Qmax Spinners India Private Limited

Qmax Spinners India Private Limited - manufacturing in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17111TZ2003PTC010891 Incorporated 11 December 2003 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2018
₹87,999
▼ 97% YoY
Net loss · FY 2018
₹8.85 Lakh
Latest filing
EBITDA · FY 2018
₹47,925
EBITDA margin 54.5%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Open charges
₹3.24 Cr
Satisfied ₹3.01 Cr
Company age
23 yrs
Est. 2003
Directors on board
3
As per MCA filings

About Qmax Spinners India Private Limited

Data last updated:

Qmax Spinners 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 11 December 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2003PTC010891. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Varadharajan Janarthanan (Managing Director) and Balasubramanian Easwaran.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 7 /23M T P Road N S N Palayam, Coimbatore, Tamil Nadu, India – 641031.

As per the financials filed for FY 2018, the company reported a revenue of ₹87,999, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹8.85 Lakh and EBITDA of ₹47,925 (EBITDA margin 54.5%). Revenue has declined at a compounded annual rate (CAGR) of 89% over three years.

As per MCA filings, the company has open charges of ₹3.24 Cr and satisfied charges of ₹3.01 Cr on record. Court records list 20 cases involving the company, including 6 filed by the company and 10 filed against it; 1 case is pending.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company Details of Qmax Spinners India Private Limited
CIN U17111TZ2003PTC010891
Registration Number 010891
Incorporation Date 11 December 2003
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    7 /23M T P Road N S N Palayam, Coimbatore, Tamil Nadu, India – 641031
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Qmax Spinners India Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Qmax Spinners India Private Limited

The main business activity of Qmax Spinners India is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Qmax Spinners India Private Limited FY 2018 filings available

Qmax Spinners India Private Limited reported revenue of ₹87,999 (down 97% YoY) for FY 2018.

Revenue · FY 2018
₹87,999 ▼ 97%
Net loss · FY 2018
₹8.85 Lakh
EBITDA · FY 2018
₹47,925 margin 54.5%

Compounded Annual Growth Rate (CAGR) of Qmax Spinners India Private Limited

Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 89%
EBITDA CAGR growth
1 year
▲ 101%
3 years · compounded
▼ 80%

Revenue has declined at a compounded annual rate (CAGR) of 89% over three years, including a 97% fall in the latest year. EBITDA rose 101% 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 Qmax Spinners India Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue••••••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA₹47,925••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)-₹8.85 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 Qmax Spinners India Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin54.5%••••••••••••
Net Profit Margin••••••••••••••••
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 Qmax Spinners India are in the company report.

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Financial statements from 2015

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Board of Directors of Qmax Spinners India Private Limited

Qmax Spinners India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Varadharajan JanarthananManaging Director11 Dec 200322 Years 10 MonthsCurrent
Nagarajan RangasamyAdditional Director12 Mar 201412 Years 7 MonthsCurrent
Balasubramanian EaswaranDirector19 Jan 201016 Years 9 MonthsCurrent

Peer Comparison of Qmax Spinners India Private Limited

Qmax Spinners India Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sacred Brain Private Limited₹88,410 (FY 2021)••••••••-22.0%••••Kanpur Nagar, Uttar Pradesh, India
Dmax Styles India Private Limited₹88,119 (FY 2021)••••••••••••Delhi, India
Versus Impex Private Limited₹88,100 (FY 2021)••••••••-59.0%••••Delhi, India
Kasha Textiles Private Limited₹88,019 (FY 2021)••••••••-28.0%••••Mumvai, Maharashtra, India
Treadstone India Private Limited₹88,000 (FY 2025)••••••••14.0%••••Kanur, Uttar Pradesh, India
Qmax Spinners India Private Limited this company₹87,999 (FY 2018)••••••••-97.0%••••Coimbatore, Tamil Nadu, India
Pin-Point Fashions Private Limited₹87,900 (FY 2024)••••••••4.0%••••Delhi, India
SRG Multi Texfab Private Limited₹87,881 (FY 2024)••••••••••••Kishangarh, Rajasthan, India
Divya Fibres Limited₹87,730 (FY 2024)••••••••16.0%••••Uttar Pradesh, India
Sree Umayambigai Textile Mills Private Limited₹87,510 (FY 2025)••••••••17.0%••••Virudhunagar, Tamil Nadu, India
Manakmoti Spinnings Private Limited₹87,320 (FY 2017)••••••••937.0%••••Pune, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Qmax Spinners India by revenue in the Manufacturing industry (Textiles), 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 Qmax Spinners India Private Limited

Qmax Spinners India Private Limited is audited by K S RAMAMURTHY & CO for the financial year 2015.

NameStatusAppointment DateCessation Date
K S RAMAMURTHY & COLockedLockedLocked
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Ownership and Shareholding of Qmax Spinners India Private Limited

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Charges & Borrowings of Qmax Spinners India Private Limited

Open charges
₹3.24 Cr
Satisfied charges
₹3.01 Cr
Breakdown by lending institutions
Axis Bank Ltd₹3.24 Cr
Latest charge details
DateLenderAmountStatus
26 Sep 2014Axis Bank Ltd₹3.24 CrOpen
12 Oct 2010Canara Bank₹2.16 CrSatisfied
05 Sep 2008State Bank of India₹85 LakhSatisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Qmax Spinners India Private Limited

Qmax Spinners India Private Limited has a workforce of 0 employees as of Apr 01, 2024.

Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Qmax Spinners India Private Limited

Qmax Spinners India Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Nagarajan Rangasamy was appointed as Additional Director on 12 Mar 2014.

AGM
Qmax Spinners India Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Qmax Spinners India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Coimbatore.
Charges
A charge with Axis Bank Ltd of Rs. 323.67 Lakh registered on 26 Sep 2014 with Charge ID 10525438 was modified on 26 Nov 2014.
Charges
A charge registered on 12 Oct 2010 via Charge ID 10247029 with Canara Bank was fully satisfied on 24 Oct 2014.
Charges
A charge with Axis Bank Ltd amounted to Rs. 323.67 Lakh with Charge ID 10525438 was registered on 26 Sep 2014.
Appointed
Nagarajan Rangasamy was appointed as Additional Director.
Charges
A charge with Canara Bank of Rs. 215.60 Lakh registered on 12 Oct 2010 with Charge ID 10247029 was modified on 10 Dec 2013.
Charges
A charge registered on 05 Sep 2008 via Charge ID 10125472 with State Bank Of India was fully satisfied on 20 Oct 2010.
Charges
A charge with Canara Bank amounted to Rs. 215.60 Lakh with Charge ID 10247029 was registered on 12 Oct 2010.
Ceased
Ramamurthy Venkateswaran ceased to be Director.
Appointed
Balasubramanian Easwaran was appointed as Director.
Ceased
Varadharajan Janarthanan ceased to be Director.

3 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Qmax Spinners India Private Limited

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MSME Payment Delays by Qmax Spinners India Private Limited

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Subsidiaries & Group Companies of Qmax Spinners India Private Limited

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GST Compliance of Qmax Spinners India Private Limited

Qmax Spinners India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Qmax Spinners India Private Limited

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Frequently Asked Questions about Qmax Spinners India Private Limited

Qmax Spinners 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 11 December 2003 (23+ years old) and is registered under CIN U17111TZ2003PTC010891.

Qmax Spinners India reported revenue of ₹87,999 for FY 2018 (down 97% YoY).

Qmax Spinners India has 3 current directors:

Qmax Spinners India reported a net loss of ₹8.85 Lakh and EBITDA of ₹47,925 (EBITDA margin 54.5%) for FY 2018, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Qmax Spinners India is -89% over three years. In the latest year (FY 2018) revenue fell 97%. CAGR is the steady yearly rate that links the first and the last year.

No. Qmax Spinners India has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Qmax Spinners India is U17111TZ2003PTC010891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Qmax Spinners India has 20 court cases on record: 6 filed by the company and 10 filed against it. 1 is pending. Most are in the high courts.

Qmax Spinners India was incorporated on 11 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Qmax Spinners India by revenue are Sacred Brain Private Limited, Dmax Styles India Private Limited, Versus Impex Private Limited, Kasha Textiles Private Limited, Treadstone India Private Limited and 5 more, all in the Manufacturing industry (Textiles).

Nagarajan Rangasamy was appointed as Additional Director on 12 Mar 2014. Ramamurthy Venkateswaran ceased to be Director on 23 Sep 2010. Balasubramanian Easwaran was appointed as Director on 19 Jan 2010. Qmax Spinners India has 5 board changes on record in total.

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