Sabari Textiles Private Limited
About Sabari Textiles Private Limited
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Sabari Textiles Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74110TN2006PTC061481. Its GSTIN is 33AAKCS3865N1ZR (Tamil Nadu).
The company has an authorised share capital of ₹21.2 Cr and a paid-up capital of ₹21.17 Cr. It is led by directors including Ajay Unnikrishnan and Madhavan Shashi Kumar Nair.
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 Flat No.2 2nd Floor Trade Centre 114 Wallajah Road, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.95 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹54.77 Lakh (net margin -1.2%) and EBITDA of ₹18.64 Lakh (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 5% over five years.
The company has about 94 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4 Lakh and satisfied charges of ₹32.48 Cr on record. Court records list 26 cases involving the company, including 20 filed by the company and 6 filed against it; 6 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹21.07 Cr; the latest was in March 2021. Its 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 5 smaller; the largest is S A Textiless Private Limited with revenue of ₹46.02 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sabari Textiles has one previous CIN (Corporate Identification Number): U17122TN2006PTC061481. The current CIN is U74110TN2006PTC061481, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110TN2006PTC061481 | Current |
| U17122TN2006PTC061481 | Previous |
Contact details
Sabari Textiles Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.2 2nd Floor Trade Centre 114 Wallajah Road, Chennai, Tamil Nadu, India – 600002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sabari Textiles 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
Business activity
The main business activity of Sabari Textiles 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 Sabari Textiles Private Limited, buy the company report.
Financials of Sabari Textiles Private Limited
FY 2024 filings availableSabari Textiles Private Limited reported revenue of ₹45.95 Cr (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 17% fall in the latest year. EBITDA fell 94% 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 |
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| Total Expenses | |||||
| EBITDA | ₹18.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹54.77 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | -1.2% | ||||
| Return on Equity (ROE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Sabari Textiles Private Limited, buy the company report.
Board of directors of Sabari Textiles Private Limited
Sabari Textiles has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Unnikrishnan Also directs: Citrus Resorts Chennai Private Limited, Sabari Media Private Limited, Kosca Distribution LLP and 3 more | Director | 05 Jul 2021 | 5 Years 3 Months | Current |
| Madhavan Shashi Kumar Nair Also directs: Dewa Properties Limited, Asset Sabari Properties Private Limited, Sabari Infra Private Limited and 5 more | Director | 10 Nov 2006 | 19 Years 11 Months | Current |
| Leena Shashi | Director | 10 Nov 2006 | 19 Years 11 Months | Current |
Peer comparison
Sabari Textiles Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| S A Textiless Private Limited | ₹46.02 Cr (FY 2025) | -15.0% | Coimbatore, Tamil Nadu, India | |||
| Jacquard Fabrics (India) Private Limited | ₹46.02 Cr (FY 2025) | 2.0% | Coimbatore, Tamil Nadu, India | |||
| Shree Ganesh Threads Private Limited | ₹45.98 Cr (FY 2025) | 9.0% | Patran, Punjab, India | |||
| Golconda Textiles Private Limited | ₹45.95 Cr (FY 2022) | 461.0% | Hyderabad, Telangana, India | |||
| Sabari Textiles Private Limitedthis company | ₹45.95 Cr (FY 2024) | -₹54.77 Lakh | -1.2% | -17.0% | 94 | Chennai, Tamil Nadu, India |
| Rajtharun Textiles India Private Limited | ₹45.91 Cr (FY 2022) | 45.0% | Coimbatore, Tamil Nadu, India | |||
| Lahoti Textiles Private Limited | ₹45.91 Cr (FY 2025) | 11.0% | Ichalkaranji, Maharashtra, India | |||
| K. R. Composites Private Limited | ₹45.9 Cr (FY 2025) | 16.0% | Surat, Gujarat, India | |||
| Malhar Fashions (India) Private Limited | ₹45.88 Cr (FY 2025) | 7.0% | Thane, Maharashtra, India | |||
| Prabhakar Processors Private Limited | ₹45.87 Cr (FY 2024) | 2.0% | Palsana, Gujarat, India |
To see the full peer comparison of Sabari Textiles Private Limited, buy the company report.
Auditor
Sabari Textiles Private Limited is audited by T.S.Sivaramakrisnan & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T.S.Sivaramakrisnan & Co | FY 2023 | 006009S |
Shareholding
The shareholding of Sabari Textiles 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 Sabari Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2022 | 100669361 | Others | ₹4 Lakh | Open | |
| 09 Dec 2014 | 10571136 | Indian Bank | ₹3 Cr | Satisfied | |
| 02 Apr 2014 | 10490567 | Indian Bank | ₹3 Cr | Satisfied | |
| 29 Oct 2007 | 10076101 | Indian Bank | ₹12.93 Cr | Satisfied | |
| 04 Oct 2007 | 10072018 | Others | ₹13.55 Cr | Satisfied |
To see the full charge records of Sabari Textiles Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Sabari Textiles Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹21.07 Cr; the latest was in March 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Shashi Kumar Nair (HUF), an individual Seller: Govinda Prasad (HUF), Planko Commercial Pvt.Ltd. , Priti Tradefin Pvt Ltd , an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Kayem Exports |
| May 2015 | Funding round | ₹19.17 Cr | Investors: Planko Commercial Pvt.Ltd. , Kayem Exports, Priti Tradefin Pvt Ltd |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: Shashi Kumar Nair (HUF), 2 individuals Seller: an individual |
| Nov 2007 | Funding round | ₹1.9 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sabari Textiles Private Limited has 26 court cases on record: 20 filed by Sabari Textiles, 6 filed against it. 6 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 3 | 3 |
| District courts | 3 | 3 | 2 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed against the company by Ms.T.T.Limited Unit.Ms.Thirupathi Spinning Mills | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LC) | Filed against the company by The Mangalorean Milagres Society | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Assistant Provident Fund Commissioner | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by The Chairman and Managing Director M/S P.Gunaraj, S.K. Raameshuwar,P.R. Dhilipkumar and 2 others | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by The Chairman and Managing Director M/S P.Gunaraj, S.K. Raameshuwar,P.R. Dhilipkumar and 2 others | Pending |
To see the full case history of Sabari Textiles 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
Sabari Textiles Private Limited was last rated by Icra on 29 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Apr 2021 |
To see the full credit ratings and regulatory alerts of Sabari Textiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sabari Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sabari Textiles Private Limited has a workforce of 94 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Sabari Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCS3865N1ZR | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sabari Textiles Private Limited, buy the company report.
Recent activity
Sabari Textiles Private Limited has 6 board changes on record since 2006: 3 appointments and 3 cessations. The latest: Swamy Sivakumar ceased to be Whole-Time Director on 31 May 2024.
8 earlier events are in the company report.
Frequently asked questions
Sabari Textiles is an active private limited company based in Chennai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 November 2006 (20+ years old) and is registered under CIN U74110TN2006PTC061481.
Sabari Textiles has 3 current directors:
- Ajay Unnikrishnan - Director
- Madhavan Shashi Kumar Nair - Director
- Leena Shashi - Director
The latest financial statements of Sabari Textiles 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 Sabari Textiles is 33AAKCS3865N1ZR, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sabari Textiles is U74110TN2006PTC061481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sabari Textiles has 26 court cases on record: 20 filed by the company and 6 filed against it. 6 are pending. Most are in the high courts.
Sabari Textiles was incorporated on 10 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
Sabari Textiles has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹21.07 Cr; the latest was in March 2021.
The peers of Sabari Textiles by revenue are S A Textiless Private Limited, Jacquard Fabrics (India) Private Limited, Shree Ganesh Threads Private Limited, Golconda Textiles Private Limited, Rajtharun Textiles India Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Swamy Sivakumar ceased to be Whole-Time Director on 31 May 2024. Ajay Unnikrishnan ceased to be Additional Director on 30 Dec 2021. Ajay Unnikrishnan was appointed as Director on 05 Jul 2021. Sabari Textiles has 6 board changes on record in total.
The registered office of Sabari Textiles is at Flat No.2 2nd Floor Trade Centre 114 Wallajah Road, Chennai, Tamil Nadu, India – 600002.
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