MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0041548
Raga Tex India Private Limited
Raga Tex India Private Limited - consumer goods in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹39.23 Cr
▼ 4% YoY
Net profit · FY 2024
₹52.66 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹2.44 Cr
EBITDA margin 6.2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹30.48 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
160
Provident fund records
About Raga Tex India Private Limited
Data last updated:
Raga Tex India Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 21 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2008PTC014171. Its GSTIN is 33AAECR9933N1ZT (Tamil Nadu).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Raga Textile India Private Limited. It is led by directors Vellalur Arumugam Thirumagal (Managing Director) and Kanagaraj Bharathi.
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 7/172 Aandakkapalayam Vallanaipatty (Post), Coimbatore, Tamil Nadu, India – 641035.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.23 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹52.66 Lakh (net margin 1.3%) and EBITDA of ₹2.44 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The company has about 160 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30.48 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Raga Tex India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0041548). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17111TZ2008PTC014171
Registration Number 014171
Incorporation Date 21 January 2008
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-03-0041548
Recognitions & Rankings of Raga Tex India
Contact details
Raga Tex India Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7/172 Aandakkapalayam Vallanaipatty (Post), Coimbatore, Tamil Nadu, India – 641035
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Raga Tex India Private Limited, buy the company report.
Comprehensive company report
Raga Tex India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Raga Tex 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 Raga Tex India Private Limited, buy the company report.
Financials of Raga Tex India Private Limited
FY 2024 filings availableRaga Tex India Private Limited reported revenue of ₹39.23 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹39.23 Cr ▼ 4%
Net profit · FY 2024
₹52.66 Lakh margin 1.3%
EBITDA · FY 2024
₹2.44 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 3%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 6%
5 years · compounded
▲ 8%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 19% 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.66 Lakh | ||||
| 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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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Raga Tex India Private Limited, buy the company report.
Board of directors of Raga Tex India Private Limited
Raga Tex India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanagaraj Bharathi | Director | 21 Jan 2008 | 18 Years 9 Months | Current |
| Vellalur Arumugam Thirumagal | Managing Director | 21 Jan 2008 | 18 Years 9 Months | Current |
Peer comparison
Raga Tex India Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers), 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 |
|---|---|---|---|---|---|---|
| R.K.Exports (Karur) Private Limited | ₹40.16 Cr (FY 2025) | -15.0% | Karur, Tamil Nadu, India | |||
| Ramesh Impex Private Limited | ₹40 Cr (FY 2024) | 13.0% | Delhi, India | |||
| Raga Tex India Private Limitedthis company | ₹39.23 Cr (FY 2024) | ₹52.66 Lakh | 1.3% | -4.0% | 160 | Coimbatore, Tamil Nadu, India |
| Romero Home Private Limited | ₹38.93 Cr (FY 2024) | 11.0% | Gharunda, Haryana, India | |||
| Vijay Modern Loomtex Private Limited | ₹38.71 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Creative Vastrado Private Limited | ₹38.3 Cr (FY 2025) | 92.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Raga Tex India Private Limited, buy the company report.
Auditor
Raga Tex India Private Limited is audited by K.KUMARASWAMY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.KUMARASWAMY | FY 2023 | 203247 |
Shareholding
The shareholding of Raga Tex India 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 Raga Tex India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30.48 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2013 | 10438046 | State Bank of India | ₹30.48 Cr | Open |
To see the full charge records of Raga Tex India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Raga Tex India Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company | Disposed |
To see the full case history of Raga Tex 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 Raga Tex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Raga Tex India Private Limited has a workforce of 160 employees on its EPFO records as of May 2026.
Employee count
160
Employee growth
-7.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 160 |
| 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 |
To see the full employee and EPFO history of Raga Tex India Private Limited, buy the company report.
GST
Raga Tex India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECR9933N1ZT | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raga Tex India Private Limited, buy the company report.
Recent activity
Raga Tex India Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Kanagaraj Bharathi was appointed as Director on 21 Jan 2008.
Charges
A charge with State Bank Of India of Rs. 30.48 Cr registered on 28 Jun 2013 with Charge ID 10438046 was modified on 26 Mar 2025.
AGM
Raga Tex India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Raga Tex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with State Bank Of India amounted to Rs. 30.48 Cr with Charge ID 10438046 was registered on 28 Jun 2013.
Appointed
Kanagaraj Bharathi was appointed as Director.
Appointed
Vellalur Arumugam Thirumagal was appointed as Managing Director.
Incorporation
21 Jan 2008
Raga Tex India Private Limited was registered on 21 Jan 2008 with Roc Coimbatore & aged 18 years 9 months as per MCA records.
Frequently asked questions
Raga Tex India is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 21 January 2008 (18+ years old) and is registered under CIN U17111TZ2008PTC014171.
Raga Tex India has 2 current directors:
- Vellalur Arumugam Thirumagal - Managing Director
- Kanagaraj Bharathi - Director
The latest financial statements of Raga Tex 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 Raga Tex India is 33AAECR9933N1ZT, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Raga Tex India is U17111TZ2008PTC014171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raga Tex India has 3 court cases on record: 3 filed against it.
Raga Tex India was incorporated on 21 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Raga Tex India by revenue are R.K.Exports (Karur) Private Limited, Ramesh Impex Private Limited, Romero Home Private Limited, Vijay Modern Loomtex Private Limited, Creative Vastrado Private Limited, all in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Kanagaraj Bharathi was appointed as Director on 21 Jan 2008. Vellalur Arumugam Thirumagal was appointed as Managing Director on 21 Jan 2008.
Yes, Raga Tex India is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0041548).
The registered office of Raga Tex India is at 7172 Aandakkapalayam Vallanaipatty Post, Coimbatore, Tamil Nadu, India – 641035.
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