MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-12-0023716
Quality Knit Wears Private Limited - manufacturing in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹110.52 Cr
▲ 62% YoY
Net profit · FY 2025
₹3.71 Cr
Net margin 3.4%
EBITDA · FY 2025
₹9.23 Cr
EBITDA margin 8.4%
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹7 Cr
Issued & subscribed
Open charges
₹50.04 Cr
Satisfied ₹4.78 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
645
Provident fund records
About Quality Knit Wears Private Limited
Data last updated:
Quality Knit Wears Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U18101TN1996PTC035335. Its GSTIN is 33AAACQ0990N1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹7 Cr. It is led by directors including Sridhar Kethuva Rengachary (Managing Director) and Kumaran Jaghuva Balagangadharan (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 Madurai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹110.52 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹3.71 Cr (net margin 3.4%) and EBITDA of ₹9.23 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.
The company has about 645 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Quality Knit Wears and Quality Knit Wears. As per MCA filings, the company has open charges of ₹50.04 Cr and satisfied charges of ₹4.78 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company.
Quality Knit Wears Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-12-0023716). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qualityknitwears.com.
Company details
CIN U18101TN1996PTC035335
Registration Number 035335
Incorporation Date 25 April 1996
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-12-0023716
Key People
Sridhar Kethuva Rengachary Managing Director Kumaran Jaghuva Balagangadharan Managing Director Muralidharan Kituva Rengacchary Director Recognitions & Rankings of Quality Knit Wears
Contact details
Quality Knit Wears Private Limited's registered office is in Madurai, Tamil Nadu. Its website is qualityknitwears.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 1A Bharathi Street, Managiri K Nagar, Madurai, Tamil Nadu, India – 625020
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Quality Knit Wears Private Limited, buy the company report.
Comprehensive company report
Quality Knit Wears Private Limited - one report that includes everything
- 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
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Brands
Quality Knit Wears operates two associated brands: QUALITY KNIT WEARS and Quality Knit Wears. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports high-quality knitted and woven garments. | qualityknitwears.in | |
| Manufacturing and exporting of knitted and woven garments in India. | qualityknitwears.com |
Business activity
The main business activity of Quality Knit Wears 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 Quality Knit Wears Private Limited, buy the company report.
Financials of Quality Knit Wears Private Limited
FY 2025 filings availableQuality Knit Wears Private Limited reported revenue of ₹110.52 Cr (up 62% YoY) for FY 2025.
Revenue · FY 2025
₹110.52 Cr ▲ 62%
Net profit · FY 2025
₹3.71 Cr margin 3.4%
EBITDA · FY 2025
₹9.23 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 4%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 62% growth in the latest year. EBITDA rose 24% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.71 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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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 Quality Knit Wears Private Limited, buy the company report.
Board of directors of Quality Knit Wears Private Limited
Quality Knit Wears has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muralidharan Kituva Rengacchary Also directs: Intalia Knit Wear Private Limited | Director | 10 Nov 1999 | 27 Years 0 Months | Current |
| Sridhar Kethuva Rengachary | Managing Director | 22 Aug 1997 | 29 Years 2 Months | Current |
| Kumaran Jaghuva Balagangadharan | Managing Director | 25 Apr 1996 | 30 Years 6 Months | Current |
| Saravanan Jaguva Balagangadharan | Director | 10 Nov 1999 | 27 Years 0 Months | Current |
| Nagaharshan Kumaresh Babu Nattamai Malli Ganesan | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Amrutesh Jaghuva Kumaran | Director | 17 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Quality Knit Wears 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 |
|---|---|---|---|---|---|---|
| Wonderblues Apparels Private Limited | ₹110.67 Cr (FY 2025) | -27.0% | Ahmedabad, Gujarat, India | |||
| Jayashree Weaves India Private Limited | ₹110.6 Cr (FY 2025) | 60.0% | Namakkal, Tamil Nadu, India | |||
| RBR Garments Private Limited | ₹110.59 Cr (FY 2023) | 22.0% | Tirupur, Tamil Nadu, India | |||
| Quality Knit Wears Private Limitedthis company | ₹110.52 Cr (FY 2025) | ₹3.71 Cr | 3.4% | 62.0% | 645 | Madurai, Tamil Nadu, India |
| Apollo Digitex Private Limited | ₹110.27 Cr (FY 2025) | 622.0% | Amritsar, Punjab, India | |||
| Kaveri Ginning Mills Private Limited | ₹110.27 Cr (FY 2025) | 5.0% | Karimnagar, Telangana, India |
To see the full peer comparison of Quality Knit Wears Private Limited, buy the company report.
Auditor
Quality Knit Wears Private Limited is audited by B PURUSHOTTAM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B PURUSHOTTAM & CO | FY 2023 | 002808S |
Shareholding
The shareholding of Quality Knit Wears Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Quality Knit Wears Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50.04 Cr
Satisfied charges
₹4.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2024 | 101029611 | Others | ₹45 Lakh | Open | |
| 12 Sep 2024 | 100979017 | Others | ₹1.67 Cr | Open | |
| 09 Oct 2003 | 90285620 | Others | ₹47.92 Cr | Open | |
| 11 Mar 2021 | 100429784 | Others | ₹4.75 Lakh | Satisfied | |
| 04 Sep 2020 | 100399128 | Others | ₹15 Lakh | Satisfied |
To see the full charge records of Quality Knit Wears Private Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Quality Knit Wears Private Limited has 6 court cases on record: 6 filed by Quality Knit Wears. All cases are disposed.
Total cases
6
Filed by the company
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against State of Tamil Nadu and 1 other | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against State of Tamilnadu, and 1 other | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against State of Tamilnadu, and 1 other | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against State of Tamil Nadu and 1 other | Disposed |
To see the full case history of Quality Knit Wears 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
Quality Knit Wears Private Limited was last rated by Crisil on 25 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Feb 2020 |
To see the full credit ratings and regulatory alerts of Quality Knit Wears Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Quality Knit Wears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Quality Knit Wears Private Limited has a workforce of 645 employees on its EPFO records as of May 2026, across 4 active EPFO establishments.
Employee count
645
Active EPFO establishments
4
Employee growth
-4.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 645 |
| FY 2025-26 | |
| 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 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Quality Knit Wears Private Limited, buy the company report.
GST
Quality Knit Wears has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACQ0990N1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Quality Knit Wears Private Limited, buy the company report.
Recent activity
Quality Knit Wears Private Limited has 9 board changes on record since 1996: 6 appointments and 3 cessations. The latest: Nagaharshan Kumaresh Babu Nattamai Malli Ganesan was appointed as Director on 30 Sep 2019.
Charges
A charge with Others of Rs. 1.67 Cr registered on 12 Sep 2024 with Charge ID 100979017 was modified on 05 Nov 2025.
Charges
A charge with Others of Rs. 47.92 Cr registered on 09 Oct 2003 with Charge ID 90285620 was modified on 05 Nov 2025.
Charges
A charge registered on 04 Sep 2020 via Charge ID 100399128 with Others was fully satisfied on 06 Oct 2025.
AGM
Quality Knit Wears Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Quality Knit Wears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge registered on 12 Dec 2019 via Charge ID 100312442 with Others was fully satisfied on 14 Feb 2025.
Charges
A charge with Others amounted to Rs. 0.45 Cr with Charge ID 101029611 was registered on 18 Dec 2024.
Charges
A charge with Others amounted to Rs. 1.67 Cr with Charge ID 100979017 was registered on 12 Sep 2024.
Charges
A charge registered on 11 Mar 2021 via Charge ID 100429784 with Others was fully satisfied on 07 Jun 2022.
Charges
A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100429784 was registered on 11 Mar 2021.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100399128 was registered on 04 Sep 2020.
Charges
A charge registered on 28 Feb 2018 via Charge ID 100177890 with Others was fully satisfied on 16 Jun 2020.
46 earlier events are in the company report.
Frequently asked questions
Quality Knit Wears is an active private limited company based in Madurai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 April 1996 (30+ years old) and is registered under CIN U18101TN1996PTC035335.
Quality Knit Wears has 6 current directors:
- Sridhar Kethuva Rengachary - Managing Director
- Kumaran Jaghuva Balagangadharan - Managing Director
- Muralidharan Kituva Rengacchary - Director
- Saravanan Jaguva Balagangadharan - Director
- Nagaharshan Kumaresh Babu Nattamai Malli Ganesan - Director
- Amrutesh Jaghuva Kumaran - Director
The latest financial statements of Quality Knit Wears 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 Quality Knit Wears is 33AAACQ0990N1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Quality Knit Wears is U18101TN1996PTC035335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quality Knit Wears has 6 court cases on record: 6 filed by the company.
Quality Knit Wears was incorporated on 25 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Quality Knit Wears by revenue are Wonderblues Apparels Private Limited, Jayashree Weaves India Private Limited, RBR Garments Private Limited, Apollo Digitex Private Limited, Kaveri Ginning Mills Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Nagaharshan Kumaresh Babu Nattamai Malli Ganesan was appointed as Director on 30 Sep 2019. Amrutesh Jaghuva Kumaran ceased to be Additional Director on 28 Sep 2016. Saravanan Jaguva Balagangadharan ceased to be Managing Director on 28 Sep 2016. Quality Knit Wears has 9 board changes on record in total.
Yes, Quality Knit Wears is registered as an MSME under Udyam registration (number: UDYAM-TN-12-0023716).
Quality Knit Wears can be reached through the website qualityknitwears.com. Its registered office is in Madurai, Tamil Nadu, India.
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