkno.1E – 1 Navaindiaroad, Coimbatore, Tamil Nadu, India – 641028.
As per the financials filed for FY 2025, the company reported a revenue of ₹277.81 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹6.22 Cr (net margin 2.2%) and EBITDA of ₹20.09 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over five years.
The company has about 98 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹106.79 Cr and satisfied charges of ₹339.71 Cr on record. Court records list 17 cases involving the company, including 15 filed by the company and 2 filed against it.
Premier Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0003233). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website premiermills.com.
Company details
Name history
Premier Mills has undergone 3 name changes throughout its history. The company was previously known as Premier Fine Yarns Limited, Premier Fine Yarns Private Limited, and Premier Polyarns Private Limited. The current legal name is Premier Mills Private Limited.
| Company Name | Status |
|---|---|
| Premier Mills Private Limited | Current |
| Premier Fine Yarns Limited | Previous |
| Premier Fine Yarns Private Limited | Previous |
| Premier Polyarns Private Limited | Previous |
Recognitions & Rankings of Premier Mills
Contact details
Premier Mills Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is premiermills.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRrlandmarkno.1E – 1 Navaindiaroad, Coimbatore, Tamil Nadu, India – 641028
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Premier Mills 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 Premier Mills 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 Premier Mills Private Limited, buy the company report.
Financials of Premier Mills Private Limited
FY 2025 filings availablePremier Mills Private Limited reported revenue of ₹277.81 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 1% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹277.81 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.22 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 2.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Premier Mills Private Limited, buy the company report.
Board of directors of Premier Mills Private Limited
Premier Mills has 8 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandran Jagadish Chandran Also directs: Jagadish Chandran Properties LLP, Coimbatore Twisters LLP, Kingsley Techpark LLP and 5 more | Managing Director | 21 Jan 2020 | 6 Years 9 Months | Current |
| Sabitha Chandran Also directs: Jagadish Chandran Properties LLP, Coimbatore Twisters LLP, Whitmore Techpark LLP and 5 more | Whole-Time Director | 01 Aug 2020 | 6 Years 3 Months | Current |
| Varun Srinivasan | Director | 01 Nov 2021 | 5 Years 0 Months | Current |
| Shanthi Srinivasan Also directs: Whitmore Techpark LLP, Westpro Techpark LLP, Premier Evolvics Private Limited and 5 more | Director | 04 Aug 2006 | 20 Years 2 Months | Current |
| Karadibhavi Varadarajan Srinivasan Also directs: Premier Evolvics Private Limited, Premier Fine Linens Private Limited, Esvee Consultants and Engineers Private Limited and 5 more | Managing Director | 16 Nov 1994 | 31 Years 11 Months | Current |
| Kavitha Chandran | Director | 04 Aug 2006 | 20 Years 2 Months | Current |
Peer comparison
Premier Mills Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Rainbow Fabart Private Limited | ₹279.23 Cr (FY 2025) | 44.0% | New Delhi, Delhi, India | |||
| Bhandari Hosiery Exports Limited | ₹278.82 Cr (FY 2025) | 4.0% | Punjab, India | |||
| Intimate Fashions (India)) Private Limited | ₹278.56 Cr (FY 2024) | -19.0% | Chennai, Tamil Nadu, India | |||
| Premier Mills Private Limitedthis company | ₹277.81 Cr (FY 2025) | ₹6.22 Cr | 2.2% | -5.0% | 98 | Coimbatore, Tamil Nadu, India |
| Shivank Udyog Limited | ₹276.59 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Rudra Cottex Private Limited | ₹276.55 Cr (FY 2025) | 24.0% | Odhav, Gujarat, India | |||
| Anugraha Fashion Mill Private Limited | ₹273.95 Cr (FY 2024) | 18.0% | Tirupur, Tamil Nadu, India | |||
| Vinod Cotfab Private Limited | ₹271.32 Cr (FY 2025) | -40.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Premier Mills Private Limited, buy the company report.
Auditor
Premier Mills Private Limited is audited by RAGHU AND RAM for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAGHU AND RAM | FY 2022 | FRN 003340S |
Shareholding
The shareholding of Premier Mills 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 Premier Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2025 | 101062787 | Others | ₹27.5 Cr | Open | |
| 04 Dec 2020 | 100393630 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 01 Apr 1999 | 80000002 | Others | ₹19.5 Cr | Open | |
| 01 Apr 1999 | 90000935 | Others | ₹19.79 Cr | Open | |
| 23 Mar 2012 | 10348116 | Export-Import Bank of India | ₹40 Cr | Satisfied |
To see the full charge records of Premier Mills Private Limited, buy the company report.
Total charge records: 22 View all charges
Legal cases
Premier Mills Private Limited has 17 court cases on record: 15 filed by Premier Mills, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 0 | 0 |
| District courts | 2 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Tamil Nadu Electricity Regulatory Commission and 4 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Tamil Nadu Electricity Regulatory Commission and 4 others | Disposed |
| NCLT, Chennai | Insolvency matter | Filed by the company against Regen Insfrastructure and Service Private Limited and 3 others | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The State of Tamil Nadu and 2 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The State of Tamil Nadu and 2 others | Disposed |
To see the full case history of Premier Mills 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.
Credit ratings & regulatory alerts
Premier Mills Private Limited was last rated by Crisil on 27 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Aug 2021 |
To see the full credit ratings and regulatory alerts of Premier Mills Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Premier Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Premier Mills has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bangalore Terrace Holdings Private Limited | U70100TZ2013PTC019294 | |
| Bagalur Holdings Private Limited | U70101TZ2002PTC010074 | |
| Irugur Holdings Private Limited | U70102TZ2007PTC013417 |
To see the full group structure of Premier Mills Private Limited, buy the company report.
Employees & EPFO
Premier Mills Private Limited has a workforce of 98 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Premier Mills has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCP5924C1ZU | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Premier Mills Private Limited, buy the company report.
Recent activity
Premier Mills Private Limited has 19 board changes on record since 1994: 8 appointments and 11 cessations. The latest: Santhanagopalakrishnan Vaidyanathan ceased to be Additional Director on 29 Sep 2024.
66 earlier events are in the company report.
Frequently asked questions
Premier Mills 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 16 November 1994 (32+ years old) and is registered under CIN U17111TZ1994PTC005511.
Premier Mills has 8 current directors:
- Ramachandran Jagadish Chandran - Managing Director
- Karadibhavi Varadarajan Srinivasan - Managing Director
- Sabitha Chandran - Whole-Time Director
- Varun Srinivasan - Director
- Shanthi Srinivasan - Director
- Kavitha Chandran - Director
- Talal Sadasivam Jayachandran - Director
- Santhanagopalakrishnan Vaidyanathan - Director
The latest financial statements of Premier Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Premier Mills is 33AABCP5924C1ZU, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Premier Mills is U17111TZ1994PTC005511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Premier Mills has 17 court cases on record: 15 filed by the company and 2 filed against it. Most are in the high courts.
Premier Mills was incorporated on 16 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Premier Mills by revenue are Rainbow Fabart Private Limited, Bhandari Hosiery Exports Limited, Intimate Fashions (India)) Private Limited, Shivank Udyog Limited, Rudra Cottex Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Santhanagopalakrishnan Vaidyanathan ceased to be Additional Director on 29 Sep 2024. Talal Sadasivam Jayachandran ceased to be Additional Director on 29 Sep 2024. Santhanagopalakrishnan Vaidyanathan was appointed as Director on 01 Apr 2024. Premier Mills has 19 board changes on record in total.
Yes, Premier Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-03-0003233).
Premier Mills can be reached through the website premiermills.com. Its registered office is in Coimbatore, Tamil Nadu, India.

