About S P Textile Processors Private Limited
Data last updated:
S P Textile Processors Private Limited is a private limited company based in Salem, Tamil Nadu, India, a subsidiary of S P Spinning Mills Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 May 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1993PTC004424. Its GSTIN is 33AACCS9501K1ZC (Tamil Nadu).
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹9.02 Cr. It is led by directors Karthikeyan (Managing Director) and Karthikeyan Visagan.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1/104 Cuddalore Main Road Karipatty, Salem, Tamil Nadu, India – 636106.
As per the financials filed for FY 2025, the company reported a revenue of ₹106.93 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹3.54 Cr (net margin 3.3%) and EBITDA of ₹8.86 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 14% over five years.
The company is associated with 1 brand: S P Textile Processors. As per MCA filings, the company has open charges of ₹17.85 Cr and satisfied charges of ₹8.02 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spmills.com.
Company details
Contact details
S P Textile Processors Private Limited's registered office is in Salem, Tamil Nadu. Its website is spmills.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1/104 Cuddalore Main Road Karipatty, Salem, Tamil Nadu, India – 636106
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of S P Textile Processors 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
Brands
S P Textile Processors operates one associated brand: S P Textile Processors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures textiles via spinning, yarn dyeing, and weaving processes. | spmills.com |
Business activity
The main business activity of S P Textile Processors 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 S P Textile Processors Private Limited, buy the company report.
Financials of S P Textile Processors Private Limited
FY 2025 filings availableS P Textile Processors Private Limited reported revenue of ₹106.93 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 21% growth in the latest year. EBITDA rose 31% 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 |
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| EBITDA | ₹8.86 Cr | ||||
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| Net Profit (PAT) | ₹3.54 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 3.3% | ||||
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To see the full financial statements and ratios of S P Textile Processors Private Limited, buy the company report.
Board of directors of S P Textile Processors Private Limited
S P Textile Processors has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karthikeyan Also directs: S P Textile Mills LLP | Managing Director | 22 Sep 2006 | 20 Years 1 Months | Current |
| Karthikeyan Visagan Also directs: S P Textile Mills LLP | Additional Director | 28 Mar 2025 | 1 Years 6 Months | Current |
Peer comparison
S P Textile Processors Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| National Fibres Private Limited | ₹107.7 Cr (FY 2025) | 49.0% | Thane, Maharashtra, India | |||
| A One Textech Private Limited | ₹107.45 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Sausar Cotton Processing Private Limited | ₹107.21 Cr (FY 2025) | -17.0% | Nagpur, Maharashtra, India | |||
| Avgol India Private Limited | ₹107.1 Cr (FY 2025) | -10.0% | Bhopal, Madhya Pradesh, India | |||
| Bahubali Cottons Private Limited | ₹107.03 Cr (FY 2025) | 9.0% | Gevrai, Maharashtra, India | |||
| S P Textile Processors Private Limitedthis company | ₹106.93 Cr (FY 2025) | ₹3.54 Cr | 3.3% | 21.0% | Salem, Tamil Nadu, India | |
| Sruti Filatex Private Limited | ₹106.64 Cr (FY 2025) | 3.0% | Surat, Gujarat, India | |||
| Suzuki Textiles Limited | ₹106.58 Cr (FY 2025) | 549.0% | Bhilwara, Rajasthan, India | |||
| Sivaguru Spinning Mills Private Limited | ₹106.44 Cr (FY 2025) | 6.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of S P Textile Processors Private Limited, buy the company report.
Auditor
S P Textile Processors Private Limited is audited by PALRAJ & SENTHIL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PALRAJ & SENTHIL | FY 2023 | 007013S |
Shareholding
The shareholding of S P Textile Processors 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 S P Textile Processors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2024 | 100929449 | Hdfc Bank Limited | ₹23.2 Lakh | Open | |
| 19 Nov 2021 | 100526770 | State Bank of India | ₹71.5 Lakh | Open | |
| 25 Sep 2009 | 10185267 | State Bank of India | ₹16.9 Cr | Open | |
| 15 Apr 2021 | 100449592 | Hdfc Bank Limited | ₹17.29 Lakh | Satisfied | |
| 09 Jul 2008 | 10111108 | The Tamilnadu Industrial Investment Corporation Ltd | ₹7.85 Cr | Satisfied |
To see the full charge records of S P Textile Processors Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
S P Textile Processors Private Limited has 1 court case on record: 1 filed by S P Textile Processors. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against The State of Tamil Nadu | Disposed |
To see the full case history of S P Textile Processors 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
S P Textile Processors Private Limited was last rated by Icra on 31 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Oct 2019 |
To see the full credit ratings and regulatory alerts of S P Textile Processors Private Limited, buy the company report.
MSME payment delays
S P Textile Processors Private Limited has 2 MSME Form 1 returns on record between 2019 and 2021, listing 8 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sri Vari Chem | |||
| Sri Vedha Mills Private Limited | |||
| Srinivasa Packages | |||
| Ultra Chem | |||
| Enviros India Private Limited |
To see the full MSME payment records of S P Textile Processors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
S P Textile Processors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCS9501K1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S P Textile Processors Private Limited, buy the company report.
Recent activity
S P Textile Processors Private Limited has 8 board changes on record since 2006: 2 appointments and 6 cessations. The latest: Karthikeyan Visagan was appointed as Additional Director on 28 Mar 2025.
7 earlier events are in the company report.
Frequently asked questions
S P Textile Processors is an active private limited company based in Salem, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 May 1993 (33+ years old) and is registered under CIN U17111TZ1993PTC004424.
S P Textile Processors has 2 current directors:
- Karthikeyan - Managing Director
- Karthikeyan Visagan - Additional Director
The latest financial statements of S P Textile Processors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of S P Textile Processors is 33AACCS9501K1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of S P Textile Processors is U17111TZ1993PTC004424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S P Textile Processors has 1 court case on record: 1 filed by the company.
S P Textile Processors was incorporated on 26 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of S P Textile Processors by revenue are National Fibres Private Limited, A One Textech Private Limited, Sausar Cotton Processing Private Limited, Avgol India Private Limited, Bahubali Cottons Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Karthikeyan Visagan was appointed as Additional Director on 28 Mar 2025. Shanmukham Perumalmudaliar ceased to be Director on 27 Mar 2025. Shanmukham Saravana Perumal ceased to be Director on 27 Mar 2024. S P Textile Processors has 8 board changes on record in total.
S P Textile Processors has 2 MSME Form 1 returns on record between 2019 and 2021, listing 8 overdue payments to 7 micro and small suppliers. The latest return was filed on 23 Aug 2021.
S P Textile Processors can be reached through the website spmills.com. Its registered office is in Salem, Tamil Nadu, India.
The registered office of S P Textile Processors is at 1104 Cuddalore Main Road Karipatty, Salem, Tamil Nadu, India – 636106.