- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-07-0003350

About Saravana Poly Threads Private Limited
Data last updated:
Saravana Poly Threads Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 January 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17299TZ2001PTC009603. Its GSTIN is 33AAFCS4406E1ZS (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Muthuvelappan Kandasamy (Whole-Time Director) and Kasipalayam Subramaniam Viswanathan (Whole-Time Director).
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 74 /2 Thadappallivillage Singiripalayam Privu Akkaraikodivery Post, Erode, Tamil Nadu, India – 638454.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.56 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹8.4 Cr (net margin 14.6%) and EBITDA of ₹17.61 Cr (EBITDA margin 30.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.
The company has about 149 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.49 Cr and satisfied charges of ₹9.61 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Saravana Poly Threads Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-07-0003350). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saravanapolythreads.net.
Company details
Recognitions & Rankings of Saravana Poly Threads
Contact details
Saravana Poly Threads Private Limited's registered office is in Erode, Tamil Nadu. Its website is saravanapolythreads.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSf No 74 /2 Thadappallivillage Singiripalayam Privu Akkaraikodivery Post, Erode, Tamil Nadu, India – 638454
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Saravana Poly Threads 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 activities of Saravana Poly Threads are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers textile, leather and other apparel products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Saravana Poly Threads Private Limited, buy the company report.
Financials of Saravana Poly Threads Private Limited
FY 2024 filings availableSaravana Poly Threads Private Limited reported revenue of ₹57.56 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 6% growth in the latest year. EBITDA rose 15% 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 | ₹17.61 Cr | ||||
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| Net Profit (PAT) | ₹8.4 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 | 30.6% | ||||
| Net Profit Margin | 14.6% | ||||
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To see the full financial statements and ratios of Saravana Poly Threads Private Limited, buy the company report.
Board of directors of Saravana Poly Threads Private Limited
Saravana Poly Threads has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthuvelappan Kandasamy | Whole-Time Director | 30 Aug 2003 | 23 Years 1 Months | Current |
| Kasipalayam Subramaniam Viswanathan | Whole-Time Director | 03 Jan 2001 | 25 Years 9 Months | Current |
| Ramasamy Karthikeyan | Whole-Time Director | 30 Aug 2003 | 23 Years 1 Months | Current |
| Masiappan Thiruvenkatasubramaniam | Whole-Time Director | 30 Aug 2003 | 23 Years 1 Months | Current |
| Kugalur Subramaniagounder Gowrishankar | Director | 30 Aug 2003 | 23 Years 1 Months | Current |
| Kasipalayam Thiruvenkatasubramniam Natarajan | Whole-Time Director | 03 Sep 2014 | 12 Years 1 Months | Current |
Peer comparison
Saravana Poly Threads 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 |
|---|---|---|---|---|---|---|
| Deepmala Dyeing and Printing Mills Private Limited | ₹57.62 Cr (FY 2025) | 6.0% | Surat, Gujarat, India | |||
| Sogo Fashions Private Limited | ₹57.62 Cr (FY 2025) | 22.0% | Delhi, India | |||
| Sree Lakshmi Apparels Private Limited | ₹57.59 Cr (FY 2025) | 27.0% | Tirupur, Tamil Nadu, India | |||
| Paras Synthetics (India) Private Limited | ₹57.56 Cr (FY 2019) | 33.0% | Mumbai, Maharashtra, India | |||
| Shri Mahadev Silk Mills Private Limited | ₹57.56 Cr (FY 2024) | -1.0% | Surat, Gujarat, India | |||
| Saravana Poly Threads Private Limitedthis company | ₹57.56 Cr (FY 2025) | ₹8.4 Cr | 14.6% | 6.0% | 149 | Erode, Tamil Nadu, India |
| Hayward Synthetics Pvt Ltd | ₹57.41 Cr (FY 2024) | -11.0% | Mumvbai, Maharashtra, India | |||
| Kia Textiles Private Limited | ₹57.38 Cr (FY 2017) | -47.0% | Ludhiana, Punjab, India | |||
| Kartik Dyeing and Printing Mills Private Limited | ₹57.38 Cr (FY 2024) | -7.0% | Surat, Gujarat, India |
To see the full peer comparison of Saravana Poly Threads Private Limited, buy the company report.
Auditor
Saravana Poly Threads Private Limited is audited by M.SUBBIAH &CHOWDARY ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.SUBBIAH &CHOWDARY ASSOCIATES | FY 2023 | 07337S |
Shareholding
The shareholding of Saravana Poly Threads 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 Saravana Poly Threads Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2010 | 10210000 | Axis Bank Limited | ₹16.49 Cr | Open | |
| 22 Feb 2022 | 100547840 | Axis Bank Limited | ₹4 Cr | Satisfied | |
| 17 Sep 2001 | 80001072 | The South Indian Bank Limited | ₹5.61 Cr | Satisfied |
To see the full charge records of Saravana Poly Threads Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Saravana Poly Threads Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed against the company by The District Collector Government Pleader, 9789307445 and 4 others | Disposed |
| High Court, TAMIL NADU | Court case (REV.APLW(MD)) | Filed against the company by The District Collector Government Pleader, 9789307445 and 4 others | Disposed |
| High Court, TAMIL NADU | Civil miscellaneous application | Filed against the company by The District Collector M/S. Government Pleader and 2 others | Disposed |
To see the full case history of Saravana Poly Threads 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 Saravana Poly Threads Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saravana Poly Threads Private Limited has a workforce of 149 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Saravana Poly Threads has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCS4406E1ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saravana Poly Threads Private Limited, buy the company report.
Recent activity
Saravana Poly Threads Private Limited has 19 board changes on record since 2001: 13 appointments and 6 cessations. The latest: Savandapur Perumal Marayammal ceased to be Director on 03 Oct 2022.
17 earlier events are in the company report.
Frequently asked questions
Saravana Poly Threads is an active private limited company based in Erode, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 January 2001 (25+ years old) and is registered under CIN U17299TZ2001PTC009603.
Saravana Poly Threads has 7 current directors:
- Muthuvelappan Kandasamy - Whole-Time Director
- Kasipalayam Subramaniam Viswanathan - Whole-Time Director
- Ramasamy Karthikeyan - Whole-Time Director
- Masiappan Thiruvenkatasubramaniam - Whole-Time Director
- Kasipalayam Thiruvenkatasubramniam Natarajan - Whole-Time Director
- Kugalur Subramaniagounder Gowrishankar - Director
- Muthuvel Srividhya - Director
The latest financial statements of Saravana Poly Threads 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 Saravana Poly Threads is 33AAFCS4406E1ZS, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Saravana Poly Threads is U17299TZ2001PTC009603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saravana Poly Threads has 3 court cases on record: 3 filed against it.
Saravana Poly Threads was incorporated on 03 January 2001, making it 25+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Saravana Poly Threads by revenue are Deepmala Dyeing and Printing Mills Private Limited, Sogo Fashions Private Limited, Sree Lakshmi Apparels Private Limited, Paras Synthetics (India) Private Limited, Shri Mahadev Silk Mills Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Savandapur Perumal Marayammal ceased to be Director on 03 Oct 2022. Andhiyur Veluswamynaidu Krishnadevarajan ceased to be Director on 24 Jan 2018. Natarajan Obuliraj ceased to be Director on 24 Jan 2018. Saravana Poly Threads has 19 board changes on record in total.
Yes, Saravana Poly Threads is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-07-0003350).
Saravana Poly Threads can be reached through the website saravanapolythreads.net. Its registered office is in Erode, Tamil Nadu, India.