MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-20-0009605
Sankagiri Spintex Private Limited - manufacturing in Salem, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹57.98 Cr
▲ 42% YoY
Net profit · FY 2025
₹30.12 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹3.51 Cr
EBITDA margin 6%
Authorised capital
₹8.5 Cr
Registered with MCA
Paid-up capital
₹8.5 Cr
Issued & subscribed
Open charges
₹27.74 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Employees · EPFO
29
Provident fund records
About Sankagiri Spintex Private Limited
Data last updated:
Sankagiri Spintex Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2005PTC011841. Its GSTIN is 33AAJCS4841H1ZB (Tamil Nadu).
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.5 Cr. It was formerly known as Sankagiri Spintex Limited. It is led by directors including Palajisamy Gounder Shanmugam Karthikkeyan and Rathinam Premavathi.
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 Shanmugha Complexnew Edappadi Road Sankagiri Post, Salem, Tamil Nadu, India – 637303.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.98 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹30.12 Lakh (net margin 0.5%) and EBITDA of ₹3.51 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹27.74 Cr on record. Court records list 32 cases involving the company, including 21 filed by the company and 11 filed against it; 2 cases are pending.
Sankagiri Spintex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-20-0009605). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sankagirispintex.com.
Company details
CIN U17111TZ2005PTC011841
Registration Number 011841
Incorporation Date 26 May 2005
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-20-0009605
CIN history
Sankagiri Spintex has one previous CIN (Corporate Identification Number): U17111TZ2005PLC011841. The current CIN is U17111TZ2005PTC011841, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111TZ2005PTC011841 | Current |
| U17111TZ2005PLC011841 | Previous |
Key People
Palajisamy Gounder Shanmugam Karthikkeyan Director Rathinam Premavathi Director Kumaravel Selvamani Director Recognitions & Rankings of Sankagiri Spintex
Contact details
Sankagiri Spintex Private Limited's registered office is in Salem, Tamil Nadu. Its website is sankagirispintex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShanmugha Complexnew Edappadi Road Sankagiri Post, Salem, Tamil Nadu, India – 637303
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sankagiri Spintex Private Limited, buy the company report.
Comprehensive company report
Sankagiri Spintex 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 Sankagiri Spintex 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 Sankagiri Spintex Private Limited, buy the company report.
Financials of Sankagiri Spintex Private Limited
FY 2024 filings availableSankagiri Spintex Private Limited reported revenue of ₹57.98 Cr (up 42% YoY) for FY 2025.
Revenue · FY 2025
₹57.98 Cr ▲ 42%
Net profit · FY 2025
₹30.12 Lakh margin 0.5%
EBITDA · FY 2025
₹3.51 Cr margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 1%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 8%
5 years · compounded
▼ 4%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 42% growth in the latest year. EBITDA rose 9% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.12 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Sankagiri Spintex Private Limited, buy the company report.
Board of directors of Sankagiri Spintex Private Limited
Sankagiri Spintex has 11 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palajisamy Gounder Shanmugam Karthikkeyan | Director | 26 May 2005 | 21 Years 5 Months | Current |
| Rathinam Premavathi | Director | 23 Mar 2018 | 8 Years 7 Months | Current |
| Kumaravel Selvamani | Director | 26 May 2005 | 21 Years 5 Months | Current |
| Mani Anandhkumaran | Director | 26 May 2005 | 21 Years 5 Months | Current |
| Sengodagounder Ramasamy | Director | 26 May 2005 | 21 Years 5 Months | Current |
| Ganesan Kaliselvan | Director | 14 Jun 2012 | 14 Years 4 Months | Current |
Showing 6 of 11 current directors. View all directors
Peer comparison
Sankagiri Spintex 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 |
|---|---|---|---|---|---|---|
| Shree Jeenmata Dyeing and Printing Mills Private Limited | ₹58.01 Cr (FY 2024) | 3.0% | Mumbai, Maharashtra, India | |||
| Shri Jagdamba Silk Mills Private Limited | ₹58.01 Cr (FY 2025) | -2.0% | Ichalkaranji, Maharashtra, India | |||
| Balkrishna Synthetics Limited | ₹58.01 Cr (FY 2016) | -4.0% | Mumbai, Maharashtra, India | |||
| Sankagiri Spintex Private Limitedthis company | ₹57.98 Cr (FY 2025) | ₹30.12 Lakh | 0.5% | 42.0% | 29 | Salem, Tamil Nadu, India |
| Zayntex Spinners Private Limited | ₹57.94 Cr (FY 2024) | -18.0% | Ludhiana, Punjab, India | |||
| Darshika Syntex Private Limited | ₹57.87 Cr (FY 2025) | 10.0% | Bhilwara, Rajasthan, India | |||
| Srijayavilas Subbaraj Spinning Mills Private Limited | ₹57.86 Cr (FY 2022) | 6.0% | Aruppukottai, Tamil Nadu, India | |||
| C N V Textiles Private Limited | ₹57.84 Cr (FY 2023) | 21.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Sankagiri Spintex Private Limited, buy the company report.
Auditor
Sankagiri Spintex Private Limited is audited by NA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NA | FY 2021 | NA |
Shareholding
The shareholding of Sankagiri Spintex 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 Sankagiri Spintex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.74 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2025 | 101149114 | Sidbi | ₹6.55 Cr | Open | |
| 03 Oct 2024 | 100986077 | Sidbi | ₹2.46 Cr | Open | |
| 28 Dec 2022 | 100668102 | City Union Bank Limited | ₹3.98 Cr | Open | |
| 08 Nov 2006 | 10030216 | State Bank of India | ₹14.75 Cr | Open |
To see the full charge records of Sankagiri Spintex Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sankagiri Spintex Private Limited has 32 court cases on record: 21 filed by Sankagiri Spintex, 11 filed against it. 2 cases are pending and 30 are disposed.
Total cases
32
Filed by the company
21
Filed against the company
11
Pending
2
Disposed
30
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 8 | 2 |
| High courts | 8 | 3 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Appeal | Filed against the company by an individual | Pending |
| District court, Erode, Tamil Nadu | Court case (COS) | Filed by the company against T.Ashok Kumar, Proprietor of Srivel Traders | Pending |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Court case (CRL RC) | Filed against the company by an individual | Disposed |
| District court, Erode, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Sankagiri Spintex 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 Sankagiri Spintex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sankagiri Spintex Private Limited has a workforce of 29 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
GST
Sankagiri Spintex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCS4841H1ZB | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sankagiri Spintex Private Limited, buy the company report.
Recent activity
Sankagiri Spintex Private Limited has 15 board changes on record since 2005: 11 appointments and 4 cessations. The latest: Chettia Gounder Ganesan ceased to be Director on 06 Oct 2023.
Charges
A charge with Sidbi amounted to Rs. 6.55 Cr with Charge ID 101149114 was registered on 20 Aug 2025.
Charges
A charge with State Bank Of India of Rs. 14.75 Cr registered on 08 Nov 2006 with Charge ID 10030216 was modified on 30 Dec 2024.
Charges
A charge with Sidbi amounted to Rs. 2.46 Cr with Charge ID 100986077 was registered on 03 Oct 2024.
AGM
Sankagiri Spintex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sankagiri Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Ceased
Chettia Gounder Ganesan ceased to be Director.
Charges
A charge with City Union Bank Limited of Rs. 3.98 Cr registered on 28 Dec 2022 with Charge ID 100668102 was modified on 30 Dec 2022.
Charges
A charge with City Union Bank Limited amounted to Rs. 3.98 Cr with Charge ID 100668102 was registered on 28 Dec 2022.
Appointed
Rathinam Premavathi was appointed as Director.
Ceased
Palanisamygounder Shanmugam ceased to be Managing Director.
Ceased
Ganesan Kaliselvan ceased to be Additional Director.
Appointed
Ganesan Kaliselvan was appointed as Director.
12 earlier events are in the company report.
Frequently asked questions
Sankagiri Spintex 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 2005 (21+ years old) and is registered under CIN U17111TZ2005PTC011841.
Sankagiri Spintex has 11 current directors:
- Palajisamy Gounder Shanmugam Karthikkeyan - Director
- Rathinam Premavathi - Director
- Kumaravel Selvamani - Director
- Mani Anandhkumaran - Director
- Sengodagounder Ramasamy - Director
- Ganesan Kaliselvan - Director
- Palanisamygounder Mani - Director
- Sengottuvellappan Kumaravel - Director
- Ramasamy Sathish Kumar - Director
- Loganathan Sumathi - Director
- Palanisamy Loganathan - Director
The latest financial statements of Sankagiri Spintex 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 Sankagiri Spintex is 33AAJCS4841H1ZB, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sankagiri Spintex is U17111TZ2005PTC011841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sankagiri Spintex has 32 court cases on record: 21 filed by the company and 11 filed against it. 2 are pending. Most are in the district courts.
Sankagiri Spintex was incorporated on 26 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sankagiri Spintex by revenue are Shree Jeenmata Dyeing and Printing Mills Private Limited, Shri Jagdamba Silk Mills Private Limited, Balkrishna Synthetics Limited, Zayntex Spinners Private Limited, Darshika Syntex Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Chettia Gounder Ganesan ceased to be Director on 06 Oct 2023. Rathinam Premavathi was appointed as Director on 23 Mar 2018. Palanisamygounder Shanmugam ceased to be Managing Director on 01 Nov 2016. Sankagiri Spintex has 15 board changes on record in total.
Yes, Sankagiri Spintex is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-20-0009605).
Sankagiri Spintex can be reached through the website sankagirispintex.com. Its registered office is in Salem, Tamil Nadu, India.
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