MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-AP-13-0000095
Saiglobal Yarntex (India) Private Limited
Saiglobal Yarntex (India) Private Limited - manufacturing in Vellampalli, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹79.09 Cr
▼ 12% YoY
Net loss · FY 2023
₹8.43 Cr
Net margin -10.7%
EBITDA · FY 2023
-₹1.32 Cr
EBITDA margin -1.7%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹11.62 Cr
Issued & subscribed
Open charges
₹34.12 Cr
Satisfied ₹24.03 Cr
Company age
21 yrs
Est. 2005
Directors on board
5
As per MCA filings
About Saiglobal Yarntex (India) Private Limited
Data last updated:
Saiglobal Yarntex (India) Private Limited is a private limited company based in Vellampalli, Andhra Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U18100AP2005PTC048622. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.62 Cr. It is led by directors including Malepati Mohana Venkata Srinivasa Rao (Whole-Time Director) and Kasiviswanatham Desu (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at National Highway – 5, Vellampalli, Andhra Pradesh, India – 523211.
As per the financials filed for FY 2023, the company reported a revenue of ₹79.09 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹8.43 Cr (net margin -10.7%) and EBITDA of -₹1.32 Cr (EBITDA margin -1.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹34.12 Cr and satisfied charges of ₹24.03 Cr on record.
Saiglobal Yarntex (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-13-0000095). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18100AP2005PTC048622
Registration Number 048622
Incorporation Date 29 December 2005
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-AP-13-0000095
Key People
Malepati Mohana Venkata Srinivasa Rao Whole-Time Director Kasiviswanatham Desu Whole-Time Director Chakrapani Reddy Motakatla Whole-Time Director Recognitions & Rankings of Saiglobal Yarntex (India)
Contact details
Saiglobal Yarntex (India) Private Limited's registered office is in Vellampalli, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNational Highway – 5, Vellampalli, Andhra Pradesh, India – 523211
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Saiglobal Yarntex (India) Private Limited, buy the company report.
Comprehensive company report
Saiglobal Yarntex (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
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Business activity
The main business activity of Saiglobal Yarntex (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 Saiglobal Yarntex (India) Private Limited, buy the company report.
Financials of Saiglobal Yarntex (India) Private Limited
FY 2023 filings availableSaiglobal Yarntex (India) Private Limited reported revenue of ₹79.09 Cr (down 12% YoY) for FY 2023.
Revenue · FY 2023
₹79.09 Cr ▼ 12%
Net loss · FY 2023
₹8.43 Cr margin -10.7%
EBITDA · FY 2023
-₹1.32 Cr margin -1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 7%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 118%
3 years · compounded
▼ 30%
5 years · compounded
▼ 17%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 118% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹79.09 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.43 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.7% | ||||
| Net Profit Margin | -10.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Saiglobal Yarntex (India) Private Limited, buy the company report.
Board of directors of Saiglobal Yarntex (India) Private Limited
Saiglobal Yarntex (India) has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venu Gopal Reddy Ganta | Director | 29 Dec 2005 | 20 Years 9 Months | Current |
| Malepati Mohana Venkata Srinivasa Rao | Whole-Time Director | 29 Dec 2005 | 20 Years 9 Months | Current |
| Kasiviswanatham Desu | Whole-Time Director | 29 Dec 2005 | 20 Years 9 Months | Current |
| Chakrapani Reddy Motakatla | Whole-Time Director | 29 Dec 2005 | 20 Years 9 Months | Current |
| Teja Desu | Director | 27 Oct 2021 | 4 Years 11 Months | Current |
Peer comparison
Saiglobal Yarntex (India) Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Splendor Vinimay Private Limited | ₹79.38 Cr (FY 2025) | 17.0% | Howrah, West Bengal, India | |||
| Levassa Overseas Private Limited | ₹79.31 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| Saiglobal Yarntex (India) Private Limitedthis company | ₹79.09 Cr (FY 2023) | -₹8.43 Cr | -10.7% | -12.0% | Vellampalli, Andhra Pradesh, India | |
| Shri Vishnuperumaal Spin Yarn Private Limited | ₹79.09 Cr (FY 2023) | -2.0% | Coimbatore, Tamil Nadu, India | |||
| Keshav Spinning Mills Limited | ₹79.08 Cr (FY 2025) | 39.0% | Punjab, India | |||
| RWT Texfab Private Limited | ₹79.07 Cr (FY 2024) | 70.0% | Morbi, Gujarat, India | |||
| Shingora Textiles Private Limited | ₹79.04 Cr (FY 2025) | 15.0% | Doraha, Punjab, India | |||
| Ganga Tex Trendz Private Limited | ₹79.04 Cr (FY 2025) | 17.0% | Surat, Gujarat, India |
To see the full peer comparison of Saiglobal Yarntex (India) Private Limited, buy the company report.
Auditor
Saiglobal Yarntex (India) Private Limited is audited by I K Gupta & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I K Gupta & Co | FY 2023 | 001018S |
Shareholding
The shareholding of Saiglobal Yarntex (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 Saiglobal Yarntex (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34.12 Cr
Satisfied charges
₹24.03 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2006 | 10017896 | State Bank of India | ₹34.12 Cr | Open | |
| 23 Jan 2012 | 10342229 | State Bank of Hyderabad | ₹22.13 Cr | Satisfied | |
| 30 Mar 2009 | 10158367 | State Bank of Hyderabad | ₹1.4 Cr | Satisfied | |
| 29 Feb 2008 | 10092298 | Indian Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Saiglobal Yarntex (India) Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Saiglobal Yarntex (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Saiglobal Yarntex (India) Private Limited was last rated by Icra on 22 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Dec 2020 |
To see the full credit ratings and regulatory alerts of Saiglobal Yarntex (India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saiglobal Yarntex (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saiglobal Yarntex (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Saiglobal Yarntex (India) Private Limited, buy the company report.
Recent activity
Saiglobal Yarntex (India) Private Limited has 33 board changes on record since 2005: 19 appointments and 14 cessations. The latest: Badarinarayana Garlapati ceased to be Director on 01 Dec 2023.
Ceased
Badarinarayana Garlapati ceased to be Director.
Ceased
Srinivasa Rao Desu ceased to be Director.
Ceased
Subramanyam Desu ceased to be Director.
Ceased
Veera Prakasa Rao Desu ceased to be Managing Director.
AGM
Saiglobal Yarntex (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Saiglobal Yarntex (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
Ceased
Ramchandra Jha ceased to be Company Secretary.
Charges
A charge with State Bank Of India of Rs. 34.12 Cr registered on 25 Aug 2006 with Charge ID 10017896 was modified on 08 Mar 2022.
Appointed
Teja Desu was appointed as Director.
Appointed
Ramchandra Jha was appointed as Company Secretary.
Ceased
Kotireddy Thippareddy ceased to be Director.
Ceased
Anitha Desu ceased to be Director.
32 earlier events are in the company report.
Frequently asked questions
Saiglobal Yarntex (India) is an active private limited company based in Vellampalli, Andhra Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 December 2005 (21+ years old) and is registered under CIN U18100AP2005PTC048622.
Saiglobal Yarntex (India) has 5 current directors:
- Malepati Mohana Venkata Srinivasa Rao - Whole-Time Director
- Kasiviswanatham Desu - Whole-Time Director
- Chakrapani Reddy Motakatla - Whole-Time Director
- Venu Gopal Reddy Ganta - Director
- Teja Desu - Director
The latest financial statements of Saiglobal Yarntex (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Saiglobal Yarntex (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Saiglobal Yarntex (India) is U18100AP2005PTC048622. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saiglobal Yarntex (India) was incorporated on 29 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Saiglobal Yarntex (India) by revenue are Splendor Vinimay Private Limited, Levassa Overseas Private Limited, Shri Vishnuperumaal Spin Yarn Private Limited, Keshav Spinning Mills Limited, RWT Texfab Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Badarinarayana Garlapati ceased to be Director on 01 Dec 2023. Srinivasa Rao Desu ceased to be Director on 01 Dec 2023. Subramanyam Desu ceased to be Director on 01 Dec 2023. Saiglobal Yarntex (India) has 33 board changes on record in total.
Yes, Saiglobal Yarntex (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-AP-13-0000095).
The registered office of Saiglobal Yarntex (India) is at National Highway – 5, Vellampalli, Andhra Pradesh, India – 523211.
Saiglobal Yarntex (India) operates in the manufacturing industry, in the textile and fabric production segment.