About Remmy Textiles Private Limited
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Remmy Textiles Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 29 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17299TZ2019PTC031925. Its GSTIN is 33AAJCR5126N1Z3 (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Pradeepkannan Leelakrishnan and Leelakrishnan Chinnasamy.
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 Sf.No:321/16A1B Kattampatti Post Kinathukadavu Taluk, Coimbatore, Tamil Nadu, India – 642202.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.96 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹8.68 Lakh (net margin 0.2%) and EBITDA of ₹4.63 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
The company has about 630 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹62.75 Cr and satisfied charges of ₹80.26 Cr on record.
For more details, the company can be reached via its website remmytextiles.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSf.No:321/16A1B Kattampatti Post Kinathukadavu Taluk, Coimbatore, Tamil Nadu, India – 642202
- IndustryFashion and Textile, Innerwear
- 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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Business Activity of Remmy Textiles Private Limited
The main business activity of Remmy Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Remmy Textiles Private Limited FY 2024 filings available
Remmy Textiles Private Limited reported revenue of ₹37.96 Cr (down 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Remmy Textiles Private Limited
Revenue fell 32% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 46%. 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 of Remmy Textiles Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.68 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 Remmy Textiles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Remmy Textiles are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Remmy Textiles Private Limited
Remmy Textiles Private Limited is audited by K C S ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K C S ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Remmy Textiles Private Limited
Remmy Textiles has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeepkannan Leelakrishnan | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Leelakrishnan Chinnasamy | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Suriyanarayanan Varadharaj Also directs: Remmy Substrates India Private Limited | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Sumathi Leelakrishnan Also directs: Remmy Substrates India Private Limited | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Vijayakumar Devaraj Also directs: Remmy Substrates India Private Limited | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Sivakumar Devaraj Also directs: Remmy Substrates India Private Limited | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Remmy Textiles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Remmy Textiles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2024 | Indian Bank | ₹62.57 Cr | Open |
| 09 Oct 2023 | Hdfc Bank Limited | ₹18 Lakh | Open |
| 05 Oct 2021 | Others | ₹9.82 Cr | Satisfied |
| 05 Oct 2021 | Others | ₹45.5 Cr | Satisfied |
| 25 Sep 2021 | Others | ₹24.94 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Remmy Textiles Private Limited
Remmy Textiles Private Limited has a workforce of 630 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Remmy Textiles Private Limited
Remmy Textiles Private Limited has 6 board changes on record since 2019: 6 appointments. The latest: Leelakrishnan Chinnasamy was appointed as Director on 29 Mar 2019.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Remmy Textiles Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Remmy Textiles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Remmy Textiles Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Remmy Textiles Private Limited
Remmy Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCR5126N1Z3 | Tamil Nadu | Active | 10 Apr 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Remmy Textiles Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Remmy Textiles Private Limited
Remmy Textiles is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 29 March 2019 (7+ years old) and is registered under CIN U17299TZ2019PTC031925.
Remmy Textiles reported revenue of ₹37.96 Cr for FY 2024 (down 32% YoY).
Remmy Textiles has 6 current directors:
- Pradeepkannan Leelakrishnan - Director
- Leelakrishnan Chinnasamy - Director
- Suriyanarayanan Varadharaj - Director
- Sumathi Leelakrishnan - Director
- Vijayakumar Devaraj - Director
- Sivakumar Devaraj - Director
Remmy Textiles reported a net profit of ₹8.68 Lakh (net margin 0.2%) and EBITDA of ₹4.63 Cr (EBITDA margin 12.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Remmy Textiles is 46% over three years. In the latest year (FY 2024) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Remmy Textiles is 33AAJCR5126N1Z3, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Remmy Textiles is U17299TZ2019PTC031925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Remmy Textiles was incorporated on 29 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Coimbatore.
Leelakrishnan Chinnasamy was appointed as Director on 29 Mar 2019. Pradeepkannan Leelakrishnan was appointed as Director on 29 Mar 2019. Sivakumar Devaraj was appointed as Director on 29 Mar 2019. Remmy Textiles has 6 board changes on record in total.
Remmy Textiles can be reached through the website remmytextiles.com. Its registered office is in Coimbatore, Tamil Nadu, India.